· Testnet v0.93
General Market
...
Founder Index
DRMO

No-Degree Momentum

NAV / Share
as of Apr 5, 2026
$0.8648
1 Day NAV Change
as of Apr 5, 2026
Total Value Locked
as of Apr 5, 2026
Holdings
as of Apr 5, 2026
6

Why This Index?

  1. Momentum among no-degree founders. The autodidacts who are winning right now, not just the ones who exist. Momentum separates active shipping from historical presence.
  2. 30-day momentum across 35 no-degree tokens, rebalanced biweekly. The broadest momentum universe in the founder catalog, applied to the highest-performing education bracket.
  3. The no-degree bracket is large enough that momentum filtering adds genuine signal. 35 tokens provide enough selection pressure for trend-following to separate winners from survivors.

Investment Objective

Applies 30-day momentum to 35 tokens from no-degree founders, rebalanced biweekly. Combines the structural alpha of the dropout bracket with systematic trend selection, identifying which autodidact-built projects the market currently rewards.


Portfolio Composition

PENDLE16.7%
CGN16.7%
ETHFI16.7%
KERNEL16.7%
PUFFER16.7%
SWELL16.7%

Concentration Metrics

TOP 5 WEIGHT
83.3%
TOP 10 WEIGHT
100.0%
HHI CONCENTRATION
1667
Moderate

Founder Intelligence

Based on 9 founders across 5 portfolio companies

Age Distribution

Gender Split

Top Nationalities

Indian
Indian
2
Australian
Australian
2
Unknown (Singapore-based)
1
Vietnamese
Vietnamese
1
American
American
1
unknown
1

Top Universities

National University of Singapore
National University of Singapore
1
University of Notre Dame
University of Notre Dame
1
CPA Canada
1
IIT Madras (BS EEE
1
2009)
1
IIM Calcutta (MBA
1
2014)
1
IIT Kharagpur
1
University of Texas
University of Texas
1
Swinburne University of Technology (Bachelor's
1

Performance

Loading NAV data...


Holdings

as of Apr 5, 2026

#NameWeightPrice24h
1
PENDLE
PENDLE
16.67%$0.9895-5.68%
2
CGN
CGN
16.67%$0.0000
3
ETHFI
ETHFI
16.67%$0.0000
4
KERNEL
KERNEL
16.67%$0.0000
5
PUFFER
PUFFER
16.67%$0.0000
6
SWELL
SWELL
16.67%$0.0000

Fund Details

NAV / Share
as of Apr 5, 2026
$0.8648
Chain
Index L3 (Orbit)
Settlement Address
0x963250...1F93b2
Rebalance Method
Equal Weight
Fund Inception
Asset Class
Crypto Index
ITP ID
0x000000...00000c
Number of Holdings
6

Portfolio Characteristics

Top 5 Concentration83.3%
Top 10 Concentration100.0%
HHI Index1667 (Moderate)
Average Market Cap$28M

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.