According to Fluid and Resolv, attackers minted about $80 million in unbacked USR, leaving roughly $21 million in bad debt that will be covered through a split between Resolv, Fluid treasury, and the Fluid team.
Fluid said attackers targeting Resolv illegally minted about $80 million in unbacked USR, creating about $100 million in total exposure and ultimately leaving roughly $21 million in bad debt. Fluid said affected markets were paused within hours, and that Resolv and Fluid repaid about $70 million of debt within two days. Resolv had said pre-incident positions with positive net value would be fully compensated, while bad debt created after the incident would be split equally between Resolv and Fluid, with settlement scheduled for May 11. In a later update, Fluid said the remaining $19.3 million would be covered by Resolv with $9.7 million, the Fluid governance treasury with $8.2 million, and the Fluid team with $1.5 million. Fluid also said all remaining USR in the protocol had been burned.