Answers for funded traders.

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.

PropDAO is built around fewer restrictions: no KYC, no time limit, no minimum trading days, no consistency rule, no mandatory stop-loss, bots and AI agents welcome, copy trading between your own accounts, and payouts that settle on-chain in minutes with no manual review.

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.

On the Transparency page: paid to traders, fees collected, payouts, registered users, active and funded accounts, trades and notional — read live from the production database through a public, aggregates-only function that anyone can call. Payouts themselves settle on-chain in USDC, so every one is verifiable on the explorer.

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.

PropDAO does not require KYC. There is no KYC rejection process for evaluations, funded accounts, or eligible payout requests.

You must be old enough to legally use the platform and enter into the applicable terms in your jurisdiction.

Yes. VPN use is allowed.

Evaluation fees are one-time access fees and are not refundable once the evaluation is purchased or used.

Accounts run from $5K to $100K. Every size comes in three variants that differ only in the daily loss limit — Starter (3%), Pro (2%) and Quant (1%) — and the one-time fee scales with the room you get. Exact prices are in the Account Sizes table on the Rules page.

Yes. Multiple evaluations are allowed unless the platform separately limits account quantity or risk exposure.

A breached account is closed and cannot continue trading. Open positions may be closed automatically, and payouts are not available on breached accounts.

No. Evaluations and funded accounts are simulated trading environments using real market data and simulated execution.

Two loss rules — a 5% static drawdown and a 1–3% daily loss limit — plus a 10% profit target, per-market leverage caps, payout requirements, and prohibited conduct such as bug exploiting, latency arbitrage or cross-account hedging.

You choose it when you buy the account: 1% (Quant), 2% (Pro) or 3% (Starter) of your equity at 00:00 UTC, which gives a dollar amount you can lose that day. The loss is counted from the day's highest closed balance, so banked profit is protected but open profit doesn't count. A new limit is set every day at 00:00 UTC.

5% on every account, static. The floor is set once at 5% below your starting balance and never moves — not on new highs, not at end of day.

Static. A trailing drawdown moves the floor up whenever your account makes a new high, so a later pullback can breach you even in profit. PropDAO's floor stays at 5% below your starting balance for the life of the account — your room only grows as you make profit.

Both, continuously. The 5% max drawdown is a fixed floor 5% below your starting balance. The daily loss limit is an amount (1–3% of that day's 00:00 UTC equity) counted from the day's highest closed balance. Both are checked against live equity on every tick. Open profit never raises either one.

A flat 0.015% maker / 0.045% taker on the notional of every fill, the same on every market and at every leverage.

Either limit breaches the account: all open positions are closed and the account is permanently terminated. It cannot be reset or appealed; the evaluation fee is not refunded.

Bug exploiting, latency arbitrage, platform abuse, stale-price exploitation, cross-account hedging (opposing positions across different accounts), and attempts to manipulate platform errors are prohibited.

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.

Both are allowed. Copy trading is permitted, including between your own PropDAO accounts. Hedging within a single account is fine as long as it isn't used to evade the rules. Holding opposing positions across different accounts (yours or a coordinated group's) is prohibited. Separately, PropDAO may hedge funded positions on the real market to cover payouts — that never touches your account.

There is no separate risk-per-trade cap. Leverage is capped per market: 2x on crypto above $1B market cap, 1.5x on equities, indices, commodities and FX, 1x on smaller-cap crypto.

Yes. Automated trading, bots, EAs, and AI agents are permitted as long as they follow the rules.

Crypto is 24/7. Equities, indices, commodities and FX are Hyperliquid HIP-3 markets and follow their underlying market hours.

The static 5% floor doesn't move. The next day's limit is set from your post-withdrawal equity at 00:00 UTC, so a withdrawal shrinks tomorrow's daily allowance in dollar terms. It doesn't count as a loss today.

Yes. 155 markets: 96 crypto perps plus equities, indices, commodities, FX and a few pre-IPO names — all Hyperliquid perpetuals. The Assets page lists every one with live price and leverage cap.

Available assets are shown on the Assets page with their market type and maximum leverage.

New assets can be added as market data, liquidity, and risk controls support them. The Assets page is the source of truth.

A one-time evaluation fee at purchase, then flat trading fees of 0.015% maker / 0.045% taker per fill. No closing fee, no payout fee.

The environment uses real market data to simulate trading. Orders are not routed to external live markets during evaluations.

Against live Hyperliquid prices. Fills use the venue's mark and book so what you see is what an order would fill at.

Limit orders are eligible to fill when market data reaches the submitted limit price and platform execution conditions are met.

Yes. A market order walks the live Hyperliquid book, so anything bigger than the size resting at the best price fills a little worse than the touch. The terminal estimates the cost before you commit, and every closed trade records what it actually was. The walk stops at an 8% cap rather than filling at any price, and a limit order that rests fills at its own price and pays nothing.

Orders are either filled or not filled, depending on whether the price passes through the order.

Orderbook and pricing data are intended to reflect current market data. Delayed, stale, or erroneous feed exploitation is prohibited.

Hyperliquid. Every market on PropDAO is a live Hyperliquid perpetual, and prices, books and funding come straight from the venue.

$20.

Close all positions, then hit Payout in the funded account. It settles on-chain in USDC in minutes — no request queue, no manual approval.

A funded account is eligible when it has closed, realized profit above the starting balance and remains compliant with all rules.

Payouts are made on-chain in USDC.

80% to the trader on every account.

No. The 5% floor is fixed at 5% below your starting balance and stays there. Withdrawing profit lowers your balance toward the start, which uses up room, so keep an eye on how much you leave in.

No. PropDAO does not require KYC for eligible payouts.

Yes. Withdraw any amount from $20 up to your full available profit, as often as you like.

You are responsible for understanding and paying any taxes that apply in your jurisdiction.

Payouts settle on-chain in minutes. Check the transaction on the explorer and that your wallet is on the right network. If it still hasn't arrived, reach us in Discord with the account and transaction details.