Risk disclosure
Stock and commodity perpetual derivatives.
Leverage and liquidation
Perpetuals are leveraged derivatives. Price movements, funding, fees, and margin changes can cause losses and liquidation. The underlying share or commodity is not owned through this contract.
Market availability
Reference markets may close while perpetuals remain open. Oracle limits, venue halts, corporate actions, futures rolls, shallow books, and exceptional prices affect execution. A resting limit may partially fill or never fill. Protected market orders cancel unfilled quantity rather than guarantee execution.
Separate venue balances
Wallet USDC, Hyperliquid USDC and Aster USDT remain distinct collateral pools. Ostium positions use collateral from the Arbitrum wallet. Aggregate portfolio value does not make funds transferable or create cross-venue margin netting. Position closes and cancellations stay on the original venue.
Wallet and venue risk
Your wallet controls funding and withdrawal actions. Venue custody, bridge administration, smart contracts, availability, and delegated trading authority each have independent risks. Maintain access to the same wallet and original venue.
Eligibility
Public market data and app login do not establish derivatives eligibility. Funded admission requires the market, account, authority, and jurisdiction qualifications in Aperi’s product setup.