Messy Fund Update

Latest update

Fund / Signal update · 21 June 2026

Each week: what changed across our Guru funds on Base — Guru Lotus read-only NAV snapshots (messybased, messyinfra) plus micro test funds on Guru (base01–03) that run the full screening → council → target-change workflow. Those micro funds are traded by the fund workflow; target changes execute manually or automatically only after council resolution. We pair that with macro, narratives, and screening context: what moved, what was passed on, and what the process teaches about AI-managed Funds. Published for transparency only; this update does not execute trades or rotate the books.

Guru Lotus (read-only NAV)

Micro test funds on Guru (workflow-traded)

messybased — screening & council

Current book
MESSY 78.5% ETHY 10.5% FACY 8.0% WIRE 3.1%

WETH $0

7-day aggregate — 7 source runs, as of 20 June 2026

#1 OLAS Appeared in 5/7 source run(s) with avg rank 2.80 and best rank 1.
#2 SHEKEL Appeared in 5/7 source run(s) with avg rank 3.20 and best rank 2.
#3 ATHENA Appeared in 4/7 source run(s) with avg rank 1.00 and best rank 1.
#4 VELVET Appeared in 3/7 source run(s) with avg rank 2.33 and best rank 2.
#5 CXT Appeared in 3/7 source run(s) with avg rank 5.67 and best rank 4.
#6 DARKSOL Appeared in 3/7 source run(s) with avg rank 7.33 and best rank 7.
#7 AIN Appeared in 2/7 source run(s) with avg rank 2.50 and best rank 1.
#8 CPHY Appeared in 2/7 source run(s) with avg rank 3.50 and best rank 3.

messyinfra — screening & council

Current book
MESSY 62.4% AERO 14.6% VIRTUAL 9.1% BNKR 8.8% KTA 5.1%

WETH $0

7-day aggregate — 7 source runs, as of 20 June 2026

#1 ATHENA Appeared in 4/7 source run(s) with avg rank 2.00 and best rank 2.
#2 CHECK Appeared in 4/7 source run(s) with avg rank 2.75 and best rank 1.
#3 HANDL Appeared in 3/7 source run(s) with avg rank 1.00 and best rank 1.
#4 CUSDO Appeared in 3/7 source run(s) with avg rank 3.67 and best rank 1.
#5 VCHF Appeared in 3/7 source run(s) with avg rank 5.00 and best rank 3.
#6 OLAS Appeared in 3/7 source run(s) with avg rank 5.33 and best rank 4.
#7 VELVET Appeared in 3/7 source run(s) with avg rank 6.00 and best rank 5.
#8 KING Appeared in 3/7 source run(s) with avg rank 6.00 and best rank 3.
🔄
Council · certified · target change · 6 June 2026

No hard policy blocks are present, and the book has fresh holdings, macro, and narratives coverage. The main admissibility concern is that screening aggregate coverage is degraded/sparse and mixed-context, so any rotation or new-position decision would be based on a thinner evidence stack than usual. Macro is regime N but risk-off news overlay and fully deployed high-beta exposure argue against net risk increase. A selective candidate rotation or rebalance is permissible, but execution should be treated as review-required rather than automatic.

base01 — screening & council

Current book
MESSY 1.9%

WETH $19

7-day aggregate — 7 source runs, as of 20 June 2026

#1 ATHENA Appeared in 4/7 source run(s) with avg rank 2.00 and best rank 2.
#2 CHECK Appeared in 4/7 source run(s) with avg rank 2.75 and best rank 1.
#3 HANDL Appeared in 3/7 source run(s) with avg rank 1.00 and best rank 1.
#4 CUSDO Appeared in 3/7 source run(s) with avg rank 3.67 and best rank 1.
#5 VCHF Appeared in 3/7 source run(s) with avg rank 5.00 and best rank 3.
#6 OLAS Appeared in 3/7 source run(s) with avg rank 5.33 and best rank 4.
#7 VELVET Appeared in 3/7 source run(s) with avg rank 6.00 and best rank 5.
#8 KING Appeared in 3/7 source run(s) with avg rank 6.00 and best rank 3.

