Resolv is a DeFi protocol whose historical design used USR as a dollar-pegged stablecoin, RLP as a risk-absorbing liquidity tranche, and RESOLV as a separate ecosystem token. Those assets are not interchangeable. Resolv’s own March 2026 incident report says a signing-infrastructure compromise enabled about 80 million uncollateralized USR to be minted and about $25 million in value to be extracted; operations were mostly paused while recovery proceeded.
| Metric | CoinGecko snapshot |
|---|---|
| Ticker | RESOLV |
| Price | $0.01701 USD |
| Market capitalization | $8.76M USD |
| 24-hour change | +0.2% |
| Circulating supply | 514.68M RESOLV |
| Maximum supply | 1B RESOLV |
| Network | Ethereum and BNB Chain |
| Contract | Ethereum: 0x259338656198ec7a76c729514d3cb45dfbf768a1; BNB Chain: 0xda6cef7f667d992a60eb823ab215493aa0c6b360 |
Original protocol design
Resolv’s postmortem describes USR as backed by crypto collateral and designed to maintain its dollar peg through a delta-neutral strategy; yield historically came from staking and perpetual-futures funding. RLP was the more exposed tranche intended to absorb losses before senior USR positions. These mechanics describe the design, not a guarantee that USR remained at one dollar or that RLP could absorb every loss.
March 2026 USR incident
Resolv’s postmortem says attackers reached signing authority after a multi-stage compromise involving external credentials and cloud infrastructure. The resulting transactions minted 80 million USR without backing and extracted about $25 million in ETH. The report states that about 46 million of the illicitly minted USR was neutralized by burns and blacklisting. It also says most protocol operations were paused and pre-incident USR redemptions were being processed. Later official updates announced a Stage 2 recovery window with a deadline of August 26, 2026; that published deadline has passed. Check Resolv’s current official recovery information for any later arrangements.
RESOLV tokenomics
CoinGecko lists a maximum and total supply of 1 billion RESOLV, separate from USR and RLP. Market data for RESOLV does not describe the solvency or redemption status of USR. The March incident demonstrated that off-chain signing and minting controls can affect on-chain supply even when the collateral pool itself is not directly accessed; do not treat a stablecoin peg or protocol recovery as assured.
Related Terms
See Also
- Why Algorithmic Stablecoins Keep Failing (And Why People Keep Trying Anyway)
- Why Smart Contract Audits Fail: What Post-Mortems Reveal About the Limits of Security Reviews
- What the Celsius Collapse Actually Tells Us About Crypto Lending Risk
Sources
- Resolv — March 22, 2026 Incident Postmortem — Resolv’s report documents the signing-infrastructure compromise, illicit 80M USR mint, extraction estimate, containment and recovery status.
- CertiK — Resolv Protocol Incident Analysis — CertiK independently analyzes the attack chain and on-chain consequences.
- Resolv Labs — Official Recovery Updates — The official channel announced the later Stage 2 recovery window and its August 26, 2026 deadline.
- CoinGecko — RESOLV — CoinGecko provides the dated RESOLV token market and supply snapshot.