Terms of Service

Last Updated: November 6, 2026

These Terms of Service ("Terms") contained herein govern the User’s access and use of Services provided by all Platforms affiliated with https://www.legend.trade/ and https://app.legend.trade/ operated by Many Labs Inc ("Company"), including but not limited to the website(s), APIs, mobile applications, and all associated tools (collectively, the “Platform”).

IMPORTANT: COMPANY IS NOT A FINANCIAL INSTITUTION, MONEY SERVICES BUSINESS, CUSTODIAN, OR FINANCIAL INTERMEDIARY.

https://www.legend.trade/ is a self-custodial software platform designed to operate as a user-interface layer that facilitates interaction between users and third-party decentralized protocols deployed on public blockchains (“Services”).

Legend Capital accounts are simulated and are not Self-Custodial. The LEGEND CAPITAL section of these Terms governs them.

By accessing or using the Platform or Services, the Users:

  • agree to be bound by these Terms, including any documents incorporated by reference (such as the Privacy Policy and Cookie Policy) and any additional terms or conditions that may apply to specific features or third-party integrations. If the User does not agree to these Terms, they are not authorized to access or use the Platform or the Services.

  • agree that the Company reserves the right to modify these Terms at any time, at the Company’s sole discretion. Any changes will take effect immediately upon posting on the Platform. The User’s continued use of the Platform or Services after such changes constitutes their acceptance of the revised Terms.

  • DEFINITIONS

  • In these Terms, unless the context otherwise requires, the following terms shall have the meanings set forth below:

  • "API" means any application programming interface made available by the Company through the Platform.

  • "Crypto Assets" means any digital asset, cryptocurrency, virtual currency, token, or other digital representation of value that is recorded on a distributed ledger or blockchain, including but not limited to stablecoins, governance tokens, and utility tokens.

  • “Decentralized Protocol" means any third-party, independently operated, open-source protocol deployed on a public blockchain that provides decentralized trading, exchange, or financial functionality, and with which the Platform may enable User interaction through builder codes, application programming interfaces, or similar technical integrations.

  • "Governmental Authority" means any government, regulatory body, court, agency, department, commission, board, bureau, or other governmental, regulatory, judicial, or administrative authority having jurisdiction over Company, the Platform, the Services, or Users.

  • "Intellectual Property Rights" means all intellectual property rights worldwide, including without limitation: (a) patents, patent applications, patent disclosures and inventions; (b) trademarks, service marks, trade names, domain names, and trade dress; (c) copyrights and copyrightable works; (d) trade secrets, know-how, and confidential information; and (e) all other intellectual property and proprietary rights.

  • "Person" includes, but is not limited to, any individual, corporation, partnership, limited liability company, association, trust, or other entity or organization.

  • "Private Key" means the cryptographic key that enables a User to access, control, and transact with tokens associated with a corresponding public address on a Blockchain Network.

  • "Protocol" means any blockchain-based protocol or smart contract system integrated with or accessible through the Platform.

  • "Restricted Person" means: (a) any Person located in, resident of, or organized under the laws of any Restricted Territory; (b) any Person identified on any sanctions list maintained by any Governmental Authority including, but not limited to, United Nations Security Council List, the list of Specially Designated Nations and Blocked Person list maintained by the United States Treasury Department’s Office of Foreign Assets Control (OFAC), the Denied person list maintained by United States Department of Commerce’s Bureau of Industry and Security (BIS), or any similar list maintained by any other relevant sanctions authority, including but not limited to the European Union, the United Nations Security Council; (c) any Person owned or controlled by, or acting on behalf of, any Person described in clauses (a) or (b); or (d) any Person with whom transactions are prohibited or restricted under applicable law.

  • "Restricted Territory" means any country, territory, or jurisdiction: (a) that is subject to comprehensive sanctions administered or enforced by any Governmental Authority; (b) in which the provision of the Services would violate applicable law; or (c) as Company may designate from time to time in its sole discretion for legal, regulatory, or business reasons.

  • “Safety Components” means any technical, administrative, or procedural features, safeguards, controls, restrictions, monitoring, or other mechanisms provided by or on behalf of the Company to protect security, safety, privacy, integrity, or legal and regulatory compliance.

  • "Self-Custodial" means that Users retain exclusive control and custody of their Private Keys and their tokens on the blockchain, and Company does not hold, control, or have access to Users' Private Keys or tokens.

  • "Third Party Service" means any service, application, protocol, or content provided by parties other than Company, including but not limited to Protocols, DApps, blockchain infrastructure providers, smart contracts, and data providers.

  • "Transaction" means any transfer, exchange, or interaction involving tokens on a Blockchain Network, including but not limited to sends, receives, swaps, staking, or Smart Contract interactions.

  • “Transaction Features” means features that place, change, or cancel orders; open, change, or close positions; or sign, approve, or submit financial actions. These include reduce-only orders, copy trading, automated trading, deposits, withdrawals, transfers, staking, and trading agent approvals. The restriction applies through the Platform, its APIs, and Company-operated agents and automated services.

  • “View-only Access” means viewing the Platform, creating an account, and using account and social features that do not use Transaction Features.

  • "User" means any Person who accesses or uses the Platform or Services.

  • "User Content" means any data, information, or content submitted, uploaded, or transmitted by Users through the Platform.

  • In these Terms: (a) headings are for convenience of reference only and shall not affect interpretation; (b) the singular includes the plural and vice versa; (c) references to Sections are references to sections of these Terms; (d) the words "include," "includes," and "including" shall be deemed to be followed by the phrase "without limitation"; and (e) references to any Applicable Law shall include such law as amended, supplemented, or replaced from time to time.

  • COMPANY’S ROLE AND PLATFORM

  • Self-Custodial Technology Interface: Company:

  • does not hold, store, control, or have access to Users' Private Keys or tokens;

  • cannot initiate, authorize, or reverse any Transactions on behalf of Users;

  • cannot restore, recover, or provide access to lost Private Keys, Seed Phrases, or tokens; and

  • does not have the ability to freeze, block, or restrict User access to their tokens.

