Jitter Docs

What is Jitter?

Jitter is a yield-trading protocol built on Sui. When you deposit a yield-bearing asset, Jitter standardizes it into SY and lets you split that single position into two independently priced legs: PT (principal) and YT (yield). Each leg can then be traded, held, or paired into an LP position in the on-chain AMM.

This is the same idea as bond stripping in traditional finance, where principal and interest are separated. PT behaves like the principal leg; YT behaves like the interest and incentive leg.

The core idea

Everything in Jitter follows one identity. A yield-bearing position can always be decomposed and recomposed:

1 SY=1 PT+1 YT

Why this matters

Because PT and YT trade separately, the market prices each one on its own. The gap between PT's price and par tells you the fixed APY; the price of YT tells you what the market expects from future yield and points.

Explore the docs

Start with the four building blocks, then dive into protocol design and security.

SY · Standardized YieldThe wrapped, yield-accruing asset every market is built on.PT · Principal TokenLock a fixed yield by buying principal at a discount to par.YT · Yield TokenTake leveraged, long exposure to floating yield and points.LP · LiquidityProvide PT/SY liquidity and earn trading fees from volume.Point TradingTrade points before TGE - native on-chain, priced into YT.Protocol SecurityThe withdrawal circuit breaker that protects vault reserves.