Last Revised: August 26, 2026
These Terms and Conditions govern your use of the CrowdCent platform, including your participation in the CrowdCent Challenge, open data science competitions operated by CrowdCent, and the optional Trading Services described in Section 12. By accessing our platform or participating in the Challenge, you accept these Terms and Conditions in full. Do not continue to use CrowdCent's platform if you do not accept all terms stated on this page.
The following terminology applies throughout these Terms:
Participation in the Challenge is open to individuals who are at least eighteen (18) years of age and possess either:
CrowdCent reserves the right to verify your eligibility and to disqualify you if we reasonably believe you do not meet these requirements. Participation is void where prohibited by law.
By participating in the Challenge, you represent and warrant that:
You agree to promptly notify CrowdCent in writing if any of these representations becomes inaccurate. CrowdCent reserves the right to request additional information to verify compliance with these requirements.
3.1 Dataset Rights: All data provided by CrowdCent for use in the Challenge remains the sole property of CrowdCent or its data providers. You are granted a limited, non-exclusive license to use the Dataset solely for participating in the Challenge.
3.2 Prediction Rights: You retain ownership of the underlying methodology, algorithms, and code you use to generate your predictions. By submitting Prediction Files to the Challenge, you grant CrowdCent a worldwide, non-exclusive, royalty-free, perpetual, irrevocable, transferable license to:
You hereby waive any moral rights or similar rights you may have in your Prediction Files to the extent permitted by applicable law.
3.3 Restrictions: You must not:
You represent and warrant that:
For clarity, "material non-public information" means information that (1) is not generally available to the public, and (2) a reasonable investor would likely consider important in making an investment decision about a security or would view as having significantly altered the total mix of information available about a security.
When you post submissions, comments, analyses, or other content ("Contributions"), you represent and warrant that:
CrowdCent reserves the right to monitor all Contributions and remove any that violate these Terms.
5.1 Evaluation: Prediction Files will be evaluated based on metrics in predicting real-world market outcomes using metrics defined by CrowdCent. Evaluation methodologies may change throughout the Challenge to maintain fairness and relevance and may differ between competitions.
5.2 Rewards and Points: Top-performing submissions may be eligible for rewards as determined by CrowdCent. Reward structures will be published on the platform and may change over time. CrowdCent does not guarantee any specific reward amount or that rewards will be offered in all cases.
CrowdCent reserves the right to modify, suspend, or cancel the points system, scoring rules, and reward structures at any time without prior notice. This includes the right to adjust point values, multipliers, or formulas, and to remove points from users at our sole discretion. Points have no monetary value and do not constitute property of the user.
5.3 Aggregation: CrowdCent may combine top-performing predictions into a single aggregated prediction set for capital allocation. Inclusion in this aggregation does not guarantee any additional compensation beyond specified rewards.
5.4.1 Single Account Policy: Each participant may maintain only one account on the platform. Creating or operating multiple accounts is strictly prohibited and constitutes a violation of these Terms.
5.4.2 Prohibited Activities: The following activities are expressly prohibited and will be considered manipulation of the Challenge:
5.4.3 Investigation and Enforcement: CrowdCent maintains sole discretion to:
5.4.4 Remedial Actions: If CrowdCent determines, in its sole discretion, that a participant has violated these Terms regarding account integrity or competition manipulation, we may take one or more of the following actions without prior notice:
CrowdCent's decisions regarding suspected manipulation or violations are final and not subject to appeal. By participating in the Challenge, you acknowledge and consent to CrowdCent's authority to make these determinations and take these actions at its sole discretion.
6.1 Not an Investment Contract: Your participation in the Challenge does not establish an investment contract between you and CrowdCent. Any rewards or compensation provided do not constitute an investment return or profit sharing arrangement.
6.2 Not a Security: Any digital tokens, cryptocurrencies, or other rewards offered through the Challenge are not intended to be securities under applicable securities laws. They do not represent ownership interest in CrowdCent, voting rights, or rights to dividends or profits.
