Flipster VIP Program - 260121

• By participating in the “Flipster VIP Program - 260121” event, participants acknowledge and agree to comply with the following terms and conditions. 
• Flipster reserves the right to amend these terms and conditions as well as to vary or discontinue the  “Flipster VIP Program - 260121” event without prior notice; such changes are applicable to both new and existing participants.
   

Program

* Only applies to Trading Volume and not Asset Balance.

** Varies by Launchpool.
 

• Flipster VIP Program - 260121 award VIP status to users with trade volume with a value greater than or equal to 500,000 USDT or USD1 equivalent within a 30-day period.
• Trade Volume for both Spot and Perpetual Swap will be considered in the 30-day total trade volume.
• Only the portion of margin used and trading fees paid using a user’s own capital will be counted toward the VIP tier trade volume calculation.

  OR

• Flipster VIP Program - 260121 award VIP status to users with a combined 24-hour average wallet asset balance equal to or greater than 10,000 USDT-equivalent or USD1-equivalent.
  • The Asset Balance includes the combined value of all supported assets used as collateral under Cross Margin with Multi-Asset Collateral, namely: USDT, USDC, USDe, BTC, and ETH
  • The combined USDT wallet balance, USD1 wallet balance, and cross-asset collateral value are all aggregated and converted to USDT-equivalent for the purpose of VIP eligibility and reward distribution.
• VIP Status has an expiry date of 7 days from the moment that it is awarded
• Please note, however, that VIP Status refreshes as long as a combined wallet balance greater than or equal to 10,000 USDT or USD1 equivalent is maintained.
• Upon achieving the requirements to be awarded VIP status, the changes to VIP status will reflect the following day at 07:00 UTC.
• Kindly note that users who have unsubscribed from marketing communications will not receive the Concierge program invitation email. (Applicable for VIP 4, 5, 6, 7, 8, 9, 10 & 11)

Additional Notes on USDT and USD1 Calculations

• For trade volume calculations, both USDT-quoted and USD1-quoted perpetual swap contracts will be included, with USD1 volumes converted into their equivalent USDT value.
  • The aforementioned USDT value will be calculated based on the index price of USD1 at the time of trade execution.
• For asset balance calculations, USD1 and all supported assets (USDT, USDC, USDe, BTC, ETH) are converted into USDT-equivalent value using the index price at the time of the balance snapshot.
• The combined balance is used for VIP eligibility.

Timeline

• Program period for the “Flipster VIP Program - 260121” begins on 21 January 2026, 07:00 UTC, and will end when Fully Subscribed
   

Eligibility 

Flipster reserved the right to: 

• Terminate, suspend, or restrict your access to any or all of the Flipster services and or  accounts; 
• Terminate, suspend, or restrict your participation in any or all Events, Promotions, Campaigns, or Programs; 
• Terminate, suspend, or restrict your eligibility to receive any or all Rewards, Prizes, Giveaways, or Incentives;
• Refuse to complete or block, cancel, or, where permitted by applicable law, reverse any transaction you have authorized;
• Take whatever action we consider necessary, in each case with immediate effect and for any reason, including, but not limited to:

Flipster reasonably suspects that:

• The Flipster account has been or will be used for any abnormal, inappropriate, dishonest, illegal, fraudulent, or unauthorized purposes;
• The individual operating your Flipster Account is not you.
• More than one natural person has access to and/or transacts using the same Flipster account;
• Actions have been taken that may circumvent our controls, including but not limited to;
  • Operating multiple Flipster accounts without written consent 
  • Wash trading 
  • Volume faking
  • Market manipulation
  • Self-dealing 
  • Abusing Events, Promotions, Campaigns, or Programs
• Information provided by you is wrong, untruthful, outdated, or incomplete.

Liability 

• Flipster or its agents or employees shall not be held liable for any damages or losses arising from event participation. Participants hereby acknowledge and agree not to pursue claims against any damages, loss, or expense (including but not limited to participant’s information, software, computer, telephone, or any other electronic or telecommunication devices).
• In case of disputes, the decision of Flipster shall be final and conclusively binding.
• Flipster reserves the right of final interpretation of the event rule, including, but not limited to, the above-mentioned information regarding trading, funds, and any other risks.
• Should there be any inconsistency between the English and other language versions of these terms and conditions, the English version shall prevail.