1/ Today we’re launching NX8 — a crypto-native index product designed to track the top Layer-1 networks that underpin crypto’s most proven use cases. It’s issued by OpenDelta and built in a strategic partnership with @nansen_ai. Built for long-term, disciplined onchain wealth creation.

2/ The leading Layer-1 networks today benefit from strong network effects. As user adoption, developer activity, and successful applications grow, these networks tend to capture an increasing share of the market over time. This creates a positive feedback loop: new applications are most likely to be built where users and liquidity already exist, reinforcing long-term value accumulation.

3/ NX8 is a liquid representation of this view and a natural conclusion of the fat protocol thesis in its exploratory phase.

4/ NX8 focuses on the networks powering real activity across crypto: payments, DeFi, derivatives, RWAs, internet capital markets, and store of value. This is where usage and value concentrate over time.

5/ NX8 is composed of eight leading Layer-1s: BTC, ETH, SOL, BNB, TRON, HYPE, AVAX, and SUI. The index methodology is rules-based and provided by GMCI (@wintermute_t company).

6/ The composition of NX8 is dynamic and may evolve over time as networks prove their long-term relevance or superiority. The index is reviewed every six months to reflect changes in the market.

8/ The product is built on our battle-tested infrastructure already powering OG30, with institutional custody support from @Anchorage and @Hex_Trust, and an MPC framework provided by @FordefiHQ.

10/ NX8 is launched on @solana, allowing users to access diversified L1 exposure directly from their Solana wallet — contributing to Solana’s push to bring more assets and markets onchain into a single ecosystem.

11/ NX8 is available on @orca_so DEX and across major Solana aggregators, including @JupiterExchange, @Titan_Exchange, @kamino_swap, and @dflow. Liquid and composable from day one.

12/ You can also vibe trade NX8 directly in @nansen_ai and explore the future of trading with agents.

13/ Under the hood, NX8 also uses @LayerZero_Core's Omnichain Fungible Token (OFT) standard, making the product natively multichain compatible over time.

14/ Beyond price exposure, NX8 is designed to give users access to real yield from staking the underlying assets, via integrations with third-party DeFi applications. More details coming soon.

16/ NX8 is the first product in a broader universe of tokenized financial products we’re building at OpenDelta. It’s also the first product built in a strategic partnership with @nansen_ai under the Joint Venture Protocol. More on that next!