Neutrl USD

Neutrl USD (NUSD) is a synthetic stablecoin designed to maintain a value close to one US dollar while generating yield through market-neutral strategies. It is intended for both institutional and individual users who want exposure to dollar-denominated returns without taking directional bets on crypto prices. The project claims to address the challenge of finding sustainable on-chain yield by combining over-the-counter arbitrage, funding rate capture, and similar strategies that do not depend on markets moving in any particular direction.

NUSD lives within the Ethereum ecosystem and is described as fully collateralized, meaning each token is backed by assets intended to support its dollar peg. The yield it targets comes from market-neutral DeFi strategies rather than from a traditional lending or algorithmic mechanism, so the token itself functions as a claim on that collateralized, yield-bearing position. No consensus algorithm or block time is recorded for NUSD itself, as it operates as a token on an existing blockchain rather than running its own network.

The data stored here does not include a fee stream, revenue figure, or protocol earnings for NUSD, so fee-based measures common on this site are not applicable. The circulating supply tracked by this site stands at 32,084,383.2 NUSD at the current point in time, while the broader reported circulating supply is 53,390,061.79 NUSD, reflecting a supply issued percentage of 166.71 relative to the figure this site tracks. The 30-day change in the stablecoin circulating supply recorded here is negative 28.84 percent, indicating a meaningful contraction over that period. Because no fee data is available, any assessment of protocol revenue or value accrual to token holders cannot be drawn from the figures on this page.