What is horakl?

1. What is horakl?

horakl is a decentralized crypto research network built around verifiable portfolio performance. Managers, analysts, traders and investors can create public model portfolios and publish research or investment theses.

horakl is a research network where investment ideas can become measurable, verifiable track records. Research, theses and analysis are abundant; what is harder to understand is what decisions someone actually made, when they made them, how those decisions performed, how much risk was taken, how consistent they were, and whether the track record persisted. horakl connects research with measurable portfolio history so ideas can be evaluated against the decisions and performance that followed them.

2. How does horakl work?

• A manager defines a portfolio: name, icon, types, token holdings, allocation weights that must total 100%, comments (research) of up to 1000 characters, and an access price. Publishing requires a one-time fee of 1.00 USDT paid to the horakl Treasury, plus network gas.
• The platform records the allocation and tracks it over time. Each portfolio is normalized to an initial NAV (Net Asset Value) of 100 so different portfolios can be compared on the same scale.
• Performance and risk metrics are computed from the recorded allocation and market price data by scheduled backend pipelines. Metrics reflect the latest processed snapshot rather than a live tick.
• History is preserved: when a manager rebalances or removes a holding, the previous state is retained, and rebalance history records the date, the changes and the total absolute weight change for each adjustment. This is what makes performance auditable rather than self-reported.
• Visitors can explore and preview portfolios without a wallet. A supported EVM wallet is required to create a portfolio, purchase access or follow managers.
• Every portfolio has a public preview. Purchasing access unlocks the full token-level composition and the manager’s research for 30 days for the purchasing wallet.

3. Who is horakl for?

• Managers, analysts and researchers who want to publish research and build a public track record. Reputation comes from tracked decisions rather than from claims, and a track record can be built without handing over investment capital.
• Investors who want to discover, evaluate and compare strategies using recorded history, performance, risk metrics, Score, ranking, thesis and benchmark comparison where available, before committing capital elsewhere.
• Traders who want to benchmark their allocation decisions against a transparent methodology and see how decisions performed over time.

4. What are model portfolios?

A horakl portfolio is a model or research portfolio: a model allocation of tokens chosen by a manager, with research and an access price. Holdings must total 100%, and each holding has a network and a weight.

A model portfolio represents the recorded decision, not invested capital. Creating or following a portfolio on horakl does not mean horakl invests the portfolio’s displayed or notional value in the underlying assets. Portfolios are tracked according to the platform methodology so performance, risk and behavior can be measured consistently and compared across managers.

• Public preview: name, icon, types, manager, general metrics, composition grouped by token type, NAV evolution, access price and view count.
• Paid full access: individual tokens, networks and weights, the research content, and rebalance history detail.

5. How are model portfolios tracked?

• Each portfolio is normalized to an initial NAV of 100, and its evolution is recorded as a NAV series.
• Allocations are recorded and preserved across rebalances, so past performance and composition remain auditable.
• Rebalance history records the date, the changes and the total absolute weight change for each adjustment.
• Metrics are derived from the recorded allocation and third-party market price data by scheduled backend pipelines; the displayed values reflect the latest processed snapshot.
• Portfolios can be inactivated so they are hidden and stop accepting new payments, while their history is preserved. Inactivation is not deletion.

6. What metrics does horakl use?

Every portfolio is measured with a consistent set of performance and risk metrics so managers can be compared on the same basis:

• ROI 7d, ROI 30d and ROI Max (since inception). ROI measures the percentage change in a portfolio’s NAV over a window.
• Total Score (0–100).
• Consistency and Discipline, which describe behavior over time.
• Sharpe Ratio, a risk-adjusted return measure.
• Volatility, a measure of how much returns fluctuate.
• Max Drawdown, the largest peak-to-trough decline in NAV.
• Tail Risk (ruin probability).
• Performance versus Bitcoin, where the product exposes a comparison against that benchmark.

The analytical tools use a related set of indicators on normalized series: ROI, Max Drawdown, Consistency, Sharpe Ratio and Volatility, all calculated for the selected period. Metrics are computed by backend pipelines and should be interpreted together rather than in isolation.

7. What is the horakl Score?

The horakl Score is a 0–100 reputation metric computed for every portfolio. It combines performance and behavioral factors into a single comparable number, and ranking orders portfolios using these tracked signals.

The weights sum to 100%. The final normalization and scaling of each factor into the 0–100 Score is computed by backend pipelines; the table lists the approved factor weights, not the full normalization formula.

8. What is Crypto Compare?

Crypto Compare is horakl’s comparison tool. It places several entities on a single chart and a single metrics table so their performance and risk can be read side by side on a common percentage basis. It compares three kinds of entity: cryptocurrency tokens, crypto market categories and horakl research portfolios.

