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Solv Basis Trading Risk, Audits & Admin Control — Moderate Risk | Yielna
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Solv Basis Trading
Overview
TVL
$204.5M
Up 37% over 90 days
Live since
2023
TVL, last 90 days
$212.36M
$180.64M
$148.92M
Jul 2
Aug 13
Sep 28
Risk
How it's measured
Lower risk
Higher risk
Moderate
Full data
What's behind it
Security
Audits
Audited by OpenZeppelin and Offside Labs, May 2026
Audit page
Contract status
All contracts verified, upgradeable
SolvBTCV3 0x7A56…2F97
SolvBTCV3 0x4aae…BCf7
SolvBTCV3 0x3647…BDC0
Upgrades controlled by
Multisig
0x0c2B…5b7D
Multisig
3 of 5 signers must approve
Safe 0x0c2B…5b7D
Timelock
None — admin changes take effect immediately
Track record
Through market stress
Came through all 2
August 2024 crash — kept 66% of its deposits
October 2025 liquidation cascade — kept 73% of its deposits
Exploit history
6 Mar 2026
— Infinite Mint at SolvBTC
$2.7M lost · No reimbursement recorded
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