Terms of Service

This summary is provided for convenience only and does not replace the full Agreement below. In the event of any conflict between this summary and the full Agreement, the full Agreement controls.

What Hyperscaled Challenge Offers

Hyperscaled Challenge is an evaluation program that allows you to participate in simulated trading activities in tandem with your trading activities on Hyperliquid on a decentralized network called Subnet 8. On Hyperscaled, your trades on Hyperliquid are mirrored using simulated assets—not real money or cryptocurrency—so while you may independently trade through your own self-custodied account on Hyperliquid, and Vanta copies qualifying activity into the Challenge without putting any additional capital at risk. The Challenge evaluates your trading ability; it does not involve providing services for compensation.

How It Works

1. You Pay a Challenge Entry Fee: This fee (paid in USDC) is charged per Challenge purchase/attempt and gives you access to the Challenge and registers or activates the applicable Challenge Account on Subnet 8. The fee is only refundable before your registration is approved and your Challenge Account opened; after that the fee is non-refundable, except as required by Applicable Law or payment-network rules.
2. You Are a Participant, Not a Contractor or Employee: During the Challenge, you are a participant in an evaluation program. You do not provide services to Vanta and you do not receive any compensation, payouts, profit splits, or other economic benefits.
3. You Trade Through Your Own Account; Vanta Does Not Provide Capital: The Challenge itself uses simulated assets. To generate Challenge Trading Activities, you may independently trade through your own self-custodied account on a supported third-party venue (currently Hyperliquid mainnet) using your own capital. Vanta does not provide a company trading account, does not provide trading capital, and does not access your account for execution. Vanta monitors your Registered Wallet on a read-only basis and uses qualifying activity to create and evaluate simulated Challenge Trading Activities.
4. Your Performance Is Evaluated: Your qualifying trading activity from your Registered Wallet is mirrored, copied, or translated into simulated Challenge Trading Activities using Simulated Assets and measured against the criteria published in the Challenge Rules. If you meet the requirements and do not violate any rules, you may Pass.
5. Passing Does Not Guarantee an ICA Invitation: Passing the Challenge is a necessary but not sufficient condition for being invited to Vanta’s Scaled Trader Program. Invitation is at Vanta’s sole discretion and requires you to execute a separate Independent Contractor Agreement (“ICA”) and complete any required KYC/onboarding.
6. Multiple Registered Wallets Permitted; One Natural Person / One Seat per Asset Class: Each Hyperscaled Challenge Account must correspond to one natural person and one Registered Wallet. You may register multiple Registered Wallets and multiple Hyperscaled Challenge Accounts, but only one (1) Registered Wallet / Challenge Account per natural person per Asset Class may be recognized as eligible to proceed to an ICA. If you have multiple accounts you want Vanta to consider together, you must use the same email address for all such accounts; otherwise, Vanta may be unable to associate them.
7. No Compensation During the Challenge: There are no payouts, profit splits, bonuses, prizes, or any form of compensation during the Challenge. This is strictly an evaluation. Any gains or losses you may independently realize in your own third-party-venue account are separate from the Service and are not payments by Vanta.

Important Points to Understand

• You are not an employee, independent contractor, or agent of Vanta during the Challenge
• No compensation or payouts of any kind during the Challenge stage
• The Challenge uses Simulated Assets and mirrored/simulated evaluation results, and any live third-party-venue trading you conduct is separate
• The Challenge Entry Fee is not a capital contribution or investment
• Passing is subject to validation; invitation to the Scaled Trader Program is discretionary and requires a separate ICA
• Disputes are resolved through binding arbitration, not courts
• Vanta operates the Platform but does not control the decentralized Network (Subnet 8), Hyperliquid, or any other supported third-party venue
• The Challenge Entry Fee is generally final and non-refundable once submitted/confirmed on-chain, except as required by Applicable Law
• Any descriptions of post-Challenge program economics (including simulated profit splits, scaling, payout timing, bonuses, or maximum account sizes) on Vanta’s or Hyperscaled’s website or marketing materials are informational only and are not part of this Agreement

Important Legal Notices

Acknowledgment and Acceptance

By clicking “Confirm Payment in USDC and Begin Evaluation,” connecting or registering an account or wallet, paying the Challenge Entry Fee, or using the Service, you acknowledge and agree that:

