Grayscale DeFi Fund Portfolio Unveiled: Composition and Insights

Grayscale's DeFi Fund Portfolio: December 2024 Update

As of December 5, 2024, Grayscale has just released the latest insights on its DeFi Fund portfolio, providing investors and enthusiasts with a comprehensive look at its current state. This strategic allocation reflects Grayscale's focus on decentralized finance (DeFi) projects, which have been gaining traction in the crypto market.

Composition of the DeFi Fund

The fund is composed of five prominent tokens, demonstrating a diverse selection of DeFi assets:

• Uniswap (UNI)
• Aave (AAVE)
• Maker (MKR)
• Lido DAO (LDO)
• Synthetix (SNX)

Token Weight Distribution

The weight distribution of these tokens within the portfolio indicates the strategic positioning by Grayscale:

1. Uniswap (UNI): 58.07% weight, equating to approximately 1.12344341 UNI per fund share.
2. Aave (AAVE): 18.65% weight, translating to 0.02201319 AAVE per share.
3. Maker (MKR): Details to be disclosed in future reports.
4. Lido DAO (LDO): Details to be disclosed in future reports.
5. Synthetix (SNX): Details to be disclosed in future reports.

This portfolio diversification underscores Grayscale's commitment to exploring the evolving landscape of DeFi protocols, which have shown resilience and innovation amidst market fluctuations.

Conclusion

Grayscale's updated DeFi Fund portfolio not only reflects a strategic investment in established DeFi projects but also provides insight into current market trends, placing them in a position to take advantage of future growth opportunities in decentralized finance.