Perpetuals prop firm
Hypernova Review
- Max profit split
- 80%
- Challenges from
- $25
- Largest account
- $200K
- Payouts
- On demand
- BTC leverage
- Per symbol
On-chain prop firm on Hyperliquid data — 18 one-step assessments from $5K to $200K, flat 80% split, USDC payouts in seconds
How Hypernova compares
Strengths
- Challenges start from $25 — cheaper than the typical entry among the 7 perpetuals firms we track.
Hypernova suits traders who value a lower entry price.
Ratings
Ratings aggregated from public trader review scores, verified .
About Hypernova
Hypernova is an on-chain prop firm that runs perpetual futures on crypto, equities, commodities, FX, indices and pre-IPO names, priced from live Hyperliquid market data but filled on its own engine. Three risk tiers — Tight, Low and Medium — span six account sizes from $5,000 to $200,000, all single-step, all at a flat 80% split with no time limit, no minimum trading days and no consistency rule. The only guardrails are a daily loss limit and a static max drawdown, both equity-based and both permanent on breach. Payouts settle by smart contract in USDC on Arbitrum, averaging 5.9 seconds, and the payout reserve is published on-chain. The platform is in closed beta and payouts are capped at $10,000 of profit per day during the alpha.
Founded
2026
Max profit split
80%
Starting price
$25
Largest account
$200K
Payout frequency
On demand
First payout
Instantly once in profit, no minimum
Profit target
9–10%
Max drawdown
6%
BTC leverage
Per symbol
Drawdown model
Equity-based, including floating P&L
Platforms
Hypernova web terminal
Markets
Crypto perpsEquity perpsCommodity perpsIndex perpsFX perpsPre-IPO perps
Challenges & pricing
Hypernova's cheapest plan is a $5,000 1-step account at $25; the largest funded account is $200,000 (from $800). In total Hypernova lists 18 plan configurations across 3 account models, with profit splits up to 80%.
Hypernova's Tight Risk runs from a $5,000 1-step account at $25 up to $200,000 at $800, with a profit target of 9%, a max loss of 3% static, a daily loss limit of 3% and a profit split of 80%.
Swipe for more
About the Tight Risk program
Rules that apply to every account size above.
| In detail | |
|---|---|
| Profit target | 9% of the starting balance, measured on balance (closed P&L). The only tier below 10%. |
| Daily loss | 3% of the prior day's closing balance, re-struck every day at 00:00 UTC. Calculated from balance (closed P&L) but enforced on equity, so an open loser can breach it. |
| Evaluation | |
| Min trading days | None. The assessment can be passed in a single trade. |
| Funded account | |
| Funded drawdown | Identical to the assessment: 3% daily and the same 3% static floor. Only the profit target goes away. |
| Consistency rule | None. No cap on a single day's share of total profit. |
| Consistency rule (funded) | None. |
| Max allocation | $200,000 aggregate funded balance across as many accounts as you like, for traders not on a scaling plan. Only one active assessment per asset class at a time. |
| Scaling plan | Discretionary. Funded traders who hit performance targets while respecting the rulebook are reviewed for capital increases; a formal programme with improved profit splits is advertised as coming soon. |
| Payouts | |
| Payout frequency | On demand, any time you are flat — no cooldown, no waiting period and no limit on the number of requests. |
| First payout | Available as soon as the funded account is in profit. No minimum amount and no minimum holding period. |
| 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. |
| Min days to payout | None. |
| Max payout | No cap on total earnings, but during the closed alpha payouts are capped at $10,000 of profit per user per day. Multiple payouts a day are fine up to that running total. |
| Refund policy | Assessment fees are one-time and non-refundable once the account is activated, whatever the outcome. Paid in USDC. |
| Trading rules | |
| Weekend holding | Allowed. Perpetuals trade 24/7 and there is no flat-by-Friday rule. |
| Overnight holding | Allowed. No session close and no overnight fee beyond funding rates. |
| Hedging | Allowed within one account. Opposing positions on the same instrument across two Hypernova accounts, or against an account at any third-party firm, are prohibited conduct (§14.1) and terminate the account. |
| Copy trading | Prohibited (§14.2), and unusually broadly: third-party signals, copy-trading services, trade ideas taken from communities, social media or research, and any strategy marketed as a way to pass prop evaluations. Automated strategies you built and run yourself on a single account are fine. |
| Expert advisors | Allowed with no restrictions, provided the strategy is your own and runs on one account. A typed REST + WebSocket API and first-party TypeScript and Python SDKs are advertised as coming soon. |
| Other 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. |
| 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. |
| Access | |
| Platforms | Hypernova web terminal |
| Payout methods | USDC on Arbitrum |
Hypernova's Low Risk runs from a $5,000 1-step account at $60 up to $200,000 at $1,850, with a profit target of 10%, a max loss of 6% static, a daily loss limit of 3% and a profit split of 80%.
Swipe for more
About the Low Risk program
Rules that apply to every account size above.
