We design, build and trade quantitative strategies on on-chain markets for equities, indices, commodities and crypto, and in Korean cash equities. From the data lake to live execution, work with us on agentic trading systems, quant strategies, market-making, or independent advisory.
Both strategies trade live on Hyperliquid, so every fill, funding payment and position can be checked on-chain. Open a live book for the full track record.
An asymmetric risk:reward long/short CTA on leveraged perpetuals across crypto, equities and commodities. Losing ideas are cut fast; winners are given room to run.
A USD-neutral long/short CTA on the most liquid universe of stocks, commodities and crypto. Long and short books are sized to offset, so returns come from selection, not market direction.
We are traders who build and engineers who trade. The same data, research and execution stack sits under our own books and under every client system we deliver.
Our flagship dollar-neutral long/short system trades the most liquid crypto, equity and commodity perpetuals on-chain, fully automated.
| Metric | Live system |
|---|---|
| Annualised return, after fees | 40% |
| Maximum drawdown | 3.78% |
| Sharpe ratio | 2.78 |
| Sortino ratio | 2.9 |
| Net exposure (target) | Dollar-neutral |
| Universe | Crypto, equity & commodity perps |
Most teams own one or two stages and stitch together the rest. We engineer the full chain as one system, so data, research and execution never drift apart. Take the whole pipeline, or only the stage you are missing.
Candles, funding and order-book data from every venue, cleaned, layered and refreshed nightly.
A deterministic engine and an agentic loop that sweeps strategies and scores every result.
Ask the data lake in plain English. Get the answer, the statistics and the SQL behind it.
Fleets of research, execution and monitoring agents, coordinated under human-owned rules.
Order service with sizing, hedging, stops and circuit breakers, live around the clock.
On-chain vaults with institutional custody, NAV reporting and investor-grade letters.
| Layer | Contents | Scale |
|---|---|---|
| BronzeRaw | Venue payloads exactly as received: candles, funding, market metadata | All venues |
| SilverClean | One-minute and hourly bars, normalised symbols, data-quality ledger | 50.8M 1-min bars 714K hourly bars |
| GoldResearch | Daily bars, funding history, approved metrics and a permanent trial registry | 1.24M funding rows 121K daily bars |
| AccessAgents | Read-only, scoped keys for researchers, clients and AI agents; queried in SQL or plain English | Refreshed nightly |
| Stage | What we deliver | Key capabilities | Output you own |
|---|---|---|---|
| 01Data lake | A research-grade market data lake for your venues and instruments | Multi-venue ingestion · one-minute candles and funding · bronze/silver/gold layering · data-quality ledger · nightly refresh · scoped read-only access | Your data lake and its pipelines |
| 02Research & backtesting | A deterministic backtest engine and an agentic research loop | Strategy library · parameter sweeps · statistical promotion bar (probabilistic Sharpe, drawdown, exposure, sample size) · permanent trial registry | Validated strategies with a full evidence trail |
| 03AI analyst | Natural-language access to your data lake and engine | MCP-connected agents · plain-English questions answered with statistics and SQL · house rulebook the agent must follow · new trials written on request | An analyst desk that works around the clock |
| 04Agent orchestration | Coordinated agent fleets across research, execution and operations | Multi-agent workflows · research, validation and monitoring agents · human-owned guardrails · task routing and hand-offs · reporting agents | An automated operating layer for your desk |
| 05Production execution | Your strategy, running live and unattended | Order service (sizing, entries, exits, take-profit and stop-loss, hedging) · isolated-margin presets · circuit breakers · liquidation-wick protection · copilot-to-autopilot rollout · 24/7 monitoring | A live trading system and its runbook |
| 06Vault & custody | On-chain vaults that take in capital safely | Vault design and deployment · audited contracts · institutional multisig custody · permissioned execution · NAV and fund-letter reporting | An investable product with investor reporting |
| Venue | Market structure | Data | Research | Execution | Risk | Vaults |
|---|---|---|---|---|---|---|
| Lighter | ZK-rollup order-book perpetuals | |||||
| Hyperliquid | L1 order-book perpetuals, incl. builder-deployed equity and commodity markets | |||||
| Aster | Multichain order-book perpetuals | |||||
| edgeX | StarkEx order-book perpetuals | |||||
| Paradex | Starknet appchain order-book perpetuals | |||||
| dYdX | Cosmos appchain order-book perpetuals |
Every strategy is a written rule set, a single decision engine shared by research and live trading, and a control stack that keeps it inside its limits.
