Terms Of Use

Last Updated: 25 September 2026

These Terms of Use constitute a legally binding agreement between you ("you" or "your") and the Pump Entities and their affiliates (as defined in Section 32) (collectively, "Pump", "we", "our" or "us"). The Terms govern your use of all Pump Services made available to you on or through the Pump Platform or otherwise. Pump Services may be developed, maintained, and/or provided by the Pump Entities or affiliates.

By accessing the Pump Platform and/or using the Pump Services, as defined in these Terms, you agree that you have read, understood and accepted these Terms, together with the Incorporated Documents (as defined in Section 1.5). You acknowledge and agree that you will be bound by and will comply with these Terms, as updated and amended from time to time. BY ACCESSING THE PUMP PLATFORM AND USING PUMP SERVICES, YOU IRREVOCABLY WAIVE YOUR RIGHT TO PARTICIPATE IN A CLASS ACTION OR SIMILAR MASS ACTION IN ANY JURISDICTION OR BEFORE ANY TRIBUNAL AS STATED IN SECTION 27.4. YOU ALSO EXPRESSLY AGREE THAT ANY CLAIMS AGAINST ANY PUMP-RELATED ENTITY OR AFFILIATE WILL BE SUBJECT TO MANDATORY, BINDING ARBITRATION AS STATED IN SECTION 27.

If you do not understand and accept these Terms in their entirety, you should not use the Pump Platform.

RISK WARNING

The Pump Platform and Pump Services generally involve interacting with User-Generated Digital Assets in various ways. Neither the Pump Entities nor any affiliates are responsible for User-Generated Digital Assets that you may, in your sole discretion, engage with on the Pump Platform or via the Pump Services. Please ensure that you fully understand the risks involved with User-Generated Digital Assets before using the Pump Platform and Pump Services.

The value of User-Generated Digital Assets, especially memecoins that are commonly found on the Pump Platform and as part of the Pump Services, can fluctuate significantly and there is a material risk of economic loss when buying, selling, holding or investing in any Digital Asset. You should therefore consider whether participating on the Pump Platform in general or Pump Services specifically is suitable for you taking into account your personal circumstances, financial, or otherwise.

You acknowledge that we are not your broker, intermediary, agent or advisor and we have no fiduciary relationship or obligation to you in connection with any activities you undertake when using the Pump Platform or Pump Services. We do not and are not providing any investment or consulting advice and no communication or information that we provide to you is intended to be, or should be construed as, advice of any kind. We do not recommend that any User-Generated Digital Asset be bought, earned, sold or held by you under any circumstances.

You are responsible for determining whether any User-Generated Digital Asset is appropriate for you to acquire, transact in, or otherwise use on the Pump Platform or with Pump Services based on your personal investment objectives, financial circumstances and risk tolerance and you are responsible for any associated loss or liability. Before making the decision to buy, sell or hold any User-Generated Digital Asset, you should conduct your own due diligence on the Digital Asset and its creator and, where appropriate, consult your financial advisor. We are not responsible for the decisions you make to buy, earn, sell or hold Digital Assets based on the information or services provided by us or by users themselves through the Pump Platform or Pump Services, including any losses you may incur based on your decisions.

The Pump Entities do not endorse, verify, or take responsibility for any Supported Pair Asset. You should conduct your own due diligence on each Supported Pair Asset and its Pair Asset Issuer before using it. See Section 30A.

Perpetual Contracts accessed through the Perpetuals Feature are leveraged derivative instruments. Trading them can result in the rapid loss of all of the collateral you post, and your positions may be liquidated automatically, without notice to you, at prices determined by Hyperliquid's oracle, mark price and liquidation mechanics rather than by you. Funding payments may accrue against your position for as long as it remains open. The prices, margin requirements and liquidation levels displayed on the Pump Platform are indicative only and may differ from those at which Hyperliquid actually executes. The Perpetuals Feature is provided through Hyperliquid, a third-party protocol that no Pump Entity operates or controls, and is not available to persons in the United States or certain other jurisdictions. See Section 30B.

1. Introduction

1.1. The Pump Entities and their affiliates develop, maintain, operate, and provide access to the Pump Platform and Pump Services.

1.2. By using the Pump Platform or any of the Pump Services you are entering into a legally binding agreement with all Pump Entities and their affiliates. These Terms will govern your use of the Pump Platform and all of the Pump Services.

1.3. You acknowledge that you must read these Terms, together with the documents referenced in the Terms, carefully.

1.4. You expressly agree that you will be bound by, and that you will comply with, any additional terms and conditions that apply to your use of the Pump Platform or any of the Pump Services, including the Incorporated Documents.

1.5. Incorporated Documents. The following documents, as published on the Pump Platform and updated from time to time in accordance with Section 14, are incorporated into and form part of these Terms (the "Incorporated Documents"):

a. the Privacy Notice;

b. the fee schedule published at https://pump.fun/docs/fees (the "Fees Page");

c. the Livestream Moderation Policy published at https://pump.fun/docs/livestream-moderation-policy;

d. the DMCA Policy published at https://pump.fun/docs/dmca-policy;

e. the Trademark Guidelines published at https://pump.fun/docs/trademark-guidelines;

f. the Tokenized Agent Disclaimer published at https://pump.fun/docs/tokenized-agent-disclaimer;

g. the Charity Coins Disclaimer published at https://pump.fun/docs/charitycoins;

h. the Go.fun Terms published at https://pump.fun/docs/go-fun-terms; and

i. the list of Supported Pair Assets and Supported Networks published on the Pump Platform.

The documents in paragraphs (f) to (h) apply only to your use of the Pump Service to which they relate and are "Product-Specific Terms". The order of precedence between these Terms and the Incorporated Documents is set out in Section 32.6.

1.6. Restricted Features. Certain Pump Services are not available to persons located, incorporated or resident in certain jurisdictions, or to certain other categories of person, as identified in these Terms or on the Pump Platform (each such Pump Service, a "Restricted Feature"). As of the date of these Terms, the Perpetuals Feature described in Section 30B is a Restricted Feature. You must not access or use, or attempt to access or use, a Restricted Feature if you are a person to whom it is not available, and you must not assist any other person to do so. We may use geolocation, IP address, device, Wallet, transaction and other signals to determine whether a Restricted Feature is available to you and to restrict access accordingly, and our determination is final.

1.7. Mobile Applications. The pump.fun mobile applications made available through the Apple App Store and Google Play form part of the Pump Platform and are licensed, not sold, to you for use on devices you own or control in accordance with these Terms and the usage rules of the relevant app store. Your download of the applications is also subject to the terms of the Apple App Store or Google Play, as applicable, but the Pump Entities, and not Apple Inc. or Google LLC, are solely responsible for the applications and their content, for maintenance and support, for any product warranties (to the extent not disclaimed), for addressing any claim that the applications infringe a third party's intellectual property rights, and for addressing any claim by you or a third party relating to the applications or your use of them, including any claim under consumer-protection or similar law. You represent that you are not located in a country subject to a U.S. Government embargo or designated as a "terrorist supporting" country and are not listed on any U.S. Government list of prohibited or restricted parties. Apple Inc., Google LLC and their respective subsidiaries are third-party beneficiaries of this Section 1.7 and may enforce it against you.

2. Eligibility

2.1. To be eligible to use the Pump Platform and the Pump Services:

a. you must be an individual, corporation, legal person, entity or other organisation with the full power, authority and capacity to:

(i) access and use the Pump Platform; and

(ii) enter into and comply with your obligations under these Terms, including, in the case of an individual, being at least 18 years of age and of the legal age of majority in your jurisdiction;

b. if you act as an employee or agent of a legal entity, and enter into these Terms on their behalf, you must be duly authorised to act on behalf of and bind such legal entity for the purposes of entering into these Terms;

c. not be located, incorporated, otherwise established in, or resident of, or have business operations in:

i. a jurisdiction where it would be illegal under Applicable Law for you to access or use the Pump Platform and/or Pump Services, or cause us or any third party to contravene any Applicable Law; or

ii. a Prohibited Jurisdiction (as defined in Section 32).

2.2. We may amend our eligibility criteria at any time at our sole discretion. Any such amendment is made in accordance with Section 14.

2.3. Eligibility to use a Restricted Feature is in addition to, and not in place of, the eligibility criteria in Section 2.1. A person who is eligible to use the Pump Platform generally may nonetheless be ineligible to use a Restricted Feature, and the availability of a Restricted Feature to you may change if your location or circumstances change.

3. Pump Platform

3.1. Usage of the Pump Platform and Pump Services is provided at our absolute discretion. We reserve the right to refuse any usage of, or restrict your access to, the Pump Platform and Pump Services for any reason, or without reason at any time.

3.2. You must not post, upload or publish to the Pump Platform any abusive, defamatory, dishonest, or obscene message or any messages intended to manipulate a market or to spread false or misleading information or messages that are otherwise in contravention of Applicable Law. Violating this provision may result in termination of or restrictions on the availability of the Pump Platform and Pump Services to you.

3.3. You must not post, upload or publish to any platform or media, in respect of any User-Generated Digital Asset created using the Pump Services, any message that is intended to manipulate a market, that spreads false or misleading information, or that is otherwise in contravention of Applicable Law. Violating this provision may result in termination of or restrictions on the availability of the Pump Services to you.

3.4. You must not use the Voice Chat Feature to:

a. harass, threaten, or abuse other users;

b. impersonate any person or entity through voice (including synthetic or AI-generated voice);

c. transmit unlawful, deceptive, or misleading Audio Content;

d. manipulate or attempt to manipulate asset prices;

e. record, reproduce, or distribute Audio Content without all necessary consents under Applicable Law.

4. Fees and Calculations

4.1. Fees for use of the Pump Services are set out on the Fees Page, with the exception of fees associated with transactions on EVM Blockchains, which are described in Section 4.7 of these Terms. Pump Entities and affiliates do not charge any fees related to accessing the Pump Platform (e.g., the pump.fun web app, pump.fun/advanced, and the pump.fun mobile app), but reserve the right to do so in their sole discretion in the future.

4.2. You agree to pay all applicable fees in connection with your use of the Pump Services as requested during your use of those services, whether on the Pump Platform or via a separate third-party interface. You understand that the Pump Entities and affiliates do not control any fees charged by third parties you may use to access the Pump Services, and you are solely responsible for payment of any third-party fees.

4.3. You acknowledge and agree that all applicable fees are collected by the relevant smart contracts as part of each Transaction, and you authorise the deduction of those fees from the Digital Assets used in that Transaction. Any other sum that you owe to us under these Terms is payable on demand.

4.4. Amending our fees: We may adjust our fees from time to time by updating the Fees Page in accordance with Section 14. If you do not wish to accept the changed fees, you must cease use of the Pump Platform and relevant Pump Services. Your continued access to or use of the Pump Platform and relevant Pump Services shall be deemed acceptance of the updated fee.

4.5. Calculations: Any calculations of fees made by the Pump Entities or affiliates in connection with your use of the Pump Services are final and binding on you in the absence of Manifest Error.

4.6. Creator Fees and Cashback Coins

Certain tokens launched by users of the Pump Platform may include “Creator Fees”. Creator Fees are fees which are collected by the protocol for each transaction and paid to the creator of the token (except as set forth herein). The Pump Entities make no representations or warranties regarding the Creator Fees to you or any token creator.

Creator Fees are dependent on network conditions, smart contracts, and third-party infrastructure. The Pump Entities do not guarantee that Creator Fees will be successfully charged or distributed for any particular transaction. We are not liable for on-chain failures, network congestion, or other technical issues that may prevent fee collection or payout.

Where possible, the Pump Platform will display an estimated breakdown of Creator Fees, protocol fees, and any other relevant fees prior to transaction confirmation. However, the actual fee applied and charged is determined by the underlying smart contracts and may differ slightly from the displayed estimate, for example due to slippage, network conditions, or rounding.

Creator Fees are routed to one or more designated wallet addresses as configured by the token creator, or as otherwise specified by the applicable smart contract. In some configurations, Creator Fees may be shared among multiple wallets.

The Pump Entities do not control how Creator Fees are ultimately used, distributed, or shared between creators, team members, promoters, referrers, or other third parties. Any such arrangements are strictly between you and those third parties.

You are solely responsible for determining and fulfilling any tax obligations related to Creator Fees or other activity using the Pump Platform, including reporting and remitting income, capital gains, VAT, or similar taxes. The Pump Entities and their affiliates do not provide tax advice in any jurisdiction for any purposes.

You agree that you will use Creator Fees in compliance with all applicable laws and regulations (including securities, commodities, AML, and KYC requirements, as applicable), not use Creator Fees to launder money, finance terrorism, or engage in fraud or other illegal activities and not misrepresent Creator Fee settings, token economics, or related rights to others.

If you make any public statements or marketing materials about tokens using the Creator Fees, you must ensure those statements are accurate and not misleading.

Some Creator Fees may be subject to a community takeover (“CTO”). A CTO occurs when control over Creator Fees and certain admin rights are handed from the original deployer to a new community‑chosen team or individual. CTOs are handled in the sole discretion of the Pump Entities and their affiliates or designees. CTOs may be governed by separate terms, as stated in the CTO application.

