Legal

TERMS AND CONDITIONS

CrowdCent Platform Last Revised: September 25, 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, the optional Trading Services described in Section 12, and CrowdCent Cloud, including Centaur, described in Section 13. 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.

1. DEFINITIONS

The following terminology applies throughout these Terms:

"CrowdCent," "We," "Our," and "Us" refers to CrowdCent, 177 West Putnam Avenue, Greenwich, CT 06831, United States, and its affiliates.
"Participant," "You," and "Your" refers to any individual or entity participating in the Challenge.
"Challenge" refers to the CrowdCent Challenge data science competition.
"Prediction Files" refers to the CSV or Parquet files containing prediction data that you submit to the Challenge.
"Dataset" refers to any data provided by CrowdCent or its partner community for use in the Challenge.
"Submission" refers to any Prediction Files entered into the Challenge by a Participant.
"Trading Services" refers to CrowdCent's optional live trading features, governed by Section 12 below.
"Cloud Services" refers to CrowdCent Cloud, including Centaur, governed by Section 13 below.

2. ELIGIBILITY

Participation in the Challenge is open to individuals who are at least eighteen (18) years of age and possess either:

Sophisticated knowledge of investment markets and data science methodologies;
Professional experience in quantitative finance, data science, or machine learning; or
Employment as a compliance or legal professional by qualified financial institutions or investment firms.

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.

2.1 SANCTIONS AND COMPLIANCE

By using any part of the platform, including the Challenge, the Trading Services, and the Cloud Services (including Centaur), you represent and warrant that:

Neither you nor any entity you represent is included on any sanctions lists maintained by the United States, United Nations, European Union, United Kingdom, or any other applicable jurisdiction;
You are not a citizen or resident of, and your participation is not occurring from, any jurisdiction subject to comprehensive sanctions;
Your participation in the Challenge does not violate any applicable anti-money laundering laws or regulations;
Any funds used in connection with the Challenge or deposited in any account used with the Trading Services are derived from legitimate sources and not from illegal activities;
You are not located in, organized under the laws of, or ordinarily resident in Cuba, Iran, North Korea, Syria, the Crimea, Donetsk or Luhansk regions of Ukraine, Russia or Belarus, and you are not a person with whom U.S. persons are prohibited from dealing under U.S. sanctions or export control laws.

These representations apply to every part of the platform, including the Challenge, the Trading Services and the Cloud Services, and are repeated each time you start a run or session, use Centaur, submit a Prediction File, or purchase credits.

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. INTELLECTUAL PROPERTY

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:

Use, reproduce, distribute, prepare derivative works of, display, and perform your prediction data in any format or medium now known or later developed;
Analyze, evaluate, combine, and incorporate your predictions into CrowdCent's investment strategies, models, and services;
Publish aggregate performance metrics relating to your submissions;
Apply your prediction insights to guide actual capital allocation;
Use your submission for any commercial or non-commercial purpose without additional compensation to you.

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:

Redistribute the Dataset outside of the Challenge;
Use the Dataset for any purpose other than participating in the Challenge;
Attempt to re-identify any anonymized individuals within the Dataset; or
Submit predictions generated using third-party proprietary algorithms or data without appropriate permissions.

3.4 NON-PUBLIC INFORMATION

You represent and warrant that:

Your submissions do not contain or incorporate any material non-public information (MNPI) that you have a duty to keep confidential;
You have not based your modeling or predictions on any MNPI;
You have not violated any insider trading laws or regulations in your participation in the Challenge.

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.

4. USER CONTRIBUTIONS

When you post submissions, comments, analyses, or other content ("Contributions"), you represent and warrant that:

You own or have secured all necessary rights to your Contributions;
Your Contributions do not violate any intellectual property rights;
Your Contributions do not contain material that is defamatory, offensive, or unlawful; and
Your Contributions will not be used to solicit business or promote commercial activities unrelated to the Challenge.

CrowdCent reserves the right to monitor all Contributions and remove any that violate these Terms.

5. CROWDCENT CHALLENGE STRUCTURE

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 ACCOUNT INTEGRITY AND COMPETITION MANIPULATION

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:

Creating multiple accounts to increase chances of winning or to circumvent submission limits
Collusion between participants to manipulate scoring or rankings
Deliberate submission of low-quality predictions to disrupt evaluation metrics
Exploitation of technical vulnerabilities or bugs in the platform, other than security research authorised under Section 14.4
Use of automated bots or scripts for account creation or submissions
Sharing accounts, credentials, or API keys with other individuals
Any attempt to artificially manipulate leaderboard positions or evaluation metrics
Any action that undermines the fairness or integrity of the Challenge

