Hedge Terms of Service

These Terms of Service (the Terms) form a binding legal agreement between you (the User, you) and the operator of Hedge (the “Hedge Operator”, the trading name of an individual; the Operator, Hedge, we, us). The Operator does not publicly identify a country of residence; Section 44 sets out the contact and dispute-resolution mechanisms that operate in place of a stated residence. By creating an account, connecting a wallet, depositing any cryptoasset, opting into a bonus, placing or attempting to place any bet, accessing the verifier, or otherwise using any part of the Hedge platform (the Platform), you confirm that you have read, understood, and agreed to be bound by these Terms.

These Terms incorporate by reference the following documents, each of which forms part of the agreement between you and the Operator: the Welcome Bonus Terms, the Strategy Tool Terms, the Privacy Policy when published, the rules and disclosures surfaced from individual game pages, the Wallet, the Responsible Play settings, the provably-fair verifier, and any operational notices posted on the Platform. To the extent of any conflict between these Terms and a more specific document, the more specific document controls within its subject matter, and these Terms govern in all other respects.

The Platform is provided as a self-custodial cryptoasset gaming service. The Operator does not act as a deposit-taking institution, money transmitter, broker, dealer, custodian of fiat currency, payment processor, investment adviser, or exchange. Nothing on the Platform is a security, a deposit, or a financial product, and nothing here should be construed as an offer to provide any of those services.

In these Terms, the following capitalized terms have the meanings given below. Other capitalized terms are defined where they first appear.

Account

An identity record created by the User on the Platform, consisting of credentials, settings, balances, and history.

Asset

A cryptoasset supported by the Platform for deposit, gameplay, or withdrawal, in each case identified by its symbol and network (for example, USDT on the TRC-20 network).

Bet

A wager placed by the User on a game offered by the Platform, denominated in the smallest unit of the underlying Asset and displayed in Chips.

Bet ID

A client-supplied identifier generated by the User's session before a Bet is submitted. The Platform uses the Bet ID as the idempotency key for placement and settlement.

Chip

A unit of display, not a currency or token. Chips represent the underlying Asset balance in a fixed published ratio (see Section 12).

House Account

The internal Operator account against which Bets are settled in the double-entry ledger.

Ledger

The append-only, double-entry record of all Asset movements on the Platform, including deposits, Bets, settlements, withdrawals, and reconciliation entries.

Provably-Fair Output

The deterministic outcome of a Bet derived from a server seed, a client seed, and a per-Bet nonce using HMAC-SHA256, as described in Section 15.

Real Values Toggle

The user-controlled toggle that flips every Chip display on the Platform to its underlying Asset and approximate fiat equivalent.

Restricted Territory

A jurisdiction in which use of the Platform is prohibited under Section 5, regardless of the User's nationality, residence, or transit status.

Self-Exclusion

A User-initiated state in which the Account is paused for a fixed term, during which the Platform produces no marketing, re-engagement, or in-product cues toward the Account.

Wagering Requirement (WR)

The cumulative stake the User must place before bonus funds become withdrawable, expressed as a multiple of the granted bonus amount.

By accessing the Platform, you represent and warrant, on a continuing basis on every visit, that:

• you are at least eighteen (18) years of age, or the age of legal majority and the age of legal gambling in your jurisdiction of residence and your jurisdiction of access, whichever is greater;
• you have full legal capacity to enter into a binding contract and are not acting under guardianship or conservatorship that limits that capacity;
• you are accessing the Platform in your own name, for your own use, with your own funds, and not on behalf of any other natural or legal person;
• you are not a Restricted Person under Section 24, are not on any sanctions, embargo, or export-control list, and are not owned or controlled by any such person;
• you are not located in, ordinarily resident in, or accessing the Platform from a Restricted Territory under Section 5;
• you are not an officer, employee, contractor, agent, or close relative of the Operator or any of its affiliates;
• you have not been previously excluded from the Platform by the Operator, are not subject to an active Self-Exclusion period, and have not requested permanent Self-Exclusion;
• your use of the Platform does not violate any law, regulation, license condition, employer policy, court order, or contract applicable to you; and
• the cryptoassets you deposit are lawfully owned by you and were acquired by lawful means.

The Operator may suspend, restrict, or close any Account at any time, with or without notice, where the Operator reasonably believes that any representation in this Section 3 is or has become untrue.

The Platform is accessible over the public Internet from many countries. Accessibility is not an offer to contract, an invitation to use, or a representation that use is lawful where you are. The legality of online gambling, of cryptoasset use, and of the combination of the two varies by country, state, province, and city, and changes over time.

You alone are responsible for determining whether your access to and use of the Platform is lawful in every jurisdiction in which you are located, ordinarily resident, or otherwise subject to legal authority. If your local law prohibits, restricts, or licenses online gambling in a manner that the Operator does not satisfy, do not use the Platform.

The Operator may, but is not required to, implement geo-blocking, wallet screening, or other measures to limit access from Restricted Territories. The presence or absence of those measures, and any failure of those measures, does not transfer responsibility for legality from you to the Operator and is not evidence that your use is lawful.

The Operator does not hold a gambling license in every country in which the Platform may be reachable. The Operator's licensing posture, where applicable, is described in Section 44.

