Open-Finance-Lab · FlyM1ss · Sep 25, 2026 · Sep 24, 2026
diff --git a/dashboard/backend/tests/test_admin_analytics_frontend.py b/dashboard/backend/tests/test_admin_analytics_frontend.py
@@ -161,8 +161,8 @@ def test_profile_menu_admin_entry_opens_the_admin_page():
 def test_app_lifecycle_and_cache_versions_are_wired():
     # Lockstep owner for the console's bumped tags and the /admin page's pins:
     # every bump edits this test in the same change (Global Constraints).
-    assert 'styles.css?v=146' in APP_HTML
-    assert 'app.js?v=141' in APP_HTML
+    assert 'styles.css?v=147' in APP_HTML
+    assert 'app.js?v=142' in APP_HTML
     assert 'js/admin-tabs.js?v=12' in APP_HTML
     for tag in (
         'href="admin.css?v=4"',

diff --git a/dashboard/backend/tests/test_analytics_frontend.py b/dashboard/backend/tests/test_analytics_frontend.py
@@ -41,12 +41,12 @@ def _function_body(source: str, signature: str) -> str:
 
 
 def test_analytics_script_loads_between_app_and_page_scripts():
-    app_at = APP_HTML.index('<script src="app.js?v=141" defer></script>')
+    app_at = APP_HTML.index('<script src="app.js?v=142" defer></script>')
     analytics_at = APP_HTML.index(
         '<script src="js/analytics.js?v=1" defer></script>'
     )
     editor_at = APP_HTML.index(
-        '<script src="js/agent-editor.js?v=31" defer></script>'
+        '<script src="js/agent-editor.js?v=32" defer></script>'
     )
     assert app_at < analytics_at < editor_at
 

diff --git a/dashboard/backend/tests/test_app_copy_register.py b/dashboard/backend/tests/test_app_copy_register.py
@@ -97,9 +97,12 @@ def test_competition_organizer_line_is_present():
 
 
 def test_capital_note_new_text_is_present():
+    # Paper trading is switched off (PAPER_TRADING_ENABLED in app.js), so the
+    # Configure field is greyed and its note says so instead of describing a
+    # reservation nobody can make.
     assert (
-        "Reserved from your My Portfolio balance while this agent paper-trades. "
-        "Backtests use a separate simulated amount and never touch it."
+        "Paper trading is not available yet. "
+        "Backtests use the simulated amount beside it."
     ) in _HTML
 
 

diff --git a/dashboard/backend/tests/test_backtest_comparison_frontend.py b/dashboard/backend/tests/test_backtest_comparison_frontend.py
@@ -191,8 +191,8 @@ def test_exact_raw_ties_mark_every_tied_series_best():
 
 def test_comparison_script_and_semantic_table_ship_before_app():
     helper = '<script src="js/backtest-comparison.js?v=1" defer></script>'
-    app = '<script src="app.js?v=141" defer></script>'
-    assert 'href="styles.css?v=146"' in APP_HTML
+    app = '<script src="app.js?v=142" defer></script>'
+    assert 'href="styles.css?v=147"' in APP_HTML
     assert APP_HTML.index(helper) < APP_HTML.index(app)
     for element_id in (
         "performanceLegend",

diff --git a/dashboard/backend/tests/test_frontend_fast_boot.py b/dashboard/backend/tests/test_frontend_fast_boot.py
@@ -191,9 +191,9 @@ def test_cache_busters_bumped():
     # the next bump, so the exact one looks like the broken guard and gets
     # "fixed" by loosening it. That collision has already cost this repo one
     # round of follow-ups (#347/#348).
-    assert "app.js?v=141" in APP_HTML
-    assert "js/agent-editor.js?v=31" in APP_HTML
-    assert "styles.css?v=146" in APP_HTML
+    assert "app.js?v=142" in APP_HTML
+    assert "js/agent-editor.js?v=32" in APP_HTML
+    assert "styles.css?v=147" in APP_HTML
     assert "js/leaderboard.js?v=33" in APP_HTML
     assert "home-page.js?v=50" in APP_HTML
     assert "js/credit-format.js?v=1" in APP_HTML

diff --git a/dashboard/backend/tests/test_my_agents_card_ui.py b/dashboard/backend/tests/test_my_agents_card_ui.py
@@ -1,11 +1,12 @@
-"""My Agents card: both capitals, and a signposted paper-trading affordance.
+"""My Agents card: the capital figures, and paper trading switched off.
 
