FPROTOCOLOPEN CRYPTO ALLOCATION INFRA
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VENTUREHIGHalpha-seeking· Venture sleeveSemi⚠ Pending

Venture-Liquid

VENTURE-LIQUID

Vetted early-stage token positions — bringing traditional VC's "odds-seeking" logic into 24/7-liquid on-chain token markets, bounded by lockup and a dedicated reserve.

Target IRR
30%+
Alpha-seeking · high dispersion
Max single position
5% sleeve
Hard concentration limit
Lockup
12–24 months
Required on the fund side
Pass rate
<15%
Of investment committee review

Transparency

SELF-REPORTED BY INTEGRATOR
SEMI-ON-CHAIN

Some execution / positions are on-chain (verifiable); the rest is handled by off-chain systems (signalled only via the reporter).

COMMUNITY VERIFICATION
⚠ Pending

The integrator has self-reported a transparency tier; community verification is not yet complete. Treat this assessment as preliminary.

Token positions are on-chain visible, but the selection methodology and DD framework are the fund's private alpha.

Rating

QUANTITATIVE METRICS

Sharpe
0.80
Sortino
0.92
Calmar
1.37
Max drawdown
-37.0%
Annual return
50.8%

HUMAN REVIEW (1-5)

Growth
Risk control
Transparency
Reviewers: C. Yi · J. Park

Long-tail alpha; requires dedicated reserve and lockup.

Last updated: May 31, 2026, 12:13 AM

Venture-Liquid brings traditional VC's "odds-seeking" logic (a few names pull the portfolio 10–100x) into on-chain token markets — without descending into "meme-buying narratives". Each candidate passes four review gates: on-chain issuance mechanics, security audit, liquidity depth, team background. Pass rate <15%. Lockup + dedicated reserve are mandatory safety buffers.

Due diligence

DUE DILIGENCE

Team background · token economics (unlock curve, circulating ratio) · contract audit · liquidity (sustained CEX/DEX depth) · governance transparency

Sizing

SIZING

Per position ≤ 5% sleeve · top-5 concentration ≤ 50% · DCA build over 4–8 weeks · partial lockup 6–12 months

Exit & risk

EXIT & RISK

Phased exits (never all-at-once) · position -50% → governance review · blacklist: rugpull / team disappearance / major contract change

30%+
Target IRR
Alpha-seeking
5%
Max single
Sleeve share
12–24m
Lockup
Fund side
<15%
Pass rate
IC review

Backtest

Synthetic backtest · not historical · for path-shape demonstration only

NAV trajectory (1 year)

2025-06-012026-06-01
0.8771.1581.4381.7192.000max DD -37.0%2025-06-012025-11-302026-06-01
ANNUAL RETURN
50.8%
ANNUAL VOL
63.3%
SHARPE
0.80
SORTINO
0.92
MAX DD
-37.0%
CALMAR
1.37

Drawdown

0.0%-9.2%-18.5%-27.7%-37.0%

Simulator

100,000
Final NAV
1.5452
Final value
154,517USDC
Cumulative dividend
0USDC
Max drawdown
-34.8%

This simulator uses synthetic backtest data and is not investment advice; actual performance may differ materially.