# EVEDEX Whitepaper

The modern crypto market lacks quality and simple solutions that can help people get rich and achieve life-changing success. For years, the cryptocurrency audience has been convinced that to be successful, they simply need to invest in a specific coin—without being warned about the risks.

At the same time, major players prevent users from peacefully earning their Bitcoin and Ether. Deposit leaks, account freezes, clunky interfaces, slow speeds—it seems like someone big out there simply doesn't want more people to rise.

That's why at EVEDEX, we are developing an ecosystem of services that allows every user to focus on the most important thing—**making money**—while worrying about nothing else.

At EVEDEX, we believe the only way to achieve life-changing success is through consistent work and education. We focus on providing services for smart trading, education, and offer trading opportunities with crypto assets that have been tested by time and the market.

Low fees, a convenient and sleek interface, high speeds, security, and a reliable team—you don't need anything else but yourself to **achieve success**.


# Glossary

**Layer 2 (L2)** — Second-layer network built on top of Ethereum's main blockchain to improve scalability, reduce transaction costs, and speed up transactions

**Optimistic Rollup** — L2 solution type used by EVEDEX for high throughput and low fees.

**Sequencer** — In Layer 2 networks, a node or set of nodes responsible for ordering transactions and producing blocks, ensuring efficient processing and consensus.

**Account Abstraction (AA)** — The blockchain technology concept that allows for more flexible and programmable account management. AA simplifies user interactions with blockchain by making wallets more user-friendly and secure without needing complex technical steps.

**Social Recovery** — A security mechanism where trusted contacts or devices can help a user recover access to their account in case of lost private keys, enhancing account security.

**Rewards Program** — Set of activities for EVEDEX ecosystem users aimed at ecosystem popularization through user engagement in various rewarded activities.

**Reward Points** — Internal points awarded to users for various community or protocol activities.

**Protocol Fees** — Charges on each transaction or trade in EVEDEX ecosystem. Collected automatically through smart-contracts and stored in the Treasury.

**Perpetual Futures** — Derivative contracts without expiration dates allow traders to hold positions indefinitely.

**Copy Trading** — A feature that allows users to automatically replicate the trades and strategies of otherexperienced traders. This enables less experienced users to benefit from the expertise of seasoned traders.

**Slippage** — The difference between the expected price of a trade and the price at which the trade is executed.

**Gas Fees** — Transaction fees paid to network validators for processing transactions on the blockchain.

**Arbitrum Orbit** — The technology stack used by Arbitrum for their Layer 2 and Layer 3 solutions, which EVEDEX builds upon.

**Arbitrum Nova** — A Layer 2 scaling solution built on top of Ethereum, designed to increase transaction throughput and reduce fees. It uses the AnyTrust model to achieve scalability while maintaining security.

**AnyTrust Model** — A security model used in Layer 2 solutions where data availability is ensured as long as at least one member of the Data Availability Committee (DAC) is honest. It optimizes for scalability and low fees.

**Data Availability Committee (DAC)** — A group of trusted entities responsible for ensuring the availability and integrity of transaction data in Layer 2 networks using the AnyTrust model.

**Nitro Stack** — The technology stack used by Arbitrum to build scalable Layer 2 solutions, offering enhanced performance and full compatibility with Ethereum's Virtual Machine (EVM).

**Matching Engine** — The system that matches buy and sell orders on a trading platform, executing trades based on price-time priority to ensure fair and efficient markets.

**DXmatch Technology** — A high-performance matching engine technology used by EVEDEX to deliver centralized exchange-level performance within a decentralized environment.

**Session-Based Trading** — A feature allowing users to create temporary sessions with specific permissions, enabling smoother trading experiences without constant re-authentication.

**Non-Custodial Storage** — A system where users maintain full control over their assets and private keys, with no central authority holding custody, aligning with decentralization principles.

**Permissionless Output Proposals (PoPs)** — A mechanism allowing any user to initiate fund withdrawals from Layer 2 to Layer 1, enhancing decentralization and security in the event of sequencer failure.

**Ethereum Virtual Machine (EVM)** — The runtime environment for smart contracts in Ethereum, allowing developers to create decentralized applications (dApps) that run on the Ethereum blockchain.

**EVM+** — An enhanced version of the Ethereum Virtual Machine that supports additional programming languages and features, enabling more complex smart contract functionalities beyond standard EVM capabilities.


# Letter from the Founders

Our big journey in the cryptocurrency universe was not a lovely holiday trip but a complicated experience. In 2020, one of us had a cruel wake-up call when a centralized exchange locked accounts without warning, blocked funds, and responded to inquiries with polite but general phrases. That forced us to step back and ask why this keeps happening. People who believe in blockchain technology are paying a higher price for its failures, right?

The deeper we looked, the more we realized how far things had strayed from the original promise of cryptocurrency. What started as a movement for financial freedom and personal control has been turned upside down by systems built to favor a few at the expense of everyone else. Centralized platforms demand trust but often don’t deserve it. Meanwhile, regular users are left out—scammed by shady projects or blocked from tools and opportunities only the big players can afford.

We decided we couldn’t accept this as the norm. What if there were a platform where anyone could trade securely without worrying about hidden risks or unfair advantages? What if someone would truly put users first? When we couldn’t find a platform like that, we built it ourselves.

That’s how EVEDEX came to be. It’s the exchange we always wished existed—a platform built on fairness, transparency, and putting power back into the hands of users. At EVEDEX, we focus on three simple principles:

1. **Keep It Simple and Reliable**: Trading shouldn’t feel like a chore or require a PhD. We’ve designed a platform that’s easy to use, whether you’re just getting started or have years of experience.
2. **Protect Your Privacy**: Your data should stay yours. On our platform, you can trade without giving up your personal information or being tracked unnecessarily.
3. **Make It Fair for Everyone**: It doesn’t matter if you’re starting with $50 or $5 million—you get the same access to powerful tools, clear resources, and features like copy trading to help you succeed.

EVEDEX is more than a platform—it’s a step toward taking back control. We want to create a space where trust is earned, not assumed, and where everyone has the same opportunities to succeed.

We’re proud of what we’ve built, but we know it’s just the beginning. We’d love for you to join us in shaping the future of trading—one that works for everyone, not just a few.

Sincerely,\
The EVEDEX Founding Team


# Industry Trends & Development Strategy

The cryptocurrency industry is rapidly evolving, and EVEDEX is at the forefront of these changes. We closely monitor key trends to adapt our strategies and maximize benefits brought by new opportunities:

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### Decentralized Finance (DeFi) & DEXs Interest Growth

<figure><img src="/files/W60vyfHAp9ZUOy1zImAK" alt=""><figcaption></figcaption></figure>

* The total value locked (TVL) in DeFi protocols has grown significantly in recent years, reaching tens of billions of dollars.
* Decentralized exchanges (DEXs) show record trading volumes, competing with traditional centralized platforms.
* Users increasingly value the control over their assets and transparency of operations provided by DeFi.

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***EVEDEX Strategy***

*We aim to create a trading infrastructure, giving users maximum control over their funds.*
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### Increasing Demand for Derivatives

<figure><img src="/files/f2274fXtyO9AfFa5oinE" alt=""><figcaption></figcaption></figure>

* The trading volume of cryptocurrency derivatives has exceeded the spot market, demonstrating growing interest in complex financial instruments
* Institutional investors are actively entering the crypto derivatives market, seeking new opportunities for hedging and speculation
* Innovative products such as perpetual swaps and synthetic assets are emerging, expanding the range of trading instruments

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***EVEDEX Strategy***

*We are developing various derivative products, including perpetual futures and options, to meet the growing demand. Our platform provides tools for both retail and institutional traders.*
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### Cambrian Explosion of L2/3 Solutions

* The growing popularity of DeFi and NFTs has led to congestion on major blockchains, causing increased fees and transaction delays
* Layer 2 solutions, such as Optimistic Rollups and ZK-Rollups, offer significant scalability improvements without compromising security.
* Major projects and exchanges actively integrate Layer 2/3 solutions to improve user experience.

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***EVEDEX Strategy***

*We implement advanced Layer 3 technologies, specifically leveraging Nitro Tech Stack and Arbitrum's Orbit ecosystem, in our architecture, ensuring high transaction speeds and low fees. This allows us to offer users an experience comparable to centralized exchanges while maintaining the advantages of decentralization.*
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### Increased Focus on Security & Privacy

<figure><img src="/files/brrRjiW3Gga0tQRot9dm" alt=""><figcaption><p>Total Value Hacked (by DeFiLlama) - <a href="https://defillama.com/hacks">https://defillama.com/hacks</a></p></figcaption></figure>

1. After a series of major hacks and data leaks, users have become more conscious about the security of their assets.
2. There is a growing demand for solutions that ensure transaction privacy without violating regulatory requirements.

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***EVEDEX Strategy***

*We invest significant resources in developing advanced security systems, implementing innovative solutions to protect user privacy, and ensuring maximum simple and convenient control over assets, including social recovery systems and decentralized dispute resolution.*
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### Growing Importance of Decentralized Governance

1. DAOs (Decentralized Autonomous Organizations) are becoming increasingly popular as a governance model for crypto projects.
2. Users expect greater transparency and the ability to influence the development of platforms they use.

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***EVEDEX Strategy***

*We are developing a comprehensive governance system that allows users to participate in the platform's future decision-making actively.*
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# Market Challenges & User Demands

To ensure our platform addresses real user needs, we conducted comprehensive market research and customer development, diving into data-driven analytics to understand the challenges faced by DeFi users today. These efforts provided critical insights into the most pressing issues—such as transaction costs, scalability, and security—that affect user experience and slow broader adoption.

By aligning our strategy with these findings, we mapped user demands for a faster, cost-effective, and more intuitive experience, providing a foundation to develop solutions that cater to these requirements. Ultimately, this chapter serves as a roadmap for understanding and addressing the market dynamics that shape user expectations in DeFi.

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### Safety & Security

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#### Market challenge

Crypto exchange markets, including both centralized exchanges (CEXs) and decentralized exchanges (DEXs), have a range of different safety and security challenges for users. CEXs in general require users to share access to or give full control of their assets and private data, which increases the risks of data theft or hacking.

On the other hand, decentralized exchanges (DEXs) provide users more control over their assets with non-custodial wallet access and fewer personal data requirements. However, DEXs are not immune to security issues as well. While they are less susceptible to single points of failure, they face risks such as smart contract vulnerabilities, phishing attacks, social engineering, and the potential for exploitation by scammers.​

In both cases, security issues can lead to severe consequences for users, including loss of funds and exposure of personal data..
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#### **User** **Demand**

Users are concerned about security issues and their privacy simultaneously, which makes them swap between centralized or decentralized exchanges depending on their current needs. Users look into the CEX space for features like multi-factor authentication and cold storage of assets, expecting in case of emergency to make a complaint to CEX management or protect their customers\` rights in court. Users usually choose decentralized exchanges for better privacy and full control of their assets.​

Users seek full control over their assets, minimization of risks, and the ability to trade without intermediaries. They want to be confident that their funds are secure and accessible anytime.
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### Equal Opportunities & Accessibility

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#### Market challenge

Many individuals worldwide feel insecure about and have trust issues with financial services based on their previous experience with volatile local currencies, weak banking systems, and endless financial crises. Moreover, investment and trading services remain the privilege of experienced investors with significant capital, while users in certain regions are cut out of access to the world economy ecosystem and its opportunities vital for a financially sustainable life.
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#### **User** **Demand**

Users seek a platform to cut these gaps by providing equal access to modern financial services, regardless of geographic location or local economic issues. In constant search for a new audience, FinTech products have had to become an alternative to unstable local financial systems, offering new financial opportunities without opposing regulatory frameworks.
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### Service Variety & Regulatory Flexibility

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#### Market challenge:

Many platforms implement overly strict KYC/AML procedures and can restrict access to the services for certain users to follow regulation practices. At the same time, completely anonymous platforms not only raise suspicions from regulators but also need a better variety of financial instruments common to the traditional market.
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#### User Demand

Users value the privacy of their data and operations but also want to remain within legal boundaries. They seek various financial services on one platform with a customizable transparency level they can adjust depending on their needs.
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### Education & User Experience

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#### Market challenge

Many exchanges have complex, technically overloaded interfaces that deter newcomers and hinder mass adoption. The lack of quality, structured educational resources leads to new users making mistakes and incurring financial losses.
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#### User Demand

Traders of all levels require intuitive interfaces and comprehensive educational resources. Beginners want to easily enter the world of crypto trading, while experienced users seek in-depth materials on complex strategies.
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### Trading Performance & Transparency

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#### Market challenge

Many decentralized platforms experience low performance, especially during periods of high volatility. This leads to delays in order execution and significant slippage. Copy trading systems are often non-transparent and susceptible to manipulation ("leading" traders can exploit their position at the expense of followers).
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#### User Demand

Traders demand high order execution speed, minimal slippage, and fair conditions for all market participants, including users of copy trading systems.
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### Governance Participation & Trading Tool Diversity

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#### Market challenge

Most platforms are centrally managed by a small group of individuals, ignoring the community's opinion. The limited choice of trading instruments on many DEXs does not allow for complex trading strategies, discouraging advanced users.
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#### User Demand

Users want a real voice in the platform's development and access to various trading instruments, including derivatives, synthetic assets, and new financial products.
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EVEDEX aims to address these issues, creating a comprehensive ecosystem combining the advantages of decentralized finance with the convenience of centralized solutions. Our goal is to provide every user, from novice to professional, with the tools and knowledge necessary for successful trading in the cryptocurrency market while ensuring a high level of security, privacy, and fairness, regardless of their location or capital size.
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# Competitive Landscape & Market Potential

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[Market Potential Overview](/introduction/competitive-landscape-and-market-potential/market-potential-overview)
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[Key Competitors](/introduction/competitive-landscape-and-market-potential/key-competitors)
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# Market Potential Overview

EVEDEX is well-positioned to capitalize on this growth. By addressing key pain points in existing solutions and offering innovative features, we aim to capture a significant part of the market growth share within the first two years of operation.

The crypto market has matured significantly over the past decade, evolving from a highly volatile, speculative environment into a more stable and institutionalized financial sector. This evolution, combined with anticipated regulatory clarity in the US following the 2024 elections and the approval of spot ETFs across various digital assets, suggests a more favorable environment for growth post-2025. The market continues to present substantial business opportunities, with institutional adoption accelerating and traditional finance increasingly embracing digital assets. These developments, coupled with an overwhelming pace of technological innovation and market expansion, indicate strong growth potential:

* The global cryptocurrency market continues its rapid expansion, with its current market capitalization standing at approximately $2.8 trillion as of March 2025. Analysts predict substantial growth in the coming years, with projections ranging from $8 trillion to $10 trillion by 2028.
* Decentralized derivatives platforms are expected to capture a significant portion of this growth, with projections suggesting they could account for up to 25% of total derivatives volume by 2026.
* The decentralized derivatives market has shown explosive growth, with TVL growth from $1.819b on the 1st of January 2024 to $5.196b in November 2024
* In the same time perpetual contracts have seen tremendous adoption, often accounting for over 75% of total crypto derivatives volume


# Key Competitors

<table data-full-width="true"><thead><tr><th width="232"></th><th width="364"></th><th width="312" align="center">dYdX</th><th width="296" align="center">HyperLiquid</th><th width="239" align="center">GMX</th><th width="261" align="center">AEVO</th><th width="277" align="center">ByBit</th><th width="329" align="center">Binance</th></tr></thead><tbody><tr><td><mark style="background-color:purple;"><strong>Core Focus</strong></mark></td><td><em><mark style="color:purple;">Platform's Primary</mark></em><br><em><mark style="color:purple;">Purpose</mark></em></td><td align="center">Perpetual contracts, derivatives</td><td align="center">Decentralized futures trading</td><td align="center">Spot and derivatives</td><td align="center">Options and derivatives</td><td align="center">Spot, futures, P2P</td><td align="center">Comprehensive cryptocurrency trading</td></tr><tr><td><mark style="background-color:purple;"><strong>Underlying Blockchain</strong></mark></td><td><em><mark style="color:purple;">Specific Blockchain</mark></em><br><em><mark style="color:purple;">or Layer2 used</mark></em></td><td align="center">dYdX Chain (StarkEx on Ethereum)</td><td align="center">HyperLiquid Layer 1 (EVM-compatible)</td><td align="center">Arbitrum</td><td align="center">Ethereum</td><td align="center">Proprietary infrastructure</td><td align="center">Proprietary infrastructure</td></tr><tr><td><mark style="background-color:purple;"><strong>Key Tokens Supported</strong></mark></td><td><em><mark style="color:purple;">Range of</mark></em><br><em><mark style="color:purple;">Supported Assets</mark></em></td><td align="center">ETH, BTC, USDC</td><td align="center">BTC, ETH, AVAX, BNB, MATIC</td><td align="center">BTC, ETH, LINK, UNI</td><td align="center">ETH, BTC</td><td align="center">BTC, ETH, USDT, BNB, SOL</td><td align="center">BTC, ETH, BNB, SOL, USDT</td></tr><tr><td><mark style="background-color:purple;"><strong>Governance &#x26; Token</strong></mark></td><td><em><mark style="color:purple;">Governance Mechanism</mark></em><br><em><mark style="color:purple;">&#x26; Token Utility</mark></em></td><td align="center"><a href="https://coinmarketcap.com/currencies/dydx-chain/"><strong>$DYDX</strong></a></td><td align="center"><a href="https://coinmarketcap.com/currencies/hyperliquid/"><strong>$HYPE</strong></a></td><td align="center"><a href="/spaces/uvuPa3tR55qb2Sr8GDyk"><strong>$GMX</strong></a></td><td align="center"><a href="https://coinmarketcap.com/currencies/aevo/"><strong>$AEVO</strong></a></td><td align="center">None</td><td align="center"><a href="https://coinmarketcap.com/currencies/bnb/"><strong>$BNB</strong></a></td></tr><tr><td><mark style="background-color:purple;"><strong>Leverage Options</strong></mark></td><td><em><mark style="color:purple;">Maximum Leverage</mark></em><br><em><mark style="color:purple;">Allowed</mark></em></td><td align="center">Up to 20x</td><td align="center">Cross and isolated margin</td><td align="center">Up to 50x</td><td align="center">Up to 100x</td><td align="center">Up to 100x</td><td align="center">Up to 125x</td></tr><tr><td><mark style="background-color:purple;"><strong>Options Trading</strong></mark></td><td><em><mark style="color:purple;">Options Trading</mark></em><br><em><mark style="color:purple;">Support</mark></em></td><td align="center">No</td><td align="center">No</td><td align="center">No</td><td align="center">Yes</td><td align="center">Yes</td><td align="center">Yes</td></tr><tr><td><mark style="background-color:purple;"><strong>Cross-chain</strong></mark></td><td><em><mark style="color:purple;">Cross-chain</mark></em><br><em><mark style="color:purple;">Interoperability</mark></em></td><td align="center">Planned (via StarkNet)</td><td align="center">Supported via LayerZero</td><td align="center">No</td><td align="center">No</td><td align="center">No</td><td align="center">No</td></tr><tr><td><mark style="background-color:orange;"><strong>Trading Fees</strong></mark></td><td><em><mark style="color:orange;">Structure</mark></em><br><em><mark style="color:orange;">&#x26; Range of Fees</mark></em></td><td align="center"></td><td align="center"></td><td align="center"></td><td align="center"></td><td align="center"></td><td align="center"></td></tr><tr><td><mark style="background-color:orange;"><strong>Maker Fee</strong></mark></td><td><em><mark style="color:orange;">Fees for Placing</mark></em><br><em><mark style="color:orange;">Limit Orders</mark></em></td><td align="center">0.00% to 0.05%</td><td align="center">~0.01%</td><td align="center">0.00%</td><td align="center">0.02%</td><td align="center">0.01%</td><td align="center">0.02%</td></tr><tr><td><mark style="background-color:orange;"><strong>Taker Fee</strong></mark></td><td><em><mark style="color:orange;">Fees for Executing</mark></em><br><em><mark style="color:orange;">Market Orders</mark></em></td><td align="center">0.05%</td><td align="center">~0.03%</td><td align="center">0.10%</td><td align="center">0.05%</td><td align="center">0.06%</td><td align="center">0.04%</td></tr><tr><td><mark style="background-color:orange;"><strong>Fee Discounts</strong></mark></td><td><p><em><mark style="color:orange;">Discounts Based on</mark></em></p><p><em><mark style="color:orange;">Staking or Token Usage</mark></em></p></td><td align="center">Based on trading volume</td><td align="center">Yes, via staking rewards</td><td align="center">Staking GMX</td><td align="center">None</td><td align="center">VIP levels, token-based</td><td align="center">VIP levels, BNB holding</td></tr><tr><td><mark style="background-color:orange;"><strong>Token Fee Payment</strong></mark></td><td><em><mark style="color:orange;">Ability to Pay Fees</mark></em><br><em><mark style="color:orange;">in Platform Tokens</mark></em></td><td align="center">No</td><td align="center">Yes, HYPE token</td><td align="center">No</td><td align="center">No</td><td align="center">Yes</td><td align="center">Yes</td></tr><tr><td><mark style="background-color:orange;"><strong>Fee Sharing</strong></mark></td><td><em><mark style="color:orange;">Fee Redistribution</mark></em><br><em><mark style="color:orange;">to Token Holders</mark></em></td><td align="center">Yes, via DYDX token staking</td><td align="center">Yes</td><td align="center">Yes</td><td align="center">No</td><td align="center">No</td><td align="center">Yes</td></tr><tr><td><mark style="background-color:orange;"><strong>Platform-Specific Fees</strong></mark></td><td><em><mark style="color:orange;">Special Fees Specific to Platform</mark></em></td><td align="center">No</td><td align="center">No</td><td align="center">Low fees for perpetuals</td><td align="center">Options-related fees</td><td align="center">None</td><td align="center">Dynamic based on tier</td></tr><tr><td><mark style="background-color:orange;"><strong>Cross-Chain Fees</strong></mark></td><td><em><mark style="color:orange;">Fees for using cross-chain functionality</mark></em></td><td align="center">No</td><td align="center">Minimal, via LayerZero</td><td align="center">No</td><td align="center">No</td><td align="center">No</td><td align="center">No</td></tr><tr><td><mark style="background-color:orange;"><strong>Withdrawal Fees</strong></mark></td><td><em><mark style="color:orange;">Based on blockchain-specific costs</mark></em></td><td align="center">Gas fees only</td><td align="center">Minimal</td><td align="center">Gas fees</td><td align="center">Gas fees</td><td align="center">Fixed or dynamic</td><td align="center">Fixed or dynamic</td></tr><tr><td><mark style="background-color:green;"><strong>Order Types</strong></mark></td><td><em><mark style="color:green;">Available order types</mark></em></td><td align="center">Market, limit, stop-loss, take-profit</td><td align="center">Market, limit, conditional</td><td align="center">Market, limit, stop-loss, conditional</td><td align="center">Market, limit, stop-loss, conditional</td><td align="center">Market, limit, stop-loss, conditional</td><td align="center">Market, limit, stop-loss, trailing, batch</td></tr><tr><td><mark style="background-color:green;"><strong>Limit Orders</strong></mark></td><td><em><mark style="color:green;">Orders to buy/sell at a specific price</mark></em></td><td align="center">Supported, customizable price levels</td><td align="center">Supported, highly responsive</td><td align="center">Supported</td><td align="center">Supported</td><td align="center">Supported</td><td align="center">Supported</td></tr><tr><td><mark style="background-color:green;"><strong>Market Orders</strong></mark></td><td><em><mark style="color:green;">Orders executed at the current market price</mark></em></td><td align="center">Instant execution at market price</td><td align="center">Instant execution with minimal slippage</td><td align="center">Instant execution</td><td align="center">Instant execution</td><td align="center">Instant execution</td><td align="center">Instant execution</td></tr><tr><td><mark style="background-color:green;"><strong>Stop-Loss Orders</strong></mark></td><td><em><mark style="color:green;">Automatic exit when price reaches a set level</mark></em></td><td align="center">Fully supported for risk management</td><td align="center">Supported with flexible settings</td><td align="center">Fully supported</td><td align="center">Fully supported</td><td align="center">Fully supported</td><td align="center">Fully supported</td></tr><tr><td><mark style="background-color:green;"><strong>Take-Profit Orders</strong></mark></td><td><em><mark style="color:green;">Locking profits by closing a position at a specific price</mark></em></td><td align="center">Supported as standalone or combo with Stop-Loss</td><td align="center">Supported with multi-condition options</td><td align="center">Supported</td><td align="center">Supported</td><td align="center">Supported</td><td align="center">Supported</td></tr><tr><td><mark style="background-color:green;"><strong>Conditional Orders</strong></mark></td><td><em><mark style="color:green;">Triggered by specific conditions</mark></em></td><td align="center">Yes, with advanced triggers</td><td align="center">Yes, tailored for futures and margin trading</td><td align="center">Limited functionality</td><td align="center">Advanced triggers for options trading</td><td align="center">Yes</td><td align="center">Yes</td></tr><tr><td><mark style="background-color:green;"><strong>Trailing Stop Orders</strong></mark></td><td><em><mark style="color:green;">Dynamic adjustment based on price movement</mark></em></td><td align="center">Not supported</td><td align="center">Fully supported with real-time adjustment</td><td align="center">Not supported</td><td align="center">Yes, dynamic adjustment available</td><td align="center">Fully supported</td><td align="center">Fully supported</td></tr><tr><td><mark style="background-color:green;"><strong>Post-Only Orders</strong></mark></td><td><em><mark style="color:green;">Ensures placement as a maker order only</mark></em></td><td align="center">Supported to ensure no taker fees</td><td align="center">Supported to prioritize maker role</td><td align="center">Not supported</td><td align="center">Supported with fee optimizations</td><td align="center">Fully supported</td><td align="center">Fully supported</td></tr><tr><td><mark style="background-color:green;"><strong>Time-in-Force Options</strong></mark></td><td><em><mark style="color:green;">Options to control order duration</mark></em></td><td align="center">GTC (Good-Till-Cancel), IOC (Immediate-Or-Cancel)</td><td align="center">Multiple options including FOK, GTC, IOC</td><td align="center">Not supported</td><td align="center">GTC and IOC supported</td><td align="center">Fully customizable</td><td align="center">Fully customizable</td></tr><tr><td><mark style="background-color:green;"><strong>Batch Orders</strong></mark></td><td><em><mark style="color:green;">Multiple orders executed in one transaction</mark></em></td><td align="center">Not supported</td><td align="center">Supported for institutional-grade efficiency</td><td align="center">Not supported</td><td align="center">Not supported</td><td align="center">Supported for reducing latency in large trades</td><td align="center">Supported for reducing latency in large trades</td></tr><tr><td><mark style="background-color:yellow;"><strong>Liquidity Mechanism</strong></mark></td><td><em>Primary method for liquidity provision</em></td><td align="center">Decentralized liquidity pools</td><td align="center">Hybrid mechanism with LayerZero integration</td><td align="center">Liquidity pools, supported by LP staking</td><td align="center">High-speed order book with centralized LPs</td><td align="center">Centralized order book</td><td align="center">Centralized order book</td></tr><tr><td><mark style="background-color:yellow;"><strong>Partially decentralized, with professional MM</strong></mark></td><td><em>Who provides the liquidity</em></td><td align="center">Active, uses proprietary MM protocols</td><td align="center">Automated MM via liquidity providers</td><td align="center">Hybrid system with MM and dynamic pricing</td><td align="center">Active MM participation</td><td align="center">Extensive professional MM network</td><td align="center"></td></tr><tr><td><mark style="background-color:yellow;"><strong>Slippage Management</strong></mark></td><td><em>How slippage is handled</em></td><td align="center">Low, optimized via StarkEx rollups</td><td align="center">Minimal, advanced slippage mitigation tools</td><td align="center">Moderate, relies on pool liquidity</td><td align="center">Low, advanced matching algorithms</td><td align="center">Minimal slippage with large liquidity pools</td><td align="center">Minimal slippage with large liquidity pools</td></tr><tr><td><mark style="background-color:yellow;"><strong>Collateral Structure</strong></mark></td><td><em>Supported collateral types</em></td><td align="center">USDC as primary collateral</td><td align="center">Multi-token collateral supported</td><td align="center">Multi-token, native token incentivized</td><td align="center">ETH and stablecoins as collateral</td><td align="center">USDT and other stablecoins primarily</td><td align="center">USDT, BUSD, and other stablecoins primarily</td></tr><tr><td><mark style="background-color:yellow;"><strong>Impermanent Loss</strong></mark></td><td><em>Risk of impermanent loss in AMMs</em></td><td align="center">Not applicable</td><td align="center">Mitigated via active liquidity management</td><td align="center">Moderate risk for liquidity providers</td><td align="center">Not applicable</td><td align="center">Not applicable</td><td align="center">Not applicable</td></tr><tr><td><mark style="background-color:yellow;"><strong>Transaction Costs</strong></mark></td><td><em>Associated transaction costs</em></td><td align="center">Low, gas fees optimized through L2</td><td align="center">Low, Layer 1 optimized</td><td align="center">Gas fees depend on Arbitrum network</td><td align="center">Standard Ethereum gas fees</td><td align="center">Competitive trading fees, fixed withdrawal fees</td><td align="center">Competitive trading fees, fixed withdrawal fees</td></tr><tr><td><mark style="background-color:yellow;"><strong>Liquidity Incentives</strong></mark></td><td><em>Incentives for liquidity providers</em></td><td align="center">Staking rewards for DYDX token holders</td><td align="center">Dynamic rewards for liquidity providers</td><td align="center">GMX token rewards and revenue share</td><td align="center">None</td><td align="center">Fee rebates for high-volume traders</td><td align="center">Fee discounts and token-based incentives</td></tr><tr><td><mark style="background-color:yellow;"><strong>Order Execution Speed</strong></mark></td><td><em>Speed of executing trades</em></td><td align="center">Fast, L2 rollup technology</td><td align="center">Instant execution with minimal latency</td><td align="center">Near-instant execution on Arbitrum</td><td align="center">Quick execution, Ethereum network dependent</td><td align="center">High-speed execution with proprietary systems</td><td align="center">High-speed execution with proprietary systems</td></tr><tr><td><mark style="background-color:yellow;"><strong>Cross-Chain Liquidity</strong></mark></td><td><em>Liquidity across multiple chains</em></td><td align="center">Planned integration via StarkNet</td><td align="center">Supported via LayerZero</td><td align="center">Not supported</td><td align="center">Not supported</td><td align="center">Not supported</td><td align="center">Limited via Binance Chain</td></tr><tr><td><mark style="background-color:yellow;"><strong>Collateral Type</strong></mark></td><td><em>Assets accepted as collateral</em></td><td align="center">Crypto-based (USDC, ETH, BTC)</td><td align="center">Crypto collateral (stablecoins, tokens)</td><td align="center">Crypto-based (ETH, BTC, stablecoins)</td><td align="center">Crypto and stablecoins</td><td align="center">Crypto-based</td><td align="center">Crypto-based</td></tr><tr><td><mark style="background-color:yellow;"><strong>Insurance Pool</strong></mark></td><td><em>Dedicated funds for covering platform risks</em></td><td align="center">No direct insurance pool, risk managed via staking</td><td align="center">Yes, dedicated insurance fund</td><td align="center">Yes, with dedicated liquidity pools</td><td align="center">Not explicitly defined</td><td align="center">Yes, large insurance fund for emergencies</td><td align="center">Yes, large insurance fund for emergencies</td></tr><tr><td><mark style="background-color:yellow;"><strong>Liquidation Mechanism</strong></mark></td><td><em>How positions are liquidated</em></td><td align="center">Automatic, based on collateral thresholds</td><td align="center">Automatic, advanced real-time risk models</td><td align="center">Automated with clear thresholds</td><td align="center">Smart contract-driven liquidation</td><td align="center">Automated liquidation engines</td><td align="center">Automated liquidation engines</td></tr><tr><td><mark style="background-color:yellow;"><strong>Partial Liquidation</strong></mark></td><td><em>Partial liquidation to avoid full losses</em></td><td align="center">Yes, partial liquidation to protect positions</td><td align="center">Yes, prioritizes minimizing loss</td><td align="center">No, full liquidation on threshold breach</td><td align="center">Yes, supports partial liquidations</td><td align="center">Yes, advanced partial liquidation system</td><td align="center">Yes, advanced partial liquidation system</td></tr><tr><td><mark style="background-color:yellow;"><strong>Overcollateralization</strong></mark></td><td><em>Ensures solvency of positions</em></td><td align="center">Required for all positions</td><td align="center">Flexible, determined by token risk profile</td><td align="center">Required for perpetuals and margin trades</td><td align="center">Strict, ETH-focused overcollateralization</td><td align="center">Required for margin trades</td><td align="center">Required for margin trades</td></tr><tr><td><mark style="background-color:yellow;"><strong>Stability Mechanisms</strong></mark></td><td><em>Systems ensuring market stability</em></td><td align="center">Advanced margin and risk controls</td><td align="center">Dynamic mechanisms tied to insurance fund</td><td align="center">Revenue sharing mitigates risk for providers</td><td align="center">Collateral-focused stabilization</td><td align="center">Risk models and high liquidity</td><td align="center">Risk models and high liquidity</td></tr><tr><td><mark style="background-color:yellow;"><strong>Coverage for Traders</strong></mark></td><td><em>Insurance benefits for traders</em></td><td align="center">Limited, reliant on user-staked reserves</td><td align="center">Yes, backed by insurance pool</td><td align="center">Yes, backed by GMX liquidity pools</td><td align="center">No specific coverage mechanism</td><td align="center">Extensive coverage with reserve fund</td><td align="center">Extensive coverage with reserve fund</td></tr><tr><td><mark style="background-color:yellow;"><strong>Default Risk Mitigation</strong></mark></td><td><em>Handling failures</em></td><td align="center">Managed via overcollateralization and liquidation</td><td align="center">Actively managed with real-time monitoring</td><td align="center">Relies on pool performance and token incentives</td><td align="center">Managed via strict collateral requirements</td><td align="center">Insurance fund and real-time risk assessments</td><td align="center">Insurance fund and real-time risk assessments</td></tr><tr><td><mark style="background-color:blue;"><strong>Staking Rewards</strong></mark></td><td><em><mark style="color:blue;">Benefits for token holders/stakers</mark></em></td><td align="center"></td><td align="center"></td><td align="center"></td><td align="center"></td><td align="center"></td><td align="center"></td></tr><tr><td><mark style="background-color:blue;"><strong>Reward Type</strong></mark></td><td><em><mark style="color:blue;">Types of staking rewards</mark></em></td><td align="center">DYDX token rewards</td><td align="center">Native token rewards</td><td align="center">GMX and escrowed GMX (esGMX)</td><td align="center">Not specified, likely no rewards</td><td align="center">BYBIT token rewards</td><td align="center">BNB rewards via staking and savings products</td></tr><tr><td><mark style="background-color:blue;"><strong>APY (Approx)</strong></mark></td><td><em><mark style="color:blue;">Annual percentage yield for staking</mark></em></td><td align="center">5-10%, depends on staking pool</td><td align="center">Competitive rates, dynamic based on performance</td><td align="center">~8-15% depending on liquidity pool</td><td align="center">No staking rewards</td><td align="center">~5-8% on average</td><td align="center">~3-20% depending on product</td></tr><tr><td><mark style="background-color:blue;"><strong>Lockup Period</strong></mark></td><td><em><mark style="color:blue;">Minimum holding period for rewards</mark></em></td><td align="center">No mandatory lockup, but rewards accrue over time</td><td align="center">Flexible, user-defined</td><td align="center">No lockup for GMX, but esGMX has vesting</td><td align="center">No staking, hence no lockup</td><td align="center">Lockup periods vary across products</td><td align="center">Lockup periods vary across products</td></tr><tr><td><mark style="background-color:blue;"><strong>Reward Distribution Frequency</strong></mark></td><td><em><mark style="color:blue;">How often rewards are distributed</mark></em></td><td align="center">Weekly</td><td align="center">Weekly or dynamic based on performance</td><td align="center">Continuous accrual, claimable anytime</td><td align="center">Not applicable</td><td align="center">Weekly or monthly</td><td align="center">Daily to weekly</td></tr><tr><td><mark style="background-color:blue;"><strong>Fee Sharing Mechanism</strong></mark></td><td><em><mark style="color:blue;">Redistribution of platform fees</mark></em></td><td align="center">50% of trading fees shared with stakers</td><td align="center">Proportionate share of platform profits</td><td align="center">30% of platform fees shared with liquidity providers</td><td align="center">None</td><td align="center">Rebates based on trading volume</td><td align="center">Fee discounts and cashback via BNB token</td></tr><tr><td><mark style="background-color:blue;"><strong>Additional Incentives</strong></mark></td><td><em><mark style="color:blue;">Bonus benefits for stakers</mark></em></td><td align="center">Governance rights, boosted rewards for long-term</td><td align="center">Additional staking bonuses, governance rights</td><td align="center">Governance rights, boosted staking rewards</td><td align="center">None</td><td align="center">Trading fee discounts, exclusive events</td><td align="center">Exclusive events, trading fee discounts</td></tr><tr><td><mark style="background-color:blue;"><strong>Unstaking Penalty</strong></mark></td><td><em><mark style="color:blue;">Penalties for early unstaking</mark></em></td><td align="center">No penalties, but rewards forfeited if unstaked</td><td align="center">No penalties</td><td align="center">No penalties</td><td align="center">Not applicable</td><td align="center">No penalties</td><td align="center">No penalties</td></tr><tr><td><mark style="background-color:blue;"><strong>Governance Role</strong></mark></td><td><em><mark style="color:blue;">Participation in platform governance</mark></em></td><td align="center">Stakers vote on key protocol decisions</td><td align="center">Stakers participate in governance proposals</td><td align="center">GMX token holders vote on governance proposals</td><td align="center">Not specified</td><td align="center">Limited governance role for token holders</td><td align="center">Governance via BNB voting and decision-making</td></tr><tr><td><mark style="background-color:blue;"><strong>Decentralization Level</strong></mark></td><td><em><mark style="color:blue;">Degree of decentralization</mark></em></td><td align="center">High, minimal reliance on centralized infra</td><td align="center">High, with focus on user control</td><td align="center">High, fully decentralized</td><td align="center">Moderate, centralized components</td><td align="center">Low, heavily centralized</td><td align="center">Low, heavily centralized</td></tr><tr><td><mark style="background-color:blue;"><strong>Governance Mechanism</strong></mark></td><td><em><mark style="color:blue;">How governance decisions are made</mark></em></td><td align="center">Token-based voting on proposals</td><td align="center">Token-based governance</td><td align="center">Token-based governance via GMX holders</td><td align="center">Limited governance, centralized control</td><td align="center">Centralized decision-making</td><td align="center">Centralized governance with limited user input</td></tr><tr><td><mark style="background-color:blue;"><strong>Smart Contract Transparency</strong></mark></td><td><em><mark style="color:blue;">Accessibility and auditability of code</mark></em></td><td align="center">Fully transparent and open-source</td><td align="center">Transparent, partially open-source</td><td align="center">Fully open-source contracts</td><td align="center">Transparent, with public audits</td><td align="center">Partial transparency, not fully open-source</td><td align="center">Partial transparency, not fully open-source</td></tr><tr><td><mark style="background-color:blue;"><strong>Reliance on Centralized Components</strong></mark></td><td><em><mark style="color:blue;">Degree of reliance on centralized systems</mark></em></td><td align="center">Minimal, relies on decentralized infra</td><td align="center">Minimal, relies on advanced decentralization</td><td align="center">Minimal reliance, primarily decentralized</td><td align="center">Moderate, depends on central components</td><td align="center">Significant reliance on centralized systems</td><td align="center">Heavy reliance on centralized systems</td></tr><tr><td><mark style="background-color:blue;"><strong>Node Operation</strong></mark></td><td><em><mark style="color:blue;">How nodes operate in the network</mark></em></td><td align="center">Community and professional nodes operate network</td><td align="center">Operated by community participants and operators</td><td align="center">Community-driven node operation</td><td align="center">Centralized infrastructure for core functions</td><td align="center">Centralized server-based operations</td><td align="center">Centralized server-based operations</td></tr><tr><td><mark style="background-color:blue;"><strong>Voting Power Distribution</strong></mark></td><td><em><mark style="color:blue;">Token-weighted or delegated voting power</mark></em></td><td align="center">Proportional to staked DYDX tokens</td><td align="center">Proportional to token holdings</td><td align="center">Proportional to GMX and esGMX holdings</td><td align="center">Limited user participation</td><td align="center">Limited or no user voting power</td><td align="center">Limited or no user voting power</td></tr><tr><td><mark style="background-color:blue;"><strong>Protocol Upgradability</strong></mark></td><td><em><mark style="color:blue;">How upgrades are managed</mark></em></td><td align="center">Decentralized upgrades via governance proposals</td><td align="center">Governance-controlled updates</td><td align="center">Community-driven upgrade proposals</td><td align="center">Centralized updates</td><td align="center">Centralized updates</td><td align="center">Centralized updates</td></tr><tr><td><mark style="background-color:blue;"><strong>Cross-Chain Support</strong></mark></td><td><em><mark style="color:blue;">Support for operating across blockchains</mark></em></td><td align="center">Planned with StarkNet expansion</td><td align="center">Advanced cross-chain capabilities via LayerZero</td><td align="center">Limited to Arbitrum</td><td align="center">Not supported</td><td align="center">Limited cross-chain operations</td><td align="center">Limited to Binance Chain</td></tr><tr><td><mark style="background-color:blue;"><strong>Validator/Operator Role</strong></mark></td><td><em><mark style="color:blue;">Role of validators or operators in the system</mark></em></td><td align="center">Validators participate in StarkNet</td><td align="center">Validators and operators secure the network</td><td align="center">Liquidity providers act as operators indirectly</td><td align="center">Not applicable</td><td align="center">No validator roles, fully centralized</td><td align="center">No validator roles, fully centralized</td></tr><tr><td><mark style="background-color:red;"><strong>Regulatory Considerations</strong></mark></td><td><em><mark style="color:red;">Compliance &#x26; Restrictions</mark></em></td><td align="center"></td><td align="center"></td><td align="center"></td><td align="center"></td><td align="center"></td><td align="center"></td></tr><tr><td><mark style="background-color:red;"><strong>KYC/AML Requirements</strong></mark></td><td><em><mark style="color:red;">Know Your Customer &#x26; Anti-Money Laundering processes</mark></em></td><td align="center">No KYC, focused on decentralized trading</td><td align="center">No KYC, emphasizes user anonymity</td><td align="center">No KYC, aligns with decentralized principles</td><td align="center">No KYC, decentralized user access</td><td align="center">Yes, mandatory KYC for all users</td><td align="center">Yes, mandatory KYC for most users</td></tr><tr><td><mark style="background-color:red;"><strong>Compliance with Global Regulations</strong></mark></td><td><em><mark style="color:red;">Adherence to international regulatory frameworks</mark></em></td><td align="center">Operates in regulatory gray areas, no specific adherence</td><td align="center">Maintains decentralized structure, avoids strict regulations</td><td align="center">Avoids direct regulation due to decentralized model</td><td align="center">Operates in less regulated markets</td><td align="center">Licensed in select regions, complies with major regulations</td><td align="center">Licensed in most regions, complies with global regulations</td></tr><tr><td><mark style="background-color:red;"><strong>Privacy Policies</strong></mark></td><td><em><mark style="color:red;">How user data is protected</mark></em></td><td align="center">User anonymity prioritized, minimal data collected</td><td align="center">Strong focus on user privacy</td><td align="center">User data not collected</td><td align="center">Limited data collection</td><td align="center">User data collected for compliance</td><td align="center">Extensive data collection for compliance</td></tr><tr><td><mark style="background-color:red;"><strong>Region-Specific Restrictions</strong></mark></td><td><em><mark style="color:red;">Areas where Access is Restricted</mark></em></td><td align="center">Accessible globally, limited by blockchain</td><td align="center">Globally accessible, avoids specific restrictions</td><td align="center">Globally available, no explicit restrictions</td><td align="center">Restricted in highly regulated jurisdictions</td><td align="center">Restricted in some regions</td><td align="center">Restricted in multiple regions, including the US</td></tr><tr><td><mark style="background-color:red;"><strong>Token Compliance (Securities Law)</strong></mark></td><td><em><mark style="color:red;">Whether the platform token faces securities classification</mark></em></td><td align="center">Avoids classification as a security</td><td align="center">Token design avoids securities classification</td><td align="center">GMX not classified as a security</td><td align="center">Tokens designed to avoid securities laws</td><td align="center">Tokens comply with specific jurisdictions</td><td align="center">Tokens designed to comply with securities laws</td></tr><tr><td><mark style="background-color:red;"><strong>Platform Licensing</strong></mark></td><td><em><mark style="color:red;">Existence of operational licenses</mark></em></td><td align="center">Unlicensed, decentralized</td><td align="center">Not licensed, operates in decentralized manner</td><td align="center">Not licensed, leverages decentralization</td><td align="center">Not licensed</td><td align="center">Licensed in several jurisdictions</td><td align="center">Licensed in multiple major jurisdictions</td></tr><tr><td><mark style="background-color:red;"><strong>Liability Protection</strong></mark></td><td><em><mark style="color:red;">Protection mechanisms for platform operators</mark></em></td><td align="center">Limited, users bear most risks</td><td align="center">Limited, user risks inherent to decentralization</td><td align="center">Limited, aligned with decentralized principles</td><td align="center">Limited, traders assume risk</td><td align="center">Liability protection through terms of service</td><td align="center">Strong liability protection policies</td></tr><tr><td><mark style="background-color:red;"><strong>Operations Transparency</strong></mark></td><td><em><mark style="color:red;">Openness about operations and funds</mark></em></td><td align="center">Fully transparent through open-source protocols</td><td align="center">Transparent operations, open governance</td><td align="center">Transparent via public smart contracts</td><td align="center">Transparent operations, publicly auditable</td><td align="center">Partial transparency</td><td align="center">Moderate transparency, selective disclosures</td></tr><tr><td><mark style="background-color:purple;"><strong>Analytics &#x26; Tools</strong></mark></td><td><em><mark style="color:purple;">In-platform Analytics</mark></em></td><td align="center">Advanced trading analytics, charting tools</td><td align="center">Advanced analytics, specialized trading tools</td><td align="center">Basic analytics, integrated dashboards</td><td align="center">Pro-level analytics, detailed insights</td><td align="center">Comprehensive tools, including social trading</td><td align="center">Advanced tools for spot and derivatives</td></tr><tr><td><mark style="background-color:purple;"><strong>User Interface Complexity</strong></mark></td><td><em><mark style="color:purple;">Target Audience Complexity Level</mark></em></td><td align="center">Moderate, tailored for experienced traders</td><td align="center">Intuitive, suitable for intermediate users</td><td align="center">Simple and user-friendly</td><td align="center">Moderate complexity, aimed at professionals</td><td align="center">User-friendly with advanced features</td><td align="center">Beginner-friendly with extensive options</td></tr><tr><td><mark style="background-color:purple;"><strong>Mobile Support</strong></mark></td><td><em><mark style="color:purple;">Mobile Trading Experience</mark></em></td><td align="center">Full mobile app support, optimized UI</td><td align="center">Mobile app in development, browser compatible</td><td align="center">Limited mobile support</td><td align="center">Full mobile app, tailored for trading</td><td align="center">Full-featured mobile app</td><td align="center">Robust mobile app with all platform features</td></tr></tbody></table>


# The Concept

EVEDEX revolutionizes trading via a well-balanced hybrid model with intuitive ease of use, just like on CEX platforms, and security and transparency like on DEX. Designed for retail traders and professionals alike, our platform stands out through innovation, user-centric design, and ecosystem-driven growth. In the trading landscape by prioritizing accessibility, engagement, and innovation:

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#### **Retail-R**eady Trading Infrastructure

* **Seamless User Experience**: EVEDEX bridges the gap between centralized ease and decentralized control, offering a smooth, intuitive trading interface that feels familiar to retail users;
* **Scalability**: Built on Arbitrum, our advanced infrastructure ensures high-speed trading, ultra-low fees, and superior performance, matching the capabilities of leading CEX platforms.
  {% endstep %}

{% step %}

#### Comprehensive Growth and Engagement Ecosystem

* **CEX-Level Affiliate Program**: EVEDEX introduces a [**robust affiliate platform**](https://partner.evedex.com/) that rewards user acquisition and promotes long-term loyalty through tiered rewards and incentives;
* **Integrated Education Hub**: Our **EVEDEX Academy** offers structured courses, trading simulators, and gamified learning modules. Newcomers are onboarded effortlessly, while advanced users can sharpen their strategies.
  {% endstep %}

{% step %}

#### Gamification for Long-Term User Retention

* EVEDEX employs **multi-layered gamification** to keep users engaged and active. Our framework integrates achievement badges, reward multipliers, and leaderboard challenges, making trading not only efficient but enjoyable.
  {% endstep %}
  {% endstepper %}

***

## Redefining Decentralized Trading

EVEDEX combines speed, affordability, and user engagement to set a new standard for decentralized trading platforms. By focusing on accessibility, education, and gamification, we empower every user—regardless of capital size or experience level—to trade confidently and securely.

With a retail-first mindset and a scalable ecosystem, **EVEDEX is the future of decentralized finance, built for everyone**.


# Mission & Core Values

EVEDEX introduces a trading platform with a high-performance matching engine and scalability. Such a decision enhances transaction speeds and reduces costs, making it possible to trade more and pay less.

We aim to become the number one choice trading platform, paving the way for seamless integration with the centralized financial world while setting a new standard for decentralized trading platforms. We build to catalyze financial innovation and inclusion on the way to the future of decentralized finance.

Our mission is guided by fundamental values that shape our strategic decisions:

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#### **User Empowerment**

*Ensuring users have full control over their assets and trading activities*
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#### **Accessibility & Inclusivity**

*Making advanced trading tools and strategies available to users of any background, country and capital size*
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#### **Security & Trustworthiness**

*Upholding the highest standards of security to protect user assets and data, building trust through transparency*
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#### **Innovation & Adaptability**

*Embracing continuous innovation and remaining adaptable to meet evolving user needs*
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#### **Community-Centric Governance**

*Fostering a governance model that includes the community in decision-making, aligning the platform's evolution with user interests*
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#### **Ethical & Responsible Practices**

*Committing to high ethical standards and regulatory compliance for sustainability and integrity*
{% endhint %}


# Empowering Users Through Decentralization

*At EVEDEX we are building a platform that progressively reduces centralized control points through a combination of technologies and governance structures. The platform implements non-custodial trading, meaning users retain control of their private keys and assets. Our architecture combines decentralized elements (like smart contract-based order settlement and community governance) with necessary operational components (like the Data Availability Committee or Hybrid Matching Engine) to balance security, performance, and trust minimization.*

## <mark style="background-color:purple;">**Create a platform for trading perpetual options and other derivatives.**</mark>

* Utilize Arbitrum’s infrastructure to deliver high scalability and reduced transaction costs.
* Leverage a custom Data Availability Committee (DAC) for secure and efficient data management.

## <mark style="background-color:purple;">Create a Trading Platform based on Hybrid Model</mark>

* Eliminate the need for trusted intermediaries, ensuring direct user control over their assets.
* Integrate decentralized oracles to provide accurate and manipulation-resistant pricing.

## <mark style="background-color:purple;">**Leverage Smart Contracts**</mark>

* Develop a robust smart contract system for automating trading processes and dispute resolution
* Ensure all trades are verifiable and immutable through blockchain integration.


# Enhancing User Experience & Accessibility

*We are dedicated to creating an intuitive and user-friendly interface that caters to beginners and experienced traders. Our adaptive design ensures a personalized trading experience across various devices, focusing on simplifying blockchain interactions and reducing barriers to entry. By offering an intuitive user interface and leveraging account abstraction technology, we make advanced trading accessible to a broader audience.*

## <mark style="background-color:purple;">**Create an Intuitive and User-Friendly Interface**</mark>

* Simplify the trading experience for beginners and accelerate interaction for experienced traders.
* Implement customizable analysis tools for personalized trading experiences.

## <mark style="background-color:purple;">**Design**</mark> <mark style="background-color:purple;">**Adaptive**</mark> <mark style="background-color:purple;">**Mobile-First Solutions**</mark>

* Ensure comfortable operation on various devices with a convenient multi-platform application.
* Make cross-platform user experience smooth.

## <mark style="background-color:purple;">**Implement Enhanced User Experience & Account Abstraction**</mark>

* Simplify blockchain interactions with features like gasless transactions and flexible fee payments.
* Enhance user interaction with features like advanced security configurations and session-based trading.


# Strengthening Privacy & Security

*We prioritize the protection of user data and assets by implementing advanced cryptographic solutions and multi-level security protocols. Our flexible privacy controls allow users to adjust their level of anonymity while maintaining compliance with legal standards.*&#x20;

## <mark style="background-color:purple;">**Implement advanced cryptographic solutions**</mark>

* Protect user data and assets with multi-level security protocols.
* Utilize cutting-edge encryption methods to secure transactions and personal information.

## <mark style="background-color:purple;">**Develop a multi-level security system**</mark>

* Safeguard assets from unauthorized access through features like multi-signature requirements and time-locked transactions.
* Incorporate session-based trading to improve security during user sessions.

## <mark style="background-color:purple;">**Provide Flexible Privacy Controls**</mark>

* Allow users to control their level of anonymity while complying to legal and ethical standards.
* Maintain a commitment to regulatory compliance and ethical fund verification operations.


# Providing Comprehensive Education

*We believe that education is key to user empowerment. By offering extensive resources and interactive learning tools, we facilitate continuous learning and development within our community.*

## <mark style="background-color:purple;">**Establish the EVEDEX Academy**</mark>

* Offer courses on trading, risk management, market analysis, and blockchain technologies.
* Provide resources suitable for users of all experience levels.

## <mark style="background-color:purple;">**Develop Interactive Learning Tools**</mark>

* Include trading simulators and gamified experiences to enhance engagement.
* Create test environments for users to practice and constantly improve their skills.

## <mark style="background-color:purple;">**Organize regular webinars and masterclasses featuring industry experts**</mark>

* Feature industry experts to provide insights and advanced learning opportunities.
* To promote the upgrowth of Opinion Leaders from among the platform users


# Fostering Community-Oriented Governance

*We are committed to a governance model that includes the community in decision-making processes. By empowering users through a decentralized autonomous organization (DAO), we align the platform's evolution with user interests.*

## <mark style="background-color:purple;">**Gradually Transfer Governance to the Community**</mark>

* Implement a Decentralized Autonomous Organization (DAO) to empower users in platform governance.

## <mark style="background-color:purple;">**Develop Effective Voting and Proposal Systems**</mark>

* Create mechanisms to involve platform users in the development and operations decision-making process.
* Implement an optimistic governance model with the EVEDEX Council and veto options.

## <mark style="background-color:purple;">**Incentivize Active Participation**</mark>

* Encourage users to engage in ecosystem governance and development.
* Provide rewards and recognition for contributions to the community.


# Ensuring Fair & Transparent Copy Trading

*We are dedicated to providing a transparent and efficient copy trading system that protects users and promotes high standards among traders.*

## <mark style="background-color:purple;">**Implement a transparent and efficient copy trading system**</mark>

* Establish strict approval and monitoring processes for traders.
* Develop algorithms to ensure fair execution of copied trades and minimize slippage.

## <mark style="background-color:purple;">**Create a Rating and Review System**</mark>

* Help users make informed decisions by providing insights into trader performance.
* Encourage accountability and high standards among traders offering copy services.

## <mark style="background-color:purple;">Deliver</mark> <mark style="background-color:purple;">**Fair Execution of Trades**</mark>

* Use advanced matching engine technology to provide accurate trade execution.
* Monitor trading activities to prevent manipulation and unfair practices.


# Expanding the Ecosystem

*We aim to continually expand our ecosystem by introducing new financial products and services that cater to evolving market needs. Through strategic partnerships and open development, we enhance the platform's capabilities and reach.*

## <mark style="background-color:purple;">**Expand Financial Products and Services**</mark>

* Introduce additional products such as P2P trading, debit cards, lending solutions, and a launchpad for new projects.
* Develop connections between individual features and products within the ecosystem to create seamless experiences.

## <mark style="background-color:purple;">**Create an Open API for Developers**</mark>

* Stimulate the creation of third-party applications and tools within the EVEDEX ecosystem.
* Encourage innovation and collaboration among developers.

## <mark style="background-color:purple;">**Foster Strategic Partnerships**</mark>

* Collaborate with industry leaders to enhance the ecosystem's capabilities and reach.
* Improve interaction with public speakers and opinion leaders to increase mass adoption.


# Promoting Financial Inclusion

*Our ultimate goal is to democratize access to professional trading tools and strategies. By providing advanced financial instruments to users of all capital sizes, we aim to level the playing field and empower individuals globally.*

## <mark style="background-color:purple;">**Democratize Access to Professional Trading Tools and Strategies**</mark>

* Provide a trading platform and high-performance matching engine;
* Offer a wide range of advanced trading instruments accessible to the widest possible user audience.

## <mark style="background-color:purple;">**Reduce Barriers to Entry**</mark>

* Minimize transaction costs and improve trading speed through advanced infrastructure;
* Provide seamless cross-device account management for broader accessibility.


# Trading Platform & Matching Engine

The EVEDEX platform integrates sophisticated futures trading capabilities with a high-performance, matching engine powered by DXmatch technology. This system is designed to deliver institutional-grade trading performance while maintaining the security and transparency inherent to decentralized finance.

{% hint style="success" %}
**Perpetual futures DEX**

*Offers a wide range of advanced trading instruments accessible to all users.*
{% endhint %}

{% hint style="success" %}
**High-Performance Matching Engine**

*Delivers centralized exchange-level performance in a decentralized environment.*
{% endhint %}

***

{% content-ref url="/pages/v81whyAckX3zYHpvBIbU" %}
[Perpetual Futures Trading Fundamentals](/key-features-and-components/trading-platform-and-matching-engine/perpetual-futures-trading-fundamentals)
{% endcontent-ref %}

{% content-ref url="/pages/xTOKM1AOZ1t8GW36ggMD" %}
[Arbitrum L2 and on-chain settlement](/key-features-and-components/trading-platform-and-matching-engine/arbitrum-l3-and-on-chain-settlement)
{% endcontent-ref %}

{% content-ref url="/pages/fhiDeIQThTtxVnGsXJXn" %}
[Off-chain Orderbook](/key-features-and-components/trading-platform-and-matching-engine/off-chain-orderbook)
{% endcontent-ref %}

{% content-ref url="/pages/aUV2SfGX9w9keFS1JRtP" %}
[Matching Engine Overview](/key-features-and-components/trading-platform-and-matching-engine/off-chain-orderbook/matching-engine-overview)
{% endcontent-ref %}

{% content-ref url="/pages/snEYFXpUAAqjsYIy5ikC" %}
[Entry price and P\&L (Profit and Loss)](/key-features-and-components/trading-platform-and-matching-engine/entry-price-and-pnl-profit-and-loss)
{% endcontent-ref %}

{% content-ref url="/pages/Nf9b7zHzA9m3U0nG98Se" %}
[Order Types](/key-features-and-components/trading-platform-and-matching-engine/order-types)
{% endcontent-ref %}

{% content-ref url="/pages/OvjjuEvTw3JPDT2LrbSh" %}
[Available Balance](/key-features-and-components/trading-platform-and-matching-engine/available-balance-and-buying-selling-power)
{% endcontent-ref %}

{% content-ref url="/pages/nEFObfUjazETS08P71Ew" %}
[Initial and Maintenance Margins](/key-features-and-components/trading-platform-and-matching-engine/margins)
{% endcontent-ref %}

{% content-ref url="/pages/MJ01Tn9bqabLu3wyljKk" %}
[Liquidations and Auto-Deleveraging (ADL)](/key-features-and-components/trading-platform-and-matching-engine/liquidations-and-auto-deleveraging)
{% endcontent-ref %}

{% content-ref url="/pages/DUGp6epRnhwBOOGi3709" %}
[Market Makers and Liquidity Provision](/key-features-and-components/trading-platform-and-matching-engine/market-makers-and-liquidity-provision)
{% endcontent-ref %}

{% content-ref url="/pages/Gl9Ebno3czxwT2ptlRoB" %}
[Deposit & Withdraw](/key-features-and-components/trading-platform-and-matching-engine/deposit-and-withdraw)
{% endcontent-ref %}

{% content-ref url="/pages/pRsyN0icqyhl7GVLZ61u" %}
[Trading Fees](/key-features-and-components/trading-platform-and-matching-engine/trading-fees)
{% endcontent-ref %}

{% content-ref url="/pages/24ybcqwELZg81FDVucWm" %}
[Funding Rate](/key-features-and-components/trading-platform-and-matching-engine/funding-rate)
{% endcontent-ref %}

{% content-ref url="/pages/hj08QmmcOyNgyPdEPcRS" %}
[Contract Specifications](/key-features-and-components/trading-platform-and-matching-engine/contract-specifications)
{% endcontent-ref %}


# Perpetual Futures Trading Fundamentals

Perpetual futures are a popular class of derivative instruments in the digital asset market. Unlike traditional futures contracts, perpetual futures have no expiration date, allowing traders to hold positions indefinitely. This flexibility—combined with leveraged exposure—has made perpetual futures a cornerstone of advanced trading strategies in the crypto space.

## **Key Characteristics of Perpetual Futures**

* **No Expiration:** Traders are not bound by a contract expiry date and can maintain positions as long as margin requirements are met. This creates a more flexible trading environment, enabling long-term or short-term strategies without the administrative overhead of contract rollovers.
* **Funding Rate Mechanism:** To keep the perpetual contract’s price aligned with the underlying asset’s spot price, a periodic funding rate is exchanged between long and short position holders. When the contract trades at a premium, longs pay shorts; when trading at a discount, shorts pay longs. This mechanism helps anchor the perpetual futures price to the underlying market value.
* **Leverage & Risk Management:** Perpetual futures often allow for significant leverage, enabling traders to amplify both potential profits and losses. To manage these heightened risks effectively, traders should use a combination of prudent margin requirements, well-placed stop-loss orders, take-profit orders, and balanced position sizing to minimize emotional decision-making. Take-profit strategies are essential for locking in gains, especially in markets prone to sudden reversals, while trailing stops can automatically adjust in response to favorable price movements—helping traders capture more upside when momentum is strong. By actively monitoring positions and adjusting these protective measures as conditions change, traders can maintain long-term profitability and shield themselves from abrupt market shifts.
* **Market Liquidity & Execution Speed:** Successful perpetual futures trading relies on a highly liquid and efficient marketplace. A robust matching engine ensures rapid order matching, minimal slippage, and fair price execution. Liquidity is further supported by market makers, incentives, and a transparent market structure.

## **Benefits for Traders**

* **Continuous Exposure to Markets:** Perpetual futures offer uninterrupted market engagement and the potential to capture long-term trends without the administrative tasks associated with rolling over contracts.
* **Capital Efficiency:** With perpetual futures, traders can lock in directional views on price movements without constantly managing expiring contracts. This allows for more predictable margin usage and streamlined capital deployment.
* **Versatile Strategies:** Traders can employ various strategies—such as hedging spot positions, engaging in short-term speculation, or implementing sophisticated portfolio-level tactics—thanks to the flexibility and liquidity inherent in perpetual futures markets.

By integrating perpetual futures trading at the core of our platform, EVEDEX caters to both experienced professionals and newcomers seeking sophisticated market opportunities. Our high-performance matching engine, stable pricing mechanisms, and robust risk controls ensure that users can confidently trade perpetual futures in a transparent and efficient environment.


# Technical Overview

Modern cryptocurrency exchanges are complex mechanisms consisting of various interconnected modules. EVEDEX operates on a hybrid model that combines the best aspects of centralized and decentralized exchanges: the order matching process functions similarly to centralized platforms, ensuring speed and efficiency, while order settlement occurs in a decentralized manner, directly between users' wallets.

In this article, we will examine the operation principles of the EVEDEX exchange. We have chosen to break down the system into modules and describe each one and its interactions.

<figure><img src="/files/5YZfvyAeES76BMNcY8Bg" alt=""><figcaption></figcaption></figure>

### EVEDEX Core Engine (Backend)

The backend is the heart of the exchange, serving as its central element and interacting with all entities. While the following list highlights some of its primary functions, in reality, the backend performs many more tasks:

* **User Information**: Maintains data about user accounts, including balances, open positions, position history, and order details.
* **Order Management**: Tracks created and executed orders.
* **Notifications**: Alerts users about important events.
* **Liquidation Processes**: Initiates liquidation procedures when necessary.

### Off-chain Order Book

An off-chain order book (Matcher) system manages buy and sell orders outside the blockchain. This approach follows the same principle as centralized exchanges, enabling faster order processing and matching. By handling order management off-chain, EVEDEX achieves higher performance and lower latency, which are critical for efficient trading.

The matcher’s responsibilities include:

* **Order Matching**: Matches buy and sell orders and places them in the order book.
* **Essential Risk Management**: Ensures orders meet risk criteria before execution.
* **Real-Time Updates**: Provides live data on the state of the order book and order matching events via WebSocket.
* **No blockchain fees**: There is no need to pay any blockchain fees for trade, because we are not using blockchain at all at this step.

We provided a detailed description of the Matcher’s specifications on this [page](/key-features-and-components/trading-platform-and-matching-engine/off-chain-orderbook/matching-engine-overview).

### Interaction Between EVEDEX Core Engine and Matcher

The exchange’s backend communicates with the Matcher through API requests and Websocket. Here’s the workflow:

1. A user submits an order request signed by their private key.
2. The backend performs feasibility checks, such as verifying sufficient funds, ensuring the order meets minimum position requirements, and verifying the wallet’s signature.
3. The backend forwards the validated request to the Matcher.
4. The Matcher verifies the order signature, processes it, updates its status (e.g., executed, partially executed, pending, or canceled), and records it in the database.
5. The updated order status is relayed back to the backend.
6. The filled order will be recorded on the blockchain based on the demand from the backend.

### Our Eventum L3 network (Arbitrum-based) and on-chain settlement

On-chain settlement refers to the process of finalizing transactions directly on our L3 blockchain network. Unlike centralized exchanges, where trades are executed and settled off-chain within the exchange's internal ledger, EVEDEX leverages blockchain technology to ensure users' transparency, security, and self-custody.

Our L3 network, Eventum, handles the following:

* **Position and Funds Data**: Logs user trading positions and balances.
* **Liquidation and ADL Data**: Records liquidation events and ADL (Auto-Deleveraging) adjustments.
* **Funding Rates and Fees**: Tracks funding rates and trading fees paid.
* **Auditability**: It provides open, verifiable data for anyone to review.

We have shared the entire journey of our current blockchain solution on this [page](/key-features-and-components/advanced-layer-3-infrastructure/eventum-l3-solution). You can find detailed insights and background information there.

### Interaction Between EVEDEX Core Engine and Blockchain

User actions are periodically recorded in the blockchain to verify and ensure the correctness of the backend data\*.

Key scenarios include:

1. Periodic Updates: User position data is written to the blockchain after sufficient changes have accumulated.
2. Withdrawals: When a user withdraws funds, the data is recorded on-chain to verify backend correctness.

*\*This feature is currently under development and will be available in future updates.*


# Arbitrum L2 and on-chain settlement

On-chain settlement refers to the process of finalizing transactions directly on Arbitrum. Unlike centralized exchanges, where trades are executed and settled off-chain within the exchange's internal ledger, EVEDEX leverages blockchain technology to ensure transparency, security, and self-custody.

The platform handles the following on Arbitrum:

* **Position and Funds Data**: Logs user trading positions and balances.
* **Liquidation and ADL Data**: Records liquidation events and ADL (Auto-Deleveraging) adjustments.
* **Funding Rates and Fees**: Tracks funding rates and trading fees paid.
* **Auditability**: Provides open, verifiable data for anyone to review.

We have shared the entire journey of our current blockchain solution on this [page](/key-features-and-components/advanced-layer-3-infrastructure). You can find detailed insights and background information there.

#### Interaction Between EVEDEX Core Engine and Blockchain

User actions are periodically recorded in the blockchain to verify and ensure the correctness of the backend data. Key scenarios include:

* **Periodic Updates**: User position data is written to the blockchain after sufficient changes have accumulated.
* **Withdrawals**: When a user withdraws funds, the data is recorded on-chain to verify backend correctness.


# Off-chain Orderbook

An off-chain order book (Matcher) system manages buy and sell orders outside the blockchain. This approach follows the same principle as centralized exchanges, enabling faster order processing and matching. By handling order management off-chain, EVEDEX achieves higher performance and lower latency, which are critical for efficient trading.

**Matcher’s** **responsibilities** **include**:

* **Order Matching:** Matches buy and sell orders and places them in the order book.
* **Essential Risk Management:** Ensures orders meet risk criteria before execution.
* **Real-Time Updates:** Provides live data on the state of the order book and order matching events via WebSocket.

We provided a detailed description of the Matcher’s specifications on this [page](/key-features-and-components/trading-platform-and-matching-engine/off-chain-orderbook/matching-engine-overview).

#### Interaction Between EVEDEX Core Engine and Matcher

The exchange’s backend communicates with the Matcher through API requests and Websocket. Here’s the workflow:

1. A user submits an order request signed by his private key.
2. The backend performs basic feasibility checks, such as verifying sufficient funds, ensuring the order meets minimum position requirements, and verifying the wallet’s signature.
3. The backend forwards the validated request to the Matcher.
4. The Matcher verifies the order signature, processes it, updates its status (e.g., executed, partially executed, pending, or canceled), and records it in the database.
5. The updated order status is relayed back to the backend.
6. The filled order will be recorded on the blockchain based on the demand from the backend.

<figure><img src="/files/L5o6j84TNPILOuixGfcY" alt=""><figcaption></figcaption></figure>


# Matching Engine Overview

EVEDEX's matching engine is built on a modular architecture optimized for the unique demands of decentralized perpetual futures trading. Key features include:

* **High-Performance Processing**: The EVEDEX matching engine has been designed and tested under controlled conditions to process orders with maximum efficiency. In our testing environment, the system has demonstrated:
  * **Target throughput**: Up to 100,000 orders per second under optimal conditions
  * **Target latency**: \~100 microseconds in standard network conditions
  * **Scalability**: Horizontal scaling capabilities for increased demand

{% hint style="info" %}
Actual performance may vary based on network conditions, market volatility, and technical factors.
{% endhint %}

* **Price-Time Priority Algorithm**: Ensures fair and efficient order matching, maintaining market integrity.
* **Support for Complex Order Types**: Accommodates a wide range of order types including Limit, Market, Stop, and Stop-limit orders, as well as various time-in-force instructions (DAY, GTC, FOK, IOC).
* **Advanced Risk Management**: Incorporates comprehensive risk controls including message throttling, fat finger protection, and self-match prevention to safeguard traders and maintain market stability.

## **Tailored for perpetual futures**

EVEDEX's matching engine has been specifically adapted for perpetual futures trading:

* **Instrument Flexibility**: Supports on-the-fly creation of new trading pairs, allowing quick response to market demands and opportunities.
* **Precision Trading**: Offers up to 8 decimal places for price and quantity, enabling precise position management for traders.
* **24/7 Trading**: Continuous market operation with automated state scheduling, aligning with the always-on nature of crypto markets.
* **Market Maker Support**: Features mass quote and cancel functionalities, encouraging liquidity provision.

## **Decentralized Architecture**

While leveraging the power of DXmatch technology, EVEDEX's matching engine has been re-engineered taking into account the maximum possible decentralization and the interests of users:

* **Blockchain Integration**: Seamlessly interfaces with our Layer 3 solution, ensuring all trades are verifiable and immutable.
* **Smart Contract Interaction**: Direct communication with our suite of smart contracts for order execution, settlement, and collateral management.
* **Decentralized Oracles**: Integrates with decentralized price feeds to ensure accurate and manipulation-resistant pricing for all trading pairs.

## **Scalability & Resilience**

The matching engine is designed to grow with EVEDEX's ecosystem:

* **Horizontal Scaling**: Ability to add additional matching engine segments as trading volume increases.
* **High Availability**: Implements automatic failover mechanisms to ensure uninterrupted trading.
* **Cloud-Native Design**: Deployable on decentralized cloud infrastructure, enhancing reliability and reducing single points of failure.

## **API & Integration**

EVEDEX provides robust APIs for seamless integration:

* **Multiple Protocols**: Supports FIX 5.0, WebSocket, and REST APIs, catering to various trading strategies and integration needs.
* **Comprehensive Documentation**: Detailed API specifications available through AsyncAPI and Swagger, facilitating easy integration for developers and trading firms.
* **Open-Source SDKs**: A range of software development kits in popular programming languages, enabling the community to build on top of EVEDEX's infrastructure.


# Take-Profit and Stop-Loss (TP/SL)

### What Are TP/SL?

**Take Profit (TP):** A Take Profit order automatically closes a position when the price reaches a predetermined profit level. This ensures that traders can lock in gains without constantly monitoring the market. TP orders are beneficial in volatile markets with rapid price movements.

**Stop Loss (SL):** A Stop Loss order, on the other hand, is designed to minimize losses. It automatically closes a position when the price falls to a specified level. This helps traders protect their capital and manage risk in unpredictable market conditions.

### Benefits of Using TP/SL

**Risk Management:** TP/SL orders help manage risk by limiting potential losses and securing profits. **Emotion-Free Trading:** Automating these orders reduces the emotional impact of trading decisions, ensuring a more disciplined approach. **Time Efficiency:** Traders do not need to monitor the market constantly, as these orders execute automatically. **Improved Profitability:** Properly setting TP/SL can enhance trading performance by optimizing entry and exit points.

### Key Features of TP/SL

**Setting TP/SL with Order Placement:** TP/SL triggers can be defined when placing an order. Once the order is executed and converted into a position, the specified TP/SL triggers are automatically associated with it. **Creating TP/SL for Existing Positions:** A TP/SL trigger can be created for positions that are already open. **Volume Customization:** Users can create a single TP/SL trigger for the entire position volume or specify a quantity (qty) derived from the position. **Order Cancellation:** If an order is canceled, any TP/SL triggers linked to it are also automatically canceled.

### Calculations and Execution

**Restrictions on Full-Position TP/SL:** Only one TP and one SL can exist for the entire position. If a user attempts to create a second trigger, it will replace the first. **Partial TP/SL:** Users can set multiple partial TP/SL triggers, provided their total volume does not exceed the position size. Partial TP/SL triggers can coexist with a single full-position TP/SL without conflict. **Position Integrity:** The position should not be reversed upon executing the TP/SL order. When the backend detects a trigger price for TP/SL, it calculates the executable volume based on the current position. All other TP/SL triggers are canceled if this volume equals the entire position.

### User-Defined Trigger Calculations

**ROI (Return on Investment):** The trigger price is calculated based on a specified percentage of profit. For example, if a user wants a 10% profit, the position will close once it achieves this profit. **Change %:** The trigger price is set based on the percentage change in the coin's price. For instance, setting a 10% trigger when Bitcoin’s current price is 100,000 USDT will activate the trigger at 110,000 USDT. **P\&L (Profit and Loss):** A specified profit or loss in USDT determines the trigger price. For example, if the user wants the position to close after earning or losing X USDT, the system calculates and sets the corresponding trigger price.

### Dependency of Orders on Positions

**Replacing Existing TP/SL Triggers:** If a position already has TP/SL triggers for a trading pair, and a new order with TP/SL for the same pair is satisfied, the new TP/SL replaces the previously set triggers for the pair.

{% hint style="info" %}
***Example:***\
\_User has a 10 BTC position with TP/SL at 90,000 USDT for 100% of the volume and places a new order to buy 2 BTC with a TP/SL at 91,000 USDT for the entire position, the TP/SL updates to 91,000 USDT after one BTC from the order is filled and the other is canceled.\_
{% endhint %}

**Complementing Existing TP/SL with Partial Orders:** If a position already has TP/SL triggers and a new partial order TP/SL is set, they complement each other.

{% hint style="info" %}
***Example:***\
\_User has a 10 BTC position with TP/SL at 90,000 USDT for 100% of the volume and sets a new TP/SL for 10% of the volume at 89,000 USDT, the system creates two TP/SL orders: one for 10% of the volume at 89,000 USDT and another for 90% of the volume at 90,000 USDT.\_
{% endhint %}


# Entry price and P\&L (Profit and Loss)

Profit and Loss (P\&L) is a crucial metric determining the financial outcome of trading positions. It is calculated based on the entry price and the current market price. There are three primary types of P\&L: Unrealized P\&L, Realized P\&L and Closed P\&L. Understanding these concepts is essential for managing risks and maximizing profitability.

## Calculating the Average Price

At this stage, EVEDEX supports only a single position per contract, which can be either long or short. When traders adjust their position by buying or selling additional contracts, the average price is recalculated within that same contract. Consequently, all P\&L calculations are based on this new average price.

