# Hyper JLP - \[Deprecated]

## Strategy Description

Holding $JLP but not a fan of ETH, SOL (non-LST), wBTC, idle stablecoins, or Trader PnL? We’ve got something special just for you.

**Meet Hyper JLP!**

A yielding index based on JLP, but reimagined from the ground up.

<figure><img src="/files/5gCRkApdENf5LOKJ3NIG" alt=""><figcaption></figcaption></figure>

## Strategy Design

Hyper JLP is a basket of top-performing assets. Designed as a yield-bearing product, Hyper JLP provides exposure to top cap tokens while earning yield on top.

### Index Holdings:

* **HYPE**: Top-performing asset in a fast-growing ecosystem.
* **cbBTC**: BTC exposure with reduced counterparty risk via cbBTC.
* **dSOL**: Yield-bearing SOL LST.
* **JLP DN:** Delta-neutral strategy earning trading, liquidation, and borrowing fees.

### Yield Sources:

* Lending
* Staking
* Delta-neutral strategy

### Full Upside In Bull Markets

• **No trader PnL drag**&#x20;

**Hyper JLP** has no trader PnL exposure. This means in a rising market, you capture the full upside of the underlying tokens without subsidizing traders' gains.

<figure><img src="/files/1DF6in1RToSUmBx7Qa95" alt=""><figcaption></figcaption></figure>

## Deposit Link:

{% hint style="info" %}
<https://www.app.neutral.trade/strategies/hyperjlp>
{% endhint %}

### Check Trades (Drift):

{% hint style="info" %}
<https://app.drift.trade/?authority=A1B9MVput3r1jS91iu8ckdDiMSugXbQeEtvJEQsUHsPi>
{% endhint %}

***

Hyper JLP launch date — 3rd May 2025


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