Verity API Terms of Service

• Pulse Verity supplies derived estimates calculated by Pulse, not executable quotes, official venue prices or a promise that any transaction can occur at the displayed value. Values may be incorrect, stale, delayed or unavailable.
• INDICATIVE values use a single venue without independent cross-checking. They must not be used for settlement, collateral, liquidation, regulated reporting or valuation of third-party assets. Other tiers are not accuracy guarantees either.
• Self-serve access does not authorize financial settlement, payment determination or regulated benchmark use. These uses require the separate written arrangements and legal clearance described below. Pulse consumer products use a separate authoritative settlement process.
• Public access to an upstream endpoint is not a grant of redistribution rights. These Terms grant only the rights Pulse can lawfully grant and do not bind any observed venue or decide its rights.
• No financial, investment, trading, tax or legal advice is provided. You remain responsible for your application, independent safeguards and compliance.
• Subject to rights that cannot lawfully be excluded, the Service is AS IS and AS AVAILABLE. The aggregate liability cap is the greater of fees actually paid for the Service in the twelve months before the first event giving rise to the claim or US$100. Sections 8 and 23 contain important limitations, arbitration and individual-action provisions.

These Terms govern the Pulse Verity data API, developer console, hosted Model Context Protocol (MCP) service, streams, webhooks, documentation and associated outputs (the Service). The operator is Pulse Labs OpCo LLC (Pulse, we, us). Our business mailing address is 30 N Gould St, Ste N, Sheridan, WY 82801, United States. Contact support@thepulse.markets. Software distributed under a separate open-source license retains that license; it does not license access to Service data or waive these Terms.

By affirmatively accepting these Terms, you enter this agreement for yourself or the organization you identify and are authorized to bind. You must be at least 18 and legally capable of contracting. Do not create an account or use the Service if you cannot agree. Automated clients and agents act under your authority, not as separate customers that excuse your obligations.

An executed agreement expressly covering a conflicting matter controls that matter. These Terms otherwise apply. The separate Verity Privacy Policy at https://thepulse.markets/developers/privacy describes personal-data processing; it is not a waiver or a blanket consent. Consumer games, wallets and accounts are governed separately at https://thepulse.markets/terms and https://thepulse.markets/privacy and are not licensed through this agreement.

Pulse records the Terms version and time of affirmative account acceptance. Such records are evidence of acceptance, subject to applicable law and contrary evidence, not an irrebuttable presumption. A person who has never agreed to these Terms is not bound merely because Pulse names them or observes their public endpoint.

An Index Value is a derived price or numerical estimate computed by Pulse. Service Output includes Index Values, signed prints, historical records, research, catalogues, methodology information and service-health metadata. A Panel is the changing set of market sources considered by Pulse; the number of configured integrations is not a promise that all are active or contribute to every value.

Consensus denotes a value using three or more venue groups treated as independent by the applicable methodology; Blended uses two; Indicative uses one without independent cross-checking. Source counts, tiers and availability can change. Ownership grouping and asset identity can be incomplete or mistaken and are not verified corporate or legal opinions.

A Print is a record with its timestamp and, where provided, a Pulse signature. A signature supports integrity and provenance under the published verification method, not the truth, legal admissibility, completeness or economic correctness of its contents. Plan Limits are the applicable published usage and feature entitlements; they are not guarantees of market coverage.

A Settlement Value is a value used by Pulse's separate consumer process to resolve a position or round. Verity outputs must not be assumed to be Settlement Values. References to including mean including without limitation. Headings and summaries aid navigation; the full provisions and mandatory-law protections control.

THE SERVICE PROVIDES DERIVED ESTIMATES. Pulse applies its own calculation, conversion, filtering, source grouping and aggregation methods to market observations. An Index Value is not an executable quote, official rate, offer to transact, or undertaking to supply an asset. It is not the price of any exchange represented as that exchange's official feed. A derived value, especially an Indicative value, may numerically coincide with a source observation.

THE SERVICE IS NOT ADVICE. Nothing supplied is financial, investment, trading, tax, accounting or legal advice, a personal recommendation, or a solicitation to transact. Under this agreement Pulse does not act as your fiduciary, broker, dealer, investment adviser, exchange, execution venue, calculation agent or valuation agent. You must obtain appropriate independent advice. Actual regulated activity is determined by law and conduct, not by these descriptions.

