Rule configuration version 1

The rules

Every evaluation is bound to the rule version it was bought with. A new version applies to new accounts only.

Units and equity

Units and equity
Term	Definition
Account sizes	5K 5 000 EUR for 59 EUR, 5K 5 000 USD for 59 USD, 10K 10 000 EUR for 99 EUR, 10K 10 000 USD for 99 USD, 25K 25 000 EUR for 199 EUR, 25K 25 000 USD for 199 USD, 50K 50 000 EUR for 349 EUR, 50K 50 000 USD for 349 USD, 100K 100 000 EUR for 549 EUR, 100K 100 000 USD for 549 USD
Money	Integer cents of the account’s currency (EUR, or USD for the US market); the evaluation fee in the currency it was bought in
Contract price	A probability from 0.00 to 1.00, kept in hundredths of a cent; the mid is the floor of the average of best bid and best ask
Contract payout	1.00 of the account’s currency per contract on the outcome that occurs, 0 on the other
Equity	Cash plus every open position valued at the latest visible mid of its market
What the rules use	Equity, never realised profit alone

Challenge rules

Challenge rules
Rule	Definition	On breach
Profit target	Equity at or above 20% over the starting balance, checked when a position closes	Pass candidate, after the other checks
Maximum drawdown	Equity below your highest end-of-day equity minus 10%, at any evaluation; trailing: the floor rises with each new end-of-day high (00:00 UTC) and never falls, starting from the starting balance	Immediate fail, positions closed
Daily loss	Equity below the day's starting equity minus 5%; the day starts at 00:00 UTC (or at activation on day one)	Immediate fail
Minimum active days	5 UTC days with at least one fill	Target not recognised until met
Minimum closed trades	10 positions opened and closed completely, by selling or at resolution	Target not recognised until met
Time limit	30 calendar days from activation	Fail if the target is not met
Consistency	Realised profit from a single market at most 15% of total realised profit when the target is reached	Target not recognised, challenge continues
Position size	Open notional in one market at most 20% of the starting balance	Order rejected
Total exposure	Sum of open notional at most 100% of the starting balance	Order rejected
Price band	Buying a contract priced above 0.95 or below 0.05 is blocked	Order rejected
Resolution	Positions held to resolution settle at 0 or 1.00 as the source resolves them; disputed markets wait, voided markets are unwound at average entry price, fees not refunded

Simulated trading engine

Simulated trading engine
Topic	Rule
Sources	Polymarket CLOB and Kalshi Trade API; top-5 bid and ask levels plus trades, every 2 s for markets with an open position or working order, every 30 s otherwise
Display delay	Prices shown are 3 s behind the source; fills use the snapshot you could see, never a newer one
Feed outage	After 60 s without data from a source: new orders on its markets are rejected, rules are not evaluated on stale data, affected accounts pause and resume automatically
Market order	Walks the real book level by level at each level's real price; at most 20% of the displayed size per level, the rest is rejected
Limit order	Fills only when real trades print at the limit or better after the order time, for at most 20% of that traded quantity; a limit may not improve the current best price by more than 5 cents
Close	A market order in the opposite direction, same size limits
Fees	Mirror the source exchange, deducted from cash at fill time, rounded up to the next cent once per execution
Partial fills	Normal; you see requested and filled quantity
Shorting	A sell reduces an existing position only; to go against an outcome, buy the other one
Evaluation	Equity is recomputed on every fill, on every new snapshot of a market you hold, and at least once a minute; checks run in the order drawdown, daily loss, time limit, profit target
Record	A breach writes an immutable record with the rule, threshold, measured value, time and the snapshot it came from; the account fails and positions close at that snapshot
Verify your fill	Every fill in your history can be checked against the stored snapshot of the real book it was executed on, with the source event id and the engine rules re-checked

Markets and whitelist

Markets and whitelist
Criterion	Condition
Liquidity	24 h volume at least 50 000 USD and book depth at least 5 000 USD within 5 cents of mid
Time to resolution	At least 24 h at listing; a market closes for new entries 12 h before its scheduled resolution
Categories	Politics, economics, crypto, science and tech, culture, sports; markets about private individuals are excluded
Resolution	Unambiguous and publicly verifiable; markets with a dispute history are excluded
Manual exclusion	An admin can exclude any market with a reason; a delisted market stays open for closing only
Registration	No geographic restriction on registration

Account states

Account states
State	You can	The system does
Purchased	Activate	Waits; the clock is not running
Active	Trade	Evaluates rules, computes equity
Paused	Close positions only	No rule evaluation, day count frozen
Passed	Wait for review; close positions only	Notifies the review, runs abuse checks; no rule evaluation
Funded	Trade, request payouts	Evaluates drawdown rules, tracks the high-water mark
Failed	View history, buy a new evaluation	Closes positions, records the breach
Closed	View history	Settles the last payout
Funding	Approval is manual; the funded account starts fresh with flat positions and cash reset to the account size

Funded phase and payouts

Funded phase and payouts
Parameter	Value
Profit share	70%
Profit-split upgrade	80% instead, bought at checkout for 20% of the price
Loyalty split	90% on every payout once 3 payouts have been paid
Payout cycle	Every 14 days from funded activation
Minimum payout	50 EUR or 50 USD, in your account's currency (your share)
Account currency	EUR, or USD for the US market, chosen with the challenge. Balance, profit and payouts are all in that currency; a contract pays 1.00 of it, so there is no exchange-rate effect inside the account
High-water mark	The highest cycle-end realised equity so far, starting at the account size; only profit above it is paid
Open positions at payout	Ignored; only realised profit counts
First payout	Includes the refund of your evaluation fee
Payout cap per cycle	20% of the account size (your share); the excess stays payable in a later cycle
Identity verification	Required before the first payout; the account stays funded while the payout waits
Rails	SEPA in EUR or USDC
Process	Request, automatic checks, manual approval within 3 business days (always a trade review for large amounts and for the first 20 payouts platform-wide), payment
Formula	Realised profit above the mark × your profit share, capped as above; the whole profit leaves the account and the mark moves up by what stays

Responsible use

Trading event contracts can result in the loss of your entire stake. The evaluation fee is the most you can lose on Yesora Prop; trade only with money you can afford to lose. Responsible-use information and contact.