6.3 Not Investment Advice: The Challenge, its datasets, models, predictions, and any other content available on the platform do not constitute investment advice, financial advice, or trading recommendations. You should consult with qualified professionals before making any investment decisions.
6.4 Financial Services Disclaimer: CrowdCent is not registered as an investment adviser, broker-dealer, commodity trading advisor, or other regulated financial entity with the U.S. Securities and Exchange Commission, the Commodity Futures Trading Commission, the Financial Industry Regulatory Authority, or other regulatory bodies. The Challenge is designed as a research and predictive modeling competition. This section describes CrowdCent's registration status factually and is not a representation about how any particular activity is or should be classified under applicable law.
6.5 Trading Services: CrowdCent offers optional software that can rebalance a user's own Hyperliquid account toward a target portfolio the user configures. The Trading Services are governed by Section 12 of these Terms, which contains important risk disclosures, fee disclosures, eligibility restrictions, and limitations of liability, and which you must accept separately before any live trading is enabled. Participation in the Challenge does not enable, and does not require, use of the Trading Services.
7.1 Investment Advice: The Challenge and all content on the CrowdCent platform do not constitute investment, legal, tax, or other professional advice. You should consult your own advisers before making any investment decisions.
7.2 Performance: Historic performance of predictions in the Challenge is not indicative of future results and should not be relied upon when making investment decisions.
7.3 Limitation of Liability: To the maximum extent permitted by law, CrowdCent shall not be liable for any direct, indirect, incidental, special, consequential, or exemplary damages resulting from your participation in the Challenge or use of the platform.
CrowdCent shall not be liable for any failure or delay in performance due to circumstances beyond its reasonable control, including but not limited to:
9.1 Mandatory Arbitration: Any dispute arising from or relating to these Terms or your participation in the Challenge shall be resolved exclusively through final and binding arbitration administered by the American Arbitration Association in accordance with its Commercial Arbitration Rules.
9.2 Arbitration Location: The arbitration shall take place in Greenwich, Connecticut, or at another location mutually agreed upon by you and CrowdCent. The arbitration may be conducted remotely at the arbitrator's discretion.
9.3 Class Action Waiver: You and CrowdCent agree that any arbitration shall be conducted on an individual basis and not as a class, consolidated, or representative action. If this provision is found unenforceable, the entire arbitration agreement shall be null and void.
9.4 Governing Law: These Terms and any disputes arising from them shall be governed by the laws of the State of Connecticut, without regard to conflict of law principles.
9.5 Attorneys' Fees: The prevailing party in any arbitration or legal proceeding related to these Terms shall be entitled to recover its reasonable attorneys' fees and costs.
CrowdCent reserves the right to modify these Terms at any time without prior notice. Revised Terms will be posted on the platform with the date of last revision. Your continued participation in the Challenge after any such changes constitutes your acceptance of the new Terms.
If any provision of these Terms is found to be invalid, illegal, or unenforceable, the remaining provisions shall continue in full force and effect to the maximum extent permitted by law. The invalid provision shall be replaced by a valid provision that most closely reflects the intent of the original provision.
This section governs your use of CrowdCent's live trading features (the "Trading Services"). You accept this section by explicitly confirming acceptance of the version shown below during trading onboarding; the version you accepted is recorded with your trading account. Do not use the Trading Services if you do not agree to everything in this section.
Trading Services version: 2026-08-26
12.1.1 Software, non-custodial. When you authorize the Trading Services, CrowdCent's systems place orders on your own account at Hyperliquid, a third-party trading venue, to move your positions toward a target portfolio derived from configuration you choose (your "Mandate"). CrowdCent is a software provider: it does not hold your funds, does not pool your assets with anyone else's, and does not exercise judgment about whether trading is suitable for you. It is your responsibility to ensure that you are eligible to trade and that you are compliant with all applicable laws and regulations.
