1. Operator and scope

These Terms govern dexponent.com and the Dexponent beta interface. The operator is Dexponent Inc., incorporated in the British Virgin Islands, company number 2122012, registered office: Intershore Consult (BVI) Ltd., Intershore Chambers, Road Town, Tortola, British Virgin Islands. Contact support@dexponent.com for questions, complaints and notices.

Read these Terms, the Privacy Policy, Risk Disclosure and the terms of the particular DTF or campaign before participating. By using the Services, you agree to these Terms to the extent a binding agreement can lawfully be formed. Product-specific terms must be presented where required. Mandatory legal rights take priority over conflicting terms.

2. Base mainnet beta

Dexponent provides software for creating, discovering and interacting with DTFs: onchain strategy vaults whose shares represent participation in a particular strategy. The beta supports Index, Spot and Perpetual DTF types using enabled assets and integrations. LP-facing vault transactions use Base mainnet; Perpetual strategies also use Hyperliquid and collateral settlement.

The beta uses real assets and real fees. Features may change, be limited or be unavailable. LP participation is open subject to eligibility and DTF terms. Manager deployment requires an invitation or approval; a creation preview does not authorise deployment.

Tokenised equities, bonds, gold and other asset classes form part of the longer-term vision. Roadmap statements and asset icons are not offers, current listings, launch commitments or issuer endorsements.

3. Eligibility and lawful use

You must be at least 18, have legal capacity and be authorised to act for any organisation you represent. Use only services and assets you may lawfully access. Product-specific identity, eligibility or access checks may be required.

Do not breach applicable sanctions, misrepresent your identity or location, commit fraud, manipulate performance or rewards, impersonate others, exploit the Services unlawfully or interfere with other users. An accessible website, wallet connection or manager invitation does not establish regulatory eligibility.

4. Wallets and administrative control

Connecting an external wallet does not give Dexponent your wallet seed phrase. Depositing into a DTF, however, transfers assets to the vault and strategy arrangements. Those assets may be subject to manager, protocol-admin, service-provider and venue permissions; do not assume exclusive personal custody after deposit.

Services may prepare, relay or submit supported transactions, and authorised operators may perform configuration, strategy, valuation, collateral or settlement actions. Core-team administration remains during beta; token-holder governance is not currently provided.

Protect your accounts and signing devices. Review the chain, contract, spender, allowance, recipient and amount before confirming. Support will not ask for your private key or seed phrase.

5. Shares, deposits and withdrawals

DTF shares represent participation in one DTF. They are not bank deposits, principal-repayment promises or guaranteed liquid secondary-market assets. Their value can fall to zero. Token approval is separate from a completed deposit.

Deposits and redemptions depend on the deployed configuration, supported asset, valuation and successful execution. Lock periods, liquidity, slippage, stale data, paused states and venue or network failures can delay or block an action.

Perpetual redemptions may create queued claims. Shares may be burned before all USDC is paid, and settlement can be partial. No universal instant-withdrawal time is promised. Stopping use of the interface does not automatically close positions or unwind transactions. Interface suspension does not itself erase valid claims, but settlement remains subject to contracts, operational arrangements and law.

6. Fees, valuation and performance

Check actual DTF fees and transaction costs before participating. The current performance-fee design uses a DTF-level high-water mark and fee shares; it is not a separate profit threshold for every wallet. Fee-share issuance dilutes existing holders' ownership.

Gas, trading fees, slippage, funding and collateral-transfer costs can apply. Failed transactions may still incur gas. A protocol/manager split divides the configured fee rather than necessarily adding another charge. Documentation percentages are illustrative unless expressly stated as live terms.

NAV, allocations and returns can depend on external data and observation times. Example screens are not live results. Past performance, targets and annualised figures do not promise future returns.

7. Manager responsibilities

Managers must describe strategies and risks accurately, disclose applicable fees and conflicts, and use only authorised controls. A DTF listing or invitation is not a professional licence, certification or endorsement.

Managers remain responsible for their conduct and applicable obligations to participants. Do not claim guaranteed returns, principal protection, insurance or regulatory approval without a valid and applicable basis.

8. Assets and third parties

Token rights depend on the issuer and governing documents. Tokenised exposure may not provide direct ownership, voting rights, dividends or physical delivery. Issuer, custodian, redemption, transfer and eligibility restrictions may apply.

External wallets, login providers, trading venues, bridges and asset issuers have separate terms and risks. A link or logo alone does not establish endorsement or a partnership. Audit reports apply only to their stated scope and reviewed version; they do not guarantee current deployments or external integrations.

9. Beta rewards

bDXP is separate from DTF shares and any future production DXP. No price, liquidity, redemption value, conversion, staking return, revenue share or governance benefit is promised.

Rewards apply only under announced campaign dates, eligibility, budget, calculation and distribution terms. Historical FarmWars, XP, DXP-burning and airdrop material is not a current offer. The team may review activity for fraud or error under the applicable rules. Material changes should be communicated through official channels; tracking issues can be raised with support.

10. Information and risk

Website content is general information, not personalised investment, legal or tax advice. A listing does not establish suitability. Evaluate the strategy, your ability to bear loss and tax obligations, and obtain independent advice where appropriate.

Digital assets, leverage, contracts, venues and beta software can cause total loss. No general principal protection, deposit insurance, investor-compensation coverage or guaranteed yield is offered. Disclosures do not remove duties imposed on Dexponent by applicable law.

11. Privacy and content

The Privacy Policy explains account, contact, wallet, transaction and technical-data processing. Onchain data can be public and generally cannot be erased or reversed by us. Do not place personal or confidential information in public transaction fields.

Reading a privacy notice is not blanket consent to optional marketing or analytics. Where consent is required, the relevant choice must be offered.

Dexponent and its licensors retain rights in their software and branding, subject to applicable open-source licences. You retain rights in your submitted content and permit its use as reasonably needed to provide the service you requested. Do not infringe others' rights or disclose their confidential information.

12. Availability and liability

We may restrict access or pause supported operations for maintenance, security, legal compliance or misuse, with notice where reasonably practicable. We cannot promise uninterrupted service or reverse completed blockchain transactions.

To the extent lawful, the beta is provided as available without warranties of profitability, uninterrupted operation or fitness for a particular investment purpose. Indirect or consequential loss is excluded only to the extent permitted by applicable law.

Nothing excludes or limits liability for fraud, fraudulent misrepresentation, wilful misconduct, gross negligence, or any liability or consumer right that cannot lawfully be excluded or limited.

13. Governing law, complaints and updates

These Terms are governed by British Virgin Islands law, subject to mandatory protections applicable to you. BVI courts have jurisdiction except where mandatory law allows you to bring a claim elsewhere. This page imposes no mandatory arbitration or class-action waiver.

Send complaints to support@dexponent.com with relevant public transaction identifiers. This does not prevent contact with a regulator or exercise of legal rights. If a clause is unenforceable, the remaining terms apply to the extent lawful.

Revisions will carry an updated date, with additional notice of material changes where required. Changes do not retroactively remove accrued rights; where affirmative agreement is required, publication alone does not replace it.