1. You have read, understood, and agree to be legally bound by this entire Agreement, including the arbitration agreement, class action waiver, jury trial waiver, limitations of liability, and indemnification obligations;
2. You meet all eligibility requirements and are not located in a Prohibited Jurisdiction;
3. During the Challenge, you are a participant in an evaluation program—not an employee, independent contractor, or agent of Vanta—and you are not entitled to employment benefits or any form of compensation;
4. There are no payouts, profit splits, bonuses, prizes, or compensation of any kind during the Challenge;
5. The Challenge uses mirrored/simulated evaluation results based on Simulated Assets, and those results are hypothetical and not indicative of real trading performance;
6. You may independently trade through your own self-custodied third-party-venue account using your own capital, but Vanta does not provide capital, custody assets for you, or execute trades on your behalf, and the Service itself uses simulated assets only;
7. This is not an investment and the Challenge Entry Fee is not a capital contribution;
8. The Challenge Entry Fee is generally non-refundable once submitted/confirmed on-chain or once your Challenge Account is activated, except as required by Applicable Law;
9. Passing the Challenge does not guarantee an invitation to the Scaled Trader Program; invitation is at Vanta’s sole discretion and requires a separate ICA and completion of any required onboarding;
10. Each Platform account, each Hyperscaled Challenge Account, and each Registered Wallet must correspond to one natural person, and you may register multiple Registered Wallets and multiple Hyperscaled Challenge Accounts; however, only one (1) Registered Wallet / Challenge Account per natural person per Asset Class may proceed to an ICA. If you have multiple accounts you want Vanta to consider together, you must use the same email address for all such accounts; otherwise, Vanta may be unable to associate them;
11. You have reviewed and agree to the Challenge Rules and Offer Terms, each of which is incorporated into this Agreement by reference;
12. Any descriptions of post-Challenge program terms appearing on Vanta’s website, Hyperscaled’s website, marketing materials, FAQs, dashboards, emails, or social media are informational only, are not part of this Agreement, and create no binding obligation;
13. You have read and accept the risk disclosures in Section 14;
14. Disputes are resolved by binding arbitration, not courts, and you waive class action and jury trial rights;
15. Vanta operates the Platform but does not control the Network, Hyperliquid, or any other supported third-party venue; and
16. You have had the opportunity to seek independent legal, financial, and tax advice.
17. For EU and UK persons: please see Section 23 for how to cancel.

For EU and UK persons: I expressly request Vanta to start providing the Challenge immediately, before the end of the 14-day withdrawal period. I acknowledge that this may cause me to lose my statutory right to withdraw once performance begins (for digital content), and that for services I lose the right to withdraw once the services are fully performed; if I withdraw after performance begins, I may be required to pay a proportionate amount for what has been provided.

2.1 Overview

Hyperscaled Challenge provides an evaluation platform that enables you to link a Registered Wallet and have qualifying trading activity from a supported third-party venue (currently Hyperliquid mainnet) mirrored, copied, or translated into simulated Challenge Trading Activities on Subnet 8, a decentralized network. The Challenge is an evaluation program designed to assess your trading ability using Simulated Assets. You pay a Challenge Entry Fee for access, and your mirrored/simulated performance is measured against the criteria published in the Challenge Rules. Vanta does not provide trading capital or a company trading account, does not execute your third-party-venue trades, and does not pay compensation during the Challenge.

2.2 What Vanta Provides

Through the Platform, Vanta:

• Provides the user interface for registration, wallet linking, and participation in the Challenge
• Receives Challenge Entry Fees in USDC through the on-chain payment method specified on the Platform
• Facilitates your registration on the Network and activation of your Challenge Account
• Reads and monitors public qualifying trading activity from your Registered Wallet on a supported third-party venue on a read-only basis and mirrors, copies, or translates qualifying activity into Challenge Trading Activities. Vanta does not request or require your private key, seed phrase, withdrawal credentials, or discretionary trading authority as a condition of using the Service
• Evaluates your Challenge Trading Activities against the criteria set forth in the Challenge Rules
• Determines Pass/Fail outcomes, and validates results
• Provides support and maintains the Platform

2.3 The Platform vs. The Network vs. Third-Party Venues

The Platform (Hyperscaled) is a centralized service operated by Vanta. The Network (Subnet 8) is a separate, decentralized system operated by independent Validators over which Vanta has no control, ownership, or operational authority. Qualifying live trading activity may occur on one or more supported third-party venues (currently Hyperliquid mainnet), each of which is separate from and not controlled by Vanta.

