Terms of Use

Last Updated: August 5, 2026

These Terms of Use (the “Terms”) set out the terms and conditions on which you are permitted to access, use, connect to, or otherwise interact with JTX, a self-custodial trading interface for the Solana blockchain made available at jtx.com, its associated subdomains, and any related applications (collectively, “JTX,” the “Platform,” or the “Interface”), together with the tools, features, and functionality made available through it (collectively, the “Services”). The Services are provided by IBRL Group, S.A., a corporation organized under the laws of the Republic of Panama (“IBRL Group,” “we,” “us,” or “our”).

In these Terms, “you” and “your” refer to any person who accesses, uses, connects to, or otherwise interacts with the Services. If you access or use the Services on behalf of a company or other legal entity, you represent and warrant that you have authority to bind that entity to these Terms, and “you” and “your” will refer to that entity.

By accessing, browsing, connecting a wallet to, or otherwise using the Services, or by indicating your acceptance of these Terms, you acknowledge that you have read, understood, and agree to be bound by these Terms and by our Privacy Policy, which is incorporated by reference herein. If you do not agree to these Terms, you must not access, use or connect to the Services.

PLEASE REVIEW THE TERMS CAREFULLY. BY ACCESSING, INTERACTING WITH OR USING ANY OF THE SERVICES, YOU AGREE THAT YOU ARE ABLE TO ENTER INTO A BINDING AGREEMENT AND, AS SUCH, HAVE READ, UNDERSTOOD, AND AGREE TO BE BOUND BY THE TERMS, INCLUDING THE BINDING, INDIVIDUAL ARBITRATION AGREEMENT, CLASS ACTION WAIVER AND JURY WAIVER BELOW (SEE SECTION XI (SECTION 11)). IF YOU DO NOT AGREE TO ALL OF THE TERMS, YOU ARE NOT AUTHORIZED TO INTERACT WITH, ACCESS, CONNECT TO OR USE ANY OF THE SERVICES.

THE SERVICES ARE PROVIDED ON A SELF-CUSTODIAL BASIS; WE DO NOT HOLD, CONTROL, OR HAVE ACCESS TO YOUR ASSETS OR PRIVATE KEYS. THE SERVICES ARE PROVIDED “AS IS” AND INVOLVE SIGNIFICANT RISK, INCLUDING THE RISK OF TOTAL LOSS. NOTHING IN THESE TERMS OR THE SERVICES IS AN OFFER, SOLICITATION, OR FINANCIAL PROMOTION, OR ANY INVITATION OR INDUCEMENT TO ENGAGE IN INVESTMENT ACTIVITY.

Modification of the Terms

We may modify these Terms at any time in our sole discretion. If we make changes, we will post the revised Terms within the Interface and update the “Last Updated” date. Any changes are effective upon posting unless we state otherwise. By continuing to access or use the Services after the revised Terms become effective, you agree to be bound by them. If you do not agree to the revised Terms, you must stop using the Services. You are responsible for reviewing these Terms periodically.

Our Privacy Policy describes how information about you is collected, used, and disclosed in connection with the Services. By using the Services, you acknowledge that you have reviewed the Privacy Policy. The Privacy Policy identifies the entity acting as data controller for the processing it describes, which may differ from the entity that contracts with you under these Terms.

Eligibility and Access

Age and Capacity

The Services are intended only for users who are at least eighteen (18) years of age and who have the legal capacity to enter into a binding contract. By accessing or using the Services, you represent and warrant that you meet these requirements and that you have the full right, power, and authority to enter into and comply with these Terms. If you are accessing or using the Services on behalf of another entity, you represent and warrant that you have the capacity and legal authority to do so.

Restricted Persons and Sanctions

You represent and warrant that you are not, and that you are not acting on behalf of, a Restricted Person as defined in these Terms. A Restricted Person is any person or entity that is: (a) the subject or target of any economic or trade sanctions administered or enforced by any governmental authority, including the U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”), the U.S. Department of State, the United Nations Security Council, the European Union or any of its member states, or His Majesty’s Treasury of the United Kingdom (collectively, “Sanctions Authorities”); (b) identified on any list of prohibited, blocked, debarred, or restricted parties maintained by a Sanctions Authority, including OFAC’s list of Specially Designated Nationals and Blocked Persons; (c) organized in, resident of, located in, or ordinarily a citizen of any country or territory that is itself the subject of comprehensive sanctions or embargo administered by a Sanctions Authority (including, as of the date of these Terms, Cuba, Iran, North Korea, Syria, and the Crimea, so-called Donetsk People’s Republic, and so-called Luhansk People’s Republic regions of Ukraine, and any other comprehensively sanctioned or embargoed region designated from time to time); or (d) owned or controlled by, or acting on behalf of, any of the foregoing. If at any time you cease to satisfy this representation, you must immediately stop accessing and using the Services.

You represent and covenant that you will comply with all applicable sanctions, anti-money-laundering, and counter-terrorist-financing laws on an ongoing basis throughout your access to and use of the Services, and you represent and warrant that the representations in this section are true each time you access or use the Services. We may freeze, restrict, suspend, or terminate your access, decline or, where technically possible and permitted, retain, disclose, and report information to, and otherwise cooperate with, regulators, law enforcement, and other competent authorities, in each case where we determine it necessary or appropriate to comply with applicable law or our internal risk and compliance policies. You acknowledge that we may be prohibited by applicable law from notifying you of, or explaining the reason for, any such action.

