· Testnet v0.93
General Market
...
Momentum Index
TVLMPP

TVL Momentum Perps

NAV / Share
as of Apr 5, 2026
$0.9684
1 Day NAV Change
as of Apr 5, 2026
Total Value Locked
as of Apr 5, 2026
Holdings
as of Apr 5, 2026
8

Why This Index?

  1. Perp DEX protocols ranked by TVL momentum. Open interest growth signals the on-chain derivatives migration — capital flowing into perp platforms faster than it flows out.
  2. TVL momentum captures protocols attracting new deposits, not just experiencing price appreciation. Deposit growth is a leading indicator of trading volume and fee revenue.
  3. The on-chain derivatives thesis is structural: as trust in CEXes erodes, trading volume migrates to transparent venues. TVL momentum identifies which venues are winning that migration.

Investment Objective

Tracks the top 10 perpetual DEX protocols ranked by 30-day TVL momentum, rebalanced weekly. Captures the on-chain derivatives migration by overweighting platforms experiencing the fastest deposit growth.


Portfolio Composition

BCH12.5%
WEETH12.5%
STETH12.5%
ETH12.5%
BTC12.5%
SOL12.5%
BNB12.5%
WBTC12.5%

Concentration Metrics

TOP 5 WEIGHT
62.5%
TOP 10 WEIGHT
100.0%
HHI CONCENTRATION
1250
Low

Founder Intelligence

Based on 13 founders across 7 portfolio companies

Age Distribution

Gender Split

Top Nationalities

Chinese
Chinese
2
Russian
Russian
2
French
French
1
American (Saint Kitts citizen)
American (Saint Kitts citizen)
1
British
British
1
Russian-Canadian
Russian-Canadian
1
Ukrainian-American
Ukrainian-American
1
Canadian (born Chinese)
Canadian (born Chinese)
1
American
American
1
Vietnamese
Vietnamese
1

Top Universities

ESEO Angers
1
De Anza College
1
Peking University
Peking University
1
European Business School Kaliningrad
1
University of Bristol
1
University of Waterloo
University of Waterloo
1
University of Illinois
University of Illinois
1
McGill University
McGill University
1
Chinese Academy of Sciences
1
California Polytechnic State University
1

Performance

Loading NAV data...


Holdings

as of Apr 5, 2026

#NameWeightPrice24h
1
BCH
BCH
12.50%$0.0000
2
WEETH
WEETH
12.50%$0.0000
3
STETH
STETH
12.50%$0.0000
4
ETH
ETH
12.50%$0.0000
5
BTC
BTC
12.50%$0.0000
6
SOL
SOL
12.50%$0.0000
7
BNB
BNB
12.50%$0.0000
8
WBTC
WBTC
12.50%$0.0000

Fund Details

NAV / Share
as of Apr 5, 2026
$0.9684
Chain
Index L3 (Orbit)
Settlement Address
0x963250...1F93b2
Rebalance Method
Equal Weight
Fund Inception
Asset Class
Crypto Index
ITP ID
0x000000...000007
Number of Holdings
8

Portfolio Characteristics

Top 5 Concentration62.5%
Top 10 Concentration100.0%
HHI Index1250 (Low)
Average Market Cap$0

Fees

as of current prospectus

Management Fee0.00%
+Acquired Fund Fees and Expenses0.00%
+Other Expenses0.00%
=Expense Ratio0.00%

The fee amounts shown above are as of the current prospectus. Network gas costs apply to all on-chain transactions and are not included in the expense ratio.

NAV is calculated from live price feeds. Data updates every 60 seconds. Past performance is not indicative of future results.