Legal
Risk Disclosure
Last updated: 9 July 2026 · Template — not legal advice
Trading crypto-asset derivatives carries a high level of risk and is not suitable for every investor. You could lose some or all of the Bitcoin you allocate. Read this disclosure carefully and make sure you understand the risks before opening or funding an account.
1. BTC-denominated returns and drawdowns
Balances, PnL, and fees are measured in BTC. A positive USD return can still be a negative BTC return, and vice versa. Drawdowns in BTC terms are possible and expected.
2. Derivatives & leverage risk
Strategies use inverse perpetual and futures contracts with leverage. Adverse price moves can trigger liquidations, funding costs, and basis losses that materially exceed the naïve delta of the position. Liquidations are executed by the venue, not by LeverLock.
3. Counterparty & venue risk
Client BTC is deposited into subaccounts at third-party trading venues. Venue insolvency, hack, withdrawal freeze, or policy change can result in partial or total loss of funds held at the venue. LeverLock does not guarantee venue solvency.
4. Operational & technology risk
Platform outages, API failures, connectivity issues, and software defects can delay or prevent strategy execution. Redundancy reduces but does not eliminate this risk.
5. Regulatory risk
LeverLock is not authorised in the European Union or the United Kingdom and is provided on a reverse-solicitation basis. Regulatory changes in your jurisdiction may restrict your ability to use the service without notice.
6. No guarantee of yield
PPY (Price Percentage Yield) is a target and a way to measure BTC-denominated performance. It is not a promise, forecast, or guaranteed return. Realised PPY can be zero or negative.
7. Tax responsibility
You are solely responsible for determining and reporting any tax consequences of using the service. LeverLock does not provide tax advice.
8. Client acknowledgement
By opening or continuing to use a LeverLock account, you acknowledge you have read and understood these risks and are willing and financially able to bear them.