Last updated: September 26, 2025
This Terms of Use (the“TOU”) is entered into between you (“you” or “your”) and Covalent Research & Development, which develops and operates SpeedRun, and any affiliates or subsidiaries (collectively, “SpeedRun”, “we”, “our” or “us”), and applies to all websites, including, speedrunapp.com and speedrunapp.xyz (the “Website”), and products and services, including free products and services offered by SpeedRun (collectively, the “Service”).
BY CLICKING “I AGREE” OR SIMILAR CONFIRMATION OR BY USING THE SERVICE YOU ACKNOWLEDGE THAT YOU HAVE READ, UNDERSTAND, AND AGREE TO BE BOUND BY THIS TOU AND ANY ADDITIONAL TERMS AT THE WEBSITE. YOU FURTHER ACKNOWLEDGE THAT YOU UNDERSTAND THE RISKS, RESPONSIBILITIES, AND IMPLICATIONS OF USING THE SERVICE. IF YOU DO NOT AGREE TO BE BOUND BY THE TOU, YOU MAY NOT ACCESS OR USE THE SERVICE.
IF YOU ARE AGREEING TO THIS TOU ON BEHALF OF AN ORGANIZATION, YOU REPRESENT THAT YOU ARE AUTHORIZED TO BIND THE ORGANIZATION AND ARE AGREEING ON BEHALF OF THAT ORGANIZATION. WHERE YOU ARE AGREEING ON BEHALF OF AN ORGANIZATION, “YOU” OR “YOUR” REFERS TO THAT ORGANIZATION.
SPEEDRUN IS NOT A BROKER, FINANCIAL INSTITUTION OR INTERMEDIARY AND IS IN NO WAY YOUR AGENT, ADVISOR, OR CUSTODIAN. WE CANNOT INITIATE A TRANSFER OF ANY OF YOUR CRYPTOCURRENCY OR DIGITAL ASSETS OR OTHERWISE ACCESS YOUR DIGITAL ASSETS IN YOUR WALLET. SPEEDRUN HAS NO FIDUCIARY RELATIONSHIP OR OBLIGATION TO YOU REGARDING ANY DECISIONS OR ACTIVITIES THAT YOU EFFECT IN CONNECTION WITH YOUR USE OF THE SERVICE. UNLESS EXPLICITLY PROVIDED IN WRITING, WE DO NOT HOST OR MAINTAIN ANY ECOSYSTEM PARTNER SERVICES ACCESSIBLE THROUGH OUR SERVICE, DO NOT PARTICIPATE IN TRANSACTIONS ON SUCH ECOSYSTEM PARTNERS' PLATFORMS, AND DO NOT RECOMMEND, ENDORSE, OR OTHERWISE TAKE A POSITION ON YOUR USE OF ECOSYSTEM PARTNERS' PLATFORMS OR SERVICES.
SPEEDRUN IS NOT CAPABLE OF PERFORMING TRANSACTIONS OR SENDING TRANSACTION MESSAGES WITHOUT YOUR ORDER OR INSTRUCTION AND ALL TRANSACTIONS ARE INITIATED BY YOU.
The Service operated by SpeedRun may be subject to one or more supplementary terms “Additional Terms” available on the Website. If there is any conflict between the TOU and the Additional Terms, the Additional Terms shall apply with respect to your use of the Service.
SpeedRun reserves the right to modify the TOU and Additional Terms at any time (each, an “Update”) and shall make each Update available on the Website. You are deemed to accept any Update by continuing to use the Service after the Update is made available. Unless SpeedRun states otherwise, an Update is effective immediately upon posting on the Website. It is your responsibility to check these TOU periodically for changes.
4.1 Subscription. SpeedRun grants you a limited, revocable, non-exclusive, non-transferable subscription to access the Service and to use features associated with your Account as restricted by this TOU. You acknowledge and agree that we may modify, suspend or remove sections or features of the Website, your Account or any part of the Service at any time, acting in our sole and absolute discretion.
4.2 License. If accessing the Service, including through any Plan, SpeedRun grants you a non-exclusive, non-sublicensable, non-transferable, revocable, limited license to access and use the Service if used from SpeedRun directly or from an authorized third party, as restricted by your Plan terms. You agree that no title or ownership interest in the Service is transferred or assigned to you and that this TOU is not a sale of any right to the Service.
