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Solv Protocol Exploit Leads to $2.7 Million Loss in SolvBTC

Solv Protocol Exploit Leads to $2.7 Million Loss in SolvBTC

First seen 6 Mar 2026, 13:12 UTC

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ThreatCluster AI
ThreatCluster March 12, 2026 at 16:10 UTC

Solv Protocol suffered an exploit in its Bitcoin Reserve Offering (BRO) vault, resulting in a loss of approximately $2.7 million, equivalent to 38.0474 SolvBTC. The platform has announced plans to reimburse affected users following the incident.

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Updated 183d ago How this analysis works

Timeline

2026-03-05
Exploit discovered, leading to $2.7 million loss
2026-03-06
Solv Protocol announces reimbursement for affected users

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