Solv Protocol Generates Over $90,000 in Fees in 24 Hours, Ranks 28th on DefiLlama

According to Foresight News, data from DefiLlama reveals that Solv Protocol generated over $90,000 in protocol fees within the past 24 hours, securing the 28th position on DefiLlama's rankings. This performance surpasses that of Base, which generated approximately $70,000, and Curve, which generated around $69,000 during the same period. Currently, Solv Protocol's Total Value Locked (TVL) has reached $1.4 billion, making it the highest TVL protocol within the Bitcoin Financial (BTCFi) ecosystem. Solv Protocol is a Bitcoin staking platform that has been deployed across multiple chains, including Bitcoin mainnet, Ethereum, BNB Chain, Arbitrum, Base, Mantle, Merlin, and Avalanche. It has integrated with over 20 public chains and DeFi protocols, such as Mezo, Fuel, Core, and Pendle. Users can leverage Solv to access cross-chain Bitcoin liquidity and yield opportunities, participating in various Bitcoin staking activities. One notable initiative is the SolvBTC.BBN (Babylon LST), a joint venture between Solv and Babylon.