Users deposit collateral to mint NXUSD or earn passive income; borrowers take over-collateralized positions, with the peg maintained via collateralization and liquidations.

Nereus Finance is a decentralized, non-custodial liquidity market protocol on Avalanche. It issues NXUSD, an over-collateralized USD-pegged stablecoin, and lets depositors earn yield while borrowers access liquidity.

Nereus Finance is a DeFi team operating a liquidity market and stablecoin protocol on Avalanche.