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Fluid: USR Market Has Been Suspended, Will Fully Cover Any Potential Bad Debt Losses

2026-03-22 09:44

Odaily News: Fluid posted on X platform stating that the team is aware of the incident affecting Resolv earlier today. Fluid's automatic cap function prevented excessive borrowing of funds, and the USR market has been suspended. These protective measures worked as intended to control the situation. If there is any remaining bad debt on Fluid, all user losses will be fully covered. User funds and protocol security are the top priority. The team is conducting a comprehensive review and will share a detailed incident analysis report once the investigation is complete.