/* vaulted blog + traders — the /data branding: blue page for the hubs, ink page
   for the long reads, dark cards everywhere, one pill button. the chrome stays
   lowercase (brand), the prose does not (1500 words in lowercase is a wall). */
:root{
  --blue:#516af6;--ink:#0b0b10;--ink-70:rgba(11,11,16,.72);
  --card:#0d1020;--card-2:#151a30;--line:#1f2440;
  --paper:#fff;--paper-85:rgba(255,255,255,.85);--paper-60:rgba(255,255,255,.6);--paper-35:rgba(255,255,255,.35);
  --green:#21c95e;--loss:#ff622e;--bar:#8fa1ff;--radius:22px;
  /* aliases kept for the article markup and the traders build */
  --surface:var(--card);--soft:var(--card-2);--mute:var(--paper-60);--acc:var(--bar);--acc2:var(--bar);--red:var(--bar);
  --profit:var(--green);--edge:var(--line);--prose:var(--paper-85);
  --f:"General Sans",-apple-system,BlinkMacSystemFont,"Helvetica Neue",Arial,sans-serif;
  /* page-level roles : blue page everywhere, long reads sit in a dark card */
  --page:var(--blue);--fg:var(--ink);--fg-2:var(--ink-70);--h-em:#fff;
  --nav-fg:var(--ink);--nav-link:var(--ink-70);--mark-bg:var(--ink);
  --btn-bg:var(--ink);--btn-fg:#fff;--foot-line:rgba(11,11,16,.2);
}
*{box-sizing:border-box;margin:0;padding:0}
[hidden]{display:none!important}
img,svg,table{max-width:100%}
html{scroll-behavior:smooth;-webkit-text-size-adjust:100%}
body{background:var(--page);color:var(--paper);font-family:var(--f);font-size:16px;line-height:1.5;
 -webkit-font-smoothing:antialiased;overflow-x:hidden;position:relative}
a{color:inherit;text-decoration:none}
.wrap{max-width:1280px;margin:0 auto;padding:0 32px}
.lc{text-transform:lowercase}
.data,.data *{text-transform:none}
.num{font-variant-numeric:tabular-nums}

/* watermark, hubs only */
.wm{position:fixed;right:-8vw;top:-8vw;width:50vw;max-width:760px;opacity:.13;pointer-events:none;z-index:0}
.wm svg{width:100%;height:auto;display:block;animation:breathe 14s ease-in-out infinite;transform-origin:50% 50%}
@keyframes breathe{0%,100%{transform:rotate(-2deg) scale(1)}50%{transform:rotate(3deg) scale(1.06)}}

/* ---------- chrome, same as the home ---------- */
.btn{display:inline-flex;align-items:center;justify-content:center;gap:8px;text-transform:lowercase;
 background:var(--btn-bg);color:var(--btn-fg);border-radius:999px;padding:12px 22px;font-size:15px;font-weight:600;border:0;
 cursor:pointer;font-family:var(--f);white-space:nowrap;position:relative;overflow:hidden;
 transition:transform .15s,background .15s;-webkit-tap-highlight-color:transparent}
.btn::after{content:"";position:absolute;top:0;left:-70%;width:45%;height:100%;
 background:linear-gradient(100deg,transparent,rgba(255,255,255,.22),transparent);transform:skewX(-20deg);transition:left .5s ease}
.btn:hover{transform:translateY(-2px)}
.btn:hover::after{left:130%}
.btn.ghost{background:transparent;color:var(--fg);border:1.5px solid currentColor;opacity:.85}
.btn.ghost:hover{opacity:1}
.btn.light{background:#fff;color:var(--ink)}

