Danubian SPOTMAN
DataroomTrack record, brief & tearsheetA market-making strategy in digital assets: it quotes both sides of the book, all day, and is paid the spread and the exchange's maker rebates on the liquidity it provides.
Strategy performance
Jan 2026 – Oct 2026 · 288 days on 10 million allocated
SPOTMAN earns its return from the flow it intermediates: +22.56% of capital realised over the period, against a crypto market that moved -9.66% — 29.28 points ahead, and 27.09 ahead of Bitcoin. The strategy does not need the market to rise to earn.
Projected yield at the average realized daily rate, to Dec 2026
The full record behind these figures — the published tearsheet, the brief and the daily returns — is in the data room.
Projected figures extrapolate the strategy's average realised daily yield over the reporting period to the stated horizon. They are illustrative only and are not guarantees of future performance.
Figures are taken from the performance brief published to investors for Jan 2026 to Oct 2026, expressed as percentages of allocated capital. For informational purposes only; past performance is not indicative of future results.
SPOTMAN is a market-making strategy in digital assets. It quotes both sides of the book, all day, and is paid the spread and the exchange's maker rebates on the liquidity it provides — earning from the act of making a market rather than from being right about direction.
It buys into weakness and sells into strength, so the book keeps working whether the market rises or falls. Returns are driven by the volume it intermediates and the quality of its quotes, not by a directional call on the asset class.
The strategy runs continuously on dedicated infrastructure, with inventory valued and monitored as it trades. Risk is managed at every layer: position sizing and exposure limits, inventory and venue limits, and automated safeguards on execution.
SPOTMAN launched in December 2025 and is one of two live strategies. Performance reaches investors through the dataroom, where a version is published only once it has passed our data-quality checks.