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DAEX

DAX EXCHANGE

TERMS OF USE

Last Updated: June 18, 2026

das.exchange

These Terms of Use ("Terms") explain the terms and conditions by which you may access and use the website-hosted user interface ("Interface") available at das.exchange, including any of its subdomains. The Interface is made available by DAX Exchange ("Company", "we", "us" or "our"). You must read these Terms carefully as they govern your use of the Interface. By accessing and using the Interface, you expressly represent and acknowledge that you have read, understood, and agreed to be bound by these Terms. If you do not agree, you are not authorized to access or use the Interface.

1. THE INTERFACE

1.1 The Interface facilitates interaction with the DAX Exchange platform, a digital asset trading platform (the "DAX Exchange Platform"). The Company owns and operates DAX Exchange and its associated infrastructure. The Interface is not the exclusive means of accessing DAX Exchange.

1.2 All transactions conducted on DAX Exchange are processed by the platform's trading engine and associated infrastructure. The Company is the operator of the Interface and DAX Exchange. Markets shown through the Interface are surfaced based on platform activity and are reviewed by the Company. The Company expressly disclaims any liability for losses or damages arising from market volatility, user error, or factors outside its reasonable control.

1.3 The Interface and DAX Exchange may not be licensed, approved, authorized, endorsed or registered by all governmental authorities or regulatory bodies in all jurisdictions. You are solely responsible for determining whether your use of the Interface is lawful in your jurisdiction.

1.4 To use the Interface, you may use a non-custodial wallet or a platform-managed account, which allows you to access and interact with DAX Exchange. You should review all applicable wallet or account terms before use. When you connect your wallet or create an account on the Interface, you agree to be bound by these Terms.

1.5 By using the Interface, you acknowledge and agree that all use of the Interface, and any interaction with DAX Exchange through the Interface, carries inherent risk. You are solely responsible for evaluating any markets you access.

1.6 The Interface is not available to "Restricted Persons." For the purposes of these Terms, Restricted Persons include: (a) persons or entities who reside in, are located in, are incorporated in, or have a registered office in jurisdictions subject to applicable economic and trade sanctions or export control laws and regulations (collectively, "Restricted Territories"); and (b) citizens of Restricted Territories, regardless of their location. Restricted Persons are strictly prohibited from accessing or using the Interface.

1.7 Without limiting Section 1.6, certain products or features accessible via the Interface may not be available to persons or entities for whom access would be unlawful or would require the Company to obtain any license, registration, approval or authorization that has not been obtained.

1.8 We may implement technical, operational or other measures designed to block access to restricted features by ineligible persons. You must not access or use restricted functionality if you are a Restricted Person. You must not circumvent, attempt to circumvent or assist any other person to circumvent any such measures.

1.9 You are solely responsible for determining whether your access to and use of the Interface complies with applicable laws and regulations in your jurisdiction, including, but not limited to, laws governing leveraged or derivative trading. By accessing or using the Interface, you expressly represent and warrant that your activities are lawful and that you are not using any technology or method to disguise your location or evade any access restriction.

2. NO WARRANTIES

2.1 The Interface is provided on an "as is" and "as available" basis without warranties of any kind, either express, implied, statutory, or otherwise, including, but not limited to, warranties of merchantability, title, fitness for a particular purpose, non-infringement, accuracy, completeness, reliability, security, or timeliness. To the fullest extent permitted by law, the Company makes no representations or warranties that access to the Interface will be continuous, uninterrupted, or error-free, that any defects will be corrected, or that the Interface or DAX Exchange will meet your expectations or requirements.

2.2 You expressly understand and agree that you are solely responsible for evaluating and accepting the risks involved in using the Interface, including, but not limited to: (a) the inherent volatility of digital assets, which may result in sudden and substantial losses in value; (b) the risks of using digital assets due to both features of such assets and the potential unauthorized acts of third parties, including hacking, phishing, fraud, or cyberattacks; (c) the possibility of limited access to your assets or delays, disruptions, or errors when using the Interface; (d) the potential loss of tokens or other assets due to network or system failures, errors in any code or algorithm, or factors beyond the Company's control; and (e) regulatory intervention, changes in law, and the possibility that a market may be unlawful, void, voidable, unenforceable or otherwise restricted in one or more jurisdictions.

