Terms of Service

By using the Hydrex protocol's interface or services ("Hydrex", "we", "us"), you must meet all eligibility requirements and comply with all applicable laws. You represent and warrant that you are of legal adult age (at least 18 years old or the age of majority in your jurisdiction) and have the capacity to enter into this agreement. If you are under 16 years of age, you should not provide any personal information to us.

You also confirm that you are NOT: (a) located in, a citizen or resident of, or organized in any country or territory that is subject to comprehensive sanctions, nor (b) on any government-issued list of prohibited, sanctioned, or restricted parties (e.g. not listed on U.S. OFAC's SDN or similar sanctions lists).

If you are subject to such restrictions, you must not access or use Hydrex. You are solely responsible for ensuring that your use of Hydrex complies with all laws and regulations applicable to you. This means that even if we do not actively block your IP or if you use methods like a VPN to access Hydrex, you remain fully liable for any violation of legal or regulatory restrictions on your use of the service.

Hydrex is a decentralized "MetaDEX" platform operating via smart contracts on public blockchains (initially on Base). The interface we provide is just one means of interacting with the underlying protocol, which runs autonomously on blockchain smart contracts that we do not own, control, or alter. While our team may have contributed to developing the protocol's code, we do not custody user assets, do not execute trades on your behalf, and do not act as brokers or intermediaries in any transaction.

All trades, liquidity provision, or other interactions you perform occur directly on the blockchain via smart contracts and at your sole discretion and risk. We have no ability to undo, reverse, or modify any on-chain transaction once executed. When you use Hydrex, you are not buying, selling, or transacting with us as a counterparty – you are interacting with decentralized smart contracts or with other users, and Hydrex simply provides a user interface for convenience.

No developer or entity involved in creating or operating the Hydrex protocol will be liable for any outcomes or losses arising from your on-chain transactions or use of the protocol. In short, the protocol is provided "as is" and runs without any ongoing oversight or control by Hydrex; governance of protocol parameters may be community-driven (e.g. by token holders) and outside of our unilateral control.

Blockchain and cryptocurrency technologies are experimental and risky, and by using Hydrex you assume all such risks. You acknowledge that interacting with smart contracts and digital assets can result in significant financial loss or other damage. The value of tokens or NFTs is highly volatile and subjective, smart contracts may contain bugs or vulnerabilities, transactions may fail or be reversed due to network issues, and various other technical failures or attacks (e.g. protocol bugs, hacks, forks, or 51% attacks on a blockchain) could cause you to lose assets or suffer other harm.

You agree that you understand these risks and that you are engaging in these transactions voluntarily at your own risk. All blockchain transactions are irreversible and final. Once you execute a transaction (such as a swap, deposit, withdrawal, or transfer) via Hydrex's interface and it is confirmed on-chain, there are no refunds or undoing that transaction. You must carefully evaluate the smart contracts and digital assets you interact with; if you are not comfortable with the risk of total loss, do not use Hydrex.

Hydrex provides no guarantee that the platform will function as expected in perpetuity – outages, downtime, software bugs, or even permanent disruption of the service can occur due to factors beyond our control (e.g. attacks, surges in network activity, or infrastructure failure). We assume no liability for any of these risks or adverse outcomes, and by proceeding to use the platform, you accept and bear all risks associated with blockchain transactions.

Additionally, you are solely responsible for the security of your own blockchain wallets and private keys. Hydrex is non-custodial – we never have access to your private keys or funds. You must use your own self-custody wallet (e.g. MetaMask or others) to interact with Hydrex, and that wallet's security is entirely your responsibility. If you lose access to your wallet (for example, losing your private key or seed phrase) or if your wallet is compromised (hacked or accessed by unauthorized parties), we cannot recover your assets and are not liable for any resulting loss.

Keep your credentials secure; any transactions initiated using your wallet will be deemed authorized by you. We also recommend you exercise caution and due diligence when approving smart contract transactions – rogue or malicious third-party contracts could potentially misuse your permissions, and Hydrex is not responsible for any loss due to malicious third-party dApps or contracts you interact with, even if you accessed them through our interface.

