DeFi· ★★★· bearish·

User says ~50 BTC stuck in Solv Protocol after July incident

  • —User withdrew ~50 BTC from Binance on July 8, 2026 and converted it into SolvBTC and BTC+
  • —A security incident hit BTC+ on July 13; Solv said on July 22 that user assets were unaffected
  • —Functions were restored on July 31, but the user's address is still blocked from redeeming
  • —The user has sent about 50 of roughly 60 support emails since July 31 without resolution
Why it matters: The case raises doubts about the reliability of Solv's BTC derivatives and could erode trust in yield-bearing BTC products.
Source: ChainCatcher 链捕手