Fluid says $19.3M debt from March Resolv hack has been repaid

DeFi lending platform Fluid (FLUID) announced in a post-mortem report that it has resolved a $19.3 million bad debt stemming from the March hack of Resolv (RESOLV). The platform stated the debt was fully covered through a combined effort by the Fluid team, its governance treasury, and Resolv. Fluid noted it had approximately $100 million in exposure to Resolv, with a $21 million default occurring during a depegging event caused by the hacker. The report clarified that Fluid's own smart contracts were not compromised in the incident and that the platform had taken measures such as halting its buyback program and reducing token issuance. Looking ahead, Fluid plans to enhance its security and introduce a legal framework for asset protection.