The prop firm industry is dying. FTMO froze payouts. MyForexFunds got shut down. The next one will too. Proovly is the replacement: a skill-based trading arena where your edge is measured on-chain, your ELO can't be reset, and your funded account comes from a community vault — not a marketing budget pretending to be one.
Claim your founder spot →You pay $500 for a "challenge." You hit the target. You ask for a payout. Then the rules change. That's not a business model — it's a treadmill designed for you to fall off.
The biggest name in the space stopped paying out funded traders in late 2025. Thousands of traders left holding worthless "accounts." No recourse. No on-chain proof anything ever happened.
CFTC walked in. Accounts vaporized overnight. The funds you thought were "yours" were never segregated. They were marketing line items.
Industry data says fewer than 7% of challenge buyers ever see a payout. The other 93% are the business model. You weren't a customer — you were the inventory.
Max lot size cuts mid-challenge. Payout delays. "Compliance review" loops. New scaling rules every quarter. The house always finds a reason.
Proovly does what every prop firm secretly does — synthetic trades against real prices — except we don't lie about it. Every round, every trade, every ELO point lives on Base. You can audit it from your phone.
Pay a small USDC entry. Trade BTC/ETH/SOL against live Pyth prices in 60-minute rounds. Every fill is hashed on-chain. No execution games. No "slippage" excuses.
Win rounds, climb the ladder. Your rating is a contract, not a database row. It can't be reset, gatekept, or quietly nerfed when you start winning too much.
Top traders get backed by the Proovly vault — a real, audited LP pool. You take 70% of profits. No challenge fees. No reset rugs. Your skill is the collateral.
Built on the boring, legible parts of crypto. Everything you'd want to verify is one block explorer away.
The first 100 emails become Genesis traders — free entry to the launch tournament, lifetime fee discount, and a Genesis NFT badge that follows your on-chain ELO forever.
Synthetic — and we're loud about it. You're trading against live Pyth prices, settled from the vault. Every prop firm on earth does the same thing behind the scenes. We just put it on-chain so you can verify the price feed yourself instead of trusting a "trade desk" you've never seen.
Prediction markets are binary bets on outcomes. Proovly is continuous skill expression — leverage, position sizing, entries, exits, risk management. It looks and feels like a real trading platform because it is one. The ELO system rewards consistency, not single lucky calls.
You'll need a small amount of USDC on Base for entry fees. Coinbase Smart Wallet handles the onboarding with a passkey — no seed phrases, no MetaMask, no chain switching. If you can use a fintech app, you can play.
Once you climb high enough on the ELO ladder, you qualify for a synthetic funded account backed by the Proovly vault. You trade the same way, but profits get split 70/30 in your favor and paid in USDC. No challenge fees. No "reset" if you have a bad week. Read the funding ladder docs.
Don't trust us — verify. The vault address, the entry-fee contract, the ELO state, the round results — all on-chain, all readable, all open source. The day we try to pull a rug, the rug is on the blockchain showing exactly what we did. That's the point.
The flagship Daily Round (BTC/ETH/SOL, 24-hour window, $10 USDC entry, top 50% wins) goes live to waitlist members in Q2 2026. One round per day, midnight-to-midnight UTC, with a 4-hour entry window at the top of the day. Funded accounts unlock in Stage 3 once we hit 1,000 active traders and the vault audit clears. Read the full roadmap.
We're treating Proovly as a skill-based competition, not regulated financial advice. We geo-restrict where local rules require it. Check the risks page before joining — we want you in this for years, not until a regulator shows up.