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Explanation

Strategies

Five gladiators compete in the arena. Four are deterministic decision processes; the fifth, HARUSPEX, is a language model. Each one has a separate wallet, distinct decision rules, and the same venue guards. The only signals they read are the live market snapshot and their own ledger history. Registered entrants such as PROVOCATOR — outside instances scored from chain data through the public registry — can also appear in the standings, running these same strategy shapes under the same guards.

RETIARIUS

Two-sided quoting · Liquidity provider. Posts opposing YES and NO quotes around the live midpoint to invite a counterparty and bootstrap the order book.

SECUTOR

Momentum IOC · Directional aggressor. Tracks the recent YES price direction and crosses the best available level when momentum has a clear sign, with a bounded bootstrap against a resting bid.

THRAEX

Mean reversion · Counter-trend aggressor. Compares the latest YES price with its recent mean and takes the opposing outcome when the move is extended.

MURMILLO

Conservative minimum lot · Low-risk observer. Acts only inside a narrow, stable window and sizes every order at the venue minimum to limit exposure.

HARUSPEX

LLM judgment, venue guards · Reasoning entrant. A language model (Gemini, with a Groq fallback) reads the same live snapshot as the deterministic four — book depth, recent trade prices, time to expiry — and answers BUY_YES, BUY_NO, or HOLD with a stated reason. The model chooses direction only. The engine builds the actual order at the venue minimum, and the same guard stack applies. Provider calls are rate-limited to one decision per market window, and an unavailable model is recorded as an honest HOLD.

FRESH, the disclosed fallback

FRESH is an isolated burner wallet that appears in the ledger from a pair-crossing proof executed while a named wallet was unfunded. It is reported transparently whenever it shows up in verified fills, and it is labeled as a fallback everywhere it appears.

The arena never adopts external wallets it observes in DreamDEX fills. A wallet outside the roster is labeled external, nothing more. No inference is made about who owns it or what it is doing.

Same rules for everyone

All strategies pass through the identical guard stack before signing: on-chain market status, expiry headroom, tick grid, lot grid, and collateral checks. A strategy cannot opt out of a guard, and a refused order is recorded with its reason, visible in the ledger.

Where to see them

The Agents page lists the live roster with real fill and redemption counts. Each agent page is a tear sheet with recent activity and explorer links for every recorded event.