SolvBTC, a Bitcoin-backed liquid staking token powered by Solv Protocol, is now available on Yei Finance, a DeFi network focusing on aggregating cross-chain liquiditySolvBTC, a Bitcoin-backed liquid staking token powered by Solv Protocol, is now available on Yei Finance, a DeFi network focusing on aggregating cross-chain liquidity

CLO Price Analysis: Yei Finance Rollout SolvBTC Token on Cross-Chain Protocol, Unlocking DeFi BTC Liquidity

Blockchain main7

SolvBTC, a Bitcoin-backed liquid staking token powered by Solv Protocol, is now available on Yei Finance, a DeFi network focusing on aggregating cross-chain liquidity. Today, December 12, 2025, Yei Finance (also commonly known as Clovis) announced the integration of the SolvBTC token on its DeFi platform.

By launching the SolvBTC token on its decentralized network, Yei Finance provides its users with access to a Bitcoin staking product that allows them to earn yields. The biggest limitation of Bitcoin is its inability to support smart contracts and DeFi natively. Yei Finance understands this gap as an opportunity. By integrating with the Solv Protocol, Yei provides its users with an innovative approach to connect their idle BTC tokens to greater liquidity and put them to work, and as a result, generate yields.

SolvBTC in Yei Finance: What This Means

SolvBTC is a Bitcoin-driven liquid staking token (operated by Solv Protocol), designed to enable BTC holders to participate in DeFi ecosystems and earn yields while maintaining BTC exposure. Established in April 2024, SolvBTC has quickly risen to become a key financial product within Solv’s DeFi offerings.

The above integration means that Yei Finance users can now deposit their Bitcoin tokens and mint SolvBTC, which functions as a liquid representation of staked BTC, providing customers with BTC-denominated returns. The integration with Solv also means that Bitcoin holders on the Yei Finance platform can now utilize SolvBTC across various DeFi protocols to earn greater yields in various lending platforms, DEXs, DeFi vaults, and other decentralized platforms. Yield is produced through strategies like automated compounding and liquidity provision in Solv’s DeFi vaults.

Yei Finance Thriving in DeFi

The SolvBTC token launch on the Yei Finance platform is more than just an integration. Yei Finance (CLO) is one of the rapidly growing decentralized liquidity protocols that allow users to hold their tokens, enabling them to perform several financial operations (like lending, borrowing, swapping, staking, and others) across different DeFi networks. Its TVL, which currently stands at (according to DeFillama), reflects the rising popularity of the protocol in the DeFi landscape. Despite the integration, the price of CLO has not moved much, currently trading at $0.3183, down 7.5% over the past 24 hours.

CLOUSDThe current price of Yei Finance is $0.3183.

Powered by its native token (CLO), Yei Finance (also commonly known as Clovis) functions as a cross-chain liquidity platform that aims to unify fragmented funds across DeFi. In a decentralized finance landscape that is often divided by closed networks and liquidity pools, Yei runs a unified clearing and settlement platform that connects numerous blockchain networks like Ethereum, SEI, BNB Chain, and several others. Through this approach, Clovis allows crypto users to lend, exchange, move, and trade assets from a unified pool of liquidity rather than moving applications on fragmented networks across DeFi ecosystems.

With the integration of SolvBTC on the platform, Yei enables its users to put their Bitcoin tokens to work and unlock full BTC’s potential in DeFi.

