· Testnet v0.93
General MarketEN
...Founder Index
NDFQ
No-Degree + FNG Quality
NAV / Share
as of Apr 5, 2026
$0.9762
1 Day NAV Change
as of Apr 5, 2026
—
Total Value Locked
as of Apr 5, 2026
—
Holdings
as of Apr 5, 2026
5
NAV / Share
as of Apr 5, 2026
$0.9762
1 Day NAV Change
as of Apr 5, 2026
—
Total Value Locked
as of Apr 5, 2026
—
Holdings
as of Apr 5, 2026
5
Why This Index?
- No-degree founders with FNG quality rotation. When fear strikes, the strategy concentrates in the highest-quality dropout-founded projects — the blue chips of the anti-credential thesis.
- The FNG rotation shifts allocation during fear because autodidacts keep building through downturns. They have no safety net to retreat to, which is both their vulnerability and their strength.
- Quality rotation adds a defensive layer to the no-degree thesis. During greed, broad exposure captures the full bracket. During fear, concentration in proven survivors preserves capital.
Investment Objective
Holds 35 tokens from no-degree founders with Fear & Greed quality rotation, rebalanced biweekly. During fear, concentrates in the highest-quality dropout-founded projects; during greed, spreads across the full universe.
Portfolio Composition
SAND20.0%
AXS20.0%
ILV20.0%
YGG20.0%
PRIME20.0%
Concentration Metrics
TOP 5 WEIGHT
100.0%
TOP 10 WEIGHT
100.0%
HHI CONCENTRATION
2000
Moderate
Founder Intelligence
Based on 9 founders across 5 portfolio companies
Age Distribution
Gender Split
Top Nationalities
3
2
1
1
1
1
Top Universities
BI Norwegian Business School (Economics and Administration
1
2009-2011)
1
University of Science
1
University of New South Wales
1
Self-taught
1
1
Ateneo de Manila University
1
1
Performance
Loading NAV data...
Holdings
as of Apr 5, 2026
| # | Name | Weight▼ | Price | 24h |
|---|---|---|---|---|
| 1 |  SAND | 20.00% | $0.0000 | — |
| 2 |  AXS | 20.00% | $0.0000 | — |
| 3 |  ILV | 20.00% | $0.0000 | — |
| 4 |  YGG | 20.00% | $0.0000 | — |
| 5 |  PRIME | 20.00% | $0.0000 | — |
Fund Details
NAV / Share
as of Apr 5, 2026
$0.9762
Chain
Index L3 (Orbit)
Settlement Address
0x963250...1F93b2
Rebalance Method
Equal Weight
Fund Inception
—
Asset Class
Crypto Index
ITP ID
0x000000...000012
Number of Holdings
5
Portfolio Characteristics
Top 5 Concentration100.0%
Top 10 Concentration100.0%
HHI Index2000 (Moderate)
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.