When we started building Mudrex in Oct 2018, we just wanted to solve our own problems. Automating trading was hard, finding quality strategies and signal providers was difficult, and the crypto world was filled with scams. We wanted to build a trustworthy, reliable, and scalable platform that just works and helps us grow our money.

2 years from that point, in Oct 2020, we made our first investment from the companies books. We paper traded for 6 months, ran countless backtests, and detailed risk analysis. After all, this was the company’s money, not something we could just afford to play with. Our literal survival depends on Mudrex having funds till we monetize at scale.

We started was a modest sum of 4000 USD, and paid all the fees any other user would need to pay, but it marked an important point in our journey. This is the first of many products we plan to offer in the future under the ‘Mudrex Fund’ umbrella. Over the next year, we plan to scale this up to ~20 Mn USD. Performance details below:

Performance till date: +61.89% in 4 months

We started with paper trading to identify core strategies. 70% of the investment always goes in strategies that have a long performance history and have been well tested. This core is used to offer steady, month over month, consistent gains. The remaining 30% is distributed among less proven strategies that have shown a burst of growth in the recent past.

Oct ’20Nov ’20Dec’ 20Jan’ 21
Initial Amount400072001060020675
Final Amount447683461159523532
Returns47611469952857
Returns %11.90%15.92%9.39%13.82%

Investment History

We have steadily grown the investment amount from 4,000 USD in Oct to now 40,698 USD. We have had an average monthly return of ~12.76%. Returns over the last four months are 50% higher than the expected return of ~8% per month (based on 6-month paper trading history). As time progresses and the market calms down we expect the average to reduce and plateau off. We also expect some loss-making months.

Jan 2021 Performance: + 13.82%

Dec 2020 was a great month for crypto overall. 5 out of 6 bundles we had picked gave >10% returns. Unfortunately, the one bundle that we were used on a trial basis ended up losing a large amount. The benefit of diversification is that despite that a large loss in one bundle, the gains made by the other bundles were enough to give us steady returns.

Date range29th Nov-29th Dec
Initial Value20675 USD
Final Value23535 USD
Returns13.82%

Here is how the individual returns looked like at the end of the month. As you can see diversifying greatly helped us reduce losses from some of the trial bundle. The appreciation in BTC price also helped grow the portfolio.

Portfolio setup for Feb 2021

We plan to increase both the amount and the number of bundles we invest in. For Feb 2021 we have chosen 18 bundles to deploy capital across 2 different funds, one aimed at steady USDT growth another one for BTC growth.

Start date29th Jan 2020
Total Invested40629 USD(30k USDT +0.3 BTC)
Number of Bundles18

Transparency is a value we strongly believe in. We think that more people can benefit from our analysis and hence we are opening up our entire portfolio for everyone to look at and get inspired from. We hope this helps users find the best options for their investment.

Resources

  1. Public sheet with Mudrex Treasury portfolio performance info and allocation
  2. Bundles in USDT growth fund:
    1. Toshin Link(15%)
    2. Wave(15%)
    3. Windfarm ETH(15%)
    4. Chimera BTC Spot(15%)
    5. PrimusAlgo Scalp USDT(5%)
    6. MisterCripto BTC Binance Futures(5%)
    7. Windfarm Link(5%)
    8. MisterCripto BTC Spot (5%)
    9. Rigel SAFU (5%)
    10. MisterCripto Link(5%)
    11. ACE ETH (5%)
    12. VdET76T – ADA (5%)
  3. Bundles in BTC Growth Fund
    1. Toshin IX Binance futures (16.66%)
    2. MisterCripto BTC Binance Coin Futures (16.66%)
    3. PrimusAlgo Scalp BTC (16.66%)
    4. Chimera Coin Futures (16.66%)
    5. Wave Coin Futures (16.66%)
    6. VdET76 BTC Accum (16.66%)

Financial Disclaimer

The above does not constitute financial advice in any way whatsoever. Nothing published by Mudrex constitutes an Investment recommendation nor should any data published by Mudrex be used for investment activities. Mudrex, its employees or any of the strategy creators on the platform are not registered financial advisors or investment professionals. We strongly recommend that you perform your own independent research and/or speak to a qualified investment professional before investing.