The Pump Entities waive all liability, except as explicitly stated herein, for any actions taken with respect to a CTO. By accepting Creator Fees, you acknowledge that those Creator Fees are subject to the CTO process and may be re-routed through the CTO process.

The Pump Platform may support a special launch mode for certain tokens (“Cashback Coins”). In this mode, a portion or all of the fees that would otherwise be allocated as Creator Fees are instead redirected as “Cashback Rewards” to eligible users of the token.

A token launched as a Cashback Coin cannot subsequently be converted by its creator into a token that pays standard Creator Fees. You acknowledge that by choosing cashback mode at launch, the original creator may permanently forgo some or all creator‑fee revenue that would otherwise be payable to the token creator or related Wallets.

Cashback Rewards are funded from on‑chain fees generated by transactions in the relevant Cashback Coin, in such proportion and under such conditions as are encoded in the smart contracts. If there is no activity or insufficient fee generation, no Cashback Rewards will accrue. The timing, mechanics, and amounts of Cashback Rewards are determined by code and may depend on variables outside the control of the Pump Entities, such as network congestion, validator behavior, and third‑party protocol integrations. Rewards may fail to accrue or be distributed in some cases, and there is no guarantee of any minimum or ongoing reward.

Cashback Coins do not guarantee any minimum or fixed rate of return, yield, income, recovery of fees, trading costs, or the value of any tokens or assets.

The present availability of Cashback Rewards does not guarantee the future availability or level of Cashback Rewards.

Cashback Rewards are not interest, dividends, or any other form of guaranteed payment. They are conditional, discretionary, and dependent on network and protocol behavior. You should not treat Cashback Rewards as predictable or assured income.

You are solely responsible for determining the tax treatment of any Cashback Rewards you receive (or are deemed to receive) and for complying with all applicable tax reporting and payment obligations. Cashback Coins and Cashback Rewards may be subject to securities, commodities, or other regulatory frameworks in one or more jurisdictions. We do not provide legal, tax, or investment advice, and do not represent that any Cashback Coin or Cashback Reward is compliant with any particular regulatory regime.

If you are a token creator, admin, promoter, or otherwise have an economic interest in a Cashback Coin (including any share of Cashback Rewards that may be routed to you or your affiliates), you may be subject to additional disclosure or transparency obligations under applicable law.

You agree that you will not misrepresent the existence, rate, or reliability of any Cashback Rewards, the relationship between Cashback Rewards and token price, liquidity, or risk, or any personal financial interest you have in the relevant Cashback Coin.

We are not a party to, and do not police, your disclosures to your users, followers, or investors. You remain solely responsible for compliance with all applicable laws and regulations in connection with such communications.

We may, at our discretion, modify, suspend, or discontinue support for Cashback Coins for new deployments at any time. Existing Cashback Coins may continue to operate solely based on the underlying smart contracts, even if the Pump Platform ceases to provide a user interface.

In cases of critical bugs, exploits, or other security incidents affecting Cashback Coins, we may take emergency measures where technically feasible (for example, disabling certain front‑end actions or prominently warning users). Such measures do not guarantee the security or recoverability of any assets or rewards.

We have no obligation to upgrade, patch, migrate, or otherwise maintain any smart contracts associated with Cashback Coins, except where explicitly stated.

4.7 EVM Transactions. You may initiate Transactions on EVM Blockchains using the Pump Platform. Up to 1% of the value of each such Transaction is collected by the Pump Platform as part of the Transaction. The general purpose of these fees is to pay gas and transaction costs on the EVM Blockchain on which the transaction occurs, however, we do not separately track or account for the actual transaction costs for EVM Blockchain transactions. This rate is configurable by the Pump Platform, and is subject to change.

5. Records and Data Retention

We may collect, use, store, retain, and disclose personal data and other information relating to your access to and use of the Pump Platform and Pump Services for the purposes of providing the Pump Services, maintaining platform security, preventing fraud and market abuse, complying with Applicable Law, enforcing these Terms, resolving disputes, and satisfying tax, accounting, regulatory, and legal recordkeeping obligations.

We retain such information for as long as reasonably necessary to fulfill the purposes described above, including any period required by Applicable Law or legitimate business needs. Our collection, use, retention, and your rights in relation to personal data are further described in our Privacy Notice.

6. Accessing the Pump Platform

6.1. To access the Pump Platform and Pump Services, you must have the necessary equipment (such as a computer or smartphone) and access to the internet. You may access the Pump Platform and Pump Services through such automated means (including bots) as we expressly permit from time to time, provided that such access complies with these Terms, including Section 21(h).

6.2. The use of the Pump Platform and other access methods may be subject to such additional terms as we require from time to time and which we will communicate to you. We may log technical, device, wallet, session, and network metadata associated with your access to the Pump Platform and Pump Services for security, fraud prevention, abuse detection, and compliance purposes.

6.3. The Pump Platform and Pump Services, including the Voice Chat Feature, may be accessible through third-party platforms or integrations. Where you access the Pump Services through a third-party platform:

a. you agree to comply with both these Terms and the terms of the applicable third party; and

b. Pump Entities are not responsible for the operation, availability, or policies of such third-party platforms.

7. Cancellation, Information Sharing and Programme Terms

7.1. You acknowledge and agree that where you execute any Transaction with Improper Intent and/or in the case of Manifest Error, Pump is authorised by you (without any payment or penalty or liability due by Pump and provided that such action is in compliance with Applicable Law) to cancel/void such Transaction (to the extent possible), take such actions as Pump may reasonably deem fit and treat such Transaction as if it had never been entered into.

7.2. We may be required under these Terms or Applicable Law to share information about your activities on the Pump Platform with third parties and among the Pump Entities and their affiliates. You acknowledge and agree that we are entitled to disclose such information.

7.3 Hackathon Terms.

This section applies to the Build in Public Hackathon, or any subsequent hackathons organized using the pump.fun web domain or by a Pump Entity (collectively, a “Hackathon”). Nothing in this section should be construed as limiting or modifying any other term herein.

By registering for or participating in the Hackathon, you unconditionally accept and agree to comply with and be bound by these Terms (including the Privacy Notice) and any other rules, guidelines, or policies referenced herein or communicated by any Pump Entity. By attempting to register for a Hackathon you are a “Participant” in a Hackathon, regardless of whether you are successfully registered or participate further in a Hackathon.

General Eligibility:

Participants must be 18 years of age or older.

Participants must be legally able to participate in the Hackathon in their jurisdiction.

Participants representing enterprise organizations must have a purchasing entity based in a jurisdiction in which participating in the Hackathon is permitted, and the purchase and sale of digital assets is permitted.

Exclusions:

Employees, contractors, directors, and officers of any Pump Entity, and immediate family members (spouse, parents, siblings, and children) and/or those living in the same household of each such person are not eligible to participate.

Individuals who have violated these Terms at any point are ineligible.

Team Participation:

Participants may participate individually or as part of a team.

All team members must meet the individual eligibility requirements.

Each team must designate a team leader who will be the primary point of contact for the Hackathon.

Registration Process: Participants must register online through the official Hackathon website or form. All required information must be provided accurately and completely. Registrants must first receive and acknowledge confirmation sent to them through Telegram or a similar messaging application once they have been accepted, before they can participate in the Hackathon.

Participation Requirements:

Participants must have access to their own hardware, software, and Internet connectivity, unless otherwise specified by the specific organizer of the Hackathon (the “Organizer”).

Participants must adhere to the Hackathon schedule and deadlines, as modified by the Organizer in its sole discretion.

Code of Conduct and Fair Play

Respect and Inclusivity: All participants are expected to conduct themselves professionally and respectfully. Discrimination, harassment, or any form of abusive behavior towards other participants, judges, mentors, or organizers will not be tolerated.

Originality: All submitted projects must be original work created during the Hackathon period. Pre-existing code or components are permitted only if they are publicly available and properly attributed (e.g., open-source libraries, APIs). Significant portions of the project must be developed during the Hackathon.

No Cheating: Any form of cheating, including but not limited to, plagiarism, submitting work not created by the team, or any attempt to unfairly gain an advantage, will result in immediate disqualification.

Compliance with Laws: Participants must comply with all applicable local, national, and international laws and regulations.

Data Privacy: Participants must respect the privacy of others and comply with all applicable data protection laws.

Consequences of Violations: The Organizer reserves the right to disqualify any participant or team who violates these Terms or engages in any conduct deemed disruptive, unethical, or harmful to the Hackathon. Disqualified participants will forfeit any prizes.

Disqualification: The Organizer reserves the right to disqualify any submission that does not meet the specified requirements, violates these Terms, or is deemed inappropriate or offensive.

Intellectual Property

Participant Ownership: Participants retain all ownership and intellectual property rights in their submitted projects and any underlying code, designs, or content created during the Hackathon, subject to the licenses granted herein.

License to Organizer: By submitting a project, participants grant the Organizer and its partners a worldwide, non-exclusive, royalty-free, perpetual, irrevocable, and transferable license to:

Use, reproduce, distribute, display, perform, and create derivative works of the submitted project (including code, documentation, and presentations) for purposes related to the Hackathon, including but not limited to:

Showcasing winning projects on the Hackathon or pump.fun website, social media, and promotional materials.

Internal evaluation and review.

Demonstrating the outcomes of the Hackathon to stakeholders.

Use Participants' names, likenesses, and biographical information in connection with the Hackathon and its promotion.

Third-Party IP: Participants are responsible for ensuring that their projects do not infringe upon the intellectual property rights of any third party. If a project incorporates third-party code or assets, participants must ensure they have the necessary licenses or permissions for such use and must clearly attribute all third-party intellectual property.

Confidentiality: The Organizer does not guarantee the confidentiality of any submitted project. Participants should only submit information that they are comfortable making public.

Hackathon projects will be judged in the sole and absolute discretion of the Organizer or the Organizer’s designee. The Participant waives all claims related to prizes and results of the Hackathon.

Disclaimer of Warranty; Limitation of Liability

No Warranties: THE HACKATHON AND ALL PRIZES ARE PROVIDED "AS IS" WITHOUT WARRANTY OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR NON-INFRINGEMENT.

Limitation of Liability: TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, THE ORGANIZER, THE PUMP ENTITIES, THEIR AFFILIATES, SUBSIDIARIES, AND THEIR RESPECTIVE OFFICERS, DIRECTORS, EMPLOYEES, AND AGENTS (COLLECTIVELY, THE "ORGANIZER PARTIES") SHALL NOT BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING BUT NOT LIMITED TO LOSS OF PROFITS, DATA, USE, GOODWILL, OR OTHER INTANGIBLE LOSSES, RESULTING FROM (I) YOUR ACCESS TO OR USE OF OR INABILITY TO ACCESS OR USE THE HACKATHON; (II) ANY CONDUCT OR CONTENT OF ANY THIRD PARTY ON THE HACKATHON; (III) ANY CONTENT OBTAINED FROM THE HACKATHON; AND (IV) UNAUTHORIZED ACCESS, USE OR ALTERATION OF YOUR TRANSMISSIONS OR CONTENT, WHETHER BASED ON WARRANTY, CONTRACT, TORT (INCLUDING NEGLIGENCE) OR ANY OTHER LEGAL THEORY, WHETHER OR NOT THE ORGANIZER PARTIES HAVE BEEN INFORMED OF THE POSSIBILITY OF SUCH DAMAGE, AND EVEN IF A REMEDY SET FORTH HEREIN IS FOUND TO HAVE FAILED OF ITS ESSENTIAL PURPOSE.

Force Majeure: The Organizer and the Pump Entities are not responsible for any inability to hold the Hackathon, or to award prizes, due to delays or failures caused by events beyond its reasonable control, including but not limited to acts of God, war, terrorism, pandemics, natural disasters, strikes, or technical failures.

Indemnification. You agree to indemnify, defend, and hold harmless the Organizer Parties from and against any and all claims, liabilities, damages, losses, costs, and expenses (including reasonable attorneys' fees) arising out of or in any way connected with:

Your participation in the Hackathon.

Your violation of these Terms.

Your violation of any rights of another, including but not limited to intellectual property rights.

Any project or content you submit.

Privacy Notice. Your participation in the Hackathon is also governed by the Privacy Notice. By participating, you acknowledge that your personal data will be processed as described in the Privacy Notice.

Prize Conditions. The Organizer and Pump Entities do not guarantee that any Participant will be eligible for any particular prizes in connection with a Hackathon. Participants waive all claims relating to the receipt of a prize in connection with the Hackathon.

Equity and Funding. To the extent that a Hackathon prize consists of an offer of a cash investment in a Participant (an “Investment Prize”), the following terms apply in addition to the other terms herein.

All cash awards in connection with an Investment Prize are contingent and dependent upon the separate execution and agreement to invest by a Pump Entity or an affiliate. Such agreement is not guaranteed, and shall be governed by its own terms.

Investment Prizes are subject to due diligence by the Pump Entity making the investment, and failure of diligence shall be determined by the relevant Pump Entity in its sole and absolute discretion.

Any Participant receiving an Investment Prize shall have organized an entity (the “Participant Entity”) which is capable of lawfully making all representations and warranties consistent with an investment in that entity, as determined by the relevant Pump Entity.

The Participant Entity shall have acquired sufficient amounts of any token related to the Participant project as a condition precedent to any Investment Prize.

