Legal
Terms of Service
Terms governing the use of Merum's interface and protocol.
Draft — to be finalized by counsel
This page is a placeholder. The final Terms of Service are being prepared by legal counsel and will replace this draft before mainnet launch. The text below is an outline of intended scope, not a binding agreement, and nothing here is legal advice.
Intended scope (outline)
The finalized Terms of Service are expected to cover, at minimum:
- Eligibility and geographic restrictions. Merum is not available to users in the United States or in OFAC-sanctioned jurisdictions, which are geoblocked. Users are responsible for compliance with their local laws.
- Nature of the service. Merum provides a non-custodial interface to a set of smart contracts. Merum does not take custody of user funds, does not act as a broker or lender of record, and does not provide investment advice.
- Assumption of risk. Use of the protocol involves significant risk, including the possible loss of collateral through liquidation and the risks described in the Risk disclosures.
- No warranty. The interface and protocol are provided "as is" without warranties of any kind, to the maximum extent permitted by law.
- Limitation of liability. Limits on the liability of Merum Finance FZ-LLC and its affiliates.
- Operator. The protocol is operated by Merum Finance FZ-LLC, registered in Dubai.
- Governing law and dispute resolution.
The final, binding terms will be published here prior to launch. By using Merum, you will agree to those terms.