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ALEX sBTC Pools

May 5, 2025

Leather does not operate ALEX. Users are responsible for understanding each pool’s terms, risks, and expected rewards before participating. Participation in sBTC pools involves smart contract risk and market volatility. Review all pool parameters and terms before depositing assets.

ALEX is a decentralized finance protocol on Stacks that enables smart contract-powered Bitcoin-native yield strategies. Among its features are liquidity and staking pools that specifically support sBTC, a wrapped Bitcoin asset on Stacks.

What are ALEX sBTC Pools?

These pools allow users to deposit sBTC into automated market-making or yield-generating contracts. They're designed to:

  • Provide sBTC liquidity for traders and protocols

  • Distribute incentives to bootstrap Bitcoin-backed DeFi activity In return, users may earn rewards in:

  • BTC (when supported)

  • ALEX tokens

  • Other DeFi-native assets The exact reward structure varies depending on the pool and current program terms.

Interacting with ALEX Pools via Leather

Leather supports direct integration with ALEX. You can:

  • Connect securely to the ALEX app
  • View available sBTC-specific pools under “Farm”
  • Review estimated APY, reward token, and lock period (if any)
  • Commit your sBTC to start earning This integration makes it easy to explore sBTC DeFi strategies while managing your wallet and assets in one place.