Fluid: The protocol incurred $21 million in bad debts in the Resolv incident; a solution has been reached between the two parties.

CoinFeed 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 settlement reached by both parties, Resolv assumed 50% of the losses incurred by DEX liquidity providers before the incident. Of the remaining approximately $19.3 million in bad debt, Resolv assumed approximately $9.7 million, the Fluid governance treasury assumed $8.2 million, and the team assumed $1.5 million.