Terms of Service

You must be at least eighteen (18) years of age to access or use the Platform. By using the Services, you represent and warrant that you meet this age requirement.

You may not access or use the Platform if you are a "Prohibited Person," defined as any individual, entity, or group that:

• (a)Is identified on any sanctions list, restricted party list, or denied persons list administered or enforced by any governmental or intergovernmental authority, including but not limited to the U.S. Treasury Department's OFAC, the EU Consolidated Sanctions List, and the UN Security Council Consolidated List;
• (b)Is located in, resident of, incorporated in, or operating from any jurisdiction subject to comprehensive economic sanctions, trade embargoes, or similar restrictions, or designated as a state sponsor of terrorism;
• (c)Is owned, controlled by, or acting on behalf of any person or entity described in (a) or (b);
• (d)Intends to route the benefits of the Services to any such person or entity.

You are solely responsible for ensuring your access to and use of the Platform complies with all applicable laws, regulations, and rules of the jurisdiction(s) in which you reside, operate, or from which you access the Services. Igniz makes no representation that the Platform is appropriate or lawful for use in every jurisdiction.

If you are accessing the Services on behalf of a legal entity, you represent and warrant that: (a) you are duly authorized to bind that entity to these Terms; (b) you agree to these Terms on both your individual behalf and on behalf of the entity; and (c) the entity is not a Prohibited Person and is not located in a Restricted Jurisdiction.

Igniz operates as a non-custodial decentralized exchange ("DEX") that facilitates on-chain trading of digital assets, including perpetual contracts and spot instruments, through an automated protocol. Igniz does not hold, manage, or take custody of your assets at any point.

The underlying smart contracts and on-chain infrastructure that power the Igniz protocol operate autonomously and are not under the direct operational control of the Platform at all times. You acknowledge that the Platform interface is one means of interacting with the protocol and that the protocol itself operates independently.

Nothing in these Terms creates, and no aspect of the Services shall be construed as creating, a fiduciary, advisory, agency, or custodial relationship between you and Igniz. All trading decisions are made by you independently and at your sole discretion.

Subject to your compliance with these Terms, Igniz grants you a limited, personal, revocable, non-transferable, non-sublicensable, and non-exclusive right to access and use the Services solely for your own, lawful, non-commercial purposes. This license does not include the right to redistribute, resell, sublicense, or make the Services available to any third party.

Any documentation, research materials, guides, interfaces, and other content made available through the Platform ("Content") is provided solely to facilitate your use of the Services. You may access such Content for personal reference only. No other rights in or to the Content are granted.

Access to the Platform may be interrupted, suspended, or terminated at any time without prior notice, including for maintenance, updates, security events, regulatory requirements, or other operational reasons. Igniz assumes no liability for any interruption in access.

Engage in wash trading, spoofing, layering, front-running, cross-market manipulation, or any other conduct that distorts market integrity or artificially influences the price, volume, or orderbook depth of any digital asset.

Reverse engineer, decompile, disassemble, scrape, crawl, or otherwise attempt to extract source code, data structures, or proprietary information from the Platform through automated or non-automated means, without express written consent.

Deploy, transmit, or facilitate any virus, worm, trojan, ransomware, denial-of-service attack, or other malicious code or process that could disrupt, damage, or impair the Platform, its users, or any related infrastructure.

Submit false, misleading, or deceptive information, impersonate any person or entity, or otherwise attempt to defraud Igniz or any other user of the Services.

Access or use the Platform in violation of any applicable sanctions program, anti-money laundering ("AML") regulations, counter-terrorism financing ("CTF") laws, or other financial compliance requirements.

Use the Platform to transmit, upload, or distribute any content that infringes upon or misappropriates any intellectual property rights, including copyrights, trademarks, patents, or trade secrets.

Use the Services to facilitate any activity that is illegal under applicable law, including unauthorized securities activity, money laundering, tax evasion, or any other criminal offense.

Create or operate any service, website, or interface designed to mimic or impersonate the Igniz Platform, its branding, or its user interface for any deceptive or unauthorized purpose.

You interact with the Platform using a compatible, self-custodial digital wallet that you own and control. Igniz does not operate, control, or have access to your wallet or private keys.

You are solely responsible for: (a) safeguarding your private keys and wallet credentials; (b) authorizing only intended transactions; and (c) ensuring that your wallet is compatible with the Platform. Any transaction signed with your private keys is your sole responsibility. Lost keys, unauthorized access to your wallet, or user error in transaction construction will not give rise to any liability on the part of Igniz.

Your use of any third-party wallet is governed exclusively by the terms and policies of that wallet provider. Igniz makes no representations regarding the security, functionality, or availability of third-party wallets and expressly disclaims all liability arising from their use.

Certain features or interactions may rely on or integrate with third-party protocols, bridges, or networks that Igniz does not control. Igniz assumes no responsibility for failures, downtime, or losses arising from such third-party dependencies.

Digital asset markets are highly volatile. The value of any asset you trade may fluctuate significantly in short periods, and you may lose all or a substantial portion of your holdings.

