Skip to content
← The ledger

AXN-2026-06-17-00095

VELODROMEUSDTLONGBitcoin Wizardposted 2026-06-17 16:17 UTCclosed 2026-06-18 15:43 UTCloss

Everything below comes from Axion's own record of this call. You do not have to take any of it on trust ↓

The result, and where its numbers come from

Every figure here is Trading Core's. This page substitutes them into the formula the methodology publishes; it does not do the division itself.

The R, with the numbers in it
R = (exit − entry)÷(entry − stop),signed for direction
(0.0167410.01851666)÷(0.018516660.01689)
= −1.09R
Entry the R was measured from0.01851666
Stop the R was divided by0.01689
Exit0.016741
Unleveraged price move−9.59%

Entered at market — no price was posted, so the weighted fill price is what the R was measured from.

Which exit, and the market evidence for it
Exit reachedCLOSE
EvidenceCONFIRMED_CANDLE
VenueBYBIT · VELODROMEUSDT
Exit at2026-06-18 15:44 UTC
Candlevirtual-fill:140b09256addf8372592eebbf76b8637d5eeafe266d4ee1ddb3af8a782cfdaeb

The signal as posted

The structured levels, exactly as they reached the record. The analyst's own message is never reproduced here — only what it said in numbers.

Entries
CMPMARKET
DCADCA0.01791
Stop as posted
0.01689
PRICE_TOUCH
Leverage as posted
Targets
TP10.0204
TP20.022
TP30.024
TP40.02765

Posted as Discord message 1516839091197448474. Open it in Discord

What happened, in order

Every canonical event, including the ones later superseded. They are flagged rather than removed, because there is one attestation record per event and hiding them would leave records below corresponding to nothing.

Opened
2026-06-17 16:17 UTC
Stopped out
2026-06-18 15:43 UTC

What a follower would have made

A modelled figure, published beside the measured one and never instead of it.

Follower R (net, modelled)−1.11R
Round-trip cost−0.02R
Follower price move−9.73%
Cost as price move−0.14%

Modelled after the fact, not measured: the published R less one round trip of fees and slippage. It assumes no funding cost and no delay between the call being posted and the order being placed, so a real follower who held through a funding window, or who was slower than the analyst, paid more than this.

What that cost was calculated from
Maker fee2 bps
Taker fee5.5 bps
Market slippage2 bps
Stop slippage5 bps
The legs this call resolved to
ENTRY: a market or cmp entry, taken at whatever was thereTAKER, 5.5 bps fee, 2 bps slippage
EXIT: the analyst closed or trimmed the position by handTAKER, 5.5 bps fee, 2 bps slippage
Every leg in the table
ENTRY: a limit, range or DCA entry, which rests in the bookMAKER, 2 bps
ENTRY: a market or cmp entry, taken at whatever was thereTAKER, 5.5 bps + 2 bps slippage
ENTRY: a stop entry, which crosses the book when it triggersTAKER, 5.5 bps + 5 bps slippage
EXIT: the exit is a published target, which rests in the bookMAKER, 2 bps
EXIT: the exit is a stop, break-even includedTAKER, 5.5 bps + 5 bps slippage
EXIT: the analyst closed or trimmed the position by handTAKER, 5.5 bps + 2 bps slippage

Funding: not applied. Execution delay: not applied. Read from benchmark policy axion-bybit-linear-v4 v4.

Verify this call yourself

Each record below is a small document that was hashed when it was written, and the hash was published in three places. Your browser recomputes them from the bytes; the anchors are links you follow yourself.

Checking 3 records…

Recomputing each hash in this browser.

