# Welcome ## Welcome to **Defi App**, a streamlined and modular DeFi platform built to make decentralized finance simple for everyone. Defi App is a decentralized trading platform for swapping tokens, trading perpetuals, and earning yield, all from one interface and across EVM and Solana. Whether you are new to DeFi[^1] or an experienced user, we provide the tools and features you need to navigate the world of DeFi effortlessly. *** ### What You Can Do **Swap Tokens** — Exchange any token across many chains. Cross-chain swaps execute automatically; no bridging, gas token management, or slippage configuration required. **Trade Perpetuals** — Open leveraged long and short positions with up to 100x leverage on some assets. Defi App now supports US stock perpetuals via HIP-3. Perpetuals trading uses isolated margin and supports multiple collateral types. **Earn Yield** — Deposit assets into yield-generating strategies. Defi App aggregates opportunities across DeFi protocols and presents them in a unified interface. **Earn HOME Rewards** — Receive $HOME tokens for trading activity. Stake $HOME to unlock governance rights, fee discounts, and boosted rewards. **Compete** — Defi App hosts [Battle Royale](/knowledge-base/reference/past-events/battle-royale), a trading competition where participants via realized PnL compete for a share of rewards. *** ### Platform Features **Gasless Transactions** — Defi App sponsors gas fees across all supported chains. Hold any token and trade immediately without acquiring native gas tokens. **Unified Wallet Management** — Manage EVM and Solana wallets from a single interface. New users receive both wallet types automatically on signup. **Cross-Chain Execution** — Swaps between different chains settle behind the scenes. Select your source and destination tokens while Defi App handles bridging and routing. **Self-Custody** — All assets remain in your wallets. Defi App never takes custody of funds. *** ### Get Started {% stepper %} {% step %} ### Create an account [Sign up](/knowledge-base/onboarding/account-setup) with email or connect an existing wallet. {% endstep %} {% step %} ### Fund your account [Fund your account](/knowledge-base/onboarding/funding-your-smart-account) by transferring crypto or buying crypto with fiat. {% endstep %} {% step %} ### Start trading Swap, trade perps, or earn yield, all through Defi App. {% endstep %} {% endstepper %} *** ### Learn More * [Swap Tokens](/knowledge-base/trade-and-earn/swap-tokens) * [Trade Perpetuals](/knowledge-base/trade-and-earn/trade-perpetuals) * [Earn Yield](/knowledge-base/trade-and-earn/earn-yield) * [Compete in Battle Royale](/knowledge-base/reference/past-events/battle-royale) * Defi App's [HOME Token](/knowledge-base/home-token/tokenomics) [^1]: Decentralized finance # Why Defi App? DeFi assets are difficult to manage. Defi App makes it easier. ## Challenges in DeFi Decentralized finance has massive potential, but several challenges have consistently held it back from broader adoption: * **Complex User Experience**: The steep learning curve, confusing interfaces, and technical barriers make DeFi intimidating for newcomers. * **Fragmented Ecosystem**: Managing assets across multiple blockchains can feel disjointed and labor-intensive, with users needing to navigate different platforms and tools. * **Risk of User Errors**: DeFi can be unforgiving—losing a seed phrase or making a small mistake can lead to significant financial losses. * **Issues with Centralized Exchanges**: Centralized exchanges compromise control and security by holding custody of users' assets, which goes against the core principles of decentralization. *** ## How Defi App Solves These Challenges Defi App directly addresses these issues to make DeFi simple, safe, and accessible: * **Unified Platform**: Defi App provides native account abstraction, allowing you to connect your wallets and manage all your assets without dealing with technical intricacies. There’s no need to navigate multiple tools or migrate assets across chains—everything you need is in one place. * **Cross-Chain Capabilities**: Our platform supports seamless engagement across different blockchain networks. Swap tokens, leverage assets, or yield farm—Defi App breaks down chain boundaries, so you can take advantage of opportunities anywhere in DeFi. * **Gasless Transactions**: Defi App sponsors gas fees, meaning you don’t need to hold specific gas tokens for every chain. This makes transactions easy and eliminates a common barrier that frustrates both new and experienced users. * **Intuitive Design**: Defi App’s user-friendly interface ensures that anyone, from beginners to experts, can navigate DeFi confidently. *** ## Who is Defi App For? Defi App is for **anyone** who wants to engage with decentralized finance in a simple, stress-free way. We designed Defi App to be powerful enough for the veterans, but also welcoming and accessible for those who've never used crypto before. ### **Complete Beginners** Maybe you're someone who's heard about crypto but found it intimidating—Defi App is built to take away the guesswork. If you’re new to crypto and DeFi, Defi App simplifies getting started. You won’t need to understand bridging, gas fees, or complex wallet setups—just follow a few simple steps to set up your crypto wallet, fund your account, and start swapping. ### **Seasoned Web3 Users** For degens already familiar with DeFi, Defi App offers advanced tools to manage multiple wallets across chains, leverage seamless swaps across EVM and Solana, and utilize on/off-ramp integration—all from one platform. It's a power tool with a UX inspired by the best web2 platforms. # Core Features Defi App is a standout choice for anyone looking to move away from centralized exchanges (CEX) and traditional wallets. Why? ### Wallet Abstraction & Unified Management Manage multiple wallets—both EVM and Solana—under one streamlined interface, making it easy to switch between them as needed. Defi App creates both an EVM and Solana wallet for new users, allowing you to get started immediately without the hassle of wallet setup. *** ### Gasless Transactions Defi App sponsors gas fees, removing the need for users to hold specific gas tokens, simplifying transactions across different chains. *** ### Seamless Swaps Across Chains Swap tokens seamlessly across different chains without needing to deal with gas tokens, bridges, or slippage. *** ### Cross-Chain Compatibility Manage assets seamlessly across both EVM and Solana ecosystems without switching between platforms. Cross-chain swaps are executed behind the scenes, eliminating the need for users to manage bridging or token compatibility manually. # Create an Account Welcome to Defi App. The **Onboarding** section of the documentation walks you through creating an account, setting up your wallets, funding your account, and getting started with the key features Defi App has to offer. *** ## Choose an Authentication Method The method you use to sign up is also the method you use to sign in to [Defi App](https://app.defi.app/login). You can authenticate with: * An [email address](#sign-up-using-an-email-address) * A [social account](#sign-up-using-a-social-account) * An [existing wallet](#sign-up-using-an-existing-wallet) *** ### **Sign Up Using an Email Address** To authenticate using your email address: {% stepper %} {% step %} ### Enter your email address.
{% endstep %} {% step %} ### Get and submit your confirmation code. You'll receive a 6-digit confirmation code via email. Copy and paste the code into Defi App. {% endstep %} {% step %} ### You're done! You're redirected to the **Trade** dashboard of your new account**.** Next, [configure your wallet](/knowledge-base/onboarding/configure-your-wallets). {% hint style="info" %} When you sign in in the future, you must verify your identity with the same email address. {% endhint %} {% endstep %} {% endstepper %} *** ### **Sign Up Using a Social Account** To authenticate using a supported social account: {% stepper %} {% step %} ### Choose a social account to sign in with.
{% hint style="warning" %} We are aware of an issue where Coinbase accounts with extensive transaction histories may time out during authentication. {% endhint %} {% endstep %} {% step %} ### Follow the prompts to link your account. {% endstep %} {% step %} ### You're done! You're redirected to the **Trade** dashboard of your new account**.** Next, [configure your wallet](/knowledge-base/onboarding/configure-your-wallets). {% hint style="info" %} When you sign in in the future, you must verify your identity with the same social account. {% endhint %} {% endstep %} {% endstepper %} *** ### Sign Up Using an Existing Wallet To authenticate using an existing wallet: {% stepper %} {% step %} ### Click on **Continue with a wallet.** {% endstep %} {% step %} ### Find and click on your wallet provider. Defi App supports hundreds of wallet providers. If you don't see yours right away, you can use the search bar to find it. If your wallet isn't supported yet, please let us know. {% endstep %} {% step %} ### Follow the prompts to link your wallet to Defi App. {% endstep %} {% step %} ### You're done! You're redirected to the **Trade** dashboard of your new account**.** Next, [configure your wallet](/knowledge-base/onboarding/configure-your-wallets). {% hint style="info" %} When you sign in in the future, you must verify your identity through the same wallet. {% endhint %} {% endstep %} {% endstepper %} *** ## Next Steps Configure the wallets you want to manage with Defi App. # Configure Your Wallets You can connect multiple EVM[^1] and Solana-based wallets and manage them all from the Defi App interface. *** ## Your Active Wallets Your **active wallets** are used to make transactions. You can have one EVM and one Solana wallet active at a time. Defi App presents an aggregated portfolio view, showing the total value of your assets across both wallets as well as an itemized list of your assets. {% hint style="info" %} Learn more about [/pages/6jEQPOMAlJhApjpfFM2U#evm-chains-vs.-solana](https://docs.defi.app/knowledge-base/onboarding/pages/6jEQPOMAlJhApjpfFM2U#evm-chains-vs.-solana "mention") {% endhint %} View and manage your active wallets from the menu in the top-right corner of your **Trade** dashboard.
To change an active wallet, go to **Settings,** then to **Wallets,** and click on the wallet you want to change. Select the wallet you want to use instead. Learn more about managing your active wallet [here](/knowledge-base/wallets/manage-your-wallets). {% hint style="warning" %} Before making a transaction, ensure that your active wallets are set properly, especially if you hold similar assets in different wallets. {% endhint %} *** ## Defi App Built-In Wallets When you create an account, Defi App automatically creates two wallets for you: one for EVM Chains and one for Solana. You can fund your account using these default wallets and start trading with Defi App right away.
*** ## Connect Your Other Wallets Optionally, you can connect additional wallets, allowing you to manage them through Defi App as well. To connect another wallet, go to **Settings,** then to **Wallets,** and click on **Connect Wallet**.
*** ## Next Steps When you are happy with your wallet configuration, which can be as simple as the two default wallets Defi App provides, fund your account. [^1]: Ethereum Virtual Machine # Fund Your Account Fund your account with crypto you already own or with cash (e.g. a debit card). For step by step instructions on funding your account, choose a method: * [Transfer crypto](/knowledge-base/onboarding/funding-your-smart-account/deposit-crypto) from another wallet. * [Buy crypto](/knowledge-base/onboarding/funding-your-smart-account/buy-crypto) with cash/fiat[^1]. {% hint style="info" %} If you want to deposit funds later, you can click on **Deposit funds later** in the app interface and start exploring Defi App features instead. See [Start Trading](/knowledge-base/onboarding/start-trading) for an overview of what you can do. {% endhint %} [^1]: Government-issued currency, e.g. USD # Deposit Crypto You can transfer supported tokens from another wallet directly into your Defi App account. *** ## Supported Networks Defi App supports the following networks: Arbitrum Base BNB Chain Ethereum Mainnet Solana Sonic {% hint style="info" %} Defi App adds additional networks as it expands. {% endhint %} *** ## **Procedure** {% stepper %} {% step %} ### Select Crypto. On the funding screen, choose the **Crypto** option. {% endstep %} {% step %} ### **Choose your token and network.** You’ll be prompted to select from a list of supported tokens/networks. {% endstep %} {% step %} ### Select the appropriate network for your transfer. {% hint style="danger" %} You must select a network that supports the token you're depositing, otherwise your funds may be lost. {% endhint %}
Options vary based on your deposit token. {% endstep %} {% step %} ### Initiate the deposit. You can either: * **Deposit from Your Wallet**: Click **Deposit from your wallet** and connect your existing wallet (such as MetaMask, Phantom, Coinbase Wallet, etc.). Follow the prompts to approve the transaction and initiate the transfer. * **Use QR Code**: Alternatively, you can scan the QR code displayed on the deposit screen. Use your wallet app to scan the code and complete the transaction. {% endstep %} {% step %} ### Enter an amount and click Deposit. {% endstep %} {% step %} ### You're done! Your funds are available immediately. You can [Start Trading](/knowledge-base/onboarding/start-trading) with Defi App. {% endstep %} {% endstepper %} # Buy Crypto You can deposit funds into your Defi App account by using cash (e.g. a debit card) to buy crypto. {% stepper %} {% step %} ### Select Cash. On the funding screen, choose the **Cash** option. {% endstep %} {% step %} ### Enter an amount and select a currency. Make sure to select the currency you want to pay with. Enter an amount.
{% endstep %} {% step %} ### Select a token and network.
{% endstep %} {% step %} ### Select an onramp. Defi App automatically highlights top-performing onramps for your purchase. You can change the onramp to fit your use case.
{% endstep %} {% step %} ### Select your method of cash deposit. You can use a debit card, credit card, bank account, or a number of other supported financial institutions. {% endstep %} {% step %} ### Follow the prompts for your onramp. {% endstep %} {% step %} ### You're done! Depending on the financial institution you use, your funds may be available immediately or after a few business days. When the transaction's complete, you can [Start Trading](/knowledge-base/onboarding/start-trading) with Defi App. {% hint style="info" %} Most funds are available immediately. Bank and ACH transfers may take longer. {% endhint %} {% endstep %} {% endstepper %} # Start Trading You’ve completed the onboarding process and are ready to start exploring everything Defi App has to offer! Start managing your wallets, swapping tokens, and exploring other DeFi opportunities. *** ## Next Steps For more information on using key features, see the **Trading** section of the documentation. Get started with any of the following actions: * [Swap Tokens](/knowledge-base/trade-and-earn/swap-tokens) * [Earn Yield](/knowledge-base/trade-and-earn/earn-yield) * [Trade Perpetuals](/knowledge-base/trade-and-earn/trade-perpetuals) * [Stake HOME tokens](/knowledge-base/home-token/staking) # Your Wallets When you sign up, Defi App creates two new wallets for you: one for EVM chains and one for Solana. You can add any of your existing wallets to manage those assets from Defi App as well. ## How It Works Defi App automatically creates an EVM and a Solana wallet for you (smart accounts). Connect any additional wallets you own and manage them through Defi App. {% hint style="success" %} All assets remain in your wallets; Defi App never takes custody of funds. {% endhint %} ### **Smart Accounts** When you [create an account](/knowledge-base/onboarding/account-setup) on Defi App, smart contracts (or smart accounts) are automatically deployed on every supported EVM chain, under the same address. There is one unique address for your EVM-based chains, and one for Solana, as well. This means that regardless of the blockchain you are interacting with, your wallet address remains consistent, making it easier to manage assets across different networks. ### **Wallet Aggregation** Defi App allows you to aggregate multiple wallets within a single interface. This means that users can add multiple EVM and Solana wallets to their account and easily switch between them without needing to manage separate wallet interfaces or applications for each chain. However, only one EVM and one Solana wallet can be active at a time, keeping wallet management straightforward.
*** ## Manage Your Wallets To manage your connected wallets, click the Defi App menu in the top-right corner of the app.
### Switching Between Active Wallets Defi App allows you to switch between your active wallets in just a few clicks, keeping your DeFi experience seamless and organized. Whether you’re using the EVM and Solana wallets automatically created for you or external wallets you’ve attached, Defi App makes switching active wallets easy. This flexibility allows you to choose the wallet you want to use for different activities, such as swapping tokens or staking assets, ensuring you have control over which assets are accessible at any given time. When you have multiple wallets attached, you can toggle which wallet to set as active for each type (EVM or Solana). Only the active wallet is used for transactions, swapping, or staking at any given time. To change your active wallet, go to your **Settings**, then **Wallets,** and click on the wallet that you want to activate. A green dot indicates an active wallet.
*** ### Connect an Existing Wallet to Defi App Optionally, you can connect your existing wallets, allowing you to manage them through Defi App as well. To connect another wallet, go to **Settings,** then to **Wallets,** and click on **Connect Wallet**. {% hint style="success" %} All assets remain in your wallets; Defi App never takes custody of funds. {% endhint %}
*** ### Disconnect a Wallet Disconnecting wallets you don't use from Defi App use can help declutter your account. Disconnecting a wallet removes it from the Defi App interface, but the funds within the wallet remain securely stored on-chain. You can still access and manage those funds directly through the external wallet provider (e.g., MetaMask or Phantom). To disconnect a wallet, go to your **Settings**, then **Wallets**, and click the ![](/files/QM65rTuWbHRMTKqXUs8A) icon for the wallet you want to disconnect. # Transfer Funds Transfer funds into or out of your Defi App account from your **Trade** dashboard. You can: * [Deposit crypto](/knowledge-base/wallets/transfer-funds/deposit-or-buy-crypto) by transferring tokens from another wallet, or by buying tokens using Defi App. * [Withdraw crypto](/knowledge-base/wallets/transfer-funds/withdraw-crypto) from a Defi App-managed wallet to a destination wallet. # Deposit or Buy Crypto Deposit funds into your account with crypto you already own, or by purchasing crypto with cash (e.g. a debit card) through Defi App. * [Transfer crypto](#transfer-crypto-from-another-wallet) from another wallet * [Use cash](#buy-crypto-with-cash) to purchase crypto *** ## Transfer Crypto From Another Wallet To transfer tokens from another one of your wallets into a Defi App-managed wallet: {% stepper %} {% step %} ### On your Trade dashboard, activate the wallet that you want to deposit crypto into. Select the wallet that you want to transfer crypto into from your **Settings** menu. To learn more about your active wallets, see [Manage Your Wallets](/knowledge-base/wallets/manage-your-wallets). {% hint style="warning" %} Before making a transaction, ensure that your active wallets are set properly, especially if you hold similar assets in different wallets. {% endhint %} {% endstep %} {% step %} ### Click on **Deposit**. The **Deposit** button is at the top of your profile, under your total balance. {% endstep %} {% step %} ### Select the token that you want to deposit. Defi App presents a list of common tokens to choose from, or you can search for your token with the search bar. {% endstep %} {% step %} ### Select the appropriate network for your transfer. {% hint style="danger" %} You must select a network that supports the token you're depositing, otherwise your funds may be lost. {% endhint %}
Options vary based on your deposit token. {% endstep %} {% step %} ### **Connect your wallets.** You can connect a wallet to deposit from, or scan the QR code of your active wallet to deposit into. You can either: * **Deposit from a Wallet**: Click **Connect wallet** and connect your existing wallet (such as MetaMask, Phantom, Coinbase Wallet, etc.). Follow the prompts to approve the transaction and initiate the transfer. * **Use QR Code**: Alternatively, you can scan the QR code displayed on the deposit screen. Use your wallet app to scan the code and complete the transaction {% endstep %} {% step %} ### Enter an amount and click Deposit.
{% endstep %} {% step %} ### You're done! Your funds are available immediately. {% endstep %} {% endstepper %} *** ## Buy Crypto With Cash To buy tokens with cash through Defi App: {% stepper %} {% step %} ### On your **Trade** dashboard, activate the wallet that you want to deposit crypto into. Select the wallet that you want to transfer crypto into from your ![](/files/4I3dRohMQClxSOzpQ3Yp) Settings menu. To learn more about your active wallets, see [Manage Your Wallets](/knowledge-base/wallets/manage-your-wallets). {% hint style="warning" %} Before making a transaction, ensure that your active wallets are set properly, especially if you hold similar assets in different wallets. {% endhint %} {% endstep %} {% step %} ### Click on ![](/files/MqEiSL0i7sfRsIiu0CNZ) **Buy Crypto**. The **Buy Crypto** button is in the top-right corner of your portfolio view. {% endstep %} {% step %} ### Enter an amount and select a currency. Make sure to select the currency you want to pay with. Enter an amount.
{% endstep %} {% step %} ### Select a token and network.
{% endstep %} {% step %} ### Select an onramp. Defi App automatically highlights top-performing onramps for your purchase. You can change the onramp to fit your use case.
{% endstep %} {% step %} ### Select your method of cash deposit. You can use a debit card, credit card, bank account, or a number of other supported financial institutions. {% endstep %} {% step %} ### Follow the prompts for your onramp. {% endstep %} {% step %} ### You're done! Depending on the financial institution you use, your funds may be available immediately or after a few business days. {% endstep %} {% endstepper %} # Withdraw Crypto You can withdraw tokens that you hold in Defi App-managed wallets by transferring them to another wallet. ## Prerequisites To withdraw crypto from your Defi App account, you need the address of an external wallet to transfer your funds into. *** ## Procedure To withdraw crypto from any of your Defi App-managed wallets: {% stepper %} {% step %} ### On your Trade dashboard, activate the wallet that you want to withdraw tokens from. To change an active wallet, go to **Settings,** then to **Wallets,** and click on the wallet you want to change. Select the wallet you want to use instead. Learn more about managing your active wallet [here](/knowledge-base/wallets/manage-your-wallets). {% hint style="warning" %} Before making a transaction, ensure that your active wallets are set properly, especially if you hold similar assets in different wallets. {% endhint %} {% endstep %} {% step %} ### Click on Withdraw. The **Withdraw** button is is at the top of your profile, under your total balance. {% endstep %} {% step %} ### Select the token you want to withdraw. Defi App presents a list of assets in your active wallets. Select or search for the token you want to withdraw. {% endstep %} {% step %} ### Enter your destination wallet address. {% endstep %} {% step %} ### Select a network. Defi App supports the following networks: * **Ethereum** * **Arbitrum** * **BNB Chain** * **Base** * **Solana** * **Sonic** {% hint style="danger" %} You must choose a network supported by the destination address. Otherwise, you could lose your funds. {% endhint %} {% endstep %} {% step %} ### Enter an amount to transfer. Defi App displays your active wallet balance of the token you selected. {% endstep %} {% step %} ### Review your quote and adjust transaction settings. You can adjust your slippage tolerance and the transaction mode for Solana swaps. {% endstep %} {% step %} ### Click Withdraw. Check your destination wallet to confirm that the transfer was successful. {% endstep %} {% step %} ### You're done! Your funds are available immediately. {% endstep %} {% endstepper %} # Manage Your Wallets View and chance your active wallets, or disconnect a wallet from Defi App. To manage your connected wallets, click the Defi App menu in the top-right corner of the app.
*** ## Switching Between Active Wallets Defi App allows you to switch between your active wallets in just a few clicks, keeping your DeFi experience seamless and organized. Whether you’re using the EVM and Solana wallets automatically created for you or external wallets you’ve attached, Defi App makes switching active wallets easy. This flexibility allows you to choose the wallet you want to use for different activities, such as swapping tokens or staking assets, ensuring you have control over which assets are accessible at any given time. When you have multiple wallets attached, you can toggle which wallet to set as active for each type (EVM or Solana). Only the active wallet is used for transactions, swapping, or staking at any given time. To change your active wallet, go to your **Settings**, then **Wallets,** and click on the wallet that you want to activate. A green dot indicates an active wallet.
*** ## Disconnecting a Wallet Disconnecting wallets you don't use from Defi App use can help declutter your account. Disconnecting a wallet removes it from the Defi App interface, but the funds within the wallet remain securely stored on-chain. You can still access and manage those funds directly through the external wallet provider (e.g., MetaMask or Phantom). To disconnect a wallet, go to your **Settings**, then **Wallets**, and click the ![](/files/QM65rTuWbHRMTKqXUs8A) icon for the wallet you want to disconnect. # Private Key Management Encryption & Key Management Defi App integrates [**Turnkey**](https://github.com/tkhq) via Dynamic’s Account Abstraction infrastructure to provide secure, passkey-authenticated wallet management. Private keys are protected using **secure enclaves and AWS Nitro Enclaves**, ensuring high security without local storage. ## **Storage & Security Mechanism** #### **Turnkey-Managed Private Keys via Secure Enclaves** * **Passkeys replace traditional passwords** and are tied to a user's biometric authentication (TouchID, FaceID) or hardware security module. **Passkeys sync across devices** via keychains (iCloud, Google Password Manager, 1Password), allowing users to sign transactions securely from any device. * **Private keys are never directly stored** on the user's device. Instead, they are protected using **secure enclaves** (e.g., iOS Secure Enclave, Android’s Trusted Execution Environment). * Wallet objects and verified credentials include **Turnkey-specific metadata** for authentication: * `turnkeySubOrganizationId` * `turnkeyPrivateKeyId` * `turnkeyHDWalletId` * `turnkeyUserId` * **Session Security Flags**: * `isAuthenticatorAttached`: Ensures wallet meets **biometric authentication security**. * `isSessionKeyCompatible`: Determines whether **session-based keys** can be used securely. ## Security & Compliance ### **Key Protection & Encryption** Private keys are never stored in plaintext—they are encrypted and only decrypted inside tamper-proof secure enclaves. AWS Nitro Enclaves and Trusted Execution Environments (TEEs) ensure all cryptographic operations happen in isolated, auditable environments. **No raw private key access** is needed at any point, reducing phishing and attack risks. Passkeys replace passwords, using biometric authentication (FaceID, TouchID) or hardware security modules for frictionless, secure access. ### **Backup & Recovery** * Passkeys sync across devices via keychain providers like iCloud, Google Password Manager, and 1Password, enabling seamless recovery. * Encrypted private key ciphertext is stored in disaster recovery databases, ensuring fault tolerance without compromising security. ### **Regulatory & Security Standards** * EIP-4361 (Sign-In with Ethereum) & BIP-32/39 compliance for wallet authentication and hierarchical deterministic wallets. * Non-custodial architecture—only the end user can authorize key usage, reinforcing full user control over their funds. * Turnkey follows industry-standard cryptographic practices, but explicit FIPS-140-2 certification is not publicly confirmed. # Authentication Flow 1. Log in via **email OTP or social sign-in**. 2. You are prompted to create a **passkey (TouchID, FaceID, Windows Hello)**. 3. A **biometric check** generates a passkey stored in the **secure enclave**. 4. Dynamic sends a **challenge**, which is signed and verified using Turnkey. 5. Turnkey encrypts this data in an **AWS Nitro Enclave**, associating the passkey with the user's wallet. 6. Users can now **sign transactions using their passkey**. # Transaction Signing (EVM & Solana) All transactions must be **signed using passkeys**, ensuring the **private key remains secure and never exposed**. * The **SolanaProvider** ensures compatibility (`isSessionKeyCompatible`). * **For EVM-based transactions**, the wallet object includes **Turnkey-verified credentials** before signing occurs. # Integration with Solana ### **TurnkeySigner for Solana Transactions** TurnkeySigner extends `ISolanaSigner` with a **Turnkey-specific address**, ensuring that transaction signing is **linked securely** to Turnkey's infrastructure. ```typescript export type TurnkeySigner = ISolanaSigner & { turnkeyAddress: string; }; ``` * The `turnkeyAddress` uniquely identifies a signer as a **Turnkey-managed wallet**. **Wallet Recognition (solana-provider.ts)** The Solana provider checks if a connected wallet is a **TurnkeySigner** via `isExternalSolanaSigner()`: ```typescript isExternalSolanaSigner(): boolean { return !(this.solanaWallet as TurnkeySigner).turnkeyAddress; } ``` * If `turnkeyAddress` is **missing**, the wallet is treated as **an external signer** (not managed by Turnkey). ### **Transaction Signing with TurnkeySigner** * The provider retrieves the signer using `getSigner()`. * If the signer is **Turnkey-integrated**, the signing process is secured by **Dynamic’s passkey-based authentication** and **AWS Nitro Enclaves** before executing `signTransaction` or `signAllTransactions`. # Wallet Security **Defi App** provides the option to set up 2FA as a security measure for your wallet. Follow these steps to set up 2FA with an authenticator app: 1. Click on the settings icon () in the top-right corner of the app. ​ 2. Select "**Settings"** from the dropdown menu, then navigate to **Security** in the left sidebar. 3. Click the "**Set up now" button** in the 2FA section to begin the setup process.
4. Choose how to connect your authenticator app: * **QR code** (): Open your authenticator app and scan the QR code displayed in Defi App to link your account. * **Secret key**: Click "**Show secret"** to reveal the 32-character key. Copy and paste this key into your authenticator app to link your account. 5. Your authenticator app will generate six-digit authentication codes that refresh every 30 seconds. Enter the current code to verify and complete the setup.
6. After successfully setting up 2FA, you will receive backup codes. Save these codes in a secure location in case you lose access to your authenticator app.
# Account Recovery Placeholder for future information on recovery options (e.g., email loss, passkey reset). # Delete Your Account To delete your Defi App account: {% stepper %} {% step %} ### Go to your account settings.
{% endstep %} {% step %} ### Click ![](/files/hQfB49Ortplm3uTRdS45) Account.
{% endstep %} {% step %} ### Click Delete account. You will be prompted to transfer any funds remaining in your account. {% endstep %} {% step %} ### Transfer your funds, if applicable.
{% endstep %} {% step %} ### Confirm that you want to delete your account. Click **Delete account**.
{% endstep %} {% step %} ### Enter the code sent to your email address.
{% endstep %} {% step %} ### You're done! Your Defi App account is deleted. {% endstep %} {% endstepper %} # Revenue Sharing Earn a portion of trading fees when your referrals trade on Defi App. Revenue sharing rewards users who grow the Defi App network. When someone you refer trades, a portion of the fees they generate flows directly to your account as USDC. Increase your earnings by trading more, staking $HOME, and building a referral network. {% hint style="info" %} Revenue sharing replaces the previous XP-based referral rewards. You now earn USDC instead of XP from referrals. XP you already earned for Season 2 remains unchanged. {% endhint %} ## Overview Every trade on Defi App generates fees. A portion of these fees flows to referrers through a multi-tier reward system. When you refer your first user, you establish a referral chain and earn when people you invite trade. You also earn when their referrals trade, up to 3 levels deep: | Level | Description | | ------- | ------------------------------- | | Level 1 | People you refer directly | | Level 2 | People referred by your Level 1 | | Level 3 | People referred by your Level 2 | ## Referral Rate Your referral rate determines the size of the referral pool when your referrals trade. The rate depends on two factors: 1. your 30-day trading volume, and 2. your staked $HOME value. 
REFERRAL RATE = VOLUME TIER PERCENTAGE × STAKNG BOOST MULTIPLIER
{% hint style="info" %} For example, if you are in [Volume Tier 2](#volume-tiers) with a 1.25x [Staking Boost](#staking-boosts), your referral rate is 25%. The maximum achievable referral rate is rate 43.75% (25% volume tier base rate × 1.75 staking boost). {% endhint %} ### Volume Tiers Volume tiers are based on your 30-day rolling trading volume ([spot](/knowledge-base/trade-and-earn/swap-tokens) and [perpetuals](/knowledge-base/trade-and-earn/trade-perpetuals) trades combined). Your tier updates continuously based on this rolling window. If your volume drops, your tier drops as well. | Tier | 30-Day Volume | Rate | | -------- | ------------- | ---- | | Base | $0 – $10k | 10% | | Volume 1 | $10k – $1M | 15% | | Volume 2 | $1M – $100M | 20% | | Volume 3 | $100M+ | 25% | ### Staking Boosts Stake $HOME to multiply your base rate. Your boost depends on how much $HOME you currently have staked. If you unstake and fall below a tier threshold, your boost decreases. | Staked $HOME | Boost Multiplier | | ------------ | ---------------- | | $100 | 1.10x | | $1,000 | 1.25x | | $10,000 | 1.50x | | $100,000 | 1.75x | *** ## Reward Split The referral pool divides based on the depth of the referral chain above the trader: | Chain Depth | Tier 1 | Tier 2 | Tier 3 | | ---------------- | ------ | ------ | ------ | | Tier 1 only | 100% | — | — | | Tier 1 and 2 | 70% | 30% | — | | Tier 1, 2, and 3 | 70% | 20% | 10% | The total referral pool is always determined by the trader's direct referrer (Tier 1). Additional tiers do not increase the total pool. If only one tier exists in a chain, Tier 1 receives the entire referral pool. *** ## Get Started Your existing referral link still works. Nothing changes for your current referral network. To get started, or to start earning more from your referrals, do the following in any order: * **Trade (**[**spot** ](/knowledge-base/trade-and-earn/swap-tokens)**or** [**perpetuals**](/knowledge-base/trade-and-earn/trade-perpetuals)**) to increase your volume tier.** * [**Stake $HOME**](/knowledge-base/home-token/staking) **to boost your rate.** * **Share your referral link.** To copy your referral link, go to the app, go to your account menu in the top right of the screen. Click **Invite Friends**, then copy your referral link. Rewards accrue as your referred users generate fees. # Swap Tokens You can exchange cryptocurrencies using Defi App. Defi App facilitates swapping tokens with an intent-based system that executes your transaction based on your desired outcome rather than a specific manual configuration. You can view and edit the proposed swap configuration for full control. {% hint style="info" %} Learn more about [Intent-Based Swaps & Execution](/knowledge-base/reference/intent-swaps). {% endhint %} *** ## Trade Fee Defi App charges space.vars.SWAP\_FEE of the notional value of each swap. *** ## Swap a Token To swap from one token to the equivalent value of another: {% stepper %} {% step %} ### On your Trade dashboard, activate the wallet containing the token you want to exchange. To change an active wallet, go to **Settings,** then to **Wallets,** and click on the wallet you want to change. Select the wallet you want to use instead. Learn more about managing your active wallet [here](/knowledge-base/wallets/manage-your-wallets). {% hint style="warning" %} Before making a transaction, ensure that your active wallets are set properly, especially if you hold similar assets in different wallets. {% endhint %} {% endstep %} {% step %} ### Select the token that you want to exchange. Select the token that you want to give in exchange for another. Choose or search from the first dropdown of the swap widget on the right side of your **Trade** dashboard.
{% endstep %} {% step %} ### Select the token that you want to receive. Select the token that you want to receive. Choose or search from the second dropdown of the swap widget on the right side of your **Trade** dashboard.
{% endstep %} {% step %} ### Enter an amount to exchange and configure swap settings. Enter an amount of your token to exchange. From the configuration menu, you can set: * Slippage tolerance * Solana transaction mode, if applicable
{% endstep %} {% step %} ### Review and confirm the swap. Click the token and/or provider icon to preview the trade. Defi App displays how the trade will be executed, including the provider it will use and estimated fees. Click **Swap** to execute the trade. {% endstep %} {% step %} ### You're done! Your new token balances are reflected in your portfolio. {% endstep %} {% endstepper %} # Earn Yield You can earn passive income by depositing your crypto into yield-generating positions. ## How It Works Defi App aggregates yield opportunities across multiple protocols and networks. When you deposit an asset via the Earn page, Defi App helps route your funds into a yield-bearing position and tracks your earnings automatically. Your deposited assets continue to earn yield until you withdraw. You can monitor your positions and accumulated rewards from the Earn page or your Portfolio. *** ## Deposit into a Yield Position {% stepper %} {% step %} ### In the app, navigate to **Earn** from the top navigation bar. {% endstep %} {% step %} ### Select an asset. Browse available assets or use the search bar to find a specific token. Select an asset to view available yield options. {% endstep %} {% step %} ### Select a yield option. If multiple protocols offer yield on the same asset, you can compare factors like APY[^1] and TVL[^2] to choose. {% endstep %} {% step %} ### Click **Deposit.** Click **Deposit**, select an asset you own, and follow the prompts that appear. You can deposit using the native asset (e.g., deposit ETH to earn yield on ETH) or swap from another token in a single transaction (e.g., deposit USDC into an ETH yield position). {% endstep %} {% step %} ### You're done! You'll now automatically earn from your yield position. {% endstep %} {% endstepper %} ### Trade Fee When you deposit, you may incur small gas or provider fees. If you swap assets during deposit, Defi App charges space.vars.SWAP\_FEE of the notional value of the swap. *** ## Monitor Your Positions The **Your Positions** tab on the Earn page displays all active yield positions. For each position, you can see the current value, APY, and total yield earned. You can also view yield-bearing assets in your Portfolio under the yield assets table. *** ## Withdraw from a Position 1. Go to **Earn** and select the **Your Positions** tab. 2. Select the position you want to withdraw from. 3. Choose to withdraw to the underlying asset or another token. 4. Confirm the transaction. Withdrawals return your deposited amount plus any earned yield, minus network fees. *** ## Supported Protocols Defi App sources yield from trusted protocols including Aave, liquid staking providers, and select liquidity pools. Filter by protocol or network on the Earn page to explore specific providers. [^1]: Annual Percentage Yield [^2]: Total Value Locked # Trade Perpetuals {% hint style="success" %} **Overtime is live**. Trade perpetuals with zero fees, earn up to 5% cash back on margin, and compete for a share of up to $5M in prizes. [Learn more about Overtime](/knowledge-base/trade-and-earn/overtime). {% endhint %} Perpetuals contracts ("perps") let you trade on crypto price movements without owning the tokens. They don’t expire, so you can hold positions as long as you maintain their margin requirements. ## Considerations * Perpetuals trading is available only in some regions. Restricted regions, including the US, are blocked from making trades. * Trading with leverage amplifies gains and losses, and exposes your account balance to the risk of **liquidation**. {% hint style="danger" %} **Liquidation** If a drop in price in your leveraged positions puts you in danger of losses that exceed your account balance, Defi App protects you by selling automatically. {% endhint %} *** ## Key Features * **Leverage:** Multiply your exposure for higher potential gains and losses. * **Funding Rates:** Automatic payments between longs and shorts keep perpetuals close to token prices. * **No Expiry:** Hold positions indefinitely without rolling them over. * **Streamlined UX:** An advanced perpetuals dashboard along with Defi App's core features, like gasless transactions and wallet abstraction, keep you focused on trading. *** ## **Trade Fee** Defi App charges space.vars.PERPS\_FEE of the notional value of each perpetual trade. *** ## How It Works How perpetuals trading works on Defi App, from start to finish: ### Fund Your Perpetuals Account Your perpetuals account balance is kept in another wallet. This protects assets that you don't specifically allocate to perps trading from being liquidated. You can easily transfer funds to your perps account from your other Defi App wallets. ### Make a Trade Using funds in your perpetuals account, you can take a [long ](#user-content-fn-1)[^1]or short[^2] position on any supported token. You can leverage your position for greater exposure. This amplifies gains and losses. ### Manage Your Positions Track your open trades in real time from the **Perps** dashboard. Adjust leverage or close your position at any time. The price of a perp follows the token’s spot price. If it drifts too far, a small funding payment helps bring it back. When the perp price is higher than spot, longs pay shorts. When it’s lower, shorts pay longs. Your positions each display a **Liquidation Price** (a value at which your positions are closed to cover losses). Avoid liquidation with trading tools like [TP ](#user-content-fn-3)[^3]and SL[^4] prices. *** ## Position Configuration Options
SettingConfiguration optionsDescription
Order ModeMarket, Limit, or TWAP
  • Market orders are executed immediately at the best available price.
  • Limit orders allow you to set a specific price at which your trade is triggered.
  • TWAP orders allow you to break a larger order down into smaller trades over time.

