Hypernova vs Kraken Funded rules, prices and codes side by side

Where they differ

Cheapest challenge

Hypernova$25 ($5K Tight risk)

Kraken Funded$20 ($1K Challenge)

Daily loss limit

Hypernova3% to 4%

Kraken FundedNone

Maximum loss

Hypernova3% to 7% static

Kraken Funded3% static

Bitcoin leverage

Hypernova10x

Kraken Funded1:1

Account sizes

Hypernova$5K to $200K

Kraken Funded$1K to $25K

Sizes only this firm sells

Hypernova$5K, $50K, $100K, $200K

Kraken Funded$1K

Challenges

Hypernova18

Kraken Funded3

Country

HypernovaCayman Islands

Kraken FundedBritish Virgin Islands

Every rule, side by side

Rule	Hypernova	Kraken Funded
The firm
Country	Cayman Islands	British Virgin Islands
Founded	Not stated	July 2026
Years in operation	Not stated	Under 1
Platforms	Hypernova web terminal	Kraken app
Trades on	own engine using Hyperliquid market data	The Kraken app (mobile only), in its Funded tab, on a simulated balance
Markets	Crypto, stock, ETF, commodity, index, FX and pre-IPO	Spot crypto (50+ coins; not perps), plus stocks (a selection, in most countries outside the US)
Some trades on-chain	No	No
Rules
Model	1-step assessment with selectable risk tier (Tight, Low or Medium; High listed as restricted)	1-step challenge, one at a time
Account sizes	$5K, $10K, $25K, $50K, $100K, $200K	$1K, $10K, $25K
Profit target	9% (Tight) / 10% (Low, Medium, High)	12%
Daily loss limit	3% (Tight, Low) / 4% (Medium) / 5% (High) of prior day's closing balance, reset 00:00 UTC	None
Maximum drawdown	3% (Tight) / 6% (Low) / 7% (Medium) / 8% (High), static from starting balance	3% static below the starting balance, in the challenge and the funded account
Max leverage	Set per symbol, 2x to 20x (most crypto 2x; BTC, ETH and SOL 10x on its markets page, BTC and ETH 5x in its docs; FX 20x); homepage table shows 5x	1x: spot buys and sells in dollar amounts, with no added leverage
Profit split	80%; 90% with its split add-on, bought with the assessment for 20% more (Tight, Low and Medium)	80%
Payouts	On demand whenever the account is flat (no open positions, orders or TWAPs), no minimum beyond being in profit, with a round-trip trade between payouts; capped at $10,000 of profits per day per user during its private beta; paid in USDC by smart contract on Arbitrum after identity verification	On request, as often as wanted, from $20 of profit; USD to the trader's Kraken account, typically within 24 hours; each withdrawal resets the funded balance to its start
Starting price	from $25 for a $5,000 account (Tight risk)	from $20 for a $1,000 account
Minimum days	None	None
Consistency rule	None	None
US traders	Yes (not on its restricted list)	Yes (crypto only; not in Maine, Massachusetts or New York)
Fee refund	No	No
News trading	Allowed	Allowed (its FAQ: how you trade is up to you)
Weekend holding	Allowed	Allowed (crypto and stocks trade 24/7)
Current offer	None now	None now
Rules checked	November 9, 2026	November 4, 2026

Hypernova: source 1source 2source 3source 4source 5source 6Kraken Funded: source 1source 2source 3source 4

Prices at each account size

Account	Hypernova	Kraken Funded
Sizes both sell
$10K	$50Tight risk3 challenges at this size	$90Challenge
$25K	$120Tight risk3 challenges at this size	$250Challenge
Sizes only one sells
$1K	Not sold	$20Challenge
$5K	$25Tight risk3 challenges at this size	Not sold
$50K	$200Tight risk3 challenges at this size	Not sold
$100K	$400Tight risk3 challenges at this size	Not sold
$200K	$800Tight risk3 challenges at this size	Not sold

Every Hypernova challengeEvery Kraken Funded challengeEvery firm's challenges

Current offers

Hypernova

No code seen in the last seven days.

Buy

Kraken Funded

No code seen in the last seven days.

Buy

What each daily limit means on Bitcoin

How far Bitcoin has to move against a position at each firm's full leverage to use up the daily loss limit, and how often it has in the last 29 days.

Firm and program	Bitcoin cap	Daily limit	Move that uses it up	Days Bitcoin moved that far
Hypernova · Tight and Low risk tiersper its homepage comparison table	5x	3%	0.6%	26 of 29

Kraken Funded states no single Bitcoin leverage cap.

Recent rule changes

Hypernova

1. Oct 19Split

   Added a 90% profit split option on Tight, Low and Medium assessments, for 20% more than the standard fee; the standard 80% split is unchanged (rulebook v1.2).

   Firm's page

2. Oct 19Account sizes

   Offered the Medium risk tier at $200,000, for $2,700 (rulebook v1.2); it had stopped at $100,000.

   Firm's page

3. Oct 10Other

   Its homepage now offers up to $300,000 of total initial funding across accounts, up from $200,000 on its pre-launch page.

   Archived May 7, 2026Archived Oct 10, 2026

4. Aug 4Program

   Added the Tight risk tier: a 9% target, 3% daily loss limit and 3% static drawdown, from $25 for $5,000 (rulebook v1.1).

   Firm's pageArchived Oct 10, 2026

All 5 Hypernova changes

Kraken Funded

1. Nov 4Account sizes

   Dropped the $5,000 challenge ($50) and added a $25,000 one at $250; $1,000 stays at $20 and $10,000 at $90.

   Firm's page

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