Use of the Platform is prohibited from, and the Platform is not offered to, any of the following territories and persons (each a Restricted Territory or Restricted Person):

5.1 Sanctioned and embargoed jurisdictions

Any jurisdiction subject to comprehensive sanctions or embargoes administered by the United Nations Security Council, the United States Office of Foreign Assets Control, the European Union, the United Kingdom HM Treasury, or any other competent authority. This includes but is not limited to: Cuba, Iran, North Korea, Syria, the so-called Donetsk and Luhansk People's Republics, the Crimea region of Ukraine, the Kherson and Zaporizhzhia regions of Ukraine to the extent of any applicable sanctions, and any successor or analogous designation.

5.2 Specifically excluded countries

Without limiting Section 5.1, the Platform is not offered to Users located in or ordinarily resident in Romania. Private commercial online gambling targeting Romanian users is regulated under Romanian law and the Operator holds no Romanian licence. The Operator does not knowingly serve Romanian users.

Beyond Romania and the sanctioned and embargoed jurisdictions covered by Section 5.1, the Platform does not maintain a country-by-country exclusion list. The User is on notice that this means the Platform may be reachable from countries in which local gambling, payment-services, consumer-protection, or tax-information law makes the User's access, or the Operator's offer, unlawful, including but not limited to the United States of America, the United Kingdom, the member states of the European Union and the European Economic Area, Australia, the Special Administrative Regions and the mainland of the People's Republic of China, Singapore, the Russian Federation, Belarus, Turkey, and the constituent and special-status territories of the Kingdom of the Netherlands. Section 4 places the burden on the User to determine the legality of access from the User's own jurisdiction; nothing in this Section 5.2 relieves, expands, or modifies that burden, and the absence of a country from this Section 5.2 is not a representation by the Operator that access from that country is lawful, licensed, or otherwise permitted.

5.3 Restricted persons

The Platform is not offered to: any person on a sanctions, asset freeze, terrorism, proliferation, or export-control list of the United Nations, the European Union, the United Kingdom, the United States, or any other competent authority; any person owned or controlled by such a person; any person acting on behalf of such a person; any politically exposed person to the extent the Operator declines such relationships under its risk policies; and any person under the age of majority in their jurisdiction or under the age required to gamble lawfully there, in either case raised to a minimum of eighteen (18) years.

5.4 Circumvention

Use of a virtual private network, proxy server, Tor exit node, anonymizing service, modified device locale, falsified identification, or any other technical, contractual, or social method to access the Platform from a Restricted Territory or as a Restricted Person is a material breach of these Terms. The Operator may, at its sole discretion, void any Bet placed in such circumstances, freeze any balance pending investigation, and forward funds to the originating wallet or to a competent authority where required by law. Bonuses, rakeback, leaderboard standing, and any other promotional credit derived from such use are forfeit.

5.5 List subject to change

The Operator may add to, remove from, or otherwise update the list of Restricted Territories at any time, including in response to changes in law, sanctions designations, licensing posture, or risk assessment. Continued use of the Platform after any such change constitutes acceptance of the updated list.

To use most features of the Platform, the User must create an Account using a valid email address controlled by the User and a password meeting the Platform's minimum complexity rules. The User is solely responsible for maintaining the confidentiality of credentials and for all activity that occurs under the Account, whether authorized or not.

The User shall: (i) provide accurate, current, and complete information, including a real email address that the User controls; (ii) keep that information accurate, current, and complete; (iii) enable two-factor authentication where offered; (iv) promptly notify the Operator at the address in Section 44 of any actual or suspected unauthorized access to the Account or compromise of credentials; and (v) sign out of the Account at the end of each session on shared devices.

One person may operate one Account. Operating, controlling, or benefiting from more than one Account, whether directly, through a household member, through a nominee, or through any other arrangement, is a material breach of these Terms unless expressly authorized by the Operator in writing. The Operator may at its sole discretion treat linked Accounts as a single Account for limit, bonus, and closure purposes, and may close duplicate Accounts and forfeit balances obtained through multi-Accounting in excess of the User's net deposits.

The Operator may, but is not obliged to, verify the User's identity, location, source of funds, source of wealth, or other facts at any time, including by requesting government-issued identification, proof of address, proof of source of funds, wallet ownership signatures, video verification, or any other evidence the Operator reasonably requires.

The Platform does not operate a routine identity-verification program. The Operator does not, in the ordinary course of business, request government-issued identification, proof of address, source-of-funds documentation, or similar Know Your Customer documentation as a condition of opening an Account, depositing, playing, or withdrawing.

The Operator may, however, conduct identity, source-of-funds, source-of-wealth, sanctions, or politically-exposed-person checks where required to comply with applicable law, with a lawful order of a competent authority, or with the Operator's risk policies in connection with a specific suspected breach of these Terms (including but not limited to multi-Accounting, fraud, theft, money laundering, terrorism financing, or sanctions evasion). Such checks are exceptional and case-specific, not routine.

Where the Operator does conduct such a check, the Operator may pause withdrawals, pause gameplay, freeze the Account, or take other proportionate action pending completion. The Operator may decline to continue providing service to any User who, in the Operator's reasonable judgment, presents an unacceptable compliance risk, in each case without owing any explanation beyond what is required by applicable law.

The User shall cooperate fully and promptly with any such check and shall not provide false, forged, altered, or misleading documents or information. Provision of any such material is a material breach of these Terms and may be reported to law-enforcement or regulatory authorities.

