Assay
Manager Universe

Obsidian MEV

Account-Verified

MEV / on-chain extraction · BVI · Inception 2022-08

Illustrative — pre-launch sample data, not actual manager performance.
1Y ann.+177.2%
3Y ann.-1.7%
5Y ann.
10Y ann.
Sharpe (3Y)0.25
Sortino (3Y)0.23
Max drawdown-77.2%

Cumulative TWR vs benchmark

Monthly, since inception
-96%-39%18%75%133%2022-08Most recent
Manager TWR Benchmark Drawdown

Locked benchmark

Ether (ETH)

Pre-registered at engagement scoping. Cannot be retroactively changed.

1Y-42.1%
3Y-47.2%
5Y

Liquidity profile

Median position liquidity$65.0M
AUM$19.0M
Verified history41 months
Raising statusOpen

Strategy

Searcher infrastructure for backruns and statistical arbitrage on Ethereum mainnet. Pre-declared validator and builder relationships disclosed in engagement memo.

Composite construction

All discretionary fee-paying accounts following this strategy are included in the composite per GIPS Provision 3.A. The engagement memo enumerates the in-scope entities and any sub-advised accounts that would otherwise meet the discretion criteria but are excluded for documented reasons.

Composite dispersion is reported as the asset-weighted standard deviation of constituent account returns. 3-year ex-post standard deviation is reported once 36 months of composite history is available.

Annual return breakdown

Trailing-window annualized returns. For verified strategies with full calendar-year history we publish calendar-year returns alongside; this preview uses rolling 12-month windows from the most recent month.

Y-2

+5.7%

Y-1

-67.6%

Y-0

+177.2%

GIPS-aligned disclosures

  • Returns are presented gross of management and performance fees. Net-of-fee returns available on request and in the LP data room.
  • Composite includes all discretionary fee-paying accounts following the mev / on-chain extraction strategy as enumerated in the engagement memo.
  • Benchmark: Ether (ETH), locked at engagement scoping.
  • Valuation: positions marked at VWAP across qualifying venues. Concentrated illiquid positions subject to liquidity-adjusted fair-value haircut per Assay's methodology.
  • Custody: position custody arrangement disclosed in the engagement memo. Withdrawal permissions are not granted to Assay; we hold read-only access.
  • Past performance is not indicative of future results.

Verification status

Account-Verified. Returns are reconstructed from read-only API and on-chain data. Manager has not yet engaged for full verification.

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