Neutral.trade adapter

[NeutralTrade]

NOTE

Please enable "Allow edits by maintainers" while putting up the PR.

---

• If you would like to add a volume adapter please submit the PR here.
• If you would like to add a liquidations adapter, please refer to this readme document for details.

1. Once your adapter has been merged, it takes time to show on the UI. If more than 24 hours have passed, please let us know in Discord.
2. Sorry, We no longer accept fetch adapter for new projects, we prefer the tvl to computed from blockchain data, if you have trouble with creating a the adapter, please hop onto our discord, we are happy to assist you.
3. Please fill the form below only if the PR is for listing a new protocol else it can be ignored/replaced with reason/details about the PR
4. For updating listing info It is a different repo, you can find your listing in this file: https://github.com/DefiLlama/defillama-server/blob/master/defi/src/protocols/data2.ts, you can edit it there and put up a PR
5. Do not edit/push package-lock.json file as part of your changes, we use lockfileVersion 2, and most use v1 and using that messes up our CI
6. No need to go to our discord and announce that you've created a PR, we monitor all PRs and will review it asap

---

Name (to be shown on DefiLlama):

Neutral Trade

Twitter Link:

https://x.com/TradeNeutral

List of audit links if any:

Neutral Trade uses Drift vault program ; see all drifts audits:

• https://www.drift.trade/audit
• https://cdn.prod.website-files.com/6310e7dee49f0866da8eed4c/6686bbdfe7c6e5a997cc51bc_Neodyme%20-%20Drift%20Security%20Audit.pdf
• https://www.drift.trade/connect-by-drift-security-audit-by-ottersec
• https://github.com/Zellic/publications/blob/master/Drift%20Protocol%20Audit%20Report.pdf

Website Link:

https://www.neutral.trade/

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

Current TVL:

13,561,777

Treasury Addresses (if the protocol has treasury)

N/A

Chain:

Solana

Coingecko ID (so your TVL can appear on Coingecko, leave empty if not listed): (https://api.coingecko.com/api/v3/coins/list)

N/A

Coinmarketcap ID (so your TVL can appear on Coinmarketcap, leave empty if not listed): (https://api.coinmarketcap.com/data-api/v3/map/all?listing_status=active,inactive,untracked&start=1&limit=10000)

N/A

Short Description (to be shown on DefiLlama):

Neutral Trade is the on-chain multi-strategy hedge fund, built by experienced quants and traders from Goldman Sachs and Top Global Hedge Funds.

Token address and ticker if any:

N/A

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.):

Pyth

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

Fetch asset prices for rebalancing

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

N/A

forkedFrom (Does your project originate from another project):

N/A

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

The Total Value Locked (TVL) is calculated as the sum of all deposits across public and private vaults, combined with their respective profit and loss (PnL).

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

https://github.com/neutral-trade

[llamatester]

The adapter at projects/neutral-trade exports TVL:

solana                    11.97 M

total                    11.97 M 

[llamatester]

The adapter at projects/neutral-trade exports TVL:

solana                    11.98 M

total                    11.98 M 

[llamatester]

The adapter at projects/neutral-trade exports TVL:

solana                    13.18 M

total                    13.18 M 

[g1nt0ki]

@NeutralTrade thanks for the PR but can you compute it using on chain data instead?

[NeutralTrade]

@NeutralTrade thanks for the PR but can you compute it using on chain data instead?

Sure can do. But would it work with timetravel: true ?

I thought it would be OK to use the historical data we're recording along with our vault keepers like some other protocols listed on defillama are doing, it seems easier than doing a ton of rpc calls. I understand your concern is transparency, all our vaults are using Drift Vault Program, you can find most of our vaults listed on drift UI here https://app.drift.trade/vaults, it's all transparent, can't cheat the numbers :)

let me know, thanks 🙏

[g1nt0ki]

unfortunately no, we cant fetch historical data from atm.

Maybe you do re-use vectis code? Think they are using drift vaults as well: https://github.com/DefiLlama/DefiLlama-Adapters/pull/12564/files

*maybe move the common code to helper file to avoid code duplication

[NeutralTrade]

unfortunately no, we cant fetch historical data from atm.

Maybe you do re-use vectis code? Think they are using drift vaults as well: https://github.com/DefiLlama/DefiLlama-Adapters/pull/12564/files

*maybe move the common code to helper file to avoid code duplication

Ok got it. So i will revamp the code to compute everything from the chain directly.
I'd like to still figure out if there's a way to use our historical data, eg. use our historical data for dates prior to defillama listing, direct computation from chain from defillama listing onwards. Is this technically possible by using timetravel: true and doing a simple check on api.timestamp passed in tvl(api) function ?

Please let me know, thanks 🙏

[llamabutler]

The adapter at projects/neutral-trade exports TVL:

solana                    16.14 M

total                    16.14 M 

[llamabutler]

The adapter at projects/neutral-trade exports TVL:

solana                    16.14 M

total                    16.14 M 

[llamabutler]

Error while running adapter at projects/neutral-trade:

Error: Cannot find module '@drift-labs/sdk'
Require stack:
- /home/runner/work/DefiLlama-Adapters/DefiLlama-Adapters/projects/neutral-trade/helpers.js
- /home/runner/work/DefiLlama-Adapters/DefiLlama-Adapters/projects/neutral-trade/index.js
- /home/runner/work/DefiLlama-Adapters/DefiLlama-Adapters/test.js
Truncated error stack:

    at Object.<anonymous> (/home/runner/work/DefiLlama-Adapters/DefiLlama-Adapters/projects/neutral-trade/helpers.js:3:25)
Error saving cache: Error: ENOENT: no such file or directory, open '/home/runner/work/DefiLlama-Adapters/DefiLlama-Adapters/node_modules/@defillama/sdk/build/util/local_cache/zlib-1.0/BlockCache.json'

[llamabutler]

Error while running adapter at :

Please revert changes to package.json / package-lock.json

[NeutralTrade]

Error while running adapter at :

Please revert changes to package.json / package-lock.json

Hi @g1nt0ki , I'd like to request to add the drift sdk to your repo, this will be a big help for all future projects building on top of Drift.

[g1nt0ki]

Error while running adapter at :

Please revert changes to package.json / package-lock.json

Hi @g1nt0ki , I'd like to request to add the drift sdk to your repo, this will be a big help for all future projects building on top of Drift.

sorry for the late reply, sorry but no. I am trying to keep the # dependencies to an absolute minimum.