All prop firms
CryptoUnited Arab Emirates
Carrot Funding
Explore available platforms, evaluation programs and payout rules.
Visit official website- Score
- 5.5/10
- Safety grade
- C
- Direct funding
- Not available
Read full company overview
Carrot Funding (carrotfunding.io) is a DeFi-native prop trading firm that funds traders through a one-time-fee evaluation and settles every payout on-chain. It offers a 2-Phase Challenge (5% then 8% profit target, 5% max daily loss, 10% max loss) and a 1-Phase Challenge (8% profit target, 4% max daily loss, 8% max loss plus a Best Day Rule of 50) in sizes from $5,000 to $100,000. Trading happens in the firm's own proprietary Carrot terminal with Hyperliquid as the execution venue, covering 175+ pairs across crypto, commodities, stocks and indices at up to 5x leverage per position. Funded traders keep 80% of profits and can request on-demand payouts of at least 100 USDC, paid in USDC on Arbitrum within 24 hours, with each challenge minted as an NFT that records its performance on-chain.
Profit split80%
PayoutsOn-demand
Platforms
This firm has not published platform details yet.
No published platform details.
Programs & evaluation
Choose from a range of evaluation programs with flexible profit splits and trading conditions.
- Profit split
- 80%
- Programs & evaluation
- Multiple programs (see official website)
2-Phase Challenge
- Account size
- $10K
- Profit target
- $500 (5%)
- Drawdown model
- Static
1-Phase Challenge
- Account size
- $10K
- Profit target
- $800 (8%)
- Drawdown model
- Static
View all 10 programs
2-Phase Challenge
- Account size
- $5K
- Profit target
- $250 (5%)
- Drawdown model
- Static
1-Phase Challenge
- Account size
- $5K
- Profit target
- $400 (8%)
- Drawdown model
- Static
2-Phase Challenge
- Account size
- $50K
- Profit target
- $2,500 (5%)
- Drawdown model
- Static
1-Phase Challenge
- Account size
- $50K
- Profit target
- $4,000 (8%)
- Drawdown model
- Static
2-Phase Challenge
- Account size
- $100K
- Profit target
- $5,000 (5%)
- Drawdown model
- Static
1-Phase Challenge
- Account size
- $100K
- Profit target
- $8,000 (8%)
- Drawdown model
- Static
2-Phase Challenge
- Account size
- $20K
- Profit target
- $1,000 (5%)
- Drawdown model
- Static
1-Phase Challenge
- Account size
- $20K
- Profit target
- $1,600 (8%)
- Drawdown model
- Static
Payouts & rules
Get paid on-demand with a variety of methods and clear rules.
- Payouts & payments
- Multiple options (see official website)
- Payouts & payments
- Multiple options (see official website)
- Payouts
- On-demand
- Payout frequency note
- Requested from the trader dashboard once eligible; processed within 24 hours.
Payout rules
- Notes
- Full amount only, no partial payouts. All positions and pending orders must be closed before submitting a request. After a payout completes, the Maximum Loss and Maximum Daily Loss limits reset to their original values. Bank transfer is advertised as Coming Soon and is not yet available.
- On Demand
- Yes
- Proof Note
- Paid to the trader's verified wallet address; the growth-partner page states no KYC and no paperwork. The firm states it cannot recover funds sent to an incorrect wallet address.
- Method Fees
- Zero withdrawal fees. Payouts are settled in USDC on Arbitrum.
- Profit split
- 80%
- Min Withdrawal
- 100
- Proof Required
- No
- Processing Time
- within 24 hours
- Payouts
- On-demand
- First Payout Days
- 0
- Payout Schedule Note
- Requested from the Trader Dashboard at any time once eligible; trading is disabled while a payout is processing.
- Consistency For Payout
- 1-Phase only: Best Day Score must be 50 or higher, meaning no single trading day represents more than 50% of total profits. No consistency requirement on the 2-Phase Challenge.
- Min Trading Days For Payout
- 0
- Fee Refunded On First Payout
- No
Trading rules
- Notes
- Hyperliquid is the on-chain execution venue, not a platform the trader logs into. Orders are routed A-book (on-chain via the vault) or B-book (internal) at the firm's sole discretion, with the trader labelled on their dashboard; the firm states P&L is identical either way. Traders pay standard Hyperliquid maker/taker fees and funding rates with no markup, and those fees count toward the loss limits.