nav.top{position:relative;z-index:1;text-transform:lowercase}
nav.top .wrap{display:flex;align-items:center;justify-content:space-between;gap:18px;padding-top:22px;padding-bottom:0}
.brand{display:flex;align-items:center;gap:10px;flex:none;color:var(--nav-fg)}
.mark{width:40px;height:40px;border-radius:11px;background:var(--mark-bg);display:grid;place-items:center;flex:none;
 transition:transform .35s cubic-bezier(.2,.7,.2,1)}
.mark svg{width:27px;height:18px;display:block}
.brand:hover .mark{transform:rotate(-8deg) scale(1.06)}
.brand b{font-size:24px;font-weight:700;letter-spacing:-.03em}
nav.top .links{display:flex;gap:20px;margin-left:auto;font-size:14.5px;font-weight:500;color:var(--nav-link)}
nav.top .links a{position:relative;padding-bottom:2px;transition:color .2s}
nav.top .links a::after{content:"";position:absolute;left:0;right:0;bottom:-2px;height:1.5px;background:currentColor;
 transform:scaleX(0);transform-origin:right;transition:transform .3s cubic-bezier(.2,.7,.2,1)}
nav.top .links a:hover,nav.top .links a.on{color:var(--nav-fg)}
nav.top .links a:hover::after,nav.top .links a.on::after{transform:scaleX(1);transform-origin:left}
@media(max-width:1000px){nav.top .links{display:none}}
@media(max-width:760px){nav.top .btn span:first-child{display:none}}

footer{position:relative;z-index:1;margin-top:112px;text-transform:lowercase}
footer .wrap{display:flex;justify-content:space-between;gap:16px;flex-wrap:wrap;font-size:12px;color:var(--ink-70);
 padding-top:16px;padding-bottom:24px;border-top:1px solid var(--foot-line)}
footer b{color:var(--fg);font-weight:600}
footer .fl{display:flex;gap:14px;flex-wrap:wrap}
footer a{border-bottom:1px solid currentColor;transition:color .2s}
footer a:hover{color:var(--fg)}
footer .disc{width:100%;font-size:12px;line-height:1.65;opacity:.85}
@media(max-width:760px){footer{margin-top:64px}footer .wrap{flex-direction:column;gap:8px}}

/* ---------- hub head ---------- */
.hubhead{position:relative;z-index:1;padding:88px 0 0}
.eyebrow{font-size:13px;font-weight:600;color:var(--ink-70);text-transform:lowercase}
h1{font-size:clamp(38px,4.8vw,62px);font-weight:700;letter-spacing:-.045em;line-height:.96;color:var(--fg);
 margin:14px 0 18px;overflow-wrap:break-word;text-transform:lowercase}
h1 em{font-style:normal;color:var(--h-em)}
.lede{font-size:clamp(15px,1.3vw,18px);line-height:1.4;font-weight:500;color:var(--ink);max-width:560px}
main{position:relative;z-index:1}

/* the cards */
.card,.pcard,.stat,.toc,.note,.cta,.relg a,.scroll{background:var(--card);border-radius:var(--radius);
 box-shadow:0 18px 50px -24px rgba(0,0,0,.6);min-width:0}
/* nested inside the reading card : one step lighter */
.col .stat,.col .note,.col .scroll,.col .relg a,.col .cta,.col .toc{background:var(--card-2);box-shadow:none}

/* blog hub */
.plist{display:grid;gap:20px;padding:56px 0 10px}
.pcard{display:grid;grid-template-columns:1fr auto;gap:10px 28px;align-items:start;padding:30px 34px;
 transition:transform .35s cubic-bezier(.2,.7,.2,1),box-shadow .35s}
.pcard:hover{transform:translateY(-6px);box-shadow:0 30px 60px -24px rgba(0,0,0,.75),0 0 0 1px rgba(143,161,255,.18)}
.pcard.feat{background:var(--card-2)}
.pcard h2{font-size:clamp(20px,2.4vw,26px);font-weight:700;letter-spacing:-.035em;line-height:1.1;margin:10px 0 10px;
 text-transform:lowercase;color:#fff}
.pcard h2 em{font-style:normal;color:var(--bar)}
.pcard p{color:var(--paper-60);font-size:14.5px;line-height:1.5;max-width:64ch}
.pmeta{display:flex;gap:10px;align-items:center;font-size:13px;color:var(--paper-60);font-weight:500;text-transform:lowercase;flex-wrap:wrap}
.pmeta .tag{color:#fff;font-weight:600}
.pcard .go{grid-column:2;grid-row:1/span 3;align-self:center;color:var(--paper-35);font-size:22px;transition:.25s}
.pcard:hover .go{color:#fff;transform:translateX(4px)}
@media(max-width:620px){.pcard{grid-template-columns:1fr;padding:22px 20px}.pcard .go{display:none}}

