Terms of Use

Last updated: February 24, 2025

StableSwap is a digital asset swapping platform developed by Bold Labs Inc. (“Bold Labs,” “we,” “our,” or “us”). “StableSwap” consists of (i) our websites located at https://stableswap.xyz, including the swap app at app.stableswap.xyz and documentation at docs.stableswap.xyz (the “StableSwap Website”), and (ii) the StableSwap Protocol, an open-source cross-chain stablecoin swap protocol that uses Circle CCTP V2 and LayerZero for settlement. Details on the protocol can be found at https://staging-docs.stableswap.xyz. These Terms of Use (the “Terms”) govern your relationship with Bold Labs Inc. and your use of any functionalities, tools, or information made available through StableSwap (collectively, the “Functionalities”). Please read these Terms and our Privacy Policy located at stableswap.xyz/privacy carefully. By using any of the Functionalities, you agree to be bound by these Terms and our Privacy Policy, which is incorporated herein by reference. If you do not agree completely to these Terms or our Privacy Policy, do not use any of the Functionalities.

1. Eligibility

1.1 You must be at least the age of majority in your jurisdiction to access or use any of the Functionalities. By accessing or using any of the Functionalities, you represent that you are at least the age of majority (e.g., 18 years of age) and have the full right, power, and authority to enter and comply with these Terms. If you access or use any of the Functionalities on behalf of a legal entity, (a) all references to “you” throughout these Terms will include that entity, (b) you represent that you are authorized to accept these Terms on that entity’s behalf, and (c) in the event you or the entity violates these Terms, the entity agrees to be responsible to us.

1.2 You further represent that you are not (a) the subject of economic or trade sanctions administered or enforced by any governmental authority or otherwise designated on any list of prohibited or restricted parties (including the list maintained by the Office of Foreign Assets Control of the U.S. Department of the Treasury); (b) located, ordinarily resident, organized, established, or domiciled in Cuba, Iran, North Korea, Syria, the Crimea, Donetsk, or Luhansk Regions of Ukraine, or any other country or jurisdiction against which the U.S. maintains comprehensive economic sanctions or an arms embargo; or (c) engaged in the business of offering illegal or controlled products or services including firearms, explosives, dangerous materials, drugs, pornography, illegal gambling, human trafficking, wildlife trade, products and services derived from endangered or threatened species or other activities which may be considered illegal, dangerous or harmful. You will not and will not allow Restricted Persons to use a virtual private network (e.g., a VPN) or other means to inappropriately or evasively access any of the Functionalities.

2. Intellectual Property Ownership

2.1 You acknowledge and agree that we own all legal right, title and interest in the StableSwap Website and any of the contents made available on the StableSwap Website, including software, text, images, all trademarks, service marks, and trade names (collectively, “Bold Labs Materials”). You acknowledge that Bold Labs Materials are protected by trade dress and trademark laws, international conventions, other relevant intellectual property and proprietary rights, and applicable laws.

2.2 Subject to your compliance with these Terms, we provide you a limited, personal, non-exclusive, nontransferable, non-assignable, fully revocable license to use the Website. This license is effective until terminated. We may terminate or suspend any or all portions or features of the Website at any time and for any reason or for no reason with no liability to you. This license does not give you any ownership rights in Bold Labs or the Bold Labs Materials.

3. Privacy

3.1 When you connect a digital asset or other electronic wallet (“Wallet”) to the Website, we may collect directly from you on-chain data related to your Wallet address, including hashes of completed transactions involving your Wallet, and the tokens in your Wallet. Additionally, when you use the Website, we may collect information about you automatically through cookies and similar technologies. Please refer to our Privacy Policy, available at stableswap.xyz/privacy, for information on how we collect and use your information.

4. Prohibited Conduct and Content

4.1 You agree not to engage in any of the following conduct (each a “Prohibited Activity”) with respect to any of the Functionalities: (i) Any 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 the deployment of viruses and denial of service attacks; (ii) Any activity that seeks to circumvent a usage or capacity limit of any of the Functionalities; (iii) Any activity to defraud any person or entity, including providing any false, inaccurate, or misleading information in order to unlawfully obtain the property of another; (iv) Any activity that violates any applicable law, rule, or regulation concerning the trading of securities, derivatives, or commodities or violates any applicable sanctions or trade embargo laws; (v) Any activity that violates any other applicable law or contract, or infringes, misappropriates or violates any intellectual property right or other third-party right, or constitutes a tort or other wrongful act or omission; (vi) Any attempt to reverse engineer, disassemble, decompile, decode, adapt, or otherwise attempt to derive or gain access to any component of the Functionalities, in whole or in part; (vii) Any attempt to engage in deceptive or manipulative trading activities in any way, including using the Functionalities to conceal economic activity, launder money, or finance terrorism; or (viii) Any activity that seeks to carry out financial activities subject to registration or licensing. If you are blocked by Bold Labs from accessing any Functionality (including by blocking your IP address), you agree not to implement any measures to circumvent such blocking.

4.2 If you engage in any of the Prohibited Activities, we may, at our sole and absolute discretion, without notice or liability to you, and without limiting any of our other rights or remedies at law or in equity, immediately suspend or terminate your access to any of the Functionalities.