The Platform is self-custodial in design. The User connects or owns the wallet from which deposits originate and to which withdrawals are sent. The Operator does not, and does not intend to, hold the User's seed phrase, private keys, hardware device, or signing authority outside of the Operator's own custodial accounts that hold pooled balances pending Bet settlement.

The User is solely responsible for: the security of the User's seed phrase, private keys, hardware wallets, software wallets, backups, and recovery method; the integrity of the User's device, operating system, browser, and browser extensions; and the correctness of every address, network, memo, and amount field used in deposits and withdrawals. Cryptoasset transactions are, once confirmed, irreversible. The Operator cannot recover funds sent to a wrong address, sent over a wrong network, sent with a missing or wrong destination tag or memo, lost to a compromised wallet, or otherwise misdirected by the User.

The User acknowledges that smart-contract bugs, wallet bugs, browser-extension bugs, RPC-provider misbehavior, blockchain reorganizations, network forks, and similar events are inherent risks of cryptoasset use. Section 31 (Risk disclosures) and Section 34 (Limitation of liability) apply with full force to any loss arising from such events.

Deposits are accepted only in the Assets, on the networks, and to the addresses listed on the Platform's Wallet at the time of deposit. The Operator is under no obligation to recover funds sent in any other Asset, on any other network, or to any other address, and any such recovery, if attempted, is performed at the Operator's sole discretion and at the User's expense.

A deposit is credited to the Account when the underlying transaction is observed at the number of confirmations the Operator considers final for the relevant network. Pending deposits may be displayed but are not spendable. Deposits that arise from transactions later affected by a reorganization, double-spend, or revoked finality may be debited from the Account, and the Operator may post compensating Ledger entries in such cases.

Minimum and maximum deposit amounts may be set per Asset and per network and may change at the Operator's discretion. The Operator may, in its sole discretion, refuse, return, or escrow any deposit pending compliance review.

Withdrawals are initiated by the User from the Wallet. The User is solely responsible for selecting the destination Asset, network, address, memo or destination tag, and amount. Withdrawals to a wrong address or network are irreversible and non-recoverable.

Withdrawals may be subject to: (i) compliance review under Section 7; (ii) outstanding Wagering Requirements under any bonus the User has accepted; (iii) per-network minimums and fees; (iv) per-Account daily, weekly, or transaction-level caps; and (v) operational delay during incident response, scheduled maintenance, or hot-wallet rebalancing. Withdrawals normally settle within the Operator's posted target window but no specific timing is guaranteed.

The Operator may, in its sole discretion, withhold, delay, reverse, or split a withdrawal where the Operator reasonably suspects fraud, abuse, money laundering, terrorism financing, sanctions breach, theft, or any other violation of these Terms or of law. Where required by law, the Operator may report the transaction and freeze the relevant balance, including for extended periods.

Withdrawals remain available to Users with active Self-Exclusion in respect of any positive balance held at the time of exclusion, subject to the same compliance review as any other withdrawal.

Each Asset has its own network with its own fees, finality characteristics, congestion behavior, and operational risks. Network fees are set by the network, not by the Operator, and may spike sharply during periods of demand. The Operator may deduct network fees from withdrawals, may set internal fee caps below which withdrawals are batched, and may temporarily disable deposits or withdrawals on a given network during outages, forks, or other instability.

The Operator is not responsible for delays, double-spends, reorganizations, dropped transactions, mempool dynamics, RPC outages, fork events, or any other on-chain phenomenon. The User accepts these as inherent risks of cryptoasset use.

The Platform displays gameplay values in a unit called the Chip. The Chip is a unit of display only. It is not a currency, not a security, not a stablecoin, not an e-money instrument, not a token, and not a separate redeemable asset. The Chip exists solely as a presentation of an underlying Asset balance held in the User's Account.

Each Chip represents a fixed quantity of the underlying Asset, published at /chips/rate and visible from the Wallet. The default ratio is one hundred (100) Chips per one (1) USDT, equivalent to one (1) Chip per one (0.01) USDT. The Operator may change the published ratio with notice; existing Account balances are unaffected, and the new ratio applies prospectively to display only.

All Bets, balances, deposits, withdrawals, and Ledger entries are recorded in the smallest unit of the underlying Asset. Chip values shown in the Platform are derived from those Asset values for presentation purposes. In the event of any discrepancy between a Chip display and the underlying Ledger, the Ledger controls.

The Chip exists to make stake decisions feel less heavy than naming the underlying currency would, and to allow consistent presentation across Assets of very different unit prices. The Operator acknowledges that this presentation choice carries the risk of obscuring real value. Sections 13 and 20 set out the counterweights that the Operator commits to maintain so that Chip use does not become a deceptive practice.

The User may at any time toggle the Real Values Toggle, which switches every Chip display on the Platform, including balances, stake inputs, history, results, leaderboard rows, and chat displays where present, to show the underlying Asset value and an approximate fiat reference. The toggle persists across sessions and devices once the User is signed in.

All Account-level limits, including deposit limits, loss limits, wager limits, time-out durations, and Self-Exclusion durations, are set by the User and enforced by the Platform in real currency, not in Chips. Bonus credit, where granted, does not increase any of these limits.

Wallet operations (deposit and withdrawal) are presented in the underlying Asset and not in Chips. The User can therefore set, review, and operate against the underlying real value at every point in the funnel. The Operator commits to maintain the Real Values Toggle and the real-currency limits as enforced counterweights and not to A/B test, hide, or degrade them.

