Propr is a crypto prop firm launched in 2026 that runs entirely on Hyperliquid, an on-chain perpetuals exchange. Rather than routing trades through a centralized broker, every position, trade, and payout settles directly on-chain and can be independently verified by anyone. Propr also publishes its pass rates and revenue figures publicly, which is a level of transparency most traditional prop firms do not offer.
Traders currently choose between two live 1-step evaluation types. Classic asks for a 10% profit target with a 3% daily loss limit and a 6% static max drawdown, for a $275 entry fee. Turbo is a faster, tighter option: a 9% target with the same 3% daily loss limit but a stricter 3% static max drawdown, for $125. A third option, Pro, with a 12% target and 5% max drawdown, is listed as coming soon. None of the current plans carry a time limit, a minimum number of trading days, or a consistency rule.
Once funded, traders keep a flat 80% of profits. Payouts are on-demand with no scheduled waiting period, settle in USDC directly on-chain, and average about 5 hours to arrive. The minimum withdrawal is $20 and there is no cap on how many payout requests a trader can make.
Rating Breakdown
Pros
- Every trade and payout is verifiable on-chain
- Publishes pass rates and revenue publicly, unusual for this industry
- Flat 80% profit split with no scaling conditions
- No time limit, minimum trading days, or consistency rule
- On-demand payouts averaging about 5 hours
- 200+ tradeable assets across crypto, equities, and commodities
- Full REST API supports algorithmic and autonomous trading
- Lower-cost Turbo option at $125
Cons
- Launched in 2026, so there is no long-term payout track record
- Only the $25,000 account tier has fully published terms
- Only 1-step evaluations are currently available
- Pro plan is listed but not yet live
- Tied entirely to Hyperliquid’s uptime and liquidity
- No financial regulation
Evaluation Plans and Pricing
Challenge Rules
| Evaluation type | 1-Step (Classic or Turbo live; Pro coming soon) |
| Profit target | 10% (Classic), 9% (Turbo), 12% (Pro, coming soon) |
| Daily loss limit | 3%, across all current plans |
| Max drawdown | 6% static (Classic), 3% static (Turbo), 5% (Pro, coming soon) |
| Time limit | None |
| Min. trading days | None |
| Consistency rule | None on any current plan |
Payouts
| Profit split | 80% flat, across all account types |
| Payout frequency | On-demand, no scheduled waiting period, unlimited requests |
| Payout speed | About 5 hours average |
| Minimum withdrawal | $20 |
| Settlement | USDC, directly on-chain |
Platform and Trading Conditions
| Platform | Hyperliquid, on-chain perpetuals exchange |
| Instruments | 200+ perpetual assets across crypto, equities, and commodities |
| API access | Full REST API, supports algorithmic and autonomous trading agents |
| Account sizes | $10,000 to $200,000 referenced; only the $25,000 tier has fully published terms |
Frequently Asked Questions
Is Propr a legitimate prop firm?
Propr launched in 2026 and operates entirely on Hyperliquid, an on-chain perpetuals exchange. Every trade and payout is publicly verifiable on-chain, and Propr publishes its pass rates and revenue in real time, which is more transparency than most traditional prop firms offer. That said, it is a new firm with no long-term payout track record yet, and like nearly all prop firms, it is not regulated by a financial authority.
What evaluation types does Propr offer?
Propr runs three 1-step evaluation types. Classic requires a 10% profit target with a 3% daily loss limit and 6% static max drawdown, for $275. Turbo requires a 9% target with a 3% daily loss limit and 3% static max drawdown, for $125. A Pro tier with a 12% target and 5% max drawdown is listed as coming soon. None of the current plans have a time limit, minimum trading days, or consistency rule.
What is the Propr profit split and payout schedule?
Funded traders keep a flat 80% of profits across all account types. Payouts are on-demand with no minimum waiting period, settled in USDC directly on-chain, and average about 5 hours to process. The minimum withdrawal is $20, and traders can request unlimited payouts.
What platform and assets does Propr support?
Propr operates exclusively on Hyperliquid, giving traders access to more than 200 tradeable perpetual assets across crypto, equities, and commodities in a single custom terminal. It also offers a full REST API, which supports algorithmic and autonomous trading agents.
How big are Propr funded accounts?
Propr’s site references account sizes from $10,000 up to $200,000, though only the $25,000 tier has fully published terms at the time of this review. Confirm the exact account size and pricing for your target tier directly on Propr’s site before buying an evaluation.