Market by default.

AssetSelect a token pair.Select a token. Tokens are always paired with and display their current price in USD.
AmountToken or USD. Enter an amount.

The amount of the selected asset to trade.

Toggle between Token and USD by clicking the icon below the amount you enter.
You can also use the slider below the selected asset to adjust the amount based on your total holdings of that asset.

Leverage1-40x, depending on asset.Leverage increases your exposure to the price movements of an asset.
TP/SL ToggleOn or Off

Set prices at which to close this position:

  • Take Profit is the increased price at which you want to automatically close for a profit.
  • Stop Loss is the decreased price at which you want to automatically close to cut your losses.

Off by default.

Reduce-onlyChecked or Unchecked

When checked, the trade not create a new position, regardless of its size. It will only offset or reduce your existing position.

Unchecked by default.

Liquidation price-Calculated based on your trade configuration.
The price at which your position is automatically closed because margin is no longer sufficient to cover losses.
Available to trade-The amount, in USD, that your perpetuals account has available.
Margin required-

Calculated based on your trade configuration.

The collateral (USD amount) you must set aside to open and maintain a position, based on size and leverage.

Order value-Calculated based on your trade configuration.
The value of the order, in USD, after applying leverage.
SlippageSet a percentage value.Slippage tolerance is the percent difference allowed between the quoted price and the execution price.
1% by default.
Margin modeCross or Isolated
  • Cross margin positions share the same cross margin collateral. If liquidated, your cross margin and other open positions may be lost.
  • Isolated margin positions limit risk to your portfolio by capping margin for this position. Your isolated position is liquidated if it hits its individual margin ratio. You can adjust the margin.

Cross by default.

Order typeGTC or AOC
  • Good-til-canceled orders stay open until filled or cancelled.
  • All-or-cancel orders fill only if the entire order can execute immediately, otherwise the order will be canceled.

GTC by default.