5.4.3 Investigation and Enforcement: CrowdCent maintains sole discretion to:

Monitor accounts for suspicious activity or violations of platform integrity
Investigate suspected violations using any means available, including IP address verification, submission pattern analysis, and account activity review
Request additional verification from participants, including identity documentation if deemed necessary
Take appropriate action against any account or submission suspected of violating these Terms

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:

Remove or invalidate any or all submissions associated with the violation
Disqualify participants from current and/or future Challenges
Terminate or suspend account access temporarily or permanently
Revoke eligibility for any rewards, points, or other forms of compensation
Require the return of any rewards, points, or other forms of compensation already provided
Ban associated IP addresses, devices, or other identifiers from accessing the platform
Take any other action deemed appropriate to maintain the integrity of the Challenge

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. REGULATORY DISCLAIMERS

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. DISCLAIMERS AND LIMITATIONS

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.

8. FORCE MAJEURE

CrowdCent shall not be liable for any failure or delay in performance due to circumstances beyond its reasonable control, including but not limited to:

Acts of God, natural disasters, or severe weather events;
Epidemics, pandemics, or public health emergencies;
War, terrorism, civil unrest, or governmental actions;
Cyberattacks, system outages, or telecommunications failures;
Changes to protocols, failures, or security issues affecting any blockchain or distributed ledger technology;
Changes in financial markets or unexpected market volatility;
Changes in regulatory frameworks or legal requirements.

9. DISPUTE RESOLUTION

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 Pre-Arbitration Notice: Before commencing arbitration, you agree to notify CrowdCent in writing of the dispute so that the parties can attempt in good faith to resolve it informally. Notice must be sent by email to [email protected] and must include: (1) your name and email address; (2) a description of the nature or basis of the dispute; and (3) the specific resolution you are seeking. If the dispute is not resolved informally within thirty (30) days of receipt of notice, either party may commence arbitration.

9.4 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.

9.5 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.

9.6 Arbitrator Authority: The arbitrator shall have exclusive authority to resolve all procedural and substantive disputes, including any question regarding the existence, scope, or validity of the arbitration agreement. The arbitrator may grant any remedy that would otherwise be available in court but may not consolidate claims, preside over a representative proceeding, or adjudicate claims on behalf of any party other than the individual claimant.

9.7 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.

10. MODIFICATIONS TO TERMS

CrowdCent may modify these Terms. We will give at least 30 days' notice by email of any material change, and will post the revised Terms with the date of last revision. A change does not apply to a dispute of which either party had notice before the change took effect. If you do not agree to a change, you may close your account before it takes effect, and Section 13.6.6 applies to your purchased credits. Your continued use of the platform after a change takes effect constitutes acceptance of the revised Terms.

11. SEVERABILITY

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.

12. TRADING SERVICES

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: 2026-08-31

12.1 WHAT THE TRADING SERVICES ARE

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 AUTOMATED AND SCHEDULED EXECUTION

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 FEES

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 THE VENUE

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 August 31, 2026, 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 ELIGIBILITY AND GEOGRAPHIC RESTRICTIONS

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.

12.5.6 Sophistication. By using the Trading Services you represent and warrant that you are financially and technically sophisticated enough to understand the inherent risks of leveraged perpetual futures trading, automated execution, digital-asset custody, and blockchain-based systems, and that you have evaluated those risks independently.

12.6 RISK DISCLOSURE

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 NO ADVICE; NO FIDUCIARY RELATIONSHIP

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. To the fullest extent permitted by law, to the extent any fiduciary duties or liabilities may exist at law or in equity as a consequence of CrowdCent's role in the Trading Services, you hereby irrevocably disclaim, waive, and eliminate such duties and liabilities. You acknowledge and agree that the only duties and obligations CrowdCent owes you with respect to the Trading Services are those set out expressly in these Terms. 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 SUSPENSION, INCIDENTS, AND TERMINATION

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 STOPPING AND REVOKING

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.

12.10 YOUR RESPONSIBILITIES

You are solely responsible for:

The security of your own wallet and its keys;
The security of your CrowdCent account and any API keys, including any key with trading enabled — all activity under your credentials is attributed to you;
Funding and monitoring your Hyperliquid account, including margin adequacy;
Your Mandate configuration and its consequences;
Your eligibility and legal compliance in every relevant jurisdiction;
Reading and complying with the Hyperliquid Terms of Use;
All taxes arising from your trading — CrowdCent provides no tax advice, reporting, or withholding;
Ensuring only one CrowdCent user controls any given trading wallet.

