Last Updated: February 10, 2026

Introduction

These Robinhood Chain Testnet Terms of Service (“Terms”) set forth the legally binding terms and conditions that govern your access to and use of the Robinhood Chain Testnet (the “Testnet”) and any other content, tools, documentation, SDKs, features, and functionality made available on or through https://docs.robinhood.com/chain (collectively, the “Services”).The Services are provided by Robinhood Digital Asset, LLC (“Robinhood,” “we,” “us,” or “our”).

For purposes of these Terms, “you” and “your” refer to you as the user of the Services; if you access or use the Services on behalf of a company or other entity, “you” includes both you and that entity, and you represent and warrant that you have the authority to bind the entity to these Terms and that you agree to these Terms on its behalf.

By using or accessing the Testnet, you agree to be bound by these Terms and any documentation and guidelines accompanying the Testnet, and all other terms, policies, and guidelines applicable to your use. If you do agree to these Terms, please do not access or use the Testnet.

Accessing Services

The Services

Robinhood Chain is a permissionless, Ethereum-compatible Layer-2 blockchain designed to support a new era of on-chain financial infrastructure. As part of the Services, Robinhood makes available the Testnet, an experimental, beta, pre-production blockchain network offered solely for testing, development, and research purposes of the Robinhood Chain. The Testnet is not intended for use with real assets or economic value, and any activity on the Testnet has no legal effect and confers no rights, title, or interest of any kind. You acknowledge and agree that the Services, including the Testnet, may contain bugs, errors, security vulnerabilities, or design flaws and may not function as intended.

Developer documentation and related technical resources for the Services are available at https://docs.robinhood.com/chain.

Eligibility

To access or use the Services, you represent and warrant that: (a) you are at least eighteen (18) years old and have full legal capacity to enter into these Terms; (b) your access to and use of the Services is not prohibited by applicable laws or regulations in your jurisdiction; and (c) you are not a Prohibited Person. Robinhood reserves the right to verify eligibility and deny or terminate access at its discretion.

For purposes of these Terms, a “Prohibited Person” means any individual or entity that is (a) the subject of sanctions administered by any governmental authority (including the U.S. Treasury Department's OFAC list, the U.K. or E.U. consolidated lists), (b) located, resident, or organized in any jurisdiction subject to comprehensive sanctions, or (c) owned or controlled by such persons.

Prohibited Use

You may use the Services, including the Testnet, only in accordance with these Terms. Further, you may not use the Services in connection with any of the following activities (each, a “Prohibited Use”).

• Unlawful Activity. Any activity that violates or facilitates the violation of applicable laws, regulations, or sanctions, or involves proceeds of unlawful activity, including the creation, distribution, or dissemination of unlawful content or information or assets illegally obtained.
• Abuse or Harm to Others. Conduct that interferes with or restricts another person’s use of the Services, including harassment, abuse, threats, stalking, defamation, extortion, impersonation, or infringement of others’ legal rights; exploiting or harming minors; soliciting or misusing personal data; transmitting spam, junk mail, or other unsolicited promotional materials; or promoting hate, discrimination, or violence.
• Fraud or Deception. Any activity intended to deceive or defraud Robinhood, other users, or third parties, including providing false, misleading, or inaccurate information, or engaging in conduct designed to misrepresent facts or unlawfully obtain property or value.
• Network Abuse or Security Violations. Any activity that interferes with, disrupts, degrades, or attempts to circumvent the intended operation, security, or integrity of the Services, the Testnet, or any underlying blockchain or infrastructure, including unauthorized access attempts, use of automated tools (such as bots, scrapers, or spiders), denial-of-service activity, or bypassing technical or usage restrictions.
• Intellectual Property and Rights Violations. Any activity that infringes, misappropriates, or otherwise violates the intellectual property, privacy, publicity, or other legal rights of Robinhood or any third party, including unauthorized use of Robinhood’s name, trademarks, logos, or branding, or any conduct that falsely implies endorsement by or affiliation with Robinhood.

You further agree you will not encourage or induce any third party to engage in any Prohibited Use.