The average price of an asset is calculated using the following formula:

*Average Price = Total Coin Value / Total Coins*

Where Total Coin Value is determined as:

*(Quantity1 × Price1) + (Quantity2 × Price2) + ...*

**Example:**

* First trade: 0.5 BTC purchased at $15,000
* Second trade: 0.2 BTC purchased at $14,000

Total Coin Value: (0.5 × 15,000) + (0.2 × 14,000) = 10,300

Total Coins: 0.5 + 0.2 = 0.7

Average Price: $14,714

## Types of P\&L

### Unrealized P\&L

Unrealized P\&L represents the potential profit or loss of an open position. It fluctuates in real-time based on market price movements and is not finalized until the position is closed.

#### Unrealized P\&L Calculation

For long positions:

*Unrealized P\&L = Quantity × (Last Price - Entry Price)*

For short positions:

*Unrealized P\&L = Quantity × (Entry Price - Last Price)*

**Example**:

A trader buys 0.5 BTC at $15,000. If the last market price is $15,500, then:

Unrealized P\&L = 0.5 × (15,500 - 15,000) = 250 USDT

For a short position, if the trader enters at $15,000 and the market price increases to $15,500, then:

Unrealized P\&L = 0.5 × (15,000 - 15,500) = -250 USDT (a loss of 250 USDT)

### Realized P\&L

Realized P\&L indicates actual profits or losses from closed or partially closed trades, including fees and funding.

**Example:**

A trader initially holds 0.5 BTC at $15,000. They decide to sell 0.25 BTC at $14,000.

Position's P\&L = 0.25 × (15,000 - 14,000) = 250 USDT

* **Opening fee:** 0.25 × 15,000 × 0.02% = 0.75 USDT
* **Closing fee:** 0.25 × 14,000 × 0.02% = 0.7 USDT
* **Funding fee:** 2 USDT

Final Realized P\&L = 250 - (0.75 + 0.7 + 2) = 246.55 USDT

The trader now holds 0.25 BTC. They decide to buy an additional 0.2 BTC at $13,500.

Opening Fee: 0.2 × 13,500 × 0.02% = 0.54 USDT

Updated Realized P\&L = 246.55 - 0.54 = 246.01 USDT

The trader’s current position is 0.45 BTC, which is short. If the trader chooses to open long on 1 BTC, the existing short position on 0.45 BTC will be closed, and the Realized P\&L will be calculated for the remaining 0.55 BTC in the long position.

### Closed P\&L

Closed P\&L represents the final profit or loss once all positions are closed. It factors in all trading fees, funding fees, and executed orders.

### Key Considerations in P\&L Calculations

* Leverage does not directly affect P\&L amounts but changes the margin requirements.
* Higher leverage decreases margin but increases risk.
* P\&L scales with position size and price movement.
* Fee structures impact realized and closed P\&L.

### Leverage Impact on ROI

* 10x leverage: 250 USDT profit → 33.27% ROI
* 5x leverage: 250 USDT profit → 16.63% ROI
* 20x leverage: 250 USDT profit → 66.54% ROI


# Order Types

When trading futures on our platform, it's essential to understand the different order types available to optimize your trading strategy. Our platform supports four primary order types:

### Market Order

A Market Order is executed immediately at the best available market price. This type of order is used when traders prioritize speed over price control. However, due to market fluctuations, the execution price may vary slightly from the expected price.

### Limit Order

A Limit Order allows traders to set a specific price for buying or selling an asset. The order will only be executed if the market reaches the specified price. However, there is no guarantee that the order will be filled if the price does not reach the set limit.

### Stop-Limit Order

A Stop-Limit Order is a trade order that uses two prices: Stop Price (the price that triggers your order) and Limit Price (the price at which you're willing to execute the trade or a better price). The order will not appear in the order book until the stop price is reached. Once the stop price is reached, the order is converted into a limit order and executed at the specified limit price or better.

### Take Profit / Stop Loss (TP/SL)

Take-profit (TP) and Stop-Loss (SL) orders automatically manage risk. A TP order ensures that a position is closed when a certain profit level is reached, while an SL order prevents further losses by closing a position when a predefined loss threshold is met. This type of order has many subtleties, which we have covered in more detail in a separate article. You can read more about it here.

## Protection Mechanisms

### Fat-finger Protection

Fat-finger protection helps prevent costly mistakes by blocking orders with abnormal price deviations. It automatically detects when a user enters a price far from the current market rate — often due to typos — and stops the order from being submitted, reducing the risk of accidental losses. The detection thresholds are configured individually for each trading pair, taking into account its typical volatility and liquidity, and may differ from general market conditions.

### Slippage Limit

Slippage protection safeguards users from unexpected price changes during order execution by enforcing a maximum acceptable price deviation from the expected execution price. If the market moves beyond this threshold before the order is filled, the trade is either adjusted or rejected. These slippage limits are tailored per trading pair to reflect its specific market behavior, which may vary significantly from general market norms.

<figure><img src="/files/AJqYmBC4M1jcvr2MdcUB" alt=""><figcaption></figcaption></figure>

## Ways to Place an Order

Traders can place orders using three different methods, depending on their preferred way of managing capital:

### Order by Quantity (Order by Qty)

This method allows traders to specify the exact number of contracts or units they wish to trade. It provides precision in position sizing. It is handy for experienced traders who prefer manual control over trade volume.

{% hint style="info" %}
***Example:***\
\_Buy 0.1 BTC with 10x leverage, which is equivalent to 10.000 USDT value or 1.000 USDT of margin.\_
{% endhint %}

### Order by Value (Order by Value)

With this method, traders enter the total value they want to invest in the trade. The system then calculates the corresponding quantity based on the market price, making it convenient for those focusing on capital allocation rather than contract units.

{% hint style="info" %}
*E**xample:***\
\_Buy BTC on 10.000 USDT with 10x leverage, which is equivalent to 0.1 BTC qty or 1.000 USDT of user margin.\_
{% endhint %}

### Order by Margin (Order by Margin)

This approach lets traders specify the margin they wish to use for a trade. The system determines the appropriate position size based on the available margin and leverage settings. This method benefits risk management and ensures traders do not over-leverage their accounts.

{% hint style="info" %}
***Example:***\
\_Buy BTC on 1.000 USDT of user margin with 10x leverage, which is equivalent to 0.1 BTC qty or 10.000 USDT of value.\_
{% endhint %}


# Index Price and Mark Price

### Index Price (Oracle Price)

This represents the aggregated spot price from major exchanges. To ensure high accuracy and fairness, we source data from both CoinGecko and CoinMarketCap APIs. CoinGecko collects price information from over 1,100+ centralized and decentralized exchanges, while CoinMarketCap aggregates data from more than 790+ exchanges. We update the index price every 5 seconds, allowing us to reflect market changes in near real-time. By relying on these comprehensive aggregators — each pulling data from hundreds of trading venues — our index price reflects a more objective and fair market value.

### Last Trade Price

The price of the most recent transaction on EVEDEX.

### Mark Price

This is the calculated price of an asset used to prevent market manipulation and excessive liquidations of positions. It represents a fair price that approximates the actual market value of the asset. Unlike the Last Trade Price, the Mark Price considers the current transactions on the exchange and other factors to smooth out fluctuations and ensure fairness for all market participants.

The Mark Price is commonly used in the following scenarios:

* **Determine liquidations**: If the asset's price rises or falls to a certain point based on the Mark Price, the platform may forcibly close traders' positions to prevent losses exceeding their available balance.
* **Reduce manipulation**: Using an average price and minimizing reliance on sharp fluctuations on a single exchange, the Mark Price protects against situations where someone might artificially manipulate prices to trigger liquidations.

Additionally, Mark Price is actively used in multiple aspects of the trading system:

* **Order execution and position closing**: Traders can place orders based on the Mark Price, and it can be used to automatically close positions when necessary.
* **Take Profit / Stop Loss (TP/SL) orders**: Mark Price is used for setting and executing Take Profit (TP) and Stop Loss (SL) orders, ensuring fair liquidation conditions.
* **Displayed on price charts**: The Mark Price is visually represented on price charts, allowing traders to track its movements in real-time.
* **Unrealized PnL calculation**: Since liquidations occur based on the Mark Price, we optionally provide an unrealized PnL (Profit and Loss) based on Mark Price for transparency.

### The Mark Price Formula

Mark Price = Median (Price 1, Price 2, Last Traded Price)

* Price 1 = Index Price × \[1 + Funding Rate × (Time Until Funding / 8)]
* Price 2 = Index Price + Moving Average (5-minute Basis)
* Moving Average (5-minute Basis) = Moving Average \[(Bid1 + Ask1)/2 − Index Price], measured every second within a 5-minute interval.

**Example for Price 1:**

* Index BTC Price: 58,543.43 USDT
* Funding rate: 0.054%
* Next funding rate in 4 hours 35 minutes
* Interval: 8 hours

Calculation: 58,543.43 × (1 + 0.00054 × (4.35/8)) = 58,543.43 × 1.000294 = 58,545.15

**Example for Price 2:**

* Index BTC Price: 58,543.43 USDT
* Ask = 58,496.14
* Bid = 58,495.52
* Moving Average (5-minute Basis) = Moving Average \[(58,495.52 + 58,496.14)/2 − Index Price] = 58,495.83 - 58,543.43 = -47.6

Price 2 = 58,543.43 + (-47.6) = 58,495.83

**Final calculation:**

Let's say the Last Traded Price is 58,496.1

Mark Price = Median(58,545.15, 58,495.83, 58,496.1)

Mark Price = 58,496.1


# Initial and Maintenance Margins

Just like any other financial instrument, margin trading involves potential risks, so it’s essential to understand the basic principles of calculating the Initial and Maintenance Margin on the EVEDEX.

## Initial Margin

The Initial Margin is the minimum amount of funds a trader must deposit into their account to open a margin position. Simply put, it’s the collateral reserved in the trading account and used to open positions. It is calculated as the ratio of the position size to the leverage:

$$
Initial Margin = NominalPosition Value / Leverage
$$

$$
Position Value = Position Quantity \* Average Price
$$

#### ***Example:***

Due to the growing trend in BTC, trader Alex opens a long position from his point of interest (POI) and enters a 9,000 USDT trade using 30X leverage.

$$
Initial Margin = 9,000 / 30 = 300 USDT
$$

Opening the same position with the same amount but higher leverage (75X) would reduce the initial margin to 120 USDT.

$$
Initial Margin = 9,000 / 75 = 120 USDT
$$

Thus, changing the leverage only affects the initial margin amount, while the quantity of BTC in the position remains unchanged. However, higher leverage directly impacts the liquidation level: the higher the leverage, the closer the liquidation.

## Maintenance Margin

Maintenance margin is the minimum amount of collateral that a trader must maintain in their account to keep existing positions open.\\

\
The MM rate is always lower than the initial margin rate. \
\
The role of MM is to create a protective buffer that allows an open position to withstand a certain level of unrealized losses before a liquidation procedure is initiated.\
\
If the total value of your collateral in the account (including current P\&L) drops below the required maintenance margin level, your position will be forcibly closed (liquidated) by the exchange to prevent further losses.

MM calculation formula:

$$
Maintenance Margin = NominalPosition Value × Maintenance Margin Rate
$$

The difference between the initial and maintenance margin is a key element of the risk management system. This gap between IM and MM forms a "safety zone" for the trader. It represents a loss buffer that the position can "absorb" before liquidation begins. If the IM were equal to the MM, any minimal price movement against the trader would immediately lead to liquidation. This safety buffer gives the trader time to deposit additional funds or close the position manually, or at least wait until the price becomes potentially favorable.

#### *Example:*

We have already determined that opening a position with 30× leverage requires Alex to provide 300 USDT as the initial margin.

Assuming the maintenance margin rate for BTC is 1.85%, the formula for calculating the maintenance margin would be:

$$
Maintenance Margin=9,000\*0,0185=166.5  USDT
$$

{% hint style="warning" %}
**Important!**\
No additional initial margin is required to close or reduce a position. On the contrary, opening a position reserves margin, while closing it frees it up. That is why a trader can always place an order that reduces their risk (like a take-profit or stop-loss), even if they have no available funds in their account.
{% endhint %}


# Cross Margin

#### Two Margin Management Modes: Cross and Isolated

In futures margin trading, there are two main risk management modes: cross margin and isolated margin. The choice between them determines how your collateral is used to secure your positions and how risk is managed.

Currently, our platform operates in cross margin mode. In this mode, the entire balance of your futures account, including all assets, acts as a collateral pool for all your open positions. The core principle of cross margin is that unrealized profit (Unrealized P\&L) from one "green" position is automatically used to cover unrealized losses from another. This offsetting mechanism helps prevent the premature liquidation of individual losing positions, as long as there is enough total capital in the account to support all open trades.

Isolated margin, which we plan to introduce in the near future, offers a different approach. In this mode, you allocate a specific, "isolated" amount of margin for each individual position. The risk for each trade is then strictly limited to the amount you have allocated to it and does not affect the rest of your account balance. This allows for more granular risk control over each separate trade.

#### Advantages and Disadvantages of Cross Margin

**Advantages:**

Flexibility and Resilience to Volatility: Cross margin significantly reduces the likelihood of liquidating individual positions due to short-term market fluctuations. This makes it an ideal tool for implementing hedging strategies and holding positions long-term.

Optimized Capital Use: Since you do not need to allocate separate collateral for each trade, traders can use their available funds more efficiently, distributing capital across various trading ideas.

**Disadvantages:**

Increased Risk to the Entire Account: The main drawback of cross margin is that in the event of a strong and simultaneous adverse market movement across several or all positions, the entire account balance is at risk. A single large losing position can drain all the collateral and lead to the liquidation of the entire portfolio.

#### Practical Example of Offsetting in Cross Margin

Let's imagine a trader has 10,000 USDT in their futures account. They decide to implement two strategies at the same time:

1. Open a **LONG** position on BTC/USDT.
2. Open a **SHORT** position on ETH/USDT.

After some time, the market situation changes:

* The price of BTC falls, creating an unrealized loss of **-500 USDT** on the LONG position.
* Simultaneously, the price of ETH also falls, which is a favorable outcome for the SHORT position and creates an unrealized profit of **+800 USDT**.

In a cross margin system, the profit from the ETH position (+800 USDT) automatically offsets the loss on the BTC position (-500 USDT). The total unrealized P\&L of the account becomes positive (+300 USDT). Thanks to this offsetting mechanism, both positions remain open and are far from the liquidation threshold, which demonstrates the primary strength of cross margin.

The choice of margin mode fundamentally defines a trading strategy. Since our platform exclusively offers **cross margin**, it is inherently best suited for traders who apply a portfolio approach to risk management, rather than for those who prefer to make isolated, high-risk "bets" on individual assets.


# Available Balance

In this section, we will conduct a detailed analysis of the Available Balance formula, explain its components, and demonstrate the calculation logic with practical examples. Available Balance is an estimate of the liquid capital in your account that is available for withdrawal or for opening new positions unrelated to existing ones.

## Conceptual Basis: Weighted Account Balance Evaluation

The system calculates this metric by conducting a comprehensive assessment of all active limit orders and positions. This approach ensures that the account always has sufficient collateral, regardless of the order in which orders are executed. This means the system proactively reserves margin for those orders that could increase risk, thereby ensuring the financial stability of the account. In other words, this metric represents the amount of funds not actually locked in positions or orders and is calculated using a weighted approach to risk management.

## The Available Balance Formula

The formula for calculating Available Balance (ab) is as follows:

$$ab = \max(0, \text{funding} + \sum (\text{upnl\_negative}) - \sum(\max(\text{im} + \text{direct}(\frac{\text{ufVolume}}{\text{leverage}}), |\text{im} - \text{opos}(\frac{\text{ufVolume}}{\text{leverage}})|)) - \text{pending\_withdrawals})$$

**NOTE!** The `max(0,...)` wrapper ensures that the available balance value cannot be negative. If total liabilities exceed assets, the AB will be zero.

***

## Detailed Parameter Breakdown

Each component of the formula plays an important role in determining the final value.

| Component                     | Description                                                                                                                                      | Example & Explanation                                                                                                                                             |
| ----------------------------- | ------------------------------------------------------------------------------------------------------------------------------------------------ | ----------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| `funding`                     | The total balance of your wallet. These are your own, deposited funds.                                                                           | If you deposited 1000 USDT into your account, `funding` = 1000.                                                                                                   |
| `sum(upnl_negative)`          | The sum of only the negative unrealized PnL across all open positions.                                                                           | You have two positions: one with a profit of +200 USDT, and another with a loss of -300 USDT. Only the -300 USDT value will be included in the formula.           |
| `sum(max(...))`               | The total reserved margin for all existing positions and all open orders. This is the "heart" of the formula, calculating total liabilities.     | This value is calculated for each position (with its orders) and then summed across the entire portfolio.                                                         |
| `im`                          | The initial margin already reserved for an existing open position.                                                                               | For a 1 BTC position with 10x leverage, the IM is 0.1 BTC.                                                                                                        |
| `direct(ufVolume / leverage)` | The additional margin required for unfilled orders that increase the size of an existing position (e.g., a limit order to buy more BTC).         | If you have a limit order to buy 0.5 BTC with 10x leverage, this component will reserve an additional 0.05 BTC.                                                   |
| `opos(ufVolume / leverage)`   | The margin that will be released upon the execution of unfilled orders that reduce the position (e.g., a take-profit order).                     | If you have a take-profit order to sell 0.5 BTC from your 1 BTC position, this component will show that 0.05 BTC of margin will be released.                      |
| `max(A,B)`                    | Where `A = im + direct(...)` and `B = abs(im - opos(...))`. The system chooses the larger of these two values, simulating a worst-case scenario. | The system assesses which scenario would require more collateral: the execution of orders that increase the position or the execution of orders that decrease it. |
| `pending_withdrawals`         | The amount of funds that you have requested for withdrawal but have not yet been sent.                                                           | If you create a withdrawal request for 500 USDT, this amount is immediately subtracted from the available balance.                                                |

The underlying logic of this formula is conservative. For instance, only `upnl_negative` is considered, ignoring positive unrealized gains, based on fundamental risk management principles. Unrealized profits are "on paper" and can vanish anytime before position closure. Using them to increase the Available Balance would equate to spending funds not yet realized, thus protecting traders from excessive risk and overestimating actual withdrawable funds.

The central element is the function: `max(im + direct(...), abs(im - opos(...)))`, which conservatively estimates which set of orders - opening or closing - creates a greater margin burden. The exchange pre-emptively reserves margin for the scenario that requires more collateral, thereby protecting the account from an unexpected margin deficit upon the partial or full execution of orders.

***

## Practical Examples of Available Balance Calculation

### Example 1: A simple account with no activity

* **Conditions**: `funding` = 1000 USDT. No positions, no open orders, no withdrawal requests.
* **Calculation**: `ab` = 1000 USDT. All other components are zero.

### Example 2: An account with a losing position

* **Conditions**: `funding` = 1000 USDT. One open position for which `im` = 100 USDT. The current unrealized loss `upnl_negative` = -50 USDT.
* **Calculation**: `ab` = 1000 + (-50) - 100 = 850 USDT.

### Example 3: A complex scenario with a position and orders

* **Conditions**:
  * `funding` = 2000 USDT.
  * A Long BTC position is open, requiring `im` = 200 USDT.
  * Current `upnl_negative` = -50 USDT.
  * A limit order is placed to increase the position, requiring `direct(...)` = 50 USDT.
  * A take-profit order is placed, which upon execution will release `opos(...)` = 80 USDT.
* **Calculation**:
  1. First, the system evaluates two scenarios for margin requirements.
     * **Scenario A** (execution of the increasing order): `im + direct(...)` = 200 + 50 = 250 USDT.
     * **Scenario B** (execution of the decreasing order): `abs(im - opos(...))` = abs(200 - 80) = 120 USDT.
  2. The system then chooses the most margin-intensive scenario: `max(250, 120)` = 250 USDT.
  3. Now, the `ab` is calculated: `ab` = 2000 + (-50) - 250 = 1700 USDT.
* **Conclusion**: Despite having 2000 USDT in the account, only 1700 USDT is available for withdrawal or for opening new positions unrelated to BTC. This is because the system has conservatively reserved 250 USDT for the riskiest possible outcome involving the open orders.


# Buying/Selling Power

Power is one of the most critical and complex indicators in leveraged trading. It shows the maximum size order you can place for a specific instrument in a given direction at this moment. Essentially, it is your actual trading capability for that asset.

A crucial aspect is that Power can be greater than zero even if your Available Balance is zero. This happens when you place an order that reduces or completely closes an existing position. Such an order does not require additional margin but, instead, releases margin and the system allows its execution.

#### Formula

The formula for calculating trading power (`opPower`) consists of two parts:

$$
\begin{aligned}
\text{opPower}(\text{side}) = \ &\text{clVol}(\text{side}, \text{mPrice}) \\

* \ &\frac{\max\big\[ 0, (\text{ab} - \text{clVol}(\text{side}, \text{mPrice}) \times \text{tFee}) \times \text{lev} + \text{clVol}(\text{side}, \text{p.avgPrice}) \big]}{1 + \text{lev} \times \text{tFee}}
  \end{aligned}
  $$

Structurally, the formula consists of two parts that reflect two different trading opportunities:

* **Part 1:** Power to close an existing position.
* **Part 2:** Power to open a new position based on available balance.

#### Detailed Breakdown of Parameters

<table><thead><tr><th width="145.79998779296875">Component</th><th width="275.4000244140625">Description</th><th>Explanation</th></tr></thead><tbody><tr><td>side</td><td>Order direction</td><td>Determines active components. For example, clVol equals zero if you are buying while already holding a long position.</td></tr><tr><td>clVol(...)</td><td><strong>Part 1: Power for closing.</strong> This component calculates what portion of an existing position can be closed by an order in a given direction</td><td>Calculates the portion of an existing position that can be closed by placing an order in the chosen direction. If you hold a short position of 1 BTC and place a buy order, clVol equals the value of 1 BTC. If you have a long position of 1 BTC and place an additional buy order, clVol equals 0, as the action does not close the existing position.</td></tr><tr><td>max[0, (...)] / (...)</td><td><strong>Part 2: Power for opening.</strong> This component calculates what additional position can be opened using the Available Balance</td><td>This part of the formula becomes active only if ab > 0. If ab = 0, this component will also be zero.</td></tr><tr><td>ab</td><td>Available Balance, calculated in the previous step</td><td>Forms the basis for calculating new buying power.</td></tr><tr><td>tFee</td><td>The commission for executing a taker order</td><td>The system pre-deducts potential fees from available funds to ensure you can pay them.</td></tr><tr><td>lev</td><td>The leverage set for this position</td><td>A multiplier converting available balance into trading power.</td></tr><tr><td>p.avgPrice</td><td>Average entry price of existing position</td><td>Used for more precise calculation of P&#x26;L and margin released when closing part of a position.</td></tr><tr><td>mPrice</td><td>Current mark price</td><td>Used to estimate current position and order values.</td></tr></tbody></table>

It is important to pay attention to the denominator `(1 + lev * tFee)`. Note that the taker fee is charged on the full nominal volume of the trade `(ab * lev)`, but it must be paid from the available balance `(ab)`. This calculation prevents immediate margin shortages due to fee deductions upon order execution.

#### Practical Examples of Power Calculation

**Example 1: Opening a new position with a positive ab**

Condition: A trader has 1,000 USDT in their trading account and no open positions in BTC/USDT. They want to open a Long position with 10× leverage.

Calculation: `clVol(...) = 0`, as there is no existing position to close. Power will be calculated mainly from the second part of the formula. Approximately, it will be `(1,000 × 10) / (1 + ...)` which will be around 10,000 USDT (adjusted for the fee). The trader can open a position up to \~10,000 USDT.

**Example 2: Closing an existing position with zero ab**

Conditions: A trader has 0 USDT in their trading account. They have an open Long position of 1 BTC, which is currently worth 50,000 USDT. The trader wants to place a sell order to close this position.

Calculation: The second part of the formula `(max[...] / (...))` will be 0, because `ab` = 0. The first part, `clVol(...)`, will be equal to the nominal value of the existing LONG position, which is 50,000 USDT. Total Power to sell will be 50,000 USDT.

**Conclusion:** Despite having zero available balance, the trader has enough trading power to completely close their position.

#### FAQ

**Why was my buy order rejected even though my position is in profit?**

Unrealized profit does indeed increase your total account equity and pushes the liquidation price further away. However, the Available Balance, which is the basis for increasing an existing position or opening a new one, is calculated conservatively and only considers negative P\&L (`upnl_negative`). Furthermore, even with a profit, if you are already using maximum leverage, you may not have the Power to add risk because all your capital is already engaged.

**Why is my Available Balance zero, but I can still place a sell order?**

This is a key concept explained in the Analysis of Trading Power. Your Power to close a position comes from the position itself, not from your free capital. The system always provides the ability to reduce risk, regardless of the available balance.

**Should my Available Balance always equal my Buying Power?**

No. As we explained above, these two values only match in one case: when you have no open positions. As soon as a position is opened, Power becomes a dynamic value that depends on the direction of your next order, while Available Balance remains a conservative measure of free funds.

**I have an open position, but my buying and selling Power are both zero. Why?**

This happens when the unrealized losses (`upnl_negative`) on your positions are so large that they have consumed not only your entire Available Balance but also almost the entire protective buffer between the initial and maintenance margin. Your account is on the verge of liquidation. In this state, the system blocks any trading actions (both increasing and decreasing the position) that could increase risk or require even minimal additional margin. The only way out of this situation is to either deposit more funds to increase collateral or wait for the market to turn in your favor.

**How does the profit on my SOL position affect my ability to open a new position in BTC?**

This question relates to the fundamental principle of cross margin. The unrealized "paper" profit on your SOL position does not increase your Available Balance. As we saw in the formula, only unrealized losses are considered for the AB calculation. Therefore, this profit does not directly give you "funds" to open a new position in BTC. However, this profit plays an important indirect role. If you have a losing position in another asset (e.g., ETH), the profit from SOL will compensate for it within the overall margin balance. This maintains the overall "health" of your account, prevents the initial margin (IM) from falling below the maintenance margin (MM) level, and thus preserves your ability to trade other assets for which you still have Power.

**How do my open limit orders affect my Available Balance?**

Open orders immediately impact Available Balance since the system employs a "worst-case scenario" approach:

* Increasing position orders immediately reserve Initial Margin, reducing Available Balance.
* Decreasing position orders (e.g., take-profit) indicate future margin release but do not increase AB immediately. The system incorporates this into the "worst-case scenario" calculation. AB only increases upon actual execution of these orders.


# Liquidations and Auto-Deleveraging (ADL)

Liquidation happens when the value of a trader's position falls below a certain threshold, rendering their margin insufficient to cover the borrowed funds. This process protects EVEDEX from incurring losses due to the trader’s inability to repay the borrowed amount.

Key reasons for liquidation include:

* **Excessive Leverage:** Using high leverage magnifies both gains and losses. Even minor price movements against the trader's position can lead to significant losses.
* **Volatility:** Cryptocurrency markets are highly volatile, and sudden price movements can quickly deplete the margin supporting leveraged positions.
* **Insufficient Margin Maintenance:** Traders are required to maintain a minimum margin level called Maintenance Margin. Failing to meet this requirement triggers liquidation.

**NOTE!** The percentage of Maintenance Margin for each instrument is individual and depends on the associated risks and the position size.

### How Are Users Liquidated?

When a trader’s position approaches the liquidation price, EVEDEX takes steps to close the position automatically.

Here’s how it typically works:

* **Monitoring Account Health:** EVEDEX closely monitors user's accounts when their account health enters the risk zone.The Liquidation Engine tracks positions every second during a margin call, ensuring rapid response to minimize unexpected losses (in normal conditions, positions 2.are checked every 5 seconds). Users are often notified via a Margin Call, informing them that their account is under increased scrutiny.
* **Margin Call:** A margin call serves as a warning to prevent the automatic liquidation of your positions. It occurs when your account's equity—that is, your trading balance plus any unrealized profits or losses—is nearly insufficient to cover the required maintenance margin for your open trades. Our system triggers a margin call when your margin utilization reaches 80%. To resolve a margin call and have the associated restrictions lifted, your margin utilization must improve to a level of 60% or better. When a margin call occurs, traders can add funds to maintain the position. However, during a margin call, we restrict the ability to buy more quantities of the current positions in the same direction, disable fund transfers from the trading balance, and prevent leverage reduction. If a user wishes to withdraw funds during a margin call, they must first close their open positions. After closing the positions, any remaining balance will be available for withdrawal.
* **Forced Liquidation:** If the trader fails to add funds or the market moves too quickly, EVEDEX forcibly closes the position to recover the borrowed funds. Additionally, EVEDEX charges a 5% liquidation fee, deducted from the required Maintenance Margin buffer.

When a user’s positions are liquidated, their account balance can drop to zero or close to zero, depending on the severity of the market movement and the leverage used.

**NOTE!** To avoid sudden local volatility, liquidation is based on the weighted average price, known as the Mark Price, rather than the Last Price. This ensures traders are not unfairly liquidated due to momentary spikes or dips.

### The Liquidation Formula

*trading balance + positions.sum(unrealized pnl) <= positions.sum(maintenance margin)*

In other words, the Liquidation Engine starts to close trader positions if the total unrealized P\&L of all opened positions and the available trading balance falls below the required Maintenance Margin level.

### Example

Trader Joe opens a BTC position with 10x leverage for $10,000. The details of the position are as follows:

* **Initial Margin (IM):** Since Joe uses 10x leverage, the Initial Margin is 10% of the position size, which equals $1,000.
* **Maintenance Margin (MM):** The Maintenance Margin is 0.5% of the position size, which equals $50.

**Note:** *If you're not familiar with the terms Initial Margin (IM) and Maintenance Margin (MM), you can learn more in the Margin section.*

If the unrealized P\&L on the position drops by 80%, Joe will receive a Margin Call. EVEDEX will notify him to add more funds to his account to restore his Account Health and avoid liquidation.

However, if the position's unrealized P\&L falls by more than 95% and Joe ignores the issued Margin Call, the liquidation process will be triggered.

A 5% liquidation fee will be applied.

## When Liquidation Isn't Enough: Auto-Deleveraging (ADL)

In most cases, liquidation is sufficient to close a position and recover losses. However, in extreme market conditions with limited liquidity or in highly price sensitive cases (such as excessive leverage), the system may not be able to close a position at or above the bankruptcy price. In such scenarios, Auto-Deleveraging is activated.

### What Is Auto-Deleveraging?

Auto-Deleveraging is a fallback risk management strategy employed by trading platforms s to close positions when they can’t fully absorb the losses. While we understand how painful this can be for profitable users, we strive to minimize the use of ADL and provide fair conditions for its activation.

### What is Bankruptcy Price?

Bankruptcy prices for an account are calculated for each user position. These prices are defined such that if the positions are forcibly liquidated at the bankruptcy price, the account margin (collateral) will not fall below zero.

The calculation is performed using the following formula:

$$bp = \frac{\left( funding - tmm \cdot liq\_fee\_percent + \sum \left( qty \cdot side \cdot (mp - avg\_price) \right) \right) \cdot \frac{mm}{tmm} - mp \cdot qty \cdot side}{qty \cdot \left( taker\_fee\_percent - side \right)}$$

or:\
`bp = ((funding - tmm * liq_fee_percent + sum(qty * side * (mp - avg_price))) * mm / tmm - mp * qty * side ) / (qty * (taker_fee_percent - side))`

Formula Parameters:

* funding — the amount of funds transferred by the user to the trading balance, minus all expenses
* tmm — the total maintenance margin of all account positions
* liq\_fee\_percent — liquidation fee percent
* taker\_fee\_percent — taker fee percent
* mm — the maintenance margin of the current position
* qty — the number of tokens in the position
* side — the position direction, calculated as: `side = Buy ? 1 : -1`
* mp — the latest mark price
* avg\_price — position average (entry) price

### How ADL Works

**Building the Candidate Queue:**

* The candidate queue for ADL consists of profitable positions of the users (let's call them ADL-affected) sorted according to internal methodology.
* This queue is regularly pre-calculated.

**During ADL Liquidation:**

* The highest-priority positions are selected from the candidate queue until their total volume matches the required amount for fully liquidating the user (let's call them Liquidation-affected).
* Open orders on the affected trading pair are canceled for the selected "ADL-affected" users to prevent execution after their deleveraging.
* For the "ADL-affected" users, OTC orders (not matched through the order book) are created to close positions at the Bankruptcy Price, covering the liquidated user’s position volume.
* Notifications about all these actions are sent to all affected users.

### Example of ADL

A user buys with 100x leverage for $1,000.

* Liq price = 99,050
* Bankruptcy price = 99,000

Let’s consider the following scenarios:

**Price drops to 99,050, and there is liquidity at 99,050 for the full 100k:**

* The user is fully liquidated through the order book using the standard method.

**Price drops to 99,050, but there is only 50k USDT at bid = 99k, with the rest available at bid = 97k:**

* 50k is liquidated through the order book.
* The remaining 50k cannot be liquidated without incurring a loss. The exchange seeks another user or group of users to close these 50k directly, bypassing the order book.

We aim to maintain stability while minimizing user impact by implementing this structured approach. Understanding ADL helps traders manage their strategies effectively and mitigate potential risks.

### Reducing ADL Exposure

In order to minimise negative consequences for ADL-affected users EVEDEX supports a protection reserve, which will be used to absorb fully or partially losses from the ADL event.


# Trading Fees

EVEDEX offers a progressive fee structure tied to our unique gamified user-level system. This incentivizes active participation and rewards users with increasing discounts as their level improves.

### Trading Fees Difference

1. **Taker Fee**: The initial fee for takers (those who remove liquidity by executing an existing order) starts at 0.045%.
2. **Maker Fee**: The initial fee for makers (those who provide liquidity by placing limit orders that are not immediately filled) starts at 0.015%.

**NOTE!** The Cashback Reward can significantly reduce fees (similar to VIP status on major exchanges).

<figure><img src="/files/G8B3JynpE5mrYckUOkwU" alt=""><figcaption></figcaption></figure>

### What’s the Difference Between Taker and Maker Fees?

The difference lies in the type of order execution:

* **Takers**: When you place a market order that immediately matches an existing order on the order book, you are a taker because you "take" liquidity.

*Example: You see an open order to sell 1 ETH at $3,000 and immediately buy it at that price. You pay the taker fee (0.045%) on the $3,000 value ($1,35).*

* **Makers**: When you place a limit order that does not immediately execute but instead sits on the order book waiting for someone to match it, you are a maker because you "make" liquidity.

*Example: You place a limit order to sell 1 ETH at $2,850. Your order stays open until someone decides to buy it at $2,850. Once the trade is executed, you pay the maker fee (0.015%) for the $2,850 value ($0,43).*

### Additional Details

* Trading Fees are charged only when orders are executed.
* There are no fees for creating orders that are not executed.
* There are no gas fees for trading positions regarding hybrid matching solutions.

### Cashback Reward

Our platform offers up to **35%** cashback in USDT on every trade, making your trading journey truly rewarding. Earn up to **30%** through our engaging [**gamification system**](https://gitlab.evedex-team.com/operations/gitbook/-/blob/master/key-features-and-components/trading-platform-and-matching-engine/broken-reference/README.md), where your activity unlocks higher rewards — and boost it even further with **extra 5%** by subscribing to [**Prime**](https://gitlab.evedex-team.com/operations/gitbook/-/blob/master/key-features-and-components/trading-platform-and-matching-engine/broken-reference/README.md). Сashback is calculated based on trading fees and credited to the user's account for withdrawal the next day. This ensures that every trade supports your trading goals and directly returns value to you.

#### **How Cashback is Calculated and Combined**

Our cashback system is designed to reward both activity and loyalty. Here's how it works:

* **Base Cashback**: You will start earning a **1% base cashback** from the 2nd level of character.
* **Subscriptions Boost**: By subscribing to **Prime**, you instantly replace the base cashback with a higher starting rate — **5%**.
* **Gamification Levels**: On top of the subscription rate, you can further increase your cashback by progressing through the **Trader Skills** in the gamification system. The more you trade and level up, the more you earn.

| Level | Base   | Prime | Trader Skills | Total  |
| ----: | ------ | ----- | ------------- | ------ |
|     1 | 0.00%  | 5.00% | 0.00%         | 5.00%  |
|     2 | 1.00%  | 5.00% | 0.00%         | 6.00%  |
|     3 | 1.04%  | 5.00% | 0.00%         | 6.04%  |
|     4 | 1.12%  | 5.00% | 0.00%         | 6.12%  |
|     5 | 1.22%  | 5.00% | 1.00%         | 7.22%  |
|     6 | 1.36%  | 5.00% | 1.00%         | 7.36%  |
|     7 | 1.51%  | 5.00% | 1.00%         | 7.51%  |
|     8 | 1.68%  | 5.00% | 1.00%         | 7.68%  |
|     9 | 1.87%  | 5.00% | 1.00%         | 7.87%  |
|    10 | 2.08%  | 5.00% | 2.00%         | 9.08%  |
|    11 | 2.30%  | 5.00% | 2.00%         | 9.30%  |
|    12 | 2.54%  | 5.00% | 2.00%         | 9.54%  |
|    13 | 2.80%  | 5.00% | 2.00%         | 9.80%  |
|    14 | 3.07%  | 5.00% | 2.00%         | 10.07% |
|    15 | 3.35%  | 5.00% | 3.00%         | 11.35% |
|    16 | 3.65%  | 5.00% | 3.00%         | 11.65% |
|    17 | 3.95%  | 5.00% | 3.00%         | 11.95% |
|    18 | 4.28%  | 5.00% | 3.00%         | 12.28% |
|    19 | 4.61%  | 5.00% | 3.00%         | 12.61% |
|    20 | 4.96%  | 5.00% | 4.00%         | 13.96% |
|    21 | 5.31%  | 5.00% | 4.00%         | 14.31% |
|    22 | 5.68%  | 5.00% | 4.00%         | 14.68% |
|    23 | 6.06%  | 5.00% | 4.00%         | 15.06% |
|    24 | 6.45%  | 5.00% | 4.00%         | 15.45% |
|    25 | 6.86%  | 5.00% | 5.00%         | 16.86% |
|    26 | 7.27%  | 5.00% | 5.00%         | 17.27% |
|    27 | 7.69%  | 5.00% | 5.00%         | 17.69% |
|    28 | 8.12%  | 5.00% | 5.00%         | 18.12% |
|    29 | 8.57%  | 5.00% | 5.00%         | 18.57% |
|    30 | 9.02%  | 5.00% | 6.00%         | 20.02% |
|    31 | 9.48%  | 5.00% | 6.00%         | 20.48% |
|    32 | 9.96%  | 5.00% | 6.00%         | 20.96% |
|    33 | 10.44% | 5.00% | 6.00%         | 21.44% |
|    34 | 10.93% | 5.00% | 6.00%         | 21.93% |
|    35 | 11.43% | 5.00% | 7.00%         | 23.43% |
|    36 | 11.94% | 5.00% | 7.00%         | 23.94% |
|    37 | 12.46% | 5.00% | 7.00%         | 24.46% |
|    38 | 12.99% | 5.00% | 7.00%         | 24.99% |
|    39 | 13.53% | 5.00% | 7.00%         | 25.53% |
|    40 | 14.07% | 5.00% | 8.00%         | 27.07% |
|    41 | 14.63% | 5.00% | 8.00%         | 27.63% |
|    42 | 15.19% | 5.00% | 8.00%         | 28.19% |
|    43 | 15.76% | 5.00% | 8.00%         | 28.76% |
|    44 | 16.34% | 5.00% | 8.00%         | 29.34% |
|    45 | 16.93% | 5.00% | 9.00%         | 30.93% |
|    46 | 17.53% | 5.00% | 9.00%         | 31.53% |
|    47 | 18.14% | 5.00% | 9.00%         | 32.14% |
|    48 | 18.75% | 5.00% | 9.00%         | 32.75% |
|    49 | 19.37% | 5.00% | 9.00%         | 33.37% |
|    50 | 20.00% | 5.00% | 10.00%        | 35.00% |

#### **How Cashback Reduces Maker & Taker Fees**

Our trading fees are transparent and competitive — but with the cashback system, they become even more cost-efficient. The higher your cashback level, the lower your *real* trading costs.

**How it works**

Maker & Taker fees are fixed, but the **net cost** depends on how much cashback you receive.

**Cashback = Effective Fee Discount**

For example:

* If the standard **Taker Fee** is 0.045% and you receive **10.07% cashback**, your effective fee becomes **0.0404%**.
* With **35% cashback**, that same Taker Fee is effectively **0.02925%**, cutting your cost by a third.

\
The more active you are and the higher your level, the more cashback you earn — and the cheaper every trade becomes. Whether you're a maker or taker, your trading strategy gets an automatic edge through rewards.

Check out the full fee table to see how your level affects your actual Maker and Taker fees:

| Level | Total Cashback | Taker fee, up to | Maker fee, up to |
| ----: | -------------- | ---------------- | ---------------- |
|     1 | 5.00%          | 0.042750%        | 0.014250%        |
|     2 | 6.00%          | 0.042300%        | 0.014100%        |
|     3 | 6.04%          | 0.042282%        | 0.014094%        |
|     4 | 6.12%          | 0.042246%        | 0.014082%        |
|     5 | 7.22%          | 0.041751%        | 0.013917%        |
|     6 | 7.36%          | 0.041688%        | 0.013896%        |
|     7 | 7.51%          | 0.041621%        | 0.013874%        |
|     8 | 7.68%          | 0.041544%        | 0.013848%        |
|     9 | 7.87%          | 0.041459%        | 0.013820%        |
|    10 | 9.08%          | 0.040914%        | 0.013638%        |
|    11 | 9.30%          | 0.040815%        | 0.013605%        |
|    12 | 9.54%          | 0.040707%        | 0.013569%        |
|    13 | 9.80%          | 0.040590%        | 0.013530%        |
|    14 | 10.07%         | 0.040469%        | 0.013490%        |
|    15 | 11.35%         | 0.039892%        | 0.013297%        |
|    16 | 11.65%         | 0.039757%        | 0.013252%        |
|    17 | 11.95%         | 0.039623%        | 0.013208%        |
|    18 | 12.28%         | 0.039474%        | 0.013158%        |
|    19 | 12.61%         | 0.039326%        | 0.013109%        |
|    20 | 13.96%         | 0.038718%        | 0.012906%        |
|    21 | 14.31%         | 0.038561%        | 0.012854%        |
|    22 | 14.68%         | 0.038394%        | 0.012798%        |
|    23 | 15.06%         | 0.038223%        | 0.012741%        |
|    24 | 15.45%         | 0.038047%        | 0.012682%        |
|    25 | 16.86%         | 0.037413%        | 0.012471%        |
|    26 | 17.27%         | 0.037228%        | 0.012409%        |
|    27 | 17.69%         | 0.037040%        | 0.012347%        |
|    28 | 18.12%         | 0.036846%        | 0.012282%        |
|    29 | 18.57%         | 0.036643%        | 0.012214%        |
|    30 | 20.02%         | 0.035991%        | 0.011997%        |
|    31 | 20.48%         | 0.035784%        | 0.011928%        |
|    32 | 20.96%         | 0.035568%        | 0.011856%        |
|    33 | 21.44%         | 0.035352%        | 0.011784%        |
|    34 | 21.93%         | 0.035132%        | 0.011711%        |
|    35 | 23.43%         | 0.034456%        | 0.011485%        |
|    36 | 23.94%         | 0.034227%        | 0.011409%        |
|    37 | 24.46%         | 0.033993%        | 0.011331%        |
|    38 | 24.99%         | 0.033755%        | 0.011252%        |
|    39 | 25.53%         | 0.033502%        | 0.011167%        |
|    40 | 27.07%         | 0.032818%        | 0.010939%        |
|    41 | 27.63%         | 0.032566%        | 0.010855%        |
|    42 | 28.19%         | 0.032315%        | 0.010772%        |
|    43 | 28.76%         | 0.032058%        | 0.010686%        |
|    44 | 29.34%         | 0.031797%        | 0.010599%        |
|    45 | 30.93%         | 0.031082%        | 0.010361%        |
|    46 | 31.53%         | 0.030812%        | 0.010271%        |
|    47 | 32.14%         | 0.030537%        | 0.010179%        |
|    48 | 32.75%         | 0.030263%        | 0.010088%        |
|    49 | 33.37%         | 0.029983%        | 0.009994%        |
|    50 | 35.00%         | 0.029250%        | 0.009750%        |


# One-Click Trading

EVEDEX offers transparency and fairness by recording all transactions on a public blockchain, eliminating the need to trust a central entity. Unlike centralized platforms, users must sign every transaction, ensuring security but potentially reducing trading efficiency. To solve this, we introduce One-Click Trading, which streamlines execution through delegated wallet authorization, allowing faster and more efficient trading – especially beneficial for high-frequency and leveraged traders.

## Technical Overview

When a user enables One-Click Trading, a separate wallet is created specifically for the current device (browser or mobile application). This is a standard EVM wallet with a private key stored securely in the user's device. The main purpose of this wallet is to act as a delegated agent, signing transactions on behalf of the user while maintaining full transparency and control.

Once set up, this delegated wallet is granted permission to interact with the exchange. To confirm the delegation, the user must sign an on-chain transaction, ensuring that security is enforced at the blockchain level. The system then verifies that the delegated wallet has the necessary authorization and matches the user's primary wallet, allowing only the user-controlled delegated wallet to execute trades and preventing unauthorized actions.

It is important to know that enabling the one-click trading option requires paying blockchain gas fees. This is why this option becomes available only after the user makes their first deposit.

**NOTE!** A delegated wallet cannot withdraw, deposit, or transfer funds – its only function is to sign trade-related transactions as authorized by the user. The user's funds always remain in their primary wallet.

## How It Works

1. Delegated Wallet Generation—When enabling one-click trading, EVEDEX generates a dedicated blockchain wallet (with a private key generated and stored locally on the user’s device).
2. Initial Authorization – The user signs a one-time transaction, delegating the right to create orders to this wallet.
3. Automated Order Signing – When a user places a trade, the delegated wallet automatically signs the order in the background without requiring manual confirmation in MetaMask or other wallets.
4. Device-Specific Delegation – Each device (desktop, mobile, etc.) generates a unique delegated wallet, requiring separate one-time authorization for one-click trading on each device. If a user accesses the exchange from a new device or the private key is cleared, there is no risk— the system will prompt the user to generate a new delegated wallet and authorize it again.


# Funding Rate

The Funding Rate is a regular payment exchanged between traders with long positions and those with short positions in perpetual futures contracts. This system helps keep the contract's price close to the actual market price of the asset. Unlike conventional futures, perpetual contracts do not have expiration dates, making it essential to employ a mechanism that encourages convergence with the spot price.

## **Purpose of the Funding Rate**

In perpetual futures markets, the absence of an expiration date can lead to persistent deviations from the underlying asset’s spot price. The Funding Rate structure incentivizes traders to assume positions that counteract such imbalances. If the perpetual price trades above the spot price, the Funding Rate typically becomes positive, prompting long position holders to pay short position holders. Conversely, if the perpetual price is below the spot price, the Funding Rate often turns negative, inducing short position holders to compensate long position holders. This periodic payment cycle ensures that perpetual futures prices remain closely anchored to the underlying market value.

## **Funding cadence**

The funding rate (FR) is computed once every 8 hours per trading pair. Settlements occur hourly, with each hour charging/crediting a pro-rated amount of FR ÷ 8 between long and short position holders.

## **Components of the Funding Rate Calculation**

The Funding Rate (fr) is determined by incorporating the Average Premium Index (aP), the Interest Rate, and the current Premium Index (P):

$$
pi = (max(0, impactBid - markPrice) - max(0, markPrice - impactAsk)) / markPrice
piAvg = movAvg(pi, -8 hours)
frRaw = piAvg + min(max(ir - piAvg, -piLimit), piLimit)
fr = min(max(frRaw, -frLimit), frLimit)
$$

Where:

* `impactBid` - volume-weighted average execution price for a USD 1,000 market buy, computed from the current order book.
* `impactAsk` - volume-weighted average execution price for a USD 1,000 market sell, computed from the current order book.
* `ir` - interest coefficient, set to 0.01%.
* `piLimit` - premium index band (corridor) size, set to 0.05%.
* `frLimit` - commission cap, set to 0.375%.

<details>

<summary>Example Calculation</summary>

Consider a scenario with the following parameters:

Given:

* mark price = **$50,850**
* impactBid = **$50,050**
* impactAsk = **$50,150**
* `ir` = **0.01%**
* `piLimit` = **0.05%**
* `frLimit` = **0.375%**

1. **Premium Index:**\
   `pi = (0 - (50850 - 50150)) / 50850 = -0.0138%`
2. **8-hour average:**\
   `piAvg = -0.0141%`
3. **Raw funding rate:**\
   `frRaw = -0.0141% + clamp(0.01% - (-0.0141%), -0.05%, 0.05%) = 0.0100%`
4. **Final rate:**\
   `fr = clamp(0.0100%, -0.375%, 0.375%) = 0.0100%`

A **$51,000** long position pays **$5.10** (`51000 × 0.0100%`) to short holders over the 8-hour funding period.

</details>

## **Impact on Trading Strategies**

The funding rate mechanism serves several crucial functions:

* **Price Convergence**: Maintains alignment between perpetual futures and spot prices
* **Market Balance**: Incentivizes traders to take opposing positions when imbalances occur
* **Risk Management**: Provides a clear cost structure for position maintenance
* **Market Efficiency**: Contributes to overall market stability and price discovery

This trading infrastructure positions EVEDEX at the forefront of decentralized derivatives trading, offering the performance and features of traditional exchanges while maintaining the benefits of decentralization. The platform's ability to handle complex options trading requirements while ensuring high performance and reliability makes it suitable for both retail and institutional traders.


# Deposit & Withdraw

EVEDEX has implemented an innovative solution that enables users to fund their accounts effortlessly with any currency from any network. This seamless deposit process removes traditional barriers, allowing you to enjoy the benefits of a decentralized platform without compromising on ease of use.

Moreover, to eliminate the hassle of manually signing transactions every time you top up your exchange balance, we've created the "personal deposit contract" — an innovative solution crafted by our team to streamline your experience while keeping your assets secure.

### Understanding the Temporary Wallet

Our solution features what we call a "personal deposit contract" in essence, operates as a smart contract deployed on the Arbitrum network, designed to securely hold funds before they are routed to the appropriate bridge based on available liquidity. Unlike a traditional temporary hot wallet, which requires a private key, our system uses a smart contract that can only transfer tokens to a specified bridge, ensuring maximum security and eliminating the need for private key management. The contract’s code is open-source and audited, allowing anyone to verify its integrity and operations. This innovative approach enhances both security and usability without compromising decentralization.

Key advantages:

* **Smart Contract-Based**: Instead of a traditional wallet with private keys, our temporary wallet is a smart contract deployed on the Arbitrum network. This smart contract temporarily receives your funds when you make a deposit.
* **Seamless Fund Transfer**: Once your funds are in the temporary wallet, they are automatically transferred to the appropriate liquidity bridge. The bridge selection depends on the current liquidity, ensuring that your assets are efficiently routed to your final trading account.
* **Enhanced Security**: The smart contract is designed to send tokens only to a pre-specified bridge address and destination address to boost security.
* **Transparency and Trust**: The code for our smart contracts is fully open-source and has undergone rigorous audits. This means anyone can review and verify exactly how your funds are handled, providing complete transparency.

In summary, our temporary wallet marries the convenience of centralized systems with the security and transparency inherent to decentralized technology, ensuring a safe and user-friendly experience for all your transactions.

<figure><img src="/files/ef5G7KanwxbOMo6O1VfI" alt=""><figcaption></figcaption></figure>

<figure><img src="https://gitlab.evedex-team.com/operations/gitbook/-/blob/master/.gitbook/assets/deposit_process_2_.png" alt=""><figcaption></figcaption></figure>

<div align="center" data-full-width="false"><figure><img src="/files/pmjfE9iYZgrtgQhuRplf" alt=""><figcaption></figcaption></figure></div>

**Deposit Process**

The deposit process is designed to be intuitive for users and robust technically. Here is a step-by-step outline of the process:

* **User Authentication**: The journey begins when a user logs into our exchange using their own wallet. This secure authentication step ensures that each user’s funds and activities are directly tied to their wallet.
* **Initiating a Deposit**: Once authenticated, the user selects the Deposit option and chooses the desired network, token, and the amount they wish to transfer. Route Selection via Aggregator: Our integrated aggregator presents the user with several routing options. These options vary based on the final amount received and the expected processing time. After reviewing these choices, the user signs the transaction from their wallet.
* **Utilizing the Temporary Wallet**: The transaction directs funds to the user’s personal deposit contract – a smart contract whose address is deterministically calculated before deployment. Although the contract is not deployed in advance, we can accurately predict its future address, which is uniquely linked to the user’s wallet. Importantly, this address cannot have a private key by design, reducing potential security risks.
* **Monitoring and Verification**: We use Quicknode’s Streams service to monitor all the USDT movements on the Arbitrum network. Once a deposit is detected on any of the personal deposit contracts, the system initiates further verification.
* **Compliance and Contract Deployment**: EVEDEX Core Engine ensures that the deposit meets a minimum threshold (7 USDT) and passes the AML checks through external vendor API. Then, our system deploys a new smart contract or uses an already deployed one if the user deposited funds before. A small fee for smart contract deployment (usually around USDT 0.1) is charged.
* **Transferring Funds to the Bridge**: A designated account calls a method on the newly deployed contract to transfer the funds to the liquidity provider. This step is crucial for bridging the liquidity to our L3 network.
* **Final Credit to the Smart Account**: Finally, the funds are deposited to our L3 network Eventum and to the user's Smart Account accordingly. At this point, the user can begin trading on the exchange seamlessly.

<figure><img src="/files/4Hl7OJTiFCdbk2astcDQ" alt=""><figcaption></figcaption></figure>

#### Withdrawals from EVEDEX

Withdrawing funds from our network is just as simple and secure as depositing them:

* **User-Initiated Withdrawal**: To withdraw funds, the user specifies the amount in USDT and selects the desired target network.
* Liquidity Verification: Our system then checks liquidity across our network of liquidity providers to speed up the withdrawal process and avoid 1 hour withdrawal period.
* **Efficient Transfer**: Based on the liquidity check, the system transfers the specified amount in USDT to the user's target network. This ensures you receive your funds promptly and reliably, regardless of the network.


# Market Makers and Liquidity Provision

Market makers are integral participants in ensuring consistent liquidity, price stability, and competitive spreads on our cryptocurrency exchange. By placing both buy and sell orders within defined price ranges, market makers mitigate volatility, facilitate smoother trading experiences, and attract organic liquidity from retail and institutional traders.

### Liquidity Requirements and Depth Targets

To establish robust initial liquidity and foster organic growth, market makers will adhere to structured depth requirements and liquidity provisions as outlined below:

**Initial Phase (1–3 Months)**

* **Level 1**: Maintain a minimum liquidity depth of $500,000–$1,000,000 within ±2% of the average market price for primary trading pairs (e.g., BTC/USDT, ETH/USDT).
* **Level 2**: Provide enhanced liquidity depth of $1,000,000–$2,000,000 within ±2% of the average market price for primary trading pairs (e.g., BTC/USDT, ETH/USDT).

**Growth Phase (3–6 Months)**

* **Level 1**: Expand liquidity depth to $3,000,000–$5,000,000 within ±3% of the average market price.
* **Level 2**: Further deepen liquidity to $5,000,000–$10,000,000 within ±3% of the average market price.

### Key Performance Indicators (KPIs)

Market makers will be evaluated against the following performance metrics:

**Bid/Ask Spread**: Maintain target spreads below 0.1% for leading pairs.

**Slippage**: Limit slippage to a maximum of 0.5% for orders up to $100,000 during the growth phase.

**Trading Volume**:

* **Level 1**: Achieve minimum daily trading volumes of $10M–$15M in Q1 to stimulate organic liquidity.
* **Level 2**: Reach daily trading volumes of $15M–$20M to reinforce liquidity depth.

### Incentives for Market Makers

To encourage active and sustained participation, market makers are offered favorable fee structures:

| Level | Maker Fee |
| ----- | --------- |
| 1     | -0.001%   |
| 2     | -0.002%   |

Negative maker fees represent rebates, rewarding market makers who contribute significantly to market depth and stability. These incentives ensure alignment of interests between market makers and our platform, promoting long-term collaborative growth.

If you are interested in becoming a market maker, please contact us at [partner@evedex.com](emailto:partner@evedex.com).


# Contract Specifications

### All Assets

<table data-header-hidden data-full-width="false"><thead><tr><th></th><th></th></tr></thead><tbody><tr><td><strong>Underlying Asset</strong></td><td>Asset Index Price</td></tr><tr><td><strong>Settlement Type</strong></td><td>Perpetual (no expiry)</td></tr><tr><td><strong>Initial Margin Requirements</strong></td><td>1 / (user leverage)</td></tr><tr><td><strong>Minimal Order Value</strong></td><td>5 USDT or Min Step Size</td></tr><tr><td><strong>Mark Price</strong></td><td>See Mark Price docs</td></tr><tr><td><strong>Funding rate</strong></td><td>See Funding rate <a href="/pages/24ybcqwELZg81FDVucWm">docs</a></td></tr><tr><td><strong>Funding Rate Interval</strong></td><td>8 hours</td></tr><tr><td><strong>Trading Hours</strong></td><td>24/7</td></tr></tbody></table>

### BTC-USD

<table data-header-hidden data-full-width="false"><thead><tr><th></th><th></th></tr></thead><tbody><tr><td><strong>Maintenance Margin Requirements</strong></td><td>⩾0.56% notional value. See full <a href="https://exchange.evedex.com/margin-parameters">list</a></td></tr><tr><td><strong>Leverage</strong></td><td>100x</td></tr><tr><td><strong>Price Step Size</strong></td><td>0.001 BTC</td></tr></tbody></table>

### ETH-USD

<table data-header-hidden data-full-width="false"><thead><tr><th></th><th></th></tr></thead><tbody><tr><td><strong>Maintenance Margin Requirements</strong></td><td>⩾0.59% notional value. See full <a href="https://exchange.evedex.com/margin-parameters">list</a></td></tr><tr><td><strong>Leverage</strong></td><td>100x</td></tr><tr><td><strong>Price Step Size</strong></td><td>0.01 ETH</td></tr></tbody></table>

### SOL-USD

<table data-header-hidden data-full-width="false"><thead><tr><th></th><th></th></tr></thead><tbody><tr><td><strong>Maintenance Margin Requirements</strong></td><td>⩾0.78% notional value. See full <a href="https://exchange.evedex.com/margin-parameters">list</a></td></tr><tr><td><strong>Leverage</strong></td><td>75x</td></tr><tr><td><strong>Price Step Size</strong></td><td>0.1 SOL</td></tr></tbody></table>

### XRP-USD

<table data-header-hidden data-full-width="false"><thead><tr><th></th><th></th></tr></thead><tbody><tr><td><strong>Maintenance Margin Requirements</strong></td><td>⩾0.89% notional value. See full <a href="https://exchange.evedex.com/margin-parameters">list</a></td></tr><tr><td><strong>Leverage</strong></td><td>75x</td></tr><tr><td><strong>Price Step Size</strong></td><td>1 XRP</td></tr></tbody></table>

### LTC-USD

|                                     |                                                                                       |
| ----------------------------------- | ------------------------------------------------------------------------------------- |
| **Maintenance Margin Requirements** | ⩾1.54% notional value. See full [list](https://exchange.evedex.com/margin-parameters) |
| **Leverage**                        | 50x                                                                                   |
| **Price Step Size**                 | 0.1 LTC                                                                               |

### DOGE-USD

<table data-header-hidden data-full-width="false"><thead><tr><th></th><th></th></tr></thead><tbody><tr><td><strong>Maintenance Margin Requirements</strong></td><td>⩾0.89% notional value. See full <a href="https://exchange.evedex.com/margin-parameters">list</a></td></tr><tr><td><strong>Leverage</strong></td><td>75x</td></tr><tr><td><strong>Price Step Size</strong></td><td>1 DOGE</td></tr></tbody></table>

### WIF-USD

<table data-header-hidden data-full-width="false"><thead><tr><th></th><th></th></tr></thead><tbody><tr><td><strong>Maintenance Margin Requirements</strong></td><td>⩾1.03% notional value. See full <a href="https://exchange.evedex.com/margin-parameters">list</a></td></tr><tr><td><strong>Leverage</strong></td><td>75x</td></tr><tr><td><strong>Price Step Size</strong></td><td>1 WIF</td></tr></tbody></table>

### SUI-USD

<table data-header-hidden data-full-width="false"><thead><tr><th></th><th></th></tr></thead><tbody><tr><td><strong>Maintenance Margin Requirements</strong></td><td>⩾1.33% notional value. See full <a href="https://exchange.evedex.com/margin-parameters">list</a></td></tr><tr><td><strong>Leverage</strong></td><td>50x</td></tr><tr><td><strong>Price Step Size</strong></td><td>10 SUI</td></tr></tbody></table>

### JUP-USD

<table data-header-hidden data-full-width="false"><thead><tr><th></th><th></th></tr></thead><tbody><tr><td><strong>Maintenance Margin Requirements</strong></td><td>⩾1.67% notional value. See full <a href="https://exchange.evedex.com/margin-parameters">list</a></td></tr><tr><td><strong>Leverage</strong></td><td>50x</td></tr><tr><td><strong>Price Step Size</strong></td><td>1 JUP</td></tr></tbody></table>

### ARB-USD

<table data-header-hidden data-full-width="false"><thead><tr><th></th><th></th></tr></thead><tbody><tr><td><strong>Maintenance Margin Requirements</strong></td><td>⩾1.54% notional value. See full <a href="https://exchange.evedex.com/margin-parameters">list</a></td></tr><tr><td><strong>Leverage</strong></td><td>50x</td></tr><tr><td><strong>Price Step Size</strong></td><td>0.1 ARB</td></tr></tbody></table>

### LINK-USD

|                                     |                                                                                       |
| ----------------------------------- | ------------------------------------------------------------------------------------- |
| **Maintenance Margin Requirements** | ⩾1.54% notional value. See full [list](https://exchange.evedex.com/margin-parameters) |
| **Leverage**                        | 50x                                                                                   |
| **Price Step Size**                 | 0.1 LINK                                                                              |

### 1000PEPE-USD

<table data-header-hidden data-full-width="false"><thead><tr><th></th><th></th></tr></thead><tbody><tr><td><strong>Maintenance Margin Requirements</strong></td><td>⩾1.33% notional value. See full <a href="https://exchange.evedex.com/margin-parameters">list</a></td></tr><tr><td><strong>Leverage</strong></td><td>50x</td></tr><tr><td><strong>Price Step Size</strong></td><td>100 PEPE</td></tr></tbody></table>

### LDO-USD

<table data-header-hidden data-full-width="false"><thead><tr><th></th><th></th></tr></thead><tbody><tr><td><strong>Maintenance Margin Requirements</strong></td><td>⩾3.33% notional value. See full <a href="https://exchange.evedex.com/margin-parameters">list</a></td></tr><tr><td><strong>Leverage</strong></td><td>25x</td></tr><tr><td><strong>Price Step Size</strong></td><td>0.1 LDO</td></tr></tbody></table>


# Pre-IPO Perpetual Contracts

#### What is a Pre-IPO Perpetual Contract?

A Pre-IPO Perpetual Contract is a synthetic perpetual futures contract aimed to track expectations of the market of anticipated public listing of certain companies. Its price references a market-implied valuation of a private company that has not conducted an initial public offering. It is a contract for price exposure only.\
\
A position in a Pre-IPO Perpetual Contract does not represent equity ownership in the referenced company and does not provide any rights associated with holding shares.

**A Pre-IPO Perpetual Contract is NOT, and does not give you:**

* any share, stock, equity, or ownership interest in the referenced company;
* any right to receive, purchase, subscribe for, convert into, or take delivery of any share or security;
* any voting right, dividend, distribution, information right, or any other shareholder or economic right;
* any claim, recourse, or relationship of any kind against the referenced company or its affiliates;
* any interest that is transferable on the books or records of the referenced company.

It is settled in USDT. At no point do you acquire, hold, or transfer any actual security or share or underlying.

#### How the price is determined

The contract references an index price as explained in the respective section. Because the referenced company is private, there is no public, regulated market for its shares. Price discovery is limited, the reference market may be thin, illiquid, and volatile, and the index price may differ substantially from any price at which the company's shares are actually valued, sold, or eventually offered in an IPO or during respective filings prior to the IPO.

#### What happens at an IPO, or if there is no IPO

Prior to the IPO or if there is no IPO, EVEDEX may delist respective Pre-IPO Perpetual Contracts and settle the contract.

If the company conducts an IPO, EVEDEX reserves the right to convert the contract, adjust ("rebase") the contract size, change the reference index, or take other actions described in the respective notifications. The converted product may differ materially.

#### Core risk disclaimers

* You can lose your entire margin, and losses can occur rapidly. These contracts are highly speculative and use leverage, which magnifies both gains and losses. Adverse price moves can trigger liquidation or auto-deleveraging. These contracts may experience significantly higher volatility than standard perpetual contracts. Please evaluate your risk tolerance accordingly.
* The companies, which shares are referenced, have not publicly filed an S-1. The actual total share count, valuation, and IPO timeline remain uncertain. Please assess these risks carefully and assume full responsibility. These contracts do not represent equity, shares, or any ownership, economic, or legal interest in respective companies, and holders have no rights or recourse against either company or its affiliates.
* Synthetic exposure only. The value of the contract is not backed by, and does not represent, any real shares held by EVEDEX or anyone else.
* There is no affiliation with the referenced company.&#x20;
* No IPO is promised or guaranteed, and EVEDEX has no knowledge of, or control over, if or when any company conducts an IPO.
* Not reviewed or approved by any regulator. These contracts have not been registered with, reviewed, or approved by any securities or financial regulator in any jurisdiction.
* Availability is restricted. These contracts are not offered to US persons or to persons in other Prohibited Jurisdictions.
* You are responsible for legality. You are solely responsible for determining whether trading these contracts is lawful for you, and for any tax consequences.

#### **Due to the specific nature of the contract EVEDEX reserves the right, at its sole discretion, to:**

* Adjust contract specifications, including pricing and settlement mechanisms
* Modify or replace the reference share count used for valuation
* Limit available trading volume per user or general open interest&#x20;
* Extend or terminate the pre-IPO perpetual contract
* Delist the contract at any time


# Enhanced User Experience & Account Abstraction

EVEDEX leverages Account Abstraction (AA) technology to significantly improve user experience, security, and functionality within our ecosystem. By implementing AA, we address key challenges faced by traditional blockchain accounts while opening up new possibilities for asset management and interaction with our platform.

{% hint style="success" %}

#### **Account Abstraction**

*Simplifies blockchain interactions, enabling features like gasless transactions, advanced security configurations, and seamless cross-device account management.*
{% endhint %}

{% hint style="success" %}

#### **User-Friendly Interface**

*Adaptive design for web and mobile platforms, customizable tools, and intuitive navigation tailored for traders of all levels.*
{% endhint %}

***

{% content-ref url="/pages/0CrZHUwEeKMaFEQ1Iye5" %}
[What is Account Abstraction?](/key-features-and-components/enhanced-user-experience-and-account-abstraction/what-is-account-abstraction)
{% endcontent-ref %}

{% content-ref url="/pages/q8ax9amSxiF0j4UPGXu2" %}
[Benefits of Account Abstraction](/key-features-and-components/enhanced-user-experience-and-account-abstraction/benefits-of-account-abstraction)
{% endcontent-ref %}

{% content-ref url="/pages/E4OZNRrW1CShYzp5DDAs" %}
[Technical Implementation](/key-features-and-components/enhanced-user-experience-and-account-abstraction/technical-implementation)
{% endcontent-ref %}


# What is Account Abstraction?

**Account Abstraction** is a concept in Ethereum that aims to enhance the flexibility and functionality of user accounts by making them programmable and enabling smart contracts to act as wallets. Traditionally, Ethereum distinguishes between two types of accounts:

**Externally Owned Accounts (EOAs):** Controlled by private keys, EOAs can send transactions and interact with smart contracts. **Contract Accounts:** Operated by code and cannot initiate transactions themselves; they can only respond to incoming calls.

Account Abstraction merges the features of these two account types, allowing users to define custom logic for their accounts, making them more versatile and easier to manage.

## Key Features of Account Abstraction

**Programmable Transactions:**

* Users can define specific rules for transaction execution, such as requiring multiple signatures, time-based conditions, or pre-approval logic.
* This programmability reduces reliance on centralized services and enhances security. **Gas Fee Flexibility:**
* Traditionally, EOAs must pay gas fees using Ether. Account Abstraction enables payment in other ERC-20 tokens or even allows gas fees to be sponsored by third parties.
* This reduces barriers to entry for new users who may not hold Ether initially. **Social Recovery Mechanisms:**
* Accounts can be designed with recovery options, enabling users to regain access if they lose their private keys. For instance, trusted parties or multi-signature schemes can authorize recovery processes. **Simplified User Experience:**
* With Account Abstraction, wallets can offer features like batched transactions, automated payments, and seamless interactions with decentralized applications (dApps).

Account Abstraction represents a transformative step in Ethereum's evolution, enabling customizable, user-friendly, and secure wallets. By bridging the gap between EOAs and contract accounts, it simplifies interactions with blockchain applications while enhancing security and flexibility, paving the way for broader adoption of decentralized technologies.


# Benefits of Account Abstraction

Account Abstraction (AA) introduces a range of powerful features that improve security, usability, and flexibility within decentralized systems. By enabling programmable and customizable accounts, AA transforms the way users interact with blockchain networks. Below are the key benefits:

{% hint style="success" %}

#### **Enhanced Account Recovery**

AA enables sophisticated account recovery mechanisms, mitigating the risk of permanent fund loss due to lost private keys. Users can implement social recovery systems, allowing trusted contacts or devices to assist in regaining account access. This feature is crucial for maintaining long-term engagement and trust in our platform
{% endhint %}

{% hint style="success" %}

#### **Flexible Security Configurations**

Users can customize their security settings, including multi-signature requirements and time-locked transactions. These features allow for freezing assets in case of suspicious activity, providing an additional layer of protection against unauthorized access or theft
{% endhint %}

{% hint style="success" %}

#### **Gasless Transactions & Fee Abstraction**

AA allows for more flexible fee payment options. Users can potentially pay transaction fees using ERC-20 tokens like USDT, eliminating the need to hold native blockchain tokens for gas fees. This significantly reduces onboarding friction and improves the overall user experience.
{% endhint %}

{% hint style="success" %}

#### **Session-Based Trading**

EVEDEX can offer session-based trading, allowing users to create temporary, limited-permission sessions. This feature enables one-click trading without the need to sign every transaction, dramatically improving the trading experience while maintaining security.
{% endhint %}

{% hint style="success" %}

#### **Advanced Transaction Approval**

For high-value transactions or specific trading operations, AA allows the implementation of additional verification steps, such as email or Telegram confirmations. This multi-factor authentication approach enhances security for sensitive operations.
{% endhint %}

{% hint style="success" %}

#### **Cross-Device Account Management**

AA facilitates the creation of smart accounts that can be managed across multiple devices with flexible access settings. This feature allows users to securely access their accounts from both web and mobile interfaces without sharing private keys between devices.
{% endhint %}


# Technical Implementation

The technical architecture of EVEDEX leverages Account Abstraction (AA) to streamline user interactions and enhance operational efficiency. At its core, this implementation redefines how accounts and transactions are managed on the blockchain, replacing rigid account models with a programmable and modular framework.

By utilizing AA, EVEDEX eliminates the dependency on Externally Owned Accounts (EOAs) and instead empowers smart contract wallets to act as first-class citizens in transaction execution. This paradigm shift not only simplifies complex workflows but also enables seamless integration of advanced features, such as sponsored transactions, custom verification logic, and batched operations.

The AA framework redefines transaction workflows by enabling operations to include advanced features such as fee abstraction, custom verification logic, and batch processing. The key components of this implementation are as follows:

* **UserOperation:** A structured data object that encapsulates transaction details, serving as a universal format for transactions. Unlike traditional transactions, UserOperation supports multi-step and complex interactions, allowing for greater flexibility.
* **Sender:** The originator of the operation, which can be a human-controlled smart contract wallet or an autonomous smart contract managing specific assets or processes.
* **Bundler:** Responsible for aggregating multiple UserOperations into a single block. This component optimizes resource usage and improves network efficiency by reducing the overhead associated with processing individual transactions.
* **Paymaster:** A specialized smart contract that sponsors gas fees for operations, enabling advanced use cases such as gasless transactions and fee delegation.
* **Aggregator:** Combines and validates multiple signatures from various users or wallets. This reduces the cryptographic and computational load required for handling multi-signature transactions, improving throughput and scalability.
* **EntryPoint:** A central smart contract that validates the UserOperations, facilitates interaction with Paymasters and Bundlers, and securely executes the operations. The EntryPoint contract acts as the orchestrator for AA workflows, ensuring all components interact seamlessly.

This implementation eliminates the coupling of accounts with cryptographic key pairs, enabling a shift to more programmable and customizable account structures. For example, smart contracts acting as wallets can include programmable spending limits, recovery mechanisms, or dynamic authorization logic, which are not feasible with EOAs.

The modular design of this system ensures that individual components, such as Paymasters or Aggregators, can be customized or upgraded independently. This extensibility makes the architecture adaptable to evolving network conditions and emerging use cases.

By integrating Account Abstraction, EVEDEX aims to provide a robust and developer-friendly foundation for decentralized exchanges, prioritizing efficiency, scalability, and secure interactions while addressing technical challenges inherent in current blockchain systems.


# Comprehensive Educational Resources

EVEDEX recognizes that knowledge is the cornerstone of financial independence and successful trading. To empower our users, we have developed an extensive trading educational platform, providing access to high-quality learning materials and resources designed to enhance financial literacy, trading skills, and personal development.

{% hint style="success" %}

#### **Educational Center**

Provides courses on trading, risk management, and blockchain technologies.
{% endhint %}

{% hint style="success" %}

#### **Interactive Learning Tools**

Includes simulators and gamified experiences to enhance user engagement and skill development.
{% endhint %}

By integrating this comprehensive educational platform, EVEDEX not only equips users with the tools necessary for successful trading but also supports their overall personal and financial development. This commitment to education reinforces our mission to democratize access to advanced financial instruments and foster a community of empowered, knowledgeable users.

{% content-ref url="/pages/bWb5p4RS8k6ow9PIgpk6" %}
[EVEDEX Academy](/key-features-and-components/comprehensive-educational-resources/evedex-academy)
{% endcontent-ref %}

{% content-ref url="/pages/cxCWBsTdVWzfNEOV8brC" %}
[Core Educational Areas](/key-features-and-components/comprehensive-educational-resources/core-educational-areas)
{% endcontent-ref %}

{% content-ref url="/pages/btTWP2j6TRT5GWyqrbnW" %}
[Risk Disclosure](/key-features-and-components/comprehensive-educational-resources/risk-disclosure)
{% endcontent-ref %}


# EVEDEX Academy

<div><figure><img src="/files/WXTSNritTnwD7asVCp4g" alt=""><figcaption></figcaption></figure> <figure><img src="/files/B7lrjNj5J0ZLeOwDzoGh" alt=""><figcaption></figcaption></figure></div>

The EVEDEX Academy offers a wide array of courses and materials covering essential topics that cater to both novice and experienced users. Our educational resources are structured to provide actionable insights and practical tools that users can apply immediately to enhance their financial skills.

**Key Features**

* Diverse Curriculum: Covers essential topics grouped into broader areas, including Income Generation Strategies, Personal Finance and Wealth Management, Personal Development and Well-being, and Marketing, Branding, and Entrepreneurship.
* Expert-Led Courses: Learn from mentors and professionals with proven success in their respective fields, providing real-world insights and strategies.
* Interactive Learning Tools: Engage with trading simulators, gamified modules, and practical exercises to reinforce learning and build confidence.
* Community Support: Join a global network of like-minded individuals to share experiences, collaborate, and support each other's growth.

## Interactive Learning Tools

To facilitate an engaging and practical learning experience, the EVEDEX Academy includes:

* **Trading Simulators**: Utilize simulators to practice trading strategies in a risk-free environment, allowing you to gain confidence before engaging in real markets.
* **Engaging Education**: Interactive courses that incorporate gamification to make learning enjoyable and reinforce key concepts effectively.
* **Expert Insights**: Participate in regular sessions led by industry experts, covering timely topics and advanced strategies.

## Community and Mentorship

EVEDEX fosters a supportive community where users can connect, collaborate, and grow together.

