· Testnet v0.93
General MarketEN
...Founder Index
DROP
No-Degree Founders
NAV / Share
as of Apr 5, 2026
$0.9158
1 Day NAV Change
as of Apr 5, 2026
—
Total Value Locked
as of Apr 5, 2026
—
Holdings
as of Apr 5, 2026
2
NAV / Share
as of Apr 5, 2026
$0.9158
1 Day NAV Change
as of Apr 5, 2026
—
Total Value Locked
as of Apr 5, 2026
—
Holdings
as of Apr 5, 2026
2
Why This Index?
- No-degree founders return the highest multiples of any education bracket. Dropouts and autodidacts build with nothing to fall back on. That desperation is the alpha.
- 35 tokens equally weighted — the broadest founder basket in the catalog. Autodidacts build in every category because no curriculum directed them elsewhere.
- The anti-credential thesis is empirically supported. The data shows no-degree founders outperform Ivy League founders, likely because the absence of a safety net selects for conviction.
Investment Objective
Equally weights 35 tokens from founders without traditional degrees, rebalanced monthly. Captures the highest-returning education bracket in crypto, where the absence of institutional safety nets selects for builders who ship under pressure.
Portfolio Composition
B250.0%
SYS50.0%
Concentration Metrics
TOP 5 WEIGHT
100.0%
TOP 10 WEIGHT
100.0%
HHI CONCENTRATION
5000
High
Founder Intelligence
Based on 3 founders across 2 portfolio companies
Age Distribution
Gender Split
Top Nationalities
2
Top Universities
1
2002-2006)
1
Performance
Loading NAV data...
Holdings
as of Apr 5, 2026
| # | Name | Weight▼ | Price | 24h |
|---|---|---|---|---|
| 1 |  B2 | 50.00% | $0.0000 | — |
| 2 |  SYS | 50.00% | $0.0000 | — |
Fund Details
NAV / Share
as of Apr 5, 2026
$0.9158
Chain
Index L3 (Orbit)
Settlement Address
0x963250...1F93b2
Rebalance Method
Equal Weight
Fund Inception
—
Asset Class
Crypto Index
ITP ID
0x000000...000025
Number of Holdings
2
Portfolio Characteristics
Top 5 Concentration100.0%
Top 10 Concentration100.0%
HHI Index5000 (High)
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.