The Service is not offered under these Terms as an authorized, registered or endorsed benchmark administration, price-reporting or rating service. Pulse makes no claim of compliance with the EU Benchmarks Regulation (Regulation (EU) 2016/1011, as amended), the UK Benchmarks Regulation or IOSCO benchmark principles. Whether a particular index, provider or use falls within a regime depends on its facts and current scope; neither the product name nor this disclaimer resolves that question. Section 13 governs restricted uses.

Verity is a Pulse-calculated data product, not a license to an observed venue's feed. Diagnostic metadata, attribution or a calculated value does not transfer rights in underlying third-party material. No affiliation, approval, license or endorsement by a named venue should be inferred unless expressly identified with a verified basis. Section 20 explains the limits of this position.

Verity is separate from the feed and rules authoritative for Pulse consumer gameplay, locks and settlement. Access here grants no consumer account, wallet service, money movement, or authority to change that process. Methods, interfaces and coverage evolve subject to section 14.

You must examine the metadata supplied with each output, including its tier, source count, identity, timestamp, measured age, confidence, dispersion, cadence and rejection state where provided. Not every endpoint emits every field. Missing information is not a positive quality signal, and a missing value must not be silently replaced and described as a current Verity value.

CONSENSUS AND BLENDED ARE METHODOLOGY LABELS, NOT WARRANTIES. Multiple sources can share errors, infrastructure, ownership or manipulation. Conversion and weighting introduce additional model risk. A confidence figure, interval or dispersion measurement is not a guaranteed error bound, probability of correctness, audit opinion or prediction of a tradable outcome.

INDICATIVE VALUES REST ON A SINGLE VENUE and are not independently cross-checked. You MUST NOT USE INDICATIVE VALUES FOR SETTLEMENT, collateral, margin, liquidation, net asset value, valuation of client or third-party assets, accounting, tax, audit or regulatory reporting. Keep their label and limitations with every permitted display. Filtering them is your responsibility.

Symbols and names can identify different instruments, networks or contracts. Independently verify the exact asset, network, quote currency, unit, conversion basis and relevant time before use. Measured cadence is descriptive, not an SLA; receipt time, source time and calculation time can differ. A historical signature does not make an old print current.

You acknowledge the limitations in sections 3, 4 and 13 and, to the maximum extent permitted by law, assume the entire risk of permitted use and decisions made by you or through your products. Digital-asset markets can be fragmented, volatile, interrupted, manipulated or illiquid; no calculation eliminates those risks.

You must implement safeguards appropriate to potential loss: independent comparison sources, freshness and identity checks, deviation limits, circuit breakers, tier filters, tested fallback and recovery procedures, key security, and human escalation. Do not make an irreversible decision solely because a request succeeded or a signature verified.

You have the opportunity to evaluate the Service and obtain independent technical and professional advice. Examples, demonstrations, historical performance, testimonials, roadmap statements and observed uptime do not create a commitment not expressly agreed in writing. Nothing here excludes liability for fraud or defeats rights that applicable law makes non-waivable.

The fees and any no-charge access reflect the limited rights and risk allocation in this agreement. Pulse does not accept the potentially unlimited losses arising from your downstream financial obligations in exchange for a self-serve data subscription.

You represent that your account information is accurate, you have authority to enter this agreement, and your use and downstream disclosures will comply with applicable law, the rights of others and your Plan. Obtain and maintain every approval required for your own products and uses.

You must not describe outputs as official exchange data, guaranteed accurate, regulator-approved, or authorized for a use prohibited here. Do not imply that Pulse or any venue assumes responsibility for your obligations or endorses your product. You remain responsible for employees, contractors and agents you authorize to access the Service.

Do not submit customer personal data, confidential trading instructions, wallet secrets or other unnecessary sensitive information in symbols, URLs, client names, webhook destinations, support material or other Service inputs. Where you supply personal information, you must have authority and a lawful basis to do so and provide required notices. The Verity Privacy Policy explains the metadata Pulse does receive.