12.1.2 The agent key. To enable trading you sign a message with your own wallet approving a trading "agent key" that CrowdCent generates and holds in encrypted form. By Hyperliquid's design, an agent key can sign trading actions on your account — placing and canceling orders is real trading authority — but it cannot withdraw or transfer funds; withdrawals require your own wallet's signature, which CrowdCent never has and never asks for. Your assets remain in your own Hyperliquid account at all times.
12.1.3 Agent key lifetime. Hyperliquid limits agent-key validity; CrowdCent requests approvals of at most 180 days. When your agent approval expires, CrowdCent-initiated trading stops until you re-approve. Each approval creates a fresh agent key; keys are never reused.
12.2.1 You authorize trading in advance. By creating a Mandate with a schedule, you instruct CrowdCent to execute rebalances automatically and repeatedly, without asking you before each trade, until you pause the Mandate, pause or disable trading access, decline to accept a changed version of these Terms, or the agent approval expires. Scheduled execution runs in the background on the basis of your prior authorization; it does not depend on you being present, connected, or reachable.
12.2.2 Execution mechanics. CrowdCent determines the mechanics of execution (order types, slicing, timing within your schedule, and venue interactions) within the settings you configure. CrowdCent applies server-side safeguards, including a maximum gross leverage limit, a minimum order size, and data-freshness checks that can hold a scheduled run. These safeguards are operational controls, not guarantees, and may change.
12.2.3 No guarantee of execution. CrowdCent does not promise that any rebalance will occur, complete, or complete at any particular price or time. Runs can be skipped, delayed, partially completed, or held because of stale data, venue conditions, connectivity, safeguards, maintenance, or errors. You are responsible for monitoring your account.
12.2.4 Previews versus live execution. Live executions you trigger manually (on the site or over the API) require a fresh preview. The preview is evidence of your instruction, not a quote: final orders are computed at execution time from live account and market state and may differ from the preview.
12.3.1 Builder fee. CrowdCent may receive a fee on each filled order placed through the Trading Services, charged through Hyperliquid's builder-code system and deducted at the venue as part of trade settlement. Before any such fee can be charged, you sign a separate approval that sets the maximum fee rate (0.05% of filled notional). The rate currently charged is 0.01% of filled notional per fill; it can change within the maximum you approved, and it will never exceed that maximum without a new signature from you. This fee is compensation CrowdCent receives in connection with your trading, which is a conflict of interest you should understand: CrowdCent earns it when your account trades. You can decline the fee approval, in which case live rebalancing is disabled but previews and risk-reducing actions still work.
12.3.2 Venue costs are yours. Hyperliquid's own trading fees, funding payments, spreads, and slippage apply to your account and are not set, collected, or controlled by CrowdCent.
12.4.1 Independence. Hyperliquid is an independent third-party venue. CrowdCent is not affiliated with, endorsed by, or an agent of Hyperliquid, and does not control the venue's operation, uptime, pricing, liquidations, or rules. Your use of Hyperliquid — including through the Trading Services — is subject to the Hyperliquid Terms of Use, which you are responsible for reading and complying with.
12.4.2 Venue restrictions. As of the Last Revised date above, the Hyperliquid Terms of Use restrict access by "Restricted Persons," including persons who reside in, are located in, or are incorporated in the United States of America or Ontario, Canada; persons in jurisdictions subject to economic sanctions or export controls; and citizens of restricted territories regardless of where they are located. Hyperliquid may change its restrictions at any time; the venue's current terms control. If you are a Restricted Person under the Hyperliquid Terms, you must not use the Trading Services.
12.4.3 Venue events. If Hyperliquid changes its rules, halts trading, delists an asset, liquidates your positions, or becomes unavailable, CrowdCent is not responsible for the consequences to your account.
12.5.1 You must be at least 18, hold your own compatible wallet, and meet the eligibility requirements of these Terms, including the sanctions representations in Section 2.1, which apply to the Trading Services.
