Legal

Terms of Service

Date: September 2, 2026

These Terms of Service (the “Terms”) are a binding legal agreement between you (“you” or “your”) and Nika Finance Inc. (“Nika,” “we,” “us,” or “our”). They govern your access to and use of the Nika website at nika.finance, the Nika web application at app.nika.finance, Nika’s iOS and Android mobile applications, Nika’s non-custodial wallet software, and all related interfaces, tools, software, APIs, features, products, content, communications, programs, and services that Nika makes available (collectively, the “Services”).

By accessing or using the Services, clicking “I Accept,” downloading or using the App, creating or connecting a Wallet, initiating a transaction, or participating in a Nika program, you confirm that you have read, understood, and agree to these Terms, the Privacy Policy, and any supplemental terms, disclosures, fee schedules, risk disclosures, feature-specific terms, provider terms, or notices made available through the Services. If you use the Services on behalf of a company or other legal entity, you represent that you have authority to bind that entity, and “you” includes that entity.

“Nika Parties” means Nika and its affiliates, directors, officers, employees, contractors, agents, licensors, service providers, partners, and other third-party beneficiaries identified in these Terms.

The Services are non-custodial software and interface tools. Nika does not custody user funds, hold user private keys, operate an exchange, broker trades, match orders, provide leverage, clear or settle transactions, operate a prediction market, provide gambling or sportsbook services, take deposits, provide lending or investment-management products, or act as counterparty to user transactions. Transactions occur through public blockchain networks, independent protocols, and independent third-party infrastructure outside Nika’s control.

Digital assets, blockchain networks, decentralized finance, perpetual contracts, prediction markets, smart contracts, bridges, liquidity pools, yield strategies, and third-party services involve substantial risk, including the risk of total and irreversible loss. Do not use funds you cannot afford to lose.

These Terms contain a binding individual arbitration agreement, class-action waiver, jury-trial waiver, and limitation on the time to bring claims. Please read Section 26 carefully.

1. Agreement to Terms

These Terms, the Privacy Policy, and any supplemental terms or disclosures incorporated by reference constitute the agreement between you and Nika concerning the Services. If a supplemental term applies specifically to a feature or program, it controls only with respect to that feature or program to the extent of any conflict.

Nika may revise these Terms from time to time. Revised Terms become effective when posted, unless a later effective date is stated. Your continued use of the Services after the effective date constitutes acceptance of the revised Terms. If you do not agree to revised Terms, you must stop using the Services.

2. Services and Scope

The Services are software-only, non-custodial interface tools. They may allow eligible users to:

(a) create, connect, manage, view, or use self-custodial wallets;

(b) view wallet balances, addresses, public blockchain data, token information, prices, positions, orders, historical activity, portfolio data, rankings, alerts, and analytics;

(d) access spot trading, swaps, bridges, liquidity routing, and other on-chain interactions through independent third-party protocols;

(e) access perpetual trading through independent third-party venues, including Hyperliquid;

(f) access yield, staking, restaking, lending, borrowing, vault, liquidity, and other earn functionality provided by independent third parties;

(g) access prediction-market functionality provided by independent third-party providers, including Polymarket;

(h) access fiat on-ramp and off-ramp services provided by independent third-party providers;

(i) view, follow, share, copy, or interact with other users, profiles, trades, strategies, leaderboards, rankings, and social features;

(j) use Nika AI, portfolio, research, alerts, automation, or other informational tools where available; and

(k) participate in rewards, XP, referral, affiliate, loyalty, promotional, cashback, trading-reward, or other programs where available and legally permitted.

The Services do not include:

(a) brokerage, dealing, market-making, exchange, matching, clearing, settlement, trade-execution, or order-intermediation services;

(b) futures commission merchant, swap execution facility, derivatives clearing organization, contract market, commodity-pool operator, commodity-trading adviser, or similar regulated derivatives services;

(c) banking, deposit-taking, e-money issuance, payment processing, money transmission, or money-services-business services;

(d) custody, safekeeping, control, possession, or management of digital assets, fiat currency, private keys, seed phrases, recovery phrases, credentials, or collateral by Nika;

(e) investment, financial, trading, legal, tax, accounting, regulatory, or other professional advice;

(f) gambling, wagering, sportsbook, casino, lottery, betting, or gaming services;

(g) operation, creation, pricing, resolution, settlement, or market-making of prediction markets; or

(h) lending, borrowing, savings, deposit, interest-bearing, yield, investment-management, or asset-management products provided by Nika.

All transactions initiated through the Services occur on public blockchain networks, through smart contracts, or through independent third-party infrastructure outside Nika’s control. Nika is not a party to, counterparty to, or intermediary for those transactions. Nika cannot reverse, cancel, modify, freeze, claw back, insure, guarantee, or recover a blockchain transaction, digital asset, position, order, or protocol interaction.

3. Nika’s Relationship to You

Nika is a software and interface provider only. Nika does not act as a digital-asset exchange, broker, dealer, investment adviser, commodity-trading adviser, futures commission merchant, fund manager, financial institution, custodian, fiduciary, creditor, intermediary, market maker, clearing organization, settlement agent, prediction-market operator, sportsbook, or counterparty.

Nika does not select assets for you, determine whether a transaction is suitable for you, exercise discretion over your trading strategy, guarantee best execution, or guarantee that any displayed “best price,” route, market, yield, probability, return, or result is accurate or available.

To the fullest extent permitted by law, you acknowledge that Nika owes you no fiduciary duties. Nothing in the Services or these Terms creates a fiduciary, agency, advisory, brokerage, custodial, partnership, joint-venture, employment, trust, or other special relationship between you and Nika.

4. No Advice; No Recommendation

Nika does not provide investment, financial, trading, legal, tax, accounting, regulatory, or other professional advice.

Information displayed through the Services—including prices, token data, market data, PnL, APYs, odds, probabilities, rankings, leaderboards, alerts, notifications, research, AI outputs, social data, copy-trading data, routes, suggested transactions, educational content, and market descriptions—is provided for informational and interface purposes only. It may be inaccurate, incomplete, delayed, stale, misleading, unavailable, or unsuitable for your circumstances.

You are solely responsible for your decisions, transactions, wallet activity, tax obligations, legal compliance, and losses. Nika does not recommend or endorse any digital asset, token, protocol, market, venue, liquidity pool, yield strategy, user, trader, creator, or third-party service.