You must not use the Service in violation of sanctions or export restrictions, misrepresent your eligibility, or evade applicable restrictions through another account, intermediary or network. These obligations do not transfer Pulse's own non-delegable legal responsibilities to you.

THE SERVICE AND OUTPUTS ARE PROVIDED AS IS AND AS AVAILABLE, WITH ALL FAULTS. TO THE MAXIMUM EXTENT PERMITTED BY LAW, PULSE AND ITS AFFILIATES, LICENSORS AND SUPPLIERS DISCLAIM EXPRESS, IMPLIED AND STATUTORY WARRANTIES, INCLUDING MERCHANTABILITY, SATISFACTORY QUALITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, NON-INFRINGEMENT, ACCURACY, COMPLETENESS, TIMELINESS, CONTINUITY, AVAILABILITY, SECURITY AND WARRANTIES ARISING FROM COURSE OF DEALING OR USAGE.

There is no warranty that values will match a market or source, that any venue or asset will remain covered, that an interface or methodology will remain unchanged, that the Service will be uninterrupted or error-free, or that any output is suitable for your transaction, compliance or evidentiary purpose. Cryptographic verification is subject to its specified method and does not remove economic, source or operational risk.

No oral statement, example, support response, marketing material or documentation creates a warranty inconsistent with this agreement. A separate executed agreement may expressly provide limited commitments; it does not imply others. Where a warranty cannot lawfully be excluded, this section applies only as far as that law permits.

TO THE MAXIMUM EXTENT PERMITTED BY LAW, PULSE, ITS AFFILIATES AND THEIR OFFICERS, MEMBERS, MANAGERS, DIRECTORS, EMPLOYEES, CONTRACTORS, LICENSORS, SUPPLIERS AND AGENTS (THE PULSE PARTIES) ARE NOT LIABLE FOR INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, EXEMPLARY OR PUNITIVE DAMAGES; LOST PROFIT, REVENUE, OPPORTUNITY, BUSINESS, GOODWILL, DATA OR SAVINGS; OR YOUR DOWNSTREAM TRADING, INVESTMENT, LIQUIDATION, MARGIN, SETTLEMENT, VALUATION OR HEDGING LOSSES, TO THE EXTENT SUCH EXCLUSION IS LAWFUL.

THE PULSE PARTIES' TOTAL AGGREGATE LIABILITY ARISING OUT OF OR RELATING TO THE SERVICE OR THIS AGREEMENT WILL NOT EXCEED MAX(F, US$100), WHERE F IS THE TOTAL SERVICE FEES YOU ACTUALLY PAID PULSE IN THE TWELVE MONTHS IMMEDIATELY BEFORE THE FIRST EVENT GIVING RISE TO THE CLAIM. FOR NO-CHARGE ACCESS, THE CAP IS US$100. THE CAP APPLIES COLLECTIVELY TO ALL PULSE PARTIES AND ALL RELATED CLAIMS; IT DOES NOT RESET PER REQUEST, OUTPUT, ACCOUNT, THEORY OR CLAIM.

These exclusions and limits apply regardless of legal theory, including contract, negligence, strict liability or statute, whether a loss was foreseeable or advised, and even if a limited remedy fails of its essential purpose, but only to the extent permitted by applicable law. They are independent allocations of risk, not an undertaking to pay the cap.

Nothing excludes or limits liability or remedies that cannot lawfully be excluded or limited, including fraud, fraudulent misrepresentation, death or personal injury caused by negligence where protected, and mandatory consumer or data-protection rights. Gross negligence, willful misconduct and statutory liability are excluded from a limitation wherever governing law requires. This savings clause controls every disclaimer, release, indemnity and remedy restriction in these Terms.

To the extent law permits, a claim must be commenced within one (1) year after it accrues under applicable law. The period is suspended during the required informal dispute process. This does not shorten a non-waivable statutory period or prevent timely regulatory complaints, protected relief or proceedings needed to preserve rights.

To the maximum extent permitted by law, you release and forever discharge the Pulse Parties from claims based solely on independent conduct of observed venues or other third parties that Pulse neither directs nor controls. This does not release Pulse from its own enforceable contractual duties or liability preserved by section 8.

