· Testnet v0.93
EN
...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
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?
- 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.
- TVL momentum captures protocols attracting new deposits, not just experiencing price appreciation. Deposit growth is a leading indicator of trading volume and fee revenue.
- 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
2
2
1
1
1
1
1
1
1
1
Top Universities
ESEO Angers
1
De Anza College
1
1
European Business School Kaliningrad
1
University of Bristol
1
1
1
1
Chinese Academy of Sciences
1
California Polytechnic State University
1
Performance
Loading NAV data...
Holdings
as of Apr 5, 2026
| # | Name | Weight▼ | Price | 24h |
|---|---|---|---|---|
| 1 | BCH | 12.50% | $0.0000 | — |
| 2 | WEETH | 12.50% | $0.0000 | — |
| 3 | STETH | 12.50% | $0.0000 | — |
| 4 | ETH | 12.50% | $0.0000 | — |
| 5 | BTC | 12.50% | $0.0000 | — |
| 6 | SOL | 12.50% | $0.0000 | — |
| 7 | BNB | 12.50% | $0.0000 | — |
| 8 | 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.