Glass box Every number read from a real artifact

00 / The glass box

Proven in the open.

Including the strategies that failed, with their real numbers.

Every figure here is read straight from a real engine artifact, never typed by hand, down to the sleeves we killed and the grade we did not pass.

  • Zero fabrication. If a value is not available, the element is omitted, never invented.
  • No fake history. The live track record accrues from go-live. It claims no history it did not live.
  • Failures published. Killed sleeves, the C+ deflation null, all in full.
  • Reproducible. The backtest is content-hashed and byte-reproducible, not "blockchain-anchored".

-- killed -- survived -- deflation grade -- accruing

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01 / Live track record

We publish no return until it is earned in the open.

The live paper record begins at go-live and is shown only as it accrues.

Status --
-- days accruing
Go-live
--
Live NAV
--
Live return
--
Baseline
--

--

02 / The kill log

Most ideas die. We publish ours, with their real numbers.

The strategies that failed, with their real net-of-cost Sharpe.

// --

Select a row to see why it lived or died. Killed sleeves leave the book and are not re-tuned.

Strategy Net Sharpe Return Max DD Period Verdict

03 / Pre-registration

We committed the trial budget before we touched the data.

The trial budget was committed to git before any sleeve touched the lake.

Trial budget, hard ceiling
--
Document
--

Measure-once protocol Budget and test design were fixed before the data was touched. The final count cannot be cherry-picked. --

Expected --

Actual --

04 / The deflation verdict

Crypto alone did not clear the bar. We publish the null in full.

The grade on crypto alone, read straight from the artifact.

Deflated Sharpe (shared) --
-- gate --
Prob. of backtest overfitting --
-- gate < --

Capacity decay, annualised Sharpe by deployed capital

-- Deflation grade

--

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05 / Capacity & scalability

Size has a price. The crypto carry caps near $10M.

How much capital this book can run before the edge decays, told straight.

Forward book Sharpe by deployed capital AUM (log) to deflated forward Sharpe
Crypto carry capacity -- --

--

Equity-core threshold -- --

--

// --

Deflated forward Sharpe
-- to -- · central --
Net return, 14% vol-target
--

06 / Reproducibility

Content-hashed. Byte-reproducible. Reproduce our numbers.

A golden-master test asserts every fill, fee and funding payment from hand-written arithmetic.

We claim. --

We do not claim. --

-- -- lines

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Verifiability

Fill-price tolerance
--
Funding settlements, real BTC week
--
Registered factors
--

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