Redemption Flow

When you're ready to exit your position, Sova Prime’s redemption process ensures a secure and fully auditable return of capital — backed by on-chain records and institutional-grade execution.

1. Submit Withdrawal Request

• You initiate a redemption request through the Sova Prime interface

• The request is logged on-chain in the vault contract

• Your spBTC remains in your wallet until funds are ready for settlement

2. Liquidity Preparation

During the designated redemption cycle:

• The vault begins unwinding positions in underlying strategies

• Assets are liquidated or rotated based on each strategy’s liquidity profile

• Capital is prepared in sovaBTC (or stablecoins for USD vaults)

3. Funds Returned On-Chain

• Proceeds are delivered back into the vault contract in crypto form

• Redemption requests are matched against the available liquidity

• Settlement speed depends on the vault type:

  • Prime strategies: typically T+1 to T+3

  • SovaX or specialized vaults: up to 30+ days, depending on underlying assets

4. Token Burn & Payout

Once funds are available:

• You burn your spBTC in the app

• You receive sovaBTC (or USDC on USD vaults) including all accrued yield

• sovaBTC can be bridged back to native Bitcoin at any time

Redemption Timing Liquidity terms vary by vault. Core Prime vaults are designed for fast access, while longer-duration or PrimeX strategies may require extended redemption windows.