The rules
| Rule | Limit | What it means |
|---|---|---|
| Daily drawdown | 4% | Your equity can’t drop more than 4% from the day’s starting balance |
| Max loss | 6% (static) | Your equity can’t drop more than 6% below your starting balance |
| Profit target | 10% | You pass when you reach +10% |
| Minimum trading days | 5 | You must trade on at least 5 distinct days |
| Profit concentration cap | 40% | No single trade can account for more than 40% of total profit |
How rules are enforced
A Rust engine monitors your Bybit account continuously — not a human reviewer checking after the fact. An oracle posts your equity and the pass/fail verdict to Solana roughly every 60 seconds during active hours. This matters: enforcement is automatic and visible. There’s no discretionary review where a firm decides after you’ve succeeded that you broke a rule.Why these specific numbers
The ruleset isn’t arbitrary. HyroTrader iterated on challenge models across multiple cohorts over five years. The current parameters are tuned for two goals at once: help traders build genuine risk-management discipline, and avoid over-restricting legitimate strategies.Why 5 minimum trading days?
Why 5 minimum trading days?
Fraud prevention. Arbitrage rings target firms with no minimum, passing on a single high-conviction trade and extracting payouts on accounts they never genuinely earned. Five days forces multi-session demonstration of risk discipline — short enough not to block legitimate traders, long enough to filter exploits.
Why a 40% profit concentration cap?
Why a 40% profit concentration cap?
It prevents passing on one outsized gamble. Genuine skill shows up across multiple trades, not a single lucky position.
Rule version pinning
Your evaluation runs under a specific rulebook version (e.g.v1.0). The version is recorded on-chain when you buy the challenge.
- Challenges purchased under
v1.0are evaluated againstv1.0rules even afterv1.1is published. - Every rule change is documented in a public changelog with date, scope, and rationale.
Outcomes
Pass — you reach +10% within the rules, across at least 5 trading days. You move to the funded demo at Tier 1 (80/20 split).
Next: the funded demo
What changes once you pass, and how Tier 1 / Tier 2 splits work.