Neutrl USD (NUSD) stablecoin analytics
Answer First
What is Neutrl USD (NUSD)?
Neutrl's synthetic dollar: minting and redemptions paused 2026-08-13 for reserve-liquidity review; early-redemption process pending review 2026-08-29. The static profile records its US Dollar peg mechanism as: As of 2026-08-13, state that NUSD minting, redemptions, and other protocol functions were paused for a reserve-liquidity review. As of 2026-08-29, the proposed early-redemption path was still pending a new contract, audit, and...
Is NUSD safe?
Pharos does not assess NUSD as safe: it holds a D Safety Score grade (48/100) in the latest published rating, which flags significant structural risk. Static metadata says Neutrl USD uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with curated reserve profile; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Static Profile
Static stablecoin profile
Neutrl USD (NUSD) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg US Dollar.
AI summary / Updated Sep 7, 2026
Neutrl's NUSD is a delta-neutral synthetic dollar whose reserves, per the Accountable dashboard's last verifiable snapshot of 13 August 2026, were a little over half liquid stablecoins, with the rest in OTC aggregate positions, Jupiter JLP, protocol-owned liquidity, and an undisclosed other bucket. On that same day Neutrl paused minting, redemptions, and other protocol functions for a reserve-liquidity review; as of 29 August the proposed early-redemption path was still waiting on a new contract, an audit, and...
AI summary · drafted by claude-fable-5-1 · facts as of Sep 7, 2026
- Collateral
- Accountable currently shows reserves concentrated in liquid stablecoins, with smaller OTC aggregate and other hedged reserve assets; Neutrl describes NUSD as a fully collateralized synthetic dollar backed by delta-neutral strategies and other crypto assets
- Peg Mechanism
- As of 2026-08-13, state that NUSD minting, redemptions, and other protocol functions were paused for a reserve-liquidity review. As of 2026-08-29, the proposed early-redemption path was still pending a new contract, audit, and legal/financial review. Retain the permissionless-mint/KYC-redemption description only as the pre-pause design.
- Jurisdiction
- Not disclosed in the static profile.
- Proof Of Reserves
- No proof-of-reserves entry in the static profile.
Next Actions
Exact bot target: /subscribe dews,depeg,safety nusd-neutrl
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated Sep 7, 2026.
NUSD quick answers
What is Neutrl USD (NUSD)?
Neutrl's synthetic dollar: minting and redemptions paused 2026-08-13 for reserve-liquidity review; early-redemption process pending review 2026-08-29. The static profile records its US Dollar peg mechanism as: As of 2026-08-13, state that NUSD minting, redemptions, and other protocol functions were paused for a reserve-liquidity review. As of 2026-08-29, the proposed early-redemption path was still pending a new contract, audit, and...
Is NUSD safe?
Pharos does not assess NUSD as safe: it holds a D Safety Score grade (48/100) in the latest published rating, which flags significant structural risk. Static metadata says Neutrl USD uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with curated reserve profile; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
What backs NUSD?
Pharos classifies NUSD backing as Crypto-Collateralized. Collateral, per the static profile: Accountable currently shows reserves concentrated in liquid stablecoins, with smaller OTC aggregate and other hedged reserve assets; Neutrl describes NUSD as a fully collateralized synthetic dollar backed by delta-neutral strategies and... Reserve evidence: curated reserve profile.
Can NUSD be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. Live freeze and blacklist events for NUSD, when applicable, appear in the dossier below.
