Resolv is a decentralized stablecoin protocol that maintains USR, a stablecoin fully backed by Ether (ETH) and Bitcoin (BTC) and pegged to the US Dollar. It employs a delta-neutral hedging strategy using short perpetual futures to ensure price stability, complemented by an innovative insurance layer called RLP (Resolv Liquidity Pool) for overcollateralization.

Users can stake USR to earn yields through stUSR, while RLP offers higher yields for risk-tolerant investors. With over 50,000 users and a Total Value Locked (TVL) of $350M as of June 2025, Resolv is gaining traction in the expanding stablecoin market, leveraging transparency, liquidity, and composability through crypto-native backing.

Resolv aims to create a stablecoin independent of real-world asset risks, powered by crypto money markets. It will offer transparency, instant liquidity, and composability for DeFi integration.

Traditional stablecoins often rely on fiat reserves or centralized entities, introducing counterparty risks, a lack of transparency, and regulatory dependencies. Crypto-native stablecoins can suffer from volatility or insufficient collateral, while many face capital inefficiency or liquidation risks.

Resolv introduces USR, a USD-pegged stablecoin backed by ETH and BTC, using a delta-neutral strategy to hedge price fluctuations, ensuring stability. The RLP provides an overcollateralized insurance fund to enhance security. Users can stake USR for yields via stUSR, and RLP offers higher returns for those taking on additional risk. By tokenizing a market-neutral portfolio, Resolv delivers a capital-efficient, fiat-independent yield source, distributing competitive returns to holders.

The stablecoin market has reached a market cap of $251.7B as of June 2025. Long-term forecasts estimate the market could exceed $1T by 2035, with a CAGR of 17.8% from 2025 to 2035 (Stablecoins Market Forecast). Regulatory clarity, such as potential U.S. stablecoin legislation, and integration with traditional finance are key growth drivers.

Resolv operates in the delta-neutral stablecoin niche, addressing the limitations of fiat-backed and algorithmic stablecoins. Its crypto-backed, hedged approach offers stability and yield, appealing to DeFi users and conservative investors seeking crypto exposure. The protocol's multichain presence and transparency enhance its competitiveness in this rapidly growing market.

Over 50,000 users have joined the public campaign, with 56% active monthly. The total value locked in the protocol so far is $351M, and since the public launch, it has distributed $10M in real yield to users.

Resolv Labs is led by three co-founders, who have complementary expertise in financial engineering and software development, supported by their education from Russian technical institutes.

Fedor C. is the CTO and has a decade-long experience in software engineering, particularly at Revolut, ensuring robust technical implementation of the protocol's smart contracts and infrastructure. Ivan Kozlov is the CEO, and his background in structuring financial instruments and Tim Shekikhachev's experience with derivatives at Citibank provide deep knowledge of financial markets, critical for designing and managing the delta-neutral hedging strategy that underpins USR's stability.

With team members based in Dubai and the UK and operations in Singapore, Spain, and Poland, the team can leverage diverse networks to expand Resolv's multichain presence and user base. The team's ability to combine technical and financial expertise positions them well to build and scale Resolv.

Resolv Labs raised $10M in a seed round in April 2025, led by Cyber.Fund and Maven11 Capital, with participation from Coinbase Ventures, SCB Limited, Arrington Capital, Gumi Cryptos, NoLimit Holdings, Robot Ventures, Animoca Ventures, and others.

Resolv distinguishes itself in the stablecoin market by offering USR, a USD-pegged stablecoin backed by ETH and BTC, stabilized through a delta-neutral hedging strategy and fortified by the Resolv Liquidity Pool (RLP) for overcollateralization. Unlike competitors like Ethena's USDe, Resolv's RLP provides a critical insurance layer, enhancing stability and user trust. It has fully on-chain operations and multichain support across Ethereum, Base, BNB Chain, and HyperEVM, and it yields opportunities via stUSR and RLP that cater to conservative and risk-tolerant DeFi users.

Backed by a skilled team and strong investors, Resolv is well-positioned for growth. However, it faces competition from Dai, Frax, and USDe, and must navigate regulatory uncertainties. By continuing to innovate its hedging mechanisms and expand its ecosystem, Resolv has the potential to become a leading decentralized stablecoin, offering a transparent, yield-generating solution for the future of finance.