2.3 You agree that you will have no recourse against us and anyone else for any losses due to your use of the Interface. Such losses may include, but are not limited to, those arising from or relating to: (a) incorrect information, including any displayed token values or transaction details; (b) failures of blockchain networks, including forks, congestion, or malicious attacks; (c) corrupted cryptocurrency wallet files or wallet incompatibilities; (d) unauthorized access to wallets or accounts, including losses caused by compromised private keys; (e) errors or inaccuracies in the Interface or its underlying software; (f) failures of, or actions by, third parties, systems, services, or applications you rely on; and (g) slippage or market inefficiencies when executing trades.

2.4 By using the Interface, you acknowledge and accept full responsibility for all risks involved, including: (a) failures or inaccuracies in oracles or liquidity pools; (b) code vulnerabilities, including potential hacks or exploits; (c) significant slippage or other market risks arising from perpetual futures trading; (d) the risks of trading with leverage, which may lead to immediate and significant losses, including liquidation of your positions; and (e) potential regulatory or legal issues affecting blockchain transactions or their enforceability. These Terms are not intended to, and do not, create or impose any fiduciary duties on the Company.

2.5 By using the Interface, you represent and warrant that all digital assets you use are legally obtained and under your sole control. You are solely responsible for securing your private keys, wallet credentials, and other sensitive information. The Company shall have no liability for any loss, damage, or unauthorized access resulting from your failure to secure such credentials.

3. PROHIBITED ACTIVITIES

3.1 You agree not to engage in, or attempt to engage in, or assist any other person to engage in, any of the following categories of prohibited activity in relation to your access and use of the Interface:

3.1.1 Intellectual Property Infringement. Activity that infringes or violates any copyright, trademark, service mark, patent, right of publicity, right of privacy, or other proprietary or intellectual property rights under applicable law.

3.1.2 Cyberattack. Activity that seeks to interfere with or compromise the integrity, security, or proper functioning of any computer, server, network, personal device, or other information technology system, including, but not limited to, the deployment of viruses and denial-of-service attacks, phishing schemes or malicious code.

3.1.3 Fraud and Misrepresentation. Activity that seeks to defraud us or any other person or entity, including, but not limited to, providing any false, inaccurate, or misleading information in order to unlawfully obtain the property of another, or impersonating any person, entity, or system.

3.1.4 Misuse of Information and Market Manipulation. Activity that is unlawful, fraudulent, manipulative, deceptive, abusive or improper which affects the integrity of trading markets, including, but not limited to, the misuse of confidential, privileged, proprietary or non-public information, manipulating trading volumes or prices through coordinated actions, such as wash trading, spoofing, or any other practice which deceives market participants.

3.1.5 Circumvention of Restrictions. Activity that attempts to bypass, evade, or circumvent any restrictions imposed by the Interface or the Company. This includes but is not limited to: (a) using technologies such as VPNs, proxies, or other methods to conceal your location; (b) making false statements about your residency, citizenship, or compliance with applicable laws; or (c) engaging in any other activity designed to evade the restrictions set forth in these Terms or applicable laws.

3.1.6 Money Laundering and Sanctions Violations. Activity that involves or facilitates money laundering, terrorism financing, proliferation financing, or any other illegal financial activity, including the use of the Interface to engage in or support transactions prohibited by applicable sanctions laws or regulations.

3.1.7 Exploitation of Vulnerabilities. Activity that exploits any errors, bugs, vulnerabilities, or unintended features of the Interface, DAX Exchange, or any associated code, including attempts to gain any unauthorized access or manipulate transactions.

3.1.8 Automated or High-Frequency Abuses. Activity that employs bots, scripts, or other automated methods to interact with the Interface in ways that exceed reasonable usage, bypass rate limits, cause denial-of-service conditions, or disrupt the normal functioning of DAX Exchange or related systems.

3.1.9 Manipulation of Leverage and Liquidation Processes. Activities designed to exploit vulnerabilities in the leverage or liquidation mechanisms of PP Exchange, including, but not limited to, coordinated efforts to distort market pricing, manipulate platform weaknesses, or create artificial disruptions.

3.1.10 Any Other Unlawful Conduct. Activity that violates, attempts to violate, or facilitates the violation of any applicable law, regulation, rule, or governmental order, including, but not limited to, those relating to financial crimes, market integrity, data protection, intellectual property, or consumer protection.

