In a market battered by headwinds since mid-October, some teams refuse to stall. Neutrl stands out as a prime example—the protocol has crossed the $200M milestone in stablecoin deposits on Ethereum, demonstrating solid momentum even as conditions tightened. What's catching attention is their execution: running OTC arbitrage strategies for sNUSD holders, turning volatility into opportunity. It's the kind of resilience worth tracking when most players are hunkering down.

ETH-1,92%
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