{"ok":true,"hypotheses":[{"id":"h_arb_overnight","title":"Overnight rToken vs native spread arbitrage, net of costs","status":"REJECTED","regime":"overnight/regular","evidence":"Weekday spreads ~8bp vs 2×5bp fees + taker routing; redeem gated (KYC/min/1–3d). HFT-only. Do not pitch as retail alpha.","date":"2026-09-14","source":"seed"},{"id":"h_weekend_drift_signal","title":"Weekend 24/7 prints as Monday-gap sentiment proxy (not fills)","status":"CONFIRMED_BULL_ONLY","regime":"weekend","evidence":"Indicative prints + ±20% bands + auto-cancel + frozen oracles: usable as gap-direction context with spread filter; not a fill basis.","date":"2026-09-14","source":"seed"},{"id":"h_single_name_add_concentrated","title":"Adding to an already->50% name improves risk-adjusted book","status":"REJECTED","regime":"all","evidence":"HHI/beta math: marginal beta and left-tail dominate. Prefer trim or FCN-at-discount alternative.","date":"2026-09-14","source":"seed"}]}