 The card showed only the paper sleeve directly above a **Run Backtest** button,
 which implied the figure was what the backtest would use -- it wasn't. Both
-figures are now labelled side by side.
+figures are now labelled side by side whenever paper trading is enabled.
 
-Run Paper Trading ships disabled: execution/paper_backend.py is still a stub
-(Phase B), and a greyed button with no explanation reads as a bug.
+Paper trading is switched off product-wide (`PAPER_TRADING_ENABLED = false`
+in app.js; execution/paper_backend.py is still a stub), so the shipped card
+shows the backtest figure alone and offers no paper-trading button at all.
 """
 
 import shutil
@@ -49,9 +50,14 @@ def _run_node(script: str) -> str:
     return result.stdout
 
 
-def _harness(body: str) -> str:
-    """Real functions lifted from app.js, with their few dependencies stubbed."""
+def _harness(body: str, paper_enabled: bool = True) -> str:
+    """Real functions lifted from app.js, with their few dependencies stubbed.
+
+    ``paper_enabled`` defaults to True so the capital-resolution tests below
+    keep seeing both figures; the shipped value is pinned separately.
+    """
     return f"""
+const PAPER_TRADING_ENABLED = {"true" if paper_enabled else "false"};
 const MAX_BACKTEST_ALLOCATED_CAPITAL = 3000;
 const DEFAULT_AGENT_CASH_ALLOCATION = 1000;
 function escapeHtml(s) {{ return String(s); }}
@@ -62,6 +68,27 @@ def _harness(body: str) -> str:
 """
 
 
+def test_paper_trading_ships_switched_off():
+    """The product decision itself: paper trading is disabled until it ships."""
+    assert "const PAPER_TRADING_ENABLED = false;" in _APP_JS
+
+
+def test_card_hides_the_paper_sleeve_when_paper_trading_is_off():
+    out = _run_node(
+        _harness(
+            "console.log(renderAgentAllocatedCapitalHero("
+            "{cash_allocation: 1000, backtest_allocation: 2500}));",
+            paper_enabled=False,
+        )
+    )
+    assert "Paper Trading" not in out
+    assert "From My Portfolio" not in out
+    assert "$1,000" not in out
+    assert "Backtesting" in out
+    assert "$2,500" in out
+    assert "agent-card-capitals--single" in out
+
+
 def test_card_shows_both_capitals():
     out = _run_node(
         _harness(
@@ -127,19 +154,25 @@ def test_a_saved_zero_backtest_capital_is_displayed_as_zero():
     assert "$1,000" not in out
 
 
-def test_run_paper_trading_button_is_disabled_and_explained():
+def test_cards_offer_no_paper_trading_button():
+    """Paper trading is switched off: no greyed "Run Paper Trading" button."""
     actions = _extract_function(_APP_JS, "renderAgentCardActions")
-    assert "Run Paper Trading" in actions
-    assert "disabled" in actions
-    assert "Paper trading is coming soon" in actions
+    assert ">Run Paper Trading<" not in actions
 
 
-def test_run_paper_trading_is_absent_from_live_paper_cards():
-    """Paper cards show Open Agent; a second paper button would be nonsense."""
-    actions = _extract_function(_APP_JS, "renderAgentCardActions")
-    head, _, tail = actions.partition("if (statusKey === 'paper')")
-    branch, _, rest = tail.partition("} else {")
-    assert "Run Paper Trading" not in branch
+def test_status_badge_never_says_paper_trading_while_it_is_off():
+    """A live/paper deployment flag (or the guest demo's is_live mock) must not
+    resurrect the PAPER TRADING card while the feature is disabled."""
+    fn = _extract_function(_APP_JS, "resolveAgentStatusBadge")
+    out = _run_node(
+        "const PAPER_TRADING_ENABLED = false;\n"
+        + fn
+        + "\nconsole.log(JSON.stringify(["
+        "resolveAgentStatusBadge({is_live: true}).key,"
+        "resolveAgentStatusBadge({deployment_status: 'paper', run_count: 1}).key,"
+        "]));"
+    )
+    assert out.strip() == '["draft","backtested"]'
 
