Terms of Service

1. Definitions

INDX

The decentralized finance protocol, including all smart contracts, interfaces, and related software.

Protocol

Smart contracts deployed on supported blockchains that enable INDX functionality.

Interface

Any website, application, or software that provides means to interact with the Protocol.

User

Any individual or entity that accesses or uses the Service.

2. Intellectual Property Rights

2.1 Protocol and Interface Ownership

The INDX Protocol smart contracts, Interface code, and all associated intellectual property, including algorithms, formulas, methods, processes, architectures, indices, adapters, and other technical elements are proprietary to INDX and its licensors.

2.2 Smart Contract IP Protection

The INDX Protocol smart contracts are protected works. While code may be visible on the blockchain, this visibility does not constitute a waiver of any rights or ownership.

2.3 Limited License

Subject to compliance with these Terms, INDX grants you a limited, non-exclusive, non-transferable license to access and use the Interface. This license does not include the right to:

Copy, modify, or create derivative works
Reverse engineer, decompile, or disassemble any aspect
Build similar or competitive products or services
Infringe on INDX’s intellectual property rights
Manipulate markets or engage in market abuse

3. Use of the Service

3.1 User Eligibility

Age Requirement

You must be at least 18 years old to use the Service.

3.2 Prohibited Jurisdictions

The Service is not offered to users in jurisdictions where its use would be contrary to applicable law. You are responsible for determining compliance with applicable laws in your jurisdiction.

3.3 Prohibited Activities

Legal Violations

• Violating applicable laws or regulations

• Money laundering or terrorist financing

• Fraud or illegal activities

Technical Violations

• Interfering with or disrupting the Service

• Unauthorized access attempts

• Exploiting vulnerabilities

Market Violations

• Market manipulation

• Wash trading

• Market abuse

Automation Violations

• Circumventing technical measures

• Unauthorized automated access

• Using non-provided interfaces

4. Protocol Risks and Disclaimers

4.1 Risk Disclosures

Smart Contract Risk

Smart contracts may contain bugs, vulnerabilities, or issues that could lead to technical failures or loss of funds.

Blockchain Risk

Blockchain networks may experience congestion, forks, or technical issues affecting transactions.

Market Risk

Cryptocurrency markets are highly volatile with rapid price fluctuations potentially resulting in significant losses.

Liquidity Risk

Insufficient liquidity may affect trade execution or price feed accuracy.

Oracle Risk

Price feeds and external data sources may be inaccurate, manipulated, or fail entirely.

Regulatory Risk

Changes in laws or regulations may adversely affect the Service’s operation or legality.

4.2 No Investment Advice

4.3 No Guarantees

INDX makes no guarantees regarding:

Service performance or functionality
Information accuracy
Financial returns or outcomes
Security or vulnerability protection

5. Disclaimers and Limitations of Liability

5.1 No Protocol Guarantees

INDX does not guarantee that the Service will be:

Uninterrupted or secure
Error-free or defect-free
Meeting your specific requirements
Providing accurate or reliable results

5.2 Limitation of Liability

Important Liability Limitations

Excluded Damages: INDX shall not be liable for indirect, incidental, special, consequential, or punitive damages, including loss of profits, data, or use.

Liability Cap: Total liability shall not exceed the amount paid by you for accessing the Service during the twelve (12) months preceding the cause of action.

6. Index and Zap Features

6.1 Index Creation and Management

When creating or interacting with indexes, you acknowledge:

Indexes are subject to market risks and may lose value
Index composition may change over time
Fees may apply to various operations
Performance depends on constituent tokens

6.2 Zap Features

When using zap features, you acknowledge:

Zaps involve multiple transactions subject to slippage
Actual output may differ from estimates
Gas costs may be higher than simple swaps
Not available for all tokens or pools

7. Indemnification

You agree to indemnify, defend, and hold harmless INDX from claims arising from:

Your use of the Service
Your violation of these Terms
Your violation of third-party rights
Any claim that your use caused damage to a third party

8. Governing Law and Dispute Resolution

8.1 Governing Law

8.2 Dispute Resolution

Disputes shall be resolved through binding arbitration administered by the International Centre for Dispute Resolution (ICDR) under the ICDR International Arbitration Rules. Arbitration proceedings shall be conducted in Panama City, Panama, in the English language.

8.3 Class Action Waiver

Individual Claims Only

All claims must be brought individually, not as part of any class, collective, or representative proceeding.

9. Modifications to Terms

INDX reserves the right to modify these Terms at any time. Changes will be communicated by:

Updating the date at the top of these Terms
Adding statements to our website
Sending notifications (when applicable)

10. Privacy and Data

10.1 Data Collection Practices

INDX operates as a decentralized protocol with minimal data collection:

On-Chain Data:

All transactions and protocol interactions are recorded on public blockchains
We may aggregate publicly available blockchain data for analytics and reporting
Wallet addresses and transaction history remain publicly viewable on-chain

Off-Chain Data:

Basic website analytics (page views, usage patterns)
Technical information (browser type, device information) for service optimization
No personal identification information is collected or stored

What We Don’t Collect:

Names, email addresses, or personal identification
Financial information beyond public blockchain data
Location data beyond general geographic regions for compliance
Private keys or wallet access credentials

10.2 Data Usage

Data collected is used solely for:

Service operation and improvement
Transaction processing and reporting
Legal compliance and security
Protocol analytics and optimization

We do not sell, rent, or share personal data with third parties, except:

As required by law or legal process
To protect our rights or the rights of others
With service providers necessary for protocol operation

11. Miscellaneous

11.1 Entire Agreement

These Terms constitute the entire agreement between you and INDX regarding the Service.

11.2 Severability

If any provision is unenforceable, it will be limited to the minimum extent necessary while keeping other Terms in effect.

11.3 Assignment

You may not assign these Terms without prior written consent
INDX may freely assign these Terms

11.4 Force Majeure

INDX shall not be liable for delays due to circumstances beyond reasonable control, including natural disasters, war, network failures, or other uncontrollable events.