Resolv USR
USR
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
USR (Resolv USR) is a delta-neutral synthetic stablecoin protocol that suffered a catastrophic security and structural failure. On March 22, 2026, the protocol was exploited via a compromised privileged key, allowing the attacker to mint approximately $80M in uncollateralized USR and drain roughly $23M–$24.5M in collateral. As established in the Security analysis: "On March 22, 2026, an attacker compromised a privileged off-chain key (the SERVICE_ROLE, controlled by a single EOA rather than a multisig) and minted approximately $80 million of uncollateralized USR, extracting roughly $23–24.5 million (Chainalysis: ~$23M; The Record: $24.5M; independent PoC research: $23.7M)." This event led to a severe, ongoing depeg down to ~$0.12–$0.20 against its $1.00 target, decimating secondary market liquidity and protocol activity despite past audit engagements and operational partnerships. The calculated weighted average score is 4.3/10, fully reflecting this qualifying red-flag event.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About Resolv USR (USR)
Resolv USR (USR) is an overcollateralized, delta-neutral synthetic dollar issued by Resolv Labs. Deployed primarily as an ERC-20 token on Ethereum, USR has contracts across multiple blockchain networks, including Arbitrum, Base, BNB Chain (BSC), Berachain, HyperEVM, TAC, and Soneium. The protocol was designed to target a 1:1 peg to the US dollar by utilizing an elastic supply mechanism backed by long crypto collateral (such as ETH and BTC) paired with short perpetual futures positions to mitigate market volatility, alongside a dedicated first-loss token (RLP).
Before early 2026, Resolv engaged in multiple third-party smart contract audits and maintained a bug bounty program on Immunefi. Governance and administrative management operated under a hybrid, team-led structure utilizing Snapshot and Discord, without fully decentralized on-chain governance.
On March 22, 2026, Resolv experienced a catastrophic security exploit when an off-chain privileged key assigned to the SERVICE_ROLE was compromised. Because the role was controlled by a single externally owned account without multisig requirements, oracle verification, or maximum mint caps, the attacker minted approximately $80 million of uncollateralized USR and extracted roughly $23 million to $24.5 million in collateral. Resolv paused protocol operations in response. The exploit caused USR to suffer a severe depeg, falling over 74% to trade in the $0.12 to $0.20 range. While the team proposed recovery frameworks and restricted redemptions for allowlisted pre-incident holders, the token remains deeply depegged with severely diminished market liquidity.