- Reset Note
- All breaches are final. No appeals, no resets, no exceptions. To try again a trader buys a new challenge.
- Holding Note
- No Weekend holding Rule. Hyperliquid trades 24/7, including the tokenized stocks, indices and commodities.
- Max Leverage
- Up to 5x per position, or the maximum Hyperliquid allows for that market if that is lower.
- Scaling Plan
- No published scaling plan. A trader may hold multiple funded accounts up to an aggregate balance of $200,000; passed challenges beyond that cap wait in a Ready to Fund state and convert automatically when the funded balance drops below $200,000.
- Reset Allowed
- Not allowed
- Scalping Note
- No Strategy Rule. Grid trading, swing trading, scalping are allowed.
- Hedging Allowed
- Not allowed
- Inactivity Rule
- No Inactivity Rule.
- Daily Loss Reset
- Maximum Daily Loss is recalculated at 00:00:00 UTC each day from that moment's account equity.
- Scalping Allowed
- Allowed
- News Trading Note
- No News trading Rule.
- Min Trade Duration
- No Minimal Holding Time Rule.
- Stop Loss Required
- No
- Allowed Instruments
- 175+ pairs across crypto, commodities, stocks and indices, traded as perpetuals on Hyperliquid. The exact list is set by Hyperliquid's listed markets and changes as markets are added or removed.
- Challenge Time Limit
- No time limit Rule on either phase.
- Copy trading allowed
- Not allowed
- Drawdown Type Funded
- Trailing, unchanged from the challenge: the same Maximum Loss and Maximum Daily Loss limits stay active on the funded account.
- News Trading Allowed
- Allowed
- Drawdown Model Funded
- intraday_trailing
- Ea Automation Allowed
- Not allowed
- Prohibited Strategies
- Exploiting technical issues or price-feed errors; unfair automation (automated software, high-frequency trading systems, AI-driven tools, mass order entry); abusive or unrealistic trading including extreme overleveraging and gambling-style behaviour; hedging across accounts; copy trading; manipulative or coordinated trading across multiple or related accounts; trading on behalf of others or granting third-party access.
- Consistency Rule Funded
- 1-Phase only: the Best Day Rule stays active on the funded account and the Best Day Score must be 50 or higher to request a payout. Not applicable to 2-Phase funded accounts.
- Drawdown Type Challenge
- Trailing: Maximum Loss trails the High-Water Mark balance and stops trailing once the limit exceeds the starting balance. Balance-based, excludes floating P&L.
- Weekend Holding Allowed
- Allowed
- Drawdown Model Challenge
- static
- Consistency Rule Challenge
- 1-Phase only: Best Day Rule, no single trading day may represent more than 50% of total profit and the Best Day Score must be 50 or higher to progress. Falling below 50 does not fail the challenge. No Best Day Rule on the 2-Phase Challenge.
What stands out
Published advantages and trade-offs to review before choosing a program.
Key benefits
On-chain, independently verifiable payouts (USDC on Arbitrum) with published Arbiscan transaction hashes; on-demand payouts processed within 24 hours and a 100 USDC minimum; no time limit, no minimum trading days, no inactivity rule and no stop-loss rule; one-time non-recurring challenge fee with no activation or monthly fees; scalping, grid and swing trading, news trading and weekend holding all permitted.
Things to consider
Leverage is capped at 5x per position, far below typical CFD prop firms; a breach is permanent with no resets, no appeals and no exceptions; the firm publishes no company registration, founding date or regulator on any first-party page and its terms live on an external GitBook; funded balance is capped at $200,000 in aggregate and the largest single account is $100,000; the firm can B-book any trade at its sole discretion and the trader has no control over the routing; payouts are crypto-only (USDC on Arbitrum), with bank transfer listed as coming soon.
Bring the decision into focus
Know the rules. Track the result.
Use a free BitStat account to build your Automated Journal from the trades you take and review the decisions behind them.
Already have an account? Log in
Your account data stays read-only.