· Testnet v0.93
General MarketEN
...Founder Index
FDMO
FAANG Defectors Momentum
NAV / Share
as of Apr 5, 2026
$0.9808
1 Day NAV Change
as of Apr 5, 2026
—
Total Value Locked
as of Apr 5, 2026
—
Holdings
as of Apr 5, 2026
93
NAV / Share
as of Apr 5, 2026
$0.9808
1 Day NAV Change
as of Apr 5, 2026
—
Total Value Locked
as of Apr 5, 2026
—
Holdings
as of Apr 5, 2026
93
Why This Index?
- Ex-FAANG founders with momentum. These founders left the most comfortable jobs in tech. When their protocols gain momentum, the market validates the leap they took.
- 30-day momentum across 11 ex-FAANG tokens, rebalanced biweekly. The career-risk premium: founders who sacrificed FAANG compensation to build in crypto carry a different intensity.
- Big-tech defectors bring institutional engineering discipline. Momentum confirms when that discipline produces a product the market recognizes — the validation phase of the career bet.
Investment Objective
Applies 30-day momentum to 11 tokens from ex-FAANG founders, rebalanced biweekly. Captures the career-risk premium of founders who left secure big-tech positions, overweighting the ones whose protocols the market currently validates.
Portfolio Composition
BTC1.1%
ETH1.1%
BNB1.1%
XRP1.1%
USDC1.1%
SOL1.1%
TIA1.1%
STETH1.1%
DOGE1.1%
ADA1.1%
Other89.3%
Concentration Metrics
TOP 5 WEIGHT
5.4%
TOP 10 WEIGHT
10.8%
HHI CONCENTRATION
108
Low
Founder Intelligence
Based on 172 founders across 88 portfolio companies
Age Distribution
Gender Split
Top Nationalities
44
16
6
6
5
5
4
4
4
3
3
3
Top Universities
7
7
5
5
4
3
3
3
3
3
Performance
Loading NAV data...
Holdings
as of Apr 5, 2026
| # | Name | Weight▼ | Price | 24h |
|---|---|---|---|---|
| 1 |  BTC | 1.08% | $0.0000 | — |
| 2 |  ETH | 1.08% | $0.0000 | — |
| 3 |  BNB | 1.08% | $0.0000 | — |
| 4 |  XRP | 1.08% | $0.0000 | — |
| 5 |  USDC | 1.08% | $0.0000 | — |
| 6 |  SOL | 1.08% | $0.0000 | — |
| 7 |  TIA | 1.08% | $0.0000 | — |
| 8 |  STETH | 1.08% | $0.0000 | — |
| 9 |  DOGE | 1.08% | $0.0000 | — |
| 10 |  ADA | 1.08% | $0.0000 | — |
| 11 |  USDS | 1.08% | $0.0000 | — |
| 12 |  BCH | 1.08% | $0.0000 | — |
| 13 |  WBTC | 1.08% | $0.0000 | — |
| 14 |  HYPE | 1.08% | $0.0000 | — |
| 15 |  GRT | 1.08% | $0.0000 | — |
| 16 |  USDE | 1.08% | $0.0000 | — |
| 17 |  WEETH | 1.08% | $0.0000 | — |
| 18 |  XLM | 1.08% | $0.0000 | — |
| 19 |  USD1 | 1.08% | $0.0000 | — |
| 20 |  HBAR | 1.08% | $0.0000 | — |
1 to 20 of 93
Fund Details
NAV / Share
as of Apr 5, 2026
$0.9808
Chain
Index L3 (Orbit)
Settlement Address
0x963250...1F93b2
Rebalance Method
Equal Weight
Fund Inception
—
Asset Class
Crypto Index
ITP ID
0x000000...00002e
Number of Holdings
93
Portfolio Characteristics
Top 5 Concentration5.4%
Top 10 Concentration10.8%
HHI Index108 (Low)
Average Market Cap$35M
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.