Terms of Service

The Interface is non-custodial software. It displays public blockchain data and helps you construct transactions that you may choose to authorize with a cryptographic key that only you control. Swaps, limit and DCA orders are quoted and routed by the Jupiter aggregation protocol; SOL-PERP perpetual positions are requests to the Jupiter Perpetuals protocol; stop-loss and OCO orders are placed with Jupiter's price-trigger execution vault (Section 04); lending, leveraged and looped positions, liquidity and staking positions are created on independent public Solana protocols and programs including Kamino, marginfi, Meteora, Jito and the Solana stake program. The Interface is, in substance, a client to those protocols. The same transaction builders are exposed to your own software through the trading API, and you may link a Telegram chat to receive price alerts (Section 06).

PRIZM is not a bank, exchange, broker-dealer, money transmitter, money services business, futures commission merchant, custodian, or investment adviser. We do not operate an order book, match orders, hold, freeze or transmit customer funds, execute trades on your behalf, or take title to any digital asset at any time. Every transaction is executed by public, autonomous smart contracts that we do not own or control, is signed exclusively by you on your own device, and settles directly between your wallet and those contracts, except that stop-loss and OCO orders are held and executed by Jupiter's execution vault (Section 04) and perpetual requests are filled by the venue's keeper in a later transaction (Section 08).

Because the protocols the Interface reaches are public and permissionless, they can be accessed by many other interfaces; nothing about your assets or positions depends on the continued existence of PRIZM.

You may use the Interface only if you are at least 18 years old, have the legal capacity to enter these Terms, and are not a Restricted Person. “Restricted Person” means any person or entity that is the subject of sanctions administered by the U.S. Office of Foreign Assets Control or any equivalent authority; located, organized or resident in any country or region subject to comprehensive sanctions (including Cuba, Iran, North Korea, Syria, and the Crimea, Donetsk and Luhansk regions); or otherwise prohibited from using the Interface under applicable law.

Features involving leverage · Kamino borrows, looped (“Multiply”) lending positions and leveraged SOL/USDC spot positions · are additionally unavailable to persons located or resident in the United States or the United Kingdom, and to any other person prohibited from entering leveraged commodity transactions under applicable law. Perpetual futures (SOL-PERP) are additionally unavailable to persons located or resident in the United States, the United Kingdom, Canada, China, Singapore, Myanmar, Côte d'Ivoire, Cuba, the Democratic Republic of the Congo, Iran, Iraq, Libya, Mali, Nicaragua, North Korea, Somalia, Sudan, Syria, Yemen or Zimbabwe, and are offered only while the operator has enabled them.

The Interface enforces these restrictions by region on the server, using the country the hosting platform stamps on each request from its network address. A request that opens leverage · a Kamino borrow, a looped or leveraged open, or a perpetual open · is refused with HTTP status 451 from a restricted region and whenever no country can be determined; the gate fails closed. A request that reduces risk · a perpetual close, a leveraged close, a repayment or a withdrawal · is built for anyone who holds the position, from anywhere, so a position can always be exited. Hiding a control in the Interface is a courtesy; the refusal to build the transaction is the control. Attempting to circumvent these restrictions is a breach of these Terms.

The operator may exempt specific wallets it designates for platform testing and operation from this regional gate, in which case requests those wallets make through the trading API with an API key are judged on the wallet's identity rather than the network address. The set is configured on the server by the operator alone and includes the operator's own administrative wallet. Requests from the Interface itself carry no authenticated wallet and are always judged by network address, exempt wallets included.

You are solely responsible for ensuring that your use of the Interface is lawful in your jurisdiction. Digital-asset trading is restricted or prohibited in some places; the Interface is offered only where it may lawfully be used, and we may restrict availability anywhere at our discretion.

The Interface generates wallet keys inside your browser. Keys are sealed on your device in an encrypted vault (AES-256-GCM, opened by your password or your passkey) and are never transmitted to us in any form. Where you enable cloud restore · passkey sync, or a username-and-password backup · only ciphertext that we are cryptographically unable to decrypt is stored, together with a hashed proof of possession that gates reading and overwriting it; for a password backup the server receives a hash of your username, never the username itself. A stored backup expires after about thirteen months without use.

We cannot access, recover, freeze, or move your funds. If you lose your recovery phrase, password and passkey, your funds are permanently inaccessible, and no one · including us · can restore them. You are solely responsible for safeguarding your recovery materials and for all activity authorized with your keys.

A stop-loss cannot execute at-rate-or-worse from a trustless on-chain escrow, so stop-loss orders and take-profit-plus-stop-loss (OCO) orders are placed with Jupiter's price-trigger execution vault. When you arm such an order, the tokens you protect are deposited with Jupiter · an execution vault registered to your wallet and operated by Jupiter, not by PRIZM · and they remain there until the order fills or you cancel it. While an order is armed those tokens are not in your wallet and are not held by PRIZM; Jupiter's systems execute the fill against your trigger price and slippage, or return the tokens when you cancel. We cannot move, freeze, recover or return funds held in that vault.