[^1]: bet on the price going up [^2]: bet on the price going down [^3]: take profit [^4]: stop loss [^5]: Time-Weighted Average Price [^6]: United States Dollars [^7]: Take Profit / Stop Loss # Rocket Perps
Rocket Perps is Defi App's gamified perpetuals trading experience. It wraps high-leverage perpetual futures into a fast-paced, arcade-style interface where users go long or short on crypto assets at 1000x leverage. Rocket Perps is powered by [Aark Digital](https://app.aark.digital/), whose infrastructure handles trade execution and settlement. Users trade against an oracle price feed rather than an order book, which means there is no counterparty matching and positions open and close instantly. ## How it Works Rocket Perps presents a simplified trading interface with a live price chart and directional controls. Users deposit funds and open a long or short position on a supported asset. The position resolves when the user manually closes it or when the price hits their take-profit or liquidation level.
At 1000x leverage, even small price movements produce large percentage gains or losses. Take-profit is capped at 100% of the position value. Liquidation thresholds are correspondingly tight, making each trade a short-duration, high-intensity event. All trades settle through Aark Digital's contracts. Deposits and withdrawals follow the same flow as standard perpetuals on Defi App. Users can deposit any supported asset from any chain, and withdrawals are returned in USDC. ## Fees Rocket Perps charges three types of fees: an **opening fee**, a **closing fee** on profitable positions, and a **liquidation fee** if your position is liquidated. #### Opening Fee Every position is charged a 4% fee on margin plus a flat $0.20 network fee. Both are applied on top of your margin amount when the position opens.\ \ For example, opening a $10 position costs $10.60 total ($10 margin + $0.40 opening fee + $0.20 network fee). #### Closing Fee A closing fee is taken as a percentage of profit when you close a profitable position. The percentage starts at 50% and decreases linearly over 30 seconds to 20%.\ \ Positions closed within the first few seconds of opening pay a higher share of their profit. Positions held for 30 seconds or longer pay the minimum 20%. There is no closing fee on unprofitable positions. #### Liquidation Fee If your position is liquidated, a liquidation fee equal to 20% of your original margin is charged by the [Aark protocol](https://aark-digital.gitbook.io/aark-digital/about/1000x-mode/fee-structure). This fee is deducted at liquidation and means that positions are fully liquidated at approximately 76% loss rather than 100% loss. No closing fee applies when a position is liquidated. For example, if you open a position with $5.00 in margin and are liquidated, the liquidation fee is $1.00 (20% of $5.00). Your total loss on that position would be approximately $3.80 in margin loss plus the $1.00 liquidation fee plus the $0.40 opening fee paid when the position was opened. #### Fee Impact on PnL All applicable fees are factored into your displayed PnL. The opening fee, any closing fee on profit, and any liquidation fee are reflected in your final result automatically. Fees also appear as line items in your trade history. ### Multi-Account Restrictions Rocket Perps uses automated detection to identify multi-account activity. If the system detects that multiple wallets on the same IP address open positions on the same market within a short window, **all associated wallets may be temporarily restricted**. Restricted wallets are blocked from opening and closing positions. Any positions that were open at the time of restriction remain open and will resolve at their take-profit or liquidation level. {% hint style="info" icon="circle-info" %} Restrictions are automatically removed after 24 hours. You do not need to contact support to have them lifted. {% endhint %} #### What Counts as Multi-Account Activity The detection system looks for a specific pattern: multiple wallets trading the same asset from the same network address in near-simultaneous bursts. This is designed to prevent coordinated trading across wallets that could destabilize the liquidity pool. #### What Happens to Open Positions If your wallet is restricted while you have an open position, you will not be able to manually close it. The position will remain open until it hits its take-profit or liquidation price. Once the 24-hour restriction period expires, normal trading resumes. #### Checking Restriction Status If your trades are failing silently or you are unable to open or close positions, your wallet may be restricted. Contact support through the Defi App help channel for confirmation.
## Coin Tap While you have an open position, coins stream across the price chart. Tap them to earn XP. Every 10 XP you earn unlocks 1 Bonus $HOME. Coins appear at varying speeds and intervals. Tapping a coin awards XP based on a combination of your margin size and your current win streak multiplier. Bombs also appear during gameplay. Tapping a bomb deducts 10 XP. There is a cap of 200 coins per position. Once you hit the cap, no additional XP is earned from tapping for that position. ## Frenzy Mode Frenzy mode activates at random intervals during an open position. During frenzy, coins appear rapidly and at higher density. Frenzy mode provides a burst opportunity to earn XP quickly before it ends and normal pacing resumes. ## Win Streaks Consecutive profitable positions build a win streak. Each streak level increases the XP multiplier applied to coin taps, rewarding consistent performance with faster XP accumulation. ## Earning from XP XP earned through coin tapping converts to Bonus $HOME at a rate of 10 XP per 1 $HOME. To receive the value of your earned $HOME, you must have a Bonus $HOME allocation on your account. Bonus $HOME is claimable weekly on Fridays. Navigate to the Degen Arena dashboard to claim your unlocked tokens. For more information on how Bonus $HOME works, see [Bonus $HOME](https://docs.defi.app/knowledge-base/home-token/bonus-home-tokens). ## Trial Mode Rocket Perps includes a trial mode that lets you experience the full game without depositing real funds. Trial mode uses a simulated price feed and includes the complete coin tap experience visually, but no real XP is recorded and no $HOME is earned. If you win three consecutive positions in trial mode, you can claim a real-money credit to play with on the mobile app. This credit is trade-locked, meaning it can only be used for Rocket Perps positions and cannot be withdrawn directly. The credit must be claimed within the eligibility window. To claim the credit, you must [create a Defi App account](/knowledge-base/onboarding/account-setup) (if you do not already have one) and deposit via a supported payment method. ## Leaderboard and Competitions Rocket Perps tracks user PnL and surfaces performance through a leaderboard. Users can share their trade results and all-time PnL via a share modal. Leaderboard competitions with prize pools may run alongside standard gameplay, similar to how Battle Royale operates for standard perpetuals. ## Platform Integration Rocket Perps uses the same embedded wallet infrastructure as the rest of Defi App. Users who already have a Defi App account can access Rocket Perps without additional onboarding. XP earned from Rocket Perps trading activity contributes to the Degen Arena and Bonus $HOME unlock systems, consistent with how standard perpetuals XP works. ## Key Differences From Standard Perpetuals | | Standard perpetuals | Rocket Perps | | ----------------- | ---------------------: | -----------------------------------: | | Leverage | Up to 50x | 1000x | | Execution | Hyperliquid order book | Aark Digital oracle-based | | Interface | Full trading dashboard | Arcade-style UI | | Position duration | Indefinite | Typically short (seconds to minutes) | | Take-profit cap | None | 100% of position value | | XP mechanic | Trade volume based | Coin tap + trade volume based | # FAQs #### 1. **How Do Perpetuals Work?** Perpetual futures (or “perps”) are derivative contracts that let you speculate on an asset’s price indefinitely. There’s no expiration date, so you can hold any position as long as you have enough margin. To keep the contract’s price aligned with the asset’s actual (spot) price, perps use a mechanism called the **funding rate**, which is a regular payment exchanged between traders: * If the perpetual price is above spot, longs pay shorts. * If it’s below, shorts pay longs. Defi App performs the funding transaction every 8 hours. *** #### 2. **How Are Perps Implemented in DeFi App?** *** #### 3. **What Are Oracle Sources?** An oracle is a bridge between on-chain systems and off-chain data (specifically, price feeds). Because smart contracts can’t fetch external data on their own, oracles provide trustworthy, tamper-resistant pricing so protocols can handle derivatives, liquidations, and valuations. *** #### 4. **Which Oracle Sources Does DeFi App Use?** # Trade US Stock Stock Markets via HIP-3 You can trade perpetual contracts that track the price of U.S. stocks using Defi App. Defi App offers builder-deployed perpetuals via Hyperliquid's permissionless perpetual market system, outlined in HIP-3. Read more about HIP-3 here: , or see Defi App's perpetual market configuration here. *** ## Supported Markets (Stocks) Defi App currently supports the following stocks via HIP-3 perpetuals: {% hint style="info" %} Defi App will add additional markets as they launch on Hyperliquid. {% endhint %} * TSLA (Tesla) * NVDA (Nvidia) * AAPL (Apple) * GOOGL (Google) * META (Meta) * MSFT (Microsoft) * PLTR (Palantir) * XYZ100 (Nasdaq 100 index equivalent) *** ## Oracle Sources * Liam to get back * *** ## Why It Matters 24/7 Trading: US markets close at 4pm. HIP-3 doesn’t. Trade stocks any time. No Brokerage: No Robinhood. No TD Ameritrade. Just your Defi App account. No KYC: Self-custody. Your keys. Your assets. *** ## Builder Market ### HIP-3 HIP-3 is Hyperliquid’s permissionless perpetual market system. Defi App now supports HIP-3 markets. You can trade perpetual contracts on stocks Defi App now exposes these markets with the same UX you already know. Read more here ### Defi App Config * Add this info *** ## Next Steps #### Start Trading Trade stock perpetuals the same way and through the same dashboard. On your Perpetuals dashboard, search for any supported stock as you would a crypto asset. #### Compete in Battle Royale [Battle Royale Season 1](/knowledge-base/reference/past-events/battle-royale) is live, and trading HIP-3 counts toward your rank. # Trade US Stock Perpetuals Stock Markets via HIP-3 You can trade perpetual contracts that track the price of U.S. stocks using Defi App. Defi App offers builder-deployed perpetuals via Hyperliquid's permissionless perpetual market system, outlined in [HIP-3](https://hyperliquid.gitbook.io/hyperliquid-docs/hyperliquid-improvement-proposals-hips/hip-3-builder-deployed-perpetuals). *** ## Supported Markets (Stocks) Defi App currently supports the following stocks via HIP-3 perpetuals: {% hint style="info" %} Defi App will add additional markets as they launch on Hyperliquid. {% endhint %} * TSLA (Tesla) * NVDA (Nvidia) * AAPL (Apple) * GOOGL (Google) * META (Meta) * MSFT (Microsoft) * PLTR (Palantir) * XYZ100 (Nasdaq 100 index equivalent) *** ## Impact Trade on US stock prices at any time on Defi App. US markets close at 4pm. *** ## Start Trading Trade stock perpetuals the same way and through the same dashboard that you trade crypto assets. On your Perpetuals dashboard, search for any supported stock. #### Compete in Battle Royale [Battle Royale Season 1](/knowledge-base/reference/past-events/battle-royale) is live, and trading stock through Defi App counts toward your rank. # Overtime
Overtime is Defi App's recurring 75-day trading competition. Each season features zero trading fees, cash back on margin, two leaderboards, and a progressive prize pool that grows with collective volume. {% hint style="info" %} You must use an embedded wallet to participate in Overtime. Learn how to [create an account](/knowledge-base/onboarding/account-setup) and [fund your account](/knowledge-base/onboarding/funding-your-smart-account) to get started. {% endhint %} ## How it works Overtime runs for 75 days per season. During that window, all perpetuals trading fees on Defi App are rebated, and participants compete across two leaderboards for a share of the prize pool. The more the community trades, the larger the prize pool becomes. By using Defi App, you agree to the [Terms of Service](/knowledge-base/legal/terms-of-service). ## Zero trading fees All Defi App trading fees during Overtime are rebated. Fees are returned to participants in vested $HOME after the competition ends. **Vesting terms for fee rebates**: 6-month cliff, 24-month linear unlock. {% hint style="warning" %} Fee rebates are paid in vested $HOME, not USDC. Tokens are not liquid at distribution. {% endhint %} ## Cash back on margin Traders earn up to 5% cash back on margin deposited, unlocked progressively based on trading volume. To earn the full 5%, you must generate trading volume equal to 100x your deposit. | Deposit | 5% cash back | Required volume | | -------- | ------------ | --------------- | | $1,000 | $50 | $100,000 | | $10,000 | $500 | $1,000,000 | | $50,000 | $2,500 | $5,000,000 | | $100,000 | $5,000 | $10,000,000 | Cash back is paid in vested $HOME with the same vesting schedule as fee rebates: 6-month cliff, 24-month linear unlock. Only net deposits count (deposits minus withdrawals). ## Leaderboards Overtime ranks participants on two leaderboards: * **PnL leaderboard (70% of prizes)** rewards traders with the highest realized profit and loss. This leaderboard favors skill and strategy. * **Volume leaderboard (30% of prizes)** rewards the most active traders by total trading volume. You do not need large capital to compete on this board. ## Progressive prize pool The prize pool scales with collective trading volume across all Overtime participants. Higher total volume unlocks larger rewards. | Collective volume | Prize pool unlocked | | ----------------- | ------------------- | | $1,000,000,000 | $250,000 | | $2,500,000,000 | $500,000 | | $5,000,000,000 | $1,000,000 | | $10,000,000,000 | $2,500,000 | | $20,000,000,000 | $5,000,000 | A live progress bar tracks collective volume in real time. {% hint style="info" %} Prize pool milestones only unlock when the corresponding volume threshold is reached. The pool does not unlock retroactively. {% endhint %} ## Referrals Overtime participants can earn up to 43.75% of their referrals' trading fees in USDC. Referral rewards are structured across three tiers: * **Level 1**: People you refer directly. * **Level 2**: People referred by your Level 1 referrals. * **Level 3**: People referred by your Level 2 referrals. Referral rewards are paid in USDC with no vesting. Payouts are instant. For more details on referral tiers and rate calculation, see [Revenue Sharing](/knowledge-base/trade-and-earn/revenue-sharing). ## Anti-gaming Defi App enforces the following protections to ensure fair competition: * Only net deposits (deposits minus withdrawals) are counted toward cash back eligibility. * Delta-neutral and wash trading detection is active from day one. * Minimum trade count and time between trades are required for leaderboard eligibility. * Wallet clustering analysis is used to detect sybil behavior. Violations are grounds for disqualification and may result in permanent exclusion from current and future competitions. ## Vesting schedule Fee rebates and cash back are distributed in vested $HOME: * **Cliff**: 6 months * **Unlock**: 24-month linear vesting Prizes are paid out in $HOME on this schedule: * **20%** paid within 7 days of the season end * **20%** staked for 3 months * **20%** staked for 6 months * **20%** staked for 9 months * **20%** staked for 12 months ## Comparison | | Other platforms | Defi App Overtime | | ----------------- | --------------- | ---------------------------- | | Deposit match cap | $250 | Based on activity (uncapped) | | AUM lock | 90 to 180 days | None | | Free trading | No | Yes | | Cash back | No | Up to 5% | | Prize pool | Fixed | Progressive (up to $5M) | | Referral income | Limited | 43.75% of fees, instant USDC | # Degen Arena The [Degen Arena](https://app.defi.app/arena) is a competition within Defi App, designed to reward early adopters and active participants. Users join groups led by protocols or influencers to complete on-chain activities and earn experience points (XP).
*** {% hint style="success" icon="trophy" %} Season space.vars.DA\_SEASON is now in progress! {% endhint %} ## Get Started To participate in the Degen Arena: ### Join a Faction You must be part of a **faction** to participate. Factions are groups led by protocols or influencers. {% hint style="info" %} New accounts are automatically added to the Defi App Community faction to ensure they don't lose XP they earn before manually selecting a faction. Therefor, the procedure to join a new faction is the same as switching factions. {% endhint %} {% stepper %} {% step %} ### Go to your [Degen Arena dashboard](https://app.defi.app/arena). {% endstep %} {% step %} ### On your Faction card, click ![](/files/rfQdKiK50dJ2bJLMvf7Y) Switch. Your Faction card is on the left side of your dashboard header.
{% endstep %} {% step %} ### Find the faction you want to join. Click ![](/files/yQ6XAe7pTbfsSNuDZ3uH) **Switch** to confirm that you want to change factions, then search for and click the faction you want to join.
{% endstep %} {% step %} ### Click Join Faction. {% endstep %} {% step %} ### You're done! You can choose to share your faction selection on X (Twitter). {% endstep %} {% endstepper %} ### Use the App to Earn XP XP contributes to both individual and faction standings. The following actions earn XP: * [Swapping tokens](/knowledge-base/trade-and-earn/swap-tokens). * [Trading perps](/knowledge-base/trade-and-earn/trade-perpetuals) (XP gains from perpetuals trading is based on Hyperliquid daily reports, and must be manually claimed on the App's [Perps](https://app.defi.app/perps) dashboard after a 2-day delay). * [Staking $HOME](/knowledge-base/home-token/staking), which can [multiply your XP gains](/knowledge-base/home-token/staking/xp-and-charges). * Referring new users (Referrers receive 10% of the swap and perps XP earned by their referees). *** ## Competition Degen Arena runs in **seasons**, during which users and factions accrue XP by using the app. Factions are ranked on a leaderboard by total XP, and at the end of the season the faction with the most XP wins the competition. See [Seasons](/knowledge-base/trade-and-earn/degen-arena/seasons) for more information on ongoing and past seasons. ### Contribute to Your Faction's Standing * Your XP counts 1:1 toward your faction’s total XP. * Switching factions does not transfer past XP (your old faction will keep the XP you earned there). However, future XP counts for your new faction. * You may earn rewards from every faction that you contributed XP to during the season. * Your portion of the faction XP rewards is determined by your XP contributed to that faction compared to the total points of that faction. ### End of Season * At the end of each season, XP resets to zero. * At the end of each season, rewards may be distributed based on final seasonal standings. *** **Note on Terms of Service** Defi App reserves the right to modify, suspend, or terminate any aspect of the Degen Arena, including but not limited to XP calculations, distribution, eligibility requirements, and campaign duration, at any time and for any reason, without prior notice. Participation in the Degen Arena constitutes acceptance of any such changes. By using Defi App, you agree to the [Terms of Service](/knowledge-base/legal/terms-of-service). # Seasons ## All Seasons | Season | Epoch | | --------------------------------------- | ------------------------------------ | | [Season 2 (Current)](#season-2-current) | May 22nd, 2025 - Present | | [Season 1](#season-1) | February 13th, 2024 - May 22nd, 2025 | *** ## Season 2 (Current) *Started May 22nd, 2025* New in Season 2: * Stake $HOME to [multiply your XP gains](/knowledge-base/home-token/staking/xp-and-charges). * 1 Billion $HOME on the line (10% of total supply). * Rules are transparent - XP is tied to protocol revenue. * [Revenue fuels token buybacks](https://x.com/defidotapp/status/1947634079924400345). *** ## Season 1 *Ended May 22nd, 2025* After Season 1, qualifying participants received airdropped $HOME tokens based on their participation. # FAQs Frequently asked questions about Degen Arena. #### What is **Degen Arena**? * A points (XP) competition between Factions (protocols & influencers) comprised of Degens (users) they recruit to reward early adopters of Defi App. * Top 50 ranking Factions receive bonuses on top of XP earned from their team. * Degens in a Faction can complete on-chain swaps, trade perpetuals, stake $HOME, and refer new users to earn XP. *** ## For Degens #### How can I join a Faction? * If you join with a custom referral link, you are automatically added to the Faction that invited you. * Otherwise, click on a Faction from the Faction Leaderboard, and click **Join**. #### How do Degens switch or leave a Faction? * Go to your current Faction from the Faction leaderboard and click **Switch** or **Leave**. #### What actions count for XP? * [Swapping tokens](/knowledge-base/trade-and-earn/swap-tokens). * [Trading perps](/knowledge-base/trade-and-earn/trade-perpetuals). * [Staking $HOME](/knowledge-base/home-token/staking), which can [multiply your XP gains](/knowledge-base/home-token/staking/xp-and-charges). * Referring new users. #### How do referrals work? * Generate your referral code by entering the Arena and joining a Faction. * Referrers earn 10% of all referees’ swap and deposit XP. #### Are there XP multipliers? * Users can receive [XP multipliers](/knowledge-base/home-token/staking/xp-and-charges) by staking $HOME on Defi App. #### Why is my XP not updating? Some common causes are: * You have not joined a Faction. You must be in a Faction to earn XP. * You have not undertaken any actions to earn XP (swaps/holding assets in smart wallets/referrals). * The leaderboard has not updated yet. * Occasionally there might be a UI bug - in these instances the team will fix the bug as soon as possible, but users will still be earning XP. #### Where is my Perps XP? Unlike swap XP, perps XP is not awarded in real time and must be claimed on the [Perps dashboard](https://app.defi.app/perps). There is a 2-day delay as we use the Hyperliquid daily report to populate the database. #### Other questions? * You can use the troubleshooting chat box at the bottom right the app. * You can also reach out to #support in the Defi App [Discord](https://discord.gg/defiapp) channel. Provide as much information as possible, including your wallet address and specific transactions or math behind your question. If you’re not comfortable sharing this information in a public channel, feel free to send the information to a member of the team or community manager. We’ll investigate and return. #### I reported an issue. When should I expect to hear back? We endeavor to respond as quickly as possible. Usually, we’re able to return within 1-3 days, but this is dependent upon the capacity of the team as sometimes we need to solve bugs that can take time. *** ## For Factions #### Why should **Factions** join Degen Arena? * Factions receive XP based on the cumulative XP earned by Degens on your team. * Factions receive bonus XP based on your Faction leaderboard ranking. The higher your Faction rank, the larger the bonus. * Bring your community closer with a shared goal. * Top-ranking Factions get priority for integrations into Defi App. #### Who can apply to Factions? * Factions are reserved for protocols, influencers, and ecosystems. * Do you think you’re worthy of a Faction? [Click to apply!](https://forms.gle/QmDYrr424H6h5i4Y6) #### What is the Faction Bonus pool? * The top 50-ranked Factions will receive bonus XP as indicated on the leaderboard. * The higher your Faction ranks, the more bonus XP your team wins at the end of the season. * See seasonal information for the rewards allocated to the Faction bonus pool. #### What is the Faction XP pool? * Degens in a Faction contribute XP towards their Faction 1:1. * XP is non-transferable between Factions if the Degen switches Factions. #### What are the Faction owner benefits? * Faction owners receive 10% of all XP earned by your Faction. * Top-ranking factions receive priority for integrations into Defi App. #### How do Degens earn XP that contributes to a Faction? * Degens XP counts 1:1 towards their Faction. * Degens portion of the Faction XP rewards is determined by their XP contributed to that faction compared to the total points of that Faction. #### What happens to Degen’s XP towards a Faction if they switch Factions? * Degen’s XP contributed to Factions stay with that Faction, and XP earned after a Degen switches is counted towards the new Faction. * At the end of the season, Degens earn rewards from each Faction they contributed XP towards while a member of that Faction. *** ## Disclaimer Defi App reserves the right to modify, suspend, or terminate any aspect of the Degen Arena, including but not limited to XP calculations, rewards distribution, eligibility requirements, and campaign duration, at any time and for any reason, without prior notice. Participation in the Degen Arena constitutes acceptance of any such changes. By using Defi App, you agree to the [Terms of Service](/knowledge-base/legal/terms-of-service). # Tokenomics $HOME is the native token of the Defi App ecosystem, powering a unique flywheel combining protocol activity, governance rights, and platform benefits for stakers. *** ## Supply **Total Supply:** 10 billion $HOME tokens **Token Generation Event (TGE):** June 10, 2025 *** ## Allocation
CategoryPercentage
Community & Ecosystem47%
Core Contributors20%
Early Backers10%
Foundation10%
Protocol Development8%
Liquidity and Launch5%
### Vesting Schedule
Category% Unlock at TGELock-up Duration% Unlocked at CliffUnlock Duration
Community & Ecosystem36.6%4 months0%36 months
Core Contributors0%12 months25%36 months
Early Backers0%12 months25%36 months
Foundation50%6 months0%24 months
Protocol Development0%4 months25%24 months
Liquidity and Launch100%None0%None
*** ## Token Utility Learn about $HOME in the Defi App ecosystem. ### Bonus $HOME for Season 1 Stakers Users who chose to stake their airdrop at the time of claim were eligible for bonus $HOME. Staking the full airdrop allocation for a duration of 12 months gave a 100% $HOME bonus. ### Gas Abstraction Defi App enables seamless on-chain activity without native gas tokens by leveraging $HOME for gas abstraction. Through [ERC-4337](https://www.erc4337.io/docs) smart account infrastructure, users can execute transactions across any supported chain using only $HOME in their wallet. When a user holds only $HOME (no ETH, SOL, or other native gas assets), Defi App’s treasury automatically purchases $HOME from the user at open market rates and uses that $HOME to subsidize gas fees on their behalf. This process abstracts complexity for the user while introducing net buying pressure for the token. This system removes a major friction point for new users and establishes $HOME as a functional medium of exchange within the protocol. It reinforces protocol-token alignment and ensures $HOME plays an integral role in powering real economic activity across the app. Real-time usage of $HOME for gas abstraction is visible on-chain via our[ staking contract](https://basescan.org/address/0xC9714F8f036087d801f38C4105194e150d3a1864#tokentxns). ### XP Multipliers Users who lock $HOME can activate up to a 3x multiplier on XP gains, depending on the chosen duration. The longer you lock, the more XP you can earn when you use Defi App day-to-day. Any action, including swaps, perps trades, and deposits, generates significantly more XP for stakers. Season 2 XP may be a qualifying criteria for future $HOME airdrops. ### Governance $HOME stakers have governance rights to help co-create the future of Defi App. Stakers can vote on revenue sharing models, like token buybacks or yield to $HOME stakers, and on which feature comes next for the platform. Protocols may buy and stake $HOME to accelerate their own integrations to Defi App. {% hint style="info" %} Explore the Defi App governance portal [here](https://app.defi.app/governance). {% endhint %} Here’s how protocol activity and incentives are designed to support usage and token utility (pending ongoing governance discussions and approvals):
{% stepper %} {% step %} Users join Defi App to trade, swap, and farm across any chain. {% endstep %} {% step %} Each user action generates protocol fees. {% endstep %} {% step %} Governance determines how fees are used, including potential buybacks or incentives. {% endstep %} {% step %} $HOME stakers may receive protocol benefits; protocols can lock $HOME for visibility. {% endstep %} {% step %} Reduced token availability and governance-driven rewards may drive continued participation. {% endstep %} {% endstepper %} *** ## Buyback Mechanism The protocol uses 80% of net fee revenue (after operational costs) to buy and hold HOME tokens in the DAO treasury reserves. Using the majority of net fee revenue to buy $HOME allows the DAO strategic flexibility for future initiatives and signals a commitment to the long-term value of the protocol. Buybacks pause if treasury value falls below $2M to ensure a six-month operational runway. Execution is managed by the **Executive Operations Working Group** with transparent reporting and safeguards in place to maintain protocol sustainability and regulatory alignment. For more details on the buyback mechanism, see [DIP-004](https://snapshot.box/#/s:defi.app/proposal/0x7244e17449663fce4bcde5b39a0bf896e80323c173882e1d4ec8b82d1e972a80). *** ## Contract Addresses
ContractAddress
Basehttps://basescan.org/token/0x4bfaa776991e85e5f8b1255461cbbd216cfc714f
BNBhttps://bscscan.com/token/0x4bfaa776991e85e5f8b1255461cbbd216cfc714f
Solanahttps://solscan.io/token/J3umBWqhSjd13sag1E1aUojViWvPYA5dFNyqpKuX3WXj
*** ## Additional Resources For more information about $HOME: * [Read the announcement](https://blog.defi.app/home-the-token-powering-cryptos-super-app-10faa75c15f5) * Join the community in our [Discord](https://discord.gg/defiapp) # Bonus $HOME Earn and unlock Bonus $HOME tokens. **Bonus $HOME** is an incentive mechanism that rewards users who contribute to Defi App’s growth. Earn Bonus $HOME by: * Funding your account for the first time. * Referring new users. * Participating in growth campaigns. See the **Governance** page for details on active campaigns. When you earn Bonus $HOME, it's added to your account and **locked**. [View your potential account value](#view-your-bonus-usdhome) on your **Rewards** page, and [unlock your Bonus $HOME](#unlock-your-usdhome) by earning XP. {% hint style="info" %} All Bonus $HOME that you accrue must be unlocked by earning XP. Typically, you can unlock your Bonus $HOME until the end of the current season, but conditions may vary by campaign. See the **Governance** page for details on active campaigns. {% endhint %} *** ## Unlock Your $HOME Unlock Bonus $HOME by earning XP. For every 10 XP you earn, you unlock 1 Bonus $HOME. Earn XP by: * [Swapping tokens](/knowledge-base/trade-and-earn/swap-tokens). * [Trading perps](/knowledge-base/trade-and-earn/trade-perpetuals) (XP gains from perpetuals trading is based on Hyperliquid daily reports, and must be manually claimed on the App's [Perps](https://app.defi.app/perps) dashboard after a 2-day delay). * [Staking $HOME](/knowledge-base/home-token/staking), which can [multiply your XP gains](/knowledge-base/home-token/staking/xp-and-charges). * Referring new users (Referrers receive 10% of the swap and perps XP earned by their referees). {% hint style="info" %} The unlock rate remains the same (1 Bonus $HOME per 10 XP) regardless of the number of campaigns a user participates in to accrue Bonus $HOME. {% endhint %} ### Unlock Schedule On Friday each week, you automatically unlock Bonus $HOME based on the XP you've earned. You must claim your unlocked tokens to add them to your wallet. ### Claim Your Bonus Tokens To claim your unlocked Bonus $HOME, go to your **Rewards** page and click **Claim.** Defi App adds your Bonus $HOME directly to your embedded wallet. ### Stake Your Bonus Tokens When you claim unlocked Bonus $HOME, you can choose to stake your tokens for the following additional rewards: * XP multipliers for faster Bonus $HOME unlocking * Increased Season 2 allocation *** ## View Your Bonus $HOME View your Bonus $HOME on your **Rewards** page. You can see: * Your total Bonus $HOME earned but locked * Currently claimable Bonus $HOME * The amount of Bonus $HOME to be unlocked in your next claim *** **Note on Terms of Service** Defi App reserves the right to modify, suspend, or terminate any aspect of Bonus Home incentives at any time and for any reason, without prior notice. Participation in Bonus Home incentives constitutes acceptance of any such changes. By using Defi App, you agree to the [Terms of Service](/knowledge-base/legal/terms-of-service). # Staking Staking, or temporarily locking, your HOME tokens is a way for you to contribute to Defi App's growth while earning rewards. $HOME is the utility and governance token of Defi App. It rewards activity, engagement, and early adoption. [Learn more](/knowledge-base/home-token/tokenomics) about $HOME. *** ## How Staking $HOME Works You can choose to stake your $HOME for the following durations: {% hint style="warning" %} You cannot unstake, transfer, or sell staked $HOME until your stake duration completes. {% endhint %} | Stake Duration | XP Multiplier | | -------------- | ------------- | | 3 months | 1.5x | | 6 months | 2.0x | | 9 months | 2.5x | | 12 months | 3.0x | Users that stake $HOME receive an XP multiplier and other benefits based on the duration chosen. The multiplier will be applied to your Defi App swap and perpetual trades. This multiplier is only applied if you have [available charges](/knowledge-base/home-token/staking/xp-and-charges). If you run out of charges, you won’t receive multiplied XP. Users may stake $HOME to receive additional charges. *** ## Benefits of Staking $HOME Early stakers will gain outsized influence in the future growth of Defi App. 45% of the $HOME supply is set aside for community and ecosystem initiatives. ### 1. Bonus Campaign Eligibility Staking $HOME can also make you eligible for special Bonus $HOME campaigns. In past campaigns, stakers earned back a portion of their staked tokens as additional rewards. Future campaigns may offer similar opportunities, with allocations flowing exclusively to those who stake. ### 2. Earn XP up to 3x Faster Stakers can activate up to a 3x multiplier on XP gains, depending on stake duration. The longer you stake, the more XP you earn from daily Defi App usage. ### 3. Accelerated Unstake Schedule Bonus tokens can be claimed weekly, but the faster you earn XP, the faster your bonus unlocks. ### 4. Governance Power Vote on protocol integrations, fee distribution, treasury buybacks, and the future direction of Defi App. To learn more, see [Governance](/knowledge-base/governance/improvement-proposals). *** ## Stake Your $HOME {% hint style="info" %} If you are staking $HOME via the season 1 airdrop process, go to [Bonus Tokens for Degen Arena Season 1](/knowledge-base/reference/past-events/bonus-tokens). {% endhint %} To stake $HOME: {% stepper %} {% step %} ### Navigate to your portfolio. The Stake section is below your assets. {% endstep %} {% step %} ### Click the stake button at the bottom right of your screen. A popup prompts you to select your stake amount and duration. ![](https://lh7-rt.googleusercontent.com/docsz/AD_4nXcYUbKlVUIMyYtOIgKnSdm50kcdSvM_QrlAxmIGub7r4pkSFyHUJaiXTplwcSmJFkja4LqpoFK-yNmcQmZ4wjaxE2Pz8ZO4_ieCaLjjRw_N6aEvtW42blaY_FM5P-oFxQoUerRd?key=jGRSXXSi9CWMVBaiXBAOKg) {% endstep %} {% step %} ### Click continue to review the summary. ![](https://lh7-rt.googleusercontent.com/docsz/AD_4nXffsWYqmmW0deKBIUEChQRcMltyaNHG4lGTbQZinVnc8T02MPT9lvWtmGGdc4pRByJ7Vf8x7wl956s1o-1cy-b68tv2MWmhOXpAIAjcEK2dzQ8ApFP2eRdtlZFJzIh0wo6UjyW2iQ?key=jGRSXXSi9CWMVBaiXBAOKg) Your stake amount, multiplier, charges, duration and unlock date will be displayed. {% hint style="warning" %} You cannot unstake, transfer, or sell staked $HOME until your stake duration completes. {% endhint %} {% endstep %} {% step %} Click **Stake HOME** to confirm the transaction. You're done! {% endstep %} {% endstepper %} # XP Multipliers & Charges Stake $HOME to earn more XP When you stake, you can earn bonus XP via XP multiplier. View your multiplier in the top right of Defi App. ![](https://lh7-rt.googleusercontent.com/docsz/AD_4nXf7Kwam8w716_Xy4KvvQrO_WEjzMhuwaHcSlWBzJfwPUyVjoyORZmMjXNq1ZJA4VL7JRaZ9rlZBxa5wwJToY657Z8Fd2haWTlEFUo0kn3YSVVyUFvKE8LYpYZ_84exsO8iWrwUtLg?key=jGRSXXSi9CWMVBaiXBAOKg) *** ## XP Multipliers Staking $HOME can activate up to a 3x multiplier on XP gains depending on the duration. The longer you lock, the more XP you can earn. {% hint style="info" %} Users who stake $HOME may be [eligible for bonus $HOME](/knowledge-base/reference/past-events/bonus-tokens). {% endhint %} *** ## The Charges System: Your XP Fuel Charges act as consumable "fuel" that determines how much XP can be boosted with your multiplier. Charges are consumed automatically when applying multipliers to Swaps or Perpetual trades. To view your remaining charges, hover over your multiplier in the top right of Defi App. # Constitution {% hint style="info" %} This is a living document, updated as constitutional DIPs are passed. For the most up-to-date information on the constitutional proposals in effect, see Defi App's [governance portal](https://app.defi.app/governance) or [Snapshot space](https://snapshot.box/#/s:defi.app). {% endhint %} This document, the Defi App Constitution, describes the governance structure and procedures of the Defi App DAO as defined through a series of [Defi App Improvement Proposals](/knowledge-base/governance/improvement-proposals) (DIPs). The Constitution evolves as more constitutional DIPs pass. *** ## Key Terms * **DIP**: [Defi App Improvement Proposal](/knowledge-base/governance/improvement-proposals) * **$HOME**: The governance token of Defi App DAO * **Staked $HOME**: HOME tokens locked in official staking contracts * **DAO Council**: Core contributors responsible for proposal evaluation and execution * **Vote Power**: Your account's influence on voting, based on your $HOME *** ## Section 1: DAO Formation & Authority [DIP-001](https://snapshot.box/#/s:defi.app/proposal/0xdefe4a76a85b15cdc7c1f3ea6a5307dedff55e05d48614c4431a96af9e3e54b8) establishes the Defi App [DAO ](#user-content-fn-1)[^1]and a system for the community to vote on protocol changes, treasury actions, and integrations. The DAO executes community decisions. *** ## Section 2: Proposals and Voting Procedures #### **Proposal Types** * **Constitutional DIPs**: Change core governance. Requires 1M $HOME vote power to pass. * **Non-Constitutional DIPs**: Concern upgrades, budgets, etc. Requires 500K $HOME vote power to pass. #### **Proposal Lifecycle** 1. **Warmup (24 hours)**: Open forum discussion. 2. **Voting Period (5 days)**: Voting on the [governance portal](https://app.defi.app/governance) or [Snapshot](https://snapshot.box/#/s:defi.app) space. 3. **Implementation**: Executed by the DAO if vote passes thresholds. *** ## Section 3: DAO Council and Working Groups [DIP-002](https://snapshot.box/#/s:defi.app/proposal/0x353373435b0a4183a4b0531685c7bc875975e74bc6e6a47d3ca28326d895cf8c) establishes a DAO Council with formal authority to submit and execute proposals. The council streamlines governance by synthesizing community suggestions into formal proposals, then executing them with the appropriate **working group,** or functional divisions of the DAO organized by domain. Council members submit final proposals to Snapshot. The appropriate working group executes proposals that pass. The working groups are: * **Executive Operations,** responsible for proposals such as constitutional changes, treasury allocation, budget approvals, and governance framework modifications. * **Technical Infrastructure,** responsible for proposals such as protocol upgrades, smart contract modifications, infrastructure changes, and security implementations. * **Community Development,** responsible for proposals involving strategic partnerships, marketing initiatives, community programs, and ecosystem development funding. #### **Community Contribution Flow** 1. Suggest ideas via Discord forums. 2. Community Stewards review inputs. 3. Viable ideas are escalated to formal proposals and put to a vote. *** ## Section 4: Token-Based Governance [DIP-003](https://snapshot.box/#/s:defi.app/proposal/0x35f232fdee6bcb69ef4af411052ed8ee8460839da8b595857965742141e01559) establishes governance via HOME tokens. Voting power depends on an account's HOME token staking and holding behavior. Staking is worth 4x the voting power granted by holding liquid $HOME. **Voting Power** formula: `(Staked $HOME × 4) + (Liquid $HOME)` {% hint style="info" %} Your liquid $HOME balance is the sum of your holdings across **Base** and **BNB Smart Chain** networks**.** {% endhint %} **Voting Requirements** * **Constitutional DIPs**: 1,000,000 $HOME vote power * **Non-Constitutional DIPs**: 500,000 $HOME vote power *** This Constitution is binding upon the DAO and evolves through Constitutional DIPs. Follow updates and participate via the Defi App [governance portal](https://app.defi.app/governance) or [Snapshot](https://snapshot.box/#/s:defi.app) space. [^1]: Decentralized Autonomous Organization # Improvement Proposals $HOME owners (those holding $HOME and/or staking $HOME) can influence the future of Defi App by suggesting and voting on governance proposals, called **Defi App Improvement Proposals** (DIPs). A DIP is a formal governance proposal used to guide decisions on protocol development, treasury allocation, and other strategic initiatives. DIPs are the mechanism by which $HOME owners ensure the long-term health of the protocol for the community. In [DIP-003](https://snapshot.box/#/s:defi.app/proposal/0x35f232fdee6bcb69ef4af411052ed8ee8460839da8b595857965742141e01559), voting power was aligned with protocol participation and long-term contributor commitment. See active and past DIPs in Defi App's [governance portal](https://app.defi.app/governance) or [Snapshot space](https://snapshot.box/#/s:defi.app). *** ## Types of DIPs ### Constitutional vs. Non-constitutional **Constitutional proposals** directly impact the DAO’s foundational charter. For example, [DIP-003](https://snapshot.box/#/s:defi.app/proposal/0x35f232fdee6bcb69ef4af411052ed8ee8460839da8b595857965742141e01559) establishes a weighted voting system using $HOME as the primary DAO utility token. Constitutional DIPs require more voting power than non-constitutional proposals in order to pass. **Non-constitutional** proposals do not affect the DAO's foundational charter. Most proposals are non-constitutional, including proposals related to funding, partnerships, technical upgrades (e.g. smart contract deployments or parameter changes), operational workflows, or informational initiatives. ### Classifications DIPs are classified by four categories:
LabelDescription
