Dashboard · VantagePlanned

Solv SolvBTC: Supply by Chain, Reserves and xSolvBTC Yield

Is every SolvBTC backed by bitcoin, and where do its reserves sit?

SolvBTC supply across chains, the wrapped and native bitcoin in its reserves, xSolvBTC's yield and how long redemptions take.

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Blueprint

What the dashboard will show.

The dashboard as it will open in Vantage. Each figure is named here and arrives with its receipt; until its data is published, its place stays empty.

Supply and reserves

SolvBTC on every chain against the reserves behind it.

SolvBTC supply

SolvBTC

SolvBTC totalSupply added across every chain at each chain's day-end block.

Figuretoken_supply_dailyAwaiting data

Reserves read on-chain

BTC

Wrapped bitcoin held by Solv's reserve vaults on every chain at the latest block, in BTC.

Figuredefi_tvl_dailyAwaiting data

Reserves reported

BTC

Native BTC that Solv reports as held with custodians, from its proof-of-reserve feed's latest round, labelled as reported.

Figurenative_prices_dailyAwaiting data

Reserves against supply

ratio

Reserves read on-chain plus reserves reported, divided by SolvBTC supply at the same time.

Figuredefi_tvl_dailyAwaiting data

Reserves by asset

SolvBTC's backing by asset: each wrapped bitcoin token in reserve vaults and native BTC reported by custodians.

Donutdefi_tvl_dailyAwaiting data

SolvBTC supply by chain

SolvBTC

SolvBTC supply on each chain it is issued on, per day.

Stacked barstoken_supply_dailyAwaiting data

Yield and redemptions

xSolvBTC, redemption times and each reserve vault.

xSolvBTC supply

xSolvBTC

xSolvBTC supply across chains at the latest day-end blocks: the SolvBTC staked for yield.

Figuretoken_supply_dailyAwaiting data

SolvBTC per xSolvBTC

SolvBTC

xSolvBTC's exchange rate in SolvBTC at its latest on-chain update.

Figureyield_rates_dailyAwaiting data

Days from request to claim

days

The median number of days between a redemption request and its claim, by week of request.

Line charttoken_supply_dailyAwaiting data

Reserve vaults

Each reserve vault with its chain, asset, balance at the latest block and the SolvBTC minted against it.

Tabledefi_tvl_dailyAwaiting data

Chain
Every chain SolvBTC is issued on
About

What it answers, and for whom.

SolvBTC is Solv's bitcoin reserve token: it is minted one for one against BTC or wrapped bitcoin deposited with Solv and moves across many chains. This dashboard adds up SolvBTC on every chain and sets it against the reserves behind it, split into the wrapped bitcoin held in Solv's vault contracts, which can be read on each chain, and the native BTC held with custodians, which Solv reports through an on-chain proof-of-reserve feed.

Yield sits one step away. Holders who stake SolvBTC through Solv's router receive xSolvBTC, the token formerly called SolvBTC.BBN, whose exchange rate in SolvBTC rises with the returns of Solv's strategies, Babylon staking among them. The dashboard shows how much SolvBTC is staked that way and what the rate has paid.

Redemptions burn SolvBTC into a redemption token, which Solv settles before the holder claims the underlying asset; the dashboard shows requests waiting and how long recent ones took. Every figure names its block and read, and reported figures are labelled as reported.

Method

How it will be measured.

Every figure will be read at a block, kept with its source and its exact read, and open a receipt anyone can re-check.

How receipts work →
  1. SolvBTC and xSolvBTC supply are each chain's totalSupply at its day-end block, added across chains because cross-chain moves burn on one chain and mint on the other.
  2. On-chain reserves are the balances of each wrapped bitcoin token held by Solv's reserve vault contracts at the same blocks.
  3. Custodied BTC is the value in Solv's proof-of-reserve feed at its latest round, shown as a reported figure with the feed's address and update time.
  4. Redemptions come from the router's redemption events and the claims that close them.

The data it needs

Chain data, with some off-chain sources

  • token_supply_dailyTo buildToken supply by dayTotal supply of each registry token on each chain at day end: wrapped BTC, liquid staking tokens, tokenized assets and other tracked tokens.
  • defi_tvl_dailyTo buildDeFi value lockedAssets deposited in DeFi protocols per protocol, chain and asset at day end, valued with oracle prices, never double counting receipt tokens.
  • native_prices_dailyTo buildOracle prices by dayReference prices of major assets read from on-chain oracle feeds (Chainlink latestRoundData) at each day's last block, with each round's update time.
  • yield_rates_dailyTo buildYields and ratesSupply rates, staking yields and vault share-price growth per pool and vault per day, in one comparable table.
  • bridge_flows_dailyTo buildBridge deposits and withdrawalsDeposits into and withdrawals out of canonical and major third-party bridges by chain, token and day, plus escrow balances at day end.
  • SolvBTC and xSolvBTC totalSupply on BNB Chain, Ethereum, Arbitrum, Base and Avalanche at day-end blocks
  • Wrapped bitcoin balances of Solv's reserve vault contracts on each chain
  • latestRoundData of Solv's proof-of-reserve feed, recorded as a reported figure
  • xSolvBTC exchange rate updates
  • Router redemption events and the claims that settle them
  • Cross-chain burn and mint messages for SolvBTC
Questions

Questions people ask.

What is SolvBTC?

SolvBTC is Solv's bitcoin reserve token, minted one for one against BTC or wrapped bitcoin deposited with Solv. It moves across chains for use in DeFi, while the deposits stay in reserve vaults or with custodians and can be redeemed.

What is the difference between SolvBTC and xSolvBTC?

SolvBTC tracks bitcoin one for one and earns nothing by itself. xSolvBTC is SolvBTC staked through Solv's router for yield, including Babylon staking; its exchange rate in SolvBTC rises over time. xSolvBTC was earlier called SolvBTC.BBN.

What backs SolvBTC?

Wrapped bitcoin such as WBTC, cbBTC and BTCB held in Solv's vault contracts, which can be read on each chain, and native BTC held with custodians, which Solv reports through an on-chain proof-of-reserve feed. The dashboard shows the two apart and never treats a reported figure as a chain read.

How does redeeming SolvBTC work?

A redemption request burns SolvBTC and issues a redemption token. Solv settles the request off-chain, and the holder then claims the underlying asset. The dashboard shows requests waiting and how long recent ones took from request to claim.

Which bridges does SolvBTC use?

SolvBTC moves between chains by burning on one and minting on another through cross-chain messages. In 2026 Solv moved its tokens to Chainlink's CCIP and dropped older bridge routes on some chains, so the dashboard matches each chain's supply to the messages that moved it.

Reserve vault
A Solv contract on an EVM chain that holds the wrapped bitcoin deposited to mint SolvBTC.
Proof-of-reserve feed
An on-chain oracle feed that reports reserves held off-chain; it shows what was reported, not what the chain itself holds.
Redemption token
The token Solv issues when SolvBTC is redeemed, exchanged for the underlying asset once the request is settled.
xSolvBTC
Solv's yield-bearing token, earlier called SolvBTC.BBN, minted by staking SolvBTC; its rate in SolvBTC rises with strategy returns.

Build Solv SolvBTC: Supply by Chain, Reserves and xSolvBTC Yield on verified data.

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