 
 def test_run_backtest_lands_on_my_agents():

diff --git a/dashboard/frontend/app.html b/dashboard/frontend/app.html
@@ -13,7 +13,7 @@
          because every API call is a CORS request. -->
     <link rel="preconnect" href="https://agentictrading.onrender.com" crossorigin>
     <link href="https://fonts.googleapis.com/css2?family=Inter:wght@400;500;600;700;800&family=JetBrains+Mono:wght@400;500;700&display=swap" rel="stylesheet">
-    <link rel="stylesheet" href="styles.css?v=146">
+    <link rel="stylesheet" href="styles.css?v=147">
     <!-- defer: ~200KB that was render-blocking. Deferred scripts execute in
          document order (this one first, the body-end ones after), all before
          DOMContentLoaded, so Chart is defined before any chart renders. -->
@@ -31,7 +31,9 @@
             account: { page: 'account' },
             credits: { page: 'credits' },
             backtest: { page: 'playground', playgroundTab: 'backtest' },
-            paper: { page: 'playground', playgroundTab: 'paper' },
+            // Paper trading is switched off (PAPER_TRADING_ENABLED in app.js):
+            // old ?view=paper links land on My Agents instead of a dead panel.
+            paper: { page: 'playground', playgroundTab: 'agents' },
             agents: { page: 'playground', playgroundTab: 'agents' },
             marketplace: { page: 'community' },
             playground: { page: 'playground', playgroundTab: 'agents' },
@@ -61,6 +63,10 @@
             if (saved && saved.page === 'playground' && saved.playgroundTab === 'marketplace') {
                 return { page: 'community' };
             }
+            // Paper trading is switched off; see the 'paper' entry above.
+            if (saved && saved.page === 'playground' && saved.playgroundTab === 'paper') {
+                return Object.assign({}, saved, { playgroundTab: 'agents' });
+            }
             // The Daily Leaderboard became the Live Trading Leaderboard.
             // Anyone whose last visit was that tab has 'daily' in localStorage
             // (or 'season' from a build of this branch); left alone the key
@@ -275,7 +281,7 @@ <h1>Agentic Trading Lab</h1>
         <div class="auth-modal-panel" role="dialog" aria-labelledby="authModalTitle">
             <button id="authModalClose" class="auth-modal-close" type="button" aria-label="Close">×</button>
             <h2 id="authModalTitle" class="auth-modal-title">Sign in</h2>
-            <p id="authModalSubtitle" class="auth-modal-subtitle">Optional — backtest and paper trading work without an account.</p>
+            <p id="authModalSubtitle" class="auth-modal-subtitle">Optional — backtests work without an account.</p>
             <form id="authForm" class="auth-form">
                 <label class="auth-field">
                     <span>Email</span>
@@ -317,7 +323,7 @@ <h2 id="authModalTitle" class="auth-modal-title">Sign in</h2>
         <div class="auth-modal-panel run-backtest-modal-panel" role="dialog" aria-labelledby="runBacktestModalTitle">
             <button id="runBacktestModalClose" class="auth-modal-close" type="button" aria-label="Close">×</button>
             <h2 id="runBacktestModalTitle" class="auth-modal-title">Run Backtest</h2>
-            <p class="auth-modal-subtitle">Simulation settings for this agent. Does not change its Paper Trading Allocated Capital.</p>
+            <p class="auth-modal-subtitle">Simulation settings for this agent.</p>
 
             <div class="run-backtest-modal-body">
                 <div class="control-group">
@@ -424,7 +430,7 @@ <h2 id="runBacktestModalTitle" class="auth-modal-title">Run Backtest</h2>
                         <p id="runBacktestCapitalValue" class="run-backtest-readonly">—</p>
                         <button id="runBacktestEditCapitalBtn" class="run-backtest-edit-link" type="button">Edit in Configure</button>
                     </div>
-                    <p id="runBacktestCapitalHint" class="control-helper">Simulated starting cash. Does not change Paper Trading Allocated Capital.</p>
+                    <p id="runBacktestCapitalHint" class="control-helper">Simulated starting cash.</p>
                 </div>
 
