HyperPNL vs Hyperstack rules, prices and codes side by side

Prices updated Nov 11

HyperPNL
Cayman Islands
From
$42
Challenges
6
Accounts
$5K to $25K
Buy
Hyperstack
Cayman Islands · Founded June 2026
From
Free
Challenges
6
Accounts
$1K to $100K
Buy

Where they differ

Cheapest challenge: HyperPNL$42 ($5K 1-Step Flex); HyperstackFree ($1K 1-Step Challenge)
Daily loss limit: HyperPNL3% to 5%; Hyperstack5%
Maximum loss: HyperPNL5% to 9% static; Hyperstack5% trailing
Profit split: HyperPNL80%; Hyperstack90%
Account sizes: HyperPNL$5K to $25K; Hyperstack$1K to $100K
Sizes only this firm sells: HyperPNLNone; Hyperstack$1K, $50K, $100K
Steps: HyperPNL1-step and 2-step; Hyperstack1-step
Some trades on-chain: HyperPNLNo; HyperstackYes

Every rule, side by side

Rule	HyperPNL	Hyperstack
The firm
Country	Cayman Islands	Cayman Islands
Founded	Not stated	June 2026
Years in operation	Not stated	Under 1
Platforms	HyperPNL web platform	Hyperliquid
Trades on	own simulated engine, Hyperliquid order book and prices, Ostium prices for some non-crypto markets	Hyperliquid (trader's own wallet, mirrored into a simulated account)
Markets	Crypto, stock, ETF, index, commodity and FX	Crypto, commodity, index and stock
Some trades on-chain	No	Yes
Rules
Model	1-step or 2-step evaluation	1-step challenge
Account sizes	$5K, $10K, $25K	$1K, $5K, $10K, $25K, $50K, $100K
Profit target	10% (1-step); 10% phase 1 / 5% phase 2 (2-step)	10%
Daily loss limit	3% (1-step) / 5% (2-step), recalculated daily at 00:00 UTC from equity	5% from the day's opening equity
Maximum drawdown	5% static (1-step); 9% static (2-step)	5% end-of-day trailing (challenge); 8% end-of-day trailing (scaled account)
Max leverage	Up to 5x on crypto, 3x on stocks and ETFs, 5x on indices, 10x on commodities and 25x on FX (set per market in its trading app; its docs' asset table lists higher maximums)	No limit on the trader's Hyperliquid account; mirrored exposure capped (challenge tier: 50% per crypto pair, 400% total portfolio)
Profit split	80%	90% (paid to invited Scaled Trader Program participants)
Payouts	One payout request per day, with no open positions, of at least 1% of the account size; executed by smart contract in USDC	Monthly (30-day cycle), in USDC to the connected wallet; KYC required to receive a payout
Starting price	from $42 for a $5,000 account (1-step); 2-step from $50	from $74 for a $5,000 account; a free $1,000 account is also offered, limited to 200
Minimum days	None (1-step); 0.5%+ profit on 2 days in phase 1 and 3 in phase 2 (2-step)	None
Consistency rule	None	None
US traders	No (on its restricted list)	Not stated
Fee refund	No	Only before the first trade, per Vanta's terms; its own terms say before the account opens
News trading	Allowed	Allowed
Weekend holding	Allowed	Allowed
Current offer	None now	None now
Rules checked	November 9, 2026	November 4, 2026

HyperPNL: source 1 source 2 source 3 source 4 source 5 source 6Hyperstack: source 1 source 2 source 3 source 4 source 5

Prices at each account size

Account	HyperPNL	Hyperstack
Sizes both sell
$5K	$421-Step Flex2 challenges at this size	$741-Step Challenge · sold out
$10K	$861-Step Flex2 challenges at this size	$1351-Step Challenge · sold out
$25K	$2132-Step Flex2 challenges at this size	$3091-Step Challenge · sold out
Sizes only one sells
$1K	Not sold	Free1-Step Challenge · sold out
$50K	Not sold	$5791-Step Challenge · sold out
$100K	Not sold	$9991-Step Challenge · sold out

Every HyperPNL challenge Every Hyperstack challenge Every firm's challenges

Current offers

HyperPNL

No code seen in the last seven days.

Buy

Hyperstack

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
HyperPNL · 1-step	5x	3%	0.6%	26 of 29
HyperPNL · 2-step	5x	5%	1%	18 of 29

Hyperstack states no single Bitcoin leverage cap.

Recent rule changes

HyperPNL

Aug 20Markets
Added the DAX, FTSE 100, Nikkei 225 and Hang Seng indices and the Micron and Lumentum stocks.
Post on X
Aug 12Program
Added 1-Step accounts, a one-phase challenge its homepage lists with a 10% target, a 3% daily loss limit and a 5% static drawdown; it had sold only a two-phase challenge.
Post on X Archived May 11, 2026
Aug 7Markets
Added 11 stock, ETF and thematic markets: NBIS, CBRS, INTC, SAMSUNG, CXMT, REMX, HYG, TLT, UNG, URA and XLE.
Post on X
Aug 5Other
Removed the 30-day time limit on each challenge phase; its new Flex accounts have no time limit.
Post on X Post on X

All 7 HyperPNL changes

Hyperstack

Oct 30Account sizes
Marked 6 challenges ($1,000 1-Step Challenge; $5,000 1-Step Challenge; $10,000 1-Step Challenge; $25,000 1-Step Challenge; $50,000 1-Step Challenge; $100,000 1-Step Challenge) sold out.
Firm's page
Oct 26Account sizes
Put 5 challenges ($5,000 1-Step Challenge; $10,000 1-Step Challenge; $25,000 1-Step Challenge; $50,000 1-Step Challenge; $100,000 1-Step Challenge) back on sale.
Firm's page
Oct 24Account sizes
Marked 5 challenges ($5,000 1-Step Challenge; $10,000 1-Step Challenge; $25,000 1-Step Challenge; $50,000 1-Step Challenge; $100,000 1-Step Challenge) sold out.
Firm's page
Oct 23Program
Put every challenge size back on sale, from $74 for $5,000 to $999 for $100,000, and opened free $1,000 accounts limited to 200; every size had shown as sold out with a waitlist.
Firm's page

All 5 Hyperstack changes