Polkadot Backtesting Result: Athena V2

Team Sypto
Sypto
2 min readApr 14, 2023

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Ever since we upgraded the strategy Athena on Polkadot and other top 5 coins in the market, I wanted to share a detailed back-testing result with you all so that you know what to expect in the future.

Here’s how the strategy performed on Polkadot between August 2020 & August 2022:

Polkadot (DOT) Highlights

  • 117% Net Profit
  • 78% Max Runup
  • 19 Trades
  • 39% HODL Return
  • 212% Largest Win

Polkadot being a relatively newer coin, we can take a look at its past 2 years’ history together in one go.

August 2020 — August 2022

Since its launch, around $2 DOT has seen 2 sets of bull & bear runs. While the First set saw prices soaring to $48 and then coming down to $10, the second set saw it reaching the $55 mark before coming down to $6 levels where it is mostly flat now.

At the end of 2 years, a $1000 initial capital would be $2175. Here are the trades:

Conclusion

For anyone looking to invest in Polkadot, Athena is one of the top strategies if they want to avoid high volatility and choose a smoother road to their crypto investments.

Athena is LONG ONLY & doesn’t use leverage. It Works on the SPOT Market thus has a relatively lower risk.

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Team Sypto
Sypto
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