10K Challenge
The challenge
| Target | Profit target | Max daily loss | Max drawdown |
|---|---|---|---|
| Evaluation | $600 | $200 | $300 (Trailing EOD) |
Good to know
Payout rules
Paid through Rise (supports multiple withdrawal methods) or cryptocurrency. Weekly per-cycle payout caps scale by account and cycle (e.g. 25K: $1,500 / $2,000 / $10,000 for cycles 1/2/3+; capped at $10,000 weekly per account after cycle 2). $100,000 lifetime payout cap per trader. On requesting a payout the max drawdown permanently locks at the starting balance.
Trading rules
1-Step (single-phase) evaluation. Trading fees replicate Polymarket taker fees (fee = shares x feeRate x price x (1-price)); only takers pay, makers earn a 30% maker rebate. Max 20 open positions. Max active funded capital $150,000 per user. | prohibited_strategies (full): Bots/automated tools/scripts/algorithmic execution; copy trading; wash/self-trading; collusion; account passing schemes; challenge farming; correlated-outcome and resolution arbitrage abuse; market cornering; cross-hedging; VPNs/proxies/connection masking; martingale/loss-doubling; all-in trading; multi-person account management; trading events priced above 0.85