Acknowledgments and Covenants

By accessing or using the Services, including the Testnet, you confirm that:

• you will use the Services solely for lawful testing, experimentation, evaluation, and development purposes;
• you will not engage in any Prohibited Use and will comply with all applicable laws, rules, and regulations, including sanctions and export control laws, in connection with your access to and use of the Services;
• your use of the Services is subject to and will comply with these Terms and all applicable technical documentation, guidelines, policies, and limitations provided by Robinhood, as may be updated from time to time, and you will not attempt to exceed, bypass, or circumvent any such limitations;
• you will not misrepresent, obscure, or mask your identity when using the Services, will avoid conflicts of interest and intentional unethical conduct, and will not intentionally or negligently cause reputational harm to Robinhood;
• you understand and acknowledge that the Testnet may operate on public or semi-public infrastructure and that your activity—including addresses, transactions, smart contracts, and other interactions—may be publicly visible, and you do not expect privacy or confidentiality with respect to such activity;
• you will perform only those transactions and interactions that are lawful in your jurisdiction;
• you have obtained and reviewed sufficient information regarding the Services, the Testnet, and related functionality to make an informed decision to access and use the Services;
• you bear sole responsibility for all activities conducted through or in connection with your access to the Services, including transactions, interactions, disclosures, submissions of information, and acceptance of agreements; and
• you have the legal authority to access and use the Services and to enter into these Terms, including on behalf of any entity you represent.

Connecting a Wallet

To access and use certain Services, including the Testnet, you must use a non-custodial digital wallet that enables you to interact with public blockchains (a "Wallet"). Your use of any Wallet is subject to the applicable terms of service or equivalent agreement of the applicable Wallet provider. You are solely responsible for maintaining the security of your Wallet, including safeguarding your cryptographic private keys, seed phrases, and other credentials associated with your Wallet. Robinhood does not and will not manage, store, collect or otherwise access the private keys for your Wallet. You acknowledge and agree, you are solely responsible for your use of any Wallet, and Robinhood will not be liable for any acts or omissions by you, or for any losses resulting from your Wallet being compromised. You may disconnect your digital wallet from the Testnet at any time.

Testnet Tokens; Testnet Stock Tokens

Use of the Testnet requires Testnet tokens (“Testnet Tokens”) to simulate transaction fees, execution costs, or other network resources (including any units commonly referred to as “gas” or similar concepts). As part of the Services, Robinhood may also make available Testnet versions of stock tokens (“Testnet Stock Tokens”) solely for testing and development purposes. Testnet Stock Tokens are designed to replicate blockchain-transferable assets as that are intended to reference, on a notional basis, the performance of specified underlying assets. The Testnet Stock Tokens do not possess any monetary or intrinsic value or confer any contractual rights. The specific functionality and utility of Testnet Stock Tokens may be modified, expanded, limited, or discontinued and may or may not be indicative of the future functionality or utility of any Robinhood services.

Testnet Tokens and Testnet Stock Tokens may be obtained through a designated faucet available at [URL], which made available by Robinhood. Access to the faucet is provided on an as-available basis and may be rate-limited, restricted, suspended, or revoked at any time in Robinhood’s sole discretion.

You acknowledge and agree that: (a) you are solely responsible for maintaining sufficient Testnet Token balances in your Wallet and for reviewing and approving all Testnet transactions before authorization; (b) Testnet Tokens and Testnet Stock Tokens have no monetary or intrinsic value, do not represent any rights or entitlements, and will never convert into, accrue, or be exchangeable for any other digital assets; (c) holding a Testnet Stock Token does not entitle you to the value of, or any economic exposure to, any underlying asset; (d) Testnet Tokens and Testnet Stock Tokens are not redeemable for cash or other consideration and may not be sold, traded, transferred, or exchanged outside the Testnet, and any such attempt is void; (e) Testnet Stock Tokens may not track the value or performance of any underlying asset on a 1:1 basis (or at all); and (f) Robinhood makes no guarantees regarding the availability, persistence, or integrity of the Testnet, Testnet Tokens, balances, or transaction records, all of which may be modified, reset, suspended, or deleted at any time without notice or liability, including upon modification, reset, expiration, or termination of the Testnet, and you assume all risks associated with their use, loss, or unavailability.

Ownership; Feedback

Ownership of Materials; Reservation of Rights

The Services and all content, software, code, documentation, interfaces, designs, graphics, text, audiovisual elements, and other materials made available through the Services (collectively, the “Robinhood Materials”), excluding any open-source software, are owned by Robinhood, its licensors, or other providers of such material and are protected by applicable and/or international copyright, trademark, patent, trade secret, and other intellectual property or proprietary rights laws. You agree not to take any action inconsistent with such ownership. Open-source components, if any, are governed solely by their applicable open-source licenses.

No rights are granted to you other than those expressly set forth in these Terms. Robinhood, on behalf of itself and its licensors, reserves all right, title, and interest in and to the Services and Robinhood Materials. If your access to or use of the Services is terminated or suspended, your license will immediately cease and you must promptly stop using and, at Robinhood’s option, delete or destroy any copies of Robinhood Materials in your possession or control.