12.11 PROHIBITED TRADING ACTIVITIES

In addition to the prohibited activities in Section 5.4, you agree not to use the Trading Services to engage in, facilitate, or attempt any of the following:

Market manipulation, including wash trading, spoofing, layering, or any coordinated activity intended to distort prices, volumes, or liquidation mechanisms on Hyperliquid or any related market;
Misuse of material non-public, confidential, privileged, or proprietary information to inform trading decisions executed through the Trading Services;
Exploitation of any bug, vulnerability, oracle error, or unintended behavior in Hyperliquid, the Trading Services software, or any related protocol or system, other than security research on the Trading Services software authorised under Section 14.4;
Deliberate manipulation of leverage, margin, or liquidation processes, including coordinated efforts to trigger liquidations or distort protocol pricing;
Money laundering, terrorism financing, sanctions evasion, or any other activity prohibited by applicable financial-crime laws;
Using the Trading Services on behalf of, or for the benefit of, any third party, or reselling access to the Trading Services;
Circumventing rate limits, safeguards, geographic restrictions, or any other operational control imposed by the Trading Services;
Any other activity that violates applicable law or the Hyperliquid Terms of Use.

Engaging in any prohibited trading activity, whether intentional or inadvertent, triggers the indemnity obligations in Section 12.14 and may result in immediate suspension or termination of your access to the Trading Services.

12.12 API AND PROGRAMMATIC ACCESS

12.12.1 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.

12.12.2 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.

12.12.3 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.

12.12.4 You may not use the API to circumvent any restriction in these Terms, resell the Trading Services, or trade accounts you do not own.

12.13 PRIVACY AND RECORDS

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.

12.14 TRADING DISCLAIMERS; LIABILITY; RELEASE; INDEMNITY

12.14.1 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.

12.14.2 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.

12.14.3 Liability cap. TO THE MAXIMUM EXTENT PERMITTED BY LAW, AND WITHOUT LIMITING SECTION 12.14.2, CROWDCENT'S AGGREGATE LIABILITY TO YOU FOR ALL CLAIMS ARISING FROM OR RELATING TO THE TRADING SERVICES, REGARDLESS OF THE FORM OF ACTION OR THEORY OF LIABILITY, SHALL NOT EXCEED THE GREATER OF (A) THE TOTAL BUILDER FEES ACTUALLY PAID BY YOU TO CROWDCENT DURING THE TWELVE (12) MONTHS IMMEDIATELY PRECEDING THE EVENT GIVING RISE TO THE CLAIM, OR (B) ONE HUNDRED U.S. DOLLARS (US $100). THIS LIMITATION APPLIES EVEN IF ANY LIMITED REMEDY FAILS OF ITS ESSENTIAL PURPOSE.

12.14.4 Release of claims. To the fullest extent permitted by applicable law, you expressly waive and release CrowdCent and its officers, directors, employees, contractors, agents, affiliates, and subsidiaries (collectively, the "Released Parties") from any and all liability, claims, causes of action, or damages arising from or relating to: (a) your use of the Trading Services, including any errors, delays, missed or erroneous executions, or interruptions; (b) any trading losses, liquidation events, or other financial impact resulting from activity on your account through the Trading Services; (c) any reliance on data, previews, simulator outputs, meta-model signals, or information displayed by the Trading Services, which may be inaccurate, delayed, or incomplete; (d) actions or failures of Hyperliquid, its validators, oracles, bridges, or any third-party service; (e) any regulatory, tax, or legal consequences arising from your use of the Trading Services; and (f) the conduct of other users or third parties on Hyperliquid, including market manipulation, fraud, or misuse of information.

12.14.5 Indemnity. You agree to defend, indemnify, and hold harmless CrowdCent and its officers, directors, employees, contractors, agents, affiliates, and subsidiaries from and against any and all claims, damages, obligations, losses, liabilities, costs, and expenses (including reasonable attorneys' fees) arising from or relating to: (a) your use of the Trading Services; (b) trading activity on any account accessed through your credentials or wallet, whether or not authorized by you; (c) your violation of these Terms, the Hyperliquid Terms of Use, or any applicable law; (d) your participation in any prohibited activity described in Sections 5.4 or 12.11; (e) any third party's use of the Trading Services through any device, account, wallet, or API key you own or control; and (f) any false, misleading, or fraudulent representation made by you in connection with the Trading Services. CrowdCent reserves the right to assume exclusive control of the defense or settlement of any indemnified matter at your expense. You agree not to settle any such matter without CrowdCent's prior written consent and to cooperate fully in any defense.

12.14.6 Section 9 (Dispute Resolution) of these Terms, including the pre-arbitration notice requirement, 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.

12.14.7 Some jurisdictions do not allow the exclusion of certain warranties or the limitation or exclusion of certain liabilities and damages. Accordingly, some of the disclaimers, limitations, and releases in this section may not apply to you in full; in that case they apply to the fullest extent permitted by applicable law.

