A financial-reasoning + crypto model that reproduces the Fin-R1 recipe (Fin-R1: SFT → GRPO on financial chain-of-thought data) on a larger base — Gemma 4 12B-it — trained locally on Apple Silicon with mlx-lm-lora.

It reasons step-by-step inside <think> </think> tags, then gives a clear final answer. Coverage spans the whole investment sector — fiat markets, equities, derivatives, macro, accounting, and crypto / DeFi / trading (SMC, ICT, FVG, etc.).

Base model: mlx-community/gemma-4-12B-it-bf16 (← google/gemma-4-12b-it)
Method: LoRA SFT (rank 16) → GRPO (Fin-R1 stage 2), then fused to full bf16 weights
Params / dtype: ~12B, bf16 (~22 GB)
Framework: MLX (mlx-lm). model_type: gemma4.

Training recipe

Stage	Data	Notes
SFT (v4)	~30k examples: financial CoT (Fino1 FinQA+CoT, fin-alpaca-r1, Finance-Instruct, TAT-QA CoT), crypto trading, an industry/security corpus, and FalseReject de-refusal	broad + balanced
GRPO	12k verifiable items (FinQA-style numerics + crypto BUY/HOLD/SELL labels)	rewards: `think_format` + `numeric_or_label_accuracy`, 200 iters

Evaluation

FinQA / ConvFinQA accuracy (N=100, FLARE test split):

Model	FinQA	ConvFinQA
base `gemma-4-12B-it`	27.5%	— (often refuses)
SFT v4	61%	59%
this model (SFT→GRPO v4)	64%	60%
Fin-R1 (paper reference)	76%	85%

GRPO added +3 / +1 over SFT, matching the paper's reported lift. De-refusal eval: 100% of legitimate finance/investment questions answered, illegitimate ones still refused.

The model is intentionally broad rather than benchmark-maximized: it trades a few FinQA points versus a narrow FinQA-tuned model (Fin-R1) for crypto/trading coverage that Fin-R1 does not have (e.g. Fin-R1 does not know SMC/ICT terms like Fair Value Gap).

Usage (MLX)

python

from mlx_lm import load, generate

model, tokenizer = load("z0n3x/gemma-4-12b-fin-grpo-v4")

system = ("You are a financial reasoning assistant covering the whole investment "
          "sector — fiat markets, equities, derivatives, macro, accounting, and "
          "crypto/DeFi. Reason step by step inside <think> </think> tags, then give "
          "a clear, correct final answer.")
messages = [
    {"role": "system", "content": system},
    {"role": "user", "content": "What is a Fair Value Gap (FVG) and how do traders use it?"},
]
prompt = tokenizer.apply_chat_template(messages, add_generation_prompt=True)
print(generate(model, tokenizer, prompt=prompt, max_tokens=800))

Thinking / reasoning

The chat template defaults to a reasoning system prompt, so the model produces <think> … </think> then the answer out of the box — you don't need to pass a system message (pass your own to override it). The reasoning markers are <think> / </think> (this model was trained on those tags, not Gemma's native <|channel>thought format).

LM Studio: set the reasoning / "thinking" section tags to <think> (start) and </think> (end) to fold the chain-of-thought into a collapsible block.
Text-only: the base Gemma 4 vision/audio weights were dropped during fine-tuning, so this checkpoint is not multimodal — by design (Fin-R1 is a text recipe).

Note on loading: these are brand-new Gemma 4 "unified" weights. With some mlx-lm versions you may need a small load-time shim that (a) resolves model_type: gemma4 and (b) drops unused multimodal tensors. This is a text-only checkpoint.

Limitations & disclosures

Not financial advice. Outputs are model-generated and can be wrong; verify numbers and do your own research before acting on any market view.
De-refusal calibration. Trained (with the FalseReject dataset) to answer legitimate finance/investment questions candidly instead of over-refusing. The boundary kept during training was not optimizing for fraud, money-laundering, or market-manipulation use.
Includes a private corpus. Part of the SFT mix is the author's own industry/security ("OAK") corpus; outputs may reflect its style/content.
MLX checkpoint. Built and tested with mlx-lm; not validated under transformers.

License

This is a derivative of Google Gemma and is distributed under the Gemma Terms of Use. By using these weights you agree to those terms and to Google's Prohibited Use Policy.

Citation

Built following the Fin-R1 recipe:

bibtex

@article{liu2025finr1,
  title={Fin-R1: A Large Language Model for Financial Reasoning through Reinforcement Learning},
  author={Liu, Zhaowei and others},
  journal={arXiv preprint arXiv:2503.16252},
  year={2025}
}