Bitwise JupLend Optimizer Vault

Vault Curation Services are offered by Bitwise Investment Manager, LLC (“Bitwise”). While Bitwise is an SEC-registered investment adviser, many curation services are not regulated activities and, even if they are, registration with the SEC does not imply SEC endorsement of Bitwise, any vault, or any vault strategy. The curation role, including the scope of authority, the nature of recommendations, and the relationship to the vault operator, may differ across vault strategies, platforms, and underlying assets.

Informational Purposes Only; No Advice; No Advisory Relationship. This page is for informational purposes only and is not personalized for your particular circumstances or investment needs. Nothing on this page constitutes an offer to sell, or a solicitation of an offer to buy, any security, financial instrument, or digital asset in any jurisdiction where such offer or solicitation would be unlawful, nor does it constitute investment, financial, legal, or tax advice. Unless specifically contracted in writing, Bitwise has no advisory, fiduciary, or client relationship with vault depositors or prospective depositors. No regulatory protections afforded to Bitwise’s advisory clients extend to vault depositors (although vault depositors may have legal protections in their specific jurisdiction and nothing herein is intended to dissuade persons from exercising any rights they have at law). Prior to depositing into any vault, each participant must undertake its own independent examination and investigation of the merits and risks involved, including the risks described below, and must base its decision, including a determination of whether participation would be suitable, on such examination and investigation. Participants should carefully consult their own professional advisers before depositing.

Eligibility. Vault curation services and the vaults accessible through this page are available only to eligible persons as defined in the Bitwise Onchain Terms of Use. Services are not offered or available to any person or in any jurisdiction where such access or participation would violate applicable law, including applicable sanctions, anti-money laundering, or securities laws. Product-specific eligibility restrictions, including geographic restrictions, may apply.

Risks of DeFi Vault Participation. Participation in vaults involves substantial risk, some of which are summarized below, including the potential loss of all deposited assets. Participation is not suitable for all persons; you should not participate unless you can afford to lose your entire deposit.

DeFi vaults rely on smart contracts, which may contain vulnerabilities or bugs despite security audits. Price data is provided through oracles, which may deliver inaccurate, stale, or manipulated feeds that could lead to mispricing, unwanted liquidations, or bad debt. Vaults may employ leverage, which amplifies both gains and losses; leveraged positions may be liquidated automatically by third-party protocols at unfavorable prices. Participants may experience bad debt if collateral values decline too quickly for liquidations to occur; such losses may be shared among users of the same vault. Liquidity risk may affect participants if funds are temporarily unavailable for withdrawal during periods of high demand or market stress.

Vaults interact with third-party protocols, asset issuers, and service providers whose failure, insolvency, or operational disruption could result in losses. The regulatory treatment of digital assets, DeFi protocols, and tokenized securities is uncertain and evolving; regulatory changes could affect vault operations, token transferability, or availability. The tax treatment of DeFi vault deposits, vault tokens, and related transactions is uncertain and varies by jurisdiction; you are solely responsible for all tax obligations.

Unlike FDIC-insured banks backed by the full faith and credit of the United States Government, DeFi vaults are not insured by the FDIC, SIPC, or any other governmental or private insurance program. There is no guarantee of return of deposited assets.

Performance and Returns. Target yields and returns are variable and not guaranteed; actual returns may be zero or negative. The performance information provided is historical and is not a prediction of future performance or a guarantee of future results. PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. The value of deposits can go down as well as up. Performance may vary substantially over time. The graphs, charts and other visual aids are provided for informational purposes only.

Third-Party Information. Certain information on this page is based on or derived from information provided by independent third-party sources. Bitwise believes that the sources from which such information has been obtained are reliable; however, it cannot guarantee the accuracy of such information and has not independently verified the accuracy or completeness of such information or the assumptions on which such information is based. Bitwise does not represent or warrant the accuracy or completeness of any information provided by third parties. Bitwise is under no obligation to update, revise, or correct any information contained on this page. The inclusion of any link does not constitute an endorsement, authorization, sponsorship, affiliation or monitoring by Bitwise with respect to such linked site.

Terms of Use. By depositing into any Bitwise-curated vault, you agree to be bound by the Bitwise Onchain Terms of Use, available at https://onchain.bitwiseinvestments.com/tou, which upon deposit form a binding agreement between you and the Bitwise Group.