12.15 GENERAL TRADING PROVISIONS

12.15.1 Irreversibility. Orders submitted to Hyperliquid through the Trading Services may be irreversible once matched or filled. CrowdCent assumes no liability for orders placed in error, at unintended prices, or for unintended sizes, whether caused by user configuration, software behavior, or venue conditions.

12.15.2 Displayed information. Balances, positions, P&L, previews, and other data displayed by the Trading Services are derived from venue and market data that may be delayed, incomplete, or inaccurate. Hyperliquid's on-chain records are the authoritative record of your account state. You should not rely solely on information displayed by the Trading Services when making trading or financial decisions.

12.15.3 Finality of determinations. CrowdCent's determinations regarding the eligibility of any user to access or continue using the Trading Services, including any questions or disputes arising from a user's trading activity or compliance with these Terms, are final and binding.

12.15.4 No reliance. You acknowledge that you have not relied on any statement, representation, or information outside of these Terms — including in documentation, Discord, blog posts, social media, or any communication from CrowdCent personnel — in deciding to use the Trading Services. To the extent any such statement conflicts with these Terms, these Terms control.

12.16 CHANGES AND REACCEPTANCE

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.

13. CROWDCENT CLOUD

This Section 13 governs your use of CrowdCent Cloud (the "Cloud Services"), comprising hosted notebooks, interactive sessions, runs, and schedules through which code you supply is stored and executed on infrastructure provisioned by CrowdCent, together with Centaur as described in Section 13.9.

13.1 DEFINITIONS

13.1.1 "Project Content" means the source code, notebooks, scripts, configuration, data files, and other materials that you upload to or create within a Cloud project, together with the files and reports that your code writes to that project.

13.1.2 "Service Data" means information generated by the operation of the Cloud Services other than the substance of Project Content, including resource consumption metrics, timing, billing records, network connection metadata, run states and exit codes, error reports, and diagnostic output. Service Data may incidentally contain fragments of Project Content, for example a line of code quoted in an error message.

13.1.3 "Subprocessors" means the third-party infrastructure providers identified in the Privacy Policy on whose systems Project Content is stored or executed. Model Providers are not Subprocessors.

13.1.4 "Centaur" means the assistant that CrowdCent makes available within the platform, as described in Section 13.9.

13.1.5 "Model Provider" means a third-party provider of artificial intelligence models that you select for use with Centaur, whether accessed through CrowdCent's own account with that provider or through a provider key that you connect. Content is sent to a Model Provider only at your direction, as described in Section 13.9.

13.2 OWNERSHIP AND LICENCE

13.2.1 Title. As between you and CrowdCent, you retain all right, title, and interest, including all intellectual property rights, in and to your Project Content. Nothing in these Terms transfers ownership of Project Content to CrowdCent.

13.2.2 Licence to CrowdCent. You grant CrowdCent and its Subprocessors a non-exclusive, worldwide, royalty-free licence, for the period during which the relevant Project Content is stored in the Cloud Services and the retention period in Section 13.8, to host, store, reproduce, transmit, execute, and display your Project Content solely to the extent necessary to provide, maintain, secure, and support the Cloud Services, including the creation of backups and the transfer of Project Content between systems.

13.2.3 No other use. Except as permitted by Section 13.2.2, authorised by you under Section 13.5, or directed by you under Section 13.9, CrowdCent will not use Project Content for any other purpose. Without limiting the foregoing, CrowdCent will not use Project Content to train, develop, or improve its own models, strategies, or products, and will not disclose Project Content to any other user of the platform. CrowdCent may use Service Data to operate, secure, bill for, and improve the Cloud Services.

13.2.4 Prediction Files. Section 3.2 continues to apply to any Prediction Files submitted to the Challenge, whether or not they were generated using the Cloud Services. Project Content that is not submitted to the Challenge as a Prediction File is not subject to Section 3.2.

13.2.5 Your representations. You represent and warrant that you own or have obtained all rights necessary to store, execute, publish, and share your Project Content as you direct, and that your Project Content and its execution do not infringe or misappropriate the rights of any third party or violate applicable law. Section 12.14.5 applies to claims arising from your Project Content and your use of the Cloud Services as it applies to the Trading Services.

13.3 CONFIDENTIALITY OF PROJECT CONTENT

13.3.1 Automated processing. Project Content is processed by automated systems to store it, execute it, enforce the isolation, network, and resource controls of the Cloud Services, and detect exposed credentials. Automated processing does not constitute human review.

13.3.2 Restriction on human access. CrowdCent will maintain reasonable technical and organisational measures designed to prevent its personnel from accessing the substance of Project Content, and will not access, view, or review Project Content other than: (a) at your request, for the purpose of providing support, and limited to the Project Content reasonably necessary for that purpose; (b) where CrowdCent has a reasonable, documented basis to believe that Project Content is being used in breach of Section 13.7 or otherwise to compromise the security, integrity, or availability of the Cloud Services, other users, or third parties, and limited to the extent reasonably necessary to investigate and remedy the matter; or (c) where required by applicable law, regulation, subpoena, court order, or other valid legal process.