4.3 Payment and Fees. To purchase the Service, you must provide SpeedRun with valid payment information requested by SpeedRun and agree that we, or a third-party payment provider on behalf of SpeedRun, may initiate payment for any purchase you authorize (each, a “Payment”). Upon purchase of a paid Plan, a Payment will be triggered. Thereafter, a Payment may be initiated automatically at predetermined intervals (“Recurring Payment”) or when your Credit Limit is negative until you provide SpeedRun with a cancellation notice per section 4.7. Payments may be processed by one or more third parties on behalf of SpeedRun, and such third parties may change without notice to you. SpeedRun does not store your payment details internally, and any payment information you share with us may be stored via a third-party payment provider. You must promptly notify SpeedRun of any changes related to your payment method by updating your Account.
The use of the Service may incur applicable fees as outlined on our Website (“Fees”). You authorize us to automatically deduct these Fees directly from the Payments associated with your
Account or your Wallet. We reserve the right to change or modify our Fees at any time. Fees may be processed by one or more third parties on behalf of the Service, and such third parties may change without notice to you. Any changes of Fees will take effect upon posting on our Website. Your first use of the Service following any changes to our Fees will constitute your acceptance of those changes. If you do not agree with the updated Fees, you must discontinue using the Service.
In addition to our Fees, other fees may apply to your transactions, including gas fees, slippage, priority fees, and token issuance platform fees, which are charged by network validators, token issuance platforms, and other third parties outside of SpeedRun.
All Payments and Fees are denominated in United States dollars unless otherwise specified.
4.5 Taxes. All fees charged for Service are exclusive of all taxes and similar fees now in force, enacted or imposed in the future on the transaction and/or the delivery of Service, all of which you will be responsible for and will pay in full, except for taxes solely based on SpeedRun’s net income.
4.6 Plan Details. The Service may offer plans with a limited number of credits (each, a “Plan”) which, if selected by you, shall apply to your use of the Service. Each Plan has a limited number of credits (“Credit Limits”). A Free Trial Plan may be offered which may have a duration limit (“Trial Period”) in addition to a Credit Limit. Certain plans may require Additional Terms.
4.7 Cancellation.
(a) Free Trial Plan. Your Free Trial Plan will automatically terminate upon the earlier of (i) the expiration of the Trial Period, or (ii) the exhaustion of the Credit Limit.
(b) Other Plans. You may cancel your Plan via the Service or by email. Your Account will remain under the Plan until your next Recurring Payment is due. After that, your Account will be switched to the Free Plan. Upon cancellation, all outstanding fees or Payment owed to SpeedRun shall remain due and payable, and you agree that we may charge your selected payment method (e.g. credit card or Wallet) for all outstanding fees or Payment owed.
4.8 Authorized Use. When using the Service, you may not:
a. gain or attempt to gain unauthorized access to the Service, the computer systems, digital wallets, protocols, or networks connected to the Service;
b. share your Account with others (except as explicitly permitted in writing by SpeedRun);
c. alter, change or circumvent security-related aspects of the Service;
d. use any automated system (robot, spider, etc.) or any similar or equivalent manual process to access, acquire, copy or monitor any portion of the Service;
e. reproduce, rearrange, modify, change, alter, decompile, reverse engineer, translate, create derivative works from, display, perform, publish, or distribute the Service;
f. break, disrupt or attempt to break or interfere with any device used to support the Service or other’s experience of the Service or knowingly exploit a flaw or bug in the Service;
g. store, upload, or transmit material that is infringing, libelous, unlawful or in violation of any person’s rights or a group of people’s rights;
h. use the Service to provide information or data to a competitor of SpeedRun;
collect or harvest data from the Service that would allow you to contact individuals, companies, or other persons or entities, or use any such data to contact such entities;
engage in or knowingly facilitate any "front-running," "wash trading," "pump and dump trading," "ramping," "cornering" or fraudulent, deceptive or manipulative trading activities;
k. harass, abuse, stalk, threaten, attempt to impersonate or impersonate SpeedRun or any person or group of people, including, without limitation, SpeedRun employees or another user;
l. sell, rent, lease or sublicense the Service or access thereto, unless expressly permitted by SpeedRun;
m. promote, encourage or undertake illegal activities;
n. infringe or violate third-party rights including but not limited to: (i) contractual rights; (ii) copyright, patent, trademark or trade secret rights; (iii) privacy rights; (iv) publicity rights; or (v) confidential information, as determined by SpeedRun in our sole and absolute discretion; or
o. post, upload, or publish, whether on the Service or any other platform or media, any abusive, defamatory, dishonest, obscene, or misleading message, or any message intended to manipulate a market or that is otherwise in contravention of applicable laws, particularly where such message relates to or is in respect of your use of the Service.
