HYPU, the Defiance Daily Target 2X Long HYPE ETF, is an ETF whose main story is onchain infrastructure.
Key facts
Against its peers
Nearest by size
The ETFs ranked just above and below HYPU by assets, among the 36 ETFs whose main narrative is onchain infrastructure, largest first.
| # | ETF | SHARE | ASSETS | 1 YEAR | COST |
|---|---|---|---|---|---|
| 26 | GAVA | 0.2% | $7.9m | – | 0.35% |
| 27 | QSOL | 0.1% | $6.8m | – | 0.25% |
| 28 | CHNU | 0.1% | $3.7m | – | 1.85% |
| 29 | BTDL | 0.1% | $3.7m | – | 1.50% |
| 30 | CRDX | under 0.1% | $1.9m | – | 1.85% |
| 31 | CRDD | under 0.1% | $1.8m | – | 1.15% |
| 32 | AVAZ | under 0.1% | $1.1m | – | 1.85% |
| 33 | CHNL | under 0.1% | $654,950 | – | 1.15% |
| 34 | MHX | under 0.1% | $263,061 | – | 0.45% |
| 35 | HYPU | – | – | – | – |
| 36 | SSK | – | – | −46.6% | – |
Share is each ETF’s slice of the money in ETFs carrying this narrative. 1 year is price change plus dividends; cost is the yearly fee.
The narrative it carries
This is its only narrative.
Onchain infrastructure →
Network tokens such as Solana, and the blockchain companies building payment and trading systems on them.
This week its attention level is 59.0, in the HOT band, 3rd of 22. 45 ETFs carry it.
How it is built
A leveraged ETF that aims for 2 times the daily return of what it tracks, reset each day, and gets its exposure through swaps. It counts toward its narrative's share of money at its net assets.
Common questions
What story is HYPU selling?
HYPU’s main story is onchain infrastructure, which covers network tokens such as Solana, and the blockchain companies building payment and trading systems on them.
Is HYPU leveraged?
Yes. HYPU aims for 2 times the daily return of what it tracks, reset each day, so over longer periods its return can differ a lot from 2 times.
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