Legend Capital vs Hypernova: Compare Hyperliquid Prop Firms (2026)

Legend Capital and Hypernova both describe on-chain prop programs built on Hyperliquid. Availability is an important difference: Hypernova's site says it is in closed beta and invite only. Its listed account rules also use risk tiers, while Legend Capital offers Classic and Flex. This guide uses facts as of November 2026. Check each firm's current rules before making a decision. Start with the Legend Capital catalog and Hypernova's rulebook.

Which is better, Legend Capital or Hypernova?

Legend Capital offers a strong choice between Classic and Flex, with Hyperliquid main perps and supported builder stock or commodity perps. Flex costs $13–$65 across $5K–$25K accounts and pays a 90% profit split. Payouts are in USDC on-chain through Hyperliquid, and the public dashboard shows pass rate and payouts. Trade in the Legend app on web, iOS, or Android.

Hypernova may suit traders who can access its invite-only beta and want to compare different one-step risk tiers. Hypernova's site lists accounts from $5K to $200K and up to $300K total, with tier-specific targets and drawdown limits.

Availability and the selected tier shape the comparison alongside each program's split and fee.

Head to Head

Detail	Legend Capital	Hypernova
Venue and markets	Hyperliquid main perps plus supported builder stock and commodity perps	Hyperliquid; crypto, equities, commodities, and pre-IPO perps
Availability	Live catalog lists $5K, $10K, and $25K accounts	Site says closed beta / invite only
$25K fee example	Classic $275; Flex $65	Low risk $275; Tight $120
Evaluation paths	Classic one-step and Flex	One-step assessments with Tight, Low, Medium, and High risk tiers
Target examples	Classic 10%; Flex 5%	Tight 9%; Low and Medium 10%; High 10%
Split	Classic 80%; Flex 90%	80%, or 90% with a profit-split add-on costing 20% more on the fee
Payout description	USDC on-chain; Flex requires five profitable days and positive cycle profit	Smart contract payouts from a public reserve
Loss rules	Classic 3% daily and 6% static max loss; Flex 2.4% pause and 4% end-of-day trailing max loss	Tier-specific daily and static max drawdown limits

Where It Is Decided

Compare availability and account sizes

Hypernova's site says its program is in closed beta and invite only. That status can affect whether a trader can start an account, regardless of how its published risk tiers compare. The account sizes listed are $5K to $200K, with up to $300K total.

Legend Capital's live catalog lists $5K, $10K, and $25K accounts. It also allows up to five active Capital accounts at once. Flex fees range from $13 to $65 and the split is 90%.

Understand the tier names and loss limits

Hypernova's one-step assessment options are presented as risk tiers. Tight lists a 9% target, 3% daily loss, and 3% static max drawdown. Low lists 10%, 3%, and 6%; Medium lists 10%, 4%, and 7%; High lists 10%, 5%, and 8% and is restricted.

Legend Capital Classic has a 10% profit target, 3% daily loss limit that fails the account if breached, and a 6% static max loss. Flex has a 5% target, 2.4% daily limit that pauses trading until the next reset without failing the account, and 4% end-of-day trailing max loss. Similar percentages can describe different consequences, so note whether a daily limit pauses trading or fails the account.

Compare price and profit share together

For $25K, Legend Capital lists Classic at $275 and Flex at $65. Classic has an 80% split and Flex has a 90% split. Flex also includes a 40% consistency rule: the best day must be no more than 40% of total profit to pass.

Hypernova lists $25K Low risk at $275 and Tight at $120. Its standard split is 80%, or 90% with a profit-split add-on that costs 20% more on the fee. These examples refer to different tiers. Compare the target, daily limit, max drawdown, and add-on cost together rather than choosing only by entry fee or split.

Review payout rules and evidence

Legend Capital payouts are in USDC on-chain through Hyperliquid. Flex requires five profitable days, with each at least 0.4% of starting balance, and positive cycle profit. It allows up to five payouts before the account closes. Its public transparency page displays pass rate, payouts, revenue, and payout or treasury wallet links.

Hypernova's rulebook describes smart-contract payouts from a public reserve.

Compare market coverage

Hypernova lists crypto, equities, commodities, and pre-IPO perps priced from Hyperliquid data. Legend Capital lists Hyperliquid main perps and supported builder stock and commodity perps, with up to 5x leverage.

Pick Legend Capital If

You want to review the listed live catalog and its Classic and Flex rules.
Its supported Hyperliquid and builder markets fit the instruments you want.
You want to inspect the public transparency dashboard and payout-wallet links.

Pick Hypernova If

You have access to its closed beta or invite-only program.
You want to compare the listed Tight, Low, Medium, and High risk tiers.
Its published market and smart-contract reserve details match your review criteria.

Have an audience? The Legend affiliate program pays 5% of net Capital revenue on referred purchases.

Frequently asked questions

Is Hypernova open to everyone?

Hypernova's site describes a closed beta and invite-only program.

What is Hypernova's $25K price?

Hypernova's rulebook lists $25K Low risk at $275 and Tight at $120. These are different tiers.

Does Legend Capital publish payout information?

Yes. Legend Capital's public transparency dashboard shows pass rate, payouts, revenue, and payout or treasury wallet links.

Where can I compare other programs?

Read Legend Capital's program details and the crypto prop firm roundup.