ProcessProposals that modify or define DAO procedures, governance mechanisms, or operational workflows.
FundingRequests for treasury allocations, grants, or budget approvals.
InformationalContext, analysis, or recommendations without requiring action.
TechnicalProposals that introduce or change protocol-level code, architecture, or infrastructure.
*** ## Community To get involved with community governance, join Defi App's [Discord](https://discord.gg/defiapp) channel and learn more about [Suggesting](/knowledge-base/governance/improvement-proposals/submit-a-proposal) improvements and [Voting](/knowledge-base/governance/improvement-proposals/vote-on-a-proposal). ## DIP Statuses You can find the status of active DIPs and the results of past DIPs in Defi App's [governance portal](https://app.defi.app/governance) or [Snapshot space](https://snapshot.box/#/s:defi.app). All governance proposals employ a 24h warmup to account for errata, followed by a standardized 5-day voting period. # Submit a Proposal Defi App Improvement Proposals (DIPs) start as Defi App Improvement Suggestions (DISs) in the Discord community. Join the discussion on [Discord](https://discord.gg/defiapp) to submit suggestions. *** ## DIP vs. DIS Defi App Improvement Suggestions (DISs) are informal suggestions submitted by community members to propose new ideas, improvements, or feedback related to the protocol or ecosystem. DIS submissions use a simplified format and are non-binding. They are reviewed by the [Community Steward](#user-content-fn-1)[^1] and relevant [Working Group(s)](#user-content-fn-2)[^2] to assess relevance and potential next steps, including possible escalation to a formal DIP. *** ## Process Any verified account holder may submit proposals for community consideration. Join the Defi App [Discord](https://discord.gg/defiapp) community to submit ideas. Submissions go through the following process: 1. **Community Submission:** Informal proposal ideas are su*b*mitted via forum-based governance channels. 2. **Initial Review:** A Community Steward conducts an initial review and approves the content, evaluating proposal feasibility and alignment. 3. **Initial Evaluation:** The informal proposal is marked as either Escalated, Rejected or Flagged (for errata or quick resubmission). 4. **Working Group Evaluation:** If Escalated, the relevant working group reviews the proposal feasibility for formal DIP submission. If the working group is not in favor, the informal proposal is marked as Rejected or Flagged. 5. **Formal Submission:** If approved by working groups, the Community Steward changes the label to Approved and submits refined proposal as an official, numbered DIP. [^1]: A designated role responsible for reviewing and advancing community-submitted proposals through governance channels. [^2]: Functional divisions within the DAO Council organized by governance domain and operational responsibility. # Vote on a Proposal You can influence the future of Defi App by voting on proposals. The more invested in the protocol you are, you more weight your vote holds. You can vote on active proposals using the Defi App [governance portal](https://app.defi.app/governance). *** ### Account Voting Power Your voting power is calculated based on your account's total $HOME balance, both **staked** and **liquid**. More $HOME means more influence. {% hint style="info" %} **Staked HOME** tokens are deposited in official Defi App staking contracts that contribute to protocol security. Learn more about staking $HOME [here](/knowledge-base/home-token/staking). **Liquid HOME** tokens aren't staked, and so are available to trade. Your liquid $HOME balance is the sum of your holdings across **Base** and **BNB Smart Chain** networks**.** {% endhint %} Your voting power is equal to the sum of: 1. 4x the amount of staked $HOME you own, plus 2. The amount of liquid $HOME you own across Base and BNB Smart Chain networks {% code title="The voting power formula" fullWidth="false" %} ``` Voting_Power = (Staked $HOME × 4) + (Liquid $HOME) ``` {% endcode %} Staked $HOME is worth 4x the voting power of liquid $HOME because it contributes to the security of the protocol. # Roadmap Similar to Robinhood in the US or Toss in Korea, Defi App is focused on making financial products simple, mobile-native, and accessible for retail users. Our roadmap is centered around expanding from crypto-native DeFi into broader financial markets, while keeping the same simple UX that lets users access everything from one app. ## Q2 2026 * Closed beta and production release of Rocket Perps * Expanded iOS + Android apps * Trading competition launches: gold, silver, and stocks 24/7 on-chain * Improved spot, perps, and cross-chain routing via additional RFQ and atomic integrations * Mobile portfolio and trading UX upgrades: * Unified dashboard for positions, balances, and P\&L across chains * One-tap spot/perps switching * In-app yield management * Push notifications for liquidation levels, funding rates, and price alerts ## Q3 2026 * **Expanded RWAs, stocks, and commodities** — 24/7 tokenized trading for traditional assets alongside crypto * **HOME Finance / yield products** — single-click access to lending, staking, and yield strategies with auto-rebalancing across protocols * **AI / Jarvis v1** — conversational trading assistant for portfolio insights, yield comparison, market summaries, and simple multi-step execution (e.g. *"move my USDC to the highest yield"* or *"close all perp positions"*) * **Social trading and copy-trading** — public trader profiles with performance history, community leaderboards, and opt-in portfolio mirroring; all user-directed, non-custodial, with no investment advice or managed account features ## Q4 2026 * **Defi App debit card** — spend crypto balances at point of sale with auto-conversion, linked to existing app wallets * **Prop trading / funded trader program** — users trade with protocol-allocated capital, performance-based qualification, no user funds at risk * **AI / Jarvis v2** — autonomous agent capabilities, strategy automation, conditional execution, and portfolio rebalancing with user-defined rules * **Retail structured products** — pre-packaged yield and market exposure strategies with transparent risk parameters, fully self-custodial * **Cross-margin portfolio** — single collateral pool backing positions across spot, perps, and yield simultaneously ## 2027 strategic direction * Build Defi App into a full consumer finance super-app for crypto, tokenized equities, commodities, RWAs, and structured products * **AI / Jarvis v3** — full financial assistant: opportunity discovery, risk management, and autonomous execution via natural language * **On-chain prime brokerage** — unified access to all major on-chain liquidity venues through a single account with cross-margining, best execution routing, and consolidated settlement * **Social finance expansion** — copy trading, communities, performance-based trader discovery * **Active trader ecosystem** — funded trader programs, competitions, professional-grade analytics and execution * **Expanded HOME utility** — fee tiers, governance, buybacks, loyalty, and ecosystem incentives * **Europe and Asia growth** — localized product, language, distribution, and community **Goal:** the simplest front door to on-chain finance for mainstream users globally. *** **Note:** All products, services, and features described above are subject to applicable laws, regulations, and jurisdictional restrictions. Full terms of service available at: [Terms of Service](https://docs.defi.app/knowledge-base/legal). # Changelog ## 2026 ### 2026-02-18 {% tabs %} {% tab title="FE" %} * Added copy trading functionality behind a feature flag. * Added Enter key support as a hotkey for the withdrawal confirmation modal. * Added Governance UI. * Added locked $HOME amounts to the portfolio value calculation. * Added a spinner to indicate wallet asset loading during Perps deposits. * Added new end-to-end tests. * Released Optimistic Swap Drawer 2.0 improvements. * Enabled EOA wallet Perps deposits without requiring the DEX abstraction layer. * Re-enabled Perps deposits for new users. * Updated Dynamic to the latest version, requiring full wallet-related regression testing. * Updated pending wallet state handling and cleared EOA from the account when necessary. * Updated Perps balance display to show USDC instead of the source token symbol. * Updated the revenue share claim threshold to $5 and fixed a related logic bug. * Improved composite slippage and Solana transaction mode labeling issues. * Implemented EOA wallet detection and automatic account setup. * Created a unified progress step modal to standardize progress flows across the application. * Renamed the navbar menu item from "Earn XP" to "Earn USDC." * Fixed wallet connection logic so the Dynamic modal only opens during the spot deposit flow. * Fixed the "Mixed" label display when both slippage and Solana transaction mode are set to auto. * Fixed Solana transaction mode auto-detection logic. * Fixed XP syncing issues across different pages. * Fixed responsive sizing issues in dialogs. * Fixed an issue where the welcome bonus HOME claim button was unresponsive. * Grouped trade fills to correctly display the full XP amount. * Automatically close the Perps builder fee dialog after approval. * Prevented preconfirmation of quotes for slow Hyperliquid withdrawals that produce invalid quotes. {% endtab %} {% tab title="BE" %} * Added a pending status for unclaimed referral revenue share payouts. * Added an uncached version of the user's staking balance to the Perps tracking Lambda. * Added search functionality to the PnL leaderboard API endpoint. * Added special rules for revenue share logic. * Migrated Relay from V1 to V2. * Adjusted Hyperliquid deposits and withdrawals to accommodate Hyperliquid unified accounts. * Adjusted and trimmed application logs. * Fixed Solana on-chain balance discrepancies. * Fixed contract address comparison issues during Lambda execution. {% endtab %} {% tab title="SDK" %} * Added pending status support for payouts. * Added a fees endpoint to the Aark provider. * Reintroduced the legacy Hyperliquid send method. * Updated the Hyperliquid withdrawal function. * Updated the `AarkHistoricPosition` type to match Aark’s API. * Removed the `Content-Type: application/json` header when no request body is present. * Fixed proper propagation of `quote_unique_id` in the ExecutionClient. {% endtab %} {% endtabs %} ### 2026-02-16 {% tabs %} {% tab title="Mobile" %} * Added auth diagnostics logging, including JWT session-expiry tracking. * Updated internal SDK version to 1.14.4. * Updated CI runner size to resolve out-of-memory issues. * Updated Dynamic versions to 4.60.0. * Updated Dynamic WebView timeout to 20 seconds to reduce session restoration issues. * Fixed failed history items not responding to tap input. * Fixed onboarding wallet card rendering blank with missing data. * Fixed revenue share payout share-link modal loading indefinitely without displaying content. * Fixed inconsistent Referral Tiers pop-up behavior across user sessions. * Fixed middle button in Perps limit close-position flow. * Fixed missing token names in Perps Discover. * Fixed Earn token-amount input and layout causing values to overflow screen boundaries. * Fixed price alerts displaying when disabled and other issues. * Fixed mark price failing to load on app boot. * Fixed intermittent mobile auth session expiry issues. {% endtab %} {% endtabs %} ### 2026-02-09 {% tabs %} {% tab title="Mobile" %} * Added the Morpho logo to the mobile Morpho market chip to match web. * Added composite slippage/TX-mode button labels across transaction flows. * Added swipe-to-delete for price alert rows. * Added live price refresh behavior and freshness indicators for price alerts. * Updated referrals payouts UX by removing the non-functional filter. * Improved pending swaps footer animation. * Improved Earn filtering behavior. * Improved Perps onboarding by routing empty-portfolio users from Perps deposit into the general deposit flow. * Improved price alerts management screen with larger toggle/action button sizes for better touch usability. * Improved Price Alerts 2.1 UX. * Fixed an issue where the Perps "Close all" sheet could not be opened from non-Positions tabs. * Fixed a Perps search bug where queries (including BTC) returned no results. * Fixed a bug where failed Perps deposits were not shown as failed in the transaction diagram. * Fixed incorrect USD values shown for "Min received" in in-progress swap transaction info. * Fixed an issue where hiding assets could leave the asset list empty. * Fixed duplicated network entries in token Receive/Add funds flows for affected assets. * Fixed an issue allowing the save-transaction-logs drawer to be opened multiple times. * Fixed Rocket Perps portfolio balance so it is reflected in total portfolio balance. * Fixed a Rocket Perps issue where orders could take \~30s and be marked failed despite succeeding. * Fixed price alert precision for low-price assets like PEPE when creating alerts. {% endtab %} {% endtabs %} ### 2026-02-05 {% tabs %} {% tab title="FE" %} * Added integration for epoch-related endpoints to support revenue share claim timing. * Added a locked-versus-claimable breakdown display for revenue share information. * Added support for size percentage change controls. * Updated revenue share information. * Improved input handling. * Updated `@tanstack/react-router` from version 1.132.2 to 1.157.16. * Updated `glob` to address security alerts. * Updated `lodash` and `node-forge` to address security alerts. * Updated `h3` to address a security alert. * Updated `happy-dom` to address a critical security alert. * Fixed an issue where pending XP was not cleared. * Fixed limit price fluctuation issues. * Fixed an issue with the error page width. * Prevented automatic submission when a stale referral code exists in local storage. {% endtab %} {% tab title="BE" %} * Added deeplink support to price alerts. * Added a triggered state to price alerts. * Added an API endpoint for a Discord bot integration. * Removed referral XP functionality. * Fixed the 1inch DEX exclusion list. * Fixed a function used during revenue share claiming. * Fixed issues with average revenue share commission rates, zero-amount payouts, $HOME tiers, and tier 4 referrals. {% endtab %} {% tab title="SDK" %} * Added epoch information from the backend to support revenue share claim times in the UI. * Added tier information integration to enable frontend consumption of the tier endpoint. * Updated `@defi-app/sdk` from version 1.13.9 to 1.14.0. {% endtab %} {% endtabs %} ### 2026-01-29 {% tabs %} {% tab title="FE" %} * Added support for revenue sharing in the user interface. * Added Morpho label to the Earn banner. * Improved Perps leverage slider for better usability and precision. * Improved onboarding deposit flow. * Improved Perps positions table for clarity and readability. * Improved withdrawal flow user experience by automatically focusing on the input field. * Updated spot transaction history view. * Updated withdrawal flow to prevent selecting assets by chain when using an embedded wallet. * Updated onboarding flow to allow only spot deposits. * Fixed issue where EOA icons were not displaying in the navigation bar menu. * Fixed issue where the chain selector on the portfolio page disappeared when the user had no assets on that chain. * Removed Polymarket-related UI from the contest page. {% endtab %} {% tab title="BE" %} * Added Lambda functions to execute revenue share payouts. * Added Lambda function that reads Perps trades from the internal Hyperliquid node. * Improved handling of unindexed assets to use on-chain addresses instead of CoinGecko IDs. * Improved Aave and other Earn pool interactions with try-catch blocks for fault tolerance. * Improved integration testing. * Fixed issues with Lambda builds. * Fixed issue that prevented claiming the bonus HOME between Thursday and Friday by carrying forward BHA records. * Fixed issues with the HIP-3 watchlist. * Fixed completed quotes to ensure correct type labels. {% endtab %} {% tab title="SDK" %} * Added deletion method for price alerts. * Added integration tests for preconfirm-quote slippage behavior. * Added revenue share functionality. * Added `AGENTS.md` documentation. * Added automated tests for auto-slippage behavior. * Improved tournament query support. * Improved visibility logic for the `getReferralRevenueClaimable` endpoint. * Updated `AarkTypes.` * Separated revenue share and HOME airdrop logic for clearer separation of concerns. {% endtab %} {% endtabs %} ### 2026-01-21 {% tabs %} {% tab title="FE" %} * Added a mobile app dialog for improved mobile user experience. * Added the ability for users to link their Discord account within account settings. * Added support for addressable nonces. * Implemented optimistic XP updates for improved user feedback. * Updated the referral code page to use a single text input for entering the code. * Updated the asset details chart to match the height of the Perps chart for visual consistency. * Released version 2 of the withdrawal flow. * Prevented users from claiming negligible ("dust") amounts of HOME. * Prevented contest-related API calls when the user is not authenticated. * Fixed an issue where the Earn market count was displayed incorrectly. * Fixed quote prefetching behavior in the Earn deposit and withdrawal flow. {% endtab %} {% tab title="BE" %} * Added logs to track Blockscanner finalization of cross-chain swaps. * Added a script to claim all unclaimed Perps XP. * Added fetching of decimals for Solana assets to the `update-assets` Lambda. * Added additional logging to bridge quote prefetching for better observability. * Migrated Perps trade tracking from V1 to V2, changing the aggregation interval from two days to one hour. * Extended the price alert debounce window to 15 minutes. * Defined maximum countbacks for TradingView integrations. * Improved the routing diagram logic. * Improved handling of RPC issues during balance retrieval in the `refill-bundler` Lambda. * Disabled HumidiFi as a DEX under Jupiter. * Disabled Morpho V1 vaults. * Fixed a bug affecting portfolio cards when wallets did not exist. * Fixed Aark contract addresses and ABIs. {% endtab %} {% endtabs %} ### 2026-01-16 {% tabs %} {% tab title="Mobile" %} * Added the mobile OTA flow. * Added order lines in Perps charts. * Added TP/SL unit toggles. * Added a HIP-3 announcement sheet. * Added new Hyperliquid asset logos to the bundle. * Updated the Dynamic SDK to 4.52.2. * Improved the close-all-positions UX for Perps by disabling the button and auto-dismissing the sheet if positions are liquidated in the background. * Improved TradingView loading state. * Improved order book and live trades loading states. * Refactored Perps websocket handling by defining a global polyfill for `binaryType` on websockets, fixing crashes. * Enabled referral codes of any length. * Enabled instant asset-swap when in the Perps order form. * Removed the Perps XP card. * Fixed the Perps onboarding flow. * Fixed Perps stop limit order crash. * Fixed an issue where the Kaito S3 sheet appeared on logout. {% endtab %} {% endtabs %} ### 2026-01-14 {% tabs %} {% tab title="FE" %} * Added a HIP-3 greeting modal and a Perps search filter tab. * Added a dialog manager to standardize dialog behavior across the app. * Added a Morpho transaction history filter. * Fixed Content Security Policy (CSP) issues. {% endtab %} {% tab title="BE" %} * Added API endpoints to support bulk management of push notifications. * Added Morpho-specific filters to the transaction history endpoint. * Added a slippage error threshold for reporting issues to Sentry. * Added scripts to distribute rewards for the $1M trading contest. * Improved caching of unsupported tokens when routing through OKX. * Fixed a permit issue affecting Morpho pool tokens. * Fixed the display of Liquid Staking Tokens (LSTs) in transaction history. {% endtab %} {% endtabs %} ### 2026-01-07 {% tabs %} {% tab title="FE" %} * Added the Battle Royale prelaunch user interface. * Added an Earn filter option to the transaction history view. * Updated the builder fee to 0.03%. * Improved quote fetching and error handling across the application. * Improved the Settings user interface. * Refactored the Perps feature to work with the updated SDK. * Fixed an issue where the destination chain picker UI was overflowing. * Fixed the logic for stop-market and limit reduce-only orders. {% endtab %} {% tab title="BE" %} * Added logging for Blockscanner detection of cross-chain transactions. * Added tracking for refunded transactions. * Added intermediary assets to the unindexed asset cache. * Added total volume tracking for the $1M trading contest. * Added the AarkProvider to support deposits and withdrawals for 1000x Perps. * Added Morpho as a supported Earn provider. * Added support for multiple concurrent PnL tournaments. * Improved logging for failed price alert executions. * Improved performance by using a ready-only database replica. * Increased the maximum compute units used when routing through OKX on Solana. * Fixed the Earn filter behavior in the transaction history endpoint. * Fixed caching issues related to unindexed assets during HOME lock withdrawals. {% endtab %} {% tab title="SDK" %} * Set a gas price for Ethereum minimum balance determination. * Added Morpho support to the SDK. * Added temporary HIP-3 fee handling. * Added support to enable HIP-3. * Added HIP-3 assets. * Added Revenue Share functionality. * Updated account summary calculations. * Fixed an issue where Solana transactions could be incorrectly filtered. * Various other improvements and fixes. {% endtab %} {% endtabs %} ## 2025 ### 2025-12-18 {% tabs %} {% tab title="FE" %} * Added a withdraw action to the portfolio list menu. * Added a scroll animation to the token watchlist. * Added Polymarket-specific UI to the contest leaderboard table for Polymarket participants. * Added a contest volume progress bar. * Added support for Rocket Perps. * Added tracking for Hyperliquid deposits via Relay instead of assuming instant success. * Integrated Blockscanner transaction updates to enable faster detection of cross-chain swaps. * Updated the token watchlist to clearly distinguish between spot and Perps assets. * Updated the token watchlist to support distinct favorites for spot and Perps assets. * Updated Perps logic to use dynamic Perp fees. * Replaced the loading spinner with a skeleton loader in the asset search modal. * Adjusted the referral code flow. * Fixed issues with Solana Perps deposits. {% endtab %} {% tab title="BE" %} * Added tracking of Hyperliquid deposit destination transactions. * Added smart contracts to support referral revenue sharing. * Added information about frozen and paused Aave pools. * Added support for tracking spot and Perps assets separately in the watchlist. * Added a Polymarket username validation check for the PnL tournament leaderboard. * Added filters for Aave and Hyperliquid transactions to the transaction history endpoint. * Added watchlist assets to price push notification tracking. * Added the Hyperliquid builder fee to the user table and enabled setting individual Hyperliquid fees. * Added database schema support for referral revenue sharing. * Added a PnL tournament statistics API. * Integrated BlockScanner for tracking external transactions. * Increased the maximum database connection pool size to 20. * Increased the general Perps fee to 3 basis points. * Optimized the JupiterProvider for improved performance. * Improved the reliability and accuracy of price push notifications. * Updated Prisma to a Rust-free version. * Updated the API to return a clear error message for invalid usernames. * Disabled Balancer V3 on Ethereum. * Removed the osETH Liquid Staking Token. * Ensured Jupiter transactions do not exceed the maximum transaction size. {% endtab %} {% endtabs %} ### 2025-12-11 {% tabs %} {% tab title="FE" %} * Added support for Kaito S3. * Added explicit error states for bridging flows. * Enabled bridging functionality for Solana EOAs. * Improved the swap progress indicator user interface. * Fixed Perps position sizes and directions displayed on the Orders tab in transaction history. * Fixed Perps order direction and size handling. * Fixed an issue where order lines were missing on empty Perps charts. * Made adjustments to ensure Hyperliquid fast withdrawals function correctly. {% endtab %} {% tab title="BE" %} * Added fast Hyperliquid withdrawals to the routing diagram logic. * Added the ability to track spot and Perps assets separately within the watchlist. * Implemented aggregation of Liquid Staking Tokens (LSTs) across chains. * Ensured the correct ETH asset is selected when swapping on the BNB chain. * Fixed caching issues related to untradeable tokens. {% endtab %} {% endtabs %} ### 2025-12-04 {% tabs %} {% tab title="FE" %} * Improved the Perps transaction history to include trade aggregation for clarity and tracking. * Improved the swap widget UI, including better handling of quote errors, $HOME staking integration, and auto-slippage adjustments. * Improved the Earn feature based on feedback, including aggregation logic, progress step enhancements, and handling of unavailable assets. * Applied auto-slippage logic across all quote flows within the app. {% endtab %} {% tab title="BE" %} * Set a minimum slippage tolerance of 0.01% when using Relay. * Migrated all users’ slippage tolerance settings to the new auto-slippage mode. * Added the underlying asset image as a fallback for Earn market images. * Added scripts to measure the performance of the simulation service during quote preconfirmation. * Added backend support for price alerts. * Added an action to handle Hyperliquid withdrawals via Relay. * Added a Kaito S3 API endpoint and a corresponding materialized view. * Improved the backoff algorithm used during bundler execution for greater reliability. {% endtab %} {% tab title="SDK" %} * Added logic to cancel failed Mayan bridge transactions earlier, before the refund process completes. * Added price alert functionality. * Increased waiting time to ensure accurate retrieval of the received amount from Relay. * Prevented batching of swap and Aave supply actions to ensure correct execution ordering. * Fixed various issues with the Earn module. * Fixed formatting issues with Relay refund amounts. * Fixed issues with undefined value conversions in SDK data handling. {% endtab %} {% tab title="Mobile" %} * Added Earn network and provider filtering. * Fixed various minor interface issues, including incorrect error messaging, visual bugs, missing information, and app navigation bugs. {% endtab %} {% endtabs %} ### 2025-11-26 {% tabs %} {% tab title="FE" %} * Added a new swap widget user interface. * Added auto-slippage functionality, currently hidden behind a feature flag. * Improved the routing diagram for greater clarity and visual consistency. * Improved the user interface across the app, including adjustments to border radius, padding, and font sizes. * Fixed an issue where the recovery banner overflowed within the settings view. * Fixed the positioning of the deposit QR code information step on mobile devices. {% endtab %} {% tab title="BE" %} * Added the ability to upload and use custom meme backgrounds for the PnL share card. * Added a script for distributing welcome rewards to PnL contest participants. * Added a script for calculating top traders. * Added support for LayerZero cross-chain transaction tracking. * Added Liquid Staking Tokens (LSTs) as supported Earn markets. * Refactored the routing diagram API to align with new front-end updates. * Reduced the LayerZero fee cache duration for faster refreshes. * Improved logging within the simulation service for better debugging and visibility. * Implemented auto-slippage functionality in backend processes. * Moved the tracking of Perps trading volume to an hourly Lambda function. * Upgraded the OKX API integration from version V5 to V6. * Fixed a bug where external transactions in swaps were incorrectly marked as deposits. {% endtab %} {% tab title="SDK" %} * Added support for Solana LST and Earn functionality. * Improved the reliability of Relay fast Hyperliquid withdrawals. * Enabled swap and staking functionality for external wallets. * Implemented auto-slippage logic within the SDK. * Improved the Perps transaction history functionality. * Refactored the route diagram logic for improved maintainability. {% endtab %} {% tab title="Mobile" %} * Added a button to dismiss pending swaps banner. * Added trending assets to the swap page. * Improved onboarding welcome flow. * Refactored swap quote cards. * Refactored the explore screen and improved Perps filtering. * Mobile app now ensures embedded wallets are selected when foregrounding the app. * Fixed minor visual bugs, such as overlapping content and broken animations. * Fixed an issue where withdrawals might display an incorrect value when not using USD. * Improved usability by auto-focusing the pin input and adjusting keyboard height in some cases. {% endtab %} {% endtabs %} ### 2025-11-19 {% tabs %} {% tab title="FE" %} * Improved various aspects of transaction flows, including deposits. * Fixed an issue with contest leaderboard sorting. * Fixed USD amount validation in the withdrawal flow. * Fixed an issue with refund asset amount formatting. {% endtab %} {% tab title="BE" %} * Added additional fallbacks for Jito regional servers to improve reliability. * Added information about Aave supply caps to Earn pools. * Added mobile VIP tracking. * Added slippage tolerance checks during step and action population in quote preconfirmation. * Added Relay-based Hyperliquid withdrawal actions. * Added additional anti-exploit checks to the Solana paymaster. * Updated the Perps XP calculation logic. * Improved the resilience of the Lambda function tracking Hyperliquid trades hourly and ensured ingestion of all trades from embedded wallets. * Improved security by avoiding problematic DEXs on Solana when routing through OKX. * Improved security by ensuring that tokens are marked as invalid if Blockaid’s verdict cannot be retrieved. * Improved reporting on the PnL dashboard. * Improved various tests and checks. * Fixed a double-counting issue in the Kaito ecosystem distribution. * Fixed an issue with claiming Perps XP. * Fixed an issue with EOA withdrawals from Earn pools when the holder asset was missing from the database. {% endtab %} {% tab title="Mobile" %} * Added support for Kaito Season 3 implementation. * Added additional crash analytics tracking. * Updated token selection to display a minimum of 2 decimal places. * Improved the onboarding and deposit flows. * Improved the loading state for Search Favorites tab. * Improved leverage sheet when a user has maxed out perps leverage. The sheet now shows warnings and information on maximum leverage. * Fixed an issue with the deposit flow QR loading state flickering. * Fixed an issue with double negatives in trading contest PnL. * Fixed an issue with accessing swap settings. * Fixed various visual issues: missing icons, improper text formatting, app flickering, missing button states, overlapping components, and deposit flows showing "unknown chain" for a moment. * Fixed various Android-specific issues, including with charts, scrolling, and the AI assistant. {% endtab %} {% endtabs %} ### 2025-11-12 {% tabs %} {% tab title="FE" %} * Improved the [Trading Contest](/knowledge-base/reference/past-events/2025-usd1m-trading-contest) interface. {% endtab %} {% tab title="BE" %} * Set the swap fee to 0.03% and the perps fee to 0.025%. * Added hourly tracking for Hyperliquid trades. * Added Kaito Season 2 ecosystem distribution support. * Added fallbacks for Jito servers to improve reliability. * Removed Earn and Pool assets from the portfolio view. * Filtered out dust positions from the Earn page for cleaner UI and data presentation. * Updated Perp XP calculations to be based directly on the builder fee. * Implemented caching for 4byte revert reasons. * Fixed issues with Datadog tracking. * Fixed a maximum recursion bug within the bundler. * Fixed the calculation logic for remaining charges. * Fixed several bugs related to the Earn module. {% endtab %} {% endtabs %} ### 2025-11-05 {% tabs %} {% tab title="FE" %} * Added gas reservation logic for asset selection during bridging. * Added support for bridge consolidation. * Added PnL tracking support for the upcoming trading competition. * Removed the “Age” column from the Discover page. * Updated the user interface for Perps transaction history. * Fixed an issue with table column definitions. * Fixed issues with bridging transaction history and “bridge in progress” pages. {% endtab %} {% tab title="BE" %} * Added APIs to support the trading competition. * Added scripts for new bonus $HOME campaigns. * Added Earn APIs for yield-related features. * Added simulations to quote preconfirmations for more accurate validation. * Improved execution logic with conditional approval transactions when populating steps and actions. * Updated transaction hash linking to be compatible with both the old and new formats. * Improved bundler timeout handling for clearer error reporting and reliability. * Improved the handling of EVM revenue reporting. * Migrated Jito servers to Salt Lake City after failures on the general servers. * Fixed continuous integration issues related to memory limits. * Fixed a bug in Codex related to Solana `chainId` conversion, which previously caused quote-fetching failures for newly listed Solana tokens. {% endtab %} {% tab title="Mobile" %} * Added optimistic swaps. * Various bug fixes and improvements. * Update SDK to version 1.9.11. {% endtab %} {% endtabs %} ### 2025-10-29 {% tabs %} {% tab title="FE" %} * Added mobile swap buttons to the asset details page for better accessibility. * Added informational tooltips to the Explore banner. * Added support for combined unstake and stake (restaking) actions. * Added tracking for Onramper analytics events. * Added the HOME token restaking modal. * Removed the ZD fallback mechanism. * Improved handling of EVM signature rejections. * Improved the deposit funnel for flow and reliability. * Updated Solana Jito transactions to use the new transaction hash linking flow. * Updated logic so that Perps deposits are no longer passed via `viaRelay`, as this is now handled directly in the SDK. * Increased the EVM gas limit to 3 million. * Reintroduced retrying for failed transactions. * Enabled the front end to enforce Hyperliquid deposit mode. {% endtab %} {% tab title="BE" %} * Added automatic retries in the bundler upon failure. * Added stricter linting rules to maintain code quality. * Improved error handling through the bundler for better fault tolerance. * Ensured Solana transaction hashes are stored immediately after transaction submission. * Improved Datadog logging for better monitoring and diagnostics. * Improved handling of the bundler’s nonces. {% endtab %} {% endtabs %} ### 2025-10-23 {% tabs %} {% tab title="FE" %} * Updated the Settings user interface for improved usability and layout consistency. * Updated the Perps deposit flow for better performance and clarity. * Improved transaction security. {% endtab %} {% tab title="BE" %} * Added validation checks for stale cache entries to ensure accurate data retrieval. * Added DFlow as a backup for quote estimates. * Disabled the OKX RFQ flow. * Disabled SoLFi as a Jupiter liquidity source. * Improved bundler error logging for better debugging and visibility. * Improved backend startup performance. * Updated logic to use simple Odos routes for more efficient execution. {% endtab %} {% tab title="SDK" %} * Moved Hyperliquid price calculations into the SDK for centralized logic and easier maintenance. * Improved reliability by increasing the transaction hash linking retry delay for Ethereum. * Removed the `beforeAction` short circuit to ensure consistent execution across flows. {% endtab %} {% endtabs %} ### 2025-10-21 {% tabs %} {% tab title="FE" %} * Prevented quotes from being refetched during the execution of the original quote. * Removed the `clearBalanceCache` call on page load. * Improved `preconfirmQuote` error handling by allowing up to three automatic quote refetches before requiring the user to take manual action. * Fixed the minimum SOL balance error and ensured gas is not reserved for BNB, ETH, or Sonic when using an embedded wallet. * Improved the Perps global asset search table. * Fixed the “Hyperliquid chain not found” console error. * Improved the Perps interface for empty table states. * Moved mobile toast notifications to the top of the screen for better visibility. * Removed staking boost UI from the staking modal and updated the related dialogs and cards for consistency. * Added an internal admin users dashboard. * Added internal admin maintenance banners. * Implemented feature-flagged token consolidation and bridging functionality. * Updated gas token checks to account for the active chain (e.g., swapping ETH on BSC no longer applies a gas limit). * Corrected the order type and label display on the Perps order table. {% endtab %} {% tab title="BE" %} * Added the `update-asset-verdicts` Lambda function. * Migrated to the new 1inch API endpoint. * Introduced per-chain simulation retries for the bundler. * Fixed the bundler cache key for lock operations. * Fixed `txService` logger trace issues and upgraded Pino for improved logging. * Added scripts for the Kaito campaign. * Implemented