2.4 No Fiduciary Relationship

This Agreement does not create a fiduciary relationship. Vanta does not owe fiduciary duties to Participants beyond the obligations expressly stated in this Agreement.

2.5 Challenge Program Structure

Stage 1 — Challenge: You pay a Challenge Entry Fee and participate in an evaluation program using Simulated Assets. There is no compensation, payouts, profit splits, or economic benefit of any kind during Stage 1.

Stage 2 — Scaled Trader Program (Separate Agreement): Participants who Pass the Challenge may, at Vanta’s sole discretion, be invited to join the Scaled Trader Program. The Scaled Trader Program is governed entirely by a separate ICA and is not part of this Agreement.

3.1 Eligibility Requirements

To use the Service, you represent and warrant that you:

• Are at least eighteen (18) years of age or the age of legal majority in your jurisdiction, whichever is greater
• Have the legal capacity to enter into this Agreement
• Are not located in, a citizen of, or resident of any Prohibited Jurisdiction
• Are not identified on any Sanctions List
• Are not acting on behalf of any person or entity on a Sanctions List or located in a Prohibited Jurisdiction
• Are not prohibited from using the Service under Applicable Law
• Have not previously been suspended or terminated from the Service
• Will provide accurate and complete information during registration and maintain its accuracy

3.2 KYC Verification

Vanta may require identity verification or other compliance checks at any time for compliance, anti-fraud, or account-limit purposes. You agree to provide accurate information, cooperate with verification requests, and update information as needed.

3.3 Account Security

You are solely responsible for maintaining the confidentiality and security of your account credentials, including passwords and two-factor authentication, and for maintaining exclusive control of your Registered Wallet and any associated private keys, seed phrases, or wallet-authorization devices. Vanta will never require your private keys or seed phrase to provide the Service.

5.1 Challenge Entry Fee

To access the Challenge and be registered or activated on the Network, you must pay the Challenge Entry Fee displayed at the time of purchase. Different Tiers and Asset Classes may be offered at different price points as shown in the Offer Terms.

5.2 USDC Payments; On-Chain Transfer Mechanics

Challenge Entry Fees are paid in USDC using the on-chain payment method, wallet address, smart contract, chain/network, or other instructions specified by Vanta on the Platform. You are solely responsible for sending the correct token, on the correct chain/network, in the correct amount, to the correct destination, and with sufficient network fees/gas.

5.3 No General Cancellation Right; Finality of On-Chain Payments

Except as required by Applicable Law, once you submit or authorize an on-chain payment for a Challenge Entry Fee, the purchase is final and cannot be canceled, reversed, or rescaled.

5.4 EU/UK Consumer Withdrawal Rights

If you are a consumer located in the United Kingdom or European Union, you may have a statutory right to withdraw from this Agreement within fourteen (14) days of purchase under applicable consumer protection laws.

5.5 Non-Refundable After Confirmation/Activation

After the applicable on-chain payment has sufficient confirmations and/or your Challenge Account has been registered or activated, the Challenge Entry Fee is final and non-refundable under any circumstances (except as required by Applicable Law).

5.6 Payment Disputes; Reversals; Fraudulent Claims

If you initiate or assist any payment dispute, reversal request, clawback, fraud claim, or similar recovery attempt with respect to a Challenge Entry Fee after confirmation/activation, Vanta may immediately suspend or terminate your account.

5.7 Taxes on Fees

The Challenge Entry Fee does not include any applicable taxes. You are responsible for all taxes, duties, and governmental charges imposed on the Challenge Entry Fee by any jurisdiction.

6.1 Participant Status

During the Challenge, you are a participant in an evaluation program. You are not an employee, independent contractor, partner, joint venturer, member, shareholder, or agent of Vanta. You do not provide services to Vanta during the Challenge.

6.2 No Compensation or Benefits

As a Challenge Participant, you are not entitled to any compensation, wages, salary, bonuses, profit splits, prizes, payouts, commissions, or any other form of economic benefit from Vanta during the Challenge.