| In detail | |
|---|---|
| Profit target | 10% of the starting balance, measured on balance (closed P&L). |
| Daily loss | 3% of the prior day's closing balance, re-struck every day at 00:00 UTC. Calculated from balance (closed P&L) but enforced on equity, so an open loser can breach it. |
| Evaluation | |
| Min trading days | None. The assessment can be passed in a single trade. |
| Funded account | |
| Funded drawdown | Identical to the assessment: 3% daily and the same 6% static floor. Only the profit target goes away. |
| Consistency rule | None. No cap on a single day's share of total profit. |
| Consistency rule (funded) | None. |
| Max allocation | $200,000 aggregate funded balance across as many accounts as you like, for traders not on a scaling plan. Only one active assessment per asset class at a time. |
| Scaling plan | Discretionary. Funded traders who hit performance targets while respecting the rulebook are reviewed for capital increases; a formal programme with improved profit splits is advertised as coming soon. |
| Payouts | |
| Payout frequency | On demand, any time you are flat — no cooldown, no waiting period and no limit on the number of requests. |
| First payout | Available as soon as the funded account is in profit. No minimum amount and no minimum holding period. |
| 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. |
| Min days to payout | None. |
| Max payout | No cap on total earnings, but during the closed alpha payouts are capped at $10,000 of profit per user per day. Multiple payouts a day are fine up to that running total. |
| Refund policy | Assessment fees are one-time and non-refundable once the account is activated, whatever the outcome. Paid in USDC. |
| Trading rules | |
| Weekend holding | Allowed. Perpetuals trade 24/7 and there is no flat-by-Friday rule. |
| Overnight holding | Allowed. No session close and no overnight fee beyond funding rates. |
| Hedging | Allowed within one account. Opposing positions on the same instrument across two Hypernova accounts, or against an account at any third-party firm, are prohibited conduct (§14.1) and terminate the account. |
| Copy trading | Prohibited (§14.2), and unusually broadly: third-party signals, copy-trading services, trade ideas taken from communities, social media or research, and any strategy marketed as a way to pass prop evaluations. Automated strategies you built and run yourself on a single account are fine. |
| Expert advisors | Allowed with no restrictions, provided the strategy is your own and runs on one account. A typed REST + WebSocket API and first-party TypeScript and Python SDKs are advertised as coming soon. |
| Other 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. |
| 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. |
| Access | |
| Platforms | Hypernova web terminal |
| Payout methods | USDC on Arbitrum |
Hypernova's Medium Risk runs from a $5,000 1-step account at $80 up to $200,000 at $2,500, with a profit target of 10%, a max loss of 7% static, a daily loss limit of 4% and a profit split of 80%.
Swipe for more
About the Medium Risk program
Rules that apply to every account size above.
| In detail | |
|---|---|
| Profit target | 10% of the starting balance, measured on balance (closed P&L). |
| Daily loss | 4% of the prior day's closing balance, re-struck every day at 00:00 UTC. Calculated from balance (closed P&L) but enforced on equity, so an open loser can breach it. |
| Evaluation | |
| Min trading days | None. The assessment can be passed in a single trade. |
| Funded account | |
| Funded drawdown | Identical to the assessment: 4% daily and the same 7% static floor. Only the profit target goes away. |
| Consistency rule | None. No cap on a single day's share of total profit. |
| Consistency rule (funded) | None. |
| Max allocation | $200,000 aggregate funded balance across as many accounts as you like, for traders not on a scaling plan. Only one active assessment per asset class at a time. |
| Scaling plan | Discretionary. Funded traders who hit performance targets while respecting the rulebook are reviewed for capital increases; a formal programme with improved profit splits is advertised as coming soon. |
| Payouts | |
| Payout frequency | On demand, any time you are flat — no cooldown, no waiting period and no limit on the number of requests. |
| First payout | Available as soon as the funded account is in profit. No minimum amount and no minimum holding period. |
| 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. |
| Min days to payout | None. |
| Max payout | No cap on total earnings, but during the closed alpha payouts are capped at $10,000 of profit per user per day. Multiple payouts a day are fine up to that running total. |
| Refund policy | Assessment fees are one-time and non-refundable once the account is activated, whatever the outcome. Paid in USDC. |
| Trading rules | |
| Weekend holding | Allowed. Perpetuals trade 24/7 and there is no flat-by-Friday rule. |
| Overnight holding | Allowed. No session close and no overnight fee beyond funding rates. |
| Hedging | Allowed within one account. Opposing positions on the same instrument across two Hypernova accounts, or against an account at any third-party firm, are prohibited conduct (§14.1) and terminate the account. |
| Copy trading | Prohibited (§14.2), and unusually broadly: third-party signals, copy-trading services, trade ideas taken from communities, social media or research, and any strategy marketed as a way to pass prop evaluations. Automated strategies you built and run yourself on a single account are fine. |
| Expert advisors | Allowed with no restrictions, provided the strategy is your own and runs on one account. A typed REST + WebSocket API and first-party TypeScript and Python SDKs are advertised as coming soon. |
| Other 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. |
| 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. |
| Access | |
| Platforms | Hypernova web terminal |
| Payout methods | USDC on Arbitrum |
Recent changes
Reviewed updates to Hypernova's pricing, account configuration, FAQs and trading rules, tracked in Fine Print.
- Price
Payout reserve changed from $590.6K to $1.00M
- Before
- Payout reserve
$590.6K - After
- Payout reserve $1.00M
- Price
Payout reserve $611.2K changed to $590.6K
- Before
- Payout reserve
$611.2K· Lifetime payouts$765.0K· Avg payout time5.9sFundedtrader AuM$3.30M· Traded volume$4.00B - After
- Payout reserve $590.6K · Lifetime payouts $785.7K · Avg payout time 5.8sFunded trader AuM $3.98M · Traded volume $4.18B
Trader reviews
Loading…
No trader reviews of Hypernova yet — be the first to share your experience.
Compare Hypernova with other Perpetuals prop firms
Head-to-head pages — ratings, pricing, drawdown rules and payout terms side by side, with the stronger value in each row highlighted.
Hypernova vs Crypto Fund TraderCrypto Fund Trader rated 4.1/5 across 109 reviews from 1 sourceHypernova vs BreakoutBreakout rated 4.6/5 across 1,070 reviews from 2 sourcesHypernova vs Tradeify247Tradeify247 rated 4.7/5 across 7 reviews from 2 sourcesHypernova vs E8 PerpetualsRules, pricing & payouts side by sideHypernova vs MyFundedPerpsRules, pricing & payouts side by side
