Resolv Labs Secures $10 Million Funding to Expand Yield-Stablecoin Protocol

Resolv Labs secured $10 million to enhance its yield-generating stablecoin protocol. Led by Cyber.Fund and Maven11, the funds aim to expand the reach and capabilities of Resolv’s USR stablecoin. The protocol offers a delta-neutral yield strategy, catering to growing investor interest in yield-bearing stablecoins and structures inspired by traditional finance.

Resolv Labs has successfully secured $10 million in a seed funding round aimed at scaling its yield-generating stablecoin protocol, known as Resolv. This funding was spearheaded by Cyber.Fund and Maven11, with involvement from prominent investors including Coinbase Ventures, Susquehanna, Arrington Capital, Animoca Ventures, and more. The capital will aid in enhancing their crypto-native yield platform and increasing the adoption of their USR stablecoin.

The Resolv protocol presents a unique, crypto-native, delta-neutral yield strategy tailored for USR stablecoin holders. As the demand for stablecoin protocols that can deliver yield to token holders surges, Resolv’s approach has garnered considerable interest from investors. Ivan Kozlov, the CEO and founder, emphasises the potential of stablecoins as “perfect rails for yield distribution,” highlighting their appeal that may rival traditional transaction-oriented stablecoins in the future.

Noteworthy in this burgeoning market is Ethena’s USDe token, boasting $5 billion in value, which implements a delta-neutral strategy by managing a balanced portfolio of cryptocurrencies while shorting equivalent perpetual futures. Likewise, Resolv’s USR token is anchored to a stable value of $1, designed to offer consistent yields from crypto markets while protecting investors from volatility.

This protective strategy is realised through a tiered risk structure resembling traditional structured finance concepts, where USR holders earn stable, lower yields on the senior tranche, while the more risk-tolerant participant base earns from the insurance layer represented by the RLP token, which has a variable price. Kozlov asserts that this innovative structure aims to enhance the predictability of crypto yields while maintaining decentralised governance.

Since launching in September 2024, Resolv’s total assets swiftly peaked at over $600 million, largely due to attractive yield opportunities following political shifts in the U.S. However, as market conditions worsened, its total value locked (TVL) has now decreased to around $450 million. The new funding will allow Resolv to broaden its yield generation strategies to include Bitcoin (BTC) and to foster deeper integrations with institutional digital asset managers, thereby extending its ecosystem beyond just early adopters of cryptocurrency.