Page cover

💥Hyper JLP

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.

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

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.

Check Trades (Drift):


Hyper JLP launch date — 3rd May 2025

Last updated