QUANT DESKFund NAV above is MEASURED — live desks only, summed. The fund's DECLARED size is $100.00B, split into four $25.00B sleeves (PEPO / HYPE / DEFI / BLU — mandate.ts). Each desk row below shows its declared sleeve next to its measured NAV; the two figures are shown side by side and never added together. Gross exposure is position notional on the perp desks and capital at work on the yield and carry desks — it is leveraged, so it is deliberately NOT NAV minus cash and the three figures above do not form a balance sheet.
▸ desks · click to drill in
4▸ caveats on the total
connecting — no response yet
connecting — no response yet
seeded preview — excluded from totals
seeded preview — excluded from totals
Preview desks are serving seeded fixtures, not measurements, so they are held out of every total. Desk P&L is as each desk books it — per-trade funding and execution are served on the coin desks but this rollup does not decompose them, so the fund number is net only.