Surge

Terms & Conditions

1. What Surge Is

  • Surge is a Bitcoin-native, non-custodial credit line protocol.
  • You can borrow against your Bitcoin.
  • Your Bitcoin stays on-chain in a Taproot-based vault.
  • Surge never takes custody of your assets.
  • All credit lines are verifiable on the Bitcoin blockchain.

We provide software. You control the keys.

2. Eligibility

  • You are 18 years or older.
  • You are legally allowed to use Bitcoin and lending products.
  • You are not located in a prohibited or sanctioned jurisdiction.
  • You are not on any government sanctions list.
  • You understand the risks of Bitcoin-backed lending.

3. Non-Custodial & User Responsibility

  • We do not hold your Bitcoin.
  • We cannot access, move, freeze, or recover your funds.
  • We cannot reverse transactions.
  • We cannot prevent liquidations.
  • If you lose wallet access, funds are permanently lost.

You are solely responsible for securing your wallet and managing liquidation risk.

4. Credit Lines & Liquidation

  • Credit lines are backed by Bitcoin collateral.
  • Loan terms (LTV, interest, duration) are displayed before use.
  • Health scores are calculated automatically.

If collateral value drops below required thresholds, liquidation is enforced by code and penalties may apply.

5. Fees

  • No fee to download or access the app.
  • Bitcoin network fees apply to on-chain transactions.
  • Liquidation penalties apply if liquidated.
  • All fees are shown upfront.

6. Risks You Accept

By using Surge, you acknowledge and accept Bitcoin price volatility, liquidation risk, software and smart contract risk, oracle and signer network risk, regulatory changes, and lack of insurance or government protection.

7. What We Do Not Do

  • Provide financial, investment, or tax advice.
  • Guarantee profits, prices, or outcomes.
  • Guarantee credit approval.
  • Insure your Bitcoin.
  • Act as a bank or custodian.

8. Third-Party Services

Surge interacts with third-party systems such as the Bitcoin network, oracles, signer networks, lenders, and block explorers. We are not responsible for failures caused by third parties.

9. Termination

  • You may stop using Surge at any time.
  • We may suspend or restrict access if required by law or policy violations.
  • Outstanding obligations continue after termination.

10. Limitation of Liability

To the maximum extent allowed by law, Surge is provided "as is" and we are not liable for lost Bitcoin, liquidations, market losses, indirect, or consequential damages.

11. Changes to These Terms

We may update these Terms from time to time. Continued use means acceptance of updates.

12. Governing Law

These Terms are governed by the laws of the State of California, USA, unless otherwise required by law.

13. Contact

Questions about these Terms? Email support@surge.credit.

Last Updated: April 20, 2026