Forensics

AVDS §4.5

Logical actions reconstructed from the raw fill stream (FIFO lot matching per wallet and symbol; one logical action per closing fill). Classification: rode when the round trip beat its costs, fought when it paid them, flat within ±1 bps of notional.

Logical actions
3
Rode
3
Fought
0
Flat
0
Net realized
$71.38
Fee friction
11.22 bps
fees $53.25

Logical action log

ClosedWalletSymbolDirQtyEntryExitHeldFeesNet PnLClass
08-20 17:03PhilHYPEL56.740073.7273.9937m$10.057$5.09rode
08-20 16:50PhilBTCL0.237072,266.1072,552.6031m$41.186$26.71rode
09-11 13:32AlexeiAAPLL5.1400321.56329.6521.0h$2.008$39.57rode

Fee friction is fees-only (no reference feed on this surface). The Observatory measured −21.66 bps full round-trip friction on v1 during the turnover-weighted incentive window — that methodology ports here once the tick mirror covers v2 symbols.