SolvBTC's total market value exceeds 1 billion USD, and more than 20 DeFi protocols and public chains have announced acceptance of SolvBTC

2024-05-31 18:00:31
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ChainCatcher news, according to official information, BTC on different chains can be converted into the multi-chain yield token SolvBTC through the Solv Protocol. Currently, the total market capitalization of SolvBTC has exceeded 1 billion USD (over 15,000 Bitcoins). In the past two weeks, more than 20 DeFi protocols and public chains have announced acceptance of SolvBTC, including the public chains Linea and zklink Nova, which are currently conducting mining activities, both of which have announced that SolvBTC will be added to their whitelist of assets for incentive activities. Users can cross-chain SolvBTC to Linea or zklink Nova to earn reward points. SolvBTC has become one of the Bitcoin assets with the highest consensus in the BTCFi ecosystem, aside from BTC, WBTC, and BTCB.

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