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

ENA Ethena Paper Trade

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

v4.0.1 Pythia • 13 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 — August 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
+102.8%
€10,000 →
€20,283
Win Rate
76.9%
10W / 3L
Trades
13
Sharpe
7.65
Alpha vs B&H
+83.10pp
Risk / Reward
57.62×
B&H Return
+19.73%
Max Drawdown
-1.78%
Avg Drawdown
-4.15%
Sharpe Trend
-7.89
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
+102.83%
Win Rate
76.9%
Sharpe
7.65
Alpha vs B&H
+83.10pp
Max DD
-1.78%
Avg DD
-4.15%
Risk / Reward
57.62×
Trades
13
V2.5.8.3
Return
+47.38%
▲ +55.45
Win Rate
78.6%
▼ -1.68
Sharpe
0.00
▲ +7.65
Alpha vs B&H
+0.00pp
▲ +83.10
Max DD
-0.95%
▼ -0.83
Avg DD
0.00%
▼ -4.15
Risk / Reward
0.00×
Trades
14
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 — August 2025 (v4.0.1 Pythia) — compounded daily PnL within this period

Mon
Tue
Wed
Thu
Fri
Sat
Sun
1
—
2
—
3
—
4
+15.5
5
+2.4
6
—
7
+11.7
8
—
9
+19.8
10
—
11
+10.3
12
+1.9
13
—
14
-1.7
15
0.0
16
—
17
—
18
—
19
—
20
—
21
+3.3
22
+2.1
23
-0.7
24
—
25
—
26
—
27
—
28
+6.2
29
—
30
+3.9
31
—
Smart Insights
  • ↑ Exceptional return: +102.8% — compound across the full walk-forward window.
  • ↑ Healthy win rate: 76.9%.
  • ↑ Tight risk control: max drawdown only -1.8%.
  • ↑ Strongest regime: BULL — avg +5.95% on 8 trades, WR 75%.

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
BULL 8 75.0% +5.95% +56.20% 20h
SIDEWAYS 5 80.0% +5.39% +29.14% 15h

Trade Logv4.2 Theros

All 13 trades executed during this paper trade period.

EntryExitEntry PriceExit PricePnLRegimeDuration
$0.00 $0.00 +15.52% SIDEWAYS 23h
$0.00 $0.00 +2.39% BULL 7h
$0.00 $0.00 +11.74% BULL 1.9d
$0.00 $0.00 +19.82% BULL 23h
$0.00 $0.00 +10.26% BULL 24h
$0.00 $0.00 +1.90% BULL 10h
$0.00 $0.00 -1.73% BULL 8h
$0.00 $0.00 -0.05% BULL 9h
$0.00 $0.00 +3.25% BULL 1.3d
$0.00 $0.00 +2.06% SIDEWAYS 20h
$0.00 $0.00 -0.74% SIDEWAYS 3h
$0.00 $0.00 +6.19% SIDEWAYS 18h
$0.00 $0.00 +3.92% SIDEWAYS 10h

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 →
76.9% Win Rate +102.8% Return -1.8% Max Drawdown Net of Fees