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@tryferm was added to the hyperliquid prop firm comparison article by @hydromancerxyz
A good read if deciding which firm to start with
hydromancer.xyz/blog/prop-firm…
A good read if deciding which firm to start with
hydromancer.xyz/blog/prop-firm…
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carl retweeted
hyperliquid
trade[XYZ] and ICE, owner of the New York Stock Exchange, are joining forces to bring 24/7 perpetual futures on Hyperliquid to the United States.
In just over a year, our markets on Hyperliquid have surpassed $650 billion in volume. They provide continuous price discovery for stocks, indices, and commodities, and have become trusted reference points for retail and institutions alike when traditional markets are closed. Much of the world trades them. Until now, Americans could only watch.
We intend to change that. Subject to CFTC approval, trade[XYZ] and ICE plan to establish a new, dedicated U.S. market, with novel exchange and clearing infrastructure built on Hyperliquid. Planned contracts span equities, indices, commodities, FX, and crypto, with access through participating brokers and platforms. We’ll share more on products, eligibility, and timing as approvals progress.
ICE brings more than 25 years of experience operating regulated markets, clearing, and managing risk. trade[XYZ] brings the product development, market design, and technology behind the most liquid and robust markets on Hyperliquid.
Innovation and the protections of U.S. regulation shouldn’t be a trade-off. Together, we plan to prove it.
ICE is making a strategic investment in trade[XYZ] and joins us in building towards the future of Hyperliquid. A small group of market luminaries is joining as well, beginning with Stan Druckenmiller. For more than four decades, few investors have anticipated the great turns in markets as often as Stan. We’re proud to have him with us for the next one.
We’re building the U.S. market in parallel with our existing HIP-3 markets, which we’ll continue to expand and innovate on. We expect both to flourish. They each have a long road map ahead, from new asset classes to new ways to trade them.
To the Hyperliquid community, whether you were here before us or came because of us, thank you. You took a chance on new markets and you made them matter. You’ll forever be a part of this story.
Anything. Anytime. On ICE[XYZ].
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carl retweeted
The trading engine transparency dashboard is live
Every fill on Ferm, provably fair.
- Priced from Hyperliquid's live book via @hydromancerxyz
- The exact order book each fill used
- Cross-checked against Hyperliquid's public data
Check any fill yourself: tryferm.com/transparency
Every fill on Ferm, provably fair.
- Priced from Hyperliquid's live book via @hydromancerxyz
- The exact order book each fill used
- Cross-checked against Hyperliquid's public data
Check any fill yourself: tryferm.com/transparency
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carl retweeted
Ferm, a prop firm built on Hyperliquid, is going faster and more granular with Hydromancer data
capped risks with all the upsides, welcome to the prop firm season on Hyperliquid
capped risks with all the upsides, welcome to the prop firm season on Hyperliquid
Your terminal just got an upgrade
We’ve teamed up with @hydromancerxyz to bring you:
- Liquidation heatmaps
- Chase-limit orders
- 10+ new assets including NVDA, MU, AMZN
- Changeable leverage per asset
- Three new video pnl sharing cards
- Low-latency orderbooks/depth charts
- unt + more!
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Spent a lot of long hours building this terminal, excited to finally get it live today
Your terminal just got an upgrade
We’ve teamed up with @hydromancerxyz to bring you:
- Liquidation heatmaps
- Chase-limit orders
- 10+ new assets including NVDA, MU, AMZN
- Changeable leverage per asset
- Three new video pnl sharing cards
- Low-latency orderbooks/depth charts
- unt + more!
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carl retweeted
My Perpetual Prop Firm Tier List Ranked by Edge Using AI Agents. Zero Opinions, Just Data.
Every crypto prop firm tier list I see ranks firms based on opinions. I decided to backtest them instead.
54 plans, 348 account sizes and configurations, across 17 firms. Data from 2018 tested them:
Zero trading edge: Every trade direction was determined by a coin flip.
Same strategy across all firms: Only the rules changed.
Optimized per plan: Position sizing, markets, number of concurrent accounts, profit targets, and other parameters were optimized within each plan's rules.
All costs included: Every fee counted, the best publicly available promo codes applied, and every failed account repurchased.
The results?
Vest 2-Step 5K: +$200 profit per $100 spent on evaluation fees.
Size Prop 1-Step 5K: -$100 per $100 spent. Not a single payout.
Same coin flip. Same zero edge. Completely different outcomes.
Most firms actually pay a coin flip something. A few don't even return your initial investment.
One important warning:
Most of these firms are relatively new, and we are still early in their lifecycle.
This tier list ranks mathematical edge, NOT sustainability, trustworthiness, or reputation.
A profitable model on paper means nothing if the firm doesn't survive long enough to pay you.
Which perpetual prop firm and plan are you currently trading?
Every crypto prop firm tier list I see ranks firms based on opinions. I decided to backtest them instead.
54 plans, 348 account sizes and configurations, across 17 firms. Data from 2018 tested them:
Zero trading edge: Every trade direction was determined by a coin flip.
Same strategy across all firms: Only the rules changed.
Optimized per plan: Position sizing, markets, number of concurrent accounts, profit targets, and other parameters were optimized within each plan's rules.
All costs included: Every fee counted, the best publicly available promo codes applied, and every failed account repurchased.
The results?
Vest 2-Step 5K: +$200 profit per $100 spent on evaluation fees.
Size Prop 1-Step 5K: -$100 per $100 spent. Not a single payout.
Same coin flip. Same zero edge. Completely different outcomes.
Most firms actually pay a coin flip something. A few don't even return your initial investment.
One important warning:
Most of these firms are relatively new, and we are still early in their lifecycle.
This tier list ranks mathematical edge, NOT sustainability, trustworthiness, or reputation.
A profitable model on paper means nothing if the firm doesn't survive long enough to pay you.
Which perpetual prop firm and plan are you currently trading?
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About to pass the entire eval in one trade lol
@tryferm best new prop firm in the game, way more generous fee structure, easier to pass the evaluation phase 🫡
tryferm.com/?ref=mega-vaul…
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