Terms of Use
Last updated: January 2026
Please read these Terms of Use ("Terms") carefully before using the Rubicon platform ("Platform", "Service", "we", "us", "our").
1. Acceptance of Terms
By accessing or using Rubicon, you agree to be bound by these Terms. If you disagree with any part of the Terms, you may not access the Service.
2. Eligibility
You must:
Be at least 18 years old (or the age of majority in your jurisdiction)
Have the legal capacity to enter into binding agreements
Not be a resident of a restricted jurisdiction
Not be on any sanctions lists
Restricted Jurisdictions
The Service is not available to:
United States — All states and territories
Sanctioned Territories — Iran, Syria, Cuba, North Korea, Crimea, Donetsk, Luhansk regions
Other Restricted Regions — Countries subject to comprehensive sanctions by the US (OFAC), EU, or UN
By using Rubicon, you represent that you are not:
Located in or a resident of any restricted jurisdiction
On the OFAC Specially Designated Nationals (SDN) list
Subject to sanctions by the EU, UK, or UN
USE OF A VPN OR ANY OTHER TOOL TO CIRCUMVENT GEOGRAPHIC RESTRICTIONS IS STRICTLY PROHIBITED.
You are responsible for ensuring compliance with your local laws.
3. Description of Service
Rubicon provides:
A trading interface for ETF perpetual futures on Hyperliquid
Oracle price feeds for supported assets
Documentation and educational materials
Rubicon does NOT:
Provide investment advice
Hold custody of your funds
Guarantee any trading outcomes
Operate as a registered exchange or broker
We are not registered with the U.S. Securities and Exchange Commission or any other regulatory authority as a national securities exchange, broker-dealer, or in any other capacity. These Terms are not intended to, and do not, create or impose any fiduciary duties on us.
Protocol vs Interface
Rubicon provides a user interface and oracle price feeds. The underlying trading infrastructure is operated by Hyperliquid. We:
Do NOT operate the trading protocol or matching engine
Do NOT take custody of your funds
Do NOT control the blockchain or execute your transactions
Cannot reverse, cancel, or modify any transactions
All trades are executed on Hyperliquid's infrastructure. See Hyperliquid's Terms for their terms and conditions.
4. Risks
Trading Risks
Perpetual futures involve substantial risk of loss
Leverage amplifies both gains and losses
You may lose your entire investment
Past performance does not indicate future results
Technical Risks
Oracle failures may affect trading
Smart contract bugs may result in loss
Platform downtime may occur
Regulatory Risks
Laws may change affecting service availability
You are responsible for tax compliance
See our Risk Disclosures for complete information.
5. User Responsibilities
You agree to:
Maintain the security of your wallet and private keys. You acknowledge that we have no access to or control over your private keys, seed phrases, or wallet credentials. If you lose your credentials or sign a malicious transaction, we cannot help you recover your funds.
Provide accurate information if requested
Comply with all applicable laws
Not use the Service for illegal purposes
Not attempt to manipulate markets
Not interfere with Service operation
6. Intellectual Property
The Service and its content are owned by Rubicon
You may not copy, modify, or distribute our materials
Your feedback may be used without compensation
7. Third-Party Services
The Service integrates with:
Hyperliquid (trading infrastructure)
Wallet providers (authentication)
Data providers (price feeds)
We are not responsible for third-party services. Their terms apply to your use of their services.
8. Disclaimers
THE SERVICE IS PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTIES OF ANY KIND.
We disclaim all warranties, express or implied, including:
Merchantability
Fitness for a particular purpose
Non-infringement
Accuracy of information
Uninterrupted service
9. Limitation of Liability
TO THE MAXIMUM EXTENT PERMITTED BY LAW:
We are not liable for any indirect, incidental, special, consequential, or punitive damages
Our total aggregate liability to you for any claims arising from or related to these Terms or the Service shall not exceed one hundred U.S. dollars (US$100)
We are not liable for losses due to:
Your trading decisions
Oracle errors or delays
Third-party service failures
Force majeure events
10. Indemnification
You agree to indemnify and hold harmless Rubicon and its affiliates from any claims arising from:
Your use of the Service
Your violation of these Terms
Your violation of any laws
Your infringement of third-party rights
11. Modifications
We may modify these Terms at any time:
Changes will be posted on this page
Continued use constitutes acceptance
Material changes will be communicated via available channels
12. Termination
We may terminate or suspend access immediately, without notice, for:
Breach of Terms
Illegal activity
Regulatory requirements
Any other reason at our discretion
Upon termination:
Your right to use the Service ceases
Provisions that should survive will remain in effect
13. Governing Law and Dispute Resolution
These Terms are governed by the laws of the jurisdiction in which the Company is organized, without regard to conflict of law principles.
Dispute Resolution
Any dispute, controversy, or claim arising out of or relating to these Terms or the Service shall be resolved through binding arbitration. Before initiating arbitration, you must first send a written notice of the dispute to dev@rubiconmarkets.com describing the nature of the claim and the relief sought. The parties shall attempt to resolve the dispute informally for at least thirty (30) days before initiating arbitration.
Any claim must be brought within twelve (12) months after the cause of action arises, or such claim is permanently barred.
Class Action Waiver
You agree that any dispute resolution will be conducted only on an individual basis. You waive any right to:
Participate in class actions
Participate in class-wide arbitration
Participate in representative actions
This waiver applies to the maximum extent permitted by law.
14. Severability
If any provision is found unenforceable, the remaining provisions remain in effect.
15. Entire Agreement
These Terms constitute the entire agreement between you and Rubicon regarding the Service.
16. Contact
For questions about these Terms:
Email: dev@rubiconmarkets.com
By using Rubicon, you acknowledge that you have read, understood, and agree to be bound by these Terms of Use.
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