Legal & Risk

Plain English, kept short on purpose. The canonical version lives at pairpetuals.com/legal, and the Terms of Use control — if anything here conflicts with them, the Terms win.

What this site is

pairpetuals.com is a financial data and analysis terminal. It displays live market data, statistics, and analysis drawn from public sources — chiefly the Hyperliquid public API. You can study markets, save watches, and use the tools here to construct and prepare order parameters. Every order is authorized by your own wallet and submitted to Hyperliquid. Matching, execution, settlement, and custody all occur exclusively on the Hyperliquid protocol — a decentralized system we do not own, operate, or control. Trading does not happen on this site. The Site does not decide whether to trade, what to trade, how much, or when — it builds what you specified and forwards what you armed, and it cannot alter your instruction.

No custody, ever

We never hold your funds and never see your wallet keys. Connecting a wallet requests your address (eth_requestAccounts) and nothing else. If you choose to enable order placement, your wallet signs explicit, separate authorizations on the Hyperliquid protocol itself: an agent that can only place orders — it can never withdraw, transfer, or touch funds — and expires on its own; and a builder-fee cap. The agent credential is never used to collect fees — it cannot move funds; that is structural, not policy. Nothing is ever signed without a prompt your wallet shows you. You can disconnect at any time; the agent is revocable at any time through the Revoke key button on the account rail (and removable in Hyperliquid's own API settings), and the fee cap through Hyperliquid.

Fees

Hyperliquid charges its own protocol fees on the relationship between your wallet and the protocol. Those are Hyperliquid's fees; we do not set them.

The "Start there" links on the Site carry our Hyperliquid referral code. If your Hyperliquid account was created through it, Hyperliquid gives you its referral discount (currently 4% off trading fees, on your first USD 25M of volume) and pays us a share (currently 10%) of the protocol fees it collects from you. That share is paid by Hyperliquid out of its own fees — it is never an extra charge to you, and it is separate from the construction fee below.

Our fee is a construction fee — a software fee charged when the Site builds an order payload from your parameters, at the per-algo rate shown on the ticket before you commit (the schedule), applied per leg to the size you set. It is journaled to your tab at construction time. If the construction does not fill — cancelled, expired, or failed — the fee is rebated to your tab automatically; partial fills rebate the unfilled fraction.

Every account opens with a construction credit (currently USD 20). The credit offsets construction fees; it is not money, cannot be withdrawn, and expires with your account. You are never asked to prepay, and the Site does not hold your funds.

Accrued construction fees are collected through the transitional Hyperliquid builder rail, inside the 0.04% cap you signed (approveBuilderFee — no algo's rate exceeds it, revocable at any time, and bounded by the protocol's own maximum of 0.1% on perpetuals) — one fee, accrued once at construction, collected once, never twice. The reconciliation ledger on your account page shows accrued against collected and credits back any over-collection. No success fees, no subscriptions, no hidden charges.

Not regulated

pairpetuals.com is not licensed, registered, or regulated by any financial authority in any jurisdiction. No regulator has reviewed or approved this site.

Where the Site is not offered

The Site is not offered to anyone in a Restricted Jurisdiction — the full list is in the Terms of Use, §3. If using the Site is unlawful where you are, do not use it; a VPN or proxy to appear elsewhere is a breach of the Terms.

Extreme risk

Perpetual futures are leveraged instruments on volatile assets. Leverage can liquidate a position and lose everything you committed — quickly, sometimes faster than you can react. Crypto and the other assets shown here carry their own risk of sudden, total loss. Only you can judge whether any of this is suitable for you, and you are solely responsible for complying with the laws of your own jurisdiction.

No advice

Everything here is information and analysis — not financial, investment, legal, or tax advice. Statistics and plans describe what the data says, never what you should do. Using this site creates no fiduciary or advisory relationship.

What we store

A display handle you type, the watches you save, and — if you connect — your public wallet address. If you enable order placement, we also keep the order-only agent credential your wallet approved, stored encrypted, used solely to place the orders you arm, and dead the moment you revoke or it expires. We also keep a log that you accepted the Terms (time, wallet, version, IP). We never store your wallet keys.

As-is

The site is provided as-is, without warranties. Data can be delayed, wrong, or missing — every panel shows its source and age so you can judge for yourself. These notes may change.