Different categories to try:
Any%: No rules (current record to my knowledge is 23:98 by crobodile)
0 Checkpoint%: You may only touch the very first checkpoint, yes it is possible (current record to my knowledge is 29:74 by me, i don't have video proof tho)
100%: Stand on every platform, checkpoint, sign and pillar possible (current record to my knowledge is 1:22:55 by space)