validation for the `transferFrom` amount in EOA swaps. * Refactored transaction hash linking for efficiency. * Added caching for Odos untradeable assets. * Integrated Mayan for Solana to EVM routes (USDC only). * Added Solana call data to the step population process. * Disabled MCTP within the Mayan integration. * Added a buffer to Mayan’s maximum slippage tolerance. * Enforced simple routes via Odos to speed up quote fetching. * Added a Debank campaign API. {% endtab %} {% tab title="SDK" %} * Added new Hyperliquid permit error messages. * Optimized Jito execution for improved performance. * Improved transaction hash linking speed. {% endtab %} {% endtabs %} ### 2025-10-08 {% tabs %} {% tab title="FE" %} * Added an account option to ignore transient balances. * Improved `preconfirmQuote` error handling by allowing up to three automatic quote re-fetches before requiring the user to take manual action. * Improved page loading. * Fixed an issue with quotes re-fetching during execution of the original quote. * Fixed the minimum SOL balance error and ensured gas is not reserved for BNB, ETH, or Sonic when using an embedded wallet. {% endtab %} {% tab title="BE" %} * Added dynamic decoding of simulation errors using the 4byte directory. * Added handling for ERC20 approval scenarios for Hyperliquid deposits. * Added route cache clearing upon quote preconfirmation failure. * Upgraded TypeScript to version 5.9.3. * Handled ERC20 insufficient balance errors. * Fixed a bug related to claiming Perps XP. * Fixed slippage issues with Debridge. {% endtab %} {% tab title="Mobile" %} * Added the Explore tab. * Added the Charges display. {% endtab %} {% endtabs %} ### 2025-10-02 {% tabs %} {% tab title="FE" %} * Released Lumi v1 for DeFi app members only. * Added a Perps fee breakdown. * Added `ERC20_PERMIT_INVALID_SIGNATURE` to the list of error codes. * Added 50% rollout of the new bundler. * Reduced the Hyperliquid fee to 1 basis point. * Removed cache clearing from the backend, ensuring it now occurs on the front end. * Improved the **Welcome HOME** bonus user interface. * Improved Perps transaction history export. * Updated the `clearBalanceCache` implementation so it only clears after a swap, deposit, or withdrawal rather than on page load. * Updated the asset PnL card to display the asset name instead of “Portfolio.” * Updated the Welcome Bonus HOME offer date to October 12. * Fixed `preferredDestinationChainId` when using an EOA but the input is Solana. * Fixed an issue where the staking bonus HOME dialog incorrectly displayed an amount of zero. * Fixed infinite scrolling on transaction history when the initial page was shorter than the viewport. * Fixed an issue with selecting an unowned input asset that existed on only a single chain. * Fixed the logout handler logic to respond correctly to the Dynamic logout event. * Prevented Perps TP/SL from changing once the stop price is reached. * Disabled the navbar menu item hover transition so navigation feels snappier. * Prevented users from attempting to activate another wallet while one is already being activated. * Prevented quotes from being refetched during Perps deposit execution. * Changed the Perps order form so values adjust based only on the user’s order value input, rather than both order value and leverage. * Reverted bundler polling changes. {% endtab %} {% tab title="BE" %} * Added API endpoints to allow admins to set maintenance mode and banners. * Added the USD balance of bundler wallets to the health check. * Added handling of Relay swaps that use simple transfers on Solana. * Added logging for Blockaid rejections of searched assets. * Extended the restaking window. * Enabled OKX Solana swaps. * Created KBW campaign scripts. * Disabled LiFi. * Optimized the `update-assets` Lambda so it can finish execution reliably. * Improved management of Helius API keys. * Improved Datadog and Amplitude logging of bundler activity. * Updated to use the Odos enterprise URL with an API key for higher request throughput. * Changed to use the pending block instead of the latest block when querying a user’s balance on Base via RPC. * Fixed issues with the TVL snapshot Lambda. {% endtab %} {% tab title="Mobile" %} * Integrated Expo54 and React Native 0.81. * Added token watchlist. * Added perps new user experience (NUX) cards. * Added perps TWAP option. * Improved app UI/ UX with quality of life and performance upgrades. * Optimized bundle. * Upgraded Dynamic SDK to 4.31.0. * Upgraded dependencies that were not Expo54-compatible. * Fixed minor UI issues. * Fixed an issue with the USD toggle in the swap widget. * Fixed an issue where price chart labels could show incorrect values. * Fixed an issue with the asset select sheet in the withdrawal flow. * Various other fixes and improvements. {% endtab %} {% endtabs %} ### 2025-09-24 {% tabs %} {% tab title="FE" %} * Added the welcome bonus user interface. * Added a portfolio checklist for new users. * Added portfolio carousel cards. * Added scale orders for Perps. * Added a feature-flagged Arena swap reminder card. * Added a transfer script and updated to use the public Jito bundle status endpoint. * Added Sonic token recovery. * Added Mayan refund status logic. * Added support for a Perps scale swap type. * Disabled the $HOME staking dialog button when the entered amount is greater than the maximum allowed. * Fixed an issue where the Perps “available to trade” balance was incorrect. * Fixed an issue with the cross-margin ratio. * Fixed the address picker on the Discover page. {% endtab %} {% tab title="BE" %} * Added bundler health snapshot tracking. * Added handling of the DFlow protocol via Relay. * Added a bonus card status API. * Fixed an issue with quote errors caused by slippage constraints. * Fixed referral API issues that caused it to show zero users. * Fixed an issue with Jupiter where cross-chain Pump.fun token swaps from Solana would fail due to WSOL accounts not being present. {% endtab %} {% endtabs %} ### 2025-09-18 {% tabs %} {% tab title="FE" %} * Added the “New” category on the Explore page, behind a feature flag. * Added a right-click context menu on the Explore page that displays extra information about tokens. * Improved the user interface on the settings email step. * Improved the format and readability of numbers with many trailing zeros. * Updated the MFA flow to enable users to delete a device using backup codes. * Updated the mobile install dialog to allow Android users to install the app. * Updated `solanaTxMode` to use Jito as the default mode when “auto” is selected. * Fixed minor issues and improved logging. {% endtab %} {% tab title="BE" %} * Added block number tracking to Tenderly simulations. * Removed the auto mode of Solana transaction execution and stored Jito/Classic mode in the database. * Disabled Balancer V3 as a liquidity source for 1inch on Base. * Disabled a scam asset. * Updated various dependencies. * Updated the system to use the new simulation EntryPoint contract for better bundler simulations. * Updated the wait time for cross-chain providers to respond, ensuring we now wait for Mayan or Relay plus one additional provider. * Optimized the primary chain Lambda for performance. * Standardized the initialization process for Lambda functions. * Sanitized the permit-supported list of tokens using the permit simulator in the `update-assets` Lambda. * Fixed compute unit estimation when the program is unknown. * Fixed an issue with migrating assets that were on the watchlist. {% endtab %} {% endtabs %} ### 2025-09-10 {% tabs %} {% tab title="FE" %} * Improved the search modal. * Improved the bonus $HOME card. * Improved the routing diagram for Perps deposits. * Embedded the Perps deposit card directly within the order form. * Embedded quote error messages within the quote card for clearer feedback. {% endtab %} {% tab title="BE" %} * Enabled Mayan support for EVM chains. * Enabled Odos support for EVM chains. * Transaction handling is now managed by an in-house bundler. {% endtab %} {% endtabs %} ### 2025-09-03 {% tabs %} {% tab title="FE" %} * Added support for Mayan bridging. * Added a provider filter to swap and bridge quotes, available behind a feature flag. * Removed usage of the Node crypto module because it is not yet available in browsers. * Increased the Perps fee to 2.5 bps[^1]. * Reduced charges granted for 1 year locks. * Improved the UI, including standardizing components, adding loading and unavailable status indicators, and general improvements to withdrawal flows. * Improved performance, including making account initialization synchronous to improve startup times. * Hyperliquid deposit amounts are now correctly handled with Relay native deposits. * Fixed an issue with the Perps limit price calculation. * Fixed the chain selector so that the selected chain resets correctly when switching output token. {% endtab %} {% tab title="BE" %} * Added `ActionQuotes` to quote objects, which is required for Hyperliquid deposits via Relay. * Removed stablecoins from the list of LiFi providers. * Updated user count logic so that it now returns the number of embedded wallets. * Updated the Perps fee and the XP amount awarded for fees. * Fixed an issue with claiming Perps XP. {% endtab %} {% endtabs %} ### 2025-08-20 {% tabs %} {% tab title="FE" %} * Improved the Perps new user experience. * Added support for Perps TWAP trades. * Added the Explore page. * Added a new Bonus Home card to the Portfolio page. * Added support for choosing between currency or percentage displays in the Perps Share PNL dialog. * Added expected gain/loss to the Perps TP/SL dialog. * Launched Degen Arena v2. * Updated font styles. * Updated navbar menu. * Updated the Referral dashboard (accessible via the app, by clicking Referral **XP** in the top-right corner of your screen). {% endtab %} {% tab title="BE" %} * Added routing to assets' primary chain. * Added caching of data returned by providers during quoting. * Added step population to the quote preconfirmation. * Added a category API endpoint for the token exploration page. * Added the number of supported tokens to the token exploration API endpoint. * Added faction owner image to Arena API endpoints. * Created a materialized view for users' volumes (part of the Degen Arena v2 redesign and Referral dashboard). * Fixed an issue with ETH withdrawals. * Fixed an issue with some CoinGecko queries for historic prices. * Fixed intermittent errors affecting Solscan. * Fixed bug causing WETH to get prioritized over ETH during EOA swaps. {% endtab %} {% tab title="SDK" %} * Added support for `preConfirmationChanges`. * Added HyperLiquid native deposit support via Relay. * Fixed an issue where Base balance updates could be delayed. * Improved error messaging for insufficient balances. {% endtab %} {% endtabs %} ### 2025-08-08 {% tabs %} {% tab title="FE" %} * Added an internal admin dashboard. * Updated the default mode for Take Profit/Stop Loss to percentages. * Improved Perps experience, including updates to the order form and speed optimizations. * Improved menu components. * Fixed an issue where TradingView chart lines were recreated every few seconds. * Fixed an issue where multiple chain balances were aggregated within the Perps deposit flow when using an EOA. * Fixed an issue where the fund recovery banner would flash after a swap. * Fixed an issue that caused EOA balances to be aggregated incorrectly in the withdrawal flow. {% endtab %} {% tab title="BE" %} * Added support for multiple Bonus $HOME allocations. * Initialized the Kaito campaign. * Fixed an issue with bridging $HOME. * Added the ability to apply extra charges to KOLs. * Decreased the maximum account size for Jupiter. * Expanded global statistics for token discovery. * Enabled sending push notifications and whitelisting mobile users via the admin dashboard. * Added automatic invalidation of the portfolio cache for EVM EOA wallets. * Updated PrismaClient initialization in preparation for enabling read replicas. * Improved handling of errors from CoinGecko. {% endtab %} {% endtabs %} ### 2025-07-31 {% tabs %} {% tab title="FE" %} * Improved the Perps UI. * Perps maximum deposits now reserve dust to ensure enough gas to process the transaction. * Pre-confirm quote calls are now cached. {% endtab %} {% tab title="BE" %} * Added support for gasless approvals. * Added LiFi quotes one unit below the user’s specified minimum amount. * Added Datadog logs to Lambda functions. * Optimized Lambda functions. * Fixed an issue with PayMaster Lambda tracking. * Fixed an issue with bridging $HOME tokens from Solana to BSC. * Decreased the retry duration for finding a transaction by its hash. {% endtab %} {% tab title="SDK" %} * Replaced QN with Helius for Jito bundle simulations in the SDK. * Improved logging. * SDK no longer overwrites the cause for Solana errors. * DSK no longer retries phantom signature cancellations (only impacts Jito). * Turnkey errors are now identified explicitly. * Fixed cross-chain ETH withdrawals. * Fixed an issue causing false negatives when linking txHash. {% endtab %} {% endtabs %} ### 2025-07-25 {% tabs %} {% tab title="FE" %} * Fixed a race condition that could cause an error. {% endtab %} {% tab title="BE" %} * Improved logging. * Defi App now uses the primary chain of an asset for Trading View charts. {% endtab %} {% endtabs %} ### 2025-07-24 {% tabs %} {% tab title="FE" %} * Added Vercel middleware to improve security. * Improved handling of some execution errors. * Improved classifications of wallet rejection errors. * Improved perps trading on mible. * Defi App now falls back to client-side execution when Jito bundles fail due to rate limits. {% endtab %} {% tab title="BE" %} * Added CDN cache control. * Added support for flexible bonus HOME allocations. * Added support for restaking airdropped $HOME to receive bonus $HOME. * Added information on primary and secondary chains for every asset. * Added information on permit support for every asset. * Extended the timeout for claiming Perp XP. * Fixed an issue with on-chain fee deduction when before-actions are present. * Fixed issues with push notifications. {% endtab %} {% endtabs %} ### 2025-07-21 {% tabs %} {% tab title="FE" %} * Added push notifications. * Solana refill commands now track USD amounts. * Fixed retry logic when populating DeBridge or Relay step. * Fixed bridging of $HOME from Solana. {% endtab %} {% tab title="BE" %} * Added a close limit order dialog for perps. * Improved error handling when fetching transaction hashes. * Upgraded to React 19 and `react-spring/web 10.0.1`. * Increased wait time for JITO bundles. * Set approval to 0 for all old ERC20 standards. * The balance cache now clears after quote execution. {% endtab %} {% endtabs %} ### 2025-07-18 {% tabs %} {% tab title="FE" %} * Improved security for transactions from external wallets. * Improved server-side Jito execution. * Updated the perps isolated margin dialog. * Enabled portfolio asset filtering. * Improved error messaging for failed swap executions and wallet rejections. * Improved perps on mobile: * Added carousel cards for perps balances and an XP card. * Redesigned perps page to include the chart, order book, trades, new positions, and orders tables. * Fixed an issue with exporting PK[^2]s when MFA is enabled. * Fixed an issue where a dialog checkbox incorrectly appeared to be checked when exporting PKs. * Fixed an issue with perps deposit quotes re-fetching during execution. {% endtab %} {% tab title="BE" %} * Improved logging. {% endtab %} {% endtabs %} ### 2025-07-15 {% tabs %} {% tab title="BE" %} * Fixed an issue with Relay account creations. * Fixed an issue with multi-chain and after-actions math. * Launched beta access for the mobile app. * Added caching for OKX approval addresses. {% endtab %} {% endtabs %} ### 2025-07-11 {% tabs %} {% tab title="FE" %} * Improved Toast UI. * Removed liquidation points function. * Fixed price scaling on the TV chart. {% endtab %} {% tab title="BE" %} * Improved container setup in Solana revenue command. * Added integration with Pimlico boosted bundler. * Disabled `ARBITRUM_CURVE_STABLE_NG` and `ARBITRUM_WOOFI_V2` as 1inch liquidity sources. * Disabled DebRidge for Arbitrum same-chain swaps. * Removed token multipliers from XP calculation. * Removed liquidation XP. * Fixed an issue with bonus $HOME allocation precision calculation. * Fixed an issue with referral user creation during faction creation. * Fixed after action amount calculation in quotes with multiple routes. {% endtab %} {% endtabs %} ### 2025-07-02 {% tabs %} {% tab title="FE" %} * Added additional custom error codes to better cover execution-related errors. * Improved the Perps interface. Improvements include trade book padding, header tweaks on the Perps chart, fixing missing chart lines, and centering the intro dialog content. {% endtab %} {% tab title="BE" %} * Enabled OKX provider support for EVM-compatible chains. * Added prevention measures for the Solana paymaster exploit. * Updated the Prisma ORM to the latest version. * Introduced a new formula for calculating Perps XP. * Deployed a patch to handle Perps claiming cases where liquidation close PnL is zero. * Integrated Blockaid for enhanced token scanning functionality. * Removed the minimum $0.30 transaction fee on Solana. * Implemented functionality to support user watch lists. * Upgraded the 1inch API to version 6.1. * Fixed an issue with bridging from Solana via LayerZero. {% endtab %} {% endtabs %} ### 2025-06-26 {% tabs %} {% tab title="FE" %} * Upgraded SDK to support Jito execution on the server side. * Perps UX/UI Improvements: * Users now remain on the their selected order tab after placing an order. * PnL card now includes both realized and unrealized PnL. * Order direction (e.g., Long/Short) now persists after placing an order. * Selected leverage (e.g., 20x) is now retained after placing an order. * Added chart lines for entry price/PnL. * Added chart lines for unfilled limit orders. * Added moveable and cancellable TP/SL lines that are directly on the chart. * Fixed an error when switching chart timeframes. * Your Perps card now appears on the portfolio page if you have a balance but no open positions. * Tapping anywhere on the “Reduce Only” row now toggles the checkbox. * The tooltip on the Perps portfolio card now only appears when hovering over the text, not the entire row. * Refined designs across the Perps interface, including deposit and withdrawal modals, leverage cards, slippage text size, volume candles, and more. {% endtab %} {% tab title="BE" %} * Fixed an edge case where CoinGecko would return an empty price. * Fixed a bug affecting Perps trade tracking. {% endtab %} {% endtabs %} ### 2025-06-20 {% tabs %} {% tab title="FE" %} * Restored per-asset TVL charting with optimized backend queries. * Adjusted bonus $HOME countdown timer to complete on Fridays at 2PM UTC. * Improved UI layouts for the asset details and Perps trading interfaces. * Added 4-hour candle support to Perps chart data. * Optimized UI animations. {% endtab %} {% tab title="BE" %} * Improved per-asset TVL endpoint performance. * Improved transaction history query performance. * Fixed rounding discrepancies in LayerZero transaction processing. * Updated slippage check logic to enforce stricter validation. * Disabled Obric as a Jupiter liquidity source. * Temporarily disabled LiFi routing for cross-chain swaps. {% endtab %} {% endtabs %} ### 2025-06-17 {% tabs %} {% tab title="FE" %} * Governance votes are now weighted by an account's $HOME and staked $HOME balances. * Added a fallback button to disable Jito bundling when a transaction bundle fails. * Optimized transaction history rendering for better responsiveness. * Enhanced routing diagram visuals for stake, unstake, and claim actions. {% endtab %} {% tab title="BE" %} * Fixed retry logic for Jito bundles to prevent redundant re-attempts. * Enforced slippage as the true minimum receivable across all swap paths. * Fixed rounding and type casting issues affecting swaps in a small number of cases. * Fixes issues causing Sonic swap route failures and inconsistencies. * Improved Prisma performance through query and schema optimizations. {% endtab %} {% endtabs %} ### 2025-06-09 {% tabs %} {% tab title="FE" %} * Launched Airdrop! Claim, stake, and boost your XP through the all-new airdrop flow. * Overhauled the app UI with a new look. * Updated the onboarding flow for a cleaner, smarter experience for new users. * Implemented faction pagination in Degen Arena to improve performance. {% endtab %} {% tab title="BE" %} * Added support for Airdrop quotes: Stake, Claim, and Claim & Stake. * Improved XP reallocation and storage. {% endtab %} {% endtabs %} ### 2025-05-22 {% tabs %} {% tab title="FE" %} * Launched Degen Arena Season 2! * Added support for Governance voting, including a new in-app UI. * Improved referral UX – users visiting a referral link after already having been referred now see an informative message. * Wallets are now saved immediately for a more reliable onboarding experience. * Updated Dynamic SDK to version 4.18.0. {% endtab %} {% tab title="BE" %} * Enabled XP reward tracking for Perps liquidations. * Expanded Degen profiles to include all XP types for better insights. * Added backend support for upcoming reward campaigns, including XP multipliers, bonus distribution infrastructure, and more. {% endtab %} {% endtabs %} ### 2025-05-13 {% tabs %} {% tab title="FE" %} * Perps Order Form v2 – Refreshed layout and improved UX for Perps trading. * Fixed an edge case causing "User does not exist" errors on Perps TOS submission. * Fixed transfer math logic for Hyperliquid, ensuring correct handling of decimals. {% endtab %} {% tab title="BE" %} * Improved leaderboard performance. * Reduced Perps XP rewards. * Lowered Solana minimum transaction fees to $0.01. * Added a secure Onramper signing endpoint to enhance transaction verification. * Added a maximum timeout for all route providers to prevent indefinite hangs. * Fixed an issue where some new users did not receive a welcome email. {% endtab %} {% endtabs %} ### 2025-05-01 {% tabs %} {% tab title="FE" %} * Launched perps trading! Trade perpetuals directly from the app with a brand new interface, powered by Hyperliquid. * Introduced the Perps XP Claim Card – see and claim your earned XP from perps trading. * Improved error handling in the perps deposit flow to catch and surface issues more clearly. * Improved the look and feel of the app: removed the background gradient for a cleaner look, revamped toast styles for improved visibility and responsiveness, and added animated chevrons to the perps transfer flow for deposits and withdrawals. {% endtab %} {% tab title="BE" %} * Increased the maximum supported accounts for Jupiter routing from 50 to 64. * Fixed a bug causing incorrect "failed route" statuses during swaps. * Added endpoints to view and claim Perps XP. * Added a list of LiFi-restricted assets to block unsupported transfers. * Improved referral code endpoint performance. {% endtab %} {% endtabs %} ### 2025-04-22 {% tabs %} {% tab title="FE" %} * Launched a new and improved deposit flow! * Included provider fees in total transaction cost within transaction history. * Made maintenance overlay visibility configurable via environment variable. * Addressed various UI bugs and feedback related to perps. * Updated minimum and maximum slippage configuration. {% endtab %} {% tab title="BE" %} * Reduced the Solana fee charged for Jito transactions. * Removed 1inch Limit Order Protocol for Ethereum. * Disabled Arbitrum Balancer V3 as a 1inch liquidity provider. {% endtab %} {% endtabs %} ### 2025-04-07 {% tabs %} {% tab title="FE" %} * Integrated Hyperliquid perps (currently behind a feature flag while in alpha). * Enhanced empty state card on the asset details page for users with no transaction history. * Improved UI for swap warnings, including high cost, price impact, and mainnet alerts. {% endtab %} {% tab title="BE" %} * Improved accuracy of cross-chain transfer balance tracking. * Enabled retries for EVM paymaster validation requests. * Corrected asset decimals for Rings scBTC. * Integrated Galxe campaign API. * Optimized Degen Arena API queries. * Removed referral code limit for GRANNYS campaign. * Made user referral code creation case-insensitive. {% endtab %} {% endtabs %} ### 2025-03-25 {% tabs %} {% tab title="FE" %} * Added "Reserve Gas for EOA" feature – we now estimate and reserve gas when swapping your full balance to help ensure the transaction succeeds. * Introduced a content security policy to restrict the loading of non-whitelisted resources for improved security. * Swap module is now available on the Arena page. * Added quick amount presets (25% / 50% / 75% / Max) and "quick asset select" to the swap module. * Added a detailed XP breakdown tooltip on the Arena page, showing swaps, referrals, and holding bonuses when hovering over XP earned. * Bonus XP UI added – if you're holding an asset with a bonus multiplier, you’ll see a gold XP badge displaying your bonus breakdown. {% endtab %} {% tab title="BE" %} * Implemented per-asset TVL calculation – users can now see how much TVL XP they are earning per asset. * Released an API for TVL XP multipliers – lists assets with special treatment (e.g. those earning yield when staked outside defi.app), along with their associated multipliers. * Faction owner points are now displayed on the Degen Arena leaderboard. * Integrated Obric V2 as a liquidity provider on Solana. * Introduced `actions` – interactions with smart contracts that can be prepended or appended to swaps or bridges. * Enabled support for overly optimistic 1inch quotes. * LiFi routes are now re-priced using CoinGecko prices to improve accuracy. * Referral codes now support any case format. * Added Stats API endpoints for DefiLlama to track swap volume. * Expanded Stats API to include Daily Active Users (DAUs). * Granted API access to the Dune dashboard. * Optimized portfolio API by separating TVL and PNL into individual endpoints. * Added pagination to the Factions API. {% endtab %} {% endtabs %} ### 2025-02-28 {% tabs %} {% tab title="FE" %} * Exporting PK updates - this is all housed inside the `Wallets` tab now, you can click on your embedded wallet and export the recovery phrase easily! * Piggy bank animation on the degen arena banner! As you swap, the piggy fills up in real time! * Updated `react-toastify` to `^11.0.3` & improved styles on the toast notifications. * Swap flying coin animation improvements - If using an EOA, the animation plays once you have completed all the signatures. * Improved warning UI so the user understands what's going when price impact or fees are high, for example. {% endtab %} {% tab title="BE" %} * Tweaks to the Solana priority fee estimation in order to make it more accurate. * Renzo staked SOL added to the Liquid Staked SOL correlated assets set. * Introduced a stats endpoint to track volume, which shall be utilized by DefiLlama. {% endtab %} {% tab title="Other" %} * Switched out the deprecated dynamic API for the new API. * Adjusted twitter name in kol-bonus-xp to be case insensitive. * E2E testing suite. * Added a swap event system in the codebase, this allows us to simplify reacting to swaps occurring. {% endtab %} {% endtabs %} ### 2025-02-19 {% tabs %} {% tab title="FE" %} * Quote fetching improvements - we now only allow 10 quote refetches before the user has to press refresh on the swap button, to take pressure off the API. * Update Bonus XP on the degen arena leaderboard to XP points, rather than a percentage. * Now using BigJs for math calculations in swap/withdraw/deposit flow - which also fixed an issue with the USD toggle. * Improved error handling & styling when entering an invalid referral code error. * Improved UI for when swaps are refunded, which clearly explains the asset & amount which was returned to you in the swap drawer. * Implemented a card which reminds user to join the degen arena if not in a faction and performing swaps. * Addressed a significant amount of misc. user feedback, tweaking styles, placements etc. * Rename `Trade` to `Perps` and `Dashboard` to `Trade`. {% endtab %} {% tab title="BE" %} * Decrease quote validity from 30s to 15s to ensure have the most up to date and accurate quote pricing. * Integrated Relay directly for cross-chain swaps. * Limit user's EOA transaction history to 24hrs prior to reduce load on the API. * Excluded Obric V2 and Obric dexes. * Switched to using `/quote` endpoint instead of `/price` for Relay integration, preventing quotes which are too optimistic and causing some swaps to fail. * Increased Solana priority fee which helps transactions go through more frequently in times of high congestion. {% endtab %} {% tab title="Other" %} * Quotes now use output USD value instead of calculating it from Coingecko. * Fixed degen arena XP issues. * Fixed TV chart volume issues. * Updated production referral codes to `GRANNY` and `DEGENS`. * Updated dynamic access list to account for emails. * Preloaded coin animation sound on page load. * Updated degen arena banner copy. * Faction script updates. * Updated profanity list. * Hide Defi App Early Testers faction. * Caching prioFee. * Providing an average prioFee via endpoint. * Security header improvements. {% endtab %} {% endtabs %} ### 2025-02-11 {% tabs %} {% tab title="FE" %} * Optimistic swaps! We now immediately show the balance in a "pending" state until its landed and we can perform multiple swaps at once, aswell as the coin animation and points increase instantly. * Onramper widget implementation so users can now buy crypto with fiat. * New quote card, detailing the fee breakdown, with price impact and slippage rows. * We now allow quotes if you don't have the available balance so you can see what you would get, instead we disable the swap button if you have an insufficient balance. * Improved swap error handling, we now show the full error message rather than Swap failed so the user can know exactly what has happened. * Removed lots of old bloat code from the swap widget. * Mobile deposit & withdraw flow UI improvements, better colors, improved padding, completion step, etc. * When you select a chain on the chain picker (when using EOA), the route will always go to that chain now. * Implemented TradingView charting on asset details page, with buy/sell events included. * Degen Arena faction drilldown - allowing the user to click into a faction and see specific information about it, such the degen leaderboard. * Mobile Web UI improvements on dashboard, deposit, withdraw, transaction history & arena pages. * Swap drawer UI tweaks - bigger font, spacing, slide in animation. * PnL implemented onto the asset detail page. * Optimised dashboard polling to cut API requests in half. * Added heavy load mode so we can slow down requests in times of heavy load on the app. * Refresh button (for refetching the cache). * Swap widget button animation. * Refreshing the cache when an account loads. {% endtab %} {% tab title="BE" %} * Amplitude adjustments for reporting cadence and new endpoint for login reporting via backend. * Gainer/Loser API added, so we can now show top gainers and losers on the frontend via the API. * DeBank calls optimisation (blockscanner service integration for EVM balances, and advanced caching for EVM tx history). * Token Sniffer integration - scanning new unverified tokens and rejecting scams and spams on EVM chains with caching & fallbacks. * Portfolio chart improvements and bug fixes. * Transfer support for solana 2022 tokens. * Improved cost estimations for Solana -> EVM swaps. * Enable Relay via LiFi and set it to be the preferred bridge (instead of Across). * Optimized QuickNode balance fetching. * Optimized Codex chart data fetching. * Optimized Solana chart data processing. * Added structured error logging for LiFi and Deswap. * Solana Blockscanner integration for balances caching. * Added public user count API. * Implemented the ability to track destination TX hashes. * Improved Codex stability in fetching portfolio chart data. * Fixed amplitutde snapshot TVL. * Updated DeBridge cross-chain endpoint. * Skipping dust routes via threshold. * Moved CORS middleware first so we don't get CORS errors when rate limiting users. * Increased default limit to 300/m for IP based rate limiting. * Adjust quote validity to 15s. {% endtab %} {% tab title="Other" %} * Linting and minor refactoring. * Structured logging. * Lambda deploy upgrade. * Updated Sentry. * Added multi-key fetches for Redis. * Fixed invalid TTL error when getting chart data. * Fixed faction drilldown query. * Decreased tvl multiplier from 1 to 0.5. * Fixed ETH and WETH transfers. * Added list of token multipliers for swaps in the Arena. * Added correlated assets for BNB and WBTC. * Lifi tracking redundancy to fix Across outage. * Lots of misc ui fixes which were found during dev testing. * Updated degen arena twitter share copy. * Updated multiple dependencies to resolve security notice errors. * Fixed a react-spring animation bug on then swap drawer. * Implemented the ability to override an SVM address for debugging/testing. {% endtab %} {% endtabs %} ### 2025-01-28 {% tabs %} {% tab title="FE" %} * Improved support widget placement. * Adjusted toast positioning so it doesn't overlap support widget. * Price change now shows a dash instead of the infinity sign if the price change hasn't fully loaded. * Quote card hover area on the cost was expanded. * Increased portfolio chart padding on the top and bottom. * Faction dialog UI improvements: positioning across multiple device sizes, color scheme matches Figma. * Portfolio prefetching for the asset select now, so assets don't jump around when you click the asset select on the swap widget. * Catch routeStatus objects in sentry that cannot be cloned, for better error handling on sentry. * Fix failed swap tracking running on every render, previously a failed swap would be tracked on every render, now we only do it once on load. * Fixed MFA backup codes not appearing due to a race condition in the codebase. {% endtab %} {% tab title="BE" %} * Minor Solana fee adjustment, we have decreased the fee which we charge. * Increased the fee when swapping with different BTC tokens to avoid slippage errors, such as tBTC, etc. * Increased slippage fee from 5% to 10%. * Optimistic swap endpoint, which allows us to quickly request asset details in optimistic swaps. * Infrastructure and workflow improvements. {% endtab %} {% tab title="Other" %} Paymaster * Fixed paymaster code build. * Removed the Opsgenie service (no longer used). * Sentry integration. {% endtab %} {% endtabs %} [^1]: Basis Points [^2]: Private Key # Past Events # Battle Royale Contest ended February 12, 2026
Battle Royale is Defi App's series of trading competitions. Each season ranks participating users by measurable performance, calibrated to rewards real traders. You must use an embedded wallet to participate in Battle Royale. Learn how to [create an account](/knowledge-base/onboarding/account-setup) and [fund your account](/knowledge-base/onboarding/funding-your-smart-account) to get started. ## Eligibility To participate in Battle Royale Season 1, you must: 1. Use an [embedded wallet on Defi App](/knowledge-base/onboarding/configure-your-wallets#defi-app-built-in-wallets), and 2. Trade [perpetuals](https://claude.ai/knowledge-base/trade-and-earn/trade-perpetuals) during the active contest window, from January 12th to February 12th, 2026. Your perpetuals PnL will automatically put you in the competition, competing for a spot on the PnL leaderboard. The top 10 traders earn rewards. {% hint style="danger" %} **Disqualification** Delta neutral positioning is grounds for disqualification. Defi App actively monitors for this behavior. {% endhint %} *** ## Season 1 Battle Royale Season 1 is a 30-day [perpetuals](/knowledge-base/trade-and-earn/trade-perpetuals) trading competition running from January 12th to February 12th. Compete against other traders by generating realized PnL on your perpetual positions. Finish in the top 10 ranks of the leaderboard to earn your share of $250,000. ### Key Details | Parameter | Value | | ------------------ | ----------------- | | Duration | 30 days | | Start Date | January 12, 2026 | | End Date | February 12, 2026 | | Product | Perpetuals | | Ranking Metric | Realized PnL | | Prize Pool | $250,000 in $HOME | | Winners | Top 10 traders | | Volume Requirement | None | Prizes are distributed to the top 10 traders in [HOME tokens](/knowledge-base/home-token/tokenomics). All rewards are subject to a vesting schedule. | Rank | Payout (USD Value) | | ---- | ------------------ | | 1st | $100,000 | | 2nd | $50,000 | | 3rd | $30,000 | | 4th | $20,000 | | 5th | $15,000 | | 6th | $10,000 | | 7th | $8,000 | | 8th | $7,000 | | 9th | $6,000 | | 10th | $4,000 | *** ## Future Seasons Future seasons of Battle Royale may apply to perpetuals, swaps, yield, or other Defi App products. Season parameters, prize structures, and ranking criteria may vary. Each season is designed to reward real users based on clear performance metrics. *** By using Defi App, you agree to the [Terms of Service](/knowledge-base/legal/terms-of-service). # 2025 $1M Trading Contest Contest ended January 1, 2026 Welcome to the largest trading competition in Defi App history! [Trade perpetuals](/knowledge-base/trade-and-earn/trade-perpetuals), climb the leaderboard, and win your share of $1,000,000 in HOME tokens. *** ## Overview Defi App is launching a trading contest for perpetuals traders. From **November 10 at 9:00 AM ET to January 1, 2026 12:00 AM ET**, realized perpetuals PnL[^1] determines your position on the leaderboard. The higher your margin at the end relative to deposits, the higher you place.
DurationNovember 10, 9:00 AM ET to January 1, 2026 12:00 AM ET
Prize Pool$1,000,000 in HOME tokens
Eligible TradesPerpetuals only
### Eligibility Requirements To be eligible for the contest, trade perpetuals using a **Defi App embedded smart wallet**. No registration required; just [enable your Defi App embedded wallet](/knowledge-base/wallets/manage-your-wallets) and start [trading perpetuals](/knowledge-base/trade-and-earn/trade-perpetuals). EOA[^2] trading activity does not count towards the contest. To participate, activate your Defi App embedded wallet or create a new account on Defi App. ### Trading Volume Requirements **The $1,000,000 reward pool is contingent upon enough trading volume.** The reward pool is decreased to $500,000 if trading volume does not reach $2 billion by **December 31st, 2025**. {% hint style="success" %} **Trading Volume Timeframe Extension** Defi App [extended the trading volume window in favor of traders](https://x.com/defiapp/status/2001751926975926667?s=20). On December 18th, Defi App announced that the Trading Contest did not meet the original requirement of $2 billion in volume by week 4, but that it would extended the trading volume deadline to December 31st, 2025. {% endhint %} ### Competition Details Defi App's Perpetuals Trading Contest starts on November 10 at 9:00 AM ET, and ends on January 1, 2026 12:00 AM ET. Your performance is measured by **realized PnL on perpetuals trades**. Perpetuals on Defi App are powered by Hyperliquid. The leaderboard updates every hour throughout the contest, with PnL data provided by Hyperliquid. *** ## Rewards {% hint style="info" %} **Trading Volume** The contest did not reach the $2B [Trading Volume Requirement](#trading-volume-requirements) by December 31st, 2025, so the total prize distribution was $500,000 in $HOME. {% endhint %} Rewards were paid out on January 8, 2025.
RankUsernameVolumePNLReward
1marcellous$40,115,918.67$276,672.20$109,050.95
2liqudated$34,797,250.63$224,537.39$81,788.22
3youngplatitude549$1,421,636.09$54,535.77$59,978.03
4stainlesspitch464$1,835,047.48$53,260.14$43,620.38
5tdf1$975,422.37$42,201.67$32,715.29
6bereavedattitude564$1,281,826.51$38,834.60$21,810.19
7rldska1010$1,107,769.51$34,758.30$13,631.37
89000$27,285,985.27$31,598.31$10,905.10
9god$19,746,972.19$31,531.66$9,541.96
10VNm$1,300,053.56$21,589.19$8,178.82
11BaronTrumpReal69$1,494,276.54$19,148.82$7,633.57
12BlueBaron$12,528,888.45$16,263.94$7,088.31
13Pepper$11,052,080.42$11,923.26$6,543.06
14mikefriend$1,771,810.00$11,790.00$5,997.80
15JADAWGS$398,511,812.28$10,705.08$5,452.55
16skimpypadlock146$1,401,291.27$9,233.22$4,907.30
17MontanaGangsta$10,713,948.00$8,638.90$4,634.67
18Duonglinhtrungr$475,947.66$7,913.48$4,362.04
19lindajoseph$601,771.21$7,696.36$4,089.41
20DaanCrypto$5,128,125.62$7,315.75$3,816.79
21saints$1,157,650.16$6,750.73$3,544.16
