Fluid (FLUID)

Fluid Says Resolv Exploit Led to $21M Bad Debt, Now Fully Covered DeFi liquidity protocol Fluid said the March Resolv exploit, which involved the malicious minting of about $80 million in uncollateralized USR, left Fluid with roughly $21 million in bad debt. Fluid said the attack was external and did not compromise its smart contracts or code. The remaining $19.3 million in bad debt has been fully covered, with Resolv covering about $9.7 million, Fluid’s governance treasury covering $8.2 million, and the team covering $1.5 million. Fluid will pause FLUID buybacks, cut or remove incentives to rebuild its treasury, and plans to upgrade its oracle and pricing systems while rolling out DEX v2, Solana DEX, fixed-rate borrowing, LaaS, and custodied collateral products. https://t.co/kcXc0JEgY3

Wu reported that DeFi liquidity protocol Fluid released a post‑mortem of the Resolv event, stating that in March Resolv was attacked and about $80 million of uncollateralized USR was maliciously minted, causing Fluid to incur roughly $21 million of bad debt. Fluid said the attack occurred outside of Fluid, its smart contracts and code were not compromised; the related losses have been fully covered, with the remaining approximately $19.3 million bad debt to be borne by Resolv (~$9.7 million), Fluid’s governance treasury (~$8.2 million), and the team (~$1.5 million). As a result, Fluid will suspend FLUID buybacks and substantially reduce or cancel incentives to rebuild the treasury. Future plans include upgrading the oracle and pricing mechanisms, and launching products such as DEX v2, Solana DEX, fixed‑rate lending, LaaS, and institutional custodial collateral. https://t.co/z87wA2wKwo

The same goes for $FLUID. Man, I wish strong fundamentals were enough nowadays for a token to pump and sit at a multi-billion MC with a wide distribution. I hope that @0xfluid V2, which I believe is coming in the next few months, will lighten things up for many. https://t.co/qoLO5Wqyy1

$FLUID @0xfluid SHORT trade setup 👀 Waiting for short on previous range retest. ⌛️ https://t.co/3kFWT2AS8r

Today's top #crypto performers: 💠 $FLUID (+12%) 💠 $STRK (+10%) 💠 $PENGU (+10%) 💠 $DOG (+10%) 💠 $SPX (+9%) Some decent #altcoin gains, but no exuberance yet as #Bitcoin slowly grinds higher. https://t.co/Grr8nblmzH

🗞 Top #CryptoGainers & Losers: Mon, Apr 6 (24H) 📈 Biggest Gainers Fluid $FLUID +16.10% Lighter $LIT +12.43% τemplar #SN3 +11.36% 📉 Biggest Losers Banana For Scale #BANANAS31 -10.14% Stargate Finance $STG -9.14% Ontology $ONT -5.53% https://t.co/NAwjVnb31D

OGAudit Web3 Research: @0xfluid Is a combined money market and DEX protocol with ultra high liquidation thresholds the next evolution of DeFi infrastructure or does a recent $70M hack recovery make it too risky? Instadapp has rebranded to Fluid, moving beyond a DeFi dashboard into a unified liquidity protocol combining lending markets and a DEX in one system: - Fluid combines money markets and DEX liquidity into a single protocol, enabling liquidation thresholds up to 97% and liquidation penalties as low as 0.1%. - DeFi Smart Account middleware layer remains active aggregating Aave, Compound, Uniswap, MakerDAO and other protocols into composable multi step transactions. - FLUID token replaced INST for governance and staking, with a max supply of 100M and 79% currently in circulation. Is this an underrated gem for capital efficient DeFi infrastructure or does the Resolv hack and ongoing compensation process limit near term upside? Category: DeFi Coin Name: Fluid Circulating Supply: 78.5M Market Cap: $130M Market Cap Rank: #163 OG Score: 40.67 OG Score Rank: #601 See the full audit, reviews and more here⤵️ https://t.co/It3P3aaXSU