NectarSWARM RESEARCHConnecting…

FOLLOW THE DECISIONS. FOLLOW THE MONEY.

One swarm. Separate accounts.

The flies contribute opinions to the consensus. Their account balances are never pooled into it.

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These are different trading experiments

TRADING HISTORY · CALENDAR ELAPSEDLoading recorded start…
CURRENT SESSIONChecking recovery history…

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How estimated APY and trading duration are calculated

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APY is a compounded annual equivalent of the observed net return, not a forecast or promised yield. Formula: ((current equity ÷ starting equity)365 ÷ elapsed days − 1) × 100. It includes open-position P&L, fees and funding. A short experiment can produce extreme estimates; losses can annualize close to −100%.

We show estimates after 24 hours of recorded calendar history. Duration starts at the original recorded run, includes pauses and downtime, and survives checkpoint recovery. It is not a count of hours actively trading or time since the first fill. All three experiments share this history. Individual flies use their own starting equity; the combined fly estimate uses their total equity and starting capital, not an average of their APYs.

Values use the latest account snapshot and stop advancing when updates stop. Missing or incomplete history leaves APY unavailable. About annualized returns ↗

Each account has its own starting balance. Dollar totals across several accounts are not directly comparable to one account.

WHAT IS SHARED?

Decisions flow across. Money does not.

1

BTC market data

All strategies observe the same market.

2

Fly opinions

Each fly says long, short or hold, while testing its own paper position.

3

Consensus + risk rules

Eligible votes choose a direction. Risk and sizing rules determine whether an order follows.

4

A separate account

Only its own fills, position, fees and funding change the consensus balance.

Waiting for the latest consensus vote.

Hold can keep an existing position open. Muted flies still run their own paper experiments; their votes are excluded from consensus. A current vote is not a fill receipt.

How can every fly lose while consensus wins?

The consensus does not copy every fly’s trade. It can enter at different times, hold for longer and trade less. That creates a different profit history and different fees. A losing private account does not send a bill to the consensus account.

Trade and fee comparisons will appear with the current data.

This separation explains why the numbers can differ. It does not establish that the consensus will keep outperforming.

EVERY ACCOUNT, SIDE BY SIDE

Choose an account to inspect

Each row is a separate account. Returns and estimated APY use that row’s own starting equity and the shared trading history above.
AccountStarting equityCurrent equityNet P&LReturnEst. APYFillsExecution
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EXPLAIN THIS BALANCE

Swarm consensus