Performances
RD Popularity Index
RD Growth Index
Revenue & Burn
Protocol income
-$46.69KBuyback funds
--Burn funds
--Buyback ratio
--Protocol funds over time
Monthly amounts & ratios
| Period | Protocol income | Buyback funds | Burn funds | Buyback ratio |
|---|---|---|---|---|
| Nov 2026 | -$46.69K | -- | -- | -- |
| Oct 2026 | $65.1K | -- | -- | -- |
| Sep 2026 | $143.73K | -- | -- | -- |
| Aug 2026 | -$14.45K | -- | -- | -- |
| Jul 2026 | $88.64K | -- | -- | -- |
| Jun 2026 | $26.54K | -- | -- | -- |
Comparison
Fundraising
Follow Updates
Follow Lists
People
About Hypernova
Hypernova runs an onchain proprietary trading firm: traders prove skill through a paid evaluation, then trade a simulated account at real market prices with a share of profits, losses borne by the firm, account parameters and settlement rules written into contracts, and payouts in USDC automatically.
It targets trust problems in the prop trading industry, where rules are interpreted unilaterally and withdrawals are often delayed or refused. Putting rules and funds onchain should make settlement verifiable. The central objection is the simulation: fills never reach a real market, revenue comes mainly from evaluation fees and failed attempts, and payouts to winners depend on new participants arriving, a structure the industry has long questioned. Evaluations run several weeks and the pass rate is set by the firm itself.
Hypernova was founded in September 2025 and began fundraising simultaneously. In mid-October 2025, it closed a $3 million pre-seed round led by Lemniscap, oversubscribed by 3x, with $1 million allocated to a trader payout reserve. On May 1, 2026, it launched a closed alpha. By late May, it had onboarded 250 traders, funded over 20 accounts, and paid out more than $30,000 in profits, validating its onchain smart-contract instant settlement and payout system on Hyperliquid. Its core design dynamically routes traders between A-book and B-book models based on trader quality, aiming to address the traditional prop-firm problems of opaque payouts and restrictions on profitable traders. The platform expects to launch publicly within two months. These milestones mark its progression from funding to product validation, with long-term significance for the onchain prop-trading sector.
Hypernova ended its invite-only phase and opened public sign-ups and pricing on August 14, 2026, then announced its on-chain proprietary-trading platform launch on August 28. Built on Arbitrum, it writes each trader's balance, drawdown limit and profit target into a smart contract and settles withdrawals from a public USDC reserve on-chain, averaging 6.1 seconds. In the four months before launch it had paid out over $550,000 in verified payouts to traders across 110 countries. The platform closed a $3 million oversubscribed pre-seed led by Lemniscap, seeding a $1 million on-chain payout reserve (a third of the round) and publishing live, independently verifiable pass rates and business metrics.
Future strategy and roadmap: Looking ahead, Hypernova aims to build a distributed trading desk: as on-chain performance records accumulate, it will identify consistently profitable traders, route their trading to real markets and scale the capital behind them. Treating recorded performance as credential, it plans to let on-chain track records determine how much real capital backs each trader, moving from simulated evaluation toward institutional-grade capital allocation.
Anar Bayramov — Co-founder & CEO; previously led DeFi investments at RockawayX, studied at Imperial College London.
Nijat Bakhshaliyev — Co-founder & CTO; former senior engineer at Coinbase. Team of six engineers/researchers ex-Citadel, Amazon, IBM, N26. On-chain prop trading protocol.
Hypernova charges a one-time evaluation fee of 275 US dollars, and traders who pass the assessment keep up to 80% of their profits.