Jurisdiction-Specific Availability

The Services, and particular features of the Services, may not be available in all jurisdictions or to all persons. We may, in our sole discretion and at any time, restrict or limit access to the Services or to any feature or part of the Services by any person, geographic area, or jurisdiction. Certain features in the Services may be unavailable to you depending on your location, your status, or applicable law. The availability of the Services in any jurisdiction does not constitute an offer or solicitation of any financial or other transaction or service in any jurisdiction in which such offer or solicitation would be unlawful.

Your Compliance Obligations

You are solely responsible for ensuring that your access to and use of the Services, and any activity you conduct through them, complies with all laws, rules, and regulations applicable to you, including those relating to securities, commodities and derivatives, anti-money laundering, sanctions, consumer protection, and taxation. You agree that we have no obligation to inform you of any potential liability or violation of law that may arise in connection with your use of the Services, and that we are not responsible for your failure to comply with any applicable law.

Screening

We may, at our discretion or as required by applicable law, conduct sanctions screening, wallet screening, and anti-money-laundering checks in connection with your access to and use of the Services, and we may use IP-based geolocation and onchain analytics for these purposes. We may suspend, condition, or deny your use of or access to the Services, in whole or in part, pending or as a result of any such check, or where we suspect that the Services are being used in connection with unlawful activity.

No Circumvention

You must not use a virtual private network, proxy service, or any other technology or method to disguise your location, misrepresent your identity or residency, or otherwise circumvent or attempt to circumvent any geographic restriction, eligibility requirement, or other restriction we impose. By accessing or using the Services, you represent and warrant that you have not done so.

Suspension and Termination of Access

We may, at any time and in our sole discretion, with or without notice, suspend, restrict, modify, or terminate your access to all or any part of the Services for any reason or no reason, including any actual or suspected violation of these Terms or applicable law. We will not be liable to you for any loss or damage arising from, or in connection with, the Services being unavailable to you at any time or for any reason, or from any such suspension, restriction, modification, or termination.

The Services

Overview

JTX is a self-custodial interface that allows you to view market information and to initiate and manage transactions on Solana and on third-party protocols, infrastructure, and applications that operate on or in connection with Solana. We are not a counterparty, broker, dealer, exchange, trading facility, futures commission merchant, clearing agency, custodian, or money transmitter, and we do not match, execute, clear, or settle your transactions. Your transactions are executed on Solana and through software protocols, and are processed and validated by a decentralized set of validators and other network participants that we do not own, operate, or control. Pricing, routing, and other information displayed through the Interface is provided for informational purposes only and does not constitute an offer, solicitation, or recommendation by us.

We may add, change, suspend, limit, discontinue, or remove any part of the Services, including any feature, at any time and in our sole discretion, with or without notice. We will have no liability to you for any such change, and we do not guarantee that any feature described as forthcoming will be made available.

Your JTX Account and Embedded Wallet

You may create an account and authenticate using an email address or a supported third-party sign-in or wallet provider. When you create an account, a non-custodial embedded wallet (“JTX Wallet”) may be provisioned for you by an embedded-wallet provider, Horkos, Inc. d/b/a Privy (“Privy”), a third party. Your use of the JTX Wallet and of Privy’s services is subject to Privy’s own terms of service and privacy policy, which you should review. The JTX Wallet is non-custodial: you alone control it, and you may export its private key at any time for use with another wallet client. We do not generate, hold, escrow, or have access to your private keys, seed phrases, or credentials, and we cannot access, move, freeze, or recover the assets associated with your JTX Wallet.

Account Security; Unauthorized Access

You are responsible for maintaining the confidentiality and security of your account credentials, authentication methods, devices, email account, and any private keys or recovery materials associated with your access to the Services, and for all activity that occurs under or through your account or wallet, whether or not authorized by you. You must notify us promptly at [email protected] if you suspect or become aware of any unauthorized access to or use of your account, wallet, or credentials, or any other breach of security. We are not responsible or liable for any loss or damage arising from any unauthorized access to or use of your account, wallet, credentials, email, or devices, including any loss resulting from phishing, credential theft, SIM-swap attacks, malware, or the compromise or social engineering of you or of any third-party login, authentication, or wallet provider. We may, but are not obligated to, suspend or restrict access in response to a suspected compromise.

Self-Custody

At all times, you retain sole custody and control of your digital assets and the means of accessing them. We never take custody, possession, or control of your digital assets, private keys, or credentials, and we do not act for you in any capacity with respect to them at any time. You are solely responsible for securing your wallet, private keys, seed phrases, passwords, devices, and credentials, and for all activity that occurs through your account or wallet. Blockchain transactions are irreversible once confirmed. We cannot reverse, cancel, modify, or recover any transaction, and we cannot recover assets that are lost, stolen, or sent in error, or that become inaccessible because you have lost your keys or credentials.

You irrevocably release us and all of the IBLR Parties (as defined herein) from any claim arising out of or relating to your wallet, your keys or credentials, any transaction you initiate, or any loss of access to or value of your assets.

Deposits, Withdrawals, and Transfers

The Services may allow you to deposit digital assets from external wallets, to withdraw digital assets, and to transfer assets between accounts or subaccounts that you control. You are solely responsible for verifying all transaction details, including destination addresses, before initiating any transfer. Transactions sent to an incorrect or incompatible address, or on an incompatible network, may be unrecoverable. We do not guarantee that any deposit, withdrawal, or transfer will be completed, confirmed, or completed within any particular time.

