Phemex launches BTC Onchain Earn with Solv

Phemex launched BTC Onchain Earn on July 9, 2026, announcing a partnership with Solv to offer on-chain Bitcoin yield strategies accessible through the exchange. Officials said the feature lets users allocate BTC into diversified on-chain strategies without managing separate wallets or interacting with multiple decentralized protocols.

Phemex and Solv integration

Officials said the offering is built on Solv's Bitcoin liquidity infrastructure and is available directly inside Phemex accounts. The company said users will not need to move funds off the platform to participate, which it presented as a simpler route to on-chain yields for Bitcoin holders.

Officials did not publish APY rates or detailed risk parameters in the initial announcement. The launch targets retail and professional customers who want exposure to yield-generating Bitcoin strategies while remaining inside a custodial exchange environment.

Market implications will depend on uptake and disclosed returns. If Phemex lists competitive yields and attracts deposits, more BTC could flow into on-chain strategies accessed via exchanges; if APYs are low or counterparty terms are restrictive, adoption may be muted.

Watch for Phemex to release concrete APY figures and first-week user-deposit totals by July 16, 2026; those metrics will indicate whether the product shifts custody and liquidity patterns in the Bitcoin market.