TL;DR
- Resolv Labs raised $10 million to scale its yield-bearing stablecoin protocol, aiming to minimize exposure to crypto market volatility.
- The USR token applies a delta-neutral strategy that combines long and short positions, generating returns without relying on bull markets.
- The protocol distributes risk between USR and RLP tokens, and plans to expand its strategies to Bitcoin and integrate with new institutional asset managers.
Resolv Labs closed a $10 million seed round to boost its yield-bearing stablecoin protocol, a proposal that seeks to offer returns without direct exposure to crypto market volatility.
The investment was led by Cyber.Fund and Maven11, with additional participation from firms such as Coinbase Ventures, Arrington Capital, Animoca Ventures, and Gumi Cryptos. The company plans to use these funds to expand its yield generation strategies, explore new blockchains, and strengthen its ties with institutional digital asset managers.
Seed Round: Resolved
Proudly announcing—$10M raised, co-led by @cyberFund_ & @Maven11Capital.
Backed by @cbventures, @Arrington_Cap, @GumiCryptos, @robotventures, @AnimocaVentures, @kpk_io, @EtherFi, @nolimithodl, @flowdesk_co and SCB Limited.
Angels and early supporters… pic.twitter.com/QmNNAAmkE2
— Resolv Labs (@ResolvLabs) April 16, 2025
The protocol developed by Resolv offers a stablecoin called USR. Unlike other stablecoins, USR uses a delta-neutral strategy that enables it to generate yield without relying on bullish market moves. To achieve this, it combines long positions in assets like BTC or ETH with equivalent short positions in perpetual futures. This technique reduces risk exposure while allowing it to capture income from funding rates.
Resolv: Risk Distribution
The structure of the protocol draws inspiration from traditional structured finance models. It splits risk into two tiers. USR holders occupy the safer tranche, with stable but lower yields. Those seeking higher exposure can access the RLP token, linked to the riskier tranche with variable returns. This approach aims to offer predictability without centralizing control of the system.
Since its launch in September 2024, Resolv reached $600 million in total value locked, driven by market growth following Donald Trump’s election victory. However, in recent weeks, the protocol’s TVL decreased to $450 million, in line with the broader decline in yields across DeFi platforms.
The projected expansion includes Bitcoin-based strategies and deeper integration with institutional players. The team also plans to bring the protocol to other chains to diversify its user base and reduce dependence on early adopters.
