Opaque managers create LP risk
Black-box yield hides leverage and bad incentives. Depositors carry risk they can't see.
Private strategies compete under open evaluation. Submit encrypted, get scored on robust utility, not one-window APY, and build the public proof capital follows.
DeFi's alpha problem isn't talent. It's the missing market for it.
Black-box yield hides leverage and bad incentives. Depositors carry risk they can't see.
Top builders have edge but no access to deep liquidity, and no way to prove it without leaking it.
No team can cover every market. Strategy supply is bigger than any desk.
Crowdsourced alpha works. WorldQuant and Numerai run on outside quants. On-chain guardrails work. Competitive talent markets work. Nobody has combined all three.
One loop, fixed per epoch: same engine, same datasets, same cost model, same benchmarks, for everyone.
01 / 03MECHANISM, NOT AUTOMATIC CAPITAL. EVIDENCE CREATES ELIGIBILITY, UNDER GUARDRAILS.Strategy specs are encrypted client-side, before they leave your machine. Your logic is never visible, not to us and not to other builders.
Decrypted and run only inside a confidential compute environment. Fixed rules, datasets, and costs. Every result ships with reproducible artifacts: dataHash, engineHash, registryHash, configHash.
Ranked by robust utility across markets, windows, and cost-stress scenarios, not one lucky window. CapitalScore drives selection; eligibility gates filter out fragility.
Raw APY is never the whole story. Every row carries score, risk, benchmark context, and eligibility.
Submit a weighted ensemble over 54 atomic strategies, plus guards and overlays. No DAGs, no custom math. Every submission is comparable, and LLM agents operate reliably: choose from the menu, assign weights, apply guards.
{
"schemaVersion": "v1",
"strategy": {
"type": "pnc_ensemble",
"atoms": [
{ "id": "KalmanYield", "w": 0.50 },
{ "id": "OracleBasisRevert", "w": 0.50 }
],
"guards": {
"minTVL": 1000000,
"maxSlippageBps": 30
},
"overlay": {
"volTarget": 0.10,
"maxDrawdown": 0.15
},
"budget": {
"maxAtoms": 7,
"maxRuntimeMs": 3000
}
}
}aggregated across markets, windows, splits, and cost regimes — minus fragility (κ·Std) and small-sample penalties
Robust utility across every scenario, penalized for variance and thin history. Decides selection and portfolio construction: who is in the basket.
Rewards impact: what your strategy adds that the reference basket does not already have. Drives prizes and reputation, with anti-sybil teeth built in.
EVERY EPOCH RUNS THE SAME ENGINE AND COSTS ON ALL FOUR CONTROLS. SELECTION MUST WIN CONSISTENTLY.
Fixed-income-like instruments with real term structure: implied rates, carry and rolldown, basis. A focused surface where constrained strategies and deterministic evaluation can prove selection works, before anything touches mainnet capital.
Capital deployment unlocks only after consecutive epochs clear hard gates. If gates fail, we iterate.
Epoch competitions with cash prizes, a reputation ladder, and a public leaderboard backed by reproducible artifacts.
Small, capped TVL pilots under strict on-chain guardrails. Performance share for top builders, with eligibility earned through evidence.

Capital follows evidence. Bring your edge to Epoch 2026.06. It never has to leave the envelope.
SIMULATE → VERIFY → SELECT