* **Global Community Access**: Join a network of like-minded individuals striving to improve their financial futures.
* **Mentorship Opportunities**: Learn directly from mentors with outstanding results in their fields, offering customized strategies and advice.
* **Live Webinars and Workshops**: Engage in forums and discussion groups to exchange ideas, seek advice, and support one another's journeys.


# Core Educational Areas

### **Trading & Blockchain Technology**

* **Blockchain Fundamentals**: Gain a deep understanding of blockchain technology and its applications in the financial sector;
* **Financial Literacy**: Master the fundamentals of budgeting, saving, and effective money management;
* **Trading Skills**: Develop proficiency in trading, including perpetual futures, using advanced tools and strategies.

### **Personal** **Management & Well-being**

* **Investment Planning**: Understand how to manage your finances regardless of your level of income;
* **Stress Management**: Acquire tools to manage stress and maintain balance in a fast-paced environment;
* **Mindset and Motivation**: Cultivate a success-oriented mindset by overcoming limiting beliefs and adopting habits that drive achievement;
* **Goal Setting and Productivity**: Learn techniques for effective goal setting, time management, and enhancing personal productivity.

### **Trading Strategies & Methods**

* **Develop Multiple Income Streams**: Learn how to create and manage various passive and active income sources, applying methods used by successful individuals to secure your financial future;
* **Cryptocurrency Assets**: Explore strategies of holding and trading cryptocurrencies, leveraging opportunities in the digital asset markets;
* **Long-Term Wealth Growth Methods**: Learn about methods that have showed the growth year after year;
* **Affiliate Marketing**: Gain insights into one of efficient ways to earn money online with less competition and without significant initial investment.

### **Entrepreneurship & Relationship Building**

* **Community Engagement**: Develop skills to build meaningful relationships within the EVEDEX community and beyond.
* **Teamwork and Collaboration**: Enhance your ability to work effectively with others, fostering environments of mutual growth.


# Risk Disclosure

{% hint style="danger" %}
The information, courses, and materials provided by EVEDEX Academy are intended for educational and informational purposes only. They do not constitute financial, investment, legal, tax, or other professional advice, and should not be relied upon as such.

Cryptocurrency and financial markets involve inherent risks, including but not limited to high volatility, lack of regulation in some jurisdictions, and the potential for loss of capital. Engaging in trading, investment, or financial activities based on cryptocurrency markets can result in substantial financial loss. You should never invest more than you can afford to lose.

EVEDEX Academy does not provide investment or financial advice or personalized recommendations. All strategies and methods presented in our courses and materials are for illustrative purposes only and do not guarantee any specific results, profits, financial growth or returns.

By using our educational content, you acknowledge and accept full responsibility for your decisions and actions. Participation in any market-based activity is solely at your own risk.
{% endhint %}


# Transparent & Fair Copy Trading

This integrated ecosystem approach offers EVEDEX a unique combination of high-performance trading, user-centric design, and community-driven development.

{% hint style="danger" %}
**Please note the following risks when making a decision to use Copy Trading service:**

* You should consider your financial situation, including your financial commitments.
* You should understand that copy trading is highly speculative and that you could sustain losses.
* There is no guarantee of future profit or other positive results arising out of copy trading.
* Copy trading involves automated trading execution without manual actions from your side.
* Cash-out and withdrawals by the trader you copy, strategy and/or portfolio you are copying may also generate a materially different result for you than the trader that you copied.
* We make no representations or warranties regarding the level of expertise, skills, knowledge and care of a particular trader you choose to copy.
  {% endhint %}

{% hint style="success" %}

#### **Copy Trading System**

*Implements strict approval processes, monitoring, and a rating system to ensure fair execution and informed decision-making.*
{% endhint %}

{% hint style="success" %}

#### **Decentralized Oracles**

*Provides accurate and manipulation-resistant pricing for all trading pairs*
{% endhint %}

***

{% content-ref url="/pages/3uMgV2Awseb4Kx1ryzUt" %}
[Copy Trading Quality Assurance & Certification](/key-features-and-components/transparent-and-fair-copy-trading/copy-trading-quality-assurance-and-certification)
{% endcontent-ref %}


# Copy Trading Quality Assurance & Certification

EVEDEX implements a rigorous certification system for copy trading participants to ensure the highest standards of trading expertise and ethical conduct. This comprehensive approach protects followers while creating opportunities for skilled traders to monetize their expertise.

## **Mandatory Education & Certification**

Before being eligible to offer copy trading services on the platform, traders must complete EVEDEX's Advanced Trading Certification Program. This requirement ensures that all copy trading providers possess both theoretical knowledge and practical skills necessary for responsible portfolio management.

The certification process consists of several key components:

### Educational Requirements

* Completion of the EVEDEX Advanced Trading Course, covering market analysis, risk management, and trading psychology
* Understanding of ethical trading practices and fiduciary responsibilities
* Mastery of platform-specific features and copy trading mechanics

### Performance Requirements

* Demonstration of consistent trading performance over a minimum period
* Proven risk management capabilities through monitored test trading
* Track record of maintaining appropriate position sizes and leverage levels

### **Certification Examination**

* Multi-stage assessment evaluating both theoretical knowledge and practical trading skills
* Real-time trading scenarios and risk management simulations
* Ethics and compliance evaluation focusing on responsible trading practices

Only after successfully completing all certification requirements can traders apply for copy trading provider status. This certification must be renewed periodically to ensure continued compliance with platform standards and updated trading practices.

## **Ongoing Monitoring & Quality Control**

EVEDEX maintains strict oversight of certified copy trading providers through:

* Regular performance reviews and risk metric analysis
* Continuous monitoring of trading patterns for potential manipulation
* Assessment of client satisfaction and complaint resolution
* Periodic re-certification requirements to ensure maintained competency

This comprehensive certification framework enhances the quality of copy trading services while providing followers with confidence in their chosen trading providers. The system aligns with EVEDEX's commitment to democratizing access to sophisticated trading strategies while maintaining the highest standards of market integrity.


# Gamification & Affiliate Program

EVEDEX’s Affiliate program integrates gaming elements into the trading experience. It allows users to progressively level up their accounts and unlock increasingly competitive fee structures and perks. Built on skill trees, achievement quests, and optional subscriptions, it ensures newcomers and professionals can enhance their trading benefits through active participation or accelerated membership plans.

***

{% content-ref url="/pages/p5Lcp5Vx1bo6EgxBouqS" %}
[Affiliate Program](/key-features-and-components/gamification-and-affiliate-program/affiliate-program)
{% endcontent-ref %}

{% content-ref url="/pages/OBgqCOF9sMEI4uEjo10p" %}
[Level Progression & Skill Allocation](/key-features-and-components/gamification-and-affiliate-program/level-progression-and-skill-allocation)
{% endcontent-ref %}

{% content-ref url="/pages/fHMPfwdfOEMrJoegJEiW" %}
[Prime Subscription](/key-features-and-components/gamification-and-affiliate-program/prime-subscription)
{% endcontent-ref %}


# Affiliate Program

## Overview

Our affiliate program allows you to earn rewards by referring users to EVEDEX. Currently, you receive commissions from the trading activities of your referrals. In the future, we plan to expand earning opportunities to include revenue from various other sources, such as your referrals subscription payments (e.g., Prime subscription), P2P, Copy-Trading and more.

## Earnings

Upon registering on the exchange, every user automatically becomes a participant in the referral program. You can immediately start inviting friends and earning from their trading activity – no additional verification is required.

There are multiple ways to maximize your earnings:

* Share your unique referral link in trading communities, Telegram groups, or Discord servers.
* Create YouTube videos, blog posts, or social media content promoting our platform and share your personal link.
* Encourage your audience to join and trade on our exchange, increasing your potential revenue.

The more users you bring in, the more commissions you accumulate over time. There is no expiration period for your referrals – once a user signs up through your link, you will earn commissions from their trading activity for their lifetime.

## Links

Generating your referral link is simple:

1. Log in to your account: [https://partner.evedex.com/](https://partner.evedex.com)
2. Navigate to the Referral links.
3. Generate your unique referral link and start sharing it.

**NOTE!** You can generate up to 100 links for different services.

Your referral link automatically tracks new users who sign up and trade on the platform. You can monitor your referrals and earnings in real-time through your affiliate dashboard.

## Commission Tier

We offer a starting commission of 30% from the fees the exchange collects from your referrals. Additionally, you can increase your commission rate by:

* Leveling up your character through gamification - the higher your level, the more benefits you get, including an increased referral percentage.
* Unlocking skills in the Influencer branch.
* Purchasing a [Prime subscription](http://prime.evedex.com/), which increases your referral commission rate by an additional 5%.

## Special Conditions for Influencers

We offer exclusive conditions for influencers and content creators with a significant audience (e.g., over 5,000 subscribers on YouTube, Telegram, etc.). If you meet criteria, you can fill out a special [form](https://partner.evedex.com/registration) and receive personalized terms and conditions for participation in our affiliate program.

## Commission Distribution

Our affiliate program is based on a transparent revenue-sharing system derived from each transaction made on the exchange. It is important to understand how this revenue is generated and how it is distributed among the user, affiliates, and the exchange.

<figure><img src="/files/SrqTO42LheL2byDQgOEn" alt=""><figcaption></figcaption></figure>

<figure><img src="/files/6Wgjev6Fi3ePqBW4iN6S" alt=""><figcaption></figcaption></figure>

<figure><img src="/files/hIohSa30fPYQW6BFGiwU" alt=""><figcaption></figcaption></figure>

<figure><img src="/files/rcn0WSiG59kXXMEbtf6Y" alt=""><figcaption></figcaption></figure>


# Level Progression & Skill Allocation

The EVEDEX loyalty system uses a leveling mechanic that rewards users for active engagement—trading, completing quests, inviting friends, and more. As users gain levels, they unlock progressively better trading conditions, such as fee discounts, cashback rates, or higher affiliate commissions.

All progress and levels remain persistent - once a user levels up, they do not lose that level even if they temporarily stop trading on the platform.

## How Leveling Works

#### Experience Points (XP)

Users accumulate XP by performing various platform activities:

* Trading volume or unique trades
* Participating in quests or missions (daily, weekly, event-based)
* Completing educational tasks (coming soon)

#### Unlocking Perks

Certain thresholds grant substantial benefits - similar to “VIP status” on major exchanges. For instance, at Level 15, users might enjoy some of the most competitive fee rates, plus additional bonuses or early access features.

### Permanent Progress

User level never diminishes due to inactivity, this ensures loyal and active traders are consistently recognized and rewarded.

## Skill Points & Professions

Each time the user gains a new level, the user receives one skill point to invest in exactly one of the Profession Branches. These branches represent different specialization paths:

#### Trader

* Maximizes trading efficiency;
* Grants increased cashback on trading fees, higher leverage allowances (e.g., up to x120), early access to token listings, and other trading-focused benefits.

#### Influencer

* Ideal for those emphasizing community building or affiliate marketing;
* Provides extra affiliate commission boosts and special incentives for bringing new users on board

{% hint style="warning" %}
Users can only progress in one branch at a time. Skill points are allocated to branch-specific “artifacts,” each conferring a permanent bonus within that specialization.
{% endhint %}


# Prime Subscription

{% hint style="danger" %}
**The values presented in this section are subject to change in the future.**
{% endhint %}

While every user can earn advanced benefits through consistent activity, EVEDEX offers monthly subscription plans that fast-track access to higher-level advantages. Subscriptions do not replace free progression—instead, they shortcut the time needed to unlock certain perks.

## Prime Subscription

* **Unlimited Academy Access**: Get full access to 10+ expert-led courses covering crypto, trading, investing, financial literacy, marketing, social media, sales, and more.
* **Extra Savings on Trading Fees**: Enjoy an additional 5% cashback on trading fees and up to 5% extra on affiliate commissions.
* **24/7 Priority Support**: Get fast, hands-on help anytime with priority in-platform support from a dedicated team.
* **5 Skill Points on Sign-Up**: Receive 5 bonus skill points instantly to unlock exclusive rewards based on your chosen profession.
* **Early Access to New Features**: Be the first to explore new tools, features, and platform updates before anyone else.
* **Custom Profile Design (coming soon)**: Personalize your account with a unique EVEdex Prime badge and premium profile styling.
* **EVEDEX AI Co-Pilot (coming soon)**: Accelerate your trading with a powerful AI assistant designed to help you move faster and smarter.
* **Exclusive Community & Direct Support** : Join a private group of Prime users and get direct access to your personal support manager.

### Price & Plans

Choose the plan that fits your journey:

* **Monthly Plan**: $35 / month
* **Yearly Plan**: $348 / year

Best value for long-term users who want to unlock the full EVEDEX experience at the lowest rate.

### Termination of Subscription

Each subscription is renewed monthly. If users cancel the plan, their subscription-only enhancements (bonus skill points, perk boosts, exclusive community access, etc.) will expire. However, any levels and skill allocations earned naturally remain unaffected.


# Tokenomics Overview

{% content-ref url="/pages/X6acseclHXeQVj515mov" %}
[Entities Used](/tokenomics/tokenomics-overview/entities-used)
{% endcontent-ref %}

{% content-ref url="/pages/cOMaINRdoGn9GEuAoQdK" %}
[Token Utility & Usage](/tokenomics/tokenomics-overview/token-utility-and-usage)
{% endcontent-ref %}


# Deployed Contracts

This section provides a list of smart contracts deployed within the system. Key contracts listed include governance mechanisms, storage, and treasury management components essential for the platform's

{% tabs %}
{% tab title="General Contracts" %}

<table><thead><tr><th width="224">Contract Name</th><th>Deployment Address</th></tr></thead><tbody><tr><td><strong>GovernorMultisig</strong></td><td><a href="https://explorer.evedex.com/address/0xEB71A9c02c1F68A9D7004e74e17c7d62C3291Bf8?tab=contract"><code>0xEB71A9c02c1F68A9D7004e74e17c7d62C3291Bf8</code></a></td></tr><tr><td><strong>Storage</strong></td><td><a href="https://explorer.evedex.com/address/0x21F69c75d757164137044b235663FeC8beC404E5?tab=contract"><code>0x21F69c75d757164137044b235663FeC8beC404E5</code></a></td></tr><tr><td><strong>Treasury</strong></td><td><a href="https://explorer.evedex.com/address/0x77075c627e51145d54e4EDD54Afa169DA7ff8A17?tab=contract"><code>0x77075c627e51145d54e4EDD54Afa169DA7ff8A17</code></a></td></tr><tr><td><strong>Vault</strong></td><td><a href="https://explorer.evedex.com/address/0x026968b5cED079ECCD6CC78f35a5Dfddc13F9Af8?tab=contract"><code>0x026968b5cED079ECCD6CC78f35a5Dfddc13F9Af8</code></a></td></tr><tr><td><strong>CashbackVault</strong></td><td><a href="https://explorer.evedex.com/address/0x0a9591c64Fd9e8C1f9A81DB1B668a5f211b5735A?tab=contract"><code>0x0a9591c64Fd9e8C1f9A81DB1B668a5f211b5735A</code></a></td></tr><tr><td><strong>EHMarket</strong></td><td><a href="https://explorer.evedex.com/address/0x1DC14e4261eCd7747Cbf6D2C8538a73371405D76?tab=contract"><code>0x1DC14e4261eCd7747Cbf6D2C8538a73371405D76</code></a></td></tr><tr><td><strong>EHMarketLegacy</strong></td><td><a href="https://explorer.evedex.com/address/0x1138EbE2D84D76ABB111a81c3fA0D77f0E0158c3?tab=contract"><code>0x1138EbE2D84D76ABB111a81c3fA0D77f0E0158c3</code></a></td></tr><tr><td><strong>Multicall3</strong></td><td><a href="https://explorer.evedex.com/address/0xc7dEfc896E1Dd9D98AEa402d928C78c0FD1dc36C?tab=contract"><code>0xc7dEfc896E1Dd9D98AEa402d928C78c0FD1dc36C</code></a></td></tr></tbody></table>
{% endtab %}

{% tab title="Account Abstraction & Paymasters" %}

<table data-full-width="true"><thead><tr><th width="224">Contract Name</th><th>Deployment Address</th></tr></thead><tbody><tr><td><strong>Entrypoint</strong></td><td><a href="https://explorer.evedex.com/address/0x51fcdF57058C7789f5433F1C6A8303f87747Edbb?tab=contract"><code>0x51fcdF57058C7789f5433F1C6A8303f87747Edbb</code></a></td></tr><tr><td><strong>VerifyingPaymaster</strong></td><td><a href="https://explorer.evedex.com/address/0x3A40D539dfEeC3f0Ec73AFE7BbA156bB18C187ff?tab=contract"><code>0x3A40D539dfEeC3f0Ec73AFE7BbA156bB18C187ff</code></a></td></tr><tr><td><strong>PimlicoEntryPointSimulations</strong></td><td><a href="https://explorer.evedex.com/address/0x605F6362f3134defa3d3C5558ed7abb284AC4022?tab=contract"><code>0x605F6362f3134defa3d3C5558ed7abb284AC4022</code></a></td></tr><tr><td><strong>Kernel</strong></td><td><a href="https://explorer.evedex.com/address/0xa9863F02aa06E13B84Dc9859B0b9Ff1e174Ba92d?tab=contract"><code>0xa9863F02aa06E13B84Dc9859B0b9Ff1e174Ba92d</code></a></td></tr><tr><td><strong>KernelFactory</strong></td><td><a href="https://explorer.evedex.com/address/0xB606EbEFDC001f4D7EEb8d1395b6a956e7979458?tab=contract"><code>0xB606EbEFDC001f4D7EEb8d1395b6a956e7979458</code></a></td></tr><tr><td><strong>FactoryStaker</strong></td><td><a href="https://explorer.evedex.com/address/0xaEe1654266817cF2538dcE56e2291c544704a712?tab=contract"><code>0xaEe1654266817cF2538dcE56e2291c544704a712</code></a></td></tr><tr><td><strong>OwnableValidator</strong></td><td><a href="https://explorer.evedex.com/address/0x534EcE580AFBcC8852a3392bAF6F74582f8EF3c7?tab=contract"><code>0x534EcE580AFBcC8852a3392bAF6F74582f8EF3c7</code></a></td></tr><tr><td><strong>ERC20PaymasterFactory</strong></td><td><a href="https://explorer.evedex.com/address/0xDd8Ca549B88AA297D6C4414fE9c0b0bbbA8aC4dB?tab=contract"><code>0xDd8Ca549B88AA297D6C4414fE9c0b0bbbA8aC4dB</code></a></td></tr><tr><td><strong>ERC20PaymasterV07</strong></td><td><a href="https://explorer.evedex.com/address/0xcE8E1c191B8Fb74530240214a4f91292102104A5?tab=contract"><code>0xcE8E1c191B8Fb74530240214a4f91292102104A5</code></a></td></tr><tr><td><strong>ERC20PaymasterV07USDT</strong></td><td><a href="https://explorer.evedex.com/address/0xcE8E1c191B8Fb74530240214a4f91292102104A5?tab=contract"><code>0xcE8E1c191B8Fb74530240214a4f91292102104A5</code></a></td></tr><tr><td><strong>ERC20PaymasterV07USDC</strong></td><td><a href="https://explorer.evedex.com/address/0xFaEe750A366Bd5C6abfB430e0Ea059789eD05774?tab=contract"><code>0xFaEe750A366Bd5C6abfB430e0Ea059789eD05774</code></a></td></tr><tr><td><strong>ERC20PaymasterV07WBTC</strong></td><td><a href="https://explorer.evedex.com/address/0x1d5fB04130537495eeB379a04EbF56952E348554?tab=contract"><code>0x1d5fB04130537495eeB379a04EbF56952E348554</code></a></td></tr></tbody></table>
{% endtab %}

{% tab title="Oracles" %}

<table data-full-width="true"><thead><tr><th width="224">Contract Name</th><th>Deployment Address</th></tr></thead><tbody><tr><td><strong>PriceOraclePyth</strong></td><td><a href="https://explorer.evedex.com/address/0x2880aB155794e7179c9eE2e38200202908C17B43?tab=contract"><code>0x2880aB155794e7179c9eE2e38200202908C17B43</code></a></td></tr><tr><td><strong>PythFeedOracleUSDT</strong></td><td><a href="https://explorer.evedex.com/address/0x508d140D4A98aFe351e911BD6039310c20d3617f?tab=contract"><code>0x508d140D4A98aFe351e911BD6039310c20d3617f</code></a></td></tr><tr><td><strong>PythFeedOracleUSDC</strong></td><td><a href="https://explorer.evedex.com/address/0xB0aadda05bf0e9618d7B4279839Ae29a06AE6D1D?tab=contract"><code>0xB0aadda05bf0e9618d7B4279839Ae29a06AE6D1D</code></a></td></tr><tr><td><strong>PythFeedOracleETH</strong></td><td><a href="https://explorer.evedex.com/address/0x7de4DA155536E40d679437592B0b13a747021F3a?tab=contract"><code>0x7de4DA155536E40d679437592B0b13a747021F3a</code></a></td></tr><tr><td><strong>PythFeedOracleWBTC</strong></td><td><a href="https://explorer.evedex.com/address/0xF2d7a75a0E58E42387A12d3999146241d2B47a73?tab=contract"><code>0xF2d7a75a0E58E42387A12d3999146241d2B47a73</code></a></td></tr></tbody></table>
{% endtab %}

{% tab title="Bridge" %}

<table data-full-width="true"><thead><tr><th width="207">Contract Name</th><th>Deployment Address</th></tr></thead><tbody><tr><td><strong>DVFDepositContract</strong></td><td><a href="https://explorer.evedex.com/address/0x5e023c31E1d3dCd08a1B3e8c96f6EF8Aa8FcaCd1?tab=contract"><code>0x5e023c31E1d3dCd08a1B3e8c96f6EF8Aa8FcaCd1</code></a></td></tr><tr><td><strong>Bridge</strong></td><td><a href="https://arbiscan.io/address/0xad3026961087eccec0508d411bb9fb405e086b38#code"><code>0xad3026961087eccec0508d411bb9fb405e086b38</code></a></td></tr><tr><td><strong>Index</strong></td><td><a href="https://arbiscan.io/address/0xA0a1B42Dcb62d371D5ABf4523bD614b0Eaa11296#code"><code>0xA0a1B42Dcb62d371D5ABf4523bD614b0Eaa11296</code></a></td></tr><tr><td><strong>Outbox</strong></td><td><a href="https://arbiscan.io/address/0xEC32Bd08fAf9533371384AD13045116930DBC040#code"><code>0xEC32Bd08fAf9533371384AD13045116930DBC040</code></a></td></tr><tr><td><strong>Rollup</strong></td><td><a href="https://arbiscan.io/address/0xD226Bd8D36725f4CE12961370211DFeEef1AbBbC#code"><code>0xD226Bd8D36725f4CE12961370211DFeEef1AbBbC</code></a></td></tr><tr><td><strong>SequencerInbox</strong></td><td><a href="https://arbiscan.io/address/0x8696D32899e59F8a2ed76463cC0A0B07e56db025#code"><code>0x8696D32899e59F8a2ed76463cC0A0B07e56db025</code></a></td></tr><tr><td><strong>ParentErc20Gateway</strong></td><td><a href="https://arbiscan.io/address/0x8D21dfEA9231Db85dCe72b8d9F18e917d833d4B1#code"><code>0x8D21dfEA9231Db85dCe72b8d9F18e917d833d4B1</code></a></td></tr><tr><td><strong>ParentGatewayRouter</strong></td><td><a href="https://arbiscan.io/address/0x1628CE6477221fdD1CD88ea3D15d587DfC59E66A#code"><code>0x1628CE6477221fdD1CD88ea3D15d587DfC59E66A</code></a></td></tr><tr><td><strong>ChildErc20Gateway</strong></td><td><a href="https://arbiscan.io/address/0x58dEBCB8DB514aa446D63808F7afC1625f251A33#code"><code>0x58dEBCB8DB514aa446D63808F7afC1625f251A33</code></a></td></tr><tr><td><strong>ChildGatewayRouter</strong></td><td><a href="https://arbiscan.io/address/0xb87eCb9984Ecff97859cdcf14F15c9A219Abd2dD#code"><code>0xb87eCb9984Ecff97859cdcf14F15c9A219Abd2dD</code></a></td></tr><tr><td><strong>BridgeMiddleware</strong></td><td><a href="https://arbiscan.io/address/0x254e696ae76c17ADc4363ae9476Ce24ce935bE16#code"><code>0x254e696ae76c17ADc4363ae9476Ce24ce935bE16</code></a></td></tr><tr><td><strong>MinimalProxyFactory</strong></td><td><a href="https://arbiscan.io/address/0x1EE981c521f3C6cD520c0A30eF7a1D2910FDD057#code"><code>0x1EE981c521f3C6cD520c0A30eF7a1D2910FDD057</code></a></td></tr></tbody></table>
{% endtab %}

{% tab title="Tokens" %}

<table data-full-width="true"><thead><tr><th width="207">Contract Name</th><th>Deployment Address</th></tr></thead><tbody><tr><td><strong>ETH</strong></td><td><a href="https://explorer.evedex.com/address/0x0000000000000000000000000000000000000000?tab=contract"><code>0x0000000000000000000000000000000000000000</code></a></td></tr><tr><td><strong>USDC</strong></td><td><a href="https://explorer.evedex.com/address/0x1bcd87F49244F618791b67E0622c94a5fcDFf0a3?tab=contract"><code>0x1bcd87F49244F618791b67E0622c94a5fcDFf0a3</code></a></td></tr><tr><td><strong>USDT</strong></td><td><a href="https://explorer.evedex.com/address/0xC9b68d8ab057b52785cF0e8e983A2eaFE6858979?tab=contract"><code>0xC9b68d8ab057b52785cF0e8e983A2eaFE6858979</code></a></td></tr><tr><td><strong>WBTC</strong></td><td><a href="https://explorer.evedex.com/address/0x60e7fDF9821858CC64F98F6147a39940E23a0bef?tab=contract"><code>0x60e7fDF9821858CC64F98F6147a39940E23a0bef</code></a></td></tr></tbody></table>
{% endtab %}
{% endtabs %}


# FAQ

<details>

<summary>What is EVEDEX, and how does it differ from traditional exchanges?</summary>

EVEDEX is a hybrid decentralized exchange combining the performance and ease of centralized exchanges (CEXs) with the security and transparency of decentralized exchanges (DEXs). It leverages Layer 2 technology for scalability and cost-efficiency and incorporates both on-chain and off-chain components for optimized performance.

</details>

<details>

<summary>How does EVEDEX ensure the security of user funds and data?</summary>

EVEDEX employs multi-layered security measures, including advanced cryptographic solutions, decentralized smart contracts, and sequencer failure protections. Users retain full control of their private keys, ensuring a non-custodial experience.

</details>

<details>

<summary>What is Account Abstraction, and how does it benefit users?</summary>

Account Abstraction simplifies blockchain interactions by enabling features such as gasless transactions, enhanced security configurations, and cross-device account management. It allows users to trade seamlessly without managing complex technical steps.

</details>

<details>

<summary>How are perpetual futures implemented on EVEDEX?</summary>

EVEDEX supports perpetual futures with no expiration date, leveraging a funding rate mechanism to align the futures price with the spot market. The platform offers high leverage and robust risk management tools to ensure efficient trading.

</details>

<details>

<summary>What are the key advantages of EVEDEX’s Layer 2 infrastructure?</summary>

Built on Arbitrum, the Layer 2 infrastructure provides:

* Enhanced scalability and lower fees.
* Improved interoperability with Ethereum and other chains.
* Advanced features like decentralized withdrawals and sequencer failure protection.

</details>

<details>

<summary>What educational resources does EVEDEX provide?</summary>

The EVEDEX Educational Center offers courses on trading, blockchain technology, and investment strategies. Users can access interactive tools like simulators and participate in live webinars and workshops led by industry experts.

</details>

<details>

<summary>What is XAUT?</summary>

XAUT (Tether Gold) is a token where each token represents one troy ounce of physical gold held in Swiss vaults by TG Commodities Limited. Trading XAUT/USDT perpetual contracts on EVEDEX gives you leveraged price exposure to the XAUT token, which tracks the price of gold. You do not acquire ownership of physical gold or XAUT tokens by trading perpetuals.

</details>

<details>

<summary>Why my deposit has not been received?</summary>

Due to the use of third party vendors, including for bridging, the deposit process goes through AML and sanctions checks, which may result in delay, freezing or non-admission of your deposit due to regulatory requirements. In certain cases, this may result in the freezing of funds due to requirements under applicable laws.\
\
Please check the source of your funds to avoid such cases and do not deposit funds from the platforms, wallets or other sources associated with sanctions and other restrictions.\
\
In particular, transfers connected to the following sanctioned platforms may trigger additional checks, temporary holds, or non-admission of deposits by third-party compliance providers and our bridge partner involved in processing. Such outcomes may be outside our control:<br>

* HTX (ex-Huobi)
* EXMO
* Garantex/Grinex
* BitPapa
* Rapira

Please avoid depositing funds withdrawn from, or otherwise originating from, these platforms - directly or through intermediary wallets.\
\
Please note: this list is not exhaustive - it covers the most commonly used platforms only, and sanctions lists change frequently.

</details>


# Official Links

## Web

* [Website](https://evedex.com/)
* [Early Bird Activities](https://earlybird.evedex.com/)
* [Affiliate](https://partner.evedex.com/)
* [Academy](https://academy.evedex.com/)
* [Exchange](https://exchange.evedex.com/)
* [Demo Exchange](https://exchange-demo.evedex.com/)
* [Help Center](https://help.evedex.com/)
* [Leaderboard](https://exchange.evedex.com/leaderboard)
* [Prime](https://prime.evedex.com/)
* [Twitch](https://www.twitch.tv/evedexofficial)
* [Kick](https://kick.com/evedex)

## Social

* [X](https://x.com/evedex)
* [Instagram](https://www.instagram.com/evedexofficial)
* [Telegram](https://t.me/OfficialEveDex)
* [Telegram Community](https://t.me/evedex_community)
* [Discord](https://discord.com/invite/evedex)
* [App Store](https://apps.apple.com/es/app/evedex-trading-and-crypto/id6742109357?l=en-GB)
* [Google Play](https://play.google.com/store/apps/details?id=com.evedex.app)
* [LinkedIn](https://www.linkedin.com/company/evedex)
* [YouTube](https://www.youtube.com/channel/UCQTAZr5eK0hJjakouLMTXyg)
* [Blog](https://blog.evedex.com/)


# Developers API

Welcome to the EVEDEX Developers section.

Here you will find everything you need to integrate with the exchange APIs and SDKs. The full source code and examples are available on the official [EVEDEX GitHub](https://github.com/evedex-official).

This section currently includes:

{% content-ref url="/pages/OXDihXKyc2jPchbKKQQk" %}
[Toolkit](/developers/developers/toolkit)
{% endcontent-ref %}

{% content-ref url="/pages/wRyEbNXiC11at9uyH7mS" %}
[Authorization](/developers/developers/authorization)
{% endcontent-ref %}

{% content-ref url="/pages/D1ymyPSnAtIqZhQlHRvB" %}
[Public Exchange Data](/developers/developers/public_exchange_data)
{% endcontent-ref %}

{% content-ref url="/pages/iPUX4U6n1sZjBkjcQz8U" %}
[Market Data](/developers/developers/market_data)
{% endcontent-ref %}

{% content-ref url="/pages/U04SY2syMoEvdAmqSHQp" %}
[Personalized User Data](/developers/developers/personalized_user_data)
{% endcontent-ref %}

{% content-ref url="/pages/Id8bH7VlXTterrLuRctB" %}
[Order creation](/developers/developers/order_creation)
{% endcontent-ref %}

{% content-ref url="/pages/YU3c1Qc9UpJLnATBbJNr" %}
[Node.js & JavaScript SDK for Evedex REST APIs & WebSockets](/developers/developers/exchange_bot_sdk)
{% endcontent-ref %}


# Toolkit

## REST API

The exchange uses the REST API of two services for interaction:

1. [Auth Service](https://swagger.evedex.com/?urls.primaryName=Auth) – required for user registration/authorization on the exchange
2. [Exchange Service](https://swagger.evedex.com/?urls.primaryName=Exchange) – required for interacting with the exchange

## Async API

Asynchronous exchange events are delivered using the [Centrifugo](https://centrifugal.dev/) service, which provides the following features on top of the standard WS protocol:

* Message channels
* JWT-based channel access rights
* Epochs and state recovery in case of connection loss to the server

## Snapshot updates

To maintain data consistency on the client, the "Initial snapshot with real-time updates" approach is used. First, the client subscribes to asynchronous state updates of an entity via the WS protocol, then it requests the initial state of the entity using the REST API, and finally, the entity state is merged into a final state using the latest `updatedAt`.

## Crypto

To confirm the user’s intent when submitting orders to the exchange, a cryptographic signature is used based on the [EIP-712: Ethereum typed structured data hashing and signing](https://eips.ethereum.org/EIPS/eip-712) standard.

Each order must be accompanied by a `signature` field containing a signature of the order made with the user's crypto wallet. The exchange will reject any user order if:

1. The signature is missing
2. The signature format does not comply with EIP-712
3. The signature was made with a wallet not belonging to the sender
4. The data in the order differs from that used during signature creation

It is recommended to use the [Ethers](https://docs.ethers.org/v6/) library and its [Signer.signTypedData](https://docs.ethers.org/v6/api/providers/#Signer-signTypedData) method, or any similar library that implements typed data signing according to the EIP-712 standard.

Schema description for generating a signature:

* Use the [following structure](https://github.com/evedex-official/exchange-crypto/blob/master/src/utils/crypto.ts#L5-L9) for `domain`.
* Use the appropriate [data structure](https://github.com/evedex-official/exchange-crypto/blob/master/src/utils/crypto.ts#L10-L82) for `types` - for example, use [this schema](https://github.com/evedex-official/exchange-crypto/blob/master/src/utils/crypto.ts#L16) for signing a new limit order, and [this one](https://github.com/evedex-official/exchange-crypto/blob/master/src/utils/crypto.ts#L50-L58) for a position close request.
* Use the transformed order data as the data to be signed.

**Important:** Order data must not contain floating-point numbers when generating the signature. You must transform the data passed to the `signTypedData` method so that all floating-point values are converted to integers using the following formula:\
`normalizeNumber = Round(floatValue * 10 ^ 8, HalfUp)`\
This formula applies everywhere except for withdrawal requests from the trading balance, where rounding must always be done as `Down`.

Examples of order preparation and signing can be [found here](https://github.com/evedex-official/exchange-crypto/blob/master/src/index.ts)

<details>

<summary>Example of signature generation using GoLang libraries</summary>

```go
import (
    "github.com/ethereum/go-ethereum/signer/core/apitypes"
    "github.com/ethereum/go-ethereum/crypto"
    "math/big"
)

domain := apitypes.TypedDataDomain{
    Name:              "MyDapp",
    Version:           "1",
    ChainId:           big.NewInt(1),
    VerifyingContract: "0xCcCCccccCCCCcCCCCCCcCcCccCcCCCcCcccccccC",
}

typedData := apitypes.TypedData{
    Types: apitypes.Types{
        "Mail": {
            {Name: "from", Type: "Person"},
            {Name: "to", Type: "Person"},
            {Name: "contents", Type: "string"},
        },
        "Person": {
            {Name: "name", Type: "string"},
            {Name: "wallet", Type: "address"},
        },
    },
    PrimaryType: "Mail",
    Domain:      domain,
    Message: map[string]interface{}{
        "from": map[string]interface{}{
            "name":   "Alice",
            "wallet": "0xCD2a3d9F938E13CD947Ec05AbC7FE734Df8DD826",
        },
        "to": map[string]interface{}{
            "name":   "Bob",
            "wallet": "0xaBbACaBaa0000000000000000000000000000000",
        },
        "contents": "Hello, Bob!",
    },
}

hash, err := typedData.HashStruct(typedData.PrimaryType, typedData.Message)
domainSeparator, _ := typedData.HashDomain()

finalHash := crypto.Keccak256(
    []byte("\x19\x01"),
    domainSeparator,
    hash,
)

privateKey, _ := crypto.HexToECDSA("your_private_key")
signature, _ := crypto.Sign(finalHash, privateKey)
```

</details>

## Rate limits

The exchange API enforces the following operational limits:

* A single account can have up to **500 active regular orders**.
* A single account can have up to **500 active TP/SL (take-profit/stop-loss) orders**.
* The **minimum order notional** is **5 USD** (orders below this value are rejected).
* There is a **rate limit of 30 heavy requests per 60 seconds** per account. Heavy requests include:
  * order creation
  * order cancellation
  * order repalcement
  * position closure
  * TP/SL creation
  * TP/SL cancellation
  * TP/SL replacement
  * withdrawal request


# Authorization

## API Key Authorization

One way to authorize your reqeusts is to use API keys.\
You can create an API key if you are already logged into the EVEDEX Exchange:

* Click on your avatar in the upper right corner
* Go to **Settings** → **API** → **Create API Key**

Once you have created an API key, you must include it in all private API requests by adding it to the `x-api-key` header:

```
x-api-key: your_api_key
```

## JWT Token Authorization

Another approach to authorization is JWT Token usage.\
To submit orders to the exchange, the client must complete an authorization procedure (according to the [EIP-4361: Sign-In with Ethereum](https://eips.ethereum.org/EIPS/eip-4361) protocol), which includes the following steps:

1. Get a nonce using the [GET /auth/nonce](https://swagger.evedex.com/?urls.primaryName=Auth#/Auth/get_auth_nonce) method.
2. Generate the data for the authorization signature.
3. Sign the data using the user's crypto wallet.
4. Send the signed data to the [POST /auth/user/sign-up](https://swagger.evedex.com/?urls.primaryName=Auth#/User/post_auth_user_sign_up) method and receive a JWT (`token` field in the response)

<details>

<summary>Example of creating data and signature for authorization</summary>

```ts
function createSiweMessage(
  { address, uri, version, chainId, nonce, issuedAt }: {address: string, uri: string, version: string, chainId: number, nonce: string, issuedAt: string}
) {
  return `${uri} wants you to sign in with your Ethereum account:
${address}


URI: ${uri}
Version: ${version}
Chain ID: ${chainId}
Nonce: ${nonce}
Issued At: ${issuedAt}`;
}

const signer = await ethers.getSigner();
const message = `EVEDEX sign in`;
const address = await signer.getAddress();

const nonceRes = await fetch(`https://auth.evedex.com/auth/nonce`, {
  method: 'GET',
  headers: { accept: 'application/json' },
});
const { nonce } = await nonceRes.json();

const siweMessage = createSiweMessage({
  address: address,
  statement: `Sign in to https://exchange.evedex.com`,
  uri: 'https://exchange.evedex.com',
  version: '1',
  chainId: await signer.provider.getNetwork().then(({ chainId }) => chainId),
  nonce,
  issuedAt: new Date().toISOString(),
});
const signature = await signer.signMessage(siweMessage);

const response = await fetch(`https://auth.evedex.com/auth/user/sign-up`, {
  method: 'POST',
  headers: {
    'Content-Type': 'application/json',
  },
  body: JSON.stringify({
    wallet: address,
    message: siweMessage,
    nonce,
    signature,
  }),
});
if (response.status >= 400) {
  throw new Error('Invalid auth');
}

const { token } = await response.json();
```

</details>

**Important:** Any request to the exchange REST API that requires an authorization JWT (`accessToken`) must include the header `Authorization: Bearer {accessToken}` (without the `{ }`).

Since the `accessToken` JWT is valid for only a few minutes, it should be refreshed periodically. To do this:

1. When receiving a 401 code from any method that requires authorization, call the [POST /auth/refresh](https://swagger.evedex.com/?urls.primaryName=Auth#/Auth/post_auth_refresh) method with the `Authorization` header set to `Bearer {refreshToken}` (without the `{ }`)
2. If the `refreshToken` is active, the response will return a new JWT, which should be used in place of the old `accessToken` and `refreshToken`
3. If the `refreshToken` is inactive and the method returns a 401 code, the user authorization procedure described above must be repeated


# Public Exchange Data

Some data is provided by the exchange without requiring authorization, including:

1. Async API Heartbeat
2. Matcher State
3. Instruments List
4. Coin Price Feed
5. Funding Rate Updates
6. Order Book Depth
7. Order Book Best
8. Last Trades

## Available environments

All channel names have an `{env}` prefix showing the current environment.

* `futures-perp-dev` — for the Development environment
* `futures-perp-demo` — for the Demo environment
* `futures-perp-beta` — for the Beta environment
* `futures-perp` — for the Production environment

## Heartbeat

To check the availability of the exchange's Async API, the `{env}:heartbeat` channel is used, which periodically sends events with the current timestamp.

<details>

<summary>Async API Heartbeat Event Format</summary>

```ts
interface HeartbeatEvent {
  t: number;
}
```

</details>

**Important:** If no events are received on this channel for more than 30 seconds, the connection to the Async API should be considered lost.

## Matcher State

In some cases, trading may be globally paused for all instruments. To detect such states, use the [GET /api/market](https://swagger.evedex.com/?urls.primaryName=Exchange#/Market/get_api_market) method, which returns the current exchange state (`state` field).

The exchange signals state changes via Async API using the `{env}:info` channel, which transmits snapshots of the current state.

<details>

<summary>Async API Matcher State Event Format</summary>

```ts
enum MatcherState {
  Active = "active",
  RequestStatusFail = "request-status-fail",
  MeDead = "me-dead",
  DbAdminDead = "db-admin-dead",
}

interface MatcherUpdateEvent {
  state: MatcherState;
  updatedAt: string;
}
```

</details>

**Important:** Any state other than `active` should be treated as a global trading halt.

## Instruments List

To get a list of instruments available for trading, use the [GET /api/market/instrument](https://swagger.evedex.com/?urls.primaryName=Exchange#/Market/get_api_market_instrument) method. This returns an array of all instruments registered on the exchange (including those not available for trading).

**Important:** If the `trading` field is `none` or `restricted`, the instrument should be considered unavailable for any orders. `onlyClose` means it is only available for position closing and order cancellation. Otherwise, the instrument is available for trading.

Instrument state updates are signaled via Async API on the `{env}:instruments` channel with snapshots of current instrument state.

<details>

<summary>Async API Instrument Event Format</summary>

```ts
enum Trading {
  All = 'all',
  Restricted = 'restricted',
  None = 'none',
  OnlyClose = 'onlyClose',
}

enum Visibility {
  All = 'all',
  Restricted = 'restricted',
  None = 'none',
}

interface InstrumentUpdateEvent {
  id: string;
  name: string;
  displayName: string;
  lastPrice: number;
  high: number;
  low: number;
  volume: number;
  volumeBase: number;
  closePrice: number;
  markPrice: number;
  openInterest: number;
  minPrice: number;
  maxPrice: number;
  fatFingerPriceProtection: number;
  slippageLimit: number;
  trading: Trading;
  visibility: Visibility;
  updatedAt: Date;
}
```

</details>

**Important:** To ensure state consistency on the client, compare snapshots by the `updatedAt` field.

## Coin Price Feed

For the Index Price calculation the following approach should be used:

1. Get the instrument price from the `from.avgLastPrice` field of the REST endpoint [GET /api/market/instrument](https://swagger.evedex.com/?urls.primaryName=Exchange#/Market/get_api_market_instrument) response.
2. Calculate the Index Price as the following:

```ts
  const indexPrice = Big(avgLastPrice ?? 0)
    .mul(pair.lotSize)
    .toNumber();
```

3. Get real-time updates on the Index Price (calculating it using the `lotSize` attribute) using the `{env}:coin-price` WS channel.

```ts
export interface CoinPriceFeed {
  id: string;
  coin: string;
  price: number;
  source: PriceFeedSource;
  createdAt: Date;
}
CoinPriceFeed[]
```

## Funding Rate

To get the current funding rate for an instrument, use the [GET /api/market/instrument](https://swagger.evedex.com/?urls.primaryName=Exchange#/Market/get_api_market_instrument) method with `fields=metrics`. This returns all instruments with additional metrics.

**Important:** This method is relatively heavy and should not be used frequently or during initial client load.

Funding rate updates are sent via Async API using the `{env}:funding-rate` channel.

<details>

<summary>Async API Funding Rate Event Format</summary>

```ts
interface FundingRateEvent {
    instrument: string;
    fundingRate: string;
    createdAt: number;
}
```

</details>

**Important:** To ensure funding rate state consistency on the client, compare snapshots by the `createdAt` field.

## Order Book Depth

To get the current state of the order book, use the [GET api/market/{instrument}/deep](https://swagger.evedex.com/?urls.primaryName=Exchange#/Market/get_api_market__instrument__deep) method, which returns grouped volume data by price levels (up to 4 decimal places).

Order book updates are sent via Async API on the `{env}:orderBook-{instrument}-0.1` channel.

<details>

<summary>Async API Order Book Depth Event Format</summary>

```ts
interface MarketDepthLevel {
  price: number;
  quantity: number;
}

interface MarketDepth {
  t: number;
  asks: Array<MarketDepthLevel>;
  bids: Array<MarketDepthLevel>;
}

interface OrderBookDepthUpdateEvent {
  instrument: string
  orderBook: MarketDepth
}
```

</details>

**Important:** To ensure consistency of the order book state on the client, compare snapshots by the `orderBook.t` timestamp field.

## Order Book Best

To get the best bid and ask prices, use the same REST API method as for order book depth but with the `marketLevel=1` parameter.

Best price updates are sent via Async API using the `{env}:orderBook-{instrument}-best` channel. The event format matches the previous section.

## Last Trades

To get a list of recent trades on the exchange, use the [GET /api/market/{instrument}/recent-trades](https://swagger.evedex.com/?urls.primaryName=Exchange#/Market/get_api_market__instrument__recent_trades) method. This returns anonymized trades for a specific instrument.

Trade updates are sent via Async API using the `{env}:recent-trade-{instrument}` channel.

<details>

<summary>Async API Last Trades Event Format</summary>

```ts
interface Trade {
  instrument: string;
  side: cryptoUtils.Side;
  fillQuantity: number;
  fillPrice: number;
  createdAt: string;
}
```

</details>


# Market Data

Public market data endpoints expose the historical price data without authentication.

The base URL for the Market Data service is: `https://market-data-api.evedex.com/`

## Historical Price Data

The exchange provides a public REST endpoint for **historical market data** per instrument.\
This data is typically used for:

* Building candlestick charts
* Backtesting and research
* Generating custom indicators and analytics

Historical data is read-only and **does not require authorization**.

### Endpoint

* **Method:** `GET /api/history/{instrument}/list`
* **Swagger:**\
  [`GET /api/history/{instrument}/list`](https://swagger.evedex.com/?urls.primaryName=MarketData#/History/get_api_history__instrument__list)

### Path Parameters

* `instrument` — instrument name, e.g. `BTCUSD`.
  * You may find available instruments using the [Exchange /api/market/instrument](https://docs.evedex.com/developers/public_exchange_data#instruments-list) request.
* `after` — lower bound of the requested interval (inclusive), in ISO 8601 format.
* `before` — upper bound of the requested interval (inclusive), in ISO 8601 format.
* `group` — candlestick timeframe. Supported values:
  * "1s"
  * "1m"
  * "3m"
  * "5m"
  * "15m"
  * "30m"
  * "1h"
  * "4h"
  * "6h"
  * "12h"
  * "1d"
  * "1w"
  * "1mo"

### Response

The response of the method is in the standard Candle format:

* Timestamp (in milliseconds)
* Open price
* Close price
* Max Price
* Min Price
* VolumeUsd (notional volume in USD)
* Volume (instrument base asset)

```ts
type Candle = [
  number, // timestamp (ms)
  number, // open
  number, // close
  number, // high
  number, // low
  number  // volumeUsd
  number, // volume
];

type HistoryResponse = Candle[];

```

Sample response:

```json
[
  [
    1763164800000,
    3110.975,
    3139.125,
    3149.175,
    3109.1,
    153899.39618428
    49.14,

  ],
  [
    1763168400000,
    3139.125,
    3172.545,
    3177.715,
    3122.27,
    258460.29556746
    82,
  ]
]
```

### Rate limit

The endpoint returns up to `100 000` candlesticks in a single response.

## WebSocket Market Data (Last Candlestick)

For low-latency updates of the currently forming candlestick, EVEDEX provides a WebSocket feed. You can subscribe to the following channel to receive real-time updates for the last candle per instrument and timeframe:

```
market-data:last-candlestick-{instrument}-{timeframe}
```

Where:

`instrument` — the same instrument identifier as used in the REST API (e.g. BTCUSD).

`timeframe` — one of the supported `group` values (e.g. `1m`, `1h`, `1d`, etc.).

The payload format is identical to the REST candle representation:

`[1763494975613, 93545.491, 93436.58650459, 93545.491, 93325.95, 2242.47807611016, 0.024]`


# Personalized User Data

Personalized data is available only after user authorization and includes:

1. Account
2. Funding
3. Transfer
4. Available balance
5. Positions
6. Orders
7. Order fills
8. Orders Fees
9. TpSl

## Account

To get information about the current user's account, use the [GET /api/user/me](https://swagger.evedex.com/?urls.primaryName=Exchange#/User/get_api_user_me) method.

The exchange signals account state updates via Async API using the `user-{userExchangeId}` channel.

<details>

<summary>Async API Account Event Format</summary>

```ts
interface AccountEvent {
  user: string;
  marginCall: boolean;
  updatedAt: string;
}
```

</details>

**Important:** The most critical account field is `marginCall`. If it's `true`, immediate action should be taken to reduce the risk of account liquidation.

## Funding

To get information about the user's funding, use the the [GET /api/user/funding](https://swagger.evedex.com/?urls.primaryName=Exchange#/User/get_api_user_funding) method, which returns an array of funding sources.

Funding updates are signaled via Async API on the `funding-{userExchangeId}` channel.

<details>

<summary>Async API Funding Event Format</summary>

```ts
interface FundingEvent {
  user: string;
  coin: string;
  quantity: string;
  updatedAt: string;
}
```

</details>

**Important:** To ensure consistency on the client, compare funding snapshots by the `updatedAt` field.

**Important:** Positions and open orders do not directly affect the user's funding, as they are accounted for in the trading account's funding.

Funding is affected by the following events:

1. Trading balance top-up
2. Trading balance withdrawal
3. Position reduction with non-zero realized PnL
4. Exchange fee payments
5. Funding rate payments
6. Liquidation fee payments to the reserve fund

## Transfer

To get information about the user's withdrawal requests, use the [GET /api/transfer](https://swagger.evedex.com/?urls.primaryName=Exchange#/Transfer/get_api_transfer) method with parameters `type=transfer-pfutures-balance&status=pending`, returning pending withdrawal requests.

Updates are sent via Async API on the `transfer-update-{userExchangeId}` channel.

<details>

<summary>Async API Transfer Event Format</summary>

```ts
interface Transfer {
  id: string;
  user: string;
  type: TransferType;
  coin: string;
  amount: number;
  fee: number;
  status: TransferStatus;
  createdAt: string;
  updatedAt: string;
}

interface TransferEvent extends Transfer {
  exchangeId: number;
}
```

</details>

**Important:** For consistency, compare snapshots by `updatedAt`.

**Important:** Funds requested for withdrawal are locked immediately upon request and cannot be used as margin.

## Available balance

The [GET /api/market/available-balance](https://swagger.evedex.com/?urls.primaryName=Exchange#/Market/get_api_market_available_balance) method is used to query the amount of funds currently available for new orders creation or withdrawal, open positions and open orders.

<details>

<summary>API response sample</summary>

```json
{
  "currency": "usdt",
  "funding": {
    "currency": "usdt",
    "balance": 108.25334509
  },
  "position": [
    {
      "instrument": "ETHUSD",
      "side": "BUY",
      "volume": "73.5832",
      "initialMargin": "3.67916"
    }
  ],
  "negativeUnPnL": 0,
  "openOrder": [
    {
      "instrument": "BTCUSD",
      "side": "BUY",
      "unFilledVolume": "587.5",
      "unFilledInitialMargin": "5.875"
    }
  ],
  "positions": {
    "BTCUSD:BUY": 0,
    "ETHUSD:SELL": 0
  },
  "openOrders": {
    "BTCUSD:BUY": 587.5
  },
  "availableBalance": 102.37834509,
  "updatedAt": "2025-07-24T16:31:32.582Z"
}
```

</details>

**Important:** Available balance is affected by your open orders and current trading results.

## Positions

To get information about the user's open positions, use the [GET /api/position](https://swagger.evedex.com/?urls.primaryName=Exchange#/Position/get_api_position) method, which returns an array of user positions.

Updates are sent via Async API on the `position-{userExchangeId}` channel.

<details>

<summary>Async API Position Event Format</summary>

```ts
enum Side {
  Buy = 'BUY',
  Sell = 'SELL'
}

interface Position {
  id: string;
  user: string;
  instrument: string;
  side: Side;
  quantity: number;
  avgPrice: number;
  fundingRate: number;
  leverage: number;
  maintenanceMargin: number;
  createdAt: string;
  updatedAt: string;
}
```

</details>

**Important:** Compare snapshots by `updatedAt` for consistency.

## Orders

To get information about the user's open orders, use the [GET /api/order/opened](https://swagger.evedex.com/?urls.primaryName=Exchange#/Order/get_api_order_opened) method, returning the user's open orders array.

Order updates are sent via Async API on the `order-{userExchangeId}` channel.

<details>

<summary>Async API Order Event Format</summary>

```ts
enum Side {
  Buy = 'BUY',
  Sell = 'SELL'
}

enum OrderStatus {
  New = "NEW",
  PartiallyFilled = "PARTIALLY_FILLED",
  Filled = "FILLED",
  Cancelled = "CANCELLED",
  Rejected = "REJECTED",
  Expired = "EXPIRED",
  Replaced = "REPLACED",
}

enum OrderGroup {
  Manually = "manually",
  TpSl = "tpsl",
  Liquidation = "liquidation",
  Adl = "adl",
}

enum OrderType {
  Limit = "LIMIT",
  Market = "MARKET",
  Stop = "STOP",
  StopLimit = "STOP_LIMIT",
}

interface Order {
  id: string;
  user: string;
  instrument: string;
  side: Side;
  type: OrderType;
  quantity: number;
  cashQuantity: number;
  limitPrice: number;
  stopPrice: number | null;
  status: OrderStatus;
  rejectedReason?: string;
  unFilledQuantity: number;
  filledAvgPrice: number;
  realizedPnL: number;
  createdAt: string;
  updatedAt: string;
  triggeredAt: string | null;
  group: OrderGroup;
}
```

</details>

**Important:** Compare snapshots by `updatedAt`.

## Order fills

To retrieve the fills for a specific order, use the [GET /api/order/{orderId}/fill](https://swagger.evedex.com/?urls.primaryName=Exchange#/Order/get_api_order__orderId__fill) endpoint. The response returns an array of fills associated with the order.

Order fill events are sent via WS on the `orderFills-{userExchangeId}` channel.

<details>

<summary>WS OrderFill Event Format</summary>

```json
{
  "executionId": "1234567890",
  "instrument": "BTCUSDT",
  "side": "BUY",
  "fillQuantity": 1.5,
  "fillPrice": 35000.0,
  "createdAt": "2022-07-25T14:30:00.000Z",
  "makerTakerFlag": "TAKER",
  "orderId": "00008:ab8bd3cf82624d2eb88d2b440c"
}
```

</details>

## Orders Fees

User orders received via the REST API include a `fee` field indicating the commission paid. Since commission processing is asynchronous, use the Async API channel `order-fee-{userExchangeId}` to track updates.

<details>

<summary>Async API Order Fee Event Format</summary>

```ts
enum OrderFillFeeType {
  Liquidation = "liquidation",
  Adl = "adl",
  Order = "order",
}

interface OrderFillFee {
  id: string;
  user: string;
  order: string;
  fill: string;
  coin: string;
  type: OrderFillFeeType;
  quantity: string;
  createdAt: Date;
}
```

</details>

## TpSl

To get information about active TpSl (Take-Profit/Stop-Loss), use the [GET /api/tpsl](https://swagger.evedex.com/?urls.primaryName=Exchange#/TpSl/get_api_tpsl) method, returning the user's open TpSls array.

Updates are sent via Async API on the `tpsl-{userExchangeId}` channel.

<details>

<summary>Async API TpSl Event Format</summary>

```ts
enum TpSlStatus {
  WaitOrder = "waitOrder",
  Active = "active",
  Process = "process",
  Triggered = "triggered",
  Done = "done",
  Cancelled = "cancelled",
}

enum TpSlType {
  TakeProfit = "take-profit",
  StopLoss = "stop-loss"
}

enum Side {
  Buy = 'BUY',
  Sell = 'SELL'
}

interface TpSl {
  id: string;
  instrument: string;
  type: cryptoUtils.TpSlType;
  side: cryptoUtils.Side;
  quantity: string; // Zero for full position
  price: string;
  status: TpSlStatus;
  triggerOrder: string | null;
  triggeredQuantity: string;
  cancelledReason: string;
  createdAt: Date;
  updatedAt: Date;
}
```

</details>

**Important:** Compare snapshots by `updatedAt` for consistency.

**Important:** TpSl is not the same as user orders. When triggered, it automatically creates a new market order on behalf of the user. The `status` field first changes to `triggered`, and then to `done`.


# Order creation

The following operations not only require user authorization but often also require a wallet signature:

1. Withdrawal from trading account
2. Creation of limit, market, and stop-limit orders
3. Replacement of limit and stop-limit orders
4. Cancellation of limit and stop-limit orders
5. Position closure
6. Leverage change for positions
7. Creation, modification, and cancellation of TpSl

## Withdrawal

This operation is executed via the [POST /api/transfer/pf/withdraw](https://swagger.evedex.com/?urls.primaryName=Exchange#/Transfer/post_api_transfer_pf_withdraw) REST API method by specifying the currency, withdrawal amount, recipient wallet address, and a signature.

[Signature schema](https://github.com/evedex-official/exchange-crypto/blob/master/src/utils/crypto.ts#L10)

**Important:** Before signing, all float values must be normalized to integers according to the [documentation](https://docs.evedex.com/developers/toolkit#crypto).

**Important:** The withdrawal request is pre-validated by the exchange. If funds are available, the user's trading account is locked until the operation completes.

Only unreserved funds (not tied to positions or orders) are eligible for withdrawal.

## Order Creation

These operations use the following REST API methods:

1. [POST /api/v2/order/limit](https://swagger.evedex.com/?urls.primaryName=Exchange#/Order/post_api_v2_order_limit) – create limit order (version 2)
2. [POST /api/v2/order/stop-limit](https://swagger.evedex.com/?urls.primaryName=Exchange#/Order/post_api_v2_order_stop_limit) – create stop-limit order (version 2)
3. [POST /api/v2/order/market](https://swagger.evedex.com/?urls.primaryName=Exchange#/Order/post_api_v2_order_market) – create market order (version 2)
4. [POST /api/v2/order/mass-limit/{instrument}](https://swagger.evedex.com/?urls.primaryName=Exchange#/Order/post_api_v2_order_mass_limit__instrument_) - batch create limit orders in batch (version 2)

All the methods require a signature. [Signature schemas](https://github.com/evedex-official/exchange-crypto/blob/master/src/utils/crypto.ts#L16-L49)

`timeInForce` attribute for the market orders is filled as the following:

* `IOC` (default for market orders) - Immediate-or-cancel order. If the requested `cashQuantity` is unavailable in the order book, or the average price exceeds the slippage limit, the order is filled with any liquidity available on the market and a non-filled part is then cancelled.
* `FOK` - Fill-or-kill order is cancelled if its total `cashQuantity` cannot be filled immediately when the order is received.
* `GTC` (default for limit orders, and can't be changed via API) - Good-till-cancelled order remains working during all trading sessions till it is cancelled by a user or the order instrument is expired.

**Important:** Normalize all float values to integers before signing according to the [documentation](https://docs.evedex.com/developers/toolkit#crypto).

**Important:** Orders are pre-validated by the exchange. They may be rejected if the user lacks sufficient free margin or if limits are violated.

**Important:** Orders are processed asynchronously. A `NEW` status in the response only guarantees entry into the Order book but not execution.

**Important:** When batch creating limit orders, the order prefix (number or days since July 24th 2025) must be created no earlier than midnight yesterday, otherwise the request will return an error: `"Invalid order ID date"`.

### New approach to OrderId generation

With the version 2 of EVEDEX exchange API the new approach to order identifiers generation has been implemented.\
To prevent identifiers duplication, the new order identifier structure is: `<days_since_2025-07-24>:<uuid_without_dashes>`.

* `days_since_2025-07-24` is the order prefix, it must be a 5-character long string containing only numbers with leading zeroes which show the number or days since July 24th 2025, e.g. `00008`.
* `uuid_without_dashes` must be a 26-character long string containing only hexadecimal characters: numbers, upper and lower case letters from "A" to "F".

The resulting `orderId` must be validated against to the following regular expression: `[0-9]{5}:[0-9A-Fa-f]{26}`. Sample `orderId`: `"00008:418f0157db5345688b1c910d08"`.

Below you can find a TypeScript implementation:

```ts
import { v4 as uuid } from "uuid";

function toShortUuid(id: string) {
  return id.replace(/-/g, "");
}

export function generateShortUuid() {
  return toShortUuid(uuid());
}

const orderIdV2Day = new Date("2025-07-24T00:00:00Z");

export function generateOrderIdV2() {
  const days = Math.floor((Date.now() - orderIdV2Day.getTime()) / (1000 * 60 * 60 * 24));
  return `${String(days).padStart(5, "0")}:${toShortUuid(uuid()).slice(0, 26)}`;
}
```

## Order Replacement

These operations use the following REST API methods:

1. [PUT /api/order/{orderId}/limit](https://swagger.evedex.com/?urls.primaryName=Exchange#/Order/put_api_order__orderId__limit) – replace limit order
2. [PUT /api/order/{orderId}/stop-limit](https://swagger.evedex.com/?urls.primaryName=Exchange#/Order/put_api_order__orderId__stop_limit) – replace stop-limit order
3. [PUT /api/order/limit/{instrument}](https://swagger.evedex.com/?urls.primaryName=Exchange#/Order/put_api_order_limit__instrument_) – batch replace orders

All methods require a signature. [Signature schemas](https://github.com/evedex-official/exchange-crypto/blob/master/src/utils/crypto.ts#L68-L82)

**Important:** Normalize all float values to integers before signing according to the [documentation](https://docs.evedex.com/developers/toolkit#crypto).

## Order Cancellation

These operations use the following REST API methods:

1. [DELETE /api/order/{orderId}](https://swagger.evedex.com/?urls.primaryName=Exchange#/Order/delete_api_order__orderId_) – cancel specific order
2. [POST /api/order/mass-cancel](https://swagger.evedex.com/?urls.primaryName=Exchange#/Order/post_api_order_mass_cancel) – cancel all user orders for an instrument
3. [POST /api/order/mass-cancel-by-id](https://swagger.evedex.com/?urls.primaryName=Exchange#/Order/post_api_order_mass_cancel_by_id) – cancel specific user orders

These methods do not require a signature.

**Important:** If the order is filled before the cancel request is processed, its status will not be changed to `CANCELLED`.

## Position Closure

This operation uses the [POST /api/v2/position/{instrument}/close](https://swagger.evedex.com/?urls.primaryName=Exchange#/Position/post_api_v2_position__instrument__close) REST API method (version 2), specifying the position volume to be closed.

[Signature schema](https://github.com/evedex-official/exchange-crypto/blob/master/src/utils/crypto.ts#L50)

**Important:** Normalize all float values to integers before signing according to the [documentation](https://docs.evedex.com/developers/toolkit#crypto).

## Leverage Change

This operation uses the [PUT /api/position/{instrument}](https://swagger.evedex.com/?urls.primaryName=Exchange#/Position/put_api_position__instrument_) REST API method, specifying the new leverage.

No signature is required.

## TpSl Creation, Modification, and Cancellation

These operations use the following REST API methods:

1. [POST /api/tpsl/{instrument}](https://swagger.evedex.com/?urls.primaryName=Exchange#/TpSl/post_api_tpsl__instrument_) – create TpSl
2. [POST /api/tpsl/{instrument}/id](https://swagger.evedex.com/?urls.primaryName=Exchange#/TpSl/put_api_tpsl__instrument___id_) – modify TpSl
3. [DELETE /api/tpsl/{instrument}/id](https://swagger.evedex.com/?urls.primaryName=Exchange#/TpSl/delete_api_tpsl__instrument___id_) – cancel TpSl

Signature is required for creation. [Signature schema](https://github.com/evedex-official/exchange-crypto/blob/master/src/utils/crypto.ts#L59)

**Important:** Normalize all float values to integers before signing according to the [documentation](https://docs.evedex.com/developers/toolkit#crypto).

**Important:** All active TpSl orders will be canceled during liquidation.


# Node.js & JavaScript SDK for Evedex REST APIs & WebSockets

\[TOC]

This SDK enables programmatic access to [Evedex exchange](https://demo-exchange.evedex.com/en-US/) services, including market data streaming, account metrics, and order management.

* Integration sdk with Evedex REST APIs and WebSockets.
* TypeScript support (with type declarations for most API requests & responses).
* Auth with wallet private keys or with API keys
* Realtime balances, positions, orderbook, and order state updates with cache management.
* Methods for working with orders by wallet account: create replace cancel orders.
* Includes internally sign request payloads for orders, positions and withdraw methods

## Installation

1. Init npm project
2. Install exchange-bot-sdk dependency

```
npm i @evedex/exchange-bot-sdk --save
```

## Usage

### Initialize container

You can use demo (for testing purposes) or production environments. For initializing container you need to pass websocket instance.

If you are using Node environment you need to install `ws` additionally:

```
npm i ws --save
```

And use it during initialize container method

```ts
import { WebSocket } from "ws";
```

#### DEMO TRADING ENVIRONMENT

```ts
const container = new evedexSdk.DemoContainer({
  centrifugeWebSocket: WebSocket,
  wallets: {
    baseAccount: {
      privateKey: "0x...",
    },
  },
  apiKeys: {},
});
```

#### PRODUCTION ENVIRONMENT

```ts
const container = new evedexSdk.ProdContainer({
  centrifugeWebSocket: WebSocket,
  wallets: {
    baseAccount: {
      privateKey: "0x...",
    },
  },
  apiKeys: {},
});
```

### Initialize account

#### Api key account

ApiKeyAccount is designed to read user account state, including: balances, positions, orders.

You can create api key if you already logged in to evedex exchange.

Go to profile menu by clicking on avatar at the upper right corner => go to settings => API => create API key

<details>

<summary>Init example</summary>

```ts
import * as evedexSdk from "@evedex/exchange-bot-sdk";

const container = evedexSdk.initContainer(evedexSdk.Environment.DEMO, {
  centrifugeWebSocket: WebSocket,
  wallets: {},
  apiKeys: {
    mainApiKey: {
      apiKey: "cUxD***uOUQ=",
    },
  },
});

// or
const demoContainer = new evedexSdk.DemoContainer({
  centrifugeWebSocket: WebSocket,
  wallets: {},
  apiKeys: {
    mainApiKey: {
      apiKey: "cUxD***uOUQ=",
    },
  },
});
```

</details>

#### Wallet account

WalletAccout has all posibilities to read user account state and also includes:

* Methods to work with orders (create, replace, cancel, mass cancel) with signing them internally
* Methods to work with positions
* Methods to work with balances

<details>

<summary>Init example</summary>

```ts
import * as evedexSdk from "@evedex/exchange-bot-sdk";

const container = new evedexSdk.DemoContainer({
  centrifugeWebSocket: WebSocket,
  wallets: {
    baseAccount: {
      privateKey: "0x...",
    },
  },
});
```

</details>

#### Balance

Balance instance is designed for calculate available user balance and handle exchange events.

Methods with get prefix returns cached state, here is list of this methods:

* getFundingQuantity(currency) —
* getPositionList() —
* getPosition(instrument) —
* getOrderList() —
* getTpSlList() —
* getAvailableBalance() —
* getPower(instrument) —

Methods with fetch prefix are used for retrieving data from REST API:

* fetchTpSlList(query) — Fetches TP/SL list
* fetchMe() — Fetches user info
* fetchPositions() — Fetches positions
* fetchOrders(orderListQuery) — Fetches orders
* fetchAvailableBalance() — Fetches available balance
* fetchOpenOrders() — Fetches open orders

Balance `listen` method subscribes for exchange events: updates positions, orders, funding, tpsl.

Signals are disgned for handling events:

* onAccountUpdate
* onFundingUpdate
* onPositionUpdate
* onOrderUpdate
* onTpSlUpdate

<details>

<summary>Sample</summary>

```ts
import * as evedexSdk from "@evedex/exchange-bot-sdk";

const container = new evedexSdk.DemoContainer({
  centrifugeWebSocket: WebSocket,
  wallets: {
    baseAccount: {
      privateKey: "0x...",
    },
  },
});

const account = await container.account("baseAccount");

const balance = account.getBalance();

balance.listen();

console.log(balance.getPower("BTCUSDT:DEMO"));

console.log(await balance.fetchOrders({ instrument: "BTCUSDT:DEMO" }));

balance.onAccountUpdate((a) => console.info(a));
```

</details>

### Examples

<details>

<summary>Full example of sdk usage:</summary>

```ts
import * as evedexSdk from "@evedex/exchange-bot-sdk";
import { AxiosError } from "axios";
import WebSocket from "ws";

const cfg = {
  centrifugeWebSocket: WebSocket,
  // your wallet private key
  wallets: { myWallet: { privateKey: "5b7..." } },
  // your api key
  apiKeys: { myApiKey: { apiKey: "GNL+Y/VgRj..." } },
};

const container = new evedexSdk.DemoContainer(cfg); // or ProdContainer
const gateway = container.gateway(); // for public api methods

const sampleMarketData = async () => {
  //let's subscribe to the order book update and print 1st value
  console.log("Subscribing to order book update");
  gateway.onOrderBookUpdate((o) => {
    console.log(o);
    gateway.unListenOrderBook("BTCUSDT:DEMO");
  });
  gateway.listenOrderBook("BTCUSDT:DEMO");

  //let's subscribe to the order book best update and print 1st value
  console.log("Subscribing to order book best update");
  gateway.onOrderBookBestUpdate((o) => {
    console.log(o);
    gateway.unListenOrderBookBest("BTCUSDT:DEMO");
  });
  gateway.listenOrderBookBest("BTCUSDT:DEMO");

  //let's fetch orderbook directly
  console.log(await gateway.fetchMarketDepth({ instrument: "BTCUSDT:DEMO", maxLevel: 10 }));

  //let's fetch instruments
  console.log(
    (await container.gateway().fetchInstrumentsWithMetrics()).find(
      (i) => i.name === "BTCUSDT:DEMO",
    ),
  );
  console.log(
    (await container.gateway().fetchInstruments()).find((i) => i.name === "BTCUSDT:DEMO"),
  );

  //lets fetch coins
  console.log((await gateway.fetchCoins()).find((c: any) => c.name === "BTC"));
  console.log(await gateway.fetchTrades({ instrument: "BTCUSDT:DEMO" }));
};

const sampleAccountData = async (account: evedexSdk.WalletAccount | evedexSdk.ApiKeyAccount) => {
  //show account info
  console.log(await account.fetchMe());
  const accountState = account.getBalance(); // for account ws callbacks and state
  // let's subscribe to account state metrics
  await accountState.listen(); //await is important here as it will wait till cache is populated
  console.log("Account metrics subscription done, getting state now:");

  // log current state from cache
  console.log(accountState.getOrderList().filter((o) => o.status === evedexSdk.OrderStatus.New));
  console.log(accountState.getFundingQuantity(evedexSdk.CollateralCurrency.USDT));
  console.log(accountState.getAvailableBalance());
  console.log(accountState.getPositionList());
  console.log(accountState.getTpSlList());
  console.log(accountState.getPower("BTCUSDT:DEMO"));

  //also we can fetch the same data from gateway directly
  console.log(await account.fetchOrders({ instrument: "BTCUSDT:DEMO" }));
  console.log(await account.fetchPositions());
  console.log(await account.fetchAvailableBalance());
  console.log(await account.fetchTpSlList({ instrument: "BTCUSDT:DEMO" }));

  //now let's attach callbacks to account updates to print new values
  console.log("Subscribing to account updates");
  accountState.onAccountUpdate((a) => console.info(a));
  accountState.onFundingUpdate((f) => console.info(f));
  accountState.onPositionUpdate((p) => console.info(p));
  accountState.onOrderUpdate((o) => console.info(o));
  accountState.onTpSlUpdate((t) => console.info(t));
};

const sampleOrders = async (account: evedexSdk.WalletAccount) => {
  // //this is how leverage is managed
  await account.updatePosition({ instrument: "BTCUSDT:DEMO", leverage: 20 });

  console.log("Placing limit order");
  const md = await gateway.fetchMarketDepth({ instrument: "BTCUSDT:DEMO", maxLevel: 1 });

  const limitOrder = {
    instrument: "BTCUSDT:DEMO",
    side: evedexSdk.Side.Buy,
    quantity: 0.001,
    limitPrice: md.bids[0].price - 500,
    leverage: 20,
  };
  const order = await account.createLimitOrder(limitOrder);
  console.info(`Order created: ${order.id}`);
  console.log("Cancelling limit order...");

  await account.cancelOrder({ orderId: order.id });
  try {
    //both queries will fail with 400 as order is already cancelled
    await account.massCancelUserOrders({ instrument: "BTCUSDT:DEMO" });
    await account.massCancelUserOrdersById({ orderIds: [order.id] });
  } catch (e: any) {
    if (e instanceof AxiosError) console.log(e.response?.data.error);
  }
};

const main = async () => {
  const account = await container.account("myWallet"); // for account methods
  const apiKeyAccount = await container.apiKeyAccount("myApiKey"); // for readonly account methods via api key
  console.log("Init done");

  await sampleMarketData();
  await sampleAccountData(apiKeyAccount); // or apiKeyAccount
  await sampleOrders(account); //order placements only for wallet account

  console.log("Done");
};

main().catch((e) => console.error(e));
```

</details>

### How to get test USDT in Development environment

For your convenience there's a test faucet that immediately deposits 1000 USDT to your smart-account in Development environment.

1. The first run happens automatically when you register on <https://demo-exchange.evedex.com>
2. After that you can once in a while request test funds using the button "Request Demo Funds" in the bottom-right of the Exchange screen.

## Methods tree

### Container

* `constructor(config: ContainerConfig)` — Initialize container instance.

<details>

<summary>Init container usage example</summary>

```typescript
import { WebSocket } from "ws";
import { Environment, Container } from "@evedex/exchange-bot-sdk";

const config = {
  environment: Environment.DEV,
  centrifugeWebSocket: WebSocket,
  wallets: {
    myWallet: {
      privateKey: "your-private-key",
    },
  },
  apiKeys: {
    mainApiKey: {
      apiKey: "your-api-key",
    },
  },
};

const devContainer = new Container(config);
```

</details>

* `wallet(walletName: string)` — Returns Wallet class instance.

<details>

<summary>Wallet method usage example</summary>

```typescript
import { WebSocket } from "ws";
import { Environment, Container } from "@evedex/exchange-bot-sdk";

const config = {
  environment: Environment.DEV,
  centrifugeWebSocket: WebSocket,
  wallets: {
    myWallet: {
      privateKey: "your-private-key",
    },
  },
  apiKeys: {
    mainApiKey: {
      apiKey: "your-api-key",
    },
  },
};

const devContainer = new Container(config);
const wallet = devContainer.wallet("myWallet");
```

The Wallet class provides methods for interacting with an Ethereum wallet using the ethers library.

Method Explanations:

* `getChainId()`: Returns the chain ID of the Ethereum network, either from the provided options.chain string or by querying the signer's provider.
* `getAddress()`: Returns the Ethereum address associated with the wallet.
* `solidityPackedKeccak256(types, values)`: Computes the Solidity-packed Keccak-256 hash of the provided types and values.
* `getBytes(value)`: Returns the bytes representation of the provided value string.
* `serializeSignature(signature)`: Serializes the provided signature string into a format suitable for transmission.
* `signMessage(message)`: Signs the provided message string or Uint8Array using the wallet's private key.
* `signTypedData(domain, types, value)`: Signs the provided domain, types, and value using the wallet's private key, according to the EIP-712 typed data specification.

</details>

* account(walletName: string) — Returns [WalletAccount instance](#wallet-account).

<details>

<summary>Account method usage example</summary>

```typescript
import { WebSocket } from "ws";
import { Environment, Container } from "@evedex/exchange-bot-sdk";

const config = {
  environment: Environment.DEV,
  centrifugeWebSocket: WebSocket,
  wallets: {
    myWallet: {
      privateKey: "your-private-key",
    },
  },
  apiKeys: {
    mainApiKey: {
      apiKey: "your-api-key",
    },
  },
};

const devContainer = new Container(config);
const walletAccount = devContainer.account("myWallet");
```

</details>

* apiKey(apiKeyName: string) — Returns user api key by config name.

