Neutrl USD NUSDPrice $ 0.9990

Neutrl is a market-neutral synthetic dollar designed to unlock untapped yield opportunities in OTC and altcoin markets. Neutrl leverages OTC arbitrage, funding rate inefficiencies, and DeFi-native market-neutral strategies to provide a single, high-yield access point for capital allocators.

Neutrl's NUSD is not the same as a fiat stablecoin like USDC or USDT. This means that the risks implicated by interacting with NUSD are inherently different.

Minting NUSD

• Currently NUSD minting is via a permissionless process. NUSD is minted by depositing liquid assets, such as USDC, USDT or USDe, on 1:1 dollar value basis.

• NUSD can also be bought on the secondary market via different liquidity venues.

Redeeming NUSD

• Approved KYB/KYC counterparties may redeem NUSD for backing assets (USDC, USDT, or USDe) at a 1:1 USD value basis. Upon redemption, the protocol burns the corresponding NUSD tokens and transfers the equivalent value in the selected backing asset to the user. Currently NUSD redemptions are only open to users who have passed relevant KYC procedures with the protocol.

Liquidity Management

• The protocol employs a dynamic liquidity management system through the AssetReserve contract, optimizing between capital efficiency and redemption availability.

Instant Redemptions

• The AssetReserve maintains a dynamically calibrated liquid buffer designed to serve immediate redemption requests. When the requested redemption amount falls within the available buffer capacity, transactions are processed instantly with no delays.