Users acknowledge and agree that they are solely responsible for the security and management of their Private Keys, Seed Phrases, passwords, and tokens, and that the loss thereof may result in permanent and irreversible loss of tokens.

  • Integration with Third-Party Services: The Platform enables Users to access independent, third-party decentralized trading protocols through builder codes and APIs. Users acknowledge and agree that:

  • does not operate, administer, or control the underlying decentralized exchanges or protocols.

  • does not determine the terms, pricing, leverage, or parameters of the trading products offered by such protocols.

  • does not match, execute, clear, or settle trades, and does not act as a counterparty to any trade.

  • Company's revenue is derived from protocol-level fee allocation mechanisms where fees are programmatically allocated to the Company without the Company ever handling or custodying User’s funds.

  • USER RESPONSIBILITY

Users act as principals in all their interactions with Blockchain Networks, Protocols, and Third-Party Services. Company does not act as an agent, representative, or fiduciary for any User. Users are exclusively and solely responsible for:

  • all decisions regarding private keys, tokens and transactions;
  • review and approval of recipient address, token amount, and Fees before the User approves (signs) a Transaction using their locally-stored Private Key;
  • compliance with applicable laws and regulations in their jurisdiction;
  • tax reporting and obligations related to token activities in their jurisdiction;
  • due diligence regarding Third-Party Services and Protocols;
  • understanding the risks associated with tokens and blockchain technology; and
  • implementing appropriate security measures for their tokens and Private Keys.

The User further acknowledges and accepts:

  • that in peer-to-peer interactions, outcomes are determined solely by the User’s relative trading performance, knowledge, and skill, and not by random chance or any intervention by the Company.

  • that the Company does not provide odds or guaranteed returns, and Users participate based on their own judgment of market conditions.

  • That User acts as the sole principal when interacting with underlying smart contracts and the Company merely provides the interface to discover and monitor these interactions without exercising control over the smart contract’s execution.

  • ELIGIBILITY AND USER REPRESENTATIONS

  • Minimum Age and Capacity: To access or use the Platform or Services, the User must: (a) be at least eighteen (18) years of age (or the age of majority in their jurisdiction, whichever is greater); (b) be a Person with full legal capacity to enter into these Terms; and (c) be permitted by applicable law to use each feature that the User accesses.

  • Viewing and Account Creation: The Company permits View-only Access in all countries and territories, subject to the sanctions and service access restrictions below and applicable law. Account creation does not give a User permission to use Transaction Features. A geographic restriction on Transaction Features alone does not prevent viewing or account creation.

  • Restricted Transaction Features: Restricted Persons must not use Transaction Features. This includes any Person located in, resident of, or organized under the laws of a Restricted Territory, such as the United States of America and its territories, Cuba, Iran, North Korea, Syria, the Crimea, Donetsk, and Luhansk regions of Ukraine, Myanmar, and any other jurisdiction subject to comprehensive sanctions by the United States, European Union, or United Nations. The Company may restrict Transaction Features in other countries or regions for legal, regulatory, or business reasons. Users must not use Transaction Features where applicable law prohibits their use. No exception applies to cancellations, position closures, withdrawals, or reduce-only orders.

  • Sanctions and Service Access: View-only Access does not permit access from a country or region subject to the existing comprehensive sanctions access restrictions. It does not permit access by a Person on a sanctions list described in the Restricted Person definition, or by a Person owned or controlled by, or acting on behalf of, a Person subject to these sanctions access restrictions. Users must not access any Services where applicable law prohibits that access. These restrictions apply to viewing and account creation as well as Transaction Features.

  • User Representations: Users represent and warrant that their access complies with the sanctions and service access restrictions above. Users who use Transaction Features also represent and warrant that they are not a Restricted Person and are not owned or controlled by, or acting on behalf of, a Restricted Person. Users must not use the Services to facilitate transactions involving a Restricted Person or Restricted Territory. Tokens used with the Services must not come from prohibited or sanctioned activities. Users must not evade geographic controls or give false location information.

  • Existing Orders and Positions: A geographic restriction does not cause the Company to cancel existing orders or close existing positions. Orders already accepted by a Protocol can remain open and can execute under that Protocol’s rules. Existing positions remain subject to those rules, including liquidation. While restricted, Users must not use Transaction Features through Legend to change, cancel, reduce, or close those orders or positions. Company-operated automated services must not start new financial actions for a restricted account. This restriction does not cancel orders already accepted by a Protocol or prevent a Protocol from executing them.

  • Legitimate Source of Funds: Users represent and warrant that:

  • they have proper authorization to control such tokens;

  • their tokens are not proceeds of any crime; and

  • they comply with all applicable anti-money laundering, counter-terrorism financing, and similar laws and regulations.

  • Notification of Changes: The Users agree to immediately notify Company if any of their representations or warranties become untrue or inaccurate, or if they become aware of any circumstances that would make their continued use of the Services unlawful.

  • Compliance Obligation: Each User must determine whether the features they access are lawful in their jurisdiction. The Company does not represent that every feature is available or lawful in every jurisdiction. Users must not access a feature where that access is prohibited by law. A restriction on Transaction Features alone does not prohibit View-only Access, subject to the sanctions and service access restrictions above.

  • Verification Rights: The Company reserves the right, at any time and in its sole discretion, to require Users to provide information and documentation for the purpose of identity verification, jurisdictional compliance, or anti-money laundering screening. Failure to provide requested information may result in immediate suspension or termination of access to the Platform.

  • PLATFORM ACCESS AND USE

  • Prohibited Uses and Activities:

  • Unlawful Activities: Users may not use the Platform or Services to engage in, facilitate, or promote any unlawful activities.

