Resolv Labs
Last changed 2026-10-10 · Score recalculated — Rescored under Scoring v2, the published formula (avoid.net/scoring): 16 → 40. Problems weighed by who is responsible: incidents the subject suffered −20, concerns that are not fraud −13.2, problems around the subject, caused by others −1.6; legitimacy credit long-running +4; the penalty for incidents it suffered is capped at 20; a recent unresolved incident −3.8; fact-check adjustments (−8) now shown as page reliability, not in the score. Version history →
Why this score
| Every page starts at | 65 |
| Concerns that are not fraud | -13.2 |
| Incidents it suffered (e.g. hacks) | -20 |
| Problems around it, caused by others | -1.6 |
| Long-running | +4 |
| Recent unresolved incident | -3.8 |
| Sum | 30 |
- The penalty for incidents it suffered is capped at 20 points.
Score: 40/100 (kept between 0 and 100)
How scoring works →Summary
Resolv Labs is a UAE-based DeFi startup that operates the Resolv Protocol, issuing the USR delta-neutral stablecoin backed by ETH collateral hedged with perpetual futures short positions. On March 22, 2026, an attacker compromised the protocol's off-chain signing infrastructure via stolen contractor credentials, minting approximately 80 million unbacked USR tokens and extracting roughly $25 million in ETH, causing USR to depeg by up to 97% within minutes. The protocol acknowledged effective insolvency in the immediate aftermath and has since initiated a tiered compensation plan while rebuilding infrastructure security.
Connected Entities
5 entities · 60 linked investigations- Ethereum→mentioned with→Coinbase(60%)
- Resolv→mentioned with→Coinbase(65%)
- Resolv→mentioned with→Ethereum(60%)
- Resolv→mentioned with→Resolv Labs(80%)
- Resolv Labs→mentioned with→Ethereum(60%)
- Resolv Labs→mentioned with→Resolv(80%)
- Resolv Labs→mentioned with→Coinbase(65%)
- Resolv Labs→mentioned with→Revolut(60%)
2 submissions awaiting moderator review.
Timeline(9 events)
June 2023
Resolv Labs founded in Abu Dhabi by Ivan Kozlov, Fedor Chmilev, and Tim Shekikhachev.
Tracxn / ZoonopMay 2024
First smart contract audits conducted by MixBytes and Pessimistic Security covering token and staking contracts.
Resolv Security DocumentationNovember 2024
Sherlock and MixBytes conduct comprehensive audits of core treasury and token contract infrastructure.
Resolv Security Documentation15 April 2025
Resolv Labs closes $10 million seed round led by Cyber.Fund and Maven11, with participation from Coinbase Ventures, Arrington Capital, Robot Ventures, and Animoca Ventures among others.
CoinDesk22 March 2026
Attacker compromises Resolv Labs' AWS KMS signing infrastructure via stolen contractor GitHub credentials, minting 80 million unbacked USR tokens and extracting approximately $25 million in ETH. USR depegs to $0.025 within 17 minutes.
Resolv Official Post-mortem / CoinDesk / The Block22 March 2026
Resolv team pauses smart contracts at 05:16 UTC and revokes compromised credentials at 05:30 UTC. Protocol engages Hypernative, Hexens, MixBytes, SEAL 911, Mandiant, and ZeroShadow for forensic response.
Resolv Official Post-mortem23 March 2026
Resolv announces recovery framework and begins enabling redemptions for pre-incident USR holders. Protocol acknowledges approximately $95 million in assets against $173 million in liabilities.
Ainvest / DailyCoin4 April 2026
Resolv Labs publishes official post-mortem detailing the full attack chain, security failures, and recovery steps taken.
Resolv Official Blog27 May 2026
Resolv Foundation announces a tiered compensation plan to make affected users whole and stabilize the ecosystem.
CoinMarketCap / Latest Resolv NewsDecision Log
- slot 455361412 · hash GFWZhhEiUck646L7nBh6veQVeR837bufBD5WLvgQuaX5
- slot 424169110 · hash 44DgjXSP2caeMaJMYTw9QsddeQWoseHVJpjUmUqumfer
- slot 424169105 · hash HoECA1JoXiKM6ZwNyFzccaDhhcbENkgj7zE9uHDzC1b1
- slot 423640430 · hash 7PRPFZHWXc9WsdJCc5pAdwGVQN9pRrA8C3uACmjXxpX9
This investigation is cryptographically anchored to the Solana blockchain (4 decisions). 14 of 15 cited source URLs have an Internet Archive snapshot.
model: claude-sonnet-4-6
generated: 6/1/2026, 5:49:02 PM
last updated: 10/10/2026, 6:42:01 PM
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