SolvBTC, a full-chain interest-bearing Bitcoin asset launched by Solv Protocol, was launched on Arbitrum, Merlin Chain and BNB Chain within two weeks. The BTC pledged on the Solv platform exceeded 8,000 BTC (about US$530 million), and the TVL exceeded US$600 million, officially becoming the top 50 DeFi protocol in terms of total TVL.
Solv Protocol's investors include Binance Labs, Blockchain Capital and Nomura Securities. In addition, Solv is conducting a double points week event on the BNB chain to provide users with additional points rewards.