Data: Solv Protocol Protocol Fees Rank 28th on DefiLlama in the Past 24 Hours

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September 20, 2024
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Solv Protocol Generates Over $90,000 in Fees, Surpasses Base and Curve

According to Foresight News, DefiLlama data reveals that Solv Protocol generated over $90,000 in protocol fees in the past 24 hours, ranking 28th on DefiLlama, exceeding both Base (approximately $70,000) and Curve (approximately $6.9 million) during the same period. As of now, Solv Protocol's TVL has reached $1.4 billion, making it the protocol with the highest TVL in the Bitcoin Finance (BTCFi) ecosystem.

Solv Protocol is a Bitcoin staking platform deployed on multiple chains, including Bitcoin mainnet, Ethereum, BNB Chain, Arbitrum, Base, Mantle, Merlin, and Avalanche. It integrates over 20 public chains and DeFi protocols, including Mezo, Fuel, Core, and Pendle. Users can leverage Solv to access cross-chain Bitcoin liquidity and yield opportunities, participating in various Bitcoin staking activities, such as the SolvBTC.BBN (Babylon LST) jointly launched by Solv and Babylon.

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