A Hypernova “assessment” is what Propr calls a “challenge”: you pay a one-time fee, trade an evaluation account, and if you hit the target without breaching the risk limits, you move to a funded account with a profit split. The “25k” is the notional capital of the evaluation — not a deposit: the entry fee is the only money that leaves your pocket. Everything below was read on rulebook v1.1 (docs.hypernova.xyz) and in the app in late August 2026, and cross-checked against our own funded 25k account — including 9 real payouts taken between 28 and 31 August. Written September 1, 2026.
Before you buy
Account and wallet. Signing up creates an account with an embedded wallet: that is what receives payouts, before any withdrawal to your external wallet. No capital deposit — you never hand your trading money to the firm.
What you pay. A one-time fee in USDC, depending on the tier. Non-refundable if you fail.
The 4 tiers on $25,000, in dollars:
| Tier | Target | Target $ | Max DD | Floor $ | Daily | Daily $ | Fee |
|---|---|---|---|---|---|---|---|
| Tight | 9% | $2,250 | 3% | $24,250 | 3% | $750 | $120 |
| Low | 10% | $2,500 | 6% | $23,500 | 3% | $750 | $275–280 |
| Medium | 10% | $2,500 | 7% | $23,250 | 4% | $1,000 | $365 |
| High | 10% | $2,500 | 8% | $23,000 | 5% | $1,250 | check in-app |
Read 1 Sep 2026 on rulebook v1.1 and the app’s grid. The High tier shows as “restricted” on some reads.
How to read the tiers: the wider the allowed drawdown, the higher the fee — Tight gives you $750 of total room for $120; High gives you $2,000 of room at a price not displayed at our read. The target moves from 9% (Tight) to 10% (the other three). It is a trade-off between entry cost and breathing room; which one fits depends on how you trade, not on a ranking.
Access status. Check this on the day you buy: Hypernova announced its public opening on 14 August 2026, but its homepage also displayed “closed beta · invite only” on several of our August reads. Our account is active and the app reachable; describe the status YOUR screen shows, not a tweet.
Buying
The in-app flow, in order:
- Create the account and sign in — the embedded wallet is generated automatically.
- Open the purchase configurator, pick the $25,000 size.
- Pick the tier (Tight / Low / Medium / High) — fees display.
- Pay the one-time fee in USDC.
- The evaluation account appears on the dashboard with its gauges.
What is locked at purchase: per the rulebook, the account’s rules (target, limits, tier) are written to a public contract at creation — the dashboard’s “On-chain State Updates” then list every account event (creation, equity updates, settlements) with an explorer link. That is the docs’ wording; the rule-enforcing contract is an upgradeable proxy, which their docs do not emphasise.
During the assessment
The target. 9% on Tight ($2,250), 10% elsewhere ($2,500). No time limit to reach it, no minimum trading days, no consistency rule.
The daily loss. 3 to 5% depending on tier, computed on the previous day’s close (EOD). On 25k Low: lose $750 on the day and the account is breached.
The max drawdown. Static — the floor does not move up with your gains — and measured on EOD closing equity per the rulebook: one measurement point per day. The difference with continuous measurement (floating included) matters: under EOD, an intraday wick through the floor that comes back does not breach; under live measurement, it does. It is a difference in measurement method, not in “generosity”.
Markets and leverage. ~141 perpetuals through Hyperliquid liquidity (crypto, stocks, commodities, pre-IPO) at our reads. Leverage is often quoted at 5x per symbol — confirm in-app for your market.
Automation. Bots on your own account are allowed. Copy trading and third-party signals are forbidden — that is a rule that closes accounts, not a footnote.
Inactivity. 3 months without a trade and the account freezes.
What closes the account. Breaching the daily, breaching the drawdown floor, or violating a usage rule (copy/third-party signals). A breach is final: fail and you buy a new assessment.
Pass → funded
Target reached without a breach: the account goes funded. The exact activation delay is not quantified in our reads — check in-app when you get there. What changes: there is no profit target any more; the tier’s risk limits keep applying per the rulebook. On our funded account, every payout was followed by an equity reset to $25,000.00 — the account restarts from its nominal size. Scaling beyond the initial size exists in the docs (“after review”); that is all they say.
Funded payouts — lived, not read
The split is 80/20: you keep 80% of withdrawn profit. The full journey, as we did it nine times between 28 and 31 August 2026 on our F2 account:
- Close the relevant positions — the withdrawable amount shows under “Withdrawable Profits”.
- “Request Payout”: enter the amount (25/50/75/Max buttons). The modal recaps the split — for a $478.44 request: “You receive $382.75”, and “Equity after payout: $25,000.00”.
- Confirm: the receipt is issued instantly, settlement runs through a smart contract to the embedded wallet. Firm-displayed average: 6.0s (min 2.0 / max 14.6).
- From the embedded wallet, withdraw externally to your address (Arbitrum network, gas on you for this leg).
Our 9 payouts, all “Paid” with a public hash on the dashboard (read 1 Sep 2026):
| Date | Amount requested | Tx |
|---|---|---|
| 28 Aug | $478.44 | 0x235e…cdd4 |
| 28 Aug | $275.13 | 0x19d0…bed2 |
| 28 Aug | $302.88 | 0x24a5…db07 |
| 28 Aug | $606.29 | 0x537d…233d |
| 29 Aug | $498.21 | 0x3af7…81c0 |
| 29 Aug | $126.85 | 0x69d3…a523 |
| 30 Aug | $102.54 | 0xcffe…d032 |
| 31 Aug | $404.92 | 0x3c9d…7373 |
| 31 Aug | $699.43 | 0xf0c0…ac88 |
Total requested: $3,494.69. On-chain arithmetic check: the $699.43 request settled 559.546701 USDC on Arbitrum (Success, 31 Aug 16:46 UTC) — exactly 80%, to the cent.
Minimum and caps: no minimum or cap was displayed on our withdrawal screens — verify on the day’s rulebook before relying on it. The reserve: the dashboard shows an on-chain “Payout Reserve” with an explorer link — $738,304 at our 1 Sep 2026 read, after $664,088 of payouts issued all-time. Read it yourself: it is a number to observe, not to interpret.
A → Z checklist
- Create the account + embedded wallet.
- Check the day’s access status on the homepage.
- Pick the 25k size, then the tier — note target $, floor $ and daily $ (table above).
- Pay the one-time fee in USDC.
- Trade within the limits — bots on your account ok, copy/third-party signals forbidden.
- Don’t go 3 months without a trade (freeze).
- Hit the target without a breach.
- Funded account: no target, limits stay.
- Close positions, request the payout (80/20 split), instant receipt.
- Withdraw from the embedded wallet to your address (Arbitrum, gas).
Sources
- Rulebook v1.1: docs.hypernova.xyz — read late August 2026
- App: app.hypernova.xyz (tier grid, Payouts page, dashboard) — read 1 Sep 2026
- Screens of our funded F2 account, 28–31 Aug 2026 (payouts, receipts, wallet)
- On-chain spot check: tx 0xf0c0…ac88 on Arbiscan, 31 Aug 2026
- Our coverage: Hypernova review · payout proofs
Want to verify for yourself? The app and rulebook are public. Open Hypernova — affiliate link.
Affiliate link. We earn a commission; it never changes what you pay — it is what funds your cashback.
Prop firm terms change. Check the rulebook and the app before any purchase. Some links on this page are affiliate links: we may earn a commission if you open an account through them, at no extra cost to you — it does not change the text. Leveraged trading carries a risk of loss; evaluation fees are non-refundable. Not investment advice.