Answers for funded traders.
Everything traders need to know about PropDAO evaluations, simulated execution, payouts, assets, fees, and account rules.
General
What is PropDAO?
PropDAO is a simulated proprietary trading platform. Traders buy an evaluation, trade simulated capital, and can qualify for a simulated funded account with eligible payouts.
What makes PropDAO different from other prop firms?
PropDAO is built around fewer restrictions: no KYC, no daily loss limit, no time limit, no mandatory stop-loss, bot support, copy trading between your own accounts, and payouts processed in minutes.
Can anyone be funded?
Any trader who purchases an evaluation, follows the rules, reaches the required profit target, and avoids breaching the account can qualify for a simulated funded account.
What's the vision for PropDAO?
The vision is to give skilled traders a transparent, crypto-native path to prove performance, manage risk, and access performance-based payouts without arbitrary prop-firm restrictions.
What happens if my KYC is rejected?
PropDAO does not require KYC. There is no KYC rejection process for evaluations, funded accounts, or eligible payout requests.
What is the minimum age requirement?
You must be old enough to legally use the platform and enter into the applicable terms in your jurisdiction.
Can I use a VPN while trading?
Yes. VPN use is allowed.
Evaluations
Does PropDAO offer refunds on evaluations?
Evaluation fees are one-time access fees and are not refundable once the evaluation is purchased or used.
Is the evaluation fee refundable?
No. If an account is breached or fails, the evaluation fee is not refunded.
What are the account sizes and fees?
Normal accounts range from $5K to $200K, and Pro accounts range from $25K to $200K. The exact one-time evaluation fee is listed in the Account Sizes table on the Rules page.
Can I purchase multiple PropDAO evaluations?
Yes. Multiple evaluations are allowed unless the platform separately limits account quantity or risk exposure.
What happens if my account is breached?
A breached account is closed and cannot continue trading. Open positions may be closed automatically, and payouts are not available on breached accounts.
Am I trading in a live environment?
No. Evaluations and funded accounts are simulated trading environments using real market data and simulated execution.
Trading Rules
What are the different trading rules?
The main rules are total loss limit, profit target, approved assets, maximum leverage, payout requirements, and prohibited conduct such as bug exploiting or latency arbitrage.
What is the maximum daily loss limit in the PropDAO evaluation?
None. PropDAO does not use a daily loss limit. Only the total account loss limit applies.
What is the maximum drawdown limit in the PropDAO evaluation?
The total loss limit is 4% on all accounts except $200K accounts, where it is 3%.
Does PropDAO use EOD or trailing drawdown?
PropDAO uses EOD drawdown, not trailing drawdown. EOD drawdown keeps the account focused on the total loss limit instead of raising the breach line after every intraday high.
What is the difference between EOD and trailing drawdown?
EOD drawdown checks the account against its allowed loss floor without moving that floor up after every intraday high. Trailing drawdown follows the account's high-water mark, so profits can raise the breach level and reduce available risk on a later pullback. PropDAO does not use a trailing drawdown floor.
What are the trading fees in the PropDAO evaluation?
Trading fees are charged on opening only. Fees range from 0.12% at 1x leverage to 0.16% at 5x leverage. There is no closing fee.
What happens if I exceed the maximum daily loss or drawdown limit?
There is no daily loss limit. If your account reaches or falls below the total loss limit, the account is breached.
What trading practices are prohibited during the PropDAO evaluation?
Bug exploiting, latency arbitrage, platform abuse, stale-price exploitation, and attempts to manipulate platform errors are prohibited.
Are there minimum execution timing rules?
Yes. A position must be held for at least 1 second before it can be manually closed. User-initiated executions must also be spaced at least 0.5 seconds apart.
What are the rules for hedging and copy trading?
Copy trading is permitted, including between your own PropDAO accounts. Hedging is allowed as long as it does not involve platform abuse or coordinated rule evasion.
What is the maximum position size?
There is no separate risk-per-trade cap beyond the maximum leverage limit for each asset.
Are bots and AI agents supported?
Yes. Automated trading, bots, EAs, and AI agents are permitted as long as they follow the rules.
What are the trading hours?
Crypto markets are available 24/7. Other supported assets may follow their underlying market availability.
Do payouts affect my daily loss limit?
There is no daily loss limit. After a payout, the account balance resets to the initial funded amount and drawdown limits reset accordingly.
Assets
Can I trade crypto, equities, and commodities?
Yes. PropDAO supports listed crypto, stable, equity, index, and metal instruments where available on the Assets page.
What assets are available to trade?
Available assets are shown on the Assets page with their market type and maximum leverage.
How quickly do you add new assets to trade?
New assets can be added as market data, liquidity, and risk controls support them. The Assets page is the source of truth.
What are the fees?
Evaluations have a one-time purchase fee. Trading has an opening-only fee from 0.12% to 0.16% based on leverage, with no closing fee.
Paper Trading
Is the orderbook real?
The environment uses real market data to simulate trading. Orders are not routed to external live markets during evaluations.
How do market orders fill?
Orders are filled by finding live market prices from exchanges and executing with infinite liquidity, ensuring there is no slippage.
How do limit orders work?
Limit orders are eligible to fill when market data reaches the submitted limit price and platform execution conditions are met.
Is there slippage?
There is no slippage.
What happens if there is not enough liquidity to fill my order?
Orders are either filled or not filled, depending on whether the price passes through the order.
Is the orderbook data delayed?
Orderbook and pricing data are intended to reflect current market data. Delayed, stale, or erroneous feed exploitation is prohibited.
Where does the pricing and orderbook come from?
Pricing and orderbook data come from external market-data sources used by the platform and are applied inside the simulated execution environment.
Payouts
What is the minimum payout amount?
There is no minimum payout.
How do I request a payout?
Request a payout from the funded account flow after all positions are closed and eligible profit is available.
When is my account eligible for a payout?
A funded account is eligible when it has closed, realized profit above the starting balance and remains compliant with all rules.
What payout methods are available?
Payouts are made on-chain in USDC.
What is the profit split?
Normal accounts keep 80% of funded-stage profits. Pro accounts keep 90%.
Does requesting a payout affect my drawdown limit?
Yes. Each payout sweeps all available profit, resets the account balance to the initial funded amount, and resets drawdown limits accordingly.
Do I need to complete KYC to receive payouts?
No. PropDAO does not require KYC for eligible payouts.
Can I make partial withdrawals?
No. Payouts are full profit sweeps only.
Are there any payout fees?
The rulebook does not list a separate payout fee. Network or wallet costs may still apply outside the platform.
Do I need to pay taxes on my payouts?
You are responsible for understanding and paying any taxes that apply in your jurisdiction.
What if my payout has not arrived?
Check that the request was approved, your wallet details are correct, and the transaction has been processed on-chain. If it still has not arrived, contact support with the account and payout request details.