diff --git a/Cargo.toml b/Cargo.toml
index 53ceb7cd47..87428029af 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -8,6 +8,7 @@ members = [
     "crates/esplora",
     "crates/bitcoind_rpc",
     "crates/hwi",
+    "crates/persist",
     "crates/testenv",
     "example-crates/example_cli",
     "example-crates/example_electrum",
diff --git a/README.md b/README.md
index d322243085..907343c1dd 100644
--- a/README.md
+++ b/README.md
@@ -41,6 +41,7 @@ The project is split up into several crates in the `/crates` directory:
 
 - [`bdk`](./crates/bdk): Contains the central high level `Wallet` type that is built from the low-level mechanisms provided by the other components
 - [`chain`](./crates/chain): Tools for storing and indexing chain data
+- [`persist`](./crates/persist): Types that define data persistence of a BDK wallet
 - [`file_store`](./crates/file_store): A (experimental) persistence backend for storing chain data in a single file.
 - [`esplora`](./crates/esplora): Extends the [`esplora-client`] crate with methods to fetch chain data from an esplora HTTP server in the form that [`bdk_chain`] and `Wallet` can consume.
 - [`electrum`](./crates/electrum): Extends the [`electrum-client`] crate with methods to fetch chain data from an electrum server in the form that [`bdk_chain`] and `Wallet` can consume.
@@ -61,6 +62,7 @@ Fully working examples of how to use these components are in `/example-crates`:
 [`electrum-client`]: https://docs.rs/electrum-client/
 [`bdk_chain`]: https://docs.rs/bdk-chain/
 
+
 ## Minimum Supported Rust Version (MSRV)
 This library should compile with any combination of features with Rust 1.63.0.
 
diff --git a/crates/bdk/Cargo.toml b/crates/bdk/Cargo.toml
index 425199e101..8c21a94d42 100644
--- a/crates/bdk/Cargo.toml
+++ b/crates/bdk/Cargo.toml
@@ -20,6 +20,8 @@ bitcoin = { version = "0.31.0", features = ["serde", "base64", "rand-std"], defa
 serde = { version = "^1.0", features = ["derive"] }
 serde_json = { version = "^1.0" }
 bdk_chain = { path = "../chain", version = "0.12.0", features = ["miniscript", "serde"], default-features = false }
+bdk_persist = { path = "../persist", version = "0.1.0" }
+
 
 # Optional dependencies
 bip39 = { version = "2.0", optional = true }
diff --git a/crates/bdk/README.md b/crates/bdk/README.md
index a3d53f2950..4722c5845b 100644
--- a/crates/bdk/README.md
+++ b/crates/bdk/README.md
@@ -219,7 +219,7 @@ license, shall be dual licensed as above, without any additional terms or
 conditions.
 
