what's Resolv wstUSR?
Resolv wstUSR (WSTUSR) is a wrapped and staked version of the USR token issued by the Resolv protocol. It enables users to participate in staking while providing liquidity for DeFi applications, following standard conventions for rebasing staked tokens where the wrapped form accrues value over time through staking rewards.
wstUSR/USDC markets removed from Core/Frontier vaults; Resolv vault removal scheduled for April 3.
wstUSR/USDC market removed from USDC Core vault on mainnet (v1) affecting $7.6M in liquidity following the exploit.
wstUSR/USDC market removed from USDC Frontier vault (v1.1) as part of vault deprecation affecting $4.3M in total liquidity.
wstUSR/USDC market scheduled for removal from Resolv USDC vault (v1.1) after a 3-day timelock period ending on April 3, 2026.
USDC Core on mainnet holds $4.95M in the wstUSR/USDC market with $2.91M in liquidity as of March 23, 2026.
USDC Frontier on mainnet holds $1.09M in wstUSR/USDC market with total vault liquidity of $1.05M as of March 23, 2026.
Resolv USDC vault on mainnet holds $1.03M primarily across RLP/USDC, USR/USDC, and wstUSR/USDC markets as of March 23, 2026.
Disabled as collateral in the Arbitrum Euler Yield vault, with Euler Earn USDC on Arbitrum no longer allocating into Euler Yield.
Paused markets on Lista DAO after wstUSR depeg, disabling new collateralizing and borrowing in USDR/wstUSR/PT-USR markets, allowing withdrawals and repayments. Launched security investigation.
Attacker stole approver's private key from AWS KMS on March 22, 2026, minting 80 million unbacked USR tokens, causing a $23-25M exploit, depegging, and protocol pause. Burned 32.4 million wstUSR from exploiter's holdings, neutralizing approximately 46 million USR of the illicitly minted supply through direct burns and blacklisting.
50 million tokens minted to a single wallet, followed by immediate selling activity.
Suffered $80M exploit on March 22, 2026, incurring 11.93M wstUSR bad debt on Fluid, dropping peg 74% to $0.257, and pausing functions. Cleared majority of bad debt; Gauntlet disabled deposits and reduced caps to 0 on Morpho vaults; Resolv team will fully restore wstUSR positions on Venus Flux (BNB Chain) and Fluid Plasma.
Included in Token Terminal's "Top 10 fastest growing RWA deployments" list, ranked 7th for deployment on BNB Chain.
Listed in a DOLA/wstUSR liquidity pool on Curve with a $60,000 vote incentive campaign deposited on Votemarket for the current round.
Earns approximately 9% APY on Plasma with a 2.5x boost applied
Deposits earn 20x Resolv Points per LP on Plasma
Deposits receive WXPL rewards that are live and claimable on Merkl
Market cap on Plasma increased close to 100% over the past month (as of December 17, 2025).
wstUSR is identified as a top performing asset in Arbitrum lending markets through the DRIP program funded by Arbitrum DAO, with presence across multiple lending protocols including Morpho, Fluid, Euler, and Silo.
wstUSR launches new liquidity pool on Pendle Finance PLASMA chain.