Terms of Use

Last updated: October 16, 2026

These Terms of Use ("Terms") are a contract between you and Bloxwap, Inc. ("Bloxwap", "we", "us", or "our"). You and Bloxwap are the parties to this contract. They govern your access to and use of the Bloxwap interface, including the websites at bloxwap.com and bloxwap.app, the web, iOS, and Android apps, and any other software, content, or services we make available (collectively, the "Services"). By accessing or using the Services, you agree to be bound by these Terms. If you do not agree, do not use the Services.

Effective: October 16, 2026

Bloxwap, Inc. is a Delaware corporation. Office address: 2261 Market Street STE 73647, San Francisco, CA 94114, United States. Send legal notices to support@bloxwap.com.

1. What Bloxwap isCopy Anchor Link

Bloxwap is an app for trading on the Hyperliquid protocol (the "Protocol"). Bloxwap does not hold your funds and cannot withdraw or transfer them without your wallet authorization. You control your wallet and its keys, whether you connect an external wallet or use an embedded wallet created through Privy.

When you enable trading, you approve a Hyperliquid agent key that lets Bloxwap software place, modify, and cancel orders on your behalf. The agent key is separate from your wallet key. It cannot withdraw your funds or transfer them to another wallet, and you can revoke its approval on Hyperliquid. The current web and mobile apps store this agent key on your device. The agent may move USDC between balances within your own Hyperliquid account to fund trading, including HIP-3 margin. Revoking approval does not cancel existing orders or close positions.

Trades execute on Hyperliquid. The Protocol matches orders and handles margin, settlement, and liquidation. Bloxwap is not an exchange or a counterparty to your trades. Hyperliquid and its related entities are not parties to these Terms and do not sponsor Bloxwap or its promotions.

Papertrade markets (third-party venue). Where available, Bloxwap also offers markets run by Papertrade, a third-party venue on HyperEVM that is not part of the Protocol. Papertrade markets trade real USDC; they are not Demo mode. There is no order book: every Papertrade trade settles against Papertrade's house liquidity pool (the "Papertrade LP") at a price taken from Hyperliquid's best bid and offer. The Papertrade LP, not Bloxwap, is your counterparty. Bloxwap software forwards the requests you authorize to Papertrade's relayer, which submits them on chain. Papertrade and its related entities are not parties to these Terms, and Papertrade's own terms also apply.

When you enable Papertrade trading, Bloxwap software creates a Papertrade session key on your device, and your Bloxwap embedded wallet signs once to register it with Papertrade. For up to 30 days the session key lets Bloxwap software open and close your Papertrade positions and cancel pending Papertrade requests without another wallet prompt. Bloxwap software does not use it to withdraw your Papertrade balance; withdrawals need your wallet signature. The app cannot currently revoke a session key. Each key expires 30 days after registration. To revoke one sooner, use Papertrade's revokeSessionKey on papertrade.xyz or directly on HyperEVM; it is an on-chain transaction that needs HYPE for gas. Clearing site data or switching devices only deletes the copy on your device, and the key stays registered until it expires or is revoked.

Bloxwap software requests third-party deposit and withdrawal routes and may relay actions you authorize. Relay handles conversion and bridging on the SOL-to-USDC deposit route; Bloxwap's server requests the route rather than performing the swap itself. Some routes use other providers, including Daimo. Review the route, destination, and costs before you authorize a transfer.

Nothing in the Services is investment, financial, legal, or tax advice. You are responsible for your trading decisions, wallet security, and the risks of using the Services and Protocol.

2. EligibilityCopy Anchor Link

You may only use the Services if:

• You are at least 18 years of age (or the age of majority in your jurisdiction, whichever is greater).
• You have the legal capacity to enter into these Terms.
• You are not a citizen, resident, or located in any Restricted Jurisdiction (defined below), and you are not accessing the Services on behalf of a person or entity that is.
• You are not subject to sanctions administered by the United Nations, the United States (including OFAC), the European Union, the United Kingdom, or any other applicable sanctions authority, and you are not on any sanctions or denied-persons list.
• Your use of the Services does not violate any law, regulation, or third-party right.

