NUSD

Neutrl USD

NUSD
Crypto-backed USD-pegged Rank #43

Price

$0.998636

-0.14% off peg

Market Cap

$140.72M

Market Cap

$140.72M

Dominance

0.04%

of market

Price

$0.998636

% Off Peg

-0.14%

24h Supply

-1.18%

7d Supply

-2.97%

30d Supply

-8.94%

Networks

1

chains

Circulating Supply

Total NUSD across all chains

$231.49M
$141.38M
Feb 4, 2026
Jun 2, 2026

Chain Distribution

Current supply by network

Ethereum
$141.11M 100.0%

About Neutrl USD

Neutrl USD (NUSD) is a crypto-native synthetic dollar designed to deliver market-neutral yield while maintaining price stability. It is backed by a diversified, overcollateralized portfolio that combines discounted OTC-acquired crypto assets, liquid stablecoin reserves, and delta-neutral positions, with on-chain transparency and risk management at its core.

Mint & redeem

Users can mint NUSD by depositing supported collateral into the protocol, which is deployed across a delta-neutral portfolio designed to maintain a stable USD peg. Price stability is achieved through fully hedged OTC positions, liquid stablecoin reserves (such as USDC, USDT, and USDe), and duration-matched liquidity management. NUSD can be redeemed against underlying reserves, with peg maintenance supported by arbitrage incentives, dynamic hedging adjustments, and the rapid deployment of liquid reserves during periods of market stress.

Data via DefiLlama & CoinGecko. Figures update periodically and may differ slightly from other trackers. Not investment advice.