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At +15% cumulative demo profit, a real-capital, LP-funded vault opens in parallel with your Tier 2 demo. This is where you scale past any firm balance-sheet ceiling.

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What opens

1

A vault PDA on Solana

Auto-created on-chain. Your execution rights are constrained by policy — you never hold custody of the capital.
2

Firm seed

HyroTrader seeds the vault with 10% of your starting demo size — 2.5k for a 25k demo, 5k for 50k, 10k for 100k.
3

A new Bybit sub-account

Provisioned for real trading.
4

LP deposits open

LPs can deposit on top of the seed from minute one.

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The split

On the real-capital vault, the performance fee splits:
RecipientShare
You (trader)80%
LPs (carry)15%
Protocol5%
The fee is high-water-mark protected with a per-LP cost basis — so an LP is never charged twice on the same gain, and each LP’s fee is measured against their own entry NAV.

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Running both surfaces

Demo (Tier 2)

Steady, predictable USDC payouts at the 50% split. Simulated balance, real payouts from the fee pool.

Real-capital vault

Real-money A-book trading on Bybit, scaling with LP deposits, at the 80% split. HWM-protected, programmatically-enforced drawdown.
There is no “graduation event.” You don’t lose the demo — you gain an additional LP-funded capital layer. Scaling is by performance.

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What LPs see

When your vault opens, LPs can evaluate it before depositing. These metrics are always public and cannot be hidden:
  • NAV (updated ~every 60 seconds), total AUM, drawdown
  • Realized returns and payouts
  • Performance fee rate
  • Your skin-in-the-game stake
Your live positions can be public, aggregate-only, or time-delayed — your choice — to protect strategy from copy-trading bots. Visibility modes →

How payouts settle

On-chain payout mechanics and how to verify them.