Neutrl, a market-neutral synthetic dollar protocol focusing on unlocking untapped yield opportunities across altcoin and OTC markets, announced the adoption of LayerZero’s OFT standard on its network to allow multi-chain movements of its NUSD and sNUSD tokens.
Neutrl is a DeFi protocol providing market-neutral crypto yields through its synthetic dollar stablecoins (NUSD and sNUSD). Through this approach, Neutrl enables institutional investors and retail customers to earn passive yields through taking advantage of delta-neutral hedging and OTC arbitrage strategies. The Neutrl platform enables sophisticated and ordinary customers to use their altcoins to access private OTC markets, enabling them to deploy delta-neutral techniques and OTC arbitrage strategies, which traditionally reserved for institutional investors.
Neutrl Boosting NUSD and sNUSD Expansion
With different chains operating as isolated islands, fragmentation of the blockchain world continues to limit trading opportunities. NUSD and sNUSD stablecoins currently exist on Uniswap, BNB Chain, and Ethereum; their token supply across chains remains fragmented. Upgrading to the OFT standard resolves this problem by making NUSD and sNUSD omnichain assets and enabling efficient bridging to Neutrl’s protocol.
By integrating LayerZero‘s Omnichain Fungible Token (OFT) standard into its mainnet, Neutrl enables its users to seamlessly transfer NUSD and sNUSD across multi-chain blockchain networks. Using LayerZero’s interoperability protocol, the OFT standard connects liquidity across over 140 chains, enabling connectivity at scale for Neutrl-based assets.
Stablecoin Surge: Why Demands Are on the Rise
Neutrl’s adoption of the OFT standard comes when demand for synthetic stablecoins continues to rise. This happens because investors mainly rely on stablecoins to execute transactions in the DeFi landscape, providing them with dollar-stable value amidst crypto markets’ extreme volatility.
Mid-last month, on October 19, 2025, the total stablecoin supply climbed to a new ATH of $304.5 billion, currently standing at $302.33 billion, according to metrics sourced today from DeFiLlama. This reflects rising investor interest in DeFi assets and increased usage of stablecoins (like USDT, USDC, NUSD, sNUSD, and many others) to access decentralized markets and grow yields.
Powered by their synthetic dollar model, synthetic stablecoins (like Neutrl’s NUSD, Ethena’s USDe, etc.) continue to attract interest of DeFi customers, driven by their cutting-edge delta-neutral hedging strategies that combine staking with perpetual futures arbitrage.
