Terms of Use
Last updated on July 31, 2025Welcome to Kinetiq’s website and platform (accessible at https://kinetiq.xyz) (the "Platform") and the suite of features, services, and applications made available thereon (collectively, the "Services"), provided and operated by Kinetiq Labs (the "Company", "we", "our", or "us"). These Terms of Use (the "Terms") govern your access to and use of the Platform and Services and constitute a legally binding agreement between you and the entity you represent ("you" or "your").
By accessing and/or using the Platform and any of the Services, you agree to be bound by these Terms and our Privacy Policy. If you do not agree, you are not permitted to access or use Kinetiq’s Platform or Services.
1. Eligibility
You affirm that you are:
- Not prohibited or restricted from accessing the Platform or Services by any laws or regulations applicable to you.
- An adult of the legal age of majority in your jurisdiction.
- Not a citizen of or located in any Restricted Jurisdiction, nor subject to applicable sanctions or prohibitions.
2. Access and Use
The Platform operates a decentralized network of validators for staking on the Hyperliquid blockchain ("Kinetiq Network"). The Platform may allow you to:
- Store digital assets in self-custodial wallets.
- Connect a third-party or native Digital Wallet to interact with the Platform.
- Access decentralized applications (Dapps) in the Hyperliquid ecosystem.
- Stake assets, mint k-Liquidity Tokens (e.g., kHYPE), and use them in lending, borrowing, and liquidity operations.
Access to certain features may require additional credentials or conditions, including creating an account linked to your email.
3. User Responsibilities
- You are solely responsible for all activities under your account or wallet.
- You must maintain confidentiality of your private keys and login credentials.
- You acknowledge risks associated with blockchain transactions, including potential asset loss.
- You agree not to use the Platform for illegal, fraudulent, or unauthorized activities.
- You represent that all assets you use are lawfully owned or controlled by you.
4. Staking Feature
The Staking Feature is provided to facilitate participation in securing the Hyperliquid blockchain and is not a financial service. Rewards, if any, are determined by underlying blockchain protocols or third-party Dapps, not by Kinetiq. Staking is non-custodial, meaning:
- Assets remain in your control.
- Minimum lock-up or cooldown periods may apply.
- Withdrawals depend on third-party protocols and may be delayed or restricted.
Kinetiq does not guarantee rewards or asset returns from staking.
5. Restrictions
You agree not to:
- Use the Platform for market manipulation or illegal trading practices.
- Engage in harmful activities such as hacking, exploiting vulnerabilities, or using unauthorized bots.
- Circumvent security measures or geo-blocking restrictions.
- Violate intellectual property rights or impersonate others.
- Access the Platform from prohibited jurisdictions.
Kinetiq may suspend or revoke access for violations.
6. Fees and Taxes
Use of Services may incur:
- Platform fees on transactions.
- Gas fees imposed by underlying blockchains.
- Third-party fees for Dapps or protocols.
All fees are non-refundable, and you are responsible for applicable taxes on your activities.
7. Intellectual Property
All Kinetiq trademarks, software, designs, graphics, and related content ("Kinetiq Assets") are owned by Kinetiq or its licensors. You are granted a limited, non-transferable license to access and use the Platform for personal, non-commercial purposes only.
Feedback you provide may be used freely by Kinetiq without compensation.
8. Third-Party Services
The Platform may include links or integrations with third-party services or Dapps. Your use of third-party services is at your own risk and governed by their respective terms. Kinetiq is not responsible for third-party actions or failures.
9. Data Protection and Privacy
Use of the Platform involves collection and processing of personal data as outlined in our Privacy Policy.
10. Disclaimers and Risks
- The Platform and Services are provided “as is” with no warranties of any kind.
- Blockchain-based transactions are inherently risky and may result in partial or total loss of assets.
- Kinetiq does not provide investment, legal, or tax advice.
- We do not control third-party protocols or guarantee network performance.
- You assume full responsibility for your use of the Platform and any resulting outcomes.
11. Limitation of Liability
To the fullest extent permitted by law, Kinetiq, its affiliates, and partners are not liable for any indirect, incidental, or consequential damages, including loss of assets, data, or profits, arising from your use of the Platform.
12. Dispute Resolution
These Terms are governed by applicable laws. Any disputes must be resolved through binding individual arbitration, and you waive any right to participate in a class action lawsuit.
13. Changes to Terms
We may modify these Terms at any time. Continued use of the Platform constitutes acceptance of updated Terms.
14. Contact Us
For questions or concerns about these Terms:
- Email: contact@kinetiq.xyz