6.3 No Authority to Bind

You have no authority to bind Vanta to any contract, obligation, or liability, or to make any representation or warranty on behalf of Vanta.

6.4 Your Independence

As a Challenge Participant, you have sole control over when, where, and how you trade through your own third-party-venue account and participate in the Service. Vanta does not provide training, supervision, or direction on trading strategies or methods.

7.1 Your Own Capital

The Challenge Account and any Scaled Trader Program account tracked by Vanta use Simulated Assets and simulated metrics that have no real-world monetary value and cannot be redeemed, withdrawn, transferred, or exchanged for any currency, cryptocurrency, or other asset. Vanta does not provide a company trading account, does not lend or allocate capital to you, does not custody assets for you, and does not execute or route trades on your behalf.

7.2 Not an Investment

Your participation in the Challenge or the Scaled Trader Program is not an investment of any kind. The Challenge Entry Fee is payment for access to an evaluation product, not a capital contribution, security, deposit, escrow, stored-value balance, or investment.

8.1 Ownership of Network Emissions

When Challenge Trading Activities or mirrored Scaled Trader Program activities are recorded or conducted on the Network, the Network may emit digital assets (Network Emissions). Such Network Emissions are the sole and exclusive property of Vanta. Participants do not receive, own, or have any right, title, interest, or claim to Network Emissions.

8.2 No Claims to Network Emissions

You acknowledge and irrevocably agree that you have no ownership interest, beneficial interest, equitable interest, claim, demand, or right of any kind in or to any Network Emissions. You waive any claim based on unjust enrichment, quantum meruit, constructive trust, resulting trust, joint venture, partnership, employment, contribution, conversion, or any other legal or equitable theory.

9.1 Evaluation Criteria

Your Challenge Trading Activities will be evaluated against the performance criteria, rules, and requirements set forth in the Challenge Rules, including profit targets, Max Drawdown limits, leverage limits, Tier parameters, and Asset Class restrictions.

9.2 Pass/Fail Determination

A Pass requires meeting all applicable criteria set forth in the Challenge Rules without any disqualifying violations of this Agreement or the Challenge Rules.

9.3 No Compensation During Challenge

There are no payouts, profit splits, bonuses, prizes, compensation, or any other form of economic benefit from Vanta during the Challenge. The Challenge is solely an evaluation. Your sole potential benefit from passing the Challenge is the possibility (but not guarantee) of being invited to the Scaled Trader Program under a separate ICA.

9.4 Invitation to Scaled Trader Program Is Discretionary

Passing the Challenge is a necessary but not sufficient condition for an invitation to the Scaled Trader Program. Vanta retains sole and absolute discretion to determine whether to extend an invitation.

9.5 Results Validation

Vanta may, in its sole discretion, review Registered Wallet activity, third-party-venue activity, Challenge Trading Activities, and related metrics, and may adjust, exclude, disregard, re-rank, disqualify, or invalidate any results where Vanta determines that they are Non-Replicable, materially influenced by Technical Artifacts, or inconsistent with the intended purpose of the Challenge.

9.7 Multiple Attempts; Limited Recognition

A Participant may purchase and participate in multiple Challenge attempts. However, Vanta may recognize at most one (1) Registered Wallet / Challenge Account per natural person per Asset Class for purposes of eligibility to proceed to an ICA.

9.8 Scaled Trader Program Descriptions; Informational Only

Any descriptions of the Scaled Trader Program, including descriptions of scaling mechanics, simulated account sizes, payout frequencies, or other post-Challenge program terms, are provided for informational and illustrative purposes only and are not binding on Vanta and do not form part of this Agreement.

10.1 General Conduct Standards

You agree to use the Service only for lawful purposes and in compliance with all Applicable Laws; provide accurate, complete, and truthful information; maintain the security of your account; comply with all Challenge Rules; and use the Service in good faith.

