LEGAL

Risk Disclosure Statement

Last updated: 19 September 2026

Risk Disclosure

1. Real assets in a beta

The Base mainnet beta uses real assets and real transaction fees. Software or integration defects can cause loss, including total loss. Only participate with assets you can afford to lose. There is no guaranteed return, principal protection or general insurance coverage.

2. Market and strategy risk

Prices, correlations and liquidity can change rapidly. Concentrated baskets and manager decisions can produce losses. Stablecoins can depeg, freeze or become difficult to redeem. DTF shares have no guaranteed fixed value or liquid secondary market. Historical returns and simulated screens do not predict results.

3. Perpetual and venue risk

Leverage magnifies losses. Margin requirements, liquidation, funding and trading fees affect outcomes. Venue outages, execution failures, account restrictions and remote collateral arrangements create risks beyond a Base transaction. Position values can move during transfers or pending withdrawals.

4. Withdrawal and settlement risk

Lock periods, liquidity, slippage, stale NAV, safety controls and paused or restricted states can delay or prevent an action. Perpetual redemptions may create queued claims; shares can be burned before all USDC is paid, and settlement can be partial. A successful request does not mean the full payment has arrived.

5. Technical and operational risk

Contract bugs, compromised permissions, incorrect data, transaction ordering, network congestion, bridges and third-party failures can cause losses. Audits only cover their stated scope and reviewed version. They do not guarantee every DTF, deployment, upgrade or integration.

6. Manager and administrator permissions

The core team retains administrative control during beta. Managers and authorised services have operational roles, including supported transaction, configuration and settlement actions. Assets may sit in vaults or external-venue arrangements. Do not assume exclusive personal custody, immutable configuration or token-holder governance.

7. Tokenised-asset rights

Future tokenised equities, bonds, gold and other products depend on enabled issuers, integrations and access requirements. A token may represent contractual or synthetic exposure rather than direct title. Issuer or custodian insolvency, redemption limits, corporate actions, transfer restrictions and enforceability can affect value. Asset icons do not establish availability or endorsement.

8. Fees and valuation

Fee-share issuance dilutes ownership. Gas, slippage, trading fees, funding and collateral-transfer costs affect returns. A DTF-level high-water mark may differ from your entry price. NAV and withdrawal estimates can change before execution.

9. Beta rewards

bDXP is separate from DTF shares and production DXP, with no promised price, liquidity, conversion, revenue share, governance or staking yield. Only announced campaign terms establish eligibility. Historical campaigns are not current offers.

10. Eligibility and account safety

A working website or invitation is not evidence of regulatory permission, professional licensing or investment suitability. Review the DTF terms and applicable restrictions. Verify contracts and signing requests, protect devices and avoid impersonators. Support will not request private keys or seed phrases.

Contact: support@dexponent.com. Never send private keys, seed phrases, passwords or login codes.

Base mainnet beta. Digital assets can lose all value. DTF shares are not bank deposits; returns and withdrawals are not guaranteed. Future asset classes are subject to availability and eligibility. Read the risks.

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