Hyperliquid — Terms

Acceptance of Terms

By accessing, browsing, or using any feature of the platform available at hyperliquid.xyz, you agree to be legally bound by these Terms of Service in their entirety. These terms constitute a binding agreement between you and the operators of the service, governing your use of the hyper liquid app and all associated tools, interfaces, and APIs. If you do not agree to these terms, you must immediately cease all use of the platform. Accessing the exchange through any means — including web browsers, mobile interfaces, or third-party integrations — constitutes acceptance of these terms. The service reserves the right to update these terms at any time, and your continued use following any such update constitutes your agreement to the revised version.

Eligibility to Use Hyperliquid

Access to the platform is restricted to individuals who are at least 18 years of age and have the full legal capacity to enter into a binding contract under the laws of their jurisdiction. By using the service, you represent and warrant that you meet these eligibility requirements and that your use of the exchange does not violate any law, regulation, or governmental order applicable to you. Citizens or residents of jurisdictions where access to decentralized derivatives trading is restricted or prohibited are not permitted to use this platform. The team reserves the right to restrict or terminate access at its discretion if it has reason to believe that a user does not meet the applicable eligibility criteria. Providing false information to circumvent these requirements is a material breach of these terms.

Account and Wallet Terms

The platform operates on a self-custodial model, meaning that users connect their own cryptocurrency wallets rather than creating a traditional username-and-password account. You are solely responsible for the security of your wallet, including the safekeeping of your private keys and seed phrases. The service cannot recover lost wallets, reverse unauthorized transactions, or restore access to funds that have been transferred out of your wallet without your authorization. Any activity that occurs through a wallet address connected to the hyper liquid dex is your sole responsibility, regardless of whether you personally initiated that activity. You agree to notify the support team immediately if you become aware of any unauthorized use of your wallet in connection with this exchange.

Permitted Use of the Service

The platform is provided for lawful trading, liquidity provision, and related financial activities on the hyperliquid dex. You agree to use the service only for its intended purposes and in compliance with all applicable laws, regulations, and these Terms of Service. Permitted uses include placing and managing orders, accessing market data, interacting with on-chain vaults, and utilizing the APIs in accordance with the published API terms. You acknowledge that trading perpetual futures and other derivatives carries significant financial risk, and the service does not provide investment advice or recommendations of any kind. All trading decisions are made independently by you, and you bear full responsibility for the outcomes of those decisions.

Intellectual Property Rights

All intellectual property associated with this platform, including but not limited to the interface design, software code, branding, trademarks, and written content, is owned by or licensed to the operators of Hyperliquid. Nothing in these Terms of Service grants you any ownership interest in the platform's intellectual property. You are granted a limited, non-exclusive, non-transferable, and revocable license to access and use the service for its intended purposes. Any unauthorized reproduction, distribution, modification, or commercial exploitation of the platform's intellectual property is strictly prohibited and may result in legal action. User-generated content submitted to the platform, such as feedback or support correspondence, may be used by the team to improve the service without any obligation of compensation.

Prohibited Conduct on Hyperliquid

Certain behaviors are strictly prohibited when using this exchange, and engaging in them may result in immediate suspension or permanent termination of access. Prohibited conduct includes, but is not limited to: market manipulation, wash trading, spoofing, layering, or any other form of deceptive trading practice. Users must not attempt to exploit bugs, vulnerabilities, or unintended behaviors in the platform's smart contracts or interface without first disclosing them through responsible reporting channels. Using automated bots or scripts in a manner that degrades service performance for other users is not permitted. Circumventing any geographic or access restriction implemented by the platform, using stolen funds, or engaging in any activity that violates applicable anti-money laundering or sanctions laws are also grounds for immediate termination of access.

Disclaimers and No Warranties

The service is provided on an 'as is' and 'as available' basis without warranties of any kind, whether express, implied, or statutory. The operators of the platform make no representations regarding the accuracy, reliability, completeness, or timeliness of any information displayed on the hyperliquid app, including market data, prices, and order book depth. Trading in cryptocurrency derivatives involves substantial risk of loss, and past performance is not indicative of future results. The platform does not guarantee that the service will be uninterrupted, error-free, or free from security vulnerabilities. To the fullest extent permitted by law, all implied warranties, including merchantability, fitness for a particular purpose, and non-infringement, are expressly disclaimed.

Hyperliquid Limitation of Liability

To the maximum extent permitted by applicable law, the operators of this exchange shall not be liable for any indirect, incidental, special, consequential, or punitive damages arising out of or related to your use of the platform, even if advised of the possibility of such damages. This includes, without limitation, losses arising from trading decisions, smart contract bugs, network outages, oracle failures, or unauthorized access to your wallet. The total aggregate liability of the platform to you for any claim arising under these terms shall not exceed the amount of fees you paid to the service in the thirty days preceding the event giving rise to the claim. Some jurisdictions do not permit the exclusion of certain warranties or the limitation of certain liabilities, so portions of this section may not apply to you depending on your location.

Indemnification

You agree to indemnify, defend, and hold harmless the operators of the platform and their affiliates, officers, employees, contractors, and agents from and against any claims, liabilities, damages, losses, and expenses — including reasonable legal fees — arising out of or in any way connected with your use of the service. This indemnification obligation covers scenarios including your violation of these Terms of Service, your infringement of any third-party rights, your breach of any applicable law or regulation, and any losses suffered by other users as a result of your prohibited conduct on the hyper liquid dex. The platform reserves the right, at its own expense, to assume the exclusive defense and control of any matter subject to indemnification by you, in which case you agree to cooperate fully with that defense.

Dispute Resolution

Any dispute, claim, or controversy arising out of or relating to these terms or your use of the platform shall be resolved through binding arbitration rather than in court, except where prohibited by applicable law. Before initiating arbitration, you agree to contact the support team and attempt to resolve the dispute informally for a period of at least thirty days. If informal resolution is unsuccessful, arbitration shall be conducted by a recognized arbitration body under its then-current commercial arbitration rules. The arbitration shall be conducted on an individual basis, and you waive any right to participate in a class action lawsuit or class-wide arbitration against the platform. Nothing in this section prevents either party from seeking emergency injunctive relief from a court of competent jurisdiction to prevent irreparable harm pending the outcome of arbitration.

Termination of Access

The operators of this exchange reserve the right to suspend or permanently terminate your access to the platform at any time, for any reason, with or without prior notice. Grounds for termination include, but are not limited to, violation of these Terms of Service, engagement in prohibited conduct, failure to meet eligibility requirements, or actions that jeopardize the security or integrity of the network. Upon termination, your license to use the service is immediately revoked, and you must cease all use of the platform. Because the service operates on a self-custodial, on-chain model, termination of your access to the interface does not affect your ability to interact directly with the underlying smart contracts; however, such direct interaction is undertaken entirely at your own risk. Provisions of these terms that by their nature should survive termination — including disclaimers, limitations of liability, and indemnification — shall continue to apply.

Changes to These Terms of Service

The operators of the platform reserve the right to modify these Terms of Service at any time to reflect changes in the service, applicable law, or business practices. When material changes are made, users will be notified through a prominent announcement on the platform or through other appropriate channels, and the effective date of the revised terms will be clearly indicated. Your continued use of Hyperliquid following the posting of updated terms constitutes your binding acceptance of those changes. If you do not agree with any modification to these terms, your sole remedy is to discontinue use of the exchange. It is your responsibility to review these terms periodically, and the platform encourages all users to check for updates on a regular basis to remain informed of their rights and obligations.