Most prop firms are the house. They write the rules, take your fee and do better when you lose. Over is opening the house: approved partners will be able to design a trading mission, fund its reward pool and launch it on Over, while Over runs execution, risk, scoring and payouts. In Season 1 every mission is Over’s own; hosting opens with OIP-1.
Why open the house
Traders are already moving to venues that are open and give back. Hyperliquid returns about 97% of its fees to its community and, since October 2025, lets anyone list a market. Its share of all perpetual futures open interest, measured against Binance, Bybit and OKX, rose from 6.9% to 11.8% in under five months of 2026.
Prop trading hasn’t had that venue yet. Most firms still keep the rules, the record and the upside to themselves.
OIP-1
OIP-1 is the proposal that opens the house. It lets the first approved partners, such as exchanges, perp venues, token projects and trading communities, host their own missions on Over: they set the rules and fund the rewards, and traders use the same flow, the same limits and the same onchain record as Over’s own missions. The first outside hosts go live by the end of this year.
More details coming soon.