  • Platform Abuse: Users may not (a) use the Platform or Services to harm, threaten, harass, or impersonate others; (b) attempt to gain unauthorized access to the Platform, other users' accounts, or Company's systems; (c) introduce viruses, malware, or other malicious code into the Platform; (d) interfere with or disrupt the Platform's operation or security; (e) use automated tools, bots, or scripts to access the Platform without Company's express written consent; (f) attempt to circumvent any security measures or access controls; (g) create multiple accounts to evade restrictions or limitations; (h) use the Platform in any manner that could damage, disable, or impair the Platform or/and (i) use the Services or Platform for market manipulation (such as pump and dump schemes, wash trading, self- trading, front running, quote stuffing, and spoofing or layering, regardless of whether prohibited by law), fraud, or other deceptive, misleading, or manipulative activity.

  • The Company reserves the right, in its sole discretion, to investigate and take appropriate action against any User who violates these prohibitions, including but not limited to: suspension or termination of access to the Platform or services and referral to applicable law enforcement or regulatory authorities.

  • User Content and Data:

  • User Content License: To the extent the Users submit, upload, or transmit any User Content through the Platform, they grant the Company a non-exclusive, worldwide, royalty-free license to use, reproduce, modify, and display such User Content solely for the purpose of providing the Services.

  • User Content Responsibility: The Users are solely responsible for all User Content they submit through the Platform and represent that they have all necessary rights to grant the license set forth above.

  • Data Accuracy: While Company strives to provide accurate blockchain data and information through the Platform, the Users acknowledge that such data is sourced from third parties and Blockchain Networks, and Company does not guarantee its accuracy, completeness, or timeliness.

  • User Feedback and Suggestions: Any feedback, suggestions, or ideas the User provides to Company regarding the Platform are provided voluntarily and Company may use such feedback without any obligation to the User.

  • Content Standards: These Content Standards apply to any and all User Contributions and use of Services and Platforms. User Contributions must in their entirety comply with all applicable laws and regulations. Without limiting the foregoing, User Contributions must not:

  • contain any material that is defamatory, obscene, indecent, abusive, offensive, threatening, harassing, violent, hateful, inflammatory, degrading, fraudulent, tortious, illegal or otherwise objectionable;

  • promote sexually explicit or pornographic material, violence, or discrimination based on race, sex, religion, nationality, disability, sexual orientation, age or which is regarded as a protected characteristic;

  • infringe any patent, trademark, trade secret, copyright, or other intellectual property or other rights of any other person.

  • violate the legal rights (including the rights of publicity and privacy) of others or contain any material that could give rise to any civil or criminal liability under applicable laws or regulations or that otherwise may be in conflict with these Terms of Use and Company’s Privacy Policy;

  • be likely to deceive any person;

  • promote any illegal activity, or advocate, promote, or assist any illegal or unlawful act;

  • cause annoyance, inconvenience, or needless anxiety or be likely to upset, embarrass, alarm or annoy any other person;

  • impersonate any person, or misrepresent the User’s identity or affiliation with any person or organization;

  • involve commercial activities or sales, such as contests, sweepstakes and other sales promotions, barter, or advertising, to the extent not related to the Company or the Services;

  • give the impression that they emanate from or are endorsed by the Company or any other person or entity, where this is not the case;

  • function as investment vehicles or offer equity or debt; or

  • involve or contain illegal or dangerous content, political fundraising, financing or investment schemes, or discriminatory or intolerant materials.

  • THIRD PARTY SERVICES INTEGRATIONS

The Platform integrates with various Third-Party Services to enhance User functionality. Platform may include functionality enabling the User to connect their respective wallet or interact with Third Party Services. User acknowledges that:

  • Company does not operate, control, or maintain any Third-Party Services;

  • each Third-Party Services Protocol is operated by independent parties with their own terms of service, privacy policies, and risk profiles;

  • Users interact directly with such Protocols as Company serves only as a technological interface facilitating such interactions and does not recommend or endorse any Third Party Services;

  • User maintains full control over Third Party Services selection and must explicitly authorize each interaction;

  • User is responsible for conducting due diligence, reviewing, and understanding implications of each authorization;

  • User assumes all risks associated with Third Party Services interactions;

  • User’s use of Third-Party Services through the Platform creates direct relationships between the User and Third-Party Services and Company is not a party to these relationships;

  • Company has no authority to act on the User’s behalf with respect to Third Party Services;

  • Company makes no representations or warranties regarding the functionality, security, reliability, or legal compliance of any Third-Party Services or Protocols, and Users assume all risks associated with their use thereof; and

  • Company has the right, in its sole discretion, to add, modify, remove, update, any Third Party service.

  • PERFORMANCE RANKINGS AND LEADERBOARDS

The Platform may display performance rankings, leaderboards, statistical analytics, and other performance-related data derived from Users' on-chain trading activity. Such information is provided for informational and entertainment purposes only and does not constitute investment advice, a recommendation, or an endorsement of any User, trading strategy, or Crypto Asset.

  • No Guarantee of Accuracy: While the Company endeavors to derive performance data from objective, verifiable on-chain sources, the Company does not warrant the accuracy, completeness, timeliness, or reliability of any ranking, statistic, or performance metric displayed on the Platform. Rankings may be affected by data latency, oracle discrepancies, or blockchain network conditions.

  • No Reliance on performance rankings: No User shall rely on performance rankings or leaderboard data as the basis for any trading, investment, or financial decision. Past performance, as displayed on the Platform, is not indicative of future results.

  • LEGEND CAPITAL

  • Scope and Order of Precedence: This section applies to Legend Capital, the Company's simulated trading evaluation and funded account program ("Legend Capital"). The other provisions of these Terms are written for Self-Custodial wallets and also apply to Legend Capital. If this section conflicts with any other provision of these Terms, this section controls for Legend Capital. The Program Terms shown to the User at purchase are incorporated into these Terms for the applicable Capital Account.

