@Solv Protocol The BTC+ vault launched on August 1 has quickly become the focal product in the Bitcoin financialization space. As the first institutional-grade Bitcoin yield tool that integrates CeFi, DeFi, and TradFi yield strategies, BTC+ has attracted significant capital inflow with a base annualized yield of 5-6% and a $100,000 $SOLV reward pool. Below are the key data and market feedback from its first week performance:

1. Capital Inflow and TVL Growth #BTCUnbound

In just 7 days since its launch, BTC+ has surpassed $250 million in Total Locked Value (TVL), with approximately 65% of the funds coming from institutional investors, including corporate treasuries, family offices, and crypto funds. This figure far exceeds similar DeFi Bitcoin yield products (such as WBTC staking protocols), highlighting the market's demand for compliant structured products.

2. Yield Performance and Strategy Allocation

• Stable Base Yield: The actual annualized yield in the first week reached 5.2%, surpassing similar CeFi products (such as Binance Earn's 3.5%). The sources of yield include on-chain lending (35%), BlackRock BUIDL fund (25%), basis arbitrage (20%), and liquidity mining (20%).

• Time-Weighted Reward Mechanism Activated: Over 40% of users chose a lock-up period of more than 90 days to maximize Reward Power shares, with the first month's reward pool distribution expected to reach $35,000 $SOLV.

3. Institutional-Level Compliance and Security Verification

• Chainlink Proof of Reserve (PoR): Daily on-chain audits ensure asset transparency, with no custody risk events reported.

• Binance Endorsement Effect: As the sole BTC yield manager for Binance Earn, Solv has passed the exchange's KYC, AML, and capital efficiency reviews, further enhancing market trust.

4. Market Feedback and Competitive Positioning

• User Profile: 70% are long-term holders (HODLers), and 30% are institutional arbitrage funds, reflecting BTC+'s success in attracting 'sleeping Bitcoin' holders.

• Industry Comparison: Compared to traditional Bitcoin staking (such as WBTC, with yields around 2-3%), BTC+'s multi-strategy portfolio and RWA yield stream provide a more robust return structure.

Conclusion

BTC+'s first-week performance validates Solv Protocol's innovative strength in the Bitcoin financialization domain. With more institutional capital entering, its TVL is expected to surpass $500 million in the short term, further promoting the transformation of Bitcoin from a 'store of value' to 'yield-generating capital'.$SOLV