When using Hydrex, you agree to use the platform only for legitimate and lawful purposes. Any illegal, fraudulent, or unauthorized activities are strictly prohibited. This includes (but is not limited to):

Engaging in any of the above prohibited activities may result in immediate suspension or termination of your access to Hydrex, and could also mean we report such activities to law enforcement or other authorities if appropriate. If you violate any law or any of these Terms while using Hydrex, you will be solely responsible for the consequences – Hydrex disclaims any responsibility or liability for user misconduct.

Hydrex may collect minimal data necessary for platform operation, including wallet addresses, transaction hashes, and usage analytics. We do not collect personal information beyond what is publicly available on-chain or what you voluntarily provide. Any data collection will be in accordance with our Privacy Policy and applicable data protection laws.

We may use cookies and similar technologies to improve your experience on our platform. You can control cookie preferences through your browser settings. We do not sell or share your personal data with third parties for marketing purposes.

The Hydrex name, logos, trademarks, and interface design are owned by us or our licensors. You may not use our intellectual property without our written permission. This includes reproducing, distributing, or creating derivative works of our copyrighted materials.

The underlying protocol code may be open source and subject to separate licenses. Where open source licenses apply, those license terms govern your use of the open source components. However, the user interface and associated proprietary elements remain our intellectual property.

Any feedback, suggestions, ideas, or other content you provide to us ("User Content") becomes our property. You grant us a perpetual, worldwide, royalty-free, non-exclusive license to use, modify, reproduce, distribute, and display such User Content without compensation or attribution to you.

You represent that any User Content you provide does not infringe on third-party rights and that you have the right to grant us the license described above. We reserve the right to remove any User Content that violates these Terms or applicable law.

Hydrex may integrate with third-party DEXs, bridges, oracles, wallet providers, and other blockchain services. We are not responsible for these third-party services and make no warranties about their performance, security, or availability. Your use of third-party services is subject to their respective terms and conditions.

Links to third-party websites or services are provided for convenience only. We do not endorse or assume responsibility for the content, products, or services offered by third parties. You should review the terms and privacy policies of any third-party services before using them.

The Hydrex protocol may be subject to decentralized governance by token holders or a decentralized autonomous organization (DAO). We do not control governance decisions and are not liable for governance outcomes that may affect the protocol's operation, parameters, or functionality.

Governance decisions may include changes to fees, supported assets, protocol parameters, or other operational aspects. Such decisions are made by the community of token holders and not by us. We reserve the right to update the interface to reflect governance decisions but are not obligated to do so.

Hydrex is provided to you "AS IS" and "AS AVAILABLE," without any warranty of any kind. We make no representations or guarantees that the service will be uninterrupted, error-free, or secure. To the fullest extent permitted by law, we disclaim all warranties and conditions, express or implied, regarding Hydrex and your use of it.

This includes disclaiming any implied warranties of merchantability, fitness for a particular purpose, title, and non-infringement. Use of Hydrex is at your own risk. You acknowledge that information and data on our platform may not always be accurate, complete, or current (for example, token prices or analytics), and we do not guarantee the accuracy or reliability of any content or third-party data displayed.

We do not warrant that the interface or any content is free from viruses or malicious components, although we take reasonable measures to secure the platform. No advice or information obtained from Hydrex or our team creates any warranty not expressly stated in these Terms.

All information presented on Hydrex (including token data, liquidity metrics, analytics, or any blog/research content) is for general information purposes only. Nothing on our platform constitutes investment, legal, or tax advice. Hydrex is not advising you to buy, sell, or hold any asset. We do not endorse or recommend any particular token, asset, or strategy that may be available through the platform.

You should not make financial decisions based on any information provided by Hydrex. Any display of token listings, rankings, "APY" yields, or other financial figures is not a solicitation or recommendation; it is often sourced from third-party data or the protocol's automated calculations, and it may be incomplete or contain errors.

