These Terms of Use (the "Terms") govern your access to and use of the hoodlong web interface and mobile application (together, the "Interface"), operated by Hood Long Labs Inc. ("Hood Long," "we," "us"), a company incorporated in the British Virgin Islands. The Interface lets you interact with the Hood Long smart-contract protocol (the "Protocol"), which runs on Robinhood Chain. Hood Long is an independent product; it is not operated, endorsed, or controlled by Robinhood.
Notice: read these Terms carefully. Each time you access or use the Interface — including by connecting a wallet — you confirm that you can enter into a binding agreement and that you have read, understood, and agree to be bound by these Terms and our Privacy Policy. If you do not agree, do not use the Interface.
Hood Long is not registered with or regulated by the U.S. Securities and Exchange Commission, the U.S. Commodity Futures Trading Commission, or any other financial regulatory authority. See Section 9.
The Interface may not be used by any Restricted Person: (i) any person or entity residing, located, incorporated, or with a principal place of business in the United States, Canada, or the United Kingdom; (ii) any sanctioned person or entity, or anyone in a country or region under comprehensive economic sanctions (including Iran, Cuba, North Korea, and the regions of Crimea, Donetsk, and Luhansk); and (iii) anyone whose use would violate applicable law. There are no exceptions. Using a VPN or similar tool to circumvent these restrictions is strictly prohibited.
Sections 16 and 17 contain a binding arbitration agreement and class-action waiver. They affect your legal rights — please read them.
"Hood Long Parties" means Hood Long, its affiliates, and the shareholders, directors, officers, employees, agents, advisors, contractors, successors, and assignees of each. By using the Interface you also acknowledge and accept in full the risks in the Risk Disclosure Statement (Schedule 1 below); if you cannot accept those risks, do not use the Interface.
The Interface is a non-custodial front end: it converts the transaction parameters you choose into blockchain-readable instructions that you sign and submit with your own self-custodial wallet. It is one way — not the only way — to access the Protocol, which can also be reached through other interfaces or directly onchain.
When you trade through the Interface, you are not trading with us. We never custody your assets, control your wallet, or act as your counterparty, broker, dealer, exchange, fiduciary, or agent. Every trade you submit is unsolicited: you initiate it, we do not review it for suitability, and nothing we show you is investment advice or a recommendation. We do not solicit transactions, negotiate terms, arrange financing, value assets, execute or settle trades, or route orders on a discretionary basis.
The Interface may display market data — prices, funding rates, estimated costs — drawn from the Protocol, third-party oracles, and onchain sources. This data is indicative only and can be subject to oracle delays, inaccuracies, or manipulation.
3.1 You are in control. All transaction parameters — direction, size, asset, leverage, price — are set by you. You are solely responsible for reviewing and confirming them before submitting any transaction.
3.2 Defaults. The Interface may pre-fill default parameters to help you get started. Every default is fully customizable and can be changed at any time before you submit.
3.3 Educational material. Any educational content in the Interface is for information only and is not advice.
4.1 Product-based routing. Orders are routed by product type. Leveraged position orders are submitted to the Protocol's order book and, after automated validation, settle in smart contracts on Robinhood Chain. Spot orders may be routed to third-party liquidity venues or automated market makers integrated with the Protocol and settle directly onchain. Once an order is submitted, we exercise no discretionary control over how it is processed.
4.2 Conflicts of interest. The Interface integrates exclusively with the Hood Long Protocol for leveraged trading. Because the Interface operator and the Protocol's developer are under common control, this exclusive integration is a conflict of interest. We manage it by charging fixed, objective fees applied identically to all users (Section 5). Spot orders may route to third-party venues when they offer better pricing.
4.3 No payment for order flow. We receive no payment for order flow from anyone. Our only compensation is the Interface fee described in Section 5.
5.1 Interface fee. We may charge a fee per transaction executed through the Interface. The current schedule, including any volume tiers, is displayed in the Interface and updated whenever it changes. Fees are objective, applied consistently to all users, and independent of execution route, venue, or counterparty.
