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	Hold a basket with target weights	Set weights and execute rebalances	Basket concentration, weight drift and rebalance costs
Spot	Buy and sell supported spot assets	Adjust exposure through supported trades	Price moves, liquidity and execution costs
Perpetual	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 to join a DTF or the manager guide to launch one.