 [`Wallet`]: https://docs.rs/bdk/1.0.0-alpha.7/bdk/wallet/struct.Wallet.html
-[`PersistBackend`]: https://docs.rs/bdk_chain/latest/bdk_chain/trait.PersistBackend.html
+[`PersistBackend`]: https://docs.rs/bdk_persist/latest/bdk_persist/trait.PersistBackend.html
 [`bdk_chain`]: https://docs.rs/bdk_chain/latest
 [`bdk_file_store`]: https://docs.rs/bdk_file_store/latest
 [`bdk_electrum`]: https://docs.rs/bdk_electrum/latest
diff --git a/crates/bdk/src/wallet/coin_selection.rs b/crates/bdk/src/wallet/coin_selection.rs
index 49cb56c0cb..f1897677bf 100644
--- a/crates/bdk/src/wallet/coin_selection.rs
+++ b/crates/bdk/src/wallet/coin_selection.rs
@@ -28,7 +28,7 @@
 //! # use bitcoin::*;
 //! # use bdk::wallet::{self, ChangeSet, coin_selection::*, coin_selection};
 //! # use bdk::wallet::error::CreateTxError;
-//! # use bdk_chain::PersistBackend;
+//! # use bdk_persist::PersistBackend;
 //! # use bdk::*;
 //! # use bdk::wallet::coin_selection::decide_change;
 //! # use anyhow::Error;
diff --git a/crates/bdk/src/wallet/mod.rs b/crates/bdk/src/wallet/mod.rs
index 1e24dd50e4..1fe37d5508 100644
--- a/crates/bdk/src/wallet/mod.rs
+++ b/crates/bdk/src/wallet/mod.rs
@@ -28,8 +28,9 @@ use bdk_chain::{
     },
     tx_graph::{CanonicalTx, TxGraph},
     Append, BlockId, ChainPosition, ConfirmationTime, ConfirmationTimeHeightAnchor, FullTxOut,
-    IndexedTxGraph, Persist, PersistBackend,
+    IndexedTxGraph,
 };
+use bdk_persist::{Persist, PersistBackend};
 use bitcoin::constants::genesis_block;
 use bitcoin::secp256k1::{All, Secp256k1};
 use bitcoin::sighash::{EcdsaSighashType, TapSighashType};
@@ -1167,7 +1168,7 @@ impl Wallet {
     /// # use bdk::*;
     /// # use bdk::wallet::ChangeSet;
     /// # use bdk::wallet::error::CreateTxError;
-    /// # use bdk_chain::PersistBackend;
+    /// # use bdk_persist::PersistBackend;
     /// # use anyhow::Error;
     /// # let descriptor = "wpkh(tpubD6NzVbkrYhZ4Xferm7Pz4VnjdcDPFyjVu5K4iZXQ4pVN8Cks4pHVowTBXBKRhX64pkRyJZJN5xAKj4UDNnLPb5p2sSKXhewoYx5GbTdUFWq/*)";
     /// # let mut wallet = doctest_wallet!();
@@ -1549,7 +1550,7 @@ impl Wallet {
     /// # use bdk::*;
     /// # use bdk::wallet::ChangeSet;
     /// # use bdk::wallet::error::CreateTxError;
-    /// # use bdk_chain::PersistBackend;
+    /// # use bdk_persist::PersistBackend;
     /// # use anyhow::Error;
     /// # let descriptor = "wpkh(tpubD6NzVbkrYhZ4Xferm7Pz4VnjdcDPFyjVu5K4iZXQ4pVN8Cks4pHVowTBXBKRhX64pkRyJZJN5xAKj4UDNnLPb5p2sSKXhewoYx5GbTdUFWq/*)";
     /// # let mut wallet = doctest_wallet!();
@@ -1724,7 +1725,7 @@ impl Wallet {
     /// # use bdk::*;
     /// # use bdk::wallet::ChangeSet;
     /// # use bdk::wallet::error::CreateTxError;
-    /// # use bdk_chain::PersistBackend;
+    /// # use bdk_persist::PersistBackend;
     /// # let descriptor = "wpkh(tpubD6NzVbkrYhZ4Xferm7Pz4VnjdcDPFyjVu5K4iZXQ4pVN8Cks4pHVowTBXBKRhX64pkRyJZJN5xAKj4UDNnLPb5p2sSKXhewoYx5GbTdUFWq/*)";
     /// # let mut wallet = doctest_wallet!();
     /// # let to_address = Address::from_str("2N4eQYCbKUHCCTUjBJeHcJp9ok6J2GZsTDt").unwrap().assume_checked();
diff --git a/crates/bdk/src/wallet/tx_builder.rs b/crates/bdk/src/wallet/tx_builder.rs
index e7df86678d..355d80d3bc 100644
--- a/crates/bdk/src/wallet/tx_builder.rs
+++ b/crates/bdk/src/wallet/tx_builder.rs
@@ -20,7 +20,7 @@
 //! # use bdk::wallet::ChangeSet;
 //! # use bdk::wallet::error::CreateTxError;
 //! # use bdk::wallet::tx_builder::CreateTx;
-//! # use bdk_chain::PersistBackend;
+//! # use bdk_persist::PersistBackend;
 //! # use anyhow::Error;
 //! # let to_address = Address::from_str("2N4eQYCbKUHCCTUjBJeHcJp9ok6J2GZsTDt").unwrap().assume_checked();
 //! # let mut wallet = doctest_wallet!();
@@ -84,7 +84,7 @@ impl TxBuilderContext for BumpFee {}
 /// # use core::str::FromStr;
 /// # use bdk::wallet::ChangeSet;
 /// # use bdk::wallet::error::CreateTxError;
-/// # use bdk_chain::PersistBackend;
+/// # use bdk_persist::PersistBackend;
 /// # use anyhow::Error;
 /// # let mut wallet = doctest_wallet!();
 /// # let addr1 = Address::from_str("2N4eQYCbKUHCCTUjBJeHcJp9ok6J2GZsTDt").unwrap().assume_checked();
@@ -758,7 +758,7 @@ impl<'a, Cs: CoinSelectionAlgorithm> TxBuilder<'a, Cs, CreateTx> {
     /// # use bdk::wallet::ChangeSet;
     /// # use bdk::wallet::error::CreateTxError;
     /// # use bdk::wallet::tx_builder::CreateTx;
-    /// # use bdk_chain::PersistBackend;
+    /// # use bdk_persist::PersistBackend;
     /// # use anyhow::Error;
     /// # let to_address =
     /// Address::from_str("2N4eQYCbKUHCCTUjBJeHcJp9ok6J2GZsTDt")
diff --git a/crates/chain/Cargo.toml b/crates/chain/Cargo.toml
index 56cadd85a1..fda5924d2f 100644
--- a/crates/chain/Cargo.toml
+++ b/crates/chain/Cargo.toml
@@ -14,7 +14,6 @@ readme = "README.md"
 
