Terms of Service

Draft for counsel review - not yet in force. Last updated: 10 July 2026.

1. What HyperCombos is (and is not)

HyperCombos is software: a routing interface over Hyperliquid HIP-4 outcome markets that composes multi-leg combo (parlay) tickets. HyperCombos is not an exchange, broker, dealer, market-maker, custodian, payment processor, bookmaker, fiduciary, or virtual-asset service provider. Trading authority is deliberately narrow: your main wallet signs only a capped builder-fee approval and a scoped agent-key approval; agent keys can trade but can never withdraw funds (a Hyperliquid protocol property); each ticket runs in its own dedicated exchange account funded with exactly that ticket's stake; and every order must pass a deterministic policy check before it is signed. Ticket accounts are provisioned and secured by the operator while a ticket is open, and proceeds are returned to your wallet when it ends - what that means in the worst case is spelled out in the risk disclosure. HyperCombos is not licensed, registered, or approved by any financial regulator in any jurisdiction.

2. The venue

Orders are executed on Hyperliquid, a decentralized protocol that HyperCombos does not own, operate, or control. HyperCombos is not affiliated with or endorsed by Hyperliquid, and it is not the exclusive means of accessing Hyperliquid. Execution, settlement, halts, outcome determination, and dispute resolution belong to the venue and its validator set, not to us; Hyperliquid's own terms (app.hyperliquid.xyz/terms) disclaim any involvement in the execution, settlement, or resolution of transactions, and its operator may restrict outcome markets in additional jurisdictions at any time. Your use of Hyperliquid through HyperCombos is also subject to Hyperliquid's terms.

3. Eligibility and restricted jurisdictions

You must be at least 18 years old (or the age of majority where you live, if higher) and able to form a binding contract. You must not use HyperCombos if you reside in, are located in, are incorporated in, or are a citizen of a restricted jurisdiction. Mirroring the venue's own restricted list, restricted jurisdictions currently include the United States, Ontario (Canada), Cuba, Iran, North Korea, Syria, and the Crimea, Donetsk, and Luhansk regions of Ukraine, plus any jurisdiction subject to comparable sanctions or export controls. You must not appear on any sanctions list (including OFAC SDN, UN, EU, or UK lists) or act for anyone who does. This list can widen without notice, including when the venue designates additional excluded jurisdictions for outcome markets.

Access from restricted jurisdictions is blocked server-side. Using a VPN, proxy, or any other method to disguise your location or circumvent the block - or helping anyone else do so - is a material breach of these terms, and you represent that you are not doing so.

4. Self-custody, keys, and approvals

You are solely responsible for your wallet, private keys, and credentials; we cannot recover them and have no liability for losses caused by their compromise. HyperCombos operates through scoped Hyperliquid agent keys that can place orders but can never withdraw funds, and through a builder-fee approval that you sign with your own wallet. Both are yours to revoke at any time on Hyperliquid. Blockchain transactions are irreversible; nothing here is insured by any deposit-insurance or investor-protection scheme (no FDIC, SIPC, or equivalent).

5. Fees

HyperCombos earns fees through Hyperliquid's builder-code system: a builder fee applies to sell orders we route on outcome markets. Because leg entries are routed as sell orders (the split-route described in the docs), entries and cash-outs both carry the builder fee. The fee can never exceed the maximum you approve on-chain when you sign the builder-fee approval with your main wallet; current rates are published in the fee schedule in the docs, every executable quote is net of fees, and the approval is revocable at any time at app.hyperliquid.xyz. Locked-combo multipliers are net of the vault's disclosed spread. Hyperliquid's own protocol fees, spreads, and slippage are separate and are not ours. Fee rates may change prospectively, never above your approved maximum.

6. Locked combos and the vault

Rolling combos fill against Hyperliquid's open order books and have no trading counterparty. A locked combo is different: its fixed multiplier is quoted by the HyperCombos pricing vault, which takes the other side of your ticket, so a locked payout is a claim on that vault. The vault reserves every open ticket's full maximum payout in cash on-chain at purchase, and its risk caps (maximum payout per ticket, global utilization) are transparent and apply to everyone equally. Locked quotes expire in seconds and include the vault's spread.