<details>

<summary>apiKey method usage example</summary>

```typescript
import { WebSocket } from "ws";
import { Environment, Container } from "@evedex/exchange-bot-sdk";

const config = {
  environment: Environment.DEV,
  centrifugeWebSocket: WebSocket,
  wallets: {
    myWallet: {
      privateKey: "your-private-key",
    },
  },
  apiKeys: {
    mainApiKey: {
      apiKey: "your-api-key",
    },
  },
};

const devContainer = new Container(config);
const userApiKey = devContainer.apiKey("mainApiKey"); // returns 'your-api-key'
```

</details>

* apiKeyAccount(apiKeyName: string) — Returns [ApiKeyAccount instance](#api-key-account).

<details>

<summary>apiKeyAccount method usage example</summary>

```typescript
import { WebSocket } from "ws";
import { Environment, Container } from "@evedex/exchange-bot-sdk";

const config = {
  environment: Environment.DEV,
  centrifugeWebSocket: WebSocket,
  wallets: {
    myWallet: {
      privateKey: "your-private-key",
    },
  },
  apiKeys: {
    mainApiKey: {
      apiKey: "your-api-key",
    },
  },
};

const devContainer = new Container(config);
const apiKeyAccount = devContainer.apiKeyAccount("mainApiKey");
```

</details>

* gateway() — Returns Gateway instance (deprecated, not recommended to use). Returns a `Gateway` class instance.
* closeWsConnection() — Close centrifuge websocket connection.

### ApiKeyAccount

The ApiKeyAccount class represents an API key account, which provides methods for interacting with an exchange gateway.

To initialize `ApiKeyAccount` you need to pass your API key to container config.

Class Methods

Getters:

* `gateway`: Returns the gateway instance (deprecated, not recommended to use).
* `authGateway`: Returns the authentication gateway (deprecated, not recommended to use).
* `exchangeGateway`: Returns the exchange gateway (deprecated, not recommended to use).
* `wsGateway`: Returns the WebSocket gateway (deprecated, not recommended to use).
* `exchangeAccount`: Returns the exchange account associated with the API key.

<details>

<summary>exchangeAccount method usage example</summary>

```typescript
import { WebSocket } from "ws";
import { Environment, Container } from "@evedex/exchange-bot-sdk";

const config = {
  environment: Environment.DEV,
  centrifugeWebSocket: WebSocket,
  wallets: {
    myWallet: {
      privateKey: "your-private-key",
    },
  },
  apiKeys: {
    mainApiKey: {
      apiKey: "your-api-key",
    },
  },
};

const devContainer = new Container(config);
const apiKeyAccount = devContainer.apiKeyAccount("mainApiKey");
const exchangeAccountData = apiKeyAccount.exchangeAccount();
```

exchangeAccount result example

```json
{
  "id": "8f0f1f6e-4a6d-4f6a-8e6f-0f6a4f6a8ev",
  "authId": "b6b3a4c6-5a6d-43e6-b6b3-a4c65a6d43e6",
  "exchangeId": 1,
  "name": "John Doe",
  "email": "john.doe@example.com",
  "wallet": "0x1234567890abcdef",
  "social": [
    {
      "type": "twitter",
      "value": "@johndoe"
    },
    {
      "type": "github",
      "value": "johndoe"
    }
  ],
  "avatar": "https://example.com/avatar.jpg",
  "level": 2,
  "locale": "en-US",
  "dateTimeFormat": "MM/DD/YYYY",
  "favoriteInstruments": ["BTCUSDT"],
  "marginCall": false,
  "createdAt": "2022-01-01T12:00:00.000Z",
  "updatedAt": "2022-01-15T14:30:00.000Z"
}
```

</details>

* `session`: Returns the session associated with the API key account. In case of api ey account returns api key.

Methods:

* `getBalance`: Returns a new Balance class instance for the API key account.
* `fetchTpSlList`: Fetches a list of Take Profit and Stop Loss (TpSl) orders based on the provided query parameters.

<details>

<summary>fetchTpSlList method usage example</summary>

```typescript
import { WebSocket } from "ws";
import { Environment, Container, TpSlType } from "@evedex/exchange-bot-sdk";

const config = {
  environment: Environment.DEV,
  centrifugeWebSocket: WebSocket,
  wallets: {
    myWallet: {
      privateKey: "your-private-key",
    },
  },
  apiKeys: {
    mainApiKey: {
      apiKey: "your-api-key",
    },
  },
};

const devContainer = new Container(config);
const apiKeyAccount = devContainer.apiKeyAccount("mainApiKey");
const query = {
  instrument: ["BTCUSDT", "ETHUSDT"],
  status: ["active", "pending"],
  type: TpSlType.TakeProfit,
  offset: 0,
  limit: 10,
};
const tpslList = await apiKeyAccount.fetchTpSlList(query);
```

tpslList result example

```json
{
  "list": [
    {
      "id": "f47ac10b-58cc-4752-9f6a-8e3f9e7a6c11",
      "instrument": "BTCUSDT",
      "type": "take-profit",
      "side": "BUY",
      "quantity": "0.1",
      "price": "50000.00",
      "status": "active",
      "triggerOrder": "9b1deb4d-3b7d-4bad-9bdd-2b0d7b9d4c22",
      "triggeredQuantity": "0.05",
      "cancelledReason": "",
      "createdAt": "2022-01-01T12:00:00.000Z",
      "updatedAt": "2022-01-15T14:30:00.000Z"
    }
  ]
}
```

</details>

* `fetchMe`: Fetches the current user information.

<details>

<summary>fetchMe method usage example</summary>

```typescript
import { WebSocket } from "ws";
import { Environment, Container } from "@evedex/exchange-bot-sdk";

const config = {
  environment: Environment.DEV,
  centrifugeWebSocket: WebSocket,
  wallets: {
    myWallet: {
      privateKey: "your-private-key",
    },
  },
  apiKeys: {
    mainApiKey: {
      apiKey: "your-api-key",
    },
  },
};

const devContainer = new Container(config);
const apiKeyAccount = devContainer.apiKeyAccount("mainApiKey");
const userData = await apiKeyAccount.fetchMe();
```

fetchMe result example

```json
{
  "id": "8f0f1f6e-4a6d-4f6a-8e6f-0f6a4f6a8ev",
  "authId": "b6b3a4c6-5a6d-43e6-b6b3-a4c65a6d43e6",
  "exchangeId": 1,
  "name": "John Doe",
  "email": "john.doe@example.com",
  "wallet": "0x1234567890abcdef",
  "social": [
    {
      "type": "twitter",
      "value": "@johndoe"
    },
    {
      "type": "github",
      "value": "johndoe"
    }
  ],
  "avatar": "https://example.com/avatar.jpg",
  "level": 2,
  "locale": "en-US",
  "dateTimeFormat": "MM/DD/YYYY",
  "favoriteInstruments": ["BTCUSDT"],
  "marginCall": false,
  "createdAt": "2022-01-01T12:00:00.000Z",
  "updatedAt": "2022-01-15T14:30:00.000Z"
}
```

</details>

* `fetchPositions`: Fetches a list of current user positions.

<details>

<summary>fetchPositions method usage example</summary>

```typescript
import { WebSocket } from "ws";
import { Environment, Container } from "@evedex/exchange-bot-sdk";

const config = {
  environment: Environment.DEV,
  centrifugeWebSocket: WebSocket,
  wallets: {
    myWallet: {
      privateKey: "your-private-key",
    },
  },
  apiKeys: {
    mainApiKey: {
      apiKey: "your-api-key",
    },
  },
};

const devContainer = new Container(config);
const apiKeyAccount = devContainer.apiKeyAccount("mainApiKey");
const positions = await apiKeyAccount.fetchPositions();
```

fetchPositions result example

```json
[
  {
    "id": "1-BTCUSDT",
    "user": "1",
    "instrument": "BTCUSDT",
    "side": "buy",
    "quantity": 0.1,
    "avgPrice": 50000.0,
    "fundingRate": 0.01,
    "leverage": 10,
    "maintenanceMargin": 0.05,
    "createdAt": "2022-01-01T12:00:00.000Z",
    "updatedAt": "2022-01-15T14:30:00.000Z",
    "unRealizedPnL": 1000.0,
    "adlLevel": 2
  }
]
```

</details>

* `fetchOrders`: Fetches a list of user orders based on the provided query parameters.

<details>

<summary>fetchOrders method usage example</summary>

```typescript
import { WebSocket } from "ws";
import {
  Environment,
  Container,
  Side,
  OrderType,
  OrderGroup,
  OrderStatus,
} from "@evedex/exchange-bot-sdk";

const config = {
  environment: Environment.DEV,
  centrifugeWebSocket: WebSocket,
  wallets: {
    myWallet: {
      privateKey: "your-private-key",
    },
  },
  apiKeys: {
    mainApiKey: {
      apiKey: "your-api-key",
    },
  },
};

const devContainer = new Container(config);
const apiKeyAccount = devContainer.apiKeyAccount("mainApiKey");
const orderListQueryParams = {
  instrument: "BTCUSDT",
  status: [OrderStatus.New, OrderStatus.PartiallyFilled],
  group: [OrderGroup.Manually, OrderGroup.TpSl],
  type: [OrderType.Limit, OrderType.Market],
  side: Side.Buy,
  version: 2,
  limit: 10,
  offset: 0,
};

const orderList = await apiKeyAccount.fetchOrders(orderListQueryParams);
```

fetchOrders result example

```json
{
  "list": [
    {
      "id": "a6f1c4e5-3b7d-42e6-b6b3-a4c65a6d43e6",
      "user": "67890",
      "instrument": "BTCUSDT",
      "side": "BUY",
      "type": "LIMIT",
      "quantity": 0.1,
      "cashQuantity": 5000.0,
      "limitPrice": 50000.0,
      "stopPrice": null,
      "status": "PARTIALLY_FILLED",
      "unFilledQuantity": 0.05,
      "filledAvgPrice": 50050.0,
      "realizedPnL": 100.0,
      "fee": [
        {
          "coin": "USDT",
          "quantity": 10.0
        }
      ],
      "createdAt": "2022-01-01T12:00:00.000Z",
      "updatedAt": "2022-01-15T14:30:00.000Z",
      "triggeredAt": null,
      "group": "manually"
    }
  ],
  "count": 1
}
```

</details>

* `fetchAvailableBalance`: Fetches the available balance for the current user.

<details>

<summary>fetchAvailableBalance method usage example</summary>

```typescript
import { WebSocket } from "ws";
import {
  Environment,
  Container,
  Side,
  OrderType,
  OrderGroup,
  OrderStatus,
} from "@evedex/exchange-bot-sdk";

const config = {
  environment: Environment.DEV,
  centrifugeWebSocket: WebSocket,
  wallets: {
    myWallet: {
      privateKey: "your-private-key",
    },
  },
  apiKeys: {
    mainApiKey: {
      apiKey: "your-api-key",
    },
  },
};

const devContainer = new Container(config);
const apiKeyAccount = devContainer.apiKeyAccount("mainApiKey");
const availableBalance = await apiKeyAccount.fetchAvailableBalance();
```

fetchAvailableBalance result example

```json
{
  "funding": {
    "currency": "USDT",
    "balance": "10000.00"
  },
  "positions": [
    {
      "instrument": "BTCUSDT",
      "side": "buy",
      "volume": "0.1",
      "initialMargin": "500.00"
    },
    {
      "instrument": "ETHUSDT",
      "side": "sell",
      "volume": "1.0",
      "initialMargin": "1000.00"
    }
  ],
  "openOrders": [
    {
      "instrument": "BTCUSDT",
      "side": "buy",
      "unFilledVolume": "0.05",
      "unFilledInitialMargin": "250.00"
    },
    {
      "instrument": "ETHUSDT",
      "side": "sell",
      "unFilledVolume": "0.5",
      "unFilledInitialMargin": "500.00"
    }
  ],
  "availableBalance": "5000.00"
}
```

</details>

* `fetchPower`: Fetches user power for sell and buy sides.

<details>

<summary>fetchPower method usage example</summary>

```typescript
import { WebSocket } from "ws";
import {
  Environment,
  Container,
  Side,
  OrderType,
  OrderGroup,
  OrderStatus,
} from "@evedex/exchange-bot-sdk";

const config = {
  environment: Environment.DEV,
  centrifugeWebSocket: WebSocket,
  wallets: {
    myWallet: {
      privateKey: "your-private-key",
    },
  },
  apiKeys: {
    mainApiKey: {
      apiKey: "your-api-key",
    },
  },
};

const devContainer = new Container(config);
const apiKeyAccount = devContainer.apiKeyAccount("mainApiKey");
const powerQueryParams = {
  instrument: "BTCUSDT",
};
const power = await apiKeyAccount.fetchPower(powerQueryParams);
```

fetchPower result example

```json
{
  "buy": {
    "power": 1000
  },
  "sell": {
    "power": 2000
  }
}
```

</details>

* `fetchOpenOrders`: Fetches a list of open orders for the current user.

<details>

<summary>fetchOpenOrders method usage example</summary>

```typescript
import { WebSocket } from "ws";
import {
  Environment,
  Container,
  Side,
  OrderType,
  OrderGroup,
  OrderStatus,
} from "@evedex/exchange-bot-sdk";

const config = {
  environment: Environment.DEV,
  centrifugeWebSocket: WebSocket,
  wallets: {
    myWallet: {
      privateKey: "your-private-key",
    },
  },
  apiKeys: {
    mainApiKey: {
      apiKey: "your-api-key",
    },
  },
};

const devContainer = new Container(config);
const apiKeyAccount = devContainer.apiKeyAccount("mainApiKey");
const openOrders = await apiKeyAccount.fetchOpenOrders();
```

fetchOpenOrders result example

```json
[
  {
    "id": "a6f1c4e5-3b7d-42e6-b6b3-a4c65a6d43e6",
    "user": "67890",
    "instrument": "BTCUSDT",
    "side": "BUY",
    "type": "LIMIT",
    "status": "PARTIALLY_FILLED",
    "quantity": 0.1,
    "limitPrice": 50000.0,
    "unFilledQuantity": 0.05,
    "fee": [
      {
        "coin": "USDT",
        "quantity": 10.0
      }
    ],
    "updatedAt": "2022-01-15T14:30:00.000Z",
    "cashQuantity": 5000.0
  }
]
```

</details>

### WalletAccount (extends SessionAccount)

This class extends the SessionAccount class, which extends the ApiKeyAccount.

`WalletAccount` contains `ApiKeyAccount` methods and provides methods for executing various trading actions.

To initialize `WalletAccount` you need to pass your wallet private key to container config.

Class Methods

* `createWithdraw(withdraw)` — method used to create a signed withdrawal request and sends it to the exchange gateway.

<details>

<summary>createWithdraw method usage example</summary>

```typescript
import { WebSocket } from "ws";
import { Environment, Container, type TradingBalanceWithdraw } from "@evedex/exchange-bot-sdk";

const config = {
  environment: Environment.DEV,
  centrifugeWebSocket: WebSocket,
  wallets: {
    myWallet: {
      privateKey: "your-private-key",
    },
  },
  apiKeys: {
    mainApiKey: {
      apiKey: "your-api-key",
    },
  },
};

const devContainer = new Container(config);
const walletAccount = devContainer.account("myWallet");
const withdrawQueryParams: TradingBalanceWithdraw = {
  recipient: "0x1234567890abcdef",
  amount: 100.5,
};
const withdrawResult = await walletAccount.createWithdraw(withdrawQueryParams);
```

createWithdraw result example

```json
{
  "id": "123e4567-e89b-12d3-a456-426655440000",
  "user": "f47ac10b-58cc-4372-a567-0e02bdc8d47d",
  "type": "withdraw",
  "coin": "USDT",
  "amount": 100.5,
  "fee": 0.1,
  "status": "pending",
  "createdAt": "2023-02-20T14:30:00.000Z",
  "updatedAt": "2023-02-20T14:30:00.000Z"
}
```

</details>

* `createClosePositionOrder(order)` — method used to creates a signed close position order and sends it to the exchange gateway

<details>

<summary>createWithdraw method usage example</summary>

```typescript
import { WebSocket } from "ws";
import { Environment, Container, type PositionCloseOrderPayload } from "@evedex/exchange-bot-sdk";

const config = {
  environment: Environment.DEV,
  centrifugeWebSocket: WebSocket,
  wallets: {
    myWallet: {
      privateKey: "your-private-key",
    },
  },
  apiKeys: {
    mainApiKey: {
      apiKey: "your-api-key",
    },
  },
};

const devContainer = new Container(config);
const walletAccount = devContainer.account("myWallet");
const positionCloseOrderPayload: PositionCloseOrderPayload = {
  instrument: "BTCUSDT",
  leverage: 10,
  quantity: 0.1,
};
const closePositionResult = await walletAccount.createClosePositionOrder(positionCloseOrderPayload);
```

createClosePositionOrder result example

```json
{
  "id": "a6f1c4e5-3b7d-42e6-b6b3-a4c65a6d43e6",
  "user": "67890",
  "instrument": "BTCUSDT",
  "side": "BUY",
  "type": "MARKET",
  "quantity": 0.1,
  "cashQuantity": 5000.0,
  "limitPrice": null,
  "stopPrice": null,
  "status": "FILLED",
  "unFilledQuantity": 0,
  "filledAvgPrice": 50050.0,
  "realizedPnL": 100.0,
  "fee": [
    {
      "coin": "USDT",
      "quantity": 10.0
    }
  ],
  "createdAt": "2022-01-01T12:00:00.000Z",
  "updatedAt": "2022-01-15T14:30:00.000Z",
  "triggeredAt": null,
  "group": "manually"
}
```

</details>

* `updatePosition(query)` — method used to update an open position leverage.

<details>

<summary>createWithdraw method usage example</summary>

```typescript
import { WebSocket } from "ws";
import { Environment, Container, type PositionUpdateQuery } from "@evedex/exchange-bot-sdk";

const config = {
  environment: Environment.DEV,
  centrifugeWebSocket: WebSocket,
  wallets: {
    myWallet: {
      privateKey: "your-private-key",
    },
  },
  apiKeys: {
    mainApiKey: {
      apiKey: "your-api-key",
    },
  },
};

const devContainer = new Container(config);
const walletAccount = devContainer.account("myWallet");
const positionUpdatePayload: PositionUpdateQuery = {
  instrument: "BTCUSDT",
  leverage: 20,
};

const updatePositionResult = await walletAccount.updatePosition(positionCloseOrderPayload);
```

updatePosition result example

```json
{
  "id": "a8f5e2b4-4c9a-4e3a-8f6d-5b4c7a9d2e1f",
  "user": "a8f5e2b4-4c9a-4e3a-8f6d-5b4c7a9d2e1n",
  "instrument": "BTCUSDT",
  "side": "BUY",
  "quantity": 10,
  "avgPrice": 100.0,
  "fundingRate": 0.01,
  "leverage": 20,
  "maintenanceMargin": 1000.0,
  "createdAt": "2023-02-20T14:30:00.000Z",
  "updatedAt": "2023-02-20T14:30:00.000Z"
}
```

</details>

* `createLimitOrder(order)` — method used to create a signed limit order and sends it to the exchange gateway.

<details>

<summary>createLimitOrder(order) method usage example</summary>

```typescript
import { WebSocket } from "ws";
import {
  Environment,
  Container,
  type LimitOrderPayload,
  Side,
  TpSlType,
} from "@evedex/exchange-bot-sdk";

const config = {
  environment: Environment.DEV,
  centrifugeWebSocket: WebSocket,
  wallets: {
    myWallet: {
      privateKey: "your-private-key",
    },
  },
  apiKeys: {
    mainApiKey: {
      apiKey: "your-api-key",
    },
  },
};

const devContainer = new Container(config);
const walletAccount = devContainer.account("myWallet");
const limitOrderPayload: LimitOrderPayload = {
  instrument: "BTCUSDT",
  side: Side.Buy,
  leverage: 10,
  quantity: 0.01,
  limitPrice: 100000,
  tpsl: [
    {
      type: TpSlType.TakeProfit,
      side: Side.Buy,
      quantity: 0.01,
      price: 120000,
    },
    {
      type: TpSlType.StopLoss,
      side: Side.Buy,
      quantity: 0.01,
      price: 80000,
    },
  ],
};
const createLimitOrderResult = await walletAccount.createLimitOrder(limitOrderPayload);
```

createLimitOrder result example

```json
{
  "id": "a6f1c4e5-3b7d-42e6-b6b3-a4c65a6d43e6",
  "user": "67890",
  "instrument": "BTCUSDT",
  "side": "BUY",
  "type": "LIMIT",
  "quantity": 0.01,
  "cashQuantity": 0,
  "limitPrice": 100000,
  "stopPrice": null,
  "status": "NEW",
  "unFilledQuantity": 0.01,
  "filledAvgPrice": 0,
  "realizedPnL": 0,
  "fee": [
    {
      "coin": "USDT",
      "quantity": 10.0
    }
  ],
  "createdAt": "2022-01-01T12:00:00.000Z",
  "updatedAt": "2022-01-15T14:30:00.000Z",
  "triggeredAt": null,
  "group": "manually"
}
```

</details>

* `replaceLimitOrder(order)` — method used to update (replace) an open limit order.

<details>

<summary>replaceLimitOrder(order) method usage example</summary>

```typescript
import { WebSocket } from "ws";
import {
  Environment,
  Container,
  type ReplaceLimitOrder,
  Side,
  TpSlType,
} from "@evedex/exchange-bot-sdk";

const config = {
  environment: Environment.DEV,
  centrifugeWebSocket: WebSocket,
  wallets: {
    myWallet: {
      privateKey: "your-private-key",
    },
  },
  apiKeys: {
    mainApiKey: {
      apiKey: "your-api-key",
    },
  },
};

const devContainer = new Container(config);
const walletAccount = devContainer.account("myWallet");
const replaceLimitOrderPayload: ReplaceLimitOrder = {
  orderId: "a8f5e2b4-4c9a-4e3a-8f6d-5b4c7a9d2e1f",
  quantity: 0.02,
  limitPrice: 105000,
};
const replaceLimitOrderResult = await walletAccount.replaceLimitOrder(replaceLimitOrderPayload);
```

replaceLimitOrder result example

```json
{
  "id": "a8f5e2b4-4c9a-4e3a-8f6d-5b4c7a9d2e1f",
  "user": "67890",
  "instrument": "BTCUSDT",
  "side": "BUY",
  "type": "LIMIT",
  "quantity": 0.02,
  "cashQuantity": 0,
  "limitPrice": 105000,
  "stopPrice": null,
  "status": "REPLACED",
  "unFilledQuantity": 0.02,
  "filledAvgPrice": 0,
  "realizedPnL": 0,
  "fee": [
    {
      "coin": "USDT",
      "quantity": 10.0
    }
  ],
  "createdAt": "2022-01-01T12:00:00.000Z",
  "updatedAt": "2022-01-15T14:30:00.000Z",
  "triggeredAt": null,
  "group": "manually"
}
```

</details>

* `batchReplaceLimitOrder(orderList)` — method used to batch replace open limit orders. **Deprecated, not recommmended to use. Instead use batchReplaceInstrumentLimitOrder method**
* `batchReplaceInstrumentLimitOrder(instrument, orderList)` — method used to batch replace open limit orders.

<details>

<summary>batchReplaceInstrumentLimitOrder(instrument, orderList) method usage example</summary>

```typescript
import { WebSocket } from "ws";
import {
  Environment,
  Container,
  type ReplaceLimitOrder,
  Side,
  TpSlType,
} from "@evedex/exchange-bot-sdk";

const config = {
  environment: Environment.DEV,
  centrifugeWebSocket: WebSocket,
  wallets: {
    myWallet: {
      privateKey: "your-private-key",
    },
  },
  apiKeys: {
    mainApiKey: {
      apiKey: "your-api-key",
    },
  },
};

const devContainer = new Container(config);
const walletAccount = devContainer.account("myWallet");
const replaceLimitOrderPayloads: ReplaceLimitOrder[] = [
  {
    orderId: "a8f5e2b4-4c9a-4e3a-8f6d-5b4c7a9d2e1f",
    quantity: 0.02,
    limitPrice: 105000,
  },
  {
    orderId: "a8f5e2b4-4c9a-4e3a-8f6d-5b4c7a9d2e1n",
    quantity: 0.01,
    limitPrice: 95000,
  },
];
const batchReplaceInstrumentLimitOrderResult = await walletAccount.batchReplaceInstrumentLimitOrder(
  "BTCUSDT",
  replaceLimitOrderPayloads,
);
```

batchReplaceInstrumentLimitOrderResult result example

```json
{}
```

</details>

* `createMarketOrder(order)` — method used to create a signed market order.

<details>

<summary>createMarketOrder(order) method usage example</summary>

```typescript
import { WebSocket } from "ws";
import {
  Environment,
  Container,
  type MarketOrderPayload,
  TimeInForce,
  Side,
  TpSlType,
} from "@evedex/exchange-bot-sdk";

const config = {
  environment: Environment.DEV,
  centrifugeWebSocket: WebSocket,
  wallets: {
    myWallet: {
      privateKey: "your-private-key",
    },
  },
  apiKeys: {
    mainApiKey: {
      apiKey: "your-api-key",
    },
  },
};

const devContainer = new Container(config);
const walletAccount = devContainer.account("myWallet");
const marketOrderPayload: MarketOrderPayload = {
  instrument: "BTCUSDT",
  side: Side.Buy,
  leverage: 10,
  timeInForce: TimeInForce.IOC,
  cashQuantity: 1000,
  tpsl: [
    {
      type: TpSlType.TakeProfit,
      side: Side.Buy,
      quantity: 0.01,
      price: 120000,
    },
    {
      type: TpSlType.StopLoss,
      side: Side.Buy,
      quantity: 0.01,
      price: 80000,
    },
  ],
};
const createMarketOrderResult = await walletAccount.createMarketOrder(marketOrderPayload);
```

createMarketOrder result example

```json
{
  "id": "a6f1c4e5-3b7d-42e6-b6b3-a4c65a6d43e6",
  "user": "67890",
  "instrument": "BTCUSDT",
  "side": "BUY",
  "type": "MARKET",
  "quantity": 0,
  "cashQuantity": 1000,
  "limitPrice": 0,
  "stopPrice": null,
  "status": "NEW",
  "unFilledQuantity": 0.01,
  "filledAvgPrice": 0,
  "realizedPnL": 0,
  "fee": [
    {
      "coin": "USDT",
      "quantity": 10.0
    }
  ],
  "createdAt": "2022-01-01T12:00:00.000Z",
  "updatedAt": "2022-01-15T14:30:00.000Z",
  "triggeredAt": null,
  "group": "manually"
}
```

</details>

* `createStopLimitOrder(order)` — method used to create a stop-limit order.

<details>

<summary>createStopLimitOrder(order) method usage example</summary>

```typescript
import { WebSocket } from "ws";
import {
  Environment,
  Container,
  type StopLimitOrderPayload,
  Side,
  TpSlType,
} from "@evedex/exchange-bot-sdk";

const config = {
  environment: Environment.DEV,
  centrifugeWebSocket: WebSocket,
  wallets: {
    myWallet: {
      privateKey: "your-private-key",
    },
  },
  apiKeys: {
    mainApiKey: {
      apiKey: "your-api-key",
    },
  },
};

const devContainer = new Container(config);
const walletAccount = devContainer.account("myWallet");
const limitOrderPayload: StopLimitOrderPayload = {
  instrument: "BTCUSDT",
  side: Side.Buy,
  leverage: 10,
  quantity: 0.01,
  limitPrice: 100000,
  stopPrice: 100500,
  tpsl: [
    {
      type: TpSlType.TakeProfit,
      side: Side.Buy,
      quantity: 0.01,
      price: 120000,
    },
    {
      type: TpSlType.StopLoss,
      side: Side.Buy,
      quantity: 0.01,
      price: 80000,
    },
  ],
};
const createStopLimitOrderResult = await walletAccount.createStopLimitOrder(limitOrderPayload);
```

createStopLimitOrder result example

```json
{
  "id": "a6f1c4e5-3b7d-42e6-b6b3-a4c65a6d43e6",
  "user": "67890",
  "instrument": "BTCUSDT",
  "side": "BUY",
  "type": "STOP_LIMIT",
  "quantity": 0.01,
  "cashQuantity": 0,
  "limitPrice": 100000,
  "stopPrice": 100500,
  "status": "NEW",
  "unFilledQuantity": 0.01,
  "filledAvgPrice": 0,
  "realizedPnL": 0,
  "fee": [
    {
      "coin": "USDT",
      "quantity": 10.0
    }
  ],
  "createdAt": "2022-01-01T12:00:00.000Z",
  "updatedAt": "2022-01-15T14:30:00.000Z",
  "triggeredAt": null,
  "group": "manually"
}
```

</details>

* `replaceStopLimitOrder(order)` — method used to replace a stop-limit order.

<details>

<summary>replaceStopLimitOrder(order) method usage example</summary>

```typescript
import { WebSocket } from "ws";
import {
  Environment,
  Container,
  type ReplaceStopLimitOrder,
  Side,
  TpSlType,
} from "@evedex/exchange-bot-sdk";

const config = {
  environment: Environment.DEV,
  centrifugeWebSocket: WebSocket,
  wallets: {
    myWallet: {
      privateKey: "your-private-key",
    },
  },
  apiKeys: {
    mainApiKey: {
      apiKey: "your-api-key",
    },
  },
};

const devContainer = new Container(config);
const walletAccount = devContainer.account("myWallet");
const replaceLimitOrderPayload: ReplaceStopLimitOrder = {
  orderId: "a8f5e2b4-4c9a-4e3a-8f6d-5b4c7a9d2e1f",
  quantity: 0.02,
  limitPrice: 105000,
  stopPrice: 105500,
};
const replaceLimitOrderResult = await walletAccount.replaceStopLimitOrder(replaceLimitOrderPayload);
```

replaceStopLimitOrder result example

```json
{
  "id": "a8f5e2b4-4c9a-4e3a-8f6d-5b4c7a9d2e1f",
  "user": "67890",
  "instrument": "BTCUSDT",
  "side": "BUY",
  "type": "LIMIT",
  "quantity": 0.02,
  "cashQuantity": 0,
  "limitPrice": 105000,
  "stopPrice": 105500,
  "status": "REPLACED",
  "unFilledQuantity": 0.02,
  "filledAvgPrice": 0,
  "realizedPnL": 0,
  "fee": [
    {
      "coin": "USDT",
      "quantity": 10.0
    }
  ],
  "createdAt": "2022-01-01T12:00:00.000Z",
  "updatedAt": "2022-01-15T14:30:00.000Z",
  "triggeredAt": null,
  "group": "manually"
}
```

</details>

* `cancelOrder(query)` — method used to cancel an order.

<details>

<summary>cancelOrder(query) method usage example</summary>

```typescript
import { WebSocket } from "ws";
import { Environment, Container, type OrderCancelQuery } from "@evedex/exchange-bot-sdk";

const config = {
  environment: Environment.DEV,
  centrifugeWebSocket: WebSocket,
  wallets: {
    myWallet: {
      privateKey: "your-private-key",
    },
  },
  apiKeys: {
    mainApiKey: {
      apiKey: "your-api-key",
    },
  },
};

const devContainer = new Container(config);
const walletAccount = devContainer.account("myWallet");
const cancelOrderPayload: OrderCancelQuery = {
  orderId: "a8f5e2b4-4c9a-4e3a-8f6d-5b4c7a9d2e1f",
};
const cancelOrderResult = await walletAccount.cancelOrder(cancelOrderPayload);
```

cancelOrder result example

```json
{}
```

</details>

* `massCancelUserOrdersById(query)` — method used to cancel user orders by ids.

<details>

<summary>massCancelUserOrdersById(query) method usage example</summary>

```typescript
import { WebSocket } from "ws";
import { Environment, Container, type OrderMassCancelByIdQuery } from "@evedex/exchange-bot-sdk";

const config = {
  environment: Environment.DEV,
  centrifugeWebSocket: WebSocket,
  wallets: {
    myWallet: {
      privateKey: "your-private-key",
    },
  },
  apiKeys: {
    mainApiKey: {
      apiKey: "your-api-key",
    },
  },
};

const devContainer = new Container(config);
const walletAccount = devContainer.account("myWallet");
const massCancelUserOrdersByIdParams: OrderMassCancelByIdQuery = {
  orderIds: ["4f6c21a4-3c4f-4f2e-8f6d-5b4c7a9d2e1f", "a8f5e2b4-4c9a-4e3a-8f6d-5b4c7a9d2e1f"],
};
const massCancelUserOrdersResult = await walletAccount.massCancelUserOrdersById(
  massCancelUserOrdersByIdParams,
);
```

massCancelUserOrdersById result example

```json
{}
```

</details>

* `massCancelUserOrders(query)` — method used to cancel user orders by instrument.

<details>

<summary>massCancelUserOrders(query) method usage example</summary>

```typescript
import { WebSocket } from "ws";
import { Environment, Container, type OrderMassCancelQuery } from "@evedex/exchange-bot-sdk";

const config = {
  environment: Environment.DEV,
  centrifugeWebSocket: WebSocket,
  wallets: {
    myWallet: {
      privateKey: "your-private-key",
    },
  },
  apiKeys: {
    mainApiKey: {
      apiKey: "your-api-key",
    },
  },
};

const devContainer = new Container(config);
const walletAccount = devContainer.account("myWallet");
const massCancelUserOrdersParams: OrderMassCancelQuery = {
  instrument: "BTCUSDT",
};
const massCancelUserOrdersResult = await walletAccount.massCancelUserOrders(
  massCancelUserOrdersParams,
);
```

massCancelUserOrders result example

```json
{}
```

</details>

* `createTpSl(tpsl)` — method used to create Take Profit/Stop Loss orders.

<details>

<summary>createTpSl(tpsl) method usage example</summary>

```typescript
import { WebSocket } from "ws";
import {
  Environment,
  Container,
  type TpSlCreatePayload,
  Side,
  TpSlType,
} from "@evedex/exchange-bot-sdk";

const config = {
  environment: Environment.DEV,
  centrifugeWebSocket: WebSocket,
  wallets: {
    myWallet: {
      privateKey: "your-private-key",
    },
  },
  apiKeys: {
    mainApiKey: {
      apiKey: "your-api-key",
    },
  },
};

const devContainer = new Container(config);
const walletAccount = devContainer.account("myWallet");
const tpslPayload: TpSlCreatePayload = {
  type: TpSlType.TakeProfit,
  side: Side.Buy,
  quantity: 0.01,
  price: 120000,
  order: "4f6c21a4-3c4f-4f2e-8f6d-5b4c7a9d2e1f",
  instrument: "BTCUSDT",
};
const createTpSlResult = await walletAccount.createTpSl(tpslPayload);
```

createTpSl result example

```json
{
  "id": "a8f5e2b4-4c9a-4e3a-8f6d-5b4c7a9d2e1f",
  "instrument": "BTCUSD",
  "type": "take-profit",
  "side": "BUY",
  "quantity": "0.01",
  "price": "120000",
  "status": "waitOrder",
  "triggerOrder": null,
  "triggeredQuantity": "0",
  "cancelledReason": "",
  "createdAt": "2023-02-20T14:30:00.000Z",
  "updatedAt": "2023-02-20T14:30:00.000Z"
}
```

</details>

* `updateTpSl(query)` — method used to update Take Profit/Stop Loss orders.

<details>

<summary>updateTpSl(query) method usage example</summary>

```typescript
import { WebSocket } from "ws";
import {
  Environment,
  Container,
  type TpSlUpdateQuery,
  Side,
  TpSlType,
} from "@evedex/exchange-bot-sdk";

const config = {
  environment: Environment.DEV,
  centrifugeWebSocket: WebSocket,
  wallets: {
    myWallet: {
      privateKey: "your-private-key",
    },
  },
  apiKeys: {
    mainApiKey: {
      apiKey: "your-api-key",
    },
  },
};

const devContainer = new Container(config);
const walletAccount = devContainer.account("myWallet");
const tpslUpdatePayload: TpSlUpdateQuery = {
  type: TpSlType.TakeProfit,
  side: Side.Buy,
  quantity: 0.01,
  price: 121000,
  order: "4f6c21a4-3c4f-4f2e-8f6d-5b4c7a9d2e1f",
  instrument: "BTCUSDT",
  id: "a8f5e2b4-4c9a-4e3a-8f6d-5b4c7a9d2e1f",
};
const updateTpSlResult = await walletAccount.updateTpSl(tpslUpdatePayload);
```

updateTpSl result example

```json
{
  "id": "a8f5e2b4-4c9a-4e3a-8f6d-5b4c7a9d2e1f",
  "instrument": "BTCUSD",
  "type": "take-profit",
  "side": "BUY",
  "quantity": "0.01",
  "price": "121000",
  "status": "waitOrder",
  "triggerOrder": null,
  "triggeredQuantity": "0",
  "cancelledReason": "",
  "createdAt": "2023-02-20T14:30:00.000Z",
  "updatedAt": "2023-02-20T14:30:00.000Z"
}
```

</details>

* `cancelTpSl(query)` — method used to cancel Take Profit/Stop Loss orders.

<details>

<summary>cancelTpSl(query) method usage example</summary>

```typescript
import { WebSocket } from "ws";
import { Environment, Container, type TpSlCancelQuery } from "@evedex/exchange-bot-sdk";

const config = {
  environment: Environment.DEV,
  centrifugeWebSocket: WebSocket,
  wallets: {
    myWallet: {
      privateKey: "your-private-key",
    },
  },
  apiKeys: {
    mainApiKey: {
      apiKey: "your-api-key",
    },
  },
};

const devContainer = new Container(config);
const walletAccount = devContainer.account("myWallet");
const tpslCancelPayload: TpSlCancelQuery = {
  instrument: "BTCUSDT",
  id: "a8f5e2b4-4c9a-4e3a-8f6d-5b4c7a9d2e1f",
};
const cancelTpSlResult = await walletAccount.cancelTpSl(tpslCancelPayload);
```

cancelTpSl result example

```json
{
  "id": "a8f5e2b4-4c9a-4e3a-8f6d-5b4c7a9d2e1f",
  "instrument": "BTCUSD",
  "type": "take-profit",
  "side": "BUY",
  "quantity": "0.01",
  "price": "121000",
  "status": "cancelled",
  "triggerOrder": null,
  "triggeredQuantity": "0",
  "cancelledReason": "",
  "createdAt": "2023-02-20T14:30:00.000Z",
  "updatedAt": "2023-02-20T14:30:00.000Z"
}
```

</details>

### Balance

This class used to get realtime available balance and power data and handle exchange events.

* `constructor(options: BalanceOptions)` — method used to create a `Balance` instance.

<details>

<summary>Init Balance usage example</summary>

```typescript
import { WebSocket } from "ws";
import { Environment, Container } from "@evedex/exchange-bot-sdk";

const config = {
  environment: Environment.DEV,
  centrifugeWebSocket: WebSocket,
  wallets: {
    myWallet: {
      privateKey: "your-private-key",
    },
  },
  apiKeys: {
    mainApiKey: {
      apiKey: "your-api-key",
    },
  },
};

// using wallet account

const devContainer = new Container(config);

const walletAccount = await devContainer.account("myWallet");

const balance = walletAccount.getBalance();

// or using api key account

const apiKeyAccount = await devContainer.apiKeyAccount("mainApiKey");

const balanceFromApiKeyAccount = apiKeyAccount.getBalance();
```

</details>

* `listen()` - method used to subscribe to the exchange events and fill balance state. Returns Balance class instance

<details>

<summary>listen() usage example</summary>

```typescript
import { WebSocket } from "ws";
import { Environment, Container } from "@evedex/exchange-bot-sdk";

const config = {
  environment: Environment.DEV,
  centrifugeWebSocket: WebSocket,
  wallets: {
    myWallet: {
      privateKey: "your-private-key",
    },
  },
  apiKeys: {
    mainApiKey: {
      apiKey: "your-api-key",
    },
  },
};

const devContainer = new Container(config);

const walletAccount = await devContainer.account("myWallet");

const balance = walletAccount.getBalance();

await balance.listen();
```

</details>

* `unListen()` - method used to unsubscribe to the exchange events and reset balance state. Returns Balance class instance

<details>

<summary>unListen() usage example</summary>

```typescript
import { WebSocket } from "ws";
import { Environment, Container } from "@evedex/exchange-bot-sdk";

const config = {
  environment: Environment.DEV,
  centrifugeWebSocket: WebSocket,
  wallets: {
    myWallet: {
      privateKey: "your-private-key",
    },
  },
  apiKeys: {
    mainApiKey: {
      apiKey: "your-api-key",
    },
  },
};

const devContainer = new Container(config);

const walletAccount = await devContainer.account("myWallet");

const balance = walletAccount.getBalance();

await balance.listen();

await balance.unListen();
```

</details>

* `getFundingQuantity(currency)` — method used to get current funding of the Balance.

<details>

<summary>getFundingQuantity() usage example</summary>

```typescript
import { WebSocket } from "ws";
import { Environment, Container, CollateralCurrency } from "@evedex/exchange-bot-sdk";

const config = {
  environment: Environment.DEV,
  centrifugeWebSocket: WebSocket,
  wallets: {
    myWallet: {
      privateKey: "your-private-key",
    },
  },
  apiKeys: {
    mainApiKey: {
      apiKey: "your-api-key",
    },
  },
};

const devContainer = new Container(config);

const walletAccount = await devContainer.account("myWallet");

const balance = walletAccount.getBalance();

await balance.listen();

const funding = balance.getFundingQuantity(CollateralCurrency.USDT); // Example: returns "1000"
```

</details>

* `getWithdrawTransferPendingQuantity()` — method that returns sum of pending withdraw transfers.

<details>

<summary>getWithdrawTransferPendingQuantity() usage example</summary>

```typescript
import { WebSocket } from "ws";
import { Environment, Container, CollateralCurrency } from "@evedex/exchange-bot-sdk";

const config = {
  environment: Environment.DEV,
  centrifugeWebSocket: WebSocket,
  wallets: {
    myWallet: {
      privateKey: "your-private-key",
    },
  },
  apiKeys: {
    mainApiKey: {
      apiKey: "your-api-key",
    },
  },
};

const devContainer = new Container(config);

const walletAccount = await devContainer.account("myWallet");

const balance = walletAccount.getBalance();

await balance.listen();

const withdrawPendingTrasferAmount = balance.getWithdrawTransferPendingQuantity(
  CollateralCurrency.USDT,
); // Example: returns Big instance
```

</details>

* `getPositionList()` — method that returns all positions of the Balance.

<details>

<summary>getPositionList() usage example</summary>

```typescript
import { WebSocket } from "ws";
import { Environment, Container, CollateralCurrency } from "@evedex/exchange-bot-sdk";

const config = {
  environment: Environment.DEV,
  centrifugeWebSocket: WebSocket,
  wallets: {
    myWallet: {
      privateKey: "your-private-key",
    },
  },
  apiKeys: {
    mainApiKey: {
      apiKey: "your-api-key",
    },
  },
};

const devContainer = new Container(config);

const walletAccount = await devContainer.account("myWallet");

const balance = walletAccount.getBalance();

await balance.listen();

const positions = balance.getPositionList();
```

getPositionList result example

```json
[
  {
    "id": "1-BTCUSDT",
    "user": "johnDoe",
    "instrument": "BTCUSDT",
    "side": "BUY",
    "quantity": 0.1,
    "avgPrice": 50000,
    "fundingRate": 0.01,
    "leverage": 5,
    "maintenanceMargin": 100,
    "createdAt": "2022-01-01T12:00:00.000Z",
    "updatedAt": "2022-01-01T12:00:00.000Z"
  }
]
```

</details>

* `getPosition(instrument)` — method that returns user position by instrument.

<details>

<summary>getPosition(instrument) usage example</summary>

```typescript
import { WebSocket } from "ws";
import { Environment, Container } from "@evedex/exchange-bot-sdk";

const config = {
  environment: Environment.DEV,
  centrifugeWebSocket: WebSocket,
  wallets: {
    myWallet: {
      privateKey: "your-private-key",
    },
  },
  apiKeys: {
    mainApiKey: {
      apiKey: "your-api-key",
    },
  },
};

const devContainer = new Container(config);

const walletAccount = await devContainer.account("myWallet");

const balance = walletAccount.getBalance();

await balance.listen();

const position = balance.getPosition("BTCUSDT");
```

getPosition result example

```json
{
  "id": "1-BTCUSDT",
  "user": "johnDoe",
  "instrument": "BTCUSDT",
  "side": "BUY",
  "quantity": 0.1,
  "avgPrice": 50000,
  "fundingRate": 0.01,
  "leverage": 5,
  "maintenanceMargin": 100,
  "createdAt": "2022-01-01T12:00:00.000Z",
  "updatedAt": "2022-01-01T12:00:00.000Z"
}
```

</details>

* `getOrderList()` — method that returns the list of existing orders.

<details>

<summary>getOrderList() usage example</summary>

```typescript
import { WebSocket } from "ws";
import { Environment, Container } from "@evedex/exchange-bot-sdk";

const config = {
  environment: Environment.DEV,
  centrifugeWebSocket: WebSocket,
  wallets: {
    myWallet: {
      privateKey: "your-private-key",
    },
  },
  apiKeys: {
    mainApiKey: {
      apiKey: "your-api-key",
    },
  },
};

const devContainer = new Container(config);

const walletAccount = await devContainer.account("myWallet");

const balance = walletAccount.getBalance();

await balance.listen();

const orderList = balance.getOrderList();
```

getOrderList() result example

```json
[
  {
    "id": "9fcbf9d3-4a3d-4a6b-8a6f-5f4c9d3a1b2c",
    "user": "1",
    "instrument": "BTCUSDT",
    "side": "BUY",
    "type": "LIMIT",
    "status": "NEW",
    "quantity": 0.1,
    "limitPrice": 50000,
    "unFilledQuantity": 0.1,
    "fee": [
      {
        "coin": "USDT",
        "quantity": 10.0
      }
    ],
    "updatedAt": "2022-01-01T12:00:00.000Z",
    "cashQuantity": 0
  }
]
```

</details>

* `getTpSlList()` — method that returns existing Take Profit/Stop Loss orders.

<details>

<summary>getTpSlList() usage example</summary>

```typescript
import { WebSocket } from "ws";
import { Environment, Container } from "@evedex/exchange-bot-sdk";

const config = {
  environment: Environment.DEV,
  centrifugeWebSocket: WebSocket,
  wallets: {
    myWallet: {
      privateKey: "your-private-key",
    },
  },
  apiKeys: {
    mainApiKey: {
      apiKey: "your-api-key",
    },
  },
};

const devContainer = new Container(config);

const walletAccount = await devContainer.account("myWallet");

const balance = walletAccount.getBalance();

await balance.listen();

const tpSlList = balance.getTpSlList();
```

getTpSlList() result example

```json
[
  {
    "id": "f47ac10b-58cc-4752-9f6a-8e3f9e7a6c11",
    "instrument": "BTCUSDT",
    "type": "take-profit",
    "side": "BUY",
    "quantity": "0.1",
    "price": "50000.00",
    "status": "active",
    "triggerOrder": "9b1deb4d-3b7d-4bad-9bdd-2b0d7b9d4c22",
    "triggeredQuantity": "0.05",
    "cancelledReason": "",
    "createdAt": "2022-01-01T12:00:00.000Z",
    "updatedAt": "2022-01-15T14:30:00.000Z"
  }
]
```

</details>

* `getAvailableBalance()` — method that returns available balance of the account, existing positions and open orders.

<details>

<summary>getAvailableBalance() usage example</summary>

```typescript
import { WebSocket } from "ws";
import { Environment, Container } from "@evedex/exchange-bot-sdk";

const config = {
  environment: Environment.DEV,
  centrifugeWebSocket: WebSocket,
  wallets: {
    myWallet: {
      privateKey: "your-private-key",
    },
  },
  apiKeys: {
    mainApiKey: {
      apiKey: "your-api-key",
    },
  },
};

const devContainer = new Container(config);

const walletAccount = await devContainer.account("myWallet");

const balance = walletAccount.getBalance();

await balance.listen();

const availableBalance = balance.getAvailableBalance();
```

getAvailableBalance() result example

```json
{
  "funding": {
    "currency": "USDT",
    "balance": "10000.00"
  },
  "positions": [
    {
      "instrument": "BTCUSDT",
      "side": "buy",
      "volume": "0.1",
      "initialMargin": "500.00"
    },
    {
      "instrument": "ETHUSDT",
      "side": "sell",
      "volume": "1.0",
      "initialMargin": "1000.00"
    }
  ],
  "openOrders": [
    {
      "instrument": "BTCUSDT",
      "side": "buy",
      "unFilledVolume": "0.05",
      "unFilledInitialMargin": "250.00"
    },
    {
      "instrument": "ETHUSDT",
      "side": "sell",
      "unFilledVolume": "0.5",
      "unFilledInitialMargin": "500.00"
    }
  ],
  "availableBalance": "5000.00"
}
```

</details>

* `getPower(instrument)` — method that returns current buying and selling power (the maximum available order value).

<details>

<summary>getPower(instrument) usage example</summary>

```typescript
import { WebSocket } from "ws";
import { Environment, Container } from "@evedex/exchange-bot-sdk";

const config = {
  environment: Environment.DEV,
  centrifugeWebSocket: WebSocket,
  wallets: {
    myWallet: {
      privateKey: "your-private-key",
    },
  },
  apiKeys: {
    mainApiKey: {
      apiKey: "your-api-key",
    },
  },
};

const devContainer = new Container(config);

const walletAccount = await devContainer.account("myWallet");

const balance = walletAccount.getBalance();

await balance.listen();

const power = balance.getPower("BTCUSDT");
```

getPower(instrument) result example

```json
{
  "buy": 1000,
  "sell": 1500
}
```

</details>

Signals:

Balance class instance can handle realtime events from exchange recieved by websocket using signals.

* `onAccountUpdate()` — signal of updating user data

<details>

<summary>onAccountUpdate() usage example</summary>

```typescript
import { WebSocket } from "ws";
import { Environment, Container } from "@evedex/exchange-bot-sdk";

const config = {
  environment: Environment.DEV,
  centrifugeWebSocket: WebSocket,
  wallets: {
    myWallet: {
      privateKey: "your-private-key",
    },
  },
  apiKeys: {
    mainApiKey: {
      apiKey: "your-api-key",
    },
  },
};

const devContainer = new Container(config);

const walletAccount = await devContainer.account("myWallet");

const balance = walletAccount.getBalance();

await balance.listen();

balance.onAccountUpdate((accountState) => console.log(accountState));
```

onAccountUpdate() event payload example

```json
{
  "id": "8f0f1f6e-4a6d-4f6a-8e6f-0f6a4f6a8ev",
  "authId": "b6b3a4c6-5a6d-43e6-b6b3-a4c65a6d43e6",
  "exchangeId": 1,
  "name": "John Doe",
  "email": "john.doe@example.com",
  "wallet": "0x1234567890abcdef",
  "social": [
    {
      "type": "twitter",
      "value": "@johndoe"
    },
    {
      "type": "github",
      "value": "johndoe"
    }
  ],
  "avatar": "https://example.com/avatar.jpg",
  "level": 2,
  "locale": "en-US",
  "dateTimeFormat": "MM/DD/YYYY",
  "favoriteInstruments": ["BTCUSDT"],
  "marginCall": false,
  "createdAt": "2022-01-01T12:00:00.000Z",
  "updatedAt": "2022-01-15T14:30:00.000Z"
}
```

</details>

* `onFundingUpdate()` — signal of updating user data

<details>

<summary>onFundingUpdate() usage example</summary>

```typescript
import { WebSocket } from "ws";
import { Environment, Container } from "@evedex/exchange-bot-sdk";

const config = {
  environment: Environment.DEV,
  centrifugeWebSocket: WebSocket,
  wallets: {
    myWallet: {
      privateKey: "your-private-key",
    },
  },
  apiKeys: {
    mainApiKey: {
      apiKey: "your-api-key",
    },
  },
};

const devContainer = new Container(config);

const walletAccount = await devContainer.account("myWallet");

const balance = walletAccount.getBalance();

await balance.listen();

balance.onFundingUpdate((fundingState) => console.log(fundingState));
```

onFundingUpdate() event payload example

```json
{
  "coin": "BTC",
  "quantity": 0.5,
  "updatedAt": "2022-01-01T12:00:00.000Z"
}
```

</details>

* `onTransferUpdate()` — signal of updating user transfers data

<details>

<summary>onTransferUpdate() usage example</summary>

```typescript
import { WebSocket } from "ws";
import { Environment, Container } from "@evedex/exchange-bot-sdk";

const config = {
  environment: Environment.DEV,
  centrifugeWebSocket: WebSocket,
  wallets: {
    myWallet: {
      privateKey: "your-private-key",
    },
  },
  apiKeys: {
    mainApiKey: {
      apiKey: "your-api-key",
    },
  },
};

const devContainer = new Container(config);

const walletAccount = await devContainer.account("myWallet");

const balance = walletAccount.getBalance();

await balance.listen();

balance.onTransferUpdate((transferState) => console.log(transferState));
```

onTransferUpdate() event payload example

```json
{
  "id": "8b6e9f4c-4a3d-4f6b-8a6f-5f4c9d3a1b2c",
  "user": "1",
  "type": "withdraw",
  "coin": "BTC",
  "amount": 0.5,
  "fee": 0.001,
  "status": "pending",
  "createdAt": "2022-01-01T12:00:00.000Z",
  "updatedAt": "2022-01-01T12:00:00.000Z"
}
```

</details>

* `onPositionUpdate()` — signal of updating user positions data

<details>

<summary>onPositionUpdate() usage example</summary>

```typescript
import { WebSocket } from "ws";
import { Environment, Container } from "@evedex/exchange-bot-sdk";

const config = {
  environment: Environment.DEV,
  centrifugeWebSocket: WebSocket,
  wallets: {
    myWallet: {
      privateKey: "your-private-key",
    },
  },
  apiKeys: {
    mainApiKey: {
      apiKey: "your-api-key",
    },
  },
};

const devContainer = new Container(config);

const walletAccount = await devContainer.account("myWallet");

const balance = walletAccount.getBalance();

await balance.listen();

balance.onPositionUpdate((positionState) => console.log(positionState));
```

onPositionUpdate() event payload example

```json
{
  "id": "1-BTCUSDT",
  "user": "1",
  "instrument": "BTCUSDT",
  "side": "buy",
  "quantity": 0.1,
  "avgPrice": 50000.0,
  "fundingRate": 0.01,
  "leverage": 10,
  "maintenanceMargin": 0.05,
  "createdAt": "2022-01-01T12:00:00.000Z",
  "updatedAt": "2022-01-15T14:30:00.000Z",
  "unRealizedPnL": 1000.0,
  "adlLevel": 2
}
```

</details>

* `onOrderUpdate()` — signal of updating user orders data

<details>

<summary>onOrderUpdate() usage example</summary>

```typescript
import { WebSocket } from "ws";
import { Environment, Container } from "@evedex/exchange-bot-sdk";

const config = {
  environment: Environment.DEV,
  centrifugeWebSocket: WebSocket,
  wallets: {
    myWallet: {
      privateKey: "your-private-key",
    },
  },
  apiKeys: {
    mainApiKey: {
      apiKey: "your-api-key",
    },
  },
};

const devContainer = new Container(config);

const walletAccount = await devContainer.account("myWallet");

const balance = walletAccount.getBalance();

await balance.listen();

balance.onOrderUpdate((orderState) => console.log(orderState));
```

onOrderUpdate() event payload example

```json
{
  "id": "9fcbf9d3-4a3d-4a6b-8a6f-5f4c9d3a1b2c",
  "user": "1",
  "instrument": "BTCUSDT",
  "side": "BUY",
  "type": "LIMIT",
  "status": "NEW",
  "quantity": 0.1,
  "limitPrice": 50000,
  "unFilledQuantity": 0.1,
  "fee": [
    {
      "coin": "USDT",
      "quantity": 10.0
    }
  ],
  "updatedAt": "2022-01-01T12:00:00.000Z",
  "cashQuantity": 0
}
```

</details>

* `onTpSlUpdate()` — signal of updating user tpsl data

<details>

<summary>onTpSlUpdate() usage example</summary>

```typescript
import { WebSocket } from "ws";
import { Environment, Container } from "@evedex/exchange-bot-sdk";

const config = {
  environment: Environment.DEV,
  centrifugeWebSocket: WebSocket,
  wallets: {
    myWallet: {
      privateKey: "your-private-key",
    },
  },
  apiKeys: {
    mainApiKey: {
      apiKey: "your-api-key",
    },
  },
};

const devContainer = new Container(config);

const walletAccount = await devContainer.account("myWallet");

const balance = walletAccount.getBalance();

await balance.listen();

balance.onTpSlUpdate((tpslState) => console.log(tpslState));
```

onTpSlUpdate() event payload example

```json
{
  "id": "f47ac10b-58cc-4752-9f6a-8e3f9e7a6c11",
  "instrument": "BTCUSDT",
  "type": "take-profit",
  "side": "BUY",
  "quantity": "0.1",
  "price": "50000.00",
  "status": "active",
  "triggerOrder": "9b1deb4d-3b7d-4bad-9bdd-2b0d7b9d4c22",
  "triggeredQuantity": "0.05",
  "cancelledReason": "",
  "createdAt": "2022-01-01T12:00:00.000Z",
  "updatedAt": "2022-01-15T14:30:00.000Z"
}
```

</details>

* `onMarkPriceUpdate()` — signal of updating user mark price data

<details>

<summary>onMarkPriceUpdate() usage example</summary>

```typescript
import { WebSocket } from "ws";
import { Environment, Container } from "@evedex/exchange-bot-sdk";

const config = {
  environment: Environment.DEV,
  centrifugeWebSocket: WebSocket,
  wallets: {
    myWallet: {
      privateKey: "your-private-key",
    },
  },
  apiKeys: {
    mainApiKey: {
      apiKey: "your-api-key",
    },
  },
};

const devContainer = new Container(config);

const walletAccount = await devContainer.account("myWallet");

const balance = walletAccount.getBalance();

await balance.listen();

balance.onMarkPriceUpdate((markPriceState) => console.log(markPriceState));
```

onMarkPriceUpdate() event payload example

```json
{
  "markPrice": 50000,
  "updatedAt": "2022-01-01T12:00:00.000Z",
  "name": "BTCUSDT"
}
```

</details>


# Futures Trading

## Step 1: Opening a Position

**Action**: The user opens a perpetual futures position by providing collateral in USDT and selecting leverage. The platform calculates required margin and maximum position size.

**Formula**:

* $$Maximum Position Size = Collateral × Leverage$$
* $$Required Margin = Position SizeLeverage$$
* $$Initial Margin Ratio = 1Leverage$$

**Example**:

* Collateral: `1000 USDT`
* Selected leverage: `5x`
* Maximum position size: `1000 × 5 = 5000 USDT`
* Required margin: `5000 ÷ 5 = 1000 USDT`
* Initial margin ratio: `1 ÷ 5 = 20%`

**Outcome**: Position is opened with specified parameters, and the required margin is locked as collateral.

## Step 2: Position Management

**Action**: The user manages their position by monitoring and adjusting risk parameters. The platform continuously calculates position PnL and margin ratios.

**Formula**:

* $$Unrealized PnL = (Current Price - Entry Price) × Position Size × Side$$
  * Side = -1 for shorts, 1 for longs,
* $$Margin Ratio = (Collateral + Unrealized PnL)Position Size$$
* $$Liquidation Price = Entry Price × (1 ± Maintenance Margin Ratio × Leverage)$$
  * \+ for shorts, - for longs

**Example**:

* Entry price: `2000 USDT`
* Position size: `5000 USDT (2.5 units)`
* Current price: `2100 USDT`
* Long position PnL: `(2100 - 2000) × 2,5 = 250 USDT`
* New margin ratio: `(1000 + 250) ÷ 5000 = 25%`

**Outcome**: Position status updated in real-time with current PnL and risk metrics.

## Step 3: Fee Calculation

**Action**: The platform calculates and charges trading fees based on position size and holder status.

**Formula**:

* $$Standard Fee = Position Size × Base Fee Rate$$
* $$Discounted Fee = Position Size × Base Fee Rate × (1 - Discount Rate)$$

**Example**:

* Position size: `5000 USD`
* Base fee rate: `0,1%`
* Standard fee: `5000 × 0,001 = 5 USDT`
* Additional discounts: `20%`
* Discounted fee: `5 × (1 - 0,2) = 4 USDT`

**Outcome**: Fees are automatically deducted from the user's account.

## Step 4: Position Closure

**Action**: The user closes their position either manually or through automated triggers (take-profit/stop-loss).

**Formula**:

* $$Realized PnL = (Exit Price - Entry Price) × Position Size × Side - Total Fees$$
* $$ROE (Return on Equity) = Realized PnLInitial Margin × 100%$$

**Example**:

* Entry price: `2000 USDT`
* Exit price: `2100 USDT`
* Position size: `5000 USDT`
* Total fees: `8 USDT (entry + exit)`
* Realized PnL: `(2100 - 2000) × 2,5 - 8 = 242 USDT`
* ROE: `242 ÷ 1000 × 100% = 24,2%`

**Outcome**: Position is closed, PnL is realized, and funds are returned to the user's available balance.

## Step 5: Position Liquidation

**Action**: The platform automatically liquidates a user's position if the margin ratio falls below the maintenance margin requirement to prevent insolvency.

**Formula**:

* Liquidation Price (for longs):$$\text{Liquidation Price} = \text{Entry Price} \times \left(1 - \frac{\text{Initial Margin Ratio} - \text{Maintenance Margin Ratio}}{\text{Leverage}}\right)$$
* Liquidation Price (for shorts):\
  $$\text{Liquidation Price} = \text{Entry Price} \times \left(1 + \frac{\text{Initial Margin Ratio} - \text{Maintenance Margin Ratio}}{\text{Leverage}}\right)$$

**Example**:

* Entry Price: `2000 USDT`
* **Position Size**: `5000 USDT (2.5 units)`
* **Leverage**: `5x`
* **Maintenance Margin Ratio**: `2%`
* Liquidation price for a **long** position:\
  $$2000 \times \left(1 - \frac{0.20 - 0.02}{5}\right) = 2000 \times 0.96 = 1920 , \text{USDT}$$
* Liquidation price for a **short** position:\
  $$2000 \times \left(1 + \frac{0.20 - 0.02}{5}\right) = 2000 \times 1.04 = 2080 , \text{USDT}$$

**Outcome**: If the market price reaches the liquidation price, the platform closes the position at the current market price.


# European Union (EU)

The legal documents governing your use of EVEDEX services are determined by your location, as identified via your IP address in compliance with relevant data protection regulations. The following documents apply specifically to users accessing our platform from within the European Union. For details on how we handle your personal information, please review our [Privacy Policy](/legal/european-union-eu/privacy-policy-european-union).

{% content-ref url="/pages/TDHtUSMJqbJTcPquHm4j" %}
[General Terms of Use](/legal/european-union-eu/terms-of-use-european-union)
{% endcontent-ref %}

{% content-ref url="/pages/pUZTYteEdBstw9BumkVP" %}
[Terms of Use: Interface](/legal/european-union-eu/terms-of-use-interface)
{% endcontent-ref %}

{% content-ref url="/pages/xWtuRetj26eSYjn6JNA6" %}
[Privacy Policy](/legal/european-union-eu/privacy-policy-european-union)
{% endcontent-ref %}

{% content-ref url="/pages/56HkVArfMIXbEAG4r46o" %}
[Cookie Policy - European Union](/legal/european-union-eu/cookie-policy-european-union)
{% endcontent-ref %}

{% content-ref url="/pages/CY2x6uGGeWJ1HqR2WigZ" %}
[Affiliate Agreement](/legal/european-union-eu/affiliate-agreement)
{% endcontent-ref %}


# General Terms of Use

{% hint style="info" %}
Last modified: 19 June 2025
{% endhint %}

WE ARE NOT REGISTERED WITH THE U.S. SECURITIES AND EXCHANGE COMMISSION OR COMMODITY FUTURES EXCHANGE COMMISSION IN ANY CAPACITY. THE SERVICES WERE NOT DEVELOPED FOR, AND ARE NOT AVAILABLE TO PERSONS OR ENTITIES WHO RESIDE IN, ARE LOCATED IN, ARE INCORPORATED IN, OR HAVE A REGISTERED OFFICE OR PRINCIPAL PLACE OF BUSINESS IN THE UNITED STATES OF AMERICA

YOU UNDERSTAND AND ACKNOWLEDGE THAT WE DO NOT BROKER TRADING ORDERS ON YOUR BEHALF. WE ALSO DO NOT FACILITATE THE EXECUTION OR SETTLEMENT OF YOUR TRADES, WHICH OCCUR ENTIRELY ON PUBLIC DISTRIBUTED BLOCKCHAINS.

#### 1. General

1.1. These general terms of use, together with any documents and additional terms they expressly incorporate by reference, which includes any other terms and conditions or other agreement that EVEDEX (“**Evedex**”, “**we**,” “**us**” and “**our**”) posts publicly or makes available to you or the company or other legal entity you represent (“**you**” or “**your**”) (collectively, the “**Terms**”), are entered into between Evedex and you concerning your use of, and access to:

1.1.1. Evedex websites, including evedex.com (and their respective subdomains), mobile applications (collectively, the “**Site**”);

1.1.2. all services available via the Site, including the Interface; and

1.1.3. affiliate program.

(collectively the “**Services**”).

1.2. Please note that the Services may be provided by different entities depending on the Service and/or your location.

1.3. Please read these Terms carefully, as these Terms govern your use of the Services. These Terms expressly cover your rights and obligations, and our disclaimers and limitations of legal liability, relating to your use of, and access to, the Services. By clicking “I agree” (or a similar language) to these Terms, acknowledging these Terms by other means, or otherwise accessing or using the Services, you accept and agree to be bound by and to comply with these Terms. If you do not agree to these Terms, then you must not access or use the Services.

#### 2. Eligibility

2.1. To access or use any of our Services, you must be able to form a legally binding contract with us. Accordingly, you represent that you are at least the age of majority in your jurisdiction (e.g., 18 years old) and have the full right, power, and authority to enter into and comply with the Terms on behalf of yourself and any legal entity for which you may access or use the Services. If you are entering into the Terms on behalf of an entity, you represent to us that you have the legal authority to bind such entity.

2.2. You further represent that: (a) you are not a resident of the U.S., (b) the subject of economic or trade sanctions administered or enforced by any governmental authority or otherwise designated on any list of prohibited or restricted parties, or (c) a citizen, resident, or organized in a jurisdiction or territory that is the subject of comprehensive country-wide, territory-wide, or regional economic sanctions.

2.3. We make no representations or warranties that the information, products, or services provided through our Services, are appropriate for access or use in other jurisdictions. You are not permitted to access or use our Services in any jurisdiction or country if it would be contrary to the law or regulation of that jurisdiction or if it would subject us to the laws of, or any registration or licensing requirement with, such jurisdiction. We reserve the right to limit the availability of our Services to any person, geographic area, or jurisdiction, at any time and at our sole and absolute discretion.

2.4. Finally, you represent that your access and use of any of our services will fully comply with all applicable laws and regulations, and that you will not access or use any of our services to conduct, promote, or otherwise facilitate any illegal activity.

#### 3. Our Services

3.1. **The Interface**: the Interface is provided in accordance with the “Terms of Use: Interface”, which are deemed included to these Terms by reference.

3.2. **Affiliate program:** the affiliate program is provided under our Affiliate Agreement, which is deemed included to these Terms by reference.

3.3. **Third Party Services and Content.** Our services may include integrations, links or other access to third party services, sites, technology, content and resources (each a “**Third-Party Service**”). Your access and use of the Third-Party Services may also be subject to additional terms and conditions, privacy policies, or other agreements with such third party. You, and not Evedex, will be responsible for any and all costs and charges associated with your use of any Third-Party Services. Evedex enables these Third-Party Services merely as a convenience and the integration or inclusion of such Third-Party Services does not imply an endorsement or recommendation. Any dealings you have with third parties while using our services are between you and the third party. Evedex will not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any Third-Party Services.

3.4. Some Third-Party Services will provide us with access to certain information that you have provided to third parties, including through such Third-Party Services, and we will use, store and disclose such information in accordance with our Privacy Policy. For more information about the implications of activating Third-Party Services and our use, storage and disclosure of information related to you and your use of such Third-Party Services within our services, please see our Privacy Policy. Evedex has no control over and is not responsible for such Third-Party Services, including for the accuracy, availability, reliability, or completeness of information shared by or available through Third-Party Services, or on the privacy practices of Third-Party Services. We encourage you to review the privacy policies of the third parties providing Third-Party Services prior to using such services.

#### 4. Your Responsibilities

4.1. By using or accessing the Site and the Services, you represent and warrant that

4.1.1. you understand that there are inherent risks associated with virtual currency, and the underlying technologies including, without limitation, cryptography and blockchain, and you agree that Evedex is not responsible for any losses or damages associated with these risks.

4.1.2. you are solely responsible for safeguarding wallet seed phrases and account credentials;

4.1.3. you understand that we do not guarantee profits or prevent manipulative strategies by copy traders, and you are fully responsible for the chosen trading strategy;

4.1.4. you understand that your digital assets could be impacted by one or more regulatory inquiries or regulatory actions, which could impede or limit the ability of the Company to allow you the access to the Services; and

4.1.5. you understand that cryptography is a progressing field with advances in code cracking or other technical advancements, which may present risks to digital assets and the services, and could result in the theft or loss of your digital assets.

4.2. You acknowledge that we are not responsible for any of these variables or risks, do not own or control the protocol, and cannot be held liable for any resulting losses that you experience while accessing or using the Services.

4.3. Accordingly, you understand and agree to assume full responsibility for all of the risks of accessing and using the Services.

4.4. By using the Services, you expressly waive and release the Company from any and all liability, claims, causes of action or damages arising from or in any way relating to your use of the Services, including in respect of any trading losses, liquidation events, or other financial impact; any reliance on market data, token values, or information displayed on the Site or vie the Services, which may be inaccurate or delayed; any regulatory, tax, or legal consequences arising from your use of the Services.

#### 5. Prohibited Activity

5.1. You agree not to engage in, or attempt to engage in, any of the following categories of prohibited activity in relation to the Services:

5.1.1. Activity that infringes on or violates any copyright, trademark, service mark, patent, right of publicity, right of privacy, or other proprietary or intellectual property rights under the law;

5.1.2. Activity that seeks to interfere with or compromise the integrity, security, or proper functioning of any computer, server, network, personal device, or other information technology system, including, but not limited to, the deployment of viruses and denial of service attacks;

5.1.3. Activity that seeks to defraud us or any other person or entity, including, but not limited to, providing any false, inaccurate, or misleading information in order to unlawfully obtain the property of another;

5.1.4. Market Manipulation. Activity that violates any applicable law, rule, or regulation concerning the integrity of trading markets, including, but not limited to, the manipulative tactics commonly known as "rug pulls", pumping and dumping, and wash trading;

5.1.5. Securities and Derivatives Violations. Activity that violates any applicable law, rule, or regulation concerning the trading of securities or derivatives, including, but not limited to, the unregistered offering of securities and the offering of leveraged and margined commodity products to retail customers in the United States;

5.1.6. Sale of Stolen Property. Buying, selling, or transferring of stolen items, fraudulently obtained items, items taken without authorization, and/or any other illegally obtained items, including money laundering activities;

5.1.7. Data Mining or Scraping. Activity that involves data mining, robots, scraping, or similar data gathering or extraction methods of content or information from any of our services;

5.1.8. Unlawful actions. Activity that violates any applicable law, rule, or regulation in any relevant jurisdiction, including, but not limited to, anti-money laundering and anti-terrorist financing laws, regulations related to the restrictions and sanctions;

5.1.9. Breach of the Terms;

5.1.10. Circumvention of any content-filtering techniques, security measures or access control, including through the use of a VPN;

5.1.11. Use of any robot, spider, crawler, scraper or other automated means or interface not provided by us to access the Services, to extract data, or to introduce any malware, virus, Trojan horse, worm, logic bomb, drop-dead device, backdoor, shutdown mechanism or other harmful material into the Site;

5.1.12. Activity that employs bots, scripts, or other automated methods of interaction with the Site or other Services which disrupt the normal functioning of the Site, Protocol or related systems;

5.1.13. Activities aimed at exploitation of vulnerabilities in the trading, leveraging or liquidation mechanisms of the Protocol;

5.1.14. Providing false, inaccurate, or misleading information while using the Site;

5.1.15. Use or access the Site or Services to transmit digital assets that are the direct or indirect proceeds of any criminal or fraudulent activity, including terrorism or tax evasion;

5.1.16. access the Services from a jurisdiction (including an IP address in a jurisdiction) that we have, in our sole discretion, determined is a jurisdiction where the availability of the Services is prohibited, including through the VPN; and

5.1.17. Attempt to engage, or procure third parties to engage, in any of the activities prohibited under this section or any other provision of these Terms.

5.2. If you are engaged in any prohibited activity, we may immediately terminate these Terms with you, restrict your access to the Site and Services and you agree to indemnify and hold harmless the Company and its officers, directors, employees, contractors, agents, affiliates, and subsidiaries from and against any and all claims, damages, losses, liabilities, costs, and expenses, including reasonable legal fees, arising out of or related to such prohibited activity.

#### 6. Non-Custodial; No Fiduciary Duties; No Financial Advice

6.1. We provide a purely non-custodial applications, meaning we do not ever have custody, possession, or control of your digital assets at any time. It further means you are solely responsible for the custody of the cryptographic private keys to the digital asset wallets you hold and you should never share your wallet credentials or seed phrase with anyone. We accept no responsibility for, or liability to you, in connection with your use of a wallet and make no representations or warranties regarding how any of our services will operate with any specific wallet. Likewise, you are solely responsible for any associated wallet and we are not liable for any acts or omissions by you in connection with or as a result of your wallet being compromised.

6.2. These Terms are not intended to, and does not, create or impose any fiduciary duties on us. To the fullest extent permitted by law, you acknowledge and agree that we owe no fiduciary duties or liabilities to you 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. You further agree that the only duties and obligations that we owe you are those set out expressly in these Terms.

6.3. Any information provided on the Site and in the course of the Services is for informational purposes only and should not be construed as professional, technical, operational, investment, financial, legal or other advice.

6.4. Any information available on the Site or through the Services may be incomplete, outdated, or inaccurate. You are solely responsible for verifying the accuracy and relevance of such information before making any decisions or taking any action. Before you make any professional, technical, operational, investment, financial, legal or other decisions, you should seek independent professional advice from the appropriate third-party.

#### 7. Modifications of these Terms or our Services

7.1. **Modifications of these Terms**. We reserve the right, in our sole discretion, to modify these Terms from time to time. If we make any material modifications, we will notify you by updating the date at the top of these Terms and by maintaining a current version of these Terms at <https://www.evedex.com/>. All modifications will be effective when they are posted, and your continued accessing or using any of the services will serve as confirmation of your acceptance of those modifications. If you do not agree with any modifications to these Terms you must immediately stop accessing and using all of our services.

7.2. **Modifications of our Services**. We reserve the following rights, which do not constitute obligations of ours: (a) with or without notice to you, to modify, substitute, eliminate or add to any of the Services; (b) to review, modify, filter, disable, delete and remove any and all content and information from any of the Services.

#### 8. Intellectual Property Rights

8.1. We own all intellectual property and other rights in each of our Services and its respective contents, including, but not limited to, software, databases, text, images, trademarks, service marks, copyrights, patents, designs, and any other intellectual property, unless stated otherwise. Subject to the terms of these Terms, we grant you a limited, revocable, non-exclusive, non-sublicensable, non-transferable license to access and use our Services solely in accordance with these Terms. You agree that you will not use, modify, distribute, tamper with, reverse engineer, disassemble or decompile any of our intellectual property for any purpose other than as expressly permitted under these Terms. Except as set forth under these Terms, we grant you no rights to any of our Services, including any intellectual property rights.

8.2. By using any of our Services, you grant us a worldwide, non-exclusive, sublicensable, royalty-free license to use, copy, modify, and display any content, including but not limited to text, including bug reports, feedback, materials, images, files, communications, comments, feedback, suggestions, ideas, concepts, questions, data, or otherwise, that you post on or through any of our Services for our current and future business purposes, including to provide, promote, and improve the Services. You grant to us a non-exclusive, transferable, worldwide, perpetual, irrevocable, fully-paid, royalty-free license, with the right to sublicense, under any and all intellectual property rights that you own or control to use, copy, modify, create derivative works based upon any suggestions or feedback for any purpose.

8.3. **Third-Party Resources and Promotions**. Our services may contain references or links to third-party resources, including, but not limited to, information, materials, products, or services, that we do not own or control. In addition, third parties may offer promotions related to your access and use of our services. We do not approve, monitor, endorse, warrant or assume any responsibility for any such resources or promotions. If you access any such resources or participate in any such promotions, you do so at your own risk, and you understand that these Terms do not apply to your dealings or relationships with any third parties. You expressly relieve us of any and all liability arising from your use of any such resources or participation in any such promotion.