Outcomes of every game offered on the Platform are produced by a cryptographic random-number generator using HMAC-SHA256, as described in Section 15. Outcomes are independent across Bets, and historical outcomes do not predict future outcomes.

Each game is designed with a built-in mathematical advantage to the Operator, sometimes called the house edge. The existence of this advantage means that the expected value of every Bet is negative for the User over time. The Operator does not represent or warrant any return, any frequency of wins, any absence of losing streaks, any absence of winning streaks, or any particular distribution of outcomes within any window.

The User acknowledges and accepts that, over a sufficiently long period of play, the User should expect cumulative net losses, and that observed short-term wins do not change this expectation. Past performance, including any displayed "recent multipliers" or hot/cold panels, is informational only and does not predict future outcomes.

The Platform offers a provably-fair architecture so that the User can verify, after the fact, that an outcome was deterministic from a set of inputs and was not selected by the Operator after the User's choices were made. The architecture is as follows.

• Before play, the Operator publishes a hash commitment of a server seed, computed using SHA-256.
• The User is assigned, or chooses, a client seed, and may rotate the client seed at any time from the Provably-Fair settings.
• Each Bet is associated with a monotonically increasing nonce.
• The outcome of the Bet is derived using HMAC-SHA256 with the server seed as the key and a string composed of the client seed and the nonce as the message, then mapped to the game's outcome space.
• On rotation of the server seed, the prior server seed is revealed. The User can then verify, using the open-source verifier published by the Operator at the Hedge verifier endpoint, that every outcome under the revealed server seed matches the values produced by the verifier from the same inputs.

The provably-fair architecture verifies the derivation of the outcome from the seeds and nonce. It does not change, reduce, or eliminate the house advantage described in Section 14, and it does not guarantee any particular return. Verification is offered as an integrity property of the system, not as a promise of outcome.

Each Bet is identified by a Bet ID generated by the User's session before submission. The Platform uses the Bet ID as the idempotency key, so that placement and settlement are atomic and resistant to network retries: the same Bet ID will never settle twice. The Operator's Ledger is append-only at the database layer; the trigger that enforces this is essential to the integrity of the Platform and is not configurable by the User.

Settlement is final once the Ledger entries are posted. In rare cases of disputed settlement, technical incident, or regulatory order, the Operator may post a compensating Ledger entry of type reconciliation_adjustment rather than rewriting history. Such entries are recorded with the reason and timestamp and remain visible to the User.

Bet history, including stakes, outcomes, seeds in respect of revealed seeds, and Ledger entries pertaining to the User, is available to the User from the Wallet history and from game-specific history surfaces. The User may export this history as supported by the Platform.

Bonuses, promotions, free Bets, deposit matches, rakeback, tournament prizes, and similar credits (each a Promotion) are offered at the Operator's sole discretion, on the terms published for the relevant Promotion, including the Welcome Bonus Terms and any successor or supplemental document. The User must opt in to a Promotion before claiming it; opt-in is off by default.

Promotions are subject to Wagering Requirements and other conditions stated in their specific terms. Bonus credit is locked from withdrawal until the applicable Wagering Requirement is met. Stakes placed in Assets other than the Promotion's denominating Asset, or in games excluded from the Promotion, do not contribute to the Wagering Requirement. The User may forfeit a Promotion at any time, in which case unspent bonus credit is removed and the User's real-funds balance is unaffected.

The Operator may, in its sole discretion, modify, suspend, or terminate any Promotion at any time. The Operator may void any Bet, forfeit any bonus credit, claw back any winnings derived from bonus abuse, and close any Account where the Operator reasonably suspects: multi-Accounting; collusion; bonus farming; low-edge wagering patterns intended to extract bonus credit without bona fide play; arbitrage between Promotions; chargebacks or fraudulent payment methods; or any other abuse of the Promotion. Decisions about bonus abuse are made in good faith by the Operator and are final, subject to the dispute process in Section 37.

The Platform offers optional strategy tools, including but not limited to auto-bet, presets, recent-multiplier panels, hot/cold indicators, auto-flip on Mines, and a session-reflection panel, governed by the Strategy Tool Terms. Those terms set out per-run caps, mandatory stop-loss and stop-win, the persistence of session reminders during auto-bet, and the Operator's right to tighten but not weaken those guards.

Strategy tools and panels are aids and display utilities. They are not advice and not predictions. No preset is endorsed or recommended by the Operator. The User selects, configures, and runs strategy tools at the User's own risk, and remains responsible for every Bet placed by an automated run as if the User had placed each Bet manually.

The Platform offers a loyalty system that may include experience points, missions, level chests, VIP tiers, rakeback on settled Bets, tournaments, and a leaderboard. Eligibility, accrual, vesting, expiration, and payout of any such benefit are governed by the rules surfaced for the relevant program and may change at the Operator's discretion.

Rakeback, where offered, accrues in respect of qualifying Bets and is credited on the schedule the Operator publishes. The Operator will not retroactively claw back vested rakeback in respect of bona fide play. Rakeback derived from prohibited conduct or bonus abuse may be voided.

The leaderboard, where offered, displays pseudonymous handles and aggregated results. The User can opt out of leaderboard display from settings; opt-out removes the User's row from public surfaces but does not erase Ledger history. Tournament participation, where offered, is governed by the specific rules of the tournament and is incremental to and not in lieu of these Terms.

