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Terms of Service

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RISK WARNING. Thor Exchange is experimental, non-custodial software for interacting with autonomous, immutable smart contracts. Digital assets are highly volatile and you can lose all of your funds. Transactions on a public blockchain are irreversible and cannot be cancelled, refunded, or reversed by anyone, including us. Tokens created through the launchpad are third-party content that we do not vet, endorse, or control, and many will lose all value or be abandoned or fraudulent by their creators. Never transact with funds you cannot afford to lose, and do your own research. Nothing on the Interface is financial, investment, legal, or tax advice.

These Terms of Service (“Terms”) are a binding legal agreement between you (“you”) and the operator of Thor Exchange (“Thor Exchange”, “we”, “us”, or “our”). They govern your access to and use of the Thor Exchange website at thorexchange.xyz and any associated subdomains, together with any content, tools, and features we make available there (collectively, the “Interface”).

1. Acceptance and binding effect

By accessing or using the Interface—including by connecting a wallet, submitting a transaction, creating a token, providing liquidity, or simply browsing—you acknowledge that you have read, understood, and agree to be bound by these Terms and by our Privacy Policy and Cookie Policy, which are incorporated by reference. If you do not agree, do not use the Interface. You represent that you have the legal capacity to enter into these Terms and, if you act on behalf of an entity, that you are authorized to bind it.

These Terms contain an arbitration agreement, a class-action waiver, and a jury-trial waiver (Section 17) that affect how disputes are resolved. Please read them carefully.

2. Eligibility

You must be at least 18 years old and of legal age to form a binding contract in your jurisdiction to use the Interface. By using the Interface you represent and warrant that you meet these requirements and that all information you provide is accurate.

3. Prohibited persons and jurisdictions

You represent and warrant that you are not, and are not acting on behalf of, a Prohibited Person. A “Prohibited Person” is any person who is:

  • a citizen, resident, national, or agent of, or an entity organized, incorporated, or otherwise located in, any country or territory that is the subject of comprehensive economic sanctions or trade embargoes administered by the U.S. Office of Foreign Assets Control (OFAC), the United Nations, the European Union or any EU member state, or the United Kingdom (currently including, without limitation, Cuba, Iran, North Korea, Syria, and the Crimea, Donetsk, Luhansk, Zaporizhzhia, and Kherson regions);
  • listed on, or majority-owned or controlled by any person listed on, any sanctions or restricted-party list, including OFAC’s Specially Designated Nationals and Blocked Persons (SDN) List, the EU Consolidated List, or the UK Sanctions List;
  • a United States person or a person located in, resident in, or a citizen of the United States or any of its territories; or
  • located in, resident in, a citizen of, or otherwise present in any jurisdiction where accessing or using the Interface, or the products and activities available through it, would be unlawful or would require any registration, licensing, or authorization that we or you have not obtained.

You are solely responsible for ensuring that your access to and use of the Interface complies with all laws applicable to you. We do not target, solicit, or make the Interface available to persons in any jurisdiction where doing so would be unlawful, and we may block or restrict access from any jurisdiction or wallet address, including through the use of geoblocking or address-screening tools, at our sole discretion.

4. The Interface is not the Protocol

The “Protocol” refers to the smart contracts that power Thor Exchange—including the V3 concentrated-liquidity automated market maker, the bonding-curve token launchpad, and related periphery contracts—deployed on the Robinhood Chain (chain ID 4663). These contracts are autonomous, permissionless, and immutable. Once deployed, they cannot be paused, upgraded, altered, or reversed by anyone, including us. We do not operate, control, or administer the Protocol, the blockchain on which it runs, or any transaction you submit.

The Interface is merely one of many possible front-ends that let users read from and format transactions for the Protocol. You may interact with the Protocol directly, or through your own software, third-party front-ends, aggregators, or wallets, entirely without the Interface. Your relationship is with the Protocol and the counterparties you transact with on it—not with us. We may modify, suspend, or discontinue the Interface at any time without affecting your ability to use the Protocol directly.

5. Non-custodial; you control your assets

The Interface is strictly non-custodial. We never take custody, possession, or control of your digital assets, and we cannot access, freeze, move, recover, or reverse them. You connect and control your own third-party wallet, and you are solely responsible for the security of your wallet, private keys, seed phrases, and credentials. Any transaction is initiated and cryptographically signed by you. We are not a party to it and cannot undo it. If you lose access to your wallet or keys, we cannot help you recover your assets.

