Our vision: DeFi is broken and real yield is non-existent. Points-based token incentives have overinflated many DeFi projects, causing the majority to draw down over 80% in value over the last 12 months.

Ethena’s USDe was a massive success as it tokenized the basis trade for majors, unlocking the concept of a synthetic “dollar” backed by delta-neutral strategies.

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Fundraise: On April 16, 2025, Neutrl closed a $5 million seed round led by STIX and Accomplice, with participation from Amber Group, SCB Limited, Figment Capital, and Nascent, as well as angel investors including Ethena founder Guy Young and derivatives trader Joshua Lim.

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Neutrl’s basket of delta-neutral strategies enables a transparent, high-yield product onchain while remaining neutral to market volatility: $NUSD

Public access for $NUSD will be open soon!

We’re just getting started.

Read the full announcement here

Follow us → @neutrl_labs
Reach out for more information on how to join us → From neutrl.fi