Starting an Assessment

Choose your product, risk tier and account size

Your journey starts with an assessment — a structured test of your ability to generate returns within defined risk parameters. Configure your setup, pay the fee, and start trading immediately.

---

Choose Your Parameters

After navigating to the Start Assessment page, you’ll configure three things:

1. Account Size

   Choose your desired initial funding, from $5k to $200k.

2. Product

   Pick the markets you want to trade — Crypto, TradFi, or All Markets.

3. Risk Tier

   Pick Low, Medium, or High risk. Each tier is designed for a different type of trader.

---

Product Choices

Hypernova offers three market packages. Pick the one that matches what you actually trade — there’s no advantage to the broader package if you don’t need the extra coverage.

Crypto

75+ perpetual pairs.

Major and long-tail crypto perpetuals. The right pick if you trade BTC, ETH, SOL, alts and majors.

TradFi

30+ perpetual pairs.

Equity, commodity, and index perpetuals — single-name equities, metals, energy, broad indices.

All Markets

110+ pairs combined.

Crypto + TradFi in a single account. Pick this if you trade across both, or want to flex between them based on conditions.

All pairs and liquidity are sourced from Hyperliquid. The full list of available instruments is visible on your dashboard and may evolve as markets are added or removed.

---

Risk Tiers

Three risk tiers, all sharing the same 10% profit target and 5x leverage cap. The difference is how much drawdown room you get — and the harder tiers are gated.

Low Risk

3% DD, 6% MD. The tightest guardrails. Best fit for measured, consistent traders.

Medium Risk

4% DD, 7% MD. More room to breathe for traders running larger swings or needing wider stops.

High Risk

5% DD, 8% MD. The widest band — designed for traders with proven track records.

High Risk eligibility. The High tier is restricted to traders with a verifiable record of disciplined performance. Most users start at Low or Medium.

---

Assessment Configurations

Parameter	Low Risk	Medium Risk	High Risk
Account Sizes	$5K – $200K	$5K – $200K	$5K – $200K
Fee Range	$60 – $1,850	TBD	TBD
Profit Target	10%	10%	10%
Max Drawdown	6%	7%	8%
Daily Loss Limit	3%	4%	5%
Max Leverage	5x	5x	5x
Availability	All Users	All Users	Restricted

Fees are one-time and non-refundable. Payment is in USDC. Full per-tier fee schedules are in the Rulebook.

---

Rules and Constraints

1-Step Assessment

Hit a single 10% profit target within your risk limits and receive a funded account immediately.

No Time Limit

Pass in a single session or spread it over months. Trade on your own schedule.

No Style Restrictions

Trade however you want. Any strategy, any frequency, any supported market.

No Gaming

Copy trading, signal services, account sharing, off-the-shelf evaluation strategies, and other exploitative conduct are prohibited.

See the Hypernova Rulebook for the complete set of trading rules, drawdown mechanics, and prohibited conduct.