Funds will be rebalanced across dHEDGE’s top-ranked fund managers monthly.
Decentralized fund management platform dHEDGE has launched a tokenized index that tracks its top-ranked traders.
An ERC-20 token will also be issued for the index on automated market maker DEXes in futur.
dHEDGE allows fund managers to launch actively managed investment pools powered by synthetic assets provided by Synthetix.
“What dHEDGE is trying to do is crowdsource the best traders on the internet, and if you can create an index out of that, [...] I think that’s tremendously powerful,” Apollo Capital chief investment officer and dHEDGE co-founder, Henrik Anderson, told Cointelegraph.
The new pool, dubbed “dTOP,” will rebalance funds across the platform’s top 10-ranked fund managers on a monthly basis.