Market Opportunity
Yei Finance Logo
Yei Finance Price(CLO)
$0.21635
$0.21635$0.21635
+7.98%
USD
Yei Finance (CLO) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

American Bitcoin’s $5B Nasdaq Debut Puts Trump-Backed Miner in Crypto Spotlight

American Bitcoin’s $5B Nasdaq Debut Puts Trump-Backed Miner in Crypto Spotlight

The post American Bitcoin’s $5B Nasdaq Debut Puts Trump-Backed Miner in Crypto Spotlight appeared on BitcoinEthereumNews.com. Key Takeaways: American Bitcoin (ABTC) surged nearly 85% on its Nasdaq debut, briefly reaching a $5B valuation. The Trump family, alongside Hut 8 Mining, controls 98% of the newly merged crypto-mining entity. Eric Trump called Bitcoin “modern-day gold,” predicting it could reach $1 million per coin. American Bitcoin, a fast-rising crypto mining firm with strong political and institutional backing, has officially entered Wall Street. After merging with Gryphon Digital Mining, the company made its Nasdaq debut under the ticker ABTC, instantly drawing global attention to both its stock performance and its bold vision for Bitcoin’s future. Read More: Trump-Backed Crypto Firm Eyes Asia for Bold Bitcoin Expansion Nasdaq Debut: An Explosive First Day ABTC’s first day of trading proved as dramatic as expected. Shares surged almost 85% at the open, touching a peak of $14 before settling at lower levels by the close. That initial spike valued the company around $5 billion, positioning it as one of 2025’s most-watched listings. At the last session, ABTC has been trading at $7.28 per share, which is a small positive 2.97% per day. Although the price has decelerated since opening highs, analysts note that the company has been off to a strong start and early investor activity is a hard-to-find feat in a newly-launched crypto mining business. According to market watchers, the listing comes at a time of new momentum in the digital asset markets. With Bitcoin trading above $110,000 this quarter, American Bitcoin’s entry comes at a time when both institutional investors and retail traders are showing heightened interest in exposure to Bitcoin-linked equities. Ownership Structure: Trump Family and Hut 8 at the Helm Its management and ownership set up has increased the visibility of the company. The Trump family and the Canadian mining giant Hut 8 Mining jointly own 98 percent…
Share
BitcoinEthereumNews2025/09/18 01:33
Trump Reviews Candidates to Succeed Fed Chair Powell

Trump Reviews Candidates to Succeed Fed Chair Powell

The post Trump Reviews Candidates to Succeed Fed Chair Powell appeared on BitcoinEthereumNews.com. Key Points: Trump evaluates Fed Chair candidates, considering
Share
BitcoinEthereumNews2025/12/19 08:34
CME Group to launch options on XRP and SOL futures

CME Group to launch options on XRP and SOL futures

The post CME Group to launch options on XRP and SOL futures appeared on BitcoinEthereumNews.com. CME Group will offer options based on the derivative markets on Solana (SOL) and XRP. The new markets will open on October 13, after regulatory approval.  CME Group will expand its crypto products with options on the futures markets of Solana (SOL) and XRP. The futures market will start on October 13, after regulatory review and approval.  The options will allow the trading of MicroSol, XRP, and MicroXRP futures, with expiry dates available every business day, monthly, and quarterly. The new products will be added to the existing BTC and ETH options markets. ‘The launch of these options contracts builds on the significant growth and increasing liquidity we have seen across our suite of Solana and XRP futures,’ said Giovanni Vicioso, CME Group Global Head of Cryptocurrency Products. The options contracts will have two main sizes, tracking the futures contracts. The new market will be suitable for sophisticated institutional traders, as well as active individual traders. The addition of options markets singles out XRP and SOL as liquid enough to offer the potential to bet on a market direction.  The options on futures arrive a few months after the launch of SOL futures. Both SOL and XRP had peak volumes in August, though XRP activity has slowed down in September. XRP and SOL options to tap both institutions and active traders Crypto options are one of the indicators of market attitudes, with XRP and SOL receiving a new way to gauge sentiment. The contracts will be supported by the Cumberland team.  ‘As one of the biggest liquidity providers in the ecosystem, the Cumberland team is excited to support CME Group’s continued expansion of crypto offerings,’ said Roman Makarov, Head of Cumberland Options Trading at DRW. ‘The launch of options on Solana and XRP futures is the latest example of the…
Share
BitcoinEthereumNews2025/09/18 00:56