                 <div class="control-group" id="runBacktestBillingGroup">
@@ -842,12 +848,14 @@ <h2 id="createExternalAgentModalTitle" class="auth-modal-title">Register Externa
                     <span>Model name (optional)</span>
                     <input id="externalAgentModel" type="text" maxlength="100" placeholder="gpt-4 / rule-based" autocomplete="off">
                 </label>
-                <label class="auth-field">
+                <!-- Paper trading is switched off (PAPER_TRADING_ENABLED in app.js):
+                     hidden and disabled, and the create posts cash_allocation 0. -->
+                <label class="auth-field" hidden>
                     <span>Paper Trading Allocated Capital (max $3,000)</span>
-                    <input id="externalAgentCashAllocation" type="number" min="0" max="3000" step="any" data-cash-step="100" value="1000" required aria-describedby="externalAgentCashHint">
+                    <input id="externalAgentCashAllocation" type="number" min="0" max="3000" step="any" data-cash-step="100" value="1000" required disabled aria-describedby="externalAgentCashHint">
                     <span class="capital-input-error" data-cash-error-slot role="alert" hidden></span>
                 </label>
-                <p id="externalAgentCashHint" class="credential-hint">Cash reserved from My Portfolio for this agent's paper trading. Backtests start from this amount by default but never spend it.</p>
+                <p id="externalAgentCashHint" class="credential-hint" hidden>Cash reserved from My Portfolio for this agent's paper trading. Backtests start from this amount by default but never spend it.</p>
                 <p id="createExternalAgentError" class="auth-error" hidden></p>
                 <button id="createExternalAgentSubmit" class="auth-submit-btn" type="submit">Create agent</button>
             </form>
@@ -876,12 +884,14 @@ <h2 id="createBuiltinAgentModalTitle" class="auth-modal-title">Create a Built-in
                     <span>Description (optional)</span>
                     <input id="builtinAgentDescription" type="text" maxlength="280" placeholder="What makes this agent different?" autocomplete="off">
                 </label>
-                <label class="auth-field">
+                <!-- Paper trading is switched off (PAPER_TRADING_ENABLED in app.js):
+                     hidden and disabled, and the create posts cash_allocation 0. -->
+                <label class="auth-field" hidden>
                     <span>Paper Trading Allocated Capital (max $3,000)</span>
-                    <input id="builtinAgentCashAllocation" type="number" min="0" max="3000" step="any" data-cash-step="100" value="1000" required aria-describedby="builtinAgentCashHint">
+                    <input id="builtinAgentCashAllocation" type="number" min="0" max="3000" step="any" data-cash-step="100" value="1000" required disabled aria-describedby="builtinAgentCashHint">
                     <span class="capital-input-error" data-cash-error-slot role="alert" hidden></span>
                 </label>
-                <p id="builtinAgentCashHint" class="credential-hint">Cash reserved from My Portfolio for this agent's paper trading. Backtests start from this amount by default but never spend it.</p>
+                <p id="builtinAgentCashHint" class="credential-hint" hidden>Cash reserved from My Portfolio for this agent's paper trading. Backtests start from this amount by default but never spend it.</p>
                 <p id="createBuiltinAgentError" class="auth-error" hidden></p>
                 <button id="createBuiltinAgentSubmit" class="auth-submit-btn" type="submit">Create built-in agent</button>
             </form>
@@ -932,19 +942,21 @@ <h2 id="agentCredentialsModalTitle" class="auth-modal-title">Agent created</h2>
         <div class="subtab-bar playground-subtabs">
             <button class="subtab-btn active" data-playground-tab="agents">My Agents</button>
             <button class="subtab-btn" data-playground-tab="backtest">Backtest</button>
-            <button class="subtab-btn" data-playground-tab="paper">Paper Trading</button>
+            <button class="subtab-btn subtab-btn--disabled" data-playground-tab="paper" disabled aria-disabled="true" title="Paper trading is coming soon">Paper Trading</button>
         </div>
         <div id="playgroundAgentsPanel" class="playground-panel">
-            <!-- My Portfolio: Overview + Capital Allocation (live ledger when signed in, sample data for guests) -->
-            <div class="page-header">
+            <!-- My Portfolio: Overview + Capital Allocation (live ledger when signed in, sample data for guests).
+                 Hidden while paper trading is switched off (PAPER_TRADING_ENABLED in app.js): the
+                 ledger only funds paper sleeves. portfolio.js still renders into it unchanged. -->
+            <div class="page-header" data-paper-trading-only hidden>
                 <div>
                     <h2 class="page-title">My Portfolio
                         <span id="portfolioSampleBadge" title="Illustrative sample data — not a real brokerage account." style="display:inline-block; vertical-align:middle; margin-left:8px; padding:2px 9px; border-radius:999px; font-size:11px; font-weight:700; letter-spacing:.04em; background:rgba(245,158,11,.15); color:#f59e0b; border:1px solid rgba(245,158,11,.4);">SAMPLE DATA</span>
                     </h2>
                 </div>
             </div>
 