For this limited release only, and to the extent legally effective, you waive California Civil Code section 1542 and analogous protections for unknown claims within its scope. Section 1542 ordinarily protects claims the releasing party does not know or suspect to exist that would materially affect a settlement. This provision is not a release of statutory privacy rights, fraud, non-waivable claims or unrelated future misconduct.

Subject to this agreement, applicable Plan Limits and payment, Pulse grants you a limited, revocable, non-exclusive, non-transferable, non-sublicensable license during authorized access to use Service Output internally in your business or application. You may display permitted outputs to your own application's end users with Pulse Verity attribution, timestamp or age, and applicable tier limitations. This is not permission to supply a substitute data feed, bulk archive, downstream API or independent dataset.

Authorized retrieval by software or an AI agent for a permitted task is allowed within Plan Limits and these restrictions. A software package's open-source license covers that software only, not API entitlements, output redistribution, model-training rights or upstream venue rights. Express enterprise permissions control only to their stated extent.

As between you and Pulse, Pulse reserves its legally protectable rights in original software, documentation, methodology expression, selection and arrangement, compilations, signatures, brands and other Service materials. Underlying facts and third-party materials retain their applicable status and ownership. No copyright, database right, patent or trade-secret right is asserted beyond what law recognizes, and no third-party license is granted by implication.

On termination or loss of the relevant permission, stop new access and unauthorized use. Delete licensed cached outputs within thirty days except for legally required records, dispute evidence or express surviving rights. Retained records may be used only for those purposes, with access restricted; do not use this exception to continue a competing service or public archive.

Except for section 10 display or express written permission, you must not resell, sublicense, syndicate, redistribute, publish in bulk or provide Service Output as a feed, file, dataset, archive, data product or API, even when supplied without charge, delayed, modified, combined or supplied through an intermediary. Do not use accounts, keys or agents in combination to defeat these limits.

Without a separate written license, do not train, fine-tune or distill machine-learning models on Service Output, create a training corpus from it, or use it to construct, calibrate, benchmark, validate or operate a product that competes with the Service. This does not ban ordinary permitted inference-time retrieval or analysis that neither trains a model nor redistributes a competing dataset.

Do not reconstruct, approximate for redistribution, or enable extraction of an observed venue's raw quote stream, order book, trades or database from Service Output. Do not systematically bulk download beyond documented Plan Limits, defeat metering, scrape restricted interfaces, bypass access controls or continue using a revoked credential.

Do not reverse engineer non-public methods, weights, thresholds, signing secrets or security controls except where an applicable non-waivable right permits it. Publicly disclosed methodology and open-source components retain their stated permissions. Do not remove or falsify attribution, timestamps, tier labels, source counts, quality notices or signatures, or present a modified value as an unmodified Pulse print.

Do not impersonate Pulse or a venue, claim their endorsement, use the Service for unlawful manipulation or deceptive promotions, introduce malware, or conduct unauthorized security testing. Do not use it in safety-critical systems where failure could cause death or personal injury. Report suspected vulnerabilities privately to support@thepulse.markets rather than exploiting them.

Unauthorized extraction, disclosure or redistribution may cause irreparable harm. Pulse may seek injunctive or other equitable relief in addition to available damages, subject to the court's discretion, applicable proof requirements and any required bond. These Terms do not predetermine a court's findings.

Cache outputs only as needed for permitted use and within your Plan's published retention or historical-access permissions. A history endpoint or export does not grant an unrestricted perpetual archive or redistribution license. Preserve original time, tier and signature context and distinguish your computations from Pulse's outputs.

Keep reasonably sufficient compliance records for two years, unless a shorter period is required by law. Avoid storing unnecessary personal data or secrets. On reasonable notice, ordinarily no more than once yearly unless there is a credible breach concern, provide a written compliance statement and relevant supporting evidence through a secure channel. Pulse's requests must be proportionate and respect applicable confidentiality and data-protection law.

Pulse may use existing usage records, key identifiers and lawful non-price identifiers to investigate misuse. This clause does not authorize changing market prices for tracking or disclose a practice of embedding customer identifiers into public signed market records. No notice about tracing expands either party's rights to process personal data.

