Education8 min read
Why 30% changes everything
Phase 1 is a crypto perpetuals prop firm: a simulated account, published risk rules, and a payout of eligible profits.
Alex Karpov·Co-founder·2026-04-12
why 30 percent changes everything
This post is queued for editorial review. The published version will appear here.
What you'll learn
Why this matters
Crypto perpetuals are the Phase 1 market. The account is simulated, the rules are published, and a payout covers eligible profits. The hard part is staying inside the risk rules long enough to pass.
Next steps
Once you've read this, jump to [How it works](/how-it-works) and [Rules](/rules) for the operational details.