6. No professional advice; no regulated services

Nothing on the Interface constitutes investment, financial, trading, legal, tax, accounting, or other professional advice, or a recommendation, solicitation, or offer to buy, sell, or hold any digital asset. Any data, charts, prices, or information shown are for general informational purposes only, may be inaccurate or delayed, and should not be relied upon. You are solely responsible for your own decisions and should consult your own advisors.

We are not your broker, dealer, exchange, intermediary, agent, advisor, or fiduciary, and no such relationship is created by these Terms or your use of the Interface. We are not a bank, money services business, money transmitter, custodian, or financial institution; we are not registered with, and are not licensed or supervised by, any securities regulator, financial regulator, or other governmental authority in any jurisdiction. Your digital assets are not deposits and are not insured or guaranteed by any government agency, deposit-insurance scheme, or private party.

7. Assumption of risk

You use the Interface and the Protocol entirely at your own risk. Without limitation, you knowingly and voluntarily assume the following risks:

  • Total loss. The value of digital assets can go to zero. You may lose some or all of the assets you commit.
  • Extreme volatility. Digital-asset prices are highly volatile and can change dramatically in seconds.
  • Smart-contract risk. The Protocol may contain bugs, errors, or vulnerabilities. Audits reduce but do not eliminate this risk; no audit is a guarantee of security. Exploits, hacks, and economic attacks can result in irreversible loss.
  • Immutability and irreversibility. Because the contracts are immutable and blockchain transactions are final, mistakes (such as wrong amounts, wrong addresses, or malicious approvals) cannot be undone.
  • MEV and front-running. Public mempools expose pending transactions. Third parties may front-run, back-run, or sandwich your transactions. Slippage settings mitigate but do not remove this risk.
  • Impermanent loss. Providing liquidity, including concentrated liquidity in V3 pools, exposes you to impermanent loss and may leave you worse off than simply holding the underlying assets.
  • Launchpad and “rug” risk. Tokens created on the launchpad are user-generated. Their creators may abandon them, manipulate them, mislead you, remove liquidity, or otherwise act fraudulently (“rug pulls”). We do not vet, endorse, or guarantee any token.
  • Network risk. The underlying blockchain may halt, fork, reorganize, congest, suffer downtime, change its rules, or fail to reach consensus, any of which may affect or prevent your transactions.
  • Regulatory and tax risk. The legal treatment of digital assets is uncertain and evolving, and adverse changes may affect the Interface, the Protocol, or your holdings.
  • Third-party and operational risk. Wallets, RPC providers, indexers, oracles, and other services outside our control may fail, be compromised, or behave unexpectedly.

8. User-generated tokens and content

The launchpad lets any user permissionlessly create tokens and upload associated content such as names, symbols, descriptions, and images. All such tokens and content are third-party, user-generated content. We do not create, own, vet, review, moderate, curate, verify, endorse, or list them, and we make no representation about their legality, quality, safety, or value. The presence of any token or content on the Interface is not an endorsement. You interact with user-generated tokens and their creators at your own risk, and any dispute is solely between you and the relevant third party.

If you create a token or upload content, you represent and warrant that you have all rights necessary to do so and that your content does not infringe any third party’s intellectual-property, privacy, or other rights and does not violate any law or these Terms. You grant us a worldwide, non-exclusive, royalty-free license to host, store, cache, reproduce, and display the content you submit for the purpose of operating and promoting the Interface. You acknowledge that content uploaded to decentralized or distributed storage (such as IPFS) is public and may be effectively permanent and impossible for us to delete.

9. Prohibited uses

You agree that you will not, and will not attempt to:

  • use the Interface for or in furtherance of any illegal, fraudulent, deceptive, or manipulative activity;
  • engage in market manipulation, including wash trading, spoofing, pump-and-dump schemes, or the dissemination of false or misleading information;
  • create, offer, sell, or promote any token or product that constitutes an unregistered security or other regulated financial instrument, or that otherwise violates applicable securities, commodities, or other laws;
  • use the Interface to launder money, finance terrorism, evade sanctions, or otherwise breach anti-money-laundering, counter-terrorist-financing, or sanctions laws;
  • upload, mint, or list any token, name, symbol, image, or other content that infringes intellectual-property rights, is defamatory, obscene, or unlawful, or that impersonates any person or project;
  • interfere with, disrupt, overload, or attack the Interface or its infrastructure, including via denial-of-service, scraping, or unauthorized automated access;
  • probe, scan, or test the vulnerability of, or breach or circumvent, any security or authentication measure of the Interface;
  • use the Interface if you are a Prohibited Person or to circumvent any geographic or eligibility restriction; or
  • violate any applicable law, regulation, or these Terms.

