A systematic crypto fund operating on minute-scale data across spot and derivatives. Twenty-one production strategies, multiple uncorrelated signal families, validated across six years of market history.
系统化数字资产投资机构，立足分钟级行情数据，覆盖现货与永续合约市场。21 项生产策略，多类正交信号体系，历经六年完整市场周期验证。
Cross-venue pricing relationships carry information about institutional capital flow — a leading signal on major digital assets. 主流交易场所之间的价格关系蕴含机构资金动向，构成主流数字资产的领先信号。
Detection of structural turning points in market momentum, filtered by trend-strength conditions to suppress false reversals. 捕捉市场动量的结构性拐点，经趋势强度过滤，抑制虚假反转信号。
Strategy activation conditioned on market regime — position style adapts to the prevailing state, rather than fighting it. 策略启动以行情识别为前提，使仓位风格匹配当前市场状态，而非与之对抗。
Every signal uses only past data. Walk-forward validation. No look-ahead, no curve fitting beyond the optimization window. 所有信号严格基于历史数据，前向验证；杜绝未来函数与跨窗口曲线拟合。
Commission, slippage, and funding modeled per-trade. Next-bar-open execution. Backtest realism that exceeds typical retail and academic standards. 逐笔建模佣金、滑点与资金费率；下一根 K 线开盘成交。回测真实度显著高于零售与学术常见标准。
Multiple orthogonal signal families across five assets and five timeframes. When one cluster is wrong, others typically aren't. 多类正交信号体系，覆盖五种资产、五个时间周期；单类失效时，其他通常仍然有效。
Our 21-strategy production portfolio. In-sample backtest Sharpe 3.05 (2022–2025), validated out-of-sample on 2020–2021 (Sharpe 2.07) and 2026 YTD live OOS (Sharpe 2.87). 21 项策略组合。样本内回测夏普 3.05（2022–2025）；样本外覆盖 2020–2021（夏普 2.07）与 2026 年迄今真实样本外（夏普 2.87）。
Targets below are anchored on actual 2026 out-of-sample results through May 7 (127 days, true OOS), with conservative haircuts applied. Numbers are presented as target live / in-sample backtest. 以下目标基于 2026 年迄今 127 天真实样本外表现（截至 5 月 7 日），经保守折扣后给出。数据成对呈现：实盘目标 / 样本内回测。
Sharpe retention well above the industry >0.5 threshold for genuine edge in two independent out-of-sample windows places the portfolio in the top decile of systematic strategies. 在两段独立的样本外区间，夏普保持率均显著高于 0.5 的行业真实阿尔法阈值——这一表现跻身系统化策略前十分位。
CCXT-based bot infrastructure with Jesse strategy adapter. Backtest-to-live divergence within 1–2pp. Deployed on dedicated infrastructure in production-grade VPS. 基于 CCXT 的交易机器人架构，搭配 Jesse 策略适配器。回测与实盘偏差控制在 1–2 个百分点以内，运行于生产级 VPS。
Minute-resolution OHLCV across multiple market regimes. Coinbase, Binance, Binance Perp. Funding rate history modeled for directional cost. 横跨多个市场周期的分钟级 OHLCV 数据。来源涵盖 Coinbase、Binance、Binance 永续，包含完整资金费率历史。
Real net margin exposure of 0.67x at a 2x nominal setting — the 21-strategy diversification absorbs leverage as gross hedging. Liquidation risk effectively zero. 名义 2 倍杠杆下，真实净保证金占用仅 0.67 倍——21 项策略的内部结构将名义杠杆转化为对冲缓冲。爆仓风险趋近于零。
No discretionary overrides. No narrative trades. Every position is a model output. Drawdown limits are pre-committed, not reactive. 不做主观干预，不做叙事交易。每笔仓位皆为模型输出；回撤上限事先约定，而非事后被动响应。
We publish selected research notes — drawdown post-mortems, regime studies, structural-edge writeups — to qualified subscribers. The first issue ships with the live launch. 面向合格订阅者，定期发布精选研究笔记——涵盖回撤复盘、机制研究、结构性阿尔法解析等主题。首期随基金正式上线发布。
Subscribe to notes 订阅研究笔记For institutional allocators, family offices, and qualified individuals interested in systematic crypto exposure with quantitative rigor. Inquiries reviewed within five business days. 面向机构配置者、家族办公室及合格投资者；以量化纪律承载系统化数字资产敞口。咨询将于五个工作日内回复。