Index/Numerai Meta Model

Numerai Meta Model

The Crowdsourced Hedge Fund Brain

ActiveInfrastructure Entity

58/90

Curator Notes

Numerai's Meta Model is an unusual entity: a hedge fund whose trading signals come from an ensemble of thousands of data scientists' models, coordinated via the NMR token and staking mechanism. The 'agent' here is the aggregated intelligence of the crowd, filtered through stake-weighted consensus. Operating since 2015, it manages real capital and has pioneered novel approaches to crowdsourced intelligence. Lower narrative score reflects that it's more infrastructure than character—but its persistence and economic reality are unquestionable. A canonical example of decentralized intelligence that predates the current 'agent' discourse.

Score Profile

Dimension Scores

PER

AUT

IMP

ECO

GOV

TEC

NAR

ECI

IDS

Score Rationale

Persistence — Operating continuously since December 2015. 10+ years of proven operation. Institutional-grade persistence.

Autonomy — The meta model operates autonomously once signals are submitted. Human models feed it, but aggregation and execution are autonomous.

Cultural Impact — Influential in ML/quant communities but less mainstream recognition. Respected but niche.

Economic Reality — Manages real hedge fund capital ($100M+); NMR token with significant market cap; pays out to stakers.

Governance — Hybrid: Numerai Inc controls platform, but signal weights determined by stake (pseudo-decentralized).

Technical Architecture — Pioneered erasure encoding for data privacy, stake-weighted ensembling, novel tournament structure.

Narrative Coherence — More infrastructure than character. No distinct personality, but clear purpose: crowdsourced alpha generation.

Economic Infrastructure — NMR token with staking mechanism. Hedge fund manages $100M+ AUM. Data scientists stake NMR on predictions and earn/lose real value. Active marketplace for signals with real economic consequences. On-chain staking on Ethereum. However, core hedge fund operations are traditional/off-chain. Hybrid model — on-chain staking layer on top of traditional finance infrastructure.

Identity Sovereignty — NMR token on Ethereum provides on-chain anchoring. Staking contract addresses serve as identity artifacts. No agent-specific identity standard. Identity primarily institutional (Numerai Inc.) with on-chain token layer. The Meta Model itself has no portable agent identity — it's infrastructure, not an entity.

Durability Passport

Six operational facts from public record. Not a score, never summed, and separate from the character score above. Last checked 2026-11-06. How the passport works →

Memory custodyAttested

Who holds the agent's memory, and can it be exported or moved?

The tournament dataset is held and distributed by Numerai through its data API, and uploaded models are run by Numerai to generate daily predictions. The Meta Model is assembled and used by Numerai for trading. Participants can download the dataset, but no public export path for the Meta Model or its weights is documented.

The dataset is accessed through Numerai's data API; Classic v6.0 became available to download on October 16, 2026, and v5.x training and validation downloads were retired.docs.numer.ai &nearr;
Once a model is uploaded, Numerai handles generating and submitting predictions every day, and submissions are combined into a Meta Model that Numerai uses to trade.docs.numer.ai &nearr;
Only staked predictions are combined into the Meta Model ensemble used by the hedge fund.docs.numer.ai &nearr;

Identity anchorAttested

Does the identity survive any single platform?

Numerai's identity sits on its own domain and public documentation, with an NMR token contract and staking contracts on Ethereum mainnet published in its docs. The Meta Model itself has no separate identity apart from Numerai.

Numerai publishes its own tournament documentation describing the Meta Model as the stake-weighted ensemble the hedge fund uses to trade.docs.numer.ai &nearr;
The docs list the NMR token contract, staking proxy and allocation strategy factory addresses on Ethereum mainnet.docs.numer.ai &nearr;

PersistenceAttested

Does it run without heroics?

Rounds open each day Tuesday through Saturday on a documented cadence. The staking contract shows a round-timing transaction on November 5, 2026, and a new dataset version opened for submissions with the November 6 round.

A new round starts each day Tuesday through Saturday.docs.numer.ai &nearr;
The staking proxy's latest transaction, a Set Round Times call, is dated November 5, 2026.etherscan.io &nearr;
V6 submissions and model uploads open with the round opening November 6.docs.numer.ai &nearr;

Economic railsAttested

Can it transact?

Participants stake NMR on Ethereum mainnet through Privy-backed non-custodial wallets and allocation strategy contracts, starting with round 1343 on August 28, 2026. Rewards are paid from a Numerai hot wallet into the staking contract, and negative scores burn part of the stake.

Staking runs on Ethereum mainnet from round 1343 (August 28, 2026) via a non-custodial wallet backed by Privy; payouts come from Numerai's hot wallet and burned NMR is destroyed.docs.numer.ai &nearr;
The staking proxy is a verified contract holding NMR with 599 transactions.etherscan.io &nearr;

GovernanceAttested

Can its operator be checked?

Numerai operates the tournament, invokes the staking contract each round, and builds the Meta Model; stakers own their allocation strategy contracts and withdrawals go to the owning wallet. The staking proxy is a transparent upgradeable proxy, and no public decision process or limit on Numerai's upgrade or pause authority is documented.

Numerai invokes the contract each round to automate staking, and stakers own their allocation strategy contracts.docs.numer.ai &nearr;
Numerai can operate an allocation strategy on the staker's behalf, and NMR withdrawn from a strategy must go to the owning wallet.github.com &nearr;
The staking contract is a TransparentUpgradeableProxy (EIP-1967).etherscan.io &nearr;

RecoveryIE

What happens when it dies mid-act?

IE. Settled by a public incident report or documented procedure for restoring the Meta Model, data pipeline or payouts after an outage.

Evidence Archive

PEROperating since December 2015, over 10 years continuous operationnumer.ai &nearr;

ECOManages hedge fund with $100M+ AUM, NMR token stakingnumer.ai &nearr;

TECPioneered erasure encoding for data privacy in ML competitionsmedium.com &nearr;

GOVStake-weighted signal aggregation creates pseudo-decentralized governancedocs.numer.ai &nearr;

IMPFeatured in academic papers and ML conference presentationsarxiv.org &nearr;

AUTMeta model aggregates and executes trades autonomously based on staked signalsnumer.ai &nearr;

Score History

Inception: 2015-12-01
Classification: Ensemble ML System / Prediction Market
Website: numer.ai
Last Reviewed: March 2026

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