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What is TUT (Tutorial)? Trading the meme on a prop firm account instead of your own balance
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What is TUT (Tutorial)? Trading the meme on a prop firm account instead of your own balance

TUT has one of the better origin stories in meme coins, and it is worth knowing before you trade it — not because the...

Fundex24 content team
Fundex24 content team Research & education

TUT has one of the better origin stories in meme coins, and it is worth knowing before you trade it — not because the story predicts the price, but because it tells you exactly what kind of asset you are holding.

Tutorial began as a demonstration. A developer building an educational walkthrough of how to launch a token on BNB Chain deployed one, first on testnet, later on mainnet. The teaching artefact became the product: a token whose entire premise is that it was never meant to be a product. The community adopted the joke, exchanges listed it, and TUT became one of the better-known BNB Chain memes.

A story is not a thesis

Tokens built around education narratives, chain culture or viral attention can gain liquidity very quickly. What they do not gain is the valuation framework of an operating company. There is no revenue, no free cash flow, no multiple you can compare against a peer group.

So the honest framing is: you are not buying an undervalued asset. You are taking a position on where attention and liquidity go next, with a defined amount of money you are willing to lose being wrong.

Verify the token before you analyse the chart

Before trading any asset identified as TUT, confirm the exact blockchain, contract address and market pair. In crypto, ticker collisions and similarly named tokens are common enough that the ticker alone should never be treated as proof of identity.

This is not paperwork. It is the difference between trading the market you researched and trading a different one that happens to share a name.

Turn the stop into the position size

Once the asset is verified, the prop-trading question becomes much simpler: how much of the account should this cost if the idea is wrong?

Consider a $10,000 simulated account with planned risk of 0.25% per trade:

$10,000 × 0.25% = $25 of risk.

If the technically valid stop sits 5% from entry:

$25 ÷ 0.05 = $500 notional position.

If TUT becomes more volatile and a valid stop needs to be 10% away:

$25 ÷ 0.10 = $250.

A wider stop does not justify a larger loss. It requires a smaller position. That single sentence separates traders who survive meme markets from traders who fund them.

Slippage eats the tidy arithmetic

Price can move straight through a theoretical stop during thin liquidity or a sudden attention shock, so the realised loss can exceed the spreadsheet figure. The response is to leave headroom below the firm’s actual maximum-loss limits rather than planning trades right up against them.

Three separate BNB Chain meme positions are also not three independent bets. If all three depend on the same narrative and the same liquidity conditions, they fall together — that is one 0.75% position wearing three costumes.

What the account rules actually are

Item $10,000 account
Daily loss limit 5% ($500)
Overall loss limit 10% ($1,000)
Profit target (phase 1 / phase 2) 10% / 8%
Minimum trading days per phase 5
Leverage 10x

At 0.25% per trade it takes twenty consecutive losses to reach the daily limit. That is what the number is for.

What “trading with the firm’s money” actually means

Fundex24 runs Challenge, Verification and Funded stages, and the funded account is a simulated account running on live market prices, with a profit share that starts at 80% and scales to 90%.

That changes how the phrase should be read. You are not depositing a personal brokerage balance equal to the notional account size — but the challenge fee is a real expense ($29 for $3,000, $59 for $6,000, $89 for $10,000), and breaching the rules still ends the account. There is no honest version of this strategy that can be described as risk free.

A four-line plan for TUT

Verify the correct token. Identify the level that invalidates the setup. Convert that stop distance into a position size. Confirm that the combined risk of every open meme position still sits comfortably inside the account limits.

The edge is not predicting the next viral candle. It is making sure one viral candle in the wrong direction cannot decide the fate of the account.

Further reading: meme coin risk management in a prop challenge and how a prop firm handles meme coins.

START HERE

Pick a challenge and start trading

Two-step evaluation, transparent rules, profit split up to 80%.

Base $3,000 $29 one-off Start the $3,000 challenge
Starter $6,000 $59 one-off Start the $6,000 challenge
Skilled $10,000 $89 one-off Start the $10,000 challenge

Not sure which size fits? Read the rules · Common questions

TUT (Tutorial) FAQ

What is TUT?

Tutorial is a BNB Chain meme token that originated as a demonstration of how to launch a token — an educational artefact that the community adopted as a meme and that later traded on major venues.

Is TUT connected to any company?

Treat it as a community token unless a primary source proves otherwise. Narrative association with a person, exchange or ecosystem is not evidence of official backing.

How do I make sure I am trading the right TUT?

Check the blockchain, contract address and market pair on the platform you are using. Ticker collisions are common in crypto, and the ticker alone identifies nothing.

Can TUT be shorted?

On venues offering perpetual contracts, positions can be opened in both directions. Actual availability depends on the instrument list in the terminal at the time.

How much can I lose on a challenge account?

The account rules cap it: 5% in a day ($500) and 10% overall ($1,000) on a $10,000 account. Separately, the challenge fee is money already spent.

Why does a wider stop mean a smaller position?

Because account risk is held constant. Risk in dollars ÷ stop distance = position size, so a larger denominator produces a smaller position.

ASK US

Questions about the Fundex24 challenges?

Open the support chat and ask — the team replies right there.

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Prefer to read first? Browse the FAQ · Compare the challenges

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