Introducing FragBTC: Solana’s First Native Yield-Bearing Bitcoin Launched by Solv, Fragmetric, and Zeus Network

Bridging the Bitcoin-Solana Gap

Today marks a significant milestone for Bitcoin holders and the Solana ecosystem with the launch of FragBTC — Solana’s first native yield-generating Bitcoin product.

Co-launched by Solv Protocol, Fragmetric, and Zeus Network, FragBTC is a liquid restaking token (LRT) designed to enhance the economic potential and security of Solana while offering Bitcoin holders a new way to earn stable, BTC-denominated yields.

This innovation bridges Bitcoin’s $1 trillion in idle capital with Solana’s high-performance DeFi ecosystem, unlocking Bitcoin use cases to earn yields.

How FragBTC Works: Powered by SolvBTC.JUP

FragBTC leverages SolvBTC.JUP, a Bitcoin yield strategy developed by Solv Protocol, to generate its underlying returns. SolvBTC.JUP earns BTC-denominated yields by participating in the Jupiter Liquidity Provider (JLP) Pool on Jupiter Exchange, one of Solana’s leading decentralized exchanges known for its high trading volume (over $100 billion historically) and low-cost, high-speed transactions.

By employing a delta-neutral strategy — hedging net open interest on centralized exchanges — SolvBTC.JUP minimizes market fluctuation risks, delivering risk-adjusted returns tailored to the diverse risk appetites of Bitcoin holders.

As a liquid restaking token, FragBTC allows users to restake their Bitcoin on Solana, maintaining liquidity while earning yields. This approach amplifies Bitcoin’s utility in DeFi and contributes to Solana’s economic security by channeling Bitcoin’s capital into the ecosystem. Users can further enhance their returns by earning Fragmetric Points, which may qualify them for future ecosystem rewards, adding an extra layer of incentives.

Strengthening Solana’s Ecosystem with Institutional Security

The launch of FragBTC strengtens Solana’s infrastructure. Solv Protocol has taken a leading role as the first Institutional Guardian for Zeus Network, a key player in bringing native Bitcoin to Solana. This role ensures robust security and infrastructure for Bitcoin’s integration, with Solv Protocol joining other prominent guardians like Mechanism Capital, Animoca Ventures, and Anagram.

Together, these guardians enhance the trust and scalability of Solana’s ecosystem, making it a more secure and attractive destination for Bitcoin-backed DeFi strategies.

Why FragBTC Matters for Bitcoin Holders and Solana

FragBTC represents a first-mover initiative for both Bitcoin holders and the Solana ecosystem.

• For Bitcoin holders, it offers a secure and efficient way to earn yields without sacrificing liquidity or exposure to BTC, addressing the long-standing challenge of idle Bitcoin capital — currently over $1 trillion globally.
• For Solana, FragBTC strengthens economic potential by integrating Bitcoin’s liquidity, while the Institutional Guardian framework bolsters network security, paving the way for broader DeFi adoption.

With Solana’s fast transactions and low fees, paired with SolvBTC.JUP’s proven yield strategy (which has delivered stable returns for Bitcoin holders), FragBTC is well-positioned to attract both retail and institutional users seeking reliable, risk-adjusted returns.

Get Started with FragBTC Today

The launch of FragBTC marks a new era for Bitcoin on Solana, blending the strengths of Solv Protocol’s yield expertise, Fragmetric’s innovative token design, and Zeus Network’s secure infrastructure.

Whether you’re a Bitcoin holder looking to put your assets to work or a DeFi enthusiast exploring Solana’s ecosystem, FragBTC offers a compelling opportunity to earn sustainable yields while contributing to Solana’s growth.

Ready to dive in? Stay tuned for more updates as FragBTC continues to evolve, bringing Bitcoin and Solana closer together in the world of DeFi.

About Zeus Network

Zeus Network is the first permissionless multi-chain layer on Solana, enabling Solana-native Bitcoin dApps to seamlessly interact with Bitcoin’s untapped liquidity. Zeus Network was the first project on LFG launchpad of the Jupiter Exchange. ZEUS is currently listed on OKX, Kraken, Raydium on Solana and more.

About Fragmetric

Fragmetric is a native liquid restaking station on Solana that aims to improve the economic potential and security of the Solana ecosystem. Fragmetric succeeded in carrying out NCN reward distribution by utilizing Solana’s token extension. Additionally, Fragmetric created useful solutions, such as the Normalized Token Program, for utilizing various LSTs in restaking platforms. The goal of Fragmetric is to create a safe, open, and incredibly effective restaking system that empowers users and supports the stability of the Solana restaking ecosystem.