Skip to content

Risk Manager (Coming Soon)

The Proovly Risk Manager is a programmable risk management layer for crypto futures traders. Connect your exchange, define your rules, and let the system enforce them in real time — blocking or reducing trades that violate your limits before they can blow up your account.

Think of it as having your own prop firm risk desk, except you write the rules.

Link your crypto futures exchange account to Proovly using API keys with read + trade permissions. The Risk Manager needs read access to monitor your positions and trade access to intervene when rules are breached.

Supported exchanges connect via CCXT, the same library Proovly uses for crypto verification. If your exchange is supported for verification, it will be supported for risk management.

Set the limits that matter to you:

  • Max position size — cap the notional value or contract quantity of any single position
  • Max daily loss — stop trading automatically once your realized + unrealized loss exceeds a daily threshold
  • Max drawdown — hard stop on total account drawdown from peak equity
  • Max leverage — prevent opening positions above a defined leverage multiple
  • Blocked pairs — blacklist specific trading pairs you want to avoid entirely
  • Blocked hours — define time windows where no new positions can be opened (e.g., during high-impact news events or overnight)

Rules are composable. You can set all of them, some of them, or just one. They apply independently — breaching any single rule triggers the configured action.

Once active, the Risk Manager monitors your exchange account continuously via CCXT. It watches open positions, pending orders, account balance, unrealized PnL, and margin usage. Checks run in real time — not on a delay, not on a cron.

When a rule is breached, the Risk Manager can take one or more configured actions:

  • Block new trades — reject any new position opens until the breach is resolved
  • Reduce position size — automatically scale down the offending position to bring it within limits
  • Close positions — force-close positions that breach hard limits like max drawdown

You choose which actions apply to which rules. A soft limit might just block new trades. A hard limit might close everything.

You know your rules. You just need something that actually enforces them when the market is moving and discipline goes out the window. The Risk Manager does not care about your emotions — it executes the rules you set when you were thinking clearly.

If you manage capital across multiple exchange sub-accounts, the Risk Manager gives you a single control plane. Set rules per sub-account, get alerts when limits are approached, and auto-intervene before a single account blows through its allocation.

The Risk Manager’s rule engine is available via API. Prop firms and trading groups can programmatically define and enforce risk rules across their trader base, using Proovly as the risk infrastructure layer instead of building their own.

The Risk Manager is scheduled for Q4 2026. Early access will be available to Elite tier ($99/mo) subscribers before general availability.

MilestoneTimeline
Private alpha (internal testing)Q3 2026
Early access (Elite tier)Q4 2026
General availability (Pro + Elite)Q1 2027
  • It does not trade for you. The Risk Manager is defensive only — it blocks, reduces, or closes. It never opens new positions.
  • It does not guarantee against losses. Exchange latency, API rate limits, and fast-moving markets mean interventions may not execute instantly. The Risk Manager reduces risk — it does not eliminate it.
  • It does not replace your own judgment. You set the rules. If your rules are bad, the system enforces bad rules.