4.9 Suspension and Termination. SpeedRun may suspend or terminate access to the Service and/or your Account, without notice or compensation to you, at any time for any reason (or for no reason), including but not limited to technical issues, your non-compliance with the TOU or your failure to adhere to the terms of an agreement with SpeedRun. SpeedRun has sole discretion to lift a suspension or reverse a termination. Your access to the Service and/or your Account automatically terminates upon the earliest of the date: (a) you or SpeedRun terminates access to your Account or (b) of your non-compliance with the TOU.
4.10 Privacy Policy and Privacy Law Compliance. Your use of the Service is governed by a Privacy Policy detailing how SpeedRun collects, uses and discloses personal and anonymous data about you and is available at the Website. You acknowledge that the Privacy Policy forms an integral part of this TOU and that your use of the Service signifies your consent to the data practices described therein, which are designed to comply with applicable privacy laws. If at any time you disagree with the Privacy Policy, you must immediately stop use of the Service and contact SpeedRun at the address provided below.
5.1 Ownership and Rights. SpeedRun retains all rights, titles and interests in the Service, including but not limited to copyrights, copyrightable works, patents, patent rights, trademarks, trade names and trade secrets, and in Accounts or modifications to the Service and/or interactions and analytics data provided by you through the Service (collectively, “SpeedRun Content”). The TOU does not convey any right, title or interest in, or constitute the sale of any right to, SpeedRun Content, the Service, any related software or your Account, except as expressly provided in this TOU.
5.2 User Content. Through the Service, you may provide SpeedRun with questions, responses, comments, customer feedback, recommendations, advice, ideas, submissions, forum posts, or other information (“User Content”). User Content excludes anything that is already SpeedRun Content. By providing User Content, you represent and warrant that all consents, licenses and rights necessary to license User Content to SpeedRun are obtained and hereby grant SpeedRun an irrevocable, fully paid, royalty-free, non-exclusive, perpetual, worldwide license to User Content under all copyright, trademark, trade secret, patent, privacy and publicity rights and any other intellectual or industrial property rights you own or control to use, broadcast, disclose, display, distribute, modify, make derivative works of, publicly perform, publish, record, reproduce, sublicense (on multiple levels), translate, transmit or otherwise exploit for all purposes and in all formats and mediums without attribution, notice, permission, royalty or payment. SpeedRun is under no obligation to review or act upon any User Content that you may provide.
5.3 Links to other Websites. Our Service may contain links to third-party websites. These links are provided solely as a convenience to you. By linking to these websites, we do not create or have an affiliation with or sponsor such third-party websites. The inclusion of links within our Service does not constitute any endorsement, guarantee, warranty, or recommendation of such third-party websites. SpeedRun has no control over the legal documents and privacy practices of third-party websites; as such, you access any such third-party websites at your own risk.
6.1 DISCLAIMER.THE SERVICE PROVIDED TO YOU “AS IS” AND SPEEDRUN AND ITS SUBSIDIARIES, AFFILIATES, OFFICERS, DIRECTORS, EMPLOYEES, REPRESENTATIVES AND ASSIGNS (COLLECTIVELY, ITS “REPRESENTATIVES”) DISCLAIM ALL REPRESENTATIONS, WARRANTIES AND CONDITIONS, EXPRESS, IMPLIED OR STATUTORY, INCLUDING WITHOUT LIMITATION MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT OF THIRD-PARTY RIGHTS OR COMPLIANCE WITH LAWS WITHIN YOUR JURISDICTION. WITHOUT LIMITING THE FOREGOING, SPEEDRUN MAKES NO REPRESENTATIONS THAT USE OF THE SERVICE WILL NOT INFRINGE ANY COPYRIGHT, PATENT, TRADEMARK LAW OR OTHER RIGHTS HELD BY A THIRD PARTY. FURTHER AND WITHOUT LIMITING THE FOREGOING, SPEEDRUN AND ITS REPRESENTATIVES MAKE NO REPRESENTATIONS OR WARRANTIES THAT THE SERVICE, SERVICES PERFORMED AND PRODUCTS PROVIDED BY SPEEDRUN OR OTHER THIRD PARTIES OR ANALYTICS PROVIDED THROUGH THE SERVICE, WILL COMPLY WITH APPLICABLE LAWS WITHIN YOUR JURISDICTION, MEET YOUR REQUIREMENTS, NOT CAUSE DAMAGE TO YOU, YOUR PROPERTY OR PROPERTY OF OTHERS, OR THAT OPERATION OF THE SERVICE WILL BE UNINTERRUPTED, CONTINUOUSLY AVAILABLE, ERROR-FREE OR WILL NOT HARM YOUR COMPUTER OR MOBILE DEVICE OR RESULT IN LOST DATA. NO ORAL ADVICE OR WRITTEN INFORMATION PROVIDED BY SPEEDRUN AND ITS REPRESENTATIVES SHALL CREATE ANY WARRANTY, AND YOU SHALL NOT RELY EXCLUSIVELY UPON SUCH ADVICE OR INFORMATION. YOU BEAR THE ENTIRE RISK AS TO THE PERFORMANCE, OPERATION AND QUALITY OF THE SERVICE.
