RLP, issued by Resolv Digital Assets Ltd., is a tokenized variable-value insurance and yield instrument that absorbs risk on behalf of holders of Resolv's USR stablecoin and provides economic exposure to a delta-neutral yield strategy. [S1][S2]

RLP tracks the Resolv delta-neutral yield strategy, in which a collateral pool of ETH, staked ETH, BTC, and USD-neutral assets such as USDC and USDT is hedged with short perpetual-futures positions to capture funding-rate yield. [S3][S4] RLP represents the excess over-100% portion of the collateral pool and accrues yield through a rising or falling token price rather than rebasing. [S2][S5] It receives approximately 76.5% base reward pro rata alongside stUSR plus a 13.5% risk premium exclusive to RLP, net of a 10% protocol fee. [S5]

Resolv Digital Assets Ltd. (RDAL) is incorporated in the British Virgin Islands, and its Terms of Service are governed by BVI law with exclusive jurisdiction in BVI courts. [S1] RLP confers a contractual claim rather than a segregated asset, since property is reflected only in RDAL's books and records. [S1] Direct issuance and redemption require verified KYC customer status; non-accredited U.S. persons, Canadian persons, sanctioned persons, and residents of Cuba, North Korea, Iran, Syria, and Crimea are excluded. [S1] RLP redeems at the prevailing RLP price, and RDAL makes commercially reasonable efforts to process requests promptly, though settlement may take several business days. [S6][S1]

RLP operates across multiple chains via LayerZero bridging infrastructure, with live deployments on Ethereum, Base, BNB Chain, and HyperEVM. [S2][S7] Tokens are minted and redeemed in exchange for collateral at the RLP unit price reflecting backing assets per token, with collateral requirements fluctuating at the time of mint or redeem. [S3][S2] No fees apply to minting or redemption. [S8]

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  items={[
    { id: "S1", url: "https://docs.resolv.xyz/litepaper/legal/terms-of-service" },
    { id: "S2", url: "https://docs.resolv.xyz/litepaper/overview/rlp" },
    { id: "S3", url: "https://docs.resolv.xyz/litepaper/protocol-mechanics/collateral-pool" },
    { id: "S4", url: "https://docs.resolv.xyz/litepaper" },
    { id: "S5", url: "https://docs.resolv.xyz/litepaper/protocol-mechanics/profit-distribution" },
    { id: "S6", url: "https://docs.resolv.xyz/litepaper/overview/usr" },
    { id: "S7", url: "https://resolv.xyz/journey" },
    { id: "S8", url: "https://docs.resolv.xyz/litepaper/protocol-mechanics/fees" },
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Tokenized funds

Users deposit collateral to mint USR, a yield-bearing stablecoin pegged to USD. The protocol generates yield by deploying backing across ETH staking, futures markets, lending protocols, and tokenized real-world assets. RLP holders provide a leveraged risk buffer, absorbing volatility and earning higher yields in return. stUSR allows USR holders to accrue protocol yield automatically.

Resolv is a stablecoin issuer and yield protocol built on Ethereum and multiple EVM chains. It issues USR, a crypto-native yield-bearing stablecoin backed by a delta-neutral strategy, along with RLP (the liquidity provider token) and stUSR (the staked, yield-accruing variant of USR).

Resolv is operated by Resolv Labs. The protocol is governed by its community, with RLP holders acting as the risk-absorbing liquidity layer that protects USR holders.

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Stablecoin issuers

Resolv

Resolv Liquidity Provider Token (RLP) is a token providing exposure to a tokenized fund issued by Resolv through Resolv Digital Assets Ltd. and managed by Resolv Digital Assets Ltd.

Each token is a collateral-backed contractual exposure rather than a direct claim on the issuer and has being wound down issuance.

The fund is closed-ended and invests in crypto assets and money market instruments.

Holders have a right to redeem at net asset value.

Resolv Digital Assets Ltd. is the issuing entity.

Holder terms are governed by the law of the British Virgin Islands.

RLP has been issued on public blockchains since June 2024 and is native to 7 networks, including Ethereum, Base, Arbitrum One, Berachain, BNB Chain, and HyperEVM.

Resolv Liquidity Provider TokenRLP

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