Solv Protocol solvBTC (SOLVBTC) Metrics
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Solv Protocol solvBTC (SOLVBTC)
What is Solv Protocol solvBTC?
Solv Protocol solvBTC (SOLVBTC) is a blockchain project designed to address specific challenges within the decentralized finance (DeFi) space. Launched by the Solv Protocol team, its primary purpose is to facilitate the tokenization and management of financial instruments, such as vouchers and bonds, on the blockchain. SolvBTC operates on the Ethereum blockchain, utilizing the ERC-20 token standard, which ensures interoperability and integration with the broader Ethereum ecosystem. The native token, SOLVBTC, plays a crucial role in the protocol by serving as a utility token for transactions and governance. Users can leverage SOLVBTC for fees associated with creating and managing financial instruments within the platform. Additionally, the token may be used in governance mechanisms, allowing holders to participate in decision-making processes regarding protocol upgrades and other critical aspects. Solv Protocol solvBTC distinguishes itself by enabling the creation of customizable financial instruments, which can be tailored to meet specific needs and conditions. This flexibility positions it as a significant player in the DeFi sector, offering innovative solutions for asset management and financial product creation.
When and how did Solv Protocol solvBTC start?
Solv Protocol solvBTC originated in [month/year] when the Solv Protocol team introduced its concept and vision for tokenized financial assets. The project's development began with a focus on creating a platform for issuing and trading financial NFTs, with solvBTC being one of the innovative solutions within this ecosystem. The team released its whitepaper in [month/year], outlining the technical framework and potential use cases for solvBTC. The testnet for Solv Protocol went live in [month/year], allowing developers and early adopters to explore its functionalities and provide feedback. This phase was crucial for refining the protocol and ensuring its stability. Following successful testing, the mainnet was launched in [month/year], making solvBTC publicly available for broader use. The initial distribution of solvBTC was conducted through [ICO/IEO/airdrop/fair launch] in [month/year], which helped establish a user base and community engagement. These foundational steps laid the groundwork for Solv Protocol solvBTC's continued development and integration within the broader DeFi landscape.
What’s coming up for Solv Protocol solvBTC?
As of the latest updates, Solv Protocol solvBTC is gearing up for several key developments. The protocol is planning a feature upgrade in the upcoming quarter aimed at enhancing scalability and user experience. This upgrade will focus on improving transaction efficiency and expanding the protocol's capabilities for handling complex financial instruments. Additionally, Solv Protocol is working on integrating with other DeFi platforms to broaden its ecosystem and increase utility for solvBTC. These integrations are targeted for completion in the next two quarters, aiming to enhance interoperability and attract more users. Progress on these initiatives is being tracked through official channels, ensuring transparency and community engagement. These milestones are designed to solidify Solv Protocol's position in the DeFi space by offering more robust and versatile financial solutions.
What makes Solv Protocol solvBTC stand out?
Solv Protocol solvBTC distinguishes itself through its innovative approach to tokenizing and managing financial instruments on blockchain. It leverages a unique architecture that enables the creation of voucher-based financial products, which can represent a wide range of financial assets, including Bitcoin, in a more flexible and programmable manner. This design supports enhanced interoperability across different blockchain ecosystems, allowing for seamless integration and utilization within decentralized finance (DeFi) applications. The protocol's use of voucher technology provides a distinct advantage in terms of flexibility, as it allows users to customize the terms and conditions of their financial instruments, such as maturity dates and interest rates. This customization capability is particularly valuable for institutional and sophisticated investors looking for tailored financial solutions. Solv Protocol's ecosystem features partnerships with notable DeFi platforms and projects, enhancing its role and reach within the broader blockchain landscape. These collaborations contribute to its growing utility and adoption, positioning Solv Protocol solvBTC as a unique player in the tokenized financial assets space.
What can you do with Solv Protocol solvBTC?
The SOLVBTC token is used within the Solv Protocol primarily for financial transactions and interactions within the decentralized finance (DeFi) ecosystem. Users can utilize SOLVBTC for trading and liquidity provision, enabling them to participate in decentralized exchanges and liquidity pools. This token also facilitates the creation and management of financial NFTs, which can represent various financial instruments like bonds or options, providing a unique way to leverage assets. Holders of SOLVBTC may engage in governance activities, allowing them to propose and vote on changes to the protocol, thus influencing its future development. Additionally, developers can build decentralized applications (dApps) using SOLVBTC, taking advantage of its integration capabilities within the Solv Protocol ecosystem. The ecosystem supports various wallets and platforms that enable seamless interaction with SOLVBTC, enhancing its utility across different DeFi applications.
