- SOLV protocol launches FRAGBTC, allowing Bitcoin holders to achieve a native yield while retaining complete exposure to the growing Defi Ecosystem of Solana.
- FRAGBTC uses SOLVBTC.JUP strategy to create BTC yield locally on Solana, so that risks associated with cross-chain solutions are avoided.
SOLV protocol makes a splash in the Defi space by launching FRAGBTC, the first Bitcoin (BTC) -recovery that can generate direct yields on the Solana network. This step is part of SOLV’s efforts to breathe new life into BTC that so far only ‘parked’ is without much benefit in the portfolios of its holders.
We are proud to introduce FragbtC, @Solana’s first native yield -bearing Bitcoin!
A liquid repair BTC, powered by Solvbtc.jup, co-Gelanced with @fragmetric & @zeemsNetworkhq.
The next chapter for Bitcoin about Solana starts here 🧵👇 pic.twitter.com/k6lfaa5jzs
– SOLV Protocol (@Solvprotocol) 25 April 2025
Fragbtc and new strategies for Solana
On the other hand, FRAGBTC is not only here to beautify your crypto portfolio. With this token, users can retain full exposure to BTC, while they still earn yields through a sola -based strategy, namely SOLVBTC.JUP.
This strategy uses Jupiter Exchange and JLP pools to create local income in BTC, without trusting cross-chain solutions that are usually full of risks. Not only that, SOLV protocol also strengthens its position by becoming the first institutional guardian for the Zeus network, which demonstrates their dedication to safety and transparency.
Moreover, this step is even more interesting in combination with news from last January, when CNF reported that Bingx Launchpad would be the exclusive place for the SOLV -Token to make debut. This opens a new road for unique participation in the Defi innovation of SOLV Protocol.
Imagine that all BTC assets that can be activated in Solana, the impact on liquidity and the growth of Defi, would certainly be extraordinary.
Challenges are confronted and steps taken by SOLV protocol
At the beginning of January 2025, however, the protocol was hit by allegations of total value -locked (TVL) manipulation after reports emerged from an increase in TVL values that were considered unreasonable. Although no strong evidence has been published, this controversy has disturbed the trust of the public in the data they present.
In response, SOLV took concrete steps to restore their reputation. They carried out a thorough audit of their smart contracts through an independent security company and implemented a liquidity protection mechanism. The goal is simple: to protect users against unfair liquidation because of market volatility, while rebuilding the confidence of the community.
In March 2025, SOLV US $ 10 million raised the first launch of the Bitcoin Reserve offer (BRO). Bro combines the concept of convertible bonds with Bitcoin -based innovation, which encourages broader institutional acceptance.
The funds were allocated to develop products such as SOLVBTC and Liquid strike tokens (LST), and the Bitcoin-based defi-eco system.
Now SOLV seems to pick the rewards. At the time of writing, the SOLV -token was admitted to be strengthened 10% In the last 24 hours, trade in approximately $ 0.03492. A small comment that allows many people to reconsider the opportunities behind this one project.