Fiat On-Ramp and Off-Ramp

The Services may allow you to fund your account, or convert digital assets to fiat currency, using one or more third-party payment, card-processing, or on-ramp and off-ramp providers. Any such funding or conversion is a service provided by the applicable third party, not by us, and is subject to that third party’s terms, pricing, and identity-verification and compliance requirements. We are not responsible for the acts, omissions, availability, fees, or compliance of any such third-party provider.

Order Types

The Services may allow you to initiate spot trades and token swaps that are routed to, and executed through, third-party liquidity venues, protocols, and aggregators on Solana. Any prices, quotes, routes, slippage estimates, or price-impact figures displayed through the Interface are indicative and informational only, may change between display and execution, and are not guaranteed. We do not guarantee best price or best execution. You are responsible for any slippage tolerance or other parameters you select, and for the consequences of executing at prices that differ from those displayed.

The Services may offer various order types, including market orders, limit orders, and time-weighted average price (“TWAP”) orders, as well as related strategies and triggers such as stop-loss and take-profit. Some features may be in development, offered on a limited or “coming soon” basis, or modified or withdrawn at any time, and are provided without any warranty that they will function as described or be available. Certain order types may use signless execution, in which you authorize your JTX Wallet to submit qualifying transactions on your behalf without separately signing each one. You acknowledge that automated, conditional, or delayed execution involves additional risk, including the risk that an order does not execute, executes in part, executes at a price or time you did not anticipate, or fails due to network or third-party conditions. We do not guarantee the execution, fill, price, or timing of any order.

In addition to the order types mentioned above, “smart fill” is an optional order type that breaks a single order into a sequence of smaller slices submitted over a time period you select; the slice count and interval previewed on the Interface are indicative estimates only. Smart Fill requires that you enable automated trading and you are solely responsible for monitoring your settings, authorizations, and open orders and accept the risks of delegated and automated execution described in the “Assumption of Risk” section below. We do not guarantee the execution, fill, price, timing, completion, or any other outcome of a Smart Fill order or any slice thereof; an order may end fully filled, partially filled, cancelled, or failed, individual slices may be skipped, delayed, or fail, and we do not guarantee that slicing an order will reduce price impact or total cost or produce a better result than a single transaction, and in some cases it may produce a worse one. Any slippage tolerance, maximum price-impact ceiling, “stop if price runs away,” or similar setting is a protective parameter, not a guarantee: it may cause slices not to execute, may not trigger in time, and may not prevent loss. You may cancel a running Smart Fill order, but slices already executed are final and a slice already in progress when you cancel may still execute, and each confirmed slice is final and irreversible.

Good Trade

“Good Trade” is an informational feature that, for a limited and changeable set of eligible markets, compares the result of an eligible market-order fill against an estimate of what the same input might have returned on a single third-party centralized exchange (a “Reference Venue”) at approximately the same time, and where the on-chain result appears better — after accounting for the platform fee reflected in your result and an assumed (not actual) exchange taker fee applied to the reference — may display a notification and a shareable summary describing the estimated difference.

“Good Trade” data is provided for informational purposes only. Any figure, comparison, average price, estimated reference price, or percentage displayed is an estimate produced by replaying your input against periodically sampled, limited-depth order-book data from a single Reference Venue at one moment in time, and the data is provided by Third-Party Services we do not own, operate, or control, may be incomplete, delayed, inaccurate, or unavailable, is not the result of any actual order on any venue, and does not constitute a representation, warranty, or guarantee by us regarding pricing, best price, or best execution, which we do not guarantee.

Good Trade is not, and nothing it displays is, an offer, solicitation, inducement, recommendation, financial promotion, or advice, nor a claim or guarantee about any past, current, or future trade; a price improvement shown for one fill does not indicate, predict, or guarantee any result for any other transaction, and the absence of a notification does not mean a trade was unfavorable or that a better price was or was not available, since ineligible pairs and fills that do not meet the comparison threshold simply produce nothing.

You agree that you will not rely on Good Trade or any figure it displays for any trading, investment, or other decision, that you use it entirely at your own risk, and that you release the IBRL Parties from any claim arising out of or relating to Good Trade or your reliance on it.

Tokenized Equities and Other Real-World Assets

The Services may provide access to tokenized equities and other tokenized real-world assets, which have been created, issued, backed, administered, or made available by one or more third parties. We do not issue, offer, sell, underwrite, sponsor, endorse, or guarantee any of these products, and nothing in the Services constitutes an offer or solicitation by us to buy or sell any security or other instrument. These assets may constitute securities or other regulated instruments in your jurisdiction, may be available only to eligible persons, and may be unavailable to you depending on your location, your status, or applicable law. These assets involve significant risks, including risks relating to the issuer or sponsor, the custody, backing, or redemption of the underlying asset, divergence between the token and the underlying asset, liquidity, and changes in law or regulation. Information displayed through the Interface regarding these types of assets is informational only and is not investment, legal, or tax advice. By acquiring, holding, or disposing any of these assets through the Services, you represent and warrant that you are eligible to do so under all laws applicable to you, including any investor-eligibility or accreditation requirements, and that you are not doing so from, or as a resident of, any jurisdiction in which it is prohibited.

