DeFi Protocol Fluid Responds to Resolv Hack Incident

On March 22, DeFi protocol Fluid announced its awareness of the Resolv hacking incident. According to BlockBeats, Fluid's automatic limit mechanism successfully prevented excessive borrowing of funds, and trading in the USR market has been suspended to control the situation. Fluid assured that any bad debts remaining on its platform will be fully compensated to all users. The security of user funds and the protocol is Fluid's top priority, and a comprehensive review is currently underway. A detailed post-incident analysis report will be released once the investigation concludes.