12.5.2 You represent that you are not a Restricted Person under the Hyperliquid Terms of Use and that using the Trading Services is lawful where you are located and where you are resident or a citizen. You agree not to use a VPN, proxy, or any other method to misrepresent your location to CrowdCent or to Hyperliquid.
12.5.3 How CrowdCent's region check works. When you attempt an action that adds trading risk, CrowdCent evaluates the country — and, where the network edge reports one, the first-level region (state or province) — of your current connection. If your location is restricted or cannot be determined, the action is refused. Restricted locations include the United States, jurisdictions subject to comprehensive sanctions, sub-country regions restricted by the venue or by sanctions (such as Ontario, Canada and the occupied regions of Ukraine), connections whose location cannot be determined, and anonymizing networks such as Tor. If your country is restricted only at region level and your region cannot be determined, the action is refused. This check (a) evaluates the current request only and is not stored as a location history by the application; (b) is a screening measure, not a determination that you are eligible. Passing the check does not make you eligible if you are in fact a Restricted Person or if trading is unlawful for you.
12.5.4 Risk-reducing actions stay available. Pausing a Mandate or trading access, disabling CrowdCent trading, removing a strategy sleeve, canceling orders, and closing (flattening) positions are not restricted by the region check.
12.5.5 Scheduled execution and relocation. Scheduled execution runs on your prior authorization and is not re-evaluated against your live location on every run. If you relocate to, or become subject to the laws of, a restricted region, you must pause or disable trading yourself; the region check will prevent you from re-enabling trading from that region but does not retroactively stop what you previously authorized.
12.6.1 Leveraged perpetual futures are among the highest-risk instruments available. You can lose the entire balance of your trading account, quickly. Leverage amplifies losses; adverse moves can trigger liquidation of your positions by the venue at prices and times you do not choose, without notice. Funding payments can be a persistent cost. Digital-asset markets are extremely volatile and can move violently at any hour.
12.6.2 Automation adds risks of its own: software defects; incorrect, delayed, or stale data; missed, delayed, partial, or duplicated rebalances; network or venue outages; and failures of the safeguards described in Section 12.2. An automated system can hold or grow a losing position while you are asleep.
12.6.3 Model risk. The meta-model and any strategy configuration are statistical artifacts built from historical data. They can be wrong, can stop working, and are not adjusted to your circumstances. Simulated, backtested, and historical performance shown anywhere on the CrowdCent platform is hypothetical and does not predict live results. Live results will differ from simulation because of fees, funding, slippage, liquidity, timing, and market impact, among other reasons.
12.6.4 Trade only with funds you can afford to lose entirely.
12.7.1 Nothing in the Trading Services — including the meta-model, simulator outputs, default settings, previews, or any communication from CrowdCent — is investment, financial, legal, or tax advice, or a recommendation that any trade or strategy is suitable for you. Choosing a Mandate configuration and schedule is your decision alone.
12.7.2 No advisory, fiduciary, brokerage, or agency relationship is created between you and CrowdCent by these Terms or your use of the Trading Services. CrowdCent is not registered as an investment adviser, broker-dealer, commodity trading advisor, or other regulated financial entity with the U.S. Securities and Exchange Commission, the Commodity Futures Trading Commission, the Financial Industry Regulatory Authority, or other regulatory bodies. You are responsible for evaluating, with your own advisers, whether using the Trading Services is appropriate and lawful for you.
12.8.1 CrowdCent may suspend, limit, or terminate the Trading Services, your access to them, or any feature, at any time, with or without notice, including for suspected violation of these Terms, suspected compromise, legal or regulatory reasons, or operational incidents.
12.8.2 Incident behavior you must understand: during a security or operational incident, CrowdCent may disable all venue actions through its systems — including cancels and position-closing. In that state, your open positions and working orders remain live at Hyperliquid, and you must manage them directly at the venue with your own wallet. Your ability to act directly on your own account at Hyperliquid never depends on CrowdCent.