#1opening
Committed2026-09-05 09:17 UTC · posted 2026-06-17 16:17 UTC
Published hash526f4a672039b211e052ad3443e547e4d61be62f636321e0f6997b56c09a5835
The exact bytes that were hashed (2,249 characters)
{"corrected_kind":null,"event":{"effective_at":"2026-06-17T16:17:16.000000Z","id":"asv2:4cd1806755ad04db361b3aecac16bbdc604f563c","observed_at":"2026-07-14T09:05:36.000000Z","origin":"ANALYST_REPORTED","recorded_at":"2026-07-14T16:49:43.573137Z","semantic":"UNSPECIFIED","type":"TRADE_OPENED"},"kind":"opening","levels":{"announced_dca_slots":"0","auto_sl_be_override":null,"entries":[{"allocation_pct":null,"entry_id":"CMP","match_current_position_quantity":false,"price":null,"price_high":null,"price_low":null,"trigger_price_type":"LAST","type":"MARKET"},{"allocation_pct":null,"entry_id":"DCA","match_current_position_quantity":false,"price":"0.01791","price_high":null,"price_low":null,"trigger_price_type":"LAST","type":"DCA"}],"label":null,"leverage":null,"quantity_basis":null,"quantity_pct":null,"reference_price":null,"semantic_kind":"UNSPECIFIED","stop":{"at_break_even":false,"candle_interval_minutes":null,"condition_operator":null,"price":"0.01689","trigger_mode":"PRICE_TOUCH","trigger_price_type":"LAST"},"stop_deferral":null,"targets":[{"close_pct":null,"is_runner":false,"price":"0.0204","quantity_basis":"ORIGINAL","target_id":"TP1","trigger_price_type":"LAST"},{"close_pct":null,"is_runner":false,"price":"0.022","quantity_basis":"ORIGINAL","target_id":"TP2","trigger_price_type":"LAST"},{"close_pct":null,"is_runner":false,"price":"0.024","quantity_basis":"ORIGINAL","target_id":"TP3","trigger_price_type":"LAST"},{"close_pct":null,"is_runner":false,"price":"0.02765","quantity_basis":"ORIGINAL","target_id":"TP4","trigger_price_type":"LAST"}]},"posted_at":"2026-06-17T16:17:16.000000Z","previous_record_hash":null,"record_id":"AXN-2026-06-17-00095/1","record_number":"1","restates":null,"result":null,"salt":"7d46b0631737f5380ea288d0b1cb58a9a96475e0f28cd3650e4c8b4b612dbee2","schema":"axion-attestation/1","signal_id":"AXN-2026-06-17-00095","source":{"analyst_id":"731235844077387816","channel_id":"1332788339991908432","content_hash":null,"event_key":"1516839091197448474:8c54a2693396:0","guild_id":"793098557715906597","message_id":"1516839091197448474","revision":"0","system":"AXIONSIGNAL_V2"},"supersedes":null,"trade":{"analyst":"discord-731235844077387816","instrument":"VELODROMEUSDT","provider":"axion","side":"LONG"}}
Or check it in a terminal
sha256sum records/AXN-2026-06-17-00095/1.json
Anchors
Public loganchoredlog/2026-09-05.jsonl line 4662026-09-05 09:17 UTC
Sigstore Rekoranchoredlog index 27235401762026-09-05 09:38 UTC
OpenTimestampsanchoredBitcoin block 965,5952026-09-05 13:14 UTC
Proof fileanchoredcommit 94fa7032026-09-05 13:35 UTC
#2stopped
Committed2026-09-05 09:17 UTC · posted 2026-06-18 15:43 UTC
Published hash001f679f447d36cdfc38644d63bac605a1cd4f8baf5306952f59a181a669c169
Previous record's hash526f4a672039b211e052ad3443e547e4d61be62f636321e0f6997b56c09a5835
The exact bytes that were hashed (1,304 characters)
