We published a guide to Svalbard and svBTC.
It covers how the exchange rate works, where the returns come from, and how to mint, redeem or trade svBTC on Ethereum and Sui.
https://t.co/WaoBy1vomQ
svBTC/wBTC liquidity on Bluefin just got deeper: ~10 wBTC + ~10 svBTC in the pool.Price tracks the exchange rate, within a fraction of a basis point. ๐๏ธ
The svBTC roadmap. ๐๏ธ
Q3 โ live & verifiable: two chains, the deepest Sui Bridge wBTC pool, a public reserve address with signed proof.
Next: Chainlink PoR โ svBTC on Morpho โ everywhere Bitcoin goes.
Built, and building.
svBTC yield comes from BTC strategies with no directional bets. The reserves backing it are held at a public BTC address, and anyone can verify them at any time.
Most institutional products verify through periodic reports. svBTC's backing can be checked directly.
svBTC is now on @CurveFinance. ๐ท
An svBTC/WBTC pool on Ethereum โ where yield-bearing assets trade. Swap at size or LP the tight BTCโBTC range while the rate compounds underneath.
Sui โ Ethereum โ One exchange rate.
The svBTC/wBTC pool is live on @bluefinapp โ swap in and out of svBTC on Sui anytime, or LP a tight BTC-BTC range and earn fees while the staking yield compounds underneath.
svBTC is now live on Current.Deposit it, earn lending yield on top โ while the staking yield keeps compounding https://t.co/AhiJ4BhVeJ asset. Two income layers.We told you it wouldn't sit idle. ๐
svBTC is live on @SuiNetwork.
๐ Bridge from Ethereum in one click โ same token, same exchange rate, same reserves, one proof-of-reserves feed.
Yield didn't pause on the way over.
It never does.
Svalbard is live. ๐๏ธ
Deposit BTC on Ethereum, mint svBTC, and earn institutional-grade yield โ audited, insured, and attested on-chain in real time.
Your Bitcoin, vaulted north.
One token. Every chain. svBTC is the same asset wherever it lives:
โธ One exchange rate
โธ One reserve base
โธ One proof-of-reserves feed covering every chain Bridge it anywhere โ yield never pauses.
In 2008, engineers cut a vault into an Arctic mountain at 78ยฐN.
Inside: 1.3M seed samples โ humanity's backup.
Built to survive wars, floods, and grid failure.
No hype, just engineering for the worst case.
That's the school of thought we're named after.
Svalbard. 2 days. ๐๏ธ
Most BTC yield has one flaw: sooner or later, your coins sit on an exchange. Not here.
โธ Segregated MPC cold custody with regulated custodians
โธ Venues settled off-exchange โ collateral mirrored, coins never move
โธ Balances attested on-chain, 24/7 Custody first. Yield second
@saylor Bitcoin security is a shared responsibility โ and it extends beyond the protocol.
Developers secure the network.
Institutions must secure the capital built on top of it through real custody separation, transparent reserves, and verifiable risk.