SolvBTC.AVAX Reaches $20M TVL Milestone
SolvBTC.AVAX Reaches $20M TVL Milestone
🚀 BTC Yields Hit New Heights
SolvBTC.AVAX has achieved a significant milestone by surpassing $20M in Total Value Locked (TVL), indicating growing momentum on the Avalanche network.
Key highlights:
- Access to tokenized RWA-backed yields from Blackrock BUIDL fund
- Integration with Hamilton Lane SCOPE
- Follows 60% TVL growth on SolvBTC.BNB platform
Users can now put their BTC to work through the platform at Solv Finance.
This development demonstrates increasing adoption of Bitcoin yield opportunities across multiple chains.
Solv Launches $vSOLV Campaign with Pendle Partnership
Solv Protocol has launched a **$vSOLV rewards campaign** in partnership with Pendle, offering two ways for traders to earn rewards. **PT/YT Fees Rebate Program:** - Buy and hold PT or YT tokens for 7 days - $20K weekly budget available - Earn **2x trading fee rebate** in $vSOLV tokens - First-come, first-served distribution **Trading Volume Competition:** - $10K weekly prize pool - Top 5 fee generators split $2K each in $vSOLV - Must generate minimum $1K in fees to qualify **Double Rewards Opportunity:** Trades on Pendle can count for both programs simultaneously, maximizing $vSOLV earnings. **Timeline:** - First batch launches September 26 - Week 1 rewards distributed by end of Week 2 - Claims available through [Solv Foundation site](https://solv.foundation/) The campaign aims to reduce trading costs, incentivize larger positions, and reward active traders. [Learn more about $vSOLV rewards](https://insights.solv.finance/unlock-solvs-future-rewards-with-vsolv/)
Solv Protocol Enables BTC-Backed Payments at 20M+ Merchants
Solv Protocol has partnered with AEON to enable Bitcoin-native payments in everyday commerce. Users can now spend SolvBTC, xSolvBTC, and SOLV at over 20M merchants across Southeast Asia and Nigeria, with LATAM expansion planned. Key features: - Integration via AEON Pay Telegram Mini App - Compatible with Bitget, TokenPocket, KuCoin, and Bybit wallets - AI-powered crypto-fiat settlement - No stablecoin or CEX requirements The service is accessible through the [AEON Pay Telegram Mini App](https://t.me/AEON_Pay_bot). Users simply connect their wallet and can pay with Solv assets directly. This follows recent integrations with Chainlink CCIP and AlchemyPay's fiat on-ramp supporting 50+ currencies.
Solv Protocol Launches Global Fiat On-Ramp with AlchemyPay
Solv Protocol has integrated AlchemyPay to enable direct purchase of Solv ecosystem assets using fiat currencies. Key features: - Available in 173+ countries - Supports 50+ fiat currencies - 300+ payment channels including Visa, Mastercard, Apple Pay, Google Pay - Local bank transfers and mobile wallet options - Direct access to SolvBTC & xSolvBTC assets The integration aims to simplify DeFi access globally, allowing users from LATAM, SEA, MENA regions to interact with Solv's Bitcoin-native financial products using local payment methods. Access the fiat on-ramp: [AlchemyPay Ramp](https://ramp.alchemypay.org) Learn more: [Solv Finance](https://solv.finance/)
White House Report Recognizes Chainlink CCIP as Critical Infrastructure
The White House's Digital Assets Report (EO14178) has acknowledged Chainlink's Cross-Chain Interoperability Protocol (CCIP) as essential infrastructure for digital assets, stablecoins, and tokenized funds. Solv Protocol is leveraging CCIP for their cross-chain Bitcoin Finance products, alongside Chainlink's Proof of Reserve for asset verification. - Integration enables secure cross-chain operations - Provides transparent backing of Bitcoin Finance assets - Supports expansion across 57+ chains - Manages $19B+ in Solana ecosystem [Read the full report](https://www.whitehouse.gov/wp-content/uploads/2025/07/Digital-Assets-Report-EO14178.pdf)