REWARD CHALLENGE OVERVIEW | Dexter Whitepaper

Dexter is the first on-chain prop trading firm. Buy a challenge pack between $49 and $299, return +10% in 30 days without breaching the -4% daily or -8% total drawdown, and graduate to a real funded account that pays 90 / 10 in your favor. Every dollar of profit-share, leaderboard reward, and referral cash settles as USDC on Base, directly to the wallet that signed in.

#How the program works

The full journey is four steps: connect a wallet, pick a pack, trade against published rules, withdraw the split. Four pack tiers map one-to-one to four funded allocations, each available in 1-Step and 2-Step formats with identical economics.

Starter — $49 pack, $5,000 funded allocation.
Trader — $99 pack, $10,000 funded allocation.
Pro — $199 pack, $25,000 funded allocation. Most popular tier.
Elite — $299 pack, $50,000 funded allocation.

The pass criteria are the same at every tier and never change mid-attempt: hit +10% profit on the funded equity inside the 30-day evaluation window, keep close-to-close equity above the -4% daily drawdown floor, and never drop more than -8% from the high-water mark. Trader must also meet minimum active days and minimum trade count so the result reflects discipline rather than one lucky candle. Pass cleanly → funded account opens, profit-share runs 90 / 10 in your favor for the life of the account, and withdrawals settle on Base.

A free 14-day demo with $25,000 of simulated equity runs the exact same rule engine. No deposit, no KYC, no payout — a sandbox to feel the limits before real money lands.

#Quest progression and tiers

Behind the pack flow, every wallet runs a six-step quest worth 1,500 XP in total — Enlist (+50), Loadout (+100), First Blood (+150), Bounty (+250), Colors (+350), Spoils (+600). The XP never burns down: it stacks across seasons and unlocks seven persistent tiers from Initiate at 0 XP through Apprentice (250), Operator (1,000), Tactician (3,000), Strategist (8,000), Architect (20,000), up to Sovereign at 50,000.

12 badges across four rarities (Common, Rare, Epic, Legendary) and 4 loot vaults (Bronze, Silver, Gold, Diamond) trigger at specific XP milestones, releasing cash bonuses and fee credits on top of the regular payout split. Progression is shown live in the Challenge page so a trader always knows what unlocks at the next step.

#Leaderboard and referrals

Every funded trader competes on a live season leaderboard with two parallel rankings — Season Rank, a weighted score (performance × risk-adjusted return × normalized bps × compliance) that favors clean equity curves over variance; and Points Rank, a cumulative sum of every XP source. The top of either board collects a slice of the season reward pool on top of profit-share. Scoring detail and bracket breakdown live on the Scoring page.

The referral system pays up to 12% of each pack fee when an invited wallet buys and trades — 8% base on activity, 4% activity bonus on pass. Caps run $5.88 / $11.88 / $23.88 / $35.88 per Starter / Growth / Swing / Elite referral, and every dollar is recorded on a public on-chain ledger with payment ID and payout hash. Referee receives a one-time XP bonus (+50 / +100 / +250 / +500) so both sides win.

#What the next pages cover

The next three sub-chapters each take one surface and drill into it:

Entry and access — wallet connect, the free 14-day demo, paid pack mechanics, drawdown rules in detail, and the KYC threshold that fires at first payout.
Scoring and airdrop — exact formula for Season Rank and Points Rank, the daily streak multiplier, the bracket breakdown of the season pool, and how the top-3 podium review works.
Referrals — two-stage cash structure, per-pack caps, the on-chain reward ledger, abuse controls, and quick math on what 100 referrals are worth.

Together they explain how Dexter pays real money to real traders without leaking the cash pool to bots, sock-puppets, or paid clicks.

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