Fluid: 100% of the bad debts in the short-term loan coverage agreement have been secured, and user funds are unaffected.

According to Mars Finance, Fluid announced on its X platform that the team has secured short-term loans sufficient to cover 100% of the protocol's current bad debt. These funds were pledged by Lomashuk, cyberfund, weremeow, and the Fluid core team to ensure user fund safety. ResolvLabs has confirmed it will cover all USR positions incurred prior to the security incident and will open necessary redemptions to close related debt positions. Furthermore, several investors have expressed interest in purchasing FLUID from the Treasury to further strengthen the protocol's backup measures should additional funds are needed. Fluid smart contracts are functioning normally, all other markets are operating normally, and the protocol's safeguards remain in effect. Users may experience temporary interest rate fluctuations during the liquidation period.