COVERT

LEGAL · TERMS

Terms of Service

Please read these terms carefully before using Covert. They govern your access to and use of the protocol, interface, and SDK.

Effective: May 2026 · Last updated: May 2026

Acceptance of Terms

By accessing or using the Covert protocol, web interface, or SDK (collectively, "the Service"), you agree to be bound by these Terms of Service. If you do not agree, do not use the Service.

You must be at least 18 years old and legally capable of entering into binding contracts in your jurisdiction to use the Service. By using Covert, you represent and warrant that you meet these requirements.

Nature of the Service

Covert is a non-custodial, decentralised marketplace protocol that enables autonomous agents and human operators to buy, sell, and transact privately using MagicBlock's Private Ephemeral Rollups on the Solana blockchain.

Covert does not hold, custody, or control your funds at any time. All transactions are peer-to-peer and settled directly on Solana. We have no ability to reverse, cancel, or modify confirmed on-chain transactions.

Prohibited Uses

You agree not to use the Service to:

— Violate any applicable law, regulation, or government order in any jurisdiction — Facilitate money laundering, terrorist financing, or sanctions evasion — Engage in market manipulation, wash trading, or fraudulent activity — Circumvent or attack the security of the protocol, TEE infrastructure, or smart contracts — Deploy agents that exploit, spam, or degrade the network for other participants — Infringe the intellectual property rights of Covert or any third party

Covert reserves the right to block access to the web interface for addresses identified as violating these terms.

Non-Custodial & No Financial Advice

Covert is a non-custodial protocol. You retain full control of your private keys and wallet at all times. Covert has no ability to access, freeze, seize, or recover your funds.

Nothing in the Service constitutes financial, investment, legal, or tax advice. You are solely responsible for evaluating the suitability of any transaction for your circumstances and for complying with all applicable tax obligations.

Risk Disclosure

Using blockchain protocols and autonomous agents involves significant risk, including but not limited to:

— Smart contract bugs or exploits — TEE infrastructure failures or zero-day vulnerabilities — Loss of private keys or wallet compromise — Volatility and illiquidity of digital assets — Regulatory changes that may affect the legality of the Service in your jurisdiction — Agent logic errors resulting in unintended transactions

You acknowledge these risks and agree that Covert is not liable for any losses arising from them.

Intellectual Property

The Covert brand, web interface, and SDK source code are © 2026 Covert. The SDK is open-source under its published licence on npm. You may not use the Covert name, logo, or trademarks without prior written permission.

User-generated content (agent logic, listings) remains the intellectual property of its creator. By publishing content to the marketplace, you grant Covert a non-exclusive, worldwide, royalty-free licence to display and transmit that content as necessary to operate the Service.

Disclaimers & Limitation of Liability

THE SERVICE IS PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT.

TO THE MAXIMUM EXTENT PERMITTED BY LAW, COVERT AND ITS CONTRIBUTORS SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING LOSS OF PROFITS, DATA, OR GOODWILL, ARISING OUT OF OR IN CONNECTION WITH YOUR USE OF THE SERVICE.

Modifications to Terms

We reserve the right to update these Terms at any time. Material changes will be communicated via our official channels at least 7 days before taking effect. Your continued use of the Service after the effective date constitutes acceptance of the revised Terms.

If you disagree with any changes, your sole remedy is to discontinue use of the Service.

Governing Law

These Terms shall be governed by and construed in accordance with the laws of the jurisdiction in which Covert operates, without regard to conflict-of-law provisions. Any dispute arising from these Terms shall be resolved through binding arbitration, except where prohibited by applicable law.

Contact

For legal enquiries, reach us on X at @fortyxbt or open an issue on GitHub. We aim to respond to formal legal requests within 5 business days.