Uncap x SolvBTC: Borrow against the Universal Bitcoin Reserve
Uncap now supports SolvBTC as collateral.
This integration allows holders of SolvBTC to mint USDU against their assets on Starknet. It combines the interoperability of the Solv Protocol with the user-defined borrowing rates of Uncap.
The Integration
Starting today, SolvBTC is available as a collateral asset on the Uncap protocol.
SolvBTC is Solv's universal Bitcoin asset, a 100% BTC-backed, fully transparent, non-custodial Bitcoin asset that can move across chains. By accepting SolvBTC, Uncap provides a venue for this liquidity to be used efficiently.
Users can deposit SolvBTC to open a Trove and mint USDU. This enables borrowers to access liquidity without selling their position in the Solv ecosystem.
With Uncap's model, the borrower chooses their own interest rate. This creates a flexible environment where users can optimize their borrowing costs based on their individual risk tolerance regarding redemptions.
Why SolvBTC?
Bitcoin is the largest asset in crypto but most of it is either idle (cold storage) or split across wrappers. SolvBTC is built to solve that fragmentation: a universal, 1:1 BTC-backed asset designed to move across chains while staying fully verifiable.
It's already battle-tested:
Proven demand: SolvBTC has become one of the highest-utilized collateral assets in the BNB ecosystem, showing real product-market fit for borrowing, leverage, and capital efficiency.
Scale & trust: Solv Protocol operates the largest on-chain Bitcoin reserve, giving SolvBTC deep liquidity and credibility as a core BTC asset in DeFi.
Verifiable backing: SolvBTC's reserves are independently verifiable via Chainlink Proof of Reserve (PoR), enabling transparent, continuous validation of 1:1 backing.
By pooling liquidity across fragmented BTC wrappers and making backing verifiable, SolvBTC gives users a safer, more composable way to put Bitcoin to work, including as collateral on protocols like Uncap.
Do more with your SolvBTC: https://uncap.finance/