Legal

Trading perpetual futures contracts and other derivative instruments involves a substantial risk of loss and is not appropriate for all investors. The high degree of leverage available with perpetual futures can work against you as well as for you.

Before deciding to trade, you should carefully consider your investment objectives, level of experience, risk appetite, and ability to withstand financial loss. You should be aware that you could sustain a loss of all or more than your initial investment. Do not trade with money you cannot afford to lose.

Perpblock provides algorithmic trading infrastructure and strategy execution services. We do not guarantee profits or protection from losses. Past performance of any strategy, algorithm, or trading system is not necessarily indicative of future results.

Perpblock is a technology platform that provides algorithmic trading execution infrastructure. Nothing published or communicated by Perpblock — including its website, documentation, AI assistant, trading signals, strategy descriptions, or any other content — constitutes financial, investment, legal, tax, or any other form of professional advice.

All information provided is for informational and educational purposes only. Perpblock does not recommend any specific investment or trading strategy. You should independently evaluate all investment decisions and consult qualified financial advisors before trading.

The AI Portfolio Assistant feature provides portfolio context and data analysis only. It is not a licensed financial advisor. Responses from the AI assistant are automated and may contain errors. You should not rely on the AI assistant for investment decisions.

Any hypothetical projections, examples, or scenarios presented on the Perpblock platform are illustrative only and do not represent actual returns or guarantees of future performance.

The performance calculator and historical equity curves presented on the Perpblock platform are based on actual, verified trading data from a live OKX account. However, when applied to hypothetical entry points or different capital amounts, the results become hypothetical in nature.

Hypothetical performance results have many inherent limitations. Unlike an actual performance record, hypothetical results do not represent actual trading. Since trades have not actually been executed at those exact capital levels, results may have under- or over-compensated for the impact of certain market factors, such as lack of liquidity.

Hypothetical trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.

Fee assumptions in the calculator are estimates based on published fee schedules and may not precisely reflect fees applicable to your account. Actual results will differ based on your exchange tier, maker/taker split, and applicable fee promotions.

Algorithmic trading carries specific risks that differ from manual trading. These include but are not limited to: software bugs or errors in strategy logic, connectivity failures between Perpblock systems and your exchange, latency spikes causing missed fills or adverse executions, and exchange API outages or rate limiting.

During periods of extreme market volatility, algorithms may experience abnormal behavior. The cascade detector and regime gate are designed to mitigate these risks but do not eliminate them entirely. There may be conditions under which the risk management systems fail to activate or activate incorrectly.

Strategy parameters are configured based on historical data and may not be optimized for all future market conditions. Market regimes can shift rapidly, causing strategies that performed well historically to underperform or generate losses in new environments.

Perpblock does not guarantee uptime or continuous availability. System maintenance, unexpected outages, or third-party service interruptions may prevent strategy execution. During such periods, open positions may not be managed according to the configured parameters.

You are solely responsible for ensuring your exchange API keys are configured correctly with appropriate permissions. Incorrect API configuration may result in strategy failures, missed trades, or other adverse outcomes.

Perpblock offers tiered leverage based on your subscription plan: up to 3× on Core, up to 5× on Portfolio, and up to 10× on Elite and Founder's Circle. Historical performance data disclosed by Perpblock was generated using 20× leverage. Results will differ — potentially significantly — at different leverage levels.

Leverage amplifies both gains and losses. A 10% adverse move in an underlying asset with 10× leverage results in a 100% loss of the margin allocated to that position. At higher leverage levels, liquidation risk increases substantially.

The leverage limits stated per plan are maximums, not recommendations. Perpblock's risk controls include position sizing algorithms designed to limit exposure, but these do not prevent losses. You should configure leverage settings that are appropriate for your personal risk tolerance.

Using leverage that is higher than appropriate for your experience level and financial situation is a leading cause of total capital loss among retail traders. We strongly encourage starting at the minimum leverage setting and increasing only after thoroughly understanding the mechanics and risks.

Margin calls and liquidations can occur rapidly in volatile markets. You are responsible for monitoring your margin levels and maintaining sufficient collateral to support your open positions.