5. Eligibility and Feature Availability

5.1 Age and Capacity

You may use the Services only if you are at least the age of majority in your jurisdiction of residence, have legal capacity to enter into a binding agreement, and are not otherwise barred under applicable law. The Services are not directed to minors and may not be used by any person under the age of majority in their jurisdiction.

5.2 Restricted Persons and Jurisdictions

The Services are not offered to, and may not be used by, any person or entity that resides in, is a citizen of, is located in, is incorporated in, has a registered office or principal place of business in, or accesses the Services from any Restricted Jurisdiction. “Restricted Jurisdiction” includes, without limitation, the Crimea region, Cuba, Donetsk, the Democratic Republic of the Congo, Iran, Libya, Luhansk, Myanmar (Burma), North Korea, Sudan, Venezuela, Yemen, any country or region subject to comprehensive sanctions or embargoes under applicable U.S., U.K., or EU law, any jurisdiction where transacting in digital assets is prohibited or restricted in any form, and any other jurisdiction designated by Nika or an applicable provider as restricted.

The Services are also unavailable to any person or entity that:

(a) is located in, resident in, incorporated in, organized in, or accessing the Services from a jurisdiction subject to comprehensive sanctions, embargoes, or similar restrictions under applicable U.S., U.K., EU, U.N., or other applicable law;

(b) is listed on, owned or controlled by, or acting on behalf of a person listed on any sanctions, blocked-person, denied-party, or restricted-party list, including the U.S. Treasury Department’s Office of Foreign Assets Control Specially Designated Nationals list;

(c) is prohibited from accessing or using the Services under applicable anti-money-laundering, counter-terrorist-financing, export-control, commodities, securities, derivatives, gambling, prediction-market, gaming, financial-services, consumer-protection, or similar laws; or

(d) is otherwise designated as restricted by Nika or an applicable third-party provider.

Nika may update the Restricted Jurisdictions from time to time without notice. You may not use a VPN, proxy, Tor, device spoofing, location spoofing, false information, wallet obfuscation, multiple account, or similar method to bypass any restriction. You may not coordinate, conduct, or control your use of the Services from a Restricted Jurisdiction, including through another person with access to your account.

5.3 U.S. Persons

For purposes of any feature that is unavailable to U.S. Persons, “U.S. Person” means any natural person who is a U.S. citizen, permanent resident, resident, or physically located in the United States; any entity organized or incorporated under U.S. law; any estate or trust of which a relevant fiduciary, settlor, beneficiary, or controlling person is a U.S. Person; any U.S.-located agency, branch, or office of a non-U.S. entity; any account held by or for the benefit of a U.S. Person; or any other person treated as a U.S. Person under applicable law or the rules of an applicable third-party provider.

“United States” includes the United States of America, its states, the District of Columbia, territories, possessions, and other jurisdictions subject to U.S. law.

5.4 Feature-Level Availability

Eligibility is determined on a feature-by-feature basis. A feature may be unavailable, restricted, read-only, close-only, disabled, or subject to additional requirements depending on your location, citizenship, residence, entity status, wallet address, provider account, sanctions status, KYC/KYB status, risk profile, app-store region, device signals, IP address, or applicable law.

Restricted features may include perpetual trading, leveraged trading, prediction-market trading, fiat ramps, yield, earn, staking, restaking, liquidity, lending, borrowing, vaults, swaps, bridges, liquidity routing, deposits, withdrawals, transfers, order placement, rewards, XP, referrals, affiliate payments, fee rebates, trading credits, and any other feature restricted by Nika or a third-party provider.

The unavailability of one feature does not necessarily affect your ability to use another feature that is lawful and available where you are located.

5.5 Geographic and Provider Controls

Nika may use IP-based geolocation, device signals, app-store region, wallet screening, blockchain analytics, sanctions screening, KYC/KYB status, provider eligibility checks, and other technical or procedural controls to determine feature availability.

Nika may restrict, disable, hide, block, make read-only, or make close-only any feature at any time, with or without notice, including to comply with law, provider requirements, sanctions obligations, app-store rules, risk controls, or internal policy.

You represent and warrant that you will not access restricted functionality from a restricted jurisdiction, on behalf of an ineligible person, or for the benefit of an ineligible person.

6. Wallets, Accounts, and Privy

6.1 Non-Custodial Wallet

The Services may include or interoperate with non-custodial wallet software that allows you to create, connect, view, and use blockchain addresses. Nika does not custody, hold, safeguard, control, recover, or have access to your digital assets, private keys, seed phrases, recovery phrases, or wallet credentials.

6.2 Wallet Infrastructure

Wallets may be generated, encrypted, managed, recovered, or otherwise supported through Privy or another independent wallet or key-management infrastructure provider. Nika does not control that provider’s systems, security practices, recovery processes, availability, policies, or decisions.

Depending on the wallet type and applicable provider, credentials or private keys may be generated, stored, encrypted, displayed, exported, or recovered through your device, Privy, another provider, or related third-party infrastructure. You are responsible for understanding and securing the applicable recovery mechanism.

Nika does not receive, store, transmit, control, or have access to private keys or recovery credentials except to the extent information is voluntarily provided by you or otherwise processed as described in the Privacy Policy. Nika cannot recover lost credentials, restore access, or reverse transactions.

6.3 Account Security and User Error

You are solely responsible for securing your device, email account, Apple ID, Google Account, passwords, authentication methods, wallet credentials, private keys, seed phrases, recovery phrases, and connected services. You assume all risks of lost devices, forgotten passwords, compromised accounts, phishing, malware, social engineering, malicious browser extensions, unauthorized access, wrong networks, wrong tokens, incorrect addresses, incorrect transaction details, and other security incidents.

You are solely responsible for all activity authorized through your Wallet, account, credentials, or device. To the maximum extent permitted by law, you release and hold harmless Nika Parties from claims, losses, damages, or liabilities arising from your loss of access, disclosure or compromise of credentials, unauthorized access, or failure to secure your Wallet or account.

6.4 Transaction Authorization

You are solely responsible for reviewing and authorizing every transaction. Before signing or confirming, you should verify the asset, network, amount, recipient, contract address, gas, fees, slippage, approval permissions, position size, leverage, liquidation risk, market, odds, APY, and applicable provider terms. Once signed or submitted, a transaction may be irreversible.

