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Terms of Use ​

Last updated: 3 August 2026

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Our services are not available to individuals or entities that are residents, citizens, incorporated in, or operating from the United States of America, or from any jurisdiction subject to restrictions under international sanctions (a "Restricted Person"). No exceptions are permitted. If you are a Restricted Person you must not attempt to access or use the LeverUp Interface. Using a VPN or any similar method to disguise your 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 or the Protocol, you acknowledge and agree to be bound by these Terms. If you do not agree, you must not use the Interface or the Protocol.

Read the following before you use the Protocol: §9 Risks, §10 Risk Controls and Intervention, §15 Warranty Disclaimers, §16 Limitation of Liability, and §18 Dispute Resolution, which sets an exclusive forum and a time limit for bringing a claim.

The Disclaimer is incorporated into these Terms by reference and forms part of them.

1. ELIGIBILITY ​

By using the Interface or the Protocol, you represent and warrant on a continuing basis that:

  1. You are at least 18 years old, of legal age in your jurisdiction, and have the capacity to enter into binding agreements;
  2. If acting on behalf of an entity, you have full authority to bind that entity, and "you" refers to both you and that entity;
  3. You are not a U.S. Person, and you are not accessing perpetual contracts from a U.S. IP address;
  4. You are not a resident, national, or agent of a country or region subject to international embargoes or sanctions;
  5. You are not designated on any sanctions list maintained by the United States, United Kingdom, European Union, United Nations, or other relevant authority, and you are not owned or controlled by any such person;
  6. You will not transact with sanctioned persons or entities;
  7. You will not use tools (including VPNs or anonymizers) to bypass restrictions;
  8. Your use of the Interface and the Protocol does not violate any applicable laws;
  9. You are not using the Interface or the Protocol on behalf of any person who would fail any of the above.

These representations are made each time you access the Interface or submit a transaction. If any of them stops being true, you must cease using the Interface immediately.

2. COMPLIANCE SCREENING ​

We may screen wallet addresses, transactions, and network traffic against sanctions lists, illicit- finance datasets, and geographic restrictions, and may use third-party providers to do so.

We may block, restrict, or decline to service any address or connection identified through that screening, or where we reasonably believe a legal or regulatory requirement applies. We may do so without notice and without liability, and we are not obliged to explain the basis of a screening decision where doing so would prejudice its purpose or breach a legal obligation.

3. ACCESS AND USE ​

You understand and agree that:

  • The Interface may be unavailable at times due to maintenance, technical issues, or external disruptions, and no level of availability is guaranteed;
  • 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, adviser, clearing agent, or fiduciary, and no advisory or fiduciary relationship arises from your use;
  • The Interface is one means of accessing the Protocol; the Protocol operates independently of it and LeverUp does not control it;
  • You are solely responsible for your use of the Interface and the Protocol, including all transactions and digital asset transfers;
  • You are solely responsible for determining, reporting, and paying any taxes related to your use; LeverUp does not withhold, report, or provide tax documentation;
  • LeverUp has no control over third-party digital assets or service providers;
  • No order, transaction, or instruction is guaranteed to execute, to execute at any particular price, or to execute within any particular time.

4. YOUR WALLET AND DELEGATED AUTHORITY ​

You interact with the Protocol using a self-custodied wallet. LeverUp never takes custody of, holds, or controls your assets, and cannot recover them.

You are solely responsible for the security of your device, wallet, private keys, and seed phrase. Any transaction validly signed by your wallet is attributable to you.

If you enable One-Click Trading, you authorise a session key held on your device to sign trading actions on your behalf without further confirmation. Actions signed by that key are attributable to you and are as binding as actions signed by your wallet directly. That authorisation is limited to trading actions and cannot transfer assets out of your wallet. You may revoke it at any time, and you are responsible for revoking it if your device is lost or compromised.

5. PROHIBITED USES ​

You may not use the Interface or the Protocol for:

  • Illegal activities including money laundering, terrorist financing, sanctions evasion, or trafficking in prohibited goods;
  • Transactions that infringe intellectual property rights;
  • Manipulative or abusive trading practices, including front-running, wash trading, spoofing, layering, market manipulation, and coordinated multi-account activity intended to obtain an advantage not available to an ordinary participant;
  • Exploiting oracle update timing, settlement mechanics, execution ordering, or any error, bug, or unintended behaviour of the Protocol;
  • Circumventing, disabling, or interfering with the Protocol's risk controls, rate limits, or eligibility restrictions;
  • Automated access that imposes an unreasonable load on the Interface or its infrastructure;
  • Uploading or transmitting harmful code or malware;
  • Harassment, threats, discrimination, or abusive conduct;
  • Impersonating another individual or misrepresenting identity;
  • Assisting others to engage in any of the above.

