HyroTrader Earns Best Prop Trading Firm Title At CoinGape Web3 Innovation Awards 2026

Kritika Mehta
Updated
Kritika Mehta

Kritika Mehta

News Writer & Journalist
Kritika boasts over 4 years of experience in the financial news sector. Currently working as a crypto journalist at Coingape, she has consistently shown a knack for blockchain technology and cryptocurrencies. Kritika combines insightful analysis with a deep understanding of market trends. With a keen interest in technical analysis, she brings a nuanced perspective to her reporting, exploring the intersection of finance, technology, and emerging trends in the crypto space.
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HyroTrader Earns Best Prop Trading Firm Title at CoinGape Web3 Innovation Awards 2026

NEW YORK, July 2026 – CoinGape Web3 Innovation Awards 2026 has honored HyroTrader as the Best Prop Trading Firm in the crypto sector for its impact on the industry. This award spotlights the company’s dedication to creating a clear trading environment along with exchange connectivity and expert risk management.

HyroTrader Wins Best Prop Trading Firm Award

An independent judging panel, composed of Polygon Labs, Shirplink, Visa, Beldex and Liminal Custody, determined the winners for CoinGape Web3 Innovation Awards 2026. The awards focused on honoring organizations, products and innovators driving the future of Web3 in various areas.

Hence, it comes as no surprise that HyroTrader was selected as it keeps building its crypto prop trading platform for digital asset traders. The company provides a range of USDT perpetual contracts, with funded accounts available up to $200,000, which cater to qualified traders.

Moreover, users can trade the supported markets via their Bybit account or trading terminal. They can then withdraw their profits in either USDT or USDC.

Currently, over 700 cryptocurrencies are available on HyroTrader’s platform. It is also known that the company has a community of more than 35,000 members, more than 1,700 funded traders and over $5 million paid out to funded traders.

For context, HyroTrader was initially established to modernize the way that crypto proprietary traders can perform trades. Then, it introduced direct exchange execution in 2023 that provided traders with a secure API connection to Bybit.

Further, the platform focuses on market activity and sends it to exchange-backed market environments, rather than depending on internal pricing systems. The company also is attempting to add more exchanges to expand trading opportunities.

About The Company’s Leadership

HyroTrader is led by CEO Samuel Drnda and is currently dedicated to developing infrastructure for active crypto traders. It boasts an operating model that focuses on clear execution, responsible risk management, reliable payouts, and secure exchange connections.

In addition, the framework of the firm is not structured by speculative behaviour. Instead, it educated users on risk rules to promote consistency and capital preservation and to aid long term performance.

Moreover, the company is expanding its funding infrastructure. Thus, traders who achieve the company’s goals of consistent performance might qualify for future real-capital allocation programs, says HyroTrader. According to latest numbers on HyroTrader’s website, they have already offered more than $5 million in funding to eligible participants.

With the latest award by CoinGape, HyroTrader has cemented its position in the list of best prop trading firms worldwide.

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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Kritika boasts over 4 years of experience in the financial news sector. Currently working as a crypto journalist at Coingape, she has consistently shown a knack for blockchain technology and cryptocurrencies. Kritika combines insightful analysis with a deep understanding of market trends. With a keen interest in technical analysis, she brings a nuanced perspective to her reporting, exploring the intersection of finance, technology, and emerging trends in the crypto space.
Disclaimer: This article is part of a paid partnership and should not be construed as financial advice. The views, statements, and opinions expressed herein are solely those of the sponsor and do not necessarily reflect those of Coingape. Cryptocurrencies are highly volatile, unregulated in many jurisdictions, and carry significant risk, including total loss of capital. Always conduct your own research and consult a qualified adviser before making any investment decisions. Coingape does not endorse or guarantee the accuracy, timeliness, or completeness of any information provided by the sponsor.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.