Limited License; Restrictions

Subject to your compliance with these Terms, Robinhood grants you a non-exclusive, limited, revocable, terminable, personal, non-transferable, and non-sublicensable license to access and use the Services and Robinhood Materials solely for their intended purpose.

Except as expressly permitted, you may not: (a) copy, reproduce, distribute, sell, lease, sublicense, or otherwise make the Services or Robinhood Materials available to any third party; (b) modify, adapt, translate, or create derivative works from the Services or Robinhood Materials; (c) frame, mirror, or incorporate the Services or Robinhood Materials into any website, application, or other work; (d) reverse engineer, decompile, disassemble, or attempt to discover source code or underlying ideas or algorithms; (e) use the Services or Robinhood Materials to develop or operate a competing product or service; (f) use the Services or Robinhood Materials for any commercial purpose or other purpose not expressly permitted by these Terms; or (g) imply any affiliation with, or endorsement by, Robinhood without prior written consent.

Feedback

If you choose to submit suggestions, ideas, bug reports, comments, or other feedback about the Services or related materials (“Feedback”), you acknowledge that your Feedback is provided voluntarily and is not confidential. You agree that Robinhood may use, disclose, reproduce, modify, distribute, and otherwise exploit any Feedback for any purpose, without restriction and without compensation to you, and you grant Robinhood a perpetual, irrevocable, worldwide, royalty-free, and sublicensable license to do so. You represent and warrant that you have all rights necessary to provide the Feedback and grant the rights described above.

Trademarks

Any product or service names, logos or slogans that may appear on the Services are trademarks of Robinhood or its associated licensors and suppliers and may not be copied, imitated or used, in whole or in part, without prior written permission. All other trademarks, registered trademarks, product names and company names or logos mentioned through the Services are the property of their respective owners. Reference to any products, services, processes or other information, by name, trademark, manufacturer, supplier or otherwise does not constitute or imply endorsement, sponsorship or recommendation by Robinhood.

Changes, Suspensions and Discontinuation

Robinhood may, in its sole discretion, reset, modify, update, suspend, restrict, or permanently discontinue the Services, including the Testnet, at any time and without notice. Robinhood may also limit, condition, or revoke access to the Services, including by restricting or blocking specific wallet addresses from participating on the Testnet. Further, Robinhood does not guarantee that Services, or any feature, data, or functionality thereof, will be available, uninterrupted, or maintained for any period of time. Robinhood shall have no liability for any losses, damages, or consequences arising from any changes to the Services or from the suspension, limitation, or termination of your access to the Services. In the event of the termination of your right to access or use any part or all of the Services, discontinuation of the Services, or other termination of your right to access any portion or all of the Services we may: (a) block any and all of your Wallets and other applications from accessing the Services; (b) delete or deactivate your profile and all related information and/or materials associated therewith, without liability to you; and/or (c) cancel any open transaction, or other use of the Services that are pending at the time of discontinuation or termination.

Third Party Services

The Services may enable access to third-party services, sites, technology applications, or resources (“Third-Party Services”), which may be subject to separate terms and policies. Third-Party Services and links to other websites are provided solely as a convenience to you. Any integration or inclusion of any Third-Party Service does not imply endorsement or recommendation by Robinhood. Robinhood does not control and is not responsible for any Third-Party Services, including their availability, content, accuracy, or privacy practices. You acknowledge you are solely responsible for any losses, costs, risks, or disputes arising from your use of Third-Party Services, and any dealings with third parties are solely between you and the applicable third party. Robinhood disclaims all liability for any loss or damage arising from or related to your use of or reliance on Third-Party Services.

USER-GENERATED CONTENT

Responsibility for User-Generated Content.

You are solely responsible for the content of, and for any harm resulting from, any user-generated content (the "Content") that you post, upload, link to or otherwise make available via the Service, regardless of the form of that Content, including any public display or misuse of your Content. Robinhood may remove Content in its sole discretion.

Ownership of Content & Right to Post.

If you're posting anything you did not create yourself or do not own the rights to, you agree that you are responsible for any Content you post, that you will only submit Content that you have the right to post, and that you will fully comply with any third party licenses relating to Content you post.

License Grant to Robinhood.

Robinhood needs the legal right to do things like host your Content, publish it, and share it. You grant Robinhood and its legal successors the right to store, parse, and display your Content, and make incidental copies as necessary to provide the Services.

Moral Rights.

You retain all moral rights to your Content that you upload, publish, or submit to any part of the Service, including the rights of integrity and attribution. However, you waive these rights and agree not to assert them against Robinhood, to enable Robinhood to reasonably exercise the rights granted in Section 6.3.

Miscellaneous

To the extent this agreement is not enforceable by applicable law, you grant the right to use your Content without attribution and to make reasonable adaptations of your Content to provide the Services.

