Legal and Regulations
Disclaimer

Disclaimer

Drift Protocol is a decentralised peer-to-peer protocol that people can use to trade with certain perpetuals, swaps, spot assets and provide passive liquidity to earn yield from overcollateralized borrows. The protocol is made up of free, public, open-source or source-available software including a set of smart contracts that are deployed on various blockchain networks, including, without limitation, the Solana blockchain. Your use of the Drift Protocol and this UI involves various risks, including, but not limited to, risks inherent to cryptographic systems and blockchain-based networks, and losses due to network services, bugs, the fluctuation of prices of tokens and other assets underlying derivatives contracts and swaps.

Before using the Drift Protocol, you should review the Documentation available on our Site, the Terms of Use and the Risks to make sure you understand how the Drift Protocol works. Additionally, just as you can access email protocols such as SMTP through multiple email clients, you can access the Drift Protocol through a variety of web or mobile interfaces. You are responsible for doing your own diligence on those interfaces to understand the fees and risks they present.

DRIFT PROTOCOL IS EXPERIMENTAL AND IS PROVIDED TO YOU ON AN "AS IS” AND "AS AVAILABLE" BASIS.

YOUR PARTICIPATION IN MAINNET IS ENTIRELY VOLUNTARY AND MUST STRICTLY ADHERE TO THE TERMS. BY PARTICIPATING IN MAINNET, YOU ACCEPT AND ACKNOWLEDGE THAT THERE ARE RISKS ASSOCIATED WITH PARTICIPATING INCLUDING, BUT NOT LIMITED TO, LOSS OF ALL FUNDS, THE RISK OF BUGS, ERRORS, TEMPORARY OR PERMANENT UNAVAILABILITY OF UNDERLYING INFRASTRUCTURE, FAILURE OF HARDWARE, SOFTWARE AND INTERNET CONNECTIONS, THE RISK OF MALICIOUS SOFTWARE INTRODUCTION, HARMFUL COMPONENTS AND SECURITY RISKS. YOU ACCEPT AND ACKNOWLEDGE THAT THE COMPANY WILL NOT BE RESPONSIBLE FOR ANY LOSSES, FAILURES, DISRUPTIONS, ERRORS, DISTORTIONS, DEFECTS OR DELAYS YOU MAY EXPERIENCE WHEN PARTICIPATING IN MAINNET, HOWEVER CAUSED.  THE PROTOCOL WILL NOT BE RESPONSIBLE OR LIABLE TO YOU FOR ANY LOSS, AND TAKES NO RESPONSIBILITY FOR, AND WILL NOT BE LIABLE TO YOU FOR YOUR PARTICIPATION IN MAINNET.

ANY USE WILL BE AT YOUR OWN RISK, AND WITHOUT WARRANTIES BY DRIFT OF ANY KIND.

Although Drift Protocol has developed much of the initial code for the protocol, the protocol does not provide, own, or control Drift Protocol, which is run by smart contracts deployed on the Solana blockchain.

By using Drift Protocol, you agree that no developer or entity involved in creating Drift Protocol will be liable for any claims or damages whatsoever associated with your use, inability to use, or your interaction with other users of, Drift Protocol, including any direct, indirect, incidental, special, exemplary, punitive or consequential damages, loss of profits, cryptocurrencies, tokens, or anything else of value.

By using Drift Protocol, you further agree to waive any loss, damage, liability, claim or demand against Drift Protocol and any entities involved in creating Drift Protocol. Use of the Protocol shall be at your own risk.