🚨 Prop Firms Drain Crypto

🚨 Crypto Volume Vanishing

By Foxify
Dec 15, 2025, 4:33 PM
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DEXs and CEXs are hemorrhaging volume to Web2 proprietary trading firms in a massive shift that's reshaping crypto trading.​

The concerning reality:

  • Most prop firms operate B-book models with demo accounts
  • No actual trades or real order flow occur
  • Payouts funded by new user sign-up fees

A $20 billion annual industry built on questionable foundations is siphoning hundreds of billions in trading volume away from legitimate crypto exchanges.​

This opaque system raises serious questions about market integrity and trader protection in an already volatile space.​

Sources
Read more about Foxify

Foxify Hits $10M Daily Trading Volume Milestone

Foxify Hits $10M Daily Trading Volume Milestone

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Instant Funded Trading Accounts Now Available for Gold and Silver

Instant Funded Trading Accounts Now Available for Gold and Silver

A decentralized trading platform now offers **instant funded accounts** for trading Gold (XAU) and Silver (XAG). **Key features:** - No evaluation phases required - Immediate funding upon account creation - Instant payout processing Traders can begin with real capital from day one, eliminating the traditional waiting period associated with funded trading programs. The platform provides direct access to precious metals markets without preliminary testing requirements.

KodiakFi FUNDED Program Pays Out Dozens of Double Cashouts in 2026

KodiakFi FUNDED Program Pays Out Dozens of Double Cashouts in 2026

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Trader Receives $300 Instant Payout and Silver Level Promotion

Trader Receives $300 Instant Payout and Silver Level Promotion

A trader on Foxify's decentralized platform received **$300 in instant payouts** and earned a promotion to Silver level status. The promotion unlocks access to **$5,000 in on-chain funding** for future trading activities. - Transaction verified on-chain via [SonicScan](https://sonicscan.org/tx/0x4205f27d821701e1e86c87d0f4af51dee541b97447d4178bde3f7b47607fe213) - Part of Foxify's prop trading program structure - Demonstrates platform's tier-based advancement system The payout represents the platform's instant settlement feature for successful traders.

🎄 Christmas Hamper

🎄 Christmas Hamper

**Foxify** launches a **$350,000 Christmas trading promotion** in partnership with major platforms including dYdX, Kodiak Finance, and Orderly Network. The platform positions itself as a **volume accelerator and user retention layer** for both centralized and decentralized crypto exchanges. **Key Features:** - Designed to benefit both traders and trading platforms - Works across CEXs and DEXs - Focus on trader-first approach The Christmas promotion includes rewards, bonuses, and trading incentives described as the **largest ever seen in crypto trading**. Foxify appears to be in early stages with plans for continued development and updates.

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