Neutral Trade Makes Hedge Fund Strategies Onchain for All

Built by quants and traders from Goldman Sachs and a top 3 global hedge fund, Neutral Trade is a new onchain hedge fund deploying hedge fund strategies for anyone to access permissionlessly. In this Yield Talks, we explore their flagship JLP-powered delta neutral vaults, a non-custodial solution leveraging Drift’s perpetual markets to deliver double-digit real yields for USDC, SOL, ETH, and wBTC. Dive in to learn how advanced quantitative strategies could scale to serve millions of DeFi users onchain and what’s next for Neutral Trade, including a future token and points program.

Thanks to our sponsors for making it possible to produce and share all this content for free. We’re proud to have each of them onboard so please be sure to check them out!

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Timestamps

0:00 - Intro

1:32 - What is Neutral Trade?

3:50 - Background of Neutral Trade team

6:54 - What is JLP and how Neutral Trade strategies offers real yield?

14:08 - Partner mid-roll

16:45 - How does Neutral Trade earn double-digit real yields for USDC, SOL, ETH, and wBTC?

23:15 - Who/what executes Neutral Trade strategies onchain?

25:43 - What could hamper the performance of these JLP-based strategies?

31:38 - Mantle mid-roll

32:19 - Future Neutral Trade token and points program

33:37 - Would Neutral Trade ever tokenize a basis trade like Ethena?

34:20 - Will you ever incorporate AI agents creating strategies?

37:27 - Risks to using Neutral Trade

41:21 - Closing + New strategies coming

🔗 Guest Links 🔗

► Neutral Trade Website: https://www.neutral.trade/

► Neutral on X/Twitter: https://x.com/TradeNeutral

► Jiang on X/Twitter: https://x.com/jiangjenga

• Follow @DeFi_Dad on X (Twitter)

• Follow @Nomaticcap on X (Twitter)

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Disclosure: DeFi Dad is an investor in Neutral Trade.