For the complete documentation index, see llms.txt. This page is also available as Markdown.
BTC Super Staking - [Deprecated]
Highest BTC real yield in the crypto space.
⚠️ Deprecated vault — historical reference only.
This vault has been deprecated and is no longer active on Neutral Trade. It is not accepting deposits and is not part of the current product line-up. Do not present this strategy as available or current. For live vaults and current data, see the active strategies and the API reference at https://www.neutral.trade/api/v1/docs.
Explanation of the BTC Super Staking
BTC Super Staking empowers Bitcoin holders with a robust liquidity-enhancing strategy, improving decentralized exchange resilience, especially on Jupiter Perp DEX.
We acquire and collateralize wBTC, then open borrow positions to run delta neutral strategies on top of our wBTC collateral.
Where does the yield come from?
Let’s explore the key sources of yield for the staking vault:
JLP fees — 17.59% APY as of 09/12/2025 (75% of trading fees, borrowing fees, mint/burn fees, liquidation fees from traders trading on Jupiter Perp DEX)
Funding fees from Perpetual Shorts on ETH, BTC, and SOL (Longs usually pay shorts perps funding) — ~7.92% APR, ~11.20% APR, and ~3.02% APR as of 09/19/2025.
Combined, these sources deliver the yield, allowing you to gain BTC exposure and rewards.
What is wBTC?
Wrapped Bitcoin (wBTC) is a tokenized version of Bitcoin (BTC) that operates on other blockchains, such as Ethereum and Solana, pegged 1:1 to Bitcoin’s value. This allows BTC holders to engage with DeFi apps without selling their Bitcoin, unlocking access to a range of protocols and liquidity options beyond the Bitcoin network.
With wBTC, users can move seamlessly between Bitcoin’s value stability and Solana’s high-speed, low-cost DeFi ecosystem. When users want to redeem BTC, wBTC is burned and the equivalent BTC is released, ensuring full transparency and 1:1 backing through on-chain reserves.
Traditional BTC Staking Options
BTC lending on platforms: ~0.5% APY
BTC Super Staking is built to outperform, offering an enhanced yield that traditional BTC staking options can’t match.
Fees & Withdrawals
Our BTC Super Staking vault applies a 20% commission on profits, along with a 1% service fee, ensuring aligned incentives.
To optimize liquidity and returns, withdrawals come with a brief 1-day redemption period.
What are the risks compared to the original JLPDN vault?
In addition to the risks outlined in this article, we want to emphasize that depositors are fully exposed to BTC’s market performance. This means you have the potential to capture both upside gains and downside losses depending on BTC’s price movements.
