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Description

Solv Protocol is a decentralized Bitcoin financial platform that transforms idle Bitcoin into a yield-generating asset. While Bitcoin’s strength lies in its security and scarcity, its use in financial applications has been limited until recently. Solv empowers Bitcoin holders with new opportunities, connecting Bitcoin to decentralized finance (DeFi), centralized finance (CeFi), and traditional finance through lending, staking, yield generation, and fund management. Instead of simply holding BTC and waiting for price appreciation, Solv lets you put your Bitcoin to work across more than 15 blockchain networks simultaneously.

The core problem Solv solves is fragmentation. Bitcoin liquidity is scattered across Layer 1 blockchains, Ethereum Layer 2 networks, and Bitcoin Layer 2 networks, making capital deployment inefficient. In traditional DeFi, user funds are often locked in single protocols, making it hard to trade or reallocate yield-generating positions. Solv creates standardized, blockchain-native financial instruments that are liquid and tradable, allowing users and institutions to access sophisticated yield opportunities with greater flexibility and capital efficiency.

The platform achieves this through its flagship product, SolvBTC. SolvBTC unifies Bitcoin liquidity across multiple chains by acting as a universal Bitcoin reserve for DeFi, enabling users to move assets across blockchain ecosystems. When you deposit BTC into Solv, you receive SolvBTC, a token backed 1:1 by real Bitcoin that you can deploy across DeFi protocols while your underlying Bitcoin remains secure. Think of SolvBTC as a keycard that unlocks dozens of DeFi doors while your Bitcoin stays in the vault.

The Staking Abstraction Layer (SAL) is a key part of Solv Protocol, allowing users to access yield-generating options on different blockchains while holding a liquid representation of their BTC as SolvBTC. SAL coordinates BTC staking from LST issuance to yield distribution, introducing Staking Guardians to create a transparent, secure, and efficient Bitcoin staking architecture. It aggregates multiple yield streams including restaking yields, validator rewards, trading strategies, and DeFi yields, all accessible through a single platform.

Solv operates on over 15 blockchains, including Ethereum, BNB Chain, Berachain, and Avalanche, and integrates with more than 50 DeFi protocols like Uniswap, Morpho, and Pendle. This means you can lend Bitcoin for interest, provide liquidity to earn trading fees, or use Bitcoin as collateral to mint stablecoins, all without selling your BTC position.

Founded in 2020, Solv Protocol started as a decentralized marketplace for minting and trading NFTs that represent financial ownership, also known as “vouchers.” The early vision focused on solving the lack of flexible tools for expressing complex financial contracts in DeFi. Shortly after founding, the project received $1 million in funding from Spartan Group, IOSG Ventures, and Hashed, among others. From those early roots, the protocol evolved significantly.

On August 30, 2021, Solv raised $4 million co-led by Blockchain Capital, Sfermion, and Gumi Cryptos Capital. On August 1, 2023, it raised $6 million led by Laser Digital, Nomura Securities’ investment arm, alongside UOB Venture Management, Mirana Ventures, Matrix Partners China, and others. Then on October 14, 2024, it raised an additional $11 million with participation from Laser Digital, Blockchain Capital, and OKX Ventures. The pivot to Bitcoin yield infrastructure and the launch of SolvBTC marked Solv’s transformation into a platform with real institutional traction.

Over three rounds, Solv Protocol raised $29 million from prominent investors including Binance Labs, Blockchain Capital, Laser Digital, Matrix Partners China, and OKX Ventures. Binance Labs backing is particularly significant. As the third project launched on Binance Megadrop, Solv Protocol stands out with its innovative solutions for Bitcoin staking. That Megadrop listing brought Solv to a massive new audience and validated the platform’s approach in a highly competitive space.

Proof of Reserves ensures that every SolvBTC token is backed by real Bitcoin. Regular audits by Quantstamp, Certik, and SlowMist ensure that Solv Protocol meets the highest security standards. These audit firms represent the gold standard in smart contract security, and their involvement signals that Solv is serious about protecting user funds.

The SOLV token is the native asset of the entire ecosystem. The SOLV token powers governance, staking incentives, and fee discounts within the protocol, aligning community interests with its development. If you hold SOLV and stake it, you earn a voice in protocol decisions and pay lower fees on the platform. The maximum token supply of SOLV stands at 9.66 billion tokens, which is dynamic and potentially increasing through DAO governance under the Bitcoin Reserve Fundraising Program. Token allocation covers exchanges, community airdrops, team and advisors, community rewards, ecosystem development, business development, and private investors, spreading ownership broadly across the stakeholder base.

SOLV tokens are accessible on centralized cryptocurrency exchanges for standard spot purchases. If you want to buy or sell a large amount, acquire locked tokens, or trade SAFT notes, Acquire.Fi’s OTC and Secondaries Marketplace is the right venue.

To buy SOLV tokens OTC, you have two options. You can browse existing listings on Acquire.Fi and engage directly with sellers who match your requirements. Or you can submit a new Buy listing specifying your preferred valuation and token amount, and let sellers come to you.

To sell SOLV tokens OTC, the process works the same way in reverse. If you hold SOLV and want to exit your position, you can engage with existing buy-side listings on the marketplace or submit a new Sell listing with your target price and token quantity.

Once you submit, Acquire.Fi handles the next steps. The team conducts background checks on counterparties, sends NDAs, and introduces buyers and sellers to each other. Buyer and seller are responsible for their own due diligence and payment settlement. Acquire.Fi is not a broker-dealer, but the team will assist wherever possible to make sure the deal closes.

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