TLDR
- SolvBTC secures DeFi with Chainlink Proof of Reserve & real-time BTC backing.
- Chainlink powers SolvBTC with verified reserves and live redemption pricing.
- SolvBTC launches secure 1:1 BTC feed on Ethereum, boosting DeFi transparency.
- Chainlink integration makes SolvBTC safer collateral with proof-backed security.
- Solv Protocol deploys SolvBTC feed: real-time verified BTC, stronger DeFi trust.
Solv Protocol and Chainlink have introduced the new SolvBTC-BTC Secure Exchange Rate feed on Ethereum. This strategic launch delivers enhanced collateral transparency for SolvBTC through Chainlink’s Proof of Reserve. The integration aims to improve wrapped asset security, setting a clear benchmark for DeFi transparency and real-time asset verification.
SolvBTC Launches Real-Time Verified Feed on Ethereum
Solv Protocol has deployed its SolvBTC-BTC Secure Exchange Rate feed using Chainlink’s Proof of Reserve technology on Ethereum. This feed ensures that SolvBTC maintains a 1:1 BTC backing and updates its redemption rate using live reserve data. With this system, Solv strengthens the accuracy and trustworthiness of its wrapped asset offering.
The Secure Exchange Rate feed incorporates collateral verification logic alongside upper and lower bound mechanisms. These built-in limits reduce manipulation risks and improve integration confidence for DeFi lending platforms like Aave. SolvBTC now operates with increased assurance and clear onchain proof supporting each token.
The real-time rate calculation aligns with Chainlink’s BTC-USD Price Feed, enabling stable SolvBTC-USD pricing. Lending protocols can now access reliable USD valuations for SolvBTC, streamlining underwriting and risk management. SolvBTC’s verified backing supports its use as collateral across multiple applications.
Chainlink Proof of Reserve Boosts Transparency
Chainlink’s Proof of Reserve provides cryptographic, automated verification of SolvBTC’s BTC holdings. This eliminates the need for manual audits and reduces counterparty risks. Chainlink updates the proof data onchain regularly, ensuring users interact with consistently verified information.
The integration also makes SolvBTC more robust for multichain use through Chainlink’s Cross-Chain Interoperability Protocol (CCIP). SolvBTC can now serve as collateral across networks, maintaining transparency wherever it moves. This flexibility reinforces Solv’s broader strategy to unify DeFi liquidity.
As wrapped assets grow, transparency becomes critical to prevent over-collateralization or systemic risks. Chainlink Proof of Reserve ensures the underlying Bitcoin for SolvBTC remains sufficient and accessible. The Secure Exchange Rate feed reflects this truth through live redemption pricing.
SolvBTC Expands Use Cases With Secure Mint and BTC+
Solv Protocol now secures SolvBTC minting using Chainlink’s Secure Mint function. This mechanism blocks minting when BTC reserves do not meet the 1:1 requirement. As a result, every SolvBTC remains verifiably backed by actual Bitcoin reserves.
Solv has also launched BTC+, a Bitcoin yield vault offering strategic capital deployment. BTC+ aggregates user BTC and deploys it in staking, arbitrage, and onchain lending strategies. The product is part of Solv’s push to unlock Bitcoin’s utility across DeFi ecosystems.
Solv holds over 25,000 BTC in its ecosystem and more than $2.5 billion in total value locked. This positions the protocol as a major player in decentralized Bitcoin finance. With Chainlink’s infrastructure, Solv continues to reinforce its wrapped assets with unmatched onchain security