  • Definitions:

  • "Capital Account" means a simulated trading account provided through Legend Capital, including an evaluation account ("Evaluation") and a funded account ("Funded Account").

  • "Instant Account" means a Funded Account that the Company gives to the User without an Evaluation. An Instant Account is a simulated account like all other Capital Accounts. It does not contain any funds for the User and does not let the User make live trades.

  • "Capital Fee" means the one-time fee that the User pays to purchase a Capital Account, including an Evaluation or an Instant Account.

  • "Program Terms" means the parameters shown on the Platform for a Capital Account, including the account size, profit target, daily loss limit, maximum drawdown and drawdown mode, profit split, permitted assets, leverage limits, payout limits, and account limits.

  • "Payout" means a performance-based reward that the Company pays to a User in connection with a Funded Account.

  • Simulated Trading Only: All Capital Accounts, including Funded Accounts, are simulated. Balances, positions, prices, fills, leverage, and profit and loss shown in a Capital Account are hypothetical numbers that have no monetary value. They are not Crypto Assets, deposits, margin, or funds of the User or of the Company. When the User places an order in a Capital Account, the User does not trade any real financial instrument or Crypto Asset and does not manage any funds of the Company or of any other Person. References to "funded", "capital", or "Legend's capital" are product names. They do not mean that the Company allocates, lends, or entrusts any funds to the User.

  • Not Self-Custodial; No Ownership: Capital Accounts are not Self-Custodial. The Company operates Capital Accounts and the related wallets. The User does not own and has no right, title, or interest in any Capital Account, balance, position, or wallet used for Legend Capital. The User cannot transfer, withdraw, sell, or assign a Capital Account or its balance.

  • The Company's Trading: The Company may, at its sole discretion and without notice, copy, hedge, offset, or not act on any activity in a Capital Account by using its own funds on any venue. Any such position and its results belong only to the Company. The User has no right to require live execution of any order and has no right to any profit, loss, or other result of the Company's trading. The method that the Company uses does not change the results shown in the Capital Account.

  • Capital Fees: The Capital Fee is shown before purchase and is payable in USDC. The Capital Fee is not trading capital, margin, a deposit, or an investment. It gives the User access only to the Capital Account that the User purchases. All Capital Fees are non-refundable once the purchased Capital Account is activated, including if the User does not place a trade, whatever the result of the Capital Account, and including if the Capital Account is closed because of a breach of these Terms or the Program Terms. If the Company receives a payment but cannot activate the purchased Capital Account, the Company will activate the Capital Account or refund the payment. Payment of a Capital Fee, or access to an Instant Account, does not by itself give the User a right to a Payout, and the User can lose the full Capital Fee. The Company may offer free or promotional Capital Accounts with different Program Terms or limits, and may change or withdraw those offers at any time.

  • Refunds and Chargebacks: The User must not request a refund of a Capital Fee, or start a chargeback or payment dispute for a Capital Fee, through a card issuer, a bank, the Apple App Store, Google Play, or any other payment provider, unless the payment was unauthorized or the Company did not activate the purchased Capital Account. If the User gets a refund, chargeback, or reversal of a Capital Fee for any other reason, this is a breach of these Terms, and the Company may, at its sole discretion and without prior notice: (a) close the related Capital Account, close all open positions, and delete the Capital Account, except records that the Company must keep by law or uses to enforce these Terms; (b) cancel any pending or future Payout; (c) close all other Capital Accounts of the User; and (d) permanently stop the User and related Users from taking part in Legend Capital on any Platform. The User must repay to the Company any Payout that the Company paid from a Capital Account whose Capital Fee was refunded or reversed. The Company may dispute any chargeback or refund request and may give the payment provider records of the User's activity on the Platform. This clause does not limit refund rights under applicable law or the Apple App Store or Google Play rules. The Company will apply these measures only where those laws and rules permit them.

  • Store Refund Data: If the User gives separate consent, the Company may send Apple the delivery and usage status of the User’s Capital Account to help Apple review a refund request. The User can withdraw this consent through the Platform. Acceptance of these Terms alone does not give this consent.

  • Instant Accounts: The Company may, at its sole discretion, give a User or a group of Users access to an Instant Account without an Evaluation. The Company does not have to offer an Instant Account to any User, and may stop offering Instant Accounts for new purchases at any time. An Instant Account offered to another User does not give the User a right to an Instant Account. All provisions of these Terms and the Program Terms that apply to Funded Accounts also apply to Instant Accounts. An Instant Account does not have an Evaluation, but the eligibility requirements and verification checks in these Terms, loss limits, drawdown limits, Payout conditions, Forbidden Practices, and other Program Terms continue to apply.

  • Program Terms and Breach: The User must follow the Program Terms that apply to each Capital Account. The Program Terms shown at purchase apply to that Capital Account for its full life, unless these Terms say otherwise. If a Capital Account reaches a loss limit or drawdown limit, or if the User breaches these Terms, the Capital Account closes, all open positions close, and the closure is final. The Company does not reset or reopen a closed Capital Account. The User never owes the Company any simulated loss. The maximum amount that the User can lose in connection with a Capital Account is the Capital Fee.

  • Payouts:

  • A Payout is a discretionary, performance-based reward that the Company calculates from the simulated results of a Funded Account and the profit split in the Program Terms. A Payout is not a trading profit, interest, a return on investment, wages, or a share of the Company's revenue.

  • Payouts are subject to the minimum amount, daily or rolling limits, and other limits shown on the Platform. Trading in a Funded Account can be paused while a Payout is pending.

  • The Company pays Payouts in USDC to the wallet that the User identifies on the Platform. The User is responsible for the wallet address. The Company is not responsible for losses that come from an incorrect address, a wallet the User cannot access, or a Blockchain Network failure.