/* ---------- article / profile ---------- */
.crumb{position:relative;z-index:1;padding:32px 0 0;font-size:12.5px;color:var(--ink-70);text-transform:lowercase}
.crumb a:hover{color:var(--ink)}
.crumb span{opacity:.5;margin:0 7px}
.post{position:relative;z-index:1;padding:22px 0 0}
.postgrid{max-width:730px}
.post h1{margin:14px 0 20px;font-size:clamp(34px,4.6vw,58px)}
.post .byline{display:flex;gap:9px;align-items:center;flex-wrap:wrap;font-size:13px;color:var(--ink-70);
 padding-bottom:26px;text-transform:lowercase}
.post .byline b{color:var(--ink);font-weight:600}
.post .byline .sep{opacity:.4}

.toc{padding:22px 26px;margin:30px 0 6px}
.toc b{display:block;font-size:14px;color:var(--paper-60);font-weight:600;margin-bottom:12px;text-transform:lowercase}
.toc ol{list-style:none;counter-reset:t;display:grid;gap:9px}
.toc li{counter-increment:t;font-size:15px;color:var(--paper-60);padding-left:28px;position:relative;line-height:1.45}
.toc li:before{content:counter(t,decimal-leading-zero);position:absolute;left:0;top:1px;font-size:11.5px;font-weight:600;color:var(--paper-35);font-variant-numeric:tabular-nums}
.toc a{transition:color .2s}.toc a:hover{color:#fff}

@media(min-width:1080px){
  .postgrid{max-width:none;display:grid;align-items:start;grid-template-columns:minmax(0,730px) minmax(190px,270px);gap:0 60px}
  .phead{grid-column:1;grid-row:1}
  .post .col{grid-column:1;grid-row:2;min-width:0}
  .toc{grid-column:2;grid-row:1/span 2;position:sticky;top:24px;align-self:start;margin:6px 0 0;padding:22px 26px;
   background:var(--card);max-height:calc(100vh - 48px);overflow-y:auto}
  .toc li{font-size:14px}
}

.post .col{background:var(--card);border-radius:var(--radius);padding:34px 38px 40px;box-shadow:0 18px 50px -24px rgba(0,0,0,.6);margin-top:8px}
.body{color:var(--prose);font-size:clamp(16.5px,1.15vw + 14px,17.5px);line-height:1.72;padding-top:0}
.body>:first-child{margin-top:0}
.body h2:first-child{margin-top:0}
.body>*{margin-top:22px}
.body h2{color:#fff;font-size:clamp(24px,4.4vw,32px);font-weight:700;letter-spacing:-.04em;line-height:1.1;margin-top:56px;
 scroll-margin-top:40px;text-transform:lowercase;overflow-wrap:break-word}
.body h2 em{font-style:normal;color:var(--bar)}
.body h3{color:#fff;font-size:clamp(18px,3vw,21px);font-weight:600;letter-spacing:-.02em;margin-top:36px;scroll-margin-top:40px;text-transform:lowercase}
.body a{color:#fff;border-bottom:1px solid rgba(143,161,255,.6);transition:.18s}
.body a:hover{border-bottom-color:#fff}
.body strong{color:#fff;font-weight:600}
.body ul,.body ol{padding-left:22px;display:grid;gap:11px}
.body li{padding-left:4px}
.body li::marker{color:var(--paper-35)}
.body blockquote{border-left:2px solid var(--bar);padding:2px 0 2px 20px;color:#fff;font-size:1.04em;line-height:1.6}
.body hr{border:0;border-top:1px solid var(--line);margin:46px 0}
.body code{font-family:ui-monospace,SFMono-Regular,Menlo,monospace;font-size:.87em;background:var(--card-2);
 border-radius:6px;padding:2px 6px;text-transform:none;overflow-wrap:break-word;color:#fff}
.body figcaption{color:var(--paper-60);font-size:13.5px;margin-top:10px;line-height:1.55}

