Uniswap remained the fund's largest holding at 34.16%, trimmed slightly from 35.22% the prior quarter.
Ethena, added to the fund in the Q1 2026 rebalance after Aerodrome Finance was removed, held roughly 12.19% of the basket.
The fund tracks the CoinDesk DeFi Select Index. Weights shift automatically with relative market caps — this is not Grayscale actively picking Ondo over Aave.
The new weights took effect after market close on August 3, 2026, with the rebalance reported complete around August 5-6.
Check Grayscale's own factsheet for current weights before acting — quarterly rebalances mean any snapshot is stale within three months.
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