Balancer — Terms

Acceptance of Terms

By accessing or using the Balancer interface available at balancer.fi, including any associated APIs, smart contract interactions facilitated through the frontend, or related services, you agree to be bound by these Terms of Service in their entirety. If you do not agree with any part of these terms, you must immediately discontinue your use of the interface. These terms constitute a legally binding agreement between you and the entity operating the Balancer frontend, and they govern all aspects of your use of the service. The underlying smart contracts deployed on public blockchains operate autonomously and are not subject to these terms — your interactions with those contracts are governed solely by their on-chain code. Accessing this crypto swap service from a jurisdiction where such activity is restricted or prohibited is done at your own risk and legal liability. The team reserves the right to update these terms at any time, and your continued use of the platform following any update constitutes acceptance of the modified terms.

Eligibility to Use Balancer

To use the Balancer interface, you must be at least 18 years of age and have the legal capacity to enter into binding agreements under the laws of your jurisdiction. Users located in jurisdictions subject to comprehensive financial sanctions, including those maintained by the United States Office of Foreign Assets Control (OFAC), the European Union, or the United Nations, are prohibited from accessing or using the service. The platform implements geo-restriction and wallet screening measures to comply with applicable sanctions laws, though these measures may not catch every prohibited user. By using this exchange, you represent and warrant that you are not located in a prohibited jurisdiction, are not a sanctioned individual or entity, and are not accessing the interface on behalf of any prohibited party. Eligibility to use the service does not imply that any specific financial transaction conducted through the underlying protocol is legal or appropriate in your jurisdiction. Consulting a qualified legal or financial advisor before engaging with DeFi protocols is strongly recommended.

Account and Wallet Terms

The Balancer interface does not require the creation of a traditional user account — access is provided through the connection of a compatible self-custodial cryptocurrency wallet, such as MetaMask, Ledger, or WalletConnect-compatible wallets. You are solely and exclusively responsible for the security of your wallet, including your private keys, seed phrases, and any hardware devices used to access the service. The platform cannot recover lost private keys, reverse unauthorized transactions, or restore stolen funds under any circumstances. Any actions taken through a wallet connected to the interface are your sole responsibility, regardless of whether they were authorized by you or resulted from a security compromise of your personal devices. The service does not take custody of your assets at any point — all tokens remain in your wallet or within the decentralized smart contracts at all times. Securing your wallet with hardware-based authentication and maintaining offline backups of your seed phrase are minimum recommended security practices.

Permitted Use of the Service

The Balancer interface is provided for lawful use in connection with interacting with the Balancer decentralized protocol, including token swaps, liquidity provision, pool creation, and governance participation. Users may access and use the frontend for personal, non-commercial purposes in accordance with these terms and all applicable laws. The service may be used programmatically through any publicly available APIs or SDKs, provided such use does not violate these terms or impair the functionality of the interface for other users. The tool is intended for users who possess sufficient technical knowledge to understand the risks of interacting with decentralized smart contracts and automated market makers. This exchange is not a regulated broker, exchange, or financial advisor, and nothing presented through the interface constitutes investment advice, financial advice, or a solicitation to trade. Users are responsible for determining the tax implications of all transactions conducted through the protocol in their respective jurisdictions.

Intellectual Property Rights

The Balancer name, logo, visual design elements, and proprietary frontend code are protected intellectual property owned by or licensed to the entity operating the interface, and they may not be reproduced, distributed, or used for commercial purposes without explicit written permission. The underlying smart contract code is open source and released under applicable open-source licenses, which govern the terms under which it may be forked, modified, or redistributed. All content on the balancer.fi website, including documentation, marketing materials, and educational resources, is the intellectual property of the respective creators and is protected by copyright law. Users are granted a limited, non-exclusive, revocable license to access and use the interface solely for its intended purpose as described in these terms. Nothing in these terms transfers any intellectual property rights to the user beyond this limited license. Unauthorized use of the platform's intellectual property may result in civil or criminal liability under applicable law.

Prohibited Conduct on Balancer

Users of the Balancer interface are prohibited from engaging in any activity that is illegal, deceptive, harmful, or disruptive to the protocol or its community. Specifically prohibited conduct includes attempting to manipulate token prices through wash trading or coordinated market manipulation, exploiting vulnerabilities in the smart contracts in ways not sanctioned by the protocol's bug bounty program, deploying automated bots that degrade interface performance for other users, and attempting to circumvent geo-restrictions or sanctions screening measures. Using the service to facilitate money laundering, terrorist financing, or the evasion of financial sanctions is strictly prohibited and may be reported to relevant law enforcement authorities. Impersonating the Balancer team, official community accounts, or other users for the purpose of fraud or social engineering is a serious violation of these terms. Any attempt to reverse-engineer, decompile, or tamper with the frontend interface in ways that could compromise its security is prohibited. Violations of these conduct standards may result in immediate suspension of access and referral to appropriate legal authorities.