5.2 Network fees. Transactions on Robinhood Chain may require gas fees. These are set by the network, not by us, and are separate from any Interface fee.
5.3 Estimates. Fee figures shown before execution are estimates and may differ from what you actually pay. You release us from any liability arising from inaccurate fee estimates.
We maintain cybersecurity controls designed to minimize errors, prevent unauthorized access, and protect the Interface from internal and external threats, including third-party detection and response services. We cannot guarantee these measures will prevent every incident. You acknowledge and assume the security risks inherent in onchain systems.
We work to keep information in the Interface accurate, but we make no guarantee that it is complete, current, or timely. You agree that you are not relying on it and will independently verify anything you intend to act on. Decisions you make based on displayed information are yours alone.
Prices and other pre-trade figures are advance estimates. Final execution prices and outcomes are determined solely by the Protocol and Robinhood Chain at settlement. Discrepancies between estimates and outcomes are inherent to decentralized systems, and you release us from claims arising from them.
Nothing in the Interface is an offer, solicitation, or recommendation to buy, sell, or trade any digital asset, token, or financial instrument.
Use of the Interface is subject to the Restricted Persons rules in Section 1. Persons in the United States, Canada, and the United Kingdom may not use the Interface to access leveraged trading or derivatives features. You are solely responsible for determining whether your use is lawful where you are.
To the maximum extent permitted by law, you irrevocably release Hood Long and its affiliates, officers, directors, employees, agents, and contractors from all claims, liabilities, damages, losses, costs, and expenses arising out of or relating to your use of the Interface or the Protocol.
Hood Long is not registered with or regulated by the U.S. Securities and Exchange Commission as a broker-dealer, national securities exchange, or in any other capacity. Hood Long is not registered with the U.S. Commodity Futures Trading Commission as a futures commission merchant, introducing broker, commodity pool operator, or in any other capacity. Hood Long is not registered with any other securities, derivatives, or financial regulatory authority, and is not a money transmitter or money services business.
You acknowledge that Hood Long does not broker orders on your behalf and does not execute or settle your trades — settlement occurs entirely through the Protocol on Robinhood Chain. No financial regulatory authority has reviewed or approved the Interface. Do not assume it is covered by any investor-protection regime.
The Interface, the Protocol, and all related software and materials are provided strictly "as is" and "as available." To the maximum extent permitted by law, we disclaim all warranties, express or implied — including title, non-infringement, merchantability, fitness for a particular purpose, and any warranty arising from course of performance or usage of trade. In particular, we do not warrant that:
(a) the Interface will function as expected, be available at any time or place, or include any particular feature; (b) the Interface will be secure, error-free, or free of bugs, viruses, or other harmful elements, or that defects will be fixed; (c) the Interface or any transaction will meet your expectations, serve a particular purpose, or be beneficial or suitable for you; (d) any digital asset available through the Interface has any particular legal or regulatory status, market, liquidity, price, or value at all.
11.1 Cap. To the maximum extent permitted by law, the aggregate liability of the Hood Long Parties arising from these Terms — whether in contract, tort, breach of duty, or otherwise, including attorney’s fees — will not exceed the greater of (a) one hundred (100) U.S. dollars, or (b) the Interface fees you paid in the three months preceding the event giving rise to the claim.
11.2 Excluded damages. The Hood Long Parties are not liable for any consequential, incidental, indirect, or punitive damages — including loss of profits, business opportunities, data, goodwill, or diminution of value — regardless of legal basis, even if advised of their possibility.
11.3 No liability. Without limiting the foregoing, the Hood Long Parties are not liable for losses arising from or caused by: (a) Robinhood Chain or any other underlying blockchain network, including its failure to perform as expected; (b) third-party oracles, data feeds, wallets, liquidity venues, or other third-party services; (c) acts or omissions of other users or asset issuers; (d) unauthorized use of your wallet or credentials, or your failure to secure them; (e) compromise of our communication channels (websites, social accounts) by third parties; and (f) Force Majeure — events beyond our reasonable control, including acts of God, war, government action, epidemics, power or network outages, blockchain vulnerabilities, 51% attacks, hacks, and failures of third-party providers.