 [dependencies]
 # For no-std, remember to enable the bitcoin/no-std feature
-anyhow = { version = "1", default-features = false }
 bitcoin = { version = "0.31.0", default-features = false }
 serde_crate = { package = "serde", version = "1", optional = true, features = ["derive", "rc"] }
 
diff --git a/crates/chain/src/lib.rs b/crates/chain/src/lib.rs
index 2065669714..61c0b6d7ac 100644
--- a/crates/chain/src/lib.rs
+++ b/crates/chain/src/lib.rs
@@ -35,8 +35,6 @@ pub use tx_data_traits::*;
 pub use tx_graph::TxGraph;
 mod chain_oracle;
 pub use chain_oracle::*;
-mod persist;
-pub use persist::*;
 
 #[doc(hidden)]
 pub mod example_utils;
diff --git a/crates/file_store/Cargo.toml b/crates/file_store/Cargo.toml
index 0d382b4bf7..9994190589 100644
--- a/crates/file_store/Cargo.toml
+++ b/crates/file_store/Cargo.toml
@@ -13,6 +13,8 @@ readme = "README.md"
 [dependencies]
 anyhow = { version = "1", default-features = false }
 bdk_chain = { path = "../chain", version = "0.12.0", features = [ "serde", "miniscript" ] }
+bdk_persist = { path = "../persist", version = "0.1.0"}
+
 bincode = { version = "1" }
 serde = { version = "1", features = ["derive"] }
 
diff --git a/crates/file_store/README.md b/crates/file_store/README.md
index 4a334fcbfa..54e41e007f 100644
--- a/crates/file_store/README.md
+++ b/crates/file_store/README.md
@@ -1,10 +1,10 @@
 # BDK File Store
 
 This is a simple append-only flat file implementation of
-[`Persist`](`bdk_chain::Persist`).
+[`PersistBackend`](bdk_persist::PersistBackend).
 
-The main structure is [`Store`](`crate::Store`), which can be used with [`bdk`]'s
+The main structure is [`Store`](crate::Store), which can be used with [`bdk`]'s
 `Wallet` to persist wallet data into a flat file.
 
 [`bdk`]: https://docs.rs/bdk/latest
-[`bdk_chain`]: https://docs.rs/bdk_chain/latest
+[`bdk_persist`]: https://docs.rs/bdk_persist/latest
diff --git a/crates/file_store/src/store.rs b/crates/file_store/src/store.rs
index 16d8f7b72a..6cea927657 100644
--- a/crates/file_store/src/store.rs
+++ b/crates/file_store/src/store.rs
@@ -1,6 +1,7 @@
 use crate::{bincode_options, EntryIter, FileError, IterError};
 use anyhow::anyhow;
-use bdk_chain::{Append, PersistBackend};
+use bdk_chain::Append;
+use bdk_persist::PersistBackend;
 use bincode::Options;
 use std::{
     fmt::{self, Debug},
@@ -11,8 +12,6 @@ use std::{
 };
 
 /// Persists an append-only list of changesets (`C`) to a single file.
-///
-/// The changesets are the results of altering a tracker implementation (`T`).
 #[derive(Debug)]
 pub struct Store<C>
 where
@@ -152,7 +151,7 @@ where
     ///
     /// You should usually check the error. In many applications, it may make sense to do a full
     /// wallet scan with a stop-gap after getting an error, since it is likely that one of the
-    /// changesets it was unable to read changed the derivation indices of the tracker.
+    /// changesets was unable to read changes of the derivation indices of a keychain.
     ///
     /// **WARNING**: This method changes the write position of the underlying file. The next
     /// changeset will be written over the erroring entry (or the end of the file if none existed).
@@ -240,9 +239,6 @@ mod test {
 
     type TestChangeSet = BTreeSet<String>;
 