#### 9. Additional Rights

9.1. We reserve the right to cooperate with any law enforcement, court or government investigation or order or third party requesting or directing that we disclose information or content or information that you provide.

9.2. We may introduce verification process, if this is required by applicable laws and regulations in respective jurisdiction.

9.3. We may use publicly available information, as well as Third-Party Services, to assess the risks associated with illicit or non-compliant activities, phishing, or other potential threats.

#### 10. No Warranties

10.1. Unless states otherwise in the Terms, The Services are provided on an "as is" and "as available" basis. To the fullest extent permitted by law, we disclaim any representations and warranties of any kind, whether express, implied, or statutory, including, but not limited to, the warranties of merchantability and fitness for a particular purpose. You acknowledge and agree that your use of the Services is at your own risk. No advice, information, or statement that we make should be treated as creating any warranty concerning the Services. We do not endorse, guarantee, or assume responsibility for any advertisements, offers, or statements made by third parties concerning the Services.

10.2. We make no warranties or representations, express or implied, about linked third party services, the third parties they are owned and operated by, the information contained on them, assets available through them, or the suitability, privacy, or security of their products or services. You acknowledge sole responsibility for and assume all risk arising from your use of third-party services, third-party websites, applications, or resources. We shall not be liable under any circumstances for damages arising out of or in any way related to software, products, services, and/or information offered or provided by third-parties and accessed through the Site.

#### 11.Limitation of Liability

11.1. Under no circumstances shall we be liable to you for any indirect, punitive, incidental, special, consequential, or exemplary damages, including, but not limited to, damages for loss of profits, goodwill, use, data, or other intangible property, arising out of or relating to any access or use of or inability to access or use the Services, nor will we be responsible for any damage, loss, or injury resulting from hacking, tampering, or other unauthorized access or use of the Services or the information contained within them, whether such damages are based in contract, tort, negligence, strict liability, or otherwise, arising out of or in connection with authorized or unauthorized use of the Services, even if an authorized representative of the Company has been advised of or knew or should have known of the possibility of such damages. We assume no liability or responsibility for any: (a) errors, mistakes, or inaccuracies of content; (b) personal injury or property damage, of any nature whatsoever, resulting from any access or use of the Services; (c) unauthorized access or use of any secure server or database in our control, or the use of any information or data stored therein; (d) interruption or cessation of function of the Services; (e) bugs, viruses, trojan horses, or the like that may be transmitted to or through the Services; (f) errors or omissions in, or loss or damage incurred as a result of the use of, any content made available through the Site or Services; and (g) the defamatory, offensive, or illegal conduct of any third party.

11.2. We have no liability to you or to any third party for any claims or damages that may arise as a result of any payments or transactions that you engage in via the Site or Services.

11.3. If applicable law does not allow the limitation of liability for personal injury, or of incidental or consequential damages, so this limitation may not apply to you. In no event shall our total liability to you for all damages (other than as may be required by applicable law in cases involving personal injury) exceed the amount of two hundred USD dollars ($200.00) or its equivalent in the local currency of the applicable jurisdiction.

11.4. The foregoing disclaimer will not apply to the extent prohibited by law.

#### 12. Indemnification

12.1. You agree to hold harmless, release, defend, and indemnify us, our affiliates, our and our affiliates' respective officers, directors, employees, contractors, agents, service providers, licensors, and representatives (collectively, the "**Indemnified Parties**") from and against all claims, damages, obligations, losses, liabilities, costs, and expenses (including reasonable attorney's fees) arising from or relating to:

12.1.1. your access and use of any of our Services;

12.1.2. your violation of any term or condition of these Terms, the right of any third party, or any other applicable law, rule, or regulation;

12.1.3. any other party's access and use of the Services with your assistance or using any device or account that you own or control;

12.1.4. any dispute between you and any other user of the Services; and

12.1.5. any dispute between you and any of your own customers or users.

12.2. We reserve the right to assume the exclusive defense and control of any matter which is subject to indemnification under this section, and you agree to cooperate with any reasonable requests assisting our defense of such matter. You may not settle or compromise any claim against any Indemnified Party without our written consent.

#### 13. Governing Law

13.1. You agree that the English laws, without regard to principles of conflict of laws, govern these Terms and any dispute between you and us.

#### 14. Dispute Resolution

14.1. We will use our best efforts to resolve any potential disputes through informal, good faith negotiations. If a potential dispute arises, you must contact us by sending an email to <legal@evedex.com> so that we can attempt to resolve it without resorting to formal dispute resolution. If we are not able to reach an informal resolution within sixty (60) days of your email, then you and we both agree to resolve the potential dispute according to the arbitration clause herein.

14.2. Any dispute arising out of or in connection with the Terms, including any question regarding its existence, validity or termination, shall be referred to and finally resolved by arbitration under the LCIA Rules, which Rules are deemed to be incorporated by reference into this clause.

14.3. You understand that you are required to resolve all disputes by binding arbitration. The arbitration shall be held on a confidential basis before a single arbitrator, who shall be selected pursuant to LCIA rules. The arbitration will be held in London, unless you and we both agree to hold it elsewhere.

14.4. Unless we agree otherwise, the arbitrator may not consolidate your claims with those of any other party.

14.5. Any judgment on the award rendered by the arbitrator may be entered in any court of competent jurisdiction. If for any reason a claim by law or equity must proceed in court rather than in arbitration you agree to waive any right to a jury trial and any claim may be brought only in a court of England located in London.

#### 15. Assignment

15.1. You may not assign or transfer agreement between us, by operation of law or otherwise, without our prior written consent. Any attempt by you to assign or transfer the agreement without our prior written consent shall be null and void. We may freely assign or transfer these Terms. Subject to the foregoing, these Terms will bind and inure to the benefit of the parties, their successors and permitted assigns.

#### 16. Notice

16.1. We may provide any notice to you under these Terms using commercially reasonable means, including using public communication channels. Notices we provide by using public communication channels will be effective upon posting.

#### 17. Severability

17.1. If any provision of these Terms shall be determined to be invalid or unenforceable under any rule, law, or regulation of any local, state, or federal government agency, such provision will be changed and interpreted to accomplish the objectives of the provision to the greatest extent possible under any applicable law and the validity or enforceability of any other provision of these Terms shall not be affected.

#### 18. Entire Agreement

18.1. These Terms constitute the entire agreement between you and us with respect to the subject matter hereof. These Terms supersede any and all prior or contemporaneous written and oral agreements, communications and other understandings (if any) relating to the subject matter of the Terms.


# Terms of Use: Interface

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Last modified: 19 June 2025
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**IMPORTANT NOTICE:**

EVEDEX, INCLUDING THE INTERFACE, IS CURRENTLY RUNNING IN BETA TESTING MODE.

THIS MEANS THAT:

1\) GLITCHES, BUGS AND ERRORS MIGHT OCCUR,

2\) THERE MIGHT NOT BE ENOUGH LIQUIDITY FOR LARGER TRADES,

3\) SPREADS MAY FLUCTUATE,

4\) SUDDEN PLATFORM MAINTENANCE OR DOWNTIME MIGHT OCCUR, AS WELL AS OTHER SHORT-TERM ISSUES.

WE ARE ACTIVELY DEVELOPING AND IMPROVING THE PLATFORM, BUT DURING THIS BETA PHASE, USERS SHOULD EXPECT INSTABILITY AND USE THE INTERFACE AT THEIR OWN RISK, INCLUDING THE LOSS OF FUNDS. BY CONTINUING TO USE EVEDEX YOU UNDERSTAND AND ACCEPT THE RISKS OUTLINED ABOVE.

WE ARE NOT REGISTERED WITH THE U.S. SECURITIES AND EXCHANGE COMMISSION OR COMMODITY FUTURES EXCHANGE COMMISSION IN ANY CAPACITY. THE SERVICES WERE NOT DEVELOPED FOR, AND ARE NOT AVAILABLE TO PERSONS OR ENTITIES WHO RESIDE IN, ARE LOCATED IN, ARE INCORPORATED IN, OR HAVE A REGISTERED OFFICE OR PRINCIPAL PLACE OF BUSINESS IN THE UNITED STATES OF AMERICA

YOU UNDERSTAND AND ACKNOWLEDGE THAT WE DO NOT BROKER TRADING ORDERS ON YOUR BEHALF. WE ALSO DO NOT FACILITATE THE EXECUTION OR SETTLEMENT OF YOUR TRADES, WHICH OCCUR ENTIRELY ON PUBLIC DISTRIBUTED BLOCKCHAINS.

#### 1. General

1.1. These Terms of Use: Interface (“**Terms**”) explain the terms and conditions by which you may access and use the web-interface accessible at exchange.evedex.com and the mobile app (the “**Interface**”).

1.2. The Interface is made available by EVEDEX Ltd. (“**Company**”, “**we**”, “**us**” or “**our**”).

1.3. Please read these Terms carefully, as these Terms govern your use of the Interface. By accessing and using the Interface, you accept and agree to be bound by and to comply with these Terms. If you do not agree to these Terms, then you must not access or use the Interface.

#### 2. The Interface

2.1. The Interface provides a web or mobile-based means of access to a decentralized protocol deployed on public blockchain (the "**Protocol**").

2.2. The Interface is distinct from the Protocol and is one, but not the exclusive, means of accessing the Protocol.

2.3. Company does not own, control or operate the Protocol on any blockchain network. By using the Interface, you understand that you are not buying or selling digital assets from us and that we do not operate any liquidity pools or control trade execution. We only provide you with access to the Interface and neither have control over your interactions with the Protocol or blockchain nor encourage you to perform any.

2.4. Any interaction performed by you via the Interface remains your sole responsibility and risk. We expressly disclaim any liability for losses or damages arising from or related to any interaction with, or actions taken through, the Interface.

2.5. We do not impose any fees for using the Interface. But fees may be incurred by the Protocol for respective transactions. You acknowledge and agree that you are solely responsible for paying all such fees, and that the Company is not responsible for that fees.

2.6. To access the Interface, you must use a non-custodial wallet software, which allows you to interact with public blockchains. Your relationship with that non-custodial wallet provider is governed by the applicable terms of service.

2.7. When using the Interface, you may access third party services, sites, technology, content and resources (each a “**Third-Party Service**”). Your access and use of the Third-Party Services may also be subject to additional terms and conditions or other agreements with such third party. You will be responsible for all actions associated with your use of any Third-Party Services. Evedex will not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any Third-Party Services.

2.8. We do not have custody or control over the contents of your wallet and have no ability to retrieve or transfer its contents. By connecting your wallet to our Interface, you agree to be bound by these Terms and all of the terms incorporated herein by reference.

#### 3. Eligibility

3.1. The Interface is provided only to eligible users, who:

3.1.1. are of legal age in their jurisdiction;

3.1.2. have the full right, power, and authority to enter into and comply with the Terms;

3.1.3. do not reside in, located in, incorporated in or have a registered office in the USA;

3.1.4. are not the subject of economic or trade sanctions administered or enforced by any governmental authority or otherwise designated on any list of prohibited or restricted parties

3.1.5. are not a citizen, resident, or organized in a jurisdiction or territory that is the subject of comprehensive country-wide, territory-wide, or regional economic sanctions;

3.1.6. have the right to access and use the Interface under laws and regulations in their jurisdiction, including, but not limited laws relating to crypto and derivative trading.

3.2. By accessing and using the Interface, you expressly represent and warrant that you are an eligible user and will remain so during your use of the Interface.

3.3. We reserve the right to limit the availability of our Interface to any person, geographic area, or jurisdiction, at any time, for any reason and at our sole and absolute discretion.

#### 4. Your Responsibilities

4.1. By accessing and using the Interface, you represent that:

4.1.1. you are financially and technically sophisticated enough to understand the inherent risks associated with using cryptographic and blockchain-based systems, derivative trading and crypto in general and that you have a working knowledge of the usage and intricacies of digital assets;

4.1.2. you understand that the markets for digital assets are nascent and highly volatile due to risk factors including, but not limited to, adoption, speculation, technology, security, and regulation;

4.1.3. all digital assets you use are legally obtained and under your sole control;

4.1.4. you understand that anyone can create a token, including fake versions of existing tokens and tokens that falsely claim to represent projects;

4.1.5. you understand that smart contract transactions automatically execute and settle, and that blockchain-based transactions are irreversible when confirmed, that the cost and speed of transacting with cryptographic and blockchain-based systems are variable and may increase dramatically at any time;

4.1.6. if you act as a liquidity provider to the Protocol, you understand that your digital assets may lose some or all of their value while they are supplied to through the Interface due to the fluctuation of prices of tokens in a trading pair or liquidity pool;

4.1.7. you understand that we do not create, own, or operate cross-chain bridges and we do not make any representation or warranty about the safety or soundness of any cross-chain bridge;

4.1.8. you understand that withdrawals depend on blockchain confirmation, which is beyond our control and you accept delays caused by network conditions;

4.1.9. you understand that each transaction incurs a fee, which may be substantial for micro-trading, that minimum position limits apply, preventing trades below set thresholds;

4.1.10. you are solely responsible for safeguarding wallet seed phrases and account credentials;

4.1.11. you understand that we do not guarantee profits or prevent manipulative strategies by copy traders, and you are fully responsible for the chosen trading strategy;

4.1.12. you understand that your digital assets could be impacted by one or more regulatory inquiries or regulatory actions, which could impede or limit the ability of the Company to allow you the access to the Interface; and

4.1.13. you understand that cryptography is a progressing field with advances in code cracking or other technical advancements, which may present risks to digital assets and the services, and could result in the theft or loss of your digital assets.

4.2. You acknowledge that we are not responsible for any of these variables or risks, do not own or control the Protocol, and cannot be held liable for any resulting losses that you experience while accessing or using the Interface.

4.3. Accordingly, you understand and agree to assume full responsibility for all of the risks of accessing and using the Interface to interact with the Protocol, including, without limitation:

4.3.1. failures or inaccuracies in cross-chain bridges, oracles, or liquidity pools;

4.3.2. code vulnerabilities, including potential hacks or exploits;

4.3.3. significant slippage or other market risks arising from perpetual futures trading;

4.3.4. the risks of trading with leverage, which may lead to immediate and significant losses, including the liquidation of your positions; and

4.3.5. potential regulatory or legal issues affecting blockchain transactions or their enforceability.

4.4. Without limiting the foregoing, you specifically understand and hereby represent your acknowledgement of the following:

4.4.1. the pricing data provided through the Interface does not represent an offer, a solicitation of an offer, or any advice regarding, or recommendation to enter into, a transaction with the Interface;

4.4.2. the Interface does not act as an agent for any of the users;

4.4.3. the Interface does not own or control any of the underlying software through which blockchain networks are formed, and therefore is not responsible for them and their operation;

4.4.4. although it is intended to provide accurate and timely information on the Interface, the Interface may not always be entirely accurate, complete or current and may also include technical inaccuracies or typographical errors. Accordingly, you should verify all information before relying on it, and all decisions based on information contained on the Interface or relevant tools are your sole responsibility.

4.5. By using the Interface, you expressly waive and release the Company from any and all liability, claims, causes of action or damages arising from or in any way relating to your use of the Interface, your interaction with the Protocol through the Interface, including in respect of any trading losses, liquidation events, or other financial impact; any reliance on market data, token values, or information displayed on the Interface, which may be inaccurate or delayed; any regulatory, tax, or legal consequences arising from your use of the Interface.

#### 5. Prohibited Activity

5.1. You agree not to engage in, or attempt to engage in, any of the following categories of prohibited activity in relation to your access and use of the Interface:

5.1.1. Activity that infringes on or violates any copyright, trademark, service mark, patent, right of publicity, right of privacy, or other proprietary or intellectual property rights under the law;

5.1.2. Activity that seeks to interfere with or compromise the integrity, security, or proper functioning of any computer, server, network, personal device, or other information technology system, including, but not limited to, the deployment of viruses and denial of service attacks;

5.1.3. Activity that seeks to defraud us or any other person or entity, including, but not limited to, providing any false, inaccurate, or misleading information in order to unlawfully obtain the property of another;

5.1.4. Market Manipulation. Activity that violates any applicable law, rule, or regulation concerning the integrity of trading markets, including, but not limited to, the manipulative tactics commonly known as "rug pulls", pumping and dumping, and wash trading;

5.1.5. Securities and Derivatives Violations. Activity that violates any applicable law, rule, or regulation concerning the trading of securities or derivatives, including, but not limited to, the unregistered offering of securities and the offering of leveraged and margined commodity products to retail customers in the United States;

5.1.6. Sale of Stolen Property. Buying, selling, or transferring of stolen items, fraudulently obtained items, items taken without authorization, and/or any other illegally obtained items, including money laundering activities;

5.1.7. Data Mining or Scraping. Activity that involves data mining, robots, scraping, or similar data gathering or extraction methods of content or information from any of our services;

5.1.8. Unlawful actions. Activity that violates any applicable law, rule, or regulation in any relevant jurisdiction, including, but not limited to, anti-money laundering and anti-terrorist financing laws, regulations related to the restrictions and sanctions;

5.1.9. Breach of the Terms;

5.1.10. Circumvention of any content-filtering techniques, security measures or access controls relating to the Interface, including through the use of a VPN;

5.1.11. Use of any robot, spider, crawler, scraper or other automated means or interface not provided by us to access the Interface, to extract data, or to introduce any malware, virus, Trojan horse, worm, logic bomb, drop-dead device, backdoor, shutdown mechanism or other harmful material into the Interface;

5.1.12. Activity that employs bots, scripts, or other automated methods of interaction with the Interface which disrupt the normal functioning of the Protocol or related systems;

5.1.13. Activities aimed at exploitation of vulnerabilities in the trading, leveraging or liquidation mechanisms of the Protocol;

5.1.14. Providing false, inaccurate, or misleading information while using the Interface;

5.1.15. Use or access the Interface to transmit digital assets that are the direct or indirect proceeds of any criminal or fraudulent activity, including terrorism or tax evasion;

5.1.16. Use the Interface from a jurisdiction (including an IP address in a jurisdiction) that we have, in our sole discretion, determined is a jurisdiction where the use of the Interface is prohibited, including through the VPN; and

5.1.17. Attempt to engage, or procure third parties to engage, in any of the activities prohibited under this section or any other provision of these Terms.

5.2. If you are engaged in any prohibited activity, we may immediately restrict your access to the Interface and you agree to indemnify and hold harmless the Company and its officers, directors, employees, contractors, agents, affiliates, and subsidiaries from and against any and all claims, damages, losses, liabilities, costs, and expenses, including reasonable legal fees, arising out of or related to such prohibited activity.

#### 6. Non-Custodial; No Fiduciary Duties; No Financial Advice

6.1. The Interface is a purely non-custodial application, meaning we do not ever have custody, possession, or control of your digital assets at any time. It further means you are solely responsible for the custody of the cryptographic private keys to the digital asset wallets you hold and you should never share your wallet credentials or seed phrase with anyone. We accept no responsibility for, or liability to you, in connection with your use of a wallet and make no representations or warranties regarding how any of our services will operate with any specific wallet. Likewise, you are solely responsible for any associated wallet and we are not liable for any acts or omissions by you in connection with or as a result of your wallet being compromised.

6.2. These Terms are not intended to, and does not, create or impose any fiduciary duties on us. To the fullest extent permitted by law, you acknowledge and agree that we owe no fiduciary duties or liabilities to you 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. You further agree that the only duties and obligations that we owe you are those set out expressly in these Terms.

6.3. Any information provided by the Interface is for informational purposes only and should not be construed as professional, technical, operational, investment, financial, legal or other advice.

6.4. Any information available through the Interface may be incomplete, outdated, or inaccurate. You are solely responsible for verifying the accuracy and relevance of such information before making any decisions or taking any action. Before you make any professional, technical, operational, investment, financial, legal or other decisions involving the Interface, you should seek independent professional advice from the appropriate third-party.

#### 7. Tax Obligations

7.1. It is your responsibility to determine whether taxes apply to any transactions you initiate or receive and, if so, to report and/or remit the correct tax to the appropriate tax authority.

7.2. We make no representations regarding your tax obligations and strongly recommends consulting with a qualified tax advisor to ensure compliance with all applicable laws.

#### 8. No Warranties

8.1. The Interface is provided on an "as is" and "as available" basis. To the fullest extent permitted by law, we disclaim any representations and warranties of any kind, whether express, implied, or statutory, including, but not limited to, the warranties of merchantability and fitness for a particular purpose. You acknowledge and agree that your use of the Interface is at your own risk. We do not represent or warrant that access to the Interface will be continuous, uninterrupted, timely, or secure; that the information contained in Interface will be accurate, reliable, complete, or current; or that Interface will be free from errors, defects, viruses, or other harmful elements. No advice, information, or statement that we make should be treated as creating any warranty concerning the Interface. We do not endorse, guarantee, or assume responsibility for any advertisements, offers, or statements made by third parties concerning the Interface.

8.2. We make no warranties or representations, express or implied, about linked third party services, the third parties they are owned and operated by, the information contained on them, assets available through them, or the suitability, privacy, or security of their products or services. You acknowledge sole responsibility for and assume all risk arising from your use of third-party services, third-party websites, applications, or resources. We shall not be liable under any circumstances for damages arising out of or in any way related to software, products, services, and/or information offered or provided by third-parties and accessed through the Interface\
\\

#### 9. Limitation of Liability

9.1. Under no circumstances shall we or any of our officers, directors, employees, contractors, agents, affiliates, or subsidiaries be liable to you for any indirect, punitive, incidental, special, consequential, or exemplary damages, including, but not limited to, damages for loss of profits, goodwill, use, data, or other intangible property, arising out of or relating to any access or use of or inability to access or use the Interface, nor will we be responsible for any damage, loss, or injury resulting from hacking, tampering, or other unauthorized access or use of the Interface or the information contained within it, whether such damages are based in contract, tort, negligence, strict liability, or otherwise, arising out of or in connection with authorized or unauthorized use of the Interface, even if an authorized representative of the Company has been advised of or knew or should have known of the possibility of such damages. We assume no liability or responsibility for any: (a) errors, mistakes, or inaccuracies of content; (b) personal injury or property damage, of any nature whatsoever, resulting from any access or use of the Interface; (c) unauthorized access or use of any secure server or database in our control, or the use of any information or data stored therein; (d) interruption or cessation of function of the Interface; (e) bugs, viruses, trojan horses, or the like that may be transmitted to or through the Interface; (f) errors or omissions in, or loss or damage incurred as a result of the use of, any content made available through the Interface; and (g) the defamatory, offensive, or illegal conduct of any third party.

9.2. We have no liability to you or to any third party for any claims or damages that may arise as a result of any payments or transactions that you engage in via the Interface.

9.3. If applicable law does not allow the limitation of liability for personal injury, or of incidental or consequential damages, so this limitation may not apply to you. In no event shall our total liability to you for all damages (other than as may be required by applicable law in cases involving personal injury) exceed the amount of two hundred USD dollars ($200.00) or its equivalent in the local currency of the applicable jurisdiction.

9.4. The foregoing disclaimer will not apply to the extent prohibited by law.

9.5. The Company is not responsible for any problems or technical malfunction of any telephone, internet or blockchain network or lines, online systems, servers, providers, computer equipment, software, or messaging platform, or as a result of technical problems or traffic congestion on the internet, any website, or any application, or any combination thereof, including, without limitation, any resulting error in computing qualifying actions or any unavailability of Interface features, or any injury or damage to any participant’s or any other person’s computer or mobile device related to or resulting from participation in features available through the Interface. If, for any reason, the Interface is not capable of running as planned, including due to errors of any kind or nature, infection by computer viruses, bugs, tampering, unauthorized intervention, fraud, technical failures, or any other causes beyond the control of the Company which corrupt or affect the administration, security, fairness, integrity, or proper conduct of the Interface features, the Company reserves the right in its sole discretion to cancel, terminate, modify, or suspend the Interface features or otherwise respond to the circumstances as the Company deems appropriate.

#### 10.Indemnification

10.1. You agree to hold harmless, release, defend, and indemnify us, our affiliates, our and our affiliates' respective officers, directors, employees, contractors, agents, service providers, licensors, and representatives (collectively, the "**Indemnified Parties**") from and against all claims, damages, obligations, losses, liabilities, costs, and expenses (including reasonable attorney's fees) arising from or relating to:

10.1.1. your access and use of the Interface;

10.1.2. your violation of any term or condition of these Terms, the right of any third party, or any other applicable law, rule, or regulation;

10.1.3. any other party's access and use of the Interface with your assistance or using any device or account that you own or control;

10.1.4. any dispute between you and any other user of the Interface; and

10.1.5. any dispute between you and any of your own customers or users.

10.2. We reserve the right to assume the exclusive defense and control of any matter which is subject to indemnification under this section, and you agree to cooperate with any reasonable requests assisting our defense of such matter. You may not settle or compromise any claim against any Indemnified Party without our written consent.

#### 11.Modifications

11.1. Modifications of these Terms: we reserve the right, in our sole discretion, to modify these Terms from time to time. If we make any material modifications, we will notify you by updating the date at the top of these Terms and by maintaining a current version of these Terms. All modifications will be effective when they are posted, and your continued accessing or using any of the services will serve as confirmation of your acceptance of those modifications. If you do not agree with any modifications to these Terms you must immediately stop accessing and using the Interface.

11.2. Modifications of the Interface: we reserve the right to review, modify, update, disable, delete and remove the Interface or any part of it without prior notification. The Company shall not be liable for modifications, suspensions, or discontinuance of the Interface or any features made available through the Interface.

#### 12.Our Rights

12.1. We reserve the right to cooperate with any law enforcement, court or government investigation or order or third party requesting or directing that we disclose certain information.

12.2. We may introduce verification process, if this is required by applicable laws and regulations in respective jurisdiction.

#### 13.Governing Law

13.1. You agree that the English laws, without regard to principles of conflict of laws, govern these Terms and any dispute between you and us.

#### 14.Dispute Resolution

14.1. We will use our best efforts to resolve any potential disputes through informal, good faith negotiations. If a potential dispute arises, you must contact us by sending an email to <legal@evedex.com> so that we can attempt to resolve it without resorting to formal dispute resolution. If we are not able to reach an informal resolution within sixty (60) days of your email, then you and we both agree to resolve the potential dispute according to the arbitration clause herein.

14.2. Any dispute arising out of or in connection with the Terms, including any question regarding its existence, validity or termination, shall be referred to and finally resolved by arbitration under the LCIA Rules, which Rules are deemed to be incorporated by reference into this clause.

14.3. You understand that you are required to resolve all disputes by binding arbitration. The arbitration shall be held on a confidential basis before a single arbitrator, who shall be selected pursuant to LCIA rules. The arbitration will be held in London, unless you and we both agree to hold it elsewhere.

14.4. Unless we agree otherwise, the arbitrator may not consolidate your claims with those of any other party.

14.5. Any judgment on the award rendered by the arbitrator may be entered in any court of competent jurisdiction. If for any reason a claim by law or equity must proceed in court rather than in arbitration you agree to waive any right to a jury trial and any claim may be brought only in a court of England located in London.

#### 15.Assignment

15.1. You may not assign or transfer agreement between us, by operation of law or otherwise, without our prior written consent. Any attempt by you to assign or transfer the agreement without our prior written consent shall be null and void. We may freely assign or transfer these Terms. Subject to the foregoing, these Terms will bind and inure to the benefit of the parties, their successors and permitted assigns.

#### 16.Notice

16.1. We may provide any notice to you under these Terms using commercially reasonable means, including using public communication channels. Notices we provide by using public communication channels will be effective upon posting.

#### 17.Severability

17.1. If any provision of these Terms shall be determined to be invalid or unenforceable under any rule, law, or regulation of any local, state, or federal government agency, such provision will be changed and interpreted to accomplish the objectives of the provision to the greatest extent possible under any applicable law and the validity or enforceability of any other provision of these Terms shall not be affected.


# Privacy Policy

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**Last modified:** June 19, 2025
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This Privacy Policy (the “Policy”) explains how Evedex Ltd. (“Evedex”, the “Company”, “we”, “us” or “our”) collects, uses, and shares data in connection with the Evedex web app, [www.evedex.com](http://www.evedex.com) website and all of our other products and services (the “Services”). Your use of the Services is subject to this Policy.

Evedex is a company based in Saint Lucia that operates [www.evedex.com](http://www.evedex.com) among other products and services. Evedex complies with applicable privacy laws and regulations.

**Data We Collect**

Privacy is central consideration to our operations at the Company. And we've enshrined transparency as one of our Company values. Accordingly, we aspire to be transparent about what little data we do collect. When you interact with the Services, we collect only:

* Publicly-available blockchain data. When you connect your non-custodial blockchain wallet to the Services, we collect and log your publicly-available blockchain address to learn more about your use of the Services and to screen your wallet for any prior illicit activity. We screen your wallet using intelligence provided by leading blockchain analytics providers. Note that blockchain addresses are publicly-available data that are not created or assigned by us or any central party, and by themselves are not personally identifying.
* If you sign up with email, your email address. We use this information to create account for you and provide you with the Services. We may also use this information to send you marketing materials, if you provide your consent for that.
* If you sign up with your Google account, your name indicated at Google account, email and photo, provided to us by Google. We use this information to create account for you.
* Phone number, if you provide when subscribing to our services. We use it to assist you with conclusion and performance of the agreement between us relating to the services we provide.
* Information from localStorage and other tracking technologies. We and our third-party services providers may access and collect information from localStorage, mobile deviceID, cookies, web beacons, and other similar technologies to provide and personalize the Services and features of the Services for you across sessions. For example, we may use this information to remember tokens you import, star, or add to your shopping bag. We may also use this information to learn about your preferences, your use of the Services, and our interactions with you. Information we collect from these technologies may include things such as browser type, referring/exit pages, operating system, device or browser language, and other device information. We group and analyze these user journeys collectively, in the aggregate, to improve our product user experience.
* Information from other sources. We may receive information about your wallet address or transactions made through the Services from our service providers in order to comply with our legal obligations and prevent the use of our Services in connection with fraudulent or other illicit activities.
* Correspondence. We will receive any communications and information you provide directly to us via email, customer support, social media, or another support channel (such as X (Twitter) or Discord), or when you participate in any surveys or questionnaires.
* Information you specifically provide us. If you specifically provide us with information (such as your email address), we may use that information for the purposes described when you provide it to us. We will not attempt to link any information you provide to your wallet address, IP address, or other personal data. You do not need to provide us with any personal data to use the Services.

\
**How We Use Data**

We use the data we collect in accordance with your instructions, including any applicable terms in our Terms of Use, and as required by law. We may also use data for the following purposes:

* Providing the Services. We use the data we collect to provide, maintain, customize and improve our Services and features of our Services.
* Customer support. We may use information to provide customer support for and answer inquiries about the Services.
* Safety and security. We may use data to protect against, investigate, and stop fraudulent, unauthorized, or illegal activity. We may also use it to address security risks, solve potential security issues such as bugs, enforce our agreements, and protect our users and Company.
* Legal compliance. We may use the information we collect as needed or requested by regulators, government entities, and law enforcement to comply with applicable laws and regulations.

\
**How We Share Data**\
\
We may share or disclose the data we collect:

* Within other entities under EVEDEX brand, either affiliated or not. We may share you information with other EVEDEX entities, if these entities are involved in rendering particular Service chosen by you.
* With service providers. We may share your information with our service providers and vendors to assist us in providing, delivering, and improving the Services. For example, we may share your wallet address with service providers to provide technical infrastructure services, your wallet address with blockchain analytics providers to detect, prevent, and mitigate financial crime and other illicit or harmful activities, and your activity on our social media pages with our analytics provider to learn more about you interact with us and the Services.
* To comply with our legal obligations. We may share your data in the course of litigation, regulatory proceedings, compliance measures, and when compelled by subpoena, court order, or other legal procedure. We may also share data when we believe it is necessary to prevent harm to our users, our Company, or others, and to enforce our agreements and policies, including our Terms of Service.
* Safety and Security. We may share data to protect against, investigate, and stop fraudulent, unauthorized, or illegal activity. We may also use it to address security risks, solve potential security issues such as bugs, enforce our agreements, and protect our users, Company, and ecosystem.
* Business changes. We may transfer or share data to another entity in the event of a merger, acquisition, bankruptcy, dissolution, reorganization, asset or stock sale, or other business transaction.
* With your consent. We may share your information any other time you provide us with your consent to do so.

We do not share your information with any third parties for any marketing purposes whatsoever.

\
**Third Party Cookies**\
\
We use services provided by Google and other third parties that use tracking technology such as cookies, deviceID, and localStorage, to collect information about your use of the Services and our interactions with you. You can opt out of having your online activity and device data collected through these third-party services, including by:

* Blocking cookies in your browser by following the instructions in your browser settings. For more information about cookies, including how to see the cookies on your device, manage them, and delete them, visit [www.allaboutcookies.org](http://www.allaboutcookies.org/).
* Blocking or limiting the use of your advertising ID on your mobile device through the device settings.
* Using privacy plug-ins or browsers. Certain browsers and browser extensions can be configured to block third-party cookies and trackers.
* Using the platform opt-out provided by Google at <https://adssettings.google.com>. You can learn more about how Google uses your information by reviewing Google’s privacy policy at <https://policies.google.com/privacy>.

Using advertising industry opt-out tools on each device or browser where you use the Services, available at [http://optout.aboutads.info](http://optout.aboutads.info/) and [http://optout.networkadvertising.org](http://optout.networkadvertising.org/).\
\
**Third-Party Links and Sites**\
\
We may integrate technologies operated or controlled by other parties into parts of the Services. For example, the Services may include links that hyperlink to websites, platforms, and other services not operated or controlled by us. Please note that when you interact with these other parties, including when you leave our website, those parties may independently collect information about you and solicit information from you. You can learn more about how those parties collect and use your data by consulting their privacy policies and other terms.

\
**Third-Party Matching Engine Service Providers**

Users may be prompted to submit this information when using the matching engine on the Evedex platform, but not by Evedex.

This engine is provided by third party Devexperts Solutions IE Limited (the “Devexperts”) and is integrated into the Evedex platform via the REST API.

Devexperts grants the User via the Evedex the following rights: “The Provider hereby solely grants the Customer the non-exclusive, non-assignable, non-transferrable, fee-paying, worldwide, term-limited right for Access (“Access” shall mean the admission to the Evedex’s user application that User may connect to via API).” Saas Agreement with Devexperts.

“User” means any natural person or legal entity, which obtains trading services directly from the Evedex via signing the applicable contract.

Devexperts may gather the following information: data, and other content, in any form or medium, that is collected, downloaded, or otherwise received, directly or indirectly from Evedex or User by or through the Services or that incorporates or is derived from the processing of such information, data, or content by or through the Services, including personal data of the Evedex’s Users.

**Security**

We implement and maintain reasonable administrative, physical, and technical security safeguards to help protect data from loss, theft, misuse, unauthorized access, disclosure, alteration, and destruction. Nevertheless, transmission via the internet is not completely secure and we cannot guarantee the security of information about you. You are responsible for all of your activity on the Services, including the security of your blockchain network addresses, cryptocurrency wallets, and their cryptographic keys.\\

**Age Requirements**

The Services are intended for a general audience and are not directed at children. We do not knowingly receive personal information from children. If you believe we have received personal information about a child under the age of 18, please contact us at <legal@evedex.com>.

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**Legal Basis and Purposes of Processing**\
\
We process personal data for the purposes described in the section titled “How We Use Data” above. Our bases for processing your data include: (i) you have given consent to the process to us or our service provides for one or more specific purposes; (ii) processing is necessary for the performance of a contract with you; (iii) processing is necessary for compliance with a legal obligation; and/or (iv) processing is necessary for the purposes of the legitimate interested pursued by us or a third party, and your interests and fundamental rights and freedoms do not override those interests.

\
**Your Rights**

Your rights include the right to (i) request access and obtain a copy of your personal data, (ii) request rectification or erasure of your personal data, (iii) object to or restrict the processing of your personal data; and (iv) request portability of your personal data. Additionally, you may withdraw your consent to our collection at any time. Nevertheless, we cannot edit or delete information that is stored on a particular blockchain. Information such as your transaction data, blockchain wallet address, and assets held by your address that may be related to the data we collect is beyond our control.

\
To exercise any of your rights, please contact us at <legal@evedex.com>. We may require additional information from you to process your request. Please note that we may retain information as necessary to fulfill the purpose for which it was collected and may continue to do so even after a data subject request in accordance with our legitimate interests, including to comply with our legal obligations, resolves disputes, prevent fraud, and enforce our agreements.

\
**Changes to This Policy**

If we make material changes to this Policy, we will notify you via the Services. Nevertheless, your continued use of the Services reflects your periodic review of this Policy and other Company terms, and indicates your consent to them.

**Contact Us**

If you have any questions about this Policy or how we collect, use, or share your information, please contact us at <legal@evedex.com>.


# Cookie Policy - European Union

{% hint style="info" %}
**Policy Owner:** EVEDEX s.r.o. (“EVEDEX”, the “Company”, “we”, “us” or “our”)

**Effective Date:** 24 March 2025
{% endhint %}

**1. Application**

This policy applies to all users accessing the website [www.evedex.com](http://www.evedex.com) from countries within the European Union. The user location is identified through the user’s IP address in accordance with applicable data protection laws.

**2. Policy**

EVEDEX believes in transparency about collection and use of data. This policy provides information about how and when we use cookies for these purposes.

**What is a cookie?**

Cookies are small text files sent by us to your computer or mobile device, which enable our features and functionality. They are unique to your account or your browser. Session-based cookies last only while your browser is open and are automatically deleted when you close your browser. Persistent cookies last until you or your browser delete them or until they expire.

**Does EVEDEX use cookies?**

Yes. We use cookies and similar technologies like single-pixel gifs and web beacons. EVEDEX uses both session-based and persistent cookies. In addition, EVEDEX uses third party cookies, like Google Analytics.

**How we use cookies?**

As most of the online services, our website uses first-party and third-party cookies for several purposes. First-party cookies are mostly necessary for the website to function the right way.

The third-party cookies used on our website are mainly for understanding how the website performs, how you interact with our website, keeping our services secure, providing advertisements that are relevant to you, and all in all providing you with a better and improved user experience and help speed up your future interactions with our website.

**What can you do if you don't want cookies to be set or want them to be removed?**

You have the option to disable and delete cookies that may not be necessary for the basic functionality of our website.

You can opt out of having your online activity and device data collected through these third-party services, including by:

* Blocking cookies in your browser by following the instructions in your browser settings. For more information about cookies, including how to see the cookies on your device, manage them, and delete them, visit [www.allaboutcookies.org](http://www.allaboutcookies.org/).
* Blocking or limiting the use of your advertising ID on your mobile device through the device settings.
* Using privacy plug-ins or browsers. Certain browsers and browser extensions can be configured to block third-party cookies and trackers.
* Using the platform opt-out provided by Google at <https://adssettings.google.com>. You can learn more about how Google uses your information by reviewing Google’s privacy policy at <https://policies.google.com/privacy>.
* Using advertising industry opt-out tools on each device or browser, available at [http://optout.aboutads.info](http://optout.aboutads.info/) and [http://optout.networkadvertising.org](http://optout.networkadvertising.org/).

**What Cookies do we use?**

*Strictly Necessary Cookies*

These cookies are necessary for the website to function and cannot be switched off in our systems. They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms.

You can set your browser to block or alert you about these cookies, but that will cause some parts of the site to not work. These cookies do not store any personally identifiable information.

<table><thead><tr><th width="155.4000244140625" valign="top">Cookie</th><th width="155" valign="top">Domain</th><th width="124.39990234375" valign="top">Type</th><th width="112" valign="top">Validity Term</th><th valign="top">Description</th></tr></thead><tbody><tr><td valign="top">_ym_d<br><br></td><td valign="top">.evedex.com</td><td valign="top">First-party</td><td valign="top">1 year</td><td valign="top">To store first visit to the site.</td></tr><tr><td valign="top">_ym_uid<br><br></td><td valign="top">.evedex.com</td><td valign="top">First-party</td><td valign="top">1 year</td><td valign="top">Used to identify user on the website.</td></tr><tr><td valign="top">cf_clearance<br><br></td><td valign="top">.privy.io</td><td valign="top">Third-party</td><td valign="top">1 year</td><td valign="top">This cookie is used by the CloudFlare service to identify trusted web traffic and override any security restrictions based on the visitor's IP address. It is essential for supporting a website's security features and in providing protection against malicious visitors.</td></tr><tr><td valign="top">sync_cookie_csrf<br><br></td><td valign="top">.mc.yandex.ru</td><td valign="top">Third-party</td><td valign="top">10 minutes</td><td valign="top">This cookie is used to ensure that requests made within a session are originated from the user, as a security measure against Cross-Site Request Forgery (CSRF) attacks.</td></tr><tr><td valign="top">__cf_bm<br><br></td><td valign="top">.privy.io</td><td valign="top">Third-party</td><td valign="top">30 minutes</td><td valign="top">This cookie is used to distinguish between humans and bots. This is beneficial for the website, in order to make valid reports on the use of their website.</td></tr><tr><td valign="top">sync_cookie_csrf<br><br></td><td valign="top">.mc.yandex.com</td><td valign="top">Third-party</td><td valign="top">10 minutes</td><td valign="top">This cookie is used to ensure that requests made within a session are originated from the user, as a security measure against Cross-Site Request Forgery (CSRF) attacks.</td></tr><tr><td valign="top">sync_cookie_ok<br><br></td><td valign="top">.mc.yandex.com</td><td valign="top">Third-party</td><td valign="top">1 day</td><td valign="top">This cookie is used to remember the user's consent to the usage of cookies on the website.</td></tr><tr><td valign="top">sync_cookie_ok<br><br></td><td valign="top">.mc.webvisor.org</td><td valign="top">Third-party</td><td valign="top">1 day</td><td valign="top">This cookie is used to remember the user's consent to the usage of cookies on the website.</td></tr><tr><td valign="top">sync_cookie_csrf<br><br></td><td valign="top">.mc.webvisor.org</td><td valign="top">Third-party</td><td valign="top">10 minutes</td><td valign="top">This cookie is used to ensure that requests made within a session are originated from the user, as a security measure against Cross-Site Request Forgery (CSRF) attacks.</td></tr></tbody></table>

*Functional cookies*

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

<table><thead><tr><th width="95.199951171875" valign="top">Cookie</th><th width="141" valign="top">Domain</th><th width="130.199951171875" valign="top">Type</th><th width="129.199951171875" valign="top">Validity Term</th><th valign="top">Description</th></tr></thead><tbody><tr><td valign="top">_cfuvid<br><br></td><td valign="top">.privy.io</td><td valign="top">Third-party</td><td valign="top">Session</td><td valign="top">This cookie is used for purposes of tracking users across sessions to optimize user experience by maintaining session consistency and providing personalized services.</td></tr><tr><td valign="top">yabs-sid<br><br></td><td valign="top">mc.yandex.ru</td><td valign="top">Third-party</td><td valign="top">Session</td><td valign="top">Used to identify user on the website.</td></tr></tbody></table>

*Performance Cookies*

These cookies (allow us to count visits and traffic sources so we can measure and improve the performance of our site. They help us to know which pages are the most and least popular and see how visitors move around the site. If you do not allow these cookies we will not know when you have visited our site and will not be able to monitor its performance.

<table><thead><tr><th width="125.79998779296875" valign="top">Cookie</th><th width="145.20001220703125" valign="top">Domain</th><th width="131.4000244140625" valign="top">Type</th><th width="140.199951171875" valign="top">Validity Term</th><th valign="top">Description</th></tr></thead><tbody><tr><td valign="top">_ga<br><br></td><td valign="top">.evedex.com</td><td valign="top">First-party</td><td valign="top">1 year 1 month</td><td valign="top">This cookie name is associated with Google Universal Analytics - which is a significant update to Google's more commonly used analytics service. This cookie is used to distinguish unique users by assigning a randomly generated number as a client identifier. It is included in each page request in a site and used to calculate visitor, session and campaign data for the sites analytics reports.</td></tr><tr><td valign="top">_ga_DMJF0EW1TP<br><br></td><td valign="top">.evedex.com</td><td valign="top">First-party</td><td valign="top">1 year 1 month</td><td valign="top">This cookie is used by Google Analytics to persist session state.</td></tr><tr><td valign="top">_pk_id.1295.15a9<br><br></td><td valign="top">earlybird.evedex.com</td><td valign="top">First-party</td><td valign="top">1 year</td><td valign="top">This cookie name is associated with the Piwik open source web analytics platform. It is used to track visitor behaviour and measure site performance.</td></tr><tr><td valign="top">_pk_ses.1295.15a9<br><br></td><td valign="top">earlybird.evedex.com</td><td valign="top">First-party</td><td valign="top">30 minutes</td><td valign="top">This cookie name is associated with the Piwik open source web analytics platform. It is used to track visitor behaviour and measure site performance.</td></tr><tr><td valign="top">yandexuid<br><br></td><td valign="top">.yandex.ru</td><td valign="top">Third-party</td><td valign="top">1 year 1 month</td><td valign="top">Registers data on visitors' website behaviour. This is used for internal analysis and website optimization.</td></tr><tr><td valign="top">bh<br><br></td><td valign="top">.yandex.com</td><td valign="top">Third-party</td><td valign="top">1 year 1 month</td><td valign="top">This cookie is typically associated with the Yandex Metrica tool, used for analyzing the actions of users on the website to help improve user experience and monitor website performance.</td></tr><tr><td valign="top">yandexuid<br><br></td><td valign="top">.webvisor.org</td><td valign="top">Third-party</td><td valign="top">1 year 1 month</td><td valign="top">Registers data on visitors' website behaviour. This is used for internal analysis and website optimization.</td></tr><tr><td valign="top">ymex<br><br></td><td valign="top">.yandex.ru</td><td valign="top">Third-party</td><td valign="top">1 year</td><td valign="top">Stores auxiliary information for Yandex.Metrica performance: ID creation time and their alternative values.</td></tr><tr><td valign="top">_pk_ses.1295.1d13<br><br></td><td valign="top">demo-exchange.evedex.com</td><td valign="top">First-party</td><td valign="top">30 minutes</td><td valign="top">This cookie name is associated with the Piwik open source web analytics platform. It is used to help website owners track visitor behaviour and measure site performance.</td></tr><tr><td valign="top">yashr<br><br></td><td valign="top">.yandex.ru</td><td valign="top">Third-party</td><td valign="top">1 year</td><td valign="top">This cookie is used for tracking and analytics purposes, registering data on users' behavior on the website.</td></tr><tr><td valign="top">_pk_id.1295.fc59<br><br></td><td valign="top">evedex.com</td><td valign="top">First-party</td><td valign="top">1 year</td><td valign="top">This cookie name is associated with the Piwik open source web analytics platform. It is used to help website owners track visitor behaviour and measure site performance.</td></tr><tr><td valign="top">_pk_ses.1295.fc59<br><br></td><td valign="top">evedex.com</td><td valign="top">First-party</td><td valign="top">30 minutes</td><td valign="top">This cookie name is associated with the Piwik open source web analytics platform. It is used to help website owners track visitor behaviour and measure site performance.</td></tr><tr><td valign="top">_pk_id.1295.1d13<br><br></td><td valign="top">demo-exchange.evedex.com</td><td valign="top">First-party</td><td valign="top">1 year</td><td valign="top">This cookie name is associated with the Piwik open source web analytics platform. It is used to help website owners track visitor behaviour and measure site performance.</td></tr><tr><td valign="top">bh<br><br></td><td valign="top">.yandex.ru</td><td valign="top">Third-party</td><td valign="top">1 year 1 month</td><td valign="top">This cookie is typically associated with the Yandex Metrica tool, used for analyzing the actions of users on the website to help improve user experience and monitor website performance.</td></tr><tr><td valign="top">_ym_visorc<br><br></td><td valign="top">.evedex.com</td><td valign="top">First-party</td><td valign="top">30 minutes</td><td valign="top">This cookie is used to record session data, allowing for the recording and analysis of user behavior on the site, contributing to the improvement of user experience and performance metrics.</td></tr><tr><td valign="top">bh<br><br></td><td valign="top">.webvisor.org</td><td valign="top">Third-party</td><td valign="top">1 year 1 month</td><td valign="top">This cookie is typically associated with the Yandex Metrica tool, used for analyzing the actions of users on the website to help improve user experience and monitor website performance.</td></tr><tr><td valign="top">yandexuid<br><br></td><td valign="top">.yandex.com</td><td valign="top">Third-party</td><td valign="top">1 year 1 month</td><td valign="top">Registers data on visitors' website behaviour. This is used for internal analysis and website optimization.</td></tr><tr><td valign="top">_ym_isad<br><br></td><td valign="top">.evedex.com</td><td valign="top">First-party</td><td valign="top">20 hours</td><td valign="top">This Cookie determines whether a User has ad-blockers</td></tr></tbody></table>

*Marketing Cookies*

We also use a marketing cookie when a user interacts with marketing communications, such as a marketing email or a marketing-based landing page on our website. This cookie collects personal information such as your name, which pages you visit on our website, how you arrived at our website. Collected information is used to evaluate the effectiveness of our marketing campaigns or to provide better targeting for marketing. From time to time, cookies set by third parties find their way into this “Marketing” category, but EVEDEX does not always have control over those cookies and does not share personal data with those third parties.

<table><thead><tr><th valign="top">Cookie</th><th valign="top">Domain</th><th valign="top">Type</th><th valign="top">Validity Term</th><th valign="top">Description</th></tr></thead><tbody><tr><td valign="top">_gcl_au<br><br></td><td valign="top">.evedex.com</td><td valign="top">First-party</td><td valign="top">3 months</td><td valign="top">Used by Google AdSense for experimenting with advertisement efficiency across websites using their services</td></tr><tr><td valign="top">_fbp<br><br></td><td valign="top">.evedex.com</td><td valign="top">First-party</td><td valign="top">3 months</td><td valign="top">Used by Meta to deliver a series of advertisement products such as real time bidding from third party advertisers</td></tr><tr><td valign="top">yuidss<br><br></td><td valign="top">.yandex.ru</td><td valign="top">Third-party</td><td valign="top">1 year</td><td valign="top">Collects information on visitor behaviour on multiple websites. This information is used on the website, in order to optimize the relevance of advertisement.</td></tr><tr><td valign="top">i<br><br></td><td valign="top">.yandex.ru</td><td valign="top">Third-party</td><td valign="top">1 year 1 month</td><td valign="top">This cookie is often used for advertising purposes, to make advertising messages more relevant to the user. It may be involved in delivering targeted advertising based on user behavior and preferences.</td></tr><tr><td valign="top">i<br><br></td><td valign="top">.yandex.com</td><td valign="top">Third-party</td><td valign="top">1 year 1 month</td><td valign="top">This cookie is often used for advertising purposes, to make advertising messages more relevant to the user. It may be involved in delivering targeted advertising based on user behavior and preferences.</td></tr><tr><td valign="top">i<br><br></td><td valign="top">.webvisor.org</td><td valign="top">Third-party</td><td valign="top">1 year 1 month</td><td valign="top">This cookie is often used for advertising purposes, to make advertising messages more relevant to the user. It may be involved in delivering targeted advertising based on user behavior and preferences.</td></tr><tr><td valign="top">yuidss<br><br></td><td valign="top">.webvisor.org</td><td valign="top">Third-party</td><td valign="top">1 year 1 month</td><td valign="top">Collects information on visitor behaviour on multiple websites. This information is used on the website, in order to optimize the relevance of advertisement.</td></tr><tr><td valign="top">yuidss<br><br></td><td valign="top">.yandex.com</td><td valign="top">Third-party</td><td valign="top">1 year 1 month</td><td valign="top">Collects information on visitor behaviour on multiple websites. This information is used on the website, in order to optimize the relevance of advertisement.</td></tr></tbody></table>

*Third Party Website Cookies*

When using our website, you may be directed to other websites for such activities as surveys, to make payment, for job applications, and to view content hosted on those sites such as an embedded video or news article. These websites may use their own cookies. We do not have control over the placement of cookies by other websites you visit, even if you are directed to them from our website.


# Affiliate Agreement

This Affiliate Agreement sets out the terms and conditions that govern your access to and participation in the affiliate program provided by EVEDEX Ltd. This Affiliate Agreement supplements our Terms of Use applicable to you.

By accessing the Platform or participating in the Program, you confirm you have read, understood, and accepted this Affiliate Agreement and Terms of Use, including any amendments to them. If you do not agree with these terms and conditions, please do not participate in the Program.

#### 1. TERMS AND DEFINITIONS

1.1. “**Affiliate**” or “**you**” means you, being an eligible participant in the Program;

1.2. “**Affiliate Agreement**” or “**Agreement**” means this Affiliate Agreement;

1.3. “**Affiliate Code**” and “**Affiliate Link**” mean a unique code or link, respectively, assigned to the Affiliate on the Platform and intended to identify the connection between the Referral and Affiliate;

1.4. “**Commission**” means any commission, rebate, and/or other remuneration paid, or payable, to the Affiliate for participating in the Program;

1.5. “**Confidential Information**” shall have the meaning indicated in clause 12.1;

1.6. “**EVEDEX**”, “**we**,” “**us**” and “**our**” mean EVEDEX Ltd. (Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, LC01 101, Saint Lucia);

1.7. “**Platform**” means our EVEDEX trading platform available through the web version or app;

1.8. “**Program**” means the affiliate program which we make available to you to incentivise you to market and promote the Platform and enable you to refer potential new users;

1.9. “**Referral**” means a person who becomes our user through the Affiliate Code or Affiliate Link;

1.10. “**Referral Affiliate**” shall have the meaning indicated in clause 6.1; and

1.11. “**Terms of Use**” means the Terms of Use published on the Platform, subject to any amendments.

#### 2. THE PROGRAM

2.1. The Program offers the Affiliate the opportunity to earn a Commission by inviting Referrals to access and trade on the platform, in accordance with the terms of this Agreement and any rules introduced by EVEDEX from time to time.

2.2. Unless expressly stated otherwise or prohibited by this Affiliate Agreement, you will be solely responsible for determining the most effective manner and methods to conduct any activities associated with the Program, including determining when, where, and how to conduct Program activities, and the frequency with which you do so. Except as expressly set forth in this Agreement, EVEDEX will not control the manner or prescribe the method you use to conduct Program activities.

2.3. You will be solely responsible for all costs and expenses associated with conducting business, including all payments, taxes, and other business-related expenses incurred in connection with the Program activities.

#### 3. COMMENCEMENT AND DURATION

3.1. This Affiliate Agreement will take effect from the day of your access to the Platform or participation in the Program, provided that you are an eligible user under the Terms of Use.

3.2. We reserve the right to accept or reject your participation in the Program at our sole discretion.

3.3. This Affiliate Agreement will be effective until terminated by either party.

#### 4. AFFILIATE ACCOUNTS; PROMOTIONS

4.1. The Affiliate has access to the account through the Platform, where you can track details of your participation in the Program, including the number of clicks on your Affiliate Links or use of your Affiliate Code, trading volume of your Referrals, pending Commissions and other information.

4.2. You should use diligent efforts to promote and market the Platform on third-party platforms, websites and other resources.

4.3. We may, at our sole discretion, accept or decline any Referral introduced by you and have the right to terminate the business relationship with any Referral at any time.

4.4. All data relating to users accessing the Platform, including your Referrals, will remain as EVEDEX’s sole and exclusive property, and the Affiliate has no right to such information and will not access it.

4.5. You agree and undertake that all Program activities carried out must be professional, appropriate, ethical, made in good faith and lawful under all applicable laws.

#### 5. PROHIBITED ACTIVITIES

5.1. You shall not participate in the Program in any manner that:

5.1.1. involves registering as an Affiliate to generate Commission for a self-trading account or through the use of multiple accounts controlled by you;

5.1.2. is associated with any unfair actions aimed at receiving Commissions through the involvement of bots, controlled accounts and other methods, which is not in line with the purpose of the Program and the nature of the Affiliate Agreement;

5.1.3. “crawls”, “spiders”, indexes or in any non-transitory manner stores or caches information obtained from or pertaining to any user, including the Referrals;

5.1.4. involves purchasing search ads for “EVEDEX” or operating websites/social media that could be confused with official EVEDEX channels;

5.1.5. is unlawful, illegal or unauthorised or advocates, promotes or assists any violence or any unlawful act;

5.1.6. is defamatory of any other person or is likely to harass, upset, embarrass, alarm or annoy any other person, or promotes discrimination;

5.1.7. is obscene, sexually explicit or offensive;

5.1.8. advertises or promotes any other product or business, except products and businesses of EVEDEX or its affiliates;

5.1.9. is likely to disrupt the Platform in any way;

5.1.10. infringes any copyright, trademark, trade secret, or other intellectual property right of any other person;

5.1.11. restricts or inhibits any other person from using the Platform, including, without limitation, by means of “hacking” or defacing any portion of the Platform;

5.1.12. redirect any user away from the Platform;

5.1.13. disables, damages or alters the functioning or appearance of the Platform;

5.1.14. downloads, retrieves, indexes, “data mines”, “scrapes”, “harvests”, including through any robot, spider, site search/retrieval application, or other manual, automatic device or process, information on the Platform or users;

5.1.15. sends unsolicited or unauthorised advertisements, spam, or chain letters to anyone regarding us or the Platform;

5.1.16. transmits any content which contains software viruses, or other harmful computer code, files or programs;

5.1.17. provides false, inaccurate, or misleading information about us or the Platform;

5.1.18. may be harmful to us or our users;

5.1.19. implies that your efforts are part of our business beyond participation in the Program;

5.1.20. has any negative effect on EVEDEX, its reputation, products, business; or

5.1.21. is otherwise considered unfair, offensive or inappropriate, at our sole discretion.

5.2. We reserve the right to make any adjustment to your Commission and/or remove the generated Commission at our sole discretion, suspend or terminate your Affiliate account in the event of a violation of this Section 5.

5.3. In respect of any Commissions due to be recalled pursuant to the clause 5.2 above, to the extent permitted under applicable law and with prior written notice, EVEDEX is hereby authorised at any time and from time to time to set off and apply any and all the Commissions subsequently accrued and other indebtedness at any time owing by EVEDEX to or for the credit of the account of the Affiliate (including without limitation to any funds in the Affiliate’s trading account with EVEDEX, if any) against such Affiliate’s Commissions due to be recalled, irrespective of whether or not EVEDEX shall have made any demand to recall the same or taken any other steps or measures to enforce its right. For the purpose of this Section, the Affiliate’s trading account with EVEDEX shall mean any account with EVEDEX that is (i) opened by or on behalf of the Affiliate; or (ii) controlled or managed by the Affiliate; or (iii) under common control or management with the Affiliate.

#### 6. SUB-AFFILIATE

6.1. If any of your Referrals becomes an Affiliate in the Program (the “**Referral Affiliate**”) who refers new Referrals to the Platform, then such Referral Affiliate will be deemed as a Sub-Affiliate of you, except when such Referral Affiliate declares to become a Sub-Affiliate of another Affiliate (in which case, for the avoidance of doubt, such Referral Affiliate remains your Referral, but will be treated a Sub-Affiliate of the declared Affiliate for the purpose of calculating their respective Commissions) subject to our approval. In the case of any conflicting claims as to Sub-Affiliates, we reserve the right to determine the matter at our sole discretion, and the Affiliate hereby agrees and accepts that our decision shall be final and conclusive with no liability to any party involved.

#### 7. COMISSIONS AND PAYMENT

7.1. EVEDEX shall pay you the Commission calculated in accordance with the Commission structure published on the Platform, based on internal data of EVEDEX.

7.2. Commission rates, their calculation rules and other terms and conditions related to the Commission are published on the Platform. You agree that we have the right to amend the Commission rates, calculation rules and other terms at our own discretion at any time.

7.3. Should you discover any discrepancy between your own record and our calculation available at your account, you must notify us in writing of such discrepancy within 10 (ten) working days from the date of the respective part of the Commission and provide sufficient detail of such discrepancy. If you fail to notify us within this term, our calculations shall be final and conclusive, and you are deemed to have waived all rights to contest them in any way.

7.4. Commissions shall remain payable for a minimum of 90 days. If unclaimed within that period, they may be forfeited at EVEDEX’s discretion.

7.5. Payment of the Commissions will be made in cryptocurrency to the wallet associated with your account. At EVEDEX’s sole discretion, and as deemed appropriate, EVEDEX may accommodate other methods of payment or currency.

7.6. EVEDEX is under no obligation whatsoever to pay any Commissions to anyone who does not strictly follow this Agreement or Terms of Use. If the Affiliate breaches any of its obligations or warranties, we reserve the right to withhold any Commissions due to the Affiliate and to recover from the Affiliate any amount of the payments that we had previously made before such breach.

7.7. Any tax imposed by any government, statutory, or tax authority shall be borne by the Affiliate.

#### 8. AFFILIATES’ OBLIGATIONS

8.1. The Affiliate agrees to:

8.1.1. provide and maintain accurate, complete, and up-to-date information when registering for the Program and in the Affiliate account. EVEDEX reserves the right to decline your registration. You are responsible for all activity that occurs under your Affiliate account. Unless otherwise permitted by EVEDEX, you may only possess one account and may not register for an additional Program account;

8.1.2. act solely in accordance with this Agreement and in compliance with all applicable laws and regulations, including those relating to the promotion of cryptocurrencies and finances, and online platforms’ terms and conditions and policies. If the Affiliate is a legal entity, it will ensure that its employees, personnel, associates, and agents comply with this Agreement, and the Affiliate is responsible for their conduct;

8.1.3. check and accept all risks of conducting the Program activities in jurisdictions where the Affiliate will act and where crypto marketing is restricted, and disclose the Affiliate relationship if required by law;

8.1.4. must comply with all applicable data protection laws when conducting the Affiliate activities; and

8.1.5. inform EVEDEX as promptly as reasonably practicable of any material developments or changes in the circumstances or activities of the Affiliate which could reasonably be expected to adversely impact EVEDEX and this Affiliate Agreement.

#### 9. AFFILIATES’ WARRANTIES AND INDEMNITIES

9.1. The Affiliate warrants, represents, and undertakes to EVEDEX that:

9.1.1. the Affiliate has the legal capacity and is free contractually to enter into and to perform the obligations under this Agreement;

9.1.2. in the event the Affiliate is eligible to participate in the Program, perform this Affiliate Agreement and in accordance with the Terms of Use;

9.1.3. the Affiliate is not a subject of economic or trade sanctions administered or enforced by any governmental authority or otherwise designated on any list of prohibited or restricted parties (including but not limited to the list maintained by the Office of Foreign Assets Control of the U.S. Department of the Treasury, European Union and United Kingdom) or a citizen, resident, or organised in a jurisdiction or territory that is the subject of such sanctions;

9.1.4. the Affiliate does not have any criminal convictions of any kind subsisting at the effective date;

9.1.5. the Affiliate has not posted or published any materials on any platforms and/or expressed in writing or on audio record any materials which are regarded by EVEDEX in its sole and absolute discretion as discriminatory, racist, homophobic, sexist or extremist (whether political or religious);

9.1.6. his/her content (save to the extent that he incorporates material provided by EVEDEX) will not infringe the copyright or any other rights of any third party;

9.1.7. his/her content will not contain any defamatory matter, nor breach any contract or law, nor breach any duty of confidentiality, infringe any copyright or data protection rights, nor constitute contempt of court or obscenity;

9.1.8. the rights the Affiliate has granted to EVEDEX are vested in the Affiliate absolutely and the Affiliate has not previously assigned, licensed or in any way encumbered them (save under the terms of use of the social media platform where the copyright works are posted) and the Affiliate agrees not to do so in the future; and

9.1.9. the Affiliate has disclosed in writing to EVEDEX all material facts that are relevant to its engagement as the Affiliate.

9.2. The Affiliate shall indemnify EVEDEX against all liabilities, costs, expenses, damages and losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of reputation and all interest, penalties and legal costs and all other professional costs and expenses) suffered or incurred by EVEDEX arising out of or in connection with any third-party claims or any action, adjudication or decision taken against EVEDEX by any authorities, in each case directly or indirectly arising (in whole or in part) out of any inaccuracy in or breach or non-performance of any of the representations, warranties, covenants or agreements made by such Affiliate in or pursuant to this Agreement.

#### 10. INTELLECTUAL PROPERTY RIGHTS

10.1. During the term of this Agreement, you may use the brand “EVEDEX” solely to create and use your own promotional content for the Program activities, in accordance with this Agreement, the brand guidelines, and other instructions as EVEDEX may make available to you from time to time. You shall immediately stop using such promotional content that you create upon EVEDEX’s notice.

10.2. EVEDEX has the right to reproduce, distribute, display, perform, modify and otherwise use any text, images, videos or other content, your image, your personal data (including promotional content) that you create or publish in connection with the Program for any marketing, promotional or internal business purposes, without attribution or further compensation to you.

10.3. EVEDEX brand and all associated intellectual property, including goodwill, trademarks, service marks, trade dress, logos, are all the property of EVEDEX and/or its affiliates. Your limited right to use the EVEDEX brand in connection with the Program does not give you any right, title or ownership interest with respect to the respective intellectual property. All goodwill arising from your use of the EVEDEX brand in connection with the Program, as permitted under this Agreement, will inure to the sole and exclusive benefit of EVEDEX.

10.4. You agree and acknowledge that your Affiliate activities will be of the highest quality. Should the quality of the Program activities you conduct fall below a standard deemed acceptable by EVEDEX, EVEDEX reserves the right to terminate your permission to use the EVEDEX brand if the quality is not restored within a reasonable time.

#### 11. ANNOUNCEMENT

11.1. The Affiliate agrees to refer all enquiries from the media and other third parties they receive concerning EVEDEX, the Platform, this Agreement, and the Program to EVEDEX.

11.2. The parties shall co-operate in good faith on all announcements regarding this Affiliate Agreement and the Program. The Affiliate shall not issue any announcement regarding this Affiliate Agreement, the Program or use any EVEDEX brand, without first consulting and obtaining the prior written approval of EVEDEX.

#### 12. CONFIDENTIALITY

12.1. The parties recognise that each party has a legitimate interest in maintaining confidentiality regarding this Affiliate Agreement, the subject matter of this Affiliate Agreement or any other agreements, documents or transactions referred to or contemplated herein and all trade secrets, confidential and/or proprietary knowledge or information of or disclosed by each other party which that party may receive or obtain as a result of entering into or performing its obligations under this Affiliate Agreement (collectively, “**Confidential Information**”).

12.2. Each party undertakes to the other parties that it shall keep the Confidential Information in the strictest confidence, and shall not, without the prior written consent of the party disclosing the Confidential Information, use or disclose to any person Confidential Information or information which by its nature ought to be regarded as confidential (including without limitation, any business information in respect of the each other party which is not directly applicable or relevant to the transactions contemplated by this Affiliate Agreement).

12.3. Clause 12.2 shall not prohibit disclosure or use of any Confidential Information if and to the extent:

12.3.1. the disclosure or use is required by law, any regulatory body or any stock exchange on which the shares of either party (or its holding company) are listed;

12.3.2. the disclosure or use is required for the purpose of any arbitral or judicial proceedings arising out of this Affiliate Agreement or any other agreement entered into under or pursuant to this Affiliate Agreement;

12.3.3. the disclosure is made to professional advisers or consultants of any party on a need-to-know basis and on terms that such professional advisers or consultants undertake to keep confidentiality on terms similar to the Affiliate Agreement;

12.3.4. the information is or becomes publicly available (other than as a result of any breach of confidentiality);

12.3.5. the disclosing party has given prior written approval to the disclosure or use; and

12.3.6. the Confidential Information is already in the lawful possession of the party receiving such information (as evidenced by written records) at the time of disclosure.

#### 13. LIMITATION OF LIABILITY

13.1. References to liability in this section include every kind of liability arising under or in connection with this Affiliate Agreement, including but not limited to liability in contract, tort (including negligence), misrepresentation, restitution or otherwise.

13.2. Nothing in this Affiliate Agreement limits any liability which cannot legally be limited, including liability for death or personal injury caused by negligence, and fraud or fraudulent misrepresentation.

13.3. Subject to Clause 13.2:

13.3.1. total liability of EVEDEX to the Affiliate under this Affiliate Agreement shall not exceed the Commissions payable by us to the Affiliate under this Affiliate Agreement; and

13.3.2. EVEDEX shall not have any liability to the Affiliate for any damages arising from the use or misuse of, or inability to use, the Platform, third-party content or the Affiliate account, regardless of whether such damages are direct, indirect, special, incidental or consequential damages of any character, including damages for trading losses, loss of information, business interruption or lost profits, lost savings, or loss of data, or liabilities under any contract, negligence, strict liability, or other theory arising out of or relating in any manner to the site, the platform, third-party content or the Affiliate account or for any claim or demand by any third party, even if we knew or had reason to know of the possibility of such damages, claim or demand as well as for lost profit, indirect, incidental, special or consequential loss.

13.4. EVEDEX shall have no liability for loss of publicity or loss of opportunity to enhance the Affiliate’s reputation, even if EVEDEX delays or abandons the Program.

13.5. To the maximum extent permitted by applicable law, you agree to defend, indemnify, and hold harmless us, our affiliates and employees from and against any and all claims (including third-party claims), actions, loss, liabilities, expenses, costs, or demands, including, without limitation, legal and accounting fees, directly or indirectly, resulting from or by reason of (i) your use, misuse, or inability to use the Platform, the Affiliate account, or any of the content, or any content or information that you provided to the Platform; or (ii) your breach of this Affiliate Agreement, including those documents that are expressly incorporated into this Affiliate Agreement by reference and form a part of this Affiliate Agreement.

13.6. We shall notify you by email, mail, or other appropriate means of any such claim or suit, and reasonably cooperate (at your expense) in the defence of such claim or suit. We reserve the right to participate in the defence of such claims or choose our own legal counsel, but are not obliged to do so.

13.7. Force Majeure. We will not be liable for our failure to perform any obligations under this Affiliate Agreement due to events beyond our control, and the time provided for performing such obligations shall be extended by a period of time equal to the duration of such events. Events beyond our control include, but are not limited to, acts of God, war, riot, arson, embargoes, civil commotion, strikes, labor disputes, equipment failures, bank failures, virtual currency market collapse or fluctuations, credit or debit card transaction processing failures, strikes, fire, flood, earthquake, hurricanes, tropical storms or other natural disaster or casualty, shortages of labor or material, shortage of transportation, facilities, fuel, energy, government regulation or restriction, including sanctions, acts of civil or military authority or terrorism, fiber cuts, weather conditions, breaches or failures to perform by third parties, technical problems, including hardware and software crashes and other malfunctions, failure of the telecommunications or information services infrastructure, hacking, SPAM or failure of any computer, server or software disruptions on account of or caused by vandalism, theft, phone service outages, power outage, Internet disruptions, viruses, and mechanical, power or communications failures.

#### 14. TERMINATION

14.1. EVEDEX may terminate this Affiliate Agreement by sending you a notice effective immediately, without cause or upon any breach, such breach determined at the sole and absolute discretion of EVEDEX.

14.2. The Affiliate may terminate this Affiliate Agreement by sending a written notice 30 days before the termination.

14.3. Upon termination, your rights as set forth in this Affiliate Agreement will immediately terminate, and you will immediately cease conducting all Program activities.

#### 15. OTHER PROVISIONS

***Further Assurances***

15.1. Each of the parties shall, and shall use its reasonable endeavors to procure and ensure that any necessary third party shall, from time to time execute such documents and perform such acts and things as any of the parties may reasonably require to give each of the parties the full benefit and effect of this Affiliate Agreement.

***Whole Agreement***

15.2. The Affiliate Agreement contain the whole agreement between the parties relating to the subject matter of this Affiliate Agreement at the effective date to the exclusion of any terms implied by law which may be excluded by contract and supersedes any other previous written or oral agreement between the parties in relation to the matters dealt with in this Affiliate Agreement.

***Waiver***

15.3. Any liability to any party under this Affiliate Agreement may in whole or in part be released, compounded or compromised, or time or indulgence given, by it in its absolute discretion as regards the other party under such liability without in any way prejudicing or affecting its rights against such other party in any other respect.

15.4. No failure on the part of any party to exercise and no delay on the part of any party in exercising any right hereunder will operate as a release or waiver thereof, nor will any single or partial exercise of any right under this Affiliate Agreement preclude any other or further exercise of it or any other right or remedy.

***Assignment***

15.5. The Affiliate shall not assign, transfer, mortgage, charge, subcontract, declare a trust over or deal in any other manner with any of their rights and obligations under this Affiliate Agreement without prior written consent of EVEDEX.

15.6. EVEDEX may at any time assign, mortgage, charge, subcontract, delegate, declare a trust over or deal in any other manner with any or all of its rights and obligations under this Affiliate Agreement without reference to the Affiliate but by serving a written notice on you, which takes effect upon the delivery of such notice.

***Third Party Rights***

15.7. A person who is not a party to this Affiliate Agreement has no right to enforce any term of, or enjoy any benefit under, this Affiliate Agreement.

***Costs and Expenses***

15.8. Each party shall pay its own taxes, legal, professional and other costs and expenses in connection with the execution and performance of this Affiliate Agreement.

***Notices***

15.9. Any notice required under this Affiliate Agreement shall be given:

15.9.1. to EVEDEX: in writing and sent to the address and email address indicated below;

15.9.2. to the Affiliate: through the Affiliate account with immediate effect.

***Invalidity***

15.10. If any provision in this Affiliate Agreement shall be held to be illegal, invalid or unenforceable, in whole or in part, the provision shall apply with whatever deletion or modification is necessary so that the provision is legal, valid and enforceable and gives effect to the commercial intention of the parties.

15.11. To the extent it is not possible to delete or modify the provision, in whole or in part, under Clause 15.10, then such provision or part of it shall, to the extent that it is illegal, invalid or unenforceable, be deemed not to form part of this Affiliate Agreement and the legality, validity and enforceability of the remainder of this Affiliate Agreement shall, subject to any deletion or modification made under Clause 15.10, not be affected.

***Translation***

15.12. This Affiliate Agreement may be translated into another language. However, in the event of any inconsistency between the English language version and a translated version, this English version will at all times prevail.

***Nature of Agreement***

15.13. Nothing in this Affiliate Agreement will create, or be deemed to create a partnership, a joint venture, an agency, a fiduciary duty or a contract of employment between the parties. The only relationship created by this Affiliate Agreement is that of independent contractors, and EVEDEX will not, in any event, be regarded as the employer of the Affiliate. Except as expressly provided herein, neither party by virtue of this Affiliate Agreement has the authority to transact any business in the name of the other party or on its behalf or to incur any liability for or on behalf of the other party.

***Jurisdiction and Dispute Resolution***

15.14. This Affiliate Agreement shall be governed by and construed in accordance with the laws of England and Wales.

15.15. Each Party irrevocably agrees that the courts of Saint Lucia shall have exclusive jurisdiction to settle any dispute or claim arising out of or in connection with this Affiliate Agreement or its subject matter or formation (including non-contractual disputes or claims).

15.16. Before commencing any legal proceedings in connection with this Affiliate Agreement, the parties shall seek to resolve any dispute, controversy or claim arising out of or in relation to this Affiliate Agreement (including any question regarding its existence, validity or termination) through good faith negotiations. Either party may initiate this process by giving written notice to the other party of the dispute and the matters in dispute. Upon such notice, the parties shall use all reasonable endeavours to meet (in person or virtually) within 14 (fourteen) days to resolve the dispute.

***Amendments***

15.17. EVEDEX reserves the right to unilaterally modify this Affiliate Agreement (including the contents above) and the terms and conditions of the Program, if necessary. If any changes are made, they will be published on the Platform. Please regularly check the latest information posted on the Platform to inform yourself of any changes. Your continued use of, access to or participation in the Program and/or the Platform following the posting of any changes constitutes acceptance of those changes.

#### 16. CONTACTING US

You may contact EVEDEX regarding this Affiliate Agreement or the Platform as follows:

EVEDEX Ltd

Address: Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, LC01 101, Saint Lucia Registration number: 2024-00551

e-mail: <info@evedex.com>


# Global

The documents listed below apply to all users accessing our platform.