MEV Protect

“Maximal extractable value,” or “MEV,” refers to value that can be extracted from the ordering, inclusion, or exclusion of transactions in a block by network participants such as searchers, block builders, and validators—through various different practices. JTX has integrated a feature referred to as “MEV Protect,” under which certain transactions may be routed through the Jito Block Engine and/or the Block Assembly Marketplace (“BAM”), third-party infrastructure on Solana that uses private transaction submission and ordering within trusted execution environments together with verifiable sequencing, in a manner designed to reduce certain forms of transaction ordering.

This feature is designed to reduce certain risks; it does not eliminate or prevent them and cannot be relied upon to do so — and you represent and warrant that you are not relying upon this feature to do this. Nothing about this feature, the Jito Block Engine, BAM, or the Services guarantees the privacy, security, inclusion, ordering, sequencing, timing, execution, or landing of any transaction. These practices result from the actions of third party searchers, block builders, validators, relayers, or other network participants, any of which may act in their own interest or in a manner adverse to you, and none of which we can control.

The results of using MEV Protect depend on factors beyond our control, including network health, congestion, and latency; participant incentives and behavior; your configuration and settings; the operation of third-party software and hardware; wallet, account, and protocol compatibility; and protocol upgrades or forks. You assume all risks associated with submitting transactions on Solana and with the ordering, inclusion, and execution of your transactions, and you agree that we are not responsible or liable for any such outcomes.

Priority Fees and Jito Tips

The Interface may allow you to set a priority fee and/or a Jito tip in connection with your transactions. Higher priority fees and tips may increase the probability and speed with which a transaction is included in a block, but they do not guarantee inclusion, ordering, timing, execution, or protection against certain types of harmful transaction ordering. Priority fees and tips are paid to third parties, such as validators, are separate from any fees we may charge, and are generally non-refundable, including where a transaction fails or does not land.

Referral and Rewards Programs

We may, in our sole discretion, offer referral programs, rewards, promotions, or similar programs (each, a “Program”) from time to time. Each Program may be subject to additional terms, and we may modify, suspend, or discontinue any Program at any time without notice or liability. Unless we expressly state otherwise, any benefits under a Program have no cash value, are not guaranteed, may be subject to conditions, and may be reduced, cancelled, or forfeited at our sole discretion, and may be unavailable or restricted in certain jurisdictions. For the avoidance of doubt, we do not offer, promise, or guarantee any token, airdrop, points, or other reward, and no past, present, or future program creates any entitlement to, or expectation of, any token or distribution.

Beta and Early-Access Features

From time to time we may make features, tools, or functionality available on a beta, preview, trial, pilot, or other early-access basis (each, a “Beta Feature”). Beta Features are provided for evaluation, are not generally available, and may be incomplete or unstable and may be changed, suspended, or withdrawn at any time without notice. Beta Features are provided “as is” and without any warranty, service-level commitment, or support, and may carry additional risks, including the risk of errors, interruptions, data loss, or loss of assets. Your use of any Beta Feature is voluntary and at your own risk, and we will have no liability arising out of or relating to any Beta Feature.

Fees

We may charge fees in connection with your use of the Services. Applicable fees may be displayed in the Interface, and may change from time to time. By initiating a transaction through the Services, you authorize the deduction or payment of all applicable fees. Solana network and gas fees, priority fees, and Jito tips are determined by the network and by third parties, are separate from any fees we charge, are paid to third parties such as validators, and are your responsibility. Such amounts are generally non-refundable, including where a transaction fails, is dropped, or does not land. Except as required by applicable law, all transactions, fees, priority fees, and tips are final and non-refundable.

Assumption of Risk

Sophistication and General Risk

You represent and warrant that you are financially and technically sophisticated enough to understand the inherent risks of using cryptographic and blockchain-based systems and of trading digital assets, and that you have a working knowledge of how digital assets, wallets, and Solana operate. You acknowledge and agree that you access and use the Services entirely at your own risk.

Price Risk

Digital asset markets are nascent, highly volatile, and may be illiquid. The value of digital assets can change rapidly and unpredictably, and you may lose some or all of the value of your assets. Trading on margin or with leverage magnifies these risks and can result in the rapid and total loss of your collateral, including through liquidation. You are solely responsible for your trading and investment decisions and their consequences.

Technology, Blockchain and Protocol Risk

Blockchain and related technologies, along with the Services and the protocols, smart contracts, and infrastructure with which they interact, are novel, complex, and experimental, and may change, fail or behave unexpectedly.

Solana is a public blockchain. Transaction details, wallet addresses, balances, and related activity are publicly visible, are recorded permanently, and may be observed, collected, correlated, or analyzed by us and by third parties, including in ways that may be associated with you. We do not control, and are not responsible for, the visibility, persistence, or use by any person of information recorded on Solana or any other public network.

Smart contracts and protocols may contain bugs, errors, or vulnerabilities, and may be subject to exploits, hacks, oracle or bridge failures, and other security incidents that can result in loss of functionality and loss of funds. Solana and other networks may experience congestion, latency, downtime, forks, or other interruptions, and the cost and speed of transacting may change significantly at any time. The Services may rely on third-party software, hardware, and infrastructure that may fail or behave unexpectedly. You assume all such risks.