| Principle | How it is enforced |
|---|---|
| One engine, research to live | A single pure decision function drives the backtest and the live runner. No second implementation to drift. |
| Frozen, verified data | Universe snapshots and datasets are written once and checksum-verified on every load. |
| Tested invariants | 117 automated tests, including randomised portfolio invariants across staggered listings, funding and execution modes. |
| Unlevered by construction | Capped slots, and every fill clamped to settled cash, so the book can never lever up. |
| Funding-aware P&L | Funding accrues daily on every held position and settles at exit. |
| Crash-safe execution | Journaled orders, pre-send checks, a kill switch and journal-to-venue reconciliation on every run. |
| Style | Long-only trend following |
| Universe | Eligible crypto, equity and commodity perpetuals, snapshotted and audited |
| Signal | Trend-slope entry, confirmed on closed daily bars |
| Portfolio | Capped equal-weight slots; contention ranked by open interest |
| Exit | Volatility-scaled trailing stop |
| Leverage | None |
| Execution | Daily, at the signal close or the next open |
An automated market-making operation across centralized and decentralized venues, delta-neutral funding-basis books that pair on-chain perpetuals with the cash market, and AI-driven equity screening for value mandates.
Held through a regulated broker. KRW, unlevered, no liquidation.
Builder-deployed equity market. USDC, isolated margin.
Leveraged on-chain longs, trading after the Korea Exchange closes.
Funding collected, with the stock's price moves offset.
| Control | What it does |
|---|---|
| Hedge matching | Micro-rebalances keep the short's USD notional matched to the long, FX-adjusted |
| Margin defence | Tops up isolated margin automatically to hold the liquidation price away |
| Live monitoring | Margin ratio, liquidation distance, funding and hedge drift, alerted in real time |
| Liquidity gate | Refuses to open on markets below a minimum daily volume |
| Safe by default | Dry-run unless armed; one command flattens both legs |
Liquid KOSPI and KOSDAQ stocks after a price and liquidity gate
Excludes financials, utilities, holding companies, SPACs, REITs
Ranked on earnings yield plus return on capital
AI committee of three value lenses agrees a 0–10 score
Published monthly to the client, with full reasoning
We advise from the desk, not the whiteboard. Every recommendation is something we have built, broken and fixed on our own books.
| Mandate | What we advise on | Typical client |
|---|---|---|
| AStrategy validation | Backtest review, overfitting and multiple-testing checks, statistical promotion bars, live-versus-backtest drift | Funds, family offices, allocators |
| BTrading infrastructure | Data architecture, research tooling, execution stack, build-versus-buy decisions and vendor selection | Funds, prop and treasury desks |
| CAI for investment teams | Agentic research desks, AI investment committees, and governance of model output in the investment process | Family offices, asset managers |
| DRisk & operations | Control stacks, staged rollouts, incident playbooks, custody and execution separation | Funds and trading desks |
| EMarket access | On-chain perpetual markets for traditional investors; Korean market structure and cross-market carry | Family offices, TradFi desks |
We meet clients in any quadrant. Funds usually bring the strategy; family offices and platforms usually bring the capital and the mandate.
Execution, risk, vault and reporting built around your strategy.
Agent orchestration, research acceleration and an operating mandate.
Strategy, data, engine and execution: a complete, investable system.
Our strategies and research loop feeding your desk.
The mandate, the capital, the decisions.
Data, strategies, engine, code, custody and upkeep.
| Engagement model | Best for |
|---|---|
| Full build | A complete system delivered and handed over |
| Build & operate | We build it and run it for you, day to day |
| Strategy licence | Our systematic strategies on your infrastructure |
| Single stage | Plug the one gap in your existing stack |
| Advisory retainer | Senior guidance through every decision |
Client names withheld. References available on request.
One team runs our own books and builds every client system, across the three time zones that span Asia's trading day.
Desk covering Southeast Asian markets and clients.
Indochina Time (UTC+7)
Head office: strategy, research, engineering and client coverage.
Singapore Time (UTC+8)
Desk covering Korean markets, exchanges and clients.
Korea Standard Time (UTC+9)
Every system we trade or deliver carries the same control stack. Each layer is designed to catch what the layer above it misses.
A 30-minute call with the team that trades. We map your mandate onto our practices and show you what it takes to put it live.
Email the team →