Engaging in prohibited use is a material breach of these Terms and may result in the measures described in §10.

6. FEES ​

You are responsible for all fees associated with your use, including blockchain gas fees and trading-related fees. Displayed fee estimates may not reflect actual transaction costs. Fee parameters are on-chain configuration and may change without notice.

7. NO PROFESSIONAL ADVICE ​

Information provided through the Interface or this documentation is for general informational purposes only and does not constitute financial, investment, trading, legal, accounting, or tax advice, and is not personalised to your circumstances. You should consult qualified professionals before engaging in any financial activity.

8. 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, perpetual, irrevocable, royalty-free licence to use such materials without obligation to you.
  • Subject to compliance with these Terms, you are granted a limited, revocable, non-transferable, non-sublicensable licence to use the Interface for its intended purpose.
  • The Protocol itself operates as open-source software on blockchain networks and is not proprietary to LeverUp. Open-source components are governed by their own licences.

9. RISKS ​

Trading perpetual futures with leverage may result in the total loss of your assets. You accept that risk in full.

The Disclaimer contains the complete risk disclosure and forms part of these Terms. It covers, without limitation: total loss and liquidation; auto-deleveraging; accruing holding and funding costs; execution, slippage, and trading restrictions; collateral and settlement risk including settlement in a different asset; LVUSD and LVMON depeg and socialised loss; smart contract, oracle, keeper, and blockchain risk; delegated signing; token and incentive programme risk; and regulatory and tax risk.

You agree that LeverUp assumes no liability for these risks and that you use the Interface and the Protocol entirely at your own risk.

10. RISK CONTROLS AND INTERVENTION ​

The Protocol operates risk controls. You acknowledge and agree that LeverUp and the Protocol may, without prior notice and without liability:

  • reject, delay, or reverse the acceptance of an order;
  • restrict trading on a market, or suspend a market entirely;
  • pause any Protocol function, including order placement, execution, closing, or liquidation;
  • close, reduce, or otherwise act on an open position, including by auto-deleveraging;
  • restrict or terminate your access to the Interface.

Where LeverUp reasonably determines that a position, an account, or a group of related accounts is associated with conduct prohibited under §5, it may in addition settle the position other than at the prevailing market price and withhold proceeds attributable to that conduct, to the extent the Protocol's mechanics permit.

Detection criteria, thresholds, and models are not published, and LeverUp is under no obligation to disclose them. See Risk Controls.

Nothing in this section obliges LeverUp to exercise any of these measures, and a failure or delay in exercising them is not a waiver.

11. NOTICE AND REVIEW ​

Where LeverUp takes action under §10 in respect of your position or access, it will endeavour to notify you through the Interface or another channel you have made available, except where notice would be unlawful, would prejudice an investigation, or is not reasonably practicable.

You may contest such a decision by contacting us at the address in §20. We will review the submission and respond. LeverUp retains the evidence relevant to each decision and will produce it to a court, regulator, law enforcement agency, or formal dispute resolution body where properly required to do so.

12. MODIFICATION AND TERMINATION ​

LeverUp may modify, suspend, or discontinue the Interface at any time without liability.

We may amend these Terms at any time. The "Last updated" date at the top records the current version. Where an amendment is material we will endeavour to give notice through the Interface. Continued use of the Interface after an amendment takes effect constitutes acceptance of the amended Terms. If you do not accept an amendment, you must stop using the Interface.

You may terminate these Terms at any time by ceasing to use the Interface. Termination does not affect positions already open on the Protocol, which remain subject to the Protocol's mechanics.

13. THIRD-PARTY RESOURCES ​

The Interface may reference or integrate third-party content, services, wallets, bridges, oracles, or promotions. LeverUp does not endorse or control these resources and bears no responsibility for their accuracy, availability, security, or reliability. Your use of them is at your own risk and may be governed by their own terms.

14. DISCLOSURES ​

  • LeverUp does not operate as an exchange, broker, clearing agent, or money services business.
  • All trades are executed via smart contracts on a public blockchain.
  • LeverUp does not hold, manage, or control your funds.
  • LeverUp is not registered with or regulated by any financial authority.
  • No content on the Interface is a prospectus, offering document, or solicitation for investment.

