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@clydedevv clydedevv commented Oct 9, 2025

Name (to be shown on DefiLlama):

Supervaults

Twitter Link:

https://twitter.com/neutron_org

List of audit links if any:

https://github.com/neutron-org/duality-audits/blob/main/Informal%20Systems%20SuperVaults%20Audit%204%3A16%3A25.pdf

Website Link:

https://app.neutron.org/bitcoin-summer

Logo (High resolution, will be shown with rounded borders):

https://app.neutron.org/assets/duality.svg

Current TVL:

$3.48M

Treasury Addresses (if the protocol has treasury)

N/A - Supervaults are non-custodial vault contracts

Chain:

Neutron

Coingecko ID (so your TVL can appear on Coingecko, leave empty if not listed):
Coinmarketcap ID (so your TVL can appear on Coinmarketcap, leave empty if not listed):
Short Description (to be shown on DefiLlama):

Automated liquidity management vaults for concentrated liquidity pools on Neutron, managing positions across Bitcoin LSTs and major crypto assets.

Token address and ticker if any:

Each vault has its own LP token (factory tokens). No protocol governance token.

Category (full list at https://defillama.com/categories) *Please choose only one:

Yield

Oracle Provider(s): Specify the oracle(s) used (e.g., Chainlink, Band, API3, TWAP, etc.):

Neutron's oracle is a per-block price oracle system that operates without third-party dependencies as part of the blockchain's integrated infrastructure. Unlike traditional external oracle networks, Neutron's oracle is hardware-secured and consensus-guaranteed, providing price feeds directly at the protocol level.

Implementation Details: Briefly describe how the oracle is integrated into your project:

Supervaults integrate directly with Neutron’s enshrined oracle, using it as the backbone of their automated market-making system. Each block (~1s), they pull real-time prices from trusted off-chain venues before any other transactions, ensuring LPs trade on the most current data. LPs quote around the latest centralized exchange price while Supervaults take a small spread to hedge oracle timing risks and keep pricing competitive. The oracle link lets Supervaults rebalance and self-arbitrage every block—preventing frontrunning and redistributing profits to LPs. Because Neutron’s oracle operates at the protocol layer, execution is guaranteed within block boundaries, with direct state access and no reliance on external bridges or contracts.

Documentation/Proof: Provide links to documentation or any other resources that verify the oracle's usage:

https://docs.neutron.org/defi/supervaults

forkedFrom (Does your project originate from another project):

No

methodology (what is being counted as tvl, how is tvl being calculated):

Sums token balances from Supervaults indexer across all production vaults (excluding paused and test vaults with deposit_cap=0). TVL is calculated by summing amount_0 and amount_1 for each vault's token pairs.

Github org/user (Optional, if your code is open source, we can track activity):

neutron-org


Token Mappings Required

The following Bitcoin LSTs and tokens need pricing mappings for accurate TVL calculation:

Bitcoin Liquid Staking Tokens (price as BTC)

Symbol IBC Denom Decimals Protocol
uniBTC ibc/3F1D988D9EEA19EB0F3950B4C19664218031D8BCE68CE7DE30F187D5ACEA0463 8 Bedrock
SolvBTC ibc/C0F284F165E6152F6DDDA900537C1BC8DA1EA00F03B9C9EC1841FA7E004EF7A3 18 Solv Protocol
eBTC ibc/E2A000FD3EDD91C9429B473995CE2C7C555BCC8CFC1D0A3D02F514392B7A80E8 8 EtherFi
LBTC ibc/B7BF60BB54433071B49D586F54BD4DED5E20BEFBBA91958E87488A761115106B 8 Lombard

Structured Finance maxBTC (price as BTC)

All maxBTC factory tokens should use Bitcoin pricing (8 decimals):

  • factory/neutron17sp75wng9vl2hu3sf4ky86d7smmk3wle9gkts2gmedn9x4ut3xcqa5xp34/maxbtc
  • factory/neutron1200577g2rywas6a0pnswe6wdgy4uqgjf0lymdkgq4uhjklej3ftsg4qs03/maxbtc
  • factory/neutron1j4sl8nf7fkpsptqtcw6hmd6t27varth57gmjrrswfkr2t85sj8sqf6ncrh/maxbtc

Drop Protocol Liquid Staking

Symbol Factory Token Denom Decimals Base
dNTRN factory/neutron1frc0p5czd9uaaymdkug2njz7dc7j65jxukp9apmt9260a8egujkspms2t2/udntrn 6 Price based on NTRN

These tokens are working correctly:

  • WBTC (.atom): ibc/0E293A7622DC9A6439DB60E6D234B5AF446962E27CA3AB44D0590603DFF6968E
  • USDC (Noble): ibc/B559A80D62249C8AA07A380E2A2BEA6E5CA9A6F079C912C3A9E9B494105E4F81
  • ATOM, TIA, dATOM, dTIA, OSMO, DYDX, axlWBTC, axlWETH

@llamabutler
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The adapter at projects/supervaults exports TVL:

neutron                   3.50 M

total                    3.50 M 

@waynebruce0x
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Collaborator

For us to price maxBTC we need details of the underlying assets and where theyre held. Do you have a contact at structured that we can talk to?

@oldremez
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Hey, I'm the CTO of Structured. maxBTC's underlying BTC hasn't yet been deployed into the strategy, so the maxBTC price equals BTC at the moment. You can use 1 as a redemption rate. The assets are held on Neutron at the moment, smart contract address is neutron17sp75wng9vl2hu3sf4ky86d7smmk3wle9gkts2gmedn9x4ut3xcqa5xp34.

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4 participants