> For the complete documentation index, see [llms.txt](https://dirolprotocols-organization.gitbook.io/dirol/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://dirolprotocols-organization.gitbook.io/dirol/legal/terms-of-use.md). # Terms of Use ## TERMS OF USE *Last Updated: June 15, 2026* This Terms of Service Agreement (the "Agreement" or "Terms") constitutes a legally binding agreement between you (the "User", "you", or "your") and DIROL PTE. LTD., a private limited company incorporated under the laws of Singapore (the "Company", "we", "us", or "our"). By accessing or using the website located at dex.dirol.io and any associated subdomains, platforms, or applications (collectively, the "Interface"), connecting your cryptographic wallet, or interacting with the underlying decentralized smart contracts, you explicitly acknowledge that you have read, understood, and agreed to be bound by all the terms and conditions contained herein. *** #### 1. LEGAL STATUS OF THE DEVELOPER AND THE PROTOCOL 1.1. Graphical User Interface. The Interface is a web-based client that functions strictly as a visual software interface allowing users to interact with autonomous, immutable, and self-executing smart contracts deployed on the Monad blockchain network (the "Protocol"). 1.2. Role of the Company. The Company operates solely as a software development studio. The Company’s activities are strictly limited to designing, developing, and publishing open-source code and maintaining the visual front-end Interface. 1.3. No Financial Intermediation. The Company does not operate a virtual asset exchange, perpetual futures brokerage, clearinghouse, money transmitter, or traditional financial institution. The Company does not provide commercial liquidity, execution services, clearing, settlement, or financial, investment, or legal advice. #### 2. NON-CUSTODIAL ARCHITECTURE 2.1. Complete Non-Custodial Operation. The Interface and the Protocol are entirely non-custodial. The Company does not hold, store, manage, or maintain access to your cryptographic keys, digital assets, margin balances, collateral, or deposits at any time. 2.2. Automated Execution. All leverage calculations, trading matches, funding rates, and liquidations are processed autonomously and transparently on-chain by the Protocol. The User retains 100% sole custody, control, and legal liability for their Web3 wallets and assets. #### 3. ELIGIBILITY AND PROHIBITED JURISDICTIONS 3.1. General Eligibility. You must be of legal age and possess the full legal capacity to enter into this Agreement under the laws of your applicable jurisdiction. 3.2. Restricted Jurisdictions. The Interface, the Protocol, and any features related to leverage, perpetual contracts, futures, or margin trading (collectively, the "Services") are NOT intended for, and are strictly prohibited to be accessed or used by, any individual, corporate entity, or collective group who is a citizen, resident, or located within any jurisdiction where the use of such services is unlawful, prohibited, or subject to comprehensive economic sanctions (collectively, the "Restricted Jurisdictions"). #### 4. ABSOLUTE PROHIBITION OF VPN AND LOCATION-MASKING 4.1. VPN Evasion Prohibited. Users are strictly prohibited from using Virtual Private Networks (VPNs), proxy servers, Tor network routing, onion routing, GPS-spoofing, or any other location-masking software, hardware, or technical mechanisms to circumvent the geographic restrictions implemented on the Interface. 4.2. Material Breach. Any attempt to access perpetual trading or margin features from a Restricted Jurisdiction via a VPN or proxy server constitutes a material breach of this Agreement and immediate grounds for automated interface termination. 4.3. Assumption of Risk. The Company implements reasonable, commercially practicable geographic blocking. If a user successfully bypasses these technical filters using advanced spoofing methods, the User explicitly agrees that such access is completely unauthorized, unlawful, and executed at the User's sole personal legal and financial risk. #### 5. FEES, TRADING COSTS, AND ON-CHAIN TRANSACTIONS 5.1. Blockchain Fees. All transactions initiated through the Interface require the payment of network fees (e.g., gas fees) to the underlying Monad blockchain network. These fees are entirely outside the control of the Company. 