Trader FAQ

Questions traders ask, grouped by theme, written for the protocol as a whole rather than any one firm's storefront. Each links to the full page for depth.

Getting started

Do I need to pass KYC to trade?

That depends on the individual firm's own requirements, not something the protocol imposes uniformly. Check the specific firm's storefront.

Do I need a crypto wallet?

Yes. Payouts are delivered as a firm's own token, and the protocol is wallet-based rather than email/password-based.

Can I trade on more than one firm?

Yes. Firms are independent storefronts on the same shared protocol; nothing stops you from holding evaluations or funded accounts with more than one at a time (subject to the funded-account limits your wallet's standing allows, see Reputation across firms).

Does my trading history carry over if I switch firms?

Your on-chain does, see Reputation across firms. Firm-specific things like a storefront profile don't automatically transfer, but the reputation that actually affects your terms does.

How do I actually pick a firm?

Price, profit split, and leverage are the real differences, everything about the rules and your protections is identical everywhere. See Choosing a firm.

Is a cheaper evaluation less safe than an expensive one?

No. Price doesn't affect the rulebook, the fill fairness, or your payout protections, those are the same at every firm regardless of what it charges.

Trading & evaluations

Are the evaluation rules the same at every firm?

Yes. Profit target, drawdown, daily loss limit, and minimum trading days are fixed platform-wide and identical everywhere. See Evaluations & the rulebook.

Can a firm make its evaluation easier to pass than another firm's?

No. The pass criteria aren't a firm-configurable setting.

Is my trading real, or simulated?

Prices are real, live market data. The exposure is simulated, no order is ever routed to a real exchange. See How trading works.

If I fail my evaluation, is the fee gone?

Yes, at every firm. The evaluation fee is the real cost of the assessment and isn't refunded on a failed attempt.

Can I retry after failing?

Yes, there's no protocol-level limit on re-attempting an evaluation.

Why do the rules sometimes look slightly tougher on one firm than another?

A firm's own can add modest, automatic tightening (a slightly higher effective target, tighter drawdown, more minimum days) when that specific firm is under financial stress. It only ever tightens from the shared baseline, and only for evaluations bought during that stressed window, never on accounts you already hold. See The risk engine.

Getting funded & getting paid

How much of my profit do I actually keep?

Whatever split you're shown at the moment you purchase, locked into your account for its life. It can only ever move down later on profit above a size-based cap, never up, and never below what was shown to you. See Funded accounts & payouts.

How fast do I get paid?

A firm paying from its own healthy treasury settles a withdrawal in well under an hour. Your very first payout ever, on any firm, can be advanced instantly within tight caps rather than waiting the full settlement window.

What if the firm I'm funded with is going through a stressed period?

Your payout may be delayed and released on a schedule rather than instantly, but it isn't cancelled. Every earned dollar reaches you either way. See Trader protections.

What if a firm runs out of money entirely?

Payout capital is layered specifically for this: a firm's own treasury, its token reserve, , and a shared cross-firm pool. And a firm can't just close and disappear, if it ever fails outright, every trader it owes gets paid in full before anything else happens.

What's Wallet Standing and how does it actually affect me?

A reputation tier tied to your wallet, not any one firm, that loosens your payout caps and cooldowns as you build a track record of clean payouts over time. See Reputation across firms.

Why is part of my payout sometimes held back and released later instead of paid all at once?

If a request is larger than a firm's current payout cap allows, the allowed portion pays immediately and the rest is scheduled to release on the next cooldown, out of your tradeable account rather than staying exposed to further trading risk. Every dollar you earned still reaches you, only the timing moves.

Do I get paid in dollars, SOL, or something else?

You're paid in the firm's own token (), delivered directly to your wallet.

Trust & safety

Doesn't the firm make money when I fail? Why would it want me to win?

At a conventional prop firm, yes, and that's the industry's central problem. Here the firm operator is paid out of your payout: 30% of the stakeholder share, which works out to about 6% of your gross profit, delivered in the firm's own token. Fail instead and that number is zero, because the payout is the only thing that creates it. The conflict of interest, removed walks the full split, and is equally specific about where the alignment stops.