Legal
Terms of Service
This document was drafted from the Hypertide source code, not by counsel. No lawyer has reviewed it. It has not been checked against the law of any country, it does not name a legal entity, and several clauses are unfinished placeholders marked like [[ OPERATOR ]].
It is published because the app already links here and showing you the trading screen instead of a legal document would be worse. Treat it as an honest description of how the software behaves and what we intend the deal to be — not as a finished, enforceable agreement. It must be reviewed by a qualified lawyer before Hypertide is marketed or launched publicly.
Last updated: 16 August 2026 · Status: unreviewed draft
Hypertide is software that copies the trades of other Hyperliquid accounts into your own. You keep your money and your main wallet key. You also keep every loss.
1. What Hypertide is
Hypertide is a non-custodial copy-trading tool for perpetual futures on Hyperliquid. It is delivered as a Telegram bot, a Telegram Mini-App and a web app; all three are the same service and these terms cover all of them.
You pick one or more leaders — Hyperliquid accounts, identified by their public addresses. When a leader's account fills a trade, Hypertide sizes an equivalent order against your Hyperliquid account, applies the limits you configured, and submits it. Your funds stay in your own Hyperliquid account throughout. Hypertide never holds, pools, or takes deposits of your money, and it is not a broker, exchange, custodian, fund, or asset manager.
These terms are between you and [[ OPERATOR: legal entity name, company number and registered address ]] ("Hypertide", "we", "us"). By connecting a wallet, approving an agent, or otherwise using the service, you agree to them. If you do not agree, do not use the service.
2. Eligibility and where you may use this
- You must be at least 18 and legally able to enter into this agreement.
- You must be acting for yourself, not on behalf of someone whose identity you are hiding.
- You must not be a person, or acting for a person, subject to sanctions, or located in or a resident of a jurisdiction where using this service — or trading leveraged perpetual futures — is restricted or unlawful.
Restricted jurisdictions: [[ OPERATOR: insert the specific list of prohibited jurisdictions here, on legal advice. It is deliberately left blank — an invented list would be worse than none. ]]
Be aware: we do not currently verify your location, and no geographic blocking is in place. The fact that the service loads in your country is not a representation by us that using it there is lawful. Deciding that is your responsibility.
3. Your account and identity
You can arrive through Telegram or through the web. An account may exist with only a Telegram identity (before you connect a wallet) or only a wallet (if you started on the web); the two halves merge when you bind a wallet. One wallet per account.
You are responsible for the security of whatever gets you in — your Telegram account, your wallet, your email at our embedded-wallet provider, and any device holding them. Anyone who controls those can control your copy settings. We cannot undo trades placed by someone who reached your account through your own credentials.
4. The agent wallet — what we hold
This is the part people most often get wrong about "non-custodial", so it is stated plainly.
Hypertide generates and holds a private key on your behalf. When you connect, our server creates a fresh keypair — the agent wallet — and keeps its private key, encrypted at rest with AES-256-GCM authenticated encryption under a key that lives in our server environment rather than the database. You then sign two off-chain messages to Hyperliquid: one approving that agent to act for your account, and one approving a maximum builder-fee rate. Neither is a blockchain transaction, neither costs gas, and neither moves any funds.
Your main wallet key is never sent to us and never leaves your wallet. We do not have it and cannot reconstruct it.
What the agent key can do, because Hyperliquid grants it:
- Place orders on your Hyperliquid account — opening and closing positions.
- Cancel orders on your account.
- Change leverage settings on your account.
What it cannot do, because Hyperliquid's agent permissions do not include it — this is enforced by the protocol, not by our promise:
- Withdraw your funds.
- Transfer your funds to any address, including ours.
- Move collateral off Hyperliquid.
- Touch your main wallet key.
A key that can trade can lose your money. The agent cannot steal your funds, but it can open leveraged positions that are liquidated. "Non-custodial" limits theft. It does not limit loss.
The agent has an expiry set at approval time and can be replaced at any moment by registering a fresh agent of the same name on Hyperliquid, which supersedes ours. We may rotate, expire or deactivate an agent for operational or security reasons; if we do, copying stops until you approve a new one.
5. How copying works — and where it does not
Copying is a best-effort mirror, not a synchronised account. Specifically:
- Your order is not the leader's order. We size it from your own equity and your configured ratio or fixed amount — never from the leader's capital. Your fill price, timing and slippage will differ from theirs, sometimes materially.
- Copies can be skipped. Your limits (maximum open copies, daily copy budget, allocated capital, symbol and leader blocklists, pause state), insufficient margin, unsupported markets, Hyperliquid's minimum order size, and exchange errors will each cause a copy to be skipped or rejected. Skipped copies are not retried later.
- Take-profit and stop-loss are ours, not the exchange's. They are not Hyperliquid trigger orders. Our server polls your positions and submits a closing market order when your threshold is crossed. If our server is down, rate-limited, or lagging, your stop will be late or will not fire at all. Do not rely on it as a hard protective order.
- No stop-loss exists unless you set one. New copy configurations have no stop-loss and no take-profit by default.
