According to Polynomial (@PolynomialFi), traders have only two days left to participate in the Polynomial Layer3 quest, which allows users to deposit assets such as cbBTC, weETH, wstETH, SolvBTC, or ETH and earn high APR, OP tokens, and multipliers with a single deposit. This limited-time opportunity is designed to maximize DeFi yield strategies and incentivize liquidity on the Optimism Layer 2 network. The potential for high returns and extra token rewards could drive short-term capital inflows into these assets, impacting their liquidity and trading volumes on both centralized and decentralized exchanges (source: @PolynomialFi, June 6, 2025).

According to PolynomialFi, SolvBTC has been officially added to their multicollateral assets list, enabling traders to deposit SolvBTC for trading and earn high APR rewards, 3x Solv points, and $OP tokens (source: @PolynomialFi, June 2, 2025). This integration with SolvProtocol enhances DeFi yield strategies and offers new opportunities for crypto traders seeking diversified returns. The move is expected to boost on-chain activity and attract more liquidity to SolvBTC, potentially impacting Bitcoin-backed assets and Optimism ecosystem tokens.

According to @OnchainDataNerd, the Total Value Locked (TVL) in the BTC ecosystem has surged by approximately 77% over the past month. This growth is attributed to new players such as Swell, Pump, and Lombard. Among the leading assets, FBTC and SolvBTC have shown consistent growth, with FBTC experiencing an exceptional increase of around 2100%.