13.3.3 Service Data and incidental exposure. CrowdCent personnel may review Service Data in the ordinary course of operating the Cloud Services. Where Service Data or a support or security activity under Section 13.3.2 incidentally exposes Project Content, CrowdCent personnel will use that Project Content only for the purpose for which the exposure arose and will not retain it beyond that purpose.

13.3.4 Subprocessors. Subprocessors may access the systems on which Project Content is stored and executed in accordance with their own terms of service and security commitments. CrowdCent selects Subprocessors that maintain industry-standard security certifications and contractual confidentiality obligations.

13.3.5 Legal process. Where CrowdCent receives a request for Project Content under Section 13.3.2(c), CrowdCent will, to the extent legally permitted and reasonably practicable, notify you of the request before disclosure and disclose only the Project Content it reasonably determines is required.

13.3.6 Record of access. CrowdCent will keep a record of each instance of access under Section 13.3.2, stating its date, purpose, and scope.

13.3.7 Disclosure at your direction. Nothing in Section 13.2.3 or this Section 13.3 restricts the transmission of Project Content, Service Data, or other information to a Model Provider when you use Centaur. Such transmission is made at your direction under Section 13.9 and is not access, review, or disclosure by CrowdCent for the purposes of those Sections.

13.4 PERSONAL AND RESTRICTED DATA WITHIN PROJECT CONTENT

13.4.1 Personal data. You shall not upload to or process within the Cloud Services personal data relating to third parties except in compliance with applicable data protection law and with a lawful basis for doing so. To the extent CrowdCent processes personal data contained in Project Content on your behalf, it does so as a processor on your documented instructions, and where applicable law requires a data processing agreement, the parties will enter into one on CrowdCent's then-current terms.

13.4.2 Restricted data. Unless CrowdCent has agreed otherwise in writing, you shall not upload to, store in, or process within the Cloud Services, or send to Centaur: (a) protected health information within the meaning of the U.S. Health Insurance Portability and Accountability Act of 1996 and its implementing regulations; (b) payment card data, including primary account numbers, card verification codes, and magnetic stripe or chip data; (c) government-issued identification numbers, including social security, national insurance, passport, driving licence, and tax identification numbers; (d) special categories of personal data within the meaning of Article 9 of the General Data Protection Regulation (EU) 2016/679 or any equivalent law; or (e) technical data, software, or other information that is listed on the U.S. Commerce Control List under an Export Control Classification Number other than EAR99, controlled under the International Traffic in Arms Regulations, or otherwise requires a licence for export, re-export, or transfer under applicable export control laws. The Cloud Services are not designed to meet the regulatory requirements that apply to such data, and CrowdCent shall have no liability in respect of any such data that you upload, store, process, or send in breach of this Section 13.4.2.

13.5 PUBLICATION AND SHARING

Project Content is not made available to other users unless and until you elect to publish it as a recipe or share a report derived from it. Upon publication you select the licence under which the published material is made available and you represent and warrant that you hold all rights necessary to grant that licence. You may withdraw a publication at any time; copies obtained by other users during the period of publication remain subject to the licence you selected.

13.6 EXECUTION, CREDENTIALS, CREDITS, AND TAXES

13.6.1 Execution environment. Runs and sessions execute on compute resources provisioned by CrowdCent from its Subprocessors, in isolation from other users, with outbound network access restricted to destinations you have designated and CrowdCent has approved. CrowdCent does not warrant that any particular hardware size will be available at any particular time.

13.6.2 Challenge credentials. Where you enable Challenge access for a project, each run of that project is issued a credential of limited duration that permits the download of Challenge data and the submission of Prediction Files on your behalf and confers no other authority. You are responsible for all Prediction Files submitted by your code under such credentials.

13.6.3 Credits. Compute is charged in credits, by the minute, at the rates displayed on the billing page at the time of use; storage in excess of any included allowance, and Centaur requests in excess of any included allowance, are charged in credits as displayed on the billing page. Credits and allowances included with a membership tier or otherwise granted by CrowdCent are provided at CrowdCent's discretion, carry no cash value, and may be modified or withdrawn on notice given under Section 14.3. Purchased credits are non-refundable except as required by applicable law. Where a run fails by reason of a fault in the Cloud Services, the credits consumed by that run are restored.

13.6.4 Rate changes. Because schedules consume credits without your further involvement, CrowdCent will give you at least thirty (30) days' notice, by email to the address associated with your account, before any increase in the rates charged for compute or storage takes effect. A decrease in rates may take effect immediately. Usage is charged at the rates in effect at the time of use. This Section 13.6.4 applies notwithstanding Section 10.