3.2 By engaging in any prohibited activity, whether intentional or inadvertent, you agree to indemnify and hold harmless the Indemnified Parties (as defined in Section 9) from and against any and all claims, damages, losses, liabilities, costs, and expenses, including reasonable legal fees, arising out of or related to such activity.

4. NO PROFESSIONAL ADVICE

4.1 Any information provided by the Interface is for informational purposes only and should not be construed as professional, technical, operational, investment, or other advice. The Company does not evaluate or monitor the suitability of trading activities for users or provide any advice on the consequences of interacting with digital asset trading systems, including perpetual futures trading. You should not take, or refrain from taking, any action based on any information contained on the Interface, or any other information that we may make available at any time.

4.2 Any content, information, or data made available through the Interface may be incomplete, outdated, or subject to other inaccuracies. You are solely responsible for verifying the accuracy and relevance of such information before making any decisions or taking any action. Before you make any financial, legal, technical, operational, or other decisions involving the Interface, you should seek independent professional advice from an individual who is licensed and qualified in the area for which such advice would be appropriate.

4.3 Nothing in these Terms, or provided by the Interface, establishes a fiduciary, advisory, or client relationship between the Company and any user. The Company explicitly disclaims any duty to provide advice, updates, or corrections to information accessed through the Interface.

4.4 You acknowledge and agree that you are solely responsible for determining, reporting, and paying any taxes applicable to your use of the Interface. The Company makes no representations regarding your tax obligations and strongly recommends consulting with a qualified tax advisor to ensure compliance with all applicable laws.

5. PROGRAMS AND PROMOTIONS

5.1 The Company may, from time to time, in its sole discretion, make certain programs, special offers, challenges, bonuses or other promotions available to participants (each a "Program", and collectively, "Programs"). The terms and conditions applicable to any such Program will be determined by the Company in its sole discretion and may be communicated to participants in conjunction with any such Program.

5.2 Because any terms and conditions associated with such Programs may differ from or supplement these Terms, you should read any such additional terms and conditions carefully before participating in any Program. In the event of a conflict between any Program terms and these Terms, such Program terms shall govern solely for any associated Program.

5.3 The Company reserves the right to modify, suspend, or discontinue any Program at any time without notice or liability to participants in such Program. Participation in any Program is entirely voluntary, and the Company makes no guarantee as to the availability, rewards, or functionality of any Program.

5.4 You acknowledge and agree that any benefits earned under a Program: (a) have no cash value unless explicitly stated otherwise; (b) may be subject to additional conditions for redemption; (c) are not guaranteed and may be canceled or forfeited at the Company's sole discretion; and (d) are subject to applicable laws and regulations, which may restrict or prohibit participation in certain jurisdictions.

6. LIMITATIONS, RESTRICTIONS, AND OTHER TERMS

6.1 The Company's determinations regarding the eligibility of any user to access or participate in features of the Interface, as well as any questions or disputes arising from a user's use of the Interface or any applicable rules or restrictions, shall be final and binding and not subject to challenge or appeal.

6.2 Without notice to you, the Company reserves the right to suspend or terminate your access to any feature on the Interface in its sole discretion, including, but not limited to, cases where the Company determines or suspects that your use of the Interface is unauthorized, deceptive, fraudulent, improper or unlawful; intentionally subverts the purposes or restrictions of the Interface; or would require suspension or termination to comply with applicable laws, regulations or legal orders.

6.3 The Interface may impose fees for certain transactions or services. Fees applicable to your transactions will be displayed prior to completion. You acknowledge and agree that you are solely responsible for paying all such fees, and that you understand and accept that the cost and speed of transacting with digital asset systems is variable and may change at any time.

6.4 Transactions processed by DAX Exchange may be irreversible. The Company assumes no liability for errors or omissions made during transaction confirmations, including accidental transmissions or incorrect wallet interactions. By accessing and using the Interface, you represent that you are financially and technically sophisticated and understand the inherent risks associated with digital asset trading.

6.5 The Company is not responsible for any problems or technical malfunction of any telephone, internet or network lines, online systems, servers, providers, computer equipment, software, or messaging platform. If, for any reason, the Interface is not capable of running as planned due to errors of any kind, infection by computer viruses, bugs, tampering, unauthorized intervention, fraud, technical failures, or any other causes beyond the control of the Company, the Company reserves the right in its sole discretion to cancel, terminate, modify, or suspend the Interface features or otherwise respond to the circumstances as the Company deems appropriate.