Perpblock operates on a non-custodial model. Your funds are held entirely within your own exchange account at all times. Perpblock connects to your exchange via trade-only API keys and does not have the ability to withdraw, transfer, or otherwise move your funds.

While this architecture significantly reduces counterparty risk with Perpblock, it does not eliminate all risk. Your funds remain subject to the risks associated with your chosen exchange, including but not limited to: exchange insolvency or bankruptcy, exchange hacks or security breaches, exchange regulatory actions, and exchange-imposed withdrawal restrictions.

You are responsible for the security of your exchange account credentials, two-factor authentication settings, and withdrawal address whitelists. Perpblock cannot protect you from security breaches that originate at the exchange level or from your own account security failures.

API keys are encrypted using AES-256-GCM in our secure vault. However, no security system is impenetrable. In the event of a security breach at Perpblock, your API keys could theoretically be exposed. You are encouraged to maintain withdrawal address whitelists and IP restrictions on your API keys where supported by your exchange.

You should regularly audit and rotate your API keys. Perpblock recommends reviewing active API keys on your exchange at least monthly and revoking any keys that are no longer needed or that you believe may have been compromised.

The Perpblock AI Portfolio Assistant is an artificial intelligence system powered by large language models. It is designed to provide portfolio context, data analysis, and educational information. It is not a licensed investment advisor, broker, or financial professional of any kind.

The AI assistant operates with access to your real-time portfolio data, trade history, and strategy signals. While this data grounding improves the relevance of responses, the AI may still produce inaccurate, incomplete, or misleading information. You should verify all AI-generated information against primary sources before making any decisions.

The AI assistant does not have predictive capabilities regarding future market movements. Any statements about market outlook, price targets, or future performance made by the AI assistant are illustrative and speculative only.

Conversations with the AI assistant may be logged and used to improve the system. Do not share sensitive personal information, exchange credentials, or other confidential data with the AI assistant.

Perpblock does not guarantee the accuracy, completeness, or timeliness of AI-generated responses. We reserve the right to modify, restrict, or discontinue AI assistant access at any time without notice.

Perpblock Inc. is a technology company. It is not a registered investment advisor, broker-dealer, commodity trading advisor, commodity pool operator, futures commission merchant, or any other type of licensed financial services provider in any jurisdiction.

The availability of Perpblock services is subject to local laws and regulations. It is your responsibility to ensure that your use of Perpblock is lawful in your jurisdiction. Perpblock services are not available to residents of the United States, Canada, or any jurisdiction where such services would violate applicable law.

Perpblock does not provide services to persons or entities subject to sanctions administered by OFAC, the United Nations Security Council, the European Union, or any other applicable sanctions authority.

Residents of certain jurisdictions may face additional restrictions on trading derivatives or leveraged products. You are responsible for understanding and complying with all applicable laws, regulations, and exchange rules in your jurisdiction.

Regulatory requirements regarding derivatives trading, algorithmic trading, and related activities vary significantly by jurisdiction and are subject to change. Perpblock makes no representations about the regulatory status of its services in any particular jurisdiction.

Trading activity through Perpblock may have significant tax consequences. The tax treatment of profits and losses from algorithmic trading, derivatives, and cryptocurrency instruments varies widely by jurisdiction and individual circumstances.

Perpblock does not provide tax advice. The information on this platform should not be construed as tax guidance. You should consult a qualified tax professional in your jurisdiction before using Perpblock services.

High-frequency algorithmic trading can generate a large number of taxable events in a short period. Strategies operating under Perpblock have historically executed thousands of trades per year. Tracking cost basis and gains/losses across a large number of transactions may be complex.

Some jurisdictions impose specific reporting requirements for cryptocurrency derivatives trading, foreign financial accounts, or income from automated systems. Failure to comply with applicable reporting requirements may result in penalties.

Perpblock may provide transaction history exports to assist with tax preparation, but the accuracy and completeness of such exports for tax purposes is not guaranteed. You are responsible for independently verifying all tax-relevant information.