Perpetual futures, on Nexus Connect.

Perps are the fastest-growing market a prop firm can offer and the one most firms bolt on through a second vendor, a second account record and a second set of rules. Nexus runs them where everything else already runs: a perps account is an ordinary Nexus Connect account with a different asset class, so your CRM, risk engine, payout workflow, fraud review and support all see it without new tooling.

Perps are a Nexus Connect product, and only that: they run on Nexus Connect accounts and the Nexus simulated execution engine, never on Rithmic, Ironbeam or Volumetrica accounts. Traders trade them in the same two interfaces as futures, Nexus Trader and Onyx, on a dedicated perpetual market-data feed that is acquired separately from CME data and never mixed with it. The product is 24/7, the trading day is the UTC day, and every program rule is plan configuration rather than code.

Perps programs usually run a cycle model rather than a single evaluation target, and Nexus supports it as plan data. The balance after each payout becomes the new baseline: the next profit target is a percentage of that baseline, and the maximum loss level sits a fixed drawdown below it, trailing within the cycle and stopping at the baseline.

Withdrawable profit is the balance above the baseline, capped per payout by account size and by the trader's lifetime cap, and a payout is deducted at the request so the account never trades on money that has already been claimed. A refused payout restores the previous cycle. Every one of those figures is a field on the plan, so two programs can run different cycles on the same deployment.

A perps account carries the same plan, balance, drawdown model and evaluation state as a futures account, on the same record your back office reads. Fills, positions and ledger entries land in the same journal; only the perps-specific history (funding, liquidation events, the cycle state) is kept alongside it.

That is what keeps a second market from forking your operations. The risk engine evaluates a perps rule with the same authority as a futures rule, the CRM shows the cycle figures on the account page, and a payout request follows the same review.