10. Fees and taxes

Using the Protocol involves fees. These currently include a network gas fee payable to blockchain validators (not to us); a 1% trading fee on bonding-curve trades; a token creation fee of 0.005 ETH; and V3 pool swap fees of 0.05%, 0.30%, or 1.00% depending on the pool, which accrue to liquidity providers and, where applicable, to a protocol fee recipient. Fees are enforced by the smart contracts and are subject to change through the deployment of new contracts. You are responsible for reviewing all fees before transacting.

You are solely responsible for determining, reporting, and paying any and all taxes (including income, capital-gains, sales, use, value-added, or withholding taxes) that apply to your transactions. We do not collect, withhold, report, or remit taxes on your behalf and give no tax advice.

11. Intellectual property

Except for user-generated content and open-source components licensed under their own terms, the Interface and its contents—including the Thor Exchange name, logos, designs, text, graphics, and software—are owned by us or our licensors and are protected by intellectual-property laws. Subject to your compliance with these Terms, we grant you a limited, personal, non-exclusive, non-transferable, revocable license to access and use the Interface for its intended purpose. All rights not expressly granted are reserved. You may not copy, modify, distribute, sell, or create derivative works of the Interface except as permitted by an applicable open-source license, and you may not use our marks in any way that suggests endorsement or sponsorship without our prior written consent.

12. Third-party services and links

The Interface may rely on or link to third-party services, resources, and websites (such as wallet providers, RPC endpoints, IPFS pinning services, block explorers, and analytics or error-reporting tools). We do not control and are not responsible for any third-party service or content, and your use of them is governed by their own terms and policies and is at your own risk. A link or integration does not imply endorsement.

13. Disclaimer of warranties

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, THE INTERFACE AND ALL RELATED CONTENT AND SERVICES ARE PROVIDED “AS IS” AND “AS AVAILABLE” WITHOUT WARRANTIES OF ANY KIND, WHETHER EXPRESS, IMPLIED, STATUTORY, OR OTHERWISE. WE SPECIFICALLY DISCLAIM ALL IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, AND NON-INFRINGEMENT, AND ANY WARRANTIES ARISING FROM COURSE OF DEALING OR USAGE OF TRADE. WE DO NOT WARRANT THAT THE INTERFACE WILL BE UNINTERRUPTED, TIMELY, SECURE, ACCURATE, COMPLETE, OR ERROR-FREE, THAT DEFECTS WILL BE CORRECTED, OR THAT THE INTERFACE OR ITS SERVERS ARE FREE OF HARMFUL COMPONENTS. WE MAKE NO WARRANTY REGARDING THE PROTOCOL, ANY BLOCKCHAIN, ANY DIGITAL ASSET, OR ANY THIRD-PARTY OR USER-GENERATED CONTENT. NO ADVICE OR INFORMATION OBTAINED FROM US OR THROUGH THE INTERFACE CREATES ANY WARRANTY NOT EXPRESSLY STATED HEREIN. SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OF CERTAIN WARRANTIES, SO SOME OF THE ABOVE MAY NOT APPLY TO YOU.

14. Limitation of liability

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT WILL WE OR OUR AFFILIATES, OR OUR OR THEIR RESPECTIVE OFFICERS, DIRECTORS, EMPLOYEES, CONTRACTORS, AGENTS, OR LICENSORS, BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, EXEMPLARY, OR PUNITIVE DAMAGES, OR FOR ANY LOSS OF PROFITS, REVENUES, GOODWILL, DATA, OR DIGITAL ASSETS, OR FOR ANY TRADING OR INVESTMENT LOSSES, ARISING OUT OF OR RELATING TO THESE TERMS, THE INTERFACE, THE PROTOCOL, OR ANY DIGITAL ASSET, WHETHER BASED ON WARRANTY, CONTRACT, TORT (INCLUDING NEGLIGENCE), STRICT LIABILITY, OR ANY OTHER LEGAL THEORY, AND WHETHER OR NOT WE HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, OUR TOTAL AGGREGATE LIABILITY ARISING OUT OF OR RELATING TO THESE TERMS OR THE INTERFACE WILL NOT EXCEED THE GREATER OF (A) ONE HUNDRED U.S. DOLLARS (US$100) OR (B) THE TOTAL FEES, IF ANY, THAT YOU ACTUALLY PAID TO US (AS OPPOSED TO NETWORK VALIDATORS, LIQUIDITY PROVIDERS, OR OTHER USERS) IN THE TWELVE (12) MONTHS IMMEDIATELY PRECEDING THE EVENT GIVING RISE TO THE CLAIM. THE FOREGOING LIMITATIONS APPLY EVEN IF A REMEDY FAILS OF ITS ESSENTIAL PURPOSE. SOME JURISDICTIONS DO NOT ALLOW CERTAIN LIMITATIONS OF LIABILITY, SO SOME OF THE ABOVE MAY NOT APPLY TO YOU.