Where you enable signless, delegated, conditional, or automated execution (including limit orders, TWAP orders, or similar features), you authorize the Interface to communicate these transactions in accordance with your instructions and configured parameters, without separately prompting you to sign each transaction, and you accept the risks of such execution, including the risk of erroneous, duplicated, delayed, partial, or unintended transactions. Such authorization remains in effect until you revoke it or disable the relevant feature, and you are solely responsible for monitoring and managing your settings, authorizations, and open orders. You assume all risks associated with the experimental nature of the Services and with any delegated or automated execution.

Transaction Ordering and Validator Risk

Your transactions are ordered, included, and executed by third party validators and other network participants that we do not control, and may be exposed to various types of ordering and reordering. MEV Protect, priority fees, and Jito tips may reduce but do not eliminate any risks relating to transaction ordering, and we do not guarantee any outcome with respect to the ordering, inclusion, timing, execution, or landing of any transaction. You assume all such risks.

Irreversibility and Fees

Transactions on Solana are final and irreversible once confirmed. You are solely responsible for all network, gas, priority, and tip fees and for any protocol-level or third-party fees associated with your activity, regardless of whether a transaction succeeds. We cannot reverse, cancel, or modify a transaction once it has been submitted.

No Advice; No Fiduciary Duty

All information made available through the Services is for informational purposes only and does not constitute investment, financial, legal, tax, accounting, or other professional advice, or any recommendation to enter into any transaction. You should obtain independent professional advice before making any decision involving the Services. These Terms are not intended to, and do not, create any fiduciary, advisory, agency, or trust relationship between you and us, and to the fullest extent permitted by law we disclaim any such duties.

Taxes

You are solely responsible for determining, reporting, and paying any taxes that apply to your use of the Services and your activity on Solana, and for maintaining your own records. We do not provide tax advice, and we do not guarantee that any records, exports, or information generated through the Interface are accurate, complete, or available to you in perpetuity.

Prohibited Activities

Acceptable Use

You agree to access and use the Services only for lawful purposes, in a manner consistent with these Terms and all applicable laws, and in a manner that does not infringe the rights of, or restrict or inhibit the use of the Services by, any other person.

Prohibited Activities

You agree that you will not, and will not attempt to or assist or enable any third party to: (a) violate any applicable law, rule, or regulation, or facilitate or further any illegal activity; (b) breach these Terms; (c) infringe or misappropriate any copyright, trademark, patent, trade secret, right of publicity or privacy, or other proprietary or intellectual property right; (d) engage in any conduct that manipulates or attempts to manipulate a market or the integrity of trading, including spoofing, wash trading, layering, or the dissemination of false or misleading information; (e) defraud, deceive, or mislead us or any other person, or provide false, inaccurate, or misleading information; (f) engage in, facilitate, or further money laundering, terrorist financing, sanctions evasion, or the transfer of proceeds of unlawful activity; (g) offer, sell, or distribute securities, derivatives, or other regulated instruments to others in violation of applicable law; (h) introduce any virus, malware, or other harmful code, or otherwise interfere with or compromise the integrity, security, or operation of the Services or any related system; (i) gain or attempt to gain unauthorized access to the Services, other users’ accounts or wallets, or any system or network; (j) decompile, reverse engineer, disassemble, or otherwise attempt to derive the source code of the Services, except to the extent such restriction is prohibited by applicable law; (k) use any bot, scraper, crawler, or other automated means to access or extract data from the Services other than as expressly permitted, or in a manner that exceeds reasonable use or bypasses rate limits; (l) circumvent or attempt to circumvent any geographic restriction, eligibility requirement, or other restriction, including by disguising your location or identity; (m) exploit any bug, vulnerability, or unintended feature of the Services or any related protocol or system; or (n) use the Services in any manner that could disable, overburden, damage, or impair them or interfere with any other party’s use.

Enforcement of Terms

We have the right, but not the obligation, to monitor, investigate, and take action with respect to any conduct that we determine, in our sole discretion, may violate these Terms or applicable law or may harm the Services, us, or any other person. We may, without notice and in our sole discretion, restrict, suspend, or terminate your access to the Services, remove or disable access to content, and cooperate with or report to law enforcement or other authorities. We are not obligated to monitor the Services, but we may do so.

Intellectual Property

Ownership and License to You

We and our licensors own all right, title, and interest in and to the Platform and the Interface and their contents, including all software, text, graphics, designs, and the selection and arrangement thereof, and all related intellectual property rights, other than third-party content and the underlying protocols and networks. Subject to your compliance with these Terms, we grant you a limited, personal, revocable, non-exclusive, non-transferable, non-sublicensable license to access and use the Interface solely for its intended purpose. No other rights are granted, and you acquire no rights in the underlying protocols, networks, or Third-Party Services by using the Services.

Restrictions and Trademarks

Except as expressly permitted by these Terms or applicable law, you may not copy, modify, adapt, translate, distribute, sell, license, publicly display, reverse engineer, or create derivative works of the Interface or any of its contents. “JTX” and our other names, logos, and marks are our trademarks or those of our licensors; you may not use them without our prior written consent. Other names and marks appearing in the Services are the property of their respective owners.

Feedback

If you submit any suggestions, ideas, comments, or other feedback regarding the Services (“Feedback”), you grant us a perpetual, irrevocable, worldwide, royalty-free, transferable, sublicensable license to use, reproduce, modify, and otherwise exploit the Feedback for any purpose, without restriction or compensation to you. You represent and warrant that you have the rights necessary to grant this license.

