Term of Use
Last Updated: 17.12.2025
These Terms of Use (“Terms”) govern your access to and use of the CallPut(.app) protocol, website, application interface, documentation, and related services (collectively, the “Protocol”).
By accessing or using CallPut, you agree to be bound by these Terms. If you do not agree to these Terms, you must not access or use the Protocol.
1. Nature of the Protocol
CallPut is a non-custodial, onchain options trading protocol that allows users to interact directly with smart contracts using their own wallets.
CallPut does not:
custody, or control user assets
execute trades on behalf of users
act as a broker, dealer, clearing house, or financial intermediary
provide investment, legal, or tax advice
All transactions are executed via smart contracts, and users retain full control over their assets at all times.
2. Eligibility
By accessing or using the Protocol, you represent and warrant that:
You are legally permitted to use the Protocol in your jurisdiction
You are not restricted or prohibited from trading derivatives or synthetic instruments under applicable law
You have sufficient knowledge and experience to understand the risks of options trading
CallPut makes no representation that the Protocol is appropriate or lawful for use in any specific jurisdiction.
3. User Responsibility
You acknowledge and agree that:
You use CallPut at your own risk
You are solely responsible for all actions taken through your wallet
You are responsible for safeguarding your private keys and wallet credentials
Blockchain transactions are irreversible
You are solely responsible for complying with all applicable laws, regulations, and tax obligations.
4. Options and Trading Risk
Trading options involves significant risk and may result in the loss of all funds used for trading.
Risks include, but are not limited to:
Total loss of option premiums
Market volatility and adverse price movements
Time decay and volatility changes
Liquidity constraints and execution slippage
Execution prices deviating from theoretical values
No trading strategy, including spread strategies, guarantees profits or limits losses beyond the structure of the option itself.
5. Synthetic Asset Disclosure
Certain instruments on CallPut may reference synthetic underlying assets, including synthetic representations of U.S. equities.
You acknowledge that:
These instruments do not represent ownership of underlying securities
Pricing and settlement depend on external data sources
Corporate actions, market disruptions, or data issues may affect outcomes
Synthetic instruments may behave differently from instruments backed by physical delivery.
6. Pricing, Oracles, and Settlement
Pricing and settlement rely on third-party data providers, indices, and oracle mechanisms.
CallPut does not guarantee:
Accuracy or completeness of pricing data
Continuous oracle availability
Consistency with any single market venue
Abnormal market conditions or oracle disruptions may result in widened spreads, execution delays, or temporary market pauses.
7. Liquidity Provision
Providing liquidity involves financial risk and does not constitute a guaranteed return.
Liquidity providers may experience:
Losses from adverse market movements
Variable returns depending on market activity and volatility
Periods of low or negative performance
CallPut makes no representation regarding expected returns, yield stability, or profitability.
8. Prohibited Use
You agree not to:
Use the Protocol for unlawful, fraudulent, or abusive activities
Attempt to manipulate prices, oracles, or liquidity
Exploit bugs, vulnerabilities, or design limitations
Interfere with the normal operation or security of the Protocol
CallPut reserves the right to take defensive measures to protect the Protocol and its users.
9. Protocol Changes and Availability
CallPut may modify, suspend, or discontinue any part of the Protocol at any time, including features, markets, or access to the interface.
Markets may be paused or restricted under exceptional circumstances to protect users and maintain system integrity.
10. No Warranties
The Protocol is provided on an “AS IS” and “AS AVAILABLE” basis.
To the maximum extent permitted by law, CallPut disclaims all warranties, including implied warranties of merchantability, fitness for a particular purpose, availability, and accuracy.
11. Limitation of Liability
To the maximum extent permitted by law, CallPut and its developers, contributors, and affiliates shall not be liable for any direct, indirect, incidental, consequential, special, or punitive damages, including loss of funds, profits, or data, arising from your use of the Protocol.
Certain jurisdictions may not allow some liability limitations, so these limitations may not fully apply to you.
12. Third-Party Services
CallPut may reference or integrate third-party services such as wallets, bridges, or data providers.
CallPut does not control and is not responsible for third-party services. Your use of such services is at your own risk and subject to their respective terms.
13. Intellectual Property
All trademarks, logos, documentation, and brand materials related to CallPut are owned by or licensed to CallPut.
You may not use CallPut branding or materials in a misleading, commercial, or unauthorized manner.
14. Governing Law and Dispute Resolution
These Terms shall be governed by and construed in accordance with the laws of [Jurisdiction], without regard to conflict-of-law principles.
Any dispute arising from or related to these Terms or the Protocol shall be resolved through binding arbitration or other agreed dispute resolution mechanisms, unless prohibited by applicable law.
15. Amendments
CallPut may update these Terms at any time. Continued use of the Protocol constitutes acceptance of the updated Terms.
16. Acceptance of Terms
By accessing or using CallPut, you acknowledge that you have read, understood, and agreed to these Terms of Use.
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