Fluid has officially updated the progress of the Resolv security incident: $70 million USD of USR debt has been repaid, with the remaining balance to be settled within a few days. Additionally, a governance proposal has been released, planning to transfer the remaining debt to a multi-signature address for further liquidation. The compensation plan will be announced as soon as possible, and the platform is operating normally.

The Fluid team has secured short-term loans covering 100% of non-performing debt to ensure user funds safety. ResolvLabs will handle USR positions prior to the security incident, and investors intend to increase FLUID holdings to strengthen protections. Smart contracts are functioning normally, market operations are stable, with potential interest rate fluctuations possible.

Gate News reported that on March 22, DeFi protocol Fluid released an announcement stating that it learned of the Resolv hacker incident. Fluid's automatic credit limit mechanism prevented excessive borrowing of funds, and the USR market has been suspended from trading with the situation under control. Fluid stated that if there are any bad debts remaining on the protocol, all user losses will be fully compensated. User funds and protocol security are Fluid's top priorities, and a comprehensive review is currently underway. A detailed post-mortem analysis report will be released after the investigation concludes.

StableX partners with BitGo, which will be responsible for custody and operation of its crypto asset vault, supporting a stablecoin investment plan of up to $100 million. This move marks StableX's further involvement in the stablecoin market, reflecting growing institutional investor interest in the stablecoin ecosystem, and is expected to promote more investment activities in the future.

BitGo will provide custody and trading services for StableX, supporting its acquisition of stablecoin-related cryptocurrencies worth up to $100 million. StableX's stock price rose on the news.

Foresight News reports that the DeFi protocol Fluid community has proposed "Establishing the Fluid Foundation." The proposal includes founding the Fluid Foundation and transferring all intellectual property rights of the Fluid protocol to the foundation, placing it under the DAO governance system. The transfer of intellectual property rights and related legal work are expected to be completed by mid-2026. Approval has been given to allocate $250,000 USD monthly from the DAO treasury to fund the foundation, supporting daily operations, technical development, and business expansion.

Jupiter officially announced that its financial product Jupiter Lend has officially concluded its beta testing, attracting 83,000 users and completing multiple audits. The platform is regarded as the most advanced money market on Solana, with over $2 million in rewards and a $107,000 audit contest.

ChainCatcher message, according to Arkham data, at 16:38, 502 PAXG (worth approximately $2.67 million) were transferred from Fluid (Instadapp) to samurai.eth.

ChainCatcher message: According to Arkham data, at 14:42, 500 PAXG (worth approximately $2,545,600) were transferred from Fluid (Instadapp) to samurai.eth.

The Solana community is questioning the independence of Jupiter Lend’s vaults. Fluid and Kamino co-founders pointed out that the vaults are not fully isolated and admitted to using re-staking to improve capital efficiency. Jupiter Lend’s commitments have been criticized as misleading, and users have not been adequately informed of the risks.