15. Indemnification

You agree to defend, indemnify, and hold harmless us and our affiliates and our and their respective officers, directors, employees, contractors, agents, and licensors from and against any and all claims, demands, actions, losses, liabilities, damages, costs, and expenses (including reasonable attorneys’ fees) arising out of or relating to: (a) your access to or use of the Interface or the Protocol; (b) your violation of these Terms; (c) your violation of any law or any right of any third party, including intellectual-property, privacy, or contractual rights; (d) any token or content you create, upload, or list; or (e) your digital-asset transactions. We reserve the right, at our own expense, to assume the exclusive defense and control of any matter otherwise subject to indemnification by you, and you agree to cooperate with our defense.

16. Suspension and termination

These Terms remain in effect while you use the Interface. We may, at our sole discretion and without liability, restrict, suspend, or terminate your access to the Interface (in whole or in part) at any time, with or without notice, including if we believe you have violated these Terms or applicable law or to protect the Interface or other users. Termination of your access to the Interface does not affect the Protocol, which remains permissionless and directly accessible. Sections that by their nature should survive termination will survive.

17. Dispute resolution; arbitration; class-action waiver

Please read this section carefully. It affects your legal rights.

Informal resolution. Before commencing any formal proceeding, you agree to first contact the team via Telegram (link available on our official channels) and attempt to resolve the dispute informally for at least sixty (60) days.

Binding individual arbitration. Except as otherwise required by applicable law, any dispute, claim, or controversy arising out of or relating to these Terms or the Interface that is not resolved informally will be resolved exclusively by final and binding individual arbitration, rather than in court, and administered under the rules of a recognized arbitral institution. The arbitration will be conducted by a single arbitrator, and judgment on the award may be entered in any court of competent jurisdiction. The governing law and arbitral seat are set out in Section 18.

Class-action and jury-trial waiver. YOU AND WE AGREE THAT EACH MAY BRING CLAIMS AGAINST THE OTHER ONLY IN YOUR OR ITS INDIVIDUAL CAPACITY, AND NOT AS A PLAINTIFF OR CLASS MEMBER IN ANY PURPORTED CLASS, COLLECTIVE, CONSOLIDATED, OR REPRESENTATIVE PROCEEDING. THE ARBITRATOR MAY NOT CONSOLIDATE MORE THAN ONE PERSON’S CLAIMS OR PRESIDE OVER ANY CLASS OR REPRESENTATIVE PROCEEDING. TO THE EXTENT ANY CLAIM PROCEEDS IN COURT, YOU AND WE EACH WAIVE ANY RIGHT TO A JURY TRIAL.

Time limitation. To the fullest extent permitted by law, any claim arising out of or relating to these Terms or the Interface must be commenced within one (1) year after the claim accrued; otherwise it is permanently barred.

18. Governing law

These Terms and any dispute arising out of them are governed by the laws of [GOVERNING LAW — TO BE SET BY OWNER’S COUNSEL], without regard to conflict-of-laws principles, and the seat of any arbitration under Section 17 is [ARBITRAL SEAT — TO BE SET BY OWNER’S COUNSEL], except where mandatory local law provides otherwise.

19. Changes to these Terms

We may modify these Terms at any time. If we make material changes, we will update the “Last updated” date above and may provide additional notice through the Interface. Changes are effective when posted. Your continued use of the Interface after changes take effect constitutes your acceptance of the revised Terms. If you do not agree, you must stop using the Interface.

20. General

These Terms, together with the Privacy Policy and Cookie Policy, are the entire agreement between you and us regarding the Interface and supersede all prior agreements on that subject. If any provision is held invalid or unenforceable, that provision will be enforced to the maximum extent permissible and the remaining provisions will remain in full force and effect. Our failure to enforce any provision is not a waiver of it. You may not assign or transfer these Terms without our prior written consent; we may assign them freely. There are no third-party beneficiaries. Headings are for convenience only.

21. Contact

Questions about these Terms may be directed to the team via Telegram (link available on our official channels).