{
  "schemaVersion": "dxrg-terminal-pro-market-behavior-observations/v1",
  "version": "1.0.0",
  "title": "DX Terminal Pro Market Behavior Observations",
  "publishedDate": "2026-08-30",
  "publisher": "DX Research Group",
  "canonicalPage": "https://www.dxrg.ai/blogs/dx-terminal-pro",
  "evidenceClass": "historical-live-deployment",
  "deploymentScope": "One bounded 21-day deployment with a frozen production prompt and harness, one model family, and a 12-token onchain market.",
  "primarySource": {
    "title": "Operating-Layer Controls for Onchain Language-Model Agents Under Real Capital",
    "frozenVersion": "arXiv:2604.26091v1",
    "url": "https://arxiv.org/abs/2604.26091v1",
    "localPath": "/blogs/5/dx-terminal-pro-paper.pdf"
  },
  "definitions": {
    "sellCascade": "At least 10 vaults selling the same token within 10 minutes.",
    "twoSidedTokenWindow": "A five-minute window containing at least one buy and at least one sell for the same token."
  },
  "observations": [
    {
      "observationId": "feet-one-hour-buy-cascade",
      "measurement": "buy-cascade",
      "eventDay": 3,
      "tokenLabel": "FEET",
      "windowMinutes": 60,
      "buyingVaults": 1544,
      "activeVaults": 3454,
      "communicationState": "The vaults did not communicate with each other.",
      "sourceLocator": "Production Behavior Under a Frozen Harness, page 9",
      "interpretation": "Shared market state was sufficient for a concentrated buy event in the reported deployment."
    },
    {
      "observationId": "poopcoin-largest-sell-cascade",
      "measurement": "largest-reported-sell-cascade",
      "tokenLabel": "POOPCOIN",
      "sellCount": 438,
      "medianInterAgentGapSeconds": 9.5,
      "sourceLocator": "Production Behavior Under a Frozen Harness, page 10",
      "interpretation": "The row describes the largest sell cascade reported for this token in the deployment."
    },
    {
      "observationId": "tournament-sell-cascade-count",
      "measurement": "sell-cascade-count",
      "cascadeCount": 3878,
      "minimumSellingVaults": 10,
      "sameTokenRequired": true,
      "windowMinutes": 10,
      "sourceLocator": "Production Behavior Under a Frozen Harness, page 10",
      "interpretation": "The count uses the paper's registered sell-cascade definition across the tournament."
    },
    {
      "observationId": "two-sided-token-window-share",
      "measurement": "trade-share-in-two-sided-token-windows",
      "tradeSharePercent": 92.9,
      "windowMinutes": 5,
      "minimumBuys": 1,
      "minimumSells": 1,
      "sameTokenRequired": true,
      "sourceLocator": "Production Behavior Under a Frozen Harness, page 10",
      "interpretation": "The shared model produced both buy and sell flow when mandates, positions, and settings differed."
    }
  ],
  "privacyBoundary": "The object contains aggregate event and market-window measurements already published in the paper. It excludes wallet, vault, and agent identifiers, strategy or chat text, reasoning traces, individual trades, individual returns, and language-cohort membership.",
  "evidenceBoundary": "These rows describe one historical deployment. They do not isolate a single cause or establish ordinary-market prevalence, alpha, profitability, universal safety, or transfer beyond the reported setting."
}