Guides
How prop trading evaluations actually work
Nine guides to the rules that decide whether you pass — drawdown, profit splits, evaluation structure, and what changes when a verdict is anchored on chain. Every figure quoted here is read from the same configuration the engine judges against.
How-to
How to pass a prop firm challenge
What actually ends evaluations, why the profit target is rarely the problem, and how to size positions so the drawdown floor never reaches you.
11 min read
How-to
How to calculate drawdown in a prop firm challenge
Daily and maximum drawdown worked line by line, including the static and trailing anchors that make one percentage mean two different accounts.
9 min read
How-to
How to get funded without depositing trading capital
What a prop evaluation fee actually buys, how it differs from a broker deposit, and what you are and are not risking when you pay one.
8 min read
Explainer
What is a prop trading firm?
How proprietary trading firms work, how the modern evaluation model differs from the institutional trading desk it borrowed its name from.
10 min read
Explainer
1-Step vs 2-Step prop firm evaluations
How single and two-phase evaluations differ, what a ladder rung actually changes, and why the drawdown anchor matters more than the step count.
9 min read
Explainer
Prop firm profit splits explained
What a profit split actually pays, why a headline percentage can mean very little, and the conditions that decide what reaches your wallet.
8 min read
Onchain
What is an onchain prop firm?
How anchoring verdicts on a public chain removes the conflict of interest that sits inside every conventional prop firm evaluation.
10 min read
Onchain
Verifiable payouts on BNB Chain
How a merkle root turns a passing verdict into a payout you claim yourself, and why that removes the firm from the moment money moves.
9 min read
Onchain
Agentic and algorithmic trading evaluations
Why deterministic replay is the hard constraint behind machine-traded evaluations, and what an evaluation must guarantee before it can allow one.
10 min read