The MC, known as a member of Sweatshop Union, won a staggering $100,500, beating out the second place Said the Whale (who won $75,000) and the third place Vince Vaccaro (who won $50,000).
The atmosphere in the Commodore was buzzing, and all three artists earned massive crowd reactions.
Vince Vacarro began the night with a selection of poppy reggae rock tunes, throwing in a cover of the R&B classic "Stand By Me." Next up, Said the Whale played a set of upbeat pop rock, bringing up dozens of fellow Peak Performance Project participants on stage for the jokey "We Are the Music: Musicians for (Spare) Change." Kyprios wrapped up the night with his funky hip-hop stylings, and he was backed by a massive live band that included horn players and a DJ.
Following the performance, massive novelty cheques were handed out to the winners as the stage and audience were showered in confetti.
This was the second year of the annual Peak Performance Project. Last year, Kelowna-based prog pop outfit We Are the City took home top honours, beating out runners-up the Left and Bend Sinister.