Terms of Service

You must be at least 18 and able to enter into a binding contract to use the Service. You also confirm that you’re allowed to use decentralised derivatives where you live - some countries restrict them, and it’s on you to check.

You agree you’re not on any sanctions list and not using the Service from a sanctioned jurisdiction. We can block or restrict access if we reasonably believe that’s not the case.

Velocity is a front-end. It lets you place orders on third-party decentralised protocols - primarily Hyperliquid - using your own wallet. We don’t run those protocols and we don’t custody your funds.

We’re not a broker, exchange, custodian, or investment adviser. Nothing in the Service is financial, tax, or legal advice.

Access to the Service requires you to authenticate via a third-party identity provider and to maintain an embedded wallet or to authorise an agent wallet. You are solely responsible for safeguarding the credentials, recovery factors, and devices associated with your account.

We will never ask you for your seed phrase, private keys, or one-time codes. Any communication that purports to do so should be treated as fraudulent and reported to support@velocitytrade.xyz.

Velocity earns a builder fee on each order routed through the Service, calculated as a percentage of the notional value of the trade and capped at the maximum permitted by the Underlying Protocol. The currently effective fee is disclosed in-product prior to order submission.

Network gas fees, third-party protocol fees, and exchange fees are paid directly by you and are not collected by Velocity. Fees may change with prospective effect and will be disclosed in the Service.

Trading leveraged derivatives is risky. You can lose your entire deposit, and with leverage your losses can pile up fast. Don’t trade with money you can’t afford to lose.

Smart contracts, oracles, and bridges can break or be exploited. Digital assets can become illiquid or go to zero. The protocols Velocity routes to are run by third parties, not by us.

You agree that you will not, and will not attempt to:

• use the Service in violation of any applicable law, regulation, or sanctions program;
• use the Service to engage in market manipulation, wash trading, self-dealing, front-running, or any other abusive trading practice;
• interfere with the operation of the Service, including by introducing malware, scraping at unreasonable rates, or bypassing rate limits or access controls;
• reverse engineer, decompile, or attempt to extract the source code of the Service except to the extent expressly permitted by law;
• use the Service to launder proceeds of crime, finance terrorism, or facilitate any other illicit activity.

The Velocity interface, its design, copy, and code are owned by Velocity or its licensors. You get a limited, revocable, non-transferable licence to use the Service for your own trading, subject to these Terms.

THE SERVICE IS PROVIDED “AS IS” AND “AS AVAILABLE”, WITHOUT WARRANTY OF ANY KIND, WHETHER EXPRESS, IMPLIED, OR STATUTORY, TO THE FULLEST EXTENT PERMITTED BY LAW. WE DISCLAIM ALL WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT, AND ANY WARRANTY ARISING OUT OF COURSE OF DEALING OR USAGE OF TRADE.

We do not warrant that the Service will be uninterrupted, error-free, secure, or free of viruses or other harmful components, nor that any data displayed in the Service is accurate, complete, or current.

TO THE FULLEST EXTENT PERMITTED BY LAW, Velocity IS NOT LIABLE FOR INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, OR FOR ANY LOSS OF PROFITS, REVENUE, DATA, OR GOODWILL ARISING FROM YOUR USE OF THE SERVICE.

Our total liability for any claim under these Terms is capped at the greater of (a) the builder fees we collected on your orders in the twelve months before the claim, or (b) one hundred euros (€100).

You agree to indemnify Velocity from any claim arising from your use of the Service, your breach of these Terms, or your violation of any law or third-party right.

We may suspend or terminate your access to the Service at any time and for any reason, including if we believe you have violated these Terms or applicable law. Upon termination, the rights granted to you under these Terms will immediately cease, but any provisions that by their nature should survive termination will survive.

These Terms are governed by and construed in accordance with the applicable law, without regard to conflict-of-laws principles. Any dispute arising out of or relating to these Terms or the Service shall be submitted to the competent forum required by applicable law, except where mandatory consumer-protection law requires otherwise.

We may revise these Terms from time to time. The revised version will be posted at this URL with an updated effective date. Material changes will additionally be communicated through the Service. Your continued use of the Service after the effective date constitutes your acceptance of the revised Terms.

Questions about these Terms should be sent to legal@velocitytrade.xyz.