Terms of Service

1. Acceptance of Terms

By accessing or using HYPERTRADE ("the Interface"), you agree to these Terms of Service and our Privacy Policy. If you do not agree, do not use the Interface.

HYPERTRADE is a software interface operated by LUNATIC WISDOM LABS LLC ("the Company"), a Wyoming limited liability company.

1.1 Restricted Jurisdictions & U.S. Persons

HYPERTRADE strictly prohibits use by "U.S. Persons" (as defined in Regulation S under the U.S. Securities Act of 1934) and residents of Restricted Jurisdictions.

• • Prohibited Jurisdictions: United States, United Kingdom, Canada, Japan, North Korea, Iran, and any jurisdiction subject to OFAC sanctions.
• • Representation: By using the Interface, you represent and warrant that you are NOT a resident, citizen, or located in any of these territories, and you are not using a VPN, proxy, or other technology to bypass these restrictions.
• • Enforcement: We reserve the right to implement technical geofencing and terminate access to anyone found violating these regional restrictions.

2. Description of Service

HYPERTRADE is a non-custodial software interface that allows users to interact with the autonomous Hyperliquid decentralized exchange protocol. The Interface does not execute trades or provide liquidity. It facilitates visibility into:

• Spot Trading Interface: Visibility for direct ownership of supported crypto assets on the Hyperliquid L1.
• Perpetual Futures ("Perps"): Interface for interacting with leveraged contracts settled on-chain.
• Synthetic Perpetuals: Decentralized price-tracking contracts. You acknowledge that these are NOT issuer-authorized securities, and the Company is not an issuer or distributor of any financial instrument.

All trades and settlements are executed on-chain via the Hyperliquid blockchain. HYPERTRADE is a software interface provider and is NOT a broker, financial advisor, or intermediary. We do not have access to, or custody of, your private keys or funds.

3. Non-Custodial Nature & User Responsibility

• No Custody: HYPERTRADE does not hold, custody, or control user funds, wallets, or trading positions at any time.
• Wallet Management: You can use our free embedded wallet service created via Privy. You are solely responsible for safeguarding your private keys, seed phrases, and wallet access.
• Key Recovery: You can export your private keys from https://home.privy.io. Use the same login method you used on HyperTrade. Privy is a trusted third-party wallet provider that we use to create your wallet.
• Acknowledgment of Risk: HYPERTRADE cannot recover, reverse, or restore any assets, positions, or transactions. All blockchain transactions are final and irreversible.

4. Two-Balance System

The Interface uses separate balances for security and functionality:

• Wallet Balance: On Arbitrum blockchain, used for deposits/withdrawals to external wallets.
• Trade Balance: On Hyperliquid L1, used for trading. Separated into Perp Balance and Spot Balance.

Moving funds between balances requires on-chain transactions. You acknowledge that moving from Trade Balance to Wallet Balance incurs a 1 USDC fee (L1 to L2 Bridge Fee).

5. Eligibility & Account Security

You warrant that you are of legal age (18+ or your jurisdiction's age of majority) to participate in derivatives trading. You are responsible for all activities under your wallet and must immediately notify support@hypertrade.exchange of any unauthorized use.

6. Fee Structure

You agree to pay the following fees, which are clearly disclosed in the Interface:

• Trading Fees: Variable based on asset and maker/taker status, starting at 0.053%.
• Wallet Creation: Free
• Deposits: Free (third-party providers like Moonpay may charge their own fees)
• Wallet → Trade Balance: Free
• Trade → Wallet Balance: Fixed 1 USDC
• Perp ↔ Spot Balance Transfers: Free
• Withdrawals to External Wallets: Free

All fees are non-refundable. Funding rates (periodic payments between long and short traders) are determined by the protocol, not HYPERTRADE.

7. Trading Risks & Liquidation

• High-Risk Activity: Leveraged futures trading is highly speculative and can result in total loss of your margin.
• Liquidation Risk: If your perp position's losses exceed your available margin, it will be automatically liquidated.
• Isolated Margin: Only the margin allocated to that specific position is at risk.
• Cross Margin: All available perp balance can be used as margin. A single liquidation can wipe out your entire perp balance.
• Spot Trading: No liquidation risk, but market price fluctuations can result in losses.
• Balance Separation: Your spot balance cannot be liquidated due to perp positions. However, moving funds between balances while holding positions will adjust your liquidation price.
• No Advice: Nothing in the Interface constitutes financial, legal, or tax advice. You are solely responsible for your trading decisions.

8. Market-Specific Features & Limitations

The Interface displays data from decentralized protocols which may have the following features:

• 24/7 Availability: The underlying protocol operates 24/7.
• Discovery Bounds: Price movement restrictions determined by the Hyperliquid protocol.
• Open Interest Caps: Protocol-level limits on position sizes.
• Oracle Dependency: Synthetic perpetuals rely on the Pyth Network and Hyperliquid L1 oracles. The Company is not responsible for the accuracy, uptime, or latency of these third-party oracles.

