Legal
Terms of Use
Last updated 19 September 2026
Please read these Terms of Use carefully. DeTrade Fund (the “Company”, “DeTrade”, “we”, “us”, or “our”) is organised and seated in Panama City, Republic of Panama. The Company does not identify its principals, officers, or beneficial owners on the Surfaces.
These Terms of Use govern access to and use of the website at https://detrade.fund, the application at https://app.detrade.fund, the oracle at https://oracle.detrade.fund (together, the “Surfaces”), and the Core vaults of which the Company is curator (collectively, the “Services”). These Terms of Use are version 3. The Terms of Use and the Privacy Policy together constitute the “Agreement.”
By signing the acceptance message described in Section 3, or by depositing into a Core vault, you agree to be bound by the Agreement. If you do not agree, you must not deposit.
The Company is not a bank, deposit-taking institution, exchange, broker, broker-dealer, investment advisor, or investment manager. The Company does not give investment, tax, or legal advice.
Each Core vault is a Lagoon vault: a smart contract on Base that issues shares and settles deposits and redemptions on a cycle. The Company is the curator. It selects and may change how assets in the vault are allocated. Lagoon’s protocol and contracts (the “Protocol”) are third-party infrastructure. They are not a Service of the Company. The Company does not warrant the Protocol. Use of the Protocol is at your own risk.
Vaults and digital-asset transactions are not protected by any deposit-guarantee scheme or investor-compensation fund. A complete loss of capital is possible.
The Company may amend the Agreement by publishing a new version on the Website. A change of version requires a new wallet signature before the next deposit. If you do not agree, you must not deposit under the new version.
1. The Services
The Surfaces display information about the Core vaults, allow you to connect a third-party wallet, and let you submit transactions that you sign. Marks, allocations, and historical performance on the Surfaces are informational. An Oracle mark is not the last on-chain share price and is not a warranty of value or of future results.
A deposit credits the vault’s smart contract and may take effect only on the next settlement. A redemption is a request, not an immediate transfer. Timing follows the vault cycle, the Protocol, and Base. The Company is not liable for losses arising from that timing.
The Company does not hold your private keys and cannot recover a lost or compromised wallet. You sign every on-chain transaction. Gas is set by the network, not by the Company.
You represent that you own or are authorised to use the wallet you connect and the assets you deposit, and that those assets were acquired lawfully.
You are solely responsible for any tax that arises from your use of the Services.
2. The Company as curator
The Company curates the Core vaults on Lagoon. It designs and may change strategies, allocations, signatories, thresholds, and integrations. That role does not make the Company a bank, a broker, a discretionary manager of a personal account, or a fiduciary.
A deposit is an interaction between you and the vault contract, as allocated by the Company as curator. The Company is not jointly or severally liable with you, with Lagoon, or with any third-party protocol for your result. Losses remain with you.
Positions, marks, and history are published on the Surfaces. You are responsible for monitoring them and for deciding whether to enter, remain, or exit. The contractual exit is a redemption request on the vault cycle.
Returns depend on third-party protocols that the Company does not own or guarantee. Those protocols may fail, pause, or change. The Company may drop or replace an integration at any time. A description of a strategy is not a commitment to keep it.
3. Acceptance
The Website may be read without accepting these Terms of Use. A deposit requires prior acceptance of the version then in force, given by signing with the connected wallet a message that refers to these Terms of Use, their version, and the URL of this page.
Connecting a wallet or browsing the Surfaces is not acceptance.
The Company records the wallet address, the message, the signature, the version, and the time, and may rely on that record as evidence of acceptance. A later version requires a new signature. Acceptance of an earlier version does not bind you to a later one.
4. Eligibility
The Surfaces are not geo-blocked. That is not a representation that the Services are lawful where you are. You are responsible for whether you may use them.
You represent that you are at least eighteen (18) years old and have legal capacity; that if you act for an entity you have authority to bind it; that you are not, and are not acting for, a sanctioned person; and that you will not use the Services for any unlawful purpose.