-    #[derive(Debug)]
-    struct TestTracker;
-
     /// Check behavior of [`Store::create_new`] and [`Store::open`].
     #[test]
     fn construct_store() {
diff --git a/crates/persist/Cargo.toml b/crates/persist/Cargo.toml
new file mode 100644
index 0000000000..257ab54504
--- /dev/null
+++ b/crates/persist/Cargo.toml
@@ -0,0 +1,19 @@
+[package]
+name = "bdk_persist"
+homepage = "https://bitcoindevkit.org"
+version = "0.1.0"
+repository = "https://github.com/bitcoindevkit/bdk"
+documentation = "https://docs.rs/bdk_persist"
+description = "Types that define data persistence of a BDK wallet"
+keywords = ["bitcoin", "wallet", "persistence", "database"]
+readme = "README.md"
+license = "MIT OR Apache-2.0"
+authors = ["Bitcoin Dev Kit Developers"]
+edition = "2021"
+rust-version = "1.63"
+
+[dependencies]
+anyhow = { version = "1", default-features = false }
+bdk_chain = { path = "../chain", version = "0.12.0", default-features = false }
+
+
diff --git a/crates/persist/README.md b/crates/persist/README.md
new file mode 100644
index 0000000000..1ed6ec8d27
--- /dev/null
+++ b/crates/persist/README.md
@@ -0,0 +1,3 @@
+# BDK Persist
+
+This crate is home to the [`PersistBackend`](crate::PersistBackend) trait which defines the behavior of a database to perform the task of persisting changes made to BDK data structures. The [`Persist`](crate::Persist) type provides a convenient wrapper around a `PersistBackend` that allows staging changes before committing them.
\ No newline at end of file
diff --git a/crates/persist/src/lib.rs b/crates/persist/src/lib.rs
new file mode 100644
index 0000000000..e055f2a44e
--- /dev/null
+++ b/crates/persist/src/lib.rs
@@ -0,0 +1,5 @@
+#![doc = include_str!("../README.md")]
+#![no_std]
+#![warn(missing_docs)]
+mod persist;
+pub use persist::*;
diff --git a/crates/chain/src/persist.rs b/crates/persist/src/persist.rs
similarity index 98%
rename from crates/chain/src/persist.rs
rename to crates/persist/src/persist.rs
index 64efa55b4d..5d9df3bf6d 100644
--- a/crates/chain/src/persist.rs
+++ b/crates/persist/src/persist.rs
@@ -1,5 +1,6 @@
-use crate::Append;
+extern crate alloc;
 use alloc::boxed::Box;
+use bdk_chain::Append;
 use core::fmt;
 
 /// `Persist` wraps a [`PersistBackend`] to create a convenient staging area for changes (`C`)
diff --git a/example-crates/example_cli/Cargo.toml b/example-crates/example_cli/Cargo.toml
index c85d2e9963..42a0b51b09 100644
--- a/example-crates/example_cli/Cargo.toml
+++ b/example-crates/example_cli/Cargo.toml
@@ -7,6 +7,7 @@ edition = "2021"
 
 [dependencies]
 bdk_chain = { path = "../../crates/chain", features = ["serde", "miniscript"]}
+bdk_persist = { path = "../../crates/persist" }
 bdk_file_store = { path = "../../crates/file_store" }
 bdk_tmp_plan = { path = "../../nursery/tmp_plan" }
 bdk_coin_select = { path = "../../nursery/coin_select" }
diff --git a/example-crates/example_cli/src/lib.rs b/example-crates/example_cli/src/lib.rs
index e7c4efece2..5671a6b824 100644
--- a/example-crates/example_cli/src/lib.rs
+++ b/example-crates/example_cli/src/lib.rs
@@ -19,9 +19,10 @@ use bdk_chain::{
         descriptor::{DescriptorSecretKey, KeyMap},
         Descriptor, DescriptorPublicKey,
     },
-    Anchor, Append, ChainOracle, DescriptorExt, FullTxOut, Persist, PersistBackend,
+    Anchor, Append, ChainOracle, DescriptorExt, FullTxOut,
 };
 pub use bdk_file_store;
+use bdk_persist::{Persist, PersistBackend};
 pub use clap;
 
 use clap::{Parser, Subcommand};