You accept that these features are governed by the protocol, not the Interface.

9. Third-Party Services

The Interface integrates third-party services beyond our control:

• Privy: Wallet creation and authentication
• Moonpay: Fiat-to-crypto purchases (requires KYC, subject to Moonpay's terms)
• Pyth Network: Price oracle data
• Arbitrum: Layer 2 blockchain for USDC deposits/withdrawals
• Hyperliquid Protocol: Underlying DEX and settlement layer

You acknowledge that HYPERTRADE is not responsible for failures, inaccuracies, or changes to these services. Use of third-party services is subject to their respective terms.

10. Deposits, Withdrawals & Transfers

• Supported Asset: USDC (USD Coin) on Arbitrum network only.
• Deposit Methods: Direct USDC transfer to your wallet address or purchase via Moonpay.
• Withdrawal: You can withdraw to any valid Arbitrum-compatible address (MetaMask, Binance, etc.). Withdrawals typically complete in 2-4 minutes but are subject to network conditions.
• Irreversibility: All blockchain transactions are final. Sending to incorrect addresses results in permanent loss of funds.
• No Reversals: HYPERTRADE cannot reverse, cancel, or recover incorrectly sent transactions.

11. One-Tap Trading & Authorizations

By using the embedded Privy wallet session keys (one-tap trading feature), you authorize HYPERTRADE to execute trades on your behalf without requiring individual transaction approvals. You understand this convenience comes with responsibility to secure your device and account access.

12. Protocol Dependency & Technical Risks

The Interface's functionality depends entirely on external infrastructure:

• Smart Contract Risk: Bugs or exploits in Hyperliquid smart contracts could result in loss of funds.
• Network Congestion: High blockchain traffic may delay or prevent transactions.
• Oracle Failure: Inaccurate price feeds could result in improper liquidations or execution prices.
• L1/L2 Bridge Risk: Cross-chain transfers involve technical risk.

HYPERTRADE is not liable for any losses resulting from protocol-level issues, network failures, or smart contract vulnerabilities.

13. Prohibited Use

You agree not to:

• Use the Interface from jurisdictions where such services are prohibited
• Engage in market manipulation, wash trading, or other fraudulent activities
• Attempt to exploit bugs or vulnerabilities for financial gain
• Use the Interface for money laundering or terrorist financing
• Violate any applicable laws or regulations

We reserve the right to restrict access at our discretion for any violation.

14. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY LAW, THE COMPANY SHALL NOT BE LIABLE FOR:

• Trading losses or liquidations
• Loss of funds due to user error or lost keys
• Inaccurate price data from Pyth, Hyperliquid, or other third-party oracles
• Any indirect, incidental, or consequential damages

THE INTERFACE IS PROVIDED "AS IS" WITHOUT WARRANTIES OF ANY KIND.

15. Indemnification

You agree to indemnify, defend, and hold harmless HYPERTRADE, its affiliates, officers, directors, employees, and agents from any claims, damages, losses, liabilities, costs, or expenses (including legal fees) arising from:

• Your breach of these Terms
• Your trading activity or decisions
• Your violation of any law or third-party rights
• Your negligence or willful misconduct

16. Modifications & Termination

We may modify these Terms at any time by updating the "Last Updated" date. Continued use after changes constitutes acceptance. We may suspend, restrict, or terminate your access for any breach or at our discretion without notice.

17. Governing Law & Dispute Resolution

These Terms shall be governed by the laws of the State of Wyoming, USA. Any disputes shall be resolved through binding arbitration in Cheyenne, Wyoming, and you waive your right to a jury trial.

18. Severability & Entire Agreement

If any provision is found unenforceable, the remaining provisions remain in effect. These Terms, together with our Privacy Policy, constitute the entire agreement between you and HYPERTRADE.

19. No Solicitation (European Union)

HYPERTRADE does not target or solicit users in the European Union (EU). Access by users in the EU is at the user's 'exclusive initiative' (Reverse Solicitation). By using the Interface, you acknowledge that you have not been prompted to use the service via any marketing or advertising directed at the EU.

20. Acknowledgment of Understanding

BY USING HYPERTRADE, YOU ACKNOWLEDGE THAT YOU HAVE READ, UNDERSTOOD, AND AGREE TO BE BOUND BY THESE TERMS. YOU UNDERSTAND THE RISKS OF LEVERAGED TRADING, THE NON-CUSTODIAL NATURE OF THE SERVICE, AND THE TECHNICAL DEPENDENCIES INVOLVED.

21. Contact

For questions or legal inquiries, please contact us at: