> For the complete documentation index, see [llms.txt](https://docs.paragon.trade/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.paragon.trade/resources/legal.md).

# Legal

Important legal information regarding Paragon protocol and services.

## Disclaimer

Trading perpetual futures involves substantial risk of loss and is not suitable for all investors. The high degree of leverage available can work against you as well as for you. Before trading, you should carefully consider your investment objectives, level of experience, and risk appetite.

**There is no guarantee that any trading strategy or methodology will result in profits or avoid losses.**

## No Financial Advice

Nothing in Paragon's documentation, website, social media, or other communications constitutes financial, investment, legal, or tax advice. All content is provided for informational purposes only.

You should consult with qualified professionals before making any financial decisions. Paragon does not recommend any specific investments, trading strategies, or financial products.

## Risk Factors

Trading Paragon index perpetuals involves risks including but not limited to:

* **Market Risk**: Index values can move rapidly and unpredictably
* **Leverage Risk**: Amplified losses from leveraged positions
* **Liquidation Risk**: Positions may be liquidated during adverse price movements
* **Smart Contract Risk**: Potential vulnerabilities in protocol code
* **Oracle Risk**: Price feed errors or manipulation
* **Regulatory Risk**: Changing legal and regulatory landscape
* **Counterparty Risk**: Dependence on Hyperliquid infrastructure

**You should only trade with funds you can afford to lose.**

## Jurisdictional Restrictions

Paragon services may not be available in all jurisdictions. It is your responsibility to ensure compliance with local laws and regulations.

Paragon services are NOT available to residents of:

* United States
* Sanctioned jurisdictions (OFAC list)
* Other restricted territories

This list may be updated without notice. VPN usage to circumvent geographic restrictions is prohibited.

## Intellectual Property

Paragon, the Paragon logo, and associated branding are trademarks of their respective owners. All rights reserved.

Documentation content is provided for informational purposes. Unauthorized reproduction or distribution is prohibited.

## No Warranty

Paragon services are provided "as is" and "as available" without warranty of any kind, express or implied.

Paragon does not warrant that:

* Services will be uninterrupted or error-free
* Defects will be corrected
* Services are free of viruses or harmful components
* Results will meet your requirements

## Limitation of Liability

To the maximum extent permitted by law, Paragon and its affiliates shall not be liable for any indirect, incidental, special, consequential, or punitive damages arising from your use of the protocol.

## Changes

These terms may be updated at any time without notice. Continued use of Paragon services constitutes acceptance of any changes.

## Contact

For legal inquiries, contact the team via [Telegram](https://t.me/paragon_trade).

***

*Last updated: January 2026*


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