SELF-SERVE PLANS DO NOT AUTHORIZE using Index Values to settle financial contracts, determine payments owed to another person, margin or liquidate positions, value collateral or third-party assets, calculate net asset value, or perform regulated accounting or reporting. Before any such use, obtain a separate executed Pulse agreement that expressly specifies the use, methodology/version, eligible tiers, controls, service commitments and allocation of responsibility. Access, an invoice or a support reply is not that agreement.

INDICATIVE VALUES MAY NOT BE USED FOR THOSE PURPOSES. A signature, Consensus label, confidence interval or enterprise subscription alone does not establish suitability. Wrong, missing or delayed inputs can cause forced liquidation, insolvency, downstream disputes and irreversible losses disproportionate to subscription fees.

Do not use outputs as a regulated benchmark or in a regulated benchmark activity unless the use is expressly authorized in writing and every applicable legal requirement is satisfied. You must assess the EU Benchmarks Regulation and UK equivalent, as amended, and other regimes relevant to your activity with qualified advisers. A private agreement cannot waive registration, authorization, governance or other duties imposed by law on either party.

Even under a permitted separate agreement, you remain responsible for independent price verification, source and tier eligibility, timing and finality rules, fallback order, circuit breakers, error correction, dispute procedures and testing appropriate to the value at risk, unless that agreement expressly allocates a specified duty otherwise. Pulse does not assume a fiduciary or advisory role by discussing these controls.

Unauthorized use is a material breach. Subject to section 8's mandatory-law protection, you bear resulting reliance risk and the indemnity in section 19 applies to covered downstream claims. This section never changes Pulse consumer gameplay prices, locks, outcomes or settlement obligations.

Coverage, source selection, methodology versions, formats and supported features may change. Panel composition rotates without notice where needed for health, accuracy, security, legal or operational reasons. No configured venue count guarantees current contributors or continuing access to any named source.

Pulse may suspend or remove a source, affected output, endpoint or feature while investigating rights, security or quality concerns, including a venue complaint. Doing so is not an admission of liability or endorsement of the complaint. Customer use of existing outputs remains subject to applicable rights and any lawful restriction notice.

For other material changes affecting paid access, Pulse will use reasonable efforts to give advance console or email notice. Self-serve access includes no SLA or guarantee of uptime, latency, continuity or coverage. Express enterprise commitments, mandatory law and the refund provisions below remain controlling.

Beta, preview and experimental features are for evaluation, may be withdrawn and should not support critical decisions. Customers must design for refused requests, unavailable values and service interruption rather than assuming uninterrupted output.

Keep account information and authorized personnel current. Protect passwords, session tokens, API keys, OAuth tokens and webhook secrets; grant the minimum access needed. Do not expose credentials in client code, public repositories, URLs, logs or shared prompts. You are responsible for activity you authorize and for failures to take reasonable safeguards, subject to Pulse's own legal duties.

Use available key rotation and revocation promptly on suspected compromise. Notify support@thepulse.markets without undue delay and, where reasonably practicable, within twenty-four hours of discovering unauthorized access. Preserve relevant evidence securely without sending passwords, full API keys or unnecessary personal information in ordinary email.

Pulse may restrict access, revoke credentials or require verification to address misuse or threats. Such controls do not guarantee prevention of every incident. Personal information, security logs, usage metadata, provider processing and retention are described in the separate Verity Privacy Policy, not waived by this agreement.

Do not assume signing out, deleting a key or closing an account deletes billing, audit, security or other required records. Equally, market TAPE preservation does not justify indefinite retention of unrelated personal data. Privacy rights and lawful retention restrictions remain applicable.

Requests, streams and features beyond your Plan Limits may be rejected, throttled, queued or terminated. Implement documented retry/backoff and handle errors without evading controls. Pulse may impose additional proportionate protections when reasonably necessary for lawful, secure and stable operation.

Pulse's metering records are the basis for usage administration and are evidence of usage, subject to demonstrable error and mandatory law. Contact support@thepulse.markets promptly with a suspected discrepancy and non-sensitive supporting details; Pulse will review it. A console display is not permission to bypass an enforced limit.

