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# Cookie Policy

Effective date: 2026-10-11

Summary (not legally binding): The site uses PostHog analytics, which stores an identifier in your browser. There are no advertising cookies.

## What is used

- PostHog analytics (optional, third party): stores an identifier in your browser cookies or local storage to measure page views and performance. It persists for up to about one year.

The site does not use advertising or cross-site tracking cookies and has no login, so it sets no essential session cookies.

## Opting out

You can block or delete cookies and local storage in your browser settings, or turn on your browser's Do Not Track or Global Privacy Control setting. Blocking analytics does not affect your ability to use the site.

## More information

See the [Privacy Policy](/privacy).

Papyrus is a simulation tool. Results are hypothetical, are not based on actual trading, and do not predict or represent future results. Papyrus does not provide investment, legal or tax advice, does not execute trades or hold customer funds. Market data is provided by third-party sources and may be delayed, incomplete or inaccurate.

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