Prop firm payout statistics from the blockchain show 7 firms paying $1.2B across 654,028 payouts, read November 5, 2026. In 2026 Q3 they paid $219M, 3.5 times the $62M of 2024 Q4. Only 7 of the 86 firms in The State of Prop Trading 2026 pay in a way anyone can check.
The short version
- Paid so far
- $1.2B in 654,028 public payouts from 7 firms.
- Latest month
- $89M in October 2026, against $46M a year earlier.
- Who leads
- Tradeify paid 52.5% of all on-chain payouts in 2026 Q3.
- What it covers
- 7 of 86 firms. Bank, card and most crypto payouts leave no public record.
How much do prop firms pay out each month?
The firms we can read paid $89M in October 2026, in 59,410 transfers. Two years earlier, in November 2024, the same firms paid $20M. The chart shows every full month in between.
- All on-chain firms
Show the numbers
| All on-chain firms | |
|---|---|
| Nov 24 | $20M |
| Dec 24 | $22M |
| Jan 25 | $19M |
| Feb 25 | $20M |
| Mar 25 | $21M |
| Apr 25 | $25M |
| May 25 | $25M |
| Jun 25 | $22M |
| Jul 25 | $27M |
| Aug 25 | $30M |
| Sep 25 | $34M |
| Oct 25 | $46M |
| Nov 25 | $54M |
| Dec 25 | $46M |
| Jan 26 | $54M |
| Feb 26 | $53M |
| Mar 26 | $59M |
| Apr 26 | $54M |
| May 26 | $61M |
| Jun 26 | $66M |
| Jul 26 | $72M |
| Aug 26 | $70M |
| Sep 26 | $77M |
| Oct 26 | $89M |
Over the last twelve months the total was $755M, +142% on the twelve months before. The curve is not smooth. 6 of the 23 month-on-month moves were down, so a single weak month says little about a firm or the market.
Which prop firms pay out the most?
Tradeify has paid the most on-chain, $434M since September 2024. The top three hold 76% of every dollar we can read.
Show the numbers
| Name | Paid |
|---|---|
| Tradeify (223,455 payouts since Sep 24) | $434M |
| My Funded Futures (167,772 payouts since Oct 23) | $255M |
| FundedNext (123,771 payouts since Feb 24) | $253M |
| FundingPips (70,790 payouts since Nov 23) | $157M |
| Alpha Capital (38,514 payouts since Nov 23) | $74M |
| E8 Markets (15,536 payouts since Nov 23) | $46M |
| TradeDay (14,190 payouts since Dec 23) | $16M |
| Firm | Lifetime | Share | Payouts | Average payout | Last 12 months | Change on prior 12 |
|---|---|---|---|---|---|---|
| Tradeify | $434M | 35% | 223,455 | $1,943 | $342M | +299% |
| My Funded Futures | $255M | 21% | 167,772 | $1,521 | $159M | +137% |
| FundedNext | $253M | 20% | 123,771 | $2,042 | $156M | +117% |
| FundingPips | $157M | 13% | 70,790 | $2,215 | $44M | 0% |
| Alpha Capital | $74M | 6% | 38,514 | $1,921 | $26M | +20% |
| E8 Markets | $46M | 4% | 15,536 | $2,963 | $18M | -3% |
| TradeDay | $16M | 1% | 14,190 | $1,126 | $11M | +192% |
Tradeify grew fastest, +299% over the last twelve months.
FundedNext peaked at $21M in November 2025 and paid $15M in October 2026. A lifetime total hides a turn like that.
- Futures firms 57%
- Forex firms 43%
Show the numbers
| Group | Count | Share |
|---|---|---|
| Futures firms | 705365997 | 57% |
| Forex firms | 529564954 | 43% |
How fast is prop firm payout volume growing?
2026 Q3 was the largest quarter on record, at $219M, 2.4 times the $91M of 2025 Q3. Only whole quarters count, so the partial current quarter never reads as a drop.
- Tradeify
- My Funded Futures
- FundedNext
- Other on-chain firms
- 2025 Q1$61M
- 2025 Q2$72M
- 2025 Q3$91M
- 2025 Q4$145M
- 2026 Q1$166M
- 2026 Q2$181M
- 2026 Q3$219M
Show the numbers
| Name | Tradeify | My Funded Futures | FundedNext | Other on-chain firms | Total |
|---|---|---|---|---|---|
| 2025 Q1 | $16M | $15M | $11M | $20M | $61M |
| 2025 Q2 | $21M | $14M | $14M | $22M | $72M |
| 2025 Q3 | $29M | $18M | $22M | $21M | $91M |
| 2025 Q4 | $37M | $27M | $54M | $27M | $145M |
| 2026 Q1 | $60M | $38M | $42M | $25M | $166M |
| 2026 Q2 | $90M | $40M | $25M | $25M | $181M |
| 2026 Q3 | $115M | $43M | $37M | $24M | $219M |
| Quarter | Paid | Change on prior quarter | Largest payer | Its share | Concentration index |
|---|---|---|---|---|---|
| 2024 Q4 | $62M | First quarter | My Funded Futures | 29.6% | 1,986 |
| 2025 Q1 | $61M | -2% | Tradeify | 25.8% | 1,924 |
| 2025 Q2 | $72M | +18% | Tradeify | 29.6% | 2,032 |
| 2025 Q3 | $91M | +28% | Tradeify | 31.8% | 2,217 |
| 2025 Q4 | $145M | +59% | FundedNext | 37.4% | 2,501 |
| 2026 Q1 | $166M | +14% | Tradeify | 36.3% | 2,559 |
| 2026 Q2 | $181M | +9% | Tradeify | 49.7% | 3,231 |
| 2026 Q3 | $219M | +21% | Tradeify | 52.5% | 3,465 |
Growth here can come from more money paid or from firms moving more of their payouts onto Rise. The chain cannot tell the two apart, which is why the report calls these figures a floor.