The Participant Entity shall have no owners except for Participants who have participated in the Hackathon as a team. All such owners shall have an ownership stake in the Participant Entity that is contingent upon service based vesting in a manner which the relevant Pump Entity determines is consistent with its investment goals.

To the greatest extent practicable, the relevant Pump Entity will grant the Investment Prize according to standard terms, and using standard documents. All investments by a Pump Entity shall only be made if such investments may be made in a fashion which complies with applicable laws and regulations, in the sole discretion of the relevant Pump Entity, including, but not limited to, securities laws and regulations, consumer protection laws, and money transmission laws and regulations.

As between a Participant Entity and the Pump Entity making an Investment Prize, the terms of any executed investment document prevail over this Section 7.3 in respect of that Investment Prize; in all other respects these Terms continue to apply.

Participants are responsible for obtaining their own independent legal advice regarding any Investment Prize. The Pump Entities and Organizers do not provide legal advice to Participants.

Token Launches. In the event that Hackathon requires or involves a token launch, the following terms shall apply.

Participants shall only launch a token in connection with a Hackathon if that token launch complies with all applicable laws and regulations. Participants are solely responsible for determining if a token launch complies with applicable laws and regulations.

Participants may acquire tokens in connection with their Hackathon project, however, there is no requirement that Participants acquire any token for any purposes.

Participants shall not issue, sell, distribute, lend, enter into forward contracts, derivatives, or otherwise transfer or alienate any tokens using the Pump Platform in transactions intended to raise capital or otherwise fund an ongoing business of the Participants.

Participants are responsible for obtaining their own independent legal advice regarding the launch, sale or distribution of tokens using the Pump Platform. The Pump Entities and Organizers do not provide legal advice to Participants.

7.4 Tokenized Agent.

Tokens created using the Tokenized Agent are also subject to the Tokenized Agent Disclaimer, which is an Incorporated Document (see Section 1.5).

8. Submission of Instructions

8.1. Instructions (as defined in Section 32) include Conditional Orders (as defined in Section 9.3). You must ensure that any Instruction submitted is complete and accurate. We are not required to verify the accuracy, authenticity or validity of any Instruction and will not monitor or reject Instructions on the basis that they are, or appear to be, duplicates. In our sole, absolute discretion, we may refuse to act upon or defer acting upon any Instruction, or seek further information with respect to the Instruction.

8.2. You acknowledge and agree that Instructions are irrevocable and therefore once an Instruction has been submitted you have no right to unilaterally rescind or withdraw it. Your Instruction is not deemed to be received by us until it has been received by our server. Our record of all Instructions will be conclusive and binding on you for all purposes. You may request the cancellation or amendment of a Conditional Order that has not yet executed, as described in Section 9.6; however, any such request is itself an Instruction, is not deemed received by us until it has been received by our server, and may not be processed before the Conditional Order executes.

8.3. By submitting an Instruction you are authorising us to initiate transaction(s) using your Wallet on the applicable Supported Network. We are therefore authorised to credit or debit (or provide information to third parties for the purposes of the third party crediting or debiting) your Digital Assets from your Wallet in accordance with your Instruction. If you have insufficient Digital Assets in your Wallet to effect the Transaction (i.e. less than the required amount to settle the Transaction and to pay all the fees associated with the Transaction), then we have the right to refuse to effect any Transaction. Pump Entities and affiliates may also refuse to act on Instructions to the extent permitted by these Terms. It is your responsibility to hold sufficient Digital Assets in your Wallet.

8.4. You are aware that Instructions and information transmitted on the Pump Platform or by email are generally transmitted via the internet and may be routed via public, transnational installations which are not specifically protected. We cannot guarantee that the Instructions and information transmitted will be completely protected against unauthorised access, and you accept the associated risks. Our privacy practices and your rights are disclosed in our Privacy Notice.

8.5. For the avoidance of doubt, Audio Content transmitted via the Voice Chat Feature does not constitute an “Instruction” unless explicitly submitted as a transaction command.

8.6. Each Transaction settles on the Supported Network on which the relevant Digital Assets are deployed. Where a Supported Pair Asset or other Digital Asset exists on more than one network, only the version deployed on the applicable Supported Network is supported for that Transaction, and a token of the same name or ticker on any other network is not the same Digital Asset. You are solely responsible for confirming that any Digital Asset you send to, hold in, or transact from your Wallet is the correct version on the correct Supported Network, and for ensuring that your Wallet supports that network. The Pump Entities are not responsible for Digital Assets sent to an unsupported network, to an incorrect address or contract, or in a wrapped, bridged, or alternative form that the Pump Platform does not recognise, provided that a Supported Pair Asset may itself be a representation of an asset that originates on another network and has been brought to a Supported Network by a Listing Provider, in which case only the specific canonical representation identified on the Supported Pair Assets list is the Supported Pair Asset, and any other bridged, wrapped, or alternative version of the same underlying asset is not, and are not responsible for the operation, security, fees, or availability of any Supported Network, or of any bridge, wrapping protocol, or other cross-chain mechanism you may use to move Digital Assets between networks, none of which is operated by the Pump Entities.

9. Transactions

9.1. We do not represent or warrant that any actions by you on the Pump Platform or use of the Pump Services will be completed successfully or within a specific time period. By accessing and using the Pump Platform and Pump Services, you represent that you understand that smart contract transactions, like the ones conducted through the Pump Platform and Pump Services, automatically execute and settle, and that blockchain-based systems are variable and transaction speeds may increase dramatically at any time.

9.2. You expressly agree that the Pump Entities and affiliates are permitted, but not required, to keep a record of all Transaction information related to use of the Pump Platform and Pump Services. You further agree that we may keep this information, if we collect it, for as long as it is required to fulfill its intended purpose or any other period of time as required by Applicable Law.

9.3. Conditional Orders. The Pump Platform and Pump Services may allow you to submit Instructions that are intended to execute only if, and when, a specified condition is met, including limit orders and take-profit orders or similar conditional or automated order types (each, a "Conditional Order"). A Conditional Order is an Instruction to attempt to execute a Transaction if the specified condition is met. It does not constitute a guarantee, representation or undertaking by the Pump Entities or any affiliate that any Transaction will be executed, in whole or in part, at any time, at any price, or at all.

9.4. No guarantee of execution. You acknowledge and agree that a Conditional Order may fail to execute, may execute only partially, or may remain pending indefinitely, including as a result of insufficient liquidity, market volatility, price gaps, network congestion, failed, dropped or reverted transactions, blockchain reorganisations, latency or inaccuracy in any price feed or oracle relied upon to monitor the condition, fluctuations in network or priority fees, insufficient Digital Assets in your Wallet at the time of execution, or the unavailability of the Pump Platform, the Pump Services or any third-party service on which they rely.

9.5. Deviation from intended price and timing. You acknowledge and agree that the price at which a Conditional Order executes may differ, potentially materially, from the limit, trigger or other price you specify, and that execution may occur later than the time at which the specified condition is first met. Such deviation may result from, among other things, slippage, maximal extractable value (MEV) activity, front-running or sandwich attacks, variability in block times, delays between detection of the condition and submission of the Transaction to the network, or differences between the price source used to monitor the condition and the price at which the relevant liquidity pool or venue actually settles. We do not represent or warrant that any Conditional Order will execute at the best available price, at the price you specified, or within any particular period of time.

9.6. Automated monitoring and cancellation. Conditional Orders are monitored and submitted by automated systems that depend on third-party RPC providers, indexers, price feeds and blockchain networks that are not owned or controlled by the Pump Entities or any affiliate. Those systems may experience downtime, errors or delays, and a Conditional Order may not be submitted, or may be submitted incorrectly, as a result. You are solely responsible for monitoring your open Conditional Orders and for cancelling any Conditional Order that you no longer wish to have executed. A request to cancel or amend a Conditional Order is itself an Instruction and may not be processed before the Conditional Order executes. Once a Transaction has been submitted to the network it cannot be recalled, and a confirmed Transaction is final and irreversible. We are not responsible for any Conditional Order that executes after a cancellation or amendment request has been submitted.

9.7. Assumption of risk. You represent that you understand the risks associated with Conditional Orders in Digital Asset markets, including the risks described in this Section 9, and that you have the knowledge and experience to evaluate those risks. You assume full responsibility for all Conditional Orders submitted using your Wallet, whether or not you intended them, and for any loss arising from their execution, non-execution, partial execution or delayed execution, or from execution at a price, quantity or time that differs from your intent.

9.8. We may modify, suspend or discontinue support for Conditional Orders, in whole or in part, at any time and without notice, and may decline to act upon, defer, or cancel any pending Conditional Order in accordance with Sections 7.1, 8.1 and 15.

10. Material Interests and Conflicts

10.1. You understand and agree that neither your relationship with us nor any services we provide to you, nor any other matter, will give rise to any duties on our part or on the part of any Pump Entity or affiliate, whether legal, equitable, fiduciary in nature, save as are expressly set out in these Terms. In particular, Pump Entities and affiliates may from time to time act in more than one capacity, and in those capacities we may receive fees or commissions from more than one user (including you). You agree that we may act in such capacities and provide any other services or carry out any business with or for you, any other Pump Entity or affiliate or any other user.

10.2. You understand and agree that, except as required under our Privacy Notice, the Pump Entities and affiliates will not be required to: (i) have regard to any information known to us, which is or may be a material interest; (ii) disclose any such information to you; or (iii) use any such information for your benefit. You further acknowledge that from time to time we may receive general market information in the course of providing access to the Pump Platform and Pump Services to you, which we may use in the ordinary course of our business.

10.3. We may maintain organisational and administrative arrangements designed to identify and manage conflicts of interest between us and our users and relevant third parties, but we do not warrant that any such arrangements will prevent every conflict of interest from arising or from affecting you. We reserve the right at all times to decline to act for you where we are not able to manage a conflict of interest in any other way.

10.4. You understand that from time to time we may transact using the Pump Platform. We are under no obligation to disclose any of our transactions on the Pump Platform.

11. Transaction Limits

Your activity on the Pump Platform and use of the Pump Services may be subject to limits that we shall determine from time to time in our sole discretion.

12. Security

12.1. You are responsible for taking appropriate action to protect your hardware and data from viruses and malicious software, and any inappropriate material. Except as provided by Applicable Law, you are responsible for backing up and maintaining duplicate copies of any information related to your use of the Pump Platform and Pump Services. The Pump Entities and affiliates are not responsible for any claim or losses resulting from your failure to comply with this Section.

12.2. At all times, you, and anyone you permit to access the Pump Platform and Pump Services using your Wallet (“Permitted Users”), shall maintain adequate security and control of all of the information used to access the Pump Platform and Pump Services. You are responsible for taking the necessary security measures to protect such details, including by:

a. strictly abiding by all of our mechanisms or procedures;

b. never allowing remote access or sharing your computer and/or computer screen with someone else when you are logged into the Pump Platform or are using the Pump Services;

c. remembering that under no circumstances will we ask you to share your Wallet private keys, Agent Key, seed or recovery phrases, social-login or email credentials, one-time codes or similar. You should never disclose these if asked.

12.3. You are solely responsible for keeping the information used to access the Pump Platform and Pump Services secure against any attacks and unauthorised access.

12.4. It is important that you monitor your Activity History to ensure any unauthorised or suspicious activity in relation to your Wallet is identified. You agree that you are required to notify us as soon as possible of any suspicious activity involving the Wallet you use to access the Pump Platform and Pump Services. You acknowledge that any Security Breach may result in unauthorised access to your Wallet by third parties and the loss or theft of any Digital Assets and/or funds from your Wallet and any associated Wallets or accounts.

12.5. If you suspect a Security Breach, you must ensure that:

a. we are notified immediately and continue to be provided with accurate and up-to-date information throughout the duration of the Security Breach;

b. you take any other steps that we may reasonably require to reduce, manage or report any Security Breach.

12.6. "Security Breach" has the meaning given in Section 32.

You agree to promptly notify Pump of any suspected Wallet compromise, account takeover, fraudulent recovery event, deceptive support communication, or voice-based impersonation relating to Digital Assets, transactions, or Wallet access, and to reasonably cooperate in preserving evidence relevant to any resulting investigation.

13. Privacy

13.1. Our collection, use, storage, disclosure, transfer, and other processing of personal data in connection with these Terms, your access to the Pump Platform, and your use of the Pump Services is governed by our Privacy Notice which forms part of these Terms.

Such processing may include, where applicable, processing necessary to provide the Pump Services, authenticate users, maintain platform security, prevent fraud and market abuse, comply with Applicable Law, enforce these Terms, moderate content and communications (including Audio Content), determine your location for the purpose of applying jurisdictional restrictions and Restricted Feature restrictions, and support legitimate business operations.

Depending on your jurisdiction, you may have certain rights in relation to your personal data, including rights of access, correction, deletion, objection, portability, restriction, or limitation of certain processing activities, as further described in the Privacy Notice.

You acknowledge that your personal data may be transferred to, stored in, and processed in jurisdictions other than your own, subject to appropriate safeguards where required by Applicable Law.

13.2. You represent and warrant that:

a. you acknowledge that you have read, understood, and agree to our Privacy Notice.

b. our business changes regularly and our Privacy Notice will change also. Therefore, if from time to time we provide you with a replacement version of the Privacy Notice, you will promptly read the Privacy Notice.