11.4 No personal liability. To the fullest extent permitted by law, no officer, director, employee, consultant, or shareholder of Hood Long or its affiliates bears personal liability in connection with these Terms; this does not limit Hood Long’s liability as an entity.
11.5 Exclusions. Nothing in these Terms limits liability for fraud, gross negligence, death or personal injury caused by negligence, or any other liability that cannot lawfully be limited.
11.6 Claim window. To the extent permitted by law, any claim relating to these Terms or the Interface must be brought within one (1) year of the event giving rise to it; claims not brought within that period are permanently barred.
To the fullest extent permitted by law, you agree to indemnify, defend, and hold harmless the Hood Long Parties from any claims, demands, actions, damages, losses, costs, and expenses (including reasonable legal fees) arising from: (a) your violation of these Terms or applicable law, including false representations; (b) your use of the Interface or the Protocol; (c) your acquisition, use, or disposal of any digital assets; (d) any determination by a regulator or authority that an asset you traded is a security or other regulated instrument, or that transactions in it are unlawful; and (e) your tax obligations. We may control the defense of any indemnified claim at your cost. This indemnity is in addition to any other remedies available to us.
We may suspend, restrict, or terminate your access to the Interface at any time, with or without notice or reason — including if you are or appear to be a Restricted Person, breach these Terms or applicable law, create legal or regulatory exposure for us, or if we detect suspicious or abnormal activity. Our decision may rest on confidential risk-management criteria that we are not obligated to disclose. Suspension or termination does not remove your liability for past activity or unpaid network costs. Where you violate these Terms or the law, you authorize us to report to, and cooperate with, any relevant authority.
We provide notices electronically, including by posting in the Interface or via our official channels, and such notices are deemed delivered the day after posting. Always verify links, wallet addresses, and transaction instructions against more than one of our official channels before acting on them: communication channels in this industry are routinely compromised, and we disclaim any liability for losses caused by unauthentic or misleading content posted through a compromised channel. You assume the risk of verifying all such information.
We may modify these Terms at any time. Updated Terms take effect when posted in the Interface with a new date, and your continued use constitutes acceptance. We may also modify, restrict, suspend, or discontinue the Interface or any feature at any time, with or without notice, without liability for resulting losses.
16.1 Governing law. These Terms and any dispute between you and Hood Long are governed by the laws of the State of New York, without regard to conflict-of-laws principles. The Interface is deemed based solely in New York; its availability elsewhere does not create personal jurisdiction in other forums. Any arbitration under these Terms is governed by the Federal Arbitration Act, and the state and federal courts of New York County, New York are the proper forum for appeals of arbitration awards or for court proceedings if arbitration is unenforceable.
16.2 Arbitration. We will first try to resolve disputes informally — email legal@hoodlong.com. If we can't reach a resolution within sixty days, any claim arising out of or relating to the Interface or these Terms (including arbitrability itself) will be finally settled by confidential, binding arbitration before a single arbitrator under the JAMS Optional Expedited Arbitration Procedures, held in New York, New York unless both parties agree otherwise. The arbitrator may not consolidate your claims with anyone else's. Judgment on the award may be entered in any court of competent jurisdiction. If a claim must proceed in court, you waive any right to a jury trial, and the claim may be brought only in a federal or New York state court in New York County.
You must bring any dispute against Hood Long in your individual capacity — not as a plaintiff in or member of any class action, collective action, private attorney general action, or other representative proceeding, including class arbitration. Both you and Hood Long waive the right to a jury trial.
If you use the Interface through a mobile app from the iOS App Store or Google Play, you acknowledge that this agreement is between you and Hood Long only — not Apple, Google, or any other app store operator. App store operators are not responsible for the app or its content, owe you no maintenance or support, make no warranties about the app, and are not responsible for any claims relating to it, including product liability or IP claims.
