We are hotfixing a prod issue in the next 30 minutes. Expect 3 minutes of downtime
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We are hotfixing a prod issue in the next 30 minutes. Expect 3 minutes of downtime
Payout ATHs deserve to be celebrated.
25% off for the next 48 hours with code: PAYOUT.
https://x.com/ProprXYZ/status/2090385967089689081?s=20
New daily payout record.
25% off with code PAYOUT for the next 48 hours.
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The latest app update brings fees on TradFi assets down to match the underlying venue (trade.xyz). Combined with the earlier slippage configuration change, this meaningfully improves execution for traders.
Full fee schedule by asset: propr.xyz/universe
An app update is being conducted in the next hour. Expect 10 minutes of downtime
Propr traders just had their biggest day yet.
https://x.com/ProprXYZ/status/2090203781778579917?s=20
Propr traders got paid today.
- Total payouts: $105,798
- Number of payouts: 90
- Median processing time: 2 min
- Top 8 on Payout Junction 24H
Payouts are on-demand, onchain.
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We have improved our order execution system for the following instruments:
- GOLD (xyz:GOLD)
- SILVER (xyz:SILVER)
- SP500 (xyz:SP500)
- XYZ100 (xyz:XYZ100)
- CL (xyz:CL)
- BRENTOIL (xyz:BRENTOIL)
Previously, market orders on these instruments used a simulated fill algorithm that walked through multiple order book levels on Hyperliquid to determine execution prices.
Starting today, orders are filled at the top-of-book price (Level 1) with a transparent, size-based slippage model that reflects real-world CME execution costs.
Slippage is applied based on your order's notional value.
For example, for XYZ100 (xyz:XYZ100):
Up to $100,000, 0.09 bps
Up to $200,000, 0.1 bps
Up to $1,000,000, 0.12 bps
Slippage is applied adverse to your order direction (buys pay slightly above market, sells receive slightly below market) to reflect realistic market impact.
This brings us closer to industrial futures pricing, without relying on Hyperliquid's book depth. Note that the spread is the same outside of regular trading hours.
Before: A $100K market buy on Gold might have walked through 3-4 book levels with varying impact.
Now: Same order fills instantly at the best bid +0.23 bps
The fill methodology and breakdown has been added on propr.xyz/universe
For algo traders, you can read the slippage config here: https://api.propr.xyz/v1/exchange-assets/config/hyperliquid
Back up
Update ongoing, the app is down for the next 10 min
An app update is being conducted in the next hour. Expect 10 minutes of downtime
Propr turned four months old today.
Here's a 25% discount code from us to celebrate: 4MONTHS
https://x.com/ProprXYZ/status/2088245732968984602?s=20
Propr is four months old today.
25% off for the next 48 hours with code: 4MONTHS.
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The competition has come to an end. A massive thank you to everyone who participated, and huge congratulations to our TOP 50 winners! 🎉
⚠️ ACTION REQUIRED FOR WINNERS
We are unable to send rewards to winners who have not linked their wallet. If you finished in the Top 50, you must link your EVM wallet address as soon as possible to ensure you receive your rewards.
- Go to Settings > Payouts
- Click "Link Wallet"
$ASTER rewards will be distributed in the coming days.
Thank you for your patience and for making this tournament a success! 🫡
We’re aware of the issue causing unrealised PNLs to become stale. It’s a frontend issue, and we’re working on a fix now
The KYC issue is now fixed
If you missed the AMA, you can find the recording here: https://drive.google.com/file/d/1C2lDrTGedU9nIGX4PNj6n7ex4kwDJibV/view
Leverage limits have been increased for the following assets:
- BTC, up to 10x
- ETH, up to 10x
- SOL, up to 10x
- Nasdaq (XYZ100), up to 10x
- SP500, up to 10x
#🎙️・ [08.12] PROPR AMAWe are experiencing an issue with our KYC provider, Onfido. Whilst they are working on a fix, no new KYC verification can be completed. We expect this to be back up very shortly
We've hit the $500K payout mark. Congrats all round!
https://x.com/ProprXYZ/status/2087469112570040550?s=20
Over $500,000 has been paid to traders on Propr.
Payouts settle onchain, in USDC, in minutes.
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We're hosting a Propr AMA on Wednesday at 12 PM UTC.
We'll do a short presentation and then open the floor to questions.
Set your reminders below.
https://discord.com/events/1111607533883367535/1531589610038366288
We just had our single biggest payout, executed instantly, on chain.
Read here how it was handled operationally: https://x.com/louisregis/status/2086154862174114191?s=20
Very few firms discuss about risk management, we made it our expertise.
We just processed our single biggest payout to date (in 2 min): $10,125.28, and the exposure behind it was hedged at 80%, on-chain, on Hyperliquid.
Here's what happened: a trader put on a +$400k notional position on SPCX. Our algo, with no human intervention, read the prevailing
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Pro accounts and $200,000 accounts are now available.
https://x.com/ProprXYZ/status/2085694516154028298?s=20
Pro accounts are live.
Higher target. Lower one-time fee.
Additionally, $200,000 account sizes are now available.
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We're running a limited time campaign for new users who've traded with other crypto props.
If you'd like to use it to get referrals, make sure users sign up with your link first. Assets here.
https://x.com/ProprXYZ/status/2085403173846495639?s=20
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Trading with another crypto prop firm?
Get 30% off your first challenge and points on every purchase.
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The Aster x Propr Trading Tournament starts in 48 hours.
$10,000 in $ASTER up for grabs. Free entry for all.
https://x.com/ProprXYZ/status/2084611522655928830?s=20
The Aster x Propr Trading Tournament is here.
Free entry. $10,000 in $ASTER to win. Starts Thursday.
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Propr is now available in the United States.
https://x.com/ProprXYZ/status/2084323446746411279?s=20
Propr is now available in the United States.
2x points for the next 48 hours.
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