By using the Services, you confirm that each of the above is true and will remain true for as long as you use the Services.

Restricted JurisdictionsCopy Anchor Link

Restricted Jurisdictions are organized in three tiers. We may, in our sole discretion, reclassify, add, or remove jurisdictions at any time and without notice.

Tier 1 — Blocked jurisdictions. Access to the Services is prohibited from, and you may not use the Services if you are a citizen or resident of, or located in: the United States of America, the United Kingdom, the member states of the European Union, Singapore, Japan, Australia, Brazil, or South Korea.

Tier 2 — Sanctions-risk restrictions. These are jurisdictions we block for sanctions or related risk reasons; this label does not mean each is subject to a comprehensive embargo. You may not use the Services if you are a citizen or resident of, or located in: Cuba, Iran, North Korea, Syria, Russia, Belarus, or the Crimea, Donetsk People's Republic, and Luhansk People's Republic regions of Ukraine.

Tier 3 — Watchlist. The following jurisdictions are not currently Restricted Jurisdictions, but are under active review and may be added to Tier 1 or Tier 2 at any time, with or without notice: the United Arab Emirates, Hong Kong, India, and the U.S. territories and possessions (including Puerto Rico, Guam, the U.S. Virgin Islands, American Samoa, and the Northern Mariana Islands). If you access the Services from a watchlist jurisdiction, you acknowledge that access may be restricted or withdrawn at any time, and you are solely responsible for reviewing these Terms for changes.

The restrictions above also apply to any other jurisdiction where the use of derivatives, perpetual contracts, or the Protocol is prohibited or unlawful.

3. Risk DisclosureCopy Anchor Link

Trading derivatives, including perpetual contracts, is extremely risky and may result in the total loss of your assets. By using the Services you acknowledge and assume the following risks, among others:

• Market risk. Prices of digital assets are volatile and can move against you sharply and without warning.
• Leverage and liquidation risk. Margin and leverage magnify both gains and losses. With cross margin, liquidation can consume all funds in your trading account, not just the margin for one position. The Protocol may auto-deleverage positions, including profitable ones.
• Smart-contract and protocol risk. The Protocol is governed by smart contracts that may contain bugs, exploits, or unexpected behavior. Bloxwap has no ability to recover funds lost to smart-contract failure.
• Operational risk. Block-producer outages, RPC failures, network congestion, oracle failures, and other operational events may delay, block, or alter the execution of your orders.
• Regulatory risk. Laws on crypto assets and derivatives can change. Changes may restrict or end access to Bloxwap, the Protocol, tokens, or rewards.
• Bridge and swap risk. Third-party routes can fail, become delayed, or return less than estimated because of price changes, fees, or liquidity. Incorrect networks or addresses can cause loss.
• Stablecoin risk. USDC can lose its dollar peg or be frozen by its issuer.
• Agent risk. An approved agent can place trades that lose money even though it cannot withdraw funds. Protect your device and revoke approvals you no longer need.
• Embedded-wallet risk. Privy outages, lost login access, or account deletion can prevent access to your wallet through the app. Export your keys securely or move funds before deletion.
• HIP-3 market risk. Independent deployers can set market fees, oracles, and other parameters. These markets carry additional third-party risk.
• Papertrade market risk. Papertrade markets allow up to 1000× leverage on isolated margin. A position is liquidated about 5 bps before its equity reaches zero, and you forfeit all of its margin. Winning closes are paid by the Papertrade LP after a deadband, an impact haircut, and a 2% fee; losing closes pay nothing extra. While the Papertrade LP is short of funds, winnings can wait in a first-in, first-out payout queue. Papertrade acknowledges that prices taken from Hyperliquid's best bid and offer can be manipulated. Papertrade's contracts are upgradeable by their owner after a 7-day timelock, and an upgrade can change how positions open, settle, or pay out. Bloxwap does not control the Papertrade LP, relayer, or contracts.
• Token and reward risk. Token prices can fall to zero, burns cannot be reversed, and trading losses can exceed any reward.
• Wallet and key risk. Loss of access to the wallet you use to authenticate to the Services can result in loss of access to any funds held by that wallet.
• Front-end risk. The Services may be unavailable, may contain errors, display stale data, or behave unexpectedly. You should always verify trading activity on chain.

