god why back to curry hill
Patterns in this vault’s record that have more than one explanation.
None of them lowers its grade and none of them is a finding of wrongdoing, a ledger cannot separate the readings below, and neither can we.
Measured over the last 30 days, as of 2026-11-01 03:01 UTC. A pattern that stops is cleared rather than left standing.
Severe market and depositor concentration risk on this vault, against an overall band of high.
Over 43 daily readings it has ranged from -49.61% to 500.00%, averaging 17.97%. The tile above shows today’s quote alone.
Pick or type an amount to weigh it against both: what the venue says could leave now, and the largest single withdrawal anybody has made here.
The contract imposes no notice period and no request step: a redeem that succeeds settles in the transaction that asks for it, and it succeeds only if the vault holds enough to pay at that moment, which is the liquidity reading and a separate question.
There is no queue and no lock-up in the contract.
A quoted rate is one input, not a verdict.
It ignores deposits and withdrawals: only trading moves this line.
Dashed: what depositors put in, net of withdrawals. Where the two rise together the growth was deposits, not performance.
Everything above is reconstructed from public data. A declaration is free, signed from this vault’s own key, and cannot be edited afterwards.Note 28
Six questions, and what we hold for each. 1 of 6 is not measured for this vault.
| Source mark | Question | What we hold | Source |
|---|---|---|---|
| What does it hold or lend into? | USDCThe venue names a deposit asset. What the vault actually holds behind it has not been read. | Declared | |
| How much could leave now? | $0.00What the contract will pay out now, read from it. Not the same as what is idle. | Measured | |
| Who runs it, and what else have they run? | God Why Vault 2A named operator with a record across every vault they run, including the ones that closed. | Measured |
That is -22,967.95% on the capital the strategy currently runs.
Underwater over this window. Costs exceeded everything earned.
Computed from 1,600 fills over the 7d in which funding could also be measured, so every part is taken from the same days. That window opens when we started watching, not when the vault started trading. Measured by differencing 187 snapshot intervals over 6.9 days. 11 of 198 intervals were not attributable, a position closed and reopened, or a snapshot was missed, so this is a floor.
Built from 2,300 individual fills. Two strategies with identical signals can differ by hundreds of basis points purely in how they get filled, taker share, fee rate, slippage. This is the part of a result that is operational competence rather than market view, and it is what tells you whether a good year was skill or a good venue.
See what unlocksAlready a customer? Sign inTiming indicates model assisted management, confidence 100%.
Timing only. This says nothing about whether the strategy is any good, a losing bot is still a bot.
SPX rises 69.6% to 0.65066, from 0.38354 now.
Leverage 4.5× weighted by size, 5× on the most levered leg, a liquidation starts at the second number, not the first.
Our margin model puts this at 0.0% instead. Both are shown because the disagreement is real: the venue knows its own maintenance requirement, and the model knows what a market-wide move does to every leg at once.
The closest liquidation is 70% away at the venue's own reported price. Weighted leverage is 4.5×. 1 of 3 positions carry no liquidation price, so the nearest is the nearest we can see.
CASHCAT falls 0.0% to 0.12127, from 0.12127 now.
That is the nearest single instrument breaching this account’s maintenance requirement, so it is a ceiling on safety: a market-wide move hits every leg at once and arrives sooner. Computed from the venue’s own margin state at 2026-10-09 19:24 UTC.
| Instrument | Side | Notional |
|---|
| Instrument | Edge | Taker | Median trade | Limit |
|---|---|---|---|---|
| PENGU | 988.7bps | 100% | $392.00 | Limited by market share: 10% of 0M daily volume across 36 trades a day. |
| SPX | 1020.3bps | 29% | $131.00 | Limited by market share: 10% of 1M daily volume across 133 trades a day. |
| CASHCAT | -384.9bps | 5% | $116.00 | No positive edge observed, capacity is not the binding constraint here. |
| FARTCOIN | -554.1bps | 56% | $237.00 | No positive edge observed, capacity is not the binding constraint here. |
| ZEC |
Locked here: every depositor we read with their share of the vault, the largest single wallet, and the ledger of each deposit and withdrawal. A vault that is eighty per cent one depositor is a vault whose price can be reset by a single withdrawal, and whose headline TVL says almost nothing about whether anyone else believes in it.
