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โš  VERDICT UNDER REVIEW IAAFT-dependent finding

Original verdict relied on IAAFT null calibration โ€” now prohibited by project policy. The finding needs to be re-derived from an approved null-calibration method before it can be used for decisions. Numbers below are preserved for the record.

Experiment 4 of 5 ยท validation ยท 17 sec compute
REPLICATED 3/3 BTC + ETH + ADA

๐ŸŒ Does the BTC finding replicate on ETH and ADA?

Verdict: REPLICATED. The kyle_lambda_proxy non-linear dependence finding holds on BTCUSDT, ETHUSDT, and ADAUSDT โ€” IAAFT-validated REAL on all 6 (pair, symbol) combinations. The magnitude shrinks on smaller-cap symbols, but the signal stays decisively above its (also-shrinking) autocorrelation null. Not a BTC-specific artifact.

Hub trail: audit hub โ†’ multi-symbol-robustness/

Why this test mattered

The Gate 3 calibration proved the BTC finding is "real, not noise". But maybe BTC is special โ€” maybe it has microstructure quirks that make this dependence appear. If we run the same test on Ethereum and Cardano (different liquidity, different traders, different market dynamics) and the finding doesn't replicate, then we've discovered something BTC-specific. If it does replicate, we've discovered something about how markets work, not just about BTC. This is the difference between a one-off curiosity and a generalizable result.

Headline numbers

Symbols REPLICATED
3 / 3
BTC, ETH, ADA all IAAFT-REAL
Signal-to-null ratio
4-11ร—
Lowest is still decisive
Magnitude BTCโ†’ADA
8ร— decline
Substrate-physics: liquidity-gated SNR
Compute
17 sec
Laptop, single-threaded

Per (pair ร— symbol) result

The 2 ORTHOGONAL-prior pairs tested against IAAFT null distributions on each symbol.

Pair Symbol Observed ฮพ Null max Ratio Verdict
kyle_lambda_proxy โ†” ofiBTCUSDT0.7150.06511.0ร—REAL
kyle_lambda_proxy โ†” ofiETHUSDT0.2970.0417.3ร—REAL
kyle_lambda_proxy โ†” ofiADAUSDT0.2320.02310.3ร—REAL
kyle_lambda_proxy โ†” buy_volumeBTCUSDT0.6520.0699.5ร—REAL
kyle_lambda_proxy โ†” buy_volumeETHUSDT0.1640.0266.3ร—REAL
kyle_lambda_proxy โ†” buy_volumeADAUSDT0.0790.0184.3ร—REAL

The "diminishing magnitude" pattern

You can see ฮพ shrinks as we go from BTC to ADA. But so does the null max. That's because BTC has more trades per bar (higher liquidity), which produces denser, less-noisy feature time series with stronger detectable structure. ADA at the same threshold has fewer trades per bar, so everything is noisier โ€” but the noise floor (null max) is also smaller. The ratio stays 4-11ร— across the board, meaning we're seeing the same real phenomenon, just at different signal-to-noise ratios.

What this confirms (vs. what it doesn't)

Confirms: NOT BTC-specific

Pair-8 finding replicates on every tested symbol. The 3-axis verdict's "kyle is the most orthogonal feature" is substrate-generally correct under Pearson โ€” and substrate-generally incomplete under non-linear metrics.

Open: other thresholds

Only 100 dbps tested. Coarser thresholds (250+) may flip the magnitude pattern.

Open: economic significance

Small ADA magnitudes might be statistically real but economically irrelevant. Orthogonality is upstream of utility.

Provenance: committed in f4235b13 ยท "multi-symbol robustness + Chatterjee broadening โ€” both validate"