You receive a non-transferable license to use the app on your device, subject to the applicable store's terms, and you must comply with any applicable third-party terms. App store operators are third-party beneficiaries of this agreement and may enforce it against you.
19.1 Entire agreement. These Terms, together with the Privacy Policy, are the entire agreement between you and Hood Long regarding the Interface and supersede all prior understandings. If these Terms conflict with another agreement, these Terms control unless that agreement expressly supersedes them.
19.2 Severability. If any provision is invalid or unenforceable, it will be severed and the rest remain in force. If the waiver in Section 17 is unenforceable, the arbitration agreement in Section 16 is void in its entirety and disputes must be litigated per Section 16.1.
19.3 Assignment. You may not assign these Terms without our prior written consent; we may assign them without yours.
19.4 No waiver. Our failure to enforce a provision is not a waiver of it. Waivers are effective only in writing, signed by us.
19.5 No third-party beneficiaries. Except as expressly provided in Sections 11, 12, and 18, there are none: the Hood Long Parties may rely on and enforce the protections granted to them here as if they were parties to these Terms.
19.6 Compliance with law. We may take any action we deem appropriate to comply with law, respond to legal process, or cooperate with authorities, without notice or liability.
19.7 Electronic communications. You consent to receive all notices and disclosures electronically, including by posting in the Interface. Questions: legal@hoodlong.com.
19.8 Relationship. Nothing here creates a partnership, joint venture, agency, employment, or fiduciary relationship between you and Hood Long.
19.9 Language. These Terms are written in English; translations are for convenience and the English version controls.
19.10 Headings. Headings are for convenience only. "Include" and its variants mean "including without limitation."
19.11 Survival. Sections 8, 10, 11, 12, 16, 17, and 19 survive termination of your access, along with any provision that by its nature should survive.
These risks are not exhaustive and appear in no order of priority. Any of them can result in damage to or complete loss of your assets, for which you are solely responsible.
Onchain transactions are immediate and irreversible; we do not guarantee execution, timing, or gas costs. Robinhood Chain and other networks operate autonomously and may malfunction, fork, or be attacked (including 51% attacks and chain reorganizations). Blockchain data is public and permanent. Advances in cryptography, including quantum computing, could weaken the mechanisms these systems rely on. Gas fees are volatile, and failed transactions may still incur them. Decentralized execution can involve slippage, price impact, and delay.
Digital assets — including tokenized stocks and meme tokens — are highly volatile and may lose all value. Leverage multiplies these risks: adverse price moves can liquidate your position and cost your entire collateral, and funding rates add ongoing cost. Tokenized stocks may diverge from their underlying equity (tracking error, redemption limits, issuer risk). No market or liquidity is guaranteed for any asset. Only allocate funds you can afford to lose.
The Protocol and Interface may contain bugs, flaws, or vulnerabilities that cause transactions to execute contrary to their intended logic, and fixes may be difficult, slow, or impossible. Oracles supplying prices can be delayed, wrong, or manipulated, causing incorrect executions or wrongful liquidations. Components may be experimental or beta. Downtime, maintenance, and third-party failures can block access, including at moments when you need to manage a position.
Theft of assets through hacks, malware, phishing, or blockchain vulnerabilities is possible. Anyone with access to your wallet credentials controls your assets; we never store them and cannot recover them. Beware of fake websites, tokens, and social accounts impersonating Hood Long — verify everything against official sources.
The Interface relies on third-party services and automated data feeds that may be inaccurate, incomplete, or delayed. Dealings with third parties (wallets, venues, issuers) carry fraud, insolvency, and security risks that are yours alone.
The legal status of digital assets and leveraged trading is uncertain and shifting; laws may change, apply retroactively, or prohibit these activities entirely in your jurisdiction. You are solely responsible for the legal and tax consequences of your activity, including reporting and paying all applicable taxes.
Unanticipated risks, and combinations of the above, may also materialize.