Solv Protocol SolvBTC Jupiter
SOLVBTC.JUP

117,026
$
2.37 %
Change 24h
Market Cap
$ 100,450,286
Volume 24h
$ 152,226
Circulating Supply
858
Total Supply
971
SOLVBTC.JUP
$
# Exchange Pair Price Volume 24h

Description

SolvBTC.JUP is a liquid staking token for Bitcoin, allowing users to participate in a delta-neutral trading strategy by providing liquidity to the Jupiter Liquidity Provider (JLP) Pool. The JLP Pool is used by traders for leveraged trading, while SolvBTC.JUP minimizes exposure to market fluctuations through hedging on centralized exchanges (CEXes). In return, users earn yields generated from trading fees, borrowing fees, and other pool activities, all while benefiting from active risk management to ensure stability and consistent returns.