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Ethereum (ETH) $ 3,796.17
XRP (XRP) $ 3.14
Tether (USDT) $ 0.999931
BNB (BNB) $ 790.96
Solana (SOL) $ 178.77
USDC (USDC) $ 0.999828
Lido Staked Ether (STETH) $ 3,792.06
Dogecoin (DOGE) $ 0.221345
TRON (TRX) $ 0.325820
Cardano (ADA) $ 0.773625
Wrapped stETH (WSTETH) $ 4,590.94
Wrapped Bitcoin (WBTC) $ 117,659.00
Hyperliquid (HYPE) $ 43.10
Sui (SUI) $ 3.78
Stellar (XLM) $ 0.413310
Wrapped Beacon ETH (WBETH) $ 4,082.02
Chainlink (LINK) $ 17.62
Bitcoin Cash (BCH) $ 566.63
Wrapped eETH (WEETH) $ 4,068.02
Hedera (HBAR) $ 0.255813
Avalanche (AVAX) $ 23.27
WETH (WETH) $ 3,794.92
Litecoin (LTC) $ 109.23
LEO Token (LEO) $ 8.96
Ethena USDe (USDE) $ 1.00
Toncoin (TON) $ 3.32
USDS (USDS) $ 0.999732
Shiba Inu (SHIB) $ 0.000013
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
Coinbase Wrapped BTC (CBBTC) $ 118,009.00
WhiteBIT Coin (WBT) $ 43.89
Uniswap (UNI) $ 10.09
Polkadot (DOT) $ 3.83
Monero (XMR) $ 304.53
Bitget Token (BGB) $ 4.51
Pepe (PEPE) $ 0.000011
Cronos (CRO) $ 0.143226
Ethena Staked USDe (SUSDE) $ 1.19
Aave (AAVE) $ 276.94
Dai (DAI) $ 0.999943
Bittensor (TAO) $ 372.74
Ethena (ENA) $ 0.554927
NEAR Protocol (NEAR) $ 2.66
Ethereum Classic (ETC) $ 21.41
Pi Network (PI) $ 0.417888
Aptos (APT) $ 4.49
Ondo (ONDO) $ 0.952879
Internet Computer (ICP) $ 5.40
OKB (OKB) $ 47.82
Jito Staked SOL (JITOSOL) $ 217.81
Mantle (MNT) $ 0.754921
Kaspa (KAS) $ 0.093344
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
Binance-Peg WETH (WETH) $ 3,798.27
Pudgy Penguins (PENGU) $ 0.036476
Algorand (ALGO) $ 0.254469
USD1 (USD1) $ 0.999275
Bonk (BONK) $ 0.000028
Arbitrum (ARB) $ 0.416925
VeChain (VET) $ 0.024631
Gate (GT) $ 17.38
Cosmos Hub (ATOM) $ 4.44
Render (RENDER) $ 3.84
POL (ex-MATIC) (POL) $ 0.218833
Fasttoken (FTN) $ 4.58
Worldcoin (WLD) $ 1.07
Binance Staked SOL (BNSOL) $ 190.73
Official Trump (TRUMP) $ 9.31
sUSDS (SUSDS) $ 1.06
Sky (SKY) $ 0.084777
Artificial Superintelligence Alliance (FET) $ 0.690247
Rocket Pool ETH (RETH) $ 4,339.17
Sei (SEI) $ 0.309661
Quant (QNT) $ 118.82
SPX6900 (SPX) $ 1.85
Filecoin (FIL) $ 2.52
Story (IP) $ 5.79
Flare (FLR) $ 0.024348
Kelp DAO Restaked ETH (RSETH) $ 3,982.60
Lombard Staked BTC (LBTC) $ 118,010.00
Jupiter Perpetuals Liquidity Provider Token (JLP) $ 5.03
XDC Network (XDC) $ 0.099277
Jupiter (JUP) $ 0.523264
KuCoin (KCS) $ 11.34
USDtb (USDTB) $ 0.999969
StakeWise Staked ETH (OSETH) $ 4,022.53
Curve DAO (CRV) $ 1.02
Mantle Staked Ether (METH) $ 4,070.02
Liquid Staked ETH (LSETH) $ 4,098.45
Injective (INJ) $ 13.97
USDT0 (USDT0) $ 1.00
Stacks (STX) $ 0.755971
NEXO (NEXO) $ 1.32
First Digital USD (FDUSD) $ 0.999834
Celestia (TIA) $ 1.79
Renzo Restaked ETH (EZETH) $ 3,998.81
Optimism (OP) $ 0.705443
Polygon Bridged USDT (Polygon) (USDT) $ 0.999788
Falcon USD (USDF) $ 0.999756
Solv Protocol BTC (SOLVBTC) $ 117,435.00
FLOKI (FLOKI) $ 0.000113
Fartcoin (FARTCOIN) $ 1.09
Jupiter Staked SOL (JUPSOL) $ 201.18
Wrapped BNB (WBNB) $ 790.88
Conflux (CFX) $ 0.204016
Immutable (IMX) $ 0.549899
Binance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
The Graph (GRT) $ 0.099522
dogwifhat (WIF) $ 0.974071
Sonic (S) $ 0.300549
PancakeSwap (CAKE) $ 2.80
Arbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 117,683.00
PAX Gold (PAXG) $ 3,309.78
clBTC (CLBTC) $ 120,697.00
Kaia (KAIA) $ 0.158520
SyrupUSDC (SYRUPUSDC) $ 1.11
Saros (SAROS) $ 0.353864
Ethereum Name Service (ENS) $ 27.99
Marinade Staked SOL (MSOL) $ 234.50
Lido DAO (LDO) $ 1.03
Pump.fun (PUMP) $ 0.002607
PayPal USD (PYUSD) $ 0.999798
Tezos (XTZ) $ 0.829219
Virtuals Protocol (VIRTUAL) $ 1.33
Vaulta (A) $ 0.535384
Theta Network (THETA) $ 0.836554
Tether Gold (XAUT) $ 3,296.83
Super OETH (SUPEROETH) $ 3,796.46
Mantle Restaked ETH (CMETH) $ 4,057.56
cgETH Hashkey Cloud (CGETH.HASH) $ 3,971.16
IOTA (IOTA) $ 0.200527
Raydium (RAY) $ 2.94
JasmyCoin (JASMY) $ 0.015707
GALA (GALA) $ 0.016470
Pendle (PENDLE) $ 4.34
The Sandbox (SAND) $ 0.288210
Aerodrome Finance (AERO) $ 0.814104
OUSG (OUSG) $ 111.98
Pyth Network (PYTH) $ 0.121509
BitTorrent (BTT) $ 0.00000070
Ondo US Dollar Yield (USDY) $ 1.08
Stables Labs USDX (USDX) $ 0.998914
tBTC (TBTC) $ 117,669.00
Jito (JTO) $ 1.85
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Zcash (ZEC) $ 38.90
Flow (FLOW) $ 0.387442
AB (AB) $ 0.008479
Helium (HNT) $ 3.19
Stader ETHx (ETHX) $ 4,040.06
Usual USD (USD0) $ 0.997612
Morpho (MORPHO) $ 1.80
Walrus (WAL) $ 0.418939
Ripple USD (RLUSD) $ 0.999621
Solv Protocol Staked BTC (XSOLVBTC) $ 117,164.00
Avalanche Bridged BTC (Avalanche) (BTC.B) $ 118,436.00
Binance-Peg Dogecoin (DOGE) $ 0.221617
Decentraland (MANA) $ 0.296081
USDD (USDD) $ 0.999842
Coinbase Wrapped Staked ETH (CBETH) $ 4,182.31
Beldex (BDX) $ 0.076820
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Arbitrum Bridged WETH (Arbitrum One) (WETH) $ 3,795.71
Mog Coin (MOG) $ 0.000001
Maple Finance (SYRUP) $ 0.451708
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MemeCore (M) $ 0.322737
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Core (CORE) $ 0.530100
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Zebec Network (ZBCN) $ 0.005323
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Keeta (KTA) $ 1.11
Frax Ether (FRXETH) $ 3,737.49
Starknet (STRK) $ 0.124351
NEO (NEO) $ 6.33
Polygon PoS Bridged WETH (Polygon POS) (WETH) $ 3,795.62
AIOZ Network (AIOZ) $ 0.371223
dYdX (DYDX) $ 0.586283
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MultiversX (EGLD) $ 14.99
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Bridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999842
Kava (KAVA) $ 0.384165
Treehouse ETH (TETH) $ 4,597.79
Trip (TRIP) $ 14.04