The deposit transaction is verified and signed on your device like every other transaction, and the session that authorizes the order is obtained by signing a challenge with your own key. To cancel, you sign a withdrawal transaction locally and the Interface confirms it with Jupiter. Orders require a value of at least US$10 at the current mark, expire thirty days after placement unless filled or cancelled sooner, fill at the trigger price subject to a 1.5% slippage bound, and carry no PRIZM platform fee. Plain limit orders and take-profit orders without a stop use the on-chain trigger escrow instead and do not touch the vault. Your use of the vault is subject to Jupiter's own terms.

The Interface applies platform fees, each disclosed before you sign and collected as a transfer to the PRIZM treasury inside the same transaction you authorize · a transaction that fails pays no platform fee, and a wallet the operator has promoted to fee-free status pays none at all. Current rates:

• Swaps · 0.85% of the input amount, carved out of the amount you commit: the swap runs on the remainder, so you never spend more than you committed. Liquid staking is a swap into the staking token and pays this rate.
• Limit, DCA and take-profit orders · 0.85% of the committed amount, added on top of it and charged when the order is placed. The order escrows the full amount you named; the fee is not refunded if the order never fills, expires or is cancelled. A take-profit placed together with a stop-loss is an OCO order in Jupiter's execution vault (Section 04) and pays no platform fee.
• Perpetuals · 0.10% of position notional, paid in SOL at the venue's mark price when a position is opened or increased. Closing or reducing a position carries no platform fee.
• Lending and liquidity · 0.33% of each deposit, carved out of it so the protocol receives the remainder. Withdrawals, borrows and repayments carry no platform fee.
• Leveraged and looped positions. A looped (Multiply) position is built leg by leg and pays 0.33% on each deposit leg and 0.85% on each swap leg, when it is opened and when it is unwound: its borrow, withdraw and repay legs carry none, but each swap leg that sells collateral to repay debt on the way out carries the 0.85% swap rate. A leveraged SOL/USDC position opened in a single transaction through the trading API pays 0.33% of the fresh stake and nothing on its internal swap, and a position closed in a single transaction the same way carries no platform fee.
• Native SOL staking · none. Stake, deactivate and withdraw transactions carry no platform fee. Stop-loss and OCO orders placed through Jupiter's execution vault (Section 04) carry none either.

Account rent. A fee paid in a token rather than in SOL is transferred into a token account belonging to the fee wallet. Where no such account exists yet, your transaction creates it and pays the network's rent-exemption deposit for it — about 0.00204 SOL, once per token, ever. That deposit is held by the Solana network for the account, not collected by us; the same charge applies to any token account your own wallet has to open. Your wallet shows the total change to your balances before you sign.

The same rates apply through the trading API, where every quote and build reports the fee it carries; that per-transaction figure controls over the rates above. Third-party protocols charge their own fees (trading and pool fees, borrow interest that accrues while a position is open, flash-loan fees on single-transaction leverage) and the Solana network charges transaction and priority fees; none of these are collected by or shared with us. Fee rates may change prospectively; the rate shown at signing controls.

A wallet holder may generate up to five API keys, each bound to that wallet, scoped (read, trade, perps, defi) and revocable at any time. A key can only read data for its wallet and obtain unsigned transactions built for it; it cannot sign or move funds. Keys are shown once and stored only as a one-way hash; you are responsible for keeping them secret, for every request made with them, and for the software you connect. Requests are rate-limited per key and per network address, and we may revoke keys or restrict access at our discretion. The same fees and regional restrictions apply to transactions built through the API.

You may link a Telegram chat to your wallet to receive price alerts while the Interface is closed. Alerts are evaluated about once a minute against a third-party price feed and delivered through Telegram's Bot API on a best-effort basis; delivery may be delayed or fail, an alert fires at most once within a day, and neither an alert nor its absence is advice or a promise of execution. Send /stop to the bot, or unlink from the Interface, to end delivery and delete the alert list. Your use of Telegram is subject to Telegram's own terms.

The Interface routes to and displays data from independent protocols and services · including Jupiter (aggregation, Perpetuals and the Trigger execution vault), Kamino, marginfi, Meteora, Jito, the Solana stake program, RPC infrastructure providers, Telegram, and market-data sources such as Binance, Coinbase, Sanctum and DefiLlama. These are not our agents, partners or joint venturers; we do not control their code, governance, fees, uptime or solvency, and we make no representation about them. Your use of any protocol is subject to that protocol's own terms and risks. A protocol exploit, failure, depeg or governance action can result in total loss, and PRIZM bears no responsibility for it.