Third-Party Services

Generally

The Services integrate with, rely on, or provide access to technology, infrastructure, protocols, applications, data, and services provided by third parties (“Third-Party Services”), which include, without limitation, Solana; the embedded-wallet provider; the Jito Block Engine and BAM; trading and liquidity protocols; issuers and providers of tokenized equities and other tokenized real-world assets; payment, card-processing, and on-ramp and off-ramp providers; and remote-procedure-call, oracle, market-data, charting, analytics, and cloud-infrastructure providers. We do not own, operate, or control Third-Party Services, and we are not responsible for their availability, accuracy, security, performance, acts, or omissions. Your use of any Third-Party Service is at your own risk and may be subject to separate terms and policies of the applicable third party, which you should review. References within the Services to any third party, including any reference indicating that the Services are powered by or built on particular technology, do not constitute an endorsement by, or grant you any rights in respect of, that third party, and do not make us responsible for that third party. We may add, change, or withdraw any integration at any time.

Solana

Solana is an open, decentralized, and permissionless blockchain network that we do not own, operate, or control, and that is not part of the Services. We have no ability to control or monitor your transactions on Solana, and we make no representation or warranty regarding Solana’s functionality, security, or availability. We expressly disclaim any liability arising out of or relating to any malfunction, failure, congestion, fork, or other condition of Solana.

Your Digital Assets

Your activity through the Services necessarily involves digital assets that you hold or control. Nothing in the Services permits us, at any time, to take custody of your digital assets or to interfere with any transaction you initiate. You are solely responsible for transactions involving your digital assets, and we expressly disclaim any liability for any loss, impairment, or change in value of your digital assets.

Connected Third-Party Wallets

In addition to the embedded JTX Wallet, the Services may allow you to connect or use a self-custodial or third-party wallet that you obtain from, and that is operated by, a third party. Any such wallet, and the software and services of its provider, are Third-Party Services that we do not own, operate, or control. We are not responsible for the security, availability, performance, or operation of any connected or third-party wallet, for the safeguarding of its keys or credentials, or for any loss arising from its use, and your use of any such wallet is at your own risk and subject to the applicable provider’s terms.

Disclaimers

“As Is” and “As Available”

THE SERVICES ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS, WITH ALL FAULTS AND WITHOUT WARRANTY OF ANY KIND. WE DO NOT WARRANT THAT THE SERVICES WILL BE AVAILABLE, UNINTERRUPTED, TIMELY, SECURE, OR ERROR-FREE, THAT DEFECTS WILL BE CORRECTED, OR THAT ANY INFORMATION MADE AVAILABLE THROUGH THE SERVICES IS ACCURATE, COMPLETE, RELIABLE, OR CURRENT.

No Warranties

TO THE FULLEST EXTENT PERMITTED BY LAW, WE AND THE OTHER IBRL PARTIES DISCLAIM ALL WARRANTIES AND CONDITIONS, WHETHER EXPRESS, IMPLIED, STATUTORY, OR OTHERWISE, INCLUDING ANY IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, QUIET ENJOYMENT, AND NON-INFRINGEMENT, AND ANY WARRANTIES ARISING FROM COURSE OF DEALING OR USAGE OF TRADE. WE MAKE NO WARRANTY REGARDING ANY THIRD-PARTY SERVICE, ANY PROTOCOL OR NETWORK, OR ANY CONTENT, DATA, OR PRICING PROVIDED BY THIRD PARTIES. SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OF CERTAIN WARRANTIES, SO SOME OF THESE EXCLUSIONS MAY NOT APPLY TO YOU.

No Offer or Solicitation; No Financial Promotion

Nothing contained in these Terms, on the Interface, or through the Services, and no information or material made available through them, constitutes or is intended to constitute an offer, solicitation, invitation, inducement, recommendation, or advice by us to buy, sell, subscribe for, hold, or deal in any digital asset, security, derivative, fund interest, or other financial instrument, or to engage in or refrain from any investment activity or transaction, in any jurisdiction.

All such information is provided for general informational purposes only, and you are solely responsible for any decision you make and for obtaining your own independent professional advice. You further acknowledge and agree that you are not relying, and have not relied, on any statement, representation, assurance, or promise made by us or on our behalf in deciding to access or use the Services or to enter into any transaction, that you have conducted your own independent investigation and evaluation, and that you have formed your own investment or trading thesis, if any, based on your own judgment and that of your own advisers.

Without limiting the foregoing, and for the purposes of the law of the United Kingdom: none of these Terms, the Interface, or any communication or material made available through the Services is intended to be, or should be construed as, a financial promotion, or an invitation or inducement to engage in investment activity. The Services are not directed at persons in the United Kingdom; and to the extent any communication made available through the Services were nonetheless to constitute a financial promotion, it is directed only at, and made available only to, persons outside the United Kingdom and any other persons to whom it may lawfully be communicated without approval.

Reverse Solicitation

We do not target, market, advertise, promote, solicit, or direct the Services to, and we do not offer or provide the Services on our own initiative to, any person located, resident, or established in the European Union or the European Economic Area (together, the “EU/EEA”) or in any other jurisdiction in which providing the Services would require an authorisation, licence, or registration that we do not hold.

If you are located, resident, or established in the EU/EEA or in any such other jurisdiction, you acknowledge, represent, and agree that you have sought out, approached, and engaged with the Services exclusively at your own initiative (on a “reverse solicitation” or “own exclusive initiative” basis); that we have not solicited, marketed to, advertised to, or directed any activity toward you; and that nothing in connection with the Services constitutes the marketing, offering, or provision of regulated services to you by us.

