Long-form analysis for analysts, PMs and risk teams who want to understand how our filter behaves before they trade on its output. Every figure comes from our production records, and anything we cannot yet measure is stated as unmeasured rather than estimated.
Perp venues leak position changes; spot venues hide them
Most of our published signals so far came from a perp venue rather than a spot DEX. The reason is structural — and it changes which flow leads and which confirms.
Anatomy of a rejected signal: a funnel audit of our first 157 candidates
Most detected coordination never reaches a subscriber. We publish the rejection rate, the categories responsible, and the argument for judging a signal service by what it withholds.
Research is free and always will be. Methodology questions, citation requests and corrections go to research@tryspotx.com.