Fugazi Machines runs systematic strategies on perpetual futures — leveraged, automated, and funded entirely with our own capital. No investor calls, no quarterly letters, nobody to blame but us. Just machines, an order book, and a P&L that's audited by the market every second.
Hyperliquid is a fully on-chain order book. Every fill, funding payment, and open-interest number is public and queryable — so we trade signals a CEX would never let you see.
An AI research loop writes each hypothesis, codes it, and backtests it — then a 6-gate suite culls the survivors. Most don't make it. Hence: Machines.
There is no fund. No LPs, no carry, no lockup, nobody to charge 2-and-20. If a machine blows up, it's our money on the floor. Concentrates the mind wonderfully.
Each strategy targets a distinct, low-correlation alpha source. We publish their live track records below. We do not publish the signals — that part stays in the building.
| Code | Alpha family | Sharpe | Return | Max DD | Status |
|---|
Returns are out-of-sample over a 550-day backtest, net of a 5 bps/roundtrip cost model, per strategy at its own leverage. Codenames are codenames for a reason.
We don't take outside capital, manage money, or sell signals. But the desk runs in public — you can watch every machine work in real time.