13.3 Voice and Audio Data. By using the Voice Chat Feature, you acknowledge and agree that:

a. Audio Content may be transmitted, processed, and temporarily stored by Pump Entities or their service providers;

b. Audio Content may be monitored, recorded, transcribed, or analyzed for safety, moderation, compliance, and service improvement purposes;

c. Audio Content may involve the processing of personal data, including voice data, which may be considered biometric data under certain laws, as further described in the Privacy Notice; and

d. you are responsible for ensuring that your use of the Voice Chat Feature complies with all applicable laws, including laws relating to consent to recording.

13.4 Marketing Communications. Where you have consented and in accordance with the Privacy Notice, we may send you communications about the Pump Services, new features, programmes and events. You may withdraw your consent and opt out of marketing communications at any time as described in the Privacy Notice. Opting out does not affect notices that we are required or permitted to send under Sections 14, 28 or 29.

14. Amending the Terms

14.1. We may amend these Terms and any Incorporated Document from time to time. We will publish the amended version on the Pump Platform and update the "Last Updated" date at the top of these Terms. Where an amendment materially reduces your rights or increases your obligations (including a change to the Fees Page that increases fees payable by you, or a change to Section 25 or Section 27), we will give at least fourteen (14) days' advance notice by publishing the amended Terms on the Pump Platform and by such other means as we consider appropriate (which may include a notice on the official Pump account on X or within the Pump Platform), and the amendment will take effect on the date stated in that notice. Other amendments, including amendments required by Applicable Law or made to address security, fraud or platform-integrity risks, take effect on publication. You acknowledge and agree that you are required to check these Terms periodically to ensure that you are aware of any and all changes.

14.2. If you do not wish to accept these Terms or any future modified Terms, you must cease use of the Pump Platform and Pump Services. Your continued access to or use of the Pump Platform and Pump Services after the effective date of an amendment shall be deemed acceptance of the amended Terms.

15. Termination, Suspensions, Restrictions

15.1. We may at any time modify or discontinue, temporarily or permanently, any portion or feature of the Pump Platform or Pump Services. In particular, we may: (i) refuse to complete or block, cancel, or, where permitted by Applicable Law, reverse (to the extent possible) any action you have undertaken; (ii) terminate, suspend, or restrict your access to any or all of the Pump Platform and Pump Services; (iii) refuse to transmit information or Instructions to third parties (including but not limited to third-party Wallet operators); (iv) restrict, suspend or terminate your access to any Restricted Feature, including where we determine or reasonably suspect that you are a person to whom it is not available; and/or (v) take whatever action we consider necessary, in each case with immediate effect and for any reason including, but not limited to where:

a. you are not, or are no longer, eligible to use the Pump Platform and Pump Services or any Restricted Feature;

b. we reasonably suspect that:

i. the person connecting to the Pump Platform or Pump Services with your Wallet is not you, or we suspect that you have been or will be using the Pump Platform or Pump Services for any illegal, fraudulent, or unauthorised purposes;

ii. information provided by you is wrong, untruthful, outdated, or incomplete;

c. we reasonably consider that we are required to do so by Applicable Law, or any court or authority;

d. Without limiting the foregoing, Pump may terminate, suspend, restrict, or otherwise limit access where it reasonably suspects deceptive synthetic voice usage, impersonation, coordinated voice or livestream abuse, linked-wallet activity, device clustering, off-platform conduct connected to Digital Asset activity, or other behavior presenting elevated fraud, sanctions, legal, or platform integrity risk. Pump may also preserve related wallet, device, session, transaction, Audio Content, transcript, and metadata records as reasonably necessary for fraud review, legal process, regulatory compliance, or enforcement of these Terms.

e. your usage is subject to any pending, ongoing or threatened litigation or regulatory proceedings;

f. you have taken any action that may circumvent our controls without our consent;

g. there is any other valid reason which means we need to do so.

15.2. You acknowledge and agree that:

a. the examples set out above are non-exhaustive; and

b. our decision to terminate, suspend, or restrict access may be based on confidential criteria that are essential to our risk management and security protocols. We are under no obligation to disclose these to you.

15.3. Where we terminate, suspend, hold or restrict your access:

a. if you have Instructions or Transactions that are open, they may be closed by you or by us depending on the circumstances;

b. any unpaid costs and fees remain payable by you on demand.

15.4. If we are informed and reasonably believe that any Digital Assets in your Wallet are stolen or not lawfully possessed by you (whether by error or otherwise), we may, but are not obligated to, terminate your usage of the Pump Platform and Pump Services. Except where required by law, we will not become involved in any dispute relating to such assets or their origin.

16. Pump IP

All Pump IP shall remain vested in Pump Entities and their affiliates. At no point do users of the Pump Platform or Pump Services obtain any right to Pump IP unless expressly provided by these Terms.

17. Licence of Pump IP

We grant to you a non-exclusive licence for the duration of these Terms, or until we suspend or terminate your usage of the Pump Platform and Pump Services, whichever is sooner, to use the Pump IP, excluding the Trade Marks, solely as necessary to allow you to access and use the Pump Platform and Pump Services for your own use, in accordance with these Terms.

18. Licence of User Materials

18.1. As between you and us, you retain ownership of the intellectual property rights in your User Materials. You grant to us a perpetual, irrevocable, royalty-free, worldwide and non-exclusive licence to use, host, store, reproduce, display, distribute and make available the User Materials to the extent they:

a. form part of, or are necessary for the use of, any Created IP; and

b. are necessary to allow us to provide you with access to the Pump Platform and Pump Services, and to operate, promote and improve them.

18.2. The licence granted by you under this Section includes our right to sub-license to a third party to the extent required to enable Pump Entities and any affiliates to provide you with access to the Pump Platform and to enable use of any Pump Services, or any part of them.

19. Created IP

19.1. The Created IP shall automatically vest in us from time to time on the date on which it is created.

19.2. You hereby assign to us (and agree to procure that any agents, representatives or contractors assign), with full title guarantee, title to all present and future rights and interest in the Created IP.

19.3. If requested to do so, you shall (and agree to procure that any agents, representatives or contractors shall), without charge to us, sign and/or execute all documents and do all such acts as we may require to perfect the assignments under this Section.

20. General

20.1. You agree and acknowledge that: (i) we are not responsible for any User Materials (whether provided by you or by third parties) which may be used on, uploaded to or made available on the Pump Platform and Pump Services, including User-Generated Digital Assets; and (ii) use of any such User Materials and User-Generated Digital Assets is at your own risk and that we do not provide any warranties in relation to the same.

20.2. We shall have the right at our sole and absolute discretion to remove, modify or reject any content that you submit to, post, use or display on the Pump Platform (including any User Materials and User-Generated Digital Assets) for any reason. We reserve the right to take any actions as we deem appropriate at our sole discretion, including giving a written warning to you, removing any User Materials and User-Generated Digital Assets, recovering damages or other monetary compensation from you, suspending or terminating your access to the Pump Platform and Pump Services. We have the right to restrict or ban you from any and all future use of the Pump Platform and Pump Services.

20.3. You agree that we may record any communications, electronic, by telephone, over video call, chat, VOIP and Voice Chat Feature communications or otherwise, that we have with you in relation to these Terms, and that any such record that we keep will constitute evidence of the communications between you and us. You agree that telephone conversations and video calls may be recorded so that we can respond to inquiries, ensure compliance with applicable laws, improve our services and provide customer support.

21. Prohibited Use

By using the Pump Platform and Pump Services, including carrying out any Transaction, and without prejudice to any other restriction or limitation set out in these Terms, you agree that you will not:

a. breach these Terms or any agreement entered into pursuant to, or in connection with, these Terms;

b. use the Pump Platform and/or Pump Services in a manner that violates the Livestream Moderation Policy, the DMCA Policy or the Trademark Guidelines (each an Incorporated Document);

c. use the Pump Platform and/or Pump Services to execute Transactions on behalf of, or to hold or manage Digital Assets for, other persons or entities as their agent, broker, custodian or investment manager, or resell or otherwise commercially exploit access to the Pump Platform or Pump Services, unless expressly agreed by us in writing;

d. use the Pump Platform and/or Pump Services for anything which, in Pump's sole opinion, is conduct designed to control or artificially affect the price of any Digital Asset (market manipulation) including, without limitation, pump and dump schemes, wash trading, spoofing, and conduct intended to trigger liquidations of, or to distort any oracle, index or mark price used by, any Perpetual Contract;

e. engage in fraudulent activities, or cause us to suspect that you have engaged in fraudulent activities or Transactions;

f. undertake any activities or use the Pump Platform and/or Pump Services in a manner that results in, or may result in, complaints, disputes, claims, reversals, chargebacks, fees, fines, penalties, or other liability to us, other users, third parties, or yourself;

g. provide false, inaccurate or misleading information in connection with your use of the Pump Platform and/or Pump Services, in communications with us, or otherwise connected with these Terms;

h. (i) except as expressly permitted under Section 6.1, use any deep linking, web crawlers, bots, spiders or other automatic devices, programs, scripts, algorithms or methods, or any similar or equivalent manual processes to access, obtain, copy or monitor any part of the Pump Platform and/or Pump Services, or replicate or bypass the navigational structure or presentation of the Pump Platform in any way, in order to obtain or attempt to obtain any materials, documents or information in any manner not purposely provided by the Pump Platform and/or Pump Services; (ii) attempt to access any part or function of the Pump Platform and/or Pump Services without authorisation, or connect to the Pump Platform and/or Pump Services or any of our servers or any other systems or networks of the Pump Platform and/or Pump Services provided through the Pump Platform and/or Pump Services by hacking, password mining or any other unlawful or prohibited means; (iii) probe, scan or test the vulnerabilities of Pump Platform or any network connected to the Pump Platform and/or Pump Services, or violate any security or authentication measures on the Pump Platform and/or Pump Services or any network connected to the Pump Platform and/or Pump Services; (iv) track or seek to track any information of any other users or visitors of the Pump Platform and/or Pump Services; (v) take any actions that impose an unreasonable or disproportionately large load on the infrastructure of systems or networks of the Pump Platform and/or Pump Services, or the infrastructure of any systems or networks connected to the Pump Platform and/or Pump Services; (vi) use any devices, software or routine programs to interfere with the normal operation of the Pump Platform and/or Pump Services or any transactions on the Pump Platform and/or Pump Services, or any other person's use of the Pump Platform and/or Pump Services; or (vii) forge headers, impersonate, or otherwise manipulate identification, to disguise your identity or the origin of any messages or transmissions you send to us;

i. modify or adapt the whole or any part of the Pump Platform and/or Pump Services or combine or incorporate the Pump Platform into another programme or application;

j. disassemble, decompile, reverse-engineer or otherwise attempt to derive the source code, object code underlying concepts, ideas and algorithms of the Pump Platform, Pump Services or any components thereof;

k. modify, replicate, duplicate, copy, download, store, further transmit, disseminate, transfer, disassemble, broadcast, publish, remove or alter any copyright statement or label, or licence, sub-licence, sell, mirror, design, rent, lease, private label, grant security interests in such Pump IP or any part of the intellectual properties, or create derivative works or otherwise take advantage of any part of the Pump IP;

l. facilitate any viruses, Trojan horses, worms or other computer programming routines that may damage, detrimentally interfere with, surreptitiously intercept, or expropriate any system, data or information in connection with the Pump Platform and/or Pump Services;

m. (i) use any device, software, or routine to interfere or attempt to interfere with our Sites; and (ii) take any action that may cause us to lose any of the services from our internet service providers, or other suppliers;

n. create, or purport to create, any security over your User-Generated Digital Assets that may be on the Pump Platform and/or Pump Services without our prior written consent;

o. violate, or attempt to violate, (i) any Applicable Law; or (ii) our or any third party's copyright, patent, trademark, trade secret, moral rights or other intellectual property rights, or rights of publicity or privacy;

p. access or use, or attempt to access or use, the Pump Platform and/or Pump Services directly or indirectly from, or for the benefit of any person located, incorporated or resident in, a Prohibited Jurisdiction, or while you or any person on whose behalf you act is the subject of sanctions administered or enforced by the United States of America, the United Kingdom, the European Union or the United Nations, including any person on the sanctions lists maintained by the U.S. Office of Foreign Assets Control;

q. use the Voice Chat Feature to transmit Audio Content that violates any Applicable Law, including laws relating to harassment, hate speech, or unlawful recording;

r. use automated systems, bots, or AI tools to generate deceptive or misleading voice communications without disclosure;

s. engage in any off-platform conduct, including through voice communications, livestreams, social media, messaging applications, or synthetic media, that is reasonably intended to manipulate, misrepresent, or artificially affect the market for any Digital Asset created, traded, promoted, or discussed through the Pump Platform or Pump Services;

t. use the Pump Platform, Pump Services, or any Digital Asset in connection with any capital raise, pooled investment scheme, profit-sharing arrangement, revenue participation right, tokenized equity or debt representation, or any other activity intended to represent an ownership, creditor, or investment interest in an ongoing business or enterprise;

u. create, distribute, or use deceptive synthetic media, including AI-generated voice, video, images, avatars, or likenesses, to falsely imply endorsement, affiliation, authorship, governance authority, treasury control, or market intent;

v. use VPNs, proxies, geolocation spoofing, burner identities, linked social accounts, or other technical means to evade jurisdictional, sanctions, fraud, or platform-integrity controls;

w. engage in any deceptive, manipulative, evasive, coordinated, or integrity-undermining conduct (whether on-platform or off-platform, directly or indirectly, manually or through automated, AI-generated, synthetic, or other technological means) that is reasonably likely to mislead users, conceal identity or affiliation, evade platform controls, artificially affect the market for any Digital Asset, or otherwise undermine the security, integrity, or lawful operation of the Pump Platform or Pump Services; and

x. access or use, or attempt to access or use, a Restricted Feature if you are a person to whom it is not available under these Terms (including a Perps-Restricted Person in the case of the Perpetuals Feature), assist or enable any other person to do so, or use any technical or other means (including VPNs, proxies, geolocation spoofing, or the use of an intermediary, nominee or another person's Wallet or Agent Key) to circumvent or attempt to circumvent any restriction that we or Hyperliquid apply to a Restricted Feature.

