Propr is an on-chain prop firm built on Hyperliquid, funding crypto perpetual traders with no deposit beyond the evaluation fee. All execution is labeled A-book (routed to Hyperliquid, verifiable on-chain) or B-book (internal entry, same P&L outcome either way) right on your dashboard. Three evaluation models, Classic, Turbo and Pro, all 1-Step, plus a Classic 2-Step, across six sizes from $5,000 to $200,000.

New Here? Read This First

1. Every account runs on just two rules at all times: a max daily loss and a max drawdown, both equity-based (floating P&L counts). Touch either one and the account breaches immediately and permanently, no soft breach, no appeal.
2. Outside those two limits, almost nothing is restricted. No consistency rule, no time limit, no minimum trading days, no news trading or weekend holding restriction, no strategy restriction. You can pass in a single trade.
3. Pick a model first: Turbo is cheapest with the tightest 3% drawdown, Classic is the middle ground at 6%, Pro asks for a bigger 12% target with 5% drawdown room. 2-Step trades a trailing drawdown and two phases for a looser 5% daily loss limit.
4. Leverage is capped per asset, not account-wide, from 2x on minor crypto up to 25x on FX, and applied automatically.
5. KYC isn't required to start trading, only before your funded account activates and before any payout.
6. Aggregate funded balance across all your accounts caps at $300,000, on top of as many evaluation accounts as you want.

Which Model Should You Pick?

Model	Target	Max Drawdown	Tradeoff
Turbo 1-Step	9%	3% static	Cheapest fee, tightest drawdown room
Classic 1-Step	10%	6% static	The balanced default, widest static cushion
Pro 1-Step	12%	5% static	Highest target, drawdown room between Turbo and Classic
Classic 2-Step	5% → 10%	8% trailing	Two phases, looser 5% daily loss, drawdown trails your equity up

Pricing by Size

Size	Turbo	Classic 1-Step	Pro	Classic 2-Step
$5,000	$25	$60	$45	$50
$10,000	$50	$110	$85	$100
$25,000	$125	$275	$185	$250
$50,000	$245	$495	$355	$450
$100,000	$450	$999	$699	$749
$200,000	$899	$1,998	$1,399	$1,499

How You Get Paid

Funded accounts carry no profit target, just the same risk limits as the evaluation. Payouts are on-demand, any time, $20 minimum, processed within 24 hours in USDC on-chain. You keep 80%. A payout sweeps all profit above your starting balance and resets your balance and drawdown limit back to where you started.

Explore Every Plan

Classic 1-Step: $5K · $10K · $25K · $50K · $100K · $200K Turbo 1-Step: $5K · $10K · $25K · $50K · $100K · $200K Pro 1-Step: $5K · $10K · $25K · $50K · $100K · $200K Classic 2-Step: $5K · $10K · $25K · $50K · $100K · $200K

Tradable Instruments

Everything listed on Hyperliquid: crypto, equity, and commodity perpetuals, 140+ pairs, subject to per-asset leverage caps from 2x to 25x. See the Rules page for the full leverage table, prohibited conduct, and restricted countries.