22Duongtrangnghiax$447,325.97$6,735.36$3,271.53
23BirchDerri$535,264.66$6,719.13$2,998.90
24full-sizehunger127$592,505.40$6,495.00$2,726.28
250xNDM$3,448,176.64$6,284.47$2,453.65
26ennisDona$455,771.10$5,988.95$2,181.02
27barrington$215,971.53$5,835.86$1,908.39
28noosa$767,058.21$5,797.95$1,744.82
29payingagenda107$357,024.53$5,442.34$1,635.77
30ineptattraction615$397,381.87$5,176.80$1,526.72
31jlavaidi$107,676.46$4,067.04$1,417.66
32riritsu$178,484.05$4,025.91$1,308.61
33Degn$562,573.61$3,786.27$1,199.56
34devinai$645,521.73$3,672.43$1,090.51
35iamyourhome$463,621.01$3,579.05$1,035.99
36unpredictableingot26$1,412,615.01$3,524.57$981.46
37blizzardkicks$2,368,577.44$3,039.78$926.94
38magelanganrendang$199,703.28$3,029.13$872.41
39beplier$4,947,942.32$2,831.65$845.15
40qooandchoco$48,430.24$2,823.98$817.88
41tatangwarianta$182,882.32$2,805.95$790.62
42medium-sizedendorsem$127,649.66$2,745.38$763.36
43Linh1$2,365,970.35$2,631.54$736.10
44phonome$490,629.55$2,425.99$708.83
45high-pressurewonderl$102,185.30$2,256.16$681.57
46nb42ec$95,968.24$2,210.54$654.31
47aoi_jp$452,064.22$2,065.60$627.05
48soaringleg684$98,569.93$2,037.69$599.78
49SappyKingDefiOG$893,980.84$1,975.47$572.52
50tomozou$387,952.47$1,902.30$545.26
51onchainhunter$174,692.21$1,825.54$246.95
52second-handdugout790$211,706.60$1,745.35$246.43
53mostangrybull$295,742.91$1,615.14$245.91
54OlivierBionic$420,539.08$1,597.46$245.39
5586b3$71,674.38$1,559.52$244.87
56jonasosterdal$153,887.40$1,513.74$244.34
57nb25$83,677.08$1,434.89$243.82
58fluentjester423$80,497.20$1,374.80$243.30
59illustriousitem718$232,400.10$1,304.75$242.77
600xdragon2$80,732.88$1,214.03$242.25
61Armazmar$1,627,213.95$1,207.24$241.73
62sedatekit484$34,479.39$1,168.08$241.21
63notclark10x$1,275,015.19$1,136.65$240.68
64terrificabuse313$92,889.34$1,050.34$240.16
65michu$402,059.27$1,023.82$239.64
66akihito$348,838.81$987.58$239.12
67fxlpn_guada$19,733.07$984.53$238.60
68soulkay0712$151,034.75$882.25$238.07
69VladD$979,589.33$878.97$237.55
70prospectivemedicatio$56,439.26$857.78$237.02
71dk13$416,941.36$836.41$236.50
72Picolas_caged$201,220.96$802.66$235.98
73ehudda$1,381,932.85$774.93$235.46
74PATCAN2802$701,877.08$694.34$234.94
75John_acw$957,900.87$671.58$234.41
76BakedEnt$2,144,973.70$667.79$233.89
77geminigoldsaint$276,840.14$629.94$233.37
78Grupp$31,730.95$587.95$232.85
79biff$388,405.01$569.14$232.32
80wholistic$54,626.93$557.81$231.80
81Sayers$111,825.77$519.55$231.28
82obscurehogan411$59,669.75$515.14$230.75
83Joshiker$72,239.29$507.82$230.24
84f88a$288,094.74$500.18$229.71
85timidpurse825$24,289.75$481.23$229.19
86SpiritualBeast$175,987.75$477.01$228.67
87three-waycoachman728$23,027.52$441.13$228.14
88MJMS$38,864.30$429.24$227.62
89Swaygo$160,601.67$420.11$227.10
90faddefi$289,810.35$398.64$226.58
91ideation$122,710.77$388.13$226.05
92hyeondam$61,154.24$375.89$225.53
93cedronius$169,046.25$369.32$225.01
94sekiray$73,932.36$365.57$224.48
95madman$568,208.73$364.85$223.97
96genericculprit517$95,404.98$347.82$223.44
97Shindo$70,868.75$310.91$222.92
98Bart75$194,333.83$305.84$222.40
99captr1g$157,418.63$289.78$221.87
100Labrude1948$18,426.97$283.70$221.35
101poisonouspinups$386,885.34$273.35$6.90
102mori_no_kumasan$49,109.95$253.69$6.90
103hayden192022$460,035.88$250.88$6.90
104kalme$12,173.51$245.06$6.90
105bountifulfailure893$54,046.84$236.21$6.90
106yellow$102,295.70$234.71$6.90
107King69$50,226.30$223.79$6.90
108nb24$25,862.31$210.95$6.90
109XavSMD$5,343.32$188.44$6.90
110xfabinvest$40,991.35$179.13$6.90
111Mega3$30,482.82$176.06$6.90
112lujo$454,720.78$175.32$6.90
113Dheee$44,062.54$174.38$6.90
114TheQuant$927,555.67$169.65$6.90
115Chanimal$32,446.27$168.37$6.90
116GuyMat50$6,265.22$167.51$6.90
117Winning-program18$348,890.07$166.00$6.90
118Cspadea$18,908.82$163.22$6.90
119devilunited$15,251.78$157.25$6.90
120RicSc$91,475.71$155.01$6.90
121crypto_upalupa$133,040.28$153.67$6.90
122AlexNevski$9,170.33$149.87$6.90
123diction77$105,941.89$140.56$6.90
124apecollective$25,910.18$135.63$6.90
125debnaro$444,794.26$134.37$6.90
126insignificantschmuck$19,777.06$128.49$6.90
127coinshooot$205,931.93$124.36$6.90
128gammo7$184,673.55$121.18$6.90
129khelbail$186,503.96$118.48$6.90
130bargemang$7,761.60$114.31$6.90
131CroftoonDa$7,666.66$112.91$6.90
132SeanHernan$7,635.62$112.45$6.90
133ClaptonMit$7,533.37$110.95$6.90
134AbbieOrteg$7,509.64$110.60$6.90
135CliffordBr$7,454.86$109.79$6.90
136ArletaMont$7,451.21$109.74$6.90
137clydefinc$7,418.33$109.23$6.90
138HoangNgocv$7,381.83$108.72$6.90
139GeraldSeba$7,339.84$108.10$6.90
140LouiseHans$7,314.27$107.72$6.90
141lehungvuloc$7,151.73$105.28$6.90
142Godisgood$511,724.35$103.64$6.90
143Phanhoatrungj$6,981.97$102.83$6.90
144eleanorlu$6,857.72$100.90$6.90
145nhatduylequang$8,005.63$98.49$6.90
146DeniseSchu$6,675.23$98.31$6.90
147davidsonn$7,843.59$98.11$6.90
148Buiphucphanz$6,627.76$97.61$6.90
149HowardBush$7,932.70$97.59$6.90
150addington$6,571.09$96.71$6.90
151always12oclock$81,288.08$96.24$6.90
152GilmoreFre$7,753.26$96.16$6.90
153DanielBric$7,808.72$96.07$6.90
154SharonDavi$7,783.20$95.75$6.90
155haanhphamthi$6,417.79$94.52$6.90
156ngocvuongknoegy$7,626.40$93.82$6.90
157annieosbo$7,597.23$93.47$6.90
158BeasleyDul$6,339.28$93.36$6.90
159JaydenFors$6,304.59$92.85$6.90
160intuitiveconfession2$8,379.57$92.82$6.90
161expressedupdate220$4,378.97$92.53$6.90
162aarondaniels$7,482.33$92.09$6.90
163chriskib5699$8,369.92$90.25$6.90
164IsaiahGilb$7,321.93$90.08$6.90
165allentill$6,111.05$90.00$6.90
166VickyWilki$7,294.58$89.74$6.90
167CoraViolet$7,249.00$89.18$6.90
168Honamcuongf$7,228.95$88.93$6.90
169HancockJac$5,966.81$87.88$6.90
170osteoF$21,566.81$87.31$6.90
171lytuongthanhtrang$5,908.39$87.02$6.90
172Hoangtuanbinhgiangyd$6,990.11$86.00$6.90
173ShelleyCun$6,929.95$85.26$6.90
174Blejzr$25,934.20$84.36$6.90
175sebastian$6,787.74$83.51$6.90
176gaylepayne$6,747.63$83.01$6.90
177juanlewis$6,743.98$82.97$6.90
178nancyingram$6,656.43$81.93$6.90
179Chill0711$358.59$81.84$6.90
180BankstonFl$6,627.30$81.53$6.90
181lamminhdieulan$6,565.31$80.77$6.90
182jezzawestcoast$551,020.55$80.75$6.90
183eric29$6,183.28$80.61$6.90
184greggilson$6,432.21$79.13$6.90
185kieuthiyen$6,392.10$78.64$6.90
186sunfjower$19,670.29$78.29$6.90
187garciakev$6,255.36$76.96$6.90
188AngelGibso$6,031.11$74.20$6.90
189xjmpaulx$15,872.51$74.08$6.90
190papa4enko$11,219.34$71.94$6.90
191Sapura$259,601.06$71.71$6.90
192repnzscasb$16,156.13$70.13$6.90
193conjuntocripto$190,998.99$69.55$6.90
194pokebar$977.36$69.18$6.90
195NINI$3,901.69$68.66$6.90
196cambray7833$3,845.57$68.19$6.90
197str8defi$11,679.14$67.54$6.90
198vascogala11$2,741.43$66.57$6.90
199Drink73$2,492.04$65.33$6.90
200provocativedrunkard8$1,880.23$64.01$6.90
201biloulasura$5,405.02$63.72$6.90
202Pibby$40,311.68$60.55$6.90
203ajdominic$89,353.46$60.01$6.90
204jundeu00$161,614.62$57.96$6.90
205hardenough$72,871.62$57.27$6.90
206imibase$94,533.33$56.76$6.90
207Dem1310$20,579.95$53.52$6.90
208OSSy$438,444.72$53.45$6.90
209pleasemoney$1,146,785.27$51.87$6.90
210Junkee$3,637.53$50.66$6.90
211libertaphoenix$294,756.73$48.49$6.90
212kongbtc$2,381.35$48.19$6.90
213philosophicalpsychop$97,136.18$48.18$6.90
214Pelasti$8,138.20$47.24$6.90
215mauthanhcong$1,411.05$46.50$6.90
216Hoangminhcongq$3,608.25$43.98$6.90
217Kiswa$1,370.95$43.72$6.90
218derps$9,999.18$40.05$6.90
219marska$38,519.51$39.74$6.90
220Mga1$17,745.01$38.99$6.90
221bombardilo$1,902.74$37.36$6.90
222bertheau$7,801.34$36.30$6.90
223condescendingverb187$185,009.59$35.65$6.90
224tibby$212,192.04$35.50$6.90
225NTC$6,713.73$35.17$6.90
226Maku123$49,931.65$35.10$6.90
227Cutehamster$15,832.21$34.66$6.90
228Forcefulalloy$5,977.13$33.23$6.90
229jlo$20,012.96$32.52$6.90
230lobitok$7,321.41$32.14$6.90
2310xVaha$13,129.06$31.52$6.90
232dijiz$16,035.05$30.89$6.90
233Moustiquezzz$1,213.44$30.33$6.90
234JPS$75,155.26$26.40$6.90
235Chalaye76$2,703.24$25.19$6.90
236menacingdictionary24$1,147.99$24.97$6.90
237abjectanthem343$432.18$24.14$6.90
238dustfinder$44,413.61$22.40$6.90
239daweezy$1,998.10$22.10$6.90
240santan$11,679.34$21.97$6.90
241Zoop$43,030.80$21.65$6.90
242provocativecollectiv$155,475.14$20.86$6.90
243Yepyep$13,875.74$20.68$6.90
244Dallyrasky001$999.69$20.39$6.90
245Vladbm$94,441.45$20.22$6.90
246katexbt$1,645.12$20.01$6.90
247LaZzYx9280$632.20$20.01$6.90
248Ursio$69,889.42$19.50$6.90
249bigo$105.67$18.30$6.90
250michquit$2,503.19$18.02$6.90
251one_two$2,212.88$17.73$6.90
252ettty$10,021.86$17.24$6.90
253heruardian$11,424.64$17.13$6.90
254making101$279.71$16.55$6.90
255aaalex$4,289.45$16.51$6.90
256kukamba11$415.22$16.46$6.90
257chunbokss$1,278.44$16.34$6.90
258Quodlokus$2,990.80$15.77$6.90
2590xlove$9,348.00$15.19$6.90
260excesstransgression7$4,343.88$14.69$6.90
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264Derrrrrrrrick$20,877.63$12.55$6.90
265imhereforrolex$83,434.34$12.22$6.90
266cb111$1,119.17$11.62$6.90
267capitalistfixation78$21,096.84$11.54$6.90
268awestin44$4,894.78$10.94$6.90
269IMON$2,299.71$10.74$6.90
270Cryptic$670.71$10.61$6.90
271layhum643$14,206.94$9.98$6.90
272wildshowpiece380$1,473.79$9.63$6.90
273marvthestarv$1,518.89$9.62$6.90
274sergiodigio300$1,759.22$9.60$6.90
275Warchantpower$778.13$9.52$6.90
276JONNNNNNNNNNNNNNNNN$26,613.95$8.92$6.90
277poko$3,430.84$8.92$6.90
278beefybore827$2,600.95$8.13$6.90
279cuuthaoduy$3,102.12$7.94$6.90
280ilemsjob$9,263.18$7.70$6.90
281decliningwool564$588.83$7.68$6.90
282Rozyuk$1,861.96$7.52$6.90
283Zabulon$1,790.49$7.27$6.90
284infinite$1,612.88$6.91$6.90
285robkorobko$58,019.09$6.89$6.90
286totoes$1,570.34$6.89$6.90
287checking$1,359.29$6.80$6.90
288godeastone$24,738.73$6.60$6.90
289kriptarx$87,812.46$6.46$6.90
290mutlucankurt$8,140.14$6.33$6.90
291scrambledangora227$296.04$6.08$6.90
292blacky75$1,211.84$5.96$6.90
293Svmals$5,037.15$5.81$6.90
294melon130$7,834.91$5.80$6.90
295Boss777t$2,072.18$5.71$6.90
296Citizensdc$2,592.64$5.49$6.90
297hezzy$1,998.44$4.81$6.90
298moskal$193.98$4.66$6.90
299scatteredinnocence35$33,884.77$4.60$6.90
300humanitariancan330$5,456.06$4.47$6.90
301floridmisery642$196.77$4.18$6.90
302sidleo$1,528.31$4.14$6.90
303ruefulscrew880$4,041.15$4.07$6.90
304solace_exe$8,962.42$4.00$6.90
305Swanix$8,715.37$3.88$6.90
306legislativearrival26$2,002.32$3.85$6.90
307Abdulhakeemson$1,684.74$3.71$6.90
3081evilvenom$3,955.06$3.66$6.90
309sagar01$11,155.84$3.65$6.90
310krou$64.72$3.49$6.90
311domedcurmudgeon871$301.60$3.44$6.90
312inowhere$32,780.45$3.43$6.90
313PutChristOn$3,412.86$3.26$6.90
314Aryanbabariya$166.36$3.18$6.90
315SUMNARARARA$9.93$3.14$6.90
316rud1nh0$908.45$3.07$6.90
317sehajm$16,293.92$2.91$6.90
318degenyok$13.87$2.89$6.90
319gomgaun$1,420.23$2.56$6.90
320Edex$5,675.08$2.41$6.90
321infectiousstoplight3$2,535.01$2.39$6.90
322supafast1$3,979.41$2.39$6.90
323Modynix$112.59$2.36$6.90
324confusingexcision300$791.83$2.27$6.90
325ecologicalblasphemer$548.28$2.27$6.90
326FASYQUEEN$1,944.06$2.17$6.90
327hybridsegment119$268.80$2.14$6.90
328subservientfunction7$385.58$2.10$6.90
329Elvhis$241.86$2.04$6.90
330Sunlim$3,039.89$1.86$6.90
331Pentosh1$742.44$1.77$6.90
332prudentmonorail793$385.72$1.76$6.90
333Calommata$299.24$1.76$6.90
334looptop$1,330.06$1.69$6.90
335motomoto$421.65$1.60$6.90
336xaiman$1,706.95$1.50$6.90
337voladores$5,680.17$1.46$6.90
338Kavsss$983.74$1.44$6.90
339Sold$602.71$1.35$6.90
340luke-skywalker$1,764.38$1.22$6.90
341Scooter70$2,412.91$1.14$6.90
342sanjayskwrr$534.88$1.08$6.90
3430xnikosterling$1,549.14$1.07$6.90
344RAMAKANTA2911$127.98$1.06$6.90
345Yaska27$514.85$1.05$6.90
346fuacata$7,935.20$1.00$6.90
347ashcloud$1,273.60$0.87$6.90
348Goblin$1,528.49$0.86$6.90
349778$197.87$0.85$6.90
350Cocodrillo$637.17$0.78$6.90
35150xpdrop$2,236.44$0.76$6.90
352ziggrektt$13.60$0.69$6.90
353tKKtm$1,698.63$0.67$6.90
354artespraticas13$7,112.00$0.61$6.90
355salmanan$20.50$0.58$6.90
356seguro$11,419.98$0.57$6.90
357impassablecontaminan$4,604.22$0.57$6.90
358supremeking$49.03$0.57$6.90
359unforeseenpleasure28$78.72$0.56$6.90
360ihork$547.21$0.53$6.90
361levelsurety163$462.64$0.52$6.90
362privaty011$1,153.19$0.52$6.90
363exclusivepoliceman42$93.01$0.52$6.90
364rudelegion217$10.74$0.51$6.90
365yabgu$277.29$0.51$6.90
366marshymargarita745$702.47$0.51$6.90
367biologicalstrength69$96.93$0.50$6.90
368krak$58.22$0.48$6.90
369formidablebanner888$2,030.29$0.45$6.90
370Irish420$128.09$0.39$6.90
371motivatedallure143$214.74$0.39$6.90
372Midlfielder$695.04$0.38$6.90
373Matar$1,154.10$0.34$6.90
374chanbobpark$547.26$0.32$6.90
375persuasivefraternity$275.43$0.31$6.90
376Shustar604$38.18$0.30$6.90
377ynx13$1,103.61$0.30$6.90
378plannedsolo244$7,259.50$0.28$6.90
379Mihail$2,842.92$0.27$6.90
380genuinearticles$21.07$0.26$6.90
381statedexcise605$1,493.99$0.25$6.90
382rai$53.29$0.25$6.90
383Fermat2$223.52$0.24$6.90
384gaozhen$332.30$0.23$6.90
385Rehoboth08$7,248.92$0.22$6.90
386BITCOIN10M$829.63$0.21$6.90
387empty-handedmussel55$1,408.49$0.20$6.90
388Selem35$1,043.03$0.17$6.90
389gon$79.11$0.16$6.90
390vucko$4,090.11$0.15$6.90
391DaleCooper$20.90$0.15$6.90
392IvanIvan$53.37$0.12$6.90
393Troyse$13,141.68$0.12$6.90
394Gondal$48.58$0.06$6.90
395mynavid733$149.49$0.06$6.90
396ras007$73.36$0.05$6.90
397Elindar$295.23$0.05$6.90
398Dresrtyu$353.31$0.05$6.90
399Papyone$100.72$0.05$6.90
400degenfolife$1,462.65$0.04$6.90
401linkedquack670$63.69$0.04$6.90
402wissum$99.61$0.04$6.90
403auburnmole898$192.10$0.04$6.90
404captnamazing$459.35$0.04$6.90
405effitex$107.42$0.04$6.90
406Elbadawi$25.06$0.02$6.90
407Muhd_anchauu$26.77$0.02$6.90
408retnavyolu$28.88$0.01$6.90
409lookover$69.29$0.01$6.90
410influentialsc$270.33$0.01$6.90
411Zacoshi$20.11$0.00$6.90
425mbain$228.00$0$6.90
424bibigo3$10.36$0$6.90
4220xZhao888$73.48$0$6.90
421Duto_1502$97,887.88$0$6.90
420Terrorpanda$1,858.99$0$6.90
419crispsink333$50,370.00$0$6.90
418opposingheaven329$50,370.00$0$6.90
417wealthqueen$245,228.98$0$6.90
416kurioza$78.93$0$6.90
415Player1Taco$798.35$0$6.90
423angg$13.02$0$6.90
414Mongolak$608.98$0$6.90
4132d76$39,205.40$0$6.90
412Julietta$211.79$0$6.90
427Birchnut$334.63$0$6.90
426Crypto7573$296.03$0$6.90
425mbain$228.00$0$6.90
424bibigo3$10.36$0$6.90
431Alecness$50.66$0$6.90
423angg$13.02$0$6.90
4220xZhao888$73.48$0$6.90
421Duto_1502$97,887.88$0$6.90
420Terrorpanda$1,858.99$0$6.90
419crispsink333$50,370.00$0$6.90
418opposingheaven329$50,370.00$0$6.90
417wealthqueen$245,228.98$0$6.90
439Seed_JupJup$38.36$0$6.90
415Player1Taco$798.35$0$6.90
440year-endjudgment160$28.01$0.00$6.90
441Naruto$366.85$0.00$6.90
442KeepWork$22.10$0.00$6.90
443kshine1015$28.58$0.00$6.90
444asfdf$48.32-$0.01$6.90
445vegetariantreat264$355.29-$0.01$6.90
446micahluo$22.03-$0.01$6.90
447OxGuch$56.97-$0.01$6.90
448invulnerablefalsific$31.18-$0.01$6.90
449radiong$735.03-$0.01$6.90
450niaxee$66.30-$0.01$6.90
451Muby_79$74.48-$0.02$6.90
452kiero$264.56-$0.04$6.90
453holdingstream237$65.00-$0.05$6.90
454subtlebreakin285$9,675.89-$0.05$6.90
455buddha135$754.35-$0.06$6.90
456rossanasalazar06$39.90-$0.10$6.90
457easygoingconverse556$219.59-$0.10$6.90
458snapmareu812$2,422.31-$0.11$6.90
459Clevermike$6,201.33-$0.11$6.90
460widespreadproton141$33.40-$0.11$6.90
461Dogmatikus$128.37-$0.11$6.90
462NikolayS67$19.99-$0.12$6.90
463hosn$93.35-$0.13$6.90
464shinkiro14$401.08-$0.14$6.90
465lasciviousadmission4$97.04-$0.15$6.90
466EASON$376.62-$0.18$6.90
467JihadHenk$21.51-$0.21$6.90
468nscryptos$463.30-$0.22$6.90
469kursatengin$31.13-$0.22$6.90
470waxedbrief435$177.70-$0.24$6.90
471pure99$975.84-$0.24$6.90
472oneway$1,392.66-$0.27$6.90
473xbx$29.88-$0.27$6.90
474FARMARCIS$6,062.50-$0.28$6.90
475kiiiim$22.49-$0.29$6.90
476Bstock$23.53-$0.30$6.90
477unseendeliberation52$21.69-$0.31$6.90
478Gambler$3,412.36-$0.34$6.90
479basedbro$1,048.34-$0.34$6.90
480Axium$40.05-$0.35$6.90
481jonking$40.97-$0.45$6.90
482mrsarasrock$76.03-$0.47$6.90
483maryfllr$139.03-$0.51$6.90
484tinyspoon25$83.52-$0.52$6.90
485Bankey$545.06-$0.55$6.90
486tomas$19.79-$0.66$6.90
487Trastew$58,049.62-$0.72$6.90
488pinchedproportion793$34.39-$0.75$6.90
489eunbida$124.47-$0.76$6.90
490Wildhubbenstein$2,211.02-$0.85$6.90
491Samey2666$931.75-$0.85$6.90
492888marui$795.18-$0.85$6.90
493sophie_3$13,842.25-$0.90$6.90
494obsessivedemocracy17$345.53-$1.03$6.90
495dasun$175.12-$1.04$6.90
496ruoxbt$176.33-$1.06$6.90
497jcry$2,618.82-$1.09$6.90
498bestofme$651.98-$1.10$6.90
499asoboy$137.15-$1.11$6.90
500kryptozip$6,436.23-$1.16$6.90
The top 500 traders win prizes, with bigger payouts concentrated at the top of the leaderboard. See the complete leaderboard and payout structure in the [$1M Contest](https://app.defi.app/contest) tab of the app. ## What Happens Next 1. The contest starts on November 10 at 9:00 AM ET (and ends January 1, 2026 12:00 AM ET). 2. Trade perpetuals on Defi App to enter. 3. Defi App tracks your realized PnL; the leaderboard updates every hour. 4. At the end of the contest, rewards hit wallets within 7 days. [^1]: Profit and Loss [^2]: Externally Owned Account # Bonus Tokens for Degen Arena Season 1 ## Eligibility Requirements To be eligible for bonus tokens, you must have received $HOME tokens in the Degen Arena Season 1 airdrop. {% hint style="warning" %} This bonus is only available at the moment of claiming the Season 1 airdrop. {% endhint %} *** ## Bonus Token Program As a Season 1 $HOME airdrop recipient, you can choose to lock your airdropped tokens for bonus tokens, matched up to 100%. If you choose to lock less than 100%, the amount of bonus $HOME you receive will decrease. * Qualification: Must match or exceed previous season's XP in current season. * Distribution: Bonus tokens unlock weekly on Thursdays based on the ratio of Season 2 XP you earn to your Season 1 XP. For example, if you earned 10 XP your first week of staking and you had 100 XP in season 1, you will unlock 10% of your bonus $HOME that week. {% hint style="warning" %} You must[ claim your HOME tokens](#claimyour-bonus-home). At the end of Season 2, unclaimed bonus tokens will be forfeited and returned to the community fund. {% endhint %} ### Maximum Bonus by Stake Duration As a season 1 $HOME recipient, you have the choice to lock those tokens for bonus tokens, matched up to 100%, depending on the staking duration. | Stake Period | Maximum Bonus (100% staked) | | ------------ | --------------------------- | | 3-Month | 15% | | 6-Month | 35% | | 9-Month | 70% | | 12-Month | 100% | *** ## Claim Your Bonus $HOME To claim your **bonus** $HOME: {% stepper %} {% step %} ### Choose to stake your Season 1 airdropped tokens. Earn bonus tokens by staking your airdropped tokens. If you choose not to stake, you won't earn bonus tokens on top of your airdrop. {% endstep %} {% step %} ### Choose an amount to stake. Move the slider up and down to view your bonus $HOME tokens at various staking amounts, from 0 up to 100% of your airdropped $HOME. ![](https://lh7-rt.googleusercontent.com/docsz/AD_4nXfQvg1E8WZejIrezUej_fZLvCNWRhJRwuSRQK2BQUOAM06jQTezIGBP3A2V60ZCXuDikzy3cs8nHrF70WYBT3TUDuu1T0WkXZ7flHH5Yv9HVUeHNA1RlgSt8AW98-3vm9x5mF2plw?key=jGRSXXSi9CWMVBaiXBAOKg) {% endstep %} {% step %} ### Click Claim & Stake HOME. A confirmation modal appears. ![](https://lh7-rt.googleusercontent.com/docsz/AD_4nXeNkayCckyfvtK8xrVtP6Sap-WlKgSXGPoTuF8P8m8H-H6YHA7HaWjbO7taj_Kg2opVucDjEsLXe3ethImX1ycfrWr5CgVcrIVGvA2lPr_6knMMR24W1RBAZl0Lp-oUK_HdWwrQsA?key=jGRSXXSi9CWMVBaiXBAOKg) {% endstep %} {% step %} ### Review and confirm. Review the summary of your staking activity. Note that your $HOME will unlock after your chosen staking period ends. You're done! {% endstep %} {% endstepper %} # Audits Expert third-party reviews of Defi App features Defi App encourages and facilitates the independent review of Defi App features and security. Read reports by various audit groups in the [Defi App Audits](https://github.com/defi-app/defi-app-audits) GitHub repository. *** ## $HOME Token MiCAR Compliance *Defi App, June 2025* Defi App published a MiCAR[^1]-compliant whitepaper for the $HOME token, outlining its governance-focused design and plans for European Union (EU) exchange listings. The document confirms the token's lack of financial rights, use of Ethereum and Base networks, and compliance with common crypto standards. It identifies risks across trading, protocol operations, and technical infrastructure, and describes mitigation strategies for those risks. It confirms that energy consumption is in line with environmental standards. [Read the report](https://github.com/defi-app/defi-app-audits/blob/main/TOKEN.WHITEPAPER.MiCAR-2025-06-05.pdf) on GitHub. *** ## Smart Contracts Security *Cantina, March 2025* [Cantina](https://cantina.xyz/welcome) conducted a security review of Defi App's smart contracts, finding opportunities to improve access controls, staking logic consistency, and reward distribution safeguards to better protect against gas abuse, accounting errors, and unauthorized actions. [Read the report](https://github.com/defi-app/defi-app-audits/blob/main/SC.CANTINA-2025-03-27.pdf) on GitHub. {% hint style="success" %} All issues have been addressed. {% endhint %} *** ## Web App Security *Halborn, February 2025* [Halborn](https://www.halborn.com/) conducted a security review of Defi App's web application, finding opportunities to improve session handling, security header enforcement, environment isolation, and secret management practices across the web application stack. [Read the report](https://github.com/defi-app/defi-app-audits/blob/main/WEBAPP.HALBORN-2025.06.03.pdf) on GitHub. {% hint style="success" %} All critical issues have been addressed, with remediation planned for outstanding issues in upcoming releases. {% endhint %} *** ## Airdrop Smart Contracts Security *Pashov Audit Group, April 2025* [Pashov Audit Group](https://www.pashov.net/) conducted a security review of Defi App's airdrop smart contracts, finding opportunities to improve the consistency and resilience of claim logic, tighten validation on time-related parameters, and enforce stricter rules around administrative controls. [Read the report](https://github.com/defi-app/defi-app-audits/blob/main/AIRDROP.PASHOV-2025.04.09.pdf) on GitHub. {% hint style="success" %} All issues have been addressed. {% endhint %} *** ## Infrastructure Best Practices *Sela, January 2025* [Sela](https://selacloud.com/support/architecture-review) conducted a comprehensive review of Defi App's infrastructure, finding opportunities to improve workload isolation, IAM governance, cost optimization practices, and deployment reliability. [Read the report](https://github.com/defi-app/defi-app-audits/blob/main/INFRA.SELA-2025.01.15.pdf) on GitHub. {% hint style="success" %} All critical issues have been addressed, with remediation planned for outstanding issues in upcoming releases. {% endhint %} [^1]: Markets in Crypto-Assets Regulation # Supported Tokens & Networks ## Supported Tokens **Defi App** provides comprehensive support for a wide range of tokens, ensuring users can trade, monitor, and manage their assets efficiently. Our token support combines data reliability with the flexibility to handle emerging tokens, leveraging the power of two robust data providers: **CoinGecko** and **Codex**. ### CoinGecko CoinGecko is the largest independent crypto data aggregator, covering over 15,000 tokens and integrating with more than 1,000 crypto exchanges. Its RESTful JSON API provides comprehensive and reliable market data, including prices, charts, and market stats. {% hint style="info" %} Learn more: [CoinGecko API Documentation](https://docs.coingecko.com/reference/introduction) {% endhint %} ### Codex For tokens not yet supported by CoinGecko, Defi App uses **Codex.io** as a fallback. Codex automatically lists tokens when liquidity is added to their trading pairs, making it a cutting-edge solution for newly launched or small-market-cap coins. The platform provides detailed metadata, price data, and advanced search tools to ensure support for even the most niche tokens. {% hint style="info" %} Learn more: [Codex API Documentation](https://docs.codex.io/reference/) {% endhint %} ### Dynamic Routing Between Providers Defi App intelligently routes requests between CoinGecko and Codex based on token availability: * **Established Tokens**: Prices and charts are retrieved from CoinGecko for reliability and comprehensive data coverage. * **Emerging Tokens**: Codex provides rapid support for new or smaller market-cap tokens, ensuring users can access trading data for the latest assets. *** ## Networks Defi App supports a growing range of networks to ensure users have flexibility and access to the best DeFi opportunities. Our platform is designed to work seamlessly across these chains, but it’s important to understand some key distinctions and considerations. ### Supported Networks * **Ethereum** * **Arbitrum** * **BNB Chain** * **Base** * **Solana** * **Sonic** ### **EVM Chains vs. Solana** Most of the networks supported by Defi App—Ethereum, Arbitrum, BNB Chain, and Base—are **EVM-compatible chains**. This means they follow the Ethereum Virtual Machine (EVM) standard, enabling interoperability with Ethereum-based tools and applications. **Solana**, on the other hand, operates on a completely different architecture. While Solana offers unique advantages like lower fees and faster transaction times, it is **not EVM-compatible**, meaning it requires its own infrastructure and integration within Defi App. ### **A Note About Ethereum Usage** While Ethereum is supported on Defi App, it is generally not recommended for most users due to the high costs associated with operating on this network. Here’s why: 1. **Smart Account Costs** Using Defi App's smart accounts on Ethereum involves significant computational overhead, leading to high costs even for simple transactions. 2. **Swapping Costs** Swapping tokens on Ethereum can be prohibitively expensive due to gas fees. Although Defi App sponsors gas costs on many networks, Ethereum's fees often make this unsustainable. To optimize your experience, we recommend prioritizing **Arbitrum, BNB Chain, Base, or Solana**, as they offer much lower fees and faster transaction times. # Smart Accounts Defi App implements **Smart Accounts** (aka “account abstraction”) to simplify and secure the DeFi user experience. Account abstraction (EIP-4337 on EVM), came from the idea of separating the verification mechanism from the transaction inclusion mechanism on Ethereum. Separating or abstracting these two mechanisms allows for several key improvements in user experience including: sponsoring of gas costs, gas payments in ERC20 tokens, and support for alternative verification mechanisms beyond ECDSA. Rather than directly managing private keys and gas fees on multiple chains, users leverage embedded smart accounts that handle gas, bridging, and signing under the hood. This approach significantly reduces technical friction—especially for newcomers—and provides seamless cross-chain transactions without manually juggling wallets or bridging tokens. *** ## Primary Integrations ### Dynamic A wallet connector layer (similar to WalletConnect) that handles social logins, whitelisting, and frictionless signup flows. Under the hood, it integrates with **Turnkey** to generate and manage the user’s “signer” keys. ### Turnkey Our secure key management partner that provides the signing capabilities on both Solana and EVM. * For **Solana**, Turnkey holds the user’s actual wallet (where the user’s funds live). * For **EVM**, Turnkey manages a signer key, but the user’s funds themselves live in a smart contract wallet. *** ## How It Works ### Architectural Differences Between Solana & EVM #### Solana * One Turnkey wallet that directly holds the user’s SOL and Solana Program tokens. * This wallet also controls bridging to or from Solana if needed. * Gas fees (SOL) on Solana can be similarly abstracted or subsidized. #### EVM * Turnkey acts purely as a **signer**, not a direct asset-holding wallet. * A Defi App smart contract wallet is what actually stores user assets on EVM. * This means if you export your private key and import it into MetaMask, you’ll see an empty EOA because the funds live in the EIP-4337 contract, not in the EOA itself. ### Gas Abstraction Defi App sponsors, or abstracts, these fees entirely, so users can seamlessly swap or interact with DeFi protocols without ever holding the chain’s gas token. #### **Solana** Handled via custom paymaster logic. The fee is quoted in the user transaction, sponsored by our paymaster. #### **EVM** Because EIP-4337 allows for paying gas in any token, users don’t need native ETH (or BNB, etc.) to transact. The gas is sponsored by Defi App transaction fees. ### Onboarding With Email or Social Login 1. User signs up on Defi App using an email address or a supported social login (e.g. Google). 2. Under the hood, Dynamic provisions two “embedded wallets” for the user: * **Solana Wallet** (Turnkey): Holds the user’s Solana-based assets in a single Turnkey-managed wallet. * **EVM Signer** (Turnkey) + **Defi App Smart Account**: * Turnkey generates an EVM signer key for the user (this key does NOT hold funds). * The user’s *actual* EVM funds go into a Defi App smart account, which is controlled by the Turnkey signer key. ### Exporting or Viewing Your Keys Within Defi App, users can export their “signer key” if they desire advanced usage (e.g., import into MetaMask or Phantom). As per above, on EVM, since the Defi App smart contract is the actual vault, you won’t see your token balances in a standard EOA wallet. On Solana, your Turnkey wallet **does** hold funds, so importing the key into Phantom should show balances. # Intent-Based Swaps & Execution Defi App employs an intent-based transaction model, enabling users to specify desired outcomes (e.g., “Swap 1 ETH for USDC at best route”) without manually selecting bridges or liquidity pools. This approach abstracts away complex routing decisions, improving user experience and execution efficiency. Our transaction aggregator dynamically discovers the optimal liquidity sources across multiple chains and protocols, leveraging off-chain order flow to streamline execution.
## How It Works Instead of executing transactions directly through on-chain liquidity sources, Defi App’s intent-based model delegates execution to solvers (also called relayers). Solvers determine the best possible route for a swap based on liquidity conditions, gas fees, and execution probability. *** ## Supported Exchanges Defi App allows swap execution using the following exchanges: * 0x * 1inch * Bebop * DeBridge * DODO * Enso * Jupiter * Odos * OpenOcean * Paraswap * Relay * Stable *** ## Advantages **Optimized Routing:** Off-chain solvers select the best execution path dynamically. **Improved Reliability:** Users don’t need to worry about API failures or liquidity fragmentation. **Gas Efficiency:** Some intent-based swaps, such as 1inch Fusion, offer gas-free execution. # Security Features & Integrations Defi App integrates multiple services designed to prevent attacks and catch malicious behavior before it impacts users. *** ### Socket.dev Socket.dev continuously scans DeFi App's GitHub repositories. It inspects npm dependencies and updates, verifies package integrity by checking published hashes, and flags potential supply chain risks. It protects against supply chain attacks that target third-party dependencies. To learn more, see [Socket.dev](https://socket.dev/). *** ### Blockaid DeFi App uses a multisignature wallet setup where Blockaid functions as a co-signer. Blockaid scans transaction metadata, methods, and logs to detect anomalies like interactions with flagged addresses or malicious functions. This behavioral analysis protects against unauthorized transfers or compromised signers. To learn more, see [Blockaid.io](https://www.blockaid.io/). *** # Solana Transaction (TX) Modes On Solana, selecting between **Auto**, **Jito**, and **Classic** transaction (TX) modes determines how your transactions are processed, particularly concerning speed, reliability, and protection against [MEV ](#user-content-fn-1)[^1]strategies. *** ## What is Jito? **Jito** is an advanced Solana validator client developed by [Jito Labs](https://www.jito.wtf/), designed to optimize MEV handling. Using Jito, users can submit bundles of transactions that are executed atomically, in order. This means all transactions in a bundle either succeed together or fail together, ensuring consistency and predictability for complex operations. To incentivize validators, users attach a **tip** (an additional fee) to their bundles, which are then prioritized based on these tips. This TX mode is useful for precise transaction ordering and execution. *** ## Transaction Modes * **Auto**: This mode automatically selects the optimal transaction path based on current network conditions. It may choose between Jito or Classic modes to balance speed, cost, and reliability. * **Jito**: This mode routes your transactions through Jito-enabled validators, leveraging the bundling and tipping system. It's useful for scenarios where atomic execution and transaction sequence are important. * **Classic**: This traditional mode sends transactions through the standard Solana network, without the enhancements provided by Jito. It's suitable for straightforward transactions where advanced MEV protection and bundling are unnecessary. Configure your transaction strategy on Solana based on your use case, optimizing for speed, reliability, and protection against MEV-related issues. If you aren't sure which mode to use, select **Auto**. [^1]: Maximum Extractable Value # AI Orchestration {% hint style="warning" %} **Disclaimer:** The features and architecture described here are conceptual and remain under active development. All information is provided for preliminary, informational purposes only and is subject to change without notice as the project evolves. None of the contents herein should be construed as a commitment or guarantee of functionality, timelines, or performance. Use and reliance on this information is at your own risk. {% endhint %} **Jarvis** is Defi App’s custom AI trading agent that continuously monitors your portfolio and executes real-time strategies to help you manage risk and capitalize on opportunities. It harnesses a sophisticated stack combining off-chain machine learning models, advanced data feeds, and on-chain execution automation—making it the ultimate hands-off portfolio manager. ## Under the Hood Jarvis employs advanced language and machine learning models, fused with real-time market data, news feeds, and social sentiment APIs. By combining structured data (e.g., price feeds, on-chain analytics) with unstructured signals (e.g., news headlines, trending social posts), Jarvis can: * Detect major price moves or fundamental changes in real time. * Identify high-probability opportunities for limit orders, rebalancing, or yield optimization. * Evaluate correlations and sentiment shifts across multiple chains. * Trigger portfolio changes at any time, day or night. ### **Multi-Chain Execution Layer** Once Jarvis decides to act, the system relays instructions to Defi App’s multi-chain aggregator and smart account infrastructure. This means: * **Immediate Trading**: Jarvis places limit orders, stop orders, or direct swaps on your behalf without bridging or manual gas fees. The aggregator automatically sources liquidity across multiple chains. * **Portfolio Rebalancing**: If Jarvis sees you’re overly exposed to a single asset, it can dynamically reallocate your holdings into different tokens, stablecoins, or yield strategies. * **Event-Driven Moves**: If major news drops or a protocol risk spikes, Jarvis can exit positions or deploy capital into safer options in seconds. ### **Smart Account & Automation** Defi App’s smart account approach streamlines these transactions: * **Gas Abstraction**: Jarvis can operate 24/7 without you needing to manage gas tokens. * **Batch Transactions**: One instruction can bundle bridging, swapping, and staking so you don’t have to. * **Permissioned Access**: You define Jarvis’s boundaries—like daily trading limits, whitelisted protocols, or maximum leverage. Jarvis never goes beyond these parameters. ### **Risk & Strategy Modules** Jarvis comes pre-loaded with configurable modules that tailor to your risk profile: 1. **News-Based Trading** – Pivot between bullish or bearish positions based on curated data feeds. 2. **Stop & Limit Orders** – Auto-place stop losses, trailing stops, or limit buys/sells. 3. **Cross-Chain Yield Optimization** – For idle capital, Jarvis automatically stakes in top yield strategies. 4. **Rebalancing** – If you become overweight in one asset, Jarvis redistributes holdings. 5. **Custom Alerts & Mute Periods** – You can schedule times Jarvis should pause or only notify you. ## Activating Jarvis on Your Account 1. **Enable Jarvis**: Head to the “Jarvis” tab in your Defi App dashboard. 2. **Configure Risk Parameters**: Set your daily notional limit, define acceptable leverage, and choose which protocols or assets Jarvis can access. 3. **Review & Confirm**: Jarvis summarizes the strategies it’s authorized to run. 4. **Live 24/7**: Once enabled, Jarvis continuously oversees your portfolio, adjusting positions and seizing new opportunities the moment they arise.
# Glossary This section is designed as a quick reference guide to help you understand some of the common [DeFi ](#user-content-fn-1)[^1]terms used throughout Defi App. ## **DeFi Terms & Concepts (A-Z)** {% hint style="info" %} To quickly look up a term, use the table of contents on the right of the page or search with Ctrl/ Cmd + F. {% endhint %} ### Account Abstraction The concept of managing wallets using simplified methods like an email and passkey instead of traditional private keys. ### AMM (Automated Market Maker) A type of decentralized exchange (DEX) protocol that relies on liquidity pools to allow users to swap tokens without the need for an order book or centralized party. ### Bridging The process of transferring tokens or data from one blockchain to another, often necessary for cross-chain compatibility. ### Cross-Chain Swap The process of exchanging tokens between different blockchain networks (e.g., Ethereum to Solana) without manual bridging. ### Custodial Wallet A wallet where a third party, such as an exchange, holds the private keys on behalf of the user, giving them control over your funds. ### dApp (Decentralized Application) An application that operates on a blockchain, utilizing smart contracts to run without a central authority. ### Decentralized Exchange (DEX) A platform for trading cryptocurrencies without intermediaries, where users maintain control of their funds throughout the transaction. ### EVM (Ethereum Virtual Machine) The environment in which all Ethereum (and compatible chain) smart contracts run, allowing decentralized applications to function consistently. ### Fiat Government-issued currency like USD, EUR, or JPY that has value because of government backing, as opposed to cryptocurrencies. ### Gas Fees The costs required to conduct transactions on the blockchain, managed automatically by Defi App to simplify the user experience. ### Liquidity Pool A pool of tokens locked in a smart contract that provides liquidity for decentralized trading, lending, or other activities. ### Non-Custodial Wallet A wallet where only the user has control of the private keys, ensuring complete control over their funds without relying on a third party. ### Onramp/Offramp The process of converting fiat money to crypto (onramp) or crypto to fiat (offramp). Defi App simplifies both processes for ease of use. ### Private Key A secret number used to access and manage your cryptocurrency. If someone else has your private key, they have control of your funds. ### Slippage The difference between the expected price of a trade and the actual price at which the trade is executed, often due to volatility or low liquidity. ### Solana A high-speed, low-cost blockchain supported by Defi App for cross-chain functionality alongside Ethereum-based networks. ### Stablecoin A type of cryptocurrency designed to maintain a stable value, usually pegged to a fiat currency like the USD. ### Swap Aggregation The concept of combining swap options from different decentralized exchanges to provide users with the best rates available. ### Wallet Aggregation The concept of managing multiple wallets from different blockchains within a single interface, simplifying the user experience. ### Yield Farming The process of earning rewards, typically in the form of tokens, by providing liquidity or staking assets in a DeFi protocol. *** #### **Need More Information?