>_ciphral

// vault/33

Stocks and crypto in one sealed book. Launched from a proven track record.

● proving · epoch 190manager ghost·19c4

NAV per share

1.3397+33.97% · 1Y

0.9631.0911.2191.346Mar 22, 26Jun 25, 26Sep 28, 26
View as table
DateNAV
Sep 28, 261.3397
Sep 27, 261.3751
Sep 26, 261.3729
Sep 25, 261.3729
Sep 24, 261.3289
Sep 23, 261.3094
Sep 22, 261.2812
Sep 21, 261.2855
Sep 20, 261.2663
Sep 19, 261.2690
Sep 18, 261.2621
Sep 17, 261.2215
Sep 16, 261.2317
Sep 15, 261.2343
Sep 14, 261.2358
Sep 13, 261.2705
Sep 12, 261.2440
Sep 11, 261.1945
Sep 10, 261.1836
Sep 9, 261.1932
Sep 8, 261.1779
Sep 7, 261.1673
Sep 6, 261.1524
Sep 5, 261.1201
Sep 4, 261.1331
Sep 3, 261.1480
Sep 2, 261.1777
Sep 1, 261.1657
Aug 31, 261.1977
Aug 30, 261.1932
Aug 29, 261.1653
Aug 28, 261.1740
Aug 27, 261.2097
Aug 26, 261.2164
Aug 25, 261.2495
Aug 24, 261.2208
Aug 23, 261.2362
Aug 22, 261.1972
Aug 21, 261.1520
Aug 20, 261.1595
Aug 19, 261.1593
Aug 18, 261.1428
Aug 17, 261.1042
Aug 16, 261.1030
Aug 15, 261.1121
Aug 14, 261.1266
Aug 13, 261.1299
Aug 12, 261.1509
Aug 11, 261.1313
Aug 10, 261.1286
Aug 9, 261.1308
Aug 8, 261.1304
Aug 7, 261.1108
Aug 6, 261.1112
Aug 5, 261.1380
Aug 4, 261.1282
Aug 3, 261.1322
Aug 2, 261.0786
Aug 1, 261.0683
Jul 31, 261.0933
Jul 30, 261.0730
Jul 29, 261.0800
Jul 28, 261.0909
Jul 27, 261.0759
Jul 26, 261.0877
Jul 25, 261.1249
Jul 24, 261.1501
Jul 23, 261.1628
Jul 22, 261.1684
Jul 21, 261.1738
Jul 20, 261.1790
Jul 19, 261.1919
Jul 18, 261.2110
Jul 17, 261.1905
Jul 16, 261.1530
Jul 15, 261.1457
Jul 14, 261.1776
Jul 13, 261.1919
Jul 12, 261.1831
Jul 11, 261.1740
Jul 10, 261.1284
Jul 9, 261.1436
Jul 8, 261.1681
Jul 7, 261.1842
Jul 6, 261.1978
Jul 5, 261.1618
Jul 4, 261.1747
Jul 3, 261.1440
Jul 2, 261.1178
Jul 1, 261.1253
Jun 30, 261.1377
Jun 29, 261.1404
Jun 28, 261.1255
Jun 27, 261.1369
Jun 26, 261.1582
Jun 25, 261.1558
Jun 24, 261.1635
Jun 23, 261.1903
Jun 22, 261.1826
Jun 21, 261.1947
Jun 20, 261.2098
Jun 19, 261.2070
Jun 18, 261.1929
Jun 17, 261.1827
Jun 16, 261.1852
Jun 15, 261.1891
Jun 14, 261.1856
Jun 13, 261.1637
Jun 12, 261.1742
Jun 11, 261.1710
Jun 10, 261.1625
Jun 9, 261.1730
Jun 8, 261.1475
Jun 7, 261.1437
Jun 6, 261.1117
Jun 5, 261.0967
Jun 4, 261.1035
Jun 3, 261.1106
Jun 2, 261.1031
Jun 1, 261.0970
May 31, 261.1032
May 30, 261.1138
May 29, 261.1051
May 28, 261.1041
May 27, 261.0868
May 26, 261.0823
May 25, 261.0943
May 24, 261.1069
May 23, 261.0932
May 22, 261.1193
May 21, 261.1567
May 20, 261.1316
May 19, 261.1616
May 18, 261.1454
May 17, 261.1140
May 16, 261.1267
May 15, 261.1318
May 14, 261.0977
May 13, 261.0753
May 12, 261.0820
May 11, 261.0928
May 10, 261.1115
May 9, 261.0960
May 8, 261.1085
May 7, 261.0780
May 6, 261.0555
May 5, 261.0726
May 4, 261.0918
May 3, 261.0875
May 2, 261.1029
May 1, 261.0825
Apr 30, 261.0918
Apr 29, 261.0900
Apr 28, 261.0989
Apr 27, 261.0928
Apr 26, 261.1122
Apr 25, 261.1004
Apr 24, 261.0926
Apr 23, 261.0850
Apr 22, 261.1031
Apr 21, 261.0524
Apr 20, 261.0337
Apr 19, 261.0367
Apr 18, 261.0356
Apr 17, 261.0325
Apr 16, 261.0153
Apr 15, 261.0274
Apr 14, 261.0600
Apr 13, 261.0611
Apr 12, 261.0773
Apr 11, 261.0610
Apr 10, 261.0460
Apr 9, 261.0398
Apr 8, 261.0146
Apr 7, 261.0155
Apr 6, 261.0072
Apr 5, 260.9947
Apr 4, 260.9811
Apr 3, 260.9604
Apr 2, 260.9344
Apr 1, 260.9476
Mar 31, 260.9594
Mar 30, 260.9652
Mar 29, 260.9673
Mar 28, 260.9641
Mar 27, 260.9528
Mar 26, 260.9647
Mar 25, 260.9588
Mar 24, 260.9775
Mar 23, 260.9986
Mar 22, 261.0000

