Paper Trades / ENA / ENA — February 2025 (v4.0.1 Pythia)
CURRENT · OMNISCIUS v4.0.1 · PYTHIA

ENA Ethena Paper Trade

ENA — February 2025 (v4.0.1 Pythia) — Simulated live trading results using the v4.0.1 Pythia model.

v4.0.1 Pythia • 19 Trades • Completed
✓ Walk-forward validated ✓ Backtest = Live (bit-identical) ✓ Net of fees (0.15% / 0.25%) ✓ Forward-look-bias audited

Ethena (ENA) is the governance token of the Ethena protocol, which issues the synthetic-dollar stablecoin USDe backed by delta-hedged ETH positions. Listed via Binance Launchpool in April 2024 with roughly one-and-a-half cycles of history. Price responds to USDe supply growth, funding-rate dynamics, and stablecoin-narrative cycles.

Performance Monthly Calendar Day Grid Regimes Trade Log FAQ ENA Signals →

ENA — February 2025 (v4.0.1 Pythia) Performancev4.2 Theros

Ethena (ENA) — clean monthly entry, no carry-over from previous months. Net of trading fees (Bitvavo 0.15% + 0.25%).

Monthly Return
+110.7%
€10,000 →
€21,065
Win Rate
89.5%
17W / 2L
Trades
19
Sharpe
11.87
Alpha vs B&H
+149.84pp
Risk / Reward
29.30×
B&H Return
-39.20%
Max Drawdown
-3.78%
Avg Drawdown
-6.66%
Sharpe Trend
-3.04
Model
v4.0.1 Pythia
Full Backtest
View →

Side-by-side: model versions

Same coin, same period, same data window — different model. All walk-forward validated. v4.0.1 (Pythia) is the current production model; v4.0 (Itzamná) confirmed the statistical edge across 46 coins; v2.5 is the legacy baseline.

v4.0.1 PYTHIA THIS PAGE
Return
+110.65%
Win Rate
89.5%
Sharpe
11.87
Alpha vs B&H
+149.84pp
Max DD
-3.78%
Avg DD
-6.66%
Risk / Reward
29.30×
Trades
19
v4.0 ITZAMNÁ
Return
+112.11%
▼ -1.46
Win Rate
92.9%
▼ -3.43
Sharpe
0.00
▲ +11.87
Alpha vs B&H
+0.00pp
▲ +149.84
Max DD
-10.34%
▲ +6.56
Avg DD
0.00%
▼ -6.66
Risk / Reward
0.00×
Trades
13
Open v4.0 page →
V2.5.8.3
Return
+39.14%
▲ +71.51
Win Rate
80.0%
▲ +9.47
Sharpe
0.00
▲ +11.87
Alpha vs B&H
+0.00pp
▲ +149.84
Max DD
-1.19%
▼ -2.59
Avg DD
0.00%
▼ -6.66
Risk / Reward
0.00×
Trades
20
Open page →

Δ-arrows on the counterpart cards show this page minus that version. Higher return / WR = better; smaller (less negative) Max DD = better.

ENA

ENA Monthly Returns (v4.0.1 Pythia)

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year Σ
2025 +151.5%
21t
 		+110.7%
19t
 		+162.0%
14t
 		+94.5%
11t
 		+187.0%
14t
 		+71.0%
15t
 		+341.9%
15t
 		+102.8%
13t
—
—
—
—
 +118,629.0%

All months for ENA under this model. Click a cell to drill into that month's trade log. Color intensity = magnitude.

Day-by-day — ENA — February 2025 (v4.0.1 Pythia) — compounded daily PnL within this period

Mon
Tue
Wed
Thu
Fri
Sat
Sun
1
—
2
—
3
+8.8
4
+5.1
5
—
6
—
7
+8.3
8
—
9
+8.5
10
+3.5
11
—
12
+8.4
13
+0.2
14
+5.6
15
—
16
+0.4
17
+4.9
18
—
19
+3.0
20
—
21
+16.9
22
—
23
+2.7
24
—
25
+9.9
26
+2.1
27
-1.3
28
-0.1
Smart Insights
  • ↑ Exceptional return: +110.7% — compound across the full walk-forward window.
  • ↑ High win rate: 89.5% — 4 in 5 trades close in profit.
  • ↑ Strongest regime: SIDEWAYS — avg +4.29% on 17 trades, WR 88%.

Per-regime Breakdownv4.2 Theros

How the model performs across the 4 market regimes detected by Omniscius.

Regime Trades Win Rate Avg PnL Compounded Return Avg Hold
SIDEWAYS 17 88.2% +4.29% +100.95% 11h
BULL 1 100.0% +8.78% +8.78% 22h
BUBBLE 1 100.0% +5.12% +5.12% 5h

Trade Logv4.2 Theros

All 19 trades executed during this paper trade period.

EntryExitEntry PriceExit PricePnLRegimeDuration
$0.00 $0.00 +8.78% BULL 22h
$0.00 $0.00 +5.12% BUBBLE 5h
$0.00 $0.00 +8.34% SIDEWAYS 10h
$0.00 $0.00 +8.51% SIDEWAYS 24h
$0.00 $0.00 +2.50% SIDEWAYS 7h
$0.00 $0.00 +1.01% SIDEWAYS 4h
$0.00 $0.00 +8.43% SIDEWAYS 10h
$0.00 $0.00 +0.18% SIDEWAYS 5h
$0.00 $0.00 +5.61% SIDEWAYS 10h
$0.00 $0.00 +0.41% SIDEWAYS 3h
$0.00 $0.00 +4.87% SIDEWAYS 16h
$0.00 $0.00 +2.97% SIDEWAYS 17h
$0.00 $0.00 +16.88% SIDEWAYS 1.6d
$0.00 $0.00 +2.67% SIDEWAYS 10h
$0.00 $0.00 +9.85% SIDEWAYS 12h
$0.00 $0.00 +2.11% SIDEWAYS 3h
$0.00 $0.00 -1.29% SIDEWAYS 14h
$0.00 $0.00 -2.52% SIDEWAYS 4h
$0.00 $0.00 +2.48% SIDEWAYS 3h

Frequently Asked Questions

What is a paper trade?

A paper trade simulates real signal execution without real money. Each month starts fresh with a clean €10,000 allocation — no carry-over from previous months. This shows exactly what would have happened if you started following signals on day one of that month. View live ENA signals →

Are trading fees included?

Yes. All results are net of trading fees based on Bitvavo rates (0.15% entry + 0.25% exit). No slippage is applied. Trading via Bitget (0.1%/0.1%) would improve returns.

How does this relate to the backtest?

Paper trades use the same model and signals as the full backtest. The difference: backtests cover years of data across multiple market cycles, while paper trades show month-by-month performance in recent market conditions. Together they provide a complete picture.

Is the model retrained during the month?

Yes. The Omniscius model is retrained bi-weekly, which means paper trade results reflect the exact same model updates that live subscribers receive. This is not a static backtest — it is a living simulation. Learn about Omniscius →

Start Trading Ethena Smarter

These paper trade results show what our model delivers. Get real-time ENA signals with entry, stop-loss, and take-profit on every trade.

Get Started → ENA Signals → View Plans →
89.5% Win Rate +110.7% Return -3.8% Max Drawdown Net of Fees