CordEx Terms of Service

1. Acceptance of Terms

By accessing or using the CordEx interface, bot, API, or terminal (collectively, the "Service"), you agree to be bound by these Terms of Service ("Terms"). If you do not agree, you must not use the Service.

You acknowledge that:

• You are responsible for understanding how CordEx operates and the risks associated with decentralized trading.
• CordEx does not control, execute, or guarantee transactions on any protocol.

CordEx may update these Terms at any time. Continued use of the Service constitutes acceptance of any revised Terms.

2. Nature of the Service

2.1 Software Interface and Automation Only

CordEx provides a software interface and supporting backend services that allow users to:

• View protocol data
• Configure trading parameters
• Authorize and automate trading actions on supported decentralized protocols

CordEx:

• Is not an exchange, broker, dealer, clearinghouse, or financial institution
• Does not provide liquidity
• Does not maintain an order book
• Does not act as a counterparty to any transaction
• Does not guarantee execution, pricing, or outcomes

All trades are executed on third-party decentralized protocols according to permissions granted by the user.

2.2 Proxy Wallet Model (No Master Wallet Custody)

CordEx supports the use of proxy wallets that are permissioned to trade on a user's behalf.

• CordEx does not store or control user master wallets or recovery phrases
• Proxy wallets are restricted to trading functions only on supported protocols (e.g. Hyperliquid)
• Proxy wallets cannot withdraw funds, transfer assets to external wallets, or perform unrestricted actions
• Trades may be executed while the user is offline, based on permissions granted

CordEx does not provide custody of user assets. All assets remain on-chain and subject to protocol rules.

3. Relationship with Discord and Third-Party Platforms

3.1 Independent Application

CordEx is an independent third-party application and is not affiliated with, endorsed by, or operated by Discord Inc.

3.2 Platform Limitations

You acknowledge that:

• Discord is a communication platform, not a financial service
• CordEx does not store, transmit, or process digital assets on Discord servers
• Discord may independently collect and store metadata subject to its own Terms of Service and Privacy Policy
• CordEx is not responsible for Discord outages, moderation actions, or platform limitations

CordEx does not control third-party platform data collection or retention practices.

4. Wallets, Keys, and Authorization

4.1 Key Handling

To support automated trading, CordEx may store encrypted private keys for proxy wallets only.

• Keys are encrypted at rest
• Decryption occurs only when required to perform authorized actions
• CordEx does not store master wallet keys or recovery phrases

4.2 User Responsibility

You are solely responsible for:

• The permissions you grant to proxy wallets
• The configuration of trading parameters
• Monitoring automated activity

CordEx cannot recover lost keys, undo trades, or modify on-chain transactions.

5. No Chat or User-Generated Content

CordEx does not provide user-to-user chat features and does not store user-generated message content.

6. Risk Disclosure

6.1 Trading Risk

Trading digital assets, perpetuals, and derivatives involves substantial risk, including the potential loss of all capital.

6.2 No Advice

CordEx does not provide financial, investment, legal, or tax advice. Any information provided is for informational purposes only.

6.3 Protocol and Infrastructure Risk

CordEx is not responsible or liable for:

• Smart contract bugs or exploits
• Protocol failures, downtime, or upgrades
• Blockchain congestion, reorgs, or validator failures
• Oracle failures or inaccurate data
• Failures of Hyperliquid or any third-party service

7. Prohibited Use and Jurisdictions

7.1 Restricted Jurisdictions

CordEx is not intended for use by persons or entities located in:

• The United States
• Jurisdictions subject to OFAC or equivalent sanctions
• Jurisdictions where decentralized or derivatives trading is prohibited

You are solely responsible for determining whether your use of CordEx is lawful in your jurisdiction.

7.2 Prohibited Conduct

You agree not to:

• Use the Service for unlawful activities
• Attempt to exploit, disrupt, or reverse engineer the Service
• Circumvent safeguards, rate limits, or access controls

CordEx reserves the right to restrict or block access for violations.

8. Limitation of Liability

To the maximum extent permitted by law:

• CordEx and its developers are not liable for trading losses, loss of funds, or indirect or consequential damages
• The Service is provided on an "as is" and "as available" basis

If liability cannot be excluded, it shall be limited to the minimum extent required by applicable law.

9. Indemnification

You agree to indemnify, defend, and hold harmless CordEx, its developers, and affiliates from any claims, losses, or expenses (including legal fees) arising from:

• Your use of the Service
• Your violation of these Terms
• Your violation of applicable laws or regulations

10. Class Action Waiver

All disputes must be brought on an individual basis only. You waive any right to participate in class actions, class-wide arbitration, or representative proceedings.

11. Governing Law

These Terms are governed by applicable law, without regard to conflict-of-law principles.

12. Contact

For questions regarding these Terms, contact the CordEx team through official project channels.