10.2 Prohibited Activities

Neither you nor any third party acting on your behalf may:

• Automated Systems and Manipulation: Use automated tools to access the Platform in ways prohibited by this Agreement; engage in market manipulation (wash trading, spoofing, layering, front-running, pump-and-dump); exploit bugs, glitches, or vulnerabilities
• Account, Wallet, and Identity Violations: Use false identities, impersonate others, or register for someone else; register multiple wallets/accounts to evade rules; share, sell, lease, or transfer account access
• Security Violations: Circumvent security features, access controls, or authentication; probe for vulnerabilities; introduce malicious code
• Intellectual Property Violations: Reverse engineering, copying, modifying, scraping, or removing proprietary notices
• Legal and Regulatory Violations: Violate applicable laws, sanctions, or use the Service for money laundering, terrorist financing, or other financial crimes
• MNPI or Insider Conduct: Use Material Nonpublic Information in connection with Challenge Trading Activities

10.3 Account Limits and Anti-Circumvention

Each Platform account and each Challenge Account must correspond to a single natural person. You may create multiple Challenge Accounts, but Vanta may recognize at most one (1) per natural person per Asset Class for ICA eligibility.

10.6 Consequences of Violations

Violations may result in immediate suspension or permanent termination, Fail determination, disqualification from current and future Challenges, revocation of previously issued Passes, civil liability, referral to law enforcement, and injunctive relief.

11.1 Vanta’s Intellectual Property

The Platform and all Platform Content are owned by Vanta or its licensors and are protected by copyright, trademark, patent, trade secret, and other Intellectual Property Rights.

11.2 Limited License to Participants

Subject to your compliance with this Agreement, Vanta grants you a limited, non-exclusive, non-transferable, non-sublicensable, revocable license to access and use the Platform solely for the purposes expressly permitted by this Agreement.

11.3 Permitted Social Sharing

You may publicly share limited excerpts of Platform Content solely to show your own performance metrics, rankings, or results, subject to accuracy, required disclosures, and compliance requirements detailed in the full Agreement.

11.4 Ownership of Challenge Data

You retain all right, title, and interest in User IP. All Challenge Data and Derived Data are the sole and exclusive property of Vanta.

You agree to maintain the strict confidentiality of all Confidential Information and to use Confidential Information solely for the purpose of using the Service as permitted by this Agreement. You shall not disclose Confidential Information to any third party without Vanta’s prior written consent.

Confidential Information does not include information that was publicly available prior to disclosure, becomes publicly available through no fault of yours, was rightfully in your possession prior to disclosure, is independently developed by you, or is rightfully obtained from a third party without confidentiality restrictions.

Vanta collects and processes personal data in accordance with its Privacy Policy, which is incorporated herein by reference and available on the Platform. By using the Service, you consent to the collection, processing, storage, and transfer of your personal data as described in this Agreement and the Privacy Policy.

Your personal data may be transferred to and processed in countries other than your country of residence. Vanta implements reasonable administrative, technical, and physical security measures to protect personal data in its possession.

Please read these risk disclosures carefully. By using the Service, you acknowledge and accept all risks described herein.

14.1 Simulated / Mirrored Performance Limitations

Hypothetical, mirrored, and simulated performance results have inherent limitations. The Challenge results recorded, mirrored, copied, translated, or otherwise attributed by Vanta using Simulated Assets are evaluation results and may differ from your live results. Results from Challenge Trading Activities are not indicative of future performance in any real trading context.

14.2 Digital Asset and Self-Custody Risks

Digital assets may be highly volatile and speculative. The regulatory status of digital assets is unclear and evolving. USDC or any other stable asset may de-peg, be frozen, or become unavailable. If you lose access to your Registered Wallet, private keys, or seed phrase, you may suffer unrecoverable loss.

14.3 Blockchain and Technology Risks

Smart contracts may contain bugs or vulnerabilities. The Network, Hyperliquid, or any other supported third-party venue may experience failures, attacks, forks, congestion, or downtime. The Platform and related systems may be subject to hacking, cyberattacks, or data breaches.

14.4 Operational and Business Risks

The Platform may be unavailable or experience interruptions. The Service depends on third parties that may fail or change services. You may not Pass the Challenge and you may not receive an invitation to the Scaled Trader Program.

14.6 Assumption of Risk

By using the Service, you acknowledge that you understand and voluntarily assume all risks described in this Section 14. You agree that Vanta shall not be liable for any Losses arising from these risks.

The Service is provided “as is,” “as available,” and “with all faults” without warranties of any kind, whether express, implied, statutory, or otherwise. To the fullest extent permitted by Applicable Law, Vanta and its Affiliates, licensors, and service providers disclaim all warranties, including implied warranties of merchantability, fitness for a particular purpose, title, non-infringement, accuracy, reliability, availability, security, and warranties arising from course of dealing, course of performance, or trade usage.