Assumption of Risk; Disclaimer of Warranties

Assumption of Risk

You represent and agree that you have read and understand the risks of using the Services and the Testnet, and that you voluntarily assume all such risks. You acknowledge that you are solely responsible for any loss or damage arising from your access to or use of the Services, and that we are not liable for any such loss.

Without limiting the foregoing, you acknowledge and agree that Robinhood will not be responsible for any communication failures, disruptions, errors, distortions or delays you may experience when using the Services, however caused. Robinhood takes no responsibility for and will not be liable for any losses, damages or claims arising from the use of the Services, including, but not limited to, any losses, damages or claims arising from:

• (a) reliance on blockchain data, transaction information, or other information displayed through the Services;
• (b) server failure, service interruptions, or temporary unavailability of data;
• (c) delays, inaccuracies, or discrepancies in displayed blockchain data;
• (d) decisions made based on information obtained through the Services;
• (e) use of third-party services or websites accessed through links on the Services; or
• (f) "phishing," viruses, third-party attacks, or any other unauthorized third-party activities, including fraudulent websites impersonating the Services.

Disclaimer of Warranties

TO THE MAXIMUM EXTENT PERMITTED BY LAW, THE SERVICES, INCLUDING THE TESTNET, ANY TESTNET TOKENS AND ANY TESTNET STOCK TOKENS, ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS. TO THE MAXIMUM EXTENT PERMITTED BY LAW, ROBINHOOD, ITS AFFILIATES, ITS LICENSORS, AND SERVICE PROVIDERS DISCLAIM ALL WARRANTIES OF ANY KIND, WHETHER EXPRESS, IMPLIED, STATUTORY, OR OTHERWISE, INCLUDING ANY IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, AND NON-INFRINGEMENT.

WITHOUT LIMITING THE FOREGOING, ROBNIHOOD MAKES NO REPRESENTATIONS OR WARRANTIES THAT: (A) ACCESS TO OR OPERATION OF THE SERVICES WILL BE CONTINUOUS, UNINTERRUPTED, TIMELY, OR AVAILABLE AT ANY PARTICULAR TIME; (B) THE SERVICES WILL BE COMPATIBLE OR INTEROPERABLE WITH ANY SOFTWARE, SYSTEM, OR THIRD-PARTY SERVICE, INCLUDING ANY WALLET OR TOOL; (C) THE SERVICES WILL BE SECURE, COMPLETE, FREE OF ERRORS, DEFECTS, OR HARMFUL CODE; (D) ANY DATA, TRANSACTIONS, OR CONTENT WILL BE ACCURATELY PROCESSED, STORED, OR PRESERVED, OR PROTECTED FROM UNAUTHORIZED ACCESS, ALTERATION, OR LOSS; OR (E) THE SERVICES WILL PREVENT THEFT, HACKING, CYBER ATTACKS, OR OTHER LOSSES OR DEVALUATION RESULTING FROM THIRD-PARTY CONDUCT.

NO PART OF THE SERVICES ACTS AS A CUSTODIAN, TRUSTEE, FIDUCIARY, AGENT, OR REPRESENTATIVE FOR ANY PERSON. AT NO POINT DOES THE SERVICES HAVE POSSESSION OF, ACCESS TO, OR CONTROL OVER ANY PERSON'S DIGITAL ASSETS, PRIVATE KEYS, SEED PHRASES, OR BLOCKCHAIN WALLETS, NOR DOES THE SERVICES UNDERTAKE ANY OBLIGATION TO MANAGE, SAFEGUARD, OR ADMINISTER ANY SUCH DIGITAL ASSETS OR WALLETS ON BEHALF OF ANY PERSON. YOU ACKNOWLEDGE THAT ROBINHOOD DOES NOT CONTROL OR CUSTODY YOUR DIGITAL ASSETS OR OTHER FUNDS IN ANY MANNER.

DATA ACCURACY DISCLAIMER

The Services display blockchain data and related information obtained from various blockchain networks and third-party sources. While Robinhood strives to provide accurate and up-to-date information, Robinhood makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any data displayed through the Services, including but not limited to transaction data, wallet balances, token information, smart contract data, gas prices, or network statistics. Blockchain data may be subject to delays, errors, or discrepancies due to network conditions, third-party data providers, or other factors beyond Robinhood’s control. You acknowledge that you should not rely solely on the information provided through the Services for making any decisions, and you are encouraged to verify all information independently through primary sources. Robinhood shall not be liable for any losses or damages arising from your reliance on data displayed through the Services.