15. WARRANTY DISCLAIMERS ​

The Interface and the Protocol are provided "as is" and "as available" without warranties of any kind, whether express, implied, or statutory, including any implied warranty of merchantability, fitness for a particular purpose, title, or non-infringement.

LeverUp makes no guarantee regarding availability, uptime, reliability, accuracy, timeliness, security, freedom from error or vulnerability, or suitability for any purpose. No advice or information obtained from LeverUp creates any warranty not expressly stated here.

Audit reports published by LeverUp are point-in-time reviews of specific code by third parties. They are not a warranty, do not certify the Protocol as secure, and do not cover subsequent changes.

16. LIMITATION OF LIABILITY ​

To the maximum extent permitted by applicable law:

  • LeverUp, its contributors, officers, and affiliates shall not be liable for any indirect, incidental, special, consequential, exemplary, or punitive damages, or for lost profits, lost revenue, lost data, loss of goodwill, or loss of digital assets, arising from or connected to your use of the Interface or the Protocol, whether in contract, tort, or otherwise, and whether or not LeverUp was advised of the possibility;
  • LeverUp is not liable for any failure or delay caused by circumstances beyond its reasonable control, including force majeure, blockchain network failure, congestion or reorganisation, oracle failure, third-party service failure, or governmental action;
  • LeverUp's total aggregate liability for all claims relating to the Interface or the Protocol shall not exceed the total amount, if any, that you paid directly to LeverUp in the twelve months preceding the event giving rise to the claim.

Some jurisdictions do not allow the exclusion of certain warranties or the limitation of certain liabilities. Where that is so, the exclusions and limitations above apply to the fullest extent permitted, and nothing in these Terms excludes liability that cannot lawfully be excluded.

17. GOVERNING LAW ​

These Terms, and any dispute or claim arising out of or relating to them, the Interface, or the Protocol — whether contractual or non-contractual — are governed by the laws of the jurisdiction in which LeverUp is incorporated, without regard to conflict-of-laws principles.

LeverUp will identify that jurisdiction in writing, on request to the address in §20, to any person who has a bona fide claim under these Terms.

18. DISPUTE RESOLUTION ​

Exclusive jurisdiction. The courts of the jurisdiction identified in §17 have exclusive jurisdiction over any dispute or claim arising out of or relating to these Terms, the Interface, or the Protocol. You and LeverUp each submit to that jurisdiction and waive any objection to it on the grounds of venue or forum non conveniens.

Time limit. Any claim must be brought within one year of the date on which the cause of action arose, or it is permanently barred, to the extent applicable law permits a contractual limitation period.

Interim relief. Nothing in this section prevents either party from seeking injunctive or other interim relief from any court of competent jurisdiction to protect intellectual property rights or to address unauthorised access to the Interface.

Severability. If any part of this section is held unenforceable, that part is severed and the remainder continues to apply.

19. INDEMNIFICATION ​

You agree to indemnify, defend, and hold harmless LeverUp, its contributors, officers, and affiliates from any claim, demand, damage, loss, liability, cost, or expense (including reasonable legal fees) arising from or connected to your use of the Interface or the Protocol, your breach of these Terms, your violation of any law or the rights of a third party, or your misuse of the Protocol.

20. CONTACT ​

Questions about these Terms, and submissions under §11, should be sent to legal@leverup.xyz.

Notices we give you may be posted on the Interface or sent to any address or account you have made available to us.

21. GENERAL PROVISIONS ​

  • Parties. These Terms are entered into between you and the entity that operates the Interface, referred to throughout as "LeverUp", together with its affiliates, contributors, officers, and agents. Correspondence should be sent to the address in §20.
  • Entire agreement. These Terms, together with the Disclaimer, constitute the entire agreement between you and LeverUp and supersede any prior understanding.
  • Severability. If any provision is held invalid or unenforceable, it is severed and the remainder continues in full force.
  • No waiver. No failure or delay in enforcing a right constitutes a waiver of it.
  • Survival. Sections 5, 8, 9, 10, 14, 15, 16, 17, 18, 19, and 21 survive termination.
  • Assignment. You may not assign or transfer any right or obligation under these Terms without our prior written consent. We may assign ours freely.
  • No third-party beneficiaries. These Terms create no rights in any person who is not a party, except for the LeverUp parties named in §16 and §19.
  • No partnership. Nothing in these Terms creates a partnership, joint venture, agency, or employment relationship.
  • Electronic communications. You consent to receive communications from us electronically, and agree that electronic communications satisfy any legal requirement that a communication be in writing.
  • Language. These Terms are made in English. Any translation is provided for convenience only, and the English version governs in the event of a discrepancy.