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Risk research for crypto exposures

The risk map
BTC has been missing.

Sentealpha traces how risk moves through crypto exposures — geopolitics into sanctions into energy into leverage — across eight cross-asset chains feeding one auditable score. Backtest certificate, signal lineage, and chain reasoning are public and refresh live. The numbers below are real, generated this week.

0.1941

DSR

0.4867

PBO

0.6141

Walk-fwd

Eight chains active · 23 ingestion modules · ~558 signals · live data on /v1/score/public

Why now

Crypto is institutional now.
Risk frameworks aren't.

Spot BTC ETFs cross tens of billions in AUM. Family offices allocate 1–5% to BTC by default. Sovereign treasuries hold non-trivial positions. None of this existed three years ago. Yet the risk machinery — the equivalent of credit-spread monitoring, sovereign-CDS curves, and energy-stress dashboards — is still missing for crypto exposures. That's the gap Sentealpha was built to close.

How it works.

Three layers. Each auditable.

01 · Ingestion

We watch every market that can move BTC

Equity flows, sovereign credit, energy markets, sanctions, geopolitics — at 15-minute cadence. Twenty-three independent modules pull from public sources (FRED, EIA, ENTSO-E, OFAC, GDELT, SEC EDGAR, AIS vessel feeds) so every input is checkable. Heartbeat monitoring kills stale rows daily; no module gets to silently fail.

M1_CRYPTO · M2_ONCHAIN · M3_DERIVS · M4_MACRO · M5_CYCLES
M9_GDELT · M10_SANCTIONS · M11_ENERGY · M14_CREDIT
M25_CDS · M27_AI_CAPEX · M30_FISCAL · M33_LNG_AIS · M37_TRANSCRIPTS

02 · Compound Engine

Crisis rarely arrives single-asset

Risk events compound — geopolitics into sanctions into energy into leverage. Eight chain templates each stitch 3–5 independent layers, applying exponential time decay, stress-exceedance normalization, and bootstrap 95% CIs. A chain only fires when residual cross-correlation stays below 0.3 — independent layers, not echo chambers. Different chains start at different L1s (the canonical chain leads with geopolitics; the AI-energy chain starts at hyperscaler capex).

Eight active chain templates
L1 → L4 layers · exponential decay · bootstrap 95% CI
max|ρ| < 0.3 reliability gate

03 · Decision + Proof

Every score is checkable end-to-end

One score, 0–100, with regime overlay and conviction band. Every emission ships a backtest certificate (DSR Bailey–López de Prado, PBO via CSCV k=16, walk-forward 70/30 IS/OOS) and per-variable lineage tracing back to each contributing signal. A four-sentence narrative drafted by Claude Opus 4.7 explains the move in plain English. Past performance does not predict future returns.

DSR · Bailey & López de Prado 2014
PBO · CSCV k=16
Walk-forward 70/30 IS/OOS
Narrative · Claude Opus 4.7

What we do, in one example

February 2022: a chain reaction, traced.

Russia invades Ukraine on Feb 24, 2022. The compound chain fires on the same day with all four layers triggered — geopolitics (GDELT) through sanctions (OFAC) through energy stress (WTI + natural gas) through crypto leverage (BTC perp funding + open- interest unwind). Below is the engine's actual emission for this event, layer by layer, with the data that fed it.

Engine emission · backtested · /v1/events/historical

Compound chain cascade (mobile vertical view)L1Geopolitics0.85L2Sanctions0.72L3Energy0.78L4Crypto leverage0.54BTC0.42
L10.85

Geopolitics

M9_GDELT · Goldstein scale + event-volume on Russia-Ukraine

Goldstein -8.4 at invasion event (event_root 190 · militarized interstate dispute); GDELT event volume 1240 vs 550 trigger threshold.

Layer stress 0.85 · CI [0.80, 0.90] · triggered

L20.72

Sanctions

M10_SANCTIONS · OFAC RUSSIA-EO14024 program activations

87 new OFAC SDN designations on D+1 of the program; sanctions impact score 0.28 vs trigger threshold 0.18.

Layer stress 0.72 · CI [0.67, 0.77] · triggered

L30.78

Energy stress

M11_ENERGY · WTI + natural-gas z-score against 180-day composite

WTI z = +2.81σ, natural gas z = +3.04σ as energy markets repriced embargo risk. WTI +8.5% on D+1.

Layer stress 0.78 · CI [0.73, 0.83] · triggered

L40.54

Crypto leverage

M3_DERIVATIVES · BTC perp funding-rate + open-interest unwind

BTC perpetual funding rate 3.4% (annualized basis); open-interest unwind 18% in the post-invasion window — short-term liquidity dry-up.

Layer stress 0.54 · CI [0.49, 0.59] · triggered

Compound chain outcome

Chain score on Feb 24, 2022: 0.42 / 1.00 · reliable

BTC dropped -13.6% over the following 7 days ($38K → $34K). Bootstrap 95% CI at chain firing was [0.33, 0.51] with max|ρ_log_residuals| = 0.21 (passes the < 0.30 independence gate). Past performance does not predict future returns; we publish the reconstruction so the methodology is checkable, not because we traded it.

See all 5 historical reconstructions → /events/historical

Pick your track

Three ways to use Sentealpha.

Read-only · paid analyst · institutional pilot. Same engine, three levels of access.

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Free 90-day pilot for design partners. DPA, SLA on request.

Design partners: free 90-day Pro access in exchange for two demo calls per month, written feedback, and a testimonial. Convert at $29 grandfathered after the trial — apply via the access form.

Who's building this

Built in public · onboarding our first design partners.

Sentealpha is built by an independent operator who needed cross-asset risk infrastructure for personal allocation decisions and decided to publish it. Currently onboarding the first institutional design partners. The first 10 institutional partners get 60% off for 12 months at signing — locked rate.

Pre-revenue · no certifications yet · SOC 2 Type II audit targeted Q4 2026 conditional on first pilot signing.

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