Terms of Use
IMPORTANT NOTICE
Our services are not available to individuals or entities that are residents, citizens, incorporated in, or operating from the United States of America or any other jurisdiction subject to restrictions under international sanctions (“Restricted Person”). No exceptions are permitted. If you are a Restricted Person, you must not attempt to access or use the LeverUp Interface. The use of VPNs or similar methods to disguise jurisdictional location in order to access our services is strictly prohibited.
Welcome to LeverUp, a decentralized perpetual futures trading protocol (the “Protocol”) and its accompanying web-based interface (the “Interface”). LeverUp provides access to smart contracts deployed on blockchain infrastructure that enable leveraged perpetual trading of digital assets.
These Terms of Use (the “Terms”) form a legally binding agreement between LeverUp (“LeverUp,” “we,” “us,” or “our”) and you, the user (“you” or “your”). By accessing or using the Interface, you acknowledge and agree to be bound by these Terms. If you do not agree, you must not use the Interface.
You should review Section 8 (Risks) and Sections 10 and 11 (Disclaimers and Limitations of Liability) before accessing or using the Protocol.
1. ELIGIBILITY
By using the Interface, you represent and warrant that:
You are of legal age and have the capacity to enter into binding agreements in your jurisdiction;
If acting on behalf of an entity, you have full authority to bind that entity;
You are not a U.S. Person, and you are not accessing perpetual contracts from a U.S. IP address;
You are not a resident, national, or agent of a country or region subject to international embargoes or sanctions;
You are not designated on any sanctions list maintained by the United States, United Kingdom, European Union, United Nations, or other relevant authority;
You will not transact with sanctioned persons or entities;
You will not use tools (including VPNs or anonymizers) to bypass restrictions;
Your use of the Interface does not violate any applicable laws.
2. ACCESS AND USE
You understand and agree that:
The Interface may be unavailable at times due to maintenance, technical issues, or external disruptions;
LeverUp may disable or restrict your access at any time if you breach these Terms;
Features of the Interface may change or be discontinued at any time;
Information on the Interface does not constitute an offer or solicitation;
LeverUp does not act as a broker, advisor, or clearing agent;
You are solely responsible for your use of the Interface, including all transactions and digital asset transfers;
You are solely responsible for reporting and paying any taxes related to your use;
LeverUp has no control over third-party digital assets or service providers.
3. PROHIBITED USES
You may not use the Interface for:
Illegal activities including money laundering, terrorist financing, or trafficking in prohibited goods;
Transactions that infringe intellectual property rights;
Manipulative or abusive trading practices such as front-running, wash trading, or market manipulation;
Uploading or transmitting harmful code or malware;
Harassment, threats, discrimination, or abusive conduct;
Impersonating another individual or misrepresenting identity;
Assisting others to engage in prohibited activities.
4. FEES
You are responsible for all fees associated with use of the Interface, including blockchain gas fees and trading-related fees. Displayed fee estimates may not reflect actual transaction costs.
5. NO PROFESSIONAL ADVICE
Information provided through the Interface is for general informational purposes only and does not constitute financial, legal, or tax advice. You should consult with qualified professionals before engaging in any financial activity.
6. PROPRIETARY RIGHTS
LeverUp owns all rights to its brand, name, and proprietary content on the Interface.
By submitting content or feedback, you grant LeverUp a worldwide, royalty-free license to use such materials.
Subject to compliance with these Terms, you are granted a limited, revocable, non-transferable license to use the Interface.
The Protocol itself operates as open-source software on blockchain networks and is not proprietary to LeverUp.
7. MODIFICATION AND TERMINATION
LeverUp may modify, suspend, or disable the Interface at any time without liability. Continued use of the Interface following updates to these Terms constitutes acceptance of the revised Terms.
8. RISKS
By using LeverUp, you acknowledge the following risks, which include but are not limited to:
Leverage and Liquidation Risk: Positions with high leverage (up to 1001x) may be liquidated quickly due to small market movements.
Oracle Risk: Price feeds from third-party oracles may be delayed, inaccurate, or manipulated, leading to unexpected losses.
Smart Contract Risk: Vulnerabilities, bugs, or exploits in smart contracts may cause total loss of assets.
Volatility Risk: Digital asset markets are highly volatile and may experience extreme price swings.
Forks and Protocol Changes: Blockchain networks may undergo forks, affecting asset functionality or value.
Key Security: Loss of private keys results in irreversible loss of access to assets.
Third-Party Risks: LeverUp is not responsible for third-party promotions, services, or resources.
Regulatory Risks: Future laws or regulatory actions may restrict or prohibit your use of LeverUp.
You agree that LeverUp assumes no liability for these risks and that you use the Protocol entirely at your own risk.
9. THIRD-PARTY RESOURCES
The Interface may reference third-party content, services, or promotions. LeverUp does not endorse or control these resources and bears no responsibility for their accuracy or reliability.
10. DISCLOSURES
LeverUp does not operate as an exchange, broker, or clearing agent.
All trades are executed peer-to-peer via smart contracts.
LeverUp does not hold, manage, or control your funds.
LeverUp is not registered with or regulated by any financial authority.
11. WARRANTY DISCLAIMERS
The Interface and Protocol are provided “as-is” and “as available” without warranties of any kind, whether express or implied. LeverUp makes no guarantees regarding availability, reliability, accuracy, or suitability for any purpose.
12. LIMITATION OF LIABILITY
To the maximum extent permitted by law:
LeverUp shall not be liable for indirect, incidental, or consequential damages, including lost profits, lost data, or loss of assets;
LeverUp is not liable for failures caused by force or third-party providers.
13. INDEMNIFICATION
You agree to indemnify and hold LeverUp harmless from any claims, damages, or expenses arising from your use of the Interface, violation of these Terms, or misuse of the Protocol.
14. GENERAL PROVISIONS
No failure to enforce a right constitutes a waiver.
Certain sections will survive termination of these Terms.
If any provision is found invalid, the remainder shall remain enforceable.
LeverUp is not liable for delays or failures caused by circumstances beyond its control.
You may not assign rights under these Terms without LeverUp’s consent.
These Terms constitute the entire agreement between you and LeverUp.
15. CONTACT
For questions regarding these Terms, please contact LeverUp via official communication channels.
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