Resolv Labs
Resolv Labs is a BVI-incorporated DeFi protocol issuing USR (a delta-neutral stablecoin) and RLP (a leveraged yield/insurance token) backed by ETH staking and perpetual futures hedging. It serves DAO treasuries, family offices, crypto neobanks, and DeFi integrators, and is pivoting post-exploit to institutional RWA products via Vault Street.
- Company typePrivate
- Founded2023
- HeadquartersVirgin, United States
- Headcount11–50
- GTM typeB2B and B2C
- OfferingSoftware
What Resolv Labs does
Resolv Labs is a DeFi protocol incorporated in the British Virgin Islands (through Resolv Labs Ltd and Resolv Digital Assets Ltd) that builds delta-neutral stablecoin infrastructure. Founded in 2023, the protocol issues USR, a stablecoin engineered to provide dollar-pegged returns independent of crypto market direction, and RLP, a leveraged yield product that also serves as the junior insurance/protection layer absorbing counterparty and funding rate risk. The underlying True Delta-Neutral (TDN) architecture combines on-chain ETH staking (via Lido) with short perpetual futures positions across Binance, Bybit, OKX, and Deribit to achieve market-neutral returns, with capital adequacy ratio (CAR) monitoring providing automated protocol safeguards. The Resolv Collateral Pool maintains greater than 100% backing for USR.
The protocol serves DAO treasuries, family offices, crypto-native neobanks, digital wallet applications, investment product aggregators, and DeFi protocol integrators (including Aave, Morpho, Fluid, Curve Finance, and Inverse Protocol's DOLA). Revenue is generated through a 10% protocol fee on yield distribution (activated July 2025), minting and redemption fees per a published Fee Schedule, and governance-token-aligned value accrual through RESOLV buybacks. Distribution is exclusively self-serve through app.resolv.xyz and composable DeFi integrations, with a product-led growth motion supplemented by the Resolv Points Program loyalty system and R(IZZ)olv Club community engagement.
Resolv raised a $10 million seed round in April 2025 led by Cyber.Fund and Maven11. The protocol suffered two private-key exploits within 12 months — a $6M incident in March 2025 and a $24-25M incident in March 2026 that minted 80 million unbacked USR tokens, caused USR to depeg to $0.14, and triggered $180M in Morpho liquidations and $334M in Fluid outflows. Post-incident, TVL collapsed from a $500M+ peak to $13.71M, protocol revenue flatlined at $0, and the RESOLV governance token declined 95.9%. In May 2026 the company announced a recovery framework and pivoted to institutional real-world asset (RWA) products under the Vault Street sub-brand, partnering with Centrifuge, Aave, and Janus Henderson/Anemoy to deploy up to $100 million in tokenized AAA CLO fund collateral.
Resolv Labs firmographics
Firmographics- Name
- Resolv Labs
- Legal name
- Resolv Labs Ltd
- Website
- https://resolv.xyz
- Company type
- Private
- Founded year
- 2023
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Resolv Labs is a BVI-incorporated DeFi protocol issuing USR (a delta-neutral stablecoin) and RLP (a leveraged yield/insurance token) backed by ETH staking and perpetual futures hedging. It serves DAO treasuries, family offices, crypto neobanks, and DeFi integrators, and is pivoting post-exploit to institutional RWA products via Vault Street.
- Ownership category
- akta.pro rank
Resolv Labs industry classification
Industry- Product category
- Decentralized Finance Stablecoin Protocol
- NAICS
- Securities and Commodity Exchanges (523210), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Securities and Commodity Contracts Intermediation and Brokerage (5231)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Finance Services (6199)
- akta.pro primary industry
- Stablecoin Protocols (Decentralized) (FSADAMAD)
- akta.pro secondary industries
- Liquidity Management & Market-Making Protocols (FSADAMAH), Staking, Restaking & Liquid Staking Finance (LST/LRT, validator markets) (FSAPAEAH), DAO Treasury, Governance & On-Chain Finance Tools (FSADAMAL)
Keywords
Where Resolv Labs is headquartered
LocationHeadquarters
- HQ city
- Virgin
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Resolv Labs business model
Business model- GTM type
- B2B and B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Yield Distribution Revenue: The protocol generates yield from ETH staking rewards and perpetual futures funding rate receipts. Revenue is distributed across three streams: Base Reward to staked USR and RLP holders, Risk Premium exclusively to RLP holders, and Protocol Fees (starting at 10%) to the protocol treasury. Protocol fees were activated in July 2025 with gradual rollout.
- Minting and Redemption Fees: All transactions involving Resolv Tokens are subject to fees levied by the Resolv Parties as defined in the Resolv Fee Schedule. Fees apply to minting and redemption of USR and RLP tokens.
