Fluid said the remaining losses from the Resolv incident will be split across Resolv, the Fluid governance treasury, and the Fluid team, while all remaining USR in the protocol has been burned.
Fluid reported $21 million in bad debt after attackers targeting Resolv illegally minted about $80 million in unbacked USR. According to Fluid, its total exposure was about $100 million, and the protocol paused affected markets within hours of the incident. Fluid previously said that Resolv and Fluid repaid about $70 million of debt within two days. In its latest update, Fluid said the remaining $19.3 million will 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 it burned all remaining USR in the protocol and expects its Solana DEX to launch within six weeks.