6.5 Multiple Accounts and Wallets

Nika may restrict, suspend, or disable access if it reasonably believes that you created or connected multiple accounts or wallets, coordinated activity, or used multiple devices or identities to bypass eligibility restrictions, manipulate rewards or metrics, or engage in abusive or unlawful conduct.

6.6 Linked Services

You may connect your Wallet or account to third-party services. Nika is not responsible for any loss, damage, liability, fee, restriction, data use, security failure, smart-contract failure, account closure, provider decision, or other consequence arising from your use of a linked service.

7. Acceptable Use

You agree not to, and will not permit any person to, directly or indirectly:

(a) use the Services in violation of law, sanctions, export controls, or provider requirements;

(b) bypass or attempt to bypass eligibility controls, geoblocking, KYC/KYB requirements, sanctions screening, app-store restrictions, or security measures;

(c) use the Services for money laundering, terrorist financing, sanctions evasion, fraud, scams, illegal gambling, unauthorized securities or derivatives activity, or any other unlawful purpose;

(d) engage in wash trading, self-trading, spoofing, layering, front-running, pump-and-dump activity, quote stuffing, artificial volume generation, sybil attacks, botting, market manipulation, or manipulation of prediction outcomes, oracle data, liquidity pools, rankings, leaderboards, social signals, referrals, rewards, XP, or trading metrics;

(e) use unauthorized bots, crawlers, scrapers, scripts, automation, data-mining tools, transaction automation, trading bots, or API access;

(f) probe, scan, test, exploit, reverse engineer, decompile, disassemble, or attempt to defeat the security of the Services or related systems, except as permitted by applicable law or an applicable open-source license;

(g) introduce malware, viruses, worms, Trojan horses, exploits, or other harmful code;

(h) impersonate Nika, a Nika employee, another user, a third-party provider, or any other person or entity;

(i) misrepresent affiliation, authority, eligibility, location, citizenship, residence, entity status, source of funds, ownership of a wallet, or authority to act;

(j) collect, harvest, sell, or misuse another person’s personal information;

(k) infringe intellectual-property, privacy, publicity, or proprietary rights;

(l) sell, transfer, assign, rent, license, or commercialize an account, username, wallet-linked profile, rewards, XP, referral rights, or access credentials;

(m) use the Services for unauthorized commercial purposes or for the benefit of a third party;

(n) upload or distribute unlawful, harmful, abusive, defamatory, obscene, harassing, hateful, violent, misleading, fraudulent, or infringing content;

(o) make unauthorized representations, guarantees, or promises about Nika, the Services, fees, rewards, XP, APY, returns, trading results, market outcomes, eligibility, availability, or third-party providers; or

(p) encourage, assist, or enable another person to do any of the foregoing.

Nika may monitor use, review content, remove or disable content, restrict functionality, suspend access, terminate access, and cooperate with law enforcement or third-party providers if Nika believes you violated these Terms or applicable law.

8. Third-Party Services and Protocols

The Services may link to, interoperate with, embed, route to, display information from, or otherwise facilitate access to independent third-party protocols, smart contracts, venues, applications, providers, wallets, data sources, infrastructure, APIs, SDKs, validators, and networks.

Third-party services may include decentralized exchanges and routers; bridge protocols; liquidity pools; perpetual venues; prediction-market providers; yield, staking, lending, borrowing, vault, and liquidity protocols; wallet and key-management providers; fiat on-ramp and off-ramp providers; data, pricing, analytics, token-metadata, and oracle providers; app stores; cloud and hosting providers; compliance providers; screening providers; and infrastructure providers.

Nika does not own, operate, control, maintain, administer, guarantee, or supervise third-party services. Nika is not responsible for their availability, legality, security, accuracy, fees, terms, compliance, restrictions, execution, matching, settlement, custody, smart contracts, data, risk engines, oracles, liquidity, KYC/KYB, sanctions screening, decisions, acts, omissions, failures, delays, outages, losses, or disputes.

Your use of a third-party service is governed by that provider’s terms, policies, risk disclosures, fee schedules, eligibility requirements, and privacy practices. If there is a conflict between these Terms and third-party terms concerning the third-party service, the third-party terms govern your use of that third-party service.

Third-party services may include communication, messaging, and social platforms, including Telegram, Discord, and similar services. Nika does not control those platforms, and your use of them is subject to their separate terms, privacy policies, moderation practices, availability, and security risks. References to a third-party platform or community do not mean that Nika operates, endorses, or guarantees that platform or any content made available through it.

The inclusion, display, ranking, listing, routing, suggestion, or availability of any third-party service, asset, market, provider, route, pool, protocol, token, position, order book, yield strategy, or data source does not constitute endorsement, recommendation, approval, verification, representation, warranty, or advice by Nika.

Third-party providers, protocols, venues, licensors, infrastructure providers, data providers, wallet providers, ramp providers, Perps Venues, Prediction Market Providers, yield providers, and app-store providers are intended third-party beneficiaries of provisions that concern or benefit them and may enforce those provisions to the extent permitted by law.

9. Fiat On-Ramp and Off-Ramp Services

Nika may provide an interface to independent third-party fiat on-ramp and off-ramp providers. Nika does not process payments, issue cards, hold fiat, transmit money, provide banking or e-money services, or buy or sell digital assets as principal.

Ramp providers may require identity verification, source-of-funds information, payment information, AML checks, sanctions checks, or other compliance information. A ramp provider may approve, reject, delay, cancel, reverse, limit, suspend, or report a transaction in its discretion. Nika has no control over those decisions.

Any payment processing, settlement, custody, safeguarding, chargeback, refund, delivery, or compliance function is performed by the applicable third-party provider and not by Nika. By initiating a ramp transaction, you authorize Nika to share information reasonably necessary to facilitate the integration, comply with law, prevent fraud, or satisfy provider requirements, subject to the Privacy Policy.

10. Spot Trading, Swaps, Bridges, and Liquidity Routing

10.1 User-Directed Transactions

The Services may allow eligible users to initiate user-directed spot purchases, sales, swaps, bridges, token transfers, approvals, liquidity interactions, and related blockchain transactions through independent third-party protocols and infrastructure.

Nika does not operate a spot exchange, DEX, router, bridge, liquidity pool, order book, market maker, matching engine, clearinghouse, settlement system, or counterparty. Transactions are authorized by you and occur through wallets, smart contracts, protocols, blockchain networks, or other third-party infrastructure.