Is the prop firm payout market concentrating?
Among firms whose payouts are public, yes. The largest payer's share rose from 29.6% in 2024 Q4 to 52.5% in 2026 Q3. The Herfindahl index, the standard measure of market concentration, went from 1,986 to 3,465.
- Herfindahl index
Show the numbers
| Herfindahl index | |
|---|---|
| 2024 Q4 | 1,986 |
| 2025 Q1 | 1,924 |
| 2025 Q2 | 2,032 |
| 2025 Q3 | 2,217 |
| 2025 Q4 | 2,501 |
| 2026 Q1 | 2,559 |
| 2026 Q2 | 3,231 |
| 2026 Q3 | 3,465 |
Competition authorities treat an index above 2,500 as highly concentrated. On-chain payouts crossed that line in 2025 Q4. The sample has 7 firms and favours those paying through Rise, so this describes a corner of the market. The monthly rule changes list what each firm changed, with the date.
What is the average prop firm payout?
Across every public payout, the average is $1,888. It differs by firm, from $1,126 at TradeDay to $2,963 at E8 Markets.
- Average payout
Show the numbers
| Average payout | |
|---|---|
| Nov 24 | $2,053 |
| Dec 24 | $2,405 |
| Jan 25 | $2,192 |
| Feb 25 | $2,263 |
| Mar 25 | $2,353 |
| Apr 25 | $2,416 |
| May 25 | $2,391 |
| Jun 25 | $2,240 |
| Jul 25 | $2,152 |
| Aug 25 | $2,030 |
| Sep 25 | $1,965 |
| Oct 25 | $2,093 |
| Nov 25 | $2,194 |
| Dec 25 | $1,965 |
| Jan 26 | $1,819 |
| Feb 26 | $1,903 |
| Mar 26 | $1,779 |
| Apr 26 | $1,728 |
| May 26 | $1,724 |
| Jun 26 | $1,659 |
| Jul 26 | $1,656 |
| Aug 26 | $1,642 |
| Sep 26 | $1,623 |
| Oct 26 | $1,503 |
In November 2024 the average payout was $2,053. In October 2026 it was $1,503, while the number of payouts went from 9,858 to 59,410.
The number of payouts grew 6.0 times over the two years, while the average fell 27%. Payouts became more frequent and smaller.
We hold totals and counts per day, not every single amount, so the median payout is not known. The payout calculator shows what a given profit pays at each firm after the split, the cap and the buffer.
How much of the industry can anyone verify?
Very little. 7 of the 86 firms we track pay through a rail whose transfers are public. The rest pay by bank, card or payment apps, which leave no record anyone outside can read.
- No public record 92%
- Payouts readable on-chain 8%
Show the numbers
| Group | Count | Share |
|---|---|---|
| No public record | 79 | 92% |
| Payouts readable on-chain | 7 | 8% |
Reviews do not fill the gap. Trustpilot shows no rating for 32 of the 86 firms and has closed reviews for 1 more. Among the 49 firms with a rating, the median score is 4.5.
What prop firm payout statistics cannot tell you
These totals say how much money left a firm. They do not say what share of traders get paid, how many requests were refused, or how long each one took. A firm absent from the chain may pay well by bank transfer.
For one firm, start with its own page. Do prop firms pay out answers that question with the largest single payouts and each firm's claim against the chain. The payout tracker updates the totals every day. The terms and conditions guide shows the clauses that can stop a payout, and the lists of firms with daily payouts and a fast first payout rank the payout rules themselves.
How we counted the payouts
We read RiseUSD and RISEPAY transfers from each firm's Rise accounts on Arbitrum, leaving out transfers back to the firm. The figures are frozen in The State of Prop Trading 2026 as of November 5, 2026, also available as a PDF edition. Months and quarters count only when complete, and the concentration index uses each firm's share of the quarter's total.
The method is on the methodology page, and the challenge cost guide shows what it costs to reach a payout. Head to head, My Funded Futures vs Tradeify, FundedNext vs FundingPips and FundedNext vs Alpha Capital compare every rule side by side.
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PropTested earns a commission on these links. It never changes a figure or a rank above; how we handle it.
- Tradeify: plans and rules read November 4, 2026
- FundedNext: plans and rules read November 5, 2026
- FundingPips: plans and rules read October 31, 2026
- My Funded Futures: plans and rules read November 5, 2026
- TradeDay: plans and rules read October 31, 2026
- The State of Prop Trading 2026
- Payout tracker
- Do prop firms pay out