The User may set, from the Responsible Play settings, deposit limits, loss limits, wager limits, and session time limits, in each case denominated in real currency and not in Chips. Reductions of any such limit take effect immediately. Increases of any such limit take effect only after a cooling-off period of at least twenty-four (24) hours, during which the User may cancel the increase.

The Platform enforces these limits server-side. In the event of an enforcement bug that allows a Bet, deposit, or session to exceed a configured limit, the Operator's response is to tighten and not to widen: the User may request that any such Bet be voided, with stake returned and any winnings forfeit, or may accept the result, at the User's option exercised within a reasonable window after discovery.

The User accepts that responsible-play limits are a self-protective tool, that they are not a substitute for the User's own judgment, and that the User remains solely responsible for the financial consequences of the User's play. Information and links to free, confidential gambling support services are surfaced on the Self-Exclusion screen.

The Platform displays a mandatory session check-in modal after each thirty (30) minutes of cumulative active session time. The modal cannot be disabled, cannot be dismissed without an active response from the User, and presents three equal-weight options to continue, take a break, or stop. No option is pre-selected and no option is visually emphasized over the others.

The session reminder is a counterweight on the Chip display layer, not a feature subject to A/B testing. The Operator commits not to disable, hide, shorten the interval beyond the posted minimum, or pre-select an option in this modal.

The User may, from the Responsible Play settings, request Self-Exclusion for one of the periods listed there, including twenty-four (24) hours, seven (7) days, thirty (30) days, ninety (90) days, one (1) year, or permanent. Self-Exclusion takes effect immediately on confirmation and applies to every channel through which the Operator communicates with the User.

While Self-Exclusion is active, the Operator commits to send zero marketing emails, zero re-engagement emails, zero push notifications, zero in-product cues, zero banners, and zero toasts to the Account. The Self-Excluded screen is the only on-Platform surface presented to the User during the exclusion, together with the Wallet for the purpose of withdrawal. This silence is by design and is non-negotiable; the User may not opt back into communications during an active exclusion.

Permanent Self-Exclusion is irreversible. The Account is permanently closed to gameplay, with withdrawals available in respect of any positive balance subject to the compliance review process in Section 7. The Operator will not knowingly allow a permanently Self-Excluded individual to open a new Account.

Self-Exclusion is binding regardless of the User's stated preferences after the fact. The User shall not attempt to circumvent Self-Exclusion by creating a new Account, by using another person's Account, or by any other means. The Operator may, in respect of any conduct that the Operator reasonably considers to be such circumvention, void Bets, freeze balances, and close Accounts.

The User shall not, directly or indirectly:

• maintain, control, or benefit from more than one Account without the Operator's express written consent;
• use, deploy, or interact with the Platform via any bot, script, scraper, headless browser, or automated agent beyond the rate limits and surfaces expressly exposed by the Operator;
• collude with one or more other Users in any social or competitive feature, including coordinated leaderboard or tournament play;
• engage in money laundering, terrorism financing, sanctions evasion, fraud, theft, or any other unlawful activity;
• deposit funds derived from any unlawful source, from a third-party wallet that the User does not own or control, or from a payment method obtained through fraud or theft;
• reverse engineer, decompile, or disassemble any non-public part of the Platform, or attempt to derive any non-public endpoint, key, or seed;
• probe, scan, test, or exploit the security of the Platform, other than through the Operator's responsible-disclosure channel where one is published;
• exploit any bug, glitch, error, or unintended behavior, including by placing Bets that the User knows or reasonably should know are not the Operator's intended product;
• circumvent geo-blocking, age verification, identity verification, or any other access control;
• impersonate any person or entity, falsify any signature, or misrepresent the User's identity, age, residence, or nationality;
• harass, threaten, defame, or post unlawful content in any chat or social surface offered by the Platform;
• use the Platform in a manner that violates the intellectual property, privacy, or other rights of any third party; or
• engage in any conduct that the Operator reasonably considers to be abusive, fraudulent, or contrary to the spirit of these Terms.

Breach of this Section 23 is a material breach of these Terms and may, in the Operator's sole discretion, result in the voiding of Bets, forfeiture of bonus credit, claw-back of withdrawn amounts derived from prohibited conduct, freezing of balances, closure of Accounts, and reporting to law-enforcement or regulatory authorities.

The Platform does not operate routine transaction-screening or wallet-screening at present. The Operator may, however, refuse to onboard, refuse individual deposits or withdrawals, freeze balances, return funds to the originating wallet, escheat funds where required by law, and report transactions to competent authorities, in each case where required by applicable law, ordered by a competent authority, or in response to a specific suspected breach (Section 7). Operational sanctions screening may be added with no prior notice to the User; nothing in this section is a representation that any particular wallet or transaction has not already been screened.

Where the Operator is required by law or by its risk policies to obtain source-of-funds or source-of-wealth information before completing a transaction, the User shall provide accurate, current, and complete information promptly on request, together with supporting documentation. Failure to do so may result in the indefinite freezing of the relevant balance pending compliance.

The User is a Restricted Person if the User: appears on a sanctions, asset-freeze, terrorism, proliferation, or export-control list; is owned or controlled by such a person; is acting on behalf of such a person; or is otherwise prohibited from receiving services from the Operator under applicable law. Restricted Persons may not use the Platform.

