Terms of Service

Acceptance of Terms

These Terms of Service ("Terms") are entered into by and between you and Mini App Labs, LLC ("Company", "we", "us", or "our"). The following terms and conditions govern your access to and use of 10X, including the application available at trade.10xperps.xyz, the website at 10xperps.xyz, and any associated tools, APIs, or interfaces (collectively, the "Services").

Please read these Terms carefully. By accessing or using the Services, or by clicking to accept or agree to these Terms when this option is made available, you accept and agree to be bound by these Terms and our Privacy Policy, which is incorporated into these Terms by reference.

If you do not agree to these Terms, you must not access or use the Services.

About the Services

10X provides a user interface that enables users to interact with smart contracts deployed on the Hyperliquid protocol ("Hyperliquid") in a self-custodial manner. The Services are designed to make it more accessible to interact with Hyperliquid, including to view market data, manage positions, and initiate transactions.

The Company does not develop or deploy the smart contracts on Hyperliquid that the Services interface with. Users can interact with the same smart contracts or Hyperliquid directly, including through other interfaces. We do not control or operate the underlying protocol or smart contracts and are not responsible for their availability, security, or continued operation.

The Company is not a custodian of your digital assets. We never hold, control, or have access to your funds. All transactions are signed and broadcast directly by you through your own self-custodial wallet. At no time will we have custody or control of any digital assets that you interact with through the Services.

The Company is not an exchange, broker, dealer, market maker, custodian, payment processor, lender, fiduciary, or virtual asset service provider. We have no oversight, involvement, or control over the transactions you choose to conduct via the Services. We do not execute trades on your behalf or facilitate the execution or settlement of your trades.

Who May Use the Services

By using the Services, you represent and warrant that:

• You are at least 18 years of age or the age of majority in your jurisdiction, whichever is higher.
• You are not barred from using the Services under any applicable law.
• You are using the Services only for your own personal use.
• You have the legal authority to enter into these Terms. If you are entering into these Terms on behalf of an entity, you represent that you have the authority to bind that entity.
• Neither you nor any person that owns or controls you is subject to sanctions or otherwise designated on any list of prohibited or restricted parties, including but not limited to lists maintained by the United Nations Security Council, the U.S. Government (including the Specially Designated Nationals List maintained by the U.S. Department of Treasury's Office of Foreign Assets Control and the Entity List maintained by the U.S. Department of Commerce), the European Union or its Member States, the United Kingdom, or other applicable government authority.
• You are not located in, ordinarily resident in, or a national of any country or region that is subject to comprehensive sanctions or embargo by the United States, United Kingdom, or European Union, including but not limited to Cuba, Iran, North Korea, Syria, and the Crimea, Donetsk, and Luhansk regions.

The Company reserves the right to suspend, limit, or terminate access to the Services for any user who violates these Terms, engages in unlawful activity, or poses a compliance risk, at its sole discretion and without prior notice.

Self-Custodial Wallets

The Services use Privy to create and manage embedded wallets. Your private keys are generated using multi-party computation (MPC) and are never stored in any single location. Neither the Company nor Privy can access your funds, move your assets, or reconstruct your full private key.

You are solely responsible for the security of your wallet and authentication credentials. If you lose access to your authentication method, you may permanently lose access to your wallet and any digital assets it contains. The Company cannot recover lost keys or restore access to your wallet.

You acknowledge and agree that the Company does not store and is not responsible for the security of your authentication credentials, and you agree to hold the Company harmless for any loss resulting from your failure to secure your credentials.

Fees

When you use the Services to interact with Hyperliquid, a service fee may be applied to each transaction through Hyperliquid's builder code mechanism. This fee is disclosed to you before you confirm any transaction.

You may also incur third-party costs outside of the Company's control, such as network gas fees required for blockchain transactions. You are responsible for ensuring that you have sufficient funds to complete any transaction before initiating it.

The Company reserves the right to change the fee structure at any time. Any changes will be reflected in the Services before you confirm a transaction.

Acceptable Use

You agree not to use the Services to:

• Violate any applicable law, rule, or regulation, including laws concerning the integrity of trading markets, anti-money laundering, anti-terrorism financing, and sanctions compliance.
• Engage in market manipulation, wash trading, spoofing, or any other deceptive trading practices.
• Transmit or exchange digital assets that are the direct or indirect proceeds of criminal or fraudulent activity.
• Exploit any errors, bugs, vulnerabilities, or unintended features of the Services or any associated smart contracts.
• Interfere with or disrupt the Services, including through denial-of-service attacks, overloading, or other harmful actions.
• Use automated means (bots, scrapers, etc.) to access the Services in ways that exceed reasonable usage or bypass rate limits, except to the extent expressly permitted.
• Circumvent or attempt to circumvent any security or access restrictions of the Services, including using VPNs or other tools to conceal your location or misrepresent your residency.
• Reverse engineer, disassemble, or decompile any part of the Services.
• Impersonate any person or entity, or falsely imply affiliation with the Company.
• Encourage or assist anyone in violating these Terms.

