SOL logo

sol

Network: solana

Projected APY

Current TVL

Max Capacity

2,000,000

Vault Performance

Vault Documentation

Strategy Details

Strategy Description

This SOL Super Staking Vault aims to earn trading fees, borrowing fees and liquidation fees from traders trading on Jupiter perp DEX, while hedging BTC and ETH exposure and creating a SOL directional exposure in the process. The strategy is monitored 24/7 systematically with a max 2% delta exposure.

Strategy Details Link

Utilized Protocols

jupiter icon

Largest decentralized spot and perpetual exchange on Solana that supports low swap fees and zero price impact trades with 650m+ AUM and 400m+ daily trading volume.

drift icon

Leading perp dex on Solana with 400m+ TVL. Drift brings on-chain, cross-margined perpetual futures to Solana.

Utilized Tokens

jupiter icon

The JLP token is the liquidity provider token for Jupiter Perp DEX where its value is derived from: (i) An index fund of SOL, ETH, WBTC, USDC, USDT, (ii) Trader's profit and loss, (iii) 75% of the generated fees from opening and closing fees, price impact, borrowing fees, and trading fees of the pool.

btc icon

Part of the JLP's composition. BTC exposure is hedged to maintain delta neutrality while benefiting from fees generated by trading activity.

eth icon

Part of the JLP's composition. ETH exposure is hedged to maintain delta neutrality while benefiting from fees generated by trading activity.

sol icon

The coin deposited by users into the vault.

dsol icon

The dSOL (Drift Staked SOL) maintains full directional exposure to SOL, is intentionally not hedged, and earns yield from Solana inflation and MEV opportunities.