Cohort Health — Live
Live+5.20%
BTC / ETH / SOL
Live · real-time
Automatic contract
What the v1 Genesis cohort is
The v1 Genesis cohort is the first group of traders invited into the closed beta of Ultraprop, a proprietary trading firm that runs evaluations with automatic rule enforcement. Cohort members select an evaluation tier and trade in simulation using BTC, ETH, and SOL against live market prices. The evaluation contract records every trade and enforces every rule. No human decision enters the pass or fail determination.
Membership is by invitation only. The cohort size is fixed at the time of the beta launch. There is no secondary mechanism to join v1 Genesis; the set of eligible traders was determined before the first evaluation opened.
Traders who pass an evaluation tier receive a non-transferable credential issued to their account. The credential records the tier passed, the cohort label, and the timestamp of the level-up transaction. It cannot be replicated. Passing higher tiers raises the credential level on the same record — a single credential that accumulates provenance.
There is no token. There is no promise of a token. The value of the credential rests entirely on what it demonstrably proves: that the holder met the criteria of a calibrated, rule-governed evaluation against real market prices.
What the v1 Genesis credential credibly proves
The credential is not a membership card or a badge of participation. It is a verifiable record that a specific trader demonstrated profitable discipline against real market conditions, within rules that the evaluation contract enforced and that cannot be changed after the fact.
Live Market Prices
Every trade is evaluated against live market prices at the moment of submission — the same prices that would move real capital. There is no delayed or synthetic feed.
Automatic Rule Enforcement
Drawdown limits, daily loss caps, profit targets, and trade-count budgets are enforced by the evaluation contract. No backend override is possible. Rules cannot be relaxed retroactively.
Non-Transferable Credential
The credential is issued once per trader and cannot be transferred, listed, or replicated. It is permanently bound to the account that earned it.
Issued Once Per Trader
A single account can hold exactly one credential. There is no farming mechanism — level-ups require passing successively harder evaluation tiers on the same account.
Publicly Verifiable
Every pass event and every level-up is a permanently recorded transaction. Any third party can independently verify the reference, owner, and history.
Calibrated Slippage Model
A +2 bps house tilt is applied against the trader on every fill — disclosed pre-submit, non-negotiable, identical for all participants. The model is deterministic and reproducible.
Example credential record
Account: 0x9a4f2c1e…e8d0b2
Reference: 0x7c2e9a4f1b6d8053ae12c4b7d9f0a2c3e5d7b8f1a3c5e7d9b1f3a5c7e9d1b3a5Three tiers. One ladder.
Each tier is an independent evaluation with its own parameters. Passing Starter unlocks Basic; passing Basic unlocks Pro. The credential level reflects the highest tier ever passed. Rules are enforced identically at every tier — higher tiers require more discipline, not different rules.
Entry tier — available to all cohort members
Requires passing starter
Requires passing basic
Passes by tier
41 total passes across 248 cohort members
| Tier | Passes | Share | Avg. Days to Pass |
|---|---|---|---|
Starter10X | 27 | 65.85% | 4.8d |
Basic8X | 11 | 26.83% | 6.3d |
Pro8X | 3 | 7.32% | 8.1d |
Pass counts are cumulative since cohort inception. Avg. days is median time from evaluation open to pass event for completed evaluations only.
Governing principles for future credentialing
The v1 Genesis cohort establishes a credentialing model that subsequent cohorts will follow. The principles below are not aspirational — they describe observable properties of the current system and the constraints future systems must satisfy to remain consistent.
Credentials are earned, not assigned
Future credentialing will follow the same pattern: a trader earns their level by meeting measurable, automatically-enforced criteria. Cohort membership, social connections, and time-in-protocol are not criteria.
Rules are public and immutable after issuance
The parameters governing any active evaluation cannot change once it is open. This applies to all future cohorts. The rules a trader accepts at the start are the rules that determine the outcome.
The credential outlives the evaluation
A credential is a permanent, non-expiring record. A trader who earned a level retains that record regardless of future activity. There is no decay mechanic.
No promise of future value
The credential proves trading discipline. It does not carry a claim on any protocol, entity, or future event. No representation is made or implied about what the credential enables in any future system.
Transparency over opacity
Every rule, every parameter, and every pass/fail event is permanently recorded and publicly accessible. The slippage model is deterministic and disclosed pre-trade. There are no hidden mechanics.
Failure is data, not punishment
A failed evaluation is a verifiable record that the rules were not met under the given conditions. It is not hidden or penalized. Traders may retry within the closed-beta framework.