Backed by $4B of Institutional Assets: Solv, Avalanche, and Elixir Launch the First Institutional-Grade RWA Yield for BTC Finance
Yields from BlackRock BUIDL and Hamilton Lane SCOPE, curated by RE7.
Today, we’re thrilled to announce the launch of SolvBTC.AVAX — the first modular BTC yield vault backed by real-world assets (RWAs), born from a five-way alliance between Solv, Avalanche, Elixir, Euler, LFJ, and Balancer.
This marks a pivotal milestone: RWA-backed yield is coming to Bitcoin.
Unleashing $1.3T in Idle Bitcoin
Bitcoin holds a market cap of over $1.3 trillion, yet more than 94% of BTC remains idle, generating no yield.
Meanwhile, RWAs have exploded 10x since early 2022, now exceeding $22.1 billion in on-chain collateral, with over $6B in tokenized U.S. Treasuries alone. Traditional giants like BlackRock, Hamilton Lane, and Brevan Howard are going on-chain.
And the next meta for Bitcoin is plugging RWA into it.
Introducing SolvBTC.AVAX — Real Yield, Powered by Real Assets
SolvBTC.AVAX is a yield-bearing BTC token that brings together the best of DeFi infrastructure to unlock modular, RWA-backed returns on Bitcoin for the first time.
Deployed natively on Avalanche, it offers composable, on-chain, and institution-ready BTC yield infrastructure — for the first time.
The 5-Protocol Stack Behind BTC x RWA Yield
- Solv Protocol — Powers RWA yield for BTC. Solv automates vault strategy: from yield routing and compounding to reward tracking, wrapped into one token (SolvBTC.AVAX) with a growing NAV.
- Avalanche — Provides the scalable, low-cost Layer 1 execution layer and ecosystem incentives for Bitcoin Finance growth.
- Elixir — Mints deUSD, a stablecoin backed 1:1 partially by RWAs (U.S. Treasuries, Private credit).
- Euler — Loops deUSD via secured lending, safely increasing RWA exposure and yield potential.
- LFJ & Balancer — Deploy capital into SolvBTC-SolvBTC.AVAX and to earn swap fees and AVAX emissions — compounding returns.
Beyond Yield: Triple Incentive Flywheel
Users holding SolvBTC.AVAX benefit from three layers of reward:
- AVAX incentives based on holdings
- Elixir Potion Points based on deUSD minted
- Solv Season 2 Points based on vault participation
Seamless Strategy, Single Token
Users simply deposit BTC.b or SolvBTC → receive SolvBTC.AVAX.
The strategy works this way:
- Mint deUSD via Elixir backed by tokenized RWAs
- Loop deUSD on Euler to increase RWA exposure
- Deploy capital to LFJ and Balancer for liquidity farming
- Harvest rewards, auto-compound to BTC, and grow user’s yield position
Everything is automated for the users and users only need to hold SolvBTC.AVAX, a single token.
Why This Alliance Matters
This is more than a yield vault — it’s a blueprint for aligning Bitcoin with real-world economic cycles, making Bitcoin Finance more resilient and capital-efficient.
- Bridges crypto-native assets with non-correlated, macro-aligned yield
- Opens up scalable, transparent, institutional access to BTC yield at the RWA frontier
- Solidifies Bitcoin’s role not just as store of value — but as a productive asset