10.2 Quotes and Routing

The Services may display quotes, routes, estimated outputs, price impact, slippage, gas estimates, fees, bridge options, liquidity sources, or routing suggestions. Such information may be inaccurate, incomplete, delayed, stale, unavailable, unsafe, or suboptimal.

Nika does not guarantee best execution, best price, lowest fees, liquidity, successful execution, bridge completion, finality, or any particular result.

10.3 Token Identification

Token names, symbols, logos, contract addresses, metadata, rankings, tags, search results, prices, liquidity data, and other token information may come from independent third-party providers. Digital-asset identifiers may be duplicated, spoofed, misleading, fraudulent, malicious, or incorrect.

You are solely responsible for verifying the contract address, blockchain, decimals, issuer, provenance, legitimacy, safety, and risk profile of an asset before transacting. Nika does not verify, audit, approve, endorse, or guarantee any token, contract, asset, issuer, or liquidity source.

If you obtain a digital collectible, meme coin, or similar token through the Services, you agree not to swap that token into a traditional cryptocurrency, such as Bitcoin or Ether, and transfer the token or resulting assets to a wallet outside Nika.

10.4 Bridge and Cross-Chain Risk

Bridges and cross-chain transactions involve additional risks, including smart-contract failure, validator or relayer failure, messaging failure, liquidity shortages, chain reorganizations, delays, wrapped-asset depegging, protocol insolvency, loss of funds, and unsupported assets. Nika is not responsible for those risks or for transactions sent to an incorrect network or address.

11. Perpetual Trading Through Third-Party Venues

11.1 Third-Party Perps Venues

The Services may allow eligible users to access perpetual trading functionality through independent third-party venues or protocols, including Hyperliquid (each, a “Perps Venue”). Nika does not own, operate, control, maintain, administer, match orders for, clear, settle, custody collateral for, guarantee, or act as counterparty for any Perps Venue.

All perpetual trades, orders, positions, margin, collateral, funding, liquidations, auto-deleveraging, matching, clearing, settlement, risk-engine functions, and protocol decisions are handled by the applicable Perps Venue and its infrastructure.

11.2 Availability and Representations

Perpetual trading is not available to U.S. Persons or persons located in the United States and may be restricted for additional users or jurisdictions. By accessing Perps, you represent and warrant that:

(a) you are not a U.S. Person and are not located in the United States;

(b) you are not accessing Perps on behalf of or for the benefit of a U.S. Person or other ineligible person;

(c) you are not located in a jurisdiction where perpetual trading, derivatives, leveraged trading, or the applicable Perps Venue is prohibited or restricted;

(d) you satisfy the applicable Perps Venue’s eligibility requirements; and

(e) you will not use any VPN, proxy, device spoofing, or other method to bypass restrictions.

Nika may restrict, disable, hide, make read-only, or make close-only Perps functionality at any time.

11.3 No Ownership of Underlying Assets

Perpetual contracts are synthetic instruments that may reference digital assets, equities, commodities, indices, currencies, or other reference assets. Trading a Perpetual does not constitute purchase, sale, ownership, custody, delivery, or transfer of the underlying asset. You do not acquire voting, dividend, redemption, governance, delivery, legal, beneficial, or other ownership rights in the underlying asset.

11.4 Builder Codes and Fee Attribution

The Services may use a builder code, referral identifier, affiliate identifier, or other attribution mechanism associated with Nika. These are technical fee-routing or attribution mechanisms only and do not create an agency, partnership, joint venture, employment, fiduciary, brokerage, exchange, counterparty, or control relationship between Nika and a Perps Venue.

Nika has no control over a Perps Venue’s smart contracts, matching engine, risk engine, margin framework, leverage limits, funding rates, oracle pricing, liquidation mechanics, collateral rules, insurance fund, governance, uptime, security, or decisions. Any fees, rebates, credits, benefits, or rewards associated with attribution mechanisms are subject to Section 28.

11.5 Perps Risks

Perpetual trading is highly risky and may result in rapid and total loss. Risks include leverage, liquidation, auto-deleveraging, funding rates, margin calls, collateral loss, oracle and index-pricing errors, forced position closure, slippage, low liquidity, volatility, basis risk, order-book risk, smart-contract risk, network congestion, venue insolvency, and total loss of collateral. You are solely responsible for understanding the mechanics, costs, risks, and suitability of Perps before accessing them.

12. Yield, Earn, Staking, Lending, Borrowing, Vaults, and Liquidity

The Services may allow eligible users to view or interact with third-party smart contracts, vaults, staking systems, restaking systems, lending protocols, borrowing protocols, liquidity pools, automated strategies, and other yield-related systems.

Nika does not provide lending, borrowing, staking, restaking, vault, deposit, savings, interest, investment-management, asset-management, or yield products. Nika does not take deposits, lend assets, borrow assets, manage user assets, guarantee returns, operate liquidity pools, operate vaults, or provide interest-bearing accounts.

Any deposit, withdrawal, claim, stake, restake, mint, burn, borrow, repay, liquidity, or other interaction is authorized by you and occurs through independent third-party protocols, smart contracts, wallets, or infrastructure. Nika cannot reverse, cancel, refund, claw back, or undo such transactions.

APYs, APRs, reward rates, projected returns, historical returns, fee estimates, and other yield metrics are estimates only. They may be variable, delayed, inaccurate, stale, incomplete, promotional, or subject to rapid change. Nika does not guarantee returns, yield, principal, liquidity, redemption, withdrawal, repayment, collateral value, or any strategy outcome.

Yield and earn activity involves smart-contract risk, validator risk, slashing, bridge failure, oracle manipulation, governance attacks, depegging, liquidity failure, counterparty failure, protocol pauses, administrative-key compromise, liquidation, and total loss. Providing liquidity may involve impermanent loss, pool imbalance, withdrawal limitations, slippage, fee and reward volatility, and token depegging.

13. Prediction Markets

The Services may allow eligible users to view or interact with prediction-market functionality provided by independent third-party providers, including Polymarket (each, a “Prediction Market Provider”). Nika does not own, operate, control, maintain, administer, create, list, resolve, settle, score, price, make markets for, set odds for, or act as counterparty to any prediction market.

All prediction-market contracts, market terms, descriptions, order books, matching, settlement, resolution, oracle processes, dispute processes, fees, restrictions, and eligibility decisions are handled by the applicable Prediction Market Provider, its infrastructure, or its smart contracts. You must review and comply with the provider’s terms, including any applicable Polymarket terms, rules, disclosures, and restricted-jurisdiction requirements.