5.2. Protocol Fees. Any trading fees, funding rates, or liquidation fees associated with your trading activity are processed, collected, and distributed automatically and programmatically by the open-source smart contracts of the Protocol. The Company does not hold, manage, or clear these transactions manually, and does not maintain a centralized bank account for the collection of user trading fees. #### 6. PROHIBITED CONDUCT AND USER CODE OF CONDUCT 6.1. Prohibited Activities. You explicitly agree not to engage in, attempt to engage in, or facilitate any of the following prohibited behaviors while using the Interface: * **Market Manipulation:** Engaging in wash trading, front-running, spoofing, or manipulating price oracles to distort the fair trading mechanisms of the Protocol. * **Malicious Infrastructure Exploitation:** Deploying viruses, worms, Trojan horses, denial-of-service (DoS) attacks, or scripts designed to interfere with or compromise the operational integrity of the Interface or the Monad network. * **Financial Crimes:** Using the Interface to facilitate money laundering, terrorist financing, or interacting with addresses flagged by global law enforcement or compliance entities. #### 7. INTELLECTUAL PROPERTY RIGHTS 7.1. Company IP. All rights, titles, and interests in the Interface, including the graphic design, brand name, logos, text, interface components, and UI/UX software elements, are the exclusive intellectual property of the Company or its licensors. 7.2. Open-Source Software. The underlying Protocol smart contract code may be governed by independent open-source software licenses (e.g., MIT, Apache, or GNU). Your use of the Protocol code is subject to the terms of those specific licenses, which exist separately from this Agreement. #### 8. ASSUMPTION OF RISK, VOLATILITY, AND LIQUIDATIONS 8.1. Leverage Risks. You explicitly acknowledge that trading perpetual contracts, futures, and utilizing leverage involves an extreme degree of financial risk. Cryptographic asset markets are subject to severe volatility. Under certain market conditions, your open positions may be automatically liquidated on-chain by the Protocol's programmatic rules, resulting in a total loss of your deposited collateral. 8.2. Technical Risks. You assume all risks associated with cryptographic systems, including smart contract vulnerabilities, software bugs, coding exploits, pricing oracle failures, block explorer delays, network congestion, and hard forks on the Monad blockchain. #### 9. NO WARRANTIES (PROVIDED "AS-IS") 9.1. Absolute Disclaimer. THE INTERFACE AND THE PROTOCOL ARE PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS, WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED. THE COMPANY EXPLICITLY DISCLAIMS ALL WARRANTIES, INCLUDING BUT NOT LIMITED TO MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT. THE COMPANY DOES NOT WARRANT THAT THE INTERFACE WILL BE UNINTERRUPTED, SECURE, OR ERROR-FREE. #### 10. LIMITATION OF LIABILITY 10.1. Exclusion of Damages. TO THE MAXIMUM EXTENT PERMITTED UNDER APPLICABLE LAW, IN NO EVENT SHALL DIROL PTE. LTD., ITS DIRECTORS, EMPLOYEES, AGENTS, OR AFFILIATES BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, OR ANY LOSS OF PROFITS, REVENUE, DIGITAL ASSETS, FUNDS, OR DATA, ARISING OUT OF OR IN CONNECTION WITH YOUR USE OF THE INTERFACE OR THE AUTONOMOUS PROTOCOL, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. #### 11. INDEMNIFICATION 11.1. Indemnity Clause. You agree to indemnify, defend, and hold harmless DIROL PTE. LTD., its officers, directors, employees, and affiliates from and against any and all claims, damages, liabilities, losses, costs, and expenses (including reasonable legal fees) arising from or relating to your violation of this Agreement, your use of the Interface, or your violation of any laws or rights of any third party. #### 12. TAXES AND COMPLIANCE OBLIGATIONS 12.1. User Tax Responsibility. You are solely responsible for determining what, if any, taxes apply to your digital asset transactions initiated through the Interface. The Company is not responsible for determining, withholding, collecting, reporting, or remitting any taxes arising from your Protocol interactions. #### 13. AMENDMENTS AND MODIFICATIONS 13.1. Right to Modify. The Company reserves the right, at its sole discretion, to modify, amend, or update these Terms at any time. Any changes will be effective immediately upon publication of the updated Terms on the GitBook platform or the website. Your continued use of the Interface following the posting of changes constitutes your acceptance of such changes. #### 14. SEVERABILITY AND ENTIRE AGREEMENT 14.1. Complete Agreement. These Terms constitute the entire agreement between you and the Company regarding the use of the Interface. If any provision of these Terms is found to be invalid or unenforceable by a court of competent jurisdiction, that provision will be enforced to the maximum extent permissible, and the remaining provisions will remain in full force and effect. #### 15. GOVERNING LAW AND BINDING ARBITRATION 15.1. Governing Law. This Agreement shall be governed by, and construed in accordance with, the laws of the Republic of Singapore, without regard to its conflict of law principles.