Propr has not launched its prediction-market prop firm yet, but it has already published the whole offer: a one-step evaluation with a 20% profit target, a 10% static drawdown, fees from $200 to $1,600 and an 80% profit split on Polymarket and Hyperliquid HIP-4. Only a waitlist is open — no launch date has been announced.
The facts in brief
- • Evaluation fees published: $200 (5K) to $1,600 (100K), one-time
- • Profit target 20% — double the 10% on Propr's perpetuals evaluation
- • 10% static max drawdown, 6% daily loss, position capped at 10% of the account
- • 80% profit split, on-chain payouts, no time limit
- • Markets listed only above $500,000 of open interest
- • Status on 25 July 2026: waitlist only, roadmap phase “Q4 2026+”
What Propr has actually confirmed
Most coverage of this product still says “announced for Q4 2026, no details”. That was true a few weeks ago. It isn't any more: Propr's prediction-markets page now carries the complete pricing grid and rulebook, with a waitlist button instead of a checkout. Here is the grid as published:
| Account | Evaluation fee | Profit target | Max drawdown |
|---|---|---|---|
| $5,000 | $200 | 20% | 10% static |
| $10,000 | $380 | 20% | 10% static |
| $25,000 | $750 | 20% | 10% static |
| $50,000 | $1,200 | 20% | 10% static |
| $100,000 | $1,600 | 20% | 10% static |
Two numbers deserve attention. The 20% profit target is twice what Propr asks on its Classic 1-Step perpetuals evaluation (10%, see the full Propr data sheet). And the 10% maximum position sizeis a rule that doesn't exist on the perps product at all — it's there precisely because a prediction market resolves to zero or one, with no gradual path down.
Why the rules had to change for binary outcomes
On a perpetual future, a losing trade bleeds. You watch equity slide and a drawdown limit stops you before the account dies. A prediction market doesn't behave like that: a position at 0.62 can go to 0 on a single resolution, instantly and permanently. A stop-loss cannot save you, because there is nothing between the last traded price and zero.
That's why the 10% position cap matters more than the headline target. With a 10% static drawdown and a maximum of 10% of the account per position, a fully-lost single market takes exactly the whole drawdown allowance — one resolution can end the run. Sizing is not a comfort setting here; it is the rule that keeps you alive. Anyone coming from perps should read that cap as “you get one catastrophic call, ever”.
How it compares to the firms already live
Propr is not first here, and pretending otherwise would be useless to you. Three competitors are already taking traders while Propr collects emails:
| Firm | Status | Max funding | Split | Venue |
|---|---|---|---|---|
| Propr | Waitlist | $100,000 | 80% | Polymarket + Hyperliquid HIP-4 |
| PropMarket | Live (May 15, 2026) | $250,000 | up to 90% | Polymarket |
| PolyFunded | Live | $200,000 | up to 90% | Polymarket + crypto |
| FundedPoly | Live | Not published | 80% | Polymarket |
On headline numbers, Propr loses. PropMarket advertises up to $250,000 and up to a 90% split and has been live since May 15, 2026; PolyFunded offers up to $200,000, also up to 90%, with on-chain USDC payouts. Propr brings $100,000 and 80% — and isn't open.
What Propr has instead is the thing that decides whether you actually get paid: a published rulebook you can read before paying, on-chain settlement you can verify on an explorer, and a single account that will cover perpetuals and predictions with shared airdrop points. The competitors' headline numbers are bigger; their published rules are thinner. Which matters more depends on whether you've ever argued with a prop firm about a breach.
What is still not announced
Being explicit about the gaps is the point of this page — a roadmap is not a fact. As of 25 July 2026, Propr has not announced:
- a launch date, beyond the “Q4 2026+” roadmap phase;
- the size of the waitlist discount;
- whether prediction-market volume will earn $PROPR points, and at what rate;
- whether the funded stage keeps the same 10% position cap;
- how a disputed Polymarket resolution would be handled on a funded account.
That last one is the question I'd want answered before paying anything. Polymarket resolutions have been contested before, and a funded account sitting on the wrong side of a slow resolution is a scenario no prediction-market prop firm has publicly documented yet.
Should you join the waitlist?
Joining costs nothing and locks the launch discount, so the decision isn't really about Propr — it's about whether prediction markets suit you at all. They reward people who can price a probability: sports bettors, quants, political analysts. They punish chartists, because there is no trend to read on a binary contract.
If you want funded capital now, the honest answer is that a live competitor serves you better today. If you already trade Propr's perpetuals and want one account, one rulebook and one points balance, waiting is defensible. I'll update this page the day the product opens — including whatever the discount turns out to be.
Update log
July 25, 2026 — First publication. Grid, rules and waitlist verified directly on propr.xyz/market/prediction. No launch date announced.
FAQ — Propr and prediction markets
Is Propr's Polymarket prop firm live?+
No. As of 25 July 2026 it is a waitlist. Propr has published the full evaluation grid and rules on its prediction-markets page, and its roadmap places the product in the Q4 2026+ phase, but no launch date has been announced. Waitlist members are promised the largest launch discount.
How much does a Propr prediction-market challenge cost?+
The published grid runs from $200 for a $5,000 account to $1,600 for a $100,000 account, as a one-time fee ($380 for $10K, $750 for $25K, $1,200 for $50K). These are waitlist prices and could change at launch.
What are the rules on Propr's prediction-market evaluation?+
One step: a 20% profit target, a 10% static max drawdown, a 6% daily loss limit and a maximum position size of 10% of the account, with no time limit. That target is double the 10% asked on Propr's perpetuals evaluation, and the position cap is specific to this product.
Which prediction markets can you trade?+
Propr states it will list markets on Polymarket and Hyperliquid HIP-4 with at least $500,000 of open interest — politics, sports, crypto and macro. The listing threshold matters: it filters out the thin order books where a funded account is hardest to exit.
Is Propr better than PropMarket or PolyFunded for prediction markets?+
Not on headline numbers. PropMarket advertises up to $250,000 and up to a 90% split, PolyFunded up to $200,000 and up to 90%, both already live — against $100,000 and 80% for Propr, which hasn't launched. Propr's argument is a published rulebook, on-chain settlement and one account across perps and predictions.
Trade Propr's perpetuals while you wait
The prediction-market product isn't open yet. The perpetuals one is — 80% split, on-chain USDC payouts, and the points still counting toward the August 24 snapshot. See every challenge priced.
Visit Propr.xyz⚠️ Sources: propr.xyz/market/prediction and propr.xyz/roadmap, both checked on 25 July 2026; competitor figures from each firm's own site on the same date. Prices and rules for an unlaunched product can change. Trading carries a high risk of loss and prediction markets are restricted in some jurisdictions. This page contains an affiliate link to Propr.xyz — Roya earns a commission on sign-ups, at no cost to you. Nothing here is investment advice.