> For the complete documentation index, see [llms.txt](https://docs.dexponent.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.dexponent.com/dtf-types.md).

# DTF types

The beta supports three DTF types. Each DTF accepts a configured base asset and issues its own shares.

| Type                                      | Strategy                                         | Manager activity                         | Main additional considerations                         |
| ----------------------------------------- | ------------------------------------------------ | ---------------------------------------- | ------------------------------------------------------ |
| [Index](/dtf-types/index-dtfs.md)         | Hold a basket with target weights                | Set weights and execute rebalances       | Basket concentration, weight drift and rebalance costs |
| [Spot](/dtf-types/spot-dtfs.md)           | Buy and sell supported spot assets               | Adjust exposure through supported trades | Price moves, liquidity and execution costs             |
| [Perpetual](/dtf-types/perpetual-dtfs.md) | Trade supported perpetual markets on Hyperliquid | Manage positions, margin and collateral  | Leverage, liquidation, funding and settlement delays   |

All three can lose value. Supported assets and markets are those available in the app, not every asset on Base or Hyperliquid.

Use the [LP guide](/stakeholders-guide/liquidity-providers.md) to join a DTF or the [manager guide](/stakeholders-guide/farm-owners-guide.md) to launch one.