DISCLAIMER OF INTELLECTUAL PROPERTY

Any display, reference, or use of third-party intellectual property through the Services is for informational purposes only and does not constitute or imply any endorsement, affiliation, sponsorship, or approval by Robinhood unless expressly stated otherwise. Robinhood expressly disclaims any liability for any unauthorized use, infringement, or misappropriation of third-party intellectual property by users or any other third party. Users are solely responsible for ensuring that any Content they upload, display, or make available through the Services complies with all applicable intellectual property laws and does not infringe the rights of any third party.

Limitation of Liability

TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT WILL ROBINHOOD, ITS AFFILIATES, AND ITS AND THEIR RESPECTIVE OFFICERS, DIRECTORS, EMPLOYEES, AGENTS, SUPPLIERS, OR LICENSORS BE LIABLE TO YOU OR ANY THIRD PARTY UNDER ANY THEORY OF LIABILITY, WHETHER IN CONTRACT, TORT, NEGLIGENCE, STRICT LIABILITY, OR OTHERWISE, FOR (A) ANY LOST PROFITS, LOST REVENUE, LOST OR CORRUPTED DATA, COMPUTER FAILURE OR MALFUNCTION, INTERRUPTION OF BUSINESS, OR ANY INDIRECT, INCIDENTAL, SPECIAL, EXEMPLARY, CONSEQUENTIAL, OR PUNITIVE DAMAGES ARISING OUT OF OR RELATING TO THESE TERMS OR THE SERVICES; OR (B) ANY DAMAGES IN THE AGGREGATE IN EXCESS OF ONE HUNDRED U.S. DOLLARS (USD $100.00), EVEN IF ROBINHOOD HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES AND REGARDLESS OF WHETHER SUCH DAMAGES WERE FORESEEABLE. ANY CLAIM ARISING OUT OF OR RELATING TO THESE TERMS OR THE SERVICES MUST BE BROUGHT WITHIN ONE (1) YEAR AFTER THE EVENT GIVING RISE TO THE CLAIM.

Indemnification

To the fullest extent permitted by applicable law, you will indemnify, defend, and hold Robinhood and its affiliates, licensors, and service providers, and their respective officers, directors, employees, contractors, agents, licensors, suppliers, successors (collectively, the “Indemnified Parties”) harmless from and against any and all claims, costs, losses, damages, judgments, tax assessments, penalties, interest, and expenses (including reasonable attorneys’ fees) arising out of any claim, action, audit, investigation, inquiry, or other proceeding instituted by a person or entity that arises out of or relates to: (a) your access to or use of the Services, (b) your violation or breach of these Terms or any applicable law or regulation, (c) your violation of any third-party right, including any right of privacy, publicity rights or intellectual property rights, (d) connecting to any Third-Party Service, or (d) your willful misconduct, gross negligence or fraud. If you are obligated to indemnify any Indemnified Party hereunder, then you agree that Robinhood (or, at its discretion, the applicable Indemnified Party) will have the right, in its sole discretion, to control any action or proceeding and to determine whether Robinhood wishes to settle, and if so, on what terms, and you agree to fully cooperate with Robinhood in the defense or settlement of such claim.

NO FINANCIAL OR INVESTMENT ADVICE

The Services and any information provided therein are for informational purposes only. Nothing contained in or provided through the Services constitutes, or is intended to constitute, financial, investment, tax, legal, or other professional advice. Robinhood is not a financial advisor, broker, dealer, or investment advisor with respect to the Services, and does not provide personalized investment recommendations or advice. Any information regarding digital assets, tokens, cryptocurrencies, or blockchain projects displayed through the Services should not be construed as a recommendation to buy, sell, hold, or otherwise transact in any digital asset. You should consult your own financial, legal, tax, and other professional advisors before making any decisions relating to digital assets or blockchain technology. Robinhood expressly disclaims any liability for any decisions made or actions taken based on information obtained through the Services.

Arbitration

PLEASE READ THIS ARBITRATION AGREEMENT CAREFULLY. IT PROVIDES THAT DISPUTES MAY BE RESOLVED BY BINDING ARBITRATION. UNLESS YOU PROMPTLY REJECT IT, THE ARBITRATION AGREEMENT WILL HAVE A SUBSTANTIAL EFFECT ON YOUR RIGHTS IN THE EVENT OF A DISPUTE. ARBITRATION REPLACES THE RIGHT TO GO TO COURT, INCLUDING THE RIGHT TO A JURY AND THE RIGHT TO ASSERT OR PARTICIPATE IN A CLASS, REPRESENTATIVE, OR CONSOLIDATED PROCEEDING, WHETHER IN COURT OR IN ARBITRATION. IN ARBITRATION, A DISPUTE IS RESOLVED BY AN ARBITRATOR INSTEAD OF A JUDGE OR JURY. ARBITRATION PROCEDURES ARE SIMPLER AND MORE LIMITED THAN COURT PROCEDURES.