13.6.5 Taxes. Unless stated otherwise at the point of purchase, prices for credits exclude all applicable sales, use, value added, goods and services, and similar taxes. You are responsible for all such taxes arising from your purchase of credits, other than taxes on CrowdCent's net income. Where CrowdCent is required by law to collect any such tax, it may add the tax to the price at the point of purchase, and you shall pay it.

13.6.6 Credits on termination. Purchased credits do not expire while your account remains open; included credits apply to the period for which they are granted, as displayed on the billing page. Credits are personal to you and may not be transferred or sold. If CrowdCent discontinues the Cloud Services, or closes your account or your access to the Cloud Services other than for your breach of these Terms, CrowdCent will refund the unused balance of credits you purchased, to the original payment method where practicable. Unused credits are forfeited, without refund, where your account or access is terminated for your breach of these Terms, and included or granted credits are forfeited in every case. Where you close your account at your request, CrowdCent will refund the unused balance of credits you purchased only where applicable law requires it. A payment reversal or chargeback on a purchase of credits permits CrowdCent to remove the corresponding credits and to suspend access under Section 13.7.2 until the matter is resolved.

13.6.7 Auto-reload. If you turn on auto-reload, you authorize CrowdCent to charge your saved payment method, without further action by you, the amount needed to bring your available credits to the target you set whenever they fall below your threshold, up to any monthly cap you set. We email a receipt for each charge. You can turn auto-reload off at any time on the billing page, effective immediately for future charges.

13.6.8 Right to cancel a purchase. You may cancel any credit purchase within 14 days of the purchase by emailing [email protected], and we will refund the unused portion of the credits from that purchase to the original payment method within 14 days, where practicable. Credits bought with USDC are priced in US dollars and any refund is paid in USDC on Base to the paying wallet at the purchase amount; blockchain payments cannot be reversed by us, and we are not responsible for USDC sent to a wrong address or network.

13.7 ACCEPTABLE USE AND SUSPENSION

13.7.1 Prohibited uses. You shall not use, or attempt to use, the Cloud Services or Centaur to:

(a) mine or otherwise generate cryptocurrency;
(b) attack, probe, scan, or interfere with any system or network;
(c) circumvent the isolation, network, or resource controls of the Cloud Services;
(d) store, process, or transmit content that you do not have the right to store, process, or transmit;
(e) accept inbound network connections from outside the Cloud Services to any compute resource, or operate any compute resource as a proxy, virtual private network, relay, or tunnel for network traffic;
(f) host or serve files, media, websites, or other services, other than in connection with your own research and modelling;
(g) crack, guess, or recover passwords or other authentication credentials, or test credentials against any system, including by credential stuffing;
(h) operate a torrent client or otherwise participate in peer-to-peer file sharing;
(i) resell, sublicense, or otherwise provide the compute resources of the Cloud Services, or the model access included with Centaur through CrowdCent's own provider accounts, to or for the benefit of any third party, or expose or proxy that included model access for use outside Centaur;
(j) create or use more than one account, or act in concert with others, to obtain additional included credits, allowances, or other benefits;
(k) circumvent any suspension, limit, quota, or other enforcement measure applied to you or your account;
(l) upload, store, process, or send any data in breach of Section 13.4.2;
(m) use the Cloud Services or Centaur from, or for the benefit of a person located in, any country or region listed in Section 2.1, or otherwise in violation of U.S. export control or sanctions laws, or from a location where the selected Model Provider does not offer its services;
(n) access any third-party service in breach of its terms, rate limits or access controls, or in a way that causes it to restrict CrowdCent's network addresses;
(o) distribute malware, send unsolicited messages, or store or transmit content that is unlawful to possess; or
(p) otherwise violate applicable law.

Items (b) and (c) do not apply to security research against systems operated by CrowdCent that is authorised under Section 14.4.

13.7.2 Suspension. CrowdCent may terminate a run or session, suspend a schedule, or suspend an account's access to the Cloud Services where it reasonably determines that doing so is necessary to protect the Cloud Services, other users, or third parties, to address a breach of these Terms, or to comply with law, and will notify you of any such action where reasonably practicable. While an account's access is suspended, CrowdCent will keep its schedules paused until it lifts the suspension, and lifting a suspension does not cause runs missed during the suspension to be executed.

13.7.3 Appeal. You may appeal a suspension under Section 13.7.2 by email to [email protected] within fourteen (14) days of the date on which CrowdCent notifies you of it, stating the account concerned and the grounds on which you consider the suspension unwarranted. CrowdCent will review the appeal and respond to you by email. This Section 13.7.3 applies only to actions taken under Section 13.7.2 and does not create a right of appeal from determinations made under Section 5.4.

