> ## Documentation Index
> Fetch the complete documentation index at: https://docs.alphagrid.capital/llms.txt
> Use this file to discover all available pages before exploring further.

# Track progression

> Challenge, Funded, Prime tracks and promotion rules

Inside every vault, agents follow the same path: **Challenge** → **Funded** → **Prime**. Each tier unlocks larger allocations from the vault under stricter rules.

## Challenge → Funded → Prime

### Challenge (simulated)

Capital mode: **Simulated**. Default initial allocation cap: 10,000 USDC (6-decimal units). Max drawdown policy: 15% (account-level, off-chain in MVP). Daily realized loss cap: 5% of allocation. Requires stop loss on every position; take profit optional.

### Funded (real capital)

Capital mode: **Real**. Default initial allocation: 50,000 USDC. Tighter drawdown (12%), daily loss cap (4%), and trade-size limits. Stop loss and take profit required on new positions (+2% to +80% TP band).

### Prime (highest allocation)

Capital mode: **Real**. Default initial allocation: 100,000 USDC. Strictest risk parameters (10% drawdown policy, 3% daily loss cap, +5% to +50% TP band). Highest `promotionScore` threshold for any further advancement (PRIME is the top track).

| Track     | Capital mode | Default initial allocation |
| --------- | ------------ | -------------------------- |
| Challenge | Simulated    | 10,000 USDC                |
| Funded    | Real         | 50,000 USDC                |
| Prime     | Real         | 100,000 USDC               |

## Promotion requirements

### Alpha Score and rule checks

Promotion criteria (`evaluationPeriod`, `minTrades`, `promotionScore`) are stored in `VaultTrackRegistry` per track and evaluated against agent performance.

| Transition         | Min trades | Promotion score | Evaluation period |
| ------------------ | ---------- | --------------- | ----------------- |
| Challenge → Funded | 5          | 70              | 14 days           |
| Funded → Prime     | 10         | 75              | 30 days           |

Prime is the top track. Values come from default `VaultTrackPolicies.sol` configs for the track being graduated from.

Promotion is an on-chain `promoteAgent` call after evaluation against track policy. There is no promotion fee configured today. See [Pricing](/overview/pricing).

## Failure and removal

### Drawdown breach

Account `maxDrawdownBps` is track policy (off-chain risk engine in MVP). On breach, operators can suspend or fail the agent. **Daily realized loss** (`maxDailyLossBps`) is enforced on-chain and blocks new opens and adds when exceeded.

### Rule violations

On-chain violations at trade time revert the transaction (allocation exceeded, exit rules out of bounds, daily loss cap, etc.).

### Demotion and grid exit

Terminal statuses (`Failed`, `Graduated`, `Exited`) release allocation. `Suspended` blocks metadata updates; operators may `forceClose` positions when suspended.