Terms of Service

1. Acceptance of Terms

By accessing or using Liquidiction ("the Platform"), you agree to be bound by these Terms of Service. If you do not agree, do not use the Platform. We may update these terms at any time. Continued use after changes constitutes acceptance.

2. What Liquidiction Is

Liquidiction is a frontend interface only. We provide a user interface for interacting with HIP-4 prediction markets on the Hyperliquid blockchain. We are not:

• An exchange, broker, dealer, or trading platform
• A custodian of your funds or assets
• A financial advisor or provider of investment advice
• A market maker or counterparty to any trade

All trades execute directly on the Hyperliquid L1 blockchain through smart contracts. We do not have the ability to execute, reverse, or modify any transaction on your behalf.

3. Eligibility

You represent and warrant that:

• You are at least 18 years old
• You have the legal capacity to enter into these terms
• You are not located in a jurisdiction where prediction market trading is prohibited
• You are not subject to economic sanctions or listed on any prohibited party list
• You will comply with all applicable laws and regulations in your jurisdiction

4. Financial Risk Disclaimer

Prediction market trading involves substantial risk of loss.

• You may lose some or all of your invested capital
• Past performance of any trader or market does not guarantee future results
• Prices displayed on the Platform reflect live market data from Hyperliquid and may be delayed or inaccurate
• Market outcomes are settled by the Hyperliquid protocol, not by Liquidiction
• HIP-4 outcome tokens are not securities, commodities, or any other regulated financial instrument

Nothing on this Platform constitutes financial, investment, legal, or tax advice. You should consult qualified professionals before making any financial decisions.

5. Network Disclaimer

Testnet: When operating on the Hyperliquid testnet, tokens (USDH) have no monetary value. The Platform may have bugs, errors, or incomplete features. Testnet data may be reset at any time by Hyperliquid.

Mainnet: When operating on the Hyperliquid mainnet, real funds (USDC) are at stake. All trades are final and executed on-chain. Liquidiction is not responsible for any losses incurred from trading, network issues, or smart contract behavior. You trade entirely at your own risk.

6. Your Responsibilities

You are solely responsible for:

• Securing your wallet and private keys
• All transactions initiated from your wallet
• Understanding the risks of prediction market trading
• Complying with applicable laws in your jurisdiction
• Paying any taxes on gains from trading
• Verifying trade parameters before signing transactions

7. Agent Wallet System

For convenience, Liquidiction uses a temporary agent wallet system for trade execution. When you approve an agent, a temporary key pair is generated in your browser and authorized by your main wallet to submit orders on your behalf. These keys are:

• Stored in your browser's session storage (cleared on tab close)
• Limited to trading operations only (cannot withdraw funds)
• Revocable at any time by disconnecting your wallet

8. Third-Party Bridge Services

Liquidiction integrates third-party cross-chain bridge services (currently powered by LI.FI) to allow users to transfer assets from other blockchains to Hyperliquid. By using the bridge feature, you acknowledge and agree that:

• Liquidiction does not custody, hold, control, or have access to any funds during the bridging process
• Bridge transactions are executed by third-party protocols (LI.FI, and underlying bridge providers such as Across, Stargate, Hop, etc.) and are subject to their own terms of service
• Liquidiction is not responsible for any loss of funds, delays, failed transactions, or errors that occur during bridging
• Bridge fees are charged by the underlying bridge protocols and/or the LI.FI aggregator, not by Liquidiction
• Cross-chain transactions carry inherent risks including smart contract vulnerabilities, bridge exploits, and network congestion
• You are solely responsible for verifying the destination chain, token, and amount before confirming any bridge transaction

The bridge feature is provided as a convenience and does not constitute an endorsement of any bridge protocol. Use at your own risk.

9. Network and Protocol Risks

You acknowledge the risks inherent in blockchain technology:

• Smart contract bugs or vulnerabilities in the Hyperliquid protocol
• Network congestion, downtime, or forks
• Settlement errors or disputes in market resolution
• Liquidity risks in low-volume markets
• Price manipulation in markets with few participants
• Regulatory changes affecting prediction markets or cryptocurrency

10. Prohibited Activities

You agree not to:

• Use the Platform for money laundering, fraud, or any illegal activity
• Attempt to manipulate markets or engage in wash trading
• Exploit bugs or vulnerabilities in the Platform
• Abuse API endpoints or interfere with the Platform's operation
• Impersonate other users or misrepresent your identity
• Use automated tools to scrape data beyond reasonable personal use

11. Intellectual Property

The Liquidiction name, logo, and interface design are proprietary. The Platform's source code, unless otherwise noted, is the property of Liquidiction. Market data displayed on the Platform is derived from the public Hyperliquid blockchain and third-party APIs.

12. Limitation of Liability

To the maximum extent permitted by law, Liquidiction and its operators shall not be liable for any direct, indirect, incidental, consequential, or special damages arising from your use of the Platform, including but not limited to:

• Trading losses or missed opportunities
• Errors in displayed data, prices, or analytics
• Platform downtime or service interruptions
• Actions of third parties (Hyperliquid, wallet providers, etc.)
• Unauthorized access to your wallet or account

The Platform is provided "AS IS" and "AS AVAILABLE" without warranties of any kind, express or implied.

13. Indemnification

You agree to indemnify and hold harmless Liquidiction and its operators from any claims, damages, or expenses arising from your use of the Platform, your violation of these terms, or your violation of any law or rights of a third party.

14. Modifications and Termination

We reserve the right to modify, suspend, or discontinue the Platform at any time without notice. We may restrict or terminate your access if you violate these terms.

15. Contact

For questions about these terms, reach out via @LiquidictionHL on X.