Where available, Nika provides a non-custodial interface through which eligible users may submit wallet-authorized instructions or signed orders to a Prediction Market Provider. Nika does not exercise discretion over those instructions, match orders, guarantee execution, provide liquidity, settle markets, resolve outcomes, set odds, determine prices, determine winners, hold funds, or act as counterparty. Builder codes, referral identifiers, and other attribution data may be associated with user activity as described in Sections 13 and 28.

Prediction-market order placement is not available to U.S. Persons or persons located in the United States and may be restricted in additional jurisdictions. Nika may provide read-only market data or close-only functionality where opening new positions is restricted by a provider, law, or Nika policy.

You represent and warrant that you are eligible to access prediction-market functionality, are not accessing it on behalf of an ineligible person, and will not use a VPN, proxy, false information, device spoofing, or similar method to bypass restrictions.

Market descriptions, probabilities, odds, prices, volumes, liquidity, charts, social data, and resolution information may be inaccurate, incomplete, delayed, ambiguous, disputed, reversed, or affected by provider rules, oracle processes, governance decisions, or external events. Prediction markets are speculative and may result in total loss.

14. Robinhood U.S. Stock / ETP Derivative Tokens

14.1 Availability and Eligibility

The Services may provide access to Robinhood’s U.S. stock and exchange-traded-product derivative tokens (“Robinhood Tokens”), which are on-chain representations of over-the-counter derivative contracts issued by Robinhood Europe UAB. Robinhood Tokens are not available to U.S. Persons, persons located in the United States or U.S. markets, sanctioned persons, persons located in sanctioned countries or regions, persons located in Canada, the United Kingdom, or Switzerland, or persons in any jurisdiction identified from time to time by Robinhood, Nika, an applicable provider, or applicable law as restricted.

Nika may impose additional restrictions at any time. You represent and warrant that you are eligible to access Robinhood Tokens, are not accessing them on behalf of or for the benefit of an ineligible person, and will not use a VPN, proxy, device spoofing, or similar method to circumvent any restriction.

14.2 No Nika Role or Robinhood Affiliation

Robinhood Tokens are issued, offered, and settled by Robinhood Europe UAB and applicable third-party infrastructure. Nika does not issue, offer, custody, clear, settle, or act as counterparty, broker, dealer, transfer agent, or investment adviser with respect to Robinhood Tokens. Nika is not affiliated with Robinhood Europe UAB or its affiliates except to the extent expressly disclosed in writing.

Access to Robinhood Tokens may occur through independent third-party infrastructure, including the Relay API operated by Uneven Labs, Inc., where applicable. Nika does not control that infrastructure and makes no representations regarding its performance, reliability, liquidity, solvency, or security.

14.3 No Ownership of Underlying Securities

Robinhood Tokens are cash-settled over-the-counter derivative contracts that reference the price of an underlying stock or exchange-traded product. Trading Robinhood Tokens does not constitute the purchase, sale, or ownership of any underlying security and does not confer voting rights, direct dividend rights, redemption rights, or other shareholder rights. Robinhood Tokens cannot be redeemed for the underlying stock or exchange-traded product.

14.4 Robinhood Disclosures and Risk

Robinhood may publish disclosure documents describing Robinhood Tokens and their risks. The authoritative source for those disclosures is Robinhood’s current legal and disclosure materials, including https://robinhood.com/eu/en/about/legal/. You are solely responsible for reviewing current disclosures before trading.

Robinhood Tokens are complex financial instruments and involve substantial risk, including total loss, counterparty insolvency, liquidity risk, currency risk, tokenization risk, blockchain risk, oracle failure, network congestion, changes to disclosures, restrictions, and discontinuation. Nika does not conduct a suitability or appropriateness assessment and does not provide advice regarding whether Robinhood Tokens are appropriate for you.

15. Social Trading, Copy Trading, Portfolios, and Metrics

The Services may allow users to create profiles, share trades, follow users, copy trades or strategies, view portfolios, receive alerts, participate in communities, appear on leaderboards, and view performance metrics.

Social, portfolio, copy-trading, leaderboard, and alert features are informational and user-directed. Nika does not endorse, recommend, verify, audit, or guarantee any user, trader, creator, strategy, portfolio, performance result, return, risk score, ranking, alert, or copied transaction.

Copy trading does not guarantee that your transaction will match another user’s transaction. Differences may arise from timing, price, liquidity, slippage, fees, leverage, position size, available collateral, market conditions, provider restrictions, network conditions, or feature availability. You remain solely responsible for every transaction and position in your account.

No user, creator, affiliate, influencer, or other participant is authorized to provide investment, financial, legal, tax, or trading advice on Nika’s behalf. Nika does not verify the qualifications, identity, accuracy, suitability, legality, profitability, or motives of users or creators.

Users must not manipulate PnL, rankings, leaderboards, performance metrics, social signals, copy-trading data, or portfolio data through selective transfers, wash trading, coordinated activity, fake accounts, artificial volume, or other deceptive activity. Nika may recalculate, adjust, reset, hide, remove, or void any metric, ranking, position, alert, or reward.

16. Fees

You may incur fees from Nika and from third parties. Fees may include Nika interface fees; blockchain network or gas fees; protocol fees; liquidity-provider fees; bridge fees; swap fees; Perps Venue fees; prediction-market fees; ramp-provider fees; wallet-provider fees; builder, referral, affiliate, attribution, rebate, or revenue-share amounts; currency-conversion fees; card or payment fees; withdrawal or deposit fees; and other fees disclosed through the Services or by a third-party provider.

The applicable Nika fee, where any, will be disclosed through the Services or applicable fee schedule before or in connection with a transaction where practicable. Fees may differ by feature, asset, route, venue, user, fee tier, transaction size, jurisdiction, provider, or promotional program. Fees may change at any time and may be non-refundable.

Nika may receive fees, rebates, builder fees, referral fees, affiliate commissions, revenue shares, or other compensation from third-party providers or protocols in connection with user activity. Such compensation does not create an agency, fiduciary, brokerage, advisory, exchange, counterparty, or provider relationship.

Third-party fees and costs may be determined at settlement, may not be known when a quote is displayed, and may differ from estimates. You are solely responsible for reviewing applicable fees and costs before confirming a transaction.

