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solv protocol secures listing on hyperliquid exchange in strategic partnership

Solv Protocol has secured a listing on Hyperliquid’s decentralized exchange through a $130,000 Dutch auction, expanding its Bitcoin DeFi reach. With over $3 billion in total value locked and more than 25,000 BTC in reserves, Solv specializes in Bitcoin staking and yield opportunities. This partnership marks a significant shift for Hyperliquid, enhancing its market appeal as it aims to compete with centralized exchanges.

solv protocol to launch native token on hyperliquid blockchain

Solv Protocol is set to launch its native token, SOLV, on the Hyperliquid blockchain, a layer-1 network focused on trading. The token listing was confirmed on December 19, with Solv securing its spot through a $130,000 auction process. Hyperliquid has amassed over $2.5 billion in total value locked and offers advanced trading options, including leveraged perpetual futures.

solv protocol to launch native token on hyperliquid bitcoin platform

Solv Protocol is set to launch its native token, SOLV, on Hyperliquid, a layer-1 blockchain focused on trading, marking one of the first token launches on its spot exchange. The specific launch date is yet to be announced, and Solv has invested approximately $130,000 for the listing slot through a Dutch auction process. Currently, Solv oversees over $3 billion in total value locked and offers various yield strategies by staking Bitcoin across multiple blockchain networks.

solv protocol to launch native token on hyperliquid bitcoin staking platform

Solv Protocol is set to launch its native token, SOLV, on Hyperliquid, a layer-1 blockchain focused on trading, marking one of the first token launches on its spot exchange. The specific launch date is yet to be announced, and Solv has invested approximately $130,000 for the listing slot through a Dutch auction process.Hyperliquid has garnered over $2.5 billion in total value locked since its May launch and specializes in leveraged trading. Solv, which manages over $3 billion in total value locked, offers Bitcoin staking across various blockchain networks and aims to create a yield-bearing Bitcoin reserve in DeFi.

bitcoin surges towards 100k as market dynamics shift and firms invest

Pantera Capital's Bitcoin Fund has achieved a staggering 1,000x return since its 2013 launch, while Bitcoin recently faced a correction after nearing $100,000. Major acquisitions by firms like MicroStrategy and Jiva Technologies highlight ongoing institutional interest, despite bearish on-chain metrics suggesting potential consolidation ahead.
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