Unravel
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Multi-Factor PortfoliosCross-Sectional FactorsRisk Overlays
Terminal & API

Cross-Sectional Alpha Factors for Crypto

Enhance risk-adjusted returns by overlaying crypto-native cross-sectional alpha factors on top of any HFT / MFT strategy. Bootstrap your crypto alpha research and go into production in days.
Multi-Factor Portfolios
Cross-Sectional Factors
Factor BoardPoint-in-time
FactorYTD1Y
Polaris
polaris.40
+23.52%+68.54%
Supply Velocity
supply_velocity.40
+2.58%+63.98%
Altair
altair.40
-4.10%+47.56%
Enhanced Carry
carry_enhanced.40
+11.15%+36.59%
Margin Risk
margin_risk.40
+3.81%+28.78%
Relative Illiquidity
relative_illiquidity.40
-5.13%-10.29%
Retail Flow
retail_flow.40
+6.19%-12.42%
Top 40 Market Cap Universe - 200% Gross ExposureAs of May 27, 2026

Factor performance

May 28, 2025 – May 27, 2026
PolarisSupply VelocityAltairEnhanced CarryMargin RiskRelative IlliquidityRetail Flow
7396119142165188May 25Jul 25Sep 25Nov 25Jan 26Mar 26May 26
Featured
Polaris
polaris.40
Period return
+73.66%
Ann. vol (1Y)
28.2%
Sharpe (1Y)
1.95
Max drawdown
-31.2%

Top 40 Market Cap Universe - 200% Gross Exposure

Portfolio Highlight

Unravel
Spectra
Combines 7 cross-sectional, orthogonal factors, optimizing for market-neutral risk-adjusted performance.
Benchmark (BTC)Portfolio
43.5%
170.6%
0.91
3.24
1.00
0.08
Top 40 Market Cap
Tier 3
Market-Neutral
Survivorship-Bias Free
Multi-Factor

Example daily composition of weights

Endorsed by

Unsigned ResearchCorvus ResearchRobotWealthXlydian

Trusted by further institutional partners under confidentiality

Accelerate Research to Deployment

Market-Neutral, Multi-Factor Portfolios

Institutional-grade, high-performance Factor Portfolios

Traditional and Proprietary Factors

Extensive collection of cross-sectional exogenous alpha & factor risk overlays.

Unique Datasets & Alpha Sources

Liquidity, Orderbook-derived, Flow, On-Chain & Sentiment factors.

Access Historical Data or Trial Live Data

Create a free account to explore complete historical factor data (all data except the last 30 days).

Ready to test in production?
Sign up for a Prime Proof of Concept to access live data feeds.

Explore Notebooks

Replicate Spectra — our flagship multi-factor portfolio

Reproduce Spectra, our 6-factor market-neutral portfolio, from its constituent Unravel factors
Replicate Spectra — our flagship multi-factor portfolio

Retail Flow Factor Analysis

Retail Flow factor analysis with AlphaLens
Retail Flow Factor Analysis

Adaptive Portfolios with Risk Overlay

Replicate Adaptive portfolios with Risk Overlay using Unravel API
Adaptive Portfolios with Risk Overlay

Get Started

1
Discover multi-factor, market-neutral portfolios on the Unravel Terminal
2
Sign up for free and validate historical performance with our
Reproduction Kit
3
Subscribe to fetch the current weights directly from
our API

Ready to deploy cross-sectional portfolios?

Schedule a consultation with our team to discuss your specific needs and how our institutional API can give you an edge.

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