• A comparison has one primary entity and up to five additional entities, so a maximum of six entities can be displayed at once. Mixed comparisons are supported.
• Three periods are available: 7D, 30D and 90D. Every entity in a comparison is measured over the same calendar window, with the same reference dates.
• Each series starts at an index value of 100 on the first day of the window. The normalized index is an analytical representation, not an asset price.
• Five indicators are reported for the selected window: ROI, Max Drawdown, Consistency, Sharpe Ratio and Volatility. A dash means the value is not available for that entity in that window.
• Categories are represented by fixed, equally weighted baskets of currently eligible tokens that have complete daily price history for the period. Coverage is disclosed per category, and category results carry survivorship bias because the basket is reconstructed retrospectively.
• Missing historical observations are never interpolated, so a gap in the data is shown as a gap rather than filled with an estimate.
• The comparison engine returns no universal cross-entity score, so Score is not displayed on that page. Portfolio Score applies to portfolios only.
• The selection and period live in the page address, so a comparison can be shared as a link that restores the same view.

9. What are Token Explorer and Explore?

Token Explorer is the market intelligence surface for the tokens horakl tracks. For a selected period (24H, 7D, 30D or 90D) and optional filters by category, blockchain and market-cap tier, it shows:

• Market Intelligence: four aggregate indicators describing the tracked universe for the period — Tracked Tokens, Market (period), which is the filtered benchmark, Positive and Beat Market.
• horakl Quadrants: a 2x2 market matrix that classifies tokens by whether they rose or fell and by whether they performed above or below the benchmark of the filtered universe, producing four groups: Market Leaders, Positive Laggards, Relative Defenders and Underperformers.
• The tracked token table and token pages: market capitalization, Change, relative Change, Consistency and Max Drawdown per token, and individual token pages with price history.

Stablecoins are excluded from the tracked universe, tokens without enough data for the period are reported separately rather than classified, and quadrant placement is a description of a period, not a prediction or a recommendation.

Explore is where published model portfolios are discovered. Portfolios can be sorted and filtered by performance, score, price and creation date, and by favorites and type. The home page highlights Trending portfolios (based on recent NAV changes) and New portfolios (based on creation date) alongside the Global Ranking.

10. Can research creators monetize their work?

Yes. Managers can offer eligible paid access to their research and receive earnings according to the current platform rules. Research is published as part of a portfolio, and the rationale is written in the Comments step during creation.

• Access is purchased in USDT on one of the supported EVM networks and settled through a Router contract. Purchased access lasts 30 days from the moment it is granted, for the purchasing wallet.
• The current Router flow sends 90% of the access payment to the creator/manager and 10% to the horakl Treasury. The buyer pays the network gas. The live split preview shown during purchase is the authoritative figure for a given transaction.
• Publishing a portfolio requires a separate one-time fee of 1.00 USDT paid to the horakl Treasury, plus network gas. It does not use the access-purchase split.
• Earnings accumulate per network and token as claimable earnings, and managers can request withdrawals through the platform. Confirmation times depend on the selected network.

Payments are not the centerpiece of how reputation is built on horakl: reputation comes from a tracked, preserved history of decisions. Earnings depend on the current platform rules and on the access payments actually made.

11. Does horakl execute trades, manage funds or hold crypto assets?

No. horakl does not execute trades, does not manage funds and does not provide custody of crypto assets.

• A horakl portfolio is a model or research portfolio. horakl tracks allocations and computes performance; it does not invest the portfolio’s notional capital in the underlying assets.
• horakl does not take custody of capital and does not execute the allocation in the underlying assets. It is not a fund manager or a custodian, and it is not a broker or a trade execution service.
• horakl does not provide investment advice. Research represents the manager’s views at the time of writing, is not endorsed by horakl and is not financial advice.
• Payments are on-chain transactions that the user’s own wallet signs and sends. horakl prepares and verifies them, then unlocks access or completes a creation. horakl never asks for a recovery phrase or private key.
• Portfolio lines and metrics describe tracked model portfolios, not executed trades, and do not include transaction costs, slippage, fees or the timing differences of a real account.

12. Where is the official documentation?

The official horakl documentation is available in two forms:

• In the application at horakl.com/docs, organized into sections: Get Started, Portfolios, Performance, Analytics & Research Tools, Score & Ranking, Research & Access, Creators / Managers, Wallets & Payments, Methodology, and FAQ & Glossary.
• As static HTML documentation written to be readable without JavaScript, including this reference page.

Static documentation pages:

• Get Started — what horakl is, quick start and core concepts.
• Portfolios Overview — holdings, allocations, NAV, rebalances and status.
• Performance Overview — the metrics horakl tracks for every portfolio.
• Analytics & Research Tools — Crypto Compare, horakl Quadrants and Market Intelligence.
• Score & Ranking — the horakl Score, its factors and ranking.
• Research & Access — public preview, paid access and access rules.
• Creators / Managers — publishing research, earnings and withdrawals.
• Wallets & Payments — supported wallets and networks, access payments and fees.
• Methodology — market data, price updates, performance methodology and limitations.
• FAQ & Glossary — common questions and term definitions.