Resolv Labs Exploit: USR Peg Broken, 25M$ Stolen

RESOLV

RESOLV/USDT

$0.0223
+0.45%
24h Volume

$45,194,193.56

24h H/L

$0.0227 / $0.0183

Change: $0.004400 (24.04%)

Funding Rate

-0.0028%

Shorts pay

Data provided by COINOTAG DATALive data
RESOLV
RESOLV
Daily

$0.0218

2.83%

Volume (24h): -

Resistance Levels
Resistance 3$0.0338
Resistance 2$0.0252
Resistance 1$0.0226
Price$0.0218
Support 1$0.0217
Support 2$0.0185
Support 3$0.0142
Pivot (PP):$0.0214
Trend:Downtrend
RSI (14):53.7
(02:25 PM UTC)
2 min read
Updated
1292 views
0 comments
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USR dropped 86% from its peg on Sunday. Source: CoinGecko

RESOLV Protocol Halted After Exploit

Resolv Labs temporarily halted its protocol following an exploit that occurred on Sunday. The attacker minted 80 million unsupported tokens, breaking the USR stablecoin's peg and dropping the token to as low as 0,14 dollars briefly. The Resolv Foundation announced on the X platform that all protocol functions, including the application, have been halted; Season 4 airdrop claims, RESOLV token staking and unstaking operations have been frozen. The collateral pool remained intact, but the attacker converted most of the minted USR to ETH, obtaining approximately 25 million dollars. USR is currently trading around 0,24 dollars.

Onchain Ultimatum to Attacker and Its Effects

Resolv issued an onchain ultimatum to the attacker: Return 90% of the converted funds (approximately 25 million dollars in ETH) and the remaining USR within 72 hours, and take 10% as bounty; otherwise, steps such as asset freezing with exchanges, bridges, and law enforcement will be taken. No movement in the attacker's wallet. Michael Pearl from Cyvers Alert stated that redemptions have been reopened only for legitimate pre-exploit holders and that bad USR is being monitored. The incident led to 180 million dollars in liquidations on Morpho and 334 million dollars in outflows from Fluid. (As of March 24, 2026)

RESOLV Technical Analysis and Price Outlook

RESOLV price at 0,05$ level, 24-hour change -%11,29. RSI 33,41 (oversold), trend downward, Supertrend bearish. EMA 20: 0,0667$. Supports: S1 0,0484$ (strong, %80 score), S2 0,0225$. Resistances: R1 0,0593$ (%69 score), R2 0,0507$. Be cautious with RESOLV futures, RESOLV detailed analysis is recommended.

  • Supports: S1 0,0484$ (⭐ Strong)
  • Resistances: R1 0,0593$ (⭐ Strong)

Trading Analyst: Emily Watson

Short-term trading strategies expert

This analysis is not investment advice. Do your own research.

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COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Emily Watson

Emily Watson

COINOTAG author

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AI-AssistedTrading Analyst·Emily Watson is a trading analyst specializing in short-term trading strategies and daily/weekly market analysis.

AI-generated, AI-reviewed, under COINOTAG editorial oversight.

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