Maintaining good relationships with users of the Services is important to us. Most concernscan be resolved by contacting us through the support channels identified in the Services orassociated documentation. If we are unable to resolve a concern to your satisfaction, thissection explains how disputes between you and us may be resolved.

Definitions

For purposes of this Arbitration Agreement: (1)”We,” “us”, and “our” mean Robinhood Digital Assets, LLC, and its parents, subsidiaries, affiliates, successors, officers, directors, agents, and employees, and any person or entity named as a co-defendant with us in a Claim; and (2) “You,” “your,” and “yours” mean any individual or entity that accesses or uses the Services, any person acting on such user’s behalf. Defined terms not set forth in this section have the meanings given elsewhere in these Terms.

Agreement to Arbitrate

Either you or we may elect to arbitrate any Claim pursuant to this Arbitration Agreement. IF YOU DO NOT REJECT THIS ARBITRATION AGREEMENT, YOU AND WE AGREE THAT, FOR ANY DISPUTE SUBJECT TO ARBITRATION: (1) YOU AND WE ARE WAIVING THE RIGHT TO HAVE THE DISPUTE DECIDED BY A JUDGE OR JURY; AND (2) THIS ARBITRATION AGREEMENT PRECLUDES YOU AND US FROM PARTICIPATING IN A CLASS ACTION, REPRESENTATIVE ACTION, OR CONSOLIDATED PROCEEDING, WHETHER IN COURT OR IN ARBITRATION.

Governing Law

This Arbitration Agreement is governed by the Federal Arbitration Act (“FAA”), 9 U.S.C. §§ 1 et seq., with respect to both substance and procedure, and not by any state arbitration law, except that the law of the State of Delaware will govern the validity and enforceability of the formation of this Agreement.

Claim

A “Claim” is any unresolved claim, dispute or controversy between you and us, whether past,present or future, arising out of or related to these Terms, the Services or any relationship resulting form your use of the Services “Claim” has the broadest possible meaning, and includes, but is not limited to: (i) initial claims, counterclaims, cross-claims and third-party claims; (ii) claims, regardless of what legal theory they are based on or what remedy, whether based upon contract, tort, consumer rights, fraud and other intentional torts, constitution, statute, regulation, ordinance, common law and equity (including any claim for injunctive or declaratory relief); (iii) claims by or against any third party using or providing any product, service or benefit in connection with the Services; and (iv) claims that arise from access to or use of the Services, advertisements, promotions, or statements related to the Services.

The only exception to arbitration of Claims is that both you and we have the right to pursue a Claim in a small claims court instead of arbitration, if the Claim is in that court’s jurisdiction and proceeds on an individual basis.

Any disputes regarding whether any Claim is subject to arbitration and/or the scope of thisArbitration Agreement shall be decided by a court, not the arbitrator.

Commencing an Arbitration

To start an arbitration, the party electing arbitration must notify the other of such election. This notice may be given before or after a lawsuit has been filed concerning the Claim or with respect to other Claims brought later in the lawsuit, and it may be given by papers filed in the lawsuit such as a motion to compel arbitration. If you elect arbitration, you must notify us in writing at Robinhood Digital Assets, LLC, Attn: Robinhood Chain Arbitration, at the address specified in these Terms. Your notice must include your name, address, and sufficient information to identify your use of the Services. If we elect arbitration, we will notify you in writing at your last known address or email address we have on file for you.

Binding Arbitration

Binding arbitration is a means of having an independent third party (the arbitrator) resolve a dispute without using the court system, judges or juries. Either you or we may elect to resolve any Claim by binding arbitration. Each arbitration, including the selection of the arbitrator, shall be administered by the American Arbitration Association (“AAA”), according to the Consumer Arbitration Rules of the AAA in effect at the time the arbitration is commenced and the Mass Arbitration Supplementary Rules with respect to mass arbitration matters. A single arbitrator will conduct proceedings under the Consumer Arbitration Rules, and a Process Arbitrator and single Merits Arbitrator will conduct each mass arbitration case. If there is a conflict between the applicable AAA rules and procedures and this Arbitration Agreement and/or this Agreement, this Arbitration Agreement and this Agreement will control. If the AAA is unable to handle the Claim for any reason, the matter shall be arbitrated instead by a neutral arbitrator selected by agreement of the parties (or, if the parties cannot agree, selected by a court in accordance with the FAA), pursuant to the AAA rules of procedure. No company may serve as administrator, without the consent of all parties, if it adopts or has in place any formal or informal policy that is inconsistent with and purports to override the terms of the Class Action Waiver in this Arbitration Agreement. If you have a question about the AAA, you can contact them as follows: American Arbitration Association, 1633 Broadway 10th Floor, New York, NY 10019, www.adr.org.