  • The Company may delay or hold a Payout while it reviews the related activity. The Company may refuse or cancel a Payout that comes from a breach of these Terms or the Program Terms.

  • The User is solely responsible for all taxes on Payouts, as set out in the TAX OBLIGATIONS section.

  • Relationship of the Parties: The User takes part in Legend Capital for personal use only and acts as an independent contractor. Legend Capital does not create any employment, partnership, joint venture, agency, fiduciary, or investment adviser relationship between the User and the Company. The User must not use Legend Capital to trade for or give signals to any third party, or in the course of any business.

  • Not a Financial Service: Legend Capital is not a brokerage, investment, custody, deposit, or money services product. The Company is not a broker, dealer, investment adviser, or custodian for the User in connection with Legend Capital. The User does not get the protections that a regulated financial services provider would give.

  • Eligibility and Account Limits: In addition to the other eligibility requirements in these Terms, each User may hold only one Platform account and may not hold more active Capital Accounts, or a higher total account size, than the limits shown on the Platform.

  • Forbidden Practices: The User must trade each Capital Account independently and in good faith. The User must not, alone or with any other Person:

  • open opposite or offsetting positions across two or more Capital Accounts;

  • hedge Capital Account positions with positions on any other venue or account, including the User's Self-Custodial wallet;

  • coordinate trades with other Users, copy other Users, or share signals or strategies for the purpose of passing Evaluations or getting Payouts;

  • use errors, delays, or differences in prices, data feeds, or systems, including latency arbitrage, stale-price trading, and tick sniping;

  • place trades that do not show genuine trading risk, including wash trades and all-or-nothing positions repeated across Evaluations;

  • plan the timing or size of trades or Payout requests to manipulate drawdown, daily loss, or Payout calculations;

  • share, sell, buy, rent, or transfer a Capital Account or its credentials, or let any other Person trade it;

  • open or control accounts under more than one identity, or use another Person's identity, to go above any limit;

  • use bots, automated tools, or third-party trading software, unless the Company permits it in writing; or

  • use any other practice that the Company, at its sole discretion, considers abusive or contrary to the purpose of Legend Capital.

  • Monitoring and Remedies: The Company may monitor Capital Account activity, devices, IP addresses, wallets, and payment details to find Forbidden Practices and related accounts. The User must tell the Company if the User shares a device, network, or wallet with another User. If the Company decides that a User has breached this section, these Terms, or the Program Terms, the Company may, at its sole discretion and without prior notice: (a) cancel, change, or remove trades and calculate the results again; (b) reduce leverage or limit assets or position sizes; (c) suspend trading or Payouts during a review; (d) close any or all Capital Accounts of the User and of related Users; (e) cancel any pending or future Payout; and (f) stop the User from taking part in Legend Capital. The Company is not required to refund Capital Fees or pay any compensation. The decisions of the Company are final.

  • System Errors: Legend Capital depends on market data, Blockchain Networks, Third-Party Services, and Company systems that can fail, delay, or give incorrect data. The Company may correct, cancel, or calculate again any trade, balance, breach, pass, or Payout that comes from incorrect prices, outages, or system errors. The User must tell the Company immediately about any error that the User sees. If the User continues to trade after the User sees an error, the User accepts the result.

  • No Guarantee: Most Users do not pass Evaluations. The Company does not guarantee that a User will pass an Evaluation, keep a Funded Account or an Instant Account, or get any Payout. Simulated results can be different from live market results because of slippage, liquidity, funding, and fees. Past results shown on the Platform do not predict future results.

  • Conflicts of Interest: The User acknowledges that the Company receives revenue from Capital Fees, including the fees of Users who do not pass, and that the Company's results can be opposite to a User's results when the Company does not hedge that User's activity.

  • Use of Data: The User grants the Company a worldwide, royalty-free, perpetual license to use, copy, analyze, and publish data about the User's Capital Account activity and results, including for risk management, hedging, transparency reports, leaderboards, and marketing. The Company may show the User's username, profile, and results in public Legend Capital pages. This license continues after the User stops using Legend Capital.

  • Changes and Termination of Legend Capital: The Company may change, suspend, or stop Legend Capital, any program, or any Program Terms at any time. Changes to Program Terms apply to Capital Accounts purchased after the change, unless the change is necessary for security, legal compliance, or to correct an error. If the Company stops Legend Capital, the Company will give Users reasonable notice on the Platform and will tell Users how open Funded Accounts and eligible Payouts will be handled.

  • Limitation of Liability: In addition to the LIMITATION OF LIABILITY section, the total liability of the Company for any claim in connection with a Capital Account is limited to the Capital Fee that the User paid for that Capital Account.

  • INTELLECTUAL PROPERTY

  • License Grant and Restrictions: Subject to these Terms, the Company grants User a limited, revocable, non-exclusive, non-transferable, and non-sublicensable license to access and use the Services and Platform, including the Company’s software, documentation, and related materials (collectively, the “Services Materials”), solely for personal or internal business purposes in accordance with this Agreement. Except as expressly permitted, User acquires no ownership or other rights in the Services, the Services Materials, or any related technology or intellectual property. Neither User nor any End User may, except as expressly allowed:

  • copy, modify, distribute, create derivative works of, alter, tamper with, or repair the Services or Services Materials;

  • reverse engineer, disassemble, decompile, or otherwise attempt to derive the source code of any software included in the Services (except where applicable law renders such restriction unenforceable);

  • remove or alter any proprietary notices, labels, or marks;

  • use scraping or data-mining techniques except as expressly permitted under an applicable plan;

  • access or use the Services to circumvent fees, quotas, or usage limits;

  • resell, sublicense, assign, or otherwise transfer rights to the Services without prior written consent;

  • remove, bypass, weaken, disable, alter, or otherwise circumvent any Safety Components, including by creating or operating modified versions of the Services that exclude or impair such Safety Components;

  • or distribute, publish, or make available modified versions of the Services that disable, or omit Safety Components;

  • Certain Services Materials may be subject to separate open-source or third-party licenses, which will prevail in case of conflict. (a) such components remain under original licenses and are not owned by Company; (b) Company provides components "as is" without warranties and cannot grant rights beyond those permitted by original licensors; (c) Company may discontinue use due to licensing changes; (d) Users redistributing or modifying Platform components are responsible for complying with applicable license terms, including potential copyleft obligations; and (e) Company will provide copies of applicable licenses upon request.