You are solely responsible for assessing whether trading on the Protocol is appropriate for you, given your financial situation, risk tolerance, and jurisdiction.

4. Wallets and AuthenticationCopy Anchor Link

The Services allow you to connect a self-custody wallet (or a wallet provisioned via embedded-wallet partners such as Privy) to the Protocol. You are solely responsible for:

• Securing your private keys and seed phrases.
• Reviewing and signing transactions before approving them.
• Verifying counterparties, contract addresses, and the network you are connected to.

Bloxwap cannot reverse confirmed blockchain transactions. Pending requests and open orders remain subject to the Protocol's execution and cancellation rules.

Our Privacy Policy explains how we handle account, wallet, and Google sign-in data, including retention and deletion. Acceptance of these Terms does not authorize new uses of Google user data; those require the notice and consent described in the policy. You may request account deletion through Profile → Advanced → Delete account or by contacting support@bloxwap.com. Review the account deletion guide and move funds or securely export keys first: deletion ends access to embedded wallets through that account, and recovery is not guaranteed.

5. Fees and taxesCopy Anchor Link

Filled trades incur a Bloxwap builder fee, currently 5 bps (0.05%) or 2.5 bps (0.025%) for Genesis, in addition to the Protocol's exchange fees. Funding and liquidation costs may also apply under the Protocol's rules. Transfers may incur network, bridge, sponsorship, swap, or Bloxwap app fees included in a third-party route quote. See the fee schedule and the costs shown for the action you are confirming. Bloxwap cannot reverse protocol or network fees once settled by the relevant protocol or network.

Papertrade trades carry no Bloxwap builder fee or Hyperliquid exchange fee. Papertrade applies its own deadband, impact haircut, and 2% fee to winning closes, as described in the fee schedule.

Demo trades use virtual funds and have no trading fees. Rates and routing costs may change under these Terms; review the costs shown before confirming.

You are solely responsible for any taxes, duties, or governmental charges that apply to your trading activity.

6. Intellectual PropertyCopy Anchor Link

All content, design, code, logos, and trade dress associated with the Services are owned by Bloxwap or its licensors and are protected by intellectual-property laws. You are granted a limited, revocable, non-exclusive, non-transferable license to use the Services for your own use in line with these Terms. Nothing in these Terms grants you any right, title, or interest in any trademark, logo, or other proprietary right of Bloxwap.

Components released under an open-source license are governed by that license. The restrictions below do not override rights granted by the applicable open-source license.

You may not:

• Copy, modify, distribute, sell, or lease any part of the Services.
• Reverse-engineer, decompile, or attempt to extract the source code of the Services, unless the law allows it.
• Remove, obscure, or alter any proprietary notice on the Services.
• Use the Services to develop a competing product.

7. Prohibited ConductCopy Anchor Link

Normal algorithmic trading through Hyperliquid is allowed if it follows these Terms, the Protocol's rules, and any promotion rules. Do not use multiple accounts or wallets to evade eligibility or inflate rewards.

Do not use a VPN, proxy, or other tool to hide your location or bypass jurisdiction restrictions.

You agree not to use the Services to:

• Violate any applicable law, regulation, or third-party right.
• Engage in market manipulation, wash trading, spoofing, layering, or any abusive trading practice.
• Engage in money laundering, terrorist financing, sanctions evasion, or any other illegal financial activity.
• Interfere with, disrupt, or attempt to gain unauthorized access to the Services, our infrastructure, or any other user's account or wallet.
• Use any bot, scraper, or other automated means to access the Services other than the public APIs we expressly make available.
• Misrepresent your identity, jurisdiction, or eligibility to use the Services.

8. Third-party servicesCopy Anchor Link

Our service provider list describes providers used for accounts, trading, transfers, hosting, analytics, and notifications. Their own terms and privacy notices also apply. We do not control their acts, failures, or losses, to the extent the law allows.

