We are pleased to announce that the leading Bitcoin wallet, Xverse, has integrated BOB’s 1-click Bitcoin DeFi into their Xverse Earn platform. This is now live on the Xverse website, and can also be accessed via a browser extension on Chrome.
Thanks to BOB Gateway, a single transaction from your Xverse wallet will now allow you to swap native BTC for LSTs such as uniBTC and solvBTC, gain access to multichain BTC yield via Hybrid BTC, and earn points from protocols like Babylon, Solv, Bedrock and Avalon.
Supported by BOB’s unique Hybrid L2 model, this latest integration makes Xverse Earn one of the safest and easiest ways to earn yield on your Bitcoin—significantly expanding DeFi access for Bitcoin’s native audience.
Read on to learn more.
Xverse Earn—effortless yield on your BTC
Xverse is the leading BTC wallet for Web3, and offers users a one-stop destination for managing and interacting with all their Bitcoin assets and Dapps. Xverse has previously been instrumental in the growth of Ordinals and Runes, helping to kick off the Bitcoin Renaissance with new waves of BTC use cases and users. Now they’re making it easy for these same users to earn yields in Bitcoin DeFi.
By integrating with BOB and offering EVM based DeFi for the first time, Xverse Earn has broadened the variety of yield-bearing strategies available on the platform. Thanks to BOB’s 1-click DeFi and Xverse’s intuitive user interface, users can now easily deploy their BTC into a variety of DeFi positions, tracking their yield-bearing tokens on the platform.
With over 1.5 million wallet downloads and more than 7,000 users already engaging with Xverse Earn, this collaboration with BOB marks an important step in Xverse’s mission to lower the barriers for newcomers into Bitcoin DeFi.
Ken Liao, CEO of Xverse, had this to say on this latest integration:
“At Xverse, our focus is on making Bitcoin DeFi simple for everyone. Our integration with BOB is a big step toward that goal; together, we’re delivering a seamless way to put your Bitcoin to work and earn rewards. We’re excited to see more users experience Bitcoin DeFi right within Xverse Earn.”
1-click Bitcoin DeFi powered by BOB Gateway
Xverse Earn’s new capability was made possible by BOB Gateway, BOB’s Bitcoin intents-based swaps system, which consolidates bridging, swapping, and deployment into a single BTC transaction—removing the usual back-and-forth between different interfaces.
BOB Gateway enables 1-click BTC deployment into a variety of BTC Liquid Staking Tokens (LSTs) and DeFi positions, offering new ways for people to earn yield on their BTC.
BOB Gateway has now been integrated into a number of web3 platforms, including Sovryn (DEX), Pell (restaking) and now Xverse. Future integrations are also underway with Everstake and Staking Rewards.
Commenting on this, BOB co-founder Alexei Zamyatin had this to say:
“Bitcoin DeFi is increasingly touted as the next frontier in crypto and BOB Gateway can play a key role by simplifying DeFi access for everyone from Bitcoin beginners to DeFi experts. It’s great to partner with Xverse for this integration. As an industry leader and one of the most influential BTC wallet providers in the space, Xverse can help more BTC holders start to earn yield. BOB is the ideal chain for Xverse’s Bitcoin native users too with trustless Bitcoin deposits and Bitcoin finality launching in the near future, meaning strong Bitcoin security for top tier Ethereum DeFi dapps.”
BOB Hybrid L2 is built for Bitcoin DeFi
This integration follows the release of our Hybrid L2 Vision Paper and Technical blueprint, which highlights BOB’s mission to place Bitcoin at the heart of DeFi, and how we intend to achieve this by merging Bitcoin’s unmatched security and censorship resistance, with Ethereum’s versatility, ease of use and innovative DeFi apps.
Right now, DeFi represents only about 0.3% of Bitcoin’s market cap, compared to 30% for Ethereum. BOB aims to bridge that gap by unlocking trillions in BTC liquidity and bringing it into decentralized finance. The hybrid model makes this possible, and includes the following:
- OP Superchain Rollup + Bitcoin Secured Network (BSN): BOB operates as both an Ethereum rollup on the OP Superchain, and a BSN that will soon inherit security from the billions of dollars of Bitcoin staked with Babylon.
- Trust-Minimized BTC Bridges: Powered by BitVM, BOB’s native BTC bridge will provide a far safer alternative to existing centralized or custodial bridges. This is bridging, reimagined for Bitcoin DeFi.
- Hybrid BTC Yield Products: Deposits in BOB’s vaults will seamlessly earn yield from multiple chains, creating the first multi-chain BTC yield layer and simplifying cross-chain opportunities.
Together, these elements make BOB the best and safest place to earn yield on your Bitcoin. This is because the more LSTs that are staked and used in DeFi on BOB, the more staking yields will increase. This makes staking on BOB even more attractive, which further increases LST deposits—ultimately creating a strong growth flywheel effect.
Additionally, because every transaction on BOB (including the latest 1-click staking via Xverse Earn) will soon be Bitcoin secured—from the network itself to its bridges and vaults—BTC holders can enjoy the highest possible security.
Get Started with 1-click Bitcoin DeFi
Ready to enjoy effortless yield-bearing Bitcoin DeFi strategies all in one place? Download Xverse (or open the desktop extension on Chrome) to deploy BTC in a single transaction, and benefit from multi-chain yield whilst earning points from multiple protocols. Whether you’re a Runes enthusiast, an Ordinals collector, or simply a BTC holder looking for new ways to grow your stack, Xverse Earn is one of the safest and easiest ways to enjoy Bitcoin DeFi on BOB.
