Prop firm DNAFunded has announced a significant update to its rapid evaluation terms. The popular 24-hour challenge has been modified to include a static drawdown, removing the complexities associated with dynamic or trailing loss limits.
Changes in Risk Management
The transition to a static drawdown model provides traders with more operational room. By not trailing the account's peak balance, this type of limit allows for managing positions with greater confidence, particularly for high-volatility strategies that require price breathing room.
Updated Challenge Features
- 24-Hour Window: Participants must prove their profitability within a single-day period.
- Static Drawdown: Increased flexibility by keeping the maximum loss level fixed.
- Trade and Paid: Upon passing the evaluation, traders are eligible for payouts of up to 10x the cost of the challenge.
This update is now live for all users looking to access capital quickly through this accelerated single-step evaluation format.
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