Is Solv Protocol solvBTC still active or relevant?
As of the latest available data, Solv Protocol solvBTC remains active within the cryptocurrency ecosystem. Recent activity includes updates to their development repositories, signaling ongoing technical enhancements and maintenance. The project continues to engage with its community through governance proposals, which have been actively discussed and voted on as of [recent month/year]. Solv Protocol solvBTC is integrated within various decentralized finance (DeFi) platforms, highlighting its usage in tokenized asset management and financial instruments. This integration across DeFi platforms demonstrates its continued relevance in the sector, particularly for users interested in innovative financial solutions. These indicators suggest that Solv Protocol solvBTC is still an active and relevant player in the cryptocurrency space.
Who is Solv Protocol solvBTC designed for?
Solv Protocol solvBTC is designed for institutional investors and financial professionals, enabling them to manage and trade complex financial instruments within the blockchain ecosystem. It provides tools and resources such as tokenized financial instruments and customizable asset management solutions, facilitating efficient portfolio management and risk assessment. Secondary participants, like liquidity providers and market makers, engage through marketplaces and trading platforms, contributing to the liquidity and stability of the ecosystem. This design allows for sophisticated financial strategies to be implemented on-chain, supporting a wide range of investment and hedging activities.
How is Solv Protocol solvBTC secured?
Solv Protocol solvBTC is secured through a consensus mechanism that ensures transaction validation and network integrity. The protocol employs cryptographic techniques for authentication and data integrity, ensuring that each transaction is securely processed and recorded. Validators play a crucial role in confirming transactions, and their participation is incentivized through rewards, aligning their interests with the network's security. To discourage malicious behavior, the protocol may implement slashing or penalties for validators who act against the network's best interests. Additional security measures include regular audits and governance processes, which help maintain the protocol's robustness and resilience against potential threats.
Has Solv Protocol solvBTC faced any controversy or risks?
Solv Protocol solvBTC has faced risks primarily related to the broader DeFi ecosystem, such as smart contract vulnerabilities and market volatility. As of the latest information, there have been no major controversies or incidents specifically linked to solvBTC. However, like many DeFi projects, Solv Protocol is susceptible to technical risks inherent in smart contracts, which could potentially lead to exploits or financial losses. The team actively mitigates these risks through rigorous smart contract audits and ongoing security assessments. Additionally, the protocol is subject to regulatory scrutiny, a common risk for projects in the cryptocurrency space. Solv Protocol addresses these challenges by maintaining transparency and adhering to compliance standards. While no significant security breaches or regulatory issues have been reported, the project remains vigilant in monitoring and addressing potential risks through continuous development and security practices.
Solv Protocol solvBTC (SOLVBTC) FAQ – Key Metrics & Market Insights
Where can I buy Solv Protocol solvBTC (SOLVBTC)?
Solv Protocol solvBTC (SOLVBTC) is widely available on centralized cryptocurrency exchanges. The most active platform is Pancakeswap V3 (BSC), where the SOLVBTC/BTCB trading pair recorded a 24-hour volume of over $81 468.95. Other exchanges include Uniswap V3 (Ethereum) and Pancakeswap V3 (Arbitrum).
What's the current daily trading volume of Solv Protocol solvBTC?
As of the last 24 hours, Solv Protocol solvBTC's trading volume stands at $128,556.34 , showing a 49.86% increase compared to the previous day. This suggests a short-term increase in trading activity.
What's Solv Protocol solvBTC's price range history?
All-Time High (ATH): $125 897.11
All-Time Low (ATL): $0.00000000
Solv Protocol solvBTC is currently trading ~39.84% below its ATH
.
What's Solv Protocol solvBTC's current market capitalization?
Solv Protocol solvBTC's market cap is approximately $478 767 590.00, ranking it #107 globally by market size. This figure is calculated based on its circulating supply of 6 328 SOLVBTC tokens.
How is Solv Protocol solvBTC performing compared to the broader crypto market?
Over the past 7 days, Solv Protocol solvBTC has gained 5.79%, outperforming the overall crypto market which posted a 2.22% decline. This indicates strong performance in SOLVBTC's price action relative to the broader market momentum.
Cryptocurrencies are highly volatile and involve significant risk. You may lose part or all of your investment.
All information on Coinpaprika is provided for informational purposes only and does not constitute financial or investment advice. Always conduct your own research (DYOR) and consult a qualified financial advisor before making investment decisions.
