Staked NUSD · by Neutrl · stable
sNUSD is the staked, yield-bearing version of NUSD, Neutrl's fully collateralized market-neutral synthetic dollar. Yield is generated through OTC arbitrage, funding rate capture, and other market-neutral DeFi strategies with no directional market exposure.
Spiral Stake supplies sNUSD as collateral on Morpho, borrows a correlated asset against it, and recycles that back into more sNUSD — looping in a single transaction to amplify the underlying OTC Arbitrage yield. Because the assets are price-correlated, the position targets a higher APY rather than a directional bet, with every cost and liquidation threshold shown upfront.
Leveraged sNUSD yield is a strategy that loops sNUSD on the Morpho lending protocol to multiply your exposure to its OTC Arbitrage yield. Spiral Stake executes the whole loop in a single transaction.
sNUSD earns yield from OTC Arbitrage, issued by Neutrl. Looping amplifies that base yield.
Leveraged positions carry liquidation risk if collateral value falls relative to the borrowed asset, plus smart-contract and market risk. Every cost and liquidation threshold is shown before you confirm.
Live APY, leverage multiplier and available liquidity are shown in the app.