Papertrade is a third-party trading venue, not only a service provider. When you trade Papertrade markets, you rely on Papertrade's house-banked liquidity pool as your counterparty, its relayer to submit your signed requests, its session-key registration for the key your embedded wallet authorizes, and its upgradeable HyperEVM contracts to hold your balance and settle positions. Papertrade can pause markets, queue payouts, or change its contracts and parameters. If Bloxwap stops offering Papertrade or cannot reach its relayer, you may still manage your Papertrade balance and positions at papertrade.xyz, subject to Papertrade's availability.

9. DisclaimersCopy Anchor Link

The Services are provided "as is" and "as available", to the extent the law allows. We do not promise uninterrupted service, accurate market data, secure or error-free software, or any trading outcome. We exclude implied warranties of merchantability, fitness for a particular purpose, and non-infringement where permitted by law.

10. Limitation of LiabilityCopy Anchor Link

To the extent the law allows, Bloxwap's total liability to you under these Terms, including Season 01, is limited to USD $100. This is an aggregate limit, not a separate limit for each feature or promotion.

To the extent the law allows, we are not liable for indirect or consequential losses, including lost profits, data, rewards, or funds, arising from the Services or Protocol.

These limits do not apply to liability that cannot lawfully be limited, including fraud, intentional misconduct, gross negligence, or death or personal injury where applicable law prohibits a limit. Your mandatory legal rights remain in place.

11. Your responsibility to usCopy Anchor Link

You will cover our reasonable losses and legal costs from third-party claims caused by your breach of these Terms, violation of law or another person's rights, or misconduct. This does not require you to cover losses caused by our own misconduct.

12. Changes and suspensionCopy Anchor Link

We may change these Terms, the Services, or features without prior notice. Changes take effect when posted. Continued use after posting means you accept the updated Terms. If you do not agree, stop using the Services. Changes to dispute terms do not apply to disputes already pending.

We may suspend or end access, including for eligibility, sanctions, security, or abuse concerns. Your wallet and funds remain yours. You may use the Protocol or another compatible interface to manage funds, subject to the Protocol, provider availability, and applicable law. Ending app access does not cancel open orders or revoke agent approvals.

Risk disclosures, payment obligations, liability limits, and dispute terms continue to apply after access ends.

13. Governing Law and DisputesCopy Anchor Link

These Terms are governed by the laws of the State of Delaware, USA, without regard to its conflict-of-law rules, subject to any mandatory law that cannot be excluded. The Federal Arbitration Act governs the arbitration agreement in this section.

Any dispute arising out of or relating to these Terms or the Services will be resolved exclusively by binding arbitration seated in Wilmington, Delaware, in English, before a single arbitrator. You and Bloxwap waive any right to participate in a class action or class arbitration.

Arbitration will be administered by the American Arbitration Association (AAA) under its Consumer Arbitration Rules and, where they apply, its Mass Arbitration Supplementary Rules, in force when proceedings begin. The AAA's rules are available at adr.org, and its mass arbitration information is at adr.org/mass-arbitration. Costs are allocated under those rules and applicable law.

Before starting arbitration, email support@bloxwap.com describing the dispute so we can try to resolve it within 30 days. Neither party may start arbitration until this period ends.

Batches of similar claimsCopy Anchor Link

If 25 or more similar claims are filed against us, or by us, by the same or coordinated counsel, they will be handled in staged batches. An initial set of test cases will be decided first. The other claims are paused, and their filing fees are deferred, until the first batch is decided.

After the first batch, the parties will take part in good-faith mediation to try to resolve the remaining claims. Any claims that are not resolved will then proceed in further batches. This process does not prevent anyone from opting out of arbitration as described below.

Small claims courtCopy Anchor Link

Either party may bring an individual claim in small claims court instead of arbitration if the claim qualifies there. The claim must stay in small claims court and proceed on an individual basis only.

