General Disclaimer
This documentation and the Scape Exchange protocol (“Scape”) are provided for informational purposes only. Nothing contained herein constitutes:- Financial advice
- Investment advice
- Legal advice
- Tax advice
- Any other professional advice
No Offer or Solicitation
This documentation does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation for any security, investment product, or service. It is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to local law or regulation.Risk Warnings
Market Risks
Specific risks include but are not limited to:- Liquidation Risk: Leveraged positions can be liquidated rapidly, resulting in total loss of margin
- Market Volatility: Commodity markets can experience extreme price movements
- Leverage Risk: Leverage amplifies both gains and losses
- Slippage Risk: Execution prices may differ from expected prices
- Gap Risk: Prices may jump without intermediate levels
Oracle Risk
Oracle-related risks include:- Feed delays during volatile markets
- Incorrect prices from upstream sources
- Oracle infrastructure downtime
- Manipulation of underlying data sources
Smart Contract Risk
Smart contract risks include:- Undiscovered vulnerabilities
- Exploitation by malicious actors
- Upgrade risks
- Integration failures between components
Testnet Risk
All Scape markets are currently deployed on Hyperliquid testnet. Testnet-specific risks include:- Code may change before mainnet deployment
- Testnet may be reset, affecting positions
- Testnet behavior may not match mainnet
- Testnet assets have no monetary value
Physical Backing Risk (Roadmap)
Future physically-backed tokens (x-baskets) will involve:- Warehouse and custody counterparty risk
- Physical loss or damage risk
- Verification and audit failures
- Regulatory and compliance risks
No Guarantees
Scape makes no guarantees regarding:- Returns: No guaranteed returns, yields, or profits
- Availability: Protocol availability or uptime
- Functionality: Continued operation of any feature
- Accuracy: Accuracy of any information or data
- Timeliness: Timeliness of updates or executions
- Security: Complete security against all threats
Third-Party Dependencies
Scape depends on third-party infrastructure and services:- Hyperliquid: Underlying exchange and settlement
- Oracle Provider (TBD): Price data feeds
- Blockchain networks: Transaction processing
- Wallets: User key management
Regulatory Considerations
Cryptocurrency and derivatives regulation varies by jurisdiction and is subject to change. You are solely responsible for:- Understanding applicable laws in your jurisdiction
- Complying with all applicable regulations
- Determining whether you are permitted to use Scape
- Obtaining any required licenses or approvals
- Reporting and paying any applicable taxes
No Fiduciary Relationship
Using Scape does not create any fiduciary relationship between you and Scape, its team, affiliates, or contributors. Scape does not owe you duties of care, loyalty, or any other fiduciary duties.Forward-Looking Statements
This documentation contains forward-looking statements regarding:- Planned features and roadmap
- Future development targets
- Potential partnerships or integrations
- Expected performance or functionality
- Development challenges
- Market conditions
- Regulatory changes
- Resource constraints
- Technical limitations
- Other unforeseen factors
Limitation of Liability
To the maximum extent permitted by applicable law: Scape, its team, affiliates, contributors, and service providers shall not be liable for any direct, indirect, incidental, special, consequential, or punitive damages, including but not limited to:- Loss of profits, revenue, or data
- Loss of opportunity or goodwill
- Business interruption
- Personal injury
- Any other monetary loss
- The cause of action (contract, tort, negligence, or otherwise)
- Whether Scape was advised of the possibility of such damages
- The failure of any limited remedy
Indemnification
By using Scape, you agree to indemnify, defend, and hold harmless Scape, its team, affiliates, and contributors from any claims, damages, losses, liabilities, and expenses (including legal fees) arising from:- Your use of Scape
- Your violation of these terms or applicable laws
- Your violation of any third-party rights
- Your negligence or misconduct
Amendments
This disclaimer may be updated at any time without notice. Continued use of Scape after changes constitutes acceptance of the updated terms. Check this page periodically for updates.Severability
If any provision of this disclaimer is found to be invalid or unenforceable, the remaining provisions shall continue in full force and effect.Governing Law
This disclaimer shall be governed by and construed in accordance with applicable laws, without regard to conflict of law principles.Contact
For questions regarding this disclaimer: Email: [email protected]Acknowledgment
I acknowledge that:- I have read and understood this disclaimer
- I understand the risks of perpetual contracts
- I am participating with capital I can afford to lose
- I am not relying on this documentation as professional advice
- I am responsible for complying with applicable laws
- I accept the limitations of liability described above
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