Price, volume, completed hourly signals, market volatility, directional efficiency and funding. AdaptiveTrend contributes as one provisional internal sleeve because it has the longest available historical study; it is not the benchmark. Order-book data determine modeled execution cost, not direction.
If one sleeve wants long BTC and another wants short BTC, Unified trades only the residual exposure. This prevents the public model from paying twice for opposing internal ideas.
The benchmark estimates BTC volatility from completed daily returns and targets 20% annualized risk. At 50% estimated volatility it holds roughly 40% BTC exposure. Exposure is capped at 1.5× and only rebalanced outside a 20% relative band.
Unified and its benchmark include modeled taker fees, observed half-spread, conservative extra slippage and hourly perpetual funding. Cash yield is zero unless a real, auditable yield source is introduced.
No. There is no wallet, signing key or live-order route.
No. Evidence time, drawdown, costs and the minimum detectable difference remain visible. Short windows cannot establish a durable advantage.
The track record was preserved, but execution became one net portfolio, turnover controls were added and the public benchmark changed to equal-risk BTC. The change is marked rather than hidden.