defirisk.co
rubric v1.7.0

Algorithmic / under-collateralized stablecoin

Fluid's assessment for RD-F-069 — scored not_applicable on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.

Evidence summary #

Fluid is not an algorithmic or under-collateralized stablecoin protocol. It is an over-collateralized lending + DEX hybrid. USR/wstUSR (Resolv) were third-party stablecoins listed as collateral, not protocol-native designs. Factor does not apply.

Sources #

  • Docs
    Instadapp Fluid launch blogblog.instadapp.io/fluid/ — protocol described as lending+DEX, not a stablecoin issuerretrieved 2026-04-29

Methodology #

Classify whether the protocol is an algorithmic or under-collateralized stablecoin design per curator classification.

See the full factor methodology and distribution across all protocols →

rubric_version v1.7.0 protocol fluid factor RD-F-069 score not_applicable collected_at 2026-04-29 10:35:01