#Bitcoin is the first cryptocurrency in the world and remains the most well-known and valuable. But despite its strength, it has a major problem: it cannot be easily used in DeFi, this ecosystem of open financial applications without intermediaries. Solv Protocol offers an innovative solution to this problem: SolvBTC, a 'wrapped' Bitcoin that can circulate across multiple blockchains and generate income for its holders.
THE PROBLEM WITH BITCOINS IN DEFI
Bitcoin operates on its own #blockchain, which is different from that of Ethereum or other DeFi-compatible networks. This means that you cannot directly use #BTC on most DeFi applications.
To circumvent this, wrapped BTC (wrapped BTC) have been created, like #WBTC, which are digital copies of BTC that can be used elsewhere.
But here too, there is a problem: there are several types of wrapped BTC (WBTC, #BTCB, tBTC, cbBTC, etc.), each on a different blockchain. The result? Liquidity is dispersed, and users have to juggle between several versions.
THE SOLVBTC APPROACH: CONSOLIDATE ALL BTC INTO ONE
SolvBTC was created to solve this problem. It is a unified wrapped BTC designed to consolidate all existing versions.
To obtain SolvBTC, the user can deposit one of the wrapped BTC (such as WBTC, cbBTC, tBTC, or FBTC) into the Solv Protocol application. In return, they receive SolvBTC, usable across multiple blockchains.
This system simplifies life for users as well as for developers and DeFi platforms, as everyone can rely on a single stable and recognized asset.
A BTC USABLE ON MULTIPLE BLOCKCHAINS
One of the major advantages of SolvBTC is its multi-chain compatibility. Thanks to Chainlink's CCIP (Cross-Chain Interoperability Protocol) technology, SolvBTC can circulate between different blockchains:
Ethereum, BNB Chain, Avalanche, Arbitrum, Base, Mantle, Merlin, and others.
This means that a user can send, receive, or use their SolvBTC across all these networks without having to go through complicated bridge platforms.
It's simpler, faster, and safer.
MAKE YOUR BTC WORK: LIQUID STAKING TOKENS (LST)
Another important innovation of SolvBTC is the ability to grow your BTC using Liquid Staking Tokens (LST).
Usually, when you stake (lock) cryptocurrencies to generate a yield, you can no longer use them.
But with LSTs, you can stake your SolvBTC while keeping a liquid version that you can sell or use elsewhere.
Solv Protocol has formed partnerships with several platforms to offer various yields:
Babylon: secures other blockchains using BTC.
Ethena: combines decentralized finance and traditional finance to generate yield.
Berachain: a project in the launch phase that rewards early participants.
Jumper #DEX: allows you to take advantage of trading without taking too much risk thanks to a delta-neutral strategy.
Core Network: offers to stake BTC to obtain CORE tokens.
NUMBERS THAT SPEAK
In February 2025, more than 15,000 SolvBTC had already been created, with a total value of over 1.3 billion dollars.
Even though this figure is still far from that of WBTC (the largest wrapped BTC), it shows that the idea of unifying BTC liquidity is starting to attract more and more users.
CONCLUSION: WHY IT'S A TRUE REVOLUTION
SolvBTC is not just a copy of Bitcoin on another blockchain.
It's an improved version designed to make BTC more useful, more liquid, and more profitable.
It allows its holders to:
Consolidate all their versions of BTC into a single token.
Use their BTC across multiple networks.
Generate yields while keeping their liquidity.
In summary, SolvBTC modernizes Bitcoin to make it compatible with the finance of tomorrow.
If you own BTC and want to use it more intelligently, SolvBTC is a solution to consider seriously.