-            <div class="portfolio-top-grid">
+            <div class="portfolio-top-grid" data-paper-trading-only hidden>
                 <section class="section-card pf-overview-card" id="portfolioOverviewCard" aria-label="Portfolio Overview">
                     <!-- filled by portfolio.js -->
                 </section>
@@ -1157,11 +1169,14 @@ <h3 class="agent-editor-intro-title">Robinhood live trading</h3>
                     <div class="agent-capital-card section-card compact">
                         <h3 class="agent-capital-title">Allocated Capital</h3>
                         <div class="agent-capital-grid">
-                            <label class="agent-capital-field" for="agentEditorCashAllocation">
-                                <span class="agent-capital-label">Paper Trading <span class="agent-capital-max">max $3,000</span></span>
-                                <input id="agentEditorCashAllocation" class="agent-capital-input" type="number" min="0" max="3000" step="any" data-cash-step="100" placeholder="1000" aria-label="Paper Trading Allocated Capital">
+                            <!-- Greyed while paper trading is switched off (PAPER_TRADING_ENABLED
+                                 in app.js). agent-editor.js reads `disabled` as "leave the saved
+                                 sleeve alone" and omits cash_allocation from the PATCH. -->
+                            <label class="agent-capital-field agent-capital-field--disabled" for="agentEditorCashAllocation" title="Paper trading is coming soon">
+                                <span class="agent-capital-label">Paper Trading <span class="agent-capital-max">coming soon</span></span>
+                                <input id="agentEditorCashAllocation" class="agent-capital-input" type="number" min="0" max="3000" step="any" data-cash-step="100" placeholder="1000" aria-label="Paper Trading Allocated Capital" disabled aria-disabled="true">
                                 <span class="capital-input-error" data-cash-error-slot role="alert" hidden></span>
-                                <span class="agent-capital-note">Reserved from your My Portfolio balance while this agent paper-trades. Backtests use a separate simulated amount and never touch it.</span>
+                                <span class="agent-capital-note">Paper trading is not available yet. Backtests use the simulated amount beside it.</span>
                             </label>
                             <label class="agent-capital-field" for="agentEditorBacktestAllocation">
                                 <span class="agent-capital-label">Backtesting <span class="agent-capital-max">max $3,000</span></span>
@@ -2393,9 +2408,9 @@ <h2 id="creditsRefundTitle">Refund Credits purchase</h2>
     <script src="market-events/MarketEventFeed.js" defer></script>
     <script src="js/portfolio.js?v=18" defer></script>
     <script src="js/backtest-comparison.js?v=1" defer></script>
-    <script src="app.js?v=141" defer></script>
+    <script src="app.js?v=142" defer></script>
     <script src="js/analytics.js?v=1" defer></script>
-    <script src="js/agent-editor.js?v=31" defer></script>
+    <script src="js/agent-editor.js?v=32" defer></script>
     <script src="js/credit-format.js?v=1" defer></script>
     <script src="js/credits.js?v=8" defer></script>
     <script src="js/admin-credits.js?v=8" defer></script>