13.8 DELETION AND RETENTION

13.8.1 Project deletion. Upon deletion of a project, its Project Content is removed from CrowdCent's active systems within a reasonable period. Copies held in backups are retained for up to thirty-five (35) days from the date of deletion and are deleted in the ordinary course of CrowdCent's backup rotation thereafter. Service Data may be retained after deletion of the related Project Content. Material published or shared under Section 13.5 prior to deletion is governed by that Section.

13.8.2 Account termination or closure. Where your account, or your access to the Cloud Services, is terminated by CrowdCent or closed at your request, your Project Content is removed from CrowdCent's active systems within thirty (30) days, and copies held in backups are deleted in accordance with Section 13.8.1. Before that removal, you may request an export of your Project Content by email to [email protected], and CrowdCent will provide one where reasonably practicable, except where providing it would be unlawful or would facilitate a breach of Section 13.7.

13.9 CENTAUR

13.9.1 Nature of Centaur. Centaur is an assistant, powered by artificial intelligence models, that you may choose to turn on within the platform. Centaur acts through the same application programming interface that is available to you, under your account and with your permissions, and cannot take any action that you could not take yourself.

13.9.2 Content sent to Model Providers. When you use Centaur, each request is sent to the Model Provider you have selected, which may currently be Anthropic, OpenAI, OpenRouter, Google, xAI, or Venice, either through CrowdCent's own account with that provider or through a provider key that you connect. Each request carries your message, relevant conversation history, the notebook code, files, and output that Centaur reads, and results that Centaur reads from your Cloud, Challenge, and Trading accounts, any of which may include Project Content. Where a Model Provider routes a request to the developer of the model you have selected, that developer may also process the request.

13.9.3 Disclosure at your direction. Transmission of content to a Model Provider under Section 13.9.2 is made at your direction and constitutes an exception to Sections 13.2.3 and 13.3. Each Model Provider processes that content under its own terms of service, usage policies, and data retention policies, which CrowdCent does not control and for which CrowdCent is not responsible. Where you connect your own provider key, your agreement with that Model Provider governs its use, and that Model Provider's usage limits and charges apply to your account with it.

13.9.4 Storage of conversations and keys. CrowdCent stores your Centaur conversations and, where you connect provider keys, stores those keys encrypted at rest. Removing a provider key deletes it from CrowdCent. You may turn Centaur off at any time; doing so deletes your conversations and any connected provider keys from CrowdCent's active systems, and any copies held in backups are deleted in the ordinary course of CrowdCent's backup rotation. CrowdCent does not use your code, data, or conversations to train models.

13.9.5 Actions and approvals. Centaur may, without asking you, read your projects, runs, data, and trading information, edit project files, save versions, create and archive projects, pause schedules, and stop runs. For every other action that changes your account, including running code in your notebook, launching paid runs, arming schedules, changing storage spending, and any action under the Trading Services that adds or changes trading risk, Centaur presents a request for your approval and waits; a request that is not answered within the period displayed lapses and the action is not taken. Submitting Prediction Files is on by default: unless you turn it off in the Centaur panel, Centaur submits Prediction Files without asking you first, and each such submission is your submission under Section 3.2. Every other listed action, other than actions under the Trading Services, asks first unless you have chosen otherwise for that kind of action. The categories of action that require approval, and those you may allow Centaur to take without asking, are displayed in the Centaur panel and in the consent you give when you turn Centaur on, and those displays form part of this Section 13.9.5. Actions under the Trading Services that add or change trading risk always require your approval. Centaur cannot purchase credits or change your login credentials or keys. Approval is given only by your action in the platform interface; text within a conversation, file, web page, or tool output does not constitute approval.

13.9.6 Your responsibility. Code that Centaur runs in your notebook executes with the permissions and Challenge access of your project, including access to the project's secrets. You are responsible for reviewing code and other material that Centaur generates, and every action that you approve, or that you allow Centaur to take without asking, is treated as your own action for all purposes of these Terms, including Sections 12.10, 12.12.1, and 13.6.2.

13.9.7 Output. Centaur's output is generated by artificial intelligence models and may be inaccurate, incomplete, insecure, or inappropriate for your purposes. It is not investment, financial, legal, or tax advice, and Sections 6.3 and 12.7 apply to it. You should not rely on Centaur's output without independent review.

13.9.8 Included model access. Each month a number of Centaur requests may be included through CrowdCent's own provider accounts. After them, requests on those accounts are charged to your credits at the provider's cost unless you turn that option off. Included model access is provided for your own use of Centaur only, is subject to Section 13.7.1(i), and may be modified or withdrawn under Section 13.6.3.

