OLM6 · SectorT2Under studyS -1.03
Lending Markets 6
Six on-chain credit and lending protocols. AAVE leads on TVL. The basket also includes SKY (formerly MakerDAO), COMP, MORPHO, EUL and PENDLE. The clearest cash-flow story in DeFi: each loan generates a real interest spread. Designed for thematic conviction on on-chain credit, BTC-correlated by design. Captures the lending narrative without single-name risk; diversification benefit is intra-sector.
Launch NAV
985.20USD
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
Liq weighted
Constituents
6
Backtest summary
225d window
Sharpe
-1.03
Max drawdown
−56.1%
Annualised vol
+55.7%
Beta vs BTC
1.19
Total return
−40.6%
BTC reference · Sharpe 0.33, MaxDD -76.6%
OCBE100 reference · Sharpe 0.34, MaxDD -61.1%
95% VaR
1-week−14%
1-month−25%
Max expected loss, 95% confidence, historical.
Performance across timeframes
WindowReturnSharpevs BTCAll (2y)−40.6%-1.03+0.191 year−40.6%-1.03+0.196 months−16.1%-0.56+0.123 months+9.5%0.93-2.481 month−1.4%-0.43-0.22
BTC reference · all 0.33 · 1y -0.83 · 6m -0.68 · 3m 3.41 · 1m -0.21
Constituents
6 assets
Weights · sorted high to low
| Symbol | Weight |
|---|---|
| AAVE | 30% |
| SKY | 20% |
| COMP | 15% |
| MORPHO | 14% |
| EUL | 12% |
| PENDLE | 9% |
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. OLM6 stays on the catalogue with a live NAV reading.