7. MODIFICATIONS TO THE INTERFACE AND TERMS OF USE

7.1 The Company reserves the right to modify, update, and/or discontinue, in whole or in part, either temporarily or permanently, any portion of the Interface, any Program made available through the Interface, and/or any related policy, FAQ, and/or guidelines, at any time in its sole discretion and without prior notice to you. The Company shall not be liable for modifications, suspensions, or discontinuance of the Interface or any features made available through the Interface.

7.2 Unless otherwise specified, all changes or modifications to these Terms will be effective immediately upon posting revisions to these Terms on the Interface, and you waive any right you may have to receive specific notice of such changes or modifications. If we change or modify these Terms, we will revise the "last updated" date located at the top of these Terms. If you continue to use the Interface after a change to these Terms, you will be deemed to have read, understood, and unconditionally consented and agreed to such changes. If you do not agree to the Terms, you must cease using the Interface immediately.

8. RELEASE OF CLAIMS

8.1 You expressly agree that you assume all risks in connection with your access and use of the Interface and your interaction with DAX Exchange. These risks include, but are not limited to, risks associated with: (a) coding errors, failures, vulnerabilities or exploits; (b) network delays, disruptions, forks or unexpected outcomes; (c) volatility, illiquidity, or total loss of digital assets, especially when engaging in leveraged or perpetual futures trading; (d) market manipulation, market abuse, or other improper or unlawful conduct by third parties; (e) slippage or other inefficiencies; (f) liquidation risks due to the use of leverage or adverse market movements; and (g) unauthorized access, fraud, phishing or other malicious acts by third parties.

8.2 The Company does not and cannot guarantee the security, performance, or reliability of PP Exchange, its code, or any associated digital systems, protocols or tools.

8.3 By using the Interface, you expressly waive and release the Company from any and all liability, claims, causes of action or damages arising from or in any way relating to: (a) your use of the Interface, including any errors, delays, or interruptions in its operation; (b) your interaction with DAX Exchange through the Interface, including in respect of any trading losses or liquidation events; (c) any reliance on market or oracle data, token values, or information displayed on the Interface, which may be inaccurate or delayed; (d) third-party integrations, tools, or services utilized in connection with the Interface or DAX Exchange; and (e) any regulatory, tax, or legal consequences arising from your use of the Interface.

8.4 By using the Interface to engage in trading or other activities on DAX Exchange, you acknowledge the inherent risks associated with digital asset financial instruments and waive any recourse against the Company for any losses or damages incurred.

9. INDEMNITY

9.1 You agree to hold harmless, release, defend, and indemnify us and our officers, directors, employees, contractors, agents, affiliates, and subsidiaries (collectively, "Indemnified Parties") from and against any and all claims, damages, obligations, losses, liabilities, costs, and expenses (including, but not limited to, reasonable attorney's fees and court costs) arising out of or related to: (a) your access to or use of the Interface; (b) your interaction with DAX Exchange through the Interface, including trading activities, leveraged positions, or liquidation events; (c) your violation of any term or condition of these Terms, the right of any third party, or any other applicable law, rule, or regulation; (d) your participation in any prohibited activities described in Section 3; (e) any other party's access to and use of the Interface using any device or account that you own or control; (f) any third-party services, tools, or platforms you use in connection with the Interface; and (g) any false, misleading, or fraudulent statements or omissions made by you in connection with your use of the Interface.

9.2 If any claim or demand is brought against the Indemnified Parties arising out of your use of the Interface, you agree to provide prompt and full cooperation with the Company in defending such claims or demands, including making reasonable efforts to mitigate any potential damages. The Company will make reasonable efforts to provide notice to you of any such claim, suit, or proceeding.

9.3 The Company reserves the right to assume exclusive control of the defense or settlement of any matter subject to indemnification at your expense. You agree not to settle any such matter without the prior written consent of the Company.

10. LIMITATION OF LIABILITY

10.1 Under no circumstances shall we or any of our officers, directors, employees, contractors, agents, affiliates, or subsidiaries be liable to you for any direct, indirect, punitive, incidental, special, consequential, or exemplary damages, including, but not limited to, damages for loss of profits, goodwill, use, data, or other intangible property, arising out of or relating to any access or use of the Interface, or your interaction with DAX Exchange, nor will we be responsible for any damage, loss, or injury resulting from hacking, tampering, or other unauthorized access or use of the Interface or its supporting infrastructure.

