Backtests

Historical risk, replayed in public.

Frozen market inputs run through the same versioned methodology as the live engine. Every state transition carries a receipt you can recompute.

1 replay availablebyte-exact receipts

2025-10-10 · methodology 0.4.0

USDe liquidation cascade

Ten assets, 43,210 one-minute observations, 123 verifiable transitions. USDe reaches CRITICAL.

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