Risk Disclosure

Perpetual futures trading on Perpex allows you to use leverage, which can amplify both potential profits and losses. High leverage can result in rapid and substantial losses that may exceed your initial investment. Market volatility in cryptocurrency markets can be extreme, with prices capable of significant fluctuations in very short time periods.

With leverage up to 50x available on Perpex, even small price movements can result in significant gains or losses relative to your margin. Liquidation can occur rapidly in volatile markets, potentially resulting in the loss of your entire position margin. You should always use appropriate risk management tools such as stop-loss orders and position sizing strategies to limit potential losses.

Funding rates on perpetual futures can also impact your position costs over time. Positive funding rates mean long positions pay short positions, while negative funding rates result in the opposite. These rates can fluctuate significantly and should be factored into your trading decisions, especially for positions held over extended periods.

Copy trading and algorithmic bot features carry additional risks. Past performance of traders or bots is not indicative of future results. Automated trading systems may malfunction or execute unintended trades due to technical issues, market conditions, or software bugs. You remain fully responsible for all trades executed through our platform, regardless of whether they are manual or automated.

When using copy trading features, you are entrusting your capital allocation to the trading decisions of another individual. The trader you follow may change their strategy, increase risk exposure, or experience losses at any time. Perpex provides risk controls such as maximum position size limits and stop-loss thresholds for copy trading, but these tools cannot eliminate all risks associated with automated position replication.

Grid trading bots and algorithmic strategies operate based on predefined parameters and market conditions. These bots may not perform as expected during extreme market events, flash crashes, or periods of low liquidity. Technical issues including network latency, API downtime, or blockchain congestion may prevent timely order execution, potentially resulting in unexpected losses.

Blockchain and smart contract risks include the possibility of technical vulnerabilities, network congestion, failed transactions, and irreversible losses. Regulatory uncertainty in cryptocurrency markets may impact the availability and legality of trading services in your jurisdiction. You should only trade with capital you can afford to lose entirely.

Decentralized exchanges operate on blockchain infrastructure that may experience congestion, high gas fees, or temporary outages. Smart contract vulnerabilities, while rare on audited platforms like Hyperliquid, can potentially lead to loss of funds. Additionally, regulatory actions in various jurisdictions may affect your ability to access or use decentralized trading platforms.

By using Perpex, you acknowledge and accept these risks. We strongly recommend conducting thorough research, starting with small positions, and never investing more than you can afford to lose. Consider seeking advice from qualified financial professionals before engaging in cryptocurrency trading.

You confirm that you have read and understood all risk disclosures presented in this document. You accept that Perpex, its operators, and affiliates shall not be liable for any trading losses, technical failures, or adverse consequences arising from your use of the platform. You agree that you are solely responsible for your trading decisions and their financial outcomes.

If you are uncertain about the risks involved in perpetual futures trading, we strongly encourage you to consult with a qualified financial advisor before using our platform. Remember that you should never trade with funds you cannot afford to lose entirely.