Phemex launches BTC Onchain Earn in partnership with Solv Protocol, offering 3–4% variable APR yield on bitcoin with flexible redemption starting from 0.001 BTC.
DeFi & Yields ·
Phemex has launched BTC Onchain Earn, a yield product developed in partnership with Solv Protocol. The offering allows users to earn on-chain yield on bitcoin holdings with a minimum entry point of 0.001 BTC and currently offers variable APR in the 3–4% range, alongside flexible redemption options.
The product operates on-chain and permits redemptions without lock-up constraints, distinguishing it from fixed-term staking arrangements. Entry is available from 0.001 BTC, reducing barriers for smaller holders seeking yield on bitcoin positions.
The current yield rate is variable, meaning it may adjust based on market conditions or protocol parameters. Terms governing redemption timing, slashing conditions, and any other guardrails specific to the Solv Protocol integration have not been detailed in the available material.