MSR Decode
MSR DECODE · July 2026 cycle · №7 of 25

0x2c33…0563

0x2c335066fe58fe9237c3d3dc7b275c2a034a0563

$2.4M · 30-day displayed profit

Market-making

This is a quoting operation, not a bet. Copying its trades without its spread is how you fund it.

Not copyable

Polymarket displayed
$2.37M
MSR reconstructed
$-19.69M
-831.3% of displayed

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

Directional
39.2%
Post-resolution
18%
Bilateral (two-sided)
42.8%

333k fills across 1,607 markets, 43% two-sided — quoting, not a bet.

333368 fills · 1607 markets · avg buy $0.651 · top market: Will United States win on 2026-06-25?

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