The prop desk exam / Robinhood Chain
Most traders are exit liquidity.Prove you're not.
Trade tokenized stocks at up to 100x on a $5,000 challenge account. Survive the rules. Get paid in Bitcoin.
Virtual $5,000 at 100x under the live rulebook: 2.5 bps/side fee drag, trailing -8%, target +10%. About 1 in 10 makes it.
The pot
...
cbBTC. Funded only by coin fees.
Epoch settles in
...
Weekly. Merkle root on-chain, then claims.
Accounts blown
0/ 0 graduated
In the sim above, since you opened this page.
Satoshi built the cash. We built the exam.
Notice 001
The rulebook
Nine rules, each with a consequence. Calibrated on real market data to a pass rate of roughly 11%, then locked. The engine enforces them on every tick; nobody negotiates.
Full rulebook >| Rule | Limit | Consequence |
|---|---|---|
| Phase 1 target | +10% of the phase base | Advance to Phase 2 |
| Phase 2 target | +5% of the new base | GRADUATED. Enters the weekly payout |
| Trailing drawdown | 8% below the equity high-water mark | BLOWN. Terminal |
| Daily loss | -5% vs day-start equity | Positions closed. LOCKED until the next UTC day |
| Taker fee | 2.5 bps of notional, per side | Charged on every fill. Fees feed the leaderboard weight |
| Max leverage | 100x | A round trip at 100x costs 5% of the whole account |
| Expiry | 30 calendar days from the first order | EXPIRED. Terminal |
| Oracle gate | Fresh Chainlink feed and market open | Otherwise orders are rejected |
| Fills | The next oracle tick after placement | Never the current price. There is nothing to snipe |
Procedure
How it works
01
Mint the ticket
Buy a challenge account NFT in $ECS. Ticket money goes straight to the treasury and never funds payouts.
02
Trade virtual $5,000
Long or short tokenized NVDA, TSLA and SPY at up to 100x against Chainlink feeds on Robinhood Chain.
03
Pass both phases
+10%, then +5% of the new base, inside the trailing drawdown, the daily loss lock and the 30-day clock.
04
Claim cbBTC weekly
Graduates split the prize pool every epoch. Winnings post as a merkle root; you claim on-chain.
Settlement
The payout receipt
Every week the pool splits by a formula that was locked before launch. 60% goes equally to everyone who graduated that epoch. 40% goes by leaderboard weight, the square root of profit times fees paid, so profit alone is not enough: you must have actually traded. No account can take more than 10% of the pool, and whatever is left rolls forward.
Payouts come only from the fee pool. Tickets never fund payouts. The pool can never owe more than it holds.
PropStock
Weekly settlement / epoch N
*** Tickets never fund payouts ***
Sizing
Tiers
One NFT is one $5,000 account. Locking 2 to 5 fresh, never traded tier-1 NFTs burns them into a single bigger account.
The cap is tier 5 because each account's weekly payout is capped at 10% of the pool, so size beyond $25,000 buys exactly nothing.
| Tier | Fresh NFTs locked | Virtual account |
|---|---|---|
| 1 | 1 (a plain mint) | $5,000 |
| 2 | 2 | $10,000 |
| 3 | 3 | $15,000 |
| 4 | 4 | $20,000 |
| 5 | 5 | $25,000hard cap |
Engine room
The machine
Five agents run the desk. The engine is centralized, like every prop firm that has ever existed; the difference is that its trade log is published and the claims are trustless.
Straight answers
Honest FAQ
What are my odds?
About 11% of simulated accounts pass. The rulebook was calibrated with a Monte Carlo run of 12,000 accounts on real 5-minute NVDA, TSLA and SPY bars, and we publish the calibration. The sim on this page runs the same constants.
Where does the Bitcoin come from?
From the coin, not from you. Half of the $ECS creator fees are swapped to cbBTC and sent to the PrizePool contract, accruing hourly. Ticket revenue goes to the treasury and never touches the pool.
Can the house steal the pool?
The pool contract has no owner withdrawal for cbBTC. The only path out is a winner's claim against a posted merkle root, once per epoch per address. Read the source.
What happens on weekends?
Stocks trade NYSE regular hours only. When the market is closed or the oracle goes stale, orders are rejected and open positions simply wait. The 30-day expiry counts calendar days, so plan your clock accordingly.
Is this a prop firm?
No. The accounts are virtual, nothing here routes to a broker, and nobody trades real stock. It is an exam with an entry ticket and a Bitcoin prize pool: real rules, real payouts, no funded account at the end.
Why do orders fill at the next tick?
Because filling at the price you can see is how feeds get sniped. Every order fills at the next oracle tick after placement, so front-running the feed earns you nothing.