The JLP Delta Neutral strategy earns trading, borrowing, and liquidation fees from JLP (Jupiter Liquidity Provider). These are earned from traders trading on Jupiter. Through dynamic hedging, this strategy removes JLP's directional exposure. The strategy is monitored 24/7 systematically and dynamically leveraged based on predicted fees with minimum delta exposure.
While delta exposure is hedged, you are exposed to JLP yield and funding rates (hedging positions). Both of these exposures dictate overall returns.
Depositors are eligible for 2x NT points.
JLP Delta Neutral is now in reduce-only mode.