# Resolv Liquidity Provider Token (RLP)

> Resolv is a protocol that maintains USR, an overcollateralized stablecoin natively backed by Ether (ETH). USR achieves its peg by hedging its collateral pool and maintaining a tokenized insurance fund called RLP. Users can stake USR to obtain the yield-bearing version called stUSR. USR is minted by depositing liquid assets, such as USDC or USDT, on 1:1 value basis. When USR is redeemed, a user receives a 1:1 equivalent to the notional amount.

RLP:
ETH portfolio backs USR with a more than 100% ratio. Excess part of collateral acts as a backing for RLP - Resolv Liquidity Pool. Key features of RLP:
RLP is designed to protect USR from market and counterparty risks. In exchange, RLP users receive higher portion of profits of the collateral pool.
RLP has a price, representing value of ETH backing a single unit of RLP token;
RLP price can vary. Collateral required for minting or redemption is based on the latest price;

## Price Data

- **Current Price**: $0.40
- **Market Cap**: $11.98M
- **Fully Diluted Valuation**: $11.98M
- **Circulating Supply**: 30.00M RLP
- **Total Supply**: 30.00M RLP

## Price Changes

- **24h**: -0.11%
- **30d**: -0.40%
- **90d**: -0.69%
- **365d**: -0.66%

## Chain Availability

Available on: arbitrum, base, berachain, binance-smart-chain, ethereum, hyperevm, plasma, soneium

## Resources

- [Website](https://www.resolv.xyz)
- [Coingecko](https://www.coingecko.com/en/coins/resolv-rlp)
- [Dex.guru](https://dex.guru/token/eth/0x4956b52ae2ff65d74ca2d61207523288e4528f96)

## Links

- [View on Zerion](https://app.zerion.io/tokens/RLP-35e11d26-898a-4532-abe8-d06cce6e8782)
- [Trade on Zerion](https://app.zerion.io/tokens/RLP-35e11d26-898a-4532-abe8-d06cce6e8782)

## Data Source

This data is provided by the **Zerion API**. Developers can access real-time token prices, market data, charts, wallet positions, and DeFi data programmatically.

- API Documentation: https://developers.zerion.io
- Get this token's data via API: https://developers.zerion.io/api-reference/fungibles/get-fungible-asset-by-id
- Price Charts API: https://developers.zerion.io/api-reference/fungibles/get-a-chart-for-a-fungible-asset