6.2 LIMITATION OF LIABILITY. SPEEDRUN AND ITS REPRESENTATIVES SHALL NOT BE LIABLE TO YOU FOR ANY CLAIM, LOSS OR DAMAGE OF ANY KIND ARISING OUT OF OR RELATING TO THE SERVICE OR THIRD-PARTY SERVICES, INCLUDING WITHOUT LIMITATION DIRECT, CONSEQUENTIAL, INCIDENTAL OR SPECIAL DAMAGES. TO THE EXTENT THAT THE ABOVE LIMITATION OF LIABILITY IS NOT APPLICABLE IN YOUR JURISDICTION, ANY CLAIM THAT YOU MAY HAVE AGAINST SPEEDRUN AND ITS REPRESENTATIVES MUST BE COMMENCED NO LATER THAN 6 MONTHS AFTER THE DAY ON WHICH THE CLAIM IS DISCOVERED OR OUGHT TO HAVE BEEN DISCOVERED BY YOU.
6.3 MAXIMUM AGGREGATE LIABILITY. NOTE THAT SOME JURISDICTIONS DO NOT ALLOW THE DISCLAIMER OF CERTAIN TERMS OR WARRANTIES OR EXCLUSION OF LIABILITY FOR CERTAIN DAMAGES AND, IF ANY DISCLAIMER OR LIMITATION OF LIABILITY IS FOUND UNENFORCEABLE, VOID OR DOES NOT FULLY SHIELD SPEEDRUN AND ITS REPRESENTATIVES FROM LIABILITY, YOU AGREE THAT SPEEDRUN’S (AND ITS REPRESENTATIVES’) MAXIMUM AGGREGATE LIABILITY IN ANY CASE WHATSOEVER WILL BE THE TOTAL AMOUNT PAID BY YOU TO SPEEDRUN IN THE 12 MONTHS IMMEDIATELY PRECEDING THE DATE OF THE HARM IN QUESTION OR $100 US DOLLARS, WHICHEVER IS HIGHER.
6.4 Indemnity. You shall defend and indemnify SpeedRun and its Representatives against any claim, demand, suit or proceeding made or brought against SpeedRun and its Representatives in connection with your use of the Service (each, a “Claim” ) including, but not limited to, any Claim that SpeedRun, the Service, or you, (i) infringe or misappropriate a third party’s intellectual property rights, (ii) violate any applicable law, including any failure to obtain the required legal documentation, including applicable consent documentation, prior to using the Service, (iii) cause bodily harm or death, or (iv) commit an act of gross negligence or intentional misconduct. Your obligation to indemnify SpeedRun and its Representatives arises so long as SpeedRun: (a) promptly gives written notice of the Claim against SpeedRun (b) gives you sole control of the defense and settlement of the Claim except that you shall not enter any settlement or disposition that attributes liability or confers a financial obligation on SpeedRun without SpeedRun’s advance written consent, which shall not be unreasonably withheld or delayed; and (c) gives all reasonable assistance, at your expense.