22. Representations and Warranties

You hereby represent and warrant to us, at all times, the following:

a. all decisions made in connection with these Terms were solely and exclusively based on your own judgement;

b. you have full power, authority, and capacity to (i) access and use the Pump Platform and Pump Services; and (ii) enter into and perform your obligations under these Terms;

c. where participating in User-Generated Digital Assets, you have independently assessed such assets and are using no more of your financial resources than is prudent and reasonable;

d. all consents, approvals, and registrations required to use the Pump Platform and Pump Services have been lawfully obtained;

e. you either (i) have enforceable rights to use any images and IP uploaded to the Pump Platform, or (ii) have obtained all necessary permissions to do so;

f. these Terms constitute valid and legally binding obligations enforceable against you;

g. if you are a legal entity, you are duly incorporated and validly existing under your jurisdiction’s laws;

h. your access and use of the Pump Platform and Pump Services will not:

i. breach your constitutional documents if you are a legal entity;

ii. breach any instrument or agreement you are a party to; and

iii. cause any party to breach any Applicable Law or legal decision.

i. each time you access or use the Perpetuals Feature, you are not a Perps-Restricted Person and are not acting on behalf of or for the benefit of a Perps-Restricted Person, and you understand the nature of Perpetual Contracts and the risks of trading with leverage and are able to bear the loss of all collateral you post.

23. Technology Disclaimers

23.1. The Pump Platform and Pump Services are provided on an "as is" and "as available" basis without any representation or warranty, whether express or implied, to the maximum extent permitted by Applicable Law. We specifically disclaim any implied warranties of title, merchantability, fitness for a particular purpose, and non-infringement.

23.2. We do not warrant that access to the Pump Platform or Pump Services will be continuous, uninterrupted, timely, or error-free. Delays, service interruptions, and time-sensitive transaction failures may occur.

23.3. Although we may display or make available information on the Pump Platform, including data derived from third-party sources, we make no representations, warranties or guarantees, whether express or implied, that such content is accurate, complete, reliable, or up to date. You acknowledge that any reliance on such information is entirely at your own risk.

23.4. Links to third-party websites (including, without limitation, content, materials, and/or information in the third-party websites) may be provided as a convenience but they are not controlled by us. You agree that we are not responsible for any aspect of the content, materials, information or services contained in any third-party websites accessible or linked from the Pump Platform. This includes, without limitation, any data feeds, pricing information, analytics, token metrics, other token information, information regarding token creators, or other information displayed within the Pump Platform that originates from third-party providers.

23.5. You are responsible for obtaining the data network access necessary to access and use the Pump Platform and Pump Services. You are responsible for acquiring and updating compatible hardware or devices necessary to access and use the Pump Platform and Pump Services and any updates thereto. Pump does not guarantee that the Pump Platform, Pump Services, or any portion thereof, will function on any particular hardware or devices. The Pump Platform and Pump Services may be subject to malfunctions and delays inherent in the use of the internet and electronic communications.

23.6 The Pump Platform and Pump Services may display, aggregate, or otherwise make available data, content, pricing information, analytics, or other materials obtained from third-party sources (“Third-Party Data”). You acknowledge and agree that:

a. Third-Party Data is provided for informational purposes only and may be incomplete, inaccurate, delayed, or unreliable;

b. the Pump Entities and affiliates do not verify, audit, or guarantee the accuracy, completeness, or timeliness of any Third-Party Data;

c. reliance on any Third-Party Data is at your sole risk; and

d. the Pump Entities and affiliates shall have no responsibility or liability whatsoever for any loss arising from or related to your use of, or reliance on, any Third-Party Data.

Third-Party Data may change without notice and may be subject to additional terms imposed by the relevant third-party providers.

24. Indemnity

24.1. You hereby undertake and agree to indemnify us and hold us harmless upon demand from and against any claims, suits, actions, demands, disputes, allegations, or investigations brought by any and all persons or entities, including third-parties, governmental authorities, and industry bodies, as well as all claims, liabilities, damages (actual and consequential), losses (including direct, indirect, or consequential), costs, and expenses, including all interest, penalties and legal or other reasonable attorneys' fees and professional costs ("Losses"), arising out of or in any way connected with:

a. your access to or use of the Pump Platform and Pump Services;

b. your breach or alleged breach of these Terms;

c. your contravention of any Applicable Law; and

d. your violation of the rights (intellectual property or otherwise) of any third party.

24.2. You irrevocably and unconditionally agree to release us from any and all claims and demands (and waive any rights you may have now or in the future) arising directly or indirectly out of the acts or omissions of another user or third party with whom you have a dispute connected in any way with the Pump Platform, Pump Services, or these Terms. This release does not extend to claims arising from our own breach of these Terms.

25. Liability

25.1. The Pump Entities and affiliates are not responsible for any loss suffered by you or any third party, except where such loss arises solely and directly from our wilful misconduct or actual fraud. We are not liable for any loss related to User-Generated Digital Assets.

25.2. Our total aggregate liability to you arising out of or in connection with these Terms, the Pump Platform and the Pump Services, whether in contract, tort (including negligence), breach of statutory duty or otherwise, will not exceed the greater of (a) the amount of fees you paid to us in respect of the Transaction giving rise to the Claim and (b) one hundred U.S. dollars (US$100).

25.3. You acknowledge that we are unaware of your specific circumstances. Nothing in this Section 25 prevents either party from seeking injunctive or other equitable relief in accordance with Section 27.1.

25.4. Notwithstanding any other clause in these Terms, you hereby acknowledge and agree that in no event will the Pump Entities or any affiliate be responsible or liable to you or any other person or entity for:

a. any direct or indirect losses (including loss of profits, business or opportunities), damages, or costs, whether arising out of or in connection with the Pump Platform, the Pump Services, or otherwise, including but not limited to:

i. the operation of the protocols underlying any Digital Asset, their functionality, security, or availability;

ii. any action or inaction in accordance with these Terms;

iii. any inaccuracy, defect or omission of Digital Assets price data, any error or delay in the transmission of such data, and interruption in any such data;

iv. regular or unscheduled maintenance we may carry out including any service interruption and change resulting from such maintenance;

v. the theft of a device enabled to access and use the Pump Platform and Pump Services;

vi. other users' actions, omissions or breaches of these Terms, and any damage caused by actions of any other users or third parties;

vii. (1) for any damage or interruptions caused by any computer viruses, spyware, or other malware that may affect your computer or other equipment, or any phishing, spoofing, or other attack; (2) in the event that your hardware fails, is damaged or destroyed or any records or data stored on your hardware are corrupted or lost for any reason; or (3) for your use of the internet to connect to the Pump Platform, Pump Services or any technical problems, system failures, malfunctions, communication line failures, high internet traffic or demand, related issues, security breaches or any similar technical problems or defects experienced;

viii. any termination, suspension, hold or restriction of access to the Pump Platform and/or Pump Services;

ix. the failure of a Transaction or the length of time needed to complete any Transaction;

x. our refusal or delay in acting upon any Instruction;

xi. any breach of security, including your Wallet, email, personal social media or personal hardware as well as the Pump Platform and Pump Services;

xii. losses suffered by you as a result of third party action, including third party fraud or scams that involve the Pump Platform and/or Pump Services;

xiii. losses suffered by you as a result of the conversion of Digital Assets;

xiv. any losses arising or in connection with newly available User-Generated Digital Assets;

xv. the correctness, quality, accuracy, security, completeness, reliability, performance, timeliness, pricing or continued availability of the Pump Platform or Pump Services as well as for delays or omissions of the Pump Platform or Pump Services, or for the failure of any connection or communication service to provide or maintain your access to the Pump Platform or Pump Services, or for any interruption in or disruption of your access or any erroneous communications between us, regardless of cause;

xvi. any Transactions, Instructions, or operations effected by you or purported to be effected by you on the Pump Platform or Pump Services;

xvii. any content, information, or images depicted as part of a user-created livestream, or any decision, or failure to decide, related to the Livestream Moderation Policy;

xviii. any reliance on Third-Party Data or any inaccuracies, omissions, or delays in such data;

xix. the failure of any Conditional Order to execute, the partial execution of any Conditional Order, or the execution of any Conditional Order at a price, quantity or time that differs from the price, quantity or time you specified or intended;

xx. any delay, error or failure of any automated system, price feed, oracle, RPC provider, indexer or other infrastructure used to monitor, trigger or submit Conditional Orders; and

xxi. any Supported Pair Asset, Pair Asset Issuer, or Listing Provider, including any of the matters described in Section 30A.7, any Pair Asset Event, any inability to trade, price, graduate, or receive Creator Fees or Cashback Rewards in respect of a User-Generated Digital Asset paired with a Supported Pair Asset that is the subject of a Pair Asset Event, and any freeze, conversion, migration, unwinding, or cancellation of bonding curves, pools, positions, liquidity, or pending Instructions that occurs, or that we may effect, in connection with a Pair Asset Event;

xxii. the Perpetuals Feature or Hyperliquid, including any liquidation, auto-deleveraging or forced closure of a position; any funding payment; any error, delay, unavailability or manipulation of any oracle, index or mark price; any downtime, failure, exploit, upgrade or governance action affecting Hyperliquid or any bridge or other infrastructure used to move collateral to or from it; any delisting, suspension or change of parameters of a market; any difference between the prices, margin requirements or liquidation levels displayed on the Pump Platform and those at which Hyperliquid executes; any act or omission of Hyperliquid in respect of an Agent Key; and any consequence of your access to the Perpetuals Feature being restricted, suspended or terminated while you have open positions;

b. any loss of business, profits, anticipated savings or opportunities, or any special, punitive, aggravated, incidental, indirect or consequential losses or damages, whether arising out of or in connection with the Pump Platform, Pump Services, these Terms and/or any agreement entered into pursuant to, or in connection with, these Terms or otherwise;

c. any losses or damages you may incur due to Manifest Error and/or in the event of extreme market volatility and/or as a result of any cancellation/amendment of any Transactions, howsoever arising, whether direct or indirect, special or consequential, including, but not limited to, loss of profit and loss of opportunity even if any member of the Pump Entities or affiliates was aware of the possibility of such loss or damage arising or if such loss or damage was reasonably foreseeable.

25.5. We are not liable for malware, phishing, or spoofing attacks. You are responsible for using antivirus software and for protecting access credentials to your Wallet and devices.

25.6. Nothing in these Terms excludes or limits any liability that cannot be excluded or limited under Applicable Law, including liability for death or personal injury caused by negligence or for fraud or fraudulent misrepresentation. If you are a consumer in a jurisdiction whose laws grant you rights that cannot be excluded or limited by contract (including the United Kingdom, the European Economic Area and Australia), those rights are not affected by these Terms, and the exclusions and limitations in Sections 23, 24 and 25 apply only to the extent permitted by those laws.

26. Governing Law

Aside from where Applicable Law requires or provides you with a choice otherwise, these Terms (including the arbitration agreement in Section 27) shall be governed by, and construed in accordance with, the laws of the British Virgin Islands.

27. Dispute Resolution; Arbitration

PLEASE READ THIS SECTION CAREFULLY: IT MAY SIGNIFICANTLY AFFECT YOUR LEGAL RIGHTS, INCLUDING YOUR RIGHT TO FILE A LAWSUIT IN COURT AND TO HAVE A JURY HEAR YOUR CLAIMS. IT CONTAINS PROCEDURES FOR MANDATORY BINDING ARBITRATION AND A CLASS ACTION WAIVER.

27.1. Binding Arbitration. Except for Disputes in which either party seeks injunctive or other equitable relief to protect its intellectual property rights or to prevent unauthorised access to or misuse of the Pump Platform, you and we each waive the right to have Disputes adjudicated in court or before a jury. All Disputes must be resolved by binding arbitration in accordance with this Section 27.

27.2. Informal Dispute Resolution. Before commencing arbitration, the party raising a Dispute must give the other party written notice describing the Dispute and the relief sought (a "Dispute Notice"). Dispute Notices to us must be sent to [email protected] and to the postal address in Section 28.1; we will send Dispute Notices to you using the contact details referred to in Section 28.2. The parties agree to engage in a good faith informal resolution process, including at least one telephonic conference, for a period of sixty (60) days from receipt of the Dispute Notice before either party may commence arbitration.

