Hypernova
On-chain prop trading protocol — get funded up to $200K, trade 150+ perpetual markets, and receive smart-contract payouts in seconds.
Hypernova is an on-chain prop trading protocol that delivers smart-contract payouts settling in less than 5 seconds — with every account record (rules, equity, and payout history) anchored on-chain and publicly verifiable.
Hypernova's terminal, analytics, and risk engine are built in-house and run on top of Hyperliquid's liquidity and execution, providing broad market coverage across 150+ perpetual markets (100+ crypto perpetuals and 50+ TradFi perpetuals) and a professional-grade trading suite engineered for trader success.
Risk Parameters
All assessment tiers share the same profit target and leverage cap. The difference is how much drawdown room you get.
| Risk Tier | Daily Loss Limit | Max Drawdown | Availability |
|---|---|---|---|
| Low | 3% | 6% | All Users |
| Medium | 4% | 7% | All Users |
| High | 5% | 8% | Restricted |
Profit target is 10% across all tiers and sizes. Maximum leverage is 5x.
Assessment Fees
Assessment fees: from $60, varies by tier/size. Account sizes range from $5K to $200K across Low/Medium/High risk tiers; the highest published fee is $1,850 (Low risk, $200K), with higher tiers listed as TBD.
Payouts
Submit a payout from your funded account dashboard. The smart contract settles it on-chain in about 5 seconds — measured from the moment you request to USDC arriving in your embedded wallet on Arbitrum. Traditional prop firms typically take 24+ hours for the same process.
Smart Contract Transparency
Hypernova records your entire trading lifecycle on-chain. Your assessment account, funded account, the rules you trade under, the agreement you sign, and every payout you take are written to public smart contracts on Arbitrum that anyone can audit.
Hypernova operates the trading, risk, and settlement systems — but every account action is anchored on-chain, so you can independently verify your rules, equity, and payouts instead of relying on the firm's word alone.
Every account: Both assessment and funded accounts are created as records on the smart contract. There is no hidden ledger.
Every rule: Drawdown limits, profit targets, daily loss caps, and starting balance are written into the contract when your account is created.
Every signature: Accepting your funded-trader agreement produces a cryptographic signature that is verified on-chain before your account goes active.
Every payout: Profit splits, transaction hashes, and vault balances are published to the chain in real time and queryable by anyone.
Network Details
| Detail | Value |
|---|---|
| Network | Arbitrum (Arbitrum One) |
| Settlement Asset | USDC |
| Gas | Sponsored by Hypernova for all platform actions |
| Wallet | Embedded — created automatically at signup, fully owned by you |
Active Addresses
Hypernova runs on two smart contracts, backed by one Hypernova-controlled reserve wallet. All three live on Arbitrum One and can be inspected on Arbiscan at any time.
These smart contracts enforce the rules in code. Anyone can read them, and Hypernova cannot alter your recorded rules or release more than your earned profit off-chain.
Funding & Backing
Hypernova closed a $3 million pre-seed round led by Lemniscap, with participation from Very Early Ventures, CMS Holdings, and Pivot Global. Angel investors from across the Hyperliquid ecosystem also joined — including Maximilian Fiege (co-founder of Native Markets), "Ericonomic" of Kinetiq, "Huf" of Pear Protocol, and Kirby Ong, Noel Tan, and "Velocity," co-founders of HypurrCollective.
The HypurrCollective co-founders participated through their group on Echo, the on-chain capital-raising platform founded by Jordan "Cobie" Fish and later acquired by Coinbase for $375 million.
Competitive Landscape
Hypernova operates alongside several crypto-native prop trading firms, including Breakout (recently acquired by Kraken), HyperPnL, Propr, and Upscale Trade.
Team
The London-based team currently numbers seven. Co-founder and CEO Anar Bayramov previously led DeFi investments at RockawayX, where his portfolio included early backing of Breakout. Co-founder and CTO Nijat Bakhshaliyev was previously a senior engineer at Coinbase and Citi.
Hypernova plans to add a quantitative researcher and developer to the team in the near term.
Jurisdiction: Hypernova's operating entity is registered in the Cayman Islands, while the team is based in London.
"The vision is big, and we're not going to pretend otherwise. Attracting world-class traders, building the tech, designing the right incentive structures — none of this is easy, and we're early in all of it. If we get the incentives right and the product right, there's a path where Hypernova becomes a globally distributed trading firm that rivals the biggest names in the industry. That's the bet we're making."
— Anar Bayramov, Co-founder & CEO