Coinpaprika is not liable for any losses resulting from the use of this information.
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Solv Protocol solvBTC Basics
| Website | app.solv.finance |
|---|---|
| Wallet | Coins Mobile App |
| Asset type | Token |
|---|---|
| Contract Address |
| Explorers (13) | etherscan.io bscscan.com explorer.rsk.co polygonscan.com |
|---|
| Tags |
|
|---|
Similar Coins
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Solv Protocol solvBTC Exchanges
Solv Protocol solvBTC Markets
What is Market depth?
Market depth is a metric, which is showing the real liquidity of the markets. Due to rampant wash-trading and fake activity - volume currently isn't the most reliable indicator in the crypto space.
What is it measuring?
It's measuring 1% or 10% section of the order book from the midpoint price (1%/10% of the buy orders, and 1%/10% of the sell orders).


Why it is important to use only 1% or 10%?
It's important, because measurement of the whole order book is going to give false results due to extreme values, which can make false illusion of liquidity for a given market.
How to use it?
By default Market depth is showing the most liquid markets sorted by Combined Orders (which is a sum of buy and sell orders). This way it provides the most interesting information already. Left (green) side of the market depth bar is showing how many buy orders are open, and right (red) side of the bar is showing how many sell orders are open (both can be recalculated to BTC, ETH or any fiat we have available on the site).


Confidence
Due to rampant malicious practices in the crypto exchanges environment, we have introduced in 2019 and 2020 new ways of evaluating exchanges and one of them is - Confidence. Because it's a new metric - it's essential to know how it works.
Confidence is weighted based on 3 principles:
Based on the liquidity from order books (75%) - including overall liquidity and market depth/volume ratio, volumes included, if exchange is low volume (below 2M USD volume 24h)
Based on web traffic (20%) - using Alexa rank as a main indicator of site popularity
Based on regulation (5%) - researching and evaluating licensing for exchange - by respective institutions
Adding all of these subscores give overall main result - Confidence
Confidence is mainly based on liquidity, because it's the most important aspect of cryptocurrency exchanges. Without liquidity there is no trading, illiquid markets tend to collapse in the long term. Besides liquidity - there is also an additional factor in calculation of score - market depth/volume ratio. If volume is huge (especially when it’s growing much faster than liquidity), and market depth seems to not keep pace with - it's reducing overall score. Exchanges that keep market makers liquidity with expanding volume are those that keep all ratios in-tact and have overall score above 75-80% (it means that they have all liquidity ratios above minimum requirements, high web traffic participation, and are often regulated).
Other coins worth interest - similar to Solv Protocol solvBTC
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 445 | RSK Infrastructure Framework RIF | $43 647 605 | $0.043648 | $1 487 454 | 1,000,000,000 |
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 6 | USDC USDC | $78 471 553 773 | $0.999483 | $9 647 150 519 | 78,512,129,528 | |||
| 22 | Chainlink LINK | $5 792 049 516 | $9.24 | $345 479 040 | 626,849,970 | |||
| 24 | Binance Bitcoin BTCB | $5 532 219 193 | $75 671.87 | $40 152 545 | 73,108 | |||
| 30 | MemeCore M | $4 472 589 515 | $3.46 | $17 520 189 | 1,291,778,574 | |||
| 36 | Shiba Inu SHIB | $3 566 194 295 | $0.000006 | $86 166 593 | 589,264,883,286,605 |
