Terms of service
Last updated 30 July 2026
These terms govern your use of the NockTrade interface at nocktrade.xyz and app.nocktrade.xyz (the "Interface"). By using the Interface you agree to them. If you do not agree, do not use the Interface.
1. What NockTrade is
NockTrade is a front-end interface for the perpetual markets operated by Lighter (the "Venue"). We display market data, help you construct orders, and route those orders to the Venue. We are not an exchange, broker, dealer, custodian or financial institution. We do not match orders, hold client funds, operate a market, or take the other side of your trades.
Matching, funding, margin, liquidation and settlement are performed entirely by the Venue under its own rules. Your relationship with the Venue is your own, and its terms apply to you independently of these.
2. No custody
The Interface never takes custody of your assets. Your collateral sits in the Venue's smart contracts under an account bound to your own wallet address. We cannot move, withdraw, freeze or redirect your funds, and we never hold your private keys.
3. Eligibility
You may use the Interface only if you are of legal age in your jurisdiction and are not located in, resident of, or accessing the Interface from a jurisdiction where trading on the Venue is restricted — including the United States, the United Kingdom, Canada, Switzerland, the United Arab Emirates and Singapore. You must not use a VPN or any other method to circumvent these restrictions. You are responsible for complying with the laws that apply to you.
4. No advice
Nothing in the Interface is financial, investment, legal or tax advice, and nothing is a recommendation to enter into any transaction. Market data, estimates and calculations — including estimated funding and estimated liquidation prices — are provided for information only. You are solely responsible for your trading decisions.
5. Risk
Perpetual futures are leveraged instruments. You can lose your entire margin. Prices move without warning, positions can be liquidated in full, and past performance means nothing. A limit order is a request, not a promise: it may never fill or may fill partially. Market orders fill at prevailing book prices within the slippage bound carried by the order.
6. Fees
We may charge an integrator fee on orders routed through the Interface, disclosed in the order ticket before you submit and capped by an on-chain approval you sign. We cannot charge above that ceiling without asking you to sign a new approval, and you may revoke it at any time. Fees charged by the Venue or by any network are separate and outside our control.
7. Availability
The Interface is provided on an "as is" and "as available" basis. We do not guarantee uptime, uninterrupted access, error-free operation, or that any order will reach the Venue or be executed. We may modify, suspend or discontinue any part of the Interface at any time.
8. Your responsibilities
- Keeping your wallet, recovery phrase and device secure.
- Verifying every order and its disclosed cost before you submit it.
- Any activity carried out through your wallet or your Venue account.
- All taxes arising from your trading.
9. Prohibited use
You must not use the Interface for unlawful activity, market manipulation, to evade sanctions or jurisdiction restrictions, to interfere with or attack the Interface or the Venue, or to scrape or overload our services in a way that degrades them for others.
10. Limitation of liability
To the maximum extent permitted by law, NockTrade and its contributors are not liable for any trading losses, liquidations, missed or delayed executions, data inaccuracies, network or Venue failures, or any indirect, incidental, special or consequential damages arising from your use of the Interface.
11. Third parties
The Interface relies on third parties including the Venue, wallet providers, networks and data sources. We do not control them and are not responsible for their acts, omissions, outages or terms.
12. Changes
We may update these terms. The date at the top reflects the current version, and continuing to use the Interface after a change means you accept it.
13. Contact
Reach us on X at @NockTrade_xyz.