What is Hypernova?

Hypernova is an on-chain prop trading protocol built on Arbitrum that provides traders with funded accounts up to $200K after passing an assessment. It uses smart contracts for all core operations — account creation, rule enforcement, performance tracking, and payouts — ensuring full transparency and verifiability on-chain.The process starts with purchasing an assessment (with options for different sizes and risk tiers).

Traders must achieve a 10% profit target while staying within defined drawdown limits. Upon passing, they receive an immediate funded account with up to 80% profit share. Payouts are requested directly via smart contract (gas sponsored), processed instantly in USDC once positions are closed, with no discretionary holds.

Rules, equity updates, and every event are recorded immutably on-chain, backed by a public on-chain payout reserve. For users, it offers a trust-minimized way to access significant trading capital with only an assessment fee at risk, instant on-chain settlements, verifiable execution, and the ability to scale based on transparent performance without relying on centralized discretion.