Neutrl Opens NUSD Redemptions at 51 Cents as Strata Junior Tranche Faces Wipeout

MonitoringCryptoProtocol changeFirst tracked 2026-09-18Last changed 2026-09-18

Current outcome

Neutrl opened NUSD redemptions at 51 cents while Strata's junior tranche (jrNUSD) was written to zero and senior tranche withdrawals settle in sNUSD at revised share values.

Progress timeline

1 material updates

#0109.18
Initial2026-09-18 17:26 · publication time
Neutrl Opens NUSD Redemptions at 51 Cents as Strata Junior Tranche Faces Wipeout
Neutrl opened NUSD redemptions at 51 cents while Strata's junior tranche (jrNUSD) was written to zero and senior tranche withdrawals settle in sNUSD at revised share values.
Source evidence: The Defiant

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