{% content-ref url="/pages/pgcXGj2udpIewugJzEEP" %}
[General Terms of Use](/legal/global/terms-of-use-global)
{% endcontent-ref %}

{% content-ref url="/pages/en7lPjCVs4054kSKR588" %}
[Terms of Use: Interface](/legal/global/terms-of-use-interface)
{% endcontent-ref %}

{% content-ref url="/pages/MXcHGeufrbqFeMQyoKX9" %}
[Terms of Use: Funded Subaccounts](/legal/global/terms-of-use-funded-subaccounts)
{% endcontent-ref %}

{% content-ref url="/pages/9eHIAb4Zm54mU3akYHB4" %}
[Privacy Policy](/legal/global/privacy-policy-global)
{% endcontent-ref %}

{% content-ref url="/pages/8wyxRzU9ypQl9FJA36Rx" %}
[Cookie Policy - Global](/legal/global/cookie-policy-global)
{% endcontent-ref %}

{% content-ref url="/pages/GU0dy8Bo6Q4LFQ4YZx8O" %}
[Affiliate Agreement](/legal/global/affiliate-agreement)
{% endcontent-ref %}

{% content-ref url="/pages/OMapktpJvoUv80eGAcXZ" %}
[Subscription Agreement](/legal/global/subscription-agreement)
{% endcontent-ref %}

{% content-ref url="/pages/YxcaX9KnUnIiRmsZ5gKg" %}
[Lucky Shot Terms](/legal/global/lucky-shot-terms)
{% endcontent-ref %}

{% content-ref url="/pages/pSuxdxISa0GNzcQ6cc7I" %}
[Event Rules](/legal/global/event-rules)
{% endcontent-ref %}

{% content-ref url="/pages/gV2aXe3p2yWkGz7yZtJk" %}
[AI Bots](/legal/global/ai-bots)
{% endcontent-ref %}


# General Terms of Use

{% hint style="info" %}
Last modified: 24 February 2026
{% endhint %}

WE ARE NOT REGISTERED WITH THE U.S. SECURITIES AND EXCHANGE COMMISSION OR COMMODITY FUTURES EXCHANGE COMMISSION IN ANY CAPACITY. THE SERVICES WERE NOT DEVELOPED FOR, AND ARE NOT AVAILABLE TO PERSONS OR ENTITIES WHO RESIDE IN, ARE LOCATED IN, ARE INCORPORATED IN, OR HAVE A REGISTERED OFFICE OR PRINCIPAL PLACE OF BUSINESS IN THE UNITED STATES OF AMERICA.

THE SERVICES ARE NOT FOR UK RETAIL.

YOU UNDERSTAND AND ACKNOWLEDGE THAT WE DO NOT BROKER TRADING ORDERS ON YOUR BEHALF. WE ALSO DO NOT FACILITATE THE EXECUTION OR SETTLEMENT OF YOUR TRADES, WHICH OCCUR ENTIRELY ON PUBLIC DISTRIBUTED BLOCKCHAINS.

#### 1. General

1.1. These general terms of use, together with any documents and additional terms they expressly incorporate by reference, which includes any other terms and conditions or other agreement that EVEDEX (“**Evedex**”, “**we**,” “**us**” and “**our**”) posts publicly or makes available to you or the company or other legal entity you represent (“**you**” or “**your**”) (collectively, the “**Terms**”), are entered into between Evedex and you concerning your use of, and access to:

1.1.1. Evedex websites, including evedex.com (and their respective subdomains), mobile applications (collectively, the “**Site**”);

1.1.2. all services available via the Site, including the Interface; and

1.1.3. affiliate program.

(collectively the “**Services**”).

1.2. Please note that the Services may be provided by different entities depending on the Service and/or your location.

1.3. Please read these Terms carefully, as these Terms govern your use of the Services. These Terms expressly cover your rights and obligations, and our disclaimers and limitations of legal liability, relating to your use of, and access to, the Services. By clicking “I agree” (or a similar language) to these Terms, acknowledging these Terms by other means, or otherwise accessing or using the Services, you accept and agree to be bound by and to comply with these Terms. If you do not agree to these Terms, then you must not access or use the Services.

#### 2. Eligibility

2.1. To access or use any of our Services, you must be able to form a legally binding contract with us. Accordingly, you represent that you are at least the age of majority in your jurisdiction (e.g., 18 years old) and have the full right, power, and authority to enter into and comply with the Terms on behalf of yourself and any legal entity for which you may access or use the Services. If you are entering into the Terms on behalf of an entity, you represent to us that you have the legal authority to bind such entity.

2.2. You further represent that: (a) you are not a resident of the U.S. and/or Canada, (b) the subject of economic or trade sanctions administered or enforced by any governmental authority or otherwise designated on any list of prohibited or restricted parties, or (c) a citizen, resident, or organized in a jurisdiction or territory that is the subject of comprehensive country-wide, territory-wide, or regional economic sanctions; or (d) if you are in the UK, you fall under exemptions in accordance with the Financial Services and Markets Act as investment professionals (Article 19); high net worth companies, unincorporated associations etc. (Article 49); and sophisticated investors (Article 50).

2.3. We make no representations or warranties that the information, products, or services provided through our Services, are appropriate for access or use in other jurisdictions. You are not permitted to access or use our Services in any jurisdiction or country if it would be contrary to the law or regulation of that jurisdiction or if it would subject us to the laws of, or any registration or licensing requirement with, such jurisdiction. We reserve the right to limit the availability of our Services to any person, geographic area, or jurisdiction, at any time and at our sole and absolute discretion.

2.4. Finally, you represent that your access and use of any of our services will fully comply with all applicable laws and regulations, and that you will not access or use any of our services to conduct, promote, or otherwise facilitate any illegal activity.

#### 3. Our Services

3.1. **The Interface**: the Interface is provided in accordance with the “Terms of Use: Interface”, which are deemed included to these Terms by reference.

3.2. **Affiliate program:** the affiliate program is provided under our Affiliate Agreement, which is deemed included to these Terms by reference.

3.3. **AI Bots**: the trading bots are provided in accorance with the “AI Bots” terms, which is deemed included to these Terms by reference.

3.4. **Third Party Services and Content.** Our services may include integrations, links or other access to third party services, sites, technology, content and resources (each a “**Third-Party Service**”). Your access and use of the Third-Party Services may also be subject to additional terms and conditions, privacy policies, or other agreements with such third party. You, and not Evedex, will be responsible for any and all costs and charges associated with your use of any Third-Party Services. Evedex enables these Third-Party Services merely as a convenience and the integration or inclusion of such Third-Party Services does not imply an endorsement or recommendation. Any dealings you have with third parties while using our services are between you and the third party. Evedex will not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any Third-Party Services.

3.5. Some Third-Party Services will provide us with access to certain information that you have provided to third parties, including through such Third-Party Services, and we will use, store and disclose such information in accordance with our Privacy Policy. For more information about the implications of activating Third-Party Services and our use, storage and disclosure of information related to you and your use of such Third-Party Services within our services, please see our Privacy Policy. Evedex has no control over and is not responsible for such Third-Party Services, including for the accuracy, availability, reliability, or completeness of information shared by or available through Third-Party Services, or on the privacy practices of Third-Party Services. We encourage you to review the privacy policies of the third parties providing Third-Party Services prior to using such services.

#### 4. Your Responsibilities

4.1. By using or accessing the Site and the Services, you represent and warrant that

4.1.1. you understand that there are inherent risks associated with virtual currency, and the underlying technologies including, without limitation, cryptography and blockchain, and you agree that Evedex is not responsible for any losses or damages associated with these risks.

4.1.2. you are solely responsible for safeguarding wallet seed phrases and account credentials;

4.1.3. you understand that we do not guarantee profits or prevent manipulative strategies by copy traders, and you are fully responsible for the chosen trading strategy;

4.1.4. you understand how liquidation and auto-deleveraging (ADL) mechanisms work and accept all losses that may be incurred by you due to these mechanisms perfomed by the protocol on the basis of automated smart-contract execution, not us;

4.1.5. you understand that the protocol employs advanced surveillance systems to detect suspicious trading patterns, anomalous order behavior, coordinated manipulative activity and other infringing activities, and this may result in immediate suspension of Services and limiting the ability to use certain Services;

4.1.6. you understand that your digital assets could be impacted by one or more regulatory inquiries or regulatory actions, which could impede or limit the ability of the Company to allow you the access to the Services; and

4.1.7. you understand that cryptography is a progressing field with advances in code cracking or other technical advancements, which may present risks to digital assets and the services, and could result in the theft or loss of your digital assets.

4.1.8. when trading perpetual contracts referencing real-world asset-backed tokens (including, without limitation, XAUT/USDT), you understand and acknowledge that: (i) such tokens are issued by third parties not affiliated with EVEDEX, and EVEDEX makes no representations regarding the solvency, custodial arrangements, or regulatory compliance of such issuers; (ii) trading a perpetual contract referencing such tokens does not constitute ownership of, or any claim on, the underlying physical asset (including physical gold); (iii) the price of such tokens may diverge from the price of the underlying physical asset due to liquidity conditions, issuer-specific events, or other factors; and (iv) regulatory treatment of real-world asset-backed tokens varies by jurisdiction and may be subject to change.

4.2. You acknowledge that we are not responsible for any of these variables or risks, do not own or control the protocol, and cannot be held liable for any resulting losses that you experience while accessing or using the Services.

4.3. Accordingly, you understand and agree to assume full responsibility for all of the risks of accessing and using the Services.

4.4. By using the Services, you expressly waive and release the Company, its affiliates, directors, officers and employees from any and all liability, claims, causes of action or damages arising from or in any way relating to your use of the Services, including in respect of any trading losses, liquidation events, auto-deleveraging (ADL) or other financial impact; any reliance on market data, token values, or information displayed on the Site or vie the Services, which may be inaccurate or delayed; any regulatory, tax, or legal consequences arising from your use of the Services.

#### 5. Prohibited Activity

5.1. You agree not to engage in, or attempt to engage in, any of the following categories of prohibited activity in relation to the Services:

5.1.1. Activity that infringes on or violates any copyright, trademark, service mark, patent, right of publicity, right of privacy, or other proprietary or intellectual property rights under the law;

5.1.2. Activity that seeks to interfere with or compromise the integrity, security, or proper functioning of any computer, server, network, personal device, or other information technology system, including, but not limited to, the deployment of viruses and denial of service attacks;

5.1.3. Activity that seeks to defraud us or any other person or entity, including, but not limited to, providing any false, inaccurate, or misleading information in order to unlawfully obtain the property of another;

5.1.4. Market Manipulation. Activity that violates any applicable law, rule, or regulation concerning the integrity of trading markets, including, but not limited to, the manipulative tactics commonly known as "rug pulls", pumping and dumping, and wash trading;

5.1.5. Securities and Derivatives Violations. Activity that violates any applicable law, rule, or regulation concerning the trading of securities or derivatives, including, but not limited to, the unregistered offering of securities and the offering of leveraged and margined commodity products to retail customers in the United States;

5.1.6. Sale of Stolen Property. Buying, selling, or transferring of stolen items, fraudulently obtained items, items taken without authorization, and/or any other illegally obtained items, including money laundering activities;

5.1.7. Data Mining or Scraping. Activity that involves data mining, robots, scraping, or similar data gathering or extraction methods of content or information from any of our services;

5.1.8. Unlawful actions. Activity that violates any applicable law, rule, or regulation in any relevant jurisdiction, including, but not limited to, anti-money laundering and anti-terrorist financing laws, regulations related to the restrictions and sanctions;

5.1.9. Breach of the Terms;

5.1.10. Circumvention of any content-filtering techniques, security measures or access control, including through the use of a VPN;

5.1.11. Use of any robot, spider, crawler, scraper or other automated means or interface not provided by us to access the Services, to extract data, or to introduce any malware, virus, Trojan horse, worm, logic bomb, drop-dead device, backdoor, shutdown mechanism or other harmful material into the Site;

5.1.12. Activity that employs bots, scripts, or other automated methods of interaction with the Site or other Services which disrupt the normal functioning of the Site, Protocol or related systems;

5.1.13. Activities aimed at the exploitation of vulnerabilities in the trading, leveraging, liquidation or ADL mechanisms of the Protocol;

5.1.14. Providing false, inaccurate, or misleading information while using the Site;

5.1.15. Use or access the Site or Services to transmit digital assets that are the direct or indirect proceeds of any criminal or fraudulent activity, including terrorism or tax evasion;

5.1.16. regardless of whether such activities are prohibited by applicable law in your jurisdiction, Spoofing and Layering; Wash Trading and Self-Trading; Liquidation Hunting; Oracle and Mark Price Manipulation; Pump and Dump Schemes; Funding Rate Manipulation; Quote Stuffing and Message Flooding; Front-Running and MEV Exploitation; Coordinated Group Manipulation and Sybil Attacks; Cross-Exchange Manipulation; Momentum Ignition; Insurance Fund and Auto-Deleveraging Exploitation; Protocol Vulnerability Exploitation and any other bad faith behaviour;

5.1.17. Attempt to engage, or procure third parties to engage, in any of the activities prohibited under this section or any other provision of these Terms.

5.2. If you are engaged in any prohibited activity, we may immediately suspend any Services, terminate these Terms with you, restrict your access to the Site and Services and you agree to indemnify and hold harmless the Company and its officers, directors, employees, contractors, agents, affiliates, and subsidiaries from and against any and all claims, damages, losses, liabilities, costs, and expenses, including reasonable legal fees, arising out of or related to such prohibited activity.

#### 6. Non-Custodial; No Fiduciary Duties; No Financial Advice

6.1. We provide a purely non-custodial applications, meaning we do not have custody or possession of your digital assets at any time. It further means you are solely responsible for the custody of the cryptographic private keys to the digital asset wallets you hold and you should never share your wallet credentials or seed phrase with anyone. We accept no responsibility for, or liability to you, in connection with your use of a wallet and make no representations or warranties regarding how any of our services will operate with any specific wallet. Likewise, you are solely responsible for any associated wallet and we are not liable for any acts or omissions by you in connection with or as a result of your wallet being compromised.

6.2. These Terms are not intended to, and does not, create or impose any fiduciary duties on us. To the fullest extent permitted by law, you acknowledge and agree that we owe no fiduciary duties or liabilities to you 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. You further agree that the only duties and obligations that we owe you are those set out expressly in these Terms.

6.3. Any information provided on the Site and in the course of the Services is for informational purposes only and should not be construed as professional, technical, operational, investment, financial, legal or other advice.

6.4. Any information available on the Site or through the Services may be incomplete, outdated, or inaccurate. You are solely responsible for verifying the accuracy and relevance of such information before making any decisions or taking any action. Before you make any professional, technical, operational, investment, financial, legal or other decisions, you should seek independent professional advice from the appropriate third-party.

#### 7. Modifications of these Terms or our Services

7.1. **Modifications of these Terms**. We reserve the right, in our sole discretion, to modify these Terms from time to time. If we make any material modifications, we will notify you by updating the date at the top of these Terms and by maintaining a current version of these Terms at <https://www.evedex.com/>. All modifications will be effective when they are posted, and your continued accessing or using any of the services will serve as confirmation of your acceptance of those modifications. If you do not agree with any modifications to these Terms you must immediately stop accessing and using all of our services.

7.2. **Modifications of our Services**. We reserve the following rights, which do not constitute obligations of ours: (a) with or without notice to you, to modify, substitute, eliminate or add to any of the Services; (b) to review, modify, filter, disable, delete and remove any and all content and information from any of the Services.

#### 8. Termination

8.1.       We may suspend, restrict, or terminate your access to the Services at any time, with or without notice, for any reason or without reason, including where: (i) you have violated these Terms; (ii) we are required to do so by applicable law, regulation, or a competent authority; (iii) we reasonably believe your use of the Services creates legal or reputational risk to us; or (iv) we discontinue the Services.

8.2.       You may cease using the Services at any time by discontinuing your access to and use of the Services. Ceasing to use the Services does not: (a) terminate any obligations or liabilities you have incurred to us prior to the date of cessation; (b) affect any of your interactions already initiated through the protocol, which will continue to be governed by the protocol’s automated mechanisms; or (c) relieve you of any indemnification obligations arising from your prior use of the Services.

8.3.       **Effect of Termination**: Upon termination, all rights granted to you under these Terms will immediately cease. You will retain the ability to interact directly with the protocol via on-chain methods independently of the Interface. Any open positions at the time of termination will continue to be governed by the protocol's smart contracts.

8.4.       **Survival**: Sections relating to liability, indemnification, intellectual property, and dispute resolution shall survive termination.

#### 9. Intellectual Property Rights

9.1. We own all intellectual property and other rights in each of our Services and its respective contents, including, but not limited to, software, databases, text, images, trademarks, service marks, copyrights, patents, designs, and any other intellectual property, unless stated otherwise. Subject to the terms of these Terms, we grant you a limited, revocable, non-exclusive, non-sublicensable, non-transferable license to access and use our Services solely in accordance with these Terms. You agree that you will not use, modify, distribute, tamper with, reverse engineer, disassemble or decompile any of our intellectual property for any purpose other than as expressly permitted under these Terms. Except as set forth under these Terms, we grant you no rights to any of our Services, including any intellectual property rights.

9.2. By using any of our Services, you grant us a worldwide, non-exclusive, sublicensable, royalty-free license to use, copy, modify, and display any content, including but not limited to text, including bug reports, feedback, materials, images, files, communications, comments, feedback, suggestions, ideas, concepts, questions, data, or otherwise, that you post on or through any of our Services for our current and future business purposes, including to provide, promote, and improve the Services. You grant to us a non-exclusive, transferable, worldwide, perpetual, irrevocable, fully-paid, royalty-free license, with the right to sublicense, under any and all intellectual property rights that you own or control to use, copy, modify, create derivative works based upon any suggestions or feedback for any purpose.

9.3. **Third-Party Resources and Promotions**. Our services may contain references or links to third-party resources, including, but not limited to, information, materials, products, or services, that we do not own or control. In addition, third parties may offer promotions related to your access and use of our services. We do not approve, monitor, endorse, warrant or assume any responsibility for any such resources or promotions. If you access any such resources or participate in any such promotions, you do so at your own risk, and you understand that these Terms do not apply to your dealings or relationships with any third parties. You expressly relieve us of any and all liability arising from your use of any such resources or participation in any such promotion.

#### 10. Additional Rights

10.1. We reserve the right to cooperate with any law enforcement, court or government investigation or order or third party requesting or directing that we disclose information or content or information that you provide.

10.2. We may introduce verification process and request additional document from you, if this is required by applicable laws and regulations in respective jurisdiction or necessary to ensure security of the Services, Protocol, Site. Failure to comply with this may result in the termination of the Services and restriction of access to the Services.

10.3. We may use publicly available information, as well as Third-Party Services, to assess the risks associated with illicit or non-compliant activities, phishing, or other potential threats.

#### 11. No Warranties

11.1. Unless states otherwise in the Terms, The Services are provided on an "as is" and "as available" basis. To the fullest extent permitted by law, we disclaim any representations and warranties of any kind, whether express, implied, or statutory, including, but not limited to, the warranties of merchantability and fitness for a particular purpose. You acknowledge and agree that your use of the Services is at your own risk. No advice, information, or statement that we make should be treated as creating any warranty concerning the Services. We do not endorse, guarantee, or assume responsibility for any advertisements, offers, or statements made by third parties concerning the Services.

11.2. We make no warranties or representations, express or implied, about linked third party services, the third parties they are owned and operated by, the information contained on them, assets available through them, or the suitability, privacy, or security of their products or services. You acknowledge sole responsibility for and assume all risk arising from your use of third-party services, third-party websites, applications, or resources. We shall not be liable under any circumstances for damages arising out of or in any way related to software, products, services, and/or information offered or provided by third-parties and accessed through the Site. For the avoidance of doubt, Evedex makes no representations or warranties regarding the accuracy of any price feed referencing third-party issued tokens, the sufficiency of reserves backing such tokens, or the continued availability of any token for trading on the Protocol.

#### 12.Limitation of Liability

12.1. Under no circumstances shall we be liable to you for any indirect, punitive, incidental, special, consequential, or exemplary damages, including, but not limited to, damages for loss of profits, goodwill, use, data, or other intangible property, arising out of or relating to any access or use of or inability to access or use the Services, nor will we be responsible for any damage, loss, or injury resulting from hacking, tampering, or other unauthorized access or use of the Services or the information contained within them, whether such damages are based in contract, tort, negligence, strict liability, or otherwise, arising out of or in connection with authorized or unauthorized use of the Services, even if an authorized representative of the Company has been advised of or knew or should have known of the possibility of such damages. We assume no liability or responsibility for any: (a) errors, mistakes, or inaccuracies of content; (b) personal injury or property damage, of any nature whatsoever, resulting from any access or use of the Services; (c) unauthorized access or use of any secure server or database in our control, or the use of any information or data stored therein; (d) interruption or cessation of function of the Services; (e) bugs, viruses, trojan horses, or the like that may be transmitted to or through the Services; (f) errors or omissions in, or loss or damage incurred as a result of the use of, any content made available through the Site or Services; and (g) the defamatory, offensive, or illegal conduct of any third party.

12.2. We have no liability to you or to any third party for any claims or damages that may arise as a result of any payments or transactions that you engage in via the Site or Services.

12.3. If applicable law does not allow the limitation of liability for personal injury, or of incidental or consequential damages, so this limitation may not apply to you. In no event shall our total liability to you for all damages (other than as may be required by applicable law in cases involving personal injury) exceed the amount of two hundred USD dollars ($200.00) or its equivalent in the local currency of the applicable jurisdiction.

12.4. The foregoing disclaimer will not apply to the extent prohibited by law.

#### 13. Indemnification

13.1. You agree to hold harmless, release, defend, and indemnify us, our affiliates, our and our affiliates' respective officers, directors, employees, contractors, agents, service providers, licensors, and representatives (collectively, the "**Indemnified Parties**") from and against all claims, damages, obligations, losses, liabilities, costs, and expenses (including reasonable attorney's fees) arising from or relating to:

13.1.1. your access and use of any of our Services;

13.1.2. your violation of any term or condition of these Terms, the right of any third party, or any other applicable law, rule, or regulation;

13.1.3. any other party's access and use of the Services with your assistance or using any device or account that you own or control;

13.1.4. any dispute between you and any other user of the Services; and

13.1.5. any dispute between you and any of your own customers or users.

13.2. We reserve the right to assume the exclusive defense and control of any matter which is subject to indemnification under this section, and you agree to cooperate with any reasonable requests assisting our defense of such matter. You may not settle or compromise any claim against any Indemnified Party without our written consent.

#### 14. Governing Law

14.1. You agree that the English laws, without regard to principles of conflict of laws, govern these Terms and any dispute between you and us.

#### 15. Dispute Resolution

15.1. We will use our reasonable endeavours to resolve any potential disputes through informal, good-faith negotiations. If a potential dispute arises, you must contact us by sending an email to <legal@evedex.com> so that we can attempt to resolve it without resorting to formal dispute resolution. If we are not able to reach an informal resolution within sixty (60) days of your email, then you and we both agree to resolve the potential dispute according to the arbitration clause herein.

15.2. Any dispute arising out of or in connection with the Terms, including any question regarding its existence, validity or termination, shall be referred to and finally resolved by arbitration under the LCIA Rules, which Rules are deemed to be incorporated by reference into this clause.

15.3. You understand that you are required to resolve all disputes by binding arbitration. The arbitration shall be held on a confidential basis before a single arbitrator, who shall be selected pursuant to LCIA rules. The arbitration will be held in London, unless you and we both agree to hold it elsewhere.

15.4. Unless we agree otherwise, the arbitrator may not consolidate your claims with those of any other party.

15.5. Any judgment on the award rendered by the arbitrator may be entered in any court of competent jurisdiction.

#### 16. Assignment

16.1. You may not assign or transfer agreement between us, by operation of law or otherwise, without our prior written consent. Any attempt by you to assign or transfer the agreement without our prior written consent shall be null and void. We may freely assign or transfer these Terms. Subject to the foregoing, these Terms will bind and inure to the benefit of the parties, their successors and permitted assigns.

#### 17. Notice

17.1. We may provide any notice to you under these Terms using commercially reasonable means, including using public communication channels. Notices we provide by using public communication channels will be effective upon posting.

#### 18. Severability

18.1. If any provision of these Terms shall be determined to be invalid or unenforceable under any rule, law, or regulation of any local, state, or federal government agency, such provision will be changed and interpreted to accomplish the objectives of the provision to the greatest extent possible under any applicable law and the validity or enforceability of any other provision of these Terms shall not be affected.

#### 19. Entire Agreement

19.1. These Terms constitute the entire agreement between you and us with respect to the subject matter hereof. These Terms supersede any and all prior or contemporaneous written and oral agreements, communications and other understandings (if any) relating to the subject matter of the Terms.


# Risk Disclosure Statement

RISKS OF TRADING ON EVEDEX. PLEASE READ IT IN FULL BEFORE USING THE PLATFORM. TRADING LEVERAGED DERIVATIVES INVOLVES A HIGH RISK OF LOSS AND IS NOT SUITABLE FOR ALL USERS.

## 1.      Purpose and Scope

This Risk Disclosure Statement ("Statement") is issued by EVEDEX ("we", "us", "our"), the operator of the EVEDEX platform accessible at exchange.evedex.com and associated mobile applications. It is provided to ensure that users understand the material risks involved in accessing and using the EVEDEX platform before engaging in any trading activity.

This Statement forms part of, and should be read together with, our General Terms of Use and Terms of Use: Interface. Capitalised terms used but not defined herein have the meanings given to them in those documents.

This Statement does not, and is not intended to, disclose all risks associated with trading perpetual futures contracts. It highlights the principal risks that we consider most material to users of EVEDEX.

## 2.      Who May Use EVEDEX

The EVEDEX platform is intended solely for users who:

•       are of legal age in their jurisdiction of residence;

•       have sufficient knowledge and experience to understand the nature and risks of leveraged derivative trading;

•       are capable of bearing the full financial loss of any funds deployed on the platform; and

•       are not resident in, located in, incorporated in, or operating from the United States of America, the United Kingdom (except as permitted under applicable exemptions for investment professionals, high net worth entities, and sophisticated investors), or any jurisdiction subject to comprehensive economic sanctions.

## 3.      Risks of Leveraged Perpetual Futures Trading

## 3.1.      Leverage and Margin

Perpetual futures contracts on EVEDEX allow users to open positions significantly larger than their deposited collateral by using leverage. While leverage can amplify returns, it equally amplifies losses. For example:

•       At 10x leverage, a 10% adverse price movement results in the complete loss of your initial margin.

•       At 20x leverage, a 5% adverse price movement results in the complete loss of your initial margin.

•       At 50x leverage, a 2% adverse price movement results in the complete loss of your initial margin.

Higher leverage substantially reduces the price distance between your entry price and your liquidation price. You should carefully consider your leverage selection before opening any position.

## 3.2.      Liquidation Risk

If the mark price of your position reaches your liquidation price (calculated based on your selected leverage and the applicable maintenance margin ratio) the protocol will automatically close your position. Liquidation occurs without prior notice and may result in a partial or total loss of your collateral. In volatile market conditions, slippage at the time of liquidation may result in losses exceeding your deposited margin.

## 3.3.      Auto-Deleveraging (ADL)

In circumstances where the insurance fund is insufficient to cover losses arising from a liquidated position, the platform's Auto-Deleveraging mechanism may automatically reduce the positions of profitable counterparties. Your profitable position may be closed at a price determined by the protocol without your consent. EVEDEX accepts no liability for losses arising from ADL events.

## 3.4.      Funding Rate Risk

Perpetual futures contracts use a funding rate mechanism to maintain price convergence with the underlying spot market. Funding payments are exchanged periodically between long and short position holders. Funding rates can be materially positive or negative and may fluctuate significantly in response to market conditions. Holding a leveraged position for an extended period can result in substantial cumulative funding costs that erode the value of your position independently of price movements.

## 4.      Market and Price Risks

## 4.1.      Volatility

Digital asset markets, including the markets for assets traded on EVEDEX, are highly volatile. Prices can move rapidly and unpredictably in response to news, regulatory developments, macroeconomic events, and market sentiment. Past price performance is not indicative of future results.

## 4.2.      Liquidity Risk

Liquidity in perpetual futures markets on EVEDEX may be limited, particularly for newer or less-traded pairs. Insufficient market depth may result in:

•       significant slippage between your intended execution price and the actual fill price;

•       inability to close a position at your target price, particularly during periods of high volatility; and

•       wider bid-ask spreads increasing the effective cost of trading.

## 4.3.      Oracle and Mark Price Risk

The mark price used to determine unrealised profit and loss, margin ratios, and liquidation triggers is derived from price oracles that aggregate data from external sources. Oracle prices may diverge from prices on specific trading venues due to latency, data feed failures, or market stress. An inaccurate or manipulated oracle price may result in incorrect liquidations or funding rate settlements. EVEDEX does not guarantee the accuracy or continuity of oracle price feeds.

## 4.4.      Market Manipulation

Digital asset markets are susceptible to manipulation, including but not limited to wash trading, spoofing, and coordinated pump-and-dump schemes. Such activity may distort prices and trigger unintended liquidations. EVEDEX monitors for manipulative behaviour and prohibits it under our Terms of Use, but cannot guarantee the integrity of external market prices.

## 5.      Specific Risks: RWA Perpetual Contracts

The RWA perpetual contract references the market price of respective token representing RWA (e.g. XAUT). Users trading this contract should be aware of the following risks in addition to the general risks described above.

## 5.1.      No Ownership of RWA

Trading RWA perpetual contracts on EVEDEX does not constitute ownership of, or any claim on, real asset or respective tokens. All perpetual contracts are cash-settled in USDT. You will not asset, asset referenced tokens, or any other physical commodity or stock upon closing a position.

## 5.2.      Third-Party Issuer Risk

Respective tokens are issued by third parties, unaffiliated with EVEDEX. EVEDEX makes no representations or warranties regarding:

•       the sufficiency or existence of the reserves backing RWA tokens;

•       the financial condition or solvency of the issuers of tokens;

•       the continued availability of RWA tokens for trading or redemption; or

•       any regulatory action taken against issuer of the RWA token or the RWA token in any jurisdiction.

Events affecting the respective issuer may adversely and rapidly affect the price of the token and, by extension, the value of your positions.

## 5.3.      RWA Price Risk

RWA prices are influenced by macroeconomic factors including inflation expectations, central bank monetary policy, geopolitical developments, and currency fluctuations. These factors differ materially from the drivers of cryptocurrency price movements and may result in price behaviour that is unfamiliar to users whose experience is primarily in crypto-native assets.

## 5.4.      Jurisdictional Restrictions

RWA tokens are subject to regulatory restrictions in certain jurisdictions, including the United States. Trading RWA perpetual contracts may be subject to additional legal restrictions in your jurisdiction beyond those applicable to cryptocurrency derivatives generally. It is your sole responsibility to verify that your access to and trading of this contract is lawful under all applicable laws and regulations in your jurisdiction.

## 6.      Technology and Protocol Risks

## 6.1.      Smart Contract Risk

The EVEDEX protocol is governed by smart contracts deployed on the Eventum blockchain. Smart contracts may contain bugs, vulnerabilities, or logic errors that could result in the loss or inaccessibility of funds. While EVEDEX takes reasonable steps to audit and test its smart contracts, no audit eliminates the possibility of undiscovered vulnerabilities. By using the platform, you accept the risk of smart contract failure.

## 6.2.      Blockchain and Network Risk

The availability and performance of the EVEDEX platform depends on the correct functioning of the Eventum blockchain, the Arbitrum ecosystem, and the Ethereum mainnet. Network congestion, sequencer failures, validator outages, or other technical issues may delay or prevent the execution of transactions, the withdrawal of funds, or the operation of the platform. EVEDEX cannot guarantee uninterrupted access to the platform.

## 6.3.      Bridge and Cross-Chain Risk

Depositing and withdrawing funds from EVEDEX may involve the use of cross-chain bridges. EVEDEX does not operate any bridge infrastructure and makes no representations regarding the security or reliability of third-party bridges. Bridge failures or exploits may result in the permanent loss of funds in transit.

## 6.4.      Wallet and Key Security

Access to the EVEDEX platform requires a non-custodial wallet under your sole control. Loss of your private key or seed phrase will result in permanent and irrecoverable loss of access to your wallet and all assets held therein. EVEDEX has no ability to assist in recovering lost wallet credentials.

## 7.      Regulatory and Legal Risks

The regulatory treatment of digital assets, derivative contracts, and decentralised trading platforms varies significantly across jurisdictions and is subject to rapid and unpredictable change. Regulatory actions may include, without limitation:

•       classification of perpetual futures contracts as regulated financial instruments, requiring registration or licensing by EVEDEX or its users;

•       restrictions on access to the platform from specific jurisdictions;

•       requirements to collect and verify user identity information; and

•       civil or criminal enforcement actions against platforms, operators, or users.

EVEDEX is not registered with any financial regulatory authority as a securities broker, commodities dealer, or derivatives exchange. We do not provide regulated financial services. It is your responsibility to determine whether your use of EVEDEX is lawful in your jurisdiction and to comply with all applicable laws, including tax reporting obligations.

## 8.      No Investment, Financial, or Legal Advice

Nothing on the EVEDEX platform, in this Statement, or in any of our Terms constitutes investment advice, financial advice, trading advice, legal advice, or any other form of professional advice. We do not recommend or endorse any trading strategy, position size, leverage level, or specific asset. All trading decisions are made solely at your own discretion and risk.

Before trading on EVEDEX, you should consider seeking independent financial and legal advice from appropriately qualified professionals who are familiar with your personal circumstances and the laws of your jurisdiction.

## 9.      Acknowledgement

By accessing or using the EVEDEX platform, you confirm that:

•       you have read and understood this Risk Disclosure Statement in full;

•       you understand and accept the risks described herein;

•       you are financially and technically sophisticated enough to evaluate those risks independently;

•       you are capable of bearing the full financial loss of any funds you deploy on the platform; and

•       your use of the platform complies with all applicable laws and regulations in your jurisdiction.

## 10. Pre-IPO Perpetual Contracts

* You can lose your entire margin, and losses can occur rapidly. These contracts are highly speculative and use leverage, which magnifies both gains and losses. Adverse price moves can trigger liquidation or auto-deleveraging. These contracts may experience significantly higher volatility than standard perpetual contracts. Please evaluate your risk tolerance accordingly.
* The companies, which shares are referenced, have not publicly filed an S-1. The actual total share count, valuation, and IPO timeline remain uncertain. Please assess these risks carefully and assume full responsibility. These contracts do not represent equity, shares, or any ownership, economic, or legal interest in respective companies, and holders have no rights or recourse against either company or its affiliates.
* Synthetic exposure only. The value of the contract is not backed by, and does not represent, any real shares held by EVEDEX or anyone else.
* There is no affiliation with the referenced company.&#x20;
* No IPO is promised or guaranteed, and EVEDEX has no knowledge of, or control over, if or when any company conducts an IPO.
* Not reviewed or approved by any regulator. These contracts have not been registered with, reviewed, or approved by any securities or financial regulator in any jurisdiction.
* Availability is restricted. These contracts are not offered to US persons or to persons in other Prohibited Jurisdictions.
* You are responsible for legality. You are solely responsible for determining whether trading these contracts is lawful for you, and for any tax consequences.<br>

*For questions regarding this Statement, please contact us at: <legal@evedex.com>*


# Terms of Use: Interface

{% hint style="info" %}
Last modified: 24 February 2026
{% endhint %}

WE ARE NOT REGISTERED WITH THE U.S. SECURITIES AND EXCHANGE COMMISSION OR COMMODITY FUTURES EXCHANGE COMMISSION IN ANY CAPACITY. THE SERVICES WERE NOT DEVELOPED FOR, AND ARE NOT AVAILABLE TO PERSONS OR ENTITIES WHO RESIDE IN, ARE LOCATED IN, ARE INCORPORATED IN, OR HAVE A REGISTERED OFFICE OR PRINCIPAL PLACE OF BUSINESS IN THE UNITED STATES OF AMERICA.

THE SERVICES ARE NOT FOR UK RETAIL.

YOU UNDERSTAND AND ACKNOWLEDGE THAT WE DO NOT BROKER TRADING ORDERS ON YOUR BEHALF. WE ALSO DO NOT FACILITATE THE EXECUTION OR SETTLEMENT OF YOUR TRADES, WHICH OCCUR ENTIRELY ON PUBLIC DISTRIBUTED BLOCKCHAINS.

#### 1. General

1.1. These Terms of Use: Interface (“**Terms**”) explain the terms and conditions by which you may access and use the web-interface accessible at exchange.evedex.com and the mobile app (the “**Interface**”).

1.2. The Interface is made available by EVEDEX Ltd. (“**Company**”, “**we**”, “**us**” or “**our**”).

1.3. Please read these Terms carefully, as these Terms govern your use of the Interface. By accessing and using the Interface, you accept and agree to be bound by and to comply with these Terms. If you do not agree to these Terms, then you must not access or use the Interface.

#### 2. The Interface

2.1. The Interface provides a web or mobile-based means of access to a decentralized protocol deployed on public blockchain (the "**Protocol**").

2.2. The Interface is distinct from the Protocol and is one, but not the exclusive, means of accessing the Protocol.

2.3. Company does not own, control or operate the Protocol. By using the Interface, you understand that you are not buying or selling digital assets from us and that we do not operate any liquidity pools or control trade execution. We only provide you with access to the Interface and neither have control over your interactions with the Protocol or blockchain nor encourage you to perform any.

2.4. Any interaction performed by you via the Interface remains your sole responsibility and risk. We expressly disclaim any liability for losses or damages arising from or related to any interaction with, or actions taken through, the Interface.

2.5. We do not impose any fees for using the Interface. But fees may be incurred by the Protocol for respective transactions. You acknowledge and agree that you are solely responsible for paying all such fees, and that the Company is not responsible for those fees.

2.6. To access the Interface, you must use a non-custodial wallet software, which allows you to interact with public blockchains. Your relationship with that non-custodial wallet provider is governed by the applicable terms of service.

2.7. When using the Interface, you may access third party services, sites, technology, content and resources (each a “**Third-Party Service**”). Your access and use of the Third-Party Services may also be subject to additional terms and conditions or other agreements with such third party. You will be responsible for all actions associated with your use of any Third-Party Services. Evedex will not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any Third-Party Services.

2.8. We do not have custody or control over the contents of your wallet and have no ability to retrieve or transfer its contents. By connecting your wallet to our Interface, you agree to be bound by these Terms and all of the terms incorporated herein by reference.

#### 3. Eligibility

3.1. The Interface is provided only to eligible users, who:

3.1.1. are of legal age in their jurisdiction;

3.1.2. have the full right, power, and authority to enter into and comply with the Terms;

3.1.3. do not reside in, located in, incorporated in or have a registered office in the USA and/or Canada;

3.1.4. if located in the UK, fall under exemptions in accordance with the Financial Services and Markets Act as investment professionals (Article 19); high net worth companies, unincorporated associations etc. (Article 49); and sophisticated investors (Article 50);

3.1.5. are not the subject of economic or trade sanctions administered or enforced by any governmental authority or otherwise designated on any list of prohibited or restricted parties;

3.1.6. are not a citizen, resident, or organized in a jurisdiction or territory that is the subject of comprehensive country-wide, territory-wide, or regional economic sanctions;

3.1.7. have the right to access and use the Interface under laws and regulations in their jurisdiction, including, but not limited laws relating to crypto and derivative trading; and

3.1.8. with respect to perpetual contracts referencing real-world asset-backed tokens (including commodity-backed tokens such as XAUT/USDT), you confirm that you have independently verified that accessing and trading such instruments is lawful in your jurisdiction, including under any applicable commodity, securities, or financial instruments laws. Access to such instruments may be restricted in additional jurisdictions beyond those listed in these Terms, and it is your sole responsibility to ensure compliance.

3.2. By accessing and using the Interface, you expressly represent and warrant that you are an eligible user and will remain so during your use of the Interface.

3.3. We reserve the right to limit the availability of our Interface to any person, geographic area, or jurisdiction, at any time, for any reason and at our sole and absolute discretion.

#### 4. Your Responsibilities

4.1. By accessing and using the Interface, you represent that:

4.1.1. you are financially and technically sophisticated enough to understand the inherent risks associated with using cryptographic and blockchain-based systems, derivative trading and crypto in general and that you have a working knowledge of the usage and intricacies of digital assets;

4.1.2. you understand that the markets for digital assets are nascent and highly volatile due to risk factors including, but not limited to, adoption, speculation, technology, security, and regulation;

4.1.3. all digital assets you use are legally obtained and under your sole control;

4.1.4. you understand that anyone can create a token, including fake versions of existing tokens and tokens that falsely claim to represent projects;

4.1.5. you understand that smart contract transactions automatically execute and settle, and that blockchain-based transactions are irreversible when confirmed, that the cost and speed of transacting with cryptographic and blockchain-based systems are variable and may increase dramatically at any time;

4.1.6. if you act as a liquidity provider to the Protocol, you understand that your digital assets may lose some or all of their value while they are supplied to through the Interface due to the fluctuation of prices of tokens in a trading pair or liquidity pool;

4.1.7. you understand that we do not create, own, or operate cross-chain bridges and we do not make any representation or warranty about the safety or soundness of any cross-chain bridge;

4.1.8. you understand that withdrawals depend on blockchain confirmation, which is beyond our control and you accept delays caused by network conditions;

4.1.9. you understand that each transaction incurs a fee, which may be substantial for micro-trading, that minimum position limits apply, preventing trades below set thresholds;

4.1.10. you are solely responsible for safeguarding wallet seed phrases and account credentials;

4.1.11. you understand that we do not guarantee profits or prevent manipulative strategies by copy traders, and you are fully responsible for the chosen trading strategy;

4.1.12. you understand how liquidation and auto-deleveraging (ADL) mechanisms work and accept all losses that may be incurred by you due to these mechanisms perfomed by the protocol on the basis of automated smart-contract execution, not us;

4.1.13. you understand that the Protocol employs advanced surveillance systems to detect suspicious trading patterns, anomalous order behavior, coordinated manipulative activity and other infringing activities, and this may result in immediate Interface suspension and limiting the ability to use certain functions of the Interface;

4.1.14. you understand that your digital assets could be impacted by one or more regulatory inquiries or regulatory actions, which could impede or limit the ability of the Company to allow you the access to the Interface;&#x20;

4.1.15. you understand that cryptography is a progressing field with advances in code cracking or other technical advancements, which may present risks to digital assets and the services, and could result in the theft or loss of your digital assets; and

4.1.16. when trading perpetual contracts referencing real-world asset-backed tokens (including, without limitation, XAUT/USDT), you understand and acknowledge that: (i) such tokens are issued by third parties not affiliated with EVEDEX, and EVEDEX makes no representations regarding the solvency, custodial arrangements, or regulatory compliance of such issuers; (ii) trading a perpetual contract referencing such tokens does not constitute ownership of, or any claim on, the underlying physical asset (including physical gold); (iii) the price of such tokens may diverge from the price of the underlying physical asset due to liquidity conditions, issuer-specific events, or other factors; and (iv) regulatory treatment of real-world asset-backed tokens varies by jurisdiction and may be subject to change.

4.2. You acknowledge that we are not responsible for any of these variables or risks, do not own or control the Protocol, and cannot be held liable for any resulting losses that you experience while accessing or using the Interface.

4.3. Accordingly, you understand and agree to assume full responsibility for all of the risks of accessing and using the Interface to interact with the Protocol, including, without limitation:

4.3.1. failures or inaccuracies in cross-chain bridges, oracles, or liquidity pools;

4.3.2. code vulnerabilities, including potential hacks or exploits;

4.3.3. significant slippage or other market risks arising from perpetual futures trading;

4.3.4. auto-deleveraging (ADL) mechanisms;

4.3.5. the risks of trading with leverage, which may lead to immediate and significant losses, including the liquidation of your positions; and

4.3.6. potential regulatory or legal issues affecting blockchain transactions or their enforceability.

4.4. Without limiting the foregoing, you specifically understand and hereby represent your acknowledgement of the following:

4.4.1. the pricing data provided through the Interface does not represent an offer, a solicitation of an offer, or any advice regarding, or recommendation to enter into, a transaction with the Interface;

4.4.2. the Interface does not act as an agent for any of the users;

4.4.3. the Interface does not own or control any of the underlying software through which blockchain networks are formed, and therefore is not responsible for them and their operation;

4.4.4. although it is intended to provide accurate and timely information on the Interface, the Interface may not always be entirely accurate, complete or current and may also include technical inaccuracies or typographical errors. Accordingly, you should verify all information before relying on it, and all decisions based on information contained on the Interface or relevant tools are your sole responsibility.

4.5. By using the Interface, you expressly waive and release the Company from any and all liability, claims, causes of action or damages arising from or in any way relating to your use of the Interface, your interaction with the Protocol through the Interface, including in respect of any trading losses, liquidation events, or other financial impact; any reliance on market data, token values, or information displayed on the Interface, which may be inaccurate or delayed; any regulatory, tax, or legal consequences arising from your use of the Interface.

#### 5. Prohibited Activity

5.1. You agree not to engage in, or attempt to engage in, any of the following categories of prohibited activity in relation to your access and use of the Interface:

5.1.1. Activity that infringes on or violates any copyright, trademark, service mark, patent, right of publicity, right of privacy, or other proprietary or intellectual property rights under the law;

5.1.2. Activity that seeks to interfere with or compromise the integrity, security, or proper functioning of any computer, server, network, personal device, or other information technology system, including, but not limited to, the deployment of viruses and denial of service attacks;

5.1.3. Activity that seeks to defraud us or any other person or entity, including, but not limited to, providing any false, inaccurate, or misleading information in order to unlawfully obtain the property of another;

5.1.4. Market Manipulation. Activity that violates any applicable law, rule, or regulation concerning the integrity of trading markets, including, but not limited to, the manipulative tactics commonly known as "rug pulls", pumping and dumping, and wash trading;

5.1.5. Securities and Derivatives Violations. Activity that violates any applicable law, rule, or regulation concerning the trading of securities or derivatives, including, but not limited to, the unregistered offering of securities and the offering of leveraged and margined commodity products to retail customers in the United States;

5.1.6. Sale of Stolen Property. Buying, selling, or transferring of stolen items, fraudulently obtained items, items taken without authorization, and/or any other illegally obtained items, including money laundering activities;

5.1.7. Data Mining or Scraping. Activity that involves data mining, robots, scraping, or similar data gathering or extraction methods of content or information from any of our services;

5.1.8. Unlawful actions. Activity that violates any applicable law, rule, or regulation in any relevant jurisdiction, including, but not limited to, anti-money laundering and anti-terrorist financing laws, regulations related to the restrictions and sanctions;

5.1.9. Breach of the Terms;

5.1.10. Circumvention of any content-filtering techniques, security measures or access controls relating to the Interface, including through the use of a VPN;

5.1.11. Use of any robot, spider, crawler, scraper or other automated means or interface not provided by us to access the Interface, to extract data, or to introduce any malware, virus, Trojan horse, worm, logic bomb, drop-dead device, backdoor, shutdown mechanism or other harmful material into the Interface;

5.1.12. Activity that employs bots, scripts, or other automated methods of interaction with the Interface which disrupt the normal functioning of the Protocol or related systems;

5.1.13. Activities aimed at exploitation of vulnerabilities in the trading, leveraging or liquidation mechanisms of the Protocol;

5.1.14. Providing false, inaccurate, or misleading information while using the Interface;

5.1.15. Use or access the Interface to transmit digital assets that are the direct or indirect proceeds of any criminal or fraudulent activity, including terrorism or tax evasion;

5.1.16. regardless of whether such activities are prohibited by applicable law in your jurisdiction, Spoofing and Layering; Wash Trading and Self-Trading; Liquidation Hunting; Oracle and Mark Price Manipulation; Pump and Dump Schemes; Funding Rate Manipulation; Quote Stuffing and Message Flooding; Front-Running and MEV Exploitation; Coordinated Group Manipulation and Sybil Attacks; Cross-Exchange Manipulation; Momentum Ignition; Insurance Fund and Auto-Deleveraging Exploitation; Protocol Vulnerability Exploitation and any other bad faith behavior;

5.1.17. Use the Interface from a jurisdiction (including an IP address in a jurisdiction) that we have, in our sole discretion, determined is a jurisdiction where the use of the Interface is prohibited, including through the VPN; and

5.1.18. Attempt to engage, or procure third parties to engage, in any of the activities prohibited under this section or any other provision of these Terms.

5.2. If you are engaged in any prohibited activity, we may immediately restrict your access to the Interface or certain functions of the Interface and you agree to indemnify and hold harmless the Company and its officers, directors, employees, contractors, agents, affiliates, and subsidiaries from and against any and all claims, damages, losses, liabilities, costs, and expenses, including reasonable legal fees, arising out of or related to such prohibited activity.

#### 6. Non-Custodial; No Fiduciary Duties; No Financial Advice

6.1. The Interface is a non-custodial applications, meaning we do not have custody or possession of your digital assets at any time. It further means you are solely responsible for the custody of the cryptographic private keys to the digital asset wallets you hold and you should never share your wallet credentials or seed phrase with anyone. We accept no responsibility for, or liability to you, in connection with your use of a wallet and make no representations or warranties regarding how any of our services will operate with any specific wallet. Likewise, you are solely responsible for any associated wallet and we are not liable for any acts or omissions by you in connection with or as a result of your wallet being compromised.

6.2. These Terms are not intended to, and does not, create or impose any fiduciary duties on us. To the fullest extent permitted by law, you acknowledge and agree that we owe no fiduciary duties or liabilities to you 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. You further agree that the only duties and obligations that we owe you are those set out expressly in these Terms.

6.3. Any information provided by the Interface is for informational purposes only and should not be construed as professional, technical, operational, investment, financial, legal or other advice.

6.4. Any information available through the Interface may be incomplete, outdated, or inaccurate. You are solely responsible for verifying the accuracy and relevance of such information before making any decisions or taking any action. Before you make any professional, technical, operational, investment, financial, legal or other decisions involving the Interface, you should seek independent professional advice from the appropriate third-party.

#### 7. Tax Obligations

7.1. It is your responsibility to determine whether taxes apply to any transactions you initiate or receive and, if so, to report and/or remit the correct tax to the appropriate tax authority.

7.2. We make no representations regarding your tax obligations and strongly recommends consulting with a qualified tax advisor to ensure compliance with all applicable laws.

#### 8. No Warranties

8.1. The Interface is provided on an "as is" and "as available" basis. To the fullest extent permitted by law, we disclaim any representations and warranties of any kind, whether express, implied, or statutory, including, but not limited to, the warranties of merchantability and fitness for a particular purpose. You acknowledge and agree that your use of the Interface is at your own risk. We do not represent or warrant that access to the Interface will be continuous, uninterrupted, timely, or secure; that the information contained in Interface will be accurate, reliable, complete, or current; or that Interface will be free from errors, defects, viruses, or other harmful elements. No advice, information, or statement that we make should be treated as creating any warranty concerning the Interface. We do not endorse, guarantee, or assume responsibility for any advertisements, offers, or statements made by third parties concerning the Interface.

8.2. We make no warranties or representations, express or implied, about linked third party services, the third parties they are owned and operated by, the information contained on them, assets available through them, or the suitability, privacy, or security of their products or services. You acknowledge sole responsibility for and assume all risk arising from your use of third-party services, third-party websites, applications, or resources. We shall not be liable under any circumstances for damages arising out of or in any way related to software, products, services, and/or information offered or provided by third-parties and accessed through the Interface.

#### 9. Limitation of Liability

9.1. Under no circumstances shall we or any of our officers, directors, employees, contractors, agents, affiliates, or subsidiaries be liable to you for any indirect, punitive, incidental, special, consequential, or exemplary damages, including, but not limited to, damages for loss of profits, goodwill, use, data, or other intangible property, arising out of or relating to any access or use of or inability to access or use the Interface, nor will we be responsible for any damage, loss, or injury resulting from hacking, tampering, or other unauthorized access or use of the Interface or the information contained within it, whether such damages are based in contract, tort, negligence, strict liability, or otherwise, arising out of or in connection with authorized or unauthorized use of the Interface, even if an authorized representative of the Company has been advised of or knew or should have known of the possibility of such damages. We assume no liability or responsibility for any: (a) errors, mistakes, or inaccuracies of content; (b) personal injury or property damage, of any nature whatsoever, resulting from any access or use of the Interface; (c) unauthorized access or use of any secure server or database in our control, or the use of any information or data stored therein; (d) interruption or cessation of function of the Interface; (e) bugs, viruses, trojan horses, or the like that may be transmitted to or through the Interface; (f) errors or omissions in, or loss or damage incurred as a result of the use of, any content made available through the Interface; and (g) the defamatory, offensive, or illegal conduct of any third party.

9.2. We have no liability to you or to any third party for any claims or damages that may arise as a result of any payments or transactions that you engage in via the Interface.

9.3. If applicable law does not allow the limitation of liability for personal injury, or of incidental or consequential damages, so this limitation may not apply to you. In no event shall our total liability to you for all damages (other than as may be required by applicable law in cases involving personal injury) exceed the amount of two hundred USD dollars ($200.00) or its equivalent in the local currency of the applicable jurisdiction.

9.4. The foregoing disclaimer will not apply to the extent prohibited by law.

9.5. The Company is not responsible for any problems or technical malfunction of any telephone, internet or blockchain network or lines, online systems, servers, providers, computer equipment, software, or messaging platform, or as a result of technical problems or traffic congestion on the internet, any website, or any application, or any combination thereof, including, without limitation, any resulting error in computing qualifying actions or any unavailability of Interface features, or any injury or damage to any participant’s or any other person’s computer or mobile device related to or resulting from participation in features available through the Interface. If, for any reason, the Interface is not capable of running as planned, including due to errors of any kind or nature, infection by computer viruses, bugs, tampering, unauthorized intervention, fraud, technical failures, or any other causes beyond the control of the Company which corrupt or affect the administration, security, fairness, integrity, or proper conduct of the Interface features, the Company reserves the right in its sole discretion to cancel, terminate, modify, or suspend the Interface features or otherwise respond to the circumstances as the Company deems appropriate.

#### 10.Indemnification

10.1. You agree to hold harmless, release, defend, and indemnify us, our affiliates, our and our affiliates' respective officers, directors, employees, contractors, agents, service providers, licensors, and representatives (collectively, the "**Indemnified Parties**") from and against all claims, damages, obligations, losses, liabilities, costs, and expenses (including reasonable attorney's fees) arising from or relating to:

10.1.1. your access and use of the Interface;

10.1.2. your violation of any term or condition of these Terms, the right of any third party, or any other applicable law, rule, or regulation;

10.1.3. any other party's access and use of the Interface with your assistance or using any device or account that you own or control;

10.1.4. any dispute between you and any other user of the Interface; and

10.1.5. any dispute between you and any of your own customers or users.

10.2. We reserve the right to assume the exclusive defense and control of any matter which is subject to indemnification under this section, and you agree to cooperate with any reasonable requests assisting our defense of such matter. You may not settle or compromise any claim against any Indemnified Party without our written consent.

#### 11.Modifications

11.1. Modifications of these Terms: we reserve the right, in our sole discretion, to modify these Terms from time to time. If we make any material modifications, we will notify you by updating the date at the top of these Terms and by maintaining a current version of these Terms. All modifications will be effective when they are posted, and your continued accessing or using any of the services will serve as confirmation of your acceptance of those modifications. If you do not agree with any modifications to these Terms you must immediately stop accessing and using the Interface.

11.2. Modifications of the Interface: we reserve the right to review, modify, update, disable, delete and remove the Interface or any part of it without prior notification. The Company shall not be liable for modifications, suspensions, or discontinuance of the Interface or any features made available through the Interface.

#### 12.Termination

12.1.       We may suspend, restrict, or terminate your access to the Interface at any time, with or without notice, for any reason or without reason, including where: (i) you have violated these Terms; (ii) we are required to do so by applicable law, regulation, or a competent authority; (iii) we reasonably believe your use of the Interface creates legal or reputational risk to us; or (iv) we discontinue the Interface. &#x20;

12.2.       You may cease using the Interface at any time by discontinuing your access to and use of the Interface. Ceasing to use the Interface does not: (a) terminate any obligations or liabilities you have incurred to us prior to the date of cessation; (b) affect any of your interactions already initiated through the Protocol, which will continue to be governed by the Protocol’s automated mechanisms; or (c) relieve you of any indemnification obligations arising from your prior use of the Interface.

12.3.       Effect of Termination: Upon termination, all rights granted to you under these Terms will immediately cease. You will retain the ability to interact directly with the Protocol via on-chain methods independently of the Interface. Any open positions at the time of termination will continue to be governed by the Protocol's smart contracts.

12.4.       Survival: Sections relating to liability, indemnification, intellectual property, and dispute resolution shall survive termination.

#### 13.Our Rights

13.1. We reserve the right to cooperate with any law enforcement, court or government investigation or order or third party requesting or directing that we disclose certain information.

13.2. We may introduce verification process, if this is required by applicable laws and regulations in respective jurisdiction.

#### 14.Governing Law

14.1. You agree that the English laws, without regard to principles of conflict of laws, govern these Terms and any dispute between you and us.

#### 15.Dispute Resolution

15.1. We will use our reasonable endeavours to resolve any potential disputes through informal, good-faith negotiations. If a potential dispute arises, you must contact us by sending an email to <legal@evedex.com> so that we can attempt to resolve it without resorting to formal dispute resolution. If we are not able to reach an informal resolution within sixty (60) days of your email, then you and we both agree to resolve the potential dispute according to the arbitration clause herein.

15.2. Any dispute arising out of or in connection with the Terms, including any question regarding its existence, validity or termination, shall be referred to and finally resolved by arbitration under the LCIA Rules, which Rules are deemed to be incorporated by reference into this clause.

15.3. You understand that you are required to resolve all disputes by binding arbitration. The arbitration shall be held on a confidential basis before a single arbitrator, who shall be selected pursuant to LCIA rules. The arbitration will be held in London, unless you and we both agree to hold it elsewhere.

15.4. Unless we agree otherwise, the arbitrator may not consolidate your claims with those of any other party.

15.5. Any judgment on the award rendered by the arbitrator may be entered in any court of competent jurisdiction.

#### 16.Assignment

16.1. You may not assign or transfer agreement between us, by operation of law or otherwise, without our prior written consent. Any attempt by you to assign or transfer the agreement without our prior written consent shall be null and void. We may freely assign or transfer these Terms. Subject to the foregoing, these Terms will bind and inure to the benefit of the parties, their successors and permitted assigns.

#### 17.Notice

17.1. We may provide any notice to you under these Terms using commercially reasonable means, including using public communication channels. Notices we provide by using public communication channels will be effective upon posting.

#### 18.Severability

18.1. If any provision of these Terms shall be determined to be invalid or unenforceable under any rule, law, or regulation of any local, state, or federal government agency, such provision will be changed and interpreted to accomplish the objectives of the provision to the greatest extent possible under any applicable law and the validity or enforceability of any other provision of these Terms shall not be affected.


# Terms of Use: Funded Subaccounts

**PLEASE READ CAREFULLY BEFORE USING FUNDED SUBACCOUNTS.**

**WE ARE NOT REGISTERED WITH THE U.S. SECURITIES AND EXCHANGE COMMISSION OR COMMODITY FUTURES TRADING COMMISSION IN ANY CAPACITY. THE SERVICES WERE NOT DEVELOPED FOR, AND ARE NOT AVAILABLE TO PERSONS OR ENTITIES WHO RESIDE IN, ARE LOCATED IN, ARE INCORPORATED IN, OR HAVE A REGISTERED OFFICE OR PRINCIPAL PLACE OF BUSINESS IN THE UNITED STATES OF AMERICA.**

**THE SERVICES ARE NOT FOR UK RETAIL.**

**A FUNDED SUBACCOUNT IS A MARGIN-BASED TRADING SUBACCOUNT WITH A PRE-CONFIGURED LEVERAGE RATIO. THE NOTIONAL BALANCE DISPLAYED IN THE INTERFACE REPRESENTS THE MAXIMUM POSITION VALUE AVAILABLE TO YOU AT THE PRE-CONFIGURED LEVERAGE RATIO AND DOES NOT REPRESENT FUNDS OWNED BY, ALLOCATED TO, OR HELD ON BEHALF OF YOU BY EVEDEX OR ANY THIRD PARTY. EVEDEX DOES NOT PROVIDE, LEND, OR OTHERWISE MAKE AVAILABLE ANY OF ITS OWN CAPITAL TO YOU IN CONNECTION WITH ANY FUNDED SUBACCOUNT.**

**YOU MAY LOSE ALL OF YOUR COLLATERAL DEPOSITED INTO A FUNDED SUBACCOUNT. TRADING IN PERPETUAL FUTURES WITH LEVERAGE INVOLVES A HIGH DEGREE OF RISK AND IS NOT SUITABLE FOR ALL USERS. YOU SHOULD CAREFULLY CONSIDER WHETHER TRADING IS APPROPRIATE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION.**

These Terms of Use: Funded Subaccounts ("**Funded Subaccount Terms**") supplement and are incorporated into the General Terms of Use and the Terms of Use: Interface (together, the "**General Terms**"). In the event of any conflict between these Funded Subaccount Terms and the General Terms, these Funded Subaccount Terms shall prevail with respect to funded subaccounts only. Capitalised terms used but not defined herein shall have the meanings given to them in the General Terms.

## 1. Definitions

1.1. "**Funded Subaccount**" means a derivatives trading subaccount linked to your Smart Account, created through the Interface, which displays a Notional Balance calculated by applying a Pre-Configured Leverage Ratio to your Collateral.

1.2. "**Smart Account**" means your primary trading account on the Protocol.

1.3. "**Collateral**" means the digital assets (denominated in USDT) that you transfer from your Smart Account to your Funded Subaccount.

1.4. "**Pre-Configured Leverage Ratio**" means the fixed leverage multiplier applied by the Protocol to Your Collateral to determine the Notional Balance, as displayed in the Interface at the time of Funded Subaccount creation.

1.5. "**Notional Balance**" means the value displayed in the Interface, calculated as Your Collateral multiplied by the Pre-Configured Leverage Ratio. The Notional Balance is a computational representation of your leveraged trading capacity and does not represent actual funds deposited, held, or allocated to or for your benefit.

1.6. "**Maximum Trading Leverage**" means the maximum additional leverage that may be applied to positions opened within the Funded Subaccount, as specified in the Interface.

1.7. "**Realised Profit**" means any positive balance in excess of the initial Notional Balance, arising from closed positions, net of all applicable trading fees, funding rates, and commissions.

1.8. "**Liquidation Event**" means the involuntary closure of one or more positions within the Funded Subaccount by the Protocol's automated mechanisms, including ADL mechanisms, when margin requirements are no longer met.

## 2. Funded Subaccounts

2.1. A Funded Subaccount is a feature of the Protocol that creates a subaccount with a Pre-Configured Leverage Ratio applied to your Collateral. The Notional Balance is a display representation of your leveraged margin capacity. For the avoidance of doubt:

2.1.1. EVEDEX does not provide, lend, stake, allocate, or otherwise make available any capital, funds, or digital assets to you in connection with any Funded Subaccount;

2.1.2. no loan, credit facility, deposit, investment, fiduciary, agency, partnership, joint venture, or trust relationship is created between you and EVEDEX or any third party in connection with any Funded Subaccount;

2.1.3. the Notional Balance is not, and shall not be construed as, a deposit, a credit, a loan, an allocation of EVEDEX's capital, or an entitlement to any funds other than your own Collateral (subject to trading gains and losses);

2.1.4. the term "Funded" is used for convenience only and refers to the pre-configuration of leverage parameters; it does not imply that any party other than you has funded, will fund, or is obligated to fund any part of the Funded Subaccount.

2.2. The Funded Subaccount functionality is provided by the Protocol's smart contracts. The Interface provides access to this Protocol feature. You acknowledge and agree that EVEDEX provides the Interface and does not itself execute, settle, broker, or intermediate trades on the Funded Subaccount, which occur entirely through the Protocol's automated mechanisms on public distributed blockchains.

2.3. For the avoidance of doubt, the Notional Balance is a computational display value. You may only withdraw from the Protocol actual USDT balances resulting from your Collateral and trading activity. You cannot withdraw, redeem, or otherwise claim the Notional Balance as if it were deposited funds.

2.4. You hereby warrant and represent that you understand that if your Collateral is fully depleted through trading losses, Liquidation Events, funding rate charges, or fees, the Funded Subaccount balance shall be zero and you shall have no further claim or entitlement. No refund, credit, compensation, or reimbursement of any kind shall be provided.

## 3. Eligibility

3.1. To open or use a Funded Subaccount, you must:

3.1.1. satisfy all eligibility requirements set forth in the General Terms, including Section 2 (Eligibility) thereof;

3.1.2. maintain a Smart Account in good standing;

3.1.3. not be a resident, citizen, national, or entity incorporated or organised in the United States of America or any of its territories or possessions;

3.1.4. not be a person to whom the provision of the Funded Subaccount would be unlawful in your jurisdiction of residence or citizenship;

3.1.5. have read and understood the Risk Disclosure.

3.2. We may, in our sole discretion, introduce additional eligibility requirements, including but not limited to identity verification, residency declarations, or trading experience assessments, at any time without prior notice.

3.3. You may open multiple Funded Subaccounts, subject to any per-user limits that may be imposed by the Protocol from time to time.

## 4. Prohibited Activities Specific to Funded Subaccounts

4.1. In addition to the prohibited activities set forth in Section 5 of the General Terms, You agree not to engage in, or attempt to engage in, any of the following:

4.1.1. *Arbitrage exploitation.* Operating a Funded Subaccount in coordination with positions on your Smart Account, another Funded Subaccount, another user's account, or any account on an external platform, with the intent of exploiting the asymmetric loss structure, leverage parameters, or withdrawal mechanics of the Funded Subaccount to create risk-free or disproportionately favourable positions (including, without limitation, taking offsetting long and short positions across accounts to lock in gains while externalising losses);

4.1.2. *Sybil and multi-account abuse.* Using multiple wallets, accounts, or identities to circumvent any per-user limits on Funded Subaccounts, or coordinating with other users to achieve an economic effect equivalent to such circumvention;

4.1.3. *Leverage circumvention.* Structuring positions, including through multiple correlated instruments, in a manner designed to exceed the Maximum Trading Leverage;

4.1.4. *Third-party access.* Sharing, transferring, licensing, or otherwise providing access to a Funded Subaccount to any third party, whether for consideration or otherwise;

4.1.5. *Automated exploitation.* Using bots, scripts, or other automated tools specifically to exploit the Funded Subaccount's leverage, liquidation, withdrawal, or fee mechanics in ways that would not constitute legitimate trading activity.

4.1.6. *Other bad faith activity.* Any other activity with the aim to exploit the Protocol’s and/or Funded Subaccount's functionality, leverage, liquidation, withdrawal, or fee mechanics in ways that would not constitute legitimate trading activity.

4.2. Remedies. If we reasonably determine that you have engaged in any conduct prohibited under this Section 4, we reserve the right, in addition to the remedies set forth in the General Terms, to:

4.2.1. immediately suspend and/or terminate the access to the Interface and access to the Funded Subaccount;

4.2.2. suspend or terminate your Smart Account and all associated Funded Subaccounts;

4.2.3. report the activity to relevant authorities or blockchain analytics providers.

## 5. Surveillance and Risk Management

5.1. You acknowledge that the Protocol employs automated surveillance systems to monitor trading activity on Funded Subaccounts. This surveillance may include analysis of trading patterns, position correlations across accounts, and coordination detection.

5.2. You acknowledge that the parameters of the Funded Subaccount feature, including but not limited to the Pre-Configured Leverage Ratio, Maximum Trading Leverage, available instruments, per-user limits, withdrawal thresholds, and fee structure may be unilaterally modified. Any such modifications shall be communicated through the Interface or Site and shall take effect as specified.

## 6. Liquidation and Auto-Deleveraging

6.1. Funded Subaccounts are subject to the same liquidation and auto-deleveraging (ADL) mechanisms as standard positions on the Protocol, as described in the General Terms and the Terms of Use: Interface.

6.2. Given the Effective Leverage inherent in Funded Subaccounts, Liquidation Events may occur more rapidly and with less price movement than on a standard account. You acknowledge and accept this risk.

6.3. All losses arising from Liquidation Events or ADL on a Funded Subaccount are borne solely by you.

## 7. Termination

7.1. By You. You may terminate a Funded Subaccount at any time by executing a full close-out of your Funded Subaccount.

7.2. By us. We may terminate a Funded Subaccount, with or without notice, in accordance with Section 8 of the General Terms or Section 4.2 of these Funded Subaccount Terms, or if we discontinue the Funded Subaccount feature.

7.3. Effect of termination by us without cause. If we terminate your Funded Subaccount or discontinue the feature without cause, we shall use reasonable endeavours to allow you to close open positions and withdraw any remaining balance to your Smart Account within a reasonable period.

7.4. Effect of termination for cause. If we terminate your Funded Subaccount for breach of these Funded Subaccount Terms, the General Terms, or applicable law, we may restrict access to your Funded Subaccount without any measures.

## 8. Tax

8.1. You are solely responsible for determining and complying with all tax obligations arising from your use of Funded Subaccounts, including but not limited to income tax, capital gains tax, value-added tax, and any reporting obligations applicable in your jurisdiction. EVEDEX does not provide tax advice and shall not be liable for any tax consequences arising from Your use of the Funded Subaccounts.

## 9. Risk Disclosure

9.1. You confirm that you have read, understood, and accepted the Risk Disclosure, which is incorporated into these Funded Subaccount Terms by reference.

9.2. Without limiting the generality of the foregoing or any other risk disclosures in the General Terms, You acknowledge the specific risks associated with Funded Subaccounts, including but not limited to: amplified loss exposure; rapid liquidation in volatile markets; fee erosion relative to Collateral; funding rate risk; smart contract risk; and regulatory risk, each as further described in the Risk Disclosure.

## 10. Disclaimer; Limitation of Liability; Indemnification

10.1. The disclaimers, limitation of liability, and indemnification provisions set forth in Sections 11, 12, and 13 of the General Terms apply fully to the Funded Subaccount feature and these Funded Subaccount Terms.

10.2. Without limiting the foregoing, in no event shall EVEDEX's aggregate liability to you in connection with a Funded Subaccount exceed two hundred USD dollars ($200.00) or its equivalent in the local currency of the applicable jurisdiction.

10.3. You acknowledge and agree that the Funded Subaccount feature is provided "as is" and "as available" and that EVEDEX makes no warranty, representation, or guarantee regarding the availability, continuity, accuracy, or performance of the Funded Subaccount feature or the Protocol's leverage, liquidation, or settlement mechanisms.

## 11. Governing Law and Dispute Resolution

11.1. These Funded Subaccount Terms are governed by the laws of England, without regard to principles of conflict of laws, and all disputes shall be resolved in accordance with Section 14 of the General Terms.

## 12. Modifications

12.1. We reserve the right to modify these Funded Subaccount Terms at any time. Modifications shall be effective when posted on the Site. Your continued use of any Funded Subaccount after modifications are posted shall constitute your acceptance of the modified terms. If you do not agree with any modification, you must close all Funded Subaccounts and cease using the Funded Subaccount feature.

## 13. Severability

13.1. If any provision of these Funded Subaccount Terms is determined to be invalid or unenforceable, such provision shall be interpreted to accomplish its objectives to the greatest extent possible under applicable law, and the remaining provisions shall continue in full force and effect.

## 14. Entire Agreement

14.1. These Funded Subaccount Terms, together with the General Terms (including the Terms of Use: Interface, Privacy Policy, and any other documents incorporated therein by reference), constitute the entire agreement between You and EVEDEX with respect to Funded Subaccounts.


# Privacy Policy

{% hint style="info" %}
**Last modified:** July 22, 2025
{% endhint %}

This Privacy Policy (the “Policy”) explains how Evedex Ltd. (“Evedex”, the “Company”, “we”, “us” or “our”) collects, uses, and shares data in connection with the Evedex web app, [www.evedex.com](http://www.evedex.com) website and all of our other products and services (the “Services”). Your use of the Services is subject to this Policy.

Evedex is a company based in Saint Lucia that operates [www.evedex.com](http://www.evedex.com) among other products and services. Evedex complies with applicable privacy laws and regulations.

**Data We Collect**

Privacy is a central consideration in our operations at the Company. And we've enshrined transparency as one of our Company values. Accordingly, we aspire to be transparent about what little data we do collect. When you interact with the Services, we collect only:

* Publicly-available blockchain data. When you connect your non-custodial blockchain wallet to the Services, we collect and log your publicly-available blockchain address to learn more about your use of the Services and to screen your wallet for any prior illicit activity. We screen your wallet using intelligence provided by leading blockchain analytics providers. Note that blockchain addresses are publicly available data that are not created or assigned by us or any central party, and by themselves are not personally identifying.
* If you sign up with email through Privy, your email address. We use this information to provide you the Services. We may also use this information to send you marketing materials, if you provide your consent for that.
* If you sign up with your Google account, your name indicated at Google account, email and other information, provided to us by Google. We use this information to provide you the Services.
* Information from localStorage and other tracking technologies. We and our third-party services providers may access and collect information from localStorage, mobile deviceID, cookies, web beacons, and other similar technologies to provide and personalize the Services and features of the Services for you across sessions. For example, we may use this information to remember tokens you traded. We may also use this information to learn about your preferences, your use of the Services, and our interactions with you. Information we collect from these technologies may include things such as browser type, referring/exit pages, operating system, device or browser language, and other device information. We group and analyze these user journeys collectively, in the aggregate, to improve our product user experience.
* Information from other sources. We may receive information about your wallet address or transactions made through the Services from our service providers in order to comply with our legal obligations and prevent the use of our Services in connection with fraudulent or other illicit activities.
* Correspondence. We will receive any communications and information you provide directly to us via email, customer support, social media, or another support channel (such as X (Twitter) or Discord), or when you participate in any surveys or questionnaires.
* Information you specifically provide us. If you specifically provide us with information (such as your email address), we may use that information for the purposes described when you provide it to us. We will not attempt to link any information you provide to your wallet address, IP address, or other personal data. You do not need to provide us with any personal data to use the Services.

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**How We Use Data**

We use the data we collect in accordance with your instructions, including any applicable terms in our Terms of Use, and as required by law. We may also use data for the following purposes:

* Providing the Services. We use the data we collect to provide, maintain, customize and improve our Services and features of our Services.
* Customer support. We may use information to provide customer support for and answer inquiries about the Services.
* Safety and security. We may use data to protect against, investigate, and stop fraudulent, unauthorized, or illegal activity. We may also use it to address security risks, solve potential security issues such as bugs, enforce our agreements, and protect our users and Company.
* Legal compliance. We may use the information we collect as needed or requested by regulators, government entities, and law enforcement to comply with applicable laws and regulations.

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**How We Share Data**\
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We may share or disclose the data we collect:

* Within other entities under the EVEDEX brand, either affiliated or not. We may share your information with other EVEDEX entities if these entities are involved in rendering the particular Service chosen by you.
* With service providers. We may share your information with our service providers and vendors to assist us in providing, delivering, and improving the Services. For example, we may share your wallet address with service providers to provide technical infrastructure services, your wallet address with blockchain analytics providers to detect, prevent, and mitigate financial crime and other illicit or harmful activities, and your activity on our social media pages with our analytics provider to learn more about you interact with us and the Services.
* To comply with our legal obligations. We may share your data in the course of litigation, regulatory proceedings, compliance measures, and when compelled by subpoena, court order, or other legal procedure. We may also share data when we believe it is necessary to prevent harm to our users, our Company, or others, and to enforce our agreements and policies, including our Terms of Service.
* Safety and Security. We may share data to protect against, investigate, and stop fraudulent, unauthorized, or illegal activity. We may also use it to address security risks, solve potential security issues such as bugs, enforce our agreements, and protect our users, Company, and ecosystem.
* Business changes. We may transfer or share data to another entity in the event of a merger, acquisition, bankruptcy, dissolution, reorganization, asset or stock sale, or other business transaction.
* With your consent. We may share your information any other time you provide us with your consent to do so.

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**Third Party Cookies**\
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We use services provided by Google and other third parties that use tracking technology such as cookies, deviceID, and localStorage, to collect information about your use of the Services and our interactions with you. You can opt out of having your online activity and device data collected through these third-party services, including by:

* Blocking cookies in your browser by following the instructions in your browser settings. For more information about cookies, including how to see the cookies on your device, manage them, and delete them, visit [www.allaboutcookies.org](http://www.allaboutcookies.org/).
* Blocking or limiting the use of your advertising ID on your mobile device through the device settings.
* Using privacy plug-ins or browsers. Certain browsers and browser extensions can be configured to block third-party cookies and trackers.
* Using the platform opt-out provided by Google at <https://adssettings.google.com>. You can learn more about how Google uses your information by reviewing Google’s privacy policy at <https://policies.google.com/privacy>.
* Using advertising industry opt-out tools on each device or browser where you use the Services, available at [http://optout.aboutads.info](http://optout.aboutads.info/) and [http://optout.networkadvertising.org](http://optout.networkadvertising.org/).\\

**Third-Party Links and Sites**

We may integrate technologies operated or controlled by other parties into parts of the Services. For example, the Services may include links that hyperlink to websites, platforms, and other services not operated or controlled by us. Please note that when you interact with these other parties, including when you leave our website, those parties may independently collect information about you and solicit information from you. You can learn more about how those parties collect and use your data by consulting their privacy policies and other terms.\\

**Security**\
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We implement and maintain reasonable administrative, physical, and technical security safeguards to help protect data from loss, theft, misuse, unauthorized access, disclosure, alteration, and destruction. Nevertheless, transmission via the internet is not completely secure, and we cannot guarantee the security of information about you. You are responsible for all of your activity on the Services, including the security of your blockchain network addresses, cryptocurrency wallets, and their cryptographic keys.\\

**Age Requirements**

The Services are intended for a general audience and are not directed at children. We do not knowingly receive personal information from children. If you believe we have received personal information about a child under the age of 18, please contact us at <legal@evedex.com>.\\

**Legal basis and purposes of processing**

We process personal data for the purposes described in the section titled “How We Use Data” above. Our bases for processing your data include: (i) you have given consent to the process to us or our service provides for one or more specific purposes; (ii) processing is necessary for the performance of a contract with you; (iii) processing is necessary for compliance with a legal obligation; and/or (iv) processing is necessary for the purposes of the legitimate interested pursued by us or a third party, and your interests and fundamental rights and freedoms do not override those interests.

