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The Challenge Vault is the path for traders without an existing track record. Pay an entry fee in USDC, trade under smart-contract rules, pass the evaluation, and get funded.

Structure

Hyro’s Challenge Vault uses a one-step structure by default: a single evaluation phase leads directly to a funded account. (A two-step structure with a 10% / 15% split is also configurable.)

Account sizes

You pay the evaluation fee in USDC. Gas is sponsored — you never need SOL.

What’s locked at purchase

When you buy a challenge, the rulebook version is written on-chain and pinned to your challenge. The rules you signed up for are the rules you’re evaluated against — even if the rulebook updates later. How the versioned rulebook works →

What you get when you pass

A funded demo account at Tier 1 (80% trader / 20% firm), paid in real USDC
The dual-track path: at +15%, a real-capital LP-funded vault opens in parallel
An on-chain track record you carry across vaults and seasons

Challenge Vault vs Direct Vault

Direct Vault path for verified managers →

Evaluation Rules

Every rule and how it’s enforced.

Getting Started

Sign up and buy your first challenge.