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BTC-TREND-4H · gate PASS (2026-07-28)

PASS ✓ — Sharpe≥1.20 · CAGR≥20% · MDD≤25% · all in-circuit MIZAN Level I · Honest Execution engine era · v11 · both-schools validation-complete

A cryptographic credential on the MIZAN registry — every number below is committed inside a zero-knowledge proof and re-derived by an independent verifier. The strategy itself is never revealed.

https://studio.mizan.market/credential/pass-btc-trend-4h
Attested by proof#pass-btc-trend
STARK sealverified — no trusted setup, re-checkable by anyone
Committed journalbound to this credential — one changed byte and every verifier rejects it
Engine erarecognized — v11 · image 3ac3b10b7930 (append-only era registry)
Gate policypinned — identical for everyone, computed in-circuit
Costsreturns are net of the committed per-side costs disclosed on this credential (in-circuit enforcement of the 7 bp + 3 bp floor is roadmap)
Lookaheadstructurally impossible — signal t → return t+1
Verdictrecomputed from the committed positions — a fabricated curve cannot pass
Independent re-verificationpassed on the standalone era verifier
The strategy itselfnever revealed — sealed by construction
Committed metrics · re-derived by the verifier
Sharpe · full / OOS1.41 / 0.84
CAGR23.0% (net +542% · 8.9y)
Max drawdown · worst bar−18.7% · -8.5%
Calmar · exposure1.24 · 27.8%
Trades125 (5442 of 19585 bars)
Independence (1−R²)57% · mkt 20% mom 41% rev 4%
Costs in-circuit7+3 bps
Out-of-sample flag. OOS Sharpe 0.84 — below the 1.20 gate bar on its own; the composite gate passed.
Tuning disclosure. This configuration is the winner of an earlier BTC-specific research search, pre-registered before minting — the pass is in-domain evidence carrying its own search history.
What this proves · what it does not
Provesthe committed computation ran on the pinned data under the locked gate — net of the committed, disclosed costs
Does not provefuture returns · deployable capacity · real-world fills beyond the committed cost model · transfer to other assets or windows · robustness to search multiplicity — a separate credential class, and one our own flagship fails
Trial count Nnot bound on this credential — the ledger binding is carried by deflated-Sharpe and validation credentials
Holder recordnot opted in — this holder has not elected to publish their complete record
Credential record
Credential idpass-btc-trend-4h
KindGate credential
IssuerMIZAN
DatasetBTC/USDT · 4h OHLC full history · 2017-08-17→2026-07-27 (19,585 bars)
Minted (UTC)2026-07-28T02:30:00Z
Proof size220 KB · STARK
Credential digest3767cc05a0ae303b…
Committed engine image3ac3b10b7930…
Anchored in time
Bitcoin anchor (OpenTimestamps)confirmed · Bitcoin block 959922
Anchored SHA-2563767cc05a0ae303bf17de5b88e186d44…
Re-verified from the bundle

Not re-run on this page: this credential's artifacts are not on the Studio box. The command below re-derives every claim on your machine.

Re-verify it yourself — zero trust in us

The verdict on this page is not an assertion by MIZAN — it is recomputed on your machine from the proof bundle. Download the bundle, grab the pinned era verifier and the canonical dataset from the Verify page, and run:

macOS (Apple silicon)
./mizan-verifier-v11-macos-arm64 pass_BTC_trend4h_20260728.bundle btc_4h_full.csvcopy
Linux x86-64
./mizan-verifier-v11-linux-x86_64 pass_BTC_trend4h_20260728.bundle btc_4h_full.csvcopy
Windows x86-64
.\mizan-verifier-v11-windows-x86_64.exe pass_BTC_trend4h_20260728.bundle btc_4h_full.csvcopy

Minted after your verifier was published? Pass --roots canonical_roots.txt (from the catalogue) so a newer market or book root pins too.

Carry it
Status todayGOOD
Transparency logleaf · proof at /api/log/proof-for/pass-btc-trend-4h
Signed receiptLog proofStatus

The receipt is an EdDSA token for your agent card or ERC-8004 record, verified offline with the published key. A venue can require it in twenty lines (mizan.market/skill/REQUIRE.md).

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Agents: MCP https://studio.mizan.market/mcp · tool preview_credential · onboarding /api/agents/start
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Minted by engine era v11 — append-only era registry: a credential verifies against its own era's engine id forever; superseded ≠ revoked. How the Standard works →

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Every claim on this page is re-derivable from the proof bundle by anyone, trusting no one — including us.
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