Perpedex Terms of Use

Perpedex Labs Ltd. (“Perpedex”, “we”, “us”) provides the Services for preliminary evaluation and early access purposes only. By using the Services you represent that you are authorised to bind yourself and any organisation you represent to these Terms. If you do not agree, you must not access the Services.

Supplementary documents such as onboarding attestations, API agreements, or liquidity provisioning terms form part of these Terms when accepted by you. In case of conflict, such supplementary terms prevail.

• You are at least 18 years old and have full legal capacity.
• You are not a citizen or resident of, nor accessing the Services from, a restricted jurisdiction including the United States, Canada (Ontario or Quebec), United Kingdom, Singapore, mainland China, or any jurisdiction subject to sanctions or prohibitions on derivatives trading.
• You will use the Services solely for evaluation and testing while Perpedex remains in closed alpha with simulated or capped liquidity.
• If accessing on behalf of a legal entity, you have authority to bind that entity and ensure its compliance.

Perpedex reserves the right to reject, suspend, or revoke access at any time, including to comply with regulatory requirements or risk policies.

While in closed alpha the Services are provided on a best-effort basis and may include:

• Access to prototype trading interfaces, APIs, developer sandboxes, and documentation.
• Market data feeds, risk dashboards, and governance portals.
• Communication channels for support, reporting, and research.

You agree not to interfere with the Services, bypass security controls, perform unauthorised penetration testing, scrape or harvest data, or use the Services for unlawful, fraudulent, or competitive intelligence purposes.

Perpedex facilitates access to perpetual swap contracts which are complex derivatives. Trading these instruments involves significant risk, including the potential loss of all collateral. Simulated performance does not guarantee future returns.

• Perpedex does not custody user funds. You remain responsible for safekeeping private keys and collateral.
• Parameters such as funding rates, margin requirements, and liquidation thresholds may change without notice.
• Market data, pricing oracles, and smart contracts may fail or be manipulated, leading to unexpected losses.

Nothing provided through the Services constitutes financial, investment, legal, or tax advice. You should consult independent professional advisers before engaging in any trading activity.

Perpedex grants you a limited, revocable, non-transferable license to access and use the Services for evaluation purposes only. All intellectual property, trade secrets, software, documentation, branding, and data remain the exclusive property of Perpedex or its licensors.

You must not copy, modify, distribute, create derivative works from, reverse engineer, or publicly disclose any part of the Services without prior written permission. Feedback you provide may be used by Perpedex without obligation or attribution.

You are responsible for ensuring compliance with all applicable laws, including taxation, derivatives regulations, anti-money laundering, and sanctions regimes. You must promptly notify Perpedex of any security incident, suspected vulnerability, or breach of these Terms.

Perpedex may collect usage analytics, telemetry, and other data to improve the Services, monitor risk, and satisfy legal obligations. This data is handled in accordance with the Privacy Policy.

The Services are provided “as is” without warranties of any kind. To the fullest extent permitted by law, Perpedex disclaims all implied warranties and is not liable for any indirect, consequential, incidental, special, punitive, or exemplary damages, including loss of profits or data.

Perpedex’s aggregate liability for any claim arising from or relating to the Services shall not exceed the greater of: (a) USD $100; or (b) the amount you paid to Perpedex for access to the Services in the twelve months preceding the claim.

We may suspend or terminate access immediately, with or without notice, for any reason including suspected breach, regulatory action, security risk, or inactivity. Upon termination you must cease all use of the Services and destroy any confidential materials in your possession.

Sections relating to intellectual property, confidentiality, warranty disclaimers, limitation of liability, governing law, and dispute resolution survive termination.

These Terms are governed by the laws of the Cayman Islands, excluding conflict-of-law principles. Any dispute shall be resolved through confidential arbitration in the Cayman Islands under the LCIA Rules. The language of arbitration shall be English.

Nothing prevents either party from seeking interim injunctive relief or enforcing an arbitration award in any competent court.

We may amend these Terms at any time by posting the updated version on this page with a revised “Last updated” date. Continued use of the Services after changes become effective constitutes acceptance of the new Terms. If you disagree, you must discontinue use immediately.

Questions about these Terms may be directed to:

legal@perpedex.com