Terms of Service

1. What Nakivax Is

Nakivax is a non-custodial web application that provides an interface for trading tokenized real-world assets (xStocks) on the Solana blockchain using the Jupiter decentralized exchange aggregator.

The application is currently in a pre-release demo stage and has not been officially launched to the public. Features may change, break, or be removed at any time without notice.

2. Non-Custodial Architecture

Nakivax is built as a fully non-custodial application. This means:

• Your private key is generated locally on your device and never transmitted to any Nakivax server.
• Your private key is stored encrypted on your own device using AES-GCM encryption, protected by a password you choose.
• Nakivax has no ability to access, recover, or reset your wallet or funds.
• If you lose your private key or forget your password, your funds cannot be recovered by anyone, including Nakivax.

You are solely responsible for the security of your device, your password, and your private key.

3. Protocol Fee

Nakivax charges a protocol fee of 2% of the input amount on each swap transaction. This fee is deducted from the swap amount and transferred to the Nakivax fee wallet on-chain as part of the signed transaction. The fee is visible in the swap details before you confirm any trade.

All fees are processed transparently on the Solana blockchain and are visible on-chain.

4. No Financial Advice

Nothing provided by Nakivax — including prices, charts, market data, or any other information — constitutes financial, investment, tax, or legal advice. All information is provided for informational and educational purposes only.

Nakivax is not a licensed broker, dealer, investment advisor, or financial institution. You should consult qualified professionals before making any financial decisions.

5. Risk Disclosure

Trading digital assets and tokenized securities carries significant financial risk. You may lose all of the funds you trade. Prices of digital assets are highly volatile and can change rapidly. Past performance is not indicative of future results.

Blockchain transactions on Solana are irreversible. Once confirmed, a transaction cannot be cancelled or reversed by Nakivax or by you.

Nakivax does not guarantee the availability, accuracy, or reliability of prices, market data, or third-party services (including Jupiter and Backed Finance).

6. xStocks — Third-Party Tokenized Assets

The tokenized assets available on Nakivax (referred to as “xStocks”) are issued by Backed Finance AG, a third-party company independent from Nakivax. Nakivax has no affiliation with, control over, or responsibility for Backed Finance AG or its products.

xStocks may be subject to their own terms, conditions, and risks as defined by Backed Finance AG. You are responsible for reviewing those terms independently.

7. Availability

Nakivax is provided “as is” and “as available.” We make no guarantee that the application will be continuously available, error-free, or functional. The application may be suspended, modified, or discontinued at any time without prior notice.

8. Limitation of Liability

To the fullest extent permitted by applicable law, Nakivax and its developers shall not be liable for any direct, indirect, incidental, or consequential losses arising from your use of the application, including but not limited to loss of funds, failed transactions, or price movements.

9. Changes to These Terms

These terms may be updated at any time. The “last updated” date at the top of this page reflects the most recent revision. Continued use of the application after changes constitutes acceptance of the updated terms.

For questions: nakivax@hotmail.com