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Solv Protocol SolvBTC Jupiter
SOLVBTC.JUP

94,617
$
4.08 %
Change 24h
Market Cap
$ 80,763,135
Volume 24h
$ 3779.7
Circulating Supply
854
Total Supply
975
SOLVBTC.JUP
$

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.