/* pull-out numbers, same tiles as /data */
.stats{display:grid;grid-template-columns:repeat(3,1fr);gap:14px;margin-top:30px}
.stat{padding:22px 24px;border-radius:18px;transition:transform .35s cubic-bezier(.2,.7,.2,1)}
.stat:hover{transform:translateY(-4px)}
.stat b{display:block;font-size:clamp(22px,2.2vw,32px);font-weight:700;letter-spacing:-.045em;font-variant-numeric:tabular-nums;line-height:1;color:#fff}
.stat b.up{color:var(--green)}.stat b.dn{color:var(--loss)}
.stat span{display:block;font-size:12.5px;color:var(--paper-60);margin-top:10px;line-height:1.45}
@media(max-width:640px){.stats{grid-template-columns:1fr}}

.note{border-radius:18px;padding:20px 24px;font-size:15.5px;line-height:1.65;color:var(--prose);border-left:3px solid var(--bar)}
.note b{color:#fff}
.note.warn{border-left-color:var(--loss)}

.scroll{overflow-x:auto;-webkit-overflow-scrolling:touch;padding:6px 10px}
table.t{width:100%;border-collapse:collapse;font-size:14.5px;min-width:460px}
table.t th{text-align:left;font-size:11.5px;letter-spacing:.04em;color:var(--paper-35);font-weight:600;
 padding:14px 16px;border-bottom:1px solid var(--line);white-space:nowrap;text-transform:lowercase}
table.t td{padding:14px 16px;border-bottom:1px solid var(--line);color:var(--prose);vertical-align:top}
table.t tr:last-child td{border-bottom:0}
table.t tbody tr,table.t tr{transition:background .2s}
table.t tr:hover td{background:rgba(143,161,255,.05)}
table.t .num{font-variant-numeric:tabular-nums;white-space:nowrap;font-weight:600;color:#fff}

/* faq */
.faq{margin-top:16px}
.faq details{border-bottom:1px solid var(--line)}
.faq summary{cursor:pointer;list-style:none;font-size:17px;font-weight:600;letter-spacing:-.015em;display:flex;align-items:flex-start;gap:14px;
 color:#fff;padding:18px 0;min-height:62px;-webkit-tap-highlight-color:transparent}
.faq summary::-webkit-details-marker{display:none}
.faq summary:after{content:"+";margin-left:auto;color:var(--paper-35);font-size:22px;line-height:1;flex:none}
.faq details[open] summary{padding-bottom:4px;min-height:0}
.faq details[open] summary:after{content:"–"}
.faq p{color:var(--paper-60);font-size:15.5px;margin-top:8px;padding-bottom:20px;line-height:1.62}

/* cta card */
.cta{padding:40px 34px;text-align:center;margin-top:52px}
.cta h3{font-size:clamp(24px,3vw,34px);font-weight:700;letter-spacing:-.04em;line-height:1.05;text-transform:lowercase;margin-bottom:12px;color:#fff}
.cta h3 em{font-style:normal;color:var(--bar)}
.cta p{color:var(--paper-60);font-size:15px;max-width:440px;margin:0 auto 22px;line-height:1.55}
.cta .btn{background:#fff;color:var(--ink)}
@media(max-width:620px){.cta{padding:32px 20px}.cta .btn{width:100%}}