17. Taxes

You are solely responsible for determining and satisfying all taxes, duties, levies, filings, reporting obligations, withholding obligations, and other governmental charges arising from your use of the Services, including digital-asset transactions, swaps, transfers, bridges, Perps, prediction markets, yield activity, rewards, XP, referrals, affiliate payments, airdrops, rebates, and other benefits.

Nika does not provide tax advice and is not responsible for determining whether taxes apply to you. Nika may report information to tax authorities, provide tax documents, request tax information, or withhold amounts where required by law.

18. Risk Disclosures

You acknowledge and accept all risks associated with the Services, digital assets, blockchain networks, smart contracts, DeFi, Perps, prediction markets, fiat ramps, bridges, liquidity pools, yield protocols, social trading, copy trading, and third-party services.

Risks include total loss; volatility; lack of liquidity; slippage; failed, delayed, reverted, censored, or irreversible transactions; incorrect addresses or networks; malicious or spoofed tokens; smart-contract bugs, hacks, exploits, and vulnerabilities; protocol, bridge, oracle, validator, sequencer, relayer, or network failure; chain forks and reorganizations; governance attacks; private-key loss; phishing, malware, and account compromise; provider insolvency, outages, restrictions, suspensions, or policy changes; regulatory changes; sanctions restrictions; tax consequences; liquidation; leverage losses; market manipulation; inaccurate or delayed information; APY, odds, price, ranking, routing, or execution errors; app-store restrictions; copy-trading mismatch; and loss of rewards or XP.

You should not use the Services unless you understand self-custody, blockchain technology, smart-contract risk, market risk, leverage, liquidity risk, and the specific risks of each feature you use.

19. Compliance, AML, Sanctions, and Investigations

Nika may implement compliance, sanctions, fraud-prevention, AML, CFT, risk, security, and eligibility controls. Nika may screen wallets, transactions, users, devices, locations, IP addresses, provider eligibility, app-store regions, and activity patterns.

Nika may restrict, suspend, disable, or terminate access to the Services or any feature if it believes you violated these Terms, applicable law, sanctions obligations, provider requirements, app-store requirements, or risk policies. Nika may report suspicious activity, cooperate with law enforcement, comply with subpoenas or legal process, respond to regulator requests, disclose information, or preserve records as required or permitted by law.

Nika does not control public blockchain networks and cannot freeze, seize, or recover assets held in a self-custodial Wallet. Nika may, however, restrict access to its software interface.

20. Privacy and Data

Your use of the Services is subject to the Privacy Policy. By using the Services, you acknowledge that Nika may collect, use, store, disclose, and process information as described in the Privacy Policy, including information needed to operate the Services, comply with law, prevent fraud, perform analytics, support feature eligibility, operate social and rewards features, and integrate with third-party providers.

This may include wallet addresses, transaction data, device information, IP addresses, approximate location, app-store region, usage data, referral data, reward and XP data, provider interaction data, account information, and communications.

Blockchain transactions are public and may be permanently recorded on public ledgers. Nika cannot delete, modify, or hide public blockchain data.

21. Intellectual Property

The Services and their software, interfaces, designs, text, graphics, logos, icons, images, content, data compilations, code, APIs, trademarks, service marks, trade names, and other materials are owned by Nika or its licensors and are protected by intellectual-property and other laws.

Subject to these Terms, Nika grants you a limited, revocable, non-exclusive, non-transferable, non-sublicensable license to access and use the Services for your personal or internal business use. You may not copy, modify, distribute, sell, lease, sublicense, reverse engineer, create derivative works from, or otherwise exploit the Services except as expressly permitted by Nika, applicable law, or an applicable open-source license. No rights are granted except as expressly stated in these Terms.

Nika’s names, logos, marks, designs, and product names may not be used without Nika’s prior written consent. Third-party names and marks belong to their respective owners.

22. User Content and Feedback

The Services may allow you to create profiles, post content, share comments, share trades, follow or copy users, participate in communities, upload content, or submit feedback (collectively, “User Content”). “Account Content” means your username, handle, display name, biography, profile image, banner, wallet-linked profile, and other account-identifying content. You are solely responsible for your User Content and Account Content.

You represent and warrant that your User Content is accurate and not misleading; complies with law and these Terms; does not infringe third-party rights; does not contain unlawful, harmful, abusive, hateful, harassing, defamatory, obscene, fraudulent, deceptive, or manipulative material; does not constitute unauthorized financial or trading advice; and does not promote illegal activity, scams, phishing, or market manipulation.

By submitting User Content, you grant Nika and its affiliates, service providers, licensees, successors, and assigns a worldwide, royalty-free, sublicensable, transferable, perpetual, irrevocable, non-exclusive license to host, store, reproduce, display, perform, modify, adapt, publish, translate, distribute, and use that User Content in connection with operating, improving, providing, and promoting the Services, without compensation or attribution.

Feedback is non-confidential and may be used by Nika for any purpose without compensation, attribution, restriction, or obligation.

Nika may monitor, remove, restrict, moderate, label, downgrade, hide, refuse to display, or disable User Content or Account Content at any time, with or without notice. Nika is not responsible for User Content and does not endorse it.

Your username, handle, display name, biography, profile image, banner, wallet-linked profile, and other account-identifying content are licensed to you on a revocable, non-exclusive, non-transferable basis. You do not acquire ownership or goodwill in such Account Content. Nika may reclaim, reassign, rename, modify, or remove it for inactivity, impersonation, infringement, objectionable content, disputes, or other reasons.

23. Disclaimers of Warranties

YOUR USE OF THE SERVICES IS AT YOUR OWN RISK. THE SERVICES ARE PROVIDED “AS IS” AND “AS AVAILABLE,” WITHOUT WARRANTIES OF ANY KIND, EXPRESS, IMPLIED, STATUTORY, OR OTHERWISE. TO THE MAXIMUM EXTENT PERMITTED BY LAW, NIKA DISCLAIMS ALL WARRANTIES, INCLUDING MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, NON-INFRINGEMENT, QUIET ENJOYMENT, ACCURACY, AVAILABILITY, RELIABILITY, SECURITY, COMPLETENESS, TIMELINESS, AND COURSE OF DEALING.