6.5 Trade Restrictions. You acknowledge that the Service, any information we supply you, and any products, services, information, documentation, software, technology, technical data, and any derivatives thereof, that SpeedRun makes available pursuant to this TOU (collectively “Excluded Data”) are subject to the export control and sanctions laws and regulations of the United States and other countries that may prohibit or restrict access by certain persons or from certain countries or territories currently including, but not limited to, Cuba, the Crimea region of the Ukraine, Sudan, Iran, North Korea and Syria (“Trade Restrictions”). You represent and warrant that you are not: (i) located in an embargoed country or territory, (ii) under the control of an entity organized in or a resident of an embargoed country or territory, (iii) listed on any U.S. government list of persons or entities with which U.S. persons are prohibited from transacting, including, but not limited to, OFAC’s List of Specially Designated Nationals and Other Blocked Persons, the U.S. State Department's Nonproliferation Sanctions lists, the U.S. Commerce Department’s Entity List or Denied Persons List located here; or (iv) subject to end destination export control regulations, such as, but not limited to, the U.S. Export Administration Regulations and U.S. Government EU Dual-Use Regulation EC 428/2009. You are solely responsible for complying with Trade Restrictions for all Excluded Data and any of its content transmitted through the Site. If we determine in our sole discretion that you are actually or likely to be in violation of any representation or warranty set out in this Section, we have the right to terminate your use of and/or access to the Service immediately with or without notice to you, and without compensation to you.
6.6 Reasonable Use Policy. SpeedRun reserves the right to prevent or stop any customer’s use of SpeedRun services that exceeds the Rate Limit and/or Credit Limit allowance included in their Plan, or that appears to be abusive or is unduly burdensome on SpeedRun and its internal systems. For more information on how this policy applies to your Plan, please contact us at operations@covalent.com.
6.7 User Responsibility. It is your responsibility to evaluate the risks of using the Service. In doing so, you have and may have to rely upon your own knowledge of software development, blockchain technology, cryptographic tokens, token storage mechanisms such as digital wallets, cyber security, personal financial and tax, and business matters, or the advice of your own technical advisors, legal counsel, tax advisors, and/or other advisors as need be. You acknowledge that you are solely responsible for any decisions you make regarding your use of the Service and you understand that it is your responsibility to ensure that you have sufficient knowledge and experience to make informed decisions about any application, service, website, token, smart contract or other software that you deploy via the Service. You acknowledge and agree that you are solely responsible for your own decisions, actions, and any liability that may result from any application, service, website, token, smart contract or other software that you deploy via the Service.
7.1 No Joint Relationship. Nothing in the TOU shall be construed to create any joint partnership, joint venture, employer-employee or agency relationship between you and SpeedRun.
7.2 Publicity. You grant us the right to use the name and image of any application, service, website, token, smart contract or other software you develop using the Service as well as your company name and logo as a reference for marketing or promotional purposes on our Website and in other public or private communications with our existing or potential customers, subject to your standard trademark usage guidelines as provided to us from time to time.
7.3 Governing Law. The TOU and Privacy Policy are governed by the laws of the province of British Columbia and the laws of Canada, without reference to principles of conflicts of laws. The parties irrevocably attorn to the jurisdiction of the appropriate provincial and federal courts of the province of British Columbia to hear any proceedings related to the TOU or Privacy Policy.
7.4 Severability and Waiver. If any provision of the TOU or Privacy Policy is held by a court of competent jurisdiction to be invalid or unenforceable, such provision shall be changed and interpreted so as to best accomplish the objectives of the original provision to the fullest extent allowed by law with remaining provisions of the TOU in full force and effect. No failure or delay by a party in exercising any right, power or remedy under the TOU constitutes a waiver.
7.5 Force Majeure. Neither you nor SpeedRun shall be liable for failure to perform any obligation under the TOU to the extent such failure is caused by a force majeure event (including acts of God, pandemics (including government-imposed recommendations and restrictions due to a pandemic), natural disasters, war, civil disturbance, action by a government entity, strike, and other causes beyond reasonable control). The party affected by the force majeure event shall provide notice to the other party within a commercially reasonable time and shall use commercially reasonable efforts to resume performance as soon as practicable. Obligations not performed due to a force majeure event shall be performed as soon as reasonably possible when the force majeure event concludes.
7.6 Assignment.SpeedRun may assign the TOU without your consent or notice to you. You cannot assign the TOU.
7.7 Survival. Sections of this TOU that are intended to survive termination shall survive termination of this TOU.
7.8 Entire Agreement. The TOU, Additional Terms, together with the Privacy Policy, constitute the entire agreement between you and SpeedRun with respect to the subject matter hereof and supersedes any prior oral or written agreements, communications, representations or undertakings provided.
7.9 Contact. You may contact SpeedRun regarding any matter contained in this TOU or send questions to SpeedRun at operations@covalenthq.com.