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Lulo Says Boost Deposits Face 6.4% Drawdown From Neutrl Exposure
Published Source: The DefiantRead original
Crypto Insight Summary: Protected deposits are unaffected, Lulo says, while Neutrl's redemption contract offers 0.51 USDC per NUSD. Crypto Insight Analysis: Direction: Bearish Neutrl Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: 6.4% drawdown in Neutrl's deposits indicates short-term instability.