\
**Your rights**

Your rights include the right to (i) request access and obtain a copy of your personal data, (ii) request rectification or erasure of your personal data, (iii) object to or restrict the processing of your personal data; and (iv) request portability of your personal data. Additionally, you may withdraw your consent to our collection at any time. Nevertheless, we cannot edit or delete information that is stored on a particular blockchain. Information such as your transaction data, blockchain wallet address, and assets held by your address that may be related to the data we collect is beyond our control.

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To exercise any of your rights, please contact us at <legal@evedex.com>. We may require additional information from you to process your request. Please note that we may retain information as necessary to fulfil the purpose for which it was collected and may continue to do so even after a data subject request in accordance with our legitimate interests, including to comply with our legal obligations, resolve disputes, prevent fraud, and enforce our agreements.

\
**Changes to this Policy**

If we make material changes to this Policy, we may notify you via the Services. Nevertheless, your continued use of the Services reflects your periodic review of this Policy and other Company terms, and indicates your consent to them.

**Contact Us**

If you have any questions about this Policy or how we collect, use, or share your information, please contact us at <legal@evedex.com>.


# Cookie Policy - Global

{% hint style="info" %}
**Policy Owner:** EVEDEX Ltd. (“EVEDEX”, the “Company”, “we”, “us” or “our”)

**Effective Date:** 24 March 2025
{% endhint %}

**1. Application**

This policy applies to all users accessing the website [www.evedex.com](http://www.evedex.com), except those residing in countries within the European Union. User location is determined through their IP address in compliance with applicable data protection laws.

**2. Policy**

EVEDEX believes in transparency about collection and use of data. This policy provides information about how and when we use cookies for these purposes.

**What is a cookie?**

Cookies are small text files sent by us to your computer or mobile device, which enable our features and functionality. They are unique to your account or your browser. Session-based cookies last only while your browser is open and are automatically deleted when you close your browser. Persistent cookies last until you or your browser delete them or until they expire.

**Does EVEDEX use cookies?**

Yes. We use cookies and similar technologies like single-pixel gifs and web beacons. EVEDEX uses both session-based and persistent cookies. In addition, EVEDEX uses third party cookies, like Google Analytics.

**How we use cookies?**

As most of the online services, our website uses first-party and third-party cookies for several purposes. First-party cookies are mostly necessary for the website to function the right way.

The third-party cookies used on our website are mainly for understanding how the website performs, how you interact with our website, keeping our services secure, providing advertisements that are relevant to you, and all in all providing you with a better and improved user experience and help speed up your future interactions with our website.

**What can you do if you don't want cookies to be set or want them to be removed?**

You have the option to disable and delete cookies that may not be necessary for the basic functionality of our website.

You can opt out of having your online activity and device data collected through these third-party services, including by:

* Blocking cookies in your browser by following the instructions in your browser settings. For more information about cookies, including how to see the cookies on your device, manage them, and delete them, visit [www.allaboutcookies.org](http://www.allaboutcookies.org/).
* Blocking or limiting the use of your advertising ID on your mobile device through the device settings.
* Using privacy plug-ins or browsers. Certain browsers and browser extensions can be configured to block third-party cookies and trackers.
* Using the platform opt-out provided by Google at <https://adssettings.google.com>. You can learn more about how Google uses your information by reviewing Google’s privacy policy at <https://policies.google.com/privacy>.
* Using advertising industry opt-out tools on each device or browser, available at [http://optout.aboutads.info](http://optout.aboutads.info/) and [http://optout.networkadvertising.org](http://optout.networkadvertising.org/).

**What Cookies do we use?**

*Strictly Necessary Cookies*

These cookies are necessary for the website to function and cannot be switched off in our systems. They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms.

You can set your browser to block or alert you about these cookies, but that will cause some parts of the site to not work. These cookies do not store any personally identifiable information.

<table><thead><tr><th width="155.4000244140625" valign="top">Cookie</th><th width="155" valign="top">Domain</th><th width="124.39990234375" valign="top">Type</th><th width="112" valign="top">Validity Term</th><th valign="top">Description</th></tr></thead><tbody><tr><td valign="top">_ym_d<br><br></td><td valign="top">.evedex.com</td><td valign="top">First-party</td><td valign="top">1 year</td><td valign="top">To store first visit to the site.</td></tr><tr><td valign="top">_ym_uid<br><br></td><td valign="top">.evedex.com</td><td valign="top">First-party</td><td valign="top">1 year</td><td valign="top">Used to identify user on the website.</td></tr><tr><td valign="top">cf_clearance<br><br></td><td valign="top">.privy.io</td><td valign="top">Third-party</td><td valign="top">1 year</td><td valign="top">This cookie is used by the CloudFlare service to identify trusted web traffic and override any security restrictions based on the visitor's IP address. It is essential for supporting a website's security features and in providing protection against malicious visitors.</td></tr><tr><td valign="top">sync_cookie_csrf<br><br></td><td valign="top">.mc.yandex.ru</td><td valign="top">Third-party</td><td valign="top">10 minutes</td><td valign="top">This cookie is used to ensure that requests made within a session are originated from the user, as a security measure against Cross-Site Request Forgery (CSRF) attacks.</td></tr><tr><td valign="top">__cf_bm<br><br></td><td valign="top">.privy.io</td><td valign="top">Third-party</td><td valign="top">30 minutes</td><td valign="top">This cookie is used to distinguish between humans and bots. This is beneficial for the website, in order to make valid reports on the use of their website.</td></tr><tr><td valign="top">sync_cookie_csrf<br><br></td><td valign="top">.mc.yandex.com</td><td valign="top">Third-party</td><td valign="top">10 minutes</td><td valign="top">This cookie is used to ensure that requests made within a session are originated from the user, as a security measure against Cross-Site Request Forgery (CSRF) attacks.</td></tr><tr><td valign="top">sync_cookie_ok<br><br></td><td valign="top">.mc.yandex.com</td><td valign="top">Third-party</td><td valign="top">1 day</td><td valign="top">This cookie is used to remember the user's consent to the usage of cookies on the website.</td></tr><tr><td valign="top">sync_cookie_ok<br><br></td><td valign="top">.mc.webvisor.org</td><td valign="top">Third-party</td><td valign="top">1 day</td><td valign="top">This cookie is used to remember the user's consent to the usage of cookies on the website.</td></tr><tr><td valign="top">sync_cookie_csrf<br><br></td><td valign="top">.mc.webvisor.org</td><td valign="top">Third-party</td><td valign="top">10 minutes</td><td valign="top">This cookie is used to ensure that requests made within a session are originated from the user, as a security measure against Cross-Site Request Forgery (CSRF) attacks.</td></tr></tbody></table>

*Functional cookies*

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

<table><thead><tr><th width="95.199951171875" valign="top">Cookie</th><th width="141" valign="top">Domain</th><th width="130.199951171875" valign="top">Type</th><th width="129.199951171875" valign="top">Validity Term</th><th valign="top">Description</th></tr></thead><tbody><tr><td valign="top">_cfuvid<br><br></td><td valign="top">.privy.io</td><td valign="top">Third-party</td><td valign="top">Session</td><td valign="top">This cookie is used for purposes of tracking users across sessions to optimize user experience by maintaining session consistency and providing personalized services.</td></tr><tr><td valign="top">yabs-sid<br><br></td><td valign="top">mc.yandex.ru</td><td valign="top">Third-party</td><td valign="top">Session</td><td valign="top">Used to identify user on the website.</td></tr></tbody></table>

*Performance Cookies*

These cookies (allow us to count visits and traffic sources so we can measure and improve the performance of our site. They help us to know which pages are the most and least popular and see how visitors move around the site. If you do not allow these cookies we will not know when you have visited our site and will not be able to monitor its performance.

<table><thead><tr><th width="125.79998779296875" valign="top">Cookie</th><th width="145.20001220703125" valign="top">Domain</th><th width="131.4000244140625" valign="top">Type</th><th width="140.199951171875" valign="top">Validity Term</th><th valign="top">Description</th></tr></thead><tbody><tr><td valign="top">_ga<br><br></td><td valign="top">.evedex.com</td><td valign="top">First-party</td><td valign="top">1 year 1 month</td><td valign="top">This cookie name is associated with Google Universal Analytics - which is a significant update to Google's more commonly used analytics service. This cookie is used to distinguish unique users by assigning a randomly generated number as a client identifier. It is included in each page request in a site and used to calculate visitor, session and campaign data for the sites analytics reports.</td></tr><tr><td valign="top">_ga_DMJF0EW1TP<br><br></td><td valign="top">.evedex.com</td><td valign="top">First-party</td><td valign="top">1 year 1 month</td><td valign="top">This cookie is used by Google Analytics to persist session state.</td></tr><tr><td valign="top">_pk_id.1295.15a9<br><br></td><td valign="top">earlybird.evedex.com</td><td valign="top">First-party</td><td valign="top">1 year</td><td valign="top">This cookie name is associated with the Piwik open source web analytics platform. It is used to track visitor behaviour and measure site performance.</td></tr><tr><td valign="top">_pk_ses.1295.15a9<br><br></td><td valign="top">earlybird.evedex.com</td><td valign="top">First-party</td><td valign="top">30 minutes</td><td valign="top">This cookie name is associated with the Piwik open source web analytics platform. It is used to track visitor behaviour and measure site performance.</td></tr><tr><td valign="top">yandexuid<br><br></td><td valign="top">.yandex.ru</td><td valign="top">Third-party</td><td valign="top">1 year 1 month</td><td valign="top">Registers data on visitors' website behaviour. This is used for internal analysis and website optimization.</td></tr><tr><td valign="top">bh<br><br></td><td valign="top">.yandex.com</td><td valign="top">Third-party</td><td valign="top">1 year 1 month</td><td valign="top">This cookie is typically associated with the Yandex Metrica tool, used for analyzing the actions of users on the website to help improve user experience and monitor website performance.</td></tr><tr><td valign="top">yandexuid<br><br></td><td valign="top">.webvisor.org</td><td valign="top">Third-party</td><td valign="top">1 year 1 month</td><td valign="top">Registers data on visitors' website behaviour. This is used for internal analysis and website optimization.</td></tr><tr><td valign="top">ymex<br><br></td><td valign="top">.yandex.ru</td><td valign="top">Third-party</td><td valign="top">1 year</td><td valign="top">Stores auxiliary information for Yandex.Metrica performance: ID creation time and their alternative values.</td></tr><tr><td valign="top">_pk_ses.1295.1d13<br><br></td><td valign="top">demo-exchange.evedex.com</td><td valign="top">First-party</td><td valign="top">30 minutes</td><td valign="top">This cookie name is associated with the Piwik open source web analytics platform. It is used to help website owners track visitor behaviour and measure site performance.</td></tr><tr><td valign="top">yashr<br><br></td><td valign="top">.yandex.ru</td><td valign="top">Third-party</td><td valign="top">1 year</td><td valign="top">This cookie is used for tracking and analytics purposes, registering data on users' behavior on the website.</td></tr><tr><td valign="top">_pk_id.1295.fc59<br><br></td><td valign="top">evedex.com</td><td valign="top">First-party</td><td valign="top">1 year</td><td valign="top">This cookie name is associated with the Piwik open source web analytics platform. It is used to help website owners track visitor behaviour and measure site performance.</td></tr><tr><td valign="top">_pk_ses.1295.fc59<br><br></td><td valign="top">evedex.com</td><td valign="top">First-party</td><td valign="top">30 minutes</td><td valign="top">This cookie name is associated with the Piwik open source web analytics platform. It is used to help website owners track visitor behaviour and measure site performance.</td></tr><tr><td valign="top">_pk_id.1295.1d13<br><br></td><td valign="top">demo-exchange.evedex.com</td><td valign="top">First-party</td><td valign="top">1 year</td><td valign="top">This cookie name is associated with the Piwik open source web analytics platform. It is used to help website owners track visitor behaviour and measure site performance.</td></tr><tr><td valign="top">bh<br><br></td><td valign="top">.yandex.ru</td><td valign="top">Third-party</td><td valign="top">1 year 1 month</td><td valign="top">This cookie is typically associated with the Yandex Metrica tool, used for analyzing the actions of users on the website to help improve user experience and monitor website performance.</td></tr><tr><td valign="top">_ym_visorc<br><br></td><td valign="top">.evedex.com</td><td valign="top">First-party</td><td valign="top">30 minutes</td><td valign="top">This cookie is used to record session data, allowing for the recording and analysis of user behavior on the site, contributing to the improvement of user experience and performance metrics.</td></tr><tr><td valign="top">bh<br><br></td><td valign="top">.webvisor.org</td><td valign="top">Third-party</td><td valign="top">1 year 1 month</td><td valign="top">This cookie is typically associated with the Yandex Metrica tool, used for analyzing the actions of users on the website to help improve user experience and monitor website performance.</td></tr><tr><td valign="top">yandexuid<br><br></td><td valign="top">.yandex.com</td><td valign="top">Third-party</td><td valign="top">1 year 1 month</td><td valign="top">Registers data on visitors' website behaviour. This is used for internal analysis and website optimization.</td></tr><tr><td valign="top">_ym_isad<br><br></td><td valign="top">.evedex.com</td><td valign="top">First-party</td><td valign="top">20 hours</td><td valign="top">This Cookie determines whether a User has ad-blockers</td></tr></tbody></table>

*Marketing Cookies*

We also use a marketing cookie when a user interacts with marketing communications, such as a marketing email or a marketing-based landing page on our website. This cookie collects personal information such as your name, which pages you visit on our website, how you arrived at our website. Collected information is used to evaluate the effectiveness of our marketing campaigns or to provide better targeting for marketing. From time to time, cookies set by third parties find their way into this “Marketing” category, but EVEDEX does not always have control over those cookies and does not share personal data with those third parties.

<table><thead><tr><th valign="top">Cookie</th><th valign="top">Domain</th><th valign="top">Type</th><th valign="top">Validity Term</th><th valign="top">Description</th></tr></thead><tbody><tr><td valign="top">_gcl_au<br><br></td><td valign="top">.evedex.com</td><td valign="top">First-party</td><td valign="top">3 months</td><td valign="top">Used by Google AdSense for experimenting with advertisement efficiency across websites using their services</td></tr><tr><td valign="top">_fbp<br><br></td><td valign="top">.evedex.com</td><td valign="top">First-party</td><td valign="top">3 months</td><td valign="top">Used by Meta to deliver a series of advertisement products such as real time bidding from third party advertisers</td></tr><tr><td valign="top">yuidss<br><br></td><td valign="top">.yandex.ru</td><td valign="top">Third-party</td><td valign="top">1 year</td><td valign="top">Collects information on visitor behaviour on multiple websites. This information is used on the website, in order to optimize the relevance of advertisement.</td></tr><tr><td valign="top">i<br><br></td><td valign="top">.yandex.ru</td><td valign="top">Third-party</td><td valign="top">1 year 1 month</td><td valign="top">This cookie is often used for advertising purposes, to make advertising messages more relevant to the user. It may be involved in delivering targeted advertising based on user behavior and preferences.</td></tr><tr><td valign="top">i<br><br></td><td valign="top">.yandex.com</td><td valign="top">Third-party</td><td valign="top">1 year 1 month</td><td valign="top">This cookie is often used for advertising purposes, to make advertising messages more relevant to the user. It may be involved in delivering targeted advertising based on user behavior and preferences.</td></tr><tr><td valign="top">i<br><br></td><td valign="top">.webvisor.org</td><td valign="top">Third-party</td><td valign="top">1 year 1 month</td><td valign="top">This cookie is often used for advertising purposes, to make advertising messages more relevant to the user. It may be involved in delivering targeted advertising based on user behavior and preferences.</td></tr><tr><td valign="top">yuidss<br><br></td><td valign="top">.webvisor.org</td><td valign="top">Third-party</td><td valign="top">1 year 1 month</td><td valign="top">Collects information on visitor behaviour on multiple websites. This information is used on the website, in order to optimize the relevance of advertisement.</td></tr><tr><td valign="top">yuidss<br><br></td><td valign="top">.yandex.com</td><td valign="top">Third-party</td><td valign="top">1 year 1 month</td><td valign="top">Collects information on visitor behaviour on multiple websites. This information is used on the website, in order to optimize the relevance of advertisement.</td></tr></tbody></table>

*Third Party Website Cookies*

When using our website, you may be directed to other websites for such activities as surveys, to make payment, for job applications, and to view content hosted on those sites such as an embedded video or news article. These websites may use their own cookies. We do not have control over the placement of cookies by other websites you visit, even if you are directed to them from our website.


# Affiliate Agreement

This Affiliate Agreement sets out the terms and conditions that govern your access to and participation in the affiliate program provided by EVEDEX Ltd. This Affiliate Agreement supplements our Terms of Use applicable to you.

By accessing the Platform or participating in the Program, you confirm you have read, understood, and accepted this Affiliate Agreement and Terms of Use, including any amendments to them. If you do not agree with these terms and conditions, please do not participate in the Program.

#### 1. TERMS AND DEFINITIONS

1.1. “**Affiliate**” or “**you**” means you, being an eligible participant in the Program;

1.2. “**Affiliate Agreement**” or “**Agreement**” means this Affiliate Agreement;

1.3. “**Affiliate Code**” and “**Affiliate Link**” mean a unique code or link, respectively, assigned to the Affiliate on the Platform and intended to identify the connection between the Referral and Affiliate;

1.4. “**Commission**” means any commission, rebate, and/or other remuneration paid, or payable, to the Affiliate for participating in the Program;

1.5. “**Confidential Information**” shall have the meaning indicated in clause 12.1;

1.6. “**EVEDEX**”, “**we**,” “**us**” and “**our**” mean EVEDEX Ltd. (Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, LC01 101, Saint Lucia);

1.7. “**Platform**” means our EVEDEX trading platform available through the web version or app;

1.8. “**Program**” means the affiliate program which we make available to you to incentivise you to market and promote the Platform and enable you to refer potential new users;

1.9. “**Referral**” means a person who becomes our user through the Affiliate Code or Affiliate Link;

1.10. “**Referral Affiliate**” shall have the meaning indicated in clause 6.1; and

1.11. “**Terms of Use**” means the Terms of Use published on the Platform, subject to any amendments.

#### 2. THE PROGRAM

2.1. The Program offers the Affiliate the opportunity to earn a Commission by inviting Referrals to access and trade on the platform, in accordance with the terms of this Agreement and any rules introduced by EVEDEX from time to time.

2.2. Unless expressly stated otherwise or prohibited by this Affiliate Agreement, you will be solely responsible for determining the most effective manner and methods to conduct any activities associated with the Program, including determining when, where, and how to conduct Program activities, and the frequency with which you do so. Except as expressly set forth in this Agreement, EVEDEX will not control the manner or prescribe the method you use to conduct Program activities.

2.3. You will be solely responsible for all costs and expenses associated with conducting business, including all payments, taxes, and other business-related expenses incurred in connection with the Program activities.

#### 3. COMMENCEMENT AND DURATION

3.1. This Affiliate Agreement will take effect from the day of your access to the Platform or participation in the Program, provided that you are an eligible user under the Terms of Use.

3.2. We reserve the right to accept or reject your participation in the Program at our sole discretion.

3.3. This Affiliate Agreement will be effective until terminated by either party.

#### 4. AFFILIATE ACCOUNTS; PROMOTIONS

4.1. The Affiliate has access to the account through the Platform, where you can track details of your participation in the Program, including the number of clicks on your Affiliate Links or use of your Affiliate Code, trading volume of your Referrals, pending Commissions and other information.

4.2. You should use diligent efforts to promote and market the Platform on third-party platforms, websites and other resources.

4.3. We may, at our sole discretion, accept or decline any Referral introduced by you and have the right to terminate the business relationship with any Referral at any time.

4.4. All data relating to users accessing the Platform, including your Referrals, will remain as EVEDEX’s sole and exclusive property, and the Affiliate has no right to such information and will not access it.

4.5. You agree and undertake that all Program activities carried out must be professional, appropriate, ethical, made in good faith and lawful under all applicable laws.

#### 5. PROHIBITED ACTIVITIES

5.1. You shall not participate in the Program in any manner that:

5.1.1. involves registering as an Affiliate to generate Commission for a self-trading account or through the use of multiple accounts controlled by you;

5.1.2. is associated with any unfair actions aimed at receiving Commissions through the involvement of bots, controlled accounts and other methods, which is not in line with the purpose of the Program and the nature of the Affiliate Agreement;

5.1.3. “crawls”, “spiders”, indexes or in any non-transitory manner stores or caches information obtained from or pertaining to any user, including the Referrals;

5.1.4. involves purchasing search ads for “EVEDEX” or operating websites/social media that could be confused with official EVEDEX channels;

5.1.5. is unlawful, illegal or unauthorised or advocates, promotes or assists any violence or any unlawful act;

5.1.6. is defamatory of any other person or is likely to harass, upset, embarrass, alarm or annoy any other person, or promotes discrimination;

5.1.7. is obscene, sexually explicit or offensive;

5.1.8. advertises or promotes any other product or business, except products and businesses of EVEDEX or its affiliates;

5.1.9. is likely to disrupt the Platform in any way;

5.1.10. infringes any copyright, trademark, trade secret, or other intellectual property right of any other person;

5.1.11. restricts or inhibits any other person from using the Platform, including, without limitation, by means of “hacking” or defacing any portion of the Platform;

5.1.12. redirect any user away from the Platform;

5.1.13. disables, damages or alters the functioning or appearance of the Platform;

5.1.14. downloads, retrieves, indexes, “data mines”, “scrapes”, “harvests”, including through any robot, spider, site search/retrieval application, or other manual, automatic device or process, information on the Platform or users;

5.1.15. sends unsolicited or unauthorised advertisements, spam, or chain letters to anyone regarding us or the Platform;

5.1.16. transmits any content which contains software viruses, or other harmful computer code, files or programs;

5.1.17. provides false, inaccurate, or misleading information about us or the Platform;

5.1.18. may be harmful to us or our users;

5.1.19. implies that your efforts are part of our business beyond participation in the Program;

5.1.20. involves using any illegal, obscene, immoral or otherwise unacceptable words or expressions in the Affiliate Codes and/or Affiliate Links;

5.1.21. has any negative effect on EVEDEX, its reputation, products, business; or

5.1.22. is otherwise considered unfair, offensive or inappropriate, at our sole discretion.

5.2. We reserve the right to make any adjustment to your Commission and/or remove the generated Commission at our sole discretion, suspend or terminate your Affiliate account in the event of a violation of this Section 5.

5.3. In respect of any Commissions due to be recalled pursuant to the clause 5.2 above, to the extent permitted under applicable law and with prior written notice, EVEDEX is hereby authorised at any time and from time to time to set off and apply any and all the Commissions subsequently accrued and other indebtedness at any time owing by EVEDEX to or for the credit of the account of the Affiliate (including without limitation to any funds in the Affiliate’s trading account with EVEDEX, if any) against such Affiliate’s Commissions due to be recalled, irrespective of whether or not EVEDEX shall have made any demand to recall the same or taken any other steps or measures to enforce its right. For the purpose of this Section, the Affiliate’s trading account with EVEDEX shall mean any account with EVEDEX that is (i) opened by or on behalf of the Affiliate; or (ii) controlled or managed by the Affiliate; or (iii) under common control or management with the Affiliate.

#### 6. SUB-AFFILIATE

6.1. If any of your Referrals becomes an Affiliate in the Program (the “**Referral Affiliate**”) who refers new Referrals to the Platform, then such Referral Affiliate will be deemed as a Sub-Affiliate of you, except when such Referral Affiliate declares to become a Sub-Affiliate of another Affiliate (in which case, for the avoidance of doubt, such Referral Affiliate remains your Referral, but will be treated a Sub-Affiliate of the declared Affiliate for the purpose of calculating their respective Commissions) subject to our approval. In the case of any conflicting claims as to Sub-Affiliates, we reserve the right to determine the matter at our sole discretion, and the Affiliate hereby agrees and accepts that our decision shall be final and conclusive with no liability to any party involved.

#### 7. COMMISSIONS AND PAYMENT

7.1. EVEDEX shall pay you the Commission calculated in accordance with the Commission structure published on the Platform, based on internal data of EVEDEX.

7.2. Commission rates, their calculation rules and other terms and conditions related to the Commission are published on the Platform. You agree that we have the right to amend the Commission rates, calculation rules and other terms at our own discretion at any time.

7.3. Should you discover any discrepancy between your own record and our calculation available at your account, you must notify us in writing of such discrepancy within 10 (ten) working days from the date of the respective part of the Commission and provide sufficient detail of such discrepancy. If you fail to notify us within this term, our calculations shall be final and conclusive, and you are deemed to have waived all rights to contest them in any way.

7.4. Commissions shall remain payable for a minimum of 90 days. If unclaimed within that period, they may be forfeited at EVEDEX’s discretion.

7.5. Payment of the Commissions will be made in cryptocurrency to the wallet associated with your account. At EVEDEX’s sole discretion, and as deemed appropriate, EVEDEX may accommodate other methods of payment or currency.

7.6. EVEDEX is under no obligation whatsoever to pay any Commissions to anyone who does not strictly follow this Agreement or Terms of Use. If the Affiliate breaches any of its obligations or warranties, we reserve the right to withhold any Commissions due to the Affiliate and to recover from the Affiliate any amount of the payments that we had previously made before such breach.

7.7. Any tax imposed by any government, statutory, or tax authority shall be borne by the Affiliate.

#### 8. AFFILIATES’ OBLIGATIONS

8.1. The Affiliate agrees to:

8.1.1. provide and maintain accurate, complete, and up-to-date information when registering for the Program and in the Affiliate account. EVEDEX reserves the right to decline your registration. You are responsible for all activity that occurs under your Affiliate account. Unless otherwise permitted by EVEDEX, you may only possess one account and may not register for an additional Program account;

8.1.2. act solely in accordance with this Agreement and in compliance with all applicable laws and regulations, including those relating to the promotion of cryptocurrencies and finances, and online platforms’ terms and conditions and policies. If the Affiliate is a legal entity, it will ensure that its employees, personnel, associates, and agents comply with this Agreement, and the Affiliate is responsible for their conduct;

8.1.3. check and accept all risks of conducting the Program activities in jurisdictions where the Affiliate will act and where crypto marketing is restricted, and disclose the Affiliate relationship if required by law;

8.1.4. must comply with all applicable data protection laws when conducting the Affiliate activities; and

8.1.5. inform EVEDEX as promptly as reasonably practicable of any material developments or changes in the circumstances or activities of the Affiliate which could reasonably be expected to adversely impact EVEDEX and this Affiliate Agreement.

#### 9. AFFILIATES’ WARRANTIES AND INDEMNITIES

9.1. The Affiliate warrants, represents, and undertakes to EVEDEX that:

9.1.1. the Affiliate has the legal capacity and is free contractually to enter into and to perform the obligations under this Agreement;

9.1.2. in the event the Affiliate is eligible to participate in the Program, perform this Affiliate Agreement and in accordance with the Terms of Use;

9.1.3. the Affiliate is not a subject of economic or trade sanctions administered or enforced by any governmental authority or otherwise designated on any list of prohibited or restricted parties (including but not limited to the list maintained by the Office of Foreign Assets Control of the U.S. Department of the Treasury, European Union and United Kingdom) or a citizen, resident, or organised in a jurisdiction or territory that is the subject of such sanctions;

9.1.4. the Affiliate does not have any criminal convictions of any kind subsisting at the effective date;

9.1.5. the Affiliate has not posted or published any materials on any platforms and/or expressed in writing or on audio record any materials which are regarded by EVEDEX in its sole and absolute discretion as discriminatory, racist, homophobic, sexist or extremist (whether political or religious);

9.1.6. his/her content (save to the extent that he incorporates material provided by EVEDEX) will not infringe the copyright or any other rights of any third party;

9.1.7. his/her content will not contain any defamatory matter, nor breach any contract or law, nor breach any duty of confidentiality, infringe any copyright or data protection rights, nor constitute contempt of court or obscenity;

9.1.8. the rights the Affiliate has granted to EVEDEX are vested in the Affiliate absolutely and the Affiliate has not previously assigned, licensed or in any way encumbered them (save under the terms of use of the social media platform where the copyright works are posted) and the Affiliate agrees not to do so in the future; and

9.1.9. the Affiliate has disclosed in writing to EVEDEX all material facts that are relevant to its engagement as the Affiliate.

9.2. The Affiliate shall indemnify EVEDEX against all liabilities, costs, expenses, damages and losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of reputation and all interest, penalties and legal costs and all other professional costs and expenses) suffered or incurred by EVEDEX arising out of or in connection with any third-party claims or any action, adjudication or decision taken against EVEDEX by any authorities, in each case directly or indirectly arising (in whole or in part) out of any inaccuracy in or breach or non-performance of any of the representations, warranties, covenants or agreements made by such Affiliate in or pursuant to this Agreement.

#### 10. INTELLECTUAL PROPERTY RIGHTS

10.1. During the term of this Agreement, you may use the brand “EVEDEX” solely to create and use your own promotional content for the Program activities, in accordance with this Agreement, the brand guidelines, and other instructions as EVEDEX may make available to you from time to time. You shall immediately stop using such promotional content that you create upon EVEDEX’s notice.

10.2. EVEDEX has the right to reproduce, distribute, display, perform, modify and otherwise use any text, images, videos or other content, your image, your personal data (including promotional content) that you create or publish in connection with the Program for any marketing, promotional or internal business purposes, without attribution or further compensation to you.

10.3. EVEDEX brand and all associated intellectual property, including goodwill, trademarks, service marks, trade dress, logos, are all the property of EVEDEX and/or its affiliates. Your limited right to use the EVEDEX brand in connection with the Program does not give you any right, title or ownership interest with respect to the respective intellectual property. All goodwill arising from your use of the EVEDEX brand in connection with the Program, as permitted under this Agreement, will inure to the sole and exclusive benefit of EVEDEX.

10.4. You agree and acknowledge that your Affiliate activities will be of the highest quality. Should the quality of the Program activities you conduct fall below a standard deemed acceptable by EVEDEX, EVEDEX reserves the right to terminate your permission to use the EVEDEX brand if the quality is not restored within a reasonable time.

#### 11. ANNOUNCEMENT

11.1. The Affiliate agrees to refer all enquiries from the media and other third parties they receive concerning EVEDEX, the Platform, this Agreement, and the Program to EVEDEX.

11.2. The parties shall co-operate in good faith on all announcements regarding this Affiliate Agreement and the Program. The Affiliate shall not issue any announcement regarding this Affiliate Agreement, the Program or use any EVEDEX brand, without first consulting and obtaining the prior written approval of EVEDEX.

#### 12. CONFIDENTIALITY

12.1. The parties recognise that each party has a legitimate interest in maintaining confidentiality regarding this Affiliate Agreement, the subject matter of this Affiliate Agreement or any other agreements, documents or transactions referred to or contemplated herein and all trade secrets, confidential and/or proprietary knowledge or information of or disclosed by each other party which that party may receive or obtain as a result of entering into or performing its obligations under this Affiliate Agreement (collectively, “**Confidential Information**”).

12.2. Each party undertakes to the other parties that it shall keep the Confidential Information in the strictest confidence, and shall not, without the prior written consent of the party disclosing the Confidential Information, use or disclose to any person Confidential Information or information which by its nature ought to be regarded as confidential (including without limitation, any business information in respect of the each other party which is not directly applicable or relevant to the transactions contemplated by this Affiliate Agreement).

12.3. Clause 12.2 shall not prohibit disclosure or use of any Confidential Information if and to the extent:

12.3.1. the disclosure or use is required by law, any regulatory body or any stock exchange on which the shares of either party (or its holding company) are listed;

12.3.2. the disclosure or use is required for the purpose of any arbitral or judicial proceedings arising out of this Affiliate Agreement or any other agreement entered into under or pursuant to this Affiliate Agreement;

12.3.3. the disclosure is made to professional advisers or consultants of any party on a need-to-know basis and on terms that such professional advisers or consultants undertake to keep confidentiality on terms similar to the Affiliate Agreement;

12.3.4. the information is or becomes publicly available (other than as a result of any breach of confidentiality);

12.3.5. the disclosing party has given prior written approval to the disclosure or use; and

12.3.6. the Confidential Information is already in the lawful possession of the party receiving such information (as evidenced by written records) at the time of disclosure.

#### 13. LIMITATION OF LIABILITY

13.1. References to liability in this section include every kind of liability arising under or in connection with this Affiliate Agreement, including but not limited to liability in contract, tort (including negligence), misrepresentation, restitution or otherwise.

13.2. Nothing in this Affiliate Agreement limits any liability which cannot legally be limited, including liability for death or personal injury caused by negligence, and fraud or fraudulent misrepresentation.

13.3. Subject to Clause 13.2:

13.3.1. total liability of EVEDEX to the Affiliate under this Affiliate Agreement shall not exceed the Commissions payable by us to the Affiliate under this Affiliate Agreement; and

13.3.2. EVEDEX shall not have any liability to the Affiliate for any damages arising from the use or misuse of, or inability to use, the Platform, third-party content or the Affiliate account, regardless of whether such damages are direct, indirect, special, incidental or consequential damages of any character, including damages for trading losses, loss of information, business interruption or lost profits, lost savings, or loss of data, or liabilities under any contract, negligence, strict liability, or other theory arising out of or relating in any manner to the site, the platform, third-party content or the Affiliate account or for any claim or demand by any third party, even if we knew or had reason to know of the possibility of such damages, claim or demand as well as for lost profit, indirect, incidental, special or consequential loss.

13.4. EVEDEX shall have no liability for loss of publicity or loss of opportunity to enhance the Affiliate’s reputation, even if EVEDEX delays or abandons the Program.

13.5. To the maximum extent permitted by applicable law, you agree to defend, indemnify, and hold harmless us, our affiliates and employees from and against any and all claims (including third-party claims), actions, loss, liabilities, expenses, costs, or demands, including, without limitation, legal and accounting fees, directly or indirectly, resulting from or by reason of (i) your use, misuse, or inability to use the Platform, the Affiliate account, or any of the content, or any content or information that you provided to the Platform; or (ii) your breach of this Affiliate Agreement, including those documents that are expressly incorporated into this Affiliate Agreement by reference and form a part of this Affiliate Agreement.

13.6. We shall notify you by email, mail, or other appropriate means of any such claim or suit, and reasonably cooperate (at your expense) in the defence of such claim or suit. We reserve the right to participate in the defence of such claims or choose our own legal counsel, but are not obliged to do so.

13.7. Force Majeure. We will not be liable for our failure to perform any obligations under this Affiliate Agreement due to events beyond our control, and the time provided for performing such obligations shall be extended by a period of time equal to the duration of such events. Events beyond our control include, but are not limited to, acts of God, war, riot, arson, embargoes, civil commotion, strikes, labor disputes, equipment failures, bank failures, virtual currency market collapse or fluctuations, credit or debit card transaction processing failures, strikes, fire, flood, earthquake, hurricanes, tropical storms or other natural disaster or casualty, shortages of labor or material, shortage of transportation, facilities, fuel, energy, government regulation or restriction, including sanctions, acts of civil or military authority or terrorism, fiber cuts, weather conditions, breaches or failures to perform by third parties, technical problems, including hardware and software crashes and other malfunctions, failure of the telecommunications or information services infrastructure, hacking, SPAM or failure of any computer, server or software disruptions on account of or caused by vandalism, theft, phone service outages, power outage, Internet disruptions, viruses, and mechanical, power or communications failures.

#### 14. TERMINATION

14.1. EVEDEX may terminate this Affiliate Agreement by sending you a notice effective immediately, without cause or upon any breach, such breach determined at the sole and absolute discretion of EVEDEX.

14.2. The Affiliate may terminate this Affiliate Agreement by sending a written notice 30 days before the termination.

14.3. Upon termination, your rights as set forth in this Affiliate Agreement will immediately terminate, and you will immediately cease conducting all Program activities.

#### 15. OTHER PROVISIONS

***Further Assurances***

15.1. Each of the parties shall, and shall use its reasonable endeavors to procure and ensure that any necessary third party shall, from time to time execute such documents and perform such acts and things as any of the parties may reasonably require to give each of the parties the full benefit and effect of this Affiliate Agreement.

***Whole Agreement***

15.2. The Affiliate Agreement contain the whole agreement between the parties relating to the subject matter of this Affiliate Agreement at the effective date to the exclusion of any terms implied by law which may be excluded by contract and supersedes any other previous written or oral agreement between the parties in relation to the matters dealt with in this Affiliate Agreement.

***Waiver***

15.3. Any liability to any party under this Affiliate Agreement may in whole or in part be released, compounded or compromised, or time or indulgence given, by it in its absolute discretion as regards the other party under such liability without in any way prejudicing or affecting its rights against such other party in any other respect.

15.4. No failure on the part of any party to exercise and no delay on the part of any party in exercising any right hereunder will operate as a release or waiver thereof, nor will any single or partial exercise of any right under this Affiliate Agreement preclude any other or further exercise of it or any other right or remedy.

***Assignment***

15.5. The Affiliate shall not assign, transfer, mortgage, charge, subcontract, declare a trust over or deal in any other manner with any of their rights and obligations under this Affiliate Agreement without prior written consent of EVEDEX.

15.6. EVEDEX may at any time assign, mortgage, charge, subcontract, delegate, declare a trust over or deal in any other manner with any or all of its rights and obligations under this Affiliate Agreement without reference to the Affiliate but by serving a written notice on you, which takes effect upon the delivery of such notice.

***Third Party Rights***

15.7. A person who is not a party to this Affiliate Agreement has no right to enforce any term of, or enjoy any benefit under, this Affiliate Agreement.

***Costs and Expenses***

15.8. Each party shall pay its own taxes, legal, professional and other costs and expenses in connection with the execution and performance of this Affiliate Agreement.

***Notices***

15.9. Any notice required under this Affiliate Agreement shall be given:

15.9.1. to EVEDEX: in writing and sent to the address and email address indicated below;

15.9.2. to the Affiliate: through the Affiliate account with immediate effect.

***Invalidity***

15.10. If any provision in this Affiliate Agreement shall be held to be illegal, invalid or unenforceable, in whole or in part, the provision shall apply with whatever deletion or modification is necessary so that the provision is legal, valid and enforceable and gives effect to the commercial intention of the parties.

15.11. To the extent it is not possible to delete or modify the provision, in whole or in part, under Clause 15.10, then such provision or part of it shall, to the extent that it is illegal, invalid or unenforceable, be deemed not to form part of this Affiliate Agreement and the legality, validity and enforceability of the remainder of this Affiliate Agreement shall, subject to any deletion or modification made under Clause 15.10, not be affected.

***Translation***

15.12. This Affiliate Agreement may be translated into another language. However, in the event of any inconsistency between the English language version and a translated version, this English version will at all times prevail.

***Nature of Agreement***

15.13. Nothing in this Affiliate Agreement will create, or be deemed to create a partnership, a joint venture, an agency, a fiduciary duty or a contract of employment between the parties. The only relationship created by this Affiliate Agreement is that of independent contractors, and EVEDEX will not, in any event, be regarded as the employer of the Affiliate. Except as expressly provided herein, neither party by virtue of this Affiliate Agreement has the authority to transact any business in the name of the other party or on its behalf or to incur any liability for or on behalf of the other party.

***Jurisdiction and Dispute Resolution***

15.14. This Affiliate Agreement shall be governed by and construed in accordance with the laws of England and Wales.

15.15. Each Party irrevocably agrees that the courts of Saint Lucia shall have exclusive jurisdiction to settle any dispute or claim arising out of or in connection with this Affiliate Agreement or its subject matter or formation (including non-contractual disputes or claims).

15.16. Before commencing any legal proceedings in connection with this Affiliate Agreement, the parties shall seek to resolve any dispute, controversy or claim arising out of or in relation to this Affiliate Agreement (including any question regarding its existence, validity or termination) through good faith negotiations. Either party may initiate this process by giving written notice to the other party of the dispute and the matters in dispute. Upon such notice, the parties shall use all reasonable endeavours to meet (in person or virtually) within 14 (fourteen) days to resolve the dispute.

***Amendments***

15.17. EVEDEX reserves the right to unilaterally modify this Affiliate Agreement (including the contents above) and the terms and conditions of the Program, if necessary. If any changes are made, they will be published on the Platform. Please regularly check the latest information posted on the Platform to inform yourself of any changes. Your continued use of, access to or participation in the Program and/or the Platform following the posting of any changes constitutes acceptance of those changes.

#### 16. CONTACTING US

You may contact EVEDEX regarding this Affiliate Agreement or the Platform as follows:

EVEDEX Ltd

Address: Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, LC01 101, Saint Lucia Registration number: 2024-00551

e-mail: <info@evedex.com>


# AI Bots

{% content-ref url="/pages/5VLOmehG2rtq7j9seuYg" %}
[Terms of Use: Bots](/legal/global/ai-bots/terms-of-use-bots)
{% endcontent-ref %}

{% content-ref url="/pages/iN8nUyZ4DyB0DPbuQKsj" %}
[Risk Disclosure: Bots](/legal/global/ai-bots/risk-disclosure-bots)
{% endcontent-ref %}


# Terms of Use: Bots

**1. General**

1.1. These Terms of Use: Bots (“Terms”) explain the terms and conditions by which you may use bots, available on the Platform, including AI Bots (the “Bots”).

1.2. Bots made available by EVEDEX Ltd. (“Company”, “we”, “us” or “our”), unless otherwise indicated by us.

1.3. Please read these Terms carefully, as these Terms govern your use of the Bots.

1.4. By using the AI Bots, you accept and agree to be bound by and to comply with these Terms. If you do not agree to these Terms, then you must not access or use the Bots.

1.5. These Terms form part of, and shall be read together with, each of the terms and conditions available on the Company’s platform (the “Platform”).

**2. Use of Bots**

2.1. These Terms apply to the use of any trading tools available through the Platform, which enables users to place orders for execution by way of a predetermined execution methodology, which are based on AI tools.

2.2. In offering Bots to Users, EVEDEX does not provide any investment advice or recommending any particular Bot, trading strategy and/or trading parameter as appropriate and/or suitable for User. User shall be solely responsible for determining whether or not to make use of any Bots and for selecting an appropriate feature, trading strategy and/or parameters in light of their investment objectives, risk tolerance, financial situation and needs. EVEDEX makes no representation or warranty as to the outcome of the use of any Bot and will not be liable to User for any loss that might arise from or in connection with their use of any Bot.

2.3. The Platform allows Users to join trading strategies, including those created by AI, so as to enable transactions to be executed automatically by way of algorithm, based on certain parameters as selected by the User or by the respective Bot chosen by the User (the “Strategy”).

2.4. User acknowledges that the selected Strategy will dictate the operation of the trading and that User shall be entirely responsible for choosing the strategy, regardless of whether such strategy are suggested or pre-populated on the Platform and regardless whether the Strategy is based on the suggestions of third-parties, AI tools or otherwise.

2.5. User shall be responsible for ensuring that the chosen Strategy is appropriate for User in light of their own investment objectives and will be consistent with any limitations or conditions that may apply to User with respect to the execution of any transaction. Use of any Strategy is at User’s own discretion and EVEDEX does not determine the suitability of any Strategy for User or make any representation or warranty that any Strategy will be profitable. Any risk associated with a chosen Strategy resides solely with User, not EVEDEX.

2.6. The User acknowledges and accepts that any indication of historical profit or loss, which has been made or would have been made by any Bot, is for informative and illustrative purposes and does not guarantee any profit in the future.

2.7. The User also acknowledges that the Bots and respective Strategy may be cancelled due to regulatory restrictions, market disruption, and/or systems failure. EVEDEX shall not be liable to User in respect of any losses incurred in connection with the cancellation of any Bot or Strategy.

2.8. Given the associated risks, Users shall be responsible for ensuring that they fully understand the risks of any Strategy and for conducting thorough due diligence to ensure that this feature is suitable for them and that they have read and agreed with the risk disclosures available on the Platform.

2.9. Transactions entered into the Bot may incur trading fees. User should consider the impact of trading fees on the performance of the relevant Strategy before deciding to use any Bot.

**3. No warranties and no fiduciary duty**

3.1. To the fullest extent permitted by law, we disclaim any representations and warranties of any kind, whether express, implied, or statutory, including, but not limited to, the warranties of merchantability and fitness for a particular purpose, for any profit and profit in general. You acknowledge and agree that your use of the Bots is at your own risk. We do not represent or warrant that access to the Bots will be continuous, uninterrupted, timely, or secure; that the information contained in Bots or Strategy will be accurate, reliable, complete, or current; or that Bots will be free from errors, defects, viruses, or other harmful elements. No advice, information, or statement that we make should be treated as creating any warranty concerning the Bots. We do not endorse, guarantee, or assume responsibility for any advertisements, offers, or statements made by third parties concerning the Bots.

3.2. EVEDEX does not act as a fiduciary, investment adviser, or trustee for any User in connection with the Bots. No information, functionality, or feature made available through the Bots shall be construed as personalized investment advice or a fiduciary recommendation. Users remain solely responsible for their own investment decisions, strategies, and risk management.

**4. Suspension and Termination**

4.1. EVEDEX reserves the right, at its sole discretion, to suspend, restrict, or terminate an access to the Bots or Strategy at any time and without prior notice, including but not limited to cases of technical issues, regulatory requirements, suspected misuse, security concerns, or other reasons deemed necessary by the Company. The Company shall not be liable for any losses or damages arising from such suspension, restriction, or termination.

**5. Miscellaneous**

5.1. In all other regards our relations should be governed by the terms and conditions available on the Platform.


# Risk Disclosure: Bots

* You should carefully consider your financial situation, including any financial obligations, before making trading decisions.
* Trading, including trading with bots, is highly speculative and you may incur losses, including the total loss of your invested capital.
* There are no guarantees of future profits or any other positive results from the use of bots.
* The use of bots involves the automatic execution of trades without your direct involvement.
* Your results may differ significantly from the historical or test results of bots.
* We make no representations or warranties regarding:

\- the outcomes of trading through bots;

\- the accuracy of bot actions;

\- the absence of errors, malfunctions, or technical failures in bot operation.

* Bot performance may depend on external factors (such as market liquidity, network delays, or actions of other market participants) which are beyond our control.
* The use of bots does not relieve you of the responsibility to monitor your trading activity and manage risks (including setting limits, stop-losses, and other protective measures).
* You are solely responsible for the selection, activation, and use of a bot, including all results, losses, and consequences arising from its use.
* AI bots do not constitute investment advice, recommendations, or guarantees of performance. The decision to use them is made entirely at your own discretion.
* In the event of technical failures, algorithm errors, or other unforeseen circumstances, you acknowledge the risk of incorrect or unintended execution of trades.
* The use of bots may also result in additional costs (including fees, slippage, and position liquidations).


# Subscription Agreement

This Subscription Agreement (the “**Agreement**”) governs the terms of use for the Paid Subscription (as defined below) between EVEDEX (“**Evedex**”, “**we**,” “**us**” and “**our**”) and a user (the “**User**”). This Agreement supplements our Terms of Use applicable to you.

By paying for the Paid Subscription, the User confirms that the User has read, understood, and accepted this Agreement and Terms of Use.

EVEDEX paid subscription provides access to exclusive benefits and enhanced features in addition to the Loyalty Program (as defined below), which the User understands and accepts.

#### **1. Terms and definitions**

1.1. **Appendix** — an integral part of this Agreement, which describes in detail all services and benefits under the Paid Subscriptions.

1.2. **Loyalty Program** – the basic, free rewards system that allows Users to receive benefits based on their activity on the Platform. Participation in the Program begins automatically upon accessing the Platform. Details of the Loyalty Program are available on the Platform

1.3. **Paid Subscription** — services and benefits provided to the User by EVEDEX or its counterparts, assigned by EVEDEX, for a fee for a specific period under this Agreement.

1.4. **Platform** — our EVEDEX platform, available through the web version or the app.

1.5. **Skill Point (SP)** — An internal system unit awarded to the User under the Loyalty Program.

1.6. **User** — an individual who has purchased the Paid Subscription and uses the Platform.

#### 2. Paid Subscriptions

2.1. By purchasing the Paid Subscription, the User will receive services and benefits as specified in the Appendix.

2.2. Payment is made according to the procedures and methods indicated on the Platform.

2.3. The Platform may offer an auto-renewal feature. In this case, if recurrent payment is supported by the chosen method, the payment for the next period will be charged automatically unless the User cancels the Paid Subscription before the end of the current paid period.

2.4. Services and benefits under the Paid Subscription related to this Agreement may be provided by EVEDEX or its affiliates or counterparties.

#### 3. Cancellation

3.1. The User may cancel the renewal of the Paid Subscription at any time in their profile settings. The Paid Subscription will remain active until the end of the paid period.

3.2. All benefits provided under the Paid Subscription are valid strictly until its expiration date. Upon the expiration of the Paid Subscription, all benefits provided by it are forfeited.

3.3. Skill Points awarded as part of the Paid Subscription are temporary and are forfeited when the subscription ends.

3.4. If, at the time the subscription expires, the User has already spent the Skill Points from that subscription to acquire bonuses ("artifacts"), a grace period of 14 (fourteen) calendar days is granted to renew the Paid Subscription at the same or a higher tier.

3.5. If the Paid Subscription is not renewed within the grace period, EVEDEX has the right to revoke the benefits and bonuses that the User obtained by spending the Skill Points from the expired Paid Subscription.

#### 4. Refunds

4.1. All charges for Paid Subscription are non-refundable. It is not possible to get a “partial refund” if the User wishes to cancel their Paid Subscription – it will remain valid until the end of its purchased period.

#### 5. Final Provisions

5.1. EVEDEX provides all services and features on an "as is" basis. EVEDEX does not guarantee that the Loyalty Program and Paid Subscription will meet the User's specific goals or expectations.

5.2. EVEDEX reserves the right to unilaterally change the terms of this Agreement and its Appendices, including the list of bonuses as well as the Paid Subscription costs and content. If any changes are made, they will be published on the Platform. Please regularly check the latest information posted on the Platform to inform yourself of any changes. Your continued use of, access to the Platform following the posting of any changes constitutes acceptance of those changes.

5.3. The User undertakes to monitor changes to the Agreement. Continued use of the Platform after changes are made constitutes the User's acceptance of the new terms.

5.4. If Users violates this Agreement or our Terms of Use, EVEDEX has the right to terminate this Agreement immediately.

5.5. EVEDEX may at any time assign any or all of its rights and obligations under this Agreement without reference by serving a notice to you, which takes effect upon the delivery of such notice.

5.6. This Agreement shall be governed by and construed in accordance with the laws of England and Wales.

5.7. For all questions related to this Agreement, the User may contact the Platform's support service.

5.8. You may contact EVEDEX regarding this Agreement as follows:

e-mail: <info@evedex.com>.

<h4 align="center">Appendix 1 to the Subscription Agreement</h4>

<p align="center">PRIME PAID SUBSCRIPTION</p>

* Access to EVEDEX Academy materials.
* 5 Skill Points (provided one time upon first subscription).
* Dedicated support manager on the Platform.
* Special profile customization options and "EVEDEX Prime" status for user profile on the Platform. In addition to design feature, the “EVEDEX Prime” status allows you to obtain:
  * Additional 5% to cashback provided by other entity; and
  * Additional 5% to affiliate commissions provided under the Affiliate Agreement by other entity.


# Event Rules

Rules for the ongoing events on the EVEDEX platform:

{% content-ref url="/pages/xe21Z0day7oZnhFJtxsp" %}
[EVEDEX Newcomers Event Rules](/legal/global/event-rules/evedex-newcomers-event-rules)
{% endcontent-ref %}

{% content-ref url="/pages/U1FiRBypjiGLi6sUVwRf" %}
[EVEDEX Trading Challenge March 2026 Rules](/legal/global/event-rules/evedex-trading-challenge-march-2026-rules)
{% endcontent-ref %}

{% content-ref url="/pages/425K4KH92Om8zWi2afQi" %}
[EVEDEX Deposit Bonus Program](/legal/global/event-rules/evedex-deposit-bonus-program)
{% endcontent-ref %}

{% content-ref url="/pages/sX0GAVxTFE0C3j8BEzcP" %}
[EVEDEX Trading Challenge (3 Season)](/legal/global/event-rules/evedex-trading-challenge-3-season)
{% endcontent-ref %}


# EVEDEX Newcomers Event Rules

**Event Details:** &#x20;

EVEDEX Newcomers&#x20;

**Event Period:** &#x20;

Every two weeks, according to the following schedule:

#### Competition Schedule

<table data-header-hidden><thead><tr><th width="97.199951171875">Round</th><th>Period</th></tr></thead><tbody><tr><td>1</td><td>19 January 2026 12:00:00 pm (UTC) - 2 February 2026 11:59:59 am (UTC)</td></tr><tr><td>2</td><td>2 February 2026 12:00:00 pm (UTC) - 16 February 2026 11:59:59 am (UTC)</td></tr><tr><td>3</td><td>16 February 2026 12:00:00 pm (UTC) - 2 March 2026 11:59:59 am (UTC)</td></tr><tr><td>4</td><td>2 March 2026 12:00:00 pm (UTC) - 16 March 2026 11:59:59 am (UTC)</td></tr><tr><td>5</td><td>16 March 2026 12:00:00 pm (UTC) - 30 March 2026 11:59:59 am (UTC)</td></tr><tr><td>6</td><td>30 March 2026 12:00:00 pm (UTC) – 13 April 2026 11:59:59 am (UTC)</td></tr><tr><td>7</td><td>13 April 2026 12:00:00 pm (UTC) – 27 April 2026 11:59:59 am (UTC)</td></tr><tr><td>8</td><td>27 April 2026 12:00:00 pm (UTC) – 11 May 2026 11:59:59 am (UTC)</td></tr><tr><td>9</td><td>11 May 2026 12:00:00 pm (UTC) – 25 May 2026 11:59:59 am (UTC)</td></tr><tr><td>10</td><td>25 May 2026 12:00:00 pm (UTC) – 8 June 2026 11:59:59 am (UTC</td></tr><tr><td>11</td><td>8 June 2026 12:00:00 pm (UTC) – 22 June 2026 11:59:59 am (UTC)</td></tr><tr><td>12</td><td>22 June 2026 12:00:00 pm (UTC) – 6 July 2026 11:59:59 am (UTC)</td></tr><tr><td>13</td><td>6 July 2026 12:00:00 pm (UTC) – 20 July 2026 11:59:59 am (UTC)</td></tr><tr><td>14</td><td>20 July 2026 12:00:00 pm (UTC) – 3 August 2026 11:59:59 am (UTC)</td></tr><tr><td>15</td><td>3 August 2026 12:00:00 pm (UTC) – 17 August 2026 11:59:59 am (UTC)</td></tr><tr><td>16</td><td>17 August 2026 12:00:00 pm (UTC) – 31 August 2026 11:59:59 am (UTC)</td></tr><tr><td>17</td><td>31 August 2026 12:00:00 pm (UTC) – 14 September 2026 11:59:59 am (UTC)</td></tr><tr><td>18</td><td>14 September 2026 12:00:00 pm (UTC) – 28 September 2026 11:59:59 am (UTC)</td></tr><tr><td>19</td><td>28 September 2026 12:00:00 pm (UTC) – 12 October 2026 11:59:59 am (UTC)</td></tr><tr><td>20</td><td>12 October 2026 12:00:00 pm (UTC) – 26 October 2026 11:59:59 am (UTC)</td></tr><tr><td>21</td><td>26 October 2026 12:00:00 pm (UTC) – 9 November 2026 11:59:59 am (UTC)</td></tr><tr><td>22</td><td>9 November 2026 12:00:00 pm (UTC) – 23 November 2026 11:59:59 am (UTC)</td></tr><tr><td>23</td><td>23 November 2026 12:00:00 pm (UTC) – 7 December 2026 11:59:59 am (UTC)</td></tr></tbody></table>

#### Eligibility Criteria&#x20;

* User is eligible to trade on EVEDEX subject to the EVEDEX Terms of Use.
* User must be a new user, i.e. the account with EVEDEX must be created during the respective round of the event.

#### Participation Procedure&#x20;

1. Create EVEDEX account.&#x20;
2. Complete at least one trade on EVEDEX.
3. Earn XP by completing the tasks available on EVEDEX.

#### Rewards

The total prize pool allocated for each round of this event is 250 USDT to be distributed as follows:&#x20;

* 1st place: USDT 125;&#x20;
* 2nd place: USDT 75;
* 3rd place: USDT 50.

#### Winner Selection and Reward Distribution&#x20;

The total prize pool will be distributed among the top 3 eligible users based on their XP formula score. &#x20;

The winners will be determined on the basis of EVEDEX data within 7 (seven) days from the end of the respective round of the event. &#x20;

USDT rewards will be transferred to the EVEDEX accounts of respective users within ten (10) days following the official announcement of the results.&#x20;

#### Terms & Conditions:&#x20;

No payment or purchase is needed to participate. Rewards are provided solely based on the formula described above.&#x20;

By participating in the contest, users agree to comply with all terms and conditions.

Any dishonest, abusive and fraudulent activity can result in disqualification at the sole discretion of EVEDEX. EVEDEX may disqualify, exclude, or adjust any trading volume for: wash trading; self-matching; coordinated or circular trading; spoofing/layering; quote stuffing; abusive API usage aimed at artificial volume generation; account sharing; referral fraud.

The personal data of users will only be processed as long as necessary for event operations.&#x20;

Users are solely responsible for all tax obligations arising from their participation in this event.&#x20;

EVEDEX is not responsible for determining the legal status of cryptocurrency usage within any participants’ jurisdiction.&#x20;

By accepting a prize, winners consent to EVEDEX’s use of their wallet (and, if separately agreed, likeness) for winner announcements and promotional materials relating to the Event, without additional compensation.

The event is not sponsored, supported or managed by any social media platform.&#x20;

EVEDEX may modify, suspend, or cancel the Event if fraud, technical failures, market conditions, regulatory changes, or any other events impair its integrity or feasibility. No investment advice or solicitation is intended.

This event is not for UK retail.


# EVEDEX Trading Challenge March 2026 Rules

**Event Details:**

EVEDEX Trading Challenge

**Event Period:**

From 9 March 2026 12:00:00 pm (UTC) to 9 April 2026 11:59:59 am (UTC).

The Prize Pool and Trading Volume are calculated on a daily basis. “Day” means a period from 12:00 pm UTC of the day until 11:59:59 am of the next day.

#### How to participate:

1. User is eligible to trade on EVEDEX subject to the EVEDEX Terms of Use.
2. User must trade on EVEDEX during the Event Period.

<h4 align="center">(I) Main Trading Challenge</h4>

**Prize Pool:**

Daily prize pool depends on the total daily trading volume on EVEDEX during the day of the Event Period:

| Daily Total Trading Volume | USDT Prize Pool | Points Prize Pool |
| -------------------------- | --------------- | ----------------- |
| USDT 5,000,000             | USDT 1,250      | 16,000            |
| USDT 10,000,000            | USDT 2,500      | 32,000            |
| USDT 15,000,000            | USDT 3,750      | 48,000            |
| USDT 20,000,000            | USDT 5,000      | 64,000            |
| USDT 40,000,000            | USDT 10,000     | 128,000           |

For avoidance of any doubt, if the Daily Total Trading Volume is below USDT 5,000,000, there is no prize pool for the respective day.

**Winners:**

The winner for each day is determined on the basis of the trading volume of the user during the whole Event Period.

To be qualified as a winner, the trading volume of the user during the Event Period shall exceed USDT 10,000.

Referrals and sub-referrals’ trading volume is not counted.&#x20;

**USDT Rewards:**

USDT Rewards will be distributed among the first 50 users on the basis of the user trading volume during the Event Period as follows:

<table><thead><tr><th width="84">Place</th><th width="124">Daily Prizes in USDT with 1,250 Prize Pool</th><th width="141.60003662109375">Daily Prizes in USDT with 2,500 Prize Pool</th><th width="142.4000244140625">Daily Prizes in USDT with 3,750 Prize Pool</th><th width="134.4000244140625">Daily Prizes in USDT with 5,000 Prize Pool</th><th width="152.4000244140625">Daily Prizes in USDT with 10,000 Prize Pool</th></tr></thead><tbody><tr><td>1</td><td>176.125</td><td>352.25</td><td>528.375</td><td>704.5</td><td>1409</td></tr><tr><td>2</td><td>129.125</td><td>258.25</td><td>387.375</td><td>516.5</td><td>1033</td></tr><tr><td>3</td><td>105.625</td><td>211.25</td><td>316.875</td><td>422.5</td><td>845</td></tr><tr><td>4</td><td>82.25</td><td>164.5</td><td>246.75</td><td>329</td><td>658</td></tr><tr><td>5</td><td>70.5</td><td>141</td><td>211.5</td><td>282</td><td>564</td></tr><tr><td>6</td><td>58.75</td><td>117.5</td><td>176.25</td><td>235</td><td>470</td></tr><tr><td>7</td><td>52.875</td><td>105.75</td><td>158.625</td><td>211.5</td><td>423</td></tr><tr><td>8</td><td>47</td><td>94</td><td>141</td><td>188</td><td>376</td></tr><tr><td>9</td><td>41.125</td><td>82.25</td><td>123.375</td><td>164.5</td><td>329</td></tr><tr><td>10</td><td>35.25</td><td>70.5</td><td>105.75</td><td>141</td><td>282</td></tr><tr><td>11</td><td>29.375</td><td>58.75</td><td>88.125</td><td>117.5</td><td>235</td></tr><tr><td>12</td><td>26.375</td><td>52.75</td><td>79.125</td><td>105.5</td><td>211</td></tr><tr><td>13</td><td>24.625</td><td>49.25</td><td>73.875</td><td>98.5</td><td>197</td></tr><tr><td>14</td><td>23.5</td><td>47</td><td>70.5</td><td>94</td><td>188</td></tr><tr><td>15</td><td>22.25</td><td>44.5</td><td>66.75</td><td>89</td><td>178</td></tr><tr><td>16</td><td>21.125</td><td>42.25</td><td>63.375</td><td>84.5</td><td>169</td></tr><tr><td>17</td><td>20</td><td>40</td><td>60</td><td>80</td><td>160</td></tr><tr><td>18</td><td>18.75</td><td>37.5</td><td>56.25</td><td>75</td><td>150</td></tr><tr><td>19</td><td>17.625</td><td>35.25</td><td>52.875</td><td>70.5</td><td>141</td></tr><tr><td>20</td><td>16.5</td><td>33</td><td>49.5</td><td>66</td><td>132</td></tr><tr><td>21</td><td>15.25</td><td>30.5</td><td>45.75</td><td>61</td><td>122</td></tr><tr><td>22</td><td>14.125</td><td>28.25</td><td>42.375</td><td>56.5</td><td>113</td></tr><tr><td>23</td><td>12.875</td><td>25.75</td><td>38.625</td><td>51.5</td><td>103</td></tr><tr><td>24</td><td>12.375</td><td>24.75</td><td>37.125</td><td>49.5</td><td>99</td></tr><tr><td>25</td><td>11.75</td><td>23.5</td><td>35.25</td><td>47</td><td>94</td></tr><tr><td>26</td><td>11.125</td><td>22.25</td><td>33.375</td><td>44.5</td><td>89</td></tr><tr><td>27</td><td>10.625</td><td>21.25</td><td>31.875</td><td>42.5</td><td>85</td></tr><tr><td>28</td><td>10</td><td>20</td><td>30</td><td>40</td><td>80</td></tr><tr><td>29</td><td>9.375</td><td>18.75</td><td>28.125</td><td>37.5</td><td>75</td></tr><tr><td>30</td><td>8.75</td><td>17.5</td><td>26.25</td><td>35</td><td>70</td></tr><tr><td>31</td><td>8.25</td><td>16.5</td><td>24.75</td><td>33</td><td>66</td></tr><tr><td>32</td><td>7.875</td><td>15.75</td><td>23.625</td><td>31.5</td><td>63</td></tr><tr><td>33</td><td>7.625</td><td>15.25</td><td>22.875</td><td>30.5</td><td>61</td></tr><tr><td>34</td><td>7.375</td><td>14.75</td><td>22.125</td><td>29.5</td><td>59</td></tr><tr><td>35</td><td>7</td><td>14</td><td>21</td><td>28</td><td>56</td></tr><tr><td>36</td><td>6.75</td><td>13.5</td><td>20.25</td><td>27</td><td>54</td></tr><tr><td>37</td><td>6.5</td><td>13</td><td>19.5</td><td>26</td><td>52</td></tr><tr><td>38</td><td>6.125</td><td>12.25</td><td>18.375</td><td>24.5</td><td>49</td></tr><tr><td>39</td><td>5.875</td><td>11.75</td><td>17.625</td><td>23.5</td><td>47</td></tr><tr><td>40</td><td>5.625</td><td>11.25</td><td>16.875</td><td>22.5</td><td>45</td></tr><tr><td>41</td><td>5.375</td><td>10.75</td><td>16.125</td><td>21.5</td><td>43</td></tr><tr><td>42</td><td>5.25</td><td>10.5</td><td>15.75</td><td>21</td><td>42</td></tr><tr><td>43</td><td>5</td><td>10</td><td>15</td><td>20</td><td>40</td></tr><tr><td>44</td><td>4.875</td><td>9.75</td><td>14.625</td><td>19.5</td><td>39</td></tr><tr><td>45</td><td>4.75</td><td>9.5</td><td>14.25</td><td>19</td><td>38</td></tr><tr><td>46</td><td>4.5</td><td>9</td><td>13.5</td><td>18</td><td>36</td></tr><tr><td>47</td><td>4.375</td><td>8.75</td><td>13.125</td><td>17.5</td><td>35</td></tr><tr><td>48</td><td>4.125</td><td>8.25</td><td>12.375</td><td>16.5</td><td>33</td></tr><tr><td>49</td><td>4</td><td>8</td><td>12</td><td>16</td><td>32</td></tr><tr><td>50</td><td>3.75</td><td>7.5</td><td>11.25</td><td>15</td><td>30</td></tr></tbody></table>

**Points Rewards:**

EVEDEX Points will be distributed among users having places 51 – 250 on the basis of the user trading volume during the Event Period as follows:

