> ## Documentation Index
> Fetch the complete documentation index at: https://hypernova.xyz/docs/llms.txt
> Use this file to discover all available pages before exploring further.

# FAQ

> Frequently asked questions about Hypernova

## General

<AccordionGroup>
  <Accordion title="What is Hypernova?">
    Hypernova is an on-chain prop trading protocol. We fund skilled traders with
    up to \$200k in capital and let them keep up to 80% of profits. Payouts
    settle in \~5 seconds via smart contract, execution is verifiable, and all
    rules are transparent.
  </Accordion>

  <Accordion title="How is Hypernova different from other prop firms?">
    On-chain payouts in \~5 seconds via smart contract - versus the 24+ hours
    traditional firms take. A publicly verifiable payout reserve, pro-grade
    trading infrastructure built in-house, and verifiable execution against live
    Hyperliquid data. Transparent and trader-aligned.
  </Accordion>

  <Accordion title="Do I need any trading experience?">
    While anyone can sign up, Hypernova is designed for traders who already have
    a strategy and edge. You'll need to pass an assessment by hitting a 10%
    profit target within defined risk limits.
  </Accordion>
</AccordionGroup>

## Assessments

<AccordionGroup>
  <Accordion title="How much does an assessment cost?">
    Assessment fees range from \$60 to over \$3,000 depending on account size
    (\$5k–\$200k) and risk tier (Low/Medium/High). See the full fee table on the
    [Starting an Assessment](/docs/starting-an-assessment) page.
  </Accordion>

  <Accordion title="What happens if I fail an assessment?">
    The assessment ends and you'll need to purchase a new one to try again.
    There's no penalty beyond the original fee. No resets, no partial passes.
  </Accordion>

  <Accordion title="Can I have multiple assessments at once?">
    No. You can only have one active assessment at a time. Wait for the current
    one to complete or fail before starting a new one.
  </Accordion>

  <Accordion title="Is there a time limit?">
    No. You can pass the assessment in a single session or spread it over
    months. The only constraint is a 3-month inactivity freeze if no trades are
    placed.
  </Accordion>
</AccordionGroup>

## Payouts

<AccordionGroup>
  <Accordion title="How do payouts work?">
    Submit a payout from your funded account dashboard. The smart contract
    settles it on-chain in about 5 seconds - measured from your request to USDC
    landing in your embedded wallet on Arbitrum. Traditional firms take 24+
    hours for the same thing.
  </Accordion>

  <Accordion title="What is the profit share?">
    Up to 80%. You keep the majority of profits generated on your funded
    account.
  </Accordion>

  <Accordion title="How often can I withdraw?">
    Anytime. There are no waiting periods, no minimum intervals, and no
    business-hours restrictions.
  </Accordion>

  <Accordion title="Is there a daily payout limit?">
    Yes - during closed alpha, payouts are capped at \$10,000 of profits per day
    per user. There's no per-transaction minimum and you can still take multiple
    payouts in a day, but the running total can't exceed the cap. The limit will
    be lifted as we scale out of alpha.
  </Accordion>
</AccordionGroup>

## Account & Security

<AccordionGroup>
  <Accordion title="What is an embedded wallet?">
    When you create a Hypernova account, we automatically generate a secure
    wallet for you. No MetaMask or browser extensions needed. Your wallet is
    built into the platform and is used for assessment payments and receiving
    payouts.
  </Accordion>

  <Accordion title="How do I fund my wallet?">
    Send USDC to your wallet address over the Arbitrum network. You can do this
    from any exchange (Coinbase, Binance, Kraken) or DeFi wallet. See the
    [Funding Your Wallet](/docs/funding-wallet) page for details.
  </Accordion>

  <Accordion title="Can I connect my exchange trading history?">
    Yes. During onboarding you can connect your CEX or DEX accounts via wallet
    or API. Your trading history is analysed to generate a score. Eligible
    traders may receive free or discounted assessments.
  </Accordion>
</AccordionGroup>

***

<Card title="Still have questions?" icon="discord" href="https://discord.gg/PBvZbvRTrN">
  Ask in our Discord. The team is active and responsive.
</Card>