Pooling accounts, credentials, addresses, agents or persons to defeat pricing or limits is prohibited. Paying a subscription does not buy unlimited source availability, unrestricted bulk extraction or additional intellectual-property rights.

The price, billing interval, renewal terms, taxes and included features presented at checkout or in an executed order govern your paid Plan. Where you authorize recurring billing, charges continue as disclosed until cancellation becomes effective. Do not assume a no-charge API key authorizes a paid upgrade.

Fees are non-refundable except as expressly promised, under section 18, or required by law. Cancellation generally prevents the next renewal and preserves access through the paid period shown by the billing system. The actual checkout and billing-portal disclosures control timing; contact support if a control is unavailable. You remain liable for properly incurred fees and applicable taxes, excluding taxes on Pulse's net income.

Pulse will give at least thirty days' notice of a self-serve recurring price increase before it applies at renewal, unless longer notice or renewed consent is legally required. You may cancel before the change takes effect. Additional services or changed charges require the authorization applicable to them.

Nonpayment, reversal or suspected fraud can result in restriction under section 18. Please contact support promptly about billing disputes so they can be reviewed, but nothing removes a lawful chargeback, cancellation or payment-dispute right or punishes its good-faith exercise.

You may stop use and cancel renewal through the available billing controls. Request account closure or personal-data assistance at support@thepulse.markets. Stopping API calls, revoking a key, cancelling billing and deleting personal information are distinct actions.

Pulse may suspend affected access immediately where reasonably necessary for a material breach, compromise, unlawful use, credible third-party rights complaint, unpaid fees or a binding legal requirement. Notice may be delayed where prohibited or where it would compromise investigation or security. Where practicable, Pulse will identify the issue and available remediation without disclosing protected information.

Pulse may terminate self-serve paid access for convenience on thirty days' notice with a pro-rata return of prepaid unused fees. For a material customer breach, refunds are limited to those required by law or an express agreement. Suspension does not authorize retaining fees contrary to mandatory law.

Accrued payment duties, lawful retained-record restrictions, ownership and confidentiality, prohibited redistribution, dispute provisions and the protections in sections 3 through 13 and 19 through 25 survive termination to the extent relevant to their purpose and lawful. Termination neither releases existing obligations nor prevents a person exercising mandatory rights.

TO THE MAXIMUM EXTENT PERMITTED BY LAW, YOU WILL DEFEND, INDEMNIFY AND HOLD HARMLESS THE PULSE PARTIES against third-party claims and resulting liabilities, damages, settlements and reasonable defense costs to the extent arising from your breach, unlawful use, unauthorized redistribution or training, misleading attribution, failure to provide required customer notices, or products and decisions for which you are responsible under this agreement.

Covered claims expressly include claims by an observed venue, exchange, data owner, customer or counterparty arising from your reconstruction or redistribution of a raw feed, your representations of sponsorship or rights, your unauthorized financial settlement or benchmark use, or your infringement of third-party rights. This clause does not establish any venue's consent, adjudicate its rights, or shift a claim caused solely by Pulse's own unlawful upstream acquisition to you.

Pulse will give reasonably prompt notice and cooperation, at your reasonable expense, and permit a diligent defense by counsel reasonably acceptable to Pulse. Delayed notice reduces an obligation only to the extent of material prejudice. Pulse may participate at its own expense and reasonably assume defense where a conflict, inadequate defense or threatened injunctive relief requires it; recovery of costs remains subject to the covered scope.

Do not settle with an admission, non-monetary obligation or unreleased claim against a Pulse Party without its written consent. Indemnity does not require reimbursement of a fine, penalty or liability where prohibited by law and does not defeat section 8's mandatory-law protections.

Pulse independently calculates the Index Values it publishes using observations and its own methodology. The intended product is a derived estimate and related Pulse evidence, not a verbatim substitute for an observed venue's raw quotes, trades, order book or feed. Inputs may influence or coincide with outputs. The terms derived, independent and transformative describe the product approach; they are not a court ruling, license or guarantee of non-infringement.