base02 — screening & council

WETH $8

7-day aggregate — 7 source runs, as of 20 June 2026

#1 ATHENA Appeared in 4/7 source run(s) with avg rank 2.00 and best rank 2.
#2 CHECK Appeared in 4/7 source run(s) with avg rank 2.75 and best rank 1.
#3 HANDL Appeared in 3/7 source run(s) with avg rank 1.00 and best rank 1.
#4 CUSDO Appeared in 3/7 source run(s) with avg rank 3.67 and best rank 1.
#5 VCHF Appeared in 3/7 source run(s) with avg rank 5.00 and best rank 3.
#6 OLAS Appeared in 3/7 source run(s) with avg rank 5.33 and best rank 4.
#7 VELVET Appeared in 3/7 source run(s) with avg rank 6.00 and best rank 5.
#8 KING Appeared in 3/7 source run(s) with avg rank 6.00 and best rank 3.

base03 — screening & council

Current book
CUSDO 11.1% VELVET 11.0% MESSY 0.0%

WETH $11

7-day aggregate — 7 source runs, as of 20 June 2026

#1 ATHENA Appeared in 4/7 source run(s) with avg rank 2.00 and best rank 2.
#2 CHECK Appeared in 4/7 source run(s) with avg rank 2.75 and best rank 1.
#3 HANDL Appeared in 3/7 source run(s) with avg rank 1.00 and best rank 1.
#4 CUSDO Appeared in 3/7 source run(s) with avg rank 3.67 and best rank 1.
#5 VCHF Appeared in 3/7 source run(s) with avg rank 5.00 and best rank 3.
#6 OLAS Appeared in 3/7 source run(s) with avg rank 5.33 and best rank 4.
#7 VELVET Appeared in 3/7 source run(s) with avg rank 6.00 and best rank 5.
#8 KING Appeared in 3/7 source run(s) with avg rank 6.00 and best rank 3.
🔄
Council · not certified · target change · 18 June 2026

Target finalization: Target finalization requires review: unsupported-exit requires override for sleeve mvs-base03-1 token 9729; unsupported-exit requires override for sleeve mvs-base03-1 token 9801.

No hard admissibility block is present. Fresh screening and aggregate evidence are available for the beta sleeve, the allowed token set is respected by the proposed rotation set, and the candidate slate fits the two-position envelope. The main issue is a coverage mismatch: the aggregate is fresh but explicitly mixed-context, so any target-change motion should be treated as advisory-support rather than fully homogeneous evidence. Macro is risk-off (R-), which supports maintaining defensive posture at the fund level while permitting sleeve-level rotation within bounds.

Market regime — macro economics

47.83
Neutral
The Effective Score of 47.83 (down 3.19 points from Base 51.02) signals a **Neutral regime with modest headwinds**—crypto is not in distress, but near-term catalysts favor caution over aggression. The dominant tailwind is strong global liquidity (+4.6% YoY) and a sharp collapse in reverse-repo demand (−97.9% in 20 days), both signaling ample system cash; the primary headwind is a $4.34B outflow from US spot Bitcoin ETFs over 60 days, compounded by the Federal Reserve's hawkish June 17 hold and Iran's geopolitical saber-rattling. This matters now because institutional capital is rotating away from crypto despite record equity inflows, and the Fed's 2026 rate-hike projections have pushed rate-cut expectations to 2027—a structural headwind for risk assets.

Narrative momentum — 21 June 2026

Narrative 15d 30d 60d vs BTC 15d Read
Privacy Coins +10.9% -23.5% +10.0% +18.9pp Fading
Decentralized Finance (DeFi) +10.6% +10.3% +24.9% +32.7pp Steady
Decentralized Science (DeSci) +4.8% -26.6% +10.3% +25.0pp Fading
Real World Assets (RWA) +4.1% +2.1% +8.4% +23.9pp Watch
SocialFi +3.3% -17.1% -38.3% -20.5pp Fading
AI Agents -4.6% -15.8% +12.0% +37.1pp Fading

AI Agents is -4.6% over 15d but +37.1pp vs BTC — absolute strength does not always mean allocation-worthy beta.

Aggregate signal · Risk reject

✅ Aggregate signal
OLAS
Autonolas
Appeared in 5/7 daily runs across messybased and messyinfra and base01 and base02 and base03 over the 7-day lookback. Appeared in 5/7 source run(s) with avg rank 2.80 and best rank 1.
5-fund aggregate

What this teaches the future Fund Agent

1
Macro gates gross exposure. Regime context (47.83 Neutral) → defensive funds stay in core; beta funds rotate within the book, not expand it blindly.
2
Daily screen ≠ automatic trade. The day's #1 candidate and the 7-day aggregate leader can differ — the agent needs both horizons, not just the latest signal.
3
Council is the constraint layer. Certified outcomes encode PM conflict, guardrail breaches, and explicit rotate-out lists. This is training data for autonomous Funds — not marketing copy.

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