Topox Security & Risk Disclaimer

1. Overview

Topox provides a non-custodial DEX interface for accessing decentralised perpetual trading through integrated infrastructure partners and supported on-chain infrastructure. The interface is designed to give users a professional, wallet-based trading experience while maintaining user control and self-custody principles.

Topox may rely on website systems, integrated decentralised trading infrastructure, blockchain networks, smart contracts, wallet connection flows, authentication tools, analytics tools, data services, market data systems, monitoring tools and other technical components required to provide the interface experience. These infrastructure partners and technical layers may include their own security controls, audits, monitoring systems, operational procedures and compliance practices.

Any such protections apply to the relevant connected infrastructure layers. They do not eliminate all risks and should not be understood as a guarantee that Topox, the interface, any wallet, any transaction, any position, or any connected system is free from error, interruption, exploit, loss, liquidation, downtime or security incident.

2. Non-Custodial Trading Model

Topox is designed around a wallet-based, non-custodial DEX experience. Users remain responsible for their wallets, approvals, signatures, connected accounts, trading decisions and transaction confirmations.

Topox does not ask users for seed phrases or private keys. Users should never share private keys, recovery phrases, wallet passwords or authentication credentials with anyone.

• Users are responsible for securing their own wallets, devices, browsers, email accounts and authentication methods.
• Transactions, approvals and signatures should be reviewed carefully before confirmation.
• Blockchain transactions are generally irreversible once submitted and confirmed.
• If a wallet, device or email account is compromised, unauthorised activity may occur and may not be recoverable.

3. Wallet, Email Login and Embedded Access

Topox may allow users to access the interface through Web3 wallets, email-based login, social login, embedded wallet infrastructure, or similar authentication methods. These options are designed to make decentralised trading more accessible, but each method carries its own security responsibilities.

When using a self-custody wallet, the user is responsible for wallet security, private key protection, transaction approvals and network selection. When using email-based or embedded access, the user must protect the email account or login method used to access the interface.

Topox does not guarantee recovery of funds, positions, trading access or account activity if a user loses access to a wallet, loses access to email, connects to a malicious website, signs a malicious transaction, or allows another person to access their device or credentials.

4. Infrastructure Security

The Topox interface may connect to decentralised trading infrastructure, blockchain networks, APIs, wallet tools, authentication providers, analytics tools and other technical integrations that support the website experience, trading access, market data, authentication, blockchain connectivity and related functionality.

These systems may include security practices such as encrypted connections, access controls, monitoring, infrastructure hardening, smart contract review, operational procedures and incident response processes.

Topox may benefit from the security practices, operational controls and technical safeguards implemented across connected trading infrastructure and technical layers. Security controls may apply at the infrastructure-provider level and should not be understood as independent certification, approval, endorsement or guarantee of Topox unless stated expressly in a formal document issued for Topox.

Users should understand that connected infrastructure, blockchain networks and technical integrations may experience downtime, errors, misconfiguration, service interruptions, data delays, routing issues, cyberattacks, API failures, oracle issues, smart contract vulnerabilities, wallet connection issues or other events outside Topox’s direct control.

5. Smart Contract and Blockchain Risk

Decentralised trading depends on blockchain networks, smart contracts and related infrastructure. These systems may be transparent and publicly verifiable, but they are not risk-free.

Risks may include smart contract bugs, protocol design errors, oracle errors, validator or sequencer issues, bridge risk, transaction delays, failed transactions, gas spikes, network congestion, chain reorganisations, governance changes, upgrade risk, malicious approvals, wallet compromise and user mistakes.

Even when a protocol, smart contract system or infrastructure layer has been reviewed or audited, audits cannot guarantee the absence of vulnerabilities. A security review reduces risk but does not remove risk.

6. On-Chain Transparency

Many blockchain activities are publicly visible. Wallet addresses, transaction hashes, deposits, withdrawals, trades, transfers, timestamps and related on-chain data may be permanently recorded on public blockchains.

Topox may display on-chain information to help users understand their activity, balances and trading history. However, Topox cannot remove or erase public blockchain records once they exist on-chain.

Users should avoid connecting wallets or making transactions if they do not want the associated wallet activity to be publicly visible or potentially analysed by third parties.

