NUSD vaults
- This stablecoin does not have a price feed available at the moment and we are unable to display peg/depeg rates.
About NUSD vaults
Neutrl USD NUSD is used in 3 stablecoin vaults with $22.9M TVLacross 1 protocol. The largest vaults are Staked NUSD, Upshift NUSD, Strata Senior NUSDand the most popular vault protocol is Upshift. The last 30 days' average yield is 0.0%.
2 vaults are excluded from this ranking due to minimum TVL requirements or risk issues.
About Neutrl USD
Neutrl USD (NUSD) is a market-neutral synthetic dollar on Ethereum designed to unlock yield from OTC arbitrage, funding rate inefficiencies, and DeFi-native market-neutral strategies. It is issued by Neutrl at neutrl.fi.
NUSD is issued by Neutrl, a DeFi protocol on Ethereum. According to their documentation, NUSD is "a market-neutral synthetic dollar designed to unlock untapped yield opportunities in OTC and altcoin markets."
Mechanism
- Delta-neutral design — the protocol hedges price exposure to maintain the dollar peg
- Yield comes from OTC arbitrage, funding rate inefficiencies, and DeFi-native strategies
- sNUSD (Staked NUSD) is the yield-bearing variant
- Note: the original
neutrl.comdomain has expired; the active domain isneutrl.fi
Key contracts (Ethereum)
- NUSD:
0xE556ABa6fe6036275Ec1f87eda296BE72C811BCE - sNUSD:
0x08EFCC2F3e61185D0EA7F8830B3FEc9Bfa2EE313
Note on NUSD duplicates
There is also a separate legacy token, Neutral Dollar (NUSD) by Neutral Project
(0x0C6144c16af288948C8fdB37fD8fEc94bfF3d1d9), a stablecoin basket project from 2018–2019
that is now defunct (22,096 tokens, 97 holders, no activity).
Status
Active on Ethereum with approximately 210 million NUSD in circulation and 534 holders
as of early 2025. The neutrl.fi domain is operational; neutrl.com has expired.
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Performance and risk
The vaults on the listing are limited to the current category. See all vaults.
| 3M price | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Strata Senior NUSD Unknown vault protocol | 842.4%* | 118.2%* | 23.8%* | 2.1 | 40.8% | 0.0% | NUSD | $186.19K $9.91M | 0.6 | --- | Capped | Unknown |  | ||
Staked NUSD Unknown vault protocol | 0.0%* | 1.8%* | 6.4%* | 16.9 | 0.1% | 0.0% | NUSD | $21.16M $189.19M | 1.0 | --- | Unknown | Unknown |  | ||
Upshift NUSD Upshift | 0.0% | 0.4% | 2.5% | 4.1 | 0.1% | -0.3% | NUSD | $1.54M $75.10M | 0.8 | 0.5%/ 0.0% | 3d | Severe |  |
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