WORTH / KNOWING
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Independent review
Checked September 27, 2026

CarrotFunding

DeFi-native trader funding built on Hyperliquid.

CarrotFunding offers one-phase and two-phase challenges with on-chain execution, NFT-based challenge records, and public rule documentation. It publishes account sizes from $5K to $100K, a 5x leverage ceiling for supported markets, and on-demand USDC payouts.

Information checked against public firm pages. This is research, not a guarantee or recommendation.
81/ 100 · B+Worth Knowing Fit Score

Pricing and on-chain documentation are clear, but the trailing maximum-loss model and best-day rule need attention.

Transparent scoring

How this score was built.

81/100
Rule clarity
22/25
Risk-rule simplicity
13/20
Payout clarity
13/15
Fee accessibility
14/15
Market access
9/10
Beginner fit / practice support
6/10
Research confidence
4/5

This measures public clarity and beginner fit at the time of review. It is not a profitability, safety, or payout guarantee.

Best forTraders who value on-chain records and broad markets
Watch firstThe maximum-loss limit trails the high-water mark until it reaches starting balance
Cheapest reviewed option$5K 2-Phase · $65
Main advantageDetailed on-chain rulebook and verifiable payout process
Best fiti

Traders who value on-chain records and broad markets

Strengthi

One-phase and two-phase challenge options are publicly priced.

Watch firsti

The 1-Phase challenge has a 50% best-day rule; the 2-Phase challenge does not.

Fees & rules at a glance

Choose your configuration.

Public pricing captured on September 27, 2026. Open the official rules before making a purchase.

Source: official public pages · Checked September 27, 2026
2-Phase Challenge5% evaluation target, then 8% verification target with 5% daily loss and 10% max loss.View account options +
$5K$65
Target5% / 8%Daily loss5%Drawdown10% trailing
$10K$119
Target5% / 8%Daily loss5%Drawdown10% trailing
$20K$239
Target5% / 8%Daily loss5%Drawdown10% trailing
$50K$449
Target5% / 8%Daily loss5%Drawdown10% trailing
$100K$699
Target5% / 8%Daily loss5%Drawdown10% trailing
1-Phase Challenge8% target with 4% daily loss, 8% max loss, and a 50% best-day rule.View account options +
$5K$75
Target8%Daily loss4%Drawdown8% trailing
$10K$129
Target8%Daily loss4%Drawdown8% trailing
$20K$249
Target8%Daily loss4%Drawdown8% trailing
$50K$499
Target8%Daily loss4%Drawdown8% trailing
$100K$799
Target8%Daily loss4%Drawdown8% trailing

Fees and rules can change. Open one program to see its account options, then confirm the current terms on the firm’s official site.

Know your room first — check drawdown and daily-loss limits in the risk calculator →
Pros · concise view

Why traders may look twice.

  • One-phase and two-phase challenge options are publicly priced.
  • On-demand USDC payouts are documented with a 24-hour processing target.
  • No time limit, minimum trading days, or inactivity rule is stated.
Cons · read carefully

What to check first.

  • The 1-Phase challenge has a 50% best-day rule; the 2-Phase challenge does not.
  • Maximum loss trails the high-water mark and stops when its floor reaches starting balance.
  • A breach makes the account ineligible for a payout and is final.
Possible fit

This may suit traders who value:

On-chain tradersTraders comparing one- and two-phase modelsBroad-market perpetual traders
Go to the source

Read the current terms.

Official homepage ↗Official rulebook ↗Official FAQ ↗