** If there's any term you're still unsure about, read through the documentation on that topic for more in-depth explanations, or contact our support team for additional help. [^1]: decentralized finance # Terms of Service Updated Jan 1, 2025 Please read these Terms of Service (the “**Terms**”) carefully because they govern your use of the website located at [www.defi.app](http://www.defi.app) the “**Site**”) and DeFi services accessible via the Site and corresponding application (“**App**”) offered by Big Bang Studio (the “**Company**”, “**we**”, “**us**” or “**our**”). The App facilitates access to the Defi App Protocol, which we do not own or control (the “**Protocol**”). The Protocol is a community-driven set of blockchain-based smart contracts and tools that enable certain users to access transactions and products on certain other decentralized finance protocols that the Company does not control. To make these Terms easier to read, the Site, App, and our services are collectively called the “**Interface**.” **NOTICE ON PROHIBITED USE – RESTRICTED PERSONS** THE INTERFACE AND ANY RELATED SERVICES ARE NOT OFFERED TO AND MAY NOT BE USED BY: PERSONS OR ENTITIES WHO RESIDE IN, ARE CITIZENS OF, ARE LOCATED IN, ARE INCORPORATED IN, OR HAVE A REGISTERED OFFICE IN ANY RESTRICTED TERRITORY, AS DEFINED BELOW (EACH SUCH PERSON OR ENTITY FROM A RESTRICTED TERRITORY, A “**RESTRICTED PERSON**”). WE DO NOT MAKE EXCEPTIONS. THEREFORE, IF YOU ARE A RESTRICTED PERSON, THEN DO NOT ATTEMPT TO USE THE INTERFACE OR ANY RELATED SERVICES. USE OF A VIRTUAL PRIVATE NETWORK (“**VPN**”) OR ANY OTHER SIMILAR MEANS INTENDED TO CIRCUMVENT THE RESTRICTIONS SET FORTH HEREIN IS PROHIBITED. **WHEN YOU AGREE TO THESE TERMS, YOU ARE AGREEING (WITH LIMITED EXCEPTION) TO RESOLVE ANY DISPUTE BETWEEN YOU AND THE COMPANY THROUGH BINDING, INDIVIDUAL ARBITRATION RATHER THAN IN COURT. PLEASE REVIEW CAREFULLY SECTION 16 (DISPUTE RESOLUTION) BELOW FOR DETAILS REGARDING ARBITRATION. HOWEVER, IF YOU ARE A RESIDENT OF A JURISDICTION WHERE APPLICABLE LAW PROHIBITS ARBITRATION OF DISPUTES, THE AGREEMENT TO ARBITRATE IN SECTION 16 WILL NOT APPLY TO YOU BUT THE PROVISIONS OF SECTION 15 (GOVERNING LAW AND FORUM CHOICE) WILL APPLY INSTEAD.** ### 1. Agreement to Terms By using our Interface, you agree to be bound by these Terms. If you don’t agree to be bound by these Terms, then you must not use the Interface. Notwithstanding the foregoing, the laws of some jurisdictions may limit or not permit certain provisions of this agreement, such as indemnification, the exclusion of certain warranties or the limitation of liability. In such a case, such provisions will apply only to the maximum extent permitted by the laws of such jurisdictions. Also, you may have additional legal rights in your jurisdiction, and nothing in these terms will prejudice such rights that you may have as a consumer of the Interface under such applicable law. ### 2. Changes to these Terms or the Interface We may update these Terms from time to time in our sole discretion. If we do, we’ll let you know by posting the updated Terms on the Interface and/or may also send other communications. It’s important that you review these Terms whenever we update them or you use the Interface. If you continue to use the Interface after we have posted updated Terms, it means that you accept and agree to the changes. If you don’t agree to be bound by the changes, you may not use the Interface anymore. Because our Interface is evolving over time, we may change or discontinue all or any part of the Interface, at any time and without notice, at our sole discretion. ### 3. Who May Use the Interface? You may use the Interface only if you are at least 18 years of age (or such other minimum age at which you can provide consent to data processing under the laws of your territory), and not otherwise barred from using the Interface under applicable law. In order to protect the integrity of the Interface, we reserve the right, at any time, in our sole discretion, to block access to the Interface from certain IP addresses and unique device identifiers. For the purposes of these Terms, “Restricted Territory” means of Algeria, Bangladesh, Bolivia, Belarus, Burundi, Burma (Myanmar), Cote D'Ivoire (Ivory Coast), Crimea and Sevastopol, Cuba, Democratic Republic of Congo, Ecuador, Iran, Iraq, Liberia, Libya, Mali, Morocco, Nepal, North Korea, Somalia, Sudan, Syria, Venezuela, Yemen, Zimbabwe or any other country to which Canada, Panama, the United States, the United Kingdom or the European Union embargoes goods or imposes similar sanctions. ### 4. About the Interface #### a. Interface The Interface provides Users with access to the Protocol, which is a fully decentralized, non-custodial, community-governed lending protocol deployed on multiple blockchain networks and systems, and provides information about the Company’s ecosystem, governance, community, and various interfaces and integrations to the Interface. All information provided in connection with your access and use of the Interface is for informational purposes only. You should not take, or refrain from taking, any action based on any information contained on the Site or any other information that we make available at any time, including blog posts, data, articles, links to third-party content, Discord content, news feeds, tutorials, tweets, and videos. Before you make any financial, legal, technical, or other decisions involving the Interface, you should seek independent professional advice from a licensed and qualified individual in the area for which such advice would be appropriate. Because the Interface provides information about the Protocol, these Terms also provide some information about the use of the Protocol. This information is not intended to be comprehensive or address all aspects of the Protocol. #### b. Our Relationship You acknowledge and agree that the Company is an online platform provider and not a broker-dealer or a Lender. The Company does not direct or control the day-to-day activities of the users accessing the Site. Neither we nor any affiliated entity is a party to any transaction on the blockchain networks underlying the Protocol; we do not have possession, custody or control over any cryptoassets appearing on the Interface; and we do not have possession, custody, or control over any User’s funds or cryptoassets. Further, we do not store, send, or receive any funds or cryptoassets. You understand that when you interact with any Protocol smart contracts, you retain control over your cryptoassets at all times. The private key associated with the wallet address from which you transfer cryptoassets or the private key associated is the only private key that can control the cryptoassets you transfer into the smart contracts. You alone are responsible for securing your private keys. We do not have access to your private keys. Due to the non-custodial and decentralized nature of the technology, we are not intermediaries, agents, advisors, or custodians, and we do not have a fiduciary relationship or obligation to you regarding any other decisions or activities that you affect when using our Interface. You acknowledge that we, for the avoidance of doubt, do not have any information regarding any Users, Users’ identities, or services beyond what is available or obtainable publicly via the blockchain. We are not responsible for any activities you engage in when using the Interface, and you should understand the risks associated with cryptoassets, cryptoassets, blockchain technology generally, and the Interface.\ The software underlying blockchain networks on which the Protocol is deployed is open source, which means that anyone can use, utilize, and build on top of it. By using the Interface, you acknowledge and agree (i) that we are not responsible for the operation of the blockchain-based software and networks underlying the Protocol, (ii) that there exists no guarantee of the functionality, security, or availability of that software and networks, and (iii) that the underlying blockchain-based networks are subject to sudden changes in operating rules, such as those commonly referred to as “forks”. #### c. Fees There may be associated fees in connection with transactions enacted on a blockchain. All transactions using blockchains require the payment of gas fees, which are essentially transaction fees paid on every transaction that occurs on the selected blockchain network. Please note that gas fees are non-refundable. #### d. Points Program We may offer promotions or rewards programs from time to time (**“Points Program”**). We reserve the right to alter, change, and/or terminate a Points Program, at any time and for any reason, which may result in the cancellation of unredeemed rewards, points, or other such benefits, upon written (including electronic) notice or publication to you. Each Points Program is subject to additional terms that will be made available to eligible participants upon the launch of the Points Program. Such terms are subject to these Terms. In addition, we reserve the right to immediately disqualify you from the Points Program if you have violated this Agreement or if you have, in our determination, misused the Points Program. Participants in the Points Program expressly agree that use of the Points Program is at the participant's sole risk. The Points Program and all services offered in connection therewith are provided on a strictly “as is” and “as available” basis. **We make no warranty** (1) with regard to any rewards or points obtained by participants through the Program; (2) that the Points Program or any points delivered in connection with the Points Program will meet participants' requirements or have any value; (3) that the Points Program will be uninterrupted, timely, or error-free; or (4) as to the results that may be obtained from the use of the Points Program or any services delivered in connection with the Program or as to the accuracy or reliability of any information obtained by the participant. **We disclaim any and all express and implied warranties**, including, but not limited to, the implied warranties of merchantability, fitness for a particular purpose, and non-infringement. #### e. Communication from the Interface You may elect to receive emails or other communications from the Company in connection with the Interface. If you elect receive communications in connection with your cryptoassets, you agree and acknowledge that the Company is under no obligation to send any emails or communicate with you regarding such cryptoassets and that the Company will not be responsible or liable to you for any loss and takes no responsibility for and will not be liable to you for in the case of failure of such email or communication. #### f. Disputes Between Users The Company is not a party to any relationship in the delivery or completion of transactions between users of the Site. In the event that you have a dispute with any user of the Site, you agree to address such dispute directly with such user. If permitted in your jurisdiction, you release the Company (and the Company’s officers, directors, agents, investors, subsidiaries, and employees) (collectively “Releasees”) from, and covenant not to sue Releasees for any and all claims, demands, or damages (actual or consequential) of any kind and nature, known and unknown, suspected and unsuspected, disclosed and undisclosed, arising out of or in any way connected with such dispute. #### g. Regulatory and Compliance Suspensions or Terminations We may suspend or terminate your access to the Interface at any time in connection with any transaction as required by applicable law, any governmental authority, or if we in our sole and reasonable discretion determine you are violating these Terms or the terms of any third-party service provider. Such suspension or termination shall not be constituted a breach of these Terms by the Company. In accordance with its anti-money laundering, anti-terrorism, anti-fraud, and other compliance policies and practices, we may impose reasonable limitations and controls on the ability of you or any beneficiary to utilize the Interface. Such limitations may include, where good cause exists, rejecting transaction requests, freezing funds, or otherwise restricting you from using the Interface. ### 5. Intellectual Property #### 5.1 Intellectual Property We exclusively own all right, title and interest in and to the Interface and any content made available through the Site, including all associated intellectual property rights. You acknowledge that the Interface and content are protected by copyright, trademark, and other laws. You agree not to remove, alter or obscure any copyright, trademark, service mark or other proprietary rights notices incorporated in or accompanying the Interface and content. Subject to your compliance with these Terms, we grant you a limited, non-exclusive, non-transferable, revocable right to access and use the Interface and content made available to you, solely for your non-commercial purposes. #### **5.2 Eligibility Criteria** The Points Program is open to participants over the age of eighteen (18) who do not reside in Restricted Territories, are not Restricted Persons and who meet all other eligibility criteria necessary for participation, as communicated and determined by the Company, in its sole discretion. #### **5.3** **About Airdrops** a. These Terms govern your participation in any airdrop of $HOME (the “**Airdrop**”) offered by the Company in connection with the Points Program. b. By participating in the Airdrop, you can claim $HOME. c. You may participate in the Airdrop by linking your digital wallet as described in these Terms. d. You agree to pay any applicable fees, including without limitation any fees that fund the network of computers that run the decentralized blockchain network (colloquially known as “gas fees”), in connection with the Airdrop and/or your transactions on the Site. e. You are solely responsible for all costs incurred by you in using the Airdrop, and for determining, collecting, reporting, and paying all applicable Taxes that you may be required by law to collect and remit to any governmental or regulatory agencies. As used herein, “**Taxes**” means the taxes, duties, levies, tariffs, and other charges imposed by any federal, state, multinational or local governmental or regulatory authority. You are solely responsible for maintaining all relevant Tax records and complying with any reporting requirements you may have as related to our Airdrop. You are further solely responsible for independently maintaining the accuracy of any record submitted to any tax authority including any information derived from the Airdrop. We reserve the right to report any activity occurring using the Airdrop to relevant tax authorities as required under applicable law. ### 6. Feedback We appreciate feedback, comments, ideas, proposals and suggestions for improvements to the Interface (“Feedback”). If you choose to submit Feedback, you agree that we are free to use it (and permit others to use it) without any restriction or compensation to you. ### 7. General Prohibitions and the Company’s Enforcement Rights You agree not to do any of the following: a. Post, upload, publish, submit or transmit any content that: (i) infringes, misappropriates or violates a third party’s patent, copyright, trademark, trade secret, moral rights or other intellectual property rights, or rights of publicity or privacy; (ii) violates, or encourages any conduct that would violate, any applicable law or regulation or would give rise to civil liability; (iii) is fraudulent, false, misleading or deceptive; (iv) is defamatory, obscene, pornographic, vulgar or offensive; (v) promotes discrimination, bigotry, racism, hatred, harassment or harm against any individual or group; (vi) is violent or threatening or promotes violence or actions that are threatening to any person or entity; or (vii) promotes illegal or harmful activities or substances; b. Use, display, mirror or frame the Interface or any individual element within the Interface, the Company’s name, any Company trademark, logo or other proprietary information, or the layout and design of any page or form contained on a page, without the Company’s express written consent; c. Access, tamper with, or use non-public areas of the Interface, the Company’s computer systems, or the technical delivery systems of the Company’s providers; d. Attempt to probe, scan or test the vulnerability of any Company system or network or breach any security or authentication measures; e. Avoid, bypass, remove, deactivate, impair, descramble or otherwise circumvent any technological measure implemented by the Company or any of the Company’s providers or any other third party (including another user) to protect the Interface; f. Attempt to access or search the Interface or download content from the Interface using any engine, software, tool, agent, device or mechanism (including spiders, robots, crawlers, data mining tools or the like) other than the software and/or search agents provided by the Company or other generally available third-party web browsers; g. Send any unsolicited or unauthorized advertising, promotional materials, email, junk mail, spam, chain letters or other form of solicitation; h. Use any meta tags or other hidden text or metadata utilizing Company trademark, logo URL or product name without the Company’s express written consent; i. Use the Interface, or any portion thereof, for any commercial purpose or for the benefit of any third party or in any manner not permitted by these Terms; j. Forge any TCP/IP packet header or any part of the header information in any email or newsgroup posting, or in any way use the Interface to send altered, deceptive or false source-identifying information; k. Attempt to decipher, decompile, disassemble or reverse engineer any of the software used to provide the Interface; l. Interfere with, or attempt to interfere with, the access of any user, host or network, including, without limitation, sending a virus, overloading, flooding, spamming, or mail-bombing the Interface; m. Collect or store any personally identifiable information from the Interface from other users of the Interface without their express permission; n. Impersonate or misrepresent your affiliation with any person or entity; o. Use DEFI for capital raising purposes (“Capital Raising”). Capital Raising is defined as receiving funds from the sale of DEFI, where the primary purpose of the sale of DEFI is to raise capital for you or another party. You acknowledge that any DEFI you receive is solely for use within the Protocol or the Interface and not for speculative purposes; p. Violate any applicable law, rule, or regulation concerning the integrity of trading markets, including (but not limited to) the manipulative tactics commonly known as spoofing and wash trading; q. Violate any applicable law or regulation; or r. Encourage or enable any other individual to do any of the foregoing. The Company is not obligated to monitor access to or use of the Interface or to review or edit any content. However, we have the right to do so for the purpose of operating the Interface, to ensure compliance with these Terms and to comply with applicable law or other legal requirements. We reserve the right, but are not obligated, to remove or disable access to any content, at any time and without notice, including, but not limited to, if we, at our sole discretion, consider it objectionable or in violation of these Terms. If we have a reasonable belief that you have created multiple accounts or have associated the same digital asset wallet to multiple accounts, we reserve the right to disable your access to the Interface. If you believe we have erroneously disabled your access, you may contact us at ****. We have the right to investigate violations of these Terms or conduct that affects the Interface. We may also consult and cooperate with law enforcement authorities to prosecute users who violate the law. ### 8. No Fiduciary Duties The Interface is not intended to, and does not, create or impose any fiduciary duties on the Company. To the fullest extent permitted by law, any user of the Interface acknowledges and agrees that the Company owes no fiduciary duties or liabilities it or any other party, and that to the extent any such duties or liabilities may exist at law or in equity, those duties and liabilities are hereby irrevocably disclaimed, waived, and eliminated. Any user of the Interface further agrees that the only duties and obligations that the Company may owe are those set out expressly herein. ### 9. Copyright Policy The Company respects copyright law and expects its users to do the same. It is the Company’s policy to terminate access in appropriate circumstances for account holders who repeatedly infringe or are believed to be repeatedly infringing the rights of copyright holders. ### 10. Links to Third Party Websites or Resources The Interface may allow you to access third-party websites or other resources. We provide access only as a convenience and are not responsible for the content, products or services on or available from those resources or links displayed on such websites. You acknowledge sole responsibility for and assume all risk arising from your use of any third-party resources. ### 11. Termination We may suspend or terminate your access to and use of the Interface, including suspending access to your account, at our sole discretion, at any time and without notice to you. You may cancel your access at any time by sending us an email at ****. Upon any termination, discontinuation or cancellation of the Interface or your access to the Interface, the following Sections, and such other provisions that by their nature are intended to survive, will survive: 5, 6, 7, 8, 11, 12, 13, 14, 15, 16 and 17. ### 12. Warranty Disclaimers THE SERVICES ARE PROVIDED “AS IS,” WITHOUT WARRANTY OF ANY KIND. WITHOUT LIMITING THE FOREGOING, WE EXPLICITLY DISCLAIM ANY IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, QUIET ENJOYMENT AND NON-INFRINGEMENT, AND ANY WARRANTIES ARISING OUT OF COURSE OF DEALING OR USAGE OF TRADE. WE MAKE NO WARRANTY THAT THE INTERFACE WILL MEET YOUR REQUIREMENTS OR BE AVAILABLE ON AN UNINTERRUPTED, SECURE, OR ERROR-FREE BASIS. WE MAKE NO WARRANTY REGARDING THE QUALITY, ACCURACY, TIMELINESS, TRUTHFULNESS, COMPLETENESS OR RELIABILITY OF ANY INFORMATION OR CONTENT ON THE INTERFACE. THE COMPANY WILL NOT BE RESPONSIBLE OR LIABLE TO YOU FOR ANY LOSS AND TAKES NO RESPONSIBILITY FOR, AND WILL NOT BE LIABLE TO YOU FOR, ANY USE OF THE SERVICES, INCLUDING BUT NOT LIMITED TO ANY LOSSES, DAMAGES OR CLAIMS ARISING FROM: (I) USER ERROR SUCH AS FORGOTTEN PASSWORDS, INCORRECTLY CONSTRUCTED TRANSACTIONS, OR MISTYPED WALLET ADDRESSES; (II) SERVER FAILURE OR DATA LOSS; (III) CRYPTOCURRENCY WALLETS OR CORRUPT FILES; (IV) UNAUTHORIZED ACCESS TO SERVICES; OR (V) ANY THIRD PARTY ACTIVITIES, INCLUDING WITHOUT LIMITATION THE USE OF VIRUSES, PHISHING, BRUTEFORCING OR OTHER MEANS OF ATTACK AGAINST ANY BLOCKCHAIN NETWORK UNDERLYING THE SERVICES. By accessing and using the Interface, you represent that you understand the inherent risks associated with using cryptographic and blockchain-based systems, and that you have a working knowledge of the usage and intricacies of cryptoassets and other digital assets such as bitcoin (BTC), ether (ETH), USD Coin (USDC) and other digital tokens such as those following the Ethereum Token Standard (ERC-20). You further understand that the markets for these cryptoassets are highly volatile due to factors including (but not limited to) adoption, speculation, technology, security, and regulation. You acknowledge that the cost and speed of transacting with cryptographic and blockchain-based systems are variable and may increase at any time. You further acknowledge the risk that your cryptoassets may lose some or all of their value while they are supplied to or from the Interface. You further acknowledge that we are not responsible for any of these variables or risks and cannot be held liable for any resulting losses that you experience while accessing Interface. Accordingly, you understand and agree to assume full responsibility for all of the risks of accessing, using and interacting with the Interface. ### 13. Indemnity You will indemnify and hold the Company and its officers, directors, employees and agents harmless from and against any claims, disputes, demands, liabilities, damages, losses, costs and expenses, including, without limitation, reasonable legal and accounting fees arising out of or in any way connected with (a) your access to or use of the Interface, (b) any content that you post or otherwise make available through the Interface, or (c) your violation of these Terms. ### 14. Limitation of Liability a. TO THE MAXIMUM EXTENT PERMITTED BY LAW, NEITHER THE COMPANY NOR ITS SERVICE PROVIDERS INVOLVED IN CREATING, PRODUCING, OR DELIVERING THE SERVICES WILL BE LIABLE FOR ANY INCIDENTAL, SPECIAL, EXEMPLARY OR CONSEQUENTIAL DAMAGES, OR DAMAGES FOR LOST PROFITS, LOST REVENUES, LOST SAVINGS, LOST BUSINESS OPPORTUNITY, LOSS OF DATA OR GOODWILL, SERVICE INTERRUPTION, COMPUTER DAMAGE OR SYSTEM FAILURE OR THE COST OF SUBSTITUTE SERVICES OF ANY KIND ARISING OUT OF OR IN CONNECTION WITH THESE TERMS OR FROM THE USE OF OR INABILITY TO USE THE SERVICES, WHETHER BASED ON WARRANTY, CONTRACT, TORT (INCLUDING NEGLIGENCE), PRODUCT LIABILITY OR ANY OTHER LEGAL THEORY, AND WHETHER OR NOT THE COMPANY OR ITS SERVICE PROVIDERS HAVE BEEN INFORMED OF THE POSSIBILITY OF SUCH DAMAGE, EVEN IF A LIMITED REMEDY SET FORTH HEREIN IS FOUND TO HAVE FAILED OF ITS ESSENTIAL PURPOSE. b. TO THE MAXIMUM EXTENT PERMITTED BY THE LAW OF THE APPLICABLE JURISDICTION, IN NO EVENT WILL THE COMPANY’S TOTAL LIABILITY ARISING OUT OF OR IN CONNECTION WITH THESE TERMS OR FROM THE USE OF OR INABILITY TO USE THE SERVICES EXCEED, AS APPLICABLE, THE AMOUNTS YOU HAVE PAID OR ARE PAYABLE BY YOU TO THE COMPANY FOR USE OF THE SERVICES OR, IF YOU HAVE NOT HAD ANY PAYMENT OBLIGATIONS TO THE COMPANY, ONE HUNDRED DOLLARS ($100). c. THE EXCLUSIONS AND LIMITATIONS OF DAMAGES SET FORTH ABOVE ARE FUNDAMENTAL ELEMENTS OF THE BASIS OF THE BARGAIN BETWEEN THE COMPANY AND YOU. ### 15. Governing Law and Forum Choice These Terms and any action related thereto will be governed by the laws of the Cayman Islands, without regard to its conflict of laws provisions. Except as otherwise expressly set forth in Section 16 (Dispute Resolution), the exclusive jurisdiction for all Disputes (defined below) that you and the Company are not required to arbitrate will be the courts located in the George Town, Cayman Islands, and you and the Company each waive any objection to jurisdiction and venue in such courts. ### 16. Dispute Resolution #### a. Mandatory Arbitration of Disputes We each agree that any dispute, claim or controversy arising out of or relating to these Terms or the breach, termination, enforcement, interpretation or validity thereof or the use of the Interface (collectively, “**Disputes**”) will be resolved **solely by binding, individual arbitration and not in a class, representative or consolidated action or proceeding**. You and the Company agree that the Cayman Arbitration Act governs the interpretation and enforcement of these Terms, and that you and the Company are each waiving the right to a trial by jury or to participate in a class action. This arbitration provision shall survive termination of these Terms. #### b. Exceptions As limited exceptions to Section 16(a) above: (i) we both may seek to resolve a Dispute in small claims court if it qualifies; and (ii) we each retain the right to seek injunctive or other equitable relief from a court to prevent (or enjoin) the infringement or misappropriation of our intellectual property rights. #### c. Notice Before initiating arbitration or a small claims court proceeding, you and the Company agree that each will send to the other party a written notice that describes the Dispute(s) and the relief sought (the “Notice”) to allow the parties to attempt to resolve the Dispute informally. The Notice to the Company should indicate your preferred mailing address and email address and should be sent to: . Any Notice from the Company will be sent via any means we have to contact you, including via airdrop to your wallet. You and the Company each agree to negotiate any Dispute between us in good faith. You and the Company each agree that neither may initiate arbitration proceedings or a small claims court proceeding unless the parties have made a good faith effort to resolve the Dispute through the informal resolution procedure described in this paragraph and are unable to do so within sixty (60) days after receipt of any Notice. Any applicable statue of limitations will be tolled for sixty (60) days while the parties engage in this informal dispute resolution procedure. #### d. Conducting Arbitration and Arbitration Rules For Dispute(s) that we cannot resolve within sixty (60) days of the Notice despite those good faith efforts, either you or the Company may start arbitration or small claims proceedings. The arbitration of all Disputes will be in binding arbitration conducted by the Cayman International Mediation & Arbitration Centre (“CI-MAC”) under the CI-MAC rules then in effect (rules available at ) and governed by the Arbitration Act (as amended) of the Cayman Islands. The number of arbitrators shall be one and the decision of the sole arbitrator to any such Dispute(s) shall be final and binding upon both parties. The arbitrator can award the same damages and relief that a court can award. You and the Company each waives any right you or it may have to assert the doctrine of forum non conveniens, to assert that it is not subject to the jurisdiction of such arbitration or courts, or to object to venue to the extent any proceeding is brought in accordance herewith. If any Dispute(s) asserted in any request or demand for arbitration could have been brought in small claims court, then either you or the Company may elect to have the Dispute(s) heard in small claims court, rather than in arbitration, at any time before the arbitrator is appointed, by notifying the other party of that election in writing. Any dispute about whether a Dispute qualifies for small claims court will be resolved by that court, not by an arbitrator. In the event of any such dispute, the arbitration proceeding will remain closed unless and until the small claims court issues a decision that the Dispute should proceed in arbitration. Any arbitration hearings will be conducted in George Town, Cayman Islands, but will be conducted remotely to the extent permitted by the CI-MAC Rules. The parties agree that, except as otherwise provided herein, the arbitrator shall have exclusive authority to decide all issues, including jurisdictional and arbitrability issues and the formation, existence, validity, interpretation, applicability, enforceability, and scope of this arbitration provision. The arbitrator is bound by this Agreement. The arbitrator shall issue a reasoned written decision sufficient to explain the essential findings and conclusions on which the award is based. The award shall be binding only among the parties and shall have no preclusive effect in any other arbitration or other proceeding involving a different party. Judgment on any award may be entered in any court having jurisdiction. This arbitration provision shall not preclude any party to the arbitration from at any time seeking injunctions or other forms of equitable relief in aid of arbitration from a court of appropriate jurisdiction, including whether an arbitration demand is filed in violation of these Terms. If for any reason this arbitration provision is found not to apply to a Dispute and as a result a Dispute proceeds in a court of general jurisdiction rather than in arbitration or small claims court, the Dispute shall be exclusively brought in accordance with Section 15 above. #### e. Arbitration Costs Payment of all filing, administration and arbitrator fees will be governed by the CI-MAC Rules. The Company will not seek to recover its attorneys’ fees and costs in arbitration from you unless the arbitrator finds that either the substance of your Dispute or the relief sought in your demand for arbitration was frivolous or was brought for an improper purpose. If you prevail in arbitration you will be entitled to an award of attorneys’ fees and expenses to the extent provided under applicable law. #### f. Injunctive and Declaratory Relief Except as provided in Section 16(b) above, the arbitrator shall determine all issues of liability on the merits of any claim asserted by either party and may award declaratory or injunctive relief only in favor of the individual party seeking relief and only to the extent necessary to provide relief warranted by that party’s individual claim. To the extent that you or we prevail on a claim and seek public injunctive relief (that is, injunctive relief that has the primary purpose and effect of prohibiting unlawful acts that threaten future injury to the public), the entitlement to and extent of such relief must be litigated in a civil court of competent jurisdiction and not in arbitration. The parties agree that litigation of any issues of public injunctive relief shall be stayed pending the outcome of the merits of any individual claims in arbitration. #### g. Class Action Waiver **YOU AND THE COMPANY AGREE THAT EACH MAY BRING CLAIMS AGAINST THE OTHER ONLY IN YOUR OR ITS INDIVIDUAL CAPACITY, AND NOT AS A PLAINTIFF OR CLASS MEMBER IN ANY PURPORTED CLASS OR REPRESENTATIVE PROCEEDING.** Further, if the parties’ Dispute is resolved through arbitration, the arbitrator may not consolidate another person’s claims with your claims, and may not otherwise preside over any form of a representative or class proceeding. If you or the Company believes that any Dispute that the other has filed in arbitration is inconsistent with the limitations in this paragraph, then you or the Company may seek an order from a court determining whether the other’s Dispute is within the scope of this class action waiver. If a court or an arbitrator determines that any part of this arbitration provision or class action waiver is unenforceable with respect to any Dispute, then the arbitration provision and class action waiver will not apply to that Dispute. But the arbitration provision and class action waiver will still apply to all other Disputes, remedies and requests for relief that you or the Company may assert in that or any other action. In any such case, you and the Company agree that the parties will arbitrate all Disputes, remedies and requests for relief subject to individual arbitration first, and that any remaining unresolved Claims, remedies, or requests for relief may be pursued in court only after the arbitrator’s award has been issued. The parties agree that any statute of limitations applicable to the unresolved Disputes, remedies or requests for relief shall be tolled pending the outcome of the individual Disputes in arbitration. #### h. Severability With the exception of any of the provisions in Section 16(g) (Class Action Waiver), if an arbitrator or court of competent jurisdiction decides that any part of these Terms is invalid or unenforceable, the other parts of these Terms will still apply. ### 17. General Terms #### a. Reservation of Rights The Company and its licensors exclusively own all right, title and interest in and to the Interface, including all associated intellectual property rights. You acknowledge that the Interface is protected by copyright, trademark, and other laws of the United States and foreign countries. You agree not to remove, alter or obscure any copyright, trademark, service mark or other proprietary rights notices incorporated in or accompanying the Interface. #### b. Entire Agreement These Terms constitute the entire and exclusive understanding and agreement between the Company and you regarding the Interface, and these Terms supersede and replace all prior oral or written understandings or agreements between the Company and you regarding the Interface. If any provision of these Terms is held invalid or unenforceable by an arbitrator or a court of competent jurisdiction, that provision will be enforced to the maximum extent permissible and the other provisions of these Terms will remain in full force and effect. You may not assign or transfer these Terms, by operation of law or otherwise, without the Company’s prior written consent. Any attempt by you to assign or transfer these Terms, without such consent, will be null. The Company may freely assign or transfer these Terms without restriction. Subject to the foregoing, these Terms will bind and inure to the benefit of the parties, their successors and permitted assigns. #### c. Notices Any notices or other communications provided by the Company under these Terms will be given: (i) via email; or (ii) by posting to the Interface. For notices made by email, the date of receipt will be deemed the date on which such notice is transmitted. #### d. Waiver of Rights The Company’s failure to enforce any right or provision of these Terms will not be considered a waiver of such right or provision. The waiver of any such right or provision will be effective only if in writing and signed by a duly authorized representative of the Company. Except as expressly set forth in these Terms, the exercise by either party of any of its remedies under these Terms will be without prejudice to its other remedies under these Terms or otherwise. ### 18. Contact Information If you have any questions about these Terms or the Interface, please contact the Company at ****. # Mobile Terms of Service Updated Jan 1, 2025 Please read these Terms of Service (the “Terms”) carefully because they govern your use of the website located at[ www.defi.app](http://www.defi.app) the “Site”) and DeFi services accessible via the Site and corresponding application (“App”) offered by Big Bang Studio (the “Company”, “we”, “us” or “our”). The App facilitates access to the Defi App Protocol, which we do not own or control (the “Protocol”). The Protocol is a community-driven set of blockchain-based smart contracts and tools that enable certain users to access transactions and products on certain other decentralized finance protocols that the Company does not control. To make these Terms easier to read, the Site, App, and our services are collectively called the “Interface.” NOTICE ON PROHIBITED USE – RESTRICTED PERSONS THE INTERFACE AND ANY RELATED SERVICES ARE NOT OFFERED TO AND MAY NOT BE USED BY: PERSONS OR ENTITIES WHO RESIDE IN, ARE CITIZENS OF, ARE LOCATED IN, ARE INCORPORATED IN, OR HAVE A REGISTERED OFFICE IN ANY RESTRICTED TERRITORY, AS DEFINED BELOW (EACH SUCH PERSON OR ENTITY FROM A RESTRICTED TERRITORY, A “RESTRICTED PERSON”). WE DO NOT MAKE EXCEPTIONS. THEREFORE, IF YOU ARE A RESTRICTED PERSON, THEN DO NOT ATTEMPT TO USE THE INTERFACE OR ANY RELATED SERVICES. USE OF A VIRTUAL PRIVATE NETWORK (“VPN”) OR ANY OTHER SIMILAR MEANS INTENDED TO CIRCUMVENT THE RESTRICTIONS SET FORTH HEREIN IS PROHIBITED. WHEN YOU AGREE TO THESE TERMS, YOU ARE AGREEING (WITH LIMITED EXCEPTION) TO RESOLVE ANY DISPUTE BETWEEN YOU AND THE COMPANY THROUGH BINDING, INDIVIDUAL ARBITRATION RATHER THAN IN COURT. PLEASE REVIEW CAREFULLY SECTION 16 (DISPUTE RESOLUTION) BELOW FOR DETAILS REGARDING ARBITRATION. HOWEVER, IF YOU ARE A RESIDENT OF A JURISDICTION WHERE APPLICABLE LAW PROHIBITS ARBITRATION OF DISPUTES, THE AGREEMENT TO ARBITRATE IN SECTION 16 WILL NOT APPLY TO YOU BUT THE PROVISIONS OF SECTION 15 (GOVERNING LAW AND FORUM CHOICE) WILL APPLY INSTEAD. ## 1. Agreement to Terms By using our Interface, you agree to be bound by these Terms. If you don’t agree to be bound by these Terms, then you must not use the Interface. Notwithstanding the foregoing, the laws of some jurisdictions may limit or not permit certain provisions of this agreement, such as indemnification, the exclusion of certain warranties or the limitation of liability. In such a case, such provisions will apply only to the maximum extent permitted by the laws of such jurisdictions. Also, you may have additional legal rights in your jurisdiction, and nothing in these terms will prejudice such rights that you may have as a consumer of the Interface under such applicable law. ## 2. Changes to these Terms or the Interface We may update these Terms from time to time in our sole discretion. If we do, we’ll let you know by posting the updated Terms on the Interface and/or may also send other communications. It’s important that you review these Terms whenever we update them or you use the Interface. If you continue to use the Interface after we have posted updated Terms, it means that you