DocumentThe Roadmap · IssueI · v 0.1 · StatusIntent · not promise · Privatum · Et · Confidentiale
The Roadmap · Built in sequence · Expanded with discipline

The Roadmap.

Pascal begins with one market. It was never designed to end there.

scroll · the sequence unfolds ↓

Pascal launches focused. Then expands deliberately.

The roadmap below is intent, not promise. Each venue earns inclusion by proving the architecture transfers — that Pascal's selector, governance, and treasury continue to behave correctly under the new market's structure. No market is added by ambition alone.

Dates appear only where Pascal is committed. Everything beyond Stage 01 is sequenced direction, not scheduled delivery. Readiness is a question the architecture answers, not a question marketing pre-empts.

§ The Sequence

Four stages. One at a time.

  1. 01 July 2026 · launch · Stage one

    BTC/USD Perpetuals.

    The launch market.

    The proving ground. High liquidity. Continuous price discovery. Clear regime structure.

    Pascal opens with Bitcoin perpetuals because liquidity, volatility, and regime clarity make it the cleanest proving ground for the full architecture. Paper mode transitions to monitored live deployment as governance ratifies each step.

    • BTC/USD perpetuals across supported exchanges
    • Paper mode monitored live deployment
    • Full governance supervision · T7 supervisors · T8 Board
    • Active strategy ecology · regime-conditional
    • Execution + interpretation + record

    Pascal begins with Bitcoin because liquidity, volatility, and regime clarity make it the cleanest proving ground. One market, fully understood, before the architecture is asked to transfer.

  2. 02 Planned · Stage two

    Crypto Majors.

    ETH · SOL.

    Expansion into additional high-liquidity digital assets with clear market structure. The selector and governance layers carry over; only the strategy ecology adapts to each new instrument's regime signature.

    • ETH/USD · Ethereum perpetuals
    • SOL/USD · Solana perpetuals
    • Possible additions: XRP · AVAX
    • Focus: high-liquidity digital assets with clear market structure
  3. 03 Planned · Stage three

    Commodities.

    Gold · Silver.

    Expansion into hard-asset markets — macro-sensitive instruments with strong trend and reversal characteristics. The first test of whether the architecture transfers from purely digital to traditional venues.

    • Gold · the oldest market
    • Silver · its more volatile cousin
    • Focus: macro-sensitive assets with strong trend and reversal characteristics
  4. 04 Planned · Stage four

    Select Equities.

    Highly liquid, high-narrative public companies.

    Only companies with substantial volatility and narrative-driven price discovery. Pascal does not seek breadth in equities — it seeks depth in the instruments where regime intelligence matters most.

    • Tesla
    • Nvidia
    • Coinbase
    • MicroStrategy · the listed BTC proxy
    • Focus: strong volatility · narrative-driven price discovery

Pascal expands only where the architecture proves transferable. No market is added by ambition alone. Each venue must earn inclusion.

— subject to proof · performance · readiness —