Powers and Qualifications of Arbitrators and Arbitration Procedures:

All arbitrators will be required to be practicing attorneys or retired judges and will be required to be experienced and knowledgeable in the substantive laws applicable to the subject matter of the dispute. The arbitrator shall follow applicable substantive law to the extent consistent with the FAA, applicable statutes of limitation and privilege rules that would apply in a court proceeding, and shall be authorized to award all remedies available in an individual lawsuit under applicable substantive law, including, without limitation, compensatory, statutory and punitive damages (which shall be governed by the constitutional standards applicable in judicial proceedings), declaratory, injunctive and other equitable relief, and attorneys’ fees and costs, subject to the terms of this Agreement, to the extent permitted by applicable law. Upon the timely request of either party, the arbitrator shall write a brief explanation of the basis of his or her award. The arbitrator’s award will be final and binding, except for any appeal right under the FAA. Any court with jurisdiction may enter judgment upon the arbitrator’s award. Unless appealed, the arbitration ruling will be considered final, binding, and enforceable by any court having jurisdiction. A party may file a notice of appeal pursuant to and governed by the AAA’s Optional Appellate Arbitration Rules. A party may only appeal on the grounds that the arbitration award is based upon (a) an error of law that is material and prejudicial (reviewed de novo) and/or (b) determination of facts that are erroneous (reviewed for clear error). The appeal tribunal shall render its decision exclusively on the record before the arbitrator. For the avoidance of doubt, and consistent with AAA Optional Appellate Arbitration Rule A-19, under no circumstances shall the appeal tribunal order a new arbitration hearing or send the case back to the original arbitrator

Costs and Fees

Each Party will be responsible for the arbitration costs as allocated by the applicable AAA rules (www.adr.org). However, except for claims filed as part of a mass arbitration, if the arbitrator ultimately rules in your favor, you will be entitled to reimbursement by us for all fees you paid to the AAA. If you cannot obtain a waiver of the AAA’s or arbitrator’s filing, administrative, hearing and/or other fees, we will consider in good faith any written request by you for us to bear such fees. Each party will bear the expense of its own attorneys, experts and witnesses, regardless of which party prevails, unless applicable law or this Agreement gives a right to recover any of those fees from the other party.

Class Action Waiver

Claims in arbitration will proceed on an individual basis, on behalf of the named parties only. YOU AGREE NOT TO SEEK TO PROCEED ON ANY CLAIM IN ARBITRATION AS A CLASS CLAIM OR CLASS ACTION, PRIVATE ATTORNEY GENERAL PROCEEDING, OR OTHER REPRESENTATIVE OR CONSILIDATED PROCEEDING. YOU AGREE NOT TO BE PART OF, OR REPRESENTED IN, ANY CLASS ACTION OR OTHER REPRESENTATIVE ACTION BROUGHT BY ANYONE ELSE. YOU AGREE NOT TO SEEK ANY AWARD OR REMEDY IN ARBITRATION AGAINST OR ON BEHALF OF ANYONE WHO IS NOT A NAMED PARTY TO THE ARBITRATION, INCLUDING BUT NOT LIMITED TO PUBLIC INJUNCTIVE RELIEF. The arbitrator shall have no authority to conduct any class, private attorney general or other representative proceeding, and the arbitrator may not award relief for the benefit of non-parties, including public injunctive relief. Any question regarding the enforceability or interpretation of this “Class Action Waiver” section shall be decided by a court and not the arbitrator. If a court determines that any of the terms of this “Class Action Waiver” section is legally unenforceable for any reason, the court’s determination shall be subject to appeal, and you and we agree that the arbitration and litigation shall proceed as follows: (i) all Claims for which arbitration is legally enforceable must be filed and adjudicated in arbitration; (ii) any Claims for which arbitration is not legally enforceable will be decided through litigation in court; (iii) any Claims that are to be decided through litigation in court will be stayed pending completion of the arbitration of all other Claims; and (iv) when litigation in court resumes, the court will not be bound by any determination made by the arbitrator. Rights Preserved: This Arbitration Agreement and the exercise of any of the rights you and we have under this Agreement does not stop you or us from exercising any lawful rights either of us has to use other available remedies; to comply with Legal Process; to obtain provisional remedies such as injunctive relief, attachment or garnishment by a court of appropriate jurisdiction; or to bring an individual action in court that is limited to preventing the other party from using or obtaining any provisional or self-help remedies and that does not involve a request for damages or monetary relief.