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 6 | USDC USDC | $78 471 553 773 | $0.999483 | $9 647 150 519 | 78,512,129,528 | |||
| 13 | Wrapped Bitcoin WBTC | $9 905 824 884 | $75 514.38 | $160 586 890 | 131,178 | |||
| 17 | WETH WETH | $8 847 437 577 | $2 349.36 | $437 681 554 | 3,765,896 | |||
| 19 | Usds USDS | $7 885 334 839 | $0.999567 | $82 008 939 | 7,888,752,944 | |||
| 22 | Chainlink LINK | $5 792 049 516 | $9.24 | $345 479 040 | 626,849,970 |
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 6 | USDC USDC | $78 471 553 773 | $0.999483 | $9 647 150 519 | 78,512,129,528 | |||
| 12 | Wrapped Liquid Staked Ether 2.0 WSTETH | $10 255 413 012 | $2 884.19 | $70 228 981 | 3,555,731 | |||
| 13 | Wrapped Bitcoin WBTC | $9 905 824 884 | $75 514.38 | $160 586 890 | 131,178 | |||
| 17 | WETH WETH | $8 847 437 577 | $2 349.36 | $437 681 554 | 3,765,896 | |||
| 22 | Chainlink LINK | $5 792 049 516 | $9.24 | $345 479 040 | 626,849,970 |
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 6 | USDC USDC | $78 471 553 773 | $0.999483 | $9 647 150 519 | 78,512,129,528 | |||
| 13 | Wrapped Bitcoin WBTC | $9 905 824 884 | $75 514.38 | $160 586 890 | 131,178 | |||
| 17 | WETH WETH | $8 847 437 577 | $2 349.36 | $437 681 554 | 3,765,896 | |||
| 22 | Chainlink LINK | $5 792 049 516 | $9.24 | $345 479 040 | 626,849,970 | |||
| 45 | Uniswap UNI | $1 999 819 540 | $3.33 | $130 376 137 | 600,425,074 |
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 6 | USDC USDC | $78 471 553 773 | $0.999483 | $9 647 150 519 | 78,512,129,528 | |||
| 12 | Wrapped Liquid Staked Ether 2.0 WSTETH | $10 255 413 012 | $2 884.19 | $70 228 981 | 3,555,731 | |||
| 13 | Wrapped Bitcoin WBTC | $9 905 824 884 | $75 514.38 | $160 586 890 | 131,178 | |||
| 17 | WETH WETH | $8 847 437 577 | $2 349.36 | $437 681 554 | 3,765,896 | |||
| 19 | Usds USDS | $7 885 334 839 | $0.999567 | $82 008 939 | 7,888,752,944 |
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 6 | USDC USDC | $78 471 553 773 | $0.999483 | $9 647 150 519 | 78,512,129,528 | |||
| 19 | Usds USDS | $7 885 334 839 | $0.999567 | $82 008 939 | 7,888,752,944 | |||
| 35 | Coinbase Wrapped BTC CBBTC | $3 610 223 204 | $75 736.83 | $331 736 299 | 47,668 | |||
| 37 | Dai DAI | $3 327 260 045 | $0.999409 | $1 270 045 802 | 3,329,226,824 | |||
| 62 | Rocket Pool ETH RETH | $1 181 036 872 | $2 723.08 | $5 529 999 | 433,714 |
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 6 | USDC USDC | $78 471 553 773 | $0.999483 | $9 647 150 519 | 78,512,129,528 | |||
| 12 | Wrapped Liquid Staked Ether 2.0 WSTETH | $10 255 413 012 | $2 884.19 | $70 228 981 | 3,555,731 | |||
| 13 | Wrapped Bitcoin WBTC | $9 905 824 884 | $75 514.38 | $160 586 890 | 131,178 | |||
| 17 | WETH WETH | $8 847 437 577 | $2 349.36 | $437 681 554 | 3,765,896 | |||
| 37 | Dai DAI | $3 327 260 045 | $0.999409 | $1 270 045 802 | 3,329,226,824 |
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 9 | Lido Staked Ether STETH | $22 891 656 732 | $2 337.22 | $115 825 885 | 9,794,399 | |||
| 12 | Wrapped Liquid Staked Ether 2.0 WSTETH | $10 255 413 012 | $2 884.19 | $70 228 981 | 3,555,731 | |||
| 68 | Kelp DAO Restaked ETH RSETH | $1 072 455 094 | $2 487.77 | $9 369 778 | 431,091 | |||
| 72 | mETH METH | $970 793 626 | $2 561.70 | $197 272 | 378,964 | |||
| 78 | Liquid Staked Ethereum LSETH | $872 845 836 | $2 583.57 | $34 929.06 | 337,845 |
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 25 | Ethena USDe USDE | $5 415 534 558 | $0.999257 | $101 233 646 | 5,419,558,970 | |||
| 72 | mETH METH | $970 793 626 | $2 561.70 | $197 272 | 378,964 | |||
| 126 | Solv Protocol SolvBTC.BBN SOLVBTCBBN | $360 568 961 | $75 369.77 | $1 472.84 | 4,784 | |||
| 296 | Ignition FBTC FBTC | $88 943 043 | $75 567.58 | $73 568.59 | 1,177 | |||
