The CobraSight Wire
Latest news.
Daily intelligence on the operators, regulators, and capital flows shaping the prop firm industry.
Operators
FundedNext Launches Futures Flex Challenge
FundedNext expanded its futures offering with the Futures Flex Challenge, a single-phase evaluation with EOD trailing drawdown and no daily loss limit aimed at lowering the barrier to simulated futures funding.
By Elena Marsh · May 12, 2026
Operators
FundedNext Introduces Clarity Cards Risk Feature
Clarity Cards bring rule-status visibility into the trader dashboard, showing how close accounts are to violating risk limits before payouts are affected.
May 7, 2026
OperatorsFundedNext Begins Publishing Monthly Payout Reports
FundedNext's first monthly payout report disclosed $15.19M paid to 8,340 traders in February, signaling a shift toward recurring public payout transparency.
March 5, 2026
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