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Perpetuals · Head-to-head

E8 Perpetuals vs Hypernova side-by-side comparison

A head-to-head look at E8 Perpetuals and Hypernova — both Perpetuals prop firms. Ratings are aggregated from public trader review scores; the stronger value in each row is highlighted.

Key differences

  • A $100K evaluation costs $400 at Hypernova versus $468 at E8 Perpetuals.
  • E8 Perpetuals allows a 4% daily loss limit — more intraday room than Hypernova's 3%.
  • E8 Perpetuals uses dynamic (E8 One) / static (E8 Pro) drawdown, while Hypernova runs static.
  • Payouts run on demand (E8 One) / daily (E8 Pro) at E8 Perpetuals and on demand at Hypernova.
  • E8 Perpetuals funds accounts up to $500K, versus $200K at Hypernova.
  • Platform lineups differ: only E8 Perpetuals offers E8 Terminal, while Hypernova web terminal is exclusive to Hypernova.

Which fits comes down to priorities: more daily-loss headroom favors E8 Perpetuals, while a cheaper $100K evaluation points to Hypernova.

Pricing & accounts

Max profit split
80%
80%
Starting price
$28
$25
Largest account
$500K
$200K
Programs
16
18

Rules & targets

Profit target
6–9%
9–10%
Drawdown type
Dynamic (E8 One) / static (E8 Pro)
Static
Max drawdown
6%
6%
Daily drawdown
4%
3%
News (challenge)
Allowed.
Allowed. No news-event restriction of any kind.
News (funded)
Allowed.
Allowed. No news-event restriction of any kind.
Consistency rule
40% on funded E8 One accounts; E8 Pro uses a 2% daily profit cap instead.
None. No cap on a single day's share of total profit.
Min trading days
None. Both products can be passed in a single day.
None. The assessment can be passed in a single trade.
Restrictions
Perpetuals trade only on E8 Terminal, E8's own platform — not on MT5, cTrader, TradeLocker or MatchTrader. Instruments are crypto, equity, index and commodity perpetuals priced from the Hyperliquid feed inside E8's SimFi simulated environment.
Only two guardrails: the daily loss limit and the max drawdown, both equity-based (floating P&L counts) with no grace period — a momentary touch is a permanent breach with no reset or appeal. Prohibited conduct is separate and terminates the account: cross-account or cross-venue hedging, copy trading and third-party signals, account sharing or trading several accounts from one household, device or IP without approval, exploiting platform errors or latency, identity fraud, insider trading and front-running, switching to a materially different strategy once funded, and strategies that cannot be replicated in live markets.
BTC leverage
—
Per symbol

Payouts & costs

Payout cycle
On demand (E8 One) / daily (E8 Pro)
On demand
Processing time
Paid in cash or crypto once approved.
Settled on-chain in USDC by smart contract, with gas sponsored by Hypernova. The public stats page reports a 5.9s average across 749 payouts.
First payout
3 days on E8 One, same day on E8 Pro
Instantly once in profit, no minimum
Refund
Payments are for access to educational software and services and are non-refundable unless unused.
Assessment fees are one-time and non-refundable once the account is activated, whatever the outcome. Paid in USDC.
Commission / lot
0.015% maker / 0.045% taker on notional, matching Hyperliquid's own fee schedule. Spreads run about one tick on major instruments and funding rates behave as they would live.
Crypto perps 0.01% maker / 0.04% taker; TradFi perps 0% maker / 0.005% taker, charged on fill price at execution. Hourly funding is applied to open positions using Hyperliquid's published rates and counts toward equity.

Platforms & markets

Platforms
E8 Terminal
Hypernova web terminal
Markets
Crypto perpsEquity perpsIndex perpsCommodity perps
Crypto perpsEquity perpsCommodity perpsIndex perpsFX perpsPre-IPO perps

Company

Headquarters
United States
—
Founded
2021
2026
Chief executive
Dylan Elchami
—
Experience
4 years
—

Compare their exact account models

E8 Perpetuals and Hypernova each sell several account models, and price, drawdown, consistency rules and payouts differ between them. These line up the products themselves rather than the companies.

E8 Perpetuals vs Hypernova: common questions

Answered from the comparison data on this page.