Legal

DePropFirm operates as a decentralized, non-custodial trading simulation protocol. It does not provide investment, brokerage, asset management, or financial services of any kind.

All interactions occur entirely on-chain through autonomous smart contracts. The protocol does not exercise custodial control, discretionary management, or human intervention over user assets.

DePropFirm enables users to participate in simulated trading challenges using virtual balances. Entry fees are paid directly on-chain. The protocol does not manually hold, store, or manage funds. All transactions are executed programmatically by smart contracts according to transparent and immutable logic.

Because DePropFirm does not custody assets, execute real trades, or provide financial intermediation, it is designed to operate outside the scope of traditional financial service providers under applicable regulatory frameworks.

DePropFirm is fully non-custodial:

• Users retain full control of their wallets and private keys at all times.
• All challenge entries, rewards, and simulation mechanics are executed exclusively by smart contracts.
• The protocol cannot manually access, transfer, or interfere with user funds.
• There are no custodial accounts, intermediaries, or off-chain fund storage.

Every asset movement is governed by autonomous smart contract logic and is publicly verifiable on-chain.

When a trader successfully completes the required challenge phases, their simulation account may transition to Funded status.

Funded status does not convert the environment into real trading. All trading activity remains fully simulated.

Upon becoming funded:

• The trader continues to operate within the simulated trading environment.
• The trader becomes eligible for on-chain profit rewards generated under funded-stage rules.

Profit rewards are calculated exclusively according to the protocol's predefined simulation logic and are distributed automatically by smart contracts.

DePropFirm does not manually approve, process, or execute payments. All reward distributions are enforced programmatically by immutable smart contract code.

Any rewards or profit-share mechanisms within DePropFirm are executed exclusively through smart contracts.

Distributions:

• Are programmatic and rule-based.
• Require no manual approval or intervention.
• Follow predefined protocol logic.
• Are transparently recorded on-chain.

DePropFirm administrators cannot alter, delay, or selectively control payouts.

DePropFirm is a simulation protocol and does not:

• Execute or route real trades.
• Provide brokerage or exchange services.
• Offer investment products.
• Provide leverage on real assets.
• Manage or safeguard client funds.
• Provide financial advice or guarantees.

All trading activity is simulated. Market data from Pyth Network is used solely to replicate price conditions within the simulation environment.

No user capital is deployed to external markets.

All DePropFirm smart contracts are open-source and publicly accessible.

Protocol activity - including challenge participation, performance metrics, and reward distributions - is transparently recorded on-chain.

No centralized back-end system controls trading outcomes or fund flows.

DePropFirm does not require:

• Identity verification (KYC).
• Personal data submission.
• Off-chain account creation.

Users interact exclusively via self-custody wallets.

Participation in DePropFirm involves interaction with autonomous smart contracts and simulated trading mechanics.

Users acknowledge that:

• All trading activity is simulated.
• Funded status does not represent employment, investment services, or financial advisory relationships.
• Rewards are generated exclusively by protocol logic.
• Smart contract interactions involve inherent technical risks.

DePropFirm provides a simulation environment only and makes no guarantees regarding outcomes, performance, or rewards.

Users remain solely responsible for their decisions, wallet security, and smart contract interactions.

Participation in DePropFirm challenges requires an on-chain entry fee.

By interacting with the protocol, users acknowledge that:

• Entry fees are final and cannot be reversed.
• Transactions executed on-chain are immutable.
• The protocol does not provide cancellations or refunds.

All payments are executed directly through smart contracts. DePropFirm does not manually process, hold, or reverse transactions.

DePropFirm is designed as:

• Decentralized.
• Non-custodial.
• Autonomous.
• Simulation-only.

It does not provide financial services, custody assets, or perform investment activities.

All protocol mechanics are governed exclusively by immutable smart contracts.