Vanta does not warrant that the Service will meet your requirements, be uninterrupted, timely, secure, or error-free, or that you will Pass the Challenge or receive an invitation to the Scaled Trader Program.

Nothing in the Service constitutes financial, investment, tax, legal, or other professional advice. The Service is for simulated trading and evaluation purposes only. You should consult qualified professionals for such advice.

16.1 Exclusion of Certain Damages

To the maximum extent permitted by Applicable Law, in no event shall Vanta or any Indemnified Party be liable for any indirect, incidental, special, consequential, punitive, or exemplary damages; loss of profits, revenue, income, business, savings, or anticipated benefits; loss of goodwill or reputation; loss of data; cost of procurement of substitute services; or business interruption, arising from or related to this Agreement or the Service, regardless of the theory of liability.

16.2 Aggregate Liability Cap

Vanta’s total cumulative liability for all claims of any kind arising from or related to this Agreement or the Service shall not exceed the greater of: (a) the total Challenge Entry Fees actually paid by you to Vanta in the twelve (12) months immediately preceding the first event giving rise to liability; or (b) one hundred United States dollars (USD $100.00).

16.7 Time Limitation on Claims

Any claim or cause of action arising from or related to this Agreement or the Service must be filed within one (1) year after the claim or cause of action arose, or it shall be permanently barred.

You agree to indemnify, defend, and hold harmless the Indemnified Parties from and against any and all Losses arising from or related to: your access to or use of the Service; your breach of this Agreement; your violation of Applicable Law, Sanctions, or third-party rights; your negligence, willful misconduct, fraud, or bad faith; any User Content you submit; any dispute between you and any third party; your tax obligations; any claim that your activities violate securities, commodities, banking, money transmission, or other financial regulations; any regulatory investigation related to your activities; any claim arising from false, misleading, or incomplete information you provided; any claim arising from your infringement of Intellectual Property Rights; any chargeback, payment dispute, or reversal initiated by you; and any other matter for which you are responsible under this Agreement.

18.1 Term

This Agreement begins when you accept it and continues until terminated by either party in accordance with this Section.

18.2 Termination by You

You may terminate this Agreement at any time by discontinuing use of the Service and notifying Vanta. Termination does not entitle you to any refund of Challenge Entry Fees.

18.3 Termination by Vanta

Vanta may suspend or terminate your access to the Service, immediately and without prior notice, for any reason, including your breach of this Agreement, failure to complete identity verification, suspected fraud or manipulation, law enforcement requests, compliance requirements, modification or discontinuation of the Service, inactivity, technical or security reasons, or Vanta’s sole business judgment.

18.4 Effect of Termination

Upon termination, your right to access and use the Service ceases immediately, your license to the Platform is revoked, and any pending Challenge attempt may be terminated. Re-entry into any Challenge requires a new Challenge Entry Fee.

18.6 Inactivity Termination

If your Challenge Account shows no qualifying trading activity for twelve (12) consecutive months, Vanta may close your account and terminate your Challenge without further notice.

19.1 Changes to Agreement

Vanta may modify this Agreement at any time in its sole discretion. Changes may take effect immediately upon posting, and your continued use of the Service after the effective time constitutes acceptance of the modified Agreement.

19.2 Changes to Service

Vanta reserves the right to modify, update, suspend, or discontinue the Service, in whole or in part, at any time and for any reason, with or without notice.

19.3 Updates to Challenge Rules and Offer Terms

The version of the Challenge Rules and Offer Terms in effect at the time a Participant purchases and enters a Challenge shall govern that Participant’s Challenge attempt, except for changes necessary to address fraud, abuse, or circumvention; required by Applicable Law; technical corrections or clarifications; or otherwise non-material in nature.

Please read this section carefully. It affects your legal rights, including your right to file a lawsuit in court and to have a jury trial.

20.1 Informal Resolution

Before initiating any formal dispute resolution proceeding, you agree to first contact Vanta and attempt to resolve any dispute informally. The parties shall negotiate in good faith for at least sixty (60) days.

