Panama City, Panama, April 17, 2025 (GLOBE NEWSWIRE) -- $NUSD, Neutrl’s synthetic dollar, offers stable and institutional-grade yields to professional investors by leveraging OTC discounts for major altcoins and delta-neutral hedging using perpetual futures Neutrl targets the $10 billion locked token trading market by democratising access to OTC arbitrage strategies through its market-neutral yield offering Neutrl, a DeFi protocol developing a scalable, market-neutral synthetic dollar called $NUSD targeting OTC arbitrage strategies, has raised USD $5 million in seed funding.
This is achieved by employing delta-neutral hedging using perpetual futures, through a dual approach balancing long and short positions to minimise exposure to market swings, allowing a higher margin of safety than traditional basis trades and enabling users to access premium returns from strategies presently reserved for institutional players. Locked token transactions soared past a record $10B in volume in 2024 (source: STIX), indicating the appetite for OTC arbitrage yields across altcoins.
It also engages autonomous risk systems, ensuring 100% liquidity and uptime and introducing a layer of liquidity over illiquid positions. "With a projected USD $2 billion in total value locked over the next 24 months, together we’re opening up exclusive private market strategies and making them accessible, transparent, and usable for a new generation of crypto users”, said Behrin Naidoo, Co-Founder of Neutrl.
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