Today we shared our June 2026 Monthly Update with stakeholders and investors.
2026 has been a tough year for digital assets. Out of 571 largest cap tokens, only ~12% are in positive territory year-to-date. BTC is down 15%. ETH is down 27%. A passive, index-weighted allocation would have delivered those drawdowns.
This is exactly why active management matters.
At Dragonfly, we invest in the protocols powering the infrastructure being built on-chain, selected through deep fundamental research and high-conviction positioning.
The results speak for themselves:
- Hyperliquid (HYPE) — 166% YTD
- Venice (VVV) — 106% YTD
- Morpho (MORPHO) — 65% YTD.
In a market where the vast majority of assets are underwater, conviction-driven research and active selection is how we navigate.
For professional investors only. Past performance is not indicative of future results.
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