27.3. Arbitration Process. Arbitration will be seated in Tortola, British Virgin Islands, conducted under the BVI Arbitration Act 2013 and administered by the BVI International Arbitration Centre in accordance with the BVI IAC Arbitration Rules in force at the time the request for arbitration is filed. A single arbitrator with relevant experience will be appointed in accordance with those rules. English shall be the language of arbitration. Arbitration is private and confidential unless disclosure is legally required.

27.4. No Class Actions; Jury Waiver. All Disputes must be brought individually. Class arbitrations, class actions, and representative actions are strictly prohibited. To the extent permitted by Applicable Law, you and we each waive any right to a trial by jury.

27.5. Consolidated Arbitrations. Arbitrations may be consolidated when appropriate, such as when they share common facts or legal issues.

27.6. Mass Arbitrations. If 25+ similar claims are filed, a batching procedure will apply. Selected test cases will go to arbitration first, followed by mediation. Claims not resolved may return to arbitration in batches or, if either party so elects by written notice within thirty (30) days after the conclusion of mediation, may be brought in the courts of the British Virgin Islands, to whose jurisdiction the parties submit for that purpose.

27.7. Severability. If any part of this Section 27 is found unenforceable, the rest will still apply, except that if the prohibition on class or representative proceedings in Section 27.4 is found unenforceable with respect to a particular Dispute, then this Section 27 shall not apply to that Dispute, which shall instead be resolved in the courts of the British Virgin Islands. Waivers are enforceable to the extent permitted by law.

27.8. Jurisdiction of Arbitrator. The arbitrator shall have exclusive authority to determine the scope, validity, and arbitrability of any Dispute.

27.9. These arbitration provisions survive the termination of these Terms.

27.10. Time Limit for Claims. To the extent permitted by Applicable Law, any Claim must be commenced by filing a request for arbitration under Section 27.3 (or, where Section 27.1 permits, by commencing court proceedings) within one (1) year after the date on which the facts giving rise to the Claim first arose, failing which the Claim is permanently barred. The running of this period is suspended while the informal dispute resolution process in Section 27.2 is ongoing. Where Applicable Law does not permit a one-year period, the shortest period permitted by Applicable Law applies instead.

27.11. Opt-Out. You may opt out of the agreement to arbitrate in this Section 27 by sending written notice to [email protected] within thirty (30) days after the date on which you first accept these Terms, identifying your Wallet address and stating that you wish to opt out of arbitration. If you opt out, Section 27.4 continues to apply to the extent permitted by Applicable Law, and any Dispute will be resolved exclusively in the courts of the British Virgin Islands.

28. Contact

28.1. If you have questions, feedback, or complaints you can contact our Support team through https://t.me/pumpfunsupport. Formal legal notices to us (including Dispute Notices under Section 27.2) must be sent by email to [email protected] and by post to Baton Corporation, Ltd., 82a James Carter Road, Mildenhall, Bury St. Edmunds, England, IP28 7DE, marked for the attention of the Legal Department.

28.2. Where necessary, and in accordance with our Privacy Notice, we will contact you, for the purposes described in the Privacy Notice, using the details you have provided to us or that we may reasonably find, such as via directly messaging you on X (formerly known as Twitter).

29. General Terms

29.1. You must comply with all Applicable Law, licensing requirements, and third-party rights, including data protection and anti-money laundering laws.

29.2. We may give notice to you electronically, including through Telegram or social media. You must provide notice to us as directed in these Terms.

29.3. Official announcements will be made on X (formerly Twitter) from the official Pump account.

29.4. These Terms, together with the Incorporated Documents, constitute the whole agreement between you and the Pump Entities and their affiliates in relation to the Pump Platform and Pump Services.

29.5. You may not assign your rights without our prior written consent. We may assign ours freely.

29.6. If any clause is found invalid, the remainder of the Terms remains in effect.

29.7. In case of conflict, the English version of the Terms prevails over any translations.

29.8. These Terms do not create third-party beneficiary rights.

29.9. Provisions that naturally survive termination will remain binding.

29.10. These Terms do not establish a partnership, joint venture, or agency relationship.

29.11. We are not liable for delay or failure to perform due to a Force Majeure Event.

29.12. No delay or omission in enforcing rights shall waive future enforcement.

29.13. We may set-off amounts you owe us; you must pay what you owe free from deductions or counterclaims.

29.14. If you receive another user’s information, you must keep it confidential and only use it lawfully.

29.15. If you breach these Terms, we may disclose the breach and related information for user safety.

29.16. You are responsible for determining and paying all applicable taxes related to your use of the Pump Platform and Pump Services.

30. Wallets

30.1. The Wallet that you may generate when logging in to the Pump Platform for the first time is provided by Privy.io and shall remain the responsibility of Privy.io and you. You acknowledge that Privy.io is not affiliated with any Pump Entities or affiliates and you are solely responsible for reading and understanding Privy.io’s terms and conditions as it relates to the Wallet you generate using their service. Pump Entities and affiliates have no control over your Wallet, however generated, or the private keys to it.

30.2. None of the Pump Entities or affiliates shall be responsible for the operation or features of the Wallet or be liable for any losses or damage incurred or suffered directly or indirectly as a result of using the Wallet.

30A. Supported Pair Assets

30A.1. Whitelisting is not endorsement. The Pump Entities enable Supported Pair Assets solely to allow them to function as a pairing option on the Pump Platform. The inclusion of any Digital Asset as a Supported Pair Asset does not constitute, and must not be relied upon as, an endorsement, recommendation, solicitation, or promotion of that Digital Asset or its Pair Asset Issuer, or a representation that the Digital Asset is suitable for you, has any particular value, or is lawful to acquire or hold in your jurisdiction. We do not recommend that any Supported Pair Asset be bought, sold, held, or used by you under any circumstances.

30A.2. No diligence or verification by Pump. The Pump Entities do not audit, verify, or monitor any Supported Pair Asset or Pair Asset Issuer, including the existence, custody, or sufficiency of any underlying or backing asset; the accuracy of any disclosure made by a Pair Asset Issuer; the Pair Asset Issuer’s solvency, licensing, or regulatory status; or the terms on which a Supported Pair Asset may be held, transferred, or redeemed. Where a Supported Pair Asset has been brought to a Supported Network by a Listing Provider, the Pump Entities likewise do not verify the Listing Provider’s infrastructure, the canonical status of any representation, or that the representation on the Supported Network is or remains backed by, redeemable for, or equivalent in value to the asset on its network of origin. The Pump Entities make no representation or warranty of any kind, express or implied, regarding any Supported Pair Asset or Pair Asset Issuer.

30A.3. Your own diligence. You are solely responsible for evaluating each Supported Pair Asset before launching, pricing, or trading against it, including reviewing the Pair Asset Issuer’s terms, disclosures, and any eligibility or transfer restrictions; determining whether you are permitted to acquire or hold the Supported Pair Asset under Applicable Law and the Pair Asset Issuer’s terms; and assessing the risks described in the Risk Warning. You acknowledge that a Supported Pair Asset may lose some or all of its value, may cease to be backed or redeemable, may become illiquid, or may be subject to transfer restrictions, freezes, or forced redemptions imposed by the Pair Asset Issuer or a Regulatory Authority, and that the Pump Entities have no ability to prevent or remedy any of these events.

30A.4. Pair Asset Issuer terms. Your acquisition, holding, and use of a Supported Pair Asset is governed by the terms, policies, and disclosures of the applicable Pair Asset Issuer and, where the Supported Pair Asset has been brought to a Supported Network by a Listing Provider, of that Listing Provider (together, “Pair Asset Terms”), which are separate from and additional to these Terms. Before launching, pricing, trading, or otherwise using any Supported Pair Asset on the Pump Platform, you must read and accept all Pair Asset Terms applicable to that Supported Pair Asset, as they may be amended by the Pair Asset Issuer from time to time. Your acceptance of the Pair Asset Terms is a condition of your use of the relevant Supported Pair Asset, and by using a Supported Pair Asset you confirm that you have accepted, are eligible under, and will comply with all applicable Pair Asset Terms. The Pump Entities may, but are not obligated to, require you to acknowledge the Pair Asset Terms through the Pump Platform before enabling a Supported Pair Asset for your Wallet, and may restrict your access to any Supported Pair Asset if you have not done so. You are solely responsible for monitoring the Pair Asset Terms for changes. You agree that any claim relating to a Supported Pair Asset itself, including its backing, redemption, or value, lies solely against the Pair Asset Issuer and not against any Pump Entity.

30A.5. Changes to Supported Pair Assets. We may add, suspend, restrict, or remove any Supported Pair Asset at any time, with or without notice and for any reason, including where we reasonably suspect that a Supported Pair Asset may be a security or otherwise regulated in a relevant jurisdiction, where the Pair Asset Issuer changes its terms or ceases operations, or where a Regulatory Authority so requires. Removal of a Supported Pair Asset may affect the ability to trade, price, or graduate User-Generated Digital Assets paired with it and may affect the accrual or payment of Creator Fees or Cashback Rewards denominated in it. We are not liable for any loss arising from any such change.

30A.6. Issuer freezes and Pair Asset Events. A Pair Asset Issuer may, under its Pair Asset Terms or otherwise, freeze, pause, blacklist, restrict, seize, or render non-transferable a Supported Pair Asset, in whole or in part or in respect of particular wallets, addresses, or smart contracts, at any time and without notice to you or to the Pump Entities (an “Issuer Freeze”). A Listing Provider may likewise pause, halt, or discontinue the cross-chain infrastructure through which a Supported Pair Asset was brought to a Supported Network, freeze, burn, or migrate the canonical mint, or delist the Supported Pair Asset from its platform, and that infrastructure may fail or be exploited (each, a “Listing Provider Event”). An Issuer Freeze, a Listing Provider Event, and any suspension or removal of a Supported Pair Asset under Section 30A.5 are each a “Pair Asset Event”. You acknowledge and agree that, upon a Pair Asset Event: (a) any bonding curve, canonical pool, or other liquidity pool that uses the affected Supported Pair Asset may be frozen, paused, or rendered inoperable, whether by the Pair Asset Issuer, by the underlying smart contracts, or by the Pump Entities, and you may be unable to buy, sell, or withdraw any Digital Asset in that bonding curve or pool for an indefinite period or at all; (b) the Pump Entities may, but are not obligated to, take such action as they consider appropriate in their sole discretion, including freezing, pausing, migrating, converting, unwinding, or closing any affected bonding curve, pool, position, or pending Instruction, converting affected balances into another Supported Pair Asset or other Digital Asset at a rate and time determined by the Pump Entities or the applicable smart contracts, or taking no action; (c) any conversion may occur at a price that differs materially from the price prevailing before the Pair Asset Event and may result in a loss of some or all of the value of your Digital Assets; (d) Creator Fees and Cashback Rewards denominated in the affected Supported Pair Asset may cease to accrue and any accrued but unpaid amounts may be frozen, forfeited, or converted; and (e) the Pump Entities have no ability to reverse an Issuer Freeze or Listing Provider Event, no obligation to seek its reversal on your behalf, and no liability for any loss arising from a Pair Asset Event or from any action or inaction under this Section 30A.6.

30A.7. No liability. Without limiting Section 25, the Pump Entities and affiliates shall have no responsibility or liability whatsoever for any loss arising from or related to any Supported Pair Asset, Pair Asset Issuer, or Listing Provider, including any depeg, loss of the relationship between a representation on a Supported Network and the asset on its network of origin, loss of backing, insolvency, custodial failure, redemption limit, transfer restriction, freeze, price divergence from any underlying asset, or unavailability.

30A.8. Backed Digital Assets as Supported Pair Assets. Certain Supported Pair Assets are Backed Digital Assets. As of the date of these Terms, these include USDC (a fiat-backed stablecoin) and RWA Tokens that claim to track the value of publicly traded equities. In addition to the other provisions of this Section 30A (and, for a Pair Asset Event, Section 30A.6), you acknowledge and agree with respect to any Backed Digital Asset that is a Supported Pair Asset:

(a) No backing is verified or guaranteed by Pump. Any claim that a Backed Digital Asset is backed by, pegged to, or tracks another asset is made solely by its Pair Asset Issuer and, for a representation created by a Listing Provider, by that Listing Provider. The Pump Entities do not hold, custody, verify, or have access to any reserve, collateral, or underlying asset, and make no representation that a Backed Digital Asset is, or will remain, backed, pegged, redeemable, or correlated in value to any other asset.

(b) No rights in the underlying asset. Holding a Backed Digital Asset on or through the Pump Platform does not give you any ownership, creditor, shareholder, voting, dividend, or other interest in any fiat currency, security, or other asset that the Backed Digital Asset claims to be backed by or track, except to the extent (if any) provided by the Pair Asset Issuer under its own terms. The Pump Entities do not administer dividends, corporate actions, redemptions, or any other rights or distributions relating to any underlying asset.

(c) Stablecoins. A fiat-backed stablecoin may trade above or below its stated peg, may be subject to redemption limits, fees, or delays imposed by its Pair Asset Issuer, and may be frozen, blacklisted, or rendered non-transferable by its Pair Asset Issuer at the wallet or token level without notice to you or to the Pump Entities, with the consequences described in Section 30A.6.

