Protocol overview
DecentralProp is a decentralized prop-firm funding protocol built on Solana. It lets anyone launch a funded-trading firm, evaluations, funded accounts, payouts, on a shared engine instead of building the infrastructure from scratch. Traders pay an evaluation fee, prove they can trade within a fixed risk rulebook, and get funded. Firms brand and price their own storefront. The protocol underneath is the same for everyone.
If you want the short version of why that's actually different from a normal prop firm before reading the mechanics, see What makes this different. And if you've seen firms here described as fully autonomous and want to know what that actually covers, The autonomous firm walks through every job a staffed firm hires for and what runs it here instead.
Three pieces make this work together.
. The execution engine every trade runs through. It fills orders against real, live market data, but the exposure itself never leaves the simulation, no order is ever routed to a real exchange. How trading works covers the mechanics.
The Autonomous Risk Engine (ARE). A control system that watches every firm's financial health and automatically tightens or loosens payout speed, evaluation difficulty, and leverage in response. Firms don't manage their own risk parameters; the ARE does, the same way for every firm on the platform. See The risk engine.
On-chain settlement. Trade history, payouts, and firm treasuries are anchored on Solana through five programs, not a backend database an operator can quietly edit. Settlement is provable, and a fraudulent settlement can be challenged and slashed. See On-chain architecture & trust.
Firms are skins on one engine
A "firm" on DecentralProp isn't a separate piece of software. It's a configuration, brand, storefront, pricing, on top of the same SimCore engine, the same ARE, and the same on-chain programs every other firm uses. An operator launches by paying a one-time deployment fee, which mints the firm's own token and seeds its treasury (see Tokenomics & liquidity), then sells evaluations against the platform's fixed rulebook (see Evaluations & the rulebook).
This is why the core trading rules, profit target, drawdown limits, minimum trading days, are identical across every firm: they're platform-fixed, not something an operator can loosen to sell more evaluations. What differs firm to firm is branding, pricing within a guided range, and which account sizes are currently on offer.
The vocabulary, in one place
| Term | Meaning |
|---|---|
| Evaluation | A paid trading assessment against the fixed rulebook. Pass it, get funded. |
| Funded account | A simulated account a trader trades after passing an evaluation, real payouts, simulated market exposure. |
| Firm | A branded storefront (an evaluation + funded-account product) deployed on the shared protocol. |
| A firm's own token, minted at launch, used to fund and deliver payouts. | |
| Outside capital voluntarily staked behind a firm as payout collateral, in exchange for yield. | |
| A cross-firm shared liquidity pool, funded by a slice of every firm's fees. |
The full list lives in the glossary. If you're trading on the protocol rather than running a firm, For traders covers choosing a firm, your protections, and how your reputation carries across every firm you use. If you're launching or running a firm, Operating a firm covers cost, control, and what running one actually looks like.
If you'd rather read the whole thing end to end, with the proofs and the numbers, that's the technical whitepaper: the trust model layer by layer, every fee leg, both tokens, the risk engine's invariants, and the simulation results behind them.