Solv Protocol

Solv Protocol is a decentralized yield layer for Bitcoin, offering SolvBTC, a yield-bearing BTC wrapper that generates returns from institutional-grade Bitcoin strategies including options selling, delta-neutral lending, and algorithmic market-making. By wrapping BTC into SolvBTC, holders earn Bitcoin-denominated yield without selling their BTC exposure, enabling idle Bitcoin to work productively within DeFi ecosystems including HyperEVM. The protocol was founded in 2020 and has grown to become one of the largest Bitcoin yield infrastructure providers in DeFi, with billions in assets under management deployed across Ethereum, Arbitrum, BNB Chain, Mantle, and other EVM-compatible chains.

Real-world asset perpetual futures on Hyperliquid use HIP-3 infrastructure to create on-chain markets for commodities, indices, and other traditional assets. Solv Protocol operates in this category where traders can access non-crypto exposure through Hyperliquid's native order book with the same sub-second settlement and deep liquidity as crypto perps.