- RESOLV Token Ecosystem Revenue: Revenue is generated through protocol fees directed to $RESOLV stakers, weekly token buybacks executed by Resolv Foundation, and governance-aligned tokenomics supporting protocol value accrual.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | USR Stablecoin — 1:1 USD pegged stable prime asset |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels9 records
Resolv Labs product offering
Product offeringCore offering
Resolv Labs operates a DeFi protocol issuing USR, a dollar-pegged stablecoin, and RLP, a leveraged yield/insurance tranche token, both backed by the on-chain Resolv Collateral Pool. The protocol uses a True Delta-Neutral (TDN) architecture that combines on-chain ETH staking with short perpetual futures positions to generate market-neutral yield for token holders. Users mint and redeem tokens directly through app.resolv.xyz, with yields distributed across staked USR holders, RLP holders, and a protocol treasury fee.
Product overview
Resolv Labs operates a dual-token DeFi protocol providing delta-neutral stable returns. The core products are USR (stablecoin) and RLP (leveraged yield/insurance layer), both backed by the Resolv Collateral Pool using ETH staking and perpetual futures funding rates. RESOLV token enables governance and staking rewards. The ecosystem includes Resolv Points (multi-season incentive program), curated Vaults for institutional investors, and Vault Street (institutional RWA products). USR targets stablecoin users seeking yield above Treasuries; RLP serves risk-tolerant investors seeking 20-30% APY with insurance functionality.
Differentiator
Problem solved
Functional benefit
Brands
- Vault Street: Institutional real-world asset (RWA) product line launched post-March 2026 exploit as part of recovery framework.
Products and services
- USR Stablecoin A 1:1 USD-pegged crypto-native stablecoin engineered to provide stable returns without directional market risk. Backed by diversified crypto yield sources (ETH staking plus funding rates from perpetual futures), USR offers yields of 5–6% target APY above U.S. Treasury rates, instant redemption with no lockups, and >100% collateral coverage. Used by crypto funds, DAO treasuries, family offices, and crypto-native neobanks.
- RLP Leveraged Yield Token A leveraged yield product providing exposure to crypto money markets with target APY of 20–30%. RLP functions as the junior insurance/protection layer absorbing protocol losses, funding rate risk, and counterparty exposure to protect USR stability. Composable across DeFi and integrated with major protocols including Aave, Morpho, and Fluid.
- RESOLV Governance Token The protocol's native governance and value-accrual token enabling stakers to participate in protocol governance decisions, earn staking rewards, and receive protocol fee distributions. RESOLV stakers receive a share of the 10% protocol fee activated in July 2025, with weekly token buybacks executed by the Resolv Foundation.
- Vault Street Institutional RWA Product Line Institutional real-world asset product line introduced in May 2026 to rebuild trust after the March 2026 exploit. Embeds Janus Henderson's AAA-rated Anemoy AAA CLO Fund (JAAA) into on-chain money markets via Centrifuge, deploying up to $100M of tokenized AAA CLO leveraged within Aave Horizon as institutional-grade collateral. Designed for institutional investors seeking regulated-aligned, prime-grade on-chain collateral.
Quantifiable outcome
- USR stablecoin maintained a 1-to-1 dollar peg with capital efficiency, mintable at $1 of ETH backing with no overcollateralization requirement
- +5 more outcomes
Companies that use Resolv Labs
Customer profileNamed customers6 records
Segments5 records
Ideal customer profiles4 records
Resolv Labs technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration6 records
Feature6 records
Resolv Labs partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and secondary.
- CentrifugecoreResolv and Centrifuge partnered to launch a $100 million tokenized credit strategy on the Aave platform. Tim Shekikhachev, co-founder of Resolv Labs, explained the supply chain flow: funds move from Resolv USR through Centrifuge's tokenization infrastructure into Aave Horizon's leveraged layer. This partnership represents a significant DeFi integration combining tokenized credit infrastructure with established lending protocols.
- AavecoreResolv integrated with Aave platform as part of the $100 million tokenized credit strategy. The integration enables USR and tokenized real-world assets (via Centrifuge) to be deployed within Aave Horizon's leveraged layer, expanding the protocol's yield sources and institutional-grade collateral options.
- Janus Henderson / Anemoy AAA CLO FundcoreResolv embedded Janus Henderson's AAA-rated institutional credit (Anemoy AAA CLO Fund / JAAA) directly into on-chain money markets via Centrifuge, deploying up to $100M of tokenized AAA CLO fund and leveraging it within Aave Horizon as institutional-grade collateral. This represents the protocol's pivot toward institutional RWA products.
- LombardsecondaryResolv and Lombard partnered to connect Bitcoin liquidity directly with stablecoin money markets across DeFi under the 'Stablecoinizing BTCFi' initiative. The integration brings BTC liquidity into Resolv's yield-bearing stablecoin infrastructure.