Perpetual contracts involve specific and material risks, including but not limited to:

• —Forced liquidation of positions due to insufficient margin or collateral;
• —Losses arising from funding rate payments;
• —Losses from automatic deleveraging mechanisms ("ADL") during periods of extreme market stress;
• —Basis risk between the contract price and the underlying spot price.

The Platform relies on smart contracts that, despite undergoing review, may contain vulnerabilities, bugs, or exploits. Interactions with smart contracts carry inherent risks of loss, including from third-party attacks or protocol-level failures.

All transactions executed on-chain are irreversible once confirmed. Igniz cannot reverse, cancel, or modify transactions after submission.

The regulatory treatment of digital assets, decentralized protocols, and blockchain-based financial products continues to evolve. Changes in applicable laws or regulations may adversely affect the Services or the utility and value of digital assets.

The Platform depends on third-party infrastructure, including blockchain networks and internet service providers, which may experience congestion, downtime, or failures outside Igniz's control. Igniz is not liable for any losses resulting from such conditions.

All information available through the Platform, including market data, pricing, and documentation, is provided solely for informational purposes and does not constitute financial, investment, legal, tax, or any other form of professional advice. You should seek independent professional counsel before making any financial or legal decisions in connection with digital assets or the Services.

You agree to indemnify, defend, and hold harmless Igniz and its officers, directors, employees, contributors, agents, and affiliates from and against any claims, actions, proceedings, damages, liabilities, losses, costs, and expenses (including reasonable legal fees) arising out of or relating to: (a) your access to or use of the Services; (b) your breach of any provision of these Terms; (c) your violation of applicable law or the rights of any third party; or (d) any transaction you initiate or authorize through the Platform.

All intellectual property rights in and to the Platform, including the user interface, branding, software, documentation, and Content, are owned by or licensed to Igniz. Nothing in these Terms transfers any such rights to you, except for the limited license expressly granted in Section 3.

If you submit suggestions, feedback, or ideas regarding the Platform, you grant Igniz a perpetual, irrevocable, royalty-free, worldwide license to use, incorporate, and implement such feedback in any manner without obligation or compensation to you.

All trademarks, service marks, logos, and trade names associated with Igniz are the exclusive property of Igniz. You may not use any such marks without prior written consent.

Before initiating any formal proceeding, you agree to first attempt to resolve any dispute with Igniz informally by submitting a written description of your claim to the contact address provided in Section 12. The parties agree to make good-faith efforts to resolve the matter within thirty (30) days of receipt of such notice.

If a dispute cannot be resolved informally within the period specified in Section 9.1, any and all claims, disputes, or controversies arising out of or relating to these Terms, the Platform, or any transactions conducted through the Services shall be exclusively resolved through final and binding arbitration on an individual basis, conducted by a recognized arbitration body before a single arbitrator in English, and may be conducted remotely.

Notwithstanding the foregoing, either party may seek emergency injunctive or equitable relief from a court of competent jurisdiction to prevent irreparable harm pending the outcome of arbitration, including in connection with intellectual property claims or unauthorized use of the Platform.

Each party shall be responsible for its own arbitration costs, subject to any applicable rules of the arbitration body. Where required by applicable law, Igniz may cover filing or administrative fees to prevent the arbitration process from becoming prohibitively expensive.

Igniz reserves the right to modify these Terms at any time. Material changes will be communicated via a notice on the Platform or through other reasonable means. The updated Terms will take effect upon posting or on such later date as indicated. Your continued use of the Platform following notice of any changes constitutes your acceptance of the revised Terms.

Igniz may, in its sole discretion, suspend or permanently terminate your access to the Services at any time, with or without notice, for reasons including but not limited to: (a) breach of these Terms; (b) provision of false or misleading information; (c) suspected fraudulent, illegal, or harmful activity; or (d) compliance with applicable law or regulatory requirements.

All provisions of these Terms that by their nature should survive termination shall do so, including without limitation Sections 6, 7, 8, 9, and this Section 10.

Igniz shall not be liable for any failure or delay in performance due to circumstances beyond its reasonable control, including acts of God, natural disasters, pandemics, war, cyberattacks, government actions, blockchain network failures, or disruptions to telecommunications or internet infrastructure.

If any provision of these Terms is found to be unlawful, void, or unenforceable under applicable law, that provision shall be severed from these Terms without affecting the validity or enforceability of the remaining provisions.

Failure by Igniz to enforce any right or provision under these Terms shall not constitute a waiver of that right or provision, nor shall it prevent enforcement of such right or provision in the future.

Igniz may assign or transfer its rights and obligations under these Terms without restriction. You may not assign or transfer any of your rights or obligations under these Terms without Igniz's prior written consent. Any purported assignment in violation of this Section is null and void.

These Terms, together with any policies expressly incorporated herein by reference, constitute the entire agreement between you and Igniz with respect to the subject matter hereof and supersede all prior or contemporaneous agreements, representations, and understandings.

Section headings in these Terms are for convenience only and do not limit or affect the interpretation of the provisions to which they relate.