OL1L8 · SectorT2Under studyS 0.36Cycle-tested
Layer 1 Leaders 8
Eight general-purpose Layer 1 blockchains, cap-weighted with 25% cap. The smart-contract platform thesis without the small-cap noise. ETH and SOL anchor, with ADA, BNB, AVAX, SUI, APT and NEAR rounding out the basket. Designed for thematic conviction in the smart-contract platform category, BTC-correlated by design. Captures the L1 narrative without single-name risk; diversification benefit is intra-sector.
Launch NAV
1,250.00USD
Static reference NAV from the methodology rulebook. Live NAV, order book and depth are available on the trade view.
Family
Sector
Risk profile
Moderate
Weighting
MarketCapCapped25
Constituents
8
Backtest summary
1119d window
Sharpe
0.37
Max drawdown
−67.5%
Annualised vol
+54.7%
Beta vs BTC
1.19
Total return
+74.8%
BTC reference · Sharpe 0.33, MaxDD -76.6%
OCBE100 reference · Sharpe 0.34, MaxDD -61.1%
95% VaR
1-week−14%
1-month−26%
Max expected loss, 95% confidence, historical.
Performance across timeframes
WindowReturnSharpevs BTCAll (2y)+74.8%0.37-0.621 year−41.3%-0.76+0.076 months−32.3%-1.05-0.373 months+18.4%2.24-1.171 month+3.0%1.40+1.61
BTC reference · all 0.33 · 1y -0.83 · 6m -0.68 · 3m 3.41 · 1m -0.21
Constituents
8 assets
Weights · sorted high to low
| Symbol | Weight |
|---|---|
| ETH | 25% |
| SOL | 20% |
| BNB | 16% |
| ADA | 10% |
| AVAX | 9% |
| SUI | 8% |
| APT | 6% |
| NEAR | 6% |
Further reading
Strategy under review
We are refining the weighting and rebalance cadence on this index. Trade access opens once the methodology stabilises. In the meantime, our methodology paper covers the current state of the construction. OL1L8 stays on the catalogue with a live NAV reading.