An sBTC rewards provider is any third-party DeFi protocol on Stacks that allows users to earn rewards by supplying or staking sBTC.
These providers design and operate smart contract-based strategies that make use of sBTC liquidity, often as part of lending markets, liquidity pools, or incentive programs.
For example, ALEX offers sBTC liquidity pools with rewards in ALEX tokens and sometimes STX or BTC, while Velar hosts sBTC pairs in AMM pools and perpetual pools with incentives in Velar-native tokens.
These providers are often part of the basic sBTC Rewards Program, which promotes the use of sBTC in non-custodial strategies and aims to grow the Bitcoin-backed DeFi economy.
sBTC rewards providers determine:
What token(s) are paid as rewards (e.g., BTC, sBTC, STX, ALEX)
How often rewards are distributed (e.g., continuously, by epoch, or per block)
Whether users must manually claim rewards or if they auto-compound
Minimum commitment thresholds or lockup durations
Leather surfaces integrated sBTC rewards providers so users can:
View available strategies and supported protocols
See historical yield, reward token types, and total value locked (TVL)
Connect directly to the provider’s interface or commit funds in-app
These integrations are non-custodial, meaning users maintain control of their assets while participating in DeFi opportunities.