# Hyro Protocol

> On-chain crypto prop trading. Verifiable. Scalable. Settlement on Solana.

## Docs

- [Audit & Security](https://docs.hyro.network/about/audit.md): How Hyro Protocol is audited and secured.
- [About Hyro Protocol](https://docs.hyro.network/about/index.md): The team and operator behind the on-chain prop trading layer.
- [Press & Recognition](https://docs.hyro.network/about/press.md): Coverage, awards, and community.
- [AI Agents SDK](https://docs.hyro.network/builders/ai-agents.md): Deploy autonomous trading agents as first-class managers on Hyro Protocol.
- [Building a Custom Fee Calculator](https://docs.hyro.network/builders/custom-fee-calculator.md): Implement calculate_fees to define any fee model — drop-in, no core changes.
- [Building a Custom Policy](https://docs.hyro.network/builders/custom-policy.md): Implement the validate CPI interface to author your own authorization rules.
- [Two-Phase Deposits & Withdrawals](https://docs.hyro.network/builders/sdk/lp-operations.md): Deposits, withdrawals, and claiming fees through the SDK.
- [Hyro Protocol](https://docs.hyro.network/index.md): On-chain crypto prop trading. Verifiable. Scalable. Settlement on Solana.
- [Deposits & Withdrawals](https://docs.hyro.network/lps/deposits-withdrawals.md): Exactly how capital enters and exits a vault, step by step.
- [Performance Fees & the High-Water Mark](https://docs.hyro.network/lps/performance-fees.md): How fees are calculated, and why you're never charged twice on the same gain.
- [Risks](https://docs.hyro.network/lps/risks.md): The honest version. Read this before depositing.
- [Vault Types](https://docs.hyro.network/lps/vault-types.md): Five ways to participate, from concentrated single-trader exposure to diversified pools.
- [Visibility & Privacy](https://docs.hyro.network/lps/visibility-privacy.md): What you can always see, and what a manager may choose to protect.
- [Why LPs Participate](https://docs.hyro.network/lps/why-lps-participate.md): Deposit USDC into verified-manager vaults and earn carry on real trading performance.
- [Direct Vault Overview](https://docs.hyro.network/managers/direct-vault-overview.md): LP capital on your terms, for verified managers with a track record. No challenge required.
- [Eligibility & Application](https://docs.hyro.network/managers/eligibility-application.md): Criteria, the application process, and requirements by applicant type.
- [Vault Configuration](https://docs.hyro.network/managers/vault-configuration.md): The parameters a manager controls at vault creation.
- [How It Works](https://docs.hyro.network/protocol/how-it-works.md): The full flow in plain language — from challenge to funded vault to LP carry.
- [What is Hyro Protocol?](https://docs.hyro.network/protocol/overview.md): Why on-chain prop trading exists, and what Hyro Protocol does differently.
- [Key Parameters](https://docs.hyro.network/protocol/parameters.md): Every decided parameter in one place. Encoded in smart contracts.
- [Program IDs](https://docs.hyro.network/reference/addresses.md): Program IDs and key references for the protocol.
- [Architecture Overview](https://docs.hyro.network/reference/architecture.md): The stack, the on-chain/off-chain boundary, and how the pieces fit.
- [Fee Collection Mechanics](https://docs.hyro.network/reference/fee-architecture.md): Buckets, the two-hop CPI, charge vs. claim, and the high-water mark.
- [Oracle Infrastructure](https://docs.hyro.network/reference/oracle.md): How NAV gets from Bybit onto Solana, and the safety checks that guard it.
- [Policy Programs](https://docs.hyro.network/reference/policy-programs.md): The eight shipped policies, their program IDs, and what each enforces.
- [Program Topology](https://docs.hyro.network/reference/program-topology.md): How the core, policies, and fee calculators connect over CPI.
- [Dynamic Position Rebalancing](https://docs.hyro.network/reference/rebalancing.md): How positions rescale atomically with capital changes to hold LP leverage constant.
- [Validation CPI](https://docs.hyro.network/reference/validate-cpi.md): The validate(ValidateOperation) interface, discriminator, account layout, and the 13 operations.
- [The Vault Primitive](https://docs.hyro.network/reference/vault-primitive.md): The core Vault and Transaction structs, PDAs, and the non-custodial security triangle.
- [Audit](https://docs.hyro.network/resources/audit.md): The Ackee Blockchain engagement and security stack.
- [Decentralization Status](https://docs.hyro.network/resources/decentralization.md): What's on-chain today, what's planned, and exactly when it changes.
- [Glossary](https://docs.hyro.network/resources/glossary.md): Key terms used across Hyro Protocol.
- [Roadmap](https://docs.hyro.network/resources/roadmap.md): The phased path from devnet to a fully decentralized protocol.
- [Challenge Vault](https://docs.hyro.network/traders/challenge-vault.md): Pay an entry fee, pass a single evaluation, and get funded.
- [Dual-Track Unlock](https://docs.hyro.network/traders/dual-track.md): What opens at +15% and how LP capital lets you scale past the firm's balance sheet.
- [Evaluation Rules](https://docs.hyro.network/traders/evaluation-rules.md): Every rule, what it means, and how it's enforced. Version-pinned on-chain.
- [Funded Demo (Tier 1 & 2)](https://docs.hyro.network/traders/funded-demo.md): What changes once you pass — and how Tier 1 and Tier 2 splits work.
- [Getting Started as a Trader](https://docs.hyro.network/traders/getting-started.md): What you need and how to begin trading on Hyro Protocol.
- [Payouts](https://docs.hyro.network/traders/payouts.md): How payouts settle on-chain, and how to verify every one.