Do you believe in the future of BTCFi? Choose Solv!
Solv recently announced its highly anticipated TGE (Token Generation Event) and the launch of its native token $SOLV. For a high-profile project like Solv, top centralized exchanges (CEX) are usually prioritized as the platform for token listing. However, this time Solv chose Hyperliquid as the main platform for its token release.
Solv is the first project to invest six figures on Hyperliquid, with an initial bid of $128,345.67. Now, this auction price has skyrocketed to $500,000, and even peaked at $1.5 million. Solv raised $25 million from top investors and strategically chose Hyperliquid as the launch platform for $SOLV. As the first high-profile project on Hyperliquid, Solv not only gained a first-mover advantage but also successfully launched its flagship product SolvBTC on the upcoming Hyperliquid L1 network.
Currently, Solv holds over 25,000 BTC in reserves, making it the largest decentralized Bitcoin reserve globally, supported by its innovative product SolvBTC. Through its Staking Abstraction Layer, Solv provides a unified framework that supports seamless interoperability across more than 15 blockchains, laying the groundwork for deep integration with the Hyperliquid ecosystem in the future.
With SolvBTC, Bitcoin holders can achieve up to 20% annualized returns through innovative strategies.
As a pioneer of yield-bearing Bitcoin, Solv has introduced SolvBTC into emerging ecosystems such as Base, Sonic, and Berachain through its Staking Abstraction Layer. Hyperliquid will be the next target for Solv, providing Bitcoin holders with a new platform to unlock the full potential of Bitcoin.