You further acknowledge and agree that any such reverse-solicitation basis is limited in scope, does not entitle us to market or provide to you any product or service other than the elements of the Services you access at your own initiative, and does not waive, limit, or override any mandatory protection or right to which you may be entitled under the laws of your jurisdiction. You are solely responsible for determining whether your access to and use of the Services is permitted under the laws of your jurisdiction, and for your compliance with those laws.

No Registration

We are not registered with any agency in any jurisdiction as a national securities exchange, a regulated financial services entity, or in any other capacity. You understand and acknowledge that we do not broker trading orders on your behalf. We also do not facilitate the execution or settlement of your trades, which occur entirely on Solana. As a result, we do not (and cannot) guarantee market best pricing or best execution through our Interface or when using any feature on the Interface. Any references in the Interface to "best price" do not constitute a representation or warranty about pricing available through the Interface, on Solana, or elsewhere.

Limitation of Liability

Exclusion of Certain Damages

TO THE FULLEST EXTENT PERMITTED BY LAW, IN NO EVENT WILL THE IBRL PARTIES BE LIABLE TO YOU FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, PUNITIVE, OR EXEMPLARY DAMAGES, OR FOR ANY LOSS OF PROFITS, REVENUE, GOODWILL, USE, DATA, OR DIGITAL ASSETS, OR FOR ANY LOSS ARISING FROM HACKING, TAMPERING, OR UNAUTHORIZED ACCESS, FROM ANY INTERRUPTION OR CESSATION OF THE SERVICES, FROM ANY MEV OR TRANSACTION-ORDERING OUTCOME, OR FROM ANY THIRD-PARTY SERVICE, IN EACH CASE ARISING OUT OF OR RELATING TO THESE TERMS OR THE SERVICES, WHETHER BASED IN CONTRACT, TORT, NEGLIGENCE, STRICT LIABILITY, OR ANY OTHER THEORY, AND EVEN IF WE HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

Liability Cap

TO THE FULLEST EXTENT PERMITTED BY LAW, THE AGGREGATE LIABILITY OF THE IBRL PARTIES ARISING OUT OF OR RELATING TO THESE TERMS OR THE SERVICES WILL NOT EXCEED THE GREATER OF (A) THE TOTAL FEES YOU PAID TO US FOR THE SERVICES IN THE TWELVE (12) MONTHS IMMEDIATELY PRECEDING THE EVENT GIVING RISE TO THE CLAIM, OR (B) ONE HUNDRED U.S. DOLLARS (US$100). THE LIMITATIONS IN THIS SECTION APPLY ONLY TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, AND SOME JURISDICTIONS DO NOT ALLOW CERTAIN LIMITATIONS, SO SOME OF THESE LIMITATIONS MAY NOT APPLY TO YOU. THE LIMITATIONS AND EXCLUSIONS IN THIS SECTION APPLY EVEN IF ANY REMEDY FAILS OF ITS ESSENTIAL PURPOSE, AND REFLECT AN AGREED ALLOCATION OF RISK THAT FORMS AN ESSENTIAL BASIS OF THE BARGAIN BETWEEN YOU AND US.

Release

As used in these Terms, the “IBRL Parties” means IBRL Group, S.A. and its affiliates, and each of their respective licensors, service providers, officers, directors, employees, agents, and representatives. To the fullest extent permitted by law, you release the IBRL Parties from, and waive any and all claims, demands, and damages (actual and consequential) of every kind and nature, known and unknown, arising out of or relating to: (a) your access to or use of the Services; (b) your interactions with Solana, any protocol, any validator or other network participant, or any Third-Party Service; (c) any transaction you initiate, any wallet, key, or credential, or any loss of access to or value of your assets; (d) any MEV or transaction-ordering, inclusion, timing, execution, or landing outcome; (e) your reliance on any information, pricing, or data made available through the Services; and (f) any regulatory, tax, or legal consequence of your use of the Services. You expressly disclaim the right to pursue any claims that you do not know or do not suspect to exist in your favor at the time of executing this release and that, if known by you, would have materially affected your waiver of such claims.

Indemnification

You agree to defend, indemnify, and hold harmless the IBRL Parties from and against any and all claims, demands, actions, proceedings, liabilities, damages, losses, costs, and expenses (including reasonable attorneys’ fees) arising out of or relating to: (a) your access to or use of the Services; (b) your breach of these Terms, or your violation of any applicable law or the rights of any third party; (c) any dispute between you and any third party, including any other user or any provider of a Third-Party Service; (d) your Feedback; and (e) any activity conducted through your account or wallet. If we receive a subpoena or other compulsory legal process relating to your use of the Services, you will reimburse us for our reasonable costs of responding, including reasonable attorneys’ fees.

We may, at our option, assume the exclusive defense and control of any matter subject to indemnification by you, in which case you agree to cooperate with us, and you will not settle any such matter without our prior written consent.

Dispute Resolution and Class Action Waiver

PLEASE READ THIS SECTION CAREFULLY. IT REQUIRES YOU TO RESOLVE DISPUTES WITH US THROUGH BINDING INDIVIDUAL ARBITRATION AND CONTAINS A CLASS ACTION WAIVER AND A JURY-TRIAL WAIVER.

