Last Updated: January 21, 2025
These Terms of Service ("Terms"), together with the Risk Disclaimer and Privacy Policy constitute a legally binding agreement between you ("user", "you", "your") and Crystal Labs ("Crystal", "we", "our", "interface" or "us") governing your access to and use of the platform, including any associated websites, interfaces, smart contracts, and related services (collectively, the "Services"). By accessing or using the Services in any manner, you acknowledge that you have read, understood, and agree to be bound by these terms. If you do not agree to these Terms in their entirety, you are prohibited from using the Services.
The interface serves as a user endpoint to simplify interaction with a decentralized, non-custodial fully on-chain peer-to-peer trading platform. These Terms outline the conditions under which you may access and use Crystal, as well as your rights, obligations, and limitations in connection with such use.
1. Eligibility and User Representations
By accessing or using the platform, you expressly represent and warrant that you have the full right, power, and authority to enter into and comply with these Terms. You further represent that you are accessing or using the platform for your own account, and not on behalf of any other persons or entity unless you have express authorization to do so.
You acknowledge and agree that your use of the platform may be restricted or prohibited based on your citizenship, residency, or location. The Services are not offered to any persons who reside in, are citizens of, are located in, are incorporated in, or have a registered office in any restricted territory, or any jurisdiction where use of the platform would be contrary to applicable law or regulation. By using Crystal, you represent and warrant that you are not subject to any such restrictions.
2. Prohibited Activity
Users must comply with all applicable laws, regulations, and requirements in their jurisdiction, including but not limited to securities laws, commodities regulations, tax obligations, and anti-money laundering requirements. Crystal may implement technical restrictions or compliance measures as required by applicable law or regulation. Users are solely responsible for determining whether their use of the interface complies with applicable laws and regulations in their jurisdiction.
Any attempt to interfere with the normal operation of the exchange, including but not limited to attempting to override or manipulate the smart contracts, overloading the network with unnecessary transactions, or attempting to extract value through exploitation of technical vulnerabilities, is strictly prohibited. Users found to be engaging in prohibited activities may have their access to the interface restricted, and may face other consequences as determined by local laws and regulations.
3. Data Collection
For information on how we collect, use, and protect your data, refer to our Privacy Policy. By interacting with Crystal, you agree to the practices outlined in the Privacy Policy.
4. Limitations and Restrictions
Crystal Labs is not responsible for any problems or technical malfunctions of any internet, blockchain network, online systems, servers, providers, computer equipment, software, or messaging platforms.
If, for any reason, the interface is not functioning as intended, including but not limited to errors, bugs, tampering, unauthorized intervention, fraud, technical failures, or other causes beyond Crystal Labs's control that affect the administration, security, fairness, integrity, or proper operation of the Services, we reserve the right to:
1. Cancel, terminate, or suspend the affected interface features
2. Implement any necessary technical, administrative, or operational measures to address the issue
You acknowledge and agree that Crystal Labs is not liable for losses, damages, or interruptions caused by such technical or operational issues. Users are encouraged to review the Risk Disclaimer for further details on the inherent risks of decentralized exchanges.
5. Changes to the Interface and Terms
Crystal reserves the right to modify, suspend, or discontinue any part of the interface or these Terms at any time without prior notice. Changes may be necessary due to evolving legal, technological, or market conditions.
When changes are made, the updated Terms will be posted with a revised "Last Updated" date. Where appropriate, Crystal Labs may notify users of significant changes through the interface or other communication channels. However, it is your responsibility to review these Terms regularly to remain informed of recent updates.
Your continued use of Crystal Labs after changes are made constitutes acceptance of revised Terms. If you do not agree to the updated Terms, you must immediately cease using the interface.
6. Release of Claims
By using any interface created by Crystal Labs, you expressly assume all risks associated with decentralized trading and blockchain technology. You waive and release Crystal Labs and its affiliates from any claims, damages, or liabilities arising from your usage of the Services.
For a detailed explanation of risks and your responsibility as a user, refer to the Risk Disclaimer.
7. Indemnity
You agree to indemnify, defend, and hold harmless Crystal Labs, its team members, employees, affiliates, and subsidaries from and against all claims, damages, losses, liabilities, costs, and expenses arising from:
1. Your access to or use of the interface
2. Your violation of these Terms or applicable laws
3. Your infringement of any third-party rights, including intellectual property rights
4. Any unauthorized use of the interface through your account or wallet
8. Limitation of Liability
This interface is provided on an "as-is" and "as-available" basis without any warranties, express or implied. To the fullest extent permitted by law, Crystal Labs and its team members, employees, affiliates, or subsidaries disclaim all liability for any indirect, direct, incidental, consequential, special, or punitive damages arising from your use of the platform. Crystal Labs does not guarantee the accuracy, completeness, or reliability of any content, information, or services provided on the platform.
We disclaim liability for, but are not limited to, the following:
(a) Errors, inaccuracies, or omissions in the content, information, or services provided through the platform
(b) Any personal harm, property damage, or losses resulting from the use of the platform
(c) Unauthorized access to or use of any information, data or interactions with the platform, including the compromise of private keys, wallets, and sensitive information
(d) Losses or damages resulting from technical risks outlined above, including but not limited to blockchain issues, malware, bugs
(e) Losses or damages resulting from the use of, or inability to use, any feature or content provided on the platform
(g) Defamatory, illegal, or otherwise offensive actions of any third party, including but not limited to other users of the platform
Under no circumstances shall Crystal Labs or any of its team members, employees, affiliates, or subsidaries be liable to you for any claims, proceedings, liabilities, obligations, damages, or losses. This limitation applies regardless of the legal theory under which such liability is alleged, including but not limited to contract, tort, negligence, or strict liability, even if Crystal Labs has been advised of the possibility of such damages.
Some jurisdictions may not allow the exclusion of certain warranties or the limitation of liability for specific damages. As a result, parts of this limitation of liability may not apply to you. However, the limitations outlined will apply to the fullest extent permitted by applicable law.
9. Contact Information
For questions or concerns about these Terms, please contact us at [email protected]. Updates to these Terms may be communicated through the Interface or other official communication channels.