12.8.3 Suspension or termination of the Trading Services does not close your positions. Unless CrowdCent expressly confirms it is flattening your account as part of an action you requested, your positions remain open and are your responsibility.
12.9.1 Pause (a Mandate or trading access): CrowdCent stops initiating new trading for the paused scope. Orders already working at the venue are not canceled by a pause.
12.9.2 Disable CrowdCent trading ("Revoke" on the site): CrowdCent stops initiating all trading for the account and disables its schedules. This does not cancel orders already working at the venue (use Cancel all first if you want them gone), and it does not revoke the on-chain agent approval at Hyperliquid.
12.9.3 Revoking the on-chain approval: the agent approval expires automatically no later than 180 days after signature. To revoke it sooner, use Hyperliquid's own interface with your master wallet.
12.9.4 Flatten: closes positions from live venue state using aggressive orders; completion and price are not guaranteed, and residual positions can remain in adverse conditions.
You are solely responsible for:
12.11.1 Trading endpoints of the CrowdCent API are part of the Trading Services and are governed by this section. Live execution requires an API key you have explicitly enabled for trading; you are responsible for every action taken with your keys, including by software agents you run or authorize.
12.11.2 Rate limits and server-side safeguards apply to API trading exactly as to the web interface, and risk-adding API actions are subject to the same region screening and terms acceptance checks. Risk-reducing endpoints are intentionally available regardless.
12.11.3 Revoking an API key removes that key's access but does not stop scheduled trading, which runs from your Mandate, not from any API key. To stop trading, pause or disable it on the Trading tab.
12.11.4 You may not use the API to circumvent any restriction in these Terms, resell the Trading Services, or trade accounts you do not own.
The Privacy Policy describes the data the Trading Services process, including wallet addresses, the encrypted agent key, Mandate configuration, order and run records, fee records, your recorded acceptance of these Terms, and the request-time country and region evaluation. CrowdCent retains trading records as evidence of authorization and for audit, dispute-resolution, and legal-compliance purposes, as described there. Trading activity associated with your wallet addresses on Hyperliquid is public by the nature of that system and cannot be deleted by CrowdCent.
12.13.1 THE TRADING SERVICES ARE PROVIDED "AS IS" AND "AS AVAILABLE," WITHOUT WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, ACCURACY, AND NON-INFRINGEMENT. CROWDCENT DOES NOT WARRANT UNINTERRUPTED, TIMELY, SECURE, OR ERROR-FREE OPERATION.
12.13.2 TO THE MAXIMUM EXTENT PERMITTED BY LAW, CROWDCENT SHALL NOT BE LIABLE FOR ANY TRADING LOSSES, LOST PROFITS, LIQUIDATIONS, MISSED OR ERRONEOUS EXECUTIONS, OR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR EXEMPLARY DAMAGES ARISING FROM OR RELATING TO THE TRADING SERVICES, EVEN IF ADVISED OF THE POSSIBILITY.
12.13.3 You agree to indemnify and hold harmless CrowdCent and its affiliates from claims, losses, and expenses (including reasonable attorneys' fees) arising from your use of the Trading Services, your violation of these Terms or of the Hyperliquid Terms of Use, or your violation of applicable law.
12.13.4 Section 9 (Dispute Resolution) of these Terms, including mandatory individual arbitration, the class-action waiver, and governing law, and the Force Majeure and Severability sections, apply to any dispute arising from or relating to the Trading Services.
CrowdCent may revise this Trading Services section. Each version is identified by the version string above, and the version you accepted is recorded with your trading account. If the current version differs from the one you accepted, actions that add or resume trading risk — enabling trading, approving the builder fee, resuming access, creating or modifying a Mandate, resuming a paused Mandate, executing live rebalances, and scheduled rebalance execution — are blocked until you accept the current version. Risk-reducing actions never require reacceptance.
By participating in the CrowdCent Challenge, you acknowledge that you have read, understood, and agree to be bound by these Terms and Conditions.