Terms of Service

1. Who we are and acceptance

These Terms govern your use of the Auspex website, web app and installable app at auspex-trade.com (the "Service"), operated by Auspex ("Auspex", "we", "us"). By creating an account or using the Service you agree to these Terms, our Privacy Policy and our Risk Disclaimer. If you do not agree, do not use the Service.

2. Eligibility and restricted locations

You must be at least 18 years old and legally able to enter into this agreement. You may not use the Service where doing so is prohibited by the laws that apply to you, or if you are subject to sanctions. The Service is not intended for residents of the United States. Auspex is not authorised or regulated by the UK Financial Conduct Authority or any other financial regulator. The Service is not directed at, marketed to or intended for persons in the United Kingdom, where leveraged crypto derivatives may not be offered to retail consumers, and nothing on the Service is an invitation to such persons. When you first use the Service you confirm that you are 18 or over and not resident in the United Kingdom, the United States or a sanctioned country; we rely on that confirmation and do not currently block access by location. You are responsible for knowing and following the laws that apply to you. We may restrict or close access from any location at any time.

3. What the Service provides

Auspex is non-custodial trading software. It lets you trade from wallets that belong to you. Specifically:

• Perpetual futures on Hyperliquid, covering crypto and, through trade.xyz, markets tracking US stocks, indices, commodities and currencies, with stops and take-profits placed on the exchange.
• Following and copying wallets: live views of what selected public wallets trade, and optional copying of trades from wallets you choose, or from the traders on our copy list through Copy basket (section 8).
• Community: an optional public profile, trade feed and leaderboard.
• Refer & earn: a referral programme that shares platform fees with the people who bring new users (section 9).

Memecoin and token swaps were withdrawn from the Service on 5 October 2026. Anything still held in a wallet created for them before then remains yours; contact support and we will help you withdraw it.

Market data, wallet rankings, copy scores, results and anything else shown in the Service are information only. They are not financial, investment, legal or tax advice, and they are not a recommendation to buy, sell or hold anything. You decide what to trade.

4. Your wallets and our key

• When you sign up, wallets are created for you through our wallet provider, Privy. They are yours. Auspex never sees or stores your private keys.
• So that the Service can place trades for you (including stops, take-profits, limit orders, and copy trades, including Copy basket if you use it), you authorise an Auspex key to sign certain transactions from your wallets.
• That key is restricted by wallet policy to trading, paying the platform fees in section 7, and moving funds between your own Auspex wallets. Sending funds to any outside address requires you, signed in to the Service. Every wallet created since 4 October 2026 has these restrictions from the moment it is created. Wallets created before then receive the same restrictions automatically when their owner next signs in. What the key can and cannot do is set out in plain words at How your funds are protected.
• You can withdraw your funds at any time, subject to network conditions and the rules of the exchanges and chains involved.
• You are responsible for keeping access to the email or login that controls your account. If you lose it, we may not be able to restore access to your wallets.
• If Privy, Hyperliquid, a blockchain or another provider is unavailable, you may be temporarily unable to trade or move funds.

5. Risk

Trading is risky and you can lose all the money you trade with. In particular:

• Leverage multiplies gains and losses. At 20x, a 5% move against you wipes out your margin and your position is liquidated. Liquidation is automatic, irreversible, and can happen within seconds, at prices worse than the last one you saw. Maximum leverage is set per asset by the exchange and by the limits shown in the app.
• Copying wallets does not reproduce anyone's results. Prices, timing, size and fees differ, and past performance says nothing reliable about the future.
• Execution can be delayed, partial or fail because of market moves, slippage, network congestion, exchange or bridge outages, or software faults. Stops and automated orders may not execute at the price set, or at all, in fast markets.
• Blockchain transactions are final. Funds sent to a wrong address or lost in a failed third-party contract usually cannot be recovered.

Only trade with money you can afford to lose. See the full Risk Disclaimer.

6. You stay in control

You choose what to trade, the size, the leverage, and whether to switch on copying, Copy basket or automated orders. You can close positions, cancel orders, switch automation off and withdraw at any time. Switching automation off does not close positions that are already open. We are not your broker, adviser, fiduciary or portfolio manager, and nothing in the Service creates that relationship.

7. Fees

Joining is free and there is no subscription. We charge a fee per trade, taken automatically when the trade fills:

• Perps, stocks and markets you trade yourself: 0.05% of each order's notional value, collected by Hyperliquid as a builder fee on top of Hyperliquid's own trading fee. This includes the stops and take-profits on those trades.
• Orders placed for you: 0.10% of each order's notional value, on the same basis, where the Service places the order rather than you: copies of the wallets you copy, including Copy basket. So that this rate can apply, your wallet's builder-fee approval is set to 0.10%, which is the maximum Hyperliquid permits on perpetuals; we charge 0.05% on the orders you place yourself.
• No performance fees and no invoices. We do not charge a share of your profits, and there is nothing to pay separately, so nothing can fall overdue.

