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Resolv

avoid.net/resolv→22/100·100% conf.
[AI-DRAFTED · AWAITING VERIFICATION][src:defillama]

Auto-generated score, not yet verified against the scoring model. Under review — treat as indicative, not a verdict.

anchored·5VpRMw…MsxW

Summary

Resolv is a DeFi protocol issuing USR, a delta-neutral stablecoin backed by ETH with perpetual futures hedging, developed by Resolv Labs. On March 22, 2026, the protocol suffered a critical exploit in which an attacker compromised Resolv's AWS key management infrastructure to mint 80 million unbacked USR tokens, extracting approximately $23–25 million in ETH and triggering a severe stablecoin depeg. The protocol remains paused as of May 2026 while recovery and infrastructure remediation are underway.

Connected Entities

5 entities · 60 linked investigations
Organizations
□Ethereum64□Fluid (Instadapp)□Resolv Labs□Resolv
Tokens
♦Coinbase
Relationships
  • Ethereum→mentioned with→Coinbase(60%)
  • Resolv→mentioned with→Coinbase(65%)
  • Resolv→mentioned with→Ethereum(60%)
  • Fluid (Instadapp)→mentioned with→Resolv Labs(80%)
  • Resolv→mentioned with→Fluid (Instadapp)(80%)
  • Resolv→mentioned with→Resolv Labs(80%)
  • Resolv Labs→mentioned with→Ethereum(60%)
  • Resolv Labs→mentioned with→Resolv(80%)
  • Resolv Labs→mentioned with→Coinbase(65%)
  • Fluid (Instadapp)→mentioned with→Ethereum(65%)
  • + 2 more
Also appears in
Aperture LM·28Trenton Richard Johnston·2Crossmint·70Hedera·55Bedrock Protocol·41BNB Chain Bridge·16Marinade Finance·79Nobitex June 2025 Hack (Predatory Sparrow)·10Robinhood Crypto·54KelpDAO / LayerZero Bridge Exploit (April 2026) — DPRK Lazarus·0+ 50 more
Have evidence about Resolv?

Timeline(8 events)

November 2024

Resolv protocol launches; TVL begins growing rapidly, rising over 380% through November–December 2024.

December 2024

Resolv TVL hits $77 million all-time high at the time, per DeFiLlama.

6 January 2025

Resolv TVL peaks at approximately $448 million, per DeFiLlama.

15 April 2025

Resolv Labs announces $10 million seed funding led by Cyber.Fund and Maven 11, with participation from Coinbase Ventures, Animoca Ventures, Arrington Capital, and others.

22 March 2026

Critical exploit: attacker compromises AWS KMS signing key via GitHub Actions credential exfiltration from a contractor's account. Mints 80 million USR in two transactions using ~$100K–$200K USDC, extracting $23–25M in ETH. USR depegs to $0.0025 on Curve. Protocol paused at 05:16 UTC.

23 March 2026

CoinDesk and major outlets report on the exploit. Fluid/Instadapp confirms over $10 million in bad debt and $300 million in outflows attributed to the Resolv depeg.

26 March 2026

Resolv Labs publishes official postmortem. 46 million of the 80 million illicitly minted USR burned or blacklisted. External forensic investigation begins with Hypernative, Hexens, MixBytes, SEAL 911, Mandiant, and ZeroShadow.

11 May 2026

Resolv Labs posts update on X confirming ongoing recovery coordination with affected counterparties. Protocol has not relaunched as of this date.

Provenance & Audit Trail
Anchored on SolanaVerify on-chain13 Wayback Archivessrc:defillama

Decision Log

This investigation is cryptographically anchored to the Solana blockchain (1 event). 13 of 16 cited source URLs have an Internet Archive snapshot.

full audit log →version history →

model: claude-sonnet-4-6

generated: 5/4/2026, 2:54:12 AM

last updated: 9/11/2026, 12:56:56 AM

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