You are solely responsible for your investment decisions. If you need advice, you should consult qualified financial or legal professionals who understand your personal situation. Hydrex disclaims any liability for outcomes of trades or investments you undertake after using our platform; trading and DeFi activities carry risk, and you must use your own judgment in evaluating them.

Under no circumstances will Hydrex, its core contributors, developers, affiliates, or partners be liable for any kind of damages or losses arising from or relating to your use of (or inability to use) the platform or protocol. This is a key condition of using Hydrex. We will not be responsible for:

In no event will our cumulative liability to you exceed $1,000 USD. Where certain liabilities cannot be fully disclaimed under law, we will limit them to the smallest extent allowed. By using the platform, you agree that you will not seek damages or remedies from us for any reason beyond what is stated here.

You agree to indemnify, defend, and hold harmless Hydrex and all persons associated with it (including our officers, directors, employees, contractors, affiliates, and agents) from any claims, losses, liabilities, damages, costs, or expenses (including reasonable attorney's fees) that arise out of or relate to: (a) your use of Hydrex or the protocol; (b) your violation of any of these Terms or any applicable law or regulation; (c) your violation of any rights of any other person or entity; or (d) any content or data you transmit using Hydrex.

In essence, if your use of Hydrex causes us to be sued or incur any expense due to your breach of these Terms or your illegal actions, you will be responsible for those costs. We reserve the right to assume the exclusive defense and control of any matter subject to indemnification by you, and you agree to cooperate with our defense of such claims.

We reserve the right to suspend or terminate your access to Hydrex at any time, with or without notice, if we determine (in our sole discretion) that you have violated these Terms or that your use of the service presents legal risk or potential harm to us or others. This means if you engage in any of the prohibited conduct mentioned above, or if we suspect you of fraud, illegal activity, or any behavior that could damage the platform or other users, we can immediately bar you from using Hydrex.

We may also do so if required by law or regulation, or even for no specified reason if we deem it necessary to protect our interests. Notably, if we suspect that you are using Hydrex in connection with money laundering, terrorist financing, sanctioned activities, or other illicit behavior, we reserve the right to take action, which can include blocking your access.

Conversely, you are free to stop using Hydrex at any time. You may simply discontinue accessing the interface. Keep in mind that terminating use of Hydrex does not undo your obligations under these Terms for the period you did use it.

By using Hydrex, you consent to receive communications from us electronically, including through email, the platform interface, or by posting notices on our website. You agree that all electronic communications satisfy any legal requirement that communications be in writing.

Electronic communications will be considered received when sent to your email address on file or when posted on our platform. It is your responsibility to ensure your contact information is current and to regularly check for communications from us.

We will not be liable for any delay or failure to perform our obligations under these Terms due to events beyond our reasonable control, including but not limited to acts of God, war, terrorism, riots, government actions, network attacks, blockchain forks, smart contract bugs, infrastructure failures, or other unforeseeable circumstances.

In the event of a force majeure situation, we will use reasonable efforts to notify users and restore service as soon as reasonably possible. However, we make no guarantees about the timeline for resolution of such events.

We may update or modify these Terms of Service from time to time, especially as needed to reflect changes in the law or in the Hydrex protocol's features. If we make material changes, we will endeavor to provide notice (for example, by updating the date at the top of this document, posting an announcement, or other means). It is your responsibility to review these Terms periodically.

By continuing to use Hydrex after an update to the Terms, you agree to be bound by the revised Terms. If you do not agree with any change, you must stop using the platform. Hydrex is an evolving platform in a fast-changing regulatory and technological environment; as such, we reserve the right to modify or discontinue any part of the Services at any time without liability to you.

These Terms (together with any additional guidelines or policies we publish) constitute the entire agreement between you and Hydrex regarding your use of the platform. They supersede any prior agreements or communications. No verbal or written information or advice given by any party can alter the terms of this Agreement.

Any failure by us to enforce a provision of these Terms is not a waiver of our right to enforce it in the future. If any provision of these Terms is held unenforceable or invalid, the remaining provisions will remain in effect to the fullest extent permitted by law.