{"corrected_kind":null,"event":{"effective_at":"2026-06-18T15:43:14.000000Z","id":"asv2:3e161feb51be6c6c8e821f6463b4ea259903153c","observed_at":"2026-07-14T09:05:38.000000Z","origin":"ANALYST_REPORTED","recorded_at":"2026-07-14T16:49:43.887086Z","semantic":"UNSPECIFIED","type":"TRADE_STOPPED"},"kind":"stopped","levels":{"announced_dca_slots":"0","auto_sl_be_override":null,"entries":[],"label":null,"leverage":null,"quantity_basis":null,"quantity_pct":null,"reference_price":null,"semantic_kind":"UNSPECIFIED","stop":null,"stop_deferral":null,"targets":[]},"posted_at":"2026-06-18T15:43:14.000000Z","previous_record_hash":"526f4a672039b211e052ad3443e547e4d61be62f636321e0f6997b56c09a5835","record_id":"AXN-2026-06-17-00095/2","record_number":"2","restates":null,"result":null,"salt":"332d04683a357d16753481cbc2492f1b14344f9087889946756302e368d39f43","schema":"axion-attestation/1","signal_id":"AXN-2026-06-17-00095","source":{"analyst_id":"731235844077387816","channel_id":"1332788339991908432","content_hash":null,"event_key":"1517192924272529489:c75c6011c6ab:0","guild_id":"793098557715906597","message_id":"1517192924272529489","revision":"0","system":"AXIONSIGNAL_V2"},"supersedes":null,"trade":{"analyst":"discord-731235844077387816","instrument":"VELODROMEUSDT","provider":"axion","side":"LONG"}}
Or check it in a terminal
sha256sum records/AXN-2026-06-17-00095/2.json
Anchors
Public loganchoredlog/2026-09-05.jsonl line 4672026-09-05 09:17 UTC
Sigstore Rekoranchoredlog index 27235407612026-09-05 09:38 UTC
OpenTimestampsanchoredBitcoin block 965,5952026-09-05 13:14 UTC
Proof fileanchoredcommit 94fa7032026-09-05 13:35 UTC
#3result
Committed2026-09-05 09:17 UTC
Published hashf539e9d72cd0448fa9ea5c76a2117060351b78bb31c14d5eab77546b2cb3d236
Previous record's hash001f679f447d36cdfc38644d63bac605a1cd4f8baf5306952f59a181a669c169
The exact bytes that were hashed (1,479 characters)
{"corrected_kind":null,"event":null,"kind":"result","levels":null,"posted_at":null,"previous_record_hash":"001f679f447d36cdfc38644d63bac605a1cd4f8baf5306952f59a181a669c169","record_id":"AXN-2026-06-17-00095/3","record_number":"3","restates":null,"result":{"calculation_version":"1","classification":"LOSS","closed_at":"2026-06-18T15:44:00.000000Z","entry_price":"0.018516659623093927","evidence_identity":"virtual-fill:140b09256addf8372592eebbf76b8637d5eeafe266d4ee1ddb3af8a782cfdaeb","evidence_kind":"CONFIRMED_CANDLE","evidence_label":"CLOSE","exit_at":"2026-06-18T15:44:00.000000Z","exit_price":"0.016741","exit_reason":"STOP_LOSS","move_pct":"-9.59","optimistic_result_hash":"8dddbf2345c533e4f3eb3b6163442dbc942e59e4f37b83fb771c3fb627a7f259","outcome_state":"FINAL_STOPPED","policy_hash":"c25615a2bb2cf3e3590165216539c05770c26a18926f19f4c3b5c738ba99f031","policy_key":"axion-bybit-linear-v4","policy_version":"4","portfolio":"official-v4","projector_version":"23","r":"-1.09","result_key":"17e6b0d09b102391c5b570522566f97550cbafbb8140a8aae7ab6fb30df6b91f","strict_result_hash":"c4d86c12756cb9ee34ab20c3889843277c4136fc20d8b4f657955d7ec3876add","venue":"BYBIT","venue_symbol":"VELODROMEUSDT"},"salt":"564d7dc093a2512dc34c678eec7a67a09382f4fb7552503a296aea9f7299f177","schema":"axion-attestation/1","signal_id":"AXN-2026-06-17-00095","source":null,"supersedes":null,"trade":{"analyst":"discord-731235844077387816","instrument":"VELODROMEUSDT","provider":"axion","side":"LONG"}}
Or check it in a terminal
sha256sum records/AXN-2026-06-17-00095/3.json
Anchors
Public loganchoredlog/2026-09-05.jsonl line 5712026-09-05 09:28 UTC
Sigstore Rekoranchoredlog index 27235687542026-09-05 09:41 UTC
OpenTimestampsanchoredBitcoin block 965,5952026-09-05 13:17 UTC
Proof fileanchoredcommit 94fa7032026-09-05 13:35 UTC

Every record above is published in Axion's public transparency repository, alongside the signing key and a description of the format.

Which engines produced these figures

official-v4
Portfolio
axion-bybit-linear-v4
Policy
4
Policy version
v23
Projector
v1
Calculation
2026-09-06 04:48 UTC
Read at
Policy hash c25615a2bb2cf3e3590165216539c05770c26a18926f19f4c3b5c738ba99f031