Source access can be public and credential-free without being unrestricted. Public accessibility, absence of an API key, mathematical transformation and combining many venues do not by themselves determine contractual permission or intellectual-property rights. These Terms neither certify that every source permits every commercial use nor grant you rights Pulse does not hold. They do not authorize circumvention of authentication, geographic restrictions, rate limits or other access controls, or breach of applicable source restrictions.

Third parties retain any applicable copyright, contractual, trademark, confidentiality and database rights. Pulse reserves legally available rights in its own original contributions and compilation only. EU Directive 96/9/EC and the UK's Copyright and Rights in Databases Regulations 1997 can apply to extraction or re-utilization, including repeated or systematic conduct; a derived label alone does not establish that a substantial part has not been used or that an exception applies.

In the United States, the status of facts, compilation authorship, copyright preemption and any surviving hot-news or other misappropriation theory depends on applicable law and the actual conduct. Pulse's independent computation and intended non-substitution are relevant facts, not a blanket immunity from those claims. No claim of fair use or preemption in customer communications may be presented as a legal clearance supplied by Pulse.

Venue names and marks, where used, identify sources or explain methodology. Their owners retain their marks. Unless expressly documented, no venue has endorsed, licensed, sponsored, certified or approved this Service or your product. You may accurately identify Pulse Verity as the source of a permitted output; do not describe it as an official venue feed, suggest a partnership, use venue logos without permission, or reconstruct and redistribute venue content.

VENUE RIGHTS AND DATA CLAIMS: send a notice to support@thepulse.markets with subject Verity Source Rights Notice. Identify the claimant and authority to act, source endpoint and material, affected output or URL, relevant dates, asserted right or contractual provision, supporting facts and requested action. Do not include credentials or unnecessary personal data. Pulse will route the notice for review, may request clarification, preserve proportionate evidence, and may restrict, remove or change an affected source or output while reviewing it. Where appropriate, Pulse will respond through the supplied contact. No automatic resolution deadline, admission, waiver, or obligation to continue disputed use is created.

Pulse can require customers to stop affected unauthorized redistribution, preserve relevant evidence lawfully and cooperate reasonably with a substantiated rights inquiry. This process supplements, and does not replace, formal legal service or any applicable statutory notice procedure. Third-party claimants retain their legal rights; they are not bound to Pulse's customer arbitration clause by sending a notice.

Each party remains responsible for legal duties applicable to its own conduct. You must comply with laws governing your use, including securities, commodities, derivatives, benchmarks, market conduct, consumer protection, privacy, sanctions and export controls. Do not offer the Service or outputs where your doing so is unlawful.

You are responsible for assessing your application and obtaining required licenses or approvals; Pulse does not give a legal opinion on your business. Conversely, your obligations do not remove requirements applicable to Pulse. A product description or contract cannot override a regulator's determination.

Pulse may restrict access or ask for proportionate eligibility information to comply with binding requirements. Cooperation with legal requests remains subject to applicable privacy, privilege, confidentiality and procedural protections. No clause requires disclosure prohibited by law.

Protect non-public information Pulse provides in confidence, including unreleased features, security details and non-public methodology, with at least reasonable care. Use it only for authorized purposes. This duty does not cover information lawfully public, already known without restriction, independently developed without the information, or lawfully obtained from another source.

If disclosure is legally required, limit it to what is required and, where lawful, give reasonable notice so protection can be sought. Nothing prevents protected reporting to a regulator, legal adviser or law-enforcement authority, exercise of statutory rights, or legally protected whistleblowing.

Neither party may imply endorsement or issue a press announcement for the other without written permission. Any permitted use of a customer's name or logo must be truthful, respect applicable rights and stop prospectively following a valid withdrawal or objection where required. Customer data is handled under the Privacy Policy, not an unrestricted publicity license.

These Terms are governed by the laws of the State of Wyoming, United States, without its conflict-of-laws rules and excluding the UN Convention on Contracts for the International Sale of Goods, except that applicable mandatory law remains effective and the Federal Arbitration Act governs enforceability of arbitration to the extent applicable.

Before commencing an ordinary contractual claim, send a dispute notice describing the issue, requested relief and contact details to support@thepulse.markets. The parties will attempt good-faith resolution for thirty days after receipt. This does not delay emergency relief, a regulator complaint or a filing needed to preserve a deadline; section 8 tolls the contractual period during this process.

