On December 28, 2023, the total value of the Terramatris fund reached $380.09.
This represented a weekly increase of $40.85, translating to a +12.04% gain week over week.
- Fund Value: $380.09
- Weekly Growth: +$40.85
- Weekly Return: +12.04%
The final week of December showed a re-acceleration in percentage performance compared to the prior report. With the fund still operating on a relatively modest capital base, double-digit weekly gains remained achievable when underlying portfolio positions moved favorably.
The increase in absolute dollar terms was materially larger than the prior week, even though the percentage gain remained within a realistic volatility band for early-stage capital deployment.
At the time:
- TerraM Token Price: $0.82
- Implied FDV: ~$8,200
- Liquidity: Very shallow
With TerraM priced at $0.82, the implied fully diluted valuation (FDV) stood at approximately $8,200.
However, available liquidity was extremely limited. The Raydium liquidity pool contained roughly ~100 tokens, making execution depth minimal. While a theoretical valuation could be calculated based on the quoted price, actual tradable size was constrained. Even relatively small buy or sell orders could have materially impacted price levels.