Hyperliquid Funding Arb

Neutral runs NT Points across every vault on the platform. Your deposit accrues points daily for as long as it stays in the strategy — there is no separate staking step, and nothing to claim while a season is open. The programme runs in seasons, each with its own leaderboard that resets when the next one begins, and layers optional missions on top: linking a referral code or making a first deposit pays a one-off bonus, and people who join through your referral earn you a share of what they accrue. Individual vaults can carry their own multiplier, and Neutral notes that each vault may set its own requirements, so the vault's own page is worth reading before assuming a deposit qualifies at the headline rate. Neutral has published no conversion from points into a token, so they carry no cash value here and are never folded into APY.