DeFi
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2/10/2024

Resolv Becomes First Delta-Neutral Stablecoin to Integrate with Centralized and Decentralized Exchanges

Resolv Becomes First Delta-Neutral Stablecoin to Integrate with Centralized and Decentralized Exchanges
Resolv Becomes First Delta-Neutral Stablecoin to Integrate with Centralized and Decentralized Exchanges

Resolv’s partnership with Hyperliquid, a leading decentralized exchange, now makes $USR the first-ever delta-neutral stablecoin integrated with both centralized and decentralized exchanges

Resolv is thrilled to announce its strategic partnership and integration with Hyperliquid, a leading decentralized exchange known for its unmatched liquidity and engaged community. This collaboration allows Resolv’s $USR stablecoin to offer significantly higher returns, benefiting from Hyperliquid’s strong liquidity and market-leading perpetual futures funding rates.

Resolv stands out as the first delta-neutral stablecoin to integrate with both centralized and decentralized exchanges. Its hybrid product design, splitting the collateral pool between on-chain and off-chain modules, enables Resolv to combine the best of CeFi and DeFi. Additionally, the Resolv Liquidity Pool (RLP) isolates counterparty risk, ensuring that $USR holders can receive potential yields without compromising security.

The Hyperliquid team is building a product that traders love for its reliability, liquidity, and speed. In a very short term, they have managed to earn borderless support from users, retail and institutional ones alike, and we are excited to join the family,” said Tim Shekikhachev, Co-Founder of Resolv. “For Resolv users, the integration will mean best-in-class, more diverse yields. It highlights how the product benefits from native connectivity with centralized and DeFi markets.”

According to the team, Hyperliquid has attracted many bullish traders so far, which results in high funding rates they pay to short futures providers. With 24% annualized average ETH perpetual futures funding rate for the last 12 months — double the average rate of centralized exchanges — this integration positions Resolv to offer competitive potential yields.

Both teams are excited to collaborate ahead of Hyperliquid’s EVM launch, reinforcing the partnership’s long-term potential to provide even greater benefits to their communities.

About Resolv Labs

Resolv Labs is a DeFi protocol offering $USR, a delta-neutral stablecoin backed by ETH and protected through Resolv Liquidity Pool (RLP). Resolv prioritizes security, transparency, and potential yield generation, making it a leader in stablecoin innovation. Users can visit resolv.xyz for more information.

About Hyperliquid

Hyperliquid is a leading decentralized exchange known for its industry-leading liquidity, vibrant community, and cutting-edge trading features. With top rankings across volume and open interest, Hyperliquid continues to set the standard for DeFi trading experiences. Users can visit hyperliquid.xyz for more information.

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