Solv Protocol launches Bitcoin staking for cbBTC holders on Base

By admin On Sep 13, 2024

Binance Labs-backed Solv Protocol is bringing Bitcoin staking to Base via the newly launched Coinbase wrapped Bitcoin token, cbBTC.

On Sept. 12, Coinbase revealed that its cbBTC token was now live on Ethereum (ETH) and the layer 2 chain Base. Solv Protocol shared news of its launch of Bitcoin (BTC) staking on Base via in a press release shared with cypto.news.

The platform says the unveiling of the cbBTC token, which is backed 1:1 by BTC holdings on Coinbase, offers another opportunity for users on Base to leverage their bitcoin in the decentralized finance market.

You might also like: eToro to cease all crypto trading except BTC, BCH, ETH

cbBTC holders to mint SolvBTC to participate in DeFi

According to Solv Protocol, cbBTC holders can tap into DeFi opportunities by minting SolvBTC. Notably, users can broaden their participation in the market by converting SolvBTC into SolvBTC.BBN, a liquid staking token offering access to further Bitcoin staking yields.

Integrating cbBTC as a reserve asset is a significant step towards unifying Bitcoin liquidity and making the Bitcoin DeFi experience more accessible to users.

Ryan Chow, co-founder of Solv Protocol.

Coinbase’s launch of cbBTC allows its BTC holders to convert assets to the new wrapped token, much like BTC holders have done with wrapped Bitcoin (WBTC).

For cbBTC, the process will involve the transfer of Bitcoin from user accounts to either Base or Ethereum addresses. The BTC converts to cbBTC and can be used across DeFi protocols such as MakerDAO (MKR), Aave (AAVE) and Compound (COMP).

Solv Protocol adds to this growing market with its liquid staking token, SolvBTC.

Other platforms offering liquid staking or restaking opportunities to the Bitcoin community include Lombard Finance, Swell, and AcreBTC.

Read more: Solv Protocol attracts over 12k BTC investment, integrates Babylon partnership

Source

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