Description: This record contains the main paper and comprehensive supplemental material for the Ma-Chao Equation. Main Paper: Defines the Ma-Chao Equation, establishes the ^-1/2 sensitivity law at Exceptional Points (EP), and provides empirical validation using BTC/USDT high-frequency data. Supplemental Material (SM-A–O): Provides formal derivations from microscopic master equations, stability proofs (Vakhitov-Kolokolov criterion), Evans-function spectral analysis, and the V3. 6 Topological Audit Protocol (AWSP).
Chao Ma (Sun,) studied this question.