Solv Protocol Sets New Historical Record for Bitcoin Net Inflows on BNB Chain
Publication Time:2024-07-29 11:08:07
According to the latest data, the decentralized Bitcoin reserve protocol Solv Protocol achieved an unprecedented net inflow of Bitcoin on the BNB Chain over the past month, totaling 5,375 BTC. This accomplishment not only highlights Solv Protocol's robust capability in providing Bitcoin liquidity but also signifies its continuous growth and increasing influence within the blockchain domain. Solv Protocol has opened SolvBTC redemption services across multiple chains including Ethereum, BNBChain, Merlin, Arbitrum, further expanding its global reach in the cryptocurrency market. Currently, Solv Protocol's total locked assets exceed $1.4 billion, with a Bitcoin volume surpassing 19,000, making it one of the largest decentralized Bitcoin liquidity hubs, surpassing the holdings of several public chains and some BTC ETFs.
BNB Chain
historical record
Solv Protocol
Bitcoin Net Inflows
Decentralized Liquidity