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Safety & your funds

Slate is non-custodial. Your money sits in a wallet only you control, not in a Slate account we could freeze or spend. This page explains what that means in practice, and where the lines are drawn.

Your funds stay yours

When you sign in, Slate sets up a secure embedded wallet that belongs to you. Your balance lives there and on Hyperliquid, never in a pooled Slate account. Slate can’t move your funds out, can’t freeze them, and doesn’t lend them anywhere. Withdrawing is always available to you and free.

The trading agent, and its limits

So you don’t have to approve a pop-up on every take, Slate uses a trading agent: a separate signing key, authorised once, that can place the takes you initiate. Its powers are deliberately narrow.

  • It can open the takes you tap to commit, at market.
  • It cannot withdraw your funds, send them anywhere, or move money off Hyperliquid. Those actions need your own wallet, not the agent.
The split is the point: the agent makes trading quiet, while the keys that can actually move money never leave your hands.

Your keys, your exit

The embedded wallet is yours to keep. You can export its private key at any time from your account. The export opens in a secure Privy frame, so Slate never sees the key. With it you can control the wallet directly, independent of Slate. You are never locked in.

What Slate never does

  • Hold or pool your funds. They’re yours, in your wallet.
  • Decide outcomes. Markets settle on-chain against a stated source.
  • Add hidden costs. The one builder fee is shown before every take.
  • Sell your activity, or use red-and-green nudges to push you to trade.

Where Slate is available

Slate is not available in the United States, the United Kingdom, Singapore, Hong Kong, mainland China, Australia, or to people in OFAC-sanctioned jurisdictions. Access from those regions is restricted. This list can change as the regulatory picture does.

Take only what you can lose

Outcome markets carry real risk. A take that resolves against you returns nothing, and prices can move fast. Only commit money you’re comfortable losing, and treat the odds as one input to your own judgement. Slate is a tool for thinking in public, not financial advice.

Keep readingFAQShort answers to the questions people ask most.