Terms of Service
Last updated: 20 November, 2025
These Terms of Service ("Terms") govern your access to and use of the mobile and web interfaces provided by DEX ("DEX", "we", "us", or "our"), including our trading interface, website, waitlist pages, and blog (collectively, the "Services").
Please read these Terms carefully. By accessing or using the Services, you agree to be bound by these Terms. If you do not agree, do not access or use the Services.
Important: DEX is a non-custodial interface that connects to the Hyperliquid decentralized exchange. We do not hold your funds and do not have access to your private keys. Trading and settlement occur on-chain, not on our servers.
These Terms are provided for general informational purposes and do not constitute legal, financial, or investment advice.
1. Who we are
- Brand name: DEX
- Registered location: Abu Dhabi, United Arab Emirates
- Contact email: contact@dex.org
2. Scope of the Services
The Services include, without limitation:
- A web interface where you can access trading functionality, a waitlist, and our blog;
- Mobile applications that provide a trading interface and related features;
- Any other online content, features, or functionality we make available under the DEX brand.
DEX provides a user interface that allows you to:
- Connect a wallet or account (via Privy or similar methods);
- View market data and your portfolio;
- Interact with the Hyperliquid decentralized exchange to place trades and manage positions.
We do not operate a centralized exchange, custody service, or fiat on-ramp/off-ramp.
3. Eligibility
By using the Services, you represent and warrant that:
- You have the legal capacity to enter into these Terms;
- You are using the Services on your own behalf and not for any prohibited person or entity;
- You are not located in, a resident of, or otherwise accessing the Services from any jurisdiction where your use of the Services would be illegal or where we have chosen to restrict access (see Section 4).
If you do not satisfy these conditions, you must not use the Services.
4. Restricted jurisdictions
You may not access or use the Services if you are located in, a resident of, or a citizen of any jurisdiction where we determine, at our sole discretion, that your use of the Services would be unlawful or present undue regulatory or other risk.
Without limiting the generality of the foregoing, you must not use the Services if you are located in or ordinarily resident in any jurisdiction subject to comprehensive sanctions or similar restrictions, including (for example):
- Cuba
- Iran
- North Korea
- Russia
- The Crimea, Donetsk, Luhansk, Zaporizhzhia, or Kherson regions of Ukraine
- Any other jurisdiction or region that we may designate or that is subject to similar sanctions or prohibitions under applicable law.
You are solely responsible for understanding and complying with all laws and regulations that apply to you in connection with your use of the Services.
5. Non-custodial nature and Hyperliquid integration
DEX is a non-custodial client that interfaces with the Hyperliquid decentralized exchange:
- We do not hold, control, or manage your digital assets.
- We do not have access to your private keys.
- Trading, positions, and settlement occur on-chain via the Hyperliquid protocol and the underlying blockchain.
When you use the Services:
- You authorize DEX to display information about your wallet(s), positions, and trades, which are derived from on-chain data and from Hyperliquid's public infrastructure.
- You understand that all on-chain transactions are public and irreversible once confirmed on the blockchain.
- Any digital asset transfers or trades you perform via DEX are executed by smart contracts or infrastructure not controlled by DEX.
We are not responsible for:
- The security of your wallets or private keys;
- Failures, bugs, or errors in the Hyperliquid protocol or underlying blockchain;
- Any loss of assets resulting from your own actions, transactions, or security practices.
6. Accounts, authentication, and self-custody
To use certain features, you may need to connect or create an account via third-party authentication mechanisms such as Privy or wallet connections.
By doing so, you acknowledge and agree that:
- Your wallet and associated credentials are managed by you and/or by the third-party provider (e.g., Privy), not by DEX.
- DEX does not access your private keys and cannot recover them if lost.
- You are solely responsible for safeguarding your credentials, devices, and wallets and for all activity that occurs under your account and address(es).
If you believe your account or wallet has been compromised, you should immediately take appropriate steps (such as revoking access, moving assets, or rotating keys) and contact us at contact@dex.org with relevant information.
7. Information we collect
Our collection and use of information is described in detail in our Privacy Policy, which forms part of these Terms.
In summary, consistent with that Policy:
- We may collect emails, usernames, referral codes, and optional profile images you choose to provide (for example, when connecting a Twitter profile);
- We may store and display your wallet addresses, on-chain transactions, positions, and trading history, which are inherently public on the blockchain and Hyperliquid;
- We use basic technical cookies or similar storage to operate the website and manage sessions;
- We do not collect IP addresses, device identifiers, KYC data, or analytics events such as screen views and button clicks.
For full details, please review our Privacy Policy.
8. No financial, investment, or legal advice
All content and functionality provided through the Services are for informational and technical purposes only.
You acknowledge and agree that:
- DEX does not provide financial, investment, trading, tax, or legal advice;
- Nothing on or through the Services constitutes a recommendation to buy, sell, or hold any digital asset or to use any particular strategy;
- You are solely responsible for your investment decisions and for any use of the Services.
You should consult your own professional advisers before making any financial, investment, or legal decisions.
