SuperNeutral

A yield-positive lending protocol that lets you borrow while earning from staked crypto.

SuperNeutral

Created At

ETHOnline 2025

Project Description

Our project SuperNeutral isn’t just another lending platform—it’s a next-generation lending and staking protocol designed to help anyone make their assets work for them.

Typically, when users hold assets like ETH or HBAR and need liquidity, they must sell them. But with SuperNeutral, that’s no longer necessary. Users can deposit their tokens as collateral and borrow up to 50% of their value in stablecoins such as PYUSD or USDC. What makes SuperNeutral special is that the deposited assets aren’t sitting idle—they’re automatically staked. For example, Ethereum is staked through Lido, and Hedera tokens participate in validator nodes. This means users continue earning staking rewards even while they’re borrowing.

SuperNeutral offers users three strategy modes to match their market outlook. The first is Long Mode, where 100% of the collateral is staked to maximize yield—ideal for those who are bullish. The second is Delta-Neutral Mode, where half is staked and half is shorted, allowing users to earn steady returns without exposure to market volatility. Finally, Short Mode uses 100% of the collateral to open short positions, letting users profit from market downturns.

This design makes SuperNeutral more than just a borrowing protocol—it’s a profit-generating platform where both borrowers and lenders can maximize returns. Through its structure, participants can achieve yields of up to 13% APY, depending on their chosen strategy.

Ultimately, SuperNeutral lets users access liquidity without selling their assets, all while continuing to earn yield. We call this model “Yield-Positive Lending”—a new paradigm where your crypto doesn’t just sit still, it keeps working for you. SuperNeutral is redefining what it means to lend, borrow, and earn in the DeFi world.

How it's Made

Our protocol integrates a range of cutting-edge blockchain technologies to ensure reliability, transparency, and scalability.

We utilized Pyth Oracle to obtain highly accurate and real-time price feeds, which allowed us to set lending ratios and liquidation thresholds with confidence. Thanks to Pyth’s speed and precision, our lending system achieves both safety and efficiency.

With Blockscout, we built a comprehensive dashboard that visualizes all key protocol metrics. Blockscout’s transparent and user-friendly interface enables users to easily track transaction histories and contract states in real time.

For smart contract development, we leveraged Hardhat3, which provided a powerful environment for deployment, debugging, and verification. Its flexible plugin ecosystem significantly improved our development workflow and reliability.

We adopted PayPal USD (PYUSD) as the primary asset for lending operations. PYUSD’s trusted issuance model and high liquidity offered a stable, dollar-backed environment for borrowers and lenders alike.

Finally, we integrated Avail’s Nexus SDK to enable seamless access to our protocol across multiple blockchains. The modular and interoperable design of the Nexus SDK allowed us to achieve true multichain compatibility and scalability.

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