(d) RWA Tokens. An RWA Token may trade at a price that differs materially from the underlying security, including because the underlying security’s market is closed while the RWA Token continues to trade on-chain; may be subject to issuer-imposed eligibility, jurisdictional, and transfer restrictions, including restrictions on persons in the United States or other jurisdictions; may be affected by corporate actions, delistings, or suspensions in the underlying security that the Pump Entities do not track or reflect; and may be characterized as a security or other regulated instrument in one or more jurisdictions. You represent that you are eligible to acquire and hold each RWA Token you use under the Pair Asset Issuer’s terms and Applicable Law, and you acknowledge that the Pump Entities do not verify your eligibility.

(e) Market cap, pricing, and fees. Where the market cap of a User-Generated Digital Asset, or any fee tier, is calculated by reference to a Backed Digital Asset, that calculation relies on the on-chain price of the Backed Digital Asset and not on the value of any underlying asset. Fees on Transactions paired with a Backed Digital Asset are collected in that Backed Digital Asset, and their value may fluctuate with it.

(f) Cross-chain representations. Where a Backed Digital Asset has been brought to a Supported Network by a Listing Provider, its value and redeemability depend both on the Pair Asset Issuer and on the continued integrity and operation of the Listing Provider’s cross-chain infrastructure. The representation may lose its one-to-one relationship with the asset on its network of origin, or become non-transferable or unredeemable, even where the Pair Asset Issuer remains solvent and the underlying asset is unaffected. Redemption of the representation for the underlying asset, where available at all, may require you to transact first with the Listing Provider and then with the Pair Asset Issuer, each of which may impose its own eligibility requirements, fees, limits, and delays. The Pump Entities have no role in, and no responsibility for, any part of that process.

30A.9. NO SECURITIES OFFERED; PUMP IS NOT A BROKER-DEALER, EXCHANGE, ALTERNATIVE TRADING SYSTEM, OR TRANSFER AGENT. NO PUMP ENTITY OR AFFILIATE ISSUES, OFFERS, SELLS, DISTRIBUTES, UNDERWRITES, PROMOTES, OR MAKES A MARKET IN ANY SECURITY, RWA TOKEN, BACKED DIGITAL ASSET, OR OTHER SUPPORTED PAIR ASSET, OR IN ANY ASSET THAT A SUPPORTED PAIR ASSET CLAIMS TO BE BACKED BY OR TRACK. NOTHING ON THE PUMP PLATFORM, IN THE PUMP SERVICES, OR IN THESE TERMS CONSTITUTES AN OFFER TO SELL, A SOLICITATION OF AN OFFER TO BUY, OR A RECOMMENDATION OF ANY SECURITY OR OTHER REGULATED FINANCIAL INSTRUMENT IN ANY JURISDICTION. NO PUMP ENTITY OR AFFILIATE IS REGISTERED OR LICENSED AS, OR ACTS AS, A BROKER, DEALER, BROKER-DEALER, INVESTMENT ADVISER, SECURITIES EXCHANGE, ALTERNATIVE TRADING SYSTEM, MULTILATERAL TRADING FACILITY, TRANSFER AGENT, CLEARING AGENCY, CUSTODIAN, OR FIDUCIARY IN RESPECT OF ANY SUPPORTED PAIR ASSET OR ANY UNDERLYING ASSET, AND THE PUMP PLATFORM DOES NOT MATCH, EXECUTE, CLEAR, SETTLE, OR RECORD TRANSACTIONS IN SECURITIES ON BEHALF OF ANY PERSON. THE PUMP PLATFORM PROVIDES SOFTWARE THAT ALLOWS USERS TO INTERACT DIRECTLY WITH SMART CONTRACTS ON A SUPPORTED NETWORK USING THEIR OWN WALLETS; ALL TRANSACTIONS ARE INITIATED AND AUTHORIZED SOLELY BY YOU. IF YOU REQUIRE A REGULATED INTERMEDIARY TO ACQUIRE, HOLD, OR TRANSFER ANY SECURITY, YOU MUST OBTAIN ONE INDEPENDENTLY.

30B. Perpetuals Feature

30B.1. Nature of the Perpetuals Feature. The Pump Platform (including the pump.fun web app and mobile applications) may include functionality that allows you to submit orders for perpetual futures contracts ("Perpetual Contracts") directly to Hyperliquid, a decentralised perpetual futures protocol and blockchain operated by a set of validators and smart contracts that no Pump Entity or affiliate owns, operates or controls ("Hyperliquid", and such functionality, the "Perpetuals Feature"). The Perpetuals Feature is a software interface only. Every order, position, margin balance, funding payment, liquidation and settlement is created, matched, held, calculated and executed by Hyperliquid, not by us. We do not act as counterparty to, and are not a party to, any Perpetual Contract. The Pump Platform is not the exclusive means of accessing Hyperliquid, and you may access your Hyperliquid account and positions through Hyperliquid directly or through other interfaces at any time.

30B.2. Perps-Restricted Persons. The Perpetuals Feature is a Restricted Feature and is not available to any of the following (each a "Perps-Restricted Person"): (a) any person located, incorporated or organised in, resident of, or having a registered office in, the United States of America (including its territories and possessions) or the Province of Ontario, Canada; (b) any person located, incorporated or organised in, resident of, or having a registered office in, a Prohibited Jurisdiction or any other jurisdiction that is the subject of economic or trade sanctions or export controls administered or enforced by the United States of America, the United Kingdom, the European Union or the United Nations, and any citizen of such a jurisdiction wherever located; (c) any person who is a "Restricted Person" (or equivalent) under the Hyperliquid Terms from time to time; (d) any person listed on any sanctions list maintained by the United States of America, the United Kingdom, the European Union or the United Nations; (e) any person located in or resident of any other jurisdiction identified on the Pump Platform from time to time as one in which the Perpetuals Feature is unavailable; and (f) any person acting on behalf of, or for the benefit of, any of the foregoing. If you are a Perps-Restricted Person you must not access or use, or attempt to access or use, the Perpetuals Feature. We may restrict, suspend or terminate your access to the Perpetuals Feature at any time if we determine or reasonably suspect that you are a Perps-Restricted Person, without prejudice to Section 30B.8.

30B.3. Hyperliquid Terms. Your access to and use of Hyperliquid, including through the Perpetuals Feature, is subject to the terms of use and privacy policy published by the operator of Hyperliquid or its interface at https://app.hyperliquid.xyz/terms and https://app.hyperliquid.xyz/privacypolicy, as amended from time to time (the "Hyperliquid Terms"), which are separate from and additional to these Terms. Before using the Perpetuals Feature you must read and accept the Hyperliquid Terms, and by using the Perpetuals Feature you confirm that you have done so, that you are eligible under them, and that you will comply with them. As between you and Hyperliquid, the Hyperliquid Terms govern; as between you and us, these Terms govern. You are solely responsible for monitoring the Hyperliquid Terms for changes.

30B.4. Fees. Hyperliquid, and any bridge, network or other third-party infrastructure that you use in connection with the Perpetuals Feature, may charge trading, funding, gas, deposit, withdrawal or other fees on the orders and transfers you effect. Those fees are set, calculated and collected by Hyperliquid or the relevant third party, not by us, may change at any time without notice to us or to you, and are in addition to any fees payable to us as set out on the Fees Page. Where available, applicable fees will be displayed on the Pump Platform or on Hyperliquid before you submit an order, but it is your responsibility to review and accept all fees before transacting. If you do not accept the fees applicable to a Perpetual Contract, you must not submit the order.

30B.5. Orders as Instructions and Transactions. For the purposes of Sections 7.1, 8, 9, 11, 15, 21, 23, 24, 25 and 32 of these Terms only: (a) each order, order modification or cancellation, leverage or margin adjustment, deposit, withdrawal, transfer of collateral or other command that you submit to Hyperliquid through the Perpetuals Feature is deemed to be an Instruction; (b) each resulting opening, modification, closing or settlement of a position in a Perpetual Contract, and each transfer of collateral to or from your Hyperliquid account, is deemed to be a Transaction; (c) Hyperliquid is deemed to be a Supported Network; and (d) each stop-loss, take-profit, trailing-stop or other conditional order type that you submit through the Perpetuals Feature is a Conditional Order, and Section 9.3 to Section 9.8 apply to it accordingly. Nothing in this Section 30B.5 changes the meaning of those defined terms for any other purpose. A liquidation, auto-deleveraging, forced closure or other action effected by Hyperliquid under its own rules is not an Instruction submitted by you, and we have no ability to prevent, delay or reverse it.

30B.6. Delegated trading authority. To use the Perpetuals Feature you may be asked to sign a message with your Wallet approving a cryptographic key generated by or for the Pump Platform to submit orders to Hyperliquid on your behalf (an "Agent Key"). An Agent Key is used solely to transmit the Instructions you submit through the Perpetuals Feature, is designed by Hyperliquid so that it cannot be used to withdraw or transfer your collateral, and may be revoked by you on Hyperliquid at any time. An Agent Key is a credential for the purposes of Section 12 and the definition of Security Breach, and you are responsible for the security of any device or session through which it may be used. We are not responsible for any Instruction transmitted using your Agent Key by any person to whom you have permitted access to your Wallet, device or session.

30B.7. Collateral and bridging. Collateral that you post for Perpetual Contracts is held in your Hyperliquid account under the control of your Wallet, not by any Pump Entity. Moving Digital Assets to or from Hyperliquid may involve third-party bridges, networks or wrapping mechanisms that are not operated by the Pump Entities, may be delayed, may fail, and may result in the loss of the Digital Assets transferred. Section 8.6 applies to any such transfer as if Hyperliquid were a Supported Network. We have no custody of, and no ability to freeze, recover or return, any collateral or position on Hyperliquid.

30B.8. Positions remain on Hyperliquid. Because your positions and collateral exist on Hyperliquid and not with us, if your access to the Pump Platform or to the Perpetuals Feature is restricted, suspended or terminated for any reason, or if we modify or withdraw the Perpetuals Feature, any open positions and collateral will remain on Hyperliquid, subject to Hyperliquid's own rules, including liquidation. You are solely responsible for monitoring and managing your positions in that event, including by closing them through Hyperliquid directly or through another interface, and we have no obligation to close, hedge, notify you of, or otherwise manage any position on your behalf. We are not liable for any loss arising from any position that remains open after your access to the Perpetuals Feature ends.

30B.9. Our discretion. We may at any time, with or without notice and for any reason, add, remove or restrict the Perpetual Contracts or markets that can be accessed through the Perpetuals Feature, limit the leverage or order types available through the Pump Platform, or modify, suspend or discontinue the Perpetuals Feature in whole or in part, including where we reasonably consider that a Perpetual Contract may be a regulated instrument in a relevant jurisdiction or where a Regulatory Authority so requires. Market data, prices, funding rates, margin figures and liquidation levels displayed on the Pump Platform in connection with the Perpetuals Feature are Third-Party Data for the purposes of Section 23.6.

30B.10. Acknowledgement of risks. You acknowledge and agree that: (a) Perpetual Contracts are leveraged instruments and losses may be sudden, substantial and may equal the entire collateral you have posted; (b) Hyperliquid may liquidate, auto-deleverage or forcibly close your position at any time in accordance with its own rules, at a price determined by its oracle, mark price and liquidation mechanics, without notice to you or to us; (c) funding payments may accrue against your position and may vary significantly; (d) the oracle, index or mark prices used by Hyperliquid may be delayed, inaccurate or manipulated, and Hyperliquid may experience downtime, network congestion, exploits, upgrades or governance actions that affect your positions; (e) Hyperliquid may delist or suspend a market, or change its parameters, at any time; (f) the Pump Platform may display prices, margin requirements or liquidation levels that differ from those at which Hyperliquid executes, and there may be latency between your submission of an Instruction and its receipt by Hyperliquid; (g) you are solely responsible for determining whether trading Perpetual Contracts is lawful for you in your jurisdiction and for any tax consequences; and (h) the Pump Entities have no ability to reverse, modify or compensate you for any of the foregoing.

30B.11. NO DERIVATIVES INTERMEDIARY. NO PUMP ENTITY OR AFFILIATE IS REGISTERED OR LICENSED AS, OR ACTS AS, A FUTURES COMMISSION MERCHANT, INTRODUCING BROKER, SWAP DEALER, MAJOR SWAP PARTICIPANT, COMMODITY POOL OPERATOR, COMMODITY TRADING ADVISOR, RETAIL FOREIGN EXCHANGE DEALER, DESIGNATED CONTRACT MARKET, SWAP EXECUTION FACILITY, FOREIGN BOARD OF TRADE, DERIVATIVES CLEARING ORGANIZATION, OR ANY OTHER REGULATED DERIVATIVES INTERMEDIARY, MARKET OR CLEARING HOUSE IN ANY JURISDICTION. NO PUMP ENTITY OR AFFILIATE SOLICITS OR ACCEPTS ORDERS FOR, ACTS AS COUNTERPARTY TO, MAKES A MARKET IN, CLEARS OR SETTLES, OR ACCEPTS MONEY, DIGITAL ASSETS OR OTHER PROPERTY TO MARGIN, GUARANTEE OR SECURE, ANY PERPETUAL CONTRACT, FUTURE, SWAP, OPTION OR OTHER DERIVATIVE. NOTHING ON THE PUMP PLATFORM, IN THE PUMP SERVICES OR IN THESE TERMS CONSTITUTES AN OFFER, SOLICITATION OR RECOMMENDATION TO ENTER INTO ANY DERIVATIVE TRANSACTION OR TRADING ADVICE OF ANY KIND. THE PERPETUALS FEATURE PROVIDES SOFTWARE THAT ALLOWS YOU TO INTERACT DIRECTLY WITH HYPERLIQUID USING YOUR OWN WALLET; ALL ORDERS ARE INITIATED AND AUTHORISED SOLELY BY YOU. PERPETUAL CONTRACTS ARE NOT OFFERED OR MADE AVAILABLE THROUGH THE PUMP PLATFORM TO ANY PERSON IN THE UNITED STATES OF AMERICA OR TO ANY OTHER PERPS-RESTRICTED PERSON.

