Solv Protocol has reached a significant milestone by surpassing $1 billion in Total Value Locked (TVL), establishing itself as the 32nd largest DeFi protocol. The founder, Ryan, highlighted the strong demand for Solv's products, particularly SolvBTC, which offers Bitcoin holders high-quality returns. SolvBTC, a liquid yield token, bridges CeFi and DeFi yields, boosting liquidity across different networks like Arbitrum, BNB Chain, and Merlin Chain
The protocol's multi-chain integration enables users to farm points in new chains, such as the 1.5x multiplier in zkLinkNova's program. Solv also introduced a Point System for token airdrops. Additionally, Solv Protocol has notable investors like Binance Labs, underwent security audits, and aims to drive innovation and opportunities for the DeFi and Bitcoin communities.https://www.hackread.com/solv-protocol-1-billion-tvl-32-defi-player/