Description
Jasper Vault operates a BTC perpetual futures platform combining leveraged perpetual trading with Perpetual Protect (PP), a position-protection mechanism that sets risk boundaries without forcing premature position closure. Pricing and market depth reference Binance BTC perpetual markets. Originally launched in 2023 as a peer-to-peer interoperable options protocol (0DTE, Degen and Swap options on Base, Arbitrum, Sei and Bitlayer; DeFiLlama ID 4630), the project has evolved to offer 0-LIQ perpetuals built on unified options.