Proof-carrying attestation

PCP-1 · what any wallet or protocol can verify — without seeing a position

✓ fully proven
  • Is the NAV right?✓ 1.3397 · epoch #190
  • Are the rules followed?✓ mandate 0xa3f9489f…
  • What if markets crash?✓ worst proven loss ≤ 27.0%
  • Who runs it, and how good are they?✓ ghost·19c4 · +0.9% proven

// proof of risk · valid 48h, current epoch only

Equities −20%≤ 11.5%
Crypto −40%≤ 16.5%
Equities −20% & crypto −40%≤ 27.0%
Tech −30%≤ 7.0%

// as collateral on Robinhood Chain

0.9110USDC / share

NAV − 32.0% haircut (worst proven loss + 5% buffer, min 15%)

Launched through VaultFactory with a verified claim. Verify track record →

30D

+15.0%

1Y

+34.0%

Max drawdown

-11.8%

Sharpe (ann.)

1.45

Mandate

Public. Proven every epoch.

  • ✓Max 10% in any single stock
  • ✓Max 35% in any sector
  • ✓Turnover ≤ 25% of NAV per epoch
  • ✓Cash buffer ≥ 5%
  • ✓Crypto ≤ 45% of NAV
  • ✓Only S&P 500 (tokenized) + top-20 crypto
  • ✓No leverage, no shorts
  • · Management fee 1.2% / yr (contract cap 2%)

What you see / what's sealed

  • ◉ NAV per share
  • ◉ Rules compliance
  • ◉ Deposits & redemptions
  • ◉ Fees
  • ◉ AUM
  • ■ Holdings
  • ■ Weights
  • ■ Trades
  • ■ Timing
  • ■ Signal

An independent auditor holds a view key and can decrypt holdings for compliance checks.

Proof log

Each row is one verified epoch.

EpochDateNAVPrice rootStateChecks
#190Sep 28, 2026, 9:00 PM1.33970x5efcf30c…0xdcc5c50f…7/7 ✓
#189Sep 27, 2026, 9:00 PM1.37510x0c13875f…0x4d172368…7/7 ✓
#188Sep 26, 2026, 9:00 PM1.37290x949ef8ae…0x123f6829…7/7 ✓
#187Sep 25, 2026, 9:00 PM1.37290xde29904b…0x4e3b2170…7/7 ✓
#186Sep 24, 2026, 9:00 PM1.32890x8ae592b9…0xe288ae9f…7/7 ✓
#185Sep 23, 2026, 9:00 PM1.30940xb5d6d55a…0xaaa6314b…7/7 ✓
#184Sep 22, 2026, 9:00 PM1.28120x248d6075…0x5779ad53…7/7 ✓
#183Sep 21, 2026, 9:00 PM1.28550x35e447a1…0x0bf12f67…7/7 ✓
#182Sep 20, 2026, 9:00 PM1.26630xd86567f1…0x82e1dbbf…7/7 ✓
#181Sep 19, 2026, 9:00 PM1.26900xacfab224…0x545da74f…7/7 ✓
AmountUSDC

Requests settle at the next proven NAV — nobody, including the manager, can trade against a stale price. Cancel any time before settlement.

AUM
$4.6M
Inception
Mar 22, 2026, 9:00 PM
Volatility (ann.)
26.8%
Settlement
Next epoch

* Performance figures are simulated — not a real track record and not investment advice.