- We may miss a leader's trade entirely — a dropped websocket, a Hyperliquid outage, a deploy, or a restart can all mean a leader entry or exit is never mirrored, including an exit. You may end up holding a position the leader has already closed.
You can also place orders yourself through the app. Those are your own trades and everything in these terms applies to them equally.
6. Leaders are independent third parties
Leaders are ordinary Hyperliquid accounts. Most are discovered automatically from Hyperliquid's public leaderboard using activity filters (minimum account value and trading volume); some are added by us. In every case:
- We do not vet them. An automated filter on volume and account size is not due diligence on a person. We do not know who they are, whether they are one person or many, whether they are trading their own money, or what else they are doing.
- They do not work for us. They are not our employees, agents, partners or advisers, and we do not pay them.
- They have not agreed to be copied and generally do not know you exist. They owe you nothing, will not warn you before changing strategy, and can stop trading at any time.
- Rankings, scores, badges and "recommended" markers are not endorsements. They are computed from public on-chain history, or set editorially, and are neither a recommendation to copy anyone nor a prediction of anything.
Statistics, trust scores, backtests and hypothetical copier returns shown in the app are modelled. They are computed from historical public data, may exclude some costs, and describe what would have happened. They are not results you or anyone else achieved.
7. Fees
Hypertide earns in exactly one way: a Hyperliquid builder fee. Every order we submit for you carries a tag naming our builder address and a fee rate. Hyperliquid charges that fee on the filled notional and pays it to us. We never debit your account ourselves.
- Standard rate: 0.10% of filled notional.
- Reduced rate: 0.05% once you have routed $10,000 of opening volume through Hypertide in the last 30 days. This is a rolling window: it is measured over your recent activity, not your lifetime total, so the reduced rate lapses back to the standard rate if your volume over the trailing window falls below the threshold. Closing trades are charged the same fee but do not count toward the threshold.
- Hard ceiling: 0.10%. Hyperliquid caps the perpetuals builder fee, and separately you approve a maximum rate on-chain. An order tagged above what you approved is rejected by Hyperliquid — so we cannot quietly charge you more.
[[ OPERATOR: confirm these three numbers match the deployed configuration before publishing — the rates and threshold are environment variables, not constants in the code. ]]
We charge no subscription, no deposit fee, no withdrawal fee, no performance fee and no spread markup, and there is no Hypertide token. But the builder fee is not the only cost of trading: Hyperliquid charges its own trading fees, you pay or receive funding on open perpetual positions, and Hyperliquid charges a withdrawal fee. Those are Hyperliquid's, not ours, and they apply whether or not you use Hypertide.
We may change our fee rates. Changes apply to orders placed after the change; your on-chain approved maximum remains the ceiling, and raising the rate beyond it would require you to approve a new maximum.
8. Risk disclosure
- Leveraged perpetual futures are high-risk. With leverage, a small adverse price move can liquidate your entire position. Losing 100% of your deposited collateral is a normal, expected outcome for some users — not an edge case.
- Past performance is not indicative of future results. A leader's history, trust score, ranking or winning streak tells you nothing reliable about what they will do next. Traders who look excellent over one window routinely lose money over the next one.
- Copied trades are your trades. They are placed on your account, with your collateral, at your risk. The leader bears none of your loss.
- Nothing here is guaranteed. We do not guarantee profit, do not guarantee that copying will track a leader's returns, and do not guarantee any order is placed, filled, or closed.
- Software fails. Bugs, outages, exchange downtime, network partitions, rate limits and mispriced orders are all realistic and can cost you money.
- Only trade funds you can afford to lose entirely.
9. No investment advice, no fiduciary relationship
Hypertide is execution software. Nothing in the app, in our messages, on our website, in our rankings, or in anything we publish is investment advice, financial advice, tax advice, legal advice, a solicitation, or a recommendation to buy or sell anything. We do not assess whether copy-trading, leverage, any leader, or any position is suitable for you — we do not know your circumstances and do not ask.
We are not your broker, adviser, agent, trustee or fiduciary, and no fiduciary or advisory relationship arises from your use of the service. You make every decision about what to copy, how much, and when to stop.
10. Your responsibilities
- Tax. Trading may create taxable events. Working out what you owe, to whom, and filing it, is entirely yours. We do not provide tax reporting and the figures in the app are not prepared to any accounting or tax standard.
- Legal compliance. Complying with the laws that apply to you — including any restriction on derivatives, leverage, or crypto in your country — is yours.
- Your settings. Sizing, leverage, caps, stop-losses and which leaders to copy are your choices. We do not review them for sanity.
- Your funds. Deposits to and withdrawals from Hyperliquid happen on Hyperliquid, by you. Sending funds to a wrong address is irreversible and not something we can fix.
11. The service depends on other people's systems
Hypertide sits on top of third parties we do not control: Hyperliquid (the exchange and its API), Telegram (the bot and Mini-App), our hosting provider, and the wallet infrastructure you connect with. If any of them change their API, restrict access, suspend our accounts, go offline, or shut down, Hypertide may degrade or stop working, possibly without warning and possibly while you hold open positions.
