Volume hits a new high.
Settlement volume rose 162.6% to 5.7123 BTC — the highest weekly total of the trailing 4 weeks — as trade count climbed 84.2%.
The week in numbers.
Each week's settlement volume and the yield it earned.
Solver performance.
Flow concentrated in the corridor between Ethereum-wrapped BTC and native Bitcoin. WBTC → BTC and BTC → WBTC together carried nearly all of the week's settlement, and Ethereum routed 95.4% of volume, with base accounting for the remainder.
Realized yield rose 41.14 bps week over week. A single week annualizes from a small sample, so the trailing 4-week figure of 18.62% BTC APY is the more representative read on the product's BTC-denominated return through the period.
Highest weekly volume of the trailing 4 weeks (5.7123 BTC / $0.4M).— Volume record
Where volume settled, by chain and route.
| Route · chain | Vol. ₿ | Trades | Share | WoW |
|---|---|---|---|---|
| WBTC → BTCEthereum → Bitcoin | 2.7308 | 10 | 47.8% | +141.3% ▲ |
| BTC → WBTCBitcoin → Ethereum | 2.7218 | 6 | 47.6% | +163.4% ▲ |
| BTC → cbBTCBitcoin → Base | 0.1312 | 9 | 2.2% | — |
| cbBTC → BTCBase → Bitcoin | 0.1284 | 10 | 2.2% | — |
| Week total | 5.7123 | 35 |
The record to date.
The Solver protocol has settled 9.06 ₿ across 84 trades in the 4 weeks since inception on April 1, 2026 — net-positive in 4 of them.
Credit programs.
Mezzamine Mining Loan I remains active, fully deployed to the borrower and repaying in native Bitcoin; roughly 5% of principal has been returned to date.
About.
About this report. The Bitcoin Solver provides settlement liquidity for cross-chain Bitcoin flow, earning a spread on each completed settlement. Every figure here is a realized, BTC-denominated result, net of fees — not a quoted or projected rate. Because a single week is a small sample, the trailing four-week and since-inception figures are the more reliable guide to expected performance. This edition was published retrospectively at the launch of the Weekly Report; all figures are computed as of the week shown.
About the Bitcoin Solver. The Solver is one of Maestro Institutional's curated BTC yield vaults — a permissioned, compliant strategy that earns by meeting cross-chain Bitcoin demand, taking deposits and paying distributions in native BTC. Qualified investors can review the terms and live performance on the vault page.
About Maestro. Maestro is building the financial rails for the Bitcoin economy: a vertically integrated stack across data, liquidity, and credit that puts idle Bitcoin to work financing real-world activity. Our mission is to accelerate the world's transition to a financial system backed by energy and anchored by Bitcoin. More on what we're building →