CourtsCopy Anchor Link

The state and federal courts located in Delaware have exclusive jurisdiction over any claim that is not subject to arbitration, including requests for urgent injunctive relief for security or intellectual property issues. You and Bloxwap consent to those courts. Mandatory rights to use a court remain available where the law requires.

Opting out of arbitrationCopy Anchor Link

To opt out of arbitration, email support@bloxwap.com within 30 days after you first accept these Terms. Include your name, the wallet addresses you use with Bloxwap, and a clear statement that you opt out of arbitration. This also opts you out of Season 01 arbitration. Other Terms still apply.

14. ContactCopy Anchor Link

Questions about these Terms can be sent to support@bloxwap.com.

15. Deposits, withdrawals, and bridgesCopy Anchor Link

Transfers require your wallet authorization. Third-party providers may convert deposits, including SOL or BTC, to USDC and bridge them to your trading account. Cash App is a source wallet for a supported Bitcoin route; it is not Bloxwap's custodian.

Quotes are estimates with route-specific minimums, fees, slippage, and expiry. Gas sponsorship covers specified network costs; it does not make a transfer free. Network, bridge, swap, sponsorship, and Bloxwap app fees may be included in the quote. Confirm the token, network, recipient, output estimate, and all costs.

Transfers may fail or be delayed. Refunds and recovery depend on the provider's rules and network state. We cannot reverse confirmed transactions or promise recovery of funds sent to an incorrect address or network.

16. $BLOXWAP and GenesisCopy Anchor Link

$BLOXWAP is a Solana token. It gives no ownership, equity, profit share, dividend, governance rights, or claim on Bloxwap's revenue or assets. Do not buy it as an investment. Its price can fall to zero, liquidity can disappear, and listings may end.

Genesis currently requires a verified cumulative burn of 1,000,000 $BLOXWAP bound to a trading address and lowers that address's builder fee from 5 bps to 2.5 bps. Hyperliquid exchange fees still apply. Burns are irreversible and cannot be refunded if Genesis changes or ends.

Genesis rates, eligibility, badges, and availability may change or end under Section 12. The token page and Genesis page form part of these Terms, subject to the order of precedence below.

The buyback-and-burn program is a plan, not a commitment. We currently plan to begin after $1,000,000 in cumulative revenue, use about 5% of monthly revenue, and target burning 50% of total supply. We may change, pause, or end the plan for legal, operational, or financial reasons. It does not distribute revenue to holders or promise a token price or return.

17. Promotions and rewardsCopy Anchor Link

Promotions and leaderboards have separate eligibility, scoring, verification, and payout rules. Season 01 rules apply to Season 01. Ranking does not establish entitlement to a prize before eligibility and final scoring are checked.

Season 01 points measure eligible revenue from builder fees and applicable Hyperliquid rebates paid to Bloxwap, rather than trading volume or profit. Trading is required to earn points, involves fees, and may cause losses greater than any prize. There is no random drawing; legal treatment of the promotion depends on jurisdiction.

We may require wallet-control, identity, address, sanctions, and tax checks before payout. Reward availability and timing depend on the applicable rules, law, and provider operations. The USD $100 aggregate liability limit applies to Season 01 as well as these Terms.

18. General termsCopy Anchor Link

These Terms and the feature rules they incorporate are the agreement for the Services. These Terms control conflicts, including liability, eligibility, and changes. Promotion rules govern scoring and payouts where consistent with these Terms. The fee page supplies current rates; other explanations do not override these Terms.

If a provision cannot be enforced, the rest remains effective to the extent the law allows. A failure to enforce a provision is not a waiver of it.

You agree to receive service and legal notices electronically through the Services or your supplied email. Legal notices to Bloxwap should go to support@bloxwap.com.

We may transfer this agreement with a business reorganization or sale, subject to your mandatory rights. You may not transfer your obligations without our agreement.

You retain rights in profile content you submit. You allow us to display your chosen profile information and badges to operate the Services, including public leaderboards. Do not submit impersonating, unlawful, or infringing content. Feedback may be used to improve the Services without payment.

Protocol halts, chain outages, and provider failures may prevent performance. This does not exclude obligations or remedies that cannot be excluded by law.