The $SOLV token is the native utility token of Solv Protocol, a decentralized finance (DeFi) platform designed to bridge Bitcoin liquidity with the broader DeFi ecosystem. Launched on January 17, 2025, SOLV plays a pivotal role in the protocol's operations and governance.
๐ Key Token Metrics (as of May 28, 2025)
Current Price: ~$0.0436 USD
24h Trading Volume: ~$18.76 million
Market Cap: ~$64.63 million
Circulating Supply: ~1.48 billion SOLV
Max Supply: 9.66 billion SOLV
All-Time High: $0.0876 (Jan 22, 2025)
All-Time Low: $0.0217 (Apr 9, 2025)
๐ ๏ธ Utility & Ecosystem Role
SOLV serves multiple functions within the Solv Protocol ecosystem:
Governance: Token holders can participate in decision-making processes, influencing the protocol's development and future direction.
Transaction Fees: Used to pay for transaction fees and other services within the ecosystem.
Incentives: Rewards for liquidity providers and participants in various protocol activities.
Access: Grants access to exclusive features and services within the Solv ecosystem.
๐ Tokenomics & Distribution
The SOLV token distribution is structured to support the protocol's growth and community engagement:
Private Sale Investors: 25.1%
Community Rewards & DAO Treasury: 15.7%
Team & Advisors: 11.3%
Community Airdrop: 7.39%
Ecosystem Development: 7.08%
Binance Megadrop: 6.09%
Business Development: 3.48%
Liquidity: 2.58%
Vesting Voucher Holders: 0.87%
The total genesis supply is 8.4 billion SOLV, with the potential to increase via network governance for initiatives like the Bitcoin Reserve Offering.
๐ Trading & Availability
SOLV tokens are available for trading on several centralized exchanges, including:
Binance: SOLV/USDT pair
Bybit
Gate.io
MEXC
Bitget
BingX
PancakeSwap: For decentralized trading on the BNB Smart Chain
๐ SolvBTC: Bridging Bitcoin to DeFi
Solv Protocol also introduces SolvBTC, a universal Bitcoin reserve token backed 1:1 by BTC. SolvBTC aims to unlock idle Bitcoin and integrate it into the DeFi ecosystem, providing holders with seamless access to cross-chain DeFi opportunities and yield generation.