  • The User may, from time to time, voluntarily provide the Company with feedback, recommendations for modifications, or other information relating to the Services (collectively, “Feedback”). The User agrees that Feedback is provided on a non-confidential and non-proprietary basis. By submitting Feedback, the User grants the Company and its service providers, and each of their respective licensees, successors, and assigns, a perpetual, irrevocable, non-exclusive, worldwide, fully paid-up, and royalty-free right and license to use, reproduce, modify, perform, display, and otherwise disclose to third parties any such material for any purpose in the Company’s business without restriction or obligation to the User.

  • All Intellectual Property Rights in the Platform that are not expressly granted to Users under these Terms are reserved by the Company. The Company reserves all rights not expressly granted.

  • Trademarks: The Legend.Trade name, logo, and other Company trademarks, service marks, and trade names are proprietary to the Company or its affiliates or licensors. Users may not use, copy, display, or reference Company trademarks without the Company's prior written consent, except as necessary for the normal operation of the Platform.

  • FEES

  • Except for Capital Fees described in the LEGEND CAPITAL section, the Company does not charge Users any fees, including, but not limited to, processing or transaction fees (collectively, the “Fees”) for accessing or using the Platform; however utilizes protocol-level fee allocation mechanisms.

  • Users acknowledge and agree that:

  • a portion of the transaction fees generated through User activity on third-party decentralized protocols is programmatically allocated to the Company; and

  • allocation is executed automatically by the underlying smart contracts and does not involve the Company taking custody, possession, or direct handling of User funds.

  • MONITORING, ENFORCEMENT, AND TERMINATION

  • Company Rights: The Company reserves the right, in its sole discretion and without prior notice or liability, to:

  • remove, refuse to post, restrict, or modify any User Content for any reason or for no reason;

  • take any action with respect to User Content that the Company deems necessary or appropriate, including where such content violates these Terms, infringes any third-party intellectual property or proprietary right, threatens the safety of Users or the public, or could create liability for the Company or any Indemnified Party;

  • disclose a User's identity or other information to any third party asserting that User Content posted by such User violates such third party's rights, or to any law enforcement or regulatory authority pursuant to valid legal process or Applicable Law;

  • investigate and take appropriate action — including suspension or termination of access, account closure, restriction of Self-Custodial Wallet connectivity, and referral to law enforcement — against any User whom the Company reasonably believes has engaged in fraudulent, deceptive, manipulative, illegal, or unauthorized activity, including but not limited to wash trading, market manipulation, collusion, or circumvention of jurisdictional restrictions; and

  • terminate or suspend any User's access to the Platform, in whole or in part, at any time, for any reason or for no reason, without incurring liability of any kind.

  • Cooperation with Authorities: The Company shall fully cooperate with any law enforcement authority, regulatory body, or court of competent jurisdiction requesting or directing the disclosure of the identity or other information of any User, to the extent required or permitted by Applicable Law.

  • User Reporting: Users may report User Content believed to be fraudulent, infringing, or in violation of these Terms by contacting the Company at team@legend.trade. The Company is not obligated to review, verify, or act upon such reports, but reserves the right to do so and to take such action as it deems appropriate in its sole discretion.

  • No Pre-Screening Obligation; Limitation of Liability: The Company does not undertake to review, monitor, or pre-screen User Content prior to posting, and cannot guarantee the prompt identification or removal of objectionable material. The Company assumes no liability for any action or inaction with respect to User Content, transmissions, or communications provided by any User or third party. No liability or responsibility shall attach to the Company for performance or non-performance of the activities described in this Section.

  • NO ADVICE

The Company is not an investment advisor, broker, financial institution, or fiduciary. No content found on the Platform or Services, whether created by the Company, its service providers, or other Users, constitutes financial, investment, legal, tax, or securities advice. The Company disclaims all liability for any financial losses resulting from the User’s trading decisions. The User further acknowledges that results are determined solely by on-chain performance metrics and User skill, and the Company does not provide any vetting of other Users or Third-Party Services.

  • THIRD PARTY MATERIALS

  • Reliance on Information Posted: The information presented on or through the Platform is made available solely for general information purposes. The Company does not warrant the accuracy, completeness, or usefulness of any such information, including information created by the Company. Any reliance the User places on such information is strictly at the User’s own risk. The Company disclaims all liability and responsibility arising from any reliance placed on such materials by the User, any other visitor to the Platform, or by anyone who may be informed of any of its contents.

  • Third Party Services and Endorsement: The platform may include content provided by third parties, including materials provided by other Users, third-party licensors, aggregators, or reporting services. All statements, opinions, and responses to questions expressed in these materials other than the content expressly provided by the Company are the sole opinions and the responsibility of the Person providing those materials. These materials do not necessarily reflect the opinion of the Company. The Company does not endorse and is not responsible or liable for any Third-Party Services, protocols, networks, infrastructure, User Content, or data, even if available on or through the Platform. The Company has no responsibility for, no control over, and makes no warranties or guarantees with respect to the quality, security, accuracy, reliability, or uptime of such Third-Party Services. The User hereby holds the Company harmless from and against any losses or damages the User may suffer as a result of the use of such items.

  • Links from the Third Parties: If the Platform contain links to other websites and resources provided by third parties, these links are provided for the User’s convenience only. This includes links contained in advertisements. The User has no control over the contents of those websites or resources, and the Company accepts no responsibility for them or for any loss or damage arising from their use. If the User decides to access any of the third party websites linked to the Services, they do so entirely at their own risk and subject to the terms and conditions of use for such websites.

