FAQ

Questions about the protocol split by audience, each with its own dedicated, in-depth FAQ:

Trading on the protocol

Everything about evaluations, funded accounts, payouts, and safety, written for traders across every firm, not any one storefront: For traders, full FAQ at Trader FAQ.

Running a firm

Everything about launching, earning, growing, and operating a firm on the protocol: Operating a firm, full FAQ at Operator FAQ.

A quick starting point either way

• Is my trading real, or simulated? Prices are real, live market data; the exposure is simulated. See How trading works.
• Is this audited? Internally, extensively, and devnet-proven against real deployed code. An independent third-party audit hasn't happened yet, stated plainly in Security & audit status.
• Where does payout money actually come from? A layered waterfall, a firm's own treasury, its token reserve, backstop stakingBackstop stakingCapital voluntarily staked by outside investors as a firm's payout collateral, in exchange for yield. Drawn on only after a firm's own treasury and token reserve are exhausted., and a shared cross-firm pool. See Tokenomics & liquidity.