Scale indicators7 records
Recent moves6 records
Expansion highlights5 records
Resolv Labs competitors and assessment
Company assessmentDirect peers
- Ethena Labs: Ethena operates USDe, a synthetic dollar using the same delta-neutral architecture (long spot + short perpetual futures) as Resolv's USR. It is the most direct functional and technical peer, having scaled to multi-billion TVL without suffering Resolv's exploit history.
- Ondo Finance: Ondo issues USDY and other tokenized yield-bearing dollar products backed by short-duration U.S. Treasuries and bank deposits. Comparable as a yield-bearing stablecoin issuer targeting institutional and DeFi integrations, and a potential competitor in the Vault Street RWA pivot.
- Usual Labs: Usual issues USD0, a stablecoin backed by tokenized RWAs (e.g., U.S. Treasury bills via Mountain Protocol) with yield distributed to USUAL token holders. Directly comparable to Resolv's yield-bearing stablecoin-plus-governance-token structure.
- Mountain Protocol: Mountain Protocol issues USDM, a yield-bearing stablecoin fully backed by tokenized U.S. Treasury bills. Comparable in offering a yield-bearing dollar product that bridges traditional fixed income to on-chain users, with regulatory emphasis.
- Lybra Finance: Lybra Finance issues eUSD and peUSD, yield-bearing stablecoins backed by ETH liquid staking tokens. Directly comparable architecture to Resolv's ETH-collateralized delta-neutral approach.
- Frax Finance: Frax issues frxUSD and sfrxUSD, a hybrid algorithmic/collateralized stablecoin suite with yield-bearing variants. Compares to Resolv in providing a tiered stablecoin product family across the risk spectrum.
Broad incumbents
- MakerDAO: MakerDAO operates DAI, the largest decentralized overcollateralized stablecoin. Broader incumbent with overlapping mission of decentralized dollar stability but using a fundamentally different (overcollateralized CDP) architecture.
Others
- Curve Finance: Curve provides concentrated stablecoin liquidity pools used by Resolv for USR trading and DEX distribution. Functions as critical infrastructure rather than direct competitor, but its governance and TVL flows directly affect USR liquidity.
- Lido Finance: Lido provides stETH liquid staking, which Resolv integrates as the long-leg yield source in its delta-neutral strategy. Functions as a core infrastructure dependency rather than competitor.
Emerging players
- Pendle Finance: Pendle tokenizes and trades yield-bearing assets, enabling structured yield products comparable to Resolv's RLP. Overlaps in the yield-tokenization and DeFi structured-product space Resolv targets via its Vaults feature.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Resolv Labs social profiles
Digital presenceResolv Labs compliance and trust
Trust signalCompliance3 records
Resolv Labs financial estimates
Financial estimateRevenue estimate
Valuation estimate
Resolv Labs leadership team
Management profileNumber of profiles
Profiles3 records
Resolv Labs funding detail
Funding detailFunding overview
Funding rounds2 records
Investors13 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Resolv Labs M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Resolv Labs
What does Resolv Labs do?
Resolv Labs operates a DeFi protocol issuing USR, a dollar-pegged stablecoin, and RLP, a leveraged yield/insurance tranche token, both backed by the on-chain Resolv Collateral Pool. The protocol uses a True Delta-Neutral (TDN) architecture that combines on-chain ETH staking with short perpetual futures positions to generate market-neutral yield for token holders. Users mint and redeem tokens directly through app.resolv.xyz, with yields distributed across staked USR holders, RLP holders, and a protocol treasury fee.
Is Resolv Labs a public or private company?
Resolv Labs is a private company. It is classified as venture growth investor backed and is currently operating.
When was Resolv Labs founded?
Resolv Labs was founded in 2023. It employs 11 to 50 people.
Where is Resolv Labs based?
Resolv Labs is headquartered in Virgin, United States, in the North America region.
How does Resolv Labs make money?
Three revenue lines are on record. Yield Distribution Revenue is the primary driver. The others are minting and Redemption Fees and RESOLV Token Ecosystem Revenue.
Who are Resolv Labs's main competitors?
Direct peers on record are Ethena Labs, Ondo Finance, Usual Labs, Mountain Protocol, Lybra Finance and Frax Finance. MakerDAO is listed as a broad incumbent. Others are Curve Finance and Lido Finance. Pendle Finance is listed as an emerging player.
Does Resolv Labs have an API?
No public API is recorded for Resolv Labs.
What industry is Resolv Labs in?
Resolv Labs's product category is Decentralized Finance Stablecoin Protocol. Its primary akta.pro industry code is FSADAMAD, Stablecoin Protocols (Decentralized), with a secondary code of FSADAMAH, Liquidity Management & Market-Making Protocols. Its NAICS code is 523210 and its SIC code is 6200.