Morpho co-founder clarifies: The Resolv incident only affected a small number of high-risk vaults; approximately 15 vaults had significant exposure.

PANews reported on March 23 that, in response to community rumors that the Resolv Labs stablecoin security incident had a significant impact on Morpho, Morpho co-founder and CEO Paul Frambot clarified in a post on the X platform that the incident did indeed affect USR and related assets (such as RPL), and impacted the lending market that used them as collateral. However, among approximately 500 Morpho Vaults with deposits exceeding $10,000, only about 15 vaults had significant exposure to the relevant markets (exceeding $10,000). The affected vaults were mainly positioned with high-risk strategies and used long-tail collateral assets, while other vaults without such exposure (including low-risk Prime Vaults) were unaffected. Paul Frambot advised users to continue to follow updates from Resolv Labs and relevant Curators to obtain the latest developments regarding the specific vault risk exposure.

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This content is for market information only and is not investment advice.

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