Terms of Use

1. Agreement to Terms

By launching, compiling, downloading, or connecting your cryptocurrency wallet to the Dream mobile terminal application (referred to herein as "Dream", "the Terminal", "our App", or "the Platform"), you acknowledge and represent that you have read, understood, and agreed to be bound by these Terms of Use ("Terms").

If you do not agree with any component of these Terms, you are prohibited from accessing the platform or transacting across any features.

2. Fully Client-Side & Self-Custodial Terminal

Dream is a mobile interface client designed to facilitate direct interactions with the Phoenix Perpetuals decentralized exchange protocol on the Solana blockchain.

CRITICAL FACTOR: DREAM IS FULLY CLIENT-SIDE. THERE ARE NO INTERMEDIARY CUSTODY OR TRADE-ROUTING SERVERS.

We do not control, manage, or hold private keys, seed phrases, or credentials.
We do not act as an onchain exchange proxy. All order packages are signed on-device.
All asset balances you trade reside within onchain Solana exchange contracts, completely outside of our platform influence.

3. Authentication Integration Providers

Our Terminal provides wallet authentication through third-party services:

Privy Embedded SDK: Supports non-custodial key generation via email OTP or federated OAuth credentials. Your keys remain inside Privy's managed wallet infrastructure.
Solana Mobile Wallet Adapter (MWA): Enables connection and message authorization with external local client apps, including Phantom and Solflare.

It is your sole responsibility to safeguard your account keys, authentication access credentials, and devices. Any transaction authenticated with your signature is irreversible.

4. High-Risk Trading Warning & Liquidations

Perpetual futures include margin and leverage risk. Trading virtual futures or borrowing assets carries extremely high volatility risk.

Positions can be automatically liquidated if the underlying mark price crosses your designated threshold. You must evaluate your individual risk tolerance, equity buffers, and slippage tolerance before initiating leverage. Dream is not liable for losses incurred due to trading operations.

5. Fees and Charges

Trades executed on chain may be assessed protocol taker fees, maker rebates, and Solana network fees.

Dream implements an integration taker-fill builder fee powered by the Phoenix Flight Builder Fee program. These parameters are disclosed within confirmation screens prior to submitting any order.

6. Prohibited Actions & Jurisdictions

You warrant that you will not use Dream if virtual digital assets, leverage derivatives, or perpetual futures platforms are illegal or restricted in your jurisdiction.

You agree not to bypass geographical restrictions, execute denial-of-service activity against network RPCs, or use coordinated automation to corrupt live copy-trading indicators.

7. Disclaimer of Warranties & Limitation of Liability

THE PLATFORM IS PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT REPRESENTATIONS OF ANY NATURE. WE OFFER NO WARRANTY OF UNINTERRUPTED AVAILABILITY, COMPILER RELIABILITY, OR FREEDOM FROM BLOCKCHAIN VULNERABILITIES.

To the maximum extent permitted by applicable laws, Dream Labs and its engineering members shall not be liable for direct, indirect, incidental, special, punitive, or consequential damages, including asset loss, smart contract exploits, or network disruptions, arising out of your reliance on client-side terminal tools.