Chainfunded Season 1 live

ChainFunded has opened Season 1, turning crypto prop trading into a public, on-chain contest where traders buy challenge accounts and payouts are settled by smart contract. (chainfunded.io) The live challenge page lists a $1,000 simulated account for 20 USDC during a launch sale, and larger account tiers from $10,000 to $200,000 that unlock as total value locked, or TVL, hits milestones from $100,000 to $2 million. (chainfunded.io) ChainFunded says traders move through two evaluation phases on simulated capital, not real funds, before they qualify for a funded account. The site says payouts are settled “in seconds” on-chain through a smart contract. (chainfunded.io) A prop firm is a company that gives traders access to capital after they pass rules on profit and risk. In crypto, most firms still run that model off-chain through dashboards and internal ledgers rather than public blockchain records. (tradingpilot.com, worldcoinindex.com) The on-chain piece changes what outsiders can inspect. Instead of relying only on a firm’s own statements about payouts or pool growth, users can in principle track wallet activity, contract settlement, and total value locked on public infrastructure. (chainfunded.io, stakingrewards.com) Season 1 also arrives as crypto prop firms push harder into native market structure rather than copying foreign-exchange prop shops. Recent industry comparisons describe a crowded 2025-26 market built around challenge fees, profit splits, and exchange-linked execution for digital-asset traders. (cryptofundtrader.com, coincodecap.com) ChainFunded’s account menu ties access to liquidity growth, which is a decentralized-finance mechanic more common in token markets than in traditional prop trading. The site says $10,000 accounts unlock at $100,000 TVL, while $100,000 accounts unlock at $1 million TVL. (chainfunded.io) That structure links two groups that usually sit apart: traders trying to prove performance and liquidity providers seeking yield from staking. In decentralized finance, LP staking usually means depositing liquidity-pool tokens into a smart contract to earn additional rewards on top of trading fees. (docs.defiland.app, crossfi.org) The pitch is straightforward: traders get a public record and a path to capital, while backers get a blockchain-native way to fund the pool those traders are trying to access. Season 1 puts that model into the market with concrete price points, TVL gates, and live challenge sales rather than a waitlist. (chainfunded.io)