Solv Protocol Reaches $3.​4M in BTC Deposits on Solana with Double-Digit APY Yields

Bitget has published a comprehensive guide recognizing SolvBTC as a notable development in Bitcoin DeFi. The protocol enables Bitcoin holders to generate yield from their BTC while maintaining custody and price exposure. **Key Features:** - Converts idle BTC into yield-bearing, liquid capital - Users retain full custody of their Bitcoin - Maintains exposure to BTC price movements - No need to sell or transfer Bitcoin ownership **How It Works:** SolvBTC allows users to put their Bitcoin to work in decentralized finance applications without the traditional trade-offs of giving up control or missing out on potential price appreciation. The guide from Bitget Academy provides detailed information on the protocol's mechanics and use cases in the evolving Bitcoin DeFi ecosystem. [Read the full guide](https://www.bitget.com/amp/academy/solv-protocol-btc)

Solv Protocol has announced a partnership with Coinbase and Apex Group to make programmable Bitcoin yields on Base more competitive. **Key developments:** - The collaboration aims to strengthen Solv's position in the programmable Bitcoin yield sector - Integration with Base network enhances accessibility for users - Solv emphasizes its Bitcoin yield products are fully-backed and straightforward - The protocol continues development regardless of market conditions Solv Protocol specializes in creating programmable yield solutions for Bitcoin, allowing users to earn returns while maintaining exposure to BTC. The partnership with established players like Coinbase and Apex Group signals growing institutional interest in decentralized Bitcoin yield products. More details: [Solv Protocol](https://solv.finance/home)

Solv Protocol continues its collaboration with BNB Chain, positioning itself as a key contributor to the chain's BTCFi and DeFi ecosystem. **Key Points:** - Solv Protocol maintains its role as a BTCFi infrastructure provider on BNB Chain - The partnership focuses on enhancing DeFi tokenomics through Bitcoin-based financial products - Solv's solvBTC product serves as a bridge for Bitcoin liquidity on BNB Chain The announcement reinforces Solv's ongoing commitment to building Bitcoin financial infrastructure across multiple blockchain networks, with BNB Chain being a strategic partner in this expansion.

Solv Protocol has reinforced its commitment to transparency by launching a **real-time dashboard** for monitoring the largest on-chain BTC reserve. The platform provides continuous oversight and verification of Bitcoin holdings. **Key Features:** - Real-time Proof-of-Reserves tracking - Cross-chain BTC visibility - Institutional-grade data standards - Compliance-friendly attestation formats This follows the release of their February Fund Fact Sheet for BTC+, demonstrating ongoing efforts to provide periodic performance reports and transparency metrics. The dashboard is designed to serve both institutional investors requiring verifiable custody data and everyday users seeking clear visibility into Bitcoin reserves across multiple chains. View the transparency dashboard: [solv.finance/solvbtc-transparency](https://solv.finance/solvbtc-transparency)

Solv Protocol, which operates the largest onchain Bitcoin reserve, has completed a security audit with Offside Labs. The platform has been systematically strengthening its smart contract infrastructure to support secure scaling of operations. **Key Points:** - Audit conducted by Offside Labs for backend smart contracts - Focus on secure and reliable business scaling - Part of ongoing security reinforcement efforts Solv previously worked with Zenith256, a firm that has audited major DeFi protocols including GMX, Jupiter, 1Inch, and Ethena. The protocol specializes in Financial NFTs, with products like Vesting Vouchers that unlock liquidity for locked tokens. Learn more at [solv.finance](https://solv.finance/home)