Gauntlet: Most Vaults Unaffected by USR Attack; High-Yield Vaults Face Limited Risk

KuCoinFlash

Release Time: 03/22/2026 05:36:39

USDC

$0.99980.01%

Summary

A DeFi exploit was reported after Resolv’s USR contract was attacked on March 22, with attackers minting 50 million USR using approximately 100,000 USDC. Gauntlet confirmed that most vaults remain unaffected, while a few high-yield vaults face limited risk. The team is managing liquidity and monitoring on-chain developments for further updates. Additional information will be provided as the situation evolves.

BlockBeats report: On March 22, DeFi research and risk management firm Gauntlet posted that at 10:21 Beijing time today, Resolv’s USR contract was attacked, with the attacker minting 50 million Resolv USD (USR) using approximately 100,000 USDC.

The team is actively addressing the situation and managing liquidity, and we will continue to provide updates. The majority of the Gauntlet treasury remains unaffected, with only a limited number of high-yield treasuries facing minimal risk. We are monitoring liquidity closely and will provide ongoing updates.

Source:Show original

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.