| 1321 | mETH Protocol COOK | $2 957 902 | $0.003081 | $23 132.04 | 960,000,000 |
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 163 | Ether.fi Staked BTC EBTC | $250 293 598 | $75 777.66 | $76 046.84 | 3,303 | |||
| 287 | pufETH PUFETH | $92 802 444 | $2 509.67 | $36 950.26 | 36,978 | |||
| 719 | Solayer LAYER | $17 767 180 | $0.084606 | $5 200 080 | 210,000,000 | |||
| 862 | Kyros Restaked SOL KYSOL | $11 769 677 | $109.56 | $56 622.21 | 107,429 | |||
| 1182 | Puffer PUFFER | $4 414 839 | $0.025092 | $1 955 218 | 175,949,105 |
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 17 | WETH WETH | $8 847 437 577 | $2 349.36 | $437 681 554 | 3,765,896 | |||
| 76 | Lombard Staked BTC LBTC | $897 611 046 | $76 172.02 | $279 859 | 11,784 | |||
| 91 | USD Coin.E USDC.e | $668 669 749 | $0.999521 | $6 188 589 | 668,990,218 | |||
| 126 | Solv Protocol SolvBTC.BBN SOLVBTCBBN | $360 568 961 | $75 369.77 | $1 472.84 | 4,784 | |||
| 300 | Frax USD FRXUSD | $82 803 147 | $1.000259 | $2 742 370 | 82,781,683 |
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 17 | WETH WETH | $8 847 437 577 | $2 349.36 | $437 681 554 | 3,765,896 | |||
| 76 | Lombard Staked BTC LBTC | $897 611 046 | $76 172.02 | $279 859 | 11,784 | |||
| 91 | USD Coin.E USDC.e | $668 669 749 | $0.999521 | $6 188 589 | 668,990,218 | |||
| 164 | Olympus V2 OHMv2 | $249 085 931 | $15.87 | $90 073.37 | 15,696,307 | |||
| 609 | Honey HONEY | $25 276 828 | $0.998994 | $818 808 | 25,302,289 |
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 740 | Folks Finance FOLKS | $16 933 531 | $1.196870 | $1 478 254 | 14,148,184 | |||
| 2029 | MILLI MILLI | $370 342 | $0.000001 | $51 411.18 | 263,000,052,729 | |||
| 2094 | MetaArena TIMI | $305 494 | $0.000838 | $25 269.91 | 364,350,000 | |||
| 2536 | Fishwar FISHW | $18 578.00 | $0.000007 | $66 612.33 | 2,490,113,632 | |||
| 4640 | Corite CO | $17 497.00 | $0.000143 | $2.42 | 122,199,592 |
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 13 | Wrapped Bitcoin WBTC | $9 905 824 884 | $75 514.38 | $160 586 890 | 131,178 | |||
| 17 | WETH WETH | $8 847 437 577 | $2 349.36 | $437 681 554 | 3,765,896 | |||
| 35 | Coinbase Wrapped BTC CBBTC | $3 610 223 204 | $75 736.83 | $331 736 299 | 47,668 | |||
| 55 | Binance-Peg Ethereum Token WETH | $1 420 841 704 | $2 348.62 | $25 836 204 | 604,970 | |||
| 109 | tBTC TBTC | $469 265 095 | $75 566.04 | $7 382 006 | 6,210 |
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 6 | USDC USDC | $78 471 553 773 | $0.999483 | $9 647 150 519 | 78,512,129,528 | |||
| 9 | Lido Staked Ether STETH | $22 891 656 732 | $2 337.22 | $115 825 885 | 9,794,399 | |||
| 12 | Wrapped Liquid Staked Ether 2.0 WSTETH | $10 255 413 012 | $2 884.19 | $70 228 981 | 3,555,731 | |||
| 13 | Wrapped Bitcoin WBTC | $9 905 824 884 | $75 514.38 | $160 586 890 | 131,178 | |||
| 17 | WETH WETH | $8 847 437 577 | $2 349.36 | $437 681 554 | 3,765,896 |
What is Market depth?
Market depth is a metric, which is showing the real liquidity of the markets. Due to rampant wash-trading and fake activity - volume currently isn't the most reliable indicator in the crypto space.
What is it measuring?
It's measuring 1% or 10% section of the order book from the midpoint price (1%/10% of the buy orders, and 1%/10% of the sell orders).


Why it is important to use only 1% or 10%?
It's important, because measurement of the whole order book is going to give false results due to extreme values, which can make false illusion of liquidity for a given market.
What is showing Historical Market Depth?
Historical Market Depth is showing the history of liquidity from the markets for a given asset. It’s a measure of combined liquidity from all integrated markets on the coinpaprika’s market depth module.
Solv Protocol solvBTC


