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

No-Degree vs Ivy

NAV / Share
as of Apr 5, 2026
$0.9671
1 Day NAV Change
as of Apr 5, 2026
Total Value Locked
as of Apr 5, 2026
Holdings
as of Apr 5, 2026
7

Why This Index?

  1. The anti-prestige trade. No-degree founders outperform Ivy League teams by a significant margin to ATH. The gap is wide enough to be investable, not just anecdotal.
  2. 20 no-degree tokens equally weighted, rebalanced biweekly. The basket includes some of the most valuable assets in crypto, built by founders who never graduated.
  3. Credentials are a liability when the market rewards speed and conviction over institutional approval. This index bets on that structural disadvantage of prestige.

Investment Objective

Equally weights 20 tokens from no-degree founders, rebalanced biweekly. The investable expression of the anti-prestige thesis, where dropout-founded projects systematically outperform Ivy League ones.


Portfolio Composition

ETH14.3%
BNB14.3%
ADA14.3%
SOL14.3%
HYPE14.3%
WEETH14.3%
STETH14.3%

Concentration Metrics

TOP 5 WEIGHT
71.4%
TOP 10 WEIGHT
100.0%
HHI CONCENTRATION
1429
Low

Founder Intelligence

Based on 9 founders across 6 portfolio companies

Age Distribution

Gender Split

Top Nationalities

Russian
Russian
2
Russian-Canadian
Russian-Canadian
1
Canadian (born Chinese)
Canadian (born Chinese)
1
Chinese
Chinese
1
Danish
Danish
1
Ukrainian-American
Ukrainian-American
1
American (Chinese-American)
American (Chinese-American)
1
British
British
1

Top Universities

University of Waterloo
University of Waterloo
1
McGill University
McGill University
1
Chinese Academy of Sciences
1
Copenhagen Business School (MSc
1
2006-2009)
1
University of Illinois
University of Illinois
1
Harvard University
Harvard University
1
European Business School Kaliningrad
1
University of Bristol
1

Performance

Loading NAV data...


Holdings

as of Apr 5, 2026

#NameWeightPrice24h
1
ETH
ETH
14.29%$0.0000
2
BNB
BNB
14.29%$0.0000
3
ADA
ADA
14.29%$0.0000
4
SOL
SOL
14.29%$0.0000
5
HYPE
HYPE
14.29%$0.0000
6
WEETH
WEETH
14.29%$0.0000
7
STETH
STETH
14.29%$0.0000

Fund Details

NAV / Share
as of Apr 5, 2026
$0.9671
Chain
Index L3 (Orbit)
Settlement Address
0x963250...1F93b2
Rebalance Method
Equal Weight
Fund Inception
Asset Class
Crypto Index
ITP ID
0x000000...00001a
Number of Holdings
7

Portfolio Characteristics

Top 5 Concentration71.4%
Top 10 Concentration100.0%
HHI Index1429 (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.