Intellectual Property

Unless otherwise indicated, the Services and all content, including source code, databases, functionality, software, designs, text, and graphics (collectively, the "Content"), and all trademarks, service marks, and logos contained therein (collectively, the "Marks") are owned or controlled by the Company or licensed to us.

You are granted a limited, non-exclusive, non-transferable, revocable right to access and use the Services for personal, non-commercial purposes in accordance with these Terms. You may not copy, reproduce, distribute, modify, create derivative works from, publicly display, or otherwise exploit the Content or Marks without our prior written consent.

Third-Party Services

The Services may contain links to or integrate with third-party websites, applications, protocols, and services, including but not limited to:

• Hyperliquid (hyperliquid.xyz) for trade execution and settlement
• Privy (privy.io) for wallet and authentication services
• World App (world.org) if you access 10X as a mini app

Your use of any third-party service is subject to that third party's own terms and privacy policy. The Company does not control, endorse, or assume responsibility for any third-party services. We are not liable for any loss or damage arising from your use of third-party services.

The Company cannot freeze, cancel, or otherwise modify any transaction that you execute through the Hyperliquid protocol or any third-party service.

Risk Disclosures

By using the Services, you acknowledge and accept the following risks:

• Trading risk. Trading perpetual futures involves significant risk. You can lose some or all of your deposited funds. Leveraged trading amplifies both potential gains and potential losses. The liquidation of your positions may occur rapidly in volatile market conditions.
• Digital asset volatility. Digital asset prices are extremely volatile and may fluctuate significantly in short periods. Past performance does not guarantee future results.
• Smart contract risk. The smart contracts on Hyperliquid may contain bugs, vulnerabilities, or exploits that could result in the loss of your digital assets. Transactions on the blockchain are irreversible.
• Self-custody risk. You are solely responsible for securing your wallet and authentication credentials. Lost keys cannot be recovered by the Company or any other party.
• Blockchain risk. The Hyperliquid blockchain and other networks may experience congestion, forks, failures, or other disruptions that could affect your ability to use the Services or access your digital assets.
• Regulatory risk. The regulatory status of digital assets and blockchain technology is unclear or unsettled in many jurisdictions. Regulatory changes could adversely affect the Services or your ability to use them.
• No insurance. Digital assets held in self-custodial wallets are not insured by any government deposit insurance program or any other insurance.

The Company does not provide investment, financial, legal, or tax advice. Nothing in the Services should be construed as a recommendation to buy, sell, or hold any digital asset. You are solely responsible for your trading decisions and should consult independent professional advisors before making investment decisions.

No Fiduciary Duties

These Terms are not intended to, and do not, create or impose any fiduciary duties on the Company. The Company owes no fiduciary duties or liabilities to you or any other party. To the extent any such duties or liabilities may exist at law or in equity, you irrevocably waive them. Your use of the Services does not create any partnership, joint venture, or agency relationship between you and the Company.

Disclaimer of Warranties

THE SERVICES ARE PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS WITHOUT ANY REPRESENTATION OR WARRANTY, WHETHER EXPRESS, IMPLIED, OR STATUTORY. TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, THE COMPANY DISCLAIMS ALL WARRANTIES, INCLUDING IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, AND NON-INFRINGEMENT.

THE COMPANY DOES NOT WARRANT THAT THE SERVICES WILL BE UNINTERRUPTED, ERROR-FREE, SECURE, OR FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS. THE COMPANY DOES NOT WARRANT THE ACCURACY, COMPLETENESS, OR TIMELINESS OF ANY INFORMATION PROVIDED THROUGH THE SERVICES, INCLUDING PRICE DATA, MARKET DATA, OR TRANSACTION ESTIMATES.

THE COMPANY DOES NOT MAKE ANY REPRESENTATIONS OR WARRANTIES REGARDING THE AVAILABILITY OR PERFORMANCE OF THE HYPERLIQUID NETWORK OR ANY OTHER BLOCKCHAIN NETWORK.

Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, THE COMPANY AND ITS AFFILIATES, OFFICERS, DIRECTORS, EMPLOYEES, AGENTS, AND REPRESENTATIVES (THE "COMPANY PARTIES") SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING BUT NOT LIMITED TO LOSS OF PROFITS, LOSS OF DATA, LOSS OF DIGITAL ASSETS, PERSONAL INJURY, OR PROPERTY DAMAGE, ARISING OUT OF OR IN CONNECTION WITH YOUR USE OF THE SERVICES, WHETHER BASED IN CONTRACT, TORT, NEGLIGENCE, STRICT LIABILITY, OR OTHERWISE, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

IN NO EVENT SHALL THE COMPANY PARTIES' TOTAL LIABILITY TO YOU FOR ALL DAMAGES EXCEED THE GREATER OF (I) THE AMOUNT OF FEES PAID BY YOU TO THE COMPANY IN THE TWELVE (12) MONTHS PRECEDING THE CLAIM, OR (II) ONE HUNDRED U.S. DOLLARS ($100.00).

