Introduction
What Klovr is, what is live today, and the principles the whole platform is built around.
What is Klovr?
Klovr is building the Klovr Proptocol: a no-KYC, non-custodial prop firm protocol with trustless on-chain execution.
Traders prove skill through transparent risk evaluation. The DAO controls funding decisions. Funded trading execution is A-Book.
Klovr Proptocol
Prop firm protocol. A coordination layer that lets traders prove skill, earn reputation, and access DAO-backed funding without a centralized firm making unilateral allocation decisions. Payouts are computed and enforced on-chain. Once a trader meets the protocol rules, neither the DAO nor Klovr Labs can manually block an eligible withdrawal.
Key Highlights
No Identity Verification
No government ID is required to use Klovr's simulated private alpha. Jurisdiction, wallet-risk, and abuse controls may still apply.
Non-Custodial by Design
Klovr Labs does not custody user or DAO funds. The funded-account roadmap is built around protocol-controlled settlement, not company-controlled balances.
A-Book Funded Execution
Evaluations are simulated today. Funded accounts are designed to execute A-Book on Hyperliquid, so Klovr Labs does not take the other side of trader positions.
Protocol-Enforced Payouts
For funded accounts, eligible payouts are designed to be computed and enforced on-chain. Neither the DAO nor Klovr Labs should be able to manually block an eligible withdrawal.
DAO Funding Decisions
Traders are evaluated through transparent risk systems. Funding decisions belong to the DAO, not a centralized firm allocating capital unilaterally.
Performance Reputation
Traders build reputation through simulated performance, risk discipline, leaderboard points, and eventually a Performance Passport. No identity/KYC layer.
Current status
Klovr is currently in private alpha. Invited users can already trade simulated accounts, earn reputation, and collect points for the leaderboard dashboard.
Alpha accounts are simulated: no deposits, no withdrawals, and no identity verification.
Why Klovr exists
Traditional prop firms ask traders to trust a private company: the firm sets the rules, controls the capital, evaluates performance, and decides who gets paid.
Klovr is built around a different model. Traders prove skill through transparent risk evaluation. Funding decisions move to the DAO. Klovr Labs provides risk infrastructure, but does not custody funds, verify identity, or unilaterally allocate capital.
Who does what
Trader
Trades simulated accounts, builds reputation, and competes on performance.
Klovr Labs
Provides software, risk evaluation, and risk controls as a replaceable service provider.
Klovr DAO
Controls funding decisions and can vote to use or replace Klovr Labs.
Protocol
Enforces funded-account rules, settlement, and eligible withdrawals.