5. No Responsibility for Cryptographic Keys and No Fiduciary Duties

5.1 You may be required to connect a Wallet in order to access the Functionalities. When you interact with or use the Functionalities, you retain control over your Wallet, including the private keys for such Wallet. We will never ask you for the private key to a Wallet you connect to any of the Functionalities, and as between us, you are solely responsible for any disclosure of the private keys to your Wallets. We do not have a fiduciary relationship or obligation to you regarding any decisions or activities that you engage in when using our Functionalities, and these Terms are not intended to, and do not, create or impose any fiduciary duties on us.

6. Non-Solicitation and No Professional Advice

6.1 You agree and understand that transactions you submit through the Website or the StableSwap Protocol are considered unsolicited, which among other things means that you have not received any investment advice from us in connection with any transactions.

6.2 You agree and understand that all information provided by the Website is for informational purposes only and should not be construed as legal, financial, tax or other professional advice. You should not take, or refrain from taking, any action based on any information contained in the Website.

7. Disclaimers and No Warranties

7.1 YOU EXPRESSLY UNDERSTAND AND AGREE THAT YOUR ACCESS TO AND USE OF ANY OF THE FUNCTIONALITIES IS AT YOUR SOLE RISK, AND THAT YOUR ACCESS AND USE OF ANY OF THE FUNCTIONALITIES IS “AS IS” AND “AS AVAILABLE”. TO THE FULLEST EXTENT PERMISSIBLE PURSUANT TO APPLICABLE LAW, WE MAKE NO EXPRESS WARRANTIES AND HEREBY DISCLAIM ALL IMPLIED WARRANTIES REGARDING ANY PART OF THE FUNCTIONALITIES, INCLUDING THE IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT, CORRECTNESS, ACCURACY, OR RELIABILITY.

7.2 YOU ACCEPT THE INHERENT SECURITY RISKS OF PROVIDING INFORMATION AND DEALING ONLINE OVER THE INTERNET, AND YOU AGREE THAT WE HAVE NO LIABILITY OR RESPONSIBILITY FOR ANY BREACH OF SECURITY.

7.3 WE WILL NOT BE RESPONSIBLE OR LIABLE TO YOU FOR ANY LOSSES YOU INCUR AS THE RESULT OF YOUR USE OF ANY BLOCKCHAIN NETWORK OR ANY WALLET, INCLUDING ANY LOSSES, DAMAGES OR CLAIMS ARISING FROM: (i) USER ERROR, SUCH AS FORGOTTEN PASSWORDS OR INCORRECTLY CONSTRUED SMART CONTRACTS OR OTHER TRANSACTIONS; (ii) SERVER FAILURE OR DATA LOSS; (iii) CORRUPTED WALLET FILES; OR (iv) UNAUTHORIZED ACCESS OR ACTIVITIES BY THIRD PARTIES.

8. Limitation of Liability

8.1 To the fullest extent permitted by applicable law, Bold Labs and its affiliates will not be liable to you under any theory of liability—whether based in contract, tort, negligence, strict liability, warranty, or otherwise—for any indirect, consequential, exemplary, incidental, punitive or special damages or lost profits, even if Bold Labs has been advised of the possibility of such damages.

8.2 The total liability of Bold Labs for any claim arising out of or relating to the Functionalities or these Terms, regardless of the form of the action, is limited to the greater of $100 or the amount paid by you to use any of the Functionalities.

9. Indemnification

9.1 To the fullest extent permitted by applicable law, you will indemnify, defend and hold harmless Bold Labs and its affiliates, and each of our respective officers, directors, agents, partners and employees from and against any losses, liabilities, claims, demands, damages, expenses or costs arising out of or related to (a) your access to or use of any of the Functionalities; (b) your violation of these Terms; (c) your violation, misappropriation, or infringement of any rights of another (including intellectual property rights or privacy rights); or (d) your conduct in connection with any of the Functionalities.

10. Changes to these Terms

10.1 You agree that Bold Labs may make changes to these Terms at any time and for any reason at its sole discretion. If we make material changes to these Terms, we will notify you either by posting the changes on the Website or through other reasonable means. Your continued access or use of any of the Functionalities after notice of changes to these Terms will mean that you accept any and all of such changes. If you do not agree to the amended Terms, you must stop using the Functionalities.

11. Governing Law and Venue

11.1 Any dispute arising from these Terms will be governed by and construed and enforced in accordance with the laws of the State of Delaware, except to the extent preempted by U.S. federal law, without regard to conflict of law rules or principles that would cause the application of the laws of any other jurisdiction. Any dispute between the parties will be resolved in the courts of the State of Delaware or federal courts located in the State of Delaware.

12. Severability

12.1 If any provision or part of a provision of these Terms is unlawful, void or unenforceable, that provision or part of the provision is deemed severable from these Terms and does not affect the validity and enforceability of any remaining provisions.

13. Miscellaneous

13.1 The failure of Bold Labs to exercise or enforce any right or provision of these Terms will not operate as a waiver of such right or provision. These Terms reflect the entire agreement between the parties relating to the subject matter hereof and supersede all prior agreements, representations, statements and understandings of the parties. Use of the word “including” will be interpreted to mean “including without limitation.” You agree that communications and transactions between us may be conducted electronically.

If you have any questions about these Terms, please contact us at legal@boldlabs.co.