MSR Decode
MSR DECODE · July 2026 cycle · №16 of 25

ndb1

0xfea31bc088000ff909be1dfd8d0e3f2c7ef2d227

$1.2M · 30-day displayed profit

Artifact

The number is real; the edge isn’t. This profit came from structure a copier can’t inherit.

Not copyable — leaderboard artifact

Provisional

Fill log truncated in its largest market (the /activity endpoint's hard offset cap). See the evidence gate →

Polymarket displayed
$1.18M
MSR reconstructed
$1.53M
130.1% of displayed

Reconstruction error for all 25 wallets this cycle — including the ones we got wrong — is published in the reconstruction workpaper.

Directional
58.5%
Post-resolution
35.4%
Bilateral (two-sided)
6.1%

35% of buys placed at ≥$0.99 — redemption arbitrage, not edge.

46458 fills · 1302 markets · avg buy $0.707 · top market: MicroStrategy sells any Bitcoin by May 31, 20

This wallet did not clear the copyability screen — only 6 of 25 earned a copyable rating. See the ones that did.

Institutional: get this decode — or any wallet or cohort — as a decision-grade forensic audit. For funds, platforms & compliance teams →

Nominate the next public decode