July 2026｜WEB3 Crypto Fund No.1 Performance Review & August Strategy Brief

Report Date: 2026‑08‑03

July Return: ‑4.82%

Product Positioning: WEB3‑thematic Growth Fund, Multi‑Token Allocation, Trend Swing Trading + Sector Selection

I. July Performance Overview

‑ Core Issue: July witnessed an extremely structural market. Capital flocked toward large‑cap blue‑chips such as BTC and ETH. By contrast, the fund’s core holdings in WEB3‑growth sectors and small‑mid‑cap tokens underperformed, resulting in strategy underperformance and a monthly drawdown of ‑4.82%.

II. Root Causes of Losses

1. Misaligned Position Structure: Heavy exposure to underperforming WEB3‑growth sectors while missing the rally of large‑cap blue‑chips, generating persistent negative excess returns.

2. Delayed Risk Control & Stop‑Loss Execution: Insufficient anticipation of liquidity risks for small‑mid‑cap tokens. Stop‑loss actions were implemented too late amid late‑month systemic sell‑offs, magnifying drawdowns.

3. Liquidity Risk: Small‑mid‑cap tokens lack sufficient order‑book depth with no buying support during declines. Actual execution prices fell well below quoted market levels and brought additional losses.

III. Core Remedial Strategies for August

1. Position Restructuring: Significantly raise allocations to core blue‑chips BTC and ETH as base positions to stabilize net asset value. Maintain small‑size exposure to high‑quality WEB3 leaders to preserve excess‑return potential.

2. Strengthen Risk Management: Adopt tiered position‑sizing rules tied to market conditions with mandatory position reduction. Add dedicated liquidity‑risk clauses for small‑mid‑cap tokens and prohibit holding losing positions against signals.

3. Trading Optimization: Shift strategy toward light‑position swing trading with fast entry and exit. Follow capital flow trends strictly and avoid counter‑trend holdings.

4. Hedging Mechanism: Deploy derivatives to hedge systemic market risks and cap maximum drawdown.

IV. Risk Disclaimer

Heightened macro uncertainty persists alongside intense stock‑based trading and rapid sector rotation. Liquidity risks and crash risks remain prominent for small‑mid‑cap WEB3 assets; periodic drawdowns may still occur. No guarantee of continuous positive returns for this product.