Euler Labs: Investigating Unauthorized USR Minting Incident, Measures Taken to Isolate Risk

SmartContractAuditor · 2026-03-22T08:41:10+00:00

Euler Labs has confirmed a security incident involving unauthorized minting of USR as reported by Resolv. The team is actively investigating and has taken preventive measures, including disabling RLP as collateral and suspending USDC distribution to isolate risk. Further updates will be provided later.

SmartContractAuditor

2026-03-22 08:41:10

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Odaily Planet Daily reports that Euler Labs announced on the X platform that they are aware of the security incident involving unauthorized minting of USR reported by Resolv and are actively investigating. As a precaution, RLP has been disabled as collateral in the Arbitrum Euler Yield vault, and Euler Earn USDC on Arbitrum is no longer distributed to Euler Yield. These steps isolate the risk exposure while further assessing the situation. Euler Labs will provide additional updates once more information is available.

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