Protocol documentation
67 pages on how the protocol actually behaves: what an evaluation commits to at the moment you buy it, where a payout's money comes from, what every fee is and who collects it, and how to check any of it against the chain yourself. Each page carries the date its numbers were last reconciled against the protocol's economics.
I trade prop firms, but I'm new to cryptoStart with the wallet, the funds, and what a payout actually is. Fifteen minutes.I'm set up. Show me how this worksThe rulebook, the payout waterfall, and how to pick a firm worth trading at.I want the technical detailProgram IDs, the read API, build verification, and the whitepaper behind them.
Firm directoryEvery firm live on the protocol, with its payouts and treasury solvencyTechnical whitepaperThe trust model, the settlement proofs and the fee ledger, in one documentThe Trader's ManifestoWhy the protocol exists, from ten years of trading the alternative
New to crypto
- New to crypto? Start hereThe fifteen minutes that come before the rest of the docs: what you need, in order, and why you don't have to buy any cryptocurrency today.
- Getting a walletWhat a wallet actually is, which one to install, what a recovery phrase does, and what nobody can do for you if you lose it.
- Getting SOLFree from a faucet today, bought on an exchange at mainnet, and what the network charges per action.
- You passed. Now what?You're paid in the firm's own token. Here's why, how you sell it for SOL, and the risks stated the way everything else here is stated.
- Is my money safe?Five different questions with five different answers, including the one most platforms would rather not spell out.
- Coming from a traditional prop firmFTMO and Topstep vocabulary mapped onto this one, what carries over unchanged, and the parts that have no equivalent here.
Overview
- Protocol overviewWhat DecentralProp is: a shared engine, the same rules, five on-chain programs — with every firm a brand on top.
- What makes this differentWhy a firm literally can't rug you, and five other things that don't exist anywhere else in prop trading.
- The autonomous firmThe whole machine in one pass: the token that bootstraps liquidity, the payouts that buy it back, the receipts that market the firm, and the two engines that let it run unattended.
Getting started
- Trader quickstartZero to a funded account in five steps: connect, choose, buy, trade, get paid.
- Operator quickstartNothing to a live, selling firm: tier, deploy, configure dark, launch, and what running it actually involves.
- Staker quickstartStaking a firm's token end to end, including the one decision that matters: no-risk or backstop.
How it works
- How trading worksReal live prices, simulated exposure, provably-fair fills — what SimCore actually does with every trade.
- Evaluations & the rulebookThe fixed profit-target, drawdown, and daily-loss rulebook every firm shares, and the account-size ladder.
- Funded accounts & payoutsHow much a trader keeps, and the four-layer waterfall a payout actually draws from.
Economics
- Tokenomics & liquidityThe token, the bonding curve, backstop staking, and the Universal Treasury Pool — how a firm gets real liquidity fast.
- The risk engineThe Autonomous Risk Engine's four health tiers, and what tightens automatically as a firm gets stressed.
- The fee scheduleEvery fee on the protocol on one page: who pays it, and where every percentage point goes.
- Points & the airdropWhat earns $DPROP airdrop points, what deliberately doesn't, and what's still undecided, stated plainly.
- For token holdersWhat a firm's token actually is, what structurally drives demand for it, and the risks without the softener.
Trust & architecture
- On-chain architecture & trustThe five on-chain programs, the settlement and fault-proof flow, and the operator's slashable security bond.
- Built to run on any chainOnly the money layer is chain-specific. DecentralChain is the proof: a real deploy, purchase, settlement, and payout, run for real on a second chain's mainnet.
- What's live todayWhere the protocol actually is right now: devnet-proven vs reviewed, and the honest list between here and mainnet.
- Security & audit statusWhat's devnet-proven and internally audited today, and the plain, unsoftened truth about third-party audit status.
- Verify it yourselfHow to check the protocol's claims directly — the public verified-build mirror and what's independently checkable on-chain.
- For buildersThe integrator surface: program IDs and IDLs, the public read API, how to verify a deployed build, and how to check a single fill yourself.
Deep dives
- The conflict of interest, removedIn a normal prop firm your profit is the firm's expense. Here the operator is paid out of your payout, and earns nothing from it when you fail. The exact split, and where the alignment stops.
