Morpho Co-founder Clarifies: Resolv Incident Only Affected a Few High-Risk Vaults, Approximately 15 Vaults Had Significant Exposure

March 23rd News: In response to community rumors that the Resolv Labs stablecoin security incident significantly impacted Morpho, Paul Frambot, co-founder and CEO of Morpho, posted on X to clarify. He stated that the incident did indeed affect USR and related assets (such as RPL), and impacted lending markets that used them as collateral. However, among approximately 500 Morpho Vaults with deposits exceeding $10,000, only about 15 vaults had significant exposure (over $10,000) to the affected markets. These affected vaults were primarily positioned for high-risk strategies and utilized long-tail collateral assets, while other vaults without such exposure (including low-risk Prime Vaults) were unaffected. Paul Frambot advised users to continue following updates from Resolv Labs and relevant Curators for the latest developments on specific vault risk exposures.