Neutrl USD

NUSD Price

About Neutrl USD (NUSD)

Neutrl USD (NUSD) is a market-neutral synthetic dollar designed to capture sustainable onchain yield from OTC and altcoin markets without directional market risk.

• Delta-Neutral Strategy: Employs actively managed strategies like OTC arbitrage and funding rate capture to generate yield regardless of market direction.
• Institutional-Grade Security: Utilizes institutional custodians, policy-based approvals, and continuous onchain monitoring for risk-minimized architecture.
• Verifiable Transparency: Features real-time NAV updates and fully collateralized reserves that are independently verifiable onchain.

What Is Neutrl USD

Neutrl USD is a crypto-native asset management primitive that transforms institutional-grade structural arbitrage into a liquid onchain asset. It is designed to unlock yield opportunities that were previously reserved for institutional desks, specifically targeting inefficiencies in Over-the-Counter (OTC) flow and altcoin funding rates.

The protocol operates by deploying collateral into diversified, market-neutral DeFi strategies. These include liquid basis trading, where the difference between spot and futures prices is captured, and exclusive OTC arbitrage. By removing directional exposure, Neutrl aims to provide a stable value proposition that scales with the growth of decentralized finance (DeFi) ecosystems while maintaining a constant peg to the US Dollar.

What Makes Neutrl USD Unique

• Exclusive OTC Access: Leverages proprietary access to OTC flow to capture arbitrage opportunities not available to general market participants.
• Onchain Verifiability: Unlike traditional asset managers, Neutrl provides real-time visibility into its reserves, collateral composition, and strategy performance through onchain dashboards.
• Market-Neutral Resilience: The delta-neutral design is specifically engineered to deliver consistent performance in both bull and bear market conditions by hedging directional price movements.
• Institutional Backing: Supported by major industry players including Nascent, Figment Capital, and Susquehanna (SIG), ensuring high standards of operational oversight.

What Can You Use Neutrl USD for?

As a stablecoin, Neutrl USD serves the following primary use cases:

1. Value retention: It allows users to hold a digital, onchain representation of the US Dollar, reducing exposure to the inherent volatility of the cryptocurrency markets.
2. Yield generation: Users can stake NUSD to receive sNUSD, which accrues yield generated from the protocol's delta-neutral strategies, such as funding rate capture and OTC arbitrage.
3. Cross-border settlement / value transfer: NUSD facilitates international remittances and global trade by enabling the frictionless transfer of US Dollar value across blockchain networks.
4. Collateralization: The asset can be used as backing for various borrowing and lending protocols or as margin for decentralized derivatives trading.

How Does Neutrl USD Work?

Neutrl USD functions as a synthetic asset backed by a basket of collateral. When a user mints NUSD, their collateral is deployed into the protocol’s treasury, which is managed via institutional-grade custodians like Fireblocks and Ceffu. The protocol then executes delta-neutral strategies—positions where the total value does not change with the price of the underlying asset.

For example, the protocol may buy an asset on the spot market and simultaneously sell a perpetual future of the same asset. This removes price risk while allowing the protocol to collect the "funding rate"—a periodic fee paid between traders to keep the perpetual price aligned with the spot price. As an application utility token, the asset is designed for high-performance yield generation, with protocol service fees applied to specific operational actions like redemption.

Team Info and Investors

Neutrl is developed by Neutrl Lab. The project is backed by a group of prominent institutional investors, including Accomplice, Amber Group, Figment Capital, Nascent, STIX, and Susquehanna (SIG). The protocol’s security is managed through partnerships with firms like Cantina, Spearbit, and Sherlock for audits, and Hypernative for real-time threat detection. Governance and operational actions are governed by policy-based approvals and institutional-grade custody solutions.

Where can you buy Neutrl USD?

NUSD tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Neutrl USD is Curve (Ethereum), where the most active trading pair NUSD/USDC has a trading volume of $1,068,994.57 in the last 24 hours.

What is the daily trading volume of Neutrl USD (NUSD)?

The trading volume of Neutrl USD (NUSD) is $1,068,981.14 in the last 24 hours, representing a -8.50% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Neutrl USD (NUSD)?

Neutrl USD (NUSD) reached an all-time high of $1.03 and an all-time low of $0.9754. It’s now trading -3.00% below that peak and 2.50% above its lowest price.

What is the market cap of Neutrl USD (NUSD)?

Market capitalization of Neutrl USD (NUSD) is $88,134,958 and is ranked #284 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of NUSD tokens (88 Million tokens are tradable on the market today).

What is the fully diluted valuation of Neutrl USD (NUSD)?

The fully diluted valuation (FDV) of Neutrl USD (NUSD) is $88,134,958. This is a statistical representation of the maximum market cap, assuming total number of 88 Million ETH tokens are in circulation today.

How does the price performance of Neutrl USD compare against its peers?

With a price increase of 0.10% in the last 7 days, Neutrl USD (NUSD) is outperforming the global cryptocurrency market which is down -2.20%, while outperforming when compared to similar Stablecoins cryptocurrencies which are down -0.20%.

How to add Neutrl USD (NUSD) to MetaMask?

Adding Neutrl USD (NUSD) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import NUSD as a token. You can copy NUSD’s contract address (0xe556aba6fe6036275ec1f87eda296be72c811bce) and import it manually, or if you've installed MetaMask's chrome extension, add NUSD to MetaMask with one click on CoinGecko.

Add NUSD to MetaMask.