🔥JLP Delta Neutral Vault
Highest USDC real yield in the market.
Last updated
Highest USDC real yield in the market.
Last updated
The JLP Delta Neutral (DN) Strategy offers a unique and high-performing way to generate stable returns by completely hedging market exposure through advanced quantitative and systematic methods. This approach enables stable, consistent returns by collecting fees from Jupiter perpetual contracts (perps) on an hourly basis.
Here's how it stands out compared to other stablecoin yield options in the market:
Lending Yields on Aave (USDC): Typically, 3-4% APY
Ethena (sUSDe): ~4.5% APY, doing funding rate arbitrage on BTC and ETH on multiple exchanges
Kamino JLP Market (USDC): Offers around 7.5% APY, with the risks of bad debt if liquidations are not performed quick enough
Other Yield Vaults : Yields range from 3-10% APY, but much of this is artificially boosted by reward tokens, or some are even losing money
By comparison, the JLP DN Strategy delivers a real yield of >30% APY consistently, primarily generated from trading fees, borrowing fees, and liquidation fees earned from traders engaging with Jupiter perps.
This strategy offers one of the best risk-adjusted returns in the market. It leverages well-established platforms like Drift and Jupiter, both of which are known for their thorough auditing and reliability.
Unlike other yield farming opportunities, which often involve risks like bad debt from lending, slashing risks from restaking protocols, and exposure to smart contract failures, liquidity issues, or impermanent loss, the JLP DN Strategy mitigates these risks, offering a more secure and reliable way to earn high returns.
https://neutraltrade.medium.com/risks-of-the-jlp-delta-neutral-strategy-294d0899ece4