sol
Network: solana
Current TVL
Max Capacity
2,000,000
Vault Performance
Vault DocumentationStrategy 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
Utilized Tokens
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.
Part of the JLP's composition. BTC exposure is hedged to maintain delta neutrality while benefiting from fees generated by trading activity.