---
title: "Resolv USD (USR) Stablecoin Analytics"
canonical: "https://pharos.watch/stablecoin/usr-resolv/"
description: "Build-time stablecoin profile for Resolv USD (USR). Live price, supply, peg, liquidity, and flow data are served by the Pharos API."
dateModified: "2026-05-15"
---



# Resolv USD (USR)

**Peg:** US Dollar

**Backing:** Crypto-Collateralized

**Governance:** CeFi-Dependent

**Status:** frozen

## Overview

Resolv's USR was a {{term:delta-neutral}}delta-neutral{{/term}} synthetic dollar with an RLP insurance layer; it collapsed in 2026 after an EOA-minter exploit produced 80M unbacked tokens and depegged the asset, and the token was frozen. Resolv's USR was a {{term:basis-trade}}basis trade{{/term}}-driven synthetic dollar whose RLP insurance layer was supposed to absorb negative {{term:funding-rate}}funding rate{{/term}} pressure and protect USR holders — until an EOA-minter exploit produced 80M unbacked tokens and shattered the peg. By the time of the freeze, USR had collapsed to $0.164 — an 83.6% deviation from its dollar target — and 25 depeg events including a worst of 9,025 basis points sat on the permanent record. Supply was volatile in the months leading up to the failure, swinging from $17.5M to $28.4M to $22.3M, the kind of oscillation that suggested frantic positioning rather than organic growth. The irony was sharp: Apostro real-time reserve verification and permissionless atomic {{term:redemption}}redemption{{/term}} with an 82-rated backstop were still technically intact on a token trading at sixteen cents before being frozen. {{term:custody}}custody{{/term}} of the {{term:delta-neutral}}delta-neutral{{/term}} margin via off-exchange settlement partners did not save the synthetic when the EOA minter was compromised. Six-chain deployment across Ethereum, Base, BSC, Berachain, HyperEVM, and Arbitrum meant the failure was visible everywhere, not just somewhere.

## Collateral

ETH, wstETH (Lido), LBTC, and weETH held on-chain via Fireblocks; yield from liquid staking rewards and perpetual futures funding rates

## Peg Mechanism

Delta-neutral portfolio: long spot ETH/BTC on-chain balanced by equal short perpetual futures on CEXs (Binance, Hyperliquid, Deribit) via Fireblocks Off-Exchange; USR redeemable 1:1 at any time; RLP (Resolv Liquidity Pool) absorbs negative funding-rate and liquidation risk

## Jurisdiction

| Country | Regulator | License |
| --- | --- | --- |
| British Virgin Islands | N/A | N/A |

## Contracts

| Chain | Address | Decimals |
| --- | --- | --- |
| ethereum | `0x66a1e37c9b0eaddca17d3662d6c05f4decf3e110` | 18 |
| base | `0x35e5db674d8e93a03d814fa0ada70731efe8a4b9` | 18 |
| bsc | `0x2492d0006411af6c8bbb1c8afc1b0197350a79e9` | 18 |
| berachain | `0x2492d0006411af6c8bbb1c8afc1b0197350a79e9` | 18 |
| hyperevm | `0x0ad339d66bf4aed5ce31c64bc37b3244b6394a77` | 18 |
| arbitrum | `0x2492d0006411af6c8bbb1c8afc1b0197350a79e9` | 18 |
| soneium | `0xb1b385542b6e80f77b94393ba8342c3af699f15c` | 18 |

## Live Data

Real-time price, supply, peg score, liquidity, and flow data live at https://api.pharos.watch/api/stablecoin/usr-resolv.