Stage 01
Hypothesis
Every strategy starts as a falsifiable claim about how a market behaves, written down before any data is touched.
Trading the markets that never close.
Pineyard Group is a principal trading firm. We commit our own capital to digital-asset markets, every hour of every day.
Markets open--:--:-- UTCOn-chain, cross-chain, cross-venue
Where we trade.
Most of our edge lives on-chain, in the liquidity pools where prices are set by curves rather than order books. Market making and derivatives follow, in our Quasar division.
Most of our activity happens directly against automated market-maker pools. We trade across concentrated and constant-product liquidity on many chains, treating gas, slippage, MEV and smart-contract risk as first-class inputs.
In development under Quasar
Market making
Continuous two-sided quoting on centralized and order-book venues, built on the pricing and risk systems we already run on-chain.
Derivatives
Perpetuals, dated futures and options, to hedge the inventory our on-chain books accumulate and express views more precisely.
Divisions
Specialist teams with their own mandate, research and risk budget, sharing the firm's capital and infrastructure.
Quasar
Market making and derivativesIn development
Measured in milliseconds, held to account daily.
24/7
Hours a day, days a week we are in the market
12+
Chains with live execution
900+
Liquidity pools monitored continuously
180 ms
Median time from signal to submitted transaction
From hypothesis to production.
No strategy trades firm capital until it has passed every stage. Most never do.
Stage 02
Research
Researchers test the claim on block-level history, with gas, slippage and price impact modeled honestly.
Stage 03
Simulation
Strategies trade against forked chain state and replayed pool activity. Results that only exist in a backtest stop here.
Stage 04
Staged capital
Survivors go live on a small allocation. Capital increases only as realized performance matches the model.
Stage 05
Supervision
Live strategies are monitored around the clock against hard risk limits, and retired the moment their edge decays.
From hypothesis to production.
No strategy trades firm capital until it has passed every stage. Most never do.
Stage 01
Hypothesis
Every strategy starts as a falsifiable claim about how a market behaves, written down before any data is touched.
Stage 02
Research
Researchers test the claim on block-level history, with gas, slippage and price impact modeled honestly.
Stage 03
Simulation
Strategies trade against forked chain state and replayed pool activity. Results that only exist in a backtest stop here.
Stage 04
Staged capital
Survivors go live on a small allocation. Capital increases only as realized performance matches the model.
Stage 05
Supervision
Live strategies are monitored around the clock against hard risk limits, and retired the moment their edge decays.
Liquidity follows the sun.
Digital-asset markets never close, so neither do we. Coverage hands over from Asia to Europe to the Americas without a gap.
00:0006:0012:0018:0024:00 UTC
- Tokyo--:--
- Singapore--:--
- London--:--
- New York--:--
Three things we never outsource.
Our own capital
Every position is funded by the firm's balance sheet. We answer to the market and to each other, nobody else.
Our own technology
Pricing, routing and risk systems are built in-house, so we understand every line between a signal and a settled trade.
Our own risk
Limits are set before trades are placed and enforced by machines, not by mood. Survival compounds faster than returns.
Get in touch
Protocols, liquidity venues and counterparties can reach the trading desk directly. We read everything and reply when there is a fit.
Trading desktrading@pineyard.group
General enquiriescontact@pineyard.group