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Perpetuals · Head-to-head

Hypernova vs Propr side-by-side comparison

A head-to-head look at Hypernova and Propr — 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 $450 at Propr.
  • Hypernova uses static drawdown, while Propr runs static (1-Step) / trailing (2-Step).
  • Platform lineups differ: only Hypernova offers Hypernova web terminal, while Propr web app, REST API and Python SDK are exclusive to Propr.

Ratings & reputation

Overall rating
—
4.4
Review score
—
4.4 / 5

Pricing & accounts

Max profit split
80%
80%
Starting price
$25
$25
Largest account
$200K
$200K
Programs
18
24

Rules & targets

Profit target
9–10%
9–12%
Drawdown type
Static
Static (1-Step) / trailing (2-Step)
Max drawdown
6%
6%
Daily drawdown
3%
3%
News (challenge)
Allowed. No news-event restriction of any kind.
Allowed. No news-event restriction of any kind.
News (funded)
Allowed. No news-event restriction of any kind.
Allowed. No news-event restriction of any kind.
Consistency rule
None. No cap on a single day's share of total profit.
None. No cap on a single day's share of total profit.
Min trading days
None. The assessment can be passed in a single trade.
None. The evaluation can be passed in a single trade.
Restrictions
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.
Only two guardrails: the daily loss limit and the max drawdown, both equity-based (floating P&L counts) with no grace period. Position caps apply — $1M flat on BTC/ETH and equity/commodity perps, $150K on large-cap crypto (OI ≥ $100M), else 5% of open interest. Prohibited conduct is separate: cross-account or cross-venue hedging, wash trading, latency arbitrage, account cycling and payout/drawdown gaming all terminate the account.
BTC leverage
Per symbol
1:10

Payouts & costs

Payout cycle
On demand
On demand
Processing time
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.
Processed within 24 hours and settled on-chain in USDC; Propr publishes a 34m 5s median.
First payout
Instantly once in profit, no minimum
On demand once in profit, $20 minimum
Refund
Assessment fees are one-time and non-refundable once the account is activated, whatever the outcome. Paid in USDC.
Evaluation fees are non-refundable once the account is activated, whatever the outcome.
Commission / lot
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.
Hyperliquid maker/taker fees passed through at cost with no markup. Funding rates are debited or credited automatically and count toward your equity.

Platforms & markets

Platforms
Hypernova web terminal
Propr web appREST APIPython SDKJS SDK
Markets
Crypto perpsEquity perpsCommodity perpsIndex perpsFX perpsPre-IPO perps
Crypto perpsEquity perpsCommodity perpsIndex perpsFX perps

Company

Headquarters
—
Road Town, Tortola, British Virgin Islands
Founded
2026
2026
Chief executive
—
Louis Regis

Check this firm’s payout stats, verified on-chain:

Propr payouts

Compare their exact account models

Hypernova and Propr 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.

Hypernova vs Propr: common questions

Answered from the comparison data on this page.