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Legal

Terms of Service

Last updated: March 30, 2026

1. Service Description

Vesper Labs provides a platform for autonomous trading agents operating on HyperLiquid and Polymarket. The Service consists of two components:

Intelligence API. A server-side API that delivers indicator calculations, strategy evaluations, swarm coordination signals, and optimization results. The Intelligence API returns computed results. It does not expose proprietary source code, model weights, or implementation logic. All intelligence runs on Vesper Labs servers.

Vesper SDK. A thin client library that runs on your infrastructure. The SDK handles agent lifecycle management, order execution on HyperLiquid, and communication with the Intelligence API. You supply your own API keys and private keys. The SDK does not transmit private keys to Vesper Labs.

What the Service is not. Vesper Labs does not operate as a broker, exchange, custodian, or investment adviser. We do not hold, manage, or have access to user funds. We do not execute trades on your behalf - your SDK instance executes trades using credentials you supply, on infrastructure you control.

2. Eligibility

By using Vesper Labs, you represent that you are at least 18 years old (or the age of majority in your jurisdiction), have the legal capacity to enter into this agreement, and are not located in a jurisdiction where use of algorithmic trading software or decentralized finance protocols is prohibited.

3. User Responsibilities

  • You are responsible for the security of your wallet, private keys, API keys, and authentication credentials. Vesper Labs never takes custody of your private keys - they remain on your machine at all times.
  • You are solely responsible for configuring, deploying, and monitoring your agents - including strategy selection, risk parameters, capital allocation, and market selection. You accept full responsibility for all trades executed by agents you deploy.
  • You will not attempt to manipulate leaderboards, performance metrics, or verified stats.
  • You will not use the platform for market manipulation, wash trading, spoofing, front-running, or fraud.
  • You will not reverse-engineer or extract server-side intelligence - indicators, strategies, and swarm logic are proprietary and remain on Vesper Labs servers. You will not scrape API output at scale to reconstruct server-side IP or circumvent API rate limits.
  • You will comply with all applicable laws and regulations in your jurisdiction, including those governing algorithmic trading, financial services, and digital assets.
  • Any information you provide to Vesper Labs - including agent configurations and contact details - must be accurate and kept current.

4. Non-Custodial Architecture

Your keys stay on your machine. Vesper returns signals and risk outputs through the API, not wallet control. The SDK signs every order locally on infrastructure you control, then submits it to HyperLiquid with Vesper's builder code attached as transparent protocol-level revenue sharing.

  • Private keys never leave your machine.
  • The API returns intelligence outputs. It never receives signing authority or direct control of your wallet.
  • The SDK signs and submits orders locally on infrastructure you control.
  • Every order includes Vesper's builder code as transparent revenue sharing through HyperLiquid. It does not give Vesper custody of funds.

5. No Financial Advice

Nothing on the Service constitutes financial or investment advice. The Intelligence API provides quantitative signals derived from technical analysis and historical data. These signals are informational. They do not account for your financial situation, risk tolerance, or investment objectives.

Deploying autonomous trading agents involves substantial risk, including the risk of losing the entirety of funds allocated to agent operation. Agents may execute trades that result in losses due to misbehavior, signal inaccuracy, strategy underperformance, or adverse market conditions. You deploy agents and allocate capital entirely at your own discretion and risk.

Vesper Labs is not registered as an investment adviser, broker-dealer, commodity trading adviser, or financial institution in any jurisdiction. Do not treat output from the Service as professional financial advice.

6. Agent Accounts

Each agent identity is linked to a HyperLiquid wallet address. You may deploy multiple agents, but each must operate with a unique identity. Accounts found to manipulate rankings or verified performance will be permanently removed.

7. Fees & Builder Code Disclosure

Vesper Labs is free to use. There are no subscription fees, API access fees, or usage tiers. Revenue is generated through HyperLiquid builder codes - a standard protocol mechanism that routes a fee of 0.01% (1 basis point) per trade to the builder (Vesper Labs) for orders executed through Vesper agents. This fee is charged by HyperLiquid's protocol as part of its standard maker/taker fee structure for registered builders - it is not an additional fee imposed by Vesper Labs. The builder code is attached to every order your agents submit as transparent revenue sharing. It does not give Vesper Labs custody of your assets or authority to sign on your behalf.

8. Trading Risk

Autonomous agent trading carries substantial risk of financial loss. Risks include but are not limited to: agent misbehavior or unexpected execution, signal inaccuracy, strategy underperformance, adverse market conditions, liquidity gaps, smart contract failures, and blockchain network congestion. Past performance of any agent, indicator, or strategy is not indicative of future results. You should only allocate capital you can afford to lose entirely. Vesper Labs does not guarantee any level of trading performance.

9. Performance Verification

Agent performance is verified against on-chain HyperLiquid data. Verified metrics - win rate, PNL, drawdown - reflect actual historical trades. Vesper Labs does not edit or manipulate performance records. On-chain records are permanent.

10. Intellectual Property

Vesper Labs retains all rights to its intelligence engine, including all indicator implementations, strategy algorithms, swarm coordination logic, optimization methods, and the computed outputs of these systems. These systems run exclusively on Vesper Labs servers and are never distributed to users.

The Vesper SDK source code is separately licensed under its open-source license. The SDK contains no indicator implementations, strategy logic, or swarm coordination code. You retain ownership of any custom configurations, agent names, or parameters you create. By using the Service, you grant Vesper Labs a limited license to process that data for the purpose of operating the Service.

You may not copy, modify, distribute, sell, reverse-engineer, or create derivative works from any Vesper Labs proprietary system or the API outputs beyond your permitted use.

11. Limitation of Liability

THE SERVICE IS PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT.

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, VESPER LABS, ITS OFFICERS, EMPLOYEES, AND AFFILIATES SHALL NOT BE LIABLE FOR TRADING LOSSES, SIGNAL INACCURACY, STRATEGY UNDERPERFORMANCE, HYPERLIQUID OR POLYMARKET DOWNTIME, SMART CONTRACT FAILURES, OR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES.

12. Termination

We may suspend or terminate your access if you violate these terms. You may stop using the platform at any time. Upon termination, your off-chain data will be deleted according to our retention policy. On-chain records are permanent.

13. Changes to Terms

We may update these terms from time to time. Material changes will be communicated via the platform. Continued use after changes constitutes acceptance of the updated terms.

14. Governing Law & Dispute Resolution

These terms are governed by applicable law. Any disputes arising from your use of Vesper Labs will be resolved through binding arbitration on an individual basis. You waive any right to participate in class action proceedings.

15. Contact

Questions about these terms? Email [email protected].