The Operator may suspend, restrict, or close any Account at any time, with or without notice, including for: breach of these Terms; suspected fraud, abuse, or unlawful conduct; compliance review; technical incident response; risk-management reasons; or on the order of a competent authority. Suspension does not terminate accrued obligations under these Terms, including outstanding compliance reviews.

The User may close the Account at any time by following the closure flow in settings or by contacting the Operator at the address in Section 44. Closure does not refund stakes already placed. The User shall withdraw any positive balance before closure; the Operator may, after a reasonable notice period, initiate a withdrawal to the User's last known wallet address of record on a closed Account.

An Account is dormant if it has had no User-initiated sign-in, deposit, withdrawal, or Bet for twelve (12) consecutive months. The Operator may, after written notice to the User's email of record, archive a dormant Account, which disables sign-in and gameplay while preserving Ledger history and balance. Reactivation requires the User to complete the Operator's then-current verification process. Where applicable law requires escheatment of dormant balances, the Operator shall comply.

The User is solely responsible for determining whether any deposit, Bet, win, withdrawal, bonus, rakeback, or any other event on the Platform gives rise to a tax obligation in the User's jurisdiction, for calculating the amount of any such obligation, and for filing and paying it. The Operator does not provide tax advice and is not liable for any tax consequence arising from the User's use of the Platform.

The Operator may, where required by law, withhold amounts from withdrawals, report transactions to tax authorities, or require the User to provide tax-residency or tax-identification information before processing transactions. The User shall provide accurate, current, and complete information for these purposes.

The Operator processes personal data necessary to operate the Platform, comply with applicable law, prevent fraud and abuse, and provide support. Categories of data, lawful bases of processing, retention, sub-processors, international transfers, and data-subject rights are described in the Privacy Policy when published, which forms part of these Terms.

The User shall not collect, scrape, or otherwise process personal data of other Users from the Platform, including handles, leaderboard rows, or chat content, except for the User's own personal use of the Platform. The User shall not use any such data for marketing, profiling, or any unlawful purpose.

All content, code, design, art, copy, logos, marks, audio, game mechanics, and trade dress on the Platform, other than content the User submits, are owned by the Operator or its licensors and are protected by copyright, trademark, trade secret, and other intellectual-property laws. The Operator grants the User a limited, personal, non-exclusive, non-transferable, revocable license to access and use the Platform for personal, non-commercial gameplay and Account management strictly in accordance with these Terms.

Except as expressly permitted by the Operator in writing, the User shall not: copy, distribute, publicly display, modify, translate, create derivative works of, sell, rent, sublicense, or otherwise exploit any part of the Platform; remove or alter any copyright, trademark, or other proprietary notice; or use the Operator's marks in any commercial way. The provably-fair verifier source code, where published, is licensed under the terms posted with that source code and is not subject to this Section's restrictions to that extent.

The User retains ownership of content the User submits to the Platform, including chat messages and support correspondence, and grants the Operator a worldwide, royalty-free, non-exclusive license to host, transmit, display, and otherwise process that content as necessary to operate the Platform and comply with applicable law.

The Platform relies on third-party services, including but not limited to RPC providers, blockchain explorers, email providers, push-notification providers, cloud and edge hosts, CDN providers, identity-verification providers, sanctions screening providers, and analytics providers. The Operator does not control these services and is not responsible for their availability, behavior, or terms.

Links from the Platform to external sites are provided for convenience. The Operator is not responsible for the content or practices of any external site. Use of any external site is subject to its own terms.

The User consents to receive electronic communications from the Operator, including transactional emails, security alerts, compliance requests, and (where the User has opted in) product updates, in each case at the email address associated with the Account. The User shall keep the email address current and shall ensure that the Operator's mail is not blocked.

Self-Exclusion overrides any opt-in to non-essential communications. Section 22 applies.

Notices to the Operator under these Terms shall be sent to the address in Section 44. Notices to the User shall be sent to the email of record or surfaced in the Platform.

The User acknowledges and accepts the following risks:

• Gambling risk. Gambling carries a real risk of total loss. Each game has a built-in mathematical advantage to the Operator and the User should expect cumulative net losses over time.
• Cryptoasset volatility. The market value of cryptoassets is highly volatile and can change materially between deposit and withdrawal. The Operator does not underwrite or hedge this volatility on the User's behalf.
• On-chain risk. Blockchain reorganizations, forks, congestion, fee spikes, dropped transactions, and dependent-service outages may delay or affect deposits and withdrawals.
• Self-custody risk. Loss of seeds, keys, or hardware results in permanent loss of funds outside the Platform. The Operator cannot recover such losses.
• Wallet and device risk. Compromise of the User's wallet, device, browser, browser extension, email account, or phone may allow a third party to operate the Account.
• Software risk. Despite testing, the Platform may contain bugs, defects, or unintended behavior. The Operator's response is governed by Sections 16, 20, and 33.
• Regulatory risk. Laws, sanctions, and licensing posture may change with little or no notice and may affect availability or features.
• Addiction risk. Gambling can be addictive. Use of the Platform's responsible-play and Self-Exclusion tools, and consultation of the support links surfaced on the Self-Excluded screen, are encouraged.

Nothing on the Platform, including game results, recent multipliers, hot/cold panels, presets, leaderboard rows, or chat content, is financial, investment, legal, or tax advice. The Operator is not a fiduciary to the User. The User shall seek independent professional advice as the User considers necessary.

