Vault Street is launching a research portal: the diligence layer for onchain credit.
Our team will be publishing allocator notes with a dedicated focus on RWAs, reflecting the due-diligence framework we apply before committing capital.
First coverage: USTB by @SuperstateInc.
The goal: give allocators a comprehensive overview for evaluating an asset.
Each report follows the same structure with legal, economic, operational, and technical analysis of the product, plus live data on yield, AUM, and redemption buffer.
$JTRSY is one of the first assets supported in the primeUSD launch.
Tokenized US Treasuries are now collateral for a new onchain structured product. That's composability working as intended.
The more places a fund can plug into, the more useful it becomes.
Over $320M in institutional capital already sits on Aave Horizon.
@ResolvLabs primeUSD plugs tokenized U.S. Treasuries into it, sourcing leverage and holding its buffer in sGHO, live now!
Real-world assets on real institutional rails, built on Aave.
Great to see Vault Street building with USTB as part of their new vault, primeUSD.
primeUSD shows how tokenized Treasury funds can move beyond passive exposure and serve as programmable collateral across permissioned onchain markets.
Looking forward to seeing it in market.
Following the USR security incident, $223k USDC in recovery proceeds is now claimable for affected wallets that held positions in Re7-curated vaults at the time of impact.
If you held positions on Re7 USDC Base or Re7 USDC Core Mainnet that were impacted by the exploit, you are able to claim now. Eligibility snapshots were captured at the point of market removal.
Please head to the @merkl_xyz app and connect your wallet to view your claim: https://t.co/nT2Uz9LudJ
Re7 and Resolv have finalized an agreement outlining a remediation framework in connection with the USR incident.
Additional details regarding the process will be announced over the coming days.
The recovery portal is open for Stage 2
Eligible categories:
• USR/wstUSR acquired post-incident
1 USR : 0.5 USDC
• LP positions (post-incident portion)
1 USR : 0.5 USDC + RESOLV allocation bringing total recovery to 95% at reference RESOLV price
• RLP holders (not leveraged)
1 RLP : 0.71 USDC + 2.71 RESOLV per RLP (60%+ total recovery at reference RESOLV price)
→ https://t.co/baGtUPNLJF
Recovery portal is open till August 26, 2026.
Eligibility for Stage 2 is determined by the snapshot taken on June 3, 23:59 UTC.
KYC is required for any recovery asset in any stage where the claimable amount exceeds 10,000 USDC. Allocations of $RESOLV exceeding 10,000 tokens will vest over 24 months, with monthly linear unlocks beginning on June 27, 2026, through the vesting app.
Presenting Vault Street in New York.
Keen to ideate on onchain yield generation, RWAs and risk curation — reach out to set up a meeting with Fedor or Danyal on site.
Important Snapshot Notice
On June 3, 23:59 UTC, a snapshot of all post-hack USR positions and RLP will be taken to enable Stage 2 recovery through the Resolv recovery portal.
This snapshot will determine compensation for affected positions, including both the cash recovery and RESOLV token allocation.
Stage 2 recovery will launch separately — details to follow.
Gauntlet and Resolv have reached an agreement regarding a remediation path related to the USR exploit.
Wallets with positions in the Gauntlet-curated vaults affected by the incident are able to claim available recovery proceeds totaling 4,379,827 USDC through the @merkl_xyz onchain distribution infrastructure.
For the v1 Morpho vault Gauntlet USDC Core on Mainnet, and for illiquid v1.1 Morpho vaults (Resolv USDC on Mainnet and Extrafi XLend USDC on Base), claims are available immediately.
Due to the nature of v1.1 vaults, since Gauntlet USDC Frontier on Mainnet and Seamless USDC on Base vaults have liquidity that can be withdrawn, the claim will become available for these vaults when they become illiquid.
Snapshots used for claims within Merkl have been taken accordingly, at time of impact markets removal for v1 vaults, and at time of illiquidity for v1.1 vaults.
Eligible users will need to authenticate their wallets on the official Merkl app to see their potential claims: https://t.co/T9cyaPzAoZ
In the next 24 hours, there are expected movements of funds across wallets associated with @ResolvLabs and Resolv Foundation.
These operational transfers are conducted as a part of preparations for upcoming recovery processes and additional security/infrastructure measures (including planned wallet rotation).
Challenges happen in DeFi - what matters is how teams respond.
We've seen examples in the past when protocols fully recover after the major incidents, and I wish Resolv would be one of these examples.
Over the past weeks, Resolv has been actively working with affected counterparties and ecosystem participants to move the recovery process forward across both pre-incident and post-incident user groups.
As part of this process, we have reached a shared understanding with @0xfluid on the path forward, as one of the key counterparties impacted by the post-incident dynamics. This reflects constructive dialogue and close coordination between the teams throughout the process.
The agreed framework differentiates between pre-incident and post-incident exposures:
- pre-incident positions with positive equity are expected to be made whole by Resolv
- bad debt on positions created after the incident will be shared equally between Resolv and Fluid
The settlement execution will be completed on May 11.
Aligning with Fluid as the major affected protocol marks an important milestone as we continue discussions with other counterparties and protocols across the ecosystem. Conversations are ongoing and progressing well, and we remain focused on finalizing the broader recovery framework and further updates.