We provide no uptime commitment and no service level. We may suspend, limit, or discontinue any part of the service — including copying itself — at any time, for maintenance, safety, legal reasons, or no reason. Where it is practical to warn you first, we will try.
Your positions survive us. If Hypertide stops, your funds and any open positions remain in your own Hyperliquid account and you manage them directly on Hyperliquid.
12. Acceptable use
You agree not to:
- Use the service for market manipulation, wash trading, or any conduct that is abusive or unlawful on Hyperliquid or under the law that applies to you.
- Use funds derived from crime, or use the service to launder money or evade sanctions.
- Attempt to strip, alter or evade the builder tag on orders we submit, or otherwise avoid fees you have agreed to.
- Attack, overload, scrape abusively, reverse-engineer, or probe our systems, or attempt to reach another user's account or data.
- Create accounts to abuse referral rewards, promotions or rate limits, including by self-referral or coordinated fake accounts.
- Resell, rebrand or offer the service to third parties as your own without our written agreement.
13. Referrals and rewards
We may run a referral programme that shares part of the builder fee earned from users you introduce. Where it is live, the published programme rules — share, caps, qualification and payout thresholds — form part of these terms. Rewards are discretionary and may be changed, withheld or reversed if the underlying activity is fraudulent, self-referred, reversed, or the result of coordinated abuse. Nothing about a referral programme is an investment, a security, or a promise of income.
14. Stopping, revoking and termination
You can stop at any time, and you do not need our cooperation to do it:
- Pause or delete a copy configuration in the app — new copies stop immediately.
- Revoke the agent on Hyperliquid by registering a fresh agent of the same name. Hyperliquid replaces ours and we can no longer place orders for you.
- Withdraw your funds on Hyperliquid, which is not something we take part in.
Revoking the agent, deleting a copy configuration, or deleting your Hypertide account stops us from trading — it does not flatten anything you already hold. Any open positions stay open, still leveraged, still liquidatable, until you close them on Hyperliquid. If you revoke while holding copied positions, you are now managing them yourself.
We may suspend or terminate your access if you breach these terms, if we are required to, or if we reasonably believe continued access creates a legal or safety risk. Sections that by their nature should survive termination — fees already incurred, disclaimers, liability limits, governing law — do.
15. No warranty
The service is provided "as is" and "as available", with all faults. To the fullest extent the law allows, we disclaim all warranties, express or implied, including merchantability, fitness for a particular purpose, non-infringement, accuracy of any data or statistic, and uninterrupted or error-free operation. No advice or information you get from us creates any warranty.
Our code has not been audited by an independent security firm, and it is not open source. We say so plainly rather than implying assurance we have not earned.
16. Limitation of liability
To the fullest extent permitted by law:
- We are not liable for trading losses, liquidations, missed trades, missed exits, late or unfired stop-losses, slippage, or the acts of any leader.
- We are not liable for indirect, incidental, special, consequential, exemplary or punitive damages, or for lost profits, lost opportunity, or loss of data.
- We are not liable for the acts, omissions, downtime or insolvency of Hyperliquid, Telegram, a wallet provider, a hosting provider, or any other third party.
- Our total aggregate liability arising out of or relating to the service is limited to [[ OPERATOR: choose a cap on legal advice — e.g. the total builder fees you paid us in the 3 months before the claim, or a fixed sum ]].
Some jurisdictions do not allow certain exclusions or limitations, and nothing here excludes liability that cannot lawfully be excluded — including for fraud or fraudulent misrepresentation. [[ OPERATOR: consumer-law carve-outs need to be drafted for each market you serve. ]]
You agree to indemnify us against claims, losses and reasonable costs arising from your breach of these terms, your unlawful use of the service, or your violation of anyone else's rights.
17. Changes to these terms
We may update these terms. The "last updated" date at the top always reflects the current version. If a change materially reduces your rights, we will try to tell you in the app or by message before it takes effect. Continuing to use the service after a change means you accept it; if you do not, stop using the service and revoke the agent.
18. Governing law and disputes
[[ OPERATOR: governing law, jurisdiction, and any arbitration or class-action clause must be chosen with a lawyer and tied to the entity named in section 1. Left blank deliberately. ]]
19. Contact
Questions about these terms, or anything else, reach us in-app: Hypertide support. A formal notice address will be published once the operating entity is named: [[ OPERATOR: legal notice address and email ]].
See also our Privacy Policy, how custody works, and the fee breakdown.
Open items before launch
- Name the operating legal entity, company number and registered address (§1, §19).
- Insert the restricted-jurisdiction list on legal advice (§2), and decide whether to implement geo-blocking rather than relying on this clause.
- Confirm the fee rates and VIP threshold in §7 match the deployed environment.
- Choose a liability cap and consumer-law carve-outs (§16).
- Choose governing law, venue and dispute mechanism (§18).
- Have the whole document reviewed by a qualified lawyer in each market served.