What is the current price of Solv Protocol?
The current price of Solv Protocol is $0.00447 with a 4.10% change in the last 24 hours.
Supply and ATH/ATL data provided by CoinGecko
Hyperliquid perpetuals only. One snapshot every 5 minutes, up to 20 returned price levels per side. Liquidity beyond those levels is unknown. This is not a liquidation heatmap or a fill estimate.
Loading recorded snapshots…
Prices and notionals are USD-equivalent venue units, with USDC collateral. No currency conversion is applied. Notional = venue price × base-asset size. Contract specifications
Derivatives and mapped ecosystem data, with source timings and coverage.
Solv Protocol is a Bitcoin yield and liquidity platform. Its core idea is that most BTC sits idle and could instead back transparent, on-chain instruments that pay a return without the holder giving up liquidity or moving to a custodial product.
The centerpiece is SolvBTC, a Bitcoin-backed token that circulates across many chains and acts as the base asset for everything else Solv issues. Around it sit yield-bearing variants: xSolvBTC, which routes into Bitcoin staking through the Babylon ecosystem, a suite of SolvBTC liquid staking tokens, and BTC+, a meta-vault that allocates across several underlying strategies.
SOLV is the protocol's own token, used for governance, staking, and fee benefits. It is distinct from SolvBTC and is not a Bitcoin-backed asset.
Official sources:
Solv was founded in 2020 by Ryan Chow, Will Wang, and Meng Yan, with a first identity very different from its current one. The early team worked on tokenized financial instruments and authored EIP-3525, the semi-fungible token standard, accepted and finalized as ERC-3525, which lets a token carry both a distinct identity like an NFT and a divisible value like a fungible token.
Through 2024 the protocol pivoted decisively toward Bitcoin. The tokenized-instrument framing gave way to a Bitcoin reserve and staking platform, and the product line was rebuilt around SolvBTC. Anyone reading older material about Solv vouchers and financial NFTs is reading the earlier chapter, not the current product.
The SOLV token was distributed through the Binance Megadrop program, with participation running from January 7 to January 16, 2025 and exchange trading beginning January 17, 2025. That distribution covered 588 million SOLV, described as 7 percent of the genesis supply.
Solv separates the asset layer from the yield layer, which is the key to understanding it.
SolvBTC as the base reserve asset Users deposit Bitcoin or an accepted wrapped representation and receive SolvBTC, backed by reserves. SolvBTC is deliberately not a yield token; it is the liquid, transferable claim other products are built on, circulating across chains including Ethereum, BNB Chain, Solana, and Stellar.
The Staking Abstraction Layer The SAL routes between deposited Bitcoin and the venues that produce a return, so adding, removing, or rebalancing a yield source does not force users to migrate to a new token.
Yield-bearing variants xSolvBTC is a yield-bearing Bitcoin token powered by the Babylon ecosystem, described as fully backed one to one by Bitcoin and redeemable back into SolvBTC without a waiting period. That is the trade the design optimizes: staking exposure plus retained liquidity. SolvBTC liquid staking tokens serve similar roles against other venues.
BTC+ as a managed portfolio BTC+ is Solv's flagship Bitcoin yield vault and works as a meta-vault. Rather than committing a depositor to one strategy, it aggregates specialized sub-vaults and shifts capital between them according to performance, risk, and liquidity, rebalancing on a schedule. Allocations, fund flows, and rebalancing actions are executed and recorded on chain, so a depositor can verify where their Bitcoin sits rather than trusting a statement.
SOLV is the protocol token rather than the Bitcoin-backed asset. Documented roles are:
Solv published a genesis supply of 8.4 billion SOLV and a maximum supply of 9.66 billion. The gap is not accidental: the additional tokens are tied to the Bitcoin Reserve Offerings program, under which the protocol issues SOLV against convertible note sales to acquire Bitcoin for its own reserve. That ceiling is governed rather than immutable, described as adjustable by DAO governance, so treat 9.66 billion as the current documented figure rather than a protocol-enforced constant.
The clearest differentiator is the separation between reserve asset and yield strategy. Most Bitcoin yield products fuse the two, so changing strategy means minting a new token and forcing a migration. Solv keeps SolvBTC yield-free and lets the SAL and the vaults carry strategy risk, which makes SolvBTC easier to integrate as collateral because its accounting does not drift. BTC+ as a meta-vault is the second: diversifying across sub-vaults and rebalancing periodically is familiar in traditional asset management and unusual in on-chain Bitcoin yield, where single-venue exposure is the norm. The third, easy to overlook, is institutional posture, with published audits, a documented MiCA compliance position, and a protocol-owned Bitcoin reserve.
Security has three separable layers, and conflating them is the most common reader mistake.
Contract security covers the token and vault code. Solv publishes audits by multiple external firms and keeps a public repository of audit reports alongside its contracts, and code for SolvBTC and its Solana and Stellar deployments is public.
Reserve integrity covers whether the Bitcoin backing exists and is controlled as described. Solv documents a Bitcoin mainnet architecture including a threshold-signature arrangement, vault pools, an indexer, and external auditors, with on-chain visibility over deposits and redemptions.
Yield venue risk is the part no audit removes. Routing Bitcoin into a staking or lending venue takes on that venue's risk, including slashing conditions, bridge assumptions, and contract risk on the destination chain. BTC+ spreads this across sub-vaults rather than eliminating it.
Bitcoin is the largest asset in the industry and the least productive. Building verifiable infrastructure for putting it to work without recreating the failures of centralized yield lending is a genuinely large problem, and Solv approaches it with an unusually clean separation of concerns: a boring reserve asset, an abstraction layer for strategies, and vaults that publish where the money went. It is also a rare case of a protocol that pivoted hard and rebuilt rather than repackaged.
SOLV is listed on major centralized exchanges following its January 2025 launch and also trades on decentralized exchanges on Ethereum and BNB Chain. Availability, pairs, and supported deposit networks vary by venue and jurisdiction. Because SOLV exists on more than one chain, confirm the deposit network before sending funds.
Venues that have listed SOLV include:
Listings change over time. Verify current support with the exchange.
After purchase, SOLV can be stored:
Confirm the network and contract address before sending, and interact with vault products only through the official application.
Track Solv Protocol live price, chart, market cap, and volume in real time. Practice mock trading and demo trading for Solv Protocol on CoinRithm before using real money.
Use a crypto paper trading account to demo trade Solv Protocol with real-time prices, AI trade feedback, and trading leagues. Test strategies, learn risk management, and build confidence before trading Solv Protocol with real money.
Read the complete paper trading guideThe current price of Solv Protocol is $0.00447 with a 4.10% change in the last 24 hours.
The daily trading volume is $1,306,538 representing a 50.91% change in the past 24 hours.
The market capitalization of Solv Protocol is $25,547,959, ranking #474 globally.
The fully diluted valuation (FDV) of Solv Protocol is $43,182,822, calculated assuming the maximum supply of 9,660,000,000 SOLV is in circulation.
Circulating: 5,715,080,000. Total: 9,660,000,000. Max: 9,660,000,000.
In the last 24 hours, Solv Protocol traded between a low of $0.004201 and a high of $0.004515.
SOLV/USDTTether USDT0.00447 USDT