Current fees are always shown on the fees page. We may change fees. Changes apply to trades placed after the new fee is published. Fees already taken on filled trades are not refundable, except where the law requires.

8. Copying and Copy basket

If you copy a wallet or switch on Copy basket, you authorise the Service to open, manage and close positions in your own account, without asking you each time, within the settings you choose. Copy basket copies traders from our published copy list and changes them when the list changes each week. The copy list, copy scores and copy results are information about what happened in the past; they are not a recommendation and do not guarantee future results. Copies can and do lose money. A copy can be skipped, for example when your account cannot fund it. Auspex Auto (signals with auto-execution and a managed Portfolio) closed on 1 October 2026 and no longer places trades.

9. Refer & earn and creator partners

• If someone joins through your referral link, you earn a share of the platform fees they actually pay, for as long as they trade: 25% of fees from people you refer directly, 5% from the people they refer, and 2% from one level further. Approved creator partners earn a higher direct rate: currently 35%, or the rate set out in a partner schedule signed with us. Creator status is by application and at our discretion.
• Earnings build up in your account and are paid weekly, normally on Mondays, in USDC to your Auspex wallet on Hyperliquid. If a week's earnings come to less than $1, they are added to the next week's payout. Only fees we have actually received count.
• Self-referral, fake or duplicate accounts, trading designed only to generate referral fees, spam, and misleading promotion are not allowed. We may withhold or reverse earnings and remove referral or creator status where we reasonably believe the programme has been abused.
• We may change the rates or rules, or end the programme. Changes apply from when they are published and do not affect earnings already accrued under the rules at the time, unless those earnings came from abuse. A rate in a signed partner schedule applies for the period and on the terms set out in that schedule.
• You are responsible for any tax on your referral earnings, and for following advertising rules when you promote Auspex. Do not promise returns or describe Auspex as risk-free.

10. Community and what you share

Joining Community is optional. If you create a profile, your handle and the trades you choose to share appear publicly in the feed and leaderboard, but only trades made after you joined. Dollar amounts are shown only if you allow it. Trades on Auspex also appear in an anonymous live ticker (market, direction and time, with no amounts or identity), unless you have joined Community and turned trade sharing off. You must not use a handle that impersonates someone, is offensive, or infringes someone else's rights, and we may remove or change handles that do.

11. Third-party services

The Service relies on third parties it does not control, including Privy (wallets and login), Hyperliquid and trade.xyz (perpetual markets), Relay (moving deposits from other chains), the blockchains themselves, market-data providers, and card on-ramp providers, which you use under their own terms. We are not responsible for their availability, pricing, errors or losses caused by them, including smart-contract failures or exploits.

12. Acceptable use

You agree not to: (a) use the Service unlawfully, including for money laundering, fraud or sanctions evasion; (b) manipulate markets, including wash trading, spoofing or pump-and-dump schemes; (c) access the Service from a location where it is restricted, or disguise your location to do so; (d) interfere with, overload, reverse-engineer or scrape the Service beyond normal use; (e) resell or redistribute the Service's data or content without our permission; (f) impersonate anyone or harass other users.

13. Suspension and closing your account

You can stop using the Service and delete your account at any time at auspex-trade.com/delete-account. Withdraw your funds first. We may suspend or close accounts, or switch off features for you, if you break these Terms, if we reasonably suspect fraud, abuse or illegal activity, or where the law or a regulator requires it. Because your wallets are yours, we will not take your funds. Where we close an account, we will give you a reasonable opportunity to withdraw, unless the law prevents it. Automated features may be switched off, and open positions remain yours to manage or close.

14. Liability

The Service is provided "as is" and "as available". We do not promise it will be uninterrupted, error-free or profitable. To the fullest extent the law allows, we are not liable for trading losses, lost profits, liquidations, missed or failed orders, losses caused by third-party services, blockchains, smart contracts, hacks or outages, or any indirect or consequential loss. Where we are liable, our total liability to you is limited to the platform fees you paid us in the three months before the claim arose. Nothing in these Terms excludes liability that cannot legally be excluded, including for fraud, or for death or personal injury caused by negligence, and nothing affects your statutory rights as a consumer.

15. Events outside our control

We are not responsible for delays or failures caused by events beyond our reasonable control, including exchange, bridge or blockchain outages, network congestion, attacks on infrastructure, actions by regulators or governments, and natural or geopolitical events.

16. Intellectual property

The Service, its software, design, content and data belong to Auspex or its licensors. You may use them only to use the Service for yourself.

17. Changes to these Terms

We may update these Terms as the Service changes. We will post the new version here with a new date and, for significant changes, tell you in the app or by email. If you keep using the Service after a change takes effect, you accept the updated Terms.

18. Governing law

These Terms are governed by the laws of England and Wales, and the courts of England and Wales have jurisdiction. If you are a consumer, you keep any protections given to you by the laws of the country where you live.

19. Contact

Questions about these Terms: support@auspex-trade.com.