LEGAL · VERSION 1 · EFFECTIVE 2026-07-19

Risk disclosure

Read this before using BoltsDEX. Using the application means accepting these risks.

Testnet deployment

This deployment runs exclusively on the Cardano preprod test network. Assets on it have no monetary value. Do not send mainnet funds to any address shown by this application; nothing here is approved for mainnet use.

Smart-contract and software risk

The validators, matching engine, gateway and this interface are under active development and have not completed an external audit. Defects could delay, block or — in the worst case — lose funds locked in orders. The software is provided as-is, without warranty.

Hydra operational risk

Settlement happens inside a Hydra Head operated by the venue. If the Head must close, open orders stop matching and funds return to Cardano layer 1 through the protocol’s contestation and fanout process, which takes time and requires layer-1 fees. Confirmed snapshots — not HTTP responses — are the only settlement finality.

Your keys, your responsibility

BoltsDEX never holds your keys and cannot reverse a signed transaction, recover a lost wallet or restore a compromised one. An API identity key is not a custody key, but you should revoke it if its device is compromised. Verify every transaction in your wallet before signing.

Market risk

Orderbook prices are set entirely by user orders. Thin books can produce large spreads and price gaps. A resting order has no expiry and remains fillable at its limit price until you cancel it.