- MDD
- -16.40%
- Sharpe
- 1.05
- Win rate
- 48.2%
- Vol 30D
- $2.55M
- Age
- 646d
- Skin in game
- 22%
- Perf fee
- 20%
- Lockup
- 2d
- Depositors
- 10
- Description
- Donchian breakout, ATR trail, flat in low ADX. Independent desk with a Blue V.
- Donchian breakout with ATR trailing stop. Flat when ADX < 18.
- Process
- Daily bar. 20/55 channel. Position size = 1% equity / ATR.
- Custody
- Capital enters a MAIN illustration account, subscription moves to STRATEGY, exits return to MAIN then redeem. Segregation is illustrative.
| Market | Side | Size | Entry | Mark | uPnL (ROE) | Liq. price | Margin |
|---|---|---|---|---|---|---|---|
| BTC | long | $196,756 | 65,402.70 | 64,200.00 | -$3,618.17 -15.32% | 47,089.94 | $23,611 |
Community & manager updates
The manager's market reads, rebalance records and monthly letters, alongside depositors' discussion. All simulated.
Discussion
8 posts · 6 replies · 7 participants · Last activity 4 Sept 2026
- 5 Sept 2026via Web
Signal check: BTC Trend Desk is long and in trend. The stop and the sizing rule are on the factsheet and have not moved. Flat stretches are part of the design; do not read them as a broken product.
Sized this at a few percent of NAV next to cash-like. The 2-day lockup keeps me from doing anything stupid.
Checked this against the fills. Consistent with the letter.
- 4 Sept 2026via Web
How would you size BTC Trend Desk inside a book that already holds $Orbit Liquidity Provider (OLP)$ as ballast?
As a satellite: single-digit percent of NAV for an R4. OLP is the ballast; this is not, however good the 30D looks.
- 3 Sept 2026via Web
Scheduled rebalance, largest moves listed.
Market Side Fill Weight BTC long 64,296.38 36.0%→25.0% Rebalanced 3 Sept 2026 - 31 Aug 2026via iPhone
August letter for BTC Trend Desk: +9.1% for the month, intramonth drawdown inside budget, no rule changes. Fees and lockup unchanged: 20% performance, 2-day lockup. Full attribution is on the factsheet.
Attribution before excuses. Thank you.
- 29 Aug 2026via Web
What does the worst week look like for BTC Trend Desk? The published -16.4% max drawdown is a number, not a story.
The -16.4% was a two-week episode with the stop doing its job on day nine. The story is on the factsheet under Process; the fills are on-chain.
- KestrelDepositor · 2026-0527 Aug 2026via iPhone
Compared BTC Trend Desk with the two closest vaults on the list. Same category, lower drawdown here, slightly lower APR. I will take that trade every time.
This is the comment every new depositor should read before the factsheet.
Trading involves risk. Past performance is not indicative of future results. Vault NAV can rise or fall.
Independent BTC trend. High vol, published rules, no discretion overnight.
- Official posts
- 4
- Replies
- 2
- Last post
- 5 Sept 2026
Signal check: BTC Trend Desk is long and in trend. The stop and the sizing rule are on the factsheet and have not moved. Flat stretches are part of the design; do not read them as a broken product.All vaults by this manager
Latest rebalances
Fills and weight changes the manager published
| Market | Side | Fill | Weight |
|---|---|---|---|
| BTC | long | 64,296.38 | 36.0%→25.0% |
Trading involves risk. Past performance is not indicative of future results. Vault NAV can rise or fall.