To the fullest extent permitted by applicable law, the Platform is provided "AS IS" and "AS AVAILABLE", with all faults and without warranty of any kind, whether express, implied, statutory, or otherwise. The Operator specifically disclaims all warranties of merchantability, fitness for a particular purpose, title, non-infringement, quiet enjoyment, accuracy of data, system integration, and uninterrupted, error-free, secure, or fault-tolerant operation.

The Operator does not warrant that any defect will be corrected, that any feature will continue to be offered, that any specific game or Asset will remain available, or that any historical performance will be repeated. The provably-fair architecture warrants only that outcomes derive deterministically from the published seeds and nonce, as described in Section 15, and warrants nothing else.

Some jurisdictions do not allow the exclusion of certain warranties. To the extent the law of such a jurisdiction applies to the User, the disclaimer in this Section is limited to the extent permitted by that law and the remainder continues in force.

To the fullest extent permitted by applicable law, in no event shall the Operator, its affiliates, or any of their respective officers, directors, employees, contractors, agents, suppliers, or licensors be liable for any indirect, incidental, special, consequential, exemplary, or punitive damages, or for any loss of profits, loss of revenue, loss of expected winnings, loss of bonuses, loss of opportunity, loss of business, loss of goodwill, loss of data, or loss of use, in each case arising out of or in connection with the Platform, these Terms, or any User conduct, whether based in contract, tort (including negligence), strict liability, statute, or any other legal theory, and whether or not the Operator was advised of the possibility of such damages.

To the fullest extent permitted by applicable law, the aggregate liability of the Operator and the persons listed above to the User, in respect of all claims arising out of or in connection with the Platform or these Terms, shall not exceed the lesser of: (a) the User's net deposits to the Platform, expressed in fiat currency at the relevant exchange rate, in the twelve (12) months preceding the event giving rise to the claim; and (b) one thousand United States dollars (US $1,000). This cap applies in aggregate across all claims and all theories of liability.

Some jurisdictions do not allow the exclusion or limitation of certain damages. To the extent the law of such a jurisdiction applies to the User and prohibits a particular exclusion or limitation, that exclusion or limitation is restricted to the extent permitted by that law and the remainder continues in force. In such jurisdictions, the Operator's liability is limited to the greatest extent permitted by law.

Nothing in these Terms excludes or limits liability that cannot lawfully be excluded or limited, including liability for fraud or fraudulent misrepresentation by the Operator.

The User shall indemnify, defend, and hold harmless the Operator, its affiliates, and their respective officers, directors, employees, contractors, agents, suppliers, and licensors from and against any and all claims, demands, actions, proceedings, losses, damages, liabilities, fines, penalties, settlements, costs, and expenses, including reasonable legal fees, arising out of or in connection with: (a) the User's breach of these Terms; (b) the User's violation of any law, regulation, or third-party right; (c) the User's use of the Platform from a Restricted Territory or while a Restricted Person; (d) the User's misuse of self-custody, including loss of seeds, keys, or hardware; (e) the User's participation in any prohibited conduct under Section 23; and (f) any tax obligation arising from the User's activity on the Platform.

The Operator may, at its election, take exclusive control of the defense and settlement of any matter subject to indemnification, in which case the User shall cooperate at the User's expense. The User shall not settle any such matter in a manner that imposes any obligation on the Operator without the Operator's prior written consent.

The Operator is not liable for any failure or delay in performance under these Terms caused by circumstances beyond its reasonable control, including: act of God; war, armed conflict, terrorism, civil unrest, riot, or insurrection; government, regulatory, or court action; sanctions and embargoes; pandemic, epidemic, or public-health emergency; strike, lockout, or other labor action; failure or interruption of power, telecommunications, Internet, RPC providers, or cloud or hosting infrastructure; blockchain reorganizations, forks, congestion, or attacks; cyber-attack, denial-of-service attack, or unauthorized access despite reasonable security; and any other event of force majeure. During any such event, the Operator may suspend or restrict any aspect of the Platform without liability.

37.1 Informal resolution

Before initiating any formal proceeding, the User shall send a written notice of dispute to the Operator at the address in Section 44, describing the dispute, the relief sought, and the User's contact information. The Operator and the User shall then attempt in good faith to resolve the dispute by negotiation for a period of at least sixty (60) days from receipt of the notice. The User may not initiate any formal proceeding before the end of that period.

37.2 Binding arbitration

Any dispute, controversy, or claim arising out of or in connection with these Terms or the Platform, including any question regarding the existence, validity, breach, or termination of these Terms, that is not resolved under Section 37.1 shall be referred to and finally resolved by binding arbitration. The arbitration shall be administered under the Rules of Arbitration of the International Chamber of Commerce (the ICC Rules) in force at the time the arbitration is commenced. The number of arbitrators shall be one. The seat of arbitration shall be Paris, France. The language of the arbitration shall be English.

37.3 Award and enforcement

The arbitral award shall be final and binding on the parties and may be enforced in any court of competent jurisdiction. Each party shall bear its own costs and an equal share of the arbitrator's fees, save that the arbitrator may award costs to a prevailing party where authorized under the applicable rules.

37.4 Equitable relief

Notwithstanding Sections 37.2 and 37.3, either party may apply to a court of competent jurisdiction for interim or conservatory equitable relief, including injunctive relief, in aid of arbitration or to protect intellectual-property rights, without breaching the agreement to arbitrate.

