Perps firms comparator
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53 differences
No active discount right now.
No active discount right now.
George Town, Grand Cayman
Anar Bayramov
United Arab Emirates
Cayman Islands
2025
No broker: in-house perpetual futures terminal. It does not say which exchange its prices come from.
Hypernova proprietary engine using Hyperliquid market data. Simulated trading; orders are not routed to Hyperliquid.
The fee is not refunded. Refunds only apply if Hash Hedge cancels the challenge before it starts or if you are charged twice by mistake (report within 7 days).
No fee: Hash Hedge covers the network fee of the USDT transfer.
No platform fee. Hypernova sponsors gas for USDC payouts on Arbitrum.
Every 14 days, with the account in profit and all positions closed. The commercial terms let you pick the payout day between 14 and 60 days after the first trade of the cycle.
On demand, 24/7, with no waiting period. Close positions and orders before requesting a payout; settlement in seconds.
72 hours: if a valid request is not paid within 72h, they pay triple.
The Crypto + TradFi market trades 24/7, weekends included, gold, oil and stocks too. The US Stocks account only trades while the US market is open.
$10,000 per account every 14 days.
$100. The Stage 1 reward can be withdrawn from $1.
No minimum; the account must be in profit.
5:1. On the US Stocks account it is a buying power of 5 times the balance for all positions combined.
Variable funding between traders: when longs dominate they pay shorts, and the other way round. It hits the balance at once and counts toward the daily loss.
Hourly funding on open positions, using Hyperliquid rates.
- +10% Profit Split: raises the split from 80% to 90%.
- Daily Loss Protection: once per challenge, hitting the daily loss closes positions and resets the limit instead of failing. Also works when funded; it does not cover the total loss.
Both cost more on larger accounts.
Optional 90% payout split selected when purchasing a new account; costs 15% of the base assessment fee.
Scaling programme announced, not yet available. Nova Score is informational during beta.
Static, measured on the initial account size. Equity with open positions counts; hitting it closes positions and fails the account.
Static floor based on starting balance. Enforced in real time on equity, including open positions. Touching the limit permanently closes the account.
80%, or 90% with the +10% Profit Split add-on.
Fixed amount on the initial size. Measured as current equity minus the start-of-day balance, open positions, fees and funding included. Resets at 00:00-00:13 (UTC+4) on Crypto + TradFi and 08:00-08:10 (UTC+4) on US Stocks.
Recalculated at 00:00 UTC from the balance at that time and enforced on equity. Payouts adjust the daily loss budget so withdrawals do not count as trading losses.
One funded account per size and market: up to $390,000 in Crypto + TradFi (5K to 200K). US Stocks count separately, up to $190,000.
No limit during evaluation. Funded: one account per size and market; a 1-Stage and a 2-Stage of the same size count as the same.
Up to 2 ongoing assessments. Assessments and funded accounts share the capital limit; demos are excluded.
No time limit.
No time limit, subject to the inactivity rule
3 on the 1-Stage challenge and 5 in each stage of the 2-Stage. Any day you open at least one position counts.
No minimum
HH Coins: cashback on purchases paid in USDT or USDC, at a rate Hash Hedge sets at each time. Only usable on challenges or add-ons; not withdrawable.
None.
In-house terminal with no API or EAs. The terms forbid bots, scripts and automation tools.
Self-built bots and strategies on a single account; no third-party signals or off-the-shelf evaluation strategies.
VPN use to bypass jurisdiction restrictions is prohibited.
Allowed within one account. Forbidden across accounts or between coordinated traders, correlated assets such as BTC and ETH included.
Permitted within the same account in hedge mode. Hedging across Hypernova accounts or with other firms is prohibited.
Size limit per instrument, leverage included: BTC, ETH or SOL up to $250,000 per position and $500,000 in total; most altcoins $5,000. US Stocks: up to 10,000 shares per ticker.
Per-symbol leverage and notional position-size caps, published in Markets and the terminal.
They may close the account if it is not activated within 30 days, after prior notice.
Account freeze after 3 months without trades.
Yes on Crypto + TradFi. On US Stocks everything closes at 23:59 (UTC+4): no overnight or weekend holds.
- Arbitrage exploiting errors, latency or delayed prices
- Manipulation (wash trading, spoofing, pump and dump)
- Bots, scripts and APIs to gain an edge
- Hedging across accounts or between coordinated traders
- Sharing or selling the account
Prohibited: cross-account arbitrage or hedging; third-party signals and copy trading; off-the-shelf evaluation strategies; account sharing or multiple accounts from one household, device or IP without approval; exploiting errors, latency or pricing; identity fraud; insider trading and front-running; materially switching strategy after funding; strategies that cannot be replicated in live markets or exploit simulation; conduct creating legal risk or breaching provider terms.



















