Private Frontier

Routed acquisition history

Research-only constituents have no executable basket history.

Each observation is a 25 USDC Jupiter buy quote per admitted constituent, normalized to the first complete date. It is not NAV, a realized portfolio return or a promise that a purchase fills at that price.

Admission

Research only

Issuers

Backpack Securities

Measured capacity

10,000 USDC minimum across legs

Composition

Equal weighting is the current published construction rule. It is methodology, not a promise that value weights will stay equal after purchase.

1. 
   SPCXBackpack Securities
   Entitlement10,000 USDC measured capacity
2. OP
   OPAIPonNot yet assayed
   Grade not establishedNo capture of this mint, so no decision
3. 
   VCXxAssayed under policy-2026.10.1 and refused
   Not offeredBuying 10000 USDC realises a rate 9900 basis points worse than buying 100 USDC, above the 100 basis point ceiling.

Method

Methodology

Private-market research rule 0.1

Review

Research review on issuer, legal Grade, transfer controls and executable route before any future allocation rule.

Drift trigger

5 percentage points before Seametry proposes a holder-approved rebalance

Admission snapshot: policy policy-2026.10.1, observed Wed, 23 Sep 2026 12:00:00 GMT. Existing holdings are never silently changed when the published basket changes.