Informal Resolution

Before commencing any arbitration or other proceeding, you agree to first contact us at [email protected] and provide a written description of the dispute, including your name, contact information, the nature and basis of the dispute, and the relief you seek (a “Notice of Dispute”). You and we will attempt in good faith to resolve the dispute informally for a period of thirty (30) days after the Notice of Dispute is received. If the dispute is not resolved within that period, either party may commence arbitration in accordance with this Section.

Binding Arbitration

Any dispute, controversy, or claim arising out of or relating to these Terms or the Services, including their existence, validity, interpretation, performance, breach, or termination, that is not resolved informally will be referred to and finally resolved by binding arbitration seated in Panama City, Republic of Panama, administered by the Centro de Conciliación y Arbitraje de Panamá (the Conciliation and Arbitration Center of Panama) in accordance with its arbitration rules in effect at the time, which are deemed incorporated by reference into this Section. The arbitration will be conducted in the English language before a single arbitrator, and the award will be final and binding and may be entered in any court of competent jurisdiction. The arbitrator has the exclusive authority to resolve any dispute relating to the interpretation, applicability, or enforceability of this arbitration agreement.

Class Action and Jury-Trial Waiver

YOU AND WE AGREE THAT EACH MAY BRING CLAIMS AGAINST THE OTHER ONLY IN AN INDIVIDUAL CAPACITY, AND NOT AS A PLAINTIFF OR CLASS MEMBER IN ANY PURPORTED CLASS, COLLECTIVE, CONSOLIDATED, OR REPRESENTATIVE PROCEEDING. THE ARBITRATOR MAY NOT CONSOLIDATE OR JOIN THE CLAIMS OF MORE THAN ONE PERSON AND MAY NOT PRESIDE OVER ANY CLASS OR REPRESENTATIVE PROCEEDING. YOU AND WE ALSO WAIVE ANY RIGHT TO A TRIAL BY JURY.

Time to File

Any claim arising out of or relating to these Terms or the Services must be commenced within one (1) year after the claim arose; otherwise, the claim is permanently barred.

Equitable Relief; Forum for Certain Claims

Notwithstanding the foregoing, either party may seek injunctive or other equitable relief in any court of competent jurisdiction to prevent the actual or threatened infringement or misappropriation of intellectual property rights or a breach of Section VI. We also retain the right to bring proceedings against you for breach of these Terms in the courts of your country of residence or any other relevant jurisdiction.

Severability

The waiver of class, collective, consolidated, and representative proceedings is an essential part of these Terms. If that waiver is held unenforceable as to any claim or request for relief, then that claim or request for relief will be severed and brought exclusively in a court of competent jurisdiction, and all remaining claims will continue to be resolved by arbitration. If any other provision of this Section is held invalid or unenforceable, it will be severed and the remainder of this Section will remain in full force and effect.

Miscellaneous

Governing Law

These Terms, and any dispute arising out of or relating to these Terms or the Services, are governed by and construed in accordance with the laws of the Republic of Panama, without regard to its conflict-of-laws principles. You agree that the Services are deemed to be provided from Panama, and that their availability in any other jurisdiction does not give rise to general or specific personal jurisdiction in any other forum.

Entire Agreement

These Terms, together with the Privacy Policy and any Supplemental Terms, constitute the entire agreement between you and us regarding the Services and supersede all prior or contemporaneous understandings and agreements, whether written or oral, regarding the Services.

Assignment

You may not assign or transfer these Terms or any of your rights or obligations under them, by operation of law or otherwise, without our prior written consent, and any attempted assignment in violation of this provision is void. We may freely assign or transfer these Terms, in whole or in part, without restriction, including to an affiliate or to a successor in connection with a merger, acquisition, reorganization, sale of all or substantially all of our assets, or other change of control, and you consent to any such assignment or transfer. These Terms bind and inure to the benefit of the parties and their permitted successors and assigns.

Severability

If any provision of these Terms is held to be invalid or unenforceable, that provision will be modified or severed to the minimum extent necessary, and the remaining provisions will remain in full force and effect.

No Waiver

Our failure to enforce any provision of these Terms is not a waiver of that provision or of our right to enforce it later. Any waiver must be in writing to be effective.

No Relationship

Nothing in these Terms creates any partnership, joint venture, employment, agency, fiduciary, or other relationship between you and us beyond the relationship expressly described in these Terms. Neither party is an agent of the other, and you may not hold yourself out as having any relationship with us other than as a user of the Services.

Force Majeure

We will not be liable for any delay or failure to perform resulting from causes beyond our reasonable control, including acts of God, natural disasters, pandemics, labor disputes, power or internet failures, network or infrastructure failures, blockchain or network congestion, halts, outages, forks, or reorganizations, validator, sequencer, relayer, or oracle failures or misbehavior, the depegging or failure of any asset or stablecoin, the failure or modification of any third-party protocol or service, cyberattacks or exploits, changes in or actions taken on Solana or any protocol, and governmental, regulatory, or legal actions.

Notices

We may provide notices to you through the Interface or by other reasonable means. You may contact us, and provide any notice required under these Terms, at [email protected]. Notices sent by email are deemed received on the date sent.

Survival

Any provision of these Terms that by its nature should survive termination will survive, including provisions regarding self-custody, assumption of risk, disclaimers, limitation of liability, release, indemnification, and dispute resolution.

Contact Us

If you have any questions about these Terms or the Services, you may contact us at [email protected].