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Solv Protocol
Solv Protocol is a decentralized finance (DeFi) platform that unlocks the financial potential of Bitcoin. It provides yield-bearing assets, such as its flagship product SolvBTC, to turn idle BTC into a productive asset across various blockchains and financial ecosystems (DeFi, CeFi, TradFi). The protocol aims to provide institutional-grade liquidity and high-yield opportunities for Bitcoin holders through its core infrastructure, the Staking Abstraction Layer (SAL).
Distributed
Description
Solv Protocol is a decentralized finance (DeFi) platform designed to address the underutilization of Bitcoin by creating a native yield market for the asset. It tackles challenges like the lack of native yield and fragmented liquidity by turning idle BTC into active, productive capital. The protocol's core offerings include SolvBTC, a 1:1 backed, yield-bearing Bitcoin token for interoperability across multiple chains, and xSolvBTC, a liquid token for earning staking rewards. It also features Solv Vaults and Liquid Staking Tokens (LSTs) for diverse yield strategies. A key innovation is the Staking Abstraction Layer (SAL), a core infrastructure that unifies and simplifies the complex Bitcoin staking process across various ecosystems. Governed by the Solv DAO via the $SOLV token, the platform prioritizes security with features like Solv Guard, regular smart contract audits, and a transparent reserve system, aiming to seamlessly integrate Bitcoin into DeFi, CeFi, and TradFi.Grant Funding
VC Funding
ARB
2020
2021
2023
2025
$88K
$26M