accept and agree to the changes. If you don’t agree to be bound by the changes, you may not use the Interface anymore. Because our Interface is evolving over time, we may change or discontinue all or any part of the Interface, at any time and without notice, at our sole discretion. ## 3. Who May Use the Interface? You may use the Interface only if you are at least 18 years of age (or such other minimum age at which you can provide consent to data processing under the laws of your territory), and not otherwise barred from using the Interface under applicable law. In order to protect the integrity of the Interface, we reserve the right, at any time, in our sole discretion, to block access to the Interface from certain IP addresses and unique device identifiers. For the purposes of these Terms, “Restricted Territory” means of Algeria, Bangladesh, Bolivia, Belarus, Burundi, Burma (Myanmar), Cote D'Ivoire (Ivory Coast), Crimea and Sevastopol, Cuba, Democratic Republic of Congo, Ecuador, Iran, Iraq, Liberia, Libya, Mali, Morocco, Nepal, North Korea, Somalia, Sudan, Syria, Venezuela, Yemen, Zimbabwe or any other country to which Canada, Panama, the United States, the United Kingdom or the European Union embargoes goods or imposes similar sanctions. ## 4. About the Interface ### a. Interface The Interface provides Users with access to the Protocol, which is a fully decentralized, non-custodial, community-governed lending protocol deployed on multiple blockchain networks and systems, and provides information about the Company’s ecosystem, governance, community, and various interfaces and integrations to the Interface. All information provided in connection with your access and use of the Interface is for informational purposes only. You should not take, or refrain from taking, any action based on any information contained on the Site or any other information that we make available at any time, including blog posts, data, articles, links to third-party content, Discord content, news feeds, tutorials, tweets, and videos. Before you make any financial, legal, technical, or other decisions involving the Interface, you should seek independent professional advice from a licensed and qualified individual in the area for which such advice would be appropriate. Because the Interface provides information about the Protocol, these Terms also provide some information about the use of the Protocol. This information is not intended to be comprehensive or address all aspects of the Protocol. ### b. Our Relationship You acknowledge and agree that the Company is an online platform provider and not a broker-dealer or a Lender. The Company does not direct or control the day-to-day activities of the users accessing the Site. Neither we nor any affiliated entity is a party to any transaction on the blockchain networks underlying the Protocol; we do not have possession, custody or control over any cryptoassets appearing on the Interface; and we do not have possession, custody, or control over any User’s funds or cryptoassets. Further, we do not store, send, or receive any funds or cryptoassets. You understand that when you interact with any Protocol smart contracts, you retain control over your cryptoassets at all times. The private key associated with the wallet address from which you transfer cryptoassets or the private key associated is the only private key that can control the cryptoassets you transfer into the smart contracts. You alone are responsible for securing your private keys. We do not have access to your private keys. Due to the non-custodial and decentralized nature of the technology, we are not intermediaries, agents, advisors, or custodians, and we do not have a fiduciary relationship or obligation to you regarding any other decisions or activities that you affect when using our Interface. You acknowledge that we, for the avoidance of doubt, do not have any information regarding any Users, Users’ identities, or services beyond what is available or obtainable publicly via the blockchain. We are not responsible for any activities you engage in when using the Interface, and you should understand the risks associated with cryptoassets, cryptoassets, blockchain technology generally, and the Interface. The software underlying blockchain networks on which the Protocol is deployed is open source, which means that anyone can use, utilize, and build on top of it. By using the Interface, you acknowledge and agree (i) that we are not responsible for the operation of the blockchain-based software and networks underlying the Protocol, (ii) that there exists no guarantee of the functionality, security, or availability of that software and networks, and (iii) that the underlying blockchain-based networks are subject to sudden changes in operating rules, such as those commonly referred to as “forks”. ### c. Fees There may be associated fees in connection with transactions enacted on a blockchain. All transactions using blockchains require the payment of gas fees, which are essentially transaction fees paid on every transaction that occurs on the selected blockchain network. Please note that gas fees are non-refundable. d. Communication from the Interface You may elect to receive emails or other communications from the Company in connection with the Interface. If you elect receive communications in connection with your cryptoassets, you agree and acknowledge that the Company is under no obligation to send any emails or communicate with you regarding such cryptoassets and that the Company will not be responsible or liable to you for any loss and takes no responsibility for and will not be liable to you for in the case of failure of such email or communication. ### e. Disputes Between Users The Company is not a party to any relationship in the delivery or completion of transactions between users of the Site. In the event that you have a dispute with any user of the Site, you agree to address such dispute directly with such user. If permitted in your jurisdiction, you release the Company (and the Company’s officers, directors, agents, investors, subsidiaries, and employees) (collectively “Releasees”) from, and covenant not to sue Releasees for any and all claims, demands, or damages (actual or consequential) of any kind and nature, known and unknown, suspected and unsuspected, disclosed and undisclosed, arising out of or in any way connected with such dispute. ### f. Regulatory and Compliance Suspensions or Terminations We may suspend or terminate your access to the Interface at any time in connection with any transaction as required by applicable law, any governmental authority, or if we in our sole and reasonable discretion determine you are violating these Terms or the terms of any third-party service provider. Such suspension or termination shall not be constituted a breach of these Terms by the Company. In accordance with its anti-money laundering, anti-terrorism, anti-fraud, and other compliance policies and practices, we may impose reasonable limitations and controls on the ability of you or any beneficiary to utilize the Interface. Such limitations may include, where good cause exists, rejecting transaction requests, freezing funds, or otherwise restricting you from using the Interface. ## 5. Intellectual Property We exclusively own all right, title and interest in and to the Interface and any content made available through the Site, including all associated intellectual property rights. You acknowledge that the Interface and content are protected by copyright, trademark, and other laws. You agree not to remove, alter or obscure any copyright, trademark, service mark or other proprietary rights notices incorporated in or accompanying the Interface and content. Subject to your compliance with these Terms, we grant you a limited, non-exclusive, non-transferable, revocable right to access and use the Interface and content made available to you, solely for your non-commercial purposes. ## 6. Feedback We appreciate feedback, comments, ideas, proposals and suggestions for improvements to the Interface (“Feedback”). If you choose to submit Feedback, you agree that we are free to use it (and permit others to use it) without any restriction or compensation to you. ## 7. General Prohibitions and the Company’s Enforcement Rights You agree not to do any of the following: a. Post, upload, publish, submit or transmit any content that: (i) infringes, misappropriates or violates a third party’s patent, copyright, trademark, trade secret, moral rights or other intellectual property rights, or rights of publicity or privacy; (ii) violates, or encourages any conduct that would violate, any applicable law or regulation or would give rise to civil liability; (iii) is fraudulent, false, misleading or deceptive; (iv) is defamatory, obscene, pornographic, vulgar or offensive; (v) promotes discrimination, bigotry, racism, hatred, harassment or harm against any individual or group; (vi) is violent or threatening or promotes violence or actions that are threatening to any person or entity; or (vii) promotes illegal or harmful activities or substances; b. Use, display, mirror or frame the Interface or any individual element within the Interface, the Company’s name, any Company trademark, logo or other proprietary information, or the layout and design of any page or form contained on a page, without the Company’s express written consent; c. Access, tamper with, or use non-public areas of the Interface, the Company’s computer systems, or the technical delivery systems of the Company’s providers; d. Attempt to probe, scan or test the vulnerability of any Company system or network or breach any security or authentication measures; e. Avoid, bypass, remove, deactivate, impair, descramble or otherwise circumvent any technological measure implemented by the Company or any of the Company’s providers or any other third party (including another user) to protect the Interface; f. Attempt to access or search the Interface or download content from the Interface using any engine, software, tool, agent, device or mechanism (including spiders, robots, crawlers, data mining tools or the like) other than the software and/or search agents provided by the Company or other generally available third-party web browsers; g. Send any unsolicited or unauthorized advertising, promotional materials, email, junk mail, spam, chain letters or other form of solicitation; h. Use any meta tags or other hidden text or metadata utilizing Company trademark, logo URL or product name without the Company’s express written consent; i. Use the Interface, or any portion thereof, for any commercial purpose or for the benefit of any third party or in any manner not permitted by these Terms; j. Forge any TCP/IP packet header or any part of the header information in any email or newsgroup posting, or in any way use the Interface to send altered, deceptive or false source-identifying information; k. Attempt to decipher, decompile, disassemble or reverse engineer any of the software used to provide the Interface; l. Interfere with, or attempt to interfere with, the access of any user, host or network, including, without limitation, sending a virus, overloading, flooding, spamming, or mail-bombing the Interface; m. Collect or store any personally identifiable information from the Interface from other users of the Interface without their express permission; n. Impersonate or misrepresent your affiliation with any person or entity; o. Use DEFI for capital raising purposes (“Capital Raising”). Capital Raising is defined as receiving funds from the sale of DEFI, where the primary purpose of the sale of DEFI is to raise capital for you or another party. You acknowledge that any DEFI you receive is solely for use within the Protocol or the Interface and not for speculative purposes; p. Violate any applicable law, rule, or regulation concerning the integrity of trading markets, including (but not limited to) the manipulative tactics commonly known as spoofing and wash trading; q. Violate any applicable law or regulation; or r. Encourage or enable any other individual to do any of the foregoing. The Company is not obligated to monitor access to or use of the Interface or to review or edit any content. However, we have the right to do so for the purpose of operating the Interface, to ensure compliance with these Terms and to comply with applicable law or other legal requirements. We reserve the right, but are not obligated, to remove or disable access to any content, at any time and without notice, including, but not limited to, if we, at our sole discretion, consider it objectionable or in violation of these Terms. If we have a reasonable belief that you have created multiple accounts or have associated the same digital asset wallet to multiple accounts, we reserve the right to disable your access to the Interface. If you believe we have erroneously disabled your access, you may contact us at . We have the right to investigate violations of these Terms or conduct that affects the Interface. We may also consult and cooperate with law enforcement authorities to prosecute users who violate the law. ## 8. No Fiduciary Duties The Interface is not intended to, and does not, create or impose any fiduciary duties on the Company. To the fullest extent permitted by law, any user of the Interface acknowledges and agrees that the Company owes no fiduciary duties or liabilities it or any other party, and that to the extent any such duties or liabilities may exist at law or in equity, those duties and liabilities are hereby irrevocably disclaimed, waived, and eliminated. Any user of the Interface further agrees that the only duties and obligations that the Company may owe are those set out expressly herein. ## 9. Copyright Policy The Company respects copyright law and expects its users to do the same. It is the Company’s policy to terminate access in appropriate circumstances for account holders who repeatedly infringe or are believed to be repeatedly infringing the rights of copyright holders. ## 10. Links to Third Party Websites or Resources The Interface may allow you to access third-party websites or other resources. We provide access only as a convenience and are not responsible for the content, products or services on or available from those resources or links displayed on such websites. You acknowledge sole responsibility for and assume all risk arising from your use of any third-party resources. ## 11. Termination We may suspend or terminate your access to and use of the Interface, including suspending access to your account, at our sole discretion, at any time and without notice to you. You may cancel your access at any time by sending us an email at . Upon any termination, discontinuation or cancellation of the Interface or your access to the Interface, the following Sections, and such other provisions that by their nature are intended to survive, will survive: 5, 6, 7, 8, 11, 12, 13, 14, 15, 16 and 17. ## 12. Warranty Disclaimers THE SERVICES ARE PROVIDED “AS IS,” WITHOUT WARRANTY OF ANY KIND. WITHOUT LIMITING THE FOREGOING, WE EXPLICITLY DISCLAIM ANY IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, QUIET ENJOYMENT AND NON-INFRINGEMENT, AND ANY WARRANTIES ARISING OUT OF COURSE OF DEALING OR USAGE OF TRADE. WE MAKE NO WARRANTY THAT THE INTERFACE WILL MEET YOUR REQUIREMENTS OR BE AVAILABLE ON AN UNINTERRUPTED, SECURE, OR ERROR-FREE BASIS. WE MAKE NO WARRANTY REGARDING THE QUALITY, ACCURACY, TIMELINESS, TRUTHFULNESS, COMPLETENESS OR RELIABILITY OF ANY INFORMATION OR CONTENT ON THE INTERFACE. THE COMPANY WILL NOT BE RESPONSIBLE OR LIABLE TO YOU FOR ANY LOSS AND TAKES NO RESPONSIBILITY FOR, AND WILL NOT BE LIABLE TO YOU FOR, ANY USE OF THE SERVICES, INCLUDING BUT NOT LIMITED TO ANY LOSSES, DAMAGES OR CLAIMS ARISING FROM: (I) USER ERROR SUCH AS FORGOTTEN PASSWORDS, INCORRECTLY CONSTRUCTED TRANSACTIONS, OR MISTYPED WALLET ADDRESSES; (II) SERVER FAILURE OR DATA LOSS; (III) CRYPTOCURRENCY WALLETS OR CORRUPT FILES; (IV) UNAUTHORIZED ACCESS TO SERVICES; OR (V) ANY THIRD PARTY ACTIVITIES, INCLUDING WITHOUT LIMITATION THE USE OF VIRUSES, PHISHING, BRUTEFORCING OR OTHER MEANS OF ATTACK AGAINST ANY BLOCKCHAIN NETWORK UNDERLYING THE SERVICES. By accessing and using the Interface, you represent that you understand the inherent risks associated with using cryptographic and blockchain-based systems, and that you have a working knowledge of the usage and intricacies of cryptoassets and other digital assets such as bitcoin (BTC), ether (ETH), USD Coin (USDC) and other digital tokens such as those following the Ethereum Token Standard (ERC-20). You further understand that the markets for these cryptoassets are highly volatile due to factors including (but not limited to) adoption, speculation, technology, security, and regulation. You acknowledge that the cost and speed of transacting with cryptographic and blockchain-based systems are variable and may increase at any time. You further acknowledge the risk that your cryptoassets may lose some or all of their value while they are supplied to or from the Interface. You further acknowledge that we are not responsible for any of these variables or risks and cannot be held liable for any resulting losses that you experience while accessing Interface. Accordingly, you understand and agree to assume full responsibility for all of the risks of accessing, using and interacting with the Interface. ## 13. Indemnity You will indemnify and hold the Company and its officers, directors, employees and agents harmless from and against any claims, disputes, demands, liabilities, damages, losses, costs and expenses, including, without limitation, reasonable legal and accounting fees arising out of or in any way connected with (a) your access to or use of the Interface, (b) any content that you post or otherwise make available through the Interface, or (c) your violation of these Terms. ## 14. Limitation of Liability a. TO THE MAXIMUM EXTENT PERMITTED BY LAW, NEITHER THE COMPANY NOR ITS SERVICE PROVIDERS INVOLVED IN CREATING, PRODUCING, OR DELIVERING THE SERVICES WILL BE LIABLE FOR ANY INCIDENTAL, SPECIAL, EXEMPLARY OR CONSEQUENTIAL DAMAGES, OR DAMAGES FOR LOST PROFITS, LOST REVENUES, LOST SAVINGS, LOST BUSINESS OPPORTUNITY, LOSS OF DATA OR GOODWILL, SERVICE INTERRUPTION, COMPUTER DAMAGE OR SYSTEM FAILURE OR THE COST OF SUBSTITUTE SERVICES OF ANY KIND ARISING OUT OF OR IN CONNECTION WITH THESE TERMS OR FROM THE USE OF OR INABILITY TO USE THE SERVICES, WHETHER BASED ON WARRANTY, CONTRACT, TORT (INCLUDING NEGLIGENCE), PRODUCT LIABILITY OR ANY OTHER LEGAL THEORY, AND WHETHER OR NOT THE COMPANY OR ITS SERVICE PROVIDERS HAVE BEEN INFORMED OF THE POSSIBILITY OF SUCH DAMAGE, EVEN IF A LIMITED REMEDY SET FORTH HEREIN IS FOUND TO HAVE FAILED OF ITS ESSENTIAL PURPOSE. b. TO THE MAXIMUM EXTENT PERMITTED BY THE LAW OF THE APPLICABLE JURISDICTION, IN NO EVENT WILL THE COMPANY’S TOTAL LIABILITY ARISING OUT OF OR IN CONNECTION WITH THESE TERMS OR FROM THE USE OF OR INABILITY TO USE THE SERVICES EXCEED, AS APPLICABLE, THE AMOUNTS YOU HAVE PAID OR ARE PAYABLE BY YOU TO THE COMPANY FOR USE OF THE SERVICES OR, IF YOU HAVE NOT HAD ANY PAYMENT OBLIGATIONS TO THE COMPANY, ONE HUNDRED DOLLARS ($100). c. THE EXCLUSIONS AND LIMITATIONS OF DAMAGES SET FORTH ABOVE ARE FUNDAMENTAL ELEMENTS OF THE BASIS OF THE BARGAIN BETWEEN THE COMPANY AND YOU. ## 15. Governing Law and Forum Choice These Terms and any action related thereto will be governed by the laws of the Cayman Islands, without regard to its conflict of laws provisions. Except as otherwise expressly set forth in Section 16 (Dispute Resolution), the exclusive jurisdiction for all Disputes (defined below) that you and the Company are not required to arbitrate will be the courts located in the George Town, Cayman Islands, and you and the Company each waive any objection to jurisdiction and venue in such courts. ## 16. Dispute Resolution ### a. Mandatory Arbitration of Disputes We each agree that any dispute, claim or controversy arising out of or relating to these Terms or the breach, termination, enforcement, interpretation or validity thereof or the use of the Interface (collectively, “Disputes”) will be resolved solely by binding, individual arbitration and not in a class, representative or consolidated action or proceeding. You and the Company agree that the Cayman Arbitration Act governs the interpretation and enforcement of these Terms, and that you and the Company are each waiving the right to a trial by jury or to participate in a class action. This arbitration provision shall survive termination of these Terms. ### b. Exceptions As limited exceptions to Section 16(a) above: (i) we both may seek to resolve a Dispute in small claims court if it qualifies; and (ii) we each retain the right to seek injunctive or other equitable relief from a court to prevent (or enjoin) the infringement or misappropriation of our intellectual property rights. ### c. Notice Before initiating arbitration or a small claims court proceeding, you and the Company agree that each will send to the other party a written notice that describes the Dispute(s) and the relief sought (the “Notice”) to allow the parties to attempt to resolve the Dispute informally. The Notice to the Company should indicate your preferred mailing address and email address and should be sent to: . Any Notice from the Company will be sent via any means we have to contact you. You and the Company each agree to negotiate any Dispute between us in good faith. You and the Company each agree that neither may initiate arbitration proceedings or a small claims court proceeding unless the parties have made a good faith effort to resolve the Dispute through the informal resolution procedure described in this paragraph and are unable to do so within sixty (60) days after receipt of any Notice. Any applicable statue of limitations will be tolled for sixty (60) days while the parties engage in this informal dispute resolution procedure. ### d. Conducting Arbitration and Arbitration Rules For Dispute(s) that we cannot resolve within sixty (60) days of the Notice despite those good faith efforts, either you or the Company may start arbitration or small claims proceedings. The arbitration of all Disputes will be in binding arbitration conducted by the Cayman International Mediation & Arbitration Centre (“CI-MAC”) under the CI-MAC rules then in effect (rules available at ) and governed by the Arbitration Act (as amended) of the Cayman Islands. The number of arbitrators shall be one and the decision of the sole arbitrator to any such Dispute(s) shall be final and binding upon both parties. The arbitrator can award the same damages and relief that a court can award. You and the Company each waives any right you or it may have to assert the doctrine of forum non conveniens, to assert that it is not subject to the jurisdiction of such arbitration or courts, or to object to venue to the extent any proceeding is brought in accordance herewith. If any Dispute(s) asserted in any request or demand for arbitration could have been brought in small claims court, then either you or the Company may elect to have the Dispute(s) heard in small claims court, rather than in arbitration, at any time before the arbitrator is appointed, by notifying the other party of that election in writing. Any dispute about whether a Dispute qualifies for small claims court will be resolved by that court, not by an arbitrator. In the event of any such dispute, the arbitration proceeding will remain closed unless and until the small claims court issues a decision that the Dispute should proceed in arbitration. Any arbitration hearings will be conducted in George Town, Cayman Islands, but will be conducted remotely to the extent permitted by the CI-MAC Rules. The parties agree that, except as otherwise provided herein, the arbitrator shall have exclusive authority to decide all issues, including jurisdictional and arbitrability issues and the formation, existence, validity, interpretation, applicability, enforceability, and scope of this arbitration provision. The arbitrator is bound by this Agreement. The arbitrator shall issue a reasoned written decision sufficient to explain the essential findings and conclusions on which the award is based. The award shall be binding only among the parties and shall have no preclusive effect in any other arbitration or other proceeding involving a different party. Judgment on any award may be entered in any court having jurisdiction. This arbitration provision shall not preclude any party to the arbitration from at any time seeking injunctions or other forms of equitable relief in aid of arbitration from a court of appropriate jurisdiction, including whether an arbitration demand is filed in violation of these Terms. If for any reason this arbitration provision is found not to apply to a Dispute and as a result a Dispute proceeds in a court of general jurisdiction rather than in arbitration or small claims court, the Dispute shall be exclusively brought in accordance with Section 15 above. ### **e. Arbitration Costs** Payment of all filing, administration and arbitrator fees will be governed by the CI-MAC Rules. The Company will not seek to recover its attorneys’ fees and costs in arbitration from you unless the arbitrator finds that either the substance of your Dispute or the relief sought in your demand for arbitration was frivolous or was brought for an improper purpose. If you prevail in arbitration you will be entitled to an award of attorneys’ fees and expenses to the extent provided under applicable law. ### **f. Injunctive and Declaratory Relief** Except as provided in Section 16(b) above, the arbitrator shall determine all issues of liability on the merits of any claim asserted by either party and may award declaratory or injunctive relief only in favor of the individual party seeking relief and only to the extent necessary to provide relief warranted by that party’s individual claim. To the extent that you or we prevail on a claim and seek public injunctive relief (that is, injunctive relief that has the primary purpose and effect of prohibiting unlawful acts that threaten future injury to the public), the entitlement to and extent of such relief must be litigated in a civil court of competent jurisdiction and not in arbitration. The parties agree that litigation of any issues of public injunctive relief shall be stayed pending the outcome of the merits of any individual claims in arbitration. ### **g. Class Action Waiver** YOU AND THE COMPANY AGREE THAT EACH MAY BRING CLAIMS AGAINST THE OTHER ONLY IN YOUR OR ITS INDIVIDUAL CAPACITY, AND NOT AS A PLAINTIFF OR CLASS MEMBER IN ANY PURPORTED CLASS OR REPRESENTATIVE PROCEEDING. Further, if the parties’ Dispute is resolved through arbitration, the arbitrator may not consolidate another person’s claims with your claims, and may not otherwise preside over any form of a representative or class proceeding. If you or the Company believes that any Dispute that the other has filed in arbitration is inconsistent with the limitations in this paragraph, then you or the Company may seek an order from a court determining whether the other’s Dispute is within the scope of this class action waiver. If a court or an arbitrator determines that any part of this arbitration provision or class action waiver is unenforceable with respect to any Dispute, then the arbitration provision and class action waiver will not apply to that Dispute. But the arbitration provision and class action waiver will still apply to all other Disputes, remedies and requests for relief that you or the Company may assert in that or any other action. In any such case, you and the Company agree that the parties will arbitrate all Disputes, remedies and requests for relief subject to individual arbitration first, and that any remaining unresolved Claims, remedies, or requests for relief may be pursued in court only after the arbitrator’s award has been issued. The parties agree that any statute of limitations applicable to the unresolved Disputes, remedies or requests for relief shall be tolled pending the outcome of the individual Disputes in arbitration. ### **h. Severability** With the exception of any of the provisions in Section 16(g) (Class Action Waiver), if an arbitrator or court of competent jurisdiction decides that any part of these Terms is invalid or unenforceable, the other parts of these Terms will still apply. ## 17. General Terms ### **a. Reservation of Rights** The Company and its licensors exclusively own all right, title and interest in and to the Interface, including all associated intellectual property rights. You acknowledge that the Interface is protected by copyright, trademark, and other laws of the United States and foreign countries. You agree not to remove, alter or obscure any copyright, trademark, service mark or other proprietary rights notices incorporated in or accompanying the Interface. ### **b. Entire Agreement** These Terms constitute the entire and exclusive understanding and agreement between the Company and you regarding the Interface, and these Terms supersede and replace all prior oral or written understandings or agreements between the Company and you regarding the Interface. If any provision of these Terms is held invalid or unenforceable by an arbitrator or a court of competent jurisdiction, that provision will be enforced to the maximum extent permissible and the other provisions of these Terms will remain in full force and effect. You may not assign or transfer these Terms, by operation of law or otherwise, without the Company’s prior written consent. Any attempt by you to assign or transfer these Terms, without such consent, will be null. The Company may freely assign or transfer these Terms without restriction. Subject to the foregoing, these Terms will bind and inure to the benefit of the parties, their successors and permitted assigns. ### **c. Notices** Any notices or other communications provided by the Company under these Terms will be given: (i) via email; or (ii) by posting to the Interface. For notices made by email, the date of receipt will be deemed the date on which such notice is transmitted. ### **d. Waiver of Rights** The Company’s failure to enforce any right or provision of these Terms will not be considered a waiver of such right or provision. The waiver of any such right or provision will be effective only if in writing and signed by a duly authorized representative of the Company. Except as expressly set forth in these Terms, the exercise by either party of any of its remedies under these Terms will be without prejudice to its other remedies under these Terms or otherwise. ## 18. Contact Information If you have any questions about these Terms or the Interface, please contact the Company at .
# Privacy Policy Updated November 20, 2024 Defi App operates in a decentralized and permissionless manner. This Privacy Policy ("Privacy Policy") explains how Defi App ("we," "our," or "us") collects, uses, and shares information in connection with our Services as well as your rights and choices regarding such information. These terms apply to our website, mobile application, and any other online location that links to this Privacy Policy (collectively, the "Services"). By using the Services, you agree to our collection, use, and sharing of your information as described in this Privacy Policy. If you do not agree with the terms, you should not use or access the Services. ## 1. Information Collection ### **A. Information You Provide** We may collect the following information when you use our Services: * **Correspondence and Content**: When you contact us, we may collect your name, contact information, and the content of any communication, including feedback and questions. You are solely responsible for any information you voluntarily provide to us that has not been solicited. ### **B. Information Collected Automatically** We collect the following information automatically: * **Wallet Address**: We may collect the wallet address you use to connect to the Services, particularly to manage wallets associated with certain activities and to enhance user experience. * **Device Information**: We collect data about the device used to access the Services, such as device type, operating system, and browser type, to optimize and troubleshoot. * **Usage Information**: We may collect information about how you interact with the Services, including pages visited, features used, and actions taken. This information helps us continuously improve the user experience. ## 2. Use of Information We may collect and use information for the following business purposes: * **Operating and Managing Services**: To provide you with access to the Services, respond to inquiries, send updates, enforce our Terms, detect and prevent fraud, and comply with legal obligations. * **Improving Services**: To analyze user behavior and improve Services for a better user experience. * **Security and Compliance**: To maintain the security and integrity of the Services and comply with applicable laws and legal processes. * **Consent**: To fulfill purposes for which we have obtained your explicit consent. We may use aggregated or de-identified information for any purpose, as allowed by law. ## 3. Sharing and Disclosure of Information We may share or disclose information as follows: * **Service Providers**: We may share information with third-party providers for services such as security, analytics, IT, and blockchain transaction monitoring. These providers only act on our behalf. * **Affiliates and Advisors**: We may share information with affiliates and professional advisors for audits and compliance. * **Aggregated Information**: We may share non-identifiable information as allowed by law. ## 4. Third-Party Services Our Services may include links or integrations to third-party websites or services. We are not responsible for the privacy practices of these third parties, and your interactions with them are subject to their own privacy policies. ## 5. Cookies Policy We do not use cookies directly. However, third-party services integrated with our platform may use cookies. Please review their privacy policies for details on their cookie practices. ## 6. Analytics We may use third-party analytics tools to understand how users engage with the Services, which helps us improve functionality. You may opt-out of certain tracking by adjusting your browser settings or using privacy tools. ## 7. Data Security We implement reasonable measures to protect your information from unauthorized access, loss, or misuse. However, internet transmission is never completely secure, and we cannot guarantee absolute security. ## 8. Data Retention We retain information as long as necessary for the purposes outlined in this Privacy Policy or as required by law. If you request deletion, we may retain certain information for legal, tax, or regulatory purposes. ## 9. International Transfers Information collected through the Services may be transferred to and processed in jurisdictions with different data protection laws. By using our Services, you consent to these transfers. ## 10. Children The Services are intended for users who can legally enter into contracts. We do not knowingly collect personal information from children. If you believe we have done so, please contact us to remove the information. ## 11. Changes to This Privacy Policy We reserve the right to update this Privacy Policy at any time. Any changes will be posted on this page, and your continued use of the Services indicates acceptance of the new terms. ## 12. Contact Us If you have questions or comments about this Privacy Policy, please contact us at . # Mobile Privacy Policy Updated November 20, 2024 Defi App operates in a decentralized and permissionless manner. This Privacy Policy ("Privacy Policy") explains how Defi App ("we," "our," or "us") collects, uses, and shares information in connection with our Services as well as your rights and choices regarding such information. These terms apply to our website, mobile application, and any other online location that links to this Privacy Policy (collectively, the "Services"). By using the Services, you agree to our collection, use, and sharing of your information as described in this Privacy Policy. If you do not agree with the terms, you should not use or access the Services. ## 1. Information Collection ### **A. Information You Provide** We may collect the following information when you use our Services: * **Correspondence and Content**: When you contact us, we may collect your name, contact information, and the content of any communication, including feedback and questions. You are solely responsible for any information you voluntarily provide to us that has not been solicited. ### **B. Information Collected Automatically** We collect the following information automatically: * **Wallet Address**: We may collect the wallet address you use to connect to the Services, particularly to manage wallets associated with certain activities and to enhance user experience. * **Device Information**: We collect data about the device used to access the Services, such as device type, operating system, and browser type, to optimize and troubleshoot. * **Usage Information**: We may collect information about how you interact with the Services, including pages visited, features used, and actions taken. This information helps us continuously improve the user experience. ## 2. Use of Information We may collect and use information for the following business purposes: * **Operating and Managing Services**: To provide you with access to the Services, respond to inquiries, send updates, enforce our Terms, detect and prevent fraud, and comply with legal obligations. * **Improving Services**: To analyze user behavior and improve Services for a better user experience. * **Security and Compliance**: To maintain the security and integrity of the Services and comply with applicable laws and legal processes. * **Consent**: To fulfill purposes for which we have obtained your explicit consent. We may use aggregated or de-identified information for any purpose, as allowed by law. ## 3. Sharing and Disclosure of Information We may share or disclose information as follows: * **Service Providers**: We may share information with third-party providers for services such as security, analytics, and IT. These providers only act on our behalf. * **Affiliates and Advisors**: We may share information with affiliates and professional advisors for audits and compliance. * **Aggregated Information**: We may share non-identifiable information as allowed by law. ## 4. Third-Party Services Our Services may include links or integrations to third-party websites or services. We are not responsible for the privacy practices of these third parties, and your interactions with them are subject to their own privacy policies. ## 5. Cookies Policy We do not use cookies directly. However, third-party services integrated with our platform may use cookies. Please review their privacy policies for details on their cookie practices. ## 6. Analytics We may use third-party analytics tools to understand how users engage with the Services, which helps us improve functionality. You may opt-out of certain tracking by adjusting your browser settings or using privacy tools. ## 7. Data Security We implement reasonable measures to protect your information from unauthorized access, loss, or misuse. However, internet transmission is never completely secure, and we cannot guarantee absolute security. ## 8. Data Retention We retain information as long as necessary for the purposes outlined in this Privacy Policy or as required by law. If you request deletion, we may retain certain information for legal, tax, or regulatory purposes. ## 9. International Transfers Information collected through the Services may be transferred to and processed in jurisdictions with different data protection laws. By using our Services, you consent to these transfers. ## 10. Children The Services are intended for users who can legally enter into contracts. We do not knowingly collect personal information from children. If you believe we have done so, please contact us to remove the information. ## 11. Changes to This Privacy Policy We reserve the right to update this Privacy Policy at any time. Any changes will be posted on this page, and your continued use of the Services indicates acceptance of the new terms. ## 12. Contact Us If you have questions or comments about this Privacy Policy, please contact us at .