Defiance Daily Target 2X Long LUNR ETF (ticker: LUNL) is an exchange-traded fund (ETF) that provides leveraged daily exposure to the Solana-based meme token LUNA 2.0 (LUNR), designed for short-term trading and tactical positioning in the cryptocurrency derivatives market.
The fund seeks daily investment results equal to twice (200%) the daily performance of the Defiance Daily Target 2X Long LUNR Index, which tracks the price of the LUNR token on the Solana blockchain, before fees and expenses. Its primary product is the LUNL ETF, a series of shares listed on a U.S. exchange that investors can buy and sell intraday like a stock, with the underlying exposure rebalanced daily to maintain 2X long leverage to LUNR.
Core services and offerings include: ETF shares of LUNL, daily index-linked leveraged exposure to LUNR, shareholder servicing and reporting, and related distribution and custody services for institutional and retail investors. The fund is structured as a series of Defiance ETFs, which sponsors and manages a suite of thematic and cryptocurrency-related ETFs targeting specific digital assets and market trends on-chain.
Defiance Daily Target 2X Long LUNR ETF operates in the U.S. financial markets and is available to U.S. and international investors through major brokerage platforms, targeting active traders, crypto-focused investors, and tactical allocators seeking leveraged, short-term exposure to the LUNR token. The fund is domiciled in the United States and is managed by Defiance ETFs, whose headquarters are in the U.S., with the underlying index calculated and administered in accordance with U.S. market conventions.
Defiance Daily Target 2X Long LUNR ETF belongs to the asset management and exchange-traded products industry, specifically within the thematic/leveraged ETF segment focused on cryptocurrencies and digital assets. It serves retail and institutional investors in the U.S. market, offering leveraged, single-asset crypto exposure as part of a broader suite of Defiance leveraged and inverse crypto ETFs.
As of the latest available information, there have been no recent name changes, major acquisitions, or capital raises specific to the LUNL ETF series; however, the product reflects Defiance ETFs’ ongoing strategic expansion into leveraged cryptocurrency-linked ETFs, including other “Daily Target 2X Long” and inverse products tied to prominent crypto tokens. The fund was launched in 2025 and is offered as a U.S.-listed ETF, with Defiance ETFs acting as the sponsor and investment manager responsible for daily portfolio management and risk controls.