7. Operational Security

Topox may use monitoring, access controls, interface checks, infrastructure review, logging, abuse prevention systems and other operational controls to improve reliability and protect users. These controls are intended to reduce risk and support interface integrity.

However, no operational security programme can guarantee uninterrupted access, perfect detection, immediate response, full prevention of attacks or complete protection from market, wallet, blockchain, infrastructure or user-related risks.

Topox may restrict, suspend or limit access to the interface if activity appears suspicious, abusive, unlawful, harmful, technically risky, or inconsistent with the Terms of Service or other applicable policies.

10. Market Data, Execution and Slippage

Charts, prices, order books, funding rates, analytics, balances, estimated fees and liquidation estimates are provided for informational and operational purposes. They may be delayed, inaccurate, incomplete, unavailable or different from the final execution outcome.

Orders may experience slippage, partial fills, failed execution, rejected execution, delayed execution, or execution at prices different from the price displayed before confirmation. Network conditions, market volatility, liquidity, smart contract behaviour, order routing and connected systems may affect execution.

Users are responsible for reviewing every order before submitting it, including market, direction, order type, size, leverage, margin mode, estimated liquidation price, fees, funding and any risk controls.

11. Fees, Funding and Costs

Trading may involve interface-related fees, maker/taker fees, funding payments, swap costs, gas fees, bridge fees, network fees, withdrawal fees or other costs depending on the activity and infrastructure used.

Fee estimates may be displayed where available, but final costs may differ due to market movement, blockchain conditions, gas prices, liquidity, infrastructure conditions, data delays or routing. Users are responsible for all costs associated with their transactions and trading activity.

12. User Security Responsibilities

Security is a shared responsibility. Users should take reasonable steps to protect their wallets, devices, accounts and trading activity.

• Use a trusted wallet and verify the website URL before connecting.
• Never share private keys, seed phrases, passwords or one-time codes.
• Review wallet signatures and transaction details before approval.
• Use strong passwords and two-factor authentication where available.
• Keep devices, browsers and wallet extensions updated.
• Avoid using public or compromised devices for trading.
• Check the correct network, asset, amount and destination address before transfers.
• Start with small amounts if testing a new flow or feature.
• Use risk controls such as Stop Loss and reasonable position sizing where available.
• Do not rely on screenshots, social media posts, unofficial messages or unofficial links when making trading decisions.

13. No Financial Advice

Topox does not provide financial, investment, trading, legal, tax, accounting or regulatory advice. Any website content, educational material, interface information, market data, analytics, examples or explanations are provided for general informational purposes only.

Users are solely responsible for their trading decisions and should seek independent professional advice where appropriate. Past performance, market examples, interface features or educational content do not guarantee future results.

14. Availability and Infrastructure Dependencies

Topox may depend on third-party trading infrastructure, blockchain networks and technical integrations that may be outside its direct control. These may include website hosting, DNS, analytics, authentication, blockchain nodes, relayers, APIs, market data sources, wallets, smart contracts, decentralised networks and other technical systems.

Any of these systems may fail, be delayed, be attacked, be unavailable, be misconfigured, be upgraded, be discontinued, or operate in a way that affects user access, trading, balances, orders, positions, withdrawals, deposits or displayed data.

Topox is not responsible for losses caused by infrastructure outages, market volatility, user error, wallet compromise, chain issues, oracle issues, smart contract failures, regulatory changes or events outside its reasonable control.

15. Restricted Use and Compliance

Users are responsible for ensuring that their access to and use of Topox is legal in their jurisdiction. Access to certain features may be limited based on jurisdiction, infrastructure requirements, security considerations, applicable policies or other risk controls.

Users must not use Topox for unlawful activity, sanctions evasion, market manipulation, fraud, money laundering, abusive trading, attacks on infrastructure, unauthorised access, or any activity prohibited by the Terms of Service.

16. Security Incident and Response Limits

If Topox becomes aware of a security issue affecting the website, interface, integrations or related infrastructure layers, it may take steps such as investigating the issue, limiting access, publishing notices, addressing the relevant infrastructure layers, updating the interface, or suspending features where appropriate.

Because blockchain transactions are generally irreversible and certain infrastructure may be outside Topox’s control, Topox may not be able to reverse trades, restore lost funds, undo transfers, cancel confirmed transactions, recover compromised wallets, or compensate users for losses.