A DeFi-native evaluation firm with Hyperliquid execution, one- and two-phase challenges, and on-chain USDC payouts.
Last source review: 2026-10-12
CarrotFunding says challenge trading runs through Hyperliquid's on-chain order book. Its rulebook describes funded positions that may be A-booked to live markets or B-booked, and publishes aggregate A/B-book ratios.
Program and stage
Daily loss basis: Reset at 00:00 UTC from current account equity; breaches include unrealized P&L. · Reset: 00:00 UTCOfficial Challenge Rulebook
Drawdown basis: The loss amount is fixed at 8% of starting balance; the limit follows the high-water mark and stops at starting balance.Official Challenge Rulebook
Daily loss basis: Reset at 00:00 UTC from current account equity; breaches include unrealized P&L. · Reset: 00:00 UTCOfficial Challenge Rulebook
Drawdown basis: The loss amount is fixed at 10% of starting balance; the limit follows the high-water mark and stops at starting balance.Official Challenge Rulebook
Payouts: On-demand in USDC on Arbitrum, with a $100 minimum; the firm states processing within 24 hours.Official Challenge Rulebook
Each stage has its own rules. Evaluation rules are not automatically applied to the funded account.
Compare this offerSource trail
Supports: Challenge stages, account sizes, fees, targets, loss formulas, Hyperliquid execution, funded account rules, profit share, payout thresholds and payout timing
Reviewed: 2026-10-12 · Primary source
Supports: Firm identity and current product overview
Reviewed: 2026-10-12 · Primary source
CryptoLV summarizes published statements; it does not prove that a program pays every trader or assess whether an offer suits you. Check the rules, eligibility, and agreement before paying.