Crypto prop firm · live Hyperliquid markets · launching soon

Prove your edge.
Keep 80% of the profits.

Pass one challenge on crypto, US stocks, FX, indices and commodities, 24/7. Get funded up to $300,000 and get paid on-chain in USDC.

prophe terminal · previewTrade it in the demo →live · Hyperliquid
BTC-PERP
—
PriceSize
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Example$10K · 1-Step
$10,436
Equity · +4.36%
Profit target$436 / $900
Daily loss used$62 / $315
Room to max loss$936 left

Illustration. Your real limits update live on every price tick.

Live
BTC—·ETH—·NVDA—·Gold—·EUR/USD—·Nasdaq-100—·

How it works

Pick, pass, get paid. Here's what to expect at every stage.

01

Pick a challenge

Choose Classic, Pro or Turbo, 1-Step or 2-Step, and an account size. The one-time fee is the most you can ever lose.

$5K $41$10K $77$25K $194$50K $360$100K $720

1-Step Classic, launch price

02

Hit the target

Trade any market to +9% while staying inside two loss limits. No time limit, no minimum days.

  • Profit target +9%
  • Max daily loss 3%, resets 00:00 UTC
  • Max drawdown 5% static
03

Get funded and paid

Keep 80% of your profits. Ask for a payout whenever you want, in USDC, on-chain.

You keep 80%20%

Pick your challenge. One-time fee.

From $15 at launch, 10% off list. What you see is what you pay: no monthly fees, no activation fees, no resets to buy.

1-Step Classic

Balanced target and room

$194$21510% off at launch

One-time fee · $25,000 account · 80/20 split

Profit target
9% · $2,250
Max daily loss
3% · $750
Max drawdown
5% static · $1,250
Phases
1
Max leverage
5x crypto · 10x FX
Time limit
None
Profit split
80/20
Payouts
On demand in USDC
Join the waitlist

Launch price is 10% off the list price, for the waitlist first. Challenges open to the waitlist before anyone else.

See the rules in action

Pick a trading style and watch a $10K challenge play out against the real 1-Step Classic limits.

d1d5d10d15d20d25d30+9% target$10K start−5% max loss
EquityDaily floor (3% below each day's start)

Trading…

An illustration with random price paths and a built-in edge. Real traders pass far less often than this.

What would you take home?

Drag the slider. Payouts are 80% of your profit, on demand, in USDC.

Funded account
+0.5%+10%+20%

Your $360 fee is paid back once you make +0.90% on the funded account.

You receive
$2,000
in USDC, on-chain, whenever you ask
Profit on $50,000
$2,500
Prophe's 20%
−$500
Challenge fee (one-time)
−$360
Net to you, first payout
$1,640

Built by a trader, for traders

The things that make traders quit prop firms, fixed in the design.

No breaches on bad data

If our price feed goes stale during an outage, breach checks pause. You are never breached on a price that wasn't real.

Payouts you can verify

Every payout is a USDC transfer on-chain. Our pass rate and payouts will be published, not hidden.

Rules that don't move

Your account keeps the rules it started with. No quiet tightening, no surprise consistency rules.

Get in first

Join the waitlist for early access and launch pricing. Share your link to move up the queue.

We'll email you when challenges open. No spam, and you can leave any time. See our privacy notice.

Frequently asked questions

What rules do I need to watch?

Three numbers on every challenge: a profit target, a daily loss limit measured from your equity at 00:00 UTC, and a max drawdown below your starting balance that never moves. On the 1-Step Classic that is +9%, 3% and 5%. Pro and Turbo trade a different target for a different fee.

What is the difference between 1-Step and 2-Step?

A 1-Step is one target. A 2-Step is two smaller targets in a row, each starting from a fresh balance, with a lower fee. Same rules after you are funded: no time limit, no minimum days, 80% of the profits.

What is the launch discount?

Launch pricing is 10% off the list price, which is shown crossed out next to it. The waitlist gets first access to it.

Is there a consistency rule, a minimum number of days or a time limit?

No, no and no. Pass in one trade or in three months. Your account moves to funded the moment you hit the target.

How do payouts work?

You keep 80% of the profits on your funded account. Request a payout whenever you want. It is sent in USDC to your wallet, on-chain, where anyone can verify it.

Is the capital real?

Challenge and funded accounts are simulated accounts priced off live Hyperliquid markets, as at most prop firms. The rewards are real: paid in USDC, on-chain.

What can I trade?

Everything on the terminal above: crypto, US stocks, FX, indices and commodities on Hyperliquid, 24/7. Leverage is up to 10x on FX, 5x on crypto, indices and commodities, and 3x on single stocks.

What happens if I hit a loss limit?

The challenge ends and open positions are closed. There is nothing else to pay. You can start a new challenge whenever you like.

How much funded capital can I trade?

Up to $300,000 across all your funded accounts combined.

How many traders pass?

Most traders do not pass a challenge, at any firm. We will publish our real pass and payout rates once challenges are live.

Who can join?

Traders worldwide, except residents of the United States, the United Kingdom, Singapore and sanctioned countries at launch. You verify your identity before your first payout.

When do you launch?

A free beta opens to the waitlist first, then paid challenges. The waitlist hears about both before anyone else.