The three parts
1. The signal engine
A process that watches the on-chain trade feed, fires a signal when a measurable inefficiency appears, and then — this is the unusual part — measures what that signal was actually worth afterwards. The engine publishes win rates only once something has resolved. Before that it publishesnull, not zero. “Not measured yet” and “measured at 0%” are different claims and only one of them is an indictment of a strategy, so the platform refuses to collapse them into the same number.
Every rate the engine publishes carries a 90% credible interval, because 3 wins out of 4 and 300 out of 400 are both “75%” and only one is worth acting on.
The engine cannot place orders. Nothing reachable from the signal engine API can move money. It is a measurement and publication system, structurally separated from execution.
2. The execution layer
The on-chain contracts that route a trade once you have acted on a signal. These are the audited, open-source part: github.com/Blackquant-labs/blackquant-contract. Execution is non-custodial. The contracts are granted permission to execute specific routes and are never granted permission to withdraw. See The custody model.3. The account layer
Everything in the dashboard: your USD balance, deposits, plan subscription, positions, referrals, identity verification and security settings. This is the part that looks like a normal web application, because it is one. The dotted lines matter. The engine publishes to the dashboard; it does not instruct the contracts. You are the step in between.What it is not
It is not a custodial exchange. There is no BlackQuant wallet holding your assets that you withdraw from. Your USD balance in the dashboard is an account balance for buying plans and add-ons — it is not your trading capital, and it is not held against your keys. It is not a managed fund. Nobody at BlackQuant trades on your behalf with discretion. The engine publishes measurements; acting on them is yours. It is not a signal group. The distinguishing feature is the measurement discipline — published intervals,null for unmeasured, and on-chain settlement you can verify independently. A signal without a measured outcome attached is not a product this platform ships.
The honest limitations
- The engine measures the past. Every statistic on the platform is backward-looking. A 90% credible interval quantifies sampling uncertainty, not regime change.
- Audits are snapshots. The published reports cover specific commits over fixed windows. See Audit reports for what each one actually covered.
- Latency is infrastructure, not magic. The edge available to any participant decays as more participants have the same infrastructure.
Next
- How it works — the end-to-end flow, step by step.
- Key concepts — the vocabulary used throughout these docs.