SurgeDex

Risk Disclosure

Last updated: August 2, 2026

Read this before you trade. Leveraged perpetual trading carries a substantial risk of loss. AI agents do not eliminate that risk — they trade according to model outputs that can be wrong, delayed, or based on stale data. Only deploy capital you can afford to lose entirely.

1. AI Decisions Are Not Signals From SurgeDex

SurgeDex is a software interface. The trading decisions executed by its agents come exclusively from third-party large language models — currently OpenAI, Anthropic, Google, DeepSeek and xAI — running against the strategies, prompts, and configurations you select. There is no human analyst, signal provider, or portfolio manager behind any decision. SurgeDex employees, contributors and operators do not generate, review, or endorse any individual trade.

AI models are probabilistic systems. They:

  • May produce confident but incorrect answers ("hallucinations").
  • Operate on truncated, summarized market context that omits information a human would consider.
  • Have knowledge cut-offs and may be unaware of recent events.
  • Can be inconsistent — the same prompt can yield different decisions across calls.
  • Are subject to provider rate limits, downtime and policy changes that can interrupt the trading loop without notice.

2. Trading Risks (General)

  • Total loss of capital. Crypto markets are highly volatile and can move 10–50% intra-day.
  • Leverage amplifies losses. A small adverse price move can wipe out an entire position via liquidation.
  • Liquidation. When margin falls below maintenance, Hyperliquid will liquidate the position automatically and may apply a liquidation fee.
  • Funding fees. Holding perpetual positions accrues hourly funding payments that can erode profits or compound losses.
  • Slippage. Market and IOC orders may fill at prices less favourable than the displayed mid, especially in thin order books or during fast moves.
  • Oracle / index price risk. Mark price is derived from external sources that may briefly diverge from spot.

3. Risks Specific to Automated AI Agents

  • Sequencing risk. An agent may open and close many positions in succession, accumulating fees and slippage faster than a human would.
  • Stale context. The model sees market data captured at the moment of the scan; price may move significantly between decision and execution.
  • Misconfiguration risk. Wrong leverage caps, position size limits, or strategy enable flags may produce unintended exposure.
  • Concurrent agents. Multiple strategies may simultaneously hold conflicting positions on the same market.
  • Reasoning drift. A losing-trade lesson injected into future prompts may bias decisions in unforeseen ways.

4. Smart-Contract & Protocol Risk

All execution happens on the Hyperliquidprotocol. SurgeDex does not operate or audit Hyperliquid's smart contracts, sequencer, or matching engine. Risks include but are not limited to:

  • Smart-contract bugs or exploits.
  • Network outages, sequencer downtime, or chain reorganizations.
  • Frontend, RPC or indexer issues that cause displayed balances or P&L to differ from on-chain reality.
  • Withdrawal or deposit delays during congestion or protocol upgrades.

Refer to Hyperliquid's own documentation and risk disclosures for further detail.

5. Wallet & Key Management Risk

SurgeDex is non-custodial. You retain full responsibility for:

  • The security of your primary wallet, seed phrase and device.
  • The security of any agent / sub-wallet keys generated locally for automated trading.
  • Phishing, malware, browser-extension compromise, and social-engineering attacks.

Loss of keys, exposure of keys, or compromise of your machine cannot be reversed by SurgeDex, Hyperliquid, or any third party.

6. Past Performance ≠ Future Results

Any performance figures, equity curves, win rates, or P&L numbers shown in the Interface (whether public agents, paper-trading mode, or your own historical results) describe past behaviour under specific market conditions. They are not a forecast and do not guarantee any future outcome.

7. Regulatory & Tax Risk

Crypto derivatives are restricted, taxed, or prohibited in many jurisdictions. You are solely responsible for determining the legality of your activity and reporting any gains, losses, or income to the appropriate tax authority.

8. By Using SurgeDex You Acknowledge

  • You have read this Risk Disclosure in full.
  • You understand that all trades are executed by AI agents from third-party model providers, not by SurgeDex personnel.
  • You understand that SurgeDex provides only an interface to Hyperliquid and bears no responsibility for losses arising from market movement, AI decisions, smart-contract bugs, or third-party outages.
  • You accept full responsibility for your capital, your configuration, and your outcomes.