The SLAY Token

SLAY is the ecosystem token of SatLayer. It underpins governance, aligns incentives, and ensures the protocol’s sustainability.

About SLAY

The SLAY token is the ecosystem token of SatLayer. It plays a central role in coordinating incentives, governance, and security across Bitcoin Validated Services (BVS) and integrated chains.

SLAY is used for staking and restaking to secure protocol operations, while also aligning users, operators, and partner applications around sustainable rewards. The token underpins our BVS products such as liquidity float, insurance coverage, and many more, ensuring that restaked Bitcoin assets remain productive in a secure, decentralized manner.

Supported Networks & Token Addresses

Below are the list of supported and canonical token addresses of SLAY. You may use a bridge like Stargate Finance to bridge SLAY across different chains.

Network	Token Standard	Token	Address
Ethereum	ERC-20	SLAY	0x51477A3002ee04B7542aDfe63ccdb50c00Ee5147
BNB Chain	BEP-20	SLAY	0xfC5a743271672E91D77F0176e5CEa581Fbd5D834
Base	ERC-20	SLAY	0x3e248ab4554cFdec8fc4f18F569FE6F46dE61DB1
HyperEVM	ERC-20	SLAY	0x9EfdFC72C1BC90b36f8aae35247e62310c58eACf
Hyperliquid	HIP-1	SLAY	0xf9dadbe873e83783630c7089320f361a

Only use the official token addresses listed here. Beware of scams or fake contracts.

How It Works

To understand more about SLAY in depth, you can explore the following docs:

UtilityTokenomicsSupply & Distribution