Depositing USDC into the vault mints shares and is strictly risk capital: yield is spread capture net of ticket losses, returns are not guaranteed, share value can fall, and losses up to your entire deposit are possible. Withdrawals respect reserved liability: instant up to free liquidity, beyond that a FIFO queue paid as tickets settle; queued exits redeem at the share price on the day they are paid and cannot be cancelled. Vault parameters can change prospectively, and an external audit gates any uncapped deployment. See the risk disclosure and the vault docs.

7. No advice, no fiduciary duty, taxes

Nothing on HyperCombos is investment, financial, legal, or tax advice, and no fiduciary, advisory, or client relationship is created. Displayed prices, probabilities, and multiplier estimates are informational and may be inaccurate or delayed. Shared tickets, leaderboards, and copy features show other users' activity, not recommendations; a copied ticket executes at current prices, so your multiplier and outcome can differ from the original. You are solely responsible for evaluating every market and ticket, and for determining, reporting, and paying your own taxes.

8. Prohibited use

You must not: manipulate markets (including wash trading, spoofing, or trading on misused non-public information); exploit bugs or vulnerabilities in HyperCombos or the venue; abuse automation in ways that disrupt the service; circumvent geographic or eligibility restrictions; abuse the points or referral program (including self-referral or coordinated sybil accounts); use HyperCombos for money laundering, terrorism financing, or sanctions evasion; or otherwise break applicable law. We may suspend or terminate access, and cancel unfunded tickets, where we reasonably suspect prohibited use or where the law requires it.

9. Risk acknowledgment

Combo tickets are all-or-nothing instruments that can lose their entire stake, and outcome markets can become illiquid, halt, resolve wrongly, or be voided. By using HyperCombos you acknowledge the risk disclosure, accept those risks as yours, and agree that you use the interface at your own risk.

10. Disclaimers

HyperCombos is provided on an "as is" and "as available" basis, without warranties of any kind, express, implied, or statutory, including merchantability, fitness for a particular purpose, non-infringement, accuracy, or availability. We do not warrant that the interface will be uninterrupted or error-free, that quotes will be achievable, or that any market is free of manipulation or unlawful conduct by others.

11. Indemnification

You will indemnify and hold harmless HyperCombos and its operators, employees, and contractors from claims, losses, and expenses (including reasonable legal fees) arising from your use of the interface, your violation of these terms or applicable law, or your violation of any third party's rights.

12. Limitation of liability

To the maximum extent permitted by law, we are not liable for indirect, incidental, special, consequential, punitive, or exemplary damages, including lost profits or lost data, nor for losses caused by the venue, blockchain networks, oracles, wallets, or other third parties. Our total aggregate liability for all claims is capped at [USD 100] [COUNSEL: confirm cap; flat USD 100 is the venue and peer standard, and Resolvium's builder-fees-paid-in-trailing-12- months cap is the scaled alternative]. Some jurisdictions do not allow certain exclusions; where they apply, these limits apply to the fullest extent permitted, and nothing excludes liability that cannot lawfully be excluded, including for fraud.

13. Dispute resolution and governing law

[COUNSEL: entity, governing law, and forum to be determined with formation. Peer pattern: binding arbitration on an individual basis with a class-action waiver and an informal-resolution notice period; offshore entities use LCIA rules (Hyperliquid: London seat, England & Wales law; Dreamcash: Cayman seat and law), US entities use AAA (Bullpen, New York) or Delaware law + FAA (Dexari), typically with a 30-day arbitration opt-out.]

14. Changes, termination, miscellany

We may modify the interface or these terms at any time; changes take effect when posted here with an updated date, and continued use is acceptance. Points are an accounting unit with no monetary value and no conversion rate to anything; they create no entitlement to any future benefit, token, or distribution, referral bindings are permanent, and the program can change or end at any time. If a provision is unenforceable it is severed without affecting the rest. You may not assign these terms; we may. These terms plus the risk disclosure are the entire agreement between you and HyperCombos.