Nika does not warrant that the Services will be uninterrupted, secure, error-free, accurate, available, or free from viruses or harmful components; that blockchain networks, protocols, smart contracts, providers, or third-party services will function as expected; that any transaction, order, position, bridge, route, market, yield strategy, reward, XP, alert, ranking, or copy-trade will be successful or available; or that any asset, token, provider, market, strategy, user, creator, or information is safe, legitimate, lawful, suitable, or profitable.

24. Limitation of Liability

TO THE FULLEST EXTENT PERMITTED BY LAW, IN NO EVENT SHALL NIKA OR THE NIKA PARTIES BE LIABLE FOR DAMAGES OF ANY KIND, UNDER ANY LEGAL THEORY, ARISING OUT OF OR IN CONNECTION WITH YOUR USE OF, OR INABILITY TO USE, THE SERVICES, INCLUDING DIRECT, INDIRECT, SPECIAL, INCIDENTAL, CONSEQUENTIAL, EXEMPLARY, PUNITIVE, ENHANCED, OR OTHER DAMAGES; PERSONAL INJURY; PAIN AND SUFFERING; EMOTIONAL DISTRESS; LOST PROFITS; LOST REVENUE; LOST BUSINESS; LOST ANTICIPATED SAVINGS; LOST OPPORTUNITY; LOSS OF USE; LOSS OF GOODWILL; LOSS OF DATA; LOSS OF DIGITAL ASSETS; LOSS OF PRIVATE KEYS; TRADING LOSSES; LIQUIDATION LOSSES; LOST REWARDS; LOST XP; TAX LIABILITIES; OR THE COST OF SUBSTITUTE SERVICES, EVEN IF FORESEEABLE OR ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

Some jurisdictions do not allow certain limitations. In those jurisdictions, liability is limited to the maximum extent permitted by law.

25. Indemnification

To the maximum extent permitted by law, you agree to defend, indemnify, and hold harmless Nika and its affiliates, directors, officers, employees, contractors, agents, licensors, service providers, and partners from and against claims, demands, actions, proceedings, investigations, damages, losses, liabilities, fines, penalties, costs, and expenses, including reasonable attorneys’ fees, arising out of or relating to:

(a) your access to or use of the Services;

(b) your wallet activity, transactions, orders, positions, protocol interactions, or third-party service interactions;

(d) your infringement of third-party rights;

(e) your User Content or Account Content;

(f) your tax obligations;

(g) your fraud, misconduct, negligence, or willful misconduct;

(h) your attempt to circumvent eligibility controls, geoblocking, sanctions screening, or provider restrictions;

(i) your participation in rewards, XP, referral, affiliate, loyalty, or promotional programs; or

(j) any dispute between you and a third-party provider, user, trader, creator, or other person.

Nika may control the defense of an indemnified claim at your expense. You agree to cooperate with Nika’s defense and may not settle an indemnified claim in a way that imposes liability, admission, obligation, or restriction on Nika without Nika’s prior written consent.

26. Dispute Resolution; Arbitration; Class Waiver

26.1 Governing Law

These Terms and any dispute arising out of or relating to these Terms or the Services are governed by the laws of the State of New York, without regard to conflict-of-law rules. The Federal Arbitration Act governs the interpretation and enforcement of the arbitration provisions.

26.2 Informal Resolution

Before filing an arbitration or court proceeding, the complaining party must send written notice describing the dispute and requested resolution. The parties will attempt in good faith to resolve the dispute for at least sixty (60) days after the notice is received.

26.3 Binding Individual Arbitration

If the dispute is not resolved within sixty (60) days after notice has been provided, either party may elect to submit the dispute to binding individual arbitration administered by National Arbitration and Mediation, conducted in English and held in New York, including remotely by video conference.

The arbitrator has exclusive authority to decide disputes concerning the arbitrability, enforceability, interpretation, formation, and scope of this arbitration agreement. Judgment on the arbitration award may be entered in any court with jurisdiction.

All proceedings, negotiations, discussions, submissions, and arbitration awards will be kept confidential except as required by law or as necessary to enforce an award.

This Arbitration Agreement does not preclude either party from seeking injunctive or equitable relief in a court of competent jurisdiction, including relief concerning alleged unlawful use of intellectual property, unauthorized access, security threats, or misuse of the Services.

26.4 No Class Actions

YOU AND NIKA AGREE THAT EACH MAY BRING CLAIMS AGAINST THE OTHER ONLY IN AN INDIVIDUAL CAPACITY AND NOT AS A PLAINTIFF, CLASS MEMBER, OR REPRESENTATIVE IN ANY CLASS, COLLECTIVE, CONSOLIDATED, PRIVATE-ATTORNEY-GENERAL, OR REPRESENTATIVE ACTION. THE ARBITRATOR MAY NOT CONSOLIDATE CLAIMS OF MULTIPLE PERSONS OR PRESIDE OVER A CLASS, COLLECTIVE, CONSOLIDATED, OR REPRESENTATIVE PROCEEDING.

26.5 Jury-Trial Waiver

TO THE MAXIMUM EXTENT PERMITTED BY LAW, YOU AND NIKA WAIVE ANY RIGHT TO A JURY TRIAL.

26.6 One-Year Claim Period

Any claim arising out of or relating to these Terms or the Services must be brought within one (1) year after the claim accrues, unless applicable law requires a longer period. Otherwise, the claim is permanently barred.

27. Suspension and Termination

Nika may suspend, restrict, disable, or terminate your access to the Services or any feature at any time, with or without notice, if Nika believes that you violated these Terms or law; are a Restricted Person; attempted to bypass a restriction; created legal, regulatory, security, operational, or reputational risk; were restricted by a third-party provider; are affected by app-store requirements; continued access may harm Nika, users, or third parties; or Nika decides to modify, discontinue, or replace the Services.

You may stop using the Services at any time. Termination does not affect provisions that by their nature should survive, including provisions concerning risk, fees, taxes, intellectual property, User Content, disclaimers, limitation of liability, indemnification, arbitration, rewards, and general terms.

Nika’s suspension or termination of access to its interface does not give Nika custody or control over assets held in your self-custodial Wallet.

28. Rewards, XP, Referrals, Affiliates, and Promotional Programs

Nika may offer referral, affiliate, XP, loyalty, points, quest, cashback, trading-reward, fee-rebate, promotional, airdrop-related, or other incentive programs (collectively, the “Programs”). Program details may be posted in the Services, on the Nika website, or in separate communications or terms. Program information, eligibility criteria, rates, payout structures, calculation methods, and benefits may change at any time in Nika’s sole discretion.