9. High-risk nature of digital assets and trading
Trading digital assets and using decentralized finance protocols involve significant risk, including the possible loss of all assets.
By using the Services, you acknowledge and accept that:
- The prices of digital assets can be extremely volatile;
- You may lose some or all of your funds;
- Markets may be illiquid or subject to sudden price movements;
- Smart contracts, protocols, and infrastructure (including Hyperliquid and the underlying blockchain) may contain bugs, experience outages, or behave unexpectedly;
- Transactions on the blockchain are generally irreversible, and DEX cannot reverse or cancel them once executed.
You use the Services at your own risk.
10. Prohibited activities
You agree not to use the Services for any activity that is illegal, abusive, or contrary to these Terms. Without limitation, you must not:
- Use the Services in violation of any applicable law or regulation;
- Use the Services from or on behalf of a prohibited jurisdiction or sanctioned person;
- Engage in fraud, market manipulation, money laundering, or any other unlawful activity;
- Attempt to interfere with, disrupt, or harm the proper functioning of the Services or any underlying infrastructure;
- Reverse engineer, decompile, or otherwise attempt to derive the source code of any part of the Services, except to the extent such restrictions are prohibited by law;
- Use the Services to distribute malware or any malicious code;
- Misrepresent your identity or affiliation with any person or entity while using the Services.
We reserve the right (but are not obligated) to take actions we consider appropriate if we believe you have violated these Terms, including restricting or terminating your access to the Services.
11. Third-party services and links
The Services may reference or link to third-party websites, content, or services, including:
- The Hyperliquid protocol and related documentation;
- External wallets or authentication providers;
- Social media platforms and other external resources.
We do not control and are not responsible for these third-party services. Your use of them is subject to their own terms and policies, not ours.
12. Intellectual property
Unless otherwise indicated, all content, design elements, logos, and other materials available through the Services are owned by DEX or licensed to us and are protected by applicable intellectual property laws.
Subject to these Terms, we grant you a limited, non-exclusive, non-transferable, revocable license to access and use the Services solely for your personal, non-commercial use.
You must not:
- Copy, modify, distribute, or create derivative works based on the Services or any part of them, except as expressly allowed;
- Use any DEX trademarks, logos, or brand elements without our prior written consent.
13. Changes to the Services and Terms
We may update, modify, or discontinue any part of the Services at any time, with or without notice.
We may also update these Terms from time to time. When we do, we will update the "Last updated" date at the top. In some cases, we may provide additional notice within the app or on the website.
Your continued use of the Services after any changes to the Terms constitutes your acceptance of the updated Terms. If you do not agree to the changes, you must stop using the Services.
14. Disclaimers
To the maximum extent permitted by applicable law:
- The Services are provided on an "as is" and "as available" basis, without warranties of any kind, whether express, implied, or statutory.
- We make no warranties or representations about the accuracy, completeness, reliability, or availability of the Services or any content or data displayed through them.
- We do not warrant that the Services will be uninterrupted, error-free, secure, or free of harmful components.
- You are solely responsible for your use of the Services and any transactions you initiate via Hyperliquid or the underlying blockchain.
15. Limitation of liability
To the maximum extent permitted by applicable law, in no event shall DEX, its directors, officers, employees, or affiliates be liable for:
- Any indirect, incidental, special, consequential, or punitive damages; or
- Any loss of profits, revenue, data, or goodwill,
arising out of or in connection with your use of, or inability to use, the Services, whether based on contract, tort, or any other legal theory, even if we have been advised of the possibility of such damages.
To the extent we are found liable to you in connection with the Services, our aggregate liability shall be limited to the amount (if any) you have paid directly to us for your use of the Services in the twelve (12) months preceding the event giving rise to the claim, or, if greater, to the minimum amount required by applicable law.
16. Indemnification
You agree to indemnify, defend, and hold harmless DEX and its directors, officers, employees, and affiliates from and against any and all claims, liabilities, damages, losses, and expenses (including reasonable legal fees) arising out of or related to:
- Your use of the Services;
- Your violation of these Terms; or
- Your violation of any applicable law or the rights of any third party.
17. Governing law and dispute resolution
These Terms, and any dispute or claim arising out of or in connection with them or the Services, shall be governed by and construed in accordance with the laws of the United Arab Emirates, without regard to its conflict of law principles.
Any dispute arising out of or relating to these Terms or the Services shall be subject to the exclusive jurisdiction of the courts located in Abu Dhabi, UAE, unless otherwise required by applicable law.
18. Termination
You may stop using the Services at any time.
We may, at our sole discretion, suspend or terminate your access to all or part of the Services at any time and for any reason, including if we believe you have violated these Terms or engaged in unlawful or abusive behavior.
Upon termination:
- Your license to use the Services will immediately cease;
- These Terms will continue to apply to any obligations or liabilities incurred prior to termination.
Termination of your access to the Services does not affect the status of any on-chain transactions already executed or any assets held in your wallets.
19. Contact
If you have any questions about these Terms or the Services, you can contact us at: