According to previous news from Binance, today (June 10th), Binance Alpha will launch Resolv Labs ($RESOLV). Below is an introduction to this project for reference.
I. Project Overview
Resolv Labs is an Ethereum-based DeFi protocol aimed at creating a low-risk, high-efficiency stablecoin ecosystem using on-chain verifiable Delta neutral strategies. Its core product, the USR stablecoin, stabilizes its peg to the US dollar through ETH collateral and perpetual contract hedging, while also considering yield, security, and user participation, striving to carve out a 'on-chain hedge fund' path in the DeFi stablecoin space.
II. Mechanism Design and Technical Model
Resolv's design concept continues the 'True Delta Neutral' logic found in traditional finance. Users mint USR with ETH as the underlying collateral, while the system simultaneously hedges against ETH price fluctuations in the perpetual contract market to avoid market risk exposure. Additionally, the liquidity pool token RLP and the governance token RESOLV build a multi-layered participation model:
Users can obtain USR by depositing ETH;
Or participate in LP to earn RLP and earn fee revenue;
RESOLV is used for governance participation, obtaining incentives, and can be obtained through airdrop points;
All token mechanisms interact through automated contract logic, forming a closed loop of funds and revenue.
III. Market Segment and Comparative Advantages
Resolv primarily targets the stablecoin market, but unlike MakerDAO's DAI or Ethena's USDe, Resolv emphasizes 'low volatility + yield', with its strategy leaning towards active hedging rather than protocol leverage. Moreover, USR does not rely on re-staking type yields as its pegging basis, but instead forms a closed loop through futures hedging, possessing stronger robustness and model transparency, clearly positioning itself in the current 'yield-type stablecoin' space.
IV. Market Performance and Current Data
According to the data released by the project, as of June 2025:
The total value locked (TVL) of the protocol reached $333 million;
The first quarter airdrop registration is open, and the second quarter tasks are in progress;
The core product USR has achieved stable growth, with active trading and staking;
The RESOLV token is about to be launched on Binance Alpha and major CEXs.
V. Financing Background and Core Team
The project completed a $10 million seed round financing in April 2025, led by cyberFund, with participation from well-known institutions such as Coinbase Ventures and Mirana Ventures. The three founders come from Russia's top engineering universities (MPEI, MSU, MIPT) and have a cross-disciplinary background in traditional financial modeling and on-chain development, possessing dual capabilities in strategic research and engineering implementation.
VI. Token Model and Airdrop Mechanism
RESOLV is a governance token with a total supply of 1 billion tokens, of which 10% is allocated to early participants (Season 1 airdrop).
Users can earn points by completing interactive tasks, which can be exchanged for RESOLV;
Airdrops require manual unstaking and have a 14-day cooling-off period, with mechanism design to avoid short-term selling pressure;
Subsequent tokens will be used as governance or incentive expansions in DeFi applications such as Balancer and Usual.
VII. Potential Outlook and Risk Assessment
The narrative of Resolv features structural innovation and commercial viability, benefiting from strategic capabilities and financing background support, possessing a high ceiling in the stablecoin niche. However, the following risks need to be addressed:
The market education cost is relatively high, and there is a threshold for users to understand 'Delta Neutral';
Hedging through perpetual contracts relies on the stability of the liquidity market and may still face capital loss under extreme market conditions;
If the design of the governance token incentives is improper, it may trigger short-term arbitrage sentiment, affecting governance effectiveness.
VIII. Conclusion
In the trend of 'Stablecoin 2.0', Resolv Labs is moving the risk-neutral strategies of traditional finance on-chain, attempting to build the logic of next-generation stable income assets using programmable financial tools. For conservative users and institutional investors, Resolv is a mid-low risk DeFi entry worth paying special attention to.