37.5 Limitation period

Any claim arising out of or in connection with these Terms or the Platform must be commenced within one (1) year from the date the claim accrues. A claim not commenced within that period is permanently barred, except where applicable law requires a longer period that cannot be shortened by contract.

The User and the Operator each waive the right to a trial by jury, and the right to participate in a class action, mass action, collective action, consolidated action, or representative action, in any forum. Disputes shall be resolved on an individual basis only. The arbitrator may not consolidate the claims of multiple Users and may not preside over any form of class or representative proceeding.

If a court of competent jurisdiction holds the waiver in this Section 38 to be unenforceable in respect of a particular claim, that claim shall be severed from the arbitration and litigated in the courts identified in Section 39, and the remainder of the dispute shall continue under Section 37.

These Terms and any dispute arising out of or in connection with them or with the Platform are governed by the laws of Curacao, excluding its rules on conflict of laws. The United Nations Convention on Contracts for the International Sale of Goods does not apply. The Operator selects Curacao law as a neutral offshore default for cryptoasset-gaming contracts and not as a representation that the Operator is licensed in, or otherwise regulated by, Curacao.

Subject to Section 37 (Arbitration), the courts of Curacao have exclusive jurisdiction to settle any dispute that, despite Section 37, is brought before a court, including any action for equitable relief under Section 37.4 or any claim severed under Section 38.

Where applicable consumer-protection law of the User's jurisdiction grants the User rights that cannot be waived by contract, this Section is read subject to those rights, and the choice of law and forum in this Section is limited to the extent necessary to give effect to them.

The Operator may modify these Terms at any time. Material changes will be notified to the User by email to the address of record, by an in-Platform banner, or by both, at least seven (7) days before the change takes effect, except where a shorter period is necessary for legal, regulatory, or security reasons. Non-material changes take effect on posting.

Continued use of the Platform after the effective date of a change constitutes acceptance of the changed Terms. If the User does not accept a change, the User shall stop using the Platform and may withdraw any positive balance, subject to the compliance review process in Section 7.

These Terms are drafted in the English language. The Operator may make translations available for convenience. In the event of any inconsistency between the English version and any translation, the English version controls.

42.1 Severability

If any provision of these Terms is held by a court or arbitrator of competent jurisdiction to be invalid, illegal, or unenforceable, that provision shall be modified to the minimum extent necessary to make it valid, legal, and enforceable, or, if such modification is not possible, severed, and the remaining provisions shall continue in full force.

42.2 No waiver

No failure or delay by the Operator in exercising any right or remedy under these Terms operates as a waiver of that right or remedy. A single or partial exercise of any right or remedy does not preclude any other or further exercise of that right or remedy.

42.3 Assignment

The User may not assign, transfer, or delegate any of the User's rights or obligations under these Terms, by operation of law or otherwise, without the Operator's prior written consent. Any purported assignment in breach of this Section is void. The Operator may assign these Terms in whole or in part, including in connection with a merger, acquisition, corporate reorganization, or sale of assets, on notice to the User.

42.4 Relationship

Nothing in these Terms creates any partnership, joint venture, employment, agency, or fiduciary relationship between the User and the Operator.

42.5 Third-party beneficiaries

Save for the affiliates and personnel referenced in Sections 34 and 35, no third party has any right under these Terms.

42.6 Entire agreement

These Terms, together with the documents incorporated by reference under Section 1, constitute the entire agreement between the User and the Operator in respect of the Platform and supersede all prior or contemporaneous agreements, communications, and understandings, whether written or oral, on that subject matter.

42.7 Headings

Headings in these Terms are for convenience only and do not affect interpretation.

Provisions of these Terms that by their nature should survive termination, including without limitation Sections 7 (Compliance), 8 (Self-custody), 16 (Settlement and history), 22 (Self-Exclusion), 23 (Prohibited conduct), 24 (AML), 25 (Closure and dormancy), 26 (Taxes), 27 (Privacy), 28 (Intellectual property), 31 (Risk disclosures), 33 (Disclaimer), 34 (Limitation of liability), 35 (Indemnification), 37 (Disputes), 38 (Class waiver), 39 (Governing law), 41 (Language), and this Section 43, shall survive termination of these Terms or closure of the Account.

The Platform is operated under the trading name “Hedge Operator” by an individual (the Operator). The Operator does not publicly identify a country of residence and does not publicly identify the specific physical location of the hosting infrastructure beyond what Section 5.2 requires for the geo-block target. The Operator does not hold a gambling license in any jurisdiction and does not operate under any licensing authority. Section 4 (Global access and jurisdictional responsibility) sets out the User's obligation to determine the legality of access from the User's own jurisdiction; Section 5 sets out the territories in which the Platform is not offered.

Notices to the Operator under these Terms shall be sent to [OPERATOR LEGAL EMAIL]. Compliance and source-of-funds correspondence shall be sent to [OPERATOR COMPLIANCE EMAIL]. Support correspondence shall be sent to [OPERATOR SUPPORT EMAIL] or via the in-app chat. Self-Exclusion takes effect through the Responsible Play settings and is operative regardless of whether any communication has been sent to the addresses above.

The bracketed email addresses above are filled in on production deployment once the Operator's domain and inboxes are configured. The remainder of these Terms is in force from the effective date stated at the top.