🔍 Project Name
HyperPNL
🛠️ Description
HyperPNL is a decentralized prop trading protocol where traders compete in onchain challenges and earn performance-based rewards. It solves the inefficiencies of traditional prop firms by offering a transparent, skill-based, and permissionless alternative built entirely onchain.
💡 How It Works
HyperPNL operates similarly to traditional prop(funded) trading firms — but everything is executed fully onchain, without intermediaries or trust assumptions.
1. Buying a Challenge
Traders pay a fee (e.g., $100 or $1000) to enter an onchain evaluation challenge.
75% of the fee goes to the Treasury Pool, which funds real trading accounts.
25% is collected as protocol revenue.
2. Evaluation Process
Traders complete a two-phase trading challenge using demo capital under strict rules:
📈 Profit Target: 10%
📉 Max Drawdown: 10%
🚫 Daily Drawdown Limit: 5%
⏳ Duration: 30 days
⚖️ Fair Trading Rules: No over-leverage, consistent sizing, and no luck-based strategies.Only those who meet all criteria advance to the funded stage.
3. Trading with Real Funds
Successful traders receive real capital from the Treasury Pool (e.g., $10K from a $100 entry).
75% of profits go to the trader.
15% returns to the Treasury Pool.
10% becomes protocol revenue.
4. Real Yield for Liquidity Providers
Investors can provide capital to the Treasury Pool and earn real yield, sourced from:
Challenge entry fees
A share of trader profits
Trading-related activity onchain
No token inflation. Just real, sustainable returns based on actual usage.
💻 Demo
🎥 Watch Demo Video (Replace with real link)
📂 Project Links
👥 Team
Berkay Hacifettahoglu – https://x.com/0xhfo
Atharva Amritkar – https://www.linkedin.com/in/atharvaamritkar