  • DISCLAIMERS AND WARRANTIES

THE SERVICES AND PLATFORM ARE PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, AND NON-INFRINGEMENT.

COMPANY DOES NOT WARRANT THAT THE SERVICES AND ACCESS TO THE PLATFORM WILL BE CONTINUOUS, UNINTERRUPTED, OR ERROR-FREE, THAT DEFECTS WILL BE CORRECTED, OR THAT THE SERVICES OR THE SERVERS THAT MAKE THEM AVAILABLE ARE FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS. SUCH SERVICES MAY BE SUBJECT TO LIMITATIONS, DELAYS, AND OTHER PROBLEMS INHERENT IN THE USE OF BLOCKCHAIN TECHNOLOGIES. THE COMPANY DOES NOT OPERATE, CONTROL, OR MAINTAIN THE THIRD-PARTY DECENTRALIZED PROTOCOLS OR SMART CONTRACTS ACCESSED VIA THE PLATFORM.

THE COMPANY MAKES NO REPRESENTATION OR WARRANTY REGARDING THE LEGAL OR REGULATORY STATUS OF ANY THIRD-PARTY PROTOCOL IN ANY JURISDICTION.

COMPANY DISCLAIMS ANY AND ALL WARRANTIES, WHETHER EXPRESS OR IMPLIED, WITH RESPECT TO THE APP, ITS CONTENT, MATERIALS, AND SERVICES, INCLUDING, WITHOUT LIMITATION: (A) IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, QUIET ENJOYMENT, AND NON-INFRINGEMENT; AND (B) WARRANTIES ARISING FROM ANY COURSE OF DEALING, USAGE, OR TRADE PRACTICE.

THE USER ACKNOWLEDGES AND AGREES THAT THEY ARE SOLELY RESPONSIBLE FOR ANY PROPERTY DAMAGE, INCLUDING BUT NOT LIMITED TO DAMAGE TO COMPUTER SYSTEMS, MOBILE DEVICES, OR OTHER EQUIPMENT USED TO ACCESS LEGEND.TRADE OR THE APP, AS WELL AS ANY DATA LOSS OR FINANCIAL LOSS OF ANY KIND. SUCH LIMITATIONS SHALL APPLY TO THE FULLEST EXTENT PERMITTED BY LAW. THE COMPANY HAS NO RESPONSIBILITY OR LIABILITY TO ANY PERSON FOR ANY LOSSES THAT THEY MAY INCUR AS A RESULT OF THEIR ACCESS OR USAGE OF THE PLATFORM OR SERVICES FOR ANY REASON WHATSOEVER, INCLUDING WITHOUT LIMITATION LOSSES ARISING FROM SOFTWARE DEFECTS, MALFUNCTIONS, OR A LACK OF ACCESS TO THE SERVICES OR PLATFORM.

THE COMPANY DOES NOT GUARANTEE ANY SPECIFIC OUTCOME, AS RESULTS ARE DETERMINED SOLELY BY ON-CHAIN PERFORMANCE METRICS AND USER SKILL. THE COMPANY IS NOT AN INVESTMENT ADVISOR, BROKER, OR FIDUCIARY, AND DISCLAIMS ALL LIABILITY FOR ANY FINANCIAL LOSSES RESULTING FROM TRADING DECISIONS MADE VIA THE INTERFACE.

THE USER ACKNOWLEDGES THAT FEES PROGRAMMATICALLY ALLOCATED TO THE COMPANY ARE NON-REFUNDABLE, REGARDLESS OF THE PERFORMANCE OR SUCCESS OF A TRANSACTION.

  • LIMITATION OF LIABILITY

IN NO EVENT SHALL COMPANY, ITS OFFICERS, DIRECTORS, EMPLOYEES, OR AGENTS, BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES, OR DAMAGES FOR LOSS OF PROFITS, REVENUE, DATA, OR DATA USE, INCURRED BY THE USER OR ANY THIRD PARTY, WHETHER IN AN ACTION IN CONTRACT OR TORT, ARISING FROM THEIR ACCESS TO, OR USE OF, THE SERVICES AND PLATFORM.

COMPANY’S TOTAL LIABILITY FOR ANY CLAIMS ARISING FROM OR RELATED TO THESE TERMS OR THE SERVICES IS LIMITED TO THE AMOUNT THE USER PAID COMPANY FOR THE SERVICES AND ACCESS TO THE PLATFORM IN THE SIX MONTHS PRECEDING THE CLAIM OR, IF NO FEES HAVE BEEN PAID, $ 500.

  • RISK WARNINGS

The User acknowledges and accepts the following -

  • Smart Contract Risk: The User assumes all risks associated with Transactions that rely on smart contracts, Third Party Services, and other experimental or emerging technologies.

  • Emerging Technology Risks: Interaction with Platform and Transactions depend on technologies, including, but not limited to, blockchains, cryptographic tokens generated by smart contracts, and other emerging software, applications, and systems that interact with Blockchain Networks. These technologies are experimental, speculative, inherently risky, and subject to change, and the User assumes sole responsibility and liability for all such risks.

  • Regulatory Uncertainty: The regulatory framework governing blockchain technologies, cryptocurrencies, and tokens remains uncertain, and new laws, regulations, or policies may have a material and adverse impact on the development or operation of the Platform. The User agrees to assume all risks arising from such regulatory changes.

  • Technological Interference: Platform and Services may be subject to technological interference or disruption resulting from third-party actions, including but not limited to downtime of third-party platforms accessed through the Platform, network outages, or network interference.

  • Due Diligence on Protocols and Network: The User agrees to conduct due diligence on the Blockchain Networks and Third Party Services.