You represent that you can assess the Protocol, the vaults, and your wallet, and that you accept the risks of participating. The Company may refuse or end access where it has reasonable grounds to do so, including where required by law.
5. Assumption of risk
The Services are speculative. You may lose some or all of your capital, irreversibly. The Company is not an advisor and does not guarantee any return.
The Protocol and Base may be unavailable, slow, or wrong. Smart contracts may contain errors. Protocols may be exploited. Markets move. Stablecoins may depeg. Liquidations may occur without notice. Marks may be late or inaccurate. Strategies may change. Law in Panama or elsewhere may change. Transactions confirmed on-chain are final.
You are responsible for monitoring your position. The Company has no control over Base, the Protocol, wallet providers, or third-party protocols, and is not liable for their failures.
6. Fees
Core USDC charges a performance fee of twenty percent (20%). Other Core vaults may charge a different fee, or none. The App and the parameters in the relevant contracts are the source of the fee for a given vault.
Network and protocol charges, including gas, are not the Company’s. A fee is not a representation that any return will be earned.
7. Prohibited use
You shall not use the Services for any unlawful, fraudulent, or sanctioned activity, or attempt to interfere with or circumvent the contracts or the Surfaces. A breach is grounds for immediate termination of access.
8. No warranties
TO THE FULLEST EXTENT PERMITTED BY LAW, THE SERVICES ARE PROVIDED AS IS AND AS AVAILABLE, WITHOUT WARRANTY OF ANY KIND, INCLUDING MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT.
The Company does not warrant that access will be continuous or secure, that information on the Surfaces will be accurate, or that any vault or contract will be free of defects. Nothing on the Surfaces is investment, legal, or tax advice.
9. Liability; indemnity; release
TO THE MAXIMUM EXTENT PERMITTED BY LAW, THE COMPANY SHALL NOT BE LIABLE, AND SHALL NOT BE JOINTLY OR SEVERALLY LIABLE WITH YOU OR ANY THIRD PARTY, FOR INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE LOSS, OR FOR LOSS OF DIGITAL ASSETS, INCLUDING FROM THE PROTOCOL, THIRD-PARTY PROTOCOLS, MARKETS, STRATEGY CHANGES, THE ORACLE, SETTLEMENT, A CHANGE IN LAW, OR INTERRUPTION OF THE SURFACES.
Where liability cannot be excluded, it is limited to fraud or wilful misconduct. Signers and operators of a Safe or related configuration act for the Company, not in a personal capacity, except in those cases.
You agree to indemnify the Company against losses and reasonable legal costs arising from your use of the Services or the Protocol, or from your breach of the Agreement or of applicable law, except to the extent caused by the Company’s fraud or wilful misconduct.
To the maximum extent permitted by law, you release the Company from claims arising out of your use of the Services or the Protocol, including diminution or loss of assets.
10. Term
The Agreement starts when you accept it under Section 3 and continues while you use the Services. The Company may end access at any time. You may stop using the Surfaces at any time. If you hold shares, you exit by requesting a redemption on the vault cycle.
Sections that by their nature should survive — including risk, fees already accrued, warranties, liability, indemnity, release, and governing law — survive termination.
11. Governing law
The Agreement is governed by the laws of the Republic of Panama, without regard to conflict-of-laws rules. The United Nations Convention on Contracts for the International Sale of Goods does not apply.
Disputes shall be submitted to the courts of Panama City, Republic of Panama.
12. General
Notices and questions may be sent to hello@detrade.fund. The Company does not undertake a particular response time.
The Agreement is in English. If a provision is held invalid, it shall be modified to the minimum extent necessary or severed, and the remainder continues. A failure to enforce a provision is not a waiver.
You may not assign the Agreement without the Company’s consent. The Company is not liable for delay or failure caused by events beyond its reasonable control.
The Agreement is the entire agreement between you and the Company in respect of the Services and supersedes prior statements on the same subject.
Publisher
DeTrade Fund, Panama City, Republic of Panama. Written enquiries: hello@detrade.fund.