Bitcoin staking platform Solv Protocol has unveiled BTC+, a new structured yield vault that offers BTC-denominated returns.
Announced in an August 1 X post, the vault generates interest on idle Bitcoin by deploying funds across DeFi, CeFi, and tokenized real-world asset strategies.
What is BTC+?
BTC+ is a Bitcoin yield vault that pools capital and automatically distributes it across a variety of yield-generating strategies.
In an announcement shared with crypto media, Solv Protocol detailed that these strategies include protocol staking, basis arbitrage, on-chain credit markets, funding rate optimization, and exposure to tokenized real-world assets like BlackRock’s BUIDL fund and Hamilton Lane’s SCOPE.
The vault offers a base annual return between 4.5% and 5.5%, with early depositors eligible for boosted incentives of up to 99.99%. These elevated yields are part of a limited-time campaign running from August 1 to October 31, 2025.
Participants who maintain their position for the full three-month period will be eligible for the largest share of the $100,000 incentive pool.
To ensure security and transparency, the BTC+ vault employs Chainlink’s Proof-of-Reserves for on-chain verification and features a dual-layer architecture that separates custody from execution.
Additional safeguards include NAV-based drawdown protection, which limits downside risk by monitoring the vault’s net asset value, as well as built-in risk segmentation to allocate capital according to the specific risk profiles of each strategy.
“Bitcoin is one of the world’s most powerful forms of collateral, but its yield potential has remained underutilized,” said Ryan Chow, co-founder of Solv Protocol.
Chow believes BTC+ can democratize access to institutional-grade financial strategies, enabling anyone holding Bitcoin to earn returns without needing to manually choose strategies or manage risk.
Bitcoin yield market
As Bitcoin is increasingly seen as a treasury asset, there is growing demand for ways to generate value beyond simple price appreciation. Institutions and high-net-worth investors allocating Bitcoin to their balance sheets are actively seeking methods to make that capital productive.
In response, several major players have already entered this space. For example, in April, Coinbase launched a Bitcoin yield fund for institutional investors outside the U.S., offering returns of up to 8% through a cash-and-carry strategy.
More recently, crypto infrastructure firm Function raised $10 million in seed funding to expand FBTC, its fully reserved Bitcoin product designed for institutional yield generation.
Solv Protocol keeps growing
Solv Protocol is a decentralized finance platform providing structured yield products and staking solutions primarily for Bitcoin holders. According to DeFiLlama data, the platform currently has over 17,480 BTC locked—worth more than $2 billion.
Earlier this year, Solv Protocol partnered with Sony-backed Ethereum Layer 2 network Soneium to enhance its staking infrastructure. This collaboration enables Soneium users to access Bitcoin-backed assets, cross-chain liquidity, and advanced yield strategies via SolvBTC tokens.