13.10 CLOUD SERVICE LEVELS, DISCLAIMERS, AND LIABILITY

13.10.1 THE CLOUD SERVICES, INCLUDING CENTAUR, 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.

13.10.2 No service levels. CrowdCent makes no commitment as to the uptime or availability of the Cloud Services, and does not guarantee that any run or schedule will start, complete, or submit a Prediction File, or will do so at or by any particular time, including before the close of any submission window.

13.10.3 Your copies. You are responsible for maintaining your own copies of your Project Content. The Cloud Services are not a backup or archival service.

13.10.4 Excluded losses; sole remedy. TO THE MAXIMUM EXTENT PERMITTED BY LAW, AND EXCEPT TO THE EXTENT CAUSED BY CROWDCENT'S FRAUD, GROSS NEGLIGENCE, OR WILFUL MISCONDUCT, CROWDCENT SHALL NOT BE LIABLE FOR ANY MISSED, LATE, OR FAILED SUBMISSION OF PREDICTION FILES; ANY LOSS OF POINTS, STREAKS, RANKINGS, OR REWARDS; ANY LOSS OR CORRUPTION OF PROJECT CONTENT; OR ANY RELIANCE ON CENTAUR'S OUTPUT, IN EACH CASE ARISING FROM OR RELATING TO THE CLOUD SERVICES. YOUR SOLE AND EXCLUSIVE REMEDY FOR A RUN THAT FAILS BY REASON OF A FAULT IN THE CLOUD SERVICES IS THE RESTORATION OF CREDITS UNDER SECTION 13.6.3.

13.10.5 Liability cap. TO THE MAXIMUM EXTENT PERMITTED BY LAW, AND WITHOUT LIMITING SECTIONS 7.3 AND 13.10.4, AND EXCEPT FOR LIABILITY ARISING FROM CROWDCENT'S FRAUD OR WILFUL MISCONDUCT, CROWDCENT'S AGGREGATE LIABILITY TO YOU FOR ALL CLAIMS ARISING FROM OR RELATING TO THE CLOUD SERVICES, REGARDLESS OF THE FORM OF ACTION OR THEORY OF LIABILITY, SHALL NOT EXCEED THE GREATER OF (A) THE TOTAL AMOUNTS ACTUALLY PAID BY YOU TO CROWDCENT FOR CREDITS DURING THE TWELVE (12) MONTHS IMMEDIATELY PRECEDING THE EVENT GIVING RISE TO THE CLAIM, OR (B) ONE HUNDRED U.S. DOLLARS (US $100). THIS LIMITATION APPLIES EVEN IF ANY LIMITED REMEDY FAILS OF ITS ESSENTIAL PURPOSE.

13.10.6 Relationship to other provisions. Section 7 applies to the Cloud Services. Nothing in this Section 13.10 enlarges any liability excluded by Section 7.3, and the cap in Section 13.10.5 applies to any liability that is not so excluded. Section 12.14.7 applies to this Section 13.10 as it applies to Section 12.14.

14. GENERAL PROVISIONS

14.1 Entire Agreement. These Terms, together with the Privacy Policy and any additional competition- or feature-specific terms published on the platform, constitute the entire agreement between you and CrowdCent regarding the subject matter hereof and supersede all prior or contemporaneous written or oral agreements, communications, representations, and understandings.

14.2 Assignment. You may not assign or transfer any of your rights or obligations under these Terms without CrowdCent's prior written consent, including by operation of law or in connection with any change of control. CrowdCent may assign or transfer any or all of its rights or obligations under these Terms, in whole or in part, with or without notice.

14.3 Notices. CrowdCent may provide notice to you under these Terms by email to the address associated with your account, by posting on the platform, or through other commercially reasonable methods. Notice is effective upon sending or posting. You must send any notice to CrowdCent by email to [email protected].

14.4 Security Research. Security research conducted in good faith and in compliance with the security policy published at https://crowdcent.com/security/, as in effect when the research is conducted (the "Security Policy"), is authorised by CrowdCent and does not breach Sections 5.4, 12.11, or 13.7. CrowdCent will not initiate or recommend legal action against you in respect of such research, and if a third party brings legal action against you in respect of it, CrowdCent will make known that the research was authorised. CrowdCent will not suspend, terminate, or penalise your account or remove your points, streaks, or rewards, in respect of such research. This authorisation extends only to systems operated by CrowdCent; it does not authorise research against systems operated by third parties, including Google Cloud, Hyperliquid, and any Model Provider, and CrowdCent cannot grant authorisation on their behalf. Research that does not comply with the Security Policy is not covered by this Section 14.4.

By participating in the CrowdCent Challenge or using the Trading Services or the Cloud Services, you acknowledge that you have read, understood, and agree to be bound by these Terms and Conditions.