SOME JURISDICTIONS DO NOT ALLOW THE LIMITATION OR EXCLUSION OF LIABILITY FOR CERTAIN DAMAGES, SO SOME OF THE ABOVE LIMITATIONS MAY NOT APPLY TO YOU.

Indemnification

You agree to indemnify, defend, and hold harmless the Company Parties from and against any claims, liabilities, damages, losses, costs, and expenses (including reasonable attorneys' fees) arising out of or relating to: (i) your access to or use of the Services; (ii) your violation of these Terms; (iii) your violation of any applicable law or regulation; or (iv) your violation of any rights of a third party.

Changes to the Services and Terms

We may modify these Terms at any time at our sole discretion. If we make material changes, we will notify you by updating the "Last Updated" date and, where appropriate, through a notice on the Services. Your continued use of the Services after any modification constitutes your acceptance of the modified Terms.

We may change, suspend, or discontinue any part of the Services at any time without notice. We will not be liable to you for any modification, suspension, or discontinuation of the Services.

Termination

We may terminate or suspend your access to the Services at any time, for any reason, without prior notice or liability. You may stop using the Services at any time.

Upon termination, all rights and licenses granted to you under these Terms shall immediately cease. The following sections will survive termination: Intellectual Property, Disclaimer of Warranties, Limitation of Liability, Indemnification, Dispute Resolution, and General Terms.

Dispute Resolution

Governing Law

These Terms shall be governed by and construed in accordance with the laws of the State of Delaware, without regard to its conflict of law provisions.

Mandatory Arbitration

PLEASE READ THIS SECTION CAREFULLY. IT AFFECTS YOUR LEGAL RIGHTS.

You and the Company agree that any dispute, claim, or controversy arising out of or relating to these Terms or your use of the Services (collectively, "Disputes") shall be resolved by binding individual arbitration, rather than in court, except that either party may seek injunctive or equitable relief in court to prevent infringement or misappropriation of intellectual property rights.

You and the Company waive the right to a trial by jury and the right to participate in a class action, collective action, or other representative proceeding.

Before initiating arbitration, you agree to first contact us at [email protected] to attempt to resolve the Dispute informally for at least 60 days.

Arbitration shall be administered by JAMS under its Comprehensive Arbitration Rules and Procedures. The arbitration shall be conducted by a single arbitrator, in English, and via videoconference or other remote means unless both parties agree otherwise. The seat of arbitration shall be Delaware.

If JAMS is unable or unwilling to administer the arbitration, the parties shall agree on an alternative arbitration provider, or either party may petition a court of competent jurisdiction in Delaware to appoint one.

The arbitrator's decision shall be final and binding and may be enforced in any court of competent jurisdiction.

Class Action Waiver

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, YOU AND THE COMPANY AGREE THAT ANY DISPUTES SHALL BE RESOLVED ON AN INDIVIDUAL BASIS ONLY, AND NOT AS A CLASS ACTION, COLLECTIVE ACTION, OR OTHER REPRESENTATIVE PROCEEDING. THE ARBITRATOR MAY NOT CONSOLIDATE OR JOIN THE CLAIMS OF OTHER PERSONS OR PARTIES.

Opt-Out

You may opt out of this arbitration provision by sending written notice to [email protected] within 30 days of first accepting these Terms. The notice must include your name, address, and a clear statement that you wish to opt out of arbitration. Opting out will not affect your ability to use the Services.

General Terms

Entire Agreement. These Terms, together with the Privacy Policy, constitute the entire agreement between you and the Company regarding the Services and supersede all prior agreements.

Severability. If any provision of these Terms is held invalid or unenforceable, that provision shall be enforced to the maximum extent permissible, and the remaining provisions shall remain in full force and effect.

Assignment. You may not assign these Terms without our prior written consent. The Company may assign these Terms to any affiliate or in connection with a merger, acquisition, or sale of assets.

Waiver. The failure of the Company to enforce any right or provision of these Terms shall not constitute a waiver of such right or provision.

Notices. We may provide notices to you through the Services, by email, or by other reasonable means. You may contact us at [email protected].

Language. These Terms are written in English. Any translated version is provided for convenience only. In the event of a conflict, the English version controls.

Contact

If you have questions about these Terms, please contact us at:

Mini App Labs, LLC
Email: [email protected]