According to Foresight News, Solv Protocol and Merlin Chain announced a partnership at the Hong Kong Web3 event, with the goal of making SolvBTC an important entry point for Merlin Chain PoS staking. The cooperation between the two parties aims to provide users with safe and efficient staking services and further promote the decentralization and security of the Merlin network.

According to official data, 2000 M-BTC has participated in the staking of SolvBTC. Solv Protocol's Bitcoin asset management volume has exceeded 2750 BTC, and the TVL has exceeded 260 million US dollars.