By using the Interface you acknowledge and accept, without limitation, the following risks:

• Market risk. Digital assets are highly volatile. You can lose the entire value of anything you trade, stake, lend, borrow against or provide as liquidity.
• Smart-contract risk. Protocols may contain defects or be exploited. Simulation before signing reduces, but cannot eliminate, this risk.
• Execution risk. Prices move between quote and settlement; slippage, failed transactions, network congestion and MEV can affect the outcome. On-chain transactions are irreversible once confirmed.
• Perpetuals risk. A perpetual position is a request that the venue's keeper fills against the venue's own oracle in a later transaction; if the price has moved past your slippage bound the request is closed and the collateral refunded instead of filled. An open position accrues the venue's borrow fee hourly against its size, which moves the liquidation price closer over time, and the venue liquidates the whole position at its oracle price once the collateral no longer covers it. The platform fee on a perpetual open is paid with the request and is not refunded when the keeper refunds the request; only the collateral is returned. Leverage magnifies every loss, up to the entire collateral.
• Leverage and loop risk. A leveraged or looped lending position borrows against your collateral and is liquidated by the lending protocol at its own oracle price and thresholds; borrow interest accrues continuously; the collateral asset can trade away from the borrowed asset (a jitoSOL/SOL depeg, for example); a loop built leg by leg can stop part-way, leaving a position you must unwind yourself; and a single-transaction open pays the venue's flash-loan fee.
• Stop-loss and order risk. A stop-loss fills at or worse than its trigger within its slippage bound, may not fill when the market cannot be met within that bound, and holds your tokens with Jupiter's vault while armed (Section 04). Limit and DCA placement fees are not refunded for orders that never fill.
• Liquid-staking and lending risk. Staking tokens can trade away from their underlying; lending markets carry borrower, liquidation, oracle and utilization risk; liquidity provision carries impermanent loss; native stake activates and deactivates only at epoch boundaries.
• API and notification risk. Software you connect with an API key acts on your wallet within the key's scopes; a leaked key exposes your positions and quota until you revoke it. Alerts and signals may be late, missing or wrong.
• Stablecoin risk. Tokens designed to hold a peg can fail to hold it.
• Regulatory risk. The legal treatment of digital assets is unsettled and changing; new rules may adversely affect the Interface or your assets.
• Data risk. Prices, APYs, charts, signals and other figures are sourced from third parties or computed on a best-effort basis, may be delayed or wrong, and are not advice or an offer.

You agree not to use the Interface to:

• violate any law, including sanctions, export-control, anti-money-laundering and counter-terrorist-financing laws;
• launder proceeds of crime or finance prohibited activity;
• engage in market manipulation, including wash trading, spoofing or fraud;
• infringe intellectual-property or other rights of any person;
• probe, attack, overload, reverse engineer or interfere with the Interface or its infrastructure, or bypass any technical restriction or rate limit;
• misrepresent your jurisdiction or evade geographic or other restrictions, including via VPN where use is restricted.

We may restrict, suspend or terminate access to the Interface, or revoke API keys, for any wallet or person at our sole discretion, including where required by law. Because the Interface is non-custodial, no such restriction affects your assets or your ability to reach the underlying protocols by other means.

Nothing on the Interface is investment, financial, legal, accounting or tax advice, an offer or solicitation, or a recommendation of any asset, protocol or strategy. Signals, calls and measured accuracies are statistical descriptions of past data. All information is provided for general informational purposes only. We owe you no fiduciary duties, and to the fullest extent permitted by law we disclaim any that might otherwise arise. You are solely responsible for evaluating every transaction and for your own taxes, including reporting and payment in your jurisdiction.

The Interface's design, text, graphics and branding are owned by PRIZM or its licensors. We grant you a limited, revocable, non-exclusive, non-transferable license to use the Interface for its intended purpose. Token names and marks belong to their respective owners and appear for identification only.

The Interface is provided “as is” and “as available”, without warranties of any kind, express or implied, including merchantability, fitness for a particular purpose, title and non-infringement. We do not warrant that the Interface will be uninterrupted, timely, secure or error-free, that data will be accurate, or that any defect will be corrected. No advice or information obtained from us creates any warranty.

To the maximum extent permitted by law, PRIZM and its affiliates, and their officers, employees and agents, shall not be liable for any indirect, incidental, special, consequential, exemplary or punitive damages, or any loss of profits, revenue, data, use, goodwill or digital assets, arising out of or relating to the Interface or these Terms, under any theory of liability, even if advised of the possibility. In no event shall our aggregate liability exceed the greater of one hundred U.S. dollars (US$100) and the platform fees you paid through the Interface in the twelve months preceding the claim.

You will defend, indemnify and hold harmless PRIZM and its affiliates from any claim, damage, liability and expense (including reasonable attorneys' fees) arising from your use of the Interface, your violation of these Terms or of any law, or your infringement of any right of a third party.

These Terms are governed by the laws of the State of Delaware, USA, without regard to conflict-of-laws rules. Any dispute arising out of or relating to these Terms or the Interface shall be resolved by binding arbitration administered by the American Arbitration Association under its Consumer Arbitration Rules, on an individual basis only, in English. You and PRIZM each waive the right to a jury trial and to participate in any class, collective or representative action. Either party may instead bring an individual claim in small-claims court. You may opt out of this arbitration agreement by emailing legal@prizm.trading within 30 days of first accepting these Terms.

We may amend these Terms by posting an updated version with a new date; continued use after posting is acceptance. If any provision is unenforceable it will be limited to the minimum extent necessary and the remainder will stand. You may not assign these Terms; we may. These Terms, together with the Privacy Policy, are the entire agreement between you and PRIZM regarding the Interface. Sections 3, 4, 8 and 10 through 16 survive termination.

Contact · legal@prizm.trading