About this episode
Behrin is the Founder of Neutrl Labs.In this episode, Behrin reveals how Neutrl is bringing a new yield to DeFi with asymmetric stablecoin returns powered by OTC arb strategies. We explore how their synthetic dollar NUSD and the yield-bearing form sNUSD work, why it reminds us of Ethena, and what makes their approach stand out in today’s market.------🔗 Essential Show Links 🔗► Newsletter: https://the-edge.xyz► Youtube: https://youtube.com/@DeFiDad► Apple: https://tinyurl.com/edgepod► Spotify: https://tinyurl.com/edgepodspotify► Linktree: https://linktr.ee/edge_pod► Follow DeFi Dad: https://x.com/DeFi_Dad► Follow Nomatic: https://x.com/Nomaticcap► Learn DeFi: http://defidad.com/------The Edge Podcast Sponsor Resources♦️ REDSTONE | THE LEADING MODULAR BLOCKCHAIN ORACLE♉︎ TOROS | EXPONENTIAL GAINS WITH LEVERAGED TOKENS🌞 SOLSTICE | PERMISSIONLESS INSTITUTIONAL YIELD🥞 SYRUPUSDC BY MAPLE | DEFI'S PREMIUM YIELD ASSET🦅 FALCON | OVERCOLLATERIZED SYNTHETIC DOLLAR - POINTS PROGRAM NOW LIVE🏦 MANTLE | INNOVATING THE FUTURE OF ONCHAIN FINANCE🐡 PUFFER INSTITUTIONAL | STAKING SOLUTIONS FOR INSTITUTIONAL SCALE🌊 RIVER | A CHAIN-ABSTRACTION STABLECOIN SYSTEM⚙️ GEARBOX PROTOCOL | ONCHAIN LENDING REIMAGINED------Timestamps0:00 - Intro7:46 - Behrin’s background8:54 - Overview of OTC arbitrage strategy10:50 - The mission at Neutrl12:44 - The market conditions for Neutrl’s trading strategies14:23 - Who does Neutrl work with?15:40 - Average duration and terms for OTC deals underpinning Neutrl16:37 - Example of a Neutrl strategy19:15 - Sponsor break 20:15 - Will Neutrl strategies work in a bull, bear, flat market?21:49 - Can Neutrl’s trading system benefit foundations selling tokens?23:55 - Composition of Neutrl’s yield strategies25:42 - Could a token dumping benefit the Neutrl OTC strategy?29:07 - Which tokens fit Neutrl’s criteria for the strategy?30:57 - Dumbing down the Neutrl OTC arb 3