PANews reported on May 12th that Fluid released a post-incident analysis report on the Resolv incident. On March 22nd, attackers illegally minted approximately $80 million worth of uncollateralized USR through a compromised signature facility. Fluid's exposure to the protocol was approximately $100 million, resulting in approximately $21 million in bad debt. Fluid smart contracts were not affected, and other markets operated normally. The Fluid team suspended the affected markets within hours and ensured that no user funds were at risk. The team collaborated with Resolv to liquidate pre-incident positions, repaying approximately $70 million in debt within two days of the incident.

According to the solution reached by both parties, Resolv will bear 50% of the losses incurred by DEX liquidity providers before the incident. Of the remaining approximately $19.3 million in bad debt, Resolv will bear approximately $9.7 million, the Fluid governance treasury will bear $8.2 million, and the team will bear $1.5 million. All remaining USR tokens have been burned at the contract level. Fluid has suspended its buyback program, significantly reduced or eliminated FLUID emissions, and the foundation will temporarily suspend its monthly grant of $250,000 from March to June. Fluid stated that its smart contracts were never compromised, it has upgraded its oracles and pricing system, and will introduce legal agreements with asset issuers to establish enforceable claims.

Earlier today, Resolv Labs stated that it is working on recovery and has reached an agreement with Fluid, the main affected protocol .