Risk disclosure

Version 2026-09-24

Trading crypto perpetual futures with leverage involves a high risk of loss and is not suitable for everyone. You can lose all of the capital you commit.

1. Leverage, margin and liquidation

Perpetual futures are traded on margin. Leverage magnifies both gains and losses. If the value of your position moves against you, the exchange can close it automatically (liquidation), and you can lose all the margin posted. In extreme conditions losses can exceed what you expected when you opened the position.

2. Market risk

Crypto markets are highly volatile, trade around the clock and can move suddenly on news, liquidity events or technical failures. Prices can gap through stop levels, and stop orders can be filled at significantly worse prices than set, or not at all.

3. Automated trading and model risk

PERP KING makes decisions using software and models. They can be wrong, can stop working when market behavior changes, and can behave unexpectedly in conditions not seen before. Protective controls reduce but do not eliminate losses. No level of analysis or confidence makes a trade safe.

4. Technology and operational risk

Software defects, hosting or network outages, data errors, exchange API problems or maintenance can delay, prevent or distort actions, including exits. The Service is in beta and may be interrupted.

5. Exchange and counterparty risk

Your funds are held by your exchange, not by PERP KING. Exchange insolvency, hacks, suspensions, changes to contract specifications or margin rules, and regulatory action can cause losses or prevent access to your funds. The connectable integrations are Kraken Futures, Binance Futures, OKX Perpetuals, Bybit, Bitget Futures and KuCoin Futures.

6. Costs

Trading fees, funding payments and slippage reduce returns and can turn a profitable strategy into a losing one, especially at higher trading frequency or leverage.

7. Simulated and past results

Simulated results are hypothetical and are prepared with the benefit of rules applied after the fact. The beta simulation assumes entry and exit at the observed mark price with modeled slippage and fees, does not include funding, and does not join positions opened before it started. Real trading results will differ, possibly materially. Neither simulated nor past results indicate future results.

8. Regulatory and tax risk

Crypto derivatives are restricted or prohibited in some jurisdictions and for some customer types, and the rules can change. You are responsible for ensuring your use is lawful and for any taxes that apply to you.

9. No advice

PERP KING does not know your financial situation, objectives or risk tolerance and does not provide personalized advice. Nothing in the Service is a recommendation to buy or sell any asset. Consider seeking independent professional advice.

10. Your responsibility

You decide whether to use the Service, which settings to use, and whether to act on anything it shows you. Only commit capital you can afford to lose entirely. See also the risk overview and the terms of use.