The four pillars
1
Track record
6 months minimum continuous history · $50,000+ realized PnL · max drawdown under 15% trailing 6 months · Sharpe > 1.0 or comparable.
2
Identity
KYC for individuals, KYB for entities. Source-of-funds attestation required for entity applicants.
3
Strategy disclosure
What you trade, time horizon, leverage approach, and risk parameters.
4
Manager commitment
A 5% skin-in-the-game stake (of expected initial TVL), locked 3 months minimum, publicly visible on-chain.
Eligibility at a glance
Application process
1
Apply online
Submit track record, strategy, and identity documents at hyro.network.
2
Admin review (1–2 weeks)
Track-record verification and strategy assessment.
3
KYC / KYB (1–2 weeks, parallel)
Processed by a qualified third-party provider.
4
Strategy interview (~1 hour)
Video call with the Head of Trading or a designated reviewer.
5
Decision
Final approval or structured feedback.
By applicant type
The framework adapts to four classes; eligibility is the same, but documentation and review depth scale with entity complexity:Backtest disclosure
Backtests are optional and LP-facing only. They’re displayed alongside live performance so LPs can compare your stated framework against live results — but they’re never used for protocol enforcement. Markets change and strategies deviate from backtests; outperforming or underperforming a backtest never triggers enforcement. Decisions are based on live performance and the on-chain risk limits you set.
Next: configure your vault
Every parameter you control at creation.