.rel{margin-top:56px;border-top:1px solid var(--line);padding-top:34px}
.rel b{font-size:14px;color:var(--paper-60);font-weight:600;text-transform:lowercase}
.relg{display:grid;grid-template-columns:1fr 1fr;gap:14px;margin-top:18px}
.relg a{padding:22px 24px;display:block;border-radius:18px;transition:transform .35s cubic-bezier(.2,.7,.2,1),box-shadow .35s}
.relg a:hover{transform:translateY(-4px);box-shadow:0 30px 60px -24px rgba(0,0,0,.75),0 0 0 1px rgba(143,161,255,.18)}
.relg .rt{font-size:16px;font-weight:600;letter-spacing:-.02em;line-height:1.3;text-transform:lowercase;color:#fff}
.relg .rd{color:var(--paper-60);font-size:13.5px;margin-top:7px;line-height:1.5}
@media(max-width:640px){.relg{grid-template-columns:1fr}}

/* scroll reveal */
.reveal{opacity:0;transform:translateY(24px);transition:opacity .7s cubic-bezier(.2,.7,.2,1),transform .7s cubic-bezier(.2,.7,.2,1)}
.reveal.in{opacity:1;transform:none}

@media(max-width:620px){
  .wrap{padding:0 22px}
  .hubhead{padding:48px 0 0}
  .plist{padding:34px 0 4px;gap:14px}
  .post{padding:16px 0 0}
  .post .col{padding:22px 20px 26px;border-radius:18px}
  .body>*{margin-top:20px}
  .body h2{margin-top:42px}
  .toc{padding:18px 18px}
  .note{padding:18px}
}
@media(prefers-reduced-motion:reduce){*{transition:none!important;animation:none!important}
 html{scroll-behavior:auto}.reveal{opacity:1;transform:none}}

/* === vaulted theme === */
:root{--blue:#0b0e08;--ink:#f2f4ec;--ink-70:rgba(242,244,236,.72);--card:#10140b;--card-2:#171d10;--line:#242d17;--bar:#cdf03f;
--page:var(--blue);--fg:var(--ink);--fg-2:var(--ink-70);--h-em:var(--bar);--nav-fg:var(--ink);--nav-link:var(--ink-70);--mark-bg:var(--card-2);
--btn-bg:var(--bar);--btn-fg:#0b0e08;--foot-line:rgba(238,243,220,.18);--acc:var(--bar);--acc2:var(--bar);--red:var(--bar)}
html{background:#0b0e08}
body{background:transparent}
.bg{position:absolute;left:0;right:0;top:0;height:92vh;z-index:-1;pointer-events:none;background:#0b0e08 url(../img/bg.jpg) right center/cover no-repeat}
.bg::after{content:"";position:absolute;inset:0;background:linear-gradient(90deg,rgba(11,14,8,.9) 0%,rgba(11,14,8,.5) 45%,rgba(11,14,8,.12) 100%),linear-gradient(180deg,rgba(11,14,8,.15) 0%,rgba(11,14,8,0) 35%,#0b0e08 100%)}
.chip,.mark{background:var(--card-2);box-shadow:inset 0 0 0 1px var(--line)}
.chip img,.mark img{width:26px;height:26px;display:block}
.btn.light,.cta .btn,.box .btn,.dgo{background:#fff;color:#0b0e08}
h1 em,.thead h1 em{color:var(--bar)}

.card,.pcard,.cta,.relg>a,.box,.scroll,.stat,.note,.map,.set,.toc{box-shadow:inset 0 0 0 1px var(--line)}
.body a{border-bottom-color:rgba(201,242,74,.55)}
.pcard:hover,.relg>a:hover{box-shadow:inset 0 0 0 1px rgba(201,242,74,.35)}
.tag.leader,.tag.acct{color:#0b0e08}