S

Solv Protocol

SOLV
RootData List 2024

Bitcoin reserve and yield layer

Performances

RD Popularity Index

4727.69% (24h)
0100200300400500
Project Rank: 358/15432

RD Growth Index

6910.94% (24h)
0400800120016002000
Project Rank: 210/15432
Comparison:
1h24h7d30d60d90d
1.42%1.53%5.61%2.28%79.62%34.95%

Revenue & Burn

Protocol income

$727.17K

Buyback funds

$0

Burn funds

--

Buyback ratio

0.0%

Protocol funds over time

Monthly amounts & ratios

PeriodProtocol incomeBuyback fundsBurn fundsBuyback ratio
Oct 2026$727.17K$0--0.0%
Sep 2026$1.22M$0--0.0%
Aug 2026$1.09M$0--0.0%
Jul 2026$968.8K$0--0.0%
Jun 2026$965.24K$0--0.0%
May 2026$1.27M$0--0.0%

Comparison

Event Calendar

Mar 9, 2021
Solv Protocol raised $ 1 M in Seed round
Jun 17, 2021
Solv Protocol launches on the mainnet
Dec 1, 2021
Solv Protocol raised $ 4 M in funding round
Jan 27, 2022
Solv Protocol completed a strategic financing
Mar 21, 2023
Solv Protocol launched V3 on mainnet
Aug 1, 2023
Solv Protocol raised $ 6 M in funding round
Oct 14, 2024
Solv Protocol raised $ 11 M in strategic financing
Jan 17, 2025
Solv Protocol launches SOLV token

Fundraising

Tokenomics

Unlock Progress

Unlocked5B SOLV(58.47%)
Locked4B SOLV(41.52%)

Unlock Event

DateUnlocked Token AmountUnlocked M.CapM.Cap (%)Allocation
Nov 17, 2026189.98M SOLV$814.82K3.32%5 Allocation
Dec 17, 2026189.98M SOLV$814.82K3.32%5 Allocation
Jan 17, 2027378.95M SOLV$1.62M6.63%6 Allocation

Top Holders

AddressTokenQuantityPercentageValue
0x48d2...c554SOLV116,207,716.551.2%$498.4K
0x0bd8...f4ebSOLV71,918,173.780.74%$308.44K
0x6888...c620SOLV70,822,014.620.73%$303.74K

Open Markets

#ExchangePairPrice+2% depth-2% depthVolume (24h)volume %
1SOLV/KRW$0.01479$10,484$3,511$29,3370.60%

Follow Updates

Follow Lists

People

About Solv Protocol

Solv Protocol is a decentralized bitcoin staking protocol that aims to make BTC productive across DeFi. Its core business revolves around SolvBTC, a 1:1 bitcoin-backed reserve token, and a Staking Abstraction Layer (SAL) that standardizes access to multiple staking and yield strategies. The main market pain point it addresses is the idle nature of bitcoin: holders lack a safe, standardized way to earn yield without trusting centralized intermediaries or navigating complex cross-chain processes. Solv's competitive edge lies in its dual-layer architecture separating reserve custody from yield execution, using FROST threshold signatures for bitcoin mainnet custody and Chainlink Proof of Reserve for 24/7 verifiable solvency. This design aims to reduce single points of failure while maintaining composability. In the past six months (2026-03-01 to 2026-09-01), Solv experienced a notable security incident in March 2026: a vulnerability in a single BRO vault was exploited, resulting in a loss of approximately $2.7 million affecting fewer than 10 users, which was fully reimbursed. In May 2026, Solv integrated Chainlink's real-time collateral verification into SolvBTC pricing to enhance transparency. In July 2026, it upgraded SolvBTC to use FROST2 threshold signatures, improving execution privacy and governance mechanisms for institutional-grade operations. However, a 2025 public dispute regarding reserve accounting practices remains unresolved, highlighting ongoing questions about auditability.

Updated: Sep 1, 2026

Solv Protocol, a decentralized Bitcoin staking protocol, has evolved through several key milestones since its founding in 2020. In October 2024, it launched the Staking Abstraction Layer (SAL) with BNB Chain, Ceffu, and Chainlink, standardizing cross-chain Bitcoin staking. The protocol issued its SOLV token and conducted an airdrop in January 2025, followed by listings on major exchanges. A significant security incident occurred in March 2025 when a vault vulnerability led to a loss of approximately 38 SolvBTC ($2.7 million), highlighting risks in trust-tolerant models. In April 2025, Binance launched BTC staking activities for Solv, boosting adoption. The protocol raised $10 million for its Bitcoin reserves, strengthening its balance sheet. A pivotal infrastructure decision came in May 2025 when Solv migrated $700 million in SolvBTC assets from LayerZero to Chainlink's CCIP, following a security review and industry-wide cross-chain attacks. This move enhanced security and interoperability. Additionally, Animoca Brands Japan partnered with Solv to promote enterprise Bitcoin adoption, expanding its institutional reach. These milestones reflect Solv's journey from a niche protocol to a major BTCFi player, emphasizing security, standardization, and institutional partnerships.

Updated: Sep 1, 2026

Solv Protocol is a decentralized Bitcoin staking protocol. Its co-founders include:

Yan Meng (Co-founder, Twitter: @myanTokenGeek) - One of the initiators and authors of the ERC-3525 token standard. He is a blockchain expert and evangelist in the Chinese-speaking community, previously served as Deputy Director of the Chinese Institute of Digital Assets and worked at IBM as a senior manager supporting the Chairman and CEO of IBM Greater China. He also led content and blockchain teams at CSDN.

Will (Co-founder, Twitter: @Will42W) - Co-founder and CTO, Chief Architect. Author of the ERC-3525 standard. With over 18 years of professional experience, he founded Beijing Unizon Technology and developed TokenPos wallet. He also served as Chief Software Architect at Nantian and is a Business Mentor Lecturer at Renmin University of China.

Ryan Chow (Co-founder, Twitter: @RyanChow_DeFi) - Co-founder. Previously founded a blockchain project integrating blockchain into the automobile industry. He worked as a financial analyst at Singularity Financial, focusing on blockchain integration and STO regulations.

Jing Xiong (Chief Brand Officer, Twitter: @bowangfi) - Currently serves as Chief Brand Officer at Solv Protocol.

Updated: Sep 1, 2026