Terms of Use

Last updated: March 2025

1. Acceptance of Terms

By accessing or using PerpX Finance ("the Protocol"), you agree to be bound by these Terms of Use. If you do not agree, do not use the Protocol.

2. Eligibility

• You must be at least 18 years of age

• You must not be a resident of any jurisdiction where the use of decentralized trading protocols is prohibited

• You are responsible for complying with all applicable local laws and regulations

3. Nature of the Protocol

PerpX Finance is a decentralized protocol deployed on Base Chain. The Protocol is governed by smart contracts and operates autonomously. No single entity has unilateral control over the Protocol's operations.

4. No Financial Advice

Nothing in the Protocol, documentation, or community channels constitutes financial, investment, tax, or legal advice. All trading decisions are made solely by users at their own discretion and risk.

5. Risks

Trading perpetual contracts and providing liquidity involves significant risk, including but not limited to:

• Market risk — Asset prices may fluctuate rapidly

• Liquidation risk — Leveraged positions may be liquidated

• Smart contract risk — Despite audits, smart contracts may contain vulnerabilities

• Oracle risk — Price feed delays or inaccuracies may occur

• Regulatory risk — Legal and regulatory frameworks may change

6. No Warranty

The Protocol is provided "as is" without any warranty of any kind, express or implied.

7. Limitation of Liability

To the maximum extent permitted by law, PerpX Finance and its contributors shall not be liable for any damages arising from the use of the Protocol.

8. Modifications

These Terms may be updated at any time. Continued use of the Protocol after changes constitutes acceptance of the updated Terms.