Today we are launching the Dolvero Public Payout Ledger — a live, permanent, verifiable record of every payout we have ever processed. It is available at app.dolvero.com/live-ledger, requires no account to view, and is updated the moment each payout is confirmed.
This is not a feature we added because it is good marketing. It is a feature we added because it makes a specific problem in the prop trading industry harder to lie around.
The Problem This Solves
The prop trading industry has a trust problem that no amount of "100% legitimate" badges or influencer endorsements has managed to fix. The core issue is asymmetric information: a firm knows exactly who it has paid and when, and prospective traders have no independent way to verify that information.
This asymmetry enables a specific kind of fraud that has become endemic. A firm that has processed zero payouts can claim to have processed thousands. A firm that has delayed payouts by weeks can claim next-day processing. A firm that has manufactured rule violations to avoid payouts can claim a clean track record. Without public, verifiable data, there is no way to know.
Review platforms help, but they are gameable. A firm can post fake reviews, bury negative ones through flag campaigns, or simply offer refunds in exchange for review removals. The structural problem remains.
A public ledger changes the economics of lying. If every payout is recorded — amount, timestamp, account size tier, anonymized trader identifier — then claims about payout history can be independently checked. Not by taking the firm's word for it. By looking at the data.
What the Ledger Shows
Every entry in the Dolvero Public Payout Ledger contains:
- Payout ID: a unique identifier for the transaction
- Timestamp: the exact UTC datetime the payout was confirmed
- Account size tier: the funded account size (e.g. $25,000, $100,000)
- Payout amount: the gross amount paid to the trader
- Processing time: elapsed time from request submission to confirmation
- Anonymized trader ID: a hashed identifier that lets traders verify their own payout appears on the ledger without revealing their identity to others
What the ledger does not show: full trader names, email addresses, banking details, account numbers, or any other personally identifiable information. Privacy and verifiability are not in conflict here — they are both design requirements.
How Verification Works
When a trader receives a payout from Dolvero, their confirmation email includes their personal Payout Verification Code — a short alphanumeric string derived from their anonymized trader ID and payout ID. This code can be entered into the verification field on the ledger page to confirm that their specific payout is recorded.
This means:
- Any trader can prove to a third party that they received a Dolvero payout, by sharing their Payout Verification Code and pointing to the public ledger entry it corresponds to.
- Any third party can independently confirm that the ledger entry exists and matches the claimed details.
- Neither party reveals the trader's identity in the process.
We are not claiming this is a perfect cryptographic proof system. It is not a blockchain. But it is a meaningful step beyond "trust us" — it makes our payout claims independently checkable by anyone with an internet connection.
The Full December History Is Already There
We did not start the ledger today. We back-populated it with all 25 payouts from December 2025 — our entire operating history. Every payout we have ever processed is in the ledger as of launch.
This matters because a ledger that starts clean on launch day does not demonstrate anything about past behavior. We wanted traders evaluating Dolvero to be able to see everything from day one of our operations, not just from the day we introduced the feature.
The December 2025 entries were verified against our internal payment processor records before publication. The $54,821 total, the 25 payouts, the 1.3-hour average processing time we reported in our Wrapped 2025 post — all of it is now auditable line by line at the ledger.
What We Are Committing To Going Forward
Launching the ledger creates obligations, and we want to be explicit about them:
Every payout, no exceptions
Every payout Dolvero processes will appear on the public ledger. There is no category of payout that is excluded. Large payouts, small payouts, payouts to traders who later violated our rules on a different account — all of them appear. The ledger is not curated.
Real-time updates
Ledger entries are created automatically when a payout is confirmed by our payment processor. There is no manual publication step that could introduce delays or selective filtering. The data you see at app.dolvero.com/live-ledger reflects our live operational state.
Historical permanence
We will not delete or modify ledger entries retroactively. If we ever need to add a correction — for example, if a processing time was logged incorrectly — the correction will appear as a new entry with a note, and the original entry will remain visible with a "corrected" flag. The audit trail is permanent.
Annual attestation
We plan to commission an annual third-party attestation that the ledger data matches our internal payment records. The first attestation will cover calendar year 2026. Details on the attestation provider and scope will be published on the changelog when confirmed.
Why Not a Blockchain?
We evaluated blockchain-based approaches for the ledger and decided against them for the current version. The practical reason: the overhead of on-chain publication would add latency to every payout, and our payout processing time is already something we are actively optimizing. We did not want to slow down real payouts to achieve a cryptographic property that a well-designed centralized ledger can approximate for our current scale.
This does not mean we are philosophically opposed to on-chain verification. If the industry moves toward standardized on-chain payout attestation and the tooling matures, we will revisit. For now, the combination of the public ledger, the verification code system, and the planned annual third-party attestation represents a meaningful and practical improvement over the status quo.
Addressing the Obvious Question
You may be thinking: a firm could simply lie in its public ledger by fabricating entries.
Yes. This is technically possible. We could publish fictional payouts and claim they are real. We could not, however, do this without creating a falsifiable claim. Traders who received the fictional payouts would not have the corresponding Payout Verification Codes. They would not be able to confirm their payout against the ledger. The verification code system is not foolproof — a sufficiently motivated firm could attempt to construct a consistent fiction — but it raises the cost and risk of fabrication substantially compared to an unverified claim.
More importantly: we do not benefit from falsifying our ledger. Our business model requires traders to pass evaluations, receive funded accounts, trade profitably, and withdraw. That process generates real, verifiable payout data. Fabricating supplementary entries adds risk without adding revenue. The only rational motivation to falsify would be to attract evaluation purchases from traders who would not otherwise trust us — and the evaluation fees we would collect would be offset by the funded accounts we would eventually need to actually pay out.
We are sharing this reasoning not because we expect you to simply accept it, but because you should apply it as a mental model when evaluating any prop firm's transparency claims. Ask: does this firm's business model incentivize fabrication, or does it incentivize real payouts? And then check the data.
How to Use the Ledger as a Prospective Trader
If you are considering starting a Dolvero evaluation but have not yet, here is how to use the ledger as part of your due diligence:
- Visit app.dolvero.com/live-ledger and review the full history.
- Look at the distribution of payout amounts and account sizes. Do they appear consistent with a real trader population, or do they cluster suspiciously?
- Look at the processing times. Are they consistent, or do some payouts show anomalously long processing that contradicts the stated SLA?
- Look at the timestamp distribution. Are payouts being processed at realistic times, or do they cluster in patterns that suggest batch fabrication?
- If you know any current Dolvero traders, ask them to share their Payout Verification Code and verify it against the ledger yourself.
We want you to do this. The ledger exists precisely so that this kind of scrutiny is possible.
What Comes Next
The Public Payout Ledger is live today. The rule update we are also publishing this week — simplifying the maximum risk per trade to 2% — is detailed in a separate post. You can read about the evaluation process at /how-it-works, review all current rules at /rules, and start an evaluation at app.dolvero.com/start.
The ledger is the beginning of a transparency infrastructure, not the end of one. More features are in development. We will announce them when they are ready.