Disclaimers and Risk Warnings

The Balancer interface and the underlying protocol are provided on an 'as is' and 'as available' basis without warranties of any kind, whether express or implied, including but not limited to warranties of merchantability, fitness for a particular purpose, or non-infringement. DeFi protocols carry significant financial risks, including but not limited to smart contract vulnerabilities, impermanent loss for liquidity providers, oracle manipulation, network congestion and failed transactions, regulatory changes, and extreme market volatility. The service makes no representation that any particular trading strategy or liquidity position will be profitable, and past performance of any pool or token is not indicative of future results. The decentralized nature of the protocol means that no party can halt, reverse, or modify transactions once they are submitted to and confirmed by the blockchain. Users interact with the smart contracts entirely at their own risk, and the interface operator accepts no responsibility for financial losses resulting from normal or abnormal operation of the protocol. Before providing liquidity or trading significant amounts, users should thoroughly understand the mechanics of automated market makers and the specific risks of each pool type.

Limitation of Liability

To the fullest extent permitted by applicable law, the entity operating the Balancer interface, its developers, contributors, officers, and affiliates shall not be liable for any indirect, incidental, special, consequential, or punitive damages arising out of or related to your use of the service, including but not limited to loss of funds, loss of profits, loss of data, or loss of goodwill. In no event shall the total aggregate liability of the interface operator to any user exceed the greater of one hundred US dollars ($100) or the fees paid by the user to the interface operator (excluding protocol fees paid to smart contracts) in the twelve months preceding the event giving rise to the claim. This limitation applies regardless of the legal theory under which the claim is brought, whether in contract, tort, strict liability, or otherwise, and even if the interface operator has been advised of the possibility of such damages. Some jurisdictions do not allow the exclusion or limitation of certain categories of damages, so the above limitations may not apply to you in full. Nothing in these terms limits liability for fraud, gross negligence, or willful misconduct. Users who do not accept this limitation of liability should not use the service.

Indemnification

By using the Balancer interface, you agree to indemnify, defend, and hold harmless the interface operator, its developers, contributors, officers, directors, employees, and affiliates from and against any and all claims, damages, losses, liabilities, costs, and expenses (including reasonable attorneys' fees) arising out of or related to your use of the service, your violation of these terms, your violation of any applicable law or regulation, or your infringement of any third-party rights. This indemnification obligation applies regardless of whether the claim is based on contract, tort, statute, or any other legal theory. The service reserves the right to assume exclusive control of the defense of any matter subject to indemnification by you, in which case you agree to cooperate fully with the defense at your own expense. Your indemnification obligations survive the termination of these terms and your cessation of use of the interface. This clause is a material condition of your right to use the platform, and acceptance of these terms constitutes your agreement to these indemnification obligations. Promptly notifying the interface operator of any claim or threatened claim that falls within the scope of this provision is expected of all users.

Dispute Resolution

Any dispute, controversy, or claim arising out of or relating to these Terms of Service or your use of the Balancer interface shall first be subject to good-faith negotiation between the parties for a period of thirty (30) days following written notice of the dispute. If the dispute is not resolved through negotiation, it shall be submitted to binding arbitration administered by a recognized arbitration body under its then-current commercial arbitration rules, with proceedings conducted in English. The arbitration shall take place in a mutually agreed location or, failing agreement, in a jurisdiction determined by the arbitrator. Each party shall bear its own legal fees and costs unless the arbitrator determines otherwise. Nothing in this dispute resolution clause prevents either party from seeking emergency injunctive relief from a court of competent jurisdiction to prevent irreversible harm pending arbitration. Class action lawsuits and class-wide arbitration are expressly waived by users to the fullest extent permitted by applicable law. On-chain transactions that occur through the autonomous smart contracts are not subject to this dispute resolution mechanism, as they are governed solely by the immutable blockchain code.

Termination of Access

The operator of the Balancer interface reserves the right to suspend or terminate your access to the frontend at any time and for any reason, including but not limited to violation of these terms, engagement in prohibited conduct, legal or regulatory requirements, or technical necessity, without prior notice. Access may also be suspended due to maintenance, upgrades, or circumstances outside the control of the interface operator, including blockchain network disruptions or third-party service failures. Termination of access to the frontend does not affect your ability to interact directly with the Balancer smart contracts through other interfaces, your own scripts, or alternative frontends, as the protocol itself is permissionless and decentralized. Upon termination, your license to use the interface is immediately revoked, though any provisions of these terms that by their nature should survive termination will continue to apply. The interface operator is not liable for any losses you experience as a result of a suspension or termination of access. Users who believe their access has been terminated in error may reach out through official community channels for review.

Changes to These Terms

The entity operating the Balancer interface reserves the right to modify these Terms of Service at any time to reflect changes in the protocol, applicable law, business practices, or community governance decisions. Updated terms will be posted at balancer.fi with a revised effective date, and material changes may be communicated through official community channels including the governance forum, Discord, and social media accounts. Your continued use of the interface following the posting of revised terms constitutes your acceptance of the new terms in their entirety. If you disagree with any changes to these terms, your sole recourse is to immediately discontinue your use of the frontend interface — though you remain free to interact with the underlying decentralized smart contracts through other means. The service aims to provide reasonable advance notice of significant changes to these terms wherever practicable. Community members are encouraged to participate in governance discussions about any proposed changes to the terms that may arise from protocol upgrades or regulatory developments affecting the platform.