> For the complete documentation index, see [llms.txt](https://gmd-protocol.gitbook.io/gmd-protocol/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://gmd-protocol.gitbook.io/gmd-protocol/delta-neutral-vaults/delta-neutral-vaults.md).

# Delta-Neutral Vaults

<figure><img src="/files/HxOv9CIh0PnU3dl5rB6L" alt=""><figcaption></figcaption></figure>

Our single-stake vaults are built on top of GLP with pseudo-delta-neutral strategies. GMD Protocol will provide single-stake vaults for the following cryptocurrencies:&#x20;

* BTC
* ETH
* USDC