20.2 Binding Arbitration

Any dispute, claim, or controversy arising from or relating to this Agreement, the Service, or the breach, termination, enforcement, interpretation, or validity hereof shall be finally and exclusively resolved by binding arbitration, administered by the International Centre for Dispute Resolution (“ICDR”). The place of arbitration shall be George Town, Grand Cayman, Cayman Islands.

20.5 Class Action Waiver

You and Vanta agree that any dispute resolution proceedings will be conducted only on an individual basis and not in a class, consolidated, collective, representative, or private attorney general action.

20.6 Jury Trial Waiver

To the fullest extent permitted by Applicable Law, you and Vanta each knowingly and voluntarily waive any constitutional and statutory right to sue in court and to a trial by jury.

20.8 Time Limitation

Any claim must be filed within one (1) year after it arose or it is permanently barred.

This Agreement and any dispute arising from or relating to it shall be governed by and construed in accordance with the laws of the Cayman Islands, without regard to conflict of law principles. Subject to Section 20 (Dispute Resolution), any legal action or proceeding not subject to arbitration shall be brought exclusively in the courts of the Cayman Islands, and you irrevocably consent to the personal jurisdiction and venue of such courts and waive any objection based on inconvenient forum or lack of jurisdiction.

22.1 Not a Securities Offering

This Agreement and the Service do not constitute an offer or sale of securities, investment contracts, or any other regulated financial instruments in any jurisdiction. The Challenge Entry Fee is payment for access to an evaluation product. No compensation, payout, or return of any kind is provided during the Challenge.

22.3 Not Investment or Trading Advice

Vanta is not a registered investment adviser, broker-dealer, commodity trading advisor, futures commission merchant, or any other type of regulated financial services provider. Nothing in the Service is investment advice, trading advice, or a recommendation to buy, sell, hold, or trade any security, commodity, or digital asset.

22.4 Simulated Trading Only

All Challenge Trading Activities used by the Service are simulated, mirrored, translated, or notional evaluation activities using Simulated Assets. Vanta does not buy, sell, route, or execute real securities, commodities, currencies, cryptocurrencies, or other financial instruments for you through the Service.

22.5 CFTC and Commodities Disclaimer

The Service’s evaluation results are simulated, mirrored, or hypothetical and are not subject to the same regulatory requirements as actual trading in commodity interests, futures, options, or swaps. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.

22.7 Anti-Money Laundering

Vanta maintains an anti-money laundering (AML) compliance program. You agree to cooperate with all AML compliance requirements.

This Section applies only if you are a consumer located in the European Union or the United Kingdom.

23.2 14-Day Right to Withdraw

You have a statutory right to withdraw from this Agreement within fourteen (14) days from the date you purchase a Challenge (the “Withdrawal Period”), without giving any reason, unless an exception applies under Section 23.5.

23.3 How to Withdraw

To exercise your right to withdraw, you must notify Vanta of your decision by an unequivocal statement (for example, by email). Send your withdrawal notice to: [email protected]

23.4 Refund Timing

If you validly withdraw, Vanta will reimburse you in USDC without undue delay and in any event no later than fourteen (14) days after receiving your withdrawal notice.

23.5 Immediate Access; Effects on Withdrawal

If you request immediate access at checkout, you expressly request Vanta to begin performance during the Withdrawal Period. Once your Challenge Account is opened/activated, you may lose your statutory right to withdraw, to the extent permitted by law.

24.1 Entire Agreement

This Agreement, together with the Privacy Policy, the Challenge Rules, the Offer Terms, and any other documents incorporated by reference, constitutes the entire agreement between you and Vanta regarding the Service.

24.2 Severability

If any provision is held invalid or unenforceable, it shall be modified to the minimum extent necessary or severed, and the remaining provisions shall continue in full force.

24.3 Waiver

Vanta’s failure to enforce any provision is not a waiver. Waivers must be in writing and signed by an authorized representative.

24.4 Assignment

You may not assign this Agreement without Vanta’s prior written consent. Vanta may assign this Agreement freely, including in connection with a merger, acquisition, or sale of assets.

24.6 Force Majeure

Vanta is not liable for failures due to events beyond its reasonable control, including natural disasters, war, terrorism, pandemics, government actions, Sanctions, network failures, blockchain failures, cyberattacks, power outages, or third-party failures.

24.9 Electronic Acceptance

You consent to electronic execution of this Agreement. Your electronic acceptance has the same legal effect as a physical signature.