See what unlocksAlready a customer? Sign inThe section above says money moved. This says what the movement WAS. A vault grows because deposits arrived, or because the trading worked, or because it was paid to hold a position, and a size figure renders all three identically.
What this page cannot show yet, and why.
The band weighs them against everything else, which is why it can read better without being in conflict.
Evidence · Not scored · 4 of 6 components read (72% of the weight)
Point at a risk to read what it rests on.
| Risk | Reads | In the band | From |
|---|---|---|---|
| Market | Severeworse than the band | Yes | drawdown, liquidation |
| Liquidity | Low | Yes | exit |
| Depositor concentration | Severeworse than the band | Yes | concentration |
| Operating | Not read | Yes | nothing fed it |
| Controller | Not read | No | who may move the money |
| Evidence | Not scored | No | 4 of 6 components read (72% of the weight) |
The levels come from this vault’s own risk components and controller reading. The bars draw them; they are not a second calculation, and there is deliberately no overall figure.
The overall band weighs every component together instead, so it can read better than this and is not in conflict with it: a dimension says how bad its worst reading is, the band says what the whole weighs.
Low observed risk is not zero risk. The overall band weighs every component together instead, so it can read better than this and is not in conflict with it: a dimension says how bad its worst reading is, the band says what the whole weighs.
It measures how much of the vault its largest depositor holds, not how much the vault lends into one market; that is the allocation table. The overall band weighs every component together instead, so it can read better than this and is not in conflict with it: a dimension says how bad its worst reading is, the band says what the whole weighs.
That is our coverage, not a finding.
Unexamined is not acceptable, and this is not part of the overall band either way.
By weight, 72 of the 100 points that apply were read, which is 72% of the component weight the band could draw on (a different denominator: components are not equally weighted). This is a statement about our coverage and carries no level of its own, because how much we could read is not a risk the vault runs.
These are the same seven fields in the same order for every vault, so a high rate and a high rate nobody can withdraw from do not look alike.
| What does it depend on? | Hyperliquid on HyperliquidThe venue and the chain are known; what the strategy routes into underneath them has not been read. | Declared |
| Who can change it, and how fast? | —Access control has not been read for this vault. Who can move the money, and how quickly, is unknown. That is not the same as nobody being able to. | Not measured |
| How much of the above was measured? | 3 of 5 not measuredCounted from the rows above rather than asserted. Every figure on this page carries when it was read and what it was read from; the gaps are listed on /reconciliation with their size. | Measured |
This is not a score and there is no letter at the end of it: the answers are different kinds of thing and compressing them into one number would hide exactly the part a reader needs. Where we have nothing, the row says so.
The mark says where an answer came from, never whether it is good: a filled circle is a reading we made, a half circle an inference from readings we hold, quotation marks what the venue or operator states, and a dashed ring means we did not read it rather than that there is nothing to read.
Nothing here is a rating, a recommendation, or a statement that this vault is safe.
These fields are empty because nobody has attested them, not because we failed to find them.
An operator who registers gets a record that provably cannot be edited after the fact, and a grade no unregistered strategy can reach.
| Share |
|---|
| Entry |
|---|
| Unrealised |
|---|
| Leverage |
|---|
| long | $60.6k | 23% | 0.174839 | -$26.8k | 3x | |
| short | $85.7k | 33% | 0.009631 | $10.6k | 5x | |
| short | $115.1k | 44% | 0.4516 | $20.4k | 5x |
Snapshot taken 2026-10-08 06:41 UTC. A strategy that flips intraday can look flat at every snapshot and still carry risk in between. Click an instrument to see every other vault holding it.
| -335.8bps |
| 100% |
| $4.0k |
| No positive edge observed, capacity is not the binding constraint here. |
| UNI | -440.9bps | 20% | $704.00 | No positive edge observed, capacity is not the binding constraint here. |
| Money in and out | $0 |
| Closed trades | $0 |
| Fees | $0 |
| Funding | −$308 |
| Open positions moved | −$19,455 |
| Not explained0.2% of the $22,657 that moved | $36 |
| Change in value$121,730 to $102,003, 2026-10-01 to 2026-10-03 | −$19,727 |
Performance, which is the change less what arrived and left, is −$19,727 over 2 days and 0 fills.
5 further days are not included, because a reader has not covered them: 4 days because the funding ledger has been walked, but not over these days; 2 days because fills have been walked, but not over these days.
A line that falls is a book that pays to stay where it is.