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Deploy Finance vs Resolv: a tranched basis token or a basis agent in your wallet?

Resolv and Deploy Finance's Income: Funding Rates agent run the same trade: hold a crypto asset, short its perpetual, collect funding. Resolv packages that trade into tokens. USR is the stablecoin, stUSR is the staked version that receives the yield, and RLP is a separate token that absorbs losses first and earns more for doing so. Deploy runs the trade as an agent inside a wallet you control.

The overlap is delta-neutral funding yield. The asymmetry is the wrapper: Resolv gives you a transferable claim on a pooled book with a defined loss-absorbing tranche, while Deploy gives you a position sized for you, in your wallet, with no tranche and no token.

Compare Resolv and Deploy Finance​

ResolvDeploy Finance
Product modelTokenized basis trade: USR (stablecoin), stUSR (yield-bearing), RLP (loss-absorbing tranche)Curated autonomous agents that trade from a self-custodial wallet
User actionMint or buy USR, stake to stUSR or buy RLP, hold the tokenFund a wallet, select an agent and allocation, approve scoped trading access
What you holdA transferable token; the protocol holds the collateral and hedgesUSDC in your own wallet, which the agent deploys into a hedged position
Return sourceFunding on the protocol's perp shorts and staking rewards on collateral, split between stUSR and RLPPerpetual funding spreads (Income: Funding Rates) or directional price moves (Superstar)
Who absorbs lossesRLP holders first, then USR if RLP is exhaustedYou, on your own position; there is no tranche and no other user's capital in front of yours
Where hedges runCentralized exchanges via off-exchange custody, plus onchain venuesHyperliquid, from your wallet
ExitRedeem through Resolv subject to its eligibility rules and fees, or sell on a DEXNo fixed lock-up documented; revoke access, exit the strategy, withdraw to your own address
Best fitUsers who want a transferable, composable token and a choice of senior or junior exposureUsers who want the basis trade held individually, with no issuer between them and the position

What is Resolv?​

Resolv issues USR, a dollar-pegged token backed by ETH and BTC collateral that the protocol hedges with short perpetual positions. Price moves in the collateral cancel against the shorts, and what remains is funding on the hedge plus staking rewards on the collateral.

How Resolv's tokens work​

  • USR is the stablecoin. Holding it earns nothing by itself; it is the unit the other two tokens are built around.
  • stUSR is staked USR. Stakers receive the senior share of the protocol's returns, distributed as additional USR.
  • RLP is the Resolv Liquidity Pool token. It is the junior tranche: RLP holders take losses first when funding goes negative or a hedge venue fails, and receive a larger share of the returns in exchange. RLP's price floats with the pool's net asset value.
  • Hedges are held partly on centralized exchanges through off-exchange custody arrangements and partly on onchain venues. That spreads venue risk and adds counterparty exposure that is not visible from the token alone.
  • Minting and redeeming run through Resolv's app, subject to its eligibility rules and redemption fees. Secondary liquidity exists on DEXs, at whatever price the market offers.

The tranche is the product's main design choice. It lets USR and stUSR holders sit behind a buffer, and it lets RLP holders lever up on the same trade. Both are claims on one pooled book managed by the protocol.

Deploy Finance: the same trade, held by you​

Deploy Finance runs autonomous trading agents funded and settled in USDC, held per user rather than pooled. The live agents are Income: Funding Rates and Superstar.

Deploy Finance's live features​

  • Income: Funding Rates: a market-neutral agent that holds a delta-neutral position, long the asset and short its perpetual on Hyperliquid, and collects funding. The agent manages the hedge autonomously.
  • Superstar: a directional agent that takes long or short positions on large-cap perpetuals under its defined strategy.
  • Self-custodial agent wallet: your USDC stays in a wallet you control. The agent receives a scoped, revocable session key that can trade on whitelisted venues and cannot transfer or withdraw funds.

With Resolv you decide which tranche to hold and the protocol runs one book for everyone. With Deploy you hold no token; the agent runs a position in your wallet and the result is yours alone. There is no RLP-style buffer in front of you, and no one else's losses can reach your balance either.

Resolv's returns include staking rewards on ETH collateral and funding from several venues. Income: Funding Rates earns funding on Hyperliquid. When funding across the market compresses, both earn less.

You sign in with email or Google, fund the wallet with USDC, choose an agent, and approve the trading permission.

When should you choose Deploy Finance or Resolv?​

Choose Deploy Finance when:

  • You want the basis trade held individually in your own wallet rather than as a share of a protocol's book.
  • You do not want an issuer, a redemption process, or an eligibility check between you and your capital.
  • You want a single exposure with no tranche to choose and no other holder's position ahead of yours.
  • You want the hedge run on a decentralized venue you can inspect, rather than partly on centralized exchanges.

Choose Resolv when:

  • You want a transferable token you can move, lend, or use as collateral across DeFi.
  • You want to choose between senior (stUSR) and junior (RLP) exposure to the same trade.
  • You want the buffer that RLP provides in front of USR and stUSR.
  • You want yield that includes staking rewards on the collateral, and you accept the centralized-exchange counterparty exposure that comes with the hedging model.

Same trade, different wrapper: Resolv tokenizes a pooled basis trade with a loss-absorbing tranche. Deploy Finance runs the basis trade as an agent inside your own wallet. No integration between the products is implied.

Risks on each side​

Resolv exposes you to negative funding that exhausts RLP and reaches USR, to centralized-exchange and off-exchange custody counterparty risk, to collateral staking risk, to smart-contract risk, to redemption eligibility and fees, and to depeg risk on secondary markets.

Deploy Finance exposes you to funding compression or reversal with no tranche in front of you, hedge slippage, liquidation risk on the perpetual leg, Hyperliquid venue risk, wallet-infrastructure risk, and delegated-execution risk. A delta-neutral objective reduces directional exposure; it does not remove any of these.

Two ways to use Deploy Finance​

Income: Funding Rates

Choose this agent if you want the funding trade Resolv runs, held in your own wallet without a token or tranche.

Superstar

Choose this agent for directional exposure, which a stablecoin protocol does not offer.

Learn more​

Start with Deploy Finance​

Create a self-custodial Deploy Finance wallet and review the live agents.