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Solv protocol has a net inflow of 5,375 BTC on the BNB chain in the past month, setting a new record high
2024-07-29 02:53
Odaily News The decentralized Bitcoin reserve protocol Solv Protocol has opened SolvBTC redemption on multiple chains including Ethereum, BNB Chain, Merlin, and Arbitrum. In the past month, the platform has a net inflow of 2,467 Bitcoins, of which 5,375 Bitcoins were inflowed into the BNB chain, setting a record high. Currently, the total locked-in volume of the Solv Protocol platform has exceeded US$1.4 billion, and the number of Bitcoins has exceeded 19,000, which has exceeded the holdings of public chains such as Arbitrum and Polygon, as well as several BTC ETFs, becoming one of the largest decentralized Bitcoin liquidity centers.