Programs are discretionary marketing and loyalty features. All payouts, rewards, rebates, credits, affiliate payments, XP, and other benefits are calculated and paid at Nika’s sole discretion. No Program creates a contractual entitlement, vested right, ownership interest, investment interest, profit interest, wage, commission, security, commodity interest, financial product, deposit, interest, yield, or guaranteed compensation.

Unless expressly stated in separate written terms, XP, points, badges, ranks, statuses, credits, eligibility scores, reward estimates, leaderboard positions, multipliers, and other Program metrics have no cash value, are not money or property, are not transferable or redeemable for fiat, and are not guaranteed to convert into tokens, digital assets, stablecoins, rebates, credits, or any other benefit.

You may not refer yourself, refer accounts you own or control, create multiple accounts to obtain benefits, coordinate with others to artificially generate benefits, manipulate metrics, generate artificial activity, or otherwise engage in self-referral or Program manipulation. Nika may determine in its sole discretion whether activity constitutes self-referral, fraud, abuse, manipulation, or conduct inconsistent with a Program’s intended purpose.

Nika may void, reverse, claw back, withhold, reduce, modify, delay, cancel, or permanently forfeit any reward, XP, rebate, credit, affiliate payment, fee reduction, trading reward, cashback, or other benefit obtained through self-referral, multiple accounts, manipulation, fraud, abuse, wash trading, sybil activity, artificial volume, prohibited activity, eligibility misrepresentation, restricted-jurisdiction access, technical error, provider restriction, or violation of these Terms or applicable Program terms.

You may not make unauthorized representations, guarantees, or promises to any third party about Nika, the Services, a Program, rewards, XP, affiliate payments, returns, fees, trading results, eligibility, or availability. You may not use a Program to promote unlawful activity or induce unsuitable or unlawful trading.

Nika may modify, suspend, restrict, or cancel any Program at any time, with or without notice, including its eligibility criteria, rates, calculation methods, claim methods, payout schedules, tiers, benefits, or duration. Nika may also suspend or terminate your participation or account at any time. Any dispute about Program eligibility, metrics, calculations, payouts, rewards, XP, or benefits will be reviewed and decided by Nika in its sole discretion, and you agree to be bound by that decision to the fullest extent permitted by law.

Programs may be unavailable or restricted based on location, citizenship, residence, provider eligibility, sanctions status, KYC/KYB status, app-store region, risk controls, or law. Nika may require identity, tax, KYC, AML, sanctions, or other compliance information as a condition of Program participation or benefit distribution, and may report or withhold amounts where required by law.

You acknowledge that Programs, rewards, XP, affiliate payments, and related information may be inaccurate, delayed, unavailable, or changed. TO THE MAXIMUM EXTENT PERMITTED BY LAW, YOU RELEASE AND HOLD HARMLESS NIKA AND THE NIKA PARTIES FROM LOSSES, DAMAGES, OR CLAIMS ARISING FROM THE PROGRAMS, ANY DECISION NIKA MAKES WITH RESPECT TO THEM, OR ANY INFORMATION NIKA PROVIDES ABOUT THEM, EVEN IF THAT INFORMATION IS INACCURATE.

29. App Store Terms

If you download or use the App through Apple’s App Store, Google Play, or another app-store or distribution platform, your use may also be subject to that platform’s terms, rules, and policies.

If you download the App from Apple’s App Store: (a) these Terms are between you and Nika, not Apple; (b) Apple is not responsible for the App or its content; (c) Apple has no obligation to provide maintenance or support; (d) to the extent any warranty exists and is not disclaimed, Apple’s only warranty obligation is to refund any purchase price paid for the App; (e) Apple is not responsible for product-liability, regulatory, consumer-protection, intellectual-property, or legal-conformity claims concerning the App; (f) you represent that you are not located in a country subject to a U.S. government embargo or designated as terrorism-supporting and are not on a U.S. restricted-party list; and (g) Apple and its subsidiaries are third-party beneficiaries of these Terms and may enforce them against you.

If you download the App from Google Play: (a) these Terms are between you and Nika, not Google; (b) Google is not responsible for the App or its content; (c) Google has no obligation to provide maintenance or support; (d) Google is not responsible for claims relating to the App, including product-liability, regulatory, consumer-protection, intellectual-property, or legal-conformity claims; and (e) Google and its affiliates are third-party beneficiaries of these Terms and may enforce these Terms against you.

30. Changes to the Services

Nika may modify, update, suspend, discontinue, replace, restrict, or remove any part of the Services at any time, with or without notice. Nika may add, remove, or modify supported wallets, wallet providers, chains, tokens, protocols, venues, markets, positions, features, eligibility requirements, regions, fees, rewards, APIs, user interfaces, social functions, copy-trading functions, and integrations.

Nika is not liable for changes, suspensions, discontinuations, restrictions, outages, provider decisions, or loss of access.

31. Electronic Communications

By using the Services, you consent to receive electronic communications from Nika, including notices, disclosures, updates, risk warnings, support messages, security messages, and other communications. Electronic communications satisfy any legal requirement that communications be in writing. You are responsible for maintaining accurate contact information and reviewing notices posted through the Services.

32. General Terms

These Terms, the Privacy Policy, and incorporated supplemental terms constitute the entire agreement between you and Nika concerning the Services and supersede prior agreements concerning the same subject matter.

If any provision is held invalid or unenforceable, it will be limited or eliminated to the minimum extent necessary, and the remaining provisions will remain in effect. Nika’s failure to enforce a provision is not a waiver.

You may not assign or transfer these Terms or your rights or obligations without Nika’s prior written consent. Nika may assign or transfer these Terms without restriction, including in connection with a merger, acquisition, reorganization, financing, sale of assets, or operation of law.

No person other than you, Nika, Nika’s affiliates, the Nika Parties, third-party beneficiaries described in these Terms, and applicable app-store providers has rights under these Terms.

Nika is not liable for delay or failure to perform caused by events beyond its reasonable control, including blockchain failure, network congestion, smart-contract failure, provider outage, cyberattack, legal or regulatory change, app-store action, natural disaster, war, terrorism, labor dispute, power failure, internet failure, or other force-majeure event.

33. Contact

All feedback, comments, requests for technical support, and other communications relating to the Services should be directed to: [email protected].