Weekly trades nearly triple.
Settlement activity surged over June 1 – June 7, 2026: 175 trades cleared, up 182.3% week over week, and volume reached 48.7753 BTC — the highest of the trailing 8 weeks. Net yield held near trend at 10.19% BTC APY.
The week in numbers.
Each week's settlement volume and the yield it earned.
Solver performance.
Flow concentrated in wrapped-BTC routes bound for Ethereum and Base. BTC → WBTC on Bitcoin → Ethereum remained the single largest pair at 36.3% of volume, while settlements into cbBTC expanded sharply off a small base. By destination, ethereum absorbed the majority of flow, with base the next-largest.
Yield tracked the surge without stretching. The week's raw settlement spread eased marginally from the prior week, yet the trailing net yield held at 10.19% BTC APY; a single week's annualized reading of 8.5% BTC APY should be read against that longer trend rather than taken as the product's rate of return. Returns are BTC-denominated and net of fees.
Highest weekly volume of the trailing 8 weeks (48.7753 BTC / $3.1M).— Volume record
Where volume settled, by chain and route.
| Route · chain | Vol. ₿ | Trades | Share | WoW |
|---|---|---|---|---|
| BTC → WBTCBitcoin → Ethereum | 17.7486 | 31 | 36.3% | +74.8% ▲ |
| BTC → cbBTCBitcoin → Base | 12.2107 | 50 | 25.0% | +401.9% ▲ |
| BTC → WBTCBitcoin → Arbitrum | 5.8588 | 27 | 12.0% | +64.9% ▲ |
| BTC → cbBTCBitcoin → Ethereum | 5.6548 | 14 | 11.5% | +1675.6% ▲ |
| WBTC → BTCEthereum → Bitcoin | 4.6705 | 14 | 9.5% | +1205.1% ▲ |
| Week total | 48.7753 | 175 |
The record to date.
The Solver protocol has settled 124.88 ₿ across 499 trades in the 10 weeks since inception on April 1, 2026 — net-positive in 10 of them.
The latest month against every month before it.
| Month | Vol. ₿ | Trades | BTC APY | MoM |
|---|---|---|---|---|
| April 2026 | 10.09 | 94 | 17.6% | — |
| May 2026 | 66.02 | 230 | 11.7% | +554.6% ▲ |
| Since inception | 124.88 | 499 | 11.1% |
Credit programs.
On the credit side, Mezzamine Mining Loan I remains active and performing. It is deployed in full to the borrower and has returned 10% of principal to date, with repayments received in native BTC on schedule. We carry the program at cost and recognise Bitcoin-denominated returns as they settle.
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 →