Unresolved disputes between contracting parties will be finally resolved by one arbitrator under the American Arbitration Association Commercial Arbitration Rules, seated in Cheyenne, Wyoming, in English. Applicable mandatory consumer rules, fee protections and other non-waivable procedures take precedence where required. Judgment may be entered in a competent court. Fees and costs are allocated under applicable rules and law; nothing requires an unlawful cost burden.

TO THE EXTENT PERMITTED BY LAW, CLAIMS MUST BE BROUGHT INDIVIDUALLY, NOT AS A CLASS, COLLECTIVE OR REPRESENTATIVE PROCEEDING, AND EACH PARTY WAIVES TRIAL BY JURY FOR CLAIMS LAWFULLY SUBJECT TO THAT WAIVER. These restrictions do not bar legally protected public-injunctive relief, statutory privacy rights, non-waivable representative proceedings or complaints to authorities. If the individual-arbitration restriction cannot lawfully be enforced for a claim, that claim proceeds in court rather than class arbitration unless both parties agree otherwise.

Either party may seek protective injunctive relief for intellectual property, confidential information or security in a competent court, subject to applicable standards. For claims not subject to arbitration, the parties submit to competent state and federal courts in Cheyenne, Wyoming, except where mandatory law provides another forum. Disputes with a venue that never accepted these Terms are not made arbitrable by this clause.

You agree to receive ordinary Service communications through your account email and console, subject to legally required methods. Keep your address current. Notices to Pulse should be sent to support@thepulse.markets; receipt can be established by reliable delivery evidence, not only by discretionary acknowledgment. Formal service follows applicable law.

Substantive changes receive a new Terms version. New affirmative acceptance applies to that version; existing accounts are shown a reacceptance notice. Pulse will provide required notice and obtain any legally required assent before relying on a material change. A version bump alone is not proof that every customer accepted, and changes do not retroactively alter accrued claims or executed contract obligations.

Electronic acceptance and retained version/time records may evidence the agreement to the extent permitted by law. You may save or print the public documents at https://thepulse.markets/developers/terms and https://thepulse.markets/developers/privacy. Contact support for a relevant prior accepted version or a notice-accessibility issue.

FORCE MAJEURE. To the extent permitted by law, neither party is liable for delay caused by events beyond its reasonable control, including natural disaster, war, government action, widespread network or infrastructure outage and unlawful third-party attacks, provided it takes reasonable mitigation steps. This does not excuse accrued payment obligations or statutory duties that cannot be excused.

ASSIGNMENT. You may not transfer this agreement or your account without Pulse's written consent, except as mandatory law permits. Pulse may assign it with the Service in a reorganization or business transfer or to an affiliate able to perform it, subject to applicable law, notice and privacy obligations. Assignment does not retroactively change the agreed liability protections or erase accrued rights.

NO WAIVER AND SEVERABILITY. Failure to enforce a provision is not a waiver. A waiver must be specific and in writing. If a provision is invalid, it is limited or severed to the minimum lawful extent and the remainder continues, subject to the express arbitration treatment above. No construction permits a waiver prohibited by mandatory law.

NO THIRD-PARTY BENEFICIARIES. Except for Pulse Parties entitled to the express protections in sections 8, 9 and 19 to the extent enforceable, these Terms confer no contractual benefit on a third party. They neither bind observed venues nor extinguish their independent rights. The parties are independent contractors, not partners, agents, fiduciaries or joint venturers.

ENTIRE AGREEMENT. These Terms, applicable Plan/order terms and executed enterprise agreements constitute the agreement concerning this Service, with the conflict rule in section 1. The Verity Privacy Policy separately provides statutory transparency and does not limit data-subject rights. Mandatory law and liability for fraud are preserved notwithstanding any integration or non-reliance provision.

FEEDBACK. You permit Pulse to use voluntary non-confidential suggestions to improve the Service without compensation, but do not grant ownership of personal information, secrets or third-party material you lack authority to license. Do not include those materials in feedback. Contact Pulse Labs OpCo LLC at support@thepulse.markets for questions about these Terms.