Solvent Protocol is a Solana-based NFT liquidity and fractionalization protocol that converted deposited NFTs into fungible SPL tokens called droplets, tradeable across Solana DeFi markets. Solvent's Twitter Score is 20 out of 1000 as of September 2026, ranking #49,728 among 486,860 tracked accounts.
Solvent was founded by Dhrumil Mayur Mehta and announced a $1.8 million private funding round on January 4, 2022. Backers included Solana Ventures, GBV Capital, Project Serum, Genblock Capital, ROK Capital, SkyVision Capital, Solar Eco Fund, Double Peak Ventures, Solanium Ventures, Cropper Finance, Gate.io, Skynet Trading, CMS, MEXC Global, NxGen Ventures, and Darkpool Liquidity.
Solvent's core mechanism allowed users to deposit NFTs into protocol buckets and receive droplets, fungible SPL tokens that could be traded on Solana DeFi markets or redeemed for NFTs held in those buckets. The protocol also developed NFT Lockers, enabling users to borrow droplets against temporarily locked NFTs, with liquidation as a consequence of non-repayment. Solvent previously was affiliated with Strikr, a product designed to let users take short exposure to NFTs without owning them first.
Solvent launched the $SVT governance token, with stated uses covering proposal voting, staking, reduced minting fees, and participation in open-market buybacks. The protocol's smart contracts were open-sourced on July 5, 2022, and CertiK lists one completed security audit for the protocol. The official Medium publication shows no posts after July 7, 2022, and the project is classified as inactive; the account bio explicitly warns users not to trade or buy the token. Solvent has published 1,282 posts and has 18,277 followers as of September 2026. Solvent has been mentioned by 59 accounts a total of 118 times.
Who follows Solvent on X?
The accounts that follow Solvent include 38 founders, 24 angel investors, 34 influencers and 5 VCs. Among them are Toly, 0xMaki, Matthew Graham, DEGEN NEWS, Lily Liu and SL Big Brain.