Resolv Foundation: Q2 2026 Report

Q2 2026 was the quarter Resolv rebuilt. Following the March 22 security incident, the Foundation's entire focus shifted to affected users recovery, and launching a new institutional product line, Vault Street. There is no way to frame this quarter as a normal growth period, and this report doesn't try to.

Security Incident: Response & Recovery

April and May became the most operationally intensive two months in the protocol's history. The Foundation developed a comprehensive recovery framework with tailored treatment for each category of affected user, funded in part by a Foundation allocation of 9% of total RESOLV token supply (70% of that allocation directed to affected RLP holders).

By the end of the quarter, settlements were done or in final stages across essentially every affected market and counterparty. Focus now shifts fully to growing Vault Street.

Next Chapter: Vault Street & primeUSD

Vault Street launched publicly in June 2026. Same team, same core engine (three years of dual-tranche design, modular collateral clusters, and leveraged RWAs), repackaged into a permissioned, institutional-grade product line.

primeUSD runs a leveraged carry strategy across investment-grade collateral — tokenized T-bill positions at launch (USTB from Superstate/Invesco and JTRSY from Janus Henderson via Centrifuge), now expanding to include the Janus Henderson AAA CLO fund (JAAA) as leveraged collateral via Centrifuge, ramping from 10% toward a 30% cap.

All positions are deployed with leverage on Aave Horizon, targeting a 5–8% net APY within an investment-grade, low-risk mandate.

The Foundation is committed to supporting Vault Street's growth through Q3 and beyond — this is where Foundation resourcing and attention are concentrated going forward.

RESOLV Utility

The Foundation's Q1 commitment to supporting RESOLV as part of the broader system stands, and functionally that utility now extends to Vault Street and to further Resolv Labs products going forward.

Staking & Governance

$RESOLV staking reopened at app.resolv.xyz in late May, with rewards resuming alongside the second recovery cohort and average staking APR for staked RESOLV stabilizing at ~20%.

Looking Ahead

Q3 is the first quarter Vault Street stands on its own terms rather than on recovery progress, with the Foundation's attention turned fully toward growing primeUSD's TVL, allocator base, and rebuilding protocol revenue.