Solana Memecoin 4
Calibrated launch value from the rulebook. This basket carries no order panel today.
Why this basket exists
What the construction is trying to capture, who it is built for, and how it is meant to be sized inside a wider allocation.
Four largest Solana memes. BONK at 50%; WIF, BOME and PNUT complete the basket. Beta to Solana ecosystem health plus meme-cycle dynamics combined. For allocators who want pure Solana-meme exposure without diluting across other chains.
- ThematicBeta family · Aggressive risk tier
- Rule-based, divisor-method NAV
No committee note is published for this basket yet, so the catalogue description above stands in until one is written.
4 holdings, drawn to scale
Each tile's area is its weight in the basket, so the picture and the table below it are the same data read two ways.
| Holding | Share | Weight | |
|---|---|---|---|
| 01BONK | 50% | ||
| 02WIF | 25% | ||
| 03BOME | 13% | ||
| 04PNUT | 12% | ||
| Total | 100% |
Why each name earned its seat
Research notes per constituent: the case for the asset, the regime that suits it, and the risk the seat carries.
- BONK50%Growth
Research note pending for this holding. Its weight and its role in the mandate are published above.
- WIF25%Growth
Research note pending for this holding. Its weight and its role in the mandate are published above.
- BOME13%Growth
Research note pending for this holding. Its weight and its role in the mandate are published above.
- PNUT12%Growth
Research note pending for this holding. Its weight and its role in the mandate are published above.
What the numbers say
Simulated on historical constituent prices. A Sharpe is only published once the measured window clears 90 days, and drawdowns keep their sign.
Every figure above is simulated on historical constituent prices for a basket that has not traded. It describes how the rules would have behaved, not how they will behave. OSMC4 is part of a public preview.
Max expected loss over the horizon · 95% confidence · historical distribution. There is a 5% chance the actual loss is larger.
| Window | Return | Sharpe | vs BTC |
|---|---|---|---|
| Full window | −86.7% | −0.69 | −0.54 |
| 1 year | −77.2% | −0.93 | −0.14 |
| 6 months | −3.4% | −0.11 | −1.57 |
| 3 months | −7.0% | −0.38 | −1.47 |
| 1 month | +29.7% | Not graded | · |
Returns are simulated over each window. A Sharpe is published only once that window clears 90 days, so the shorter rows read Not graded and carry no comparison with bitcoin. Short windows flatter and punish at random; read the full window first and treat the rest as texture.
What could go wrong
Priced off this basket's own weights rather than off a generic disclaimer, so every figure below can be checked against the table above.
Highly volatile. Expect 50% or deeper drawdowns. Position size proportional to conviction; this is a tactical sleeve, not a buy-and-hold position.
- Single-name concentrationHigh
BONK carries 50% of the basket. A drawdown in this single name materially moves NAV.
- High-beta sleeveHigh
Meme/momentum subcategory. Expect 50%+ drawdowns. Tactical sleeve sizing only.
- Elevated volatilityMedium
Backtest annualised vol 97%. See the backtest panel above for the full risk numbers.
- Deep historical drawdownHigh
Max drawdown reached −95% in the backtest window. Size accordingly.
- Pre-live statusLow
Preview index. NAV is computed but the basket isn't yet open for live allocation.
| Scenario | Loss on net asset value |
|---|---|
| BONK loses half its valueLargest holding, 50.0% of the basket | −25.0%Mechanical |
| The three largest holdings fall 30%BONK, WIF, BOME · 88.0% of the basket together | −26.4%Mechanical |
| The deepest simulated fall repeatsRecorded once in the window, 628 days to recover | −95.2%Recorded |
| A bad month, one in twenty95% historical value at risk over 30 days | −46.7%Measured |
The mechanical rows hold every other holding still, which is the optimistic case. This basket measured 0.67 correlation to bitcoin over its window: the holdings often move together, though less tightly than a broad crypto basket. Read the figures as a floor on the damage, never a ceiling.
The research behind the construction
This strategy has been shelved
The basket's volatility-to-Sharpe profile is untradeable for institutional allocation. Realised volatility above 180% annualised with a 2y Sharpe under 0.1 means no allocator with a risk budget can size this in size. Solana-meme exposure remains accessible through Curio thematics where the volatility profile is signposted explicitly.
Retired 2026-05-24