31. Voice Chat Feature

31.1. The Pump Platform and Pump Services may include functionality that enables users to communicate through real-time or asynchronous audio communications. The Voice Chat Feature may be made available directly through the Pump Platform or via third-party platforms, integrations, or infrastructure, and may involve interactions with Cross-Platform Users.

31.2. You acknowledge and agree that the Voice Chat Feature may rely on third-party services, infrastructure, or platforms that are not owned or controlled by the Pump Entities. Pump Entities and affiliates make no representations or warranties regarding the availability, reliability, security, or performance of any such third-party services and shall not be liable for any loss or damage arising from or related to such services.

31.3. You are solely responsible for any Audio Content that you transmit, upload, or otherwise make available through the Voice Chat Feature. You represent and warrant that:

• you have all necessary rights, permissions, and consents to transmit such Audio Content;
• your use of the Voice Chat Feature complies with all Applicable Law, including those relating to privacy, recording, consent, and data protection; and
• your Audio Content does not infringe, misappropriate, or violate any rights of any third party.

31.4. Pump Entities reserve the right, but not the obligation, to monitor, moderate, restrict, or terminate access to the Voice Chat Feature at any time. Without limiting any other provision of these Terms, you agree not to use the Voice Chat Feature to:

• engage in harassment, abuse, threats, hate speech, or discriminatory conduct;
• impersonate any person or entity, including through the use of synthetic, modified, or AI-generated voice without clear disclosure;
• transmit false, misleading, or manipulative information, including in connection with any Digital Asset;
• record, store, reproduce, distribute, or otherwise exploit any voice communications without obtaining all necessary consents under Applicable Law; or
• engage in any unlawful, fraudulent, or harmful activity.

31.5. Pump Entities do not guarantee the identity of any user participating in the Voice Chat Feature. You acknowledge and agree that Pump Entities and affiliates may, but are not obligated to:

• monitor, review, record, transcribe, or analyze Audio Content;
• restrict, suspend, or terminate your access to the Voice Chat Feature; and
• remove or limit access to any Audio Content

in each case at their sole discretion and without prior notice, including for purposes of enforcing these Terms, complying with Applicable Law, or protecting users or the Pump Platform.

31.6. You are solely responsible for any Audio Content you transmit and for complying with all Applicable Law, including those relating to consent, privacy, and recording. By using the Voice Chat Feature, you expressly acknowledge and agree that:

• voice communications may be recorded, stored, or otherwise processed by Pump Entities or their service providers;
• you are solely responsible for complying with all laws relating to recording and consent, including obtaining consent from other participants where required; and
• Pump Entities shall have no liability arising from your failure to obtain such consent.

31.7. The Voice Chat Feature may be modified, suspended, or discontinued at any time without notice.

31.8 Pump Entities do not verify the identity of users participating in the Voice Chat Feature. You acknowledge that any user may misrepresent their identity or use altered, synthetic, or AI-generated voice, and you assume all risks associated with such interactions.

31.9 You acknowledge and accept all risks associated with the use of the Voice Chat Feature, including exposure to offensive, unlawful, inaccurate, or misleading Audio Content, and interactions with other users or third parties. Your use of the Voice Chat Feature is at your sole risk.

31.10 Pump Entities and affiliates are not responsible or liable for any Audio Content transmitted by users, including any statements, representations, or conduct occurring through the Voice Chat Feature, whether on the Pump Platform or via third-party platforms.

32. Definitions and Interpretation

In these Terms:

32.1. Section headings and numbering are for convenience only and do not affect the meaning or interpretation.

32.2. “Include” and “including” mean without limitation.

32.3. Any obligation not to do something includes not permitting it to be done.

32.4. Words in the singular include the plural and vice versa; words referring to gender include all genders.

32.5. References to documents include any variations or amendments not in breach of these Terms.

32.6. In case of inconsistency:

a. in relation to the collection, use and other processing of personal data, the Privacy Notice prevails over these Terms;

b. in relation to your use of a Pump Service to which Product-Specific Terms apply, those Product-Specific Terms prevail over these Terms to the extent of the inconsistency; and

c. in all other cases, these Terms prevail over the Incorporated Documents and any other referenced document.

32.7. Capitalized terms shall have the meanings assigned in the Terms unless context requires otherwise.

Defined Terms

Activity History: The record of your Transactions and activity on the Pump Platform and Pump Services.

Agent Key: Has the meaning given in Section 30B.6.

Applicable Law: All relevant laws, regulations, rules, and legal requirements in any jurisdiction applicable to the provision or use of the Pump Platform or Pump Services.

Audio Content: Any voice, speech, sound, or background audio transmitted, uploaded, or generated through the Voice Chat Feature.

Backed Digital Assets: Digital Assets that claim to be backed by, pegged to, collateralized by, or designed to track the value of another asset, including fiat currency, commodities, other Digital Assets, or securities or other financial instruments (including equities, exchange-traded funds, and debt instruments). Backed Digital Assets include fiat-backed stablecoins and RWA Tokens.

Claim or Dispute: Any dispute, claim or legal controversy between you and any Pump Entity or affiliate relating to these Terms, your use of the Pump Platform or Pump Services, or related non-contractual obligations, whether arising in contract, tort or otherwise.

Control: Power to direct the affairs of an entity, including majority ownership, board appointment rights, or equivalent authority; "Controls" and "Controlled" are construed accordingly.

Cross-Platform User: Any user accessing or participating in the Pump Services, including the Voice Chat Feature, via third-party platforms, integrations, APIs, or external services not operated by Pump Entities.

Digital Assets: Digitally represented value stored and transferred via distributed ledger technologies, including cryptocurrencies, NFTs, and tokenized derivatives.

Dispute Notice: Has the meaning given in Section 27.2.

EVM Blockchain: A distributed ledger network that uses the Ethereum Virtual Machine (EVM) as its execution environment for processing transactions and smart contracts in a consistent, deterministic manner across all participating nodes. Such Blockchains maintain a shared state that is updated when users submit transactions, with each state change computed by the EVM according to a standardized set of rules and measured resource usage (often referred to as “gas”).

Fees Page: Has the meaning given in Section 1.5.

Force Majeure Event: Unforeseeable circumstances that prevent us from fulfilling our obligations, e.g., natural disasters, war, pandemics, or major technical failures.

Hyperliquid and Hyperliquid Terms: Have the meanings given in Sections 30B.1 and 30B.3 respectively.

Improper Intent: Behavior deemed fraudulent, abusive, or manipulative by Pump, including unfair advantages and market manipulation.

Incorporated Documents: Has the meaning given in Section 1.5.

Instruction: Any command submitted by you through the Pump Platform or Pump Services to execute a Transaction on a Supported Network, including a Conditional Order.

Prohibited Jurisdiction: (a) the United Kingdom, Cuba, Iran, North Korea, Syria, Russia, Belarus and the Crimea, Donetsk and Luhansk regions of Ukraine; (b) any other country or territory that is the subject of comprehensive sanctions administered or enforced by the United States of America, the United Kingdom, the European Union or the United Nations; and (c) any other jurisdiction identified as prohibited on the Pump Platform from time to time.

Listing Provider: A person, other than the Pair Asset Issuer, that creates, mints, deploys, or maintains the representation of a Supported Pair Asset on a Supported Network, including by means of cross-chain messaging, token-transfer, or canonical-mint infrastructure, together with its affiliates and service providers. As of the date of these Terms, Sunrise, operated by Wormhole Labs, is a Listing Provider for certain Supported Pair Assets on the Solana blockchain. No Pump Entity is a Listing Provider. “Listing Provider Event” has the meaning given in Section 30A.6.

Losses: As defined in Section 24.1, includes direct and indirect damages, costs, and legal fees.

Manifest Error: Obvious mistakes in data or actions that are clear and indisputable.

Pair Asset Issuer: Any person that issues, sponsors, backs, custodies, redeems, or otherwise maintains a Supported Pair Asset, together with its affiliates and service providers. No Pump Entity is a Pair Asset Issuer. “Pair Asset Terms” has the meaning given in Section 30A.4; “Issuer Freeze” and “Pair Asset Event” have the meanings given in Section 30A.6. References in these Terms to a Pair Asset Issuer include, where the context permits, the Listing Provider for the relevant Supported Pair Asset.

Perpetual Contract and Perpetuals Feature: Have the meanings given in Section 30B.1.

Perps-Restricted Person: Has the meaning given in Section 30B.2.

Privacy Notice: The document outlining how we collect, use, and protect your personal data, located at https://pump.fun/docs/privacy-policy.

Product-Specific Terms: Has the meaning given in Section 1.5.

Pump Entity: Each of (a) Bracket Company, Ltd., a company incorporated in the British Virgin Islands with its registered office at [●] ("Bracket"), which owns the Pump Platform and the Pump IP and receives the fees described on the Fees Page; (b) Baton Corporation, Ltd., a company incorporated in England and Wales with its registered office at 82a James Carter Road, Mildenhall, Bury St. Edmunds, England, IP28 7DE ("Baton"), which develops and operates the Pump Platform on behalf of Bracket; and (c) any other entity that Controls, is Controlled by, or is under common Control with Bracket or Baton and that develops, operates or provides any part of the Pump Platform or Pump Services.

Pump IP: All intellectual property owned or licensed by Pump Entities related to the Pump Platform and Pump Services.

Pump Platform: The digital interface and system through which users access Pump Services.

Pump Services: Tools and services provided or created by Pump Entities or affiliates to allow users to create, trade, and discuss User-Generated Digital Assets, as well as enabling users to publish a livestream and voice-based communication features (including the Voice Chat Feature) accessible to other users of the Pump Platform

Regulatory Authority: Any relevant national or international regulator, court, tax authority, or government body.

Restricted Feature: Has the meaning given in Section 1.6.

RWA Token: A Backed Digital Asset that claims to be backed by, or to track the price or value of, one or more real-world assets, including securities, equities, exchange-traded funds, debt instruments, or other financial instruments, whether or not it confers any legal or beneficial interest in the underlying asset.

Security Breach: Any actual or suspected unauthorised access to, or cyberattack affecting, your Wallet, Agent Key, recovery credentials, connected social login, device, session, voice communication channel or third-party integration, or the Pump Platform or Pump Services, and any impersonation, social engineering, deceptive synthetic voice usage or fraudulent communication that may affect your access to the Pump Platform or Pump Services.

Sites: The website and all other online interfaces operated by Pump.

Supported Network: A blockchain network on which the Pump Platform enables the submission of Instructions and the settlement of Transactions. As of the date of these Terms, the Supported Networks are (i) the Solana blockchain and (ii) Robinhood Chain, an EVM Blockchain operated as an Ethereum Layer 2 network, together with any other EVM Blockchain or other network identified as supported on the Supported Pair Assets list or elsewhere on the Pump Platform from time to time. Robinhood Chain is operated by a third party unaffiliated with the Pump Entities. Not every Pump Service, User-Generated Digital Asset, or Supported Pair Asset is available on every Supported Network.

Supported Pair Asset: A Digital Asset, other than a User-Generated Digital Asset, that the Pump Entities have in their sole discretion enabled for use as the paired asset against which a User-Generated Digital Asset may be launched, priced, or traded on the Pump Platform, as identified on the Supported Pair Assets list on the Pump Platform, as updated from time to time. Supported Pair Assets may include SOL, USDC, Backed Digital Assets, and other Digital Assets issued, sponsored, or maintained by third parties.

Terms: These Terms of Use, including the Incorporated Documents, as amended from time to time in accordance with Section 14.

Trade Marks: All logos, branding, and service marks used in connection with the Pump Platform.

Transaction: The creation, buying, or selling of Digital Assets on or through the Pump Platform.

Created IP: All intellectual property in any software, smart contract code, interface elements, data structures, analytics, metadata, improvements to the Pump IP or other artefacts generated by or through the Pump Platform or Pump Services in the course of your use of them, excluding the User Materials.

User-Generated Digital Asset: A Digital Asset created by a user via Pump Services.

User Materials: All content (e.g., Digital Assets, posts, images) that you upload or create via the Pump Platform.

Voice Chat Feature: Any functionality made available through the Pump Platform or Pump Services that enables real-time or asynchronous audio communication between users, including through third-party integrations.

Wallet: The digital wallet you connect to the Pump Platform, including those generated through Privy.io.