10.2 We assume no liability or responsibility for any: (a) errors, bugs, or vulnerabilities in PP Exchange, including, but not limited to, issues in code, oracles, or perpetual futures mechanisms; (b) errors, mistakes, or inaccuracies of content; (c) personal injury or property damage resulting from any access or use of the Interface; (d) unauthorized access or use of any secure server, database or wallet in our control; (e) interruption or cessation of function related to the Interface; (f) bugs, viruses, trojan horses, or the like that may be transmitted to or through the Interface; (g) errors or omissions in, or loss or damage incurred as a result of the use of, any content made available through the Interface; or (h) third-party actions, including fraud, phishing, or market manipulation impacting users.

10.3 Under no circumstances shall we or any of our officers, directors, employees, contractors, agents, affiliates, or subsidiaries be liable to you for any claims, proceedings, liabilities, obligations, damages, losses, or costs in an amount exceeding the total fees paid by you to PP Exchange in the thirty (30) days preceding the event giving rise to the claim. This limitation applies regardless of whether the alleged liability is based on contract, tort, negligence, strict liability, or any other basis, and even if we have been advised of the possibility of such liability.

10.4 Some jurisdictions do not allow the exclusion of certain warranties or the limitation or exclusion of certain liabilities and damages. Accordingly, some of the disclaimers and limitations set forth in these Terms may not apply to you. This limitation of liability shall apply to the fullest extent permitted by law.

11. ARBITRATION AND CLASS ACTION WAIVER

11.1 Except for claims that must be heard in a small claims court of competent jurisdiction, you and the Company agree to waive the right to have any and all disputes or claims arising from these Terms, your use of, or access to, the Interface, or any other disputes with the Company ("Disputes") resolved in a court. Instead, all Disputes will be resolved through binding arbitration.

11.2 All arbitration proceedings will be conducted solely on an individual basis. No Dispute may be brought as a class action or representative action, whether in arbitration or any other forum.

11.3 You agree to notify us, in writing, of any Dispute within thirty (30) days of when it arises so that the parties can attempt, in good faith, to resolve the Dispute informally. Notice to the Company shall be provided by sending an email to ppxglobalofficial@gmail.com. Your notice must include: (1) your name, postal address, and email address; (2) a description of the nature or basis of the Dispute; and (3) the specific resolution or action that you are seeking. If the Dispute cannot be resolved informally within thirty (30) days of receipt, either party may commence arbitration.

11.4 These Terms are governed by and will be construed under applicable laws, without regard to conflict of law provisions. Any Dispute that remains unresolved after the informal resolution process will be finally resolved by binding arbitration under the rules of a recognized international arbitration body as mutually agreed by the parties. Arbitration will be conducted in English. Each party shall bear its own costs, unless otherwise determined by the arbitrator.

11.5 The arbitrator shall have the exclusive authority to resolve all procedural and substantive disputes related to these Terms and may grant any remedy that would otherwise be available in court. Arbitration will be conducted solely on an individual basis, and the arbitrator may not consolidate claims or adjudicate claims on behalf of any other party.

12. MISCELLANEOUS

12.1 Entire Agreement. These Terms constitute the entire agreement between you and us and supersede any and all prior or contemporaneous written or oral agreements, communications or other understandings relating to the subject matter of these Terms.

12.2 Privacy Policy. You agree to the collection, use, storage, and disclosure of your data in accordance with our Privacy Policy, which is incorporated herein by reference and is available at das.exchange/privacy.

12.3 Assignment. You may not assign or transfer any of your rights or obligations under these Terms, without our express prior written consent, including by operation of law or in connection with any change of control. We may assign or transfer any or all of our rights or obligations under these Terms, in whole or in part, with or without notice or obtaining your consent or approval.

12.4 Severability. If any provision of these Terms shall be determined to be invalid or unenforceable under any applicable rule, law, or regulation, such provision will be changed and interpreted to accomplish the objectives of the provision to the greatest extent possible under any applicable law and the validity or enforceability of any other provision of these Terms shall not be affected.

12.5 Notice. We may provide any notice to you under these Terms using commercially reasonable methods, including using public communications channels. Notices we provide using public communications channels will be effective as of the date of the posting.

12.6 Waiver. Our failure to exercise or enforce any right or provision of these Terms will not operate as a waiver of such right or provision. Any waiver of any right or provision shall be in writing and shall apply only to the specific case for which it is granted.