4.3
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2-Phase Challenge
The challenge
| Phase | Profit target | Max daily loss | Max drawdown |
|---|---|---|---|
| Phase 1 | $2,500 (5%) | 5% of equity Recalculated at 00:00:00 UTC on that day's equity. | 10% of starting balance |
| Phase 2 | $4,000 (8%) | 5% of equity Recalculated at 00:00:00 UTC on that day's equity. | 10% of starting balance |
Payout rules
Full amount only, no partial payouts. All positions and pending orders must be closed before submitting a request. After a payout completes, the Maximum Loss and Maximum Daily Loss limits reset to their original values. Bank transfer is advertised as Coming Soon and is not yet available.
Trading rules
The trading platform is the firm's own proprietary Carrot terminal (app.carrotfunding.io/terminal); no third-party platform such as MT4, MT5, cTrader or Match-Trader is offered, which is why platforms is listed under not_published. Hyperliquid is the on-chain execution venue, not a platform the trader logs into. Orders are routed A-book (on-chain via the vault) or B-book (internal) at the firm's sole discretion, with the trader labelled on their dashboard; the firm states P&L is identical either way. Traders pay standard Hyperliquid maker/taker fees and funding rates with no markup, and those fees count toward the loss limits.