Terms of Service

These Terms of Service ("Terms") govern your access to and use of the Zetarium perpetual futures decentralised exchange (the "Platform") operated by Zetarium ("we", "us", "our"). By connecting a wallet, signing the authentication message, or otherwise interacting with the Platform, you agree to be bound by these Terms.

If you do not accept these Terms in full, do not access or use the Platform.

You represent and warrant that you:

• are at least 18 years of age (or the age of majority in your jurisdiction);
• have the legal capacity to enter into a binding contract;
• are not a resident of, located in, or accessing the Platform from a Restricted Jurisdiction (including, without limitation, the United States, Canada, the United Kingdom, mainland China, North Korea, Iran, Syria, Cuba, the Crimea, Donetsk and Luhansk regions, and any country subject to comprehensive economic sanctions);
• are not on any sanctions list maintained by the U.S. OFAC, the U.N., the E.U., or any other applicable authority; and
• will not use the Platform on behalf of any person or entity that fails the criteria above.

The Platform is non-custodial in respect of on-chain funds. You authenticate via wallet signature; we do not hold your private keys. You are solely responsible for the security of your wallet, seed phrase, and any device or browser used to interact with the Platform. We will never ask for your seed phrase. Loss or compromise of your wallet credentials may result in irretrievable loss of funds.

Sub-accounts created on the Platform are linked to your wallet address. Only the wallet that created a sub-account may access it.

The Platform allows trading of perpetual futures contracts settled in stablecoins. Orders are matched on a centrally operated matching engine that interfaces with our partner liquidity venue. The following rules apply:

• Leverage. Leverage of up to 125× may be available on supported markets. Higher leverage materially increases the risk of liquidation.
• Liquidation. Positions are liquidated when their margin ratio reaches the maintenance threshold. Liquidations are executed automatically and may incur partial or total loss of position margin.
• Mark price. Profit/loss, liquidation triggers, and margin calculations use a mark price derived from index sources, not the last trade price.
• Funding. Perpetual contracts pay or receive funding at scheduled intervals. Funding payments are debited from or credited to your account automatically.
• Order types. Available order types include limit, market, stop, take-profit, and stop-loss. Stop and trigger orders are executed on a best-efforts basis and are not guaranteed to fill at the trigger price.

Trading perpetual futures involves a high degree of risk and is not suitable for every investor. You should not commit funds you cannot afford to lose. Specific risks include:

• Market risk: prices may move sharply against your position, resulting in liquidation and loss of margin in seconds.
• Counterparty & venue risk: the Platform's matching engine and underlying liquidity venue may experience downtime, latency, or insolvency.
• Smart contract risk: the on-chain deposit and withdrawal contracts may contain bugs or be subject to exploits.
• Network risk: blockchain congestion may delay deposits, withdrawals, or signed messages, potentially affecting your ability to manage open positions.
• Regulatory risk: the legal status of perpetual futures and DEX trading varies by jurisdiction and may change without notice, including with retroactive effect.

You acknowledge and accept these risks in full and agree that we shall have no liability for any loss arising from them.

Trading fees are charged on a per-execution basis as published on the Platform's fee schedule. Withdrawal fees may apply and are deducted from the withdrawal amount. We reserve the right to adjust fees with reasonable notice.

Referral commissions, when applicable, are paid out automatically to the referrer's sub-account in accordance with the referral programme rules in effect at the time of trade.

You shall not:

• use the Platform for any unlawful, fraudulent, or deceptive purpose;
• engage in market manipulation, including wash trading, spoofing, layering, or front-running;
• access the Platform via automated means (bots, scripts, scrapers) other than through our published REST/WS APIs and within their documented rate limits;
• attempt to probe, scan, or test the vulnerability of the Platform without prior written authorisation;
• use the Platform to launder funds, evade sanctions, or finance terrorism; or
• circumvent geographic restrictions via VPN, proxy, or any other means.

The Platform, including its source code, designs, logos, and trademarks, is owned by Zetarium and its licensors and is protected by intellectual property laws. You are granted a limited, non-exclusive, non-transferable licence to use the Platform for its intended purpose. You may not copy, modify, distribute, sell, or reverse engineer any part of the Platform except as expressly permitted.

The Platform is provided on an "as is" and "as available" basis without warranties of any kind, whether express, implied, or statutory, including warranties of merchantability, fitness for a particular purpose, non-infringement, accuracy of data, or uninterrupted operation. We do not warrant that the Platform will meet your requirements or that any defects will be corrected.

To the maximum extent permitted by law, Zetarium and its affiliates shall not be liable for any indirect, incidental, special, consequential, or punitive damages, or for any loss of profits, revenue, data, or use, arising out of or in connection with your use of the Platform, even if we have been advised of the possibility of such damages.

Our aggregate liability to you for any claim arising out of these Terms or your use of the Platform shall not exceed the total fees paid by you to Zetarium in the 12 months preceding the event giving rise to the claim.

You agree to indemnify, defend, and hold harmless Zetarium, its affiliates, officers, directors, employees, and agents from any claim, demand, loss, liability, or expense (including reasonable attorneys' fees) arising out of (i) your use or misuse of the Platform, (ii) your breach of these Terms, or (iii) your violation of any law or third-party right.

We may suspend or terminate your access to the Platform at any time, with or without notice, including but not limited to where we reasonably believe you have breached these Terms, are subject to sanctions, or pose a security or compliance risk. Termination does not relieve you of obligations accrued prior to termination.

We may modify these Terms at any time by posting the updated version on this page. Your continued use of the Platform after changes take effect constitutes acceptance of the revised Terms. Where changes are material, we will provide reasonable advance notice before they take effect.

These Terms are governed by the laws of the jurisdiction in which Zetarium is incorporated, without regard to its conflict of law principles. Any dispute arising out of or in connection with these Terms shall be resolved by binding arbitration administered under the rules of a recognised international arbitration body, with the seat of arbitration to be designated by Zetarium. You waive any right to a jury trial or class action.

For questions about these Terms, contact us at contact@zetarium.world.