  • TAX OBLIGATIONS

The User is exclusively and solely responsible for any and all tax liabilities that may arise from any activities engaged in through the Platform or Services. It is the User’s sole responsibility to ensure that all such taxes are properly accounted for, reported to the appropriate Governmental Authority, and paid in full. The Company does not undertake any obligation to report, collect, or disburse any such taxes on the User’s behalf. The User hereby holds the Company harmless and releases the Company from and against any claims, losses, damages, or demands arising in connection with taxes the User may owe as a result of use of the Services.

  • INDEMNIFICATION

The User agrees to defend, indemnify, and hold harmless the Company, its Affiliates, its officers, directors, employees, and agents, from and against any and all claims, damages, obligations, losses, liabilities, costs or debt, and expenses (including but not limited to attorney's fees) arising from: (a) their use of and access to the Services and Platform; (b) their violation of any term of these Terms; (c) their violation of any third-party right, including without limitation any copyright, property, or privacy right; or (d) any claim that their Content caused damage to a third party.

  • TERM AND TERMINATION

  • These Terms commence upon User’s first access to or use of Platform and continue until terminated by Company or User without notice.

  • Upon termination, the Users' right to use the Services or Platform will immediately cease. All provisions of these Terms which by their nature should survive termination shall survive termination, including, without limitation, disclaimers, indemnity, and limitations of liability.

  • GOVERNING LAW

‍These Terms shall be governed by and construed in accordance with the laws of Repuplic of Panama, without regard to its conflict of law provisions.

  • DISPUTE RESOLUTION

  • All matters relating to the Services, Platforms and these Terms of Use and any dispute or claim arising therefrom or related thereto (in each case, including non-contractual disputes or claims), shall be governed by and construed in accordance with the laws of the Republic of Panama without giving effect to any choice or conflict of law provision or rule (whether of the Republic of Panama or any other jurisdiction).

  • Any legal suit, action, or proceeding arising out of, or related to, these Terms of Use or the Services shall be instituted exclusively in the courts of the Republic of Panama, although the Company retains the right to bring any suit, action, or proceeding against the User for breach of these Terms of Use in their country of residence or any other relevant country. The User waives any and all objections to the exercise of jurisdiction over the User by such courts and to venue in such courts.

  • Arbitration: Any dispute which arises out of or is related to these Terms, including its interpretation, application, performance, and termination, must be decided by Arbitration, following an attempt at Conciliation. The process shall be:

  • Administration: Administered by the Panama Conciliation and Arbitration Centre (CECAP) in accordance with its procedural rules.

  • Arbitrators: The number of arbitrators shall be three.

  • Seat: The seat, or legal place, of arbitration shall be Panama City, Republic of Panama.

  • Language: The language to be used in the arbitral proceedings shall be English.

  • Finality: The arbitral award shall be final and binding for the Parties.

  • FORCE MAJEURE AND NETWORK DEPENDENCIES

  • Extraordinary Circumstances: Company shall not be liable for compensating inadequate performance of any obligations set forth in these Terms, caused by force majeure circumstances.

  • Event of Default: Force majeure circumstances include, but are not limited to, acts of God, natural or industrial disasters, acts of terrorism, power supply failures, civil disorders, military operations, equipment shutdowns, and/or other similar situations that cannot be reasonably foreseen or prevented.

  • CLASS ACTION WAIVER; WAIVER OF JURY TRIAL

THE USER AND COMPANY AGREE TO LITIGATE SOLELY ON AN INDIVIDUAL BASIS, AND THAT THESE TERMS OF USE DO NOT PERMIT CLASS ACTION LITIGATION, OR ANY CLAIMS BROUGHT AS A PLAINTIFF OR CLASS MEMBER IN ANY CLASS OR REPRESENTATIVE PROCEEDING. THE COURT MAY NOT CONSOLIDATE MORE THAN ONE PERSON’S CLAIMS, AND MAY NOT OTHERWISE PRESIDE OVER ANY FORM OF A CLASS OR REPRESENTATIVE PROCEEDING.

TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, THE USERS HEREBY UNCONDITIONALLY, IRREVOCABLY, AND EXPRESSLY WAIVE ANY RIGHT TO A TRIAL BY JURY IN ANY ACTION, SUIT OR PROCEEDING ARISING IN CONNECTION WITH THE SERVICES OR THESE TERMS OF USE.

  • LIMITATION ON TIME TO FILE CLAIMS

ANY CLAIM OR CAUSE OF ACTION THE USER MAY HAVE AGAINST ANY COMPANY OR PERSON ARISING OUT OF OR RELATING TO THESE TERMS OF USE OR THE SERVICES MUST BE COMMENCED WITHIN ONE (1) YEAR AFTER THE CAUSE OF ACTION ACCRUES, OTHERWISE, SUCH CAUSE OF ACTION OR CLAIM IS PERMANENTLY BARRED.

  • GENERAL PROVISIONS

  • Entire Agreement: These Terms constitute the entire agreement between the User and Company regarding the use of the Services and Platform, superseding any prior agreements between the User and Company relating to the use of the Services.

  • Severability: If any provision of these Terms is found to be unenforceable or invalid, that provision will be limited or eliminated to the minimum extent necessary so that these Terms will otherwise remain in full force and effect.

  • Waiver: Company’s failure to enforce any right or provision of these Terms will not be considered a waiver of such right or provision.

  • Assignment: ‍These Terms, and any rights and licenses granted hereunder, may not be transferred or assigned by the User, but may be assigned by Company without restriction.

  • NOTICES AND CONTACT INFORMATION

  • Any notices or other communications provided by Company under these Terms, including those regarding modifications to these Terms, will be posted online or through other electronic communication. The User agrees and consents to receive electronically all communications, agreements, documents, notices, and disclosures that the Company provides in connection with the Platform.

  • In case the User has any queries regarding these Terms, then feel free to reach out to the Company at team@legend.trade