Disclaimer
The single most important thing to know about Liquid State: we publish information, not advice. This page spells out exactly what that means.
Information, not financial advice
Everything Liquid State publishes — the Brief, live data and terminals, guides, charts, indicators, and community discussion — is information and education only. Nothing on this site is financial, investment, legal, accounting, or tax advice, a recommendation, a solicitation, or an instruction to buy, sell, or hold any asset.
We are not a broker-dealer, investment adviser, or financial planner, and we are not registered as one. Using the site does not create an advisory, brokerage, or fiduciary relationship between you and Liquid State.
No guarantees, no promises of profit
Trading and holding crypto assets involves substantial risk, including the total loss of your capital. We do not promise profit, returns, income, or any particular outcome.
Past performance — ours, a strategy’s, or anyone else’s — does not indicate future results. Where we mention a price or a level, we mean it as a level to watch given the current data, never as a forecast, target, or promise that price will get there.
You are responsible for your own decisions
You are solely responsible for your own trading decisions and risk management. Weigh anything you read here against your own circumstances, do your own research, and where appropriate consult a licensed professional before you act. Only risk what you can afford to lose.
Data can be delayed, incomplete, or wrong
We work from live market data — prices, order-book depth, funding, and open interest from OKX; real liquidation prints from OKX and Bybit; broader context such as market caps, dominance, and the Fear & Greed index from CoinGecko and Alternative.me — and we aim to describe it accurately.
Even so, data feeds can be delayed, incomplete, or inaccurate, and figures can change without notice. We make no warranty that any content, number, or calculation on the site is accurate, complete, or current.
Forward-looking commentary is opinion
Any commentary about what a market may, could, or might do is opinion and analysis — deliberately hedged, not a prediction stated as certainty. Reasonable analysts read the same data differently, and markets routinely do the unexpected.
Third-party content and links
The site links to third-party sites, tools, and data providers for convenience. We do not control or endorse them and are not responsible for their content, accuracy, or your dealings with them. Third-party market data remains subject to the terms of its original source.
This document is written in plain language and updated as Liquid State evolves. It is a general description of how we operate, not legal advice.