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Solv Protocol TVL exceeds $800 million, with weekly growth of over 60%

CointimeCointime2024/05/10 06:25
By:Cointime

On May 10th, Solv Protocol, a full-chain yield and liquidity layer protocol, became one of the fastest-growing protocols on the BNB chain in the past week. Currently, Solv has attracted over 2,000 staked Bitcoins on the BNB chain, ranking seventh in total locked positions. SolvBTC is a unified Bitcoin launched by the Solv protocol and has been listed on BNB Chain, Arbitrum, and Merlin Chain, with a total TVL of over 800 million US dollars.

Solv Protocol's investors include well-known institutions such as Binance Labs, Blockchain Capital, and Nomura Securities. In addition, Solv is conducting a points activity to provide users with additional points rewards.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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