Resolv Foundation entered Q2 2026 in rebuild mode after the March 22 security incident, making affected-user recovery and the launch of Vault Street its defining priorities. April and May became the most operationally intensive months in the protocol’s history, as the Foundation built a recovery framework with tailored treatment for each affected user category. The quarter was not a normal growth period, because operational attention shifted from expansion toward settlements, user repair and the institutional product line meant to carry the protocol forward.
By quarter-end, settlements were completed or in final stages across essentially every affected market and counterparty. The recovery effort was partly funded through a Foundation allocation equal to 9% of total RESOLV token supply, with 70% of that allocation directed to affected RLP holders. That choice tied token economics directly to user restitution. Recovery became a balance-sheet and governance exercise, not simply a communications response, and it defined how Resolv moved from the incident toward its next chapter without treating the damage as background noise.
Vault Street launched publicly in June as that next chapter. It uses the same team and core engine developed over three years, including dual-tranche design, modular collateral clusters and leveraged real-world assets, but repackages them into a permissioned institutional product line. Its first major product, primeUSD, runs a leveraged carry strategy across investment-grade collateral, initially tokenized T-bill positions such as USTB from Superstate and Invesco, plus JTRSY from Janus Henderson via Centrifuge. The pivot is toward institutional yield infrastructure, with cleaner permissioning and clearer allocator targeting.
primeUSD is now expanding to include the Janus Henderson AAA CLO fund, JAAA, as leveraged collateral through Centrifuge, ramping from 10% toward a 30% cap. Positions are deployed with leverage on Aave Horizon, targeting 5% to 8% net APY under an investment-grade, low-risk mandate. RESOLV utility now extends to Vault Street and future Resolv Labs products, while staking reopened in late May with rewards and average APR near 20%. Q3 becomes the real proof point, as Resolv shifts attention to primeUSD TVL, allocator growth and rebuilding protocol revenue. If the recovery quarter was about keeping the system intact, Q3 is about proving institutional demand can make the rebuilt structure economically durable without reopening the risks that forced the reset and weakened confidence so sharply in March.