- How the risk engine thinksThe ARE's eight live signals, why it doesn't overreact to noise, and the two structural limits that keep it honest.
- How settlement actually worksThe five specific proofs, each one closing one specific way a firm could try to cheat a settlement.
- How fills are actually fairThe price pipeline, the seeded RNG behind every fill, and what the provably-fair guarantee does and doesn't cover.
- How integrity detection worksA high-level look at how the protocol catches coordinated abuse across firms, deliberately without exploitable specifics.
- How the giveaway draw is fairThe daily giveaway's commit-reveal draw, the whale-dampened odds, and why nobody, including us, can pick the winner.
- How the happiness score worksThe four measured components behind the public 0–100 happiness score, and why an operator can't write it.
- How the treasury health split worksAs a firm's treasury fills, each new evaluation fee automatically redirects from the vault to the operator, stakers, buybacks, and the shared safety pool. The five zones, the numbers, and what each stakeholder gets.
For traders
- For tradersStart here if you're trading on the protocol — the same core rules apply no matter which firm you choose.
- Your wallet hubOne record across every firm your wallet has traded at, and the two screens built for deciding where to trade next.
- Choosing a firmWhat actually differs firm to firm (price, split, leverage) versus what's identical everywhere.
- Reputation across firmsWallet Standing follows your wallet across every firm on the protocol, not any single one.
- Trader protectionsThe guarantees that hold no matter which firm you picked — locked rules, provably-fair fills, a payout waterfall.
- Trader FAQ28 questions traders ask about the protocol, grouped by theme, written across every firm rather than one storefront.
Beyond the evaluation
- Earning points on XThe one way to earn airdrop points without spending, and the two ceilings that keep it from being farmed.
- Trading from TelegramThe firm bot as a full storefront and terminal, and the one custody trade-off to understand before your first deposit.
- Prediction marketsParimutuel pass/fail pools on real evaluations, settled by the same engine that decides the account itself.
- GamesThe community games lobby: four on-chain-settled games with verifiable fairness, sized as entertainment.
For firm operators
- Operating a firmWhat you control versus what's platform-locked, and where to start if you're launching a firm.
- Launching a firmCost tiers, what the launch fee sets up automatically, and the two-phase deploy-then-launch process.
- Operator economicsHow an operator actually earns: fee share by tier, vesting, and what the treasury is really for.
- Operator economics, workedOne firm, Growth tier, first ninety days at real numbers — what the launch fee buys back, what you actually take home, and the three ways it goes wrong.
- Growing your firmPricing controls, the affiliate program, and built-in marketing automation for growing a firm.
- Operator risk & lifecycleThe risk engine from an operator's view, the security bond, and why there's no voluntary firm shutdown.
- Operator FAQ33 questions firm operators ask, covering cost, control, liquidity, risk, growth, and firm lifecycle.
For stakers
- For stakersStaking $FIRMA for yield: the difference between no-risk and backstop staking, and what to expect from each.
- Staking economicsHow no-risk and backstop staking are actually paid, and the anti-bank-run controls protecting backstop capital.
- Staker FAQWhat stakers ask before committing capital: real risk, yield mechanics, withdrawal timing, and bankruptcy exposure.
For affiliates
Reference
- FAQStart here, then branch to the dedicated trader or operator FAQ for real depth.
- GlossaryEvery protocol-specific term used across this documentation, defined in one place.
- Legal & disclosuresWhat this documentation is and isn't, and what's still being finalized ahead of mainnet.
- ChangelogWhat's changed on this documentation site, with the date each page was last checked against the protocol.
The vision
Legal
- Privacy policyWhat data the protocol collects, what stays on-chain permanently, and what you can ask us to delete.
- Risk disclosureWhat you are buying with an evaluation fee, what you can lose, and what is not guaranteed.
- Token disclaimer$FIRMA and $DPROP: different tokens, different mechanics, neither offered as an investment.
- Operator terms of serviceThe terms a firm operator runs under, and the fact that no company has been formed to issue them yet.
- Operator compliance postureExactly what an operator controls and what the protocol controls, so your own lawyer can answer the licensing question.
- Upgrade authority policyWho can replace the on-chain programs today, where that control is going, and the one lever a revoke would not close.