<table><thead><tr><th width="86.4000244140625">Place</th><th>Daily Prizes in EVEDEX Points with 16,000 Prize Pool</th><th>Daily Prizes in EVEDEX Points with 32,000 Prize Pool</th><th>Daily Prizes in EVEDEX Points with 48,000 Prize Pool</th><th>Daily Prizes in EVEDEX Points with 64,000 Prize Pool</th><th>Daily Prizes in EVEDEX Points with 128,000 Prize Pool</th></tr></thead><tbody><tr><td>51</td><td>402.5452936</td><td>805.0905873</td><td>1207.635881</td><td>1610.181175</td><td>3220.362349</td></tr><tr><td>52</td><td>392.4816613</td><td>784.9633226</td><td>1177.444984</td><td>1569.926645</td><td>3139.85329</td></tr><tr><td>53</td><td>382.6696198</td><td>765.3392395</td><td>1148.008859</td><td>1530.678479</td><td>3061.356958</td></tr><tr><td>54</td><td>373.1028793</td><td>746.2057586</td><td>1119.308638</td><td>1492.411517</td><td>2984.823034</td></tr><tr><td>55</td><td>363.7753073</td><td>727.5506146</td><td>1091.325922</td><td>1455.101229</td><td>2910.202458</td></tr><tr><td>56</td><td>354.6809246</td><td>709.3618492</td><td>1064.042774</td><td>1418.723698</td><td>2837.447397</td></tr><tr><td>57</td><td>345.8139015</td><td>691.627803</td><td>1037.441704</td><td>1383.255606</td><td>2766.511212</td></tr><tr><td>58</td><td>337.168554</td><td>674.3371079</td><td>1011.505662</td><td>1348.674216</td><td>2697.348432</td></tr><tr><td>59</td><td>328.7393401</td><td>657.4786802</td><td>986.2180203</td><td>1314.95736</td><td>2629.914721</td></tr><tr><td>60</td><td>320.5208566</td><td>641.0417132</td><td>961.5625698</td><td>1282.083426</td><td>2564.166853</td></tr><tr><td>61</td><td>312.5078352</td><td>625.0156704</td><td>937.5235056</td><td>1250.031341</td><td>2500.062682</td></tr><tr><td>62</td><td>304.6951393</td><td>609.3902786</td><td>914.0854179</td><td>1218.780557</td><td>2437.561115</td></tr><tr><td>63</td><td>297.0777608</td><td>594.1555217</td><td>891.2332825</td><td>1188.311043</td><td>2376.622087</td></tr><tr><td>64</td><td>289.6508168</td><td>579.3016336</td><td>868.9524504</td><td>1158.603267</td><td>2317.206534</td></tr><tr><td>65</td><td>282.4095464</td><td>564.8190928</td><td>847.2286392</td><td>1129.638186</td><td>2259.276371</td></tr><tr><td>66</td><td>275.3493077</td><td>550.6986155</td><td>826.0479232</td><td>1101.397231</td><td>2202.794462</td></tr><tr><td>67</td><td>268.465575</td><td>536.9311501</td><td>805.3967251</td><td>1073.8623</td><td>2147.7246</td></tr><tr><td>68</td><td>261.7539357</td><td>523.5078713</td><td>785.261807</td><td>1047.015743</td><td>2094.031485</td></tr><tr><td>69</td><td>255.2100873</td><td>510.4201745</td><td>765.6302618</td><td>1020.840349</td><td>2041.680698</td></tr><tr><td>70</td><td>248.8298351</td><td>497.6596702</td><td>746.4895053</td><td>995.3193403</td><td>1990.638681</td></tr><tr><td>71</td><td>242.6090892</td><td>485.2181784</td><td>727.8272676</td><td>970.4363568</td><td>1940.872714</td></tr><tr><td>72</td><td>236.543862</td><td>473.087724</td><td>709.6315859</td><td>946.1754479</td><td>1892.350896</td></tr><tr><td>73</td><td>230.6302654</td><td>461.2605309</td><td>691.8907963</td><td>922.5210617</td><td>1845.042123</td></tr><tr><td>74</td><td>224.8645088</td><td>449.7290176</td><td>674.5935264</td><td>899.4580352</td><td>1798.91607</td></tr><tr><td>75</td><td>219.2428961</td><td>438.4857921</td><td>657.7286882</td><td>876.9715843</td><td>1753.943169</td></tr><tr><td>76</td><td>213.7618237</td><td>427.5236473</td><td>641.285471</td><td>855.0472947</td><td>1710.094589</td></tr><tr><td>77</td><td>208.4177781</td><td>416.8355562</td><td>625.2533342</td><td>833.6711123</td><td>1667.342225</td></tr><tr><td>78</td><td>203.2073336</td><td>406.4146673</td><td>609.6220009</td><td>812.8293345</td><td>1625.658669</td></tr><tr><td>79</td><td>198.1271503</td><td>396.2543006</td><td>594.3814509</td><td>792.5086012</td><td>1585.017202</td></tr><tr><td>80</td><td>193.1739715</td><td>386.3479431</td><td>579.5219146</td><td>772.6958861</td><td>1545.391772</td></tr><tr><td>81</td><td>188.3446222</td><td>376.6892445</td><td>565.0338667</td><td>753.378489</td><td>1506.756978</td></tr><tr><td>82</td><td>183.6360067</td><td>367.2720134</td><td>550.9080201</td><td>734.5440267</td><td>1469.088053</td></tr><tr><td>83</td><td>179.0451065</td><td>358.090213</td><td>537.1353196</td><td>716.1804261</td><td>1432.360852</td></tr><tr><td>84</td><td>174.5689789</td><td>349.1379577</td><td>523.7069366</td><td>698.2759154</td><td>1396.551831</td></tr><tr><td>85</td><td>170.2047544</td><td>340.4095088</td><td>510.6142632</td><td>680.8190175</td><td>1361.638035</td></tr><tr><td>86</td><td>165.9496355</td><td>331.8992711</td><td>497.8489066</td><td>663.7985421</td><td>1327.597084</td></tr><tr><td>87</td><td>161.8008946</td><td>323.6017893</td><td>485.4026839</td><td>647.2035785</td><td>1294.407157</td></tr><tr><td>88</td><td>157.7558723</td><td>315.5117445</td><td>473.2676168</td><td>631.0234891</td><td>1262.046978</td></tr><tr><td>89</td><td>153.8119755</td><td>307.6239509</td><td>461.4359264</td><td>615.2479019</td><td>1230.495804</td></tr><tr><td>90</td><td>149.9666761</td><td>299.9333522</td><td>449.9000282</td><td>599.8667043</td><td>1199.733409</td></tr><tr><td>91</td><td>146.2175092</td><td>292.4350184</td><td>438.6525275</td><td>584.8700367</td><td>1169.740073</td></tr><tr><td>92</td><td>142.5620714</td><td>285.1241429</td><td>427.6862143</td><td>570.2482858</td><td>1140.496572</td></tr><tr><td>93</td><td>138.9980197</td><td>277.9960393</td><td>416.994059</td><td>555.9920786</td><td>1111.984157</td></tr><tr><td>94</td><td>135.5230692</td><td>271.0461383</td><td>406.5692075</td><td>542.0922767</td><td>1084.184553</td></tr><tr><td>95</td><td>132.1349924</td><td>264.2699849</td><td>396.4049773</td><td>528.5399698</td><td>1057.07994</td></tr><tr><td>96</td><td>128.8316176</td><td>257.6632353</td><td>386.4948529</td><td>515.3264705</td><td>1030.652941</td></tr><tr><td>97</td><td>125.6108272</td><td>251.2216544</td><td>376.8324816</td><td>502.4433088</td><td>1004.886618</td></tr><tr><td>98</td><td>122.4705565</td><td>244.941113</td><td>367.4116695</td><td>489.882226</td><td>979.7644521</td></tr><tr><td>99</td><td>119.4087926</td><td>238.8175852</td><td>358.2263778</td><td>477.6351704</td><td>955.2703408</td></tr><tr><td>100</td><td>116.4235728</td><td>232.8471456</td><td>349.2707183</td><td>465.6942911</td><td>931.3885822</td></tr><tr><td>101</td><td>113.5129835</td><td>227.0259669</td><td>340.5389504</td><td>454.0519338</td><td>908.1038677</td></tr><tr><td>102</td><td>110.6751589</td><td>221.3503177</td><td>332.0254766</td><td>442.7006355</td><td>885.401271</td></tr><tr><td>103</td><td>107.9082799</td><td>215.8165598</td><td>323.7248397</td><td>431.6331196</td><td>863.2662392</td></tr><tr><td>104</td><td>105.2105729</td><td>210.4211458</td><td>315.6317187</td><td>420.8422916</td><td>841.6845832</td></tr><tr><td>105</td><td>102.5803086</td><td>205.1606172</td><td>307.7409257</td><td>410.3212343</td><td>820.6424687</td></tr><tr><td>106</td><td>100.0158009</td><td>200.0316017</td><td>300.0474026</td><td>400.0632035</td><td>800.1264069</td></tr><tr><td>107</td><td>97.51540585</td><td>195.0308117</td><td>292.5462175</td><td>390.0616234</td><td>780.1232468</td></tr><tr><td>108</td><td>95.0775207</td><td>190.1550414</td><td>285.2325621</td><td>380.3100828</td><td>760.6201656</td></tr><tr><td>109</td><td>92.70058268</td><td>185.4011654</td><td>278.101748</td><td>370.8023307</td><td>741.6046615</td></tr><tr><td>110</td><td>90.38306812</td><td>180.7661362</td><td>271.1492043</td><td>361.5322725</td><td>723.0645449</td></tr><tr><td>111</td><td>88.12349141</td><td>176.2469828</td><td>264.3704742</td><td>352.4939657</td><td>704.9879313</td></tr><tr><td>112</td><td>85.92040413</td><td>171.8408083</td><td>257.7612124</td><td>343.6816165</td><td>687.363233</td></tr><tr><td>113</td><td>83.77239402</td><td>167.544788</td><td>251.3171821</td><td>335.0895761</td><td>670.1791522</td></tr><tr><td>114</td><td>81.67808417</td><td>163.3561683</td><td>245.0342525</td><td>326.7123367</td><td>653.4246734</td></tr><tr><td>115</td><td>79.63613207</td><td>159.2722641</td><td>238.9083962</td><td>318.5445283</td><td>637.0890566</td></tr><tr><td>116</td><td>77.64522877</td><td>155.2904575</td><td>232.9356863</td><td>310.5809151</td><td>621.1618301</td></tr><tr><td>117</td><td>75.70409805</td><td>151.4081961</td><td>227.1122941</td><td>302.8163922</td><td>605.6327844</td></tr><tr><td>118</td><td>73.8114956</td><td>147.6229912</td><td>221.4344868</td><td>295.2459824</td><td>590.4919648</td></tr><tr><td>119</td><td>71.96620821</td><td>143.9324164</td><td>215.8986246</td><td>287.8648328</td><td>575.7296657</td></tr><tr><td>120</td><td>70.167053</td><td>140.334106</td><td>210.501159</td><td>280.668212</td><td>561.336424</td></tr><tr><td>121</td><td>68.41287668</td><td>136.8257534</td><td>205.23863</td><td>273.6515067</td><td>547.3030134</td></tr><tr><td>122</td><td>66.70255476</td><td>133.4051095</td><td>200.1076643</td><td>266.810219</td><td>533.6204381</td></tr><tr><td>123</td><td>65.03499089</td><td>130.0699818</td><td>195.1049727</td><td>260.1399636</td><td>520.2799271</td></tr><tr><td>124</td><td>63.40911612</td><td>126.8182322</td><td>190.2273484</td><td>253.6364645</td><td>507.272929</td></tr><tr><td>125</td><td>61.82388822</td><td>123.6477764</td><td>185.4716646</td><td>247.2955529</td><td>494.5911057</td></tr><tr><td>126</td><td>60.27829101</td><td>120.556582</td><td>180.834873</td><td>241.113164</td><td>482.2263281</td></tr><tr><td>127</td><td>58.77133374</td><td>117.5426675</td><td>176.3140012</td><td>235.0853349</td><td>470.1706699</td></tr><tr><td>128</td><td>57.30205039</td><td>114.6041008</td><td>171.9061512</td><td>229.2082016</td><td>458.4164031</td></tr><tr><td>129</td><td>55.86949913</td><td>111.7389983</td><td>167.6084974</td><td>223.4779965</td><td>446.9559931</td></tr><tr><td>130</td><td>54.47276165</td><td>108.9455233</td><td>163.418285</td><td>217.8910466</td><td>435.7820932</td></tr><tr><td>131</td><td>53.11094261</td><td>106.2218852</td><td>159.3328278</td><td>212.4437704</td><td>424.8875409</td></tr><tr><td>132</td><td>51.78316905</td><td>103.5663381</td><td>155.3495071</td><td>207.1326762</td><td>414.2653524</td></tr><tr><td>133</td><td>50.48858982</td><td>100.9771796</td><td>151.4657695</td><td>201.9543593</td><td>403.9087186</td></tr><tr><td>134</td><td>49.22637508</td><td>98.45275015</td><td>147.6791252</td><td>196.9055003</td><td>393.8110006</td></tr><tr><td>135</td><td>47.9957157</td><td>95.9914314</td><td>143.9871471</td><td>191.9828628</td><td>383.9657256</td></tr><tr><td>136</td><td>46.79582281</td><td>93.59164561</td><td>140.3874684</td><td>187.1832912</td><td>374.3665824</td></tr><tr><td>137</td><td>45.62592724</td><td>91.25185447</td><td>136.8777817</td><td>182.5037089</td><td>365.0074179</td></tr><tr><td>138</td><td>44.48527905</td><td>88.97055811</td><td>133.4558372</td><td>177.9411162</td><td>355.8822324</td></tr><tr><td>139</td><td>43.37314708</td><td>86.74629416</td><td>130.1194412</td><td>173.4925883</td><td>346.9851766</td></tr><tr><td>140</td><td>42.2888184</td><td>84.5776368</td><td>126.8664552</td><td>169.1552736</td><td>338.3105472</td></tr><tr><td>141</td><td>41.23159794</td><td>82.46319588</td><td>123.6947938</td><td>164.9263918</td><td>329.8527835</td></tr><tr><td>142</td><td>40.20080799</td><td>80.40161599</td><td>120.602424</td><td>160.803232</td><td>321.6064639</td></tr><tr><td>143</td><td>39.19578779</td><td>78.39157559</td><td>117.5873634</td><td>156.7831512</td><td>313.5663023</td></tr><tr><td>144</td><td>38.2158931</td><td>76.4317862</td><td>114.6476793</td><td>152.8635724</td><td>305.7271448</td></tr><tr><td>145</td><td>37.26049577</td><td>74.52099154</td><td>111.7814873</td><td>149.0419831</td><td>298.0839662</td></tr><tr><td>146</td><td>36.32898338</td><td>72.65796675</td><td>108.9869501</td><td>145.3159335</td><td>290.631867</td></tr><tr><td>147</td><td>35.42075879</td><td>70.84151758</td><td>106.2622764</td><td>141.6830352</td><td>283.3660703</td></tr><tr><td>148</td><td>34.53523982</td><td>69.07047964</td><td>103.6057195</td><td>138.1409593</td><td>276.2819186</td></tr><tr><td>149</td><td>33.67185883</td><td>67.34371765</td><td>101.0155765</td><td>134.6874353</td><td>269.3748706</td></tr><tr><td>150</td><td>32.83006236</td><td>65.66012471</td><td>98.49018707</td><td>131.3202494</td><td>262.6404988</td></tr><tr><td>151</td><td>32.0093108</td><td>64.01862159</td><td>96.02793239</td><td>128.0372432</td><td>256.0744864</td></tr><tr><td>152</td><td>31.20907803</td><td>62.41815605</td><td>93.62723408</td><td>124.8363121</td><td>249.6726242</td></tr><tr><td>153</td><td>30.42885108</td><td>60.85770215</td><td>91.28655323</td><td>121.7154043</td><td>243.4308086</td></tr><tr><td>154</td><td>29.6681298</td><td>59.3362596</td><td>89.0043894</td><td>118.6725192</td><td>237.3450384</td></tr><tr><td>155</td><td>28.92642655</td><td>57.85285311</td><td>86.77927966</td><td>115.7057062</td><td>231.4114124</td></tr><tr><td>156</td><td>28.20326589</td><td>56.40653178</td><td>84.60979767</td><td>112.8130636</td><td>225.6261271</td></tr><tr><td>157</td><td>27.49818424</td><td>54.99636849</td><td>82.49455273</td><td>109.992737</td><td>219.9854739</td></tr><tr><td>158</td><td>26.81072964</td><td>53.62145928</td><td>80.43218891</td><td>107.2429186</td><td>214.4858371</td></tr><tr><td>159</td><td>26.1404614</td><td>52.28092279</td><td>78.42138419</td><td>104.5618456</td><td>209.1236912</td></tr><tr><td>160</td><td>25.48694986</td><td>50.97389972</td><td>76.46084959</td><td>101.9477994</td><td>203.8955989</td></tr><tr><td>161</td><td>24.84977612</td><td>49.69955223</td><td>74.54932835</td><td>99.39910446</td><td>198.7982089</td></tr><tr><td>162</td><td>24.22853171</td><td>48.45706342</td><td>72.68559514</td><td>96.91412685</td><td>193.8282537</td></tr><tr><td>163</td><td>23.62281842</td><td>47.24563684</td><td>70.86845526</td><td>94.49127368</td><td>188.9825474</td></tr><tr><td>164</td><td>23.03224796</td><td>46.06449592</td><td>69.09674388</td><td>92.12899184</td><td>184.2579837</td></tr><tr><td>165</td><td>22.45644176</td><td>44.91288352</td><td>67.36932528</td><td>89.82576704</td><td>179.6515341</td></tr><tr><td>166</td><td>21.89503072</td><td>43.79006143</td><td>65.68509215</td><td>87.58012286</td><td>175.1602457</td></tr><tr><td>167</td><td>21.34765495</td><td>42.6953099</td><td>64.04296484</td><td>85.39061979</td><td>170.7812396</td></tr><tr><td>168</td><td>20.81396357</td><td>41.62792715</td><td>62.44189072</td><td>83.2558543</td><td>166.5117086</td></tr><tr><td>169</td><td>20.29361449</td><td>40.58722897</td><td>60.88084346</td><td>81.17445794</td><td>162.3489159</td></tr><tr><td>170</td><td>19.78627412</td><td>39.57254825</td><td>59.35882237</td><td>79.14509649</td><td>158.290193</td></tr><tr><td>171</td><td>19.29161727</td><td>38.58323454</td><td>57.87485181</td><td>77.16646908</td><td>154.3329382</td></tr><tr><td>172</td><td>18.80932684</td><td>37.61865368</td><td>56.42798051</td><td>75.23730735</td><td>150.4746147</td></tr><tr><td>173</td><td>18.33909367</td><td>36.67818733</td><td>55.017281</td><td>73.35637467</td><td>146.7127493</td></tr><tr><td>174</td><td>17.88061633</td><td>35.76123265</td><td>53.64184898</td><td>71.5224653</td><td>143.0449306</td></tr><tr><td>175</td><td>17.43360092</td><td>34.86720183</td><td>52.30080275</td><td>69.73440367</td><td>139.4688073</td></tr><tr><td>176</td><td>16.99776089</td><td>33.99552179</td><td>50.99328268</td><td>67.99104358</td><td>135.9820872</td></tr><tr><td>177</td><td>16.57281687</td><td>33.14563374</td><td>49.71845062</td><td>66.29126749</td><td>132.582535</td></tr><tr><td>178</td><td>16.15849645</td><td>32.3169929</td><td>48.47548935</td><td>64.6339858</td><td>129.2679716</td></tr><tr><td>179</td><td>15.75453404</td><td>31.50906808</td><td>47.26360212</td><td>63.01813616</td><td>126.0362723</td></tr><tr><td>180</td><td>15.36067069</td><td>30.72134138</td><td>46.08201206</td><td>61.44268275</td><td>122.8853655</td></tr><tr><td>181</td><td>14.97665392</td><td>29.95330784</td><td>44.92996176</td><td>59.90661568</td><td>119.8132314</td></tr><tr><td>182</td><td>14.60223757</td><td>29.20447515</td><td>43.80671272</td><td>58.40895029</td><td>116.8179006</td></tr><tr><td>183</td><td>14.23718163</td><td>28.47436327</td><td>42.7115449</td><td>56.94872653</td><td>113.8974531</td></tr><tr><td>184</td><td>13.88125209</td><td>27.76250419</td><td>41.64375628</td><td>55.52500837</td><td>111.0500167</td></tr><tr><td>185</td><td>13.53422079</td><td>27.06844158</td><td>40.60266237</td><td>54.13688316</td><td>108.2737663</td></tr><tr><td>186</td><td>13.19586527</td><td>26.39173054</td><td>39.58759581</td><td>52.78346108</td><td>105.5669222</td></tr><tr><td>187</td><td>12.86596864</td><td>25.73193728</td><td>38.59790592</td><td>51.46387456</td><td>102.9277491</td></tr><tr><td>188</td><td>12.54431942</td><td>25.08863885</td><td>37.63295827</td><td>50.17727769</td><td>100.3545554</td></tr><tr><td>189</td><td>12.23071144</td><td>24.46142287</td><td>36.69213431</td><td>48.92284575</td><td>97.8456915</td></tr><tr><td>190</td><td>11.92494365</td><td>23.8498873</td><td>35.77483095</td><td>47.69977461</td><td>95.39954921</td></tr><tr><td>191</td><td>11.62682006</td><td>23.25364012</td><td>34.88046018</td><td>46.50728024</td><td>93.01456048</td></tr><tr><td>192</td><td>11.33614956</td><td>22.67229912</td><td>34.00844868</td><td>45.34459823</td><td>90.68919647</td></tr><tr><td>193</td><td>11.05274582</td><td>22.10549164</td><td>33.15823746</td><td>44.21098328</td><td>88.42196656</td></tr><tr><td>194</td><td>10.77642717</td><td>21.55285435</td><td>32.32928152</td><td>43.1057087</td><td>86.21141739</td></tr><tr><td>195</td><td>10.50701649</td><td>21.01403299</td><td>31.52104948</td><td>42.02806598</td><td>84.05613196</td></tr><tr><td>196</td><td>10.24434108</td><td>20.48868216</td><td>30.73302325</td><td>40.97736433</td><td>81.95472866</td></tr><tr><td>197</td><td>9.988232555</td><td>19.97646511</td><td>29.96469767</td><td>39.95293022</td><td>79.90586044</td></tr><tr><td>198</td><td>9.738526741</td><td>19.47705348</td><td>29.21558022</td><td>38.95410697</td><td>77.90821393</td></tr><tr><td>199</td><td>9.495063573</td><td>18.99012715</td><td>28.48519072</td><td>37.98025429</td><td>75.96050858</td></tr><tr><td>200</td><td>9.257686984</td><td>18.51537397</td><td>27.77306095</td><td>37.03074793</td><td>74.06149587</td></tr><tr><td>201</td><td>9.026244809</td><td>18.05248962</td><td>27.07873443</td><td>36.10497924</td><td>72.20995847</td></tr><tr><td>202</td><td>8.800588689</td><td>17.60117738</td><td>26.40176607</td><td>35.20235475</td><td>70.40470951</td></tr><tr><td>203</td><td>8.580573972</td><td>17.16114794</td><td>25.74172191</td><td>34.32229589</td><td>68.64459177</td></tr><tr><td>204</td><td>8.366059622</td><td>16.73211924</td><td>25.09817887</td><td>33.46423849</td><td>66.92847698</td></tr><tr><td>205</td><td>8.156908132</td><td>16.31381626</td><td>24.4707244</td><td>32.62763253</td><td>65.25526505</td></tr><tr><td>206</td><td>7.952985428</td><td>15.90597086</td><td>23.85895629</td><td>31.81194171</td><td>63.62388343</td></tr><tr><td>207</td><td>7.754160793</td><td>15.50832159</td><td>23.26248238</td><td>31.01664317</td><td>62.03328634</td></tr><tr><td>208</td><td>7.560306773</td><td>15.12061355</td><td>22.68092032</td><td>30.24122709</td><td>60.48245418</td></tr><tr><td>209</td><td>7.371299104</td><td>14.74259821</td><td>22.11389731</td><td>29.48519641</td><td>58.97039283</td></tr><tr><td>210</td><td>7.187016626</td><td>14.37403325</td><td>21.56104988</td><td>28.7480665</td><td>57.49613301</td></tr><tr><td>211</td><td>7.00734121</td><td>14.01468242</td><td>21.02202363</td><td>28.02936484</td><td>56.05872968</td></tr><tr><td>212</td><td>6.83215768</td><td>13.66431536</td><td>20.49647304</td><td>27.32863072</td><td>54.65726144</td></tr><tr><td>213</td><td>6.661353738</td><td>13.32270748</td><td>19.98406121</td><td>26.64541495</td><td>53.2908299</td></tr><tr><td>214</td><td>6.494819895</td><td>12.98963979</td><td>19.48445968</td><td>25.97927958</td><td>51.95855916</td></tr><tr><td>215</td><td>6.332449397</td><td>12.66489879</td><td>18.99734819</td><td>25.32979759</td><td>50.65959518</td></tr><tr><td>216</td><td>6.174138162</td><td>12.34827632</td><td>18.52241449</td><td>24.69655265</td><td>49.3931053</td></tr><tr><td>217</td><td>6.019784708</td><td>12.03956942</td><td>18.05935412</td><td>24.07913883</td><td>48.15827767</td></tr><tr><td>218</td><td>5.869290091</td><td>11.73858018</td><td>17.60787027</td><td>23.47716036</td><td>46.95432072</td></tr><tr><td>219</td><td>5.722557838</td><td>11.44511568</td><td>17.16767351</td><td>22.89023135</td><td>45.78046271</td></tr><tr><td>220</td><td>5.579493892</td><td>11.15898778</td><td>16.73848168</td><td>22.31797557</td><td>44.63595114</td></tr><tr><td>221</td><td>5.440006545</td><td>10.88001309</td><td>16.32001964</td><td>21.76002618</td><td>43.52005236</td></tr><tr><td>222</td><td>5.304006381</td><td>10.60801276</td><td>15.91201914</td><td>21.21602553</td><td>42.43205105</td></tr><tr><td>223</td><td>5.171406222</td><td>10.34281244</td><td>15.51421867</td><td>20.68562489</td><td>41.37124977</td></tr><tr><td>224</td><td>5.042121066</td><td>10.08424213</td><td>15.1263632</td><td>20.16848427</td><td>40.33696853</td></tr><tr><td>225</td><td>4.91606804</td><td>9.832136079</td><td>14.74820412</td><td>19.66427216</td><td>39.32854432</td></tr><tr><td>226</td><td>4.793166339</td><td>9.586332677</td><td>14.37949902</td><td>19.17266535</td><td>38.34533071</td></tr><tr><td>227</td><td>4.67333718</td><td>9.34667436</td><td>14.02001154</td><td>18.69334872</td><td>37.38669744</td></tr><tr><td>228</td><td>4.556503751</td><td>9.113007501</td><td>13.66951125</td><td>18.226015</td><td>36.45203001</td></tr><tr><td>229</td><td>4.442591157</td><td>8.885182314</td><td>13.32777347</td><td>17.77036463</td><td>35.54072926</td></tr><tr><td>230</td><td>4.331526378</td><td>8.663052756</td><td>12.99457913</td><td>17.32610551</td><td>34.65221102</td></tr><tr><td>231</td><td>4.223238219</td><td>8.446476437</td><td>12.66971466</td><td>16.89295287</td><td>33.78590575</td></tr><tr><td>232</td><td>4.117657263</td><td>8.235314526</td><td>12.35297179</td><td>16.47062905</td><td>32.9412581</td></tr><tr><td>233</td><td>4.014715832</td><td>8.029431663</td><td>12.04414749</td><td>16.05886333</td><td>32.11772665</td></tr><tr><td>234</td><td>3.914347936</td><td>7.828695871</td><td>11.74304381</td><td>15.65739174</td><td>31.31478349</td></tr><tr><td>235</td><td>3.816489237</td><td>7.632978475</td><td>11.44946771</td><td>15.26595695</td><td>30.5319139</td></tr><tr><td>236</td><td>3.721077006</td><td>7.442154013</td><td>11.16323102</td><td>14.88430803</td><td>29.76861605</td></tr><tr><td>237</td><td>3.628050081</td><td>7.256100162</td><td>10.88415024</td><td>14.51220032</td><td>29.02440065</td></tr><tr><td>238</td><td>3.537348829</td><td>7.074697658</td><td>10.61204649</td><td>14.14939532</td><td>28.29879063</td></tr><tr><td>239</td><td>3.448915108</td><td>6.897830217</td><td>10.34674533</td><td>13.79566043</td><td>27.59132087</td></tr><tr><td>240</td><td>3.362692231</td><td>6.725384462</td><td>10.08807669</td><td>13.45076892</td><td>26.90153785</td></tr><tr><td>241</td><td>3.278624925</td><td>6.55724985</td><td>9.835874775</td><td>13.1144997</td><td>26.2289994</td></tr><tr><td>242</td><td>3.196659302</td><td>6.393318604</td><td>9.589977906</td><td>12.78663721</td><td>25.57327441</td></tr><tr><td>243</td><td>3.116742819</td><td>6.233485639</td><td>9.350228458</td><td>12.46697128</td><td>24.93394255</td></tr><tr><td>244</td><td>3.038824249</td><td>6.077648498</td><td>9.116472746</td><td>12.155297</td><td>24.31059399</td></tr><tr><td>245</td><td>2.962853643</td><td>5.925707285</td><td>8.888560928</td><td>11.85141457</td><td>23.70282914</td></tr><tr><td>246</td><td>2.888782302</td><td>5.777564603</td><td>8.666346905</td><td>11.55512921</td><td>23.11025841</td></tr><tr><td>247</td><td>2.816562744</td><td>5.633125488</td><td>8.449688232</td><td>11.26625098</td><td>22.53250195</td></tr><tr><td>248</td><td>2.746148675</td><td>5.492297351</td><td>8.238446026</td><td>10.9845947</td><td>21.9691894</td></tr><tr><td>249</td><td>2.677494959</td><td>5.354989917</td><td>8.032484876</td><td>10.70997983</td><td>21.41995967</td></tr><tr><td>250</td><td>2.610557585</td><td>5.221115169</td><td>7.831672754</td><td>10.44223034</td><td>20.88446068</td></tr></tbody></table>

**Winner Selection and Reward Distribution:**

The winners will be determined for each day within the next day on the basis of EVEDEX data and published on the website.

USDT and EVEDEX Points rewards will be available to claim via EVEDEX accounts of respective users. Winning users shall claim their reward by 30 April 2026. If the reward is not claimed by this day, it will be burned.

<h4 align="center">(II) Additional Trading Volume Milestone Prize</h4>

**Winner:**

Each user who reaches USDT 1,000,000 in trading volume during the Event Period.

The user only wins once during the Event.

Referrals and sub-referrals’ trading volume is not counted.

**USDT Rewards:**\
USDT 100 for each user.

**Winner Selection and Reward Distribution:**

The winners will be determined on the basis of EVEDEX data.

USDT rewards will be available to claim via EVEDEX accounts of respective users. Winning users shall claim their reward by 30 April 2026. If the reward is not claimed by this day, it will be burned.

<h4 align="center">Other Terms &#x26; Conditions:</h4>

No payment or purchase is needed to participate. Rewards are provided solely based on the formula described above.

EVEDEX's determination of winners is final and binding.

By participating in the contest, users agree to comply with all terms and conditions.

Only real trading volume is calculated for the purpose of the event. Any manipulative trading, HFT (high-frequency trading) or any other activities which cannot be reasonably qualified as good faith trading shall not be calculated for the purpose of the event.

Any dishonest, abusive and fraudulent activity can result in disqualification at the sole discretion of EVEDEX. EVEDEX may disqualify, exclude, or adjust any trading volume for: wash trading; self-matching; coordinated or circular trading; spoofing/layering; quote stuffing; abusive API usage aimed at artificial volume generation; account sharing; referral fraud; using bots; multi-accounts trading; affiliation, partnership or other commercial arrangement with EVEDEX; any other bad faith activity on the platform.

The personal data of users will only be processed as long as necessary for event operations.

Users are solely responsible for all tax obligations arising from their participation in this event.

EVEDEX is not responsible for determining the legal status of cryptocurrency usage within any participants’ jurisdiction.

By accepting a prize, winners consent to EVEDEX’s use of their wallet (and, if separately agreed, likeness) for winner announcements and promotional materials relating to the Event, without additional compensation.

The event is not sponsored, supported or managed by any social media platform.

EVEDEX may modify, suspend, or cancel the Event if fraud, technical failures, market conditions, regulatory changes, or any other events impair its integrity or feasibility. No investment advice or solicitation is intended.

This event is not for UK retail.


# EVEDEX Deposit Bonus Program

## 1. Definitions

“**Bonus**” means a non-transferable, non-withdrawable promotional credit denominated in USDT, issued by EVEDEX under this Program. The Bonus is not a digital asset, cryptocurrency, stablecoin, or money.

“**Deposit**” means the first transfer of USDT from a Participant’s external wallet to their EVEDEX Trading Account during the Program Period.

“**Eligible Loss**” means a realized negative Profit and Loss (PnL) on a closed perpetual futures position executed on the EVEDEX platform after the Bonus has been credited.

“**Participant**” means a user that meets the eligibility requirements set forth under the Program.

“**Program**” means the EVEDEX Deposit Bonus Program described in these Terms.

“**Program Period**” means the period starting from 13 July 2026 and ending on 31 August 2026. The Program Period can be extended.

“**Qualified Volume**” means the aggregate trading volume in USDT of perpetual futures positions opened and closed by the Participant on the EVEDEX platform, subject to the exclusions in Section 5.3.

“**Smart Account**” means the blockchain-based account controlled by the Participant and used on the EVEDEX platform.

“**Trading Account**” means the account controlled by the Participant and used for trading on the EVEDEX platform.

“**Volume Qualification Period**” means the 14 (fourteen) calendar day period commencing on the date of the Participant’s first qualifying Deposit.

## 2. Program Overview

2.1. The Program is a limited-time promotional initiative operated by EVEDEX (“**EVEDEX**”).

2.2. Participants who make a qualifying Deposit and achieve the corresponding Qualified Volume within the Volume Qualification Period will receive a Bonus as set forth in the Tier Table (Section 4).

2.3. The Bonus may only be used to cover up to 50% (fifty percent) of each Eligible Loss. The remaining 50% (fifty percent) or more of any Eligible Loss is borne by the Participant from their own funds.

2.4. The Bonus is a promotional credit only. It is not cash, is not redeemable for cash, is not a digital asset, cannot be withdrawn, transferred, sold, or assigned. Participation in the Program does not create any obligation on EVEDEX to make payment or transfer of digital assets to the Participant.

## 3. Eligibility

3.1. To participate in the Program, you must:

(a)  Be at least eighteen (18) years of age or the age of majority in your jurisdiction, whichever is greater;

(b)  Have an active EVEDEX account in good standing;

(c)  Not be a resident or national of, or located in, a Restricted Jurisdiction (as defined in the Platform Terms of EVEDEX);

(d)  Not be subject to any sanctions administered by OFAC, the EU, the United Nations, or any other applicable sanctions authority;

(e)  Accept these Terms in full.

3.2. One Participant per user. Each user may participate in the Program only once. Multiple accounts, traced to the same user will be treated as a single Participant. EVEDEX may require identity verification to confirm eligibility.

## 4. Bonus Tier Table

4.1. The following tiers apply:

For new users, i.e. registered after 13 May 2026:

| **Deposit (USDT)** | **Required Trading Volume (USDT)** | **Bonus** |
| ------------------ | ---------------------------------- | --------- |
| 500                | 1,500                              | 50        |
| 1,000              | 2,000                              | 100       |
| 3,000              | 10,000                             | 200       |
| 10,000             | 100,000                            | 700       |
| 50,000             | 1,500,000                          | 1,600     |
| 100,000            | 20,000,000                         | 10,000    |
| 125,000            | 50,000,000                         | 17,600    |
| 150,000            | 75,000,000                         | 30,000    |
| 250,000            | 150,000,000                        | 60,000    |

&#x20;

For old users, i.e. registered before 13 May 2026:

| **Deposit (USDT)** | **Required Trading Volume (USDT)** | **Bonus** |
| ------------------ | ---------------------------------- | --------- |
| 500                | 1,500                              | 30        |
| 1,000              | 2,000                              | 60        |
| 3,000              | 10,000                             | 130       |
| 10,000             | 100,000                            | 270       |
| 50,000             | 1,500,000                          | 1,070     |
| 100,000            | 20,000,000                         | 6,670     |
| 125,000            | 50,000,000                         | 11,750    |
| 150,000            | 75,000,000                         | 20,000    |
| 250,000            | 150,000,000                        | 30,000    |

&#x20;

4.2. Tiers are not cumulative.

Example: A Participant, being old user, who deposits 1,000 USDT and meets the 2,000 USDT volume requirement receives a single Bonus of 60, not 30 + 60 USDT.

4.3. The Bonus is credited within 48 hours after both the Deposit and Qualified Volume conditions are satisfied.

## 5. Qualifying Conditions

### 5.1. Deposit Requirements

The qualifying Deposit must be made in USDT to the Participant’s EVEDEX Trading Account during the Program Period. Deposits made prior to the Program Period do not qualify. Internal transfers between EVEDEX accounts do not qualify.

### 5.2. Volume Qualification

The Participant must achieve the Qualified Volume corresponding to their tier within 14 (fourteen) calendar days of their first qualifying Deposit. If the Participant fails to meet the volume requirement within this period, no Bonus is awarded and no further obligation regarding the Bonus arises.

### 5.3. Volume Exclusions

The following trading activity does not count toward Qualified Volume:

(a)  Wash trading: opening and closing substantially offsetting positions in the same instrument within a short time period, whether through a single account or coordinated across multiple accounts;

(b)  Self-dealing: trading against oneself through multiple accounts or coordinated wallets;

(c)  Any trading activity that EVEDEX, in its reasonable discretion, determines to be manipulative, artificial, or designed to abuse the Program or EVEDEX or violates the Platform Terms.

EVEDEX may use automated systems, on-chain analysis, and behavioral pattern detection to identify disqualifying activity.

## 6. Bonus Mechanics and Usage

### 6.1. Application to Losses

Once credited, the Bonus is automatically applied to Eligible Losses as follows: for each closed position resulting in a negative PnL, the Bonus will cover up to 50% (fifty percent) of the realized loss, until the Bonus balance is exhausted.

This is the sole admissible use of the Bonus.

*Example:* A Participant with a 60 Bonus closes a position with a -100 USDT PnL. The Bonus covers 50 USDT (50% of the loss). The Participant bears the remaining 50 USDT from their own funds. The remaining Bonus balance is 10 USDT.

### 6.2. Non-Transferability

The Bonus may not be: withdrawn to any external wallet; transferred to another EVEDEX account or any third party; sold, assigned, pledged, or encumbered; converted to USDT, any other cryptocurrency, or fiat currency; or used for any purpose other than covering Eligible Losses.

### 6.3. No Positive PnL Extraction

The Bonus does not contribute to positive PnL. If a position is profitable, the Bonus is not used and the Participant’s Bonus balance remains unchanged. The Bonus cannot be used as margin or collateral to open positions.

### 6.4. Bonus Expiration

The Bonus expires and is forfeited without notice on the earliest of: (a) 90 (ninety) calendar days after the Bonus is credited; (b) disqualification of the Participant from the Program due to the breach of these Terms or other Platform Terms of EVEDEX; (c) termination of the Participant’s EVEDEX account; or (d) termination of the Program by EVEDEX.

## 7. Disqualification

7.1. EVEDEX reserves the right to refuse, revoke, reduce, or recalculate any Bonus (including Bonus amounts already applied to losses) if:

(a)  The Participant engaged in disqualifying activity as described in Section 5.3;

(b)  The Participant provided false or misleading information to EVEDEX;

(c)  The Participant is found to control or be associated with multiple accounts in violation of Section 3.2;

(d)  The Participant is or becomes a resident of a Restricted Jurisdiction;

(e)  A technical error, bug, or exploit resulted in an incorrect Bonus award;

(f) The Participant violates these Terms or Platform Terms;

(g)   EVEDEX determines, in its reasonable discretion, that the Participant’s conduct is inconsistent with the spirit or intent of the Program.

7.2. EVEDEX’s determination regarding disqualification is final and binding.

## 8. Tax Obligations

8.1. The Participant is solely responsible for determining and fulfilling all tax obligations arising from participation in the Program, including but not limited to any income, capital gains, value-added, or other taxes.

8.2. EVEDEX does not provide tax advice and makes no representations regarding the tax treatment of the Bonus in any jurisdiction. Participants are encouraged to consult a qualified tax advisor.

8.3. EVEDEX may be required to report Bonus awards to tax authorities in certain jurisdictions. By participating, the Participant consents to such reporting as required by applicable law.

## 9. Risk Disclosures

9.1. Perpetual futures trading entails substantial risk of loss. Please read the Risk Disclosure Statement.

9.2. The Bonus is designed to offset a portion of realized losses but does not guarantee against loss. The Participant acknowledges that: (a) trading leveraged perpetual futures carries the risk of total loss of deposited funds; (b) the Bonus covers only 50% of each Eligible Loss and only until exhausted; (c) the Bonus does not reduce position risk, margin requirements, or liquidation thresholds; and (d) the existence of the Bonus should not influence the Participant’s trading decisions or risk tolerance.

9.3. The Participant represents and warrants that they are not participating in the Program as a substitute for proper risk management, and that the Bonus does not create an expectation of reduced risk or guaranteed returns.

## 10. Program Modification and Termination

10.1. EVEDEX reserves the right to modify, suspend, or terminate the Program at any time, with or without notice, for any reason, including but not limited to: changes in applicable law or regulation; market conditions; technical issues; or excessive abuse.

10.2. In the event of Program termination: (a) no new Bonuses will be awarded; (b) existing credited Bonuses will remain valid until their expiration date under Section 6.4, unless EVEDEX determines that immediate termination is required.

10.3. Modifications to these Terms will be posted on the EVEDEX website. Continued participation after a modification constitutes acceptance of the revised Terms.

## 11. Limitation of Liability

11.1. To the maximum extent permitted by applicable law, total liability of EVEDEX arising out of or related to the Program shall not exceed USD 200.

11.2. In no event shall EVEDEX be liable for any indirect, incidental, consequential, special, or punitive damages, including lost profits, lost trading opportunities, or loss of data, regardless of the theory of liability.

11.3. EVEDEX is not liable for any delay, failure, or error in crediting, calculating, or applying the Bonus due to technical issues, system outages, blockchain congestion, or force majeure events.

## 12. Relationship to the Platform Terms

12.1. These Terms supplement and are in addition to the EVEDEX Terms of Service (“Platform Terms”). In the event of a conflict between these Terms and the Platform Terms, these Terms shall prevail with respect to the Program.

12.2. All capitalized terms not defined herein shall have the meanings ascribed to them in the Platform Terms.

## 13. General Provisions

13.1. Entire Agreement. These Terms, together with the Platform Terms, constitute the entire agreement between the Participant and EVEDEX regarding the Program.

13.2. Severability. If any provision of these Terms is found to be invalid or unenforceable, the remaining provisions shall remain in full force and effect.

13.3. Waiver. No waiver of any provision shall be deemed a further or continuing waiver of such provision or any other provision.

13.4. Assignment. EVEDEX may assign its rights and obligations under these Terms without the Participant’s consent. The Participant may not assign their rights or obligations.

13.5. Language. These Terms are drafted in English. In the event of any translation, the English version shall prevail.


# EVEDEX Trading Challenge (3 Season)

**Event Details:** &#x20;

EVEDEX Trading Challenge (3rd Season)

**Event Period:**&#x20;

From 15 April 2026 12:00:00 pm (UTC) to 15 May 2026 11:59:59 am (UTC).  &#x20;

The Prize Pool and Trading Volume are calculated on a daily basis. “Day” means a period from 12:00 pm UTC of the day until 11:59:59 am of the next day.

## How to participate:&#x20;

1. User is eligible to trade on EVEDEX subject to the EVEDEX Terms of Use.&#x20;
2. User must trade on EVEDEX during the Event Period.

<h2 align="center">(I) Main Trading Challenge </h2>

**Prize Pool:**

Daily prize pool depends on the total daily trading volume on EVEDEX during the day of the Event Period:

| **Daily Total Trading Volume** | **USDT Prize Pool** | **Points Prize Pool** |
| ------------------------------ | ------------------- | --------------------- |
| USDT 5,000,000                 | USDT 750            | 16,000                |
| USDT 10,000,000                | USDT 1,500          | 32,000                |
| USDT 15,000,000                | USDT 2,250          | 48,000                |
| USDT 20,000,000                | USDT 3,000          | 64,000                |
| USDT 40,000,000                | USDT 6,000          | 128,000               |

For avoidance of any doubt, if the Daily Total Trading Volume is below USDT 5,000,000, there is no prize pool for the respective day.&#x20;

**Winners:**

The winner for each day is determined on the basis of the trading volume of the user during the whole Event Period.

To be qualified as a winner, the trading volume of the user during the Event Period shall exceed USDT 10,000.

Referrals and sub-referrals’ trading volume is not counted.&#x20;

**USDT Rewards:**\
USDT Rewards will be distributed among the first 50 users on the basis of the user trading volume during the Event Period as follows:

| **Place** | **Daily Prizes in USDT with 750 Prize Pool** | **Daily Prizes in USDT with 1,500 Prize Pool** | **Daily Prizes in USDT with 2,250 Prize Pool** | **Daily Prizes in USDT with 3,000 Prize Pool** | **Daily Prizes in USDT with 6,000 Prize Pool** |
| --------- | -------------------------------------------- | ---------------------------------------------- | ---------------------------------------------- | ---------------------------------------------- | ---------------------------------------------- |
| 1         | 105.675                                      | 211.35                                         | 317.025                                        | 422.7                                          | 845.4                                          |
| 2         | 77.475                                       | 154.95                                         | 232.425                                        | 309.9                                          | 619.8                                          |
| 3         | 63.375                                       | 126.75                                         | 190.125                                        | 253.5                                          | 507                                            |
| 4         | 49.35                                        | 98.7                                           | 148.05                                         | 197.4                                          | 394.8                                          |
| 5         | 42.3                                         | 84.6                                           | 126.9                                          | 169.2                                          | 338.4                                          |
| 6         | 35.25                                        | 70.5                                           | 105.75                                         | 141                                            | 282                                            |
| 7         | 31.725                                       | 63.45                                          | 95.175                                         | 126.9                                          | 253.8                                          |
| 8         | 28.2                                         | 56.4                                           | 84.6                                           | 112.8                                          | 225.6                                          |
| 9         | 24.675                                       | 49.35                                          | 74.025                                         | 98.7                                           | 197.4                                          |
| 10        | 21.15                                        | 42.3                                           | 63.45                                          | 84.6                                           | 169.2                                          |
| 11        | 17.625                                       | 35.25                                          | 52.875                                         | 70.5                                           | 141                                            |
| 12        | 15.825                                       | 31.65                                          | 47.475                                         | 63.3                                           | 126.6                                          |
| 13        | 14.775                                       | 29.55                                          | 44.325                                         | 59.1                                           | 118.2                                          |
| 14        | 14.1                                         | 28.2                                           | 42.3                                           | 56.4                                           | 112.8                                          |
| 15        | 13.35                                        | 26.7                                           | 40.05                                          | 53.4                                           | 106.8                                          |
| 16        | 12.675                                       | 25.35                                          | 38.025                                         | 50.7                                           | 101.4                                          |
| 17        | 12                                           | 24                                             | 36                                             | 48                                             | 96                                             |
| 18        | 11.25                                        | 22.5                                           | 33.75                                          | 45                                             | 90                                             |
| 19        | 10.575                                       | 21.15                                          | 31.725                                         | 42.3                                           | 84.6                                           |
| 20        | 9.9                                          | 19.8                                           | 29.7                                           | 39.6                                           | 79.2                                           |
| 21        | 9.15                                         | 18.3                                           | 27.45                                          | 36.6                                           | 73.2                                           |
| 22        | 8.475                                        | 16.95                                          | 25.425                                         | 33.9                                           | 67.8                                           |
| 23        | 7.725                                        | 15.45                                          | 23.175                                         | 30.9                                           | 61.8                                           |
| 24        | 7.425                                        | 14.85                                          | 22.275                                         | 29.7                                           | 59.4                                           |
| 25        | 7.05                                         | 14.1                                           | 21.15                                          | 28.2                                           | 56.4                                           |
| 26        | 6.675                                        | 13.35                                          | 20.025                                         | 26.7                                           | 53.4                                           |
| 27        | 6.375                                        | 12.75                                          | 19.125                                         | 25.5                                           | 51                                             |
| 28        | 6                                            | 12                                             | 18                                             | 24                                             | 48                                             |
| 29        | 5.625                                        | 11.25                                          | 16.875                                         | 22.5                                           | 45                                             |
| 30        | 5.25                                         | 10.5                                           | 15.75                                          | 21                                             | 42                                             |
| 31        | 4.95                                         | 9.9                                            | 14.85                                          | 19.8                                           | 39.6                                           |
| 32        | 4.725                                        | 9.45                                           | 14.175                                         | 18.9                                           | 37.8                                           |
| 33        | 4.575                                        | 9.15                                           | 13.725                                         | 18.3                                           | 36.6                                           |
| 34        | 4.425                                        | 8.85                                           | 13.275                                         | 17.7                                           | 35.4                                           |
| 35        | 4.2                                          | 8.4                                            | 12.6                                           | 16.8                                           | 33.6                                           |
| 36        | 4.05                                         | 8.1                                            | 12.15                                          | 16.2                                           | 32.4                                           |
| 37        | 3.9                                          | 7.8                                            | 11.7                                           | 15.6                                           | 31.2                                           |
| 38        | 3.675                                        | 7.35                                           | 11.025                                         | 14.7                                           | 29.4                                           |
| 39        | 3.525                                        | 7.05                                           | 10.575                                         | 14.1                                           | 28.2                                           |
| 40        | 3.375                                        | 6.75                                           | 10.125                                         | 13.5                                           | 27                                             |
| 41        | 3.225                                        | 6.45                                           | 9.675                                          | 12.9                                           | 25.8                                           |
| 42        | 3.15                                         | 6.3                                            | 9.45                                           | 12.6                                           | 25.2                                           |
| 43        | 3                                            | 6                                              | 9                                              | 12                                             | 24                                             |
| 44        | 2.925                                        | 5.85                                           | 8.775                                          | 11.7                                           | 23.4                                           |
| 45        | 2.85                                         | 5.7                                            | 8.55                                           | 11.4                                           | 22.8                                           |
| 46        | 2.7                                          | 5.4                                            | 8.1                                            | 10.8                                           | 21.6                                           |
| 47        | 2.625                                        | 5.25                                           | 7.875                                          | 10.5                                           | 21                                             |
| 48        | 2.475                                        | 4.95                                           | 7.425                                          | 9.9                                            | 19.8                                           |
| 49        | 2.4                                          | 4.8                                            | 7.2                                            | 9.6                                            | 19.2                                           |
| 50        | 2.25                                         | 4.5                                            | 6.75                                           | 9                                              | 18                                             |

**Points Rewards:**

EVEDEX Points will be distributed among users having places 51 – 250 on the basis of the user trading volume during the Event Period as follows:

| **Place** | **Daily Prizes in EVEDEX Points with 16,000 Prize Pool** | **Daily Prizes in EVEDEX Points with 32,000 Prize Pool** | **Daily Prizes in EVEDEX Points with 48,000 Prize Pool** | **Daily Prizes in EVEDEX Points with 64,000 Prize Pool** | **Daily Prizes in EVEDEX Points with 128,000 Prize Pool** |
| --------- | -------------------------------------------------------- | -------------------------------------------------------- | -------------------------------------------------------- | -------------------------------------------------------- | --------------------------------------------------------- |
| 51        | 402.5452936                                              | 805.0905873                                              | 1207.635881                                              | 1610.181175                                              | 3220.362349                                               |
| 52        | 392.4816613                                              | 784.9633226                                              | 1177.444984                                              | 1569.926645                                              | 3139.85329                                                |
| 53        | 382.6696198                                              | 765.3392395                                              | 1148.008859                                              | 1530.678479                                              | 3061.356958                                               |
| 54        | 373.1028793                                              | 746.2057586                                              | 1119.308638                                              | 1492.411517                                              | 2984.823034                                               |
| 55        | 363.7753073                                              | 727.5506146                                              | 1091.325922                                              | 1455.101229                                              | 2910.202458                                               |
| 56        | 354.6809246                                              | 709.3618492                                              | 1064.042774                                              | 1418.723698                                              | 2837.447397                                               |
| 57        | 345.8139015                                              | 691.627803                                               | 1037.441704                                              | 1383.255606                                              | 2766.511212                                               |
| 58        | 337.168554                                               | 674.3371079                                              | 1011.505662                                              | 1348.674216                                              | 2697.348432                                               |
| 59        | 328.7393401                                              | 657.4786802                                              | 986.2180203                                              | 1314.95736                                               | 2629.914721                                               |
| 60        | 320.5208566                                              | 641.0417132                                              | 961.5625698                                              | 1282.083426                                              | 2564.166853                                               |
| 61        | 312.5078352                                              | 625.0156704                                              | 937.5235056                                              | 1250.031341                                              | 2500.062682                                               |
| 62        | 304.6951393                                              | 609.3902786                                              | 914.0854179                                              | 1218.780557                                              | 2437.561115                                               |
| 63        | 297.0777608                                              | 594.1555217                                              | 891.2332825                                              | 1188.311043                                              | 2376.622087                                               |
| 64        | 289.6508168                                              | 579.3016336                                              | 868.9524504                                              | 1158.603267                                              | 2317.206534                                               |
| 65        | 282.4095464                                              | 564.8190928                                              | 847.2286392                                              | 1129.638186                                              | 2259.276371                                               |
| 66        | 275.3493077                                              | 550.6986155                                              | 826.0479232                                              | 1101.397231                                              | 2202.794462                                               |
| 67        | 268.465575                                               | 536.9311501                                              | 805.3967251                                              | 1073.8623                                                | 2147.7246                                                 |
| 68        | 261.7539357                                              | 523.5078713                                              | 785.261807                                               | 1047.015743                                              | 2094.031485                                               |
| 69        | 255.2100873                                              | 510.4201745                                              | 765.6302618                                              | 1020.840349                                              | 2041.680698                                               |
| 70        | 248.8298351                                              | 497.6596702                                              | 746.4895053                                              | 995.3193403                                              | 1990.638681                                               |
| 71        | 242.6090892                                              | 485.2181784                                              | 727.8272676                                              | 970.4363568                                              | 1940.872714                                               |
| 72        | 236.543862                                               | 473.087724                                               | 709.6315859                                              | 946.1754479                                              | 1892.350896                                               |
| 73        | 230.6302654                                              | 461.2605309                                              | 691.8907963                                              | 922.5210617                                              | 1845.042123                                               |
| 74        | 224.8645088                                              | 449.7290176                                              | 674.5935264                                              | 899.4580352                                              | 1798.91607                                                |
| 75        | 219.2428961                                              | 438.4857921                                              | 657.7286882                                              | 876.9715843                                              | 1753.943169                                               |
| 76        | 213.7618237                                              | 427.5236473                                              | 641.285471                                               | 855.0472947                                              | 1710.094589                                               |
| 77        | 208.4177781                                              | 416.8355562                                              | 625.2533342                                              | 833.6711123                                              | 1667.342225                                               |
| 78        | 203.2073336                                              | 406.4146673                                              | 609.6220009                                              | 812.8293345                                              | 1625.658669                                               |
| 79        | 198.1271503                                              | 396.2543006                                              | 594.3814509                                              | 792.5086012                                              | 1585.017202                                               |
| 80        | 193.1739715                                              | 386.3479431                                              | 579.5219146                                              | 772.6958861                                              | 1545.391772                                               |
| 81        | 188.3446222                                              | 376.6892445                                              | 565.0338667                                              | 753.378489                                               | 1506.756978                                               |
| 82        | 183.6360067                                              | 367.2720134                                              | 550.9080201                                              | 734.5440267                                              | 1469.088053                                               |
| 83        | 179.0451065                                              | 358.090213                                               | 537.1353196                                              | 716.1804261                                              | 1432.360852                                               |
| 84        | 174.5689789                                              | 349.1379577                                              | 523.7069366                                              | 698.2759154                                              | 1396.551831                                               |
| 85        | 170.2047544                                              | 340.4095088                                              | 510.6142632                                              | 680.8190175                                              | 1361.638035                                               |
| 86        | 165.9496355                                              | 331.8992711                                              | 497.8489066                                              | 663.7985421                                              | 1327.597084                                               |
| 87        | 161.8008946                                              | 323.6017893                                              | 485.4026839                                              | 647.2035785                                              | 1294.407157                                               |
| 88        | 157.7558723                                              | 315.5117445                                              | 473.2676168                                              | 631.0234891                                              | 1262.046978                                               |
| 89        | 153.8119755                                              | 307.6239509                                              | 461.4359264                                              | 615.2479019                                              | 1230.495804                                               |
| 90        | 149.9666761                                              | 299.9333522                                              | 449.9000282                                              | 599.8667043                                              | 1199.733409                                               |
| 91        | 146.2175092                                              | 292.4350184                                              | 438.6525275                                              | 584.8700367                                              | 1169.740073                                               |
| 92        | 142.5620714                                              | 285.1241429                                              | 427.6862143                                              | 570.2482858                                              | 1140.496572                                               |
| 93        | 138.9980197                                              | 277.9960393                                              | 416.994059                                               | 555.9920786                                              | 1111.984157                                               |
| 94        | 135.5230692                                              | 271.0461383                                              | 406.5692075                                              | 542.0922767                                              | 1084.184553                                               |
| 95        | 132.1349924                                              | 264.2699849                                              | 396.4049773                                              | 528.5399698                                              | 1057.07994                                                |
| 96        | 128.8316176                                              | 257.6632353                                              | 386.4948529                                              | 515.3264705                                              | 1030.652941                                               |
| 97        | 125.6108272                                              | 251.2216544                                              | 376.8324816                                              | 502.4433088                                              | 1004.886618                                               |
| 98        | 122.4705565                                              | 244.941113                                               | 367.4116695                                              | 489.882226                                               | 979.7644521                                               |
| 99        | 119.4087926                                              | 238.8175852                                              | 358.2263778                                              | 477.6351704                                              | 955.2703408                                               |
| 100       | 116.4235728                                              | 232.8471456                                              | 349.2707183                                              | 465.6942911                                              | 931.3885822                                               |
| 101       | 113.5129835                                              | 227.0259669                                              | 340.5389504                                              | 454.0519338                                              | 908.1038677                                               |
| 102       | 110.6751589                                              | 221.3503177                                              | 332.0254766                                              | 442.7006355                                              | 885.401271                                                |
| 103       | 107.9082799                                              | 215.8165598                                              | 323.7248397                                              | 431.6331196                                              | 863.2662392                                               |
| 104       | 105.2105729                                              | 210.4211458                                              | 315.6317187                                              | 420.8422916                                              | 841.6845832                                               |
| 105       | 102.5803086                                              | 205.1606172                                              | 307.7409257                                              | 410.3212343                                              | 820.6424687                                               |
| 106       | 100.0158009                                              | 200.0316017                                              | 300.0474026                                              | 400.0632035                                              | 800.1264069                                               |
| 107       | 97.51540585                                              | 195.0308117                                              | 292.5462175                                              | 390.0616234                                              | 780.1232468                                               |
| 108       | 95.0775207                                               | 190.1550414                                              | 285.2325621                                              | 380.3100828                                              | 760.6201656                                               |
| 109       | 92.70058268                                              | 185.4011654                                              | 278.101748                                               | 370.8023307                                              | 741.6046615                                               |
| 110       | 90.38306812                                              | 180.7661362                                              | 271.1492043                                              | 361.5322725                                              | 723.0645449                                               |
| 111       | 88.12349141                                              | 176.2469828                                              | 264.3704742                                              | 352.4939657                                              | 704.9879313                                               |
| 112       | 85.92040413                                              | 171.8408083                                              | 257.7612124                                              | 343.6816165                                              | 687.363233                                                |
| 113       | 83.77239402                                              | 167.544788                                               | 251.3171821                                              | 335.0895761                                              | 670.1791522                                               |
| 114       | 81.67808417                                              | 163.3561683                                              | 245.0342525                                              | 326.7123367                                              | 653.4246734                                               |
| 115       | 79.63613207                                              | 159.2722641                                              | 238.9083962                                              | 318.5445283                                              | 637.0890566                                               |
| 116       | 77.64522877                                              | 155.2904575                                              | 232.9356863                                              | 310.5809151                                              | 621.1618301                                               |
| 117       | 75.70409805                                              | 151.4081961                                              | 227.1122941                                              | 302.8163922                                              | 605.6327844                                               |
| 118       | 73.8114956                                               | 147.6229912                                              | 221.4344868                                              | 295.2459824                                              | 590.4919648                                               |
| 119       | 71.96620821                                              | 143.9324164                                              | 215.8986246                                              | 287.8648328                                              | 575.7296657                                               |
| 120       | 70.167053                                                | 140.334106                                               | 210.501159                                               | 280.668212                                               | 561.336424                                                |
| 121       | 68.41287668                                              | 136.8257534                                              | 205.23863                                                | 273.6515067                                              | 547.3030134                                               |
| 122       | 66.70255476                                              | 133.4051095                                              | 200.1076643                                              | 266.810219                                               | 533.6204381                                               |
| 123       | 65.03499089                                              | 130.0699818                                              | 195.1049727                                              | 260.1399636                                              | 520.2799271                                               |
| 124       | 63.40911612                                              | 126.8182322                                              | 190.2273484                                              | 253.6364645                                              | 507.272929                                                |
| 125       | 61.82388822                                              | 123.6477764                                              | 185.4716646                                              | 247.2955529                                              | 494.5911057                                               |
| 126       | 60.27829101                                              | 120.556582                                               | 180.834873                                               | 241.113164                                               | 482.2263281                                               |
| 127       | 58.77133374                                              | 117.5426675                                              | 176.3140012                                              | 235.0853349                                              | 470.1706699                                               |
| 128       | 57.30205039                                              | 114.6041008                                              | 171.9061512                                              | 229.2082016                                              | 458.4164031                                               |
| 129       | 55.86949913                                              | 111.7389983                                              | 167.6084974                                              | 223.4779965                                              | 446.9559931                                               |
| 130       | 54.47276165                                              | 108.9455233                                              | 163.418285                                               | 217.8910466                                              | 435.7820932                                               |
| 131       | 53.11094261                                              | 106.2218852                                              | 159.3328278                                              | 212.4437704                                              | 424.8875409                                               |
| 132       | 51.78316905                                              | 103.5663381                                              | 155.3495071                                              | 207.1326762                                              | 414.2653524                                               |
| 133       | 50.48858982                                              | 100.9771796                                              | 151.4657695                                              | 201.9543593                                              | 403.9087186                                               |
| 134       | 49.22637508                                              | 98.45275015                                              | 147.6791252                                              | 196.9055003                                              | 393.8110006                                               |
| 135       | 47.9957157                                               | 95.9914314                                               | 143.9871471                                              | 191.9828628                                              | 383.9657256                                               |
| 136       | 46.79582281                                              | 93.59164561                                              | 140.3874684                                              | 187.1832912                                              | 374.3665824                                               |
| 137       | 45.62592724                                              | 91.25185447                                              | 136.8777817                                              | 182.5037089                                              | 365.0074179                                               |
| 138       | 44.48527905                                              | 88.97055811                                              | 133.4558372                                              | 177.9411162                                              | 355.8822324                                               |
| 139       | 43.37314708                                              | 86.74629416                                              | 130.1194412                                              | 173.4925883                                              | 346.9851766                                               |
| 140       | 42.2888184                                               | 84.5776368                                               | 126.8664552                                              | 169.1552736                                              | 338.3105472                                               |
| 141       | 41.23159794                                              | 82.46319588                                              | 123.6947938                                              | 164.9263918                                              | 329.8527835                                               |
| 142       | 40.20080799                                              | 80.40161599                                              | 120.602424                                               | 160.803232                                               | 321.6064639                                               |
| 143       | 39.19578779                                              | 78.39157559                                              | 117.5873634                                              | 156.7831512                                              | 313.5663023                                               |
| 144       | 38.2158931                                               | 76.4317862                                               | 114.6476793                                              | 152.8635724                                              | 305.7271448                                               |
| 145       | 37.26049577                                              | 74.52099154                                              | 111.7814873                                              | 149.0419831                                              | 298.0839662                                               |
| 146       | 36.32898338                                              | 72.65796675                                              | 108.9869501                                              | 145.3159335                                              | 290.631867                                                |
| 147       | 35.42075879                                              | 70.84151758                                              | 106.2622764                                              | 141.6830352                                              | 283.3660703                                               |
| 148       | 34.53523982                                              | 69.07047964                                              | 103.6057195                                              | 138.1409593                                              | 276.2819186                                               |
| 149       | 33.67185883                                              | 67.34371765                                              | 101.0155765                                              | 134.6874353                                              | 269.3748706                                               |
| 150       | 32.83006236                                              | 65.66012471                                              | 98.49018707                                              | 131.3202494                                              | 262.6404988                                               |
| 151       | 32.0093108                                               | 64.01862159                                              | 96.02793239                                              | 128.0372432                                              | 256.0744864                                               |
| 152       | 31.20907803                                              | 62.41815605                                              | 93.62723408                                              | 124.8363121                                              | 249.6726242                                               |
| 153       | 30.42885108                                              | 60.85770215                                              | 91.28655323                                              | 121.7154043                                              | 243.4308086                                               |
| 154       | 29.6681298                                               | 59.3362596                                               | 89.0043894                                               | 118.6725192                                              | 237.3450384                                               |
| 155       | 28.92642655                                              | 57.85285311                                              | 86.77927966                                              | 115.7057062                                              | 231.4114124                                               |
| 156       | 28.20326589                                              | 56.40653178                                              | 84.60979767                                              | 112.8130636                                              | 225.6261271                                               |
| 157       | 27.49818424                                              | 54.99636849                                              | 82.49455273                                              | 109.992737                                               | 219.9854739                                               |
| 158       | 26.81072964                                              | 53.62145928                                              | 80.43218891                                              | 107.2429186                                              | 214.4858371                                               |
| 159       | 26.1404614                                               | 52.28092279                                              | 78.42138419                                              | 104.5618456                                              | 209.1236912                                               |
| 160       | 25.48694986                                              | 50.97389972                                              | 76.46084959                                              | 101.9477994                                              | 203.8955989                                               |
| 161       | 24.84977612                                              | 49.69955223                                              | 74.54932835                                              | 99.39910446                                              | 198.7982089                                               |
| 162       | 24.22853171                                              | 48.45706342                                              | 72.68559514                                              | 96.91412685                                              | 193.8282537                                               |
| 163       | 23.62281842                                              | 47.24563684                                              | 70.86845526                                              | 94.49127368                                              | 188.9825474                                               |
| 164       | 23.03224796                                              | 46.06449592                                              | 69.09674388                                              | 92.12899184                                              | 184.2579837                                               |
| 165       | 22.45644176                                              | 44.91288352                                              | 67.36932528                                              | 89.82576704                                              | 179.6515341                                               |
| 166       | 21.89503072                                              | 43.79006143                                              | 65.68509215                                              | 87.58012286                                              | 175.1602457                                               |
| 167       | 21.34765495                                              | 42.6953099                                               | 64.04296484                                              | 85.39061979                                              | 170.7812396                                               |
| 168       | 20.81396357                                              | 41.62792715                                              | 62.44189072                                              | 83.2558543                                               | 166.5117086                                               |
| 169       | 20.29361449                                              | 40.58722897                                              | 60.88084346                                              | 81.17445794                                              | 162.3489159                                               |
| 170       | 19.78627412                                              | 39.57254825                                              | 59.35882237                                              | 79.14509649                                              | 158.290193                                                |
| 171       | 19.29161727                                              | 38.58323454                                              | 57.87485181                                              | 77.16646908                                              | 154.3329382                                               |
| 172       | 18.80932684                                              | 37.61865368                                              | 56.42798051                                              | 75.23730735                                              | 150.4746147                                               |
| 173       | 18.33909367                                              | 36.67818733                                              | 55.017281                                                | 73.35637467                                              | 146.7127493                                               |
| 174       | 17.88061633                                              | 35.76123265                                              | 53.64184898                                              | 71.5224653                                               | 143.0449306                                               |
| 175       | 17.43360092                                              | 34.86720183                                              | 52.30080275                                              | 69.73440367                                              | 139.4688073                                               |
| 176       | 16.99776089                                              | 33.99552179                                              | 50.99328268                                              | 67.99104358                                              | 135.9820872                                               |
| 177       | 16.57281687                                              | 33.14563374                                              | 49.71845062                                              | 66.29126749                                              | 132.582535                                                |
| 178       | 16.15849645                                              | 32.3169929                                               | 48.47548935                                              | 64.6339858                                               | 129.2679716                                               |
| 179       | 15.75453404                                              | 31.50906808                                              | 47.26360212                                              | 63.01813616                                              | 126.0362723                                               |
| 180       | 15.36067069                                              | 30.72134138                                              | 46.08201206                                              | 61.44268275                                              | 122.8853655                                               |
| 181       | 14.97665392                                              | 29.95330784                                              | 44.92996176                                              | 59.90661568                                              | 119.8132314                                               |
| 182       | 14.60223757                                              | 29.20447515                                              | 43.80671272                                              | 58.40895029                                              | 116.8179006                                               |
| 183       | 14.23718163                                              | 28.47436327                                              | 42.7115449                                               | 56.94872653                                              | 113.8974531                                               |
| 184       | 13.88125209                                              | 27.76250419                                              | 41.64375628                                              | 55.52500837                                              | 111.0500167                                               |
| 185       | 13.53422079                                              | 27.06844158                                              | 40.60266237                                              | 54.13688316                                              | 108.2737663                                               |
| 186       | 13.19586527                                              | 26.39173054                                              | 39.58759581                                              | 52.78346108                                              | 105.5669222                                               |
| 187       | 12.86596864                                              | 25.73193728                                              | 38.59790592                                              | 51.46387456                                              | 102.9277491                                               |
| 188       | 12.54431942                                              | 25.08863885                                              | 37.63295827                                              | 50.17727769                                              | 100.3545554                                               |
| 189       | 12.23071144                                              | 24.46142287                                              | 36.69213431                                              | 48.92284575                                              | 97.8456915                                                |
| 190       | 11.92494365                                              | 23.8498873                                               | 35.77483095                                              | 47.69977461                                              | 95.39954921                                               |
| 191       | 11.62682006                                              | 23.25364012                                              | 34.88046018                                              | 46.50728024                                              | 93.01456048                                               |
| 192       | 11.33614956                                              | 22.67229912                                              | 34.00844868                                              | 45.34459823                                              | 90.68919647                                               |
| 193       | 11.05274582                                              | 22.10549164                                              | 33.15823746                                              | 44.21098328                                              | 88.42196656                                               |
| 194       | 10.77642717                                              | 21.55285435                                              | 32.32928152                                              | 43.1057087                                               | 86.21141739                                               |
| 195       | 10.50701649                                              | 21.01403299                                              | 31.52104948                                              | 42.02806598                                              | 84.05613196                                               |
| 196       | 10.24434108                                              | 20.48868216                                              | 30.73302325                                              | 40.97736433                                              | 81.95472866                                               |
| 197       | 9.988232555                                              | 19.97646511                                              | 29.96469767                                              | 39.95293022                                              | 79.90586044                                               |
| 198       | 9.738526741                                              | 19.47705348                                              | 29.21558022                                              | 38.95410697                                              | 77.90821393                                               |
| 199       | 9.495063573                                              | 18.99012715                                              | 28.48519072                                              | 37.98025429                                              | 75.96050858                                               |
| 200       | 9.257686984                                              | 18.51537397                                              | 27.77306095                                              | 37.03074793                                              | 74.06149587                                               |
| 201       | 9.026244809                                              | 18.05248962                                              | 27.07873443                                              | 36.10497924                                              | 72.20995847                                               |
| 202       | 8.800588689                                              | 17.60117738                                              | 26.40176607                                              | 35.20235475                                              | 70.40470951                                               |
| 203       | 8.580573972                                              | 17.16114794                                              | 25.74172191                                              | 34.32229589                                              | 68.64459177                                               |
| 204       | 8.366059622                                              | 16.73211924                                              | 25.09817887                                              | 33.46423849                                              | 66.92847698                                               |
| 205       | 8.156908132                                              | 16.31381626                                              | 24.4707244                                               | 32.62763253                                              | 65.25526505                                               |
| 206       | 7.952985428                                              | 15.90597086                                              | 23.85895629                                              | 31.81194171                                              | 63.62388343                                               |
| 207       | 7.754160793                                              | 15.50832159                                              | 23.26248238                                              | 31.01664317                                              | 62.03328634                                               |
| 208       | 7.560306773                                              | 15.12061355                                              | 22.68092032                                              | 30.24122709                                              | 60.48245418                                               |
| 209       | 7.371299104                                              | 14.74259821                                              | 22.11389731                                              | 29.48519641                                              | 58.97039283                                               |
| 210       | 7.187016626                                              | 14.37403325                                              | 21.56104988                                              | 28.7480665                                               | 57.49613301                                               |
| 211       | 7.00734121                                               | 14.01468242                                              | 21.02202363                                              | 28.02936484                                              | 56.05872968                                               |
| 212       | 6.83215768                                               | 13.66431536                                              | 20.49647304                                              | 27.32863072                                              | 54.65726144                                               |
| 213       | 6.661353738                                              | 13.32270748                                              | 19.98406121                                              | 26.64541495                                              | 53.2908299                                                |
| 214       | 6.494819895                                              | 12.98963979                                              | 19.48445968                                              | 25.97927958                                              | 51.95855916                                               |
| 215       | 6.332449397                                              | 12.66489879                                              | 18.99734819                                              | 25.32979759                                              | 50.65959518                                               |
| 216       | 6.174138162                                              | 12.34827632                                              | 18.52241449                                              | 24.69655265                                              | 49.3931053                                                |
| 217       | 6.019784708                                              | 12.03956942                                              | 18.05935412                                              | 24.07913883                                              | 48.15827767                                               |
| 218       | 5.869290091                                              | 11.73858018                                              | 17.60787027                                              | 23.47716036                                              | 46.95432072                                               |
| 219       | 5.722557838                                              | 11.44511568                                              | 17.16767351                                              | 22.89023135                                              | 45.78046271                                               |
| 220       | 5.579493892                                              | 11.15898778                                              | 16.73848168                                              | 22.31797557                                              | 44.63595114                                               |
| 221       | 5.440006545                                              | 10.88001309                                              | 16.32001964                                              | 21.76002618                                              | 43.52005236                                               |
| 222       | 5.304006381                                              | 10.60801276                                              | 15.91201914                                              | 21.21602553                                              | 42.43205105                                               |
| 223       | 5.171406222                                              | 10.34281244                                              | 15.51421867                                              | 20.68562489                                              | 41.37124977                                               |
| 224       | 5.042121066                                              | 10.08424213                                              | 15.1263632                                               | 20.16848427                                              | 40.33696853                                               |
| 225       | 4.91606804                                               | 9.832136079                                              | 14.74820412                                              | 19.66427216                                              | 39.32854432                                               |
| 226       | 4.793166339                                              | 9.586332677                                              | 14.37949902                                              | 19.17266535                                              | 38.34533071                                               |
| 227       | 4.67333718                                               | 9.34667436                                               | 14.02001154                                              | 18.69334872                                              | 37.38669744                                               |
| 228       | 4.556503751                                              | 9.113007501                                              | 13.66951125                                              | 18.226015                                                | 36.45203001                                               |
| 229       | 4.442591157                                              | 8.885182314                                              | 13.32777347                                              | 17.77036463                                              | 35.54072926                                               |
| 230       | 4.331526378                                              | 8.663052756                                              | 12.99457913                                              | 17.32610551                                              | 34.65221102                                               |
| 231       | 4.223238219                                              | 8.446476437                                              | 12.66971466                                              | 16.89295287                                              | 33.78590575                                               |
| 232       | 4.117657263                                              | 8.235314526                                              | 12.35297179                                              | 16.47062905                                              | 32.9412581                                                |
| 233       | 4.014715832                                              | 8.029431663                                              | 12.04414749                                              | 16.05886333                                              | 32.11772665                                               |
| 234       | 3.914347936                                              | 7.828695871                                              | 11.74304381                                              | 15.65739174                                              | 31.31478349                                               |
| 235       | 3.816489237                                              | 7.632978475                                              | 11.44946771                                              | 15.26595695                                              | 30.5319139                                                |
| 236       | 3.721077006                                              | 7.442154013                                              | 11.16323102                                              | 14.88430803                                              | 29.76861605                                               |
| 237       | 3.628050081                                              | 7.256100162                                              | 10.88415024                                              | 14.51220032                                              | 29.02440065                                               |
| 238       | 3.537348829                                              | 7.074697658                                              | 10.61204649                                              | 14.14939532                                              | 28.29879063                                               |
| 239       | 3.448915108                                              | 6.897830217                                              | 10.34674533                                              | 13.79566043                                              | 27.59132087                                               |
| 240       | 3.362692231                                              | 6.725384462                                              | 10.08807669                                              | 13.45076892                                              | 26.90153785                                               |
| 241       | 3.278624925                                              | 6.55724985                                               | 9.835874775                                              | 13.1144997                                               | 26.2289994                                                |
| 242       | 3.196659302                                              | 6.393318604                                              | 9.589977906                                              | 12.78663721                                              | 25.57327441                                               |
| 243       | 3.116742819                                              | 6.233485639                                              | 9.350228458                                              | 12.46697128                                              | 24.93394255                                               |
| 244       | 3.038824249                                              | 6.077648498                                              | 9.116472746                                              | 12.155297                                                | 24.31059399                                               |
| 245       | 2.962853643                                              | 5.925707285                                              | 8.888560928                                              | 11.85141457                                              | 23.70282914                                               |
| 246       | 2.888782302                                              | 5.777564603                                              | 8.666346905                                              | 11.55512921                                              | 23.11025841                                               |
| 247       | 2.816562744                                              | 5.633125488                                              | 8.449688232                                              | 11.26625098                                              | 22.53250195                                               |
| 248       | 2.746148675                                              | 5.492297351                                              | 8.238446026                                              | 10.9845947                                               | 21.9691894                                                |
| 249       | 2.677494959                                              | 5.354989917                                              | 8.032484876                                              | 10.70997983                                              | 21.41995967                                               |
| 250       | 2.610557585                                              | 5.221115169                                              | 7.831672754                                              | 10.44223034                                              | 20.88446068                                               |

**Winner Selection and Reward Distribution**: &#x20;

The winners will be determined for each day within the next day on the basis of EVEDEX data.  &#x20;

USDT and EVEDEX Points rewards will be available to claim via EVEDEX accounts of respective users. Winning users shall claim their reward by 30 May 2026. If the reward is not claimed by this day, it will be burned.&#x20;

<h2 align="center">(II) Additional Trading Volume Milestone Prize</h2>

**Winner**:

Each user who reaches USDT 1,000,000 in trading volume during the Event Period.&#x20;

The user only wins once during the Event.&#x20;

Referrals and sub-referrals’ trading volume is not counted.&#x20;

**USDT Rewards**:

USDT 100 for each user.

**Winner Selection and Reward Distribution:** &#x20;

The winners will be determined on the basis of EVEDEX data.  &#x20;

USDT rewards will be available to claim via EVEDEX accounts of respective users. Winning users shall claim their reward by 30 May 2026. If the reward is not claimed by this day, it will be burned.&#x20;

<h2 align="center">(III) Device Rewards for the Total Trading Volume</h2>

**Winners:**

The winner is determined on the basis of the trading volume of the user during the whole Event Period.

Three users with the highest trading volume during the Event Period will be winners.&#x20;

Referrals and sub-referrals’ trading volume is not counted.&#x20;

**Rewards:**

1st: iPhone 17 Pro Max 2TB&#x20;

2nd: Apple Watch Series 11

3rd: AirPods Pro 3

**Winner Selection and Reward Distribution:** &#x20;

The winners will be determined on the basis of EVEDEX data within 15 days from the end of the Event Period.  &#x20;

Physical rewards (iPhone, Apple Watch and AirPods) will be purchased/delivered depending on the location of the user. If the user desires to or EVEDEX cannot (or it is commercially unviable to) deliver the physical prize to the user, EVEDEX shall have the right to change the physical prize to the respective amount in USDT to be transferred to the user’s account with EVEDEX.&#x20;

## Other Terms & Conditions: &#x20;

No payment or purchase is needed to participate. Rewards are provided solely based on the formula described above.\
\
If users have equal number of the trading volume, the user, who has reached the respective number earlier, shall receive the respective reward. &#x20;

EVEDEX's determination of winners is final and binding.

By participating in the contest, users agree to comply with all terms and conditions. &#x20;

Only real trading volume is calculated for the purpose of the event. Any manipulative trading, HFT (high-frequency trading) or any other activities which cannot be reasonably qualified as good faith trading shall not be calculated for the purpose of the event.

Any dishonest, abusive and fraudulent activity as well as the breach of the Terms of Service of EVEDEX can result in disqualification at the sole discretion of EVEDEX. EVEDEX may disqualify, exclude, or adjust any trading volume for: wash trading; self-matching; coordinated or circular trading; spoofing/layering; quote stuffing; abusive API usage aimed at artificial volume generation; account sharing; referral fraud; using bots; multi-accounts trading; affiliation, partnership or other commercial arrangement with EVEDEX; any other bad faith activity on the platform.

The personal data of users will only be processed as long as necessary for event operations. &#x20;

Users are solely responsible for all tax obligations arising from their participation in this event. &#x20;

EVEDEX is not responsible for determining the legal status of cryptocurrency usage within any participants’ jurisdiction. &#x20;

By accepting a prize, winners consent to EVEDEX’s use of their wallet (and, if separately agreed, likeness) for winner announcements and promotional materials relating to the Event, without additional compensation.

The event is not sponsored, supported or managed by any social media platform. &#x20;

EVEDEX may modify, suspend, or cancel the Event if fraud, technical failures, market conditions, regulatory changes, or any other events impair its integrity or feasibility. No investment advice or solicitation is intended.&#x20;

This event is not for UK retail.&#x20;


# Lucky Shot Terms

**Event Details:**\
Lucky Shot

Lucky Shot is a promotional rewards program provided by EVEDEX to eligible users for engagement purposes only. It is not a lottery, gambling product, betting service, or game of chance, and does not constitute a financial service or investment product.

**Event Period:** From 25 December 2025 12:00:00 PM (UTC) to 30 March 2026 12:00:00 PM (UTC)

**Eligible Users:** a user of EVEDEX who: (i) is an eligible user under the EVEDEX Terms of Use; (ii) has a Lucky Shot activation; (iii) is at least 18 years old; (iv) is not located in or a resident of any jurisdiction where participation is prohibited or restricted.

**How to participate:**

In order to participate the user shall have a Lucky Shot activation (may be named as a ticket). The activations (tickets) are free of charge and cannot be purchased from EVEDEX or third parties.

There are several ways how to receive the Lucky Shot activation:

1. Perform daily tasks on EVEDEX. The system will automatically track users’ activities and distribute Lucky Shot activations according to the performed daily tasks.
2. Request a Lucky Shot activation by sending a written request via post office to the address indicated below, with a copy to <info@evedex.com>. The request shall contain the following information: wallet address linked to the account of user, smart account of user, request to receive a ticket. The ticket will be distributed to the user’s account within 7 days of the request being received. The user is eligible to receive one Lucky Shot activation in this manner.
3. Other ways which may be additionally communicated by EVEDEX (e.g. for active users), except any purchases of Lucky Shot activation.

The Lucky Shot event is conducted as follows:

* One Lucky Shot activation entitles the user to participate in one promotional reward allocation sequence.
* The allocation sequence consists of several predefined stages, each associated with a progressively higher potential reward amount.
* At each stage, the system determines randomly whether the user becomes eligible for the reward allocated to that stage.
* After each successful stage allocation, the user may either accept the allocated reward for that stage or proceed to the next stage allocation.
* If the user proceeds, any previously allocated reward is replaced by the outcome of the next stage allocation.
* The allocation outcome at each stage is determined automatically and randomly by the EVEDEX system.

Lucky Shot activations may experience a slight delay in being credited to eligible participants after meeting the requirements. Unused Lucky Shot activations will be forfeited once the event ends.

**Rewards:**

Rewards consist of USDT amounts allocated randomly from a fixed promotional rewards pool, subject to availability. The eligibility for the reward is determined automatically by EVEDEX.

Rewards are not guaranteed.

USDT reward will be transferred to the EVEDEX account of the respective user.

Rewards shall be transferred within 30 (thirty) days following the determination of the result.

**Terms & Conditions:**

No payment or purchase is needed to participate. Rewards are provided solely based on the rules described above.

Participation in Lucky Shot does not constitute financial, investment, or trading advice and should not be considered a reason to engage in trading or increase trading activity. Users may incur trading losses regardless of participation.

By participating in the event, users agree to comply with all terms and conditions.

Address: 1 Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, LC01 101, Saint Lucia.

Any dishonest, abusive and fraudulent activity can result in disqualification at the sole discretion of EVEDEX.

Any attempt to manipulate, exploit, or abuse the Lucky Shot Event, including through automated means, multiple accounts, or circumvention of controls, may result in disqualification, forfeiture of rewards, and account restrictions.

EVEDEX may disqualify, exclude, or adjust any results for users who are partners, affiliates or have other commercial arrangements with EVEDEX.

Users are solely responsible for all tax obligations arising from their participation in this event. EVEDEX is not responsible for determining the legal status of cryptocurrency usage within any participants’ jurisdiction.

The event is not sponsored, supported or managed by any social media platform.

EVEDEX reserves the right to amend or update the rules of the event at any time without further notice.

EVEDEX may modify, suspend, or cancel the Event if fraud, technical failures, market conditions, regulatory changes, or any other events impair its integrity or feasibility. No investment advice or solicitation is intended.

EVEDEX reserves the right to withhold, delay, reverse, or cancel any reward in order to comply with applicable laws, sanctions, AML, counter-terrorist financing, or internal compliance requirements.

This event is not for UK retail.