Beneat

Wallet Scoring #

Our proprietary scoring system evaluates wallets across multiple dimensions to create a composite quality score from 0 to 100. The score reflects a wallet's likelihood of generating alpha on future trades.

Score Components #

We weight four factors based on their predictive value for future performance:

Component	Weight	What It Measures
Performance	40%	Actual trading results across multiple time horizons. We balance recent performance with long-term track records to identify sustainable edge.
Consistency	25%	Stability of returns over time. Includes volatility analysis, drawdown characteristics, and win rate stability across market conditions.
Risk-Adjusted	20%	Returns normalized by risk taken. Identifies wallets generating alpha efficiently rather than through excessive risk exposure.
Activity	15%	Meaningful engagement patterns. Sufficient trade frequency, position diversity, and volume patterns consistent with historical behavior.

Calculation Pipeline #

bash

┌─────────────────────────────────────────────────────────────┐
│  INPUT METRICS                                               │
│  ROI • Win Rate • Volatility • Activity • Holdings          │
└─────────────────────────────┬───────────────────────────────┘
                            │
                            ▼
┌─────────────────────────────────────────────────────────────┐
│  NORMALIZE                                                   │
│  Scale each metric to 0-100 range                           │
└─────────────────────────────┬───────────────────────────────┘
                            │
                            ▼
┌─────────────────────────────────────────────────────────────┐
│  WEIGHT & COMBINE                                            │
│  Apply factor weights, compute composite                     │
└─────────────────────────────┬───────────────────────────────┘
                            │
                            ▼
┌─────────────────────────────────────────────────────────────┐
│  COMPOSITE SCORE (0-100)                                     │
└─────────────────────────────────────────────────────────────┘

Score Tiers #

Wallets are classified into tiers based on their composite score:

Tier	Score	Percentile	Tracking Status
Elite	90-100	Top 1%	Full position tracking, priority zone weighting
Excellent	80-89	Top 5%	Full position tracking
Good	70-79	Top 15%	Standard tracking
Average	60-69	Top 50%	Limited tracking
Below Average	Under 60	Bottom 50%	Excluded from analysis

Only wallets scoring 60+ contribute to zone generation. This filtering ensures our probability zones reflect genuinely skilled traders, not noise.

Update Frequency #

Scores are recalculated at different intervals depending on activity level:

Trigger	Frequency	Scope
Significant transaction	Real-time	Affected metrics only
Daily recalculation	00:00 UTC	Full score refresh
Deep analysis	Weekly (Sunday)	Historical pattern review

note

Inactive wallets experience gradual score decay of approximately 2 points per week. A wallet must remain active to maintain its score.

Minimum Requirements #

Wallets require sufficient history before receiving a score:

Requirement	Threshold
Minimum trades	10
Minimum age	30 days
Minimum volume	$10,000 cumulative

New wallets meeting activity thresholds but lacking history enter a provisional scoring period with wider confidence intervals.

Known Limitations #

Our scoring system has inherent constraints:

OTC blind spots — Cannot detect private over-the-counter deals
Latency in volatility — May lag during extreme market dislocations
Cold start problem — New wallets need history to score accurately
Sybil detection — Coordinated wallet clusters may inflate individual scores

We continuously refine detection methods for these edge cases, but they represent fundamental limits of on-chain analysis.