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

ENA Ethena Paper Trade

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

v4.0.1 Pythia • 11 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 — April 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
+94.5%
€10,000 →
€19,446
Win Rate
100.0%
11W / 0L
Trades
11
Sharpe
11.92
Alpha vs B&H
+93.52pp
Risk / Reward
99+×
B&H Return
+0.94%
Max Drawdown
0.00%
Avg Drawdown
-6.40%
Sharpe Trend
+6.05
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
+94.46%
Win Rate
100.0%
Sharpe
11.92
Alpha vs B&H
+93.52pp
Max DD
0.00%
Avg DD
-6.40%
Risk / Reward
99+×
Trades
11
v4.0 ITZAMNÁ
Return
+95.61%
▼ -1.15
Win Rate
100.0%
≈
Sharpe
0.00
▲ +11.92
Alpha vs B&H
+0.00pp
▲ +93.52
Max DD
-8.20%
▲ +8.20
Avg DD
0.00%
▼ -6.40
Risk / Reward
0.00×
Trades
9
Open v4.0 page →
V2.5.8.3
Return
+50.92%
▲ +43.54
Win Rate
87.5%
▲ +12.50
Sharpe
0.00
▲ +11.92
Alpha vs B&H
+0.00pp
▲ +93.52
Max DD
-0.72%
▲ +0.72
Avg DD
0.00%
▼ -6.40
Risk / Reward
0.00×
Trades
16
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 — April 2025 (v4.0.1 Pythia) — compounded daily PnL within this period

Mon
Tue
Wed
Thu
Fri
Sat
Sun
1
—
2
—
3
—
4
—
5
—
6
—
7
+0.6
8
—
9
+17.6
10
+2.6
11
—
12
+7.2
13
+0.3
14
—
15
—
16
—
17
—
18
—
19
+5.1
20
—
21
+6.5
22
—
23
+12.7
24
—
25
+9.6
26
+1.8
27
—
28
+4.1
29
—
30
—
Smart Insights
  • ↑ Exceptional return: +94.5% — compound across the full walk-forward window.
  • ↑ High win rate: 100.0% — 4 in 5 trades close in profit.
  • ↑ Tight risk control: max drawdown only 0.0%.
  • ↑ Strongest regime: SIDEWAYS — avg +6.91% on 9 trades, WR 100%.

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 9 100.0% +6.91% +80.37% 1.1d
BULL 2 100.0% +2.95% +5.97% 9h

Trade Logv4.2 Theros

All 11 trades executed during this paper trade period.

EntryExitEntry PriceExit PricePnLRegimeDuration
$0.00 $0.00 +0.59% SIDEWAYS 12h
$0.00 $0.00 +17.62% SIDEWAYS 21h
$0.00 $0.00 +2.61% SIDEWAYS 6h
$0.00 $0.00 +7.21% SIDEWAYS 1.6d
$0.00 $0.00 +0.28% SIDEWAYS 3h
$0.00 $0.00 +5.09% SIDEWAYS 2.8d
$0.00 $0.00 +6.48% SIDEWAYS 1.1d
$0.00 $0.00 +12.70% SIDEWAYS 23h
$0.00 $0.00 +9.58% SIDEWAYS 1.3d
$0.00 $0.00 +1.80% BULL 9h
$0.00 $0.00 +4.10% BULL 9h

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 →
100.0% Win Rate +94.5% Return 0.0% Max Drawdown Net of Fees