In California

If an action or proceeding is initiated before any court in California and neither you nor we request that the dispute be submitted to arbitration, then, upon motion by either you or us, the dispute shall be heard by an active attorney or a retired judge selected by the AAA who is then appointed by the court in which the action commenced, according to the reference provision of the California Code of Civil Procedure, Section 638 et seq. This reference process is not subject to a trial by jury; the trial is conducted before the active attorney or retired judge under California law.

Enforcement

You or we may bring an action, including a summary or expedited motion, to compel arbitration of Claims subject to arbitration, or to stay the litigation of any Claims pending arbitration, in any court having jurisdiction. Such action may be brought at any time, even if such claims are part of a lawsuit, unless a trial has begun or a final judgment has been entered. Any dispute concerning the validity or enforceability of this Arbitration Agreement must be decided by a court; any dispute concerning the validity or enforceability of the Agreement as a whole is for the arbitrator. Failure or forbearance to enforce this Arbitration Agreement at any particular time or in connection with any particular Claims will not constitute a waiver of any rights to require arbitration at a later time or in connection with any other Claims. Any additional or different agreement between you and us regarding arbitration must be in writing.

Survival and Severability of Terms

This Arbitration Agreement shall survive: (a) termination or changes in the Terms or the Services, or the relationship between you and us concerning the Services; and (b) the bankruptcy of any party. If any portion of this Arbitration Agreement (except for the “Class Action Waiver” section set forth above) is deemed invalid or unenforceable, the remaining provisions of the Arbitration Agreement shall remain in force. No portion of this Arbitration Agreement may be amended or waived absent a written agreement between you and us.

RIGHT TO REJECT

You may reject this Arbitration Agreement by mailing a signed rejection notice to Robinhood Digital Assets, LLC at 85 Willow Road, Menlo Park, CA 94025, Attn: ROBINHOOD CHAIN TESTNET Arbitration Rejection Notice, within sixty (60) calendar days after FIRST ACCESSING OR USING THE SERVICES. The notice must include your name, contact information, and a clear statement that you are rejecting the arbitration agreement. This is the only manner in which you can reject this Arbitration Agreement. Any other method, form, or means of rejection will be treated as being invalid or ineffective. Requests to reject this Arbitration Agreement that are made more than sixty (60) calendar days after first using or accessing the Services also are invalid. If you already have pending litigation or arbitration against/with us when you reject this Arbitration Agreement, any such rejection request will not apply to that litigation or arbitration. If you validly reject this Arbitration Agreement: only a court may be used to resolve any Claim; your rejection will not affect any other provision of the Agreement; and your rejection will apply only to this Arbitration Agreement and not to any other arbitration agreement for which the rejection period has already passed.

Privacy

Our Privacy Statements describe how we handle the information you provide to us when you use the Services. Please refer to the Privacy Statement that applies in your jurisdiction for further data protection related information. Our Privacy Statements are located at:

• US: https://robinhood.com/us/en/support/articles/rhm-privacy-statement/
• UK: https://robinhood.com/gb/en/support/articles/privacy-policy/, and
• EU: https://robinhood.com/eu/en/support/articles/rh-financial-entities-privacy-statement/

Modification of Terms

Robinhood may amend these Terms or modify the Testnet, including any related documentation or guidelines, at any time by posting an updated version that we deem reasonable under the circumstances. The “Last Updated” date at the top of these Terms will reflect the most recent version. Any updated Terms will be effective upon posting and will apply prospectively only. Your continued access to or use of the Services after the updated Terms are posted constitutes your acceptance of the revised Terms. You may not modify these Terms without Robinhood’s prior written consent.

Force Majeure

Robinhood will not be liable for any delay or failure to perform resulting from causes beyond its reasonable control, including acts of God, natural disasters, labor disputes, government actions, war, terrorism, civil unrest, network or infrastructure failures, power outages, failures of blockchain networks, or failures of third-party services.

Contact Us

You may contact us regarding the Services or these Terms by e-mail at chain-developers-group@robinhood.com.

Miscellaneous

These Terms and any dispute arising out of or relating to the Services are governed by and construed in accordance with the laws of the State of Delaware, without regard to its conflict of laws principles. Any notices or other communications provided by us under these Terms including those regarding modifications to these Terms will be posted online, in the Services, or through other electronic communication. You agree and consent to receive electronically all communications, agreements, documents, notices, and disclosures that we provide in connection with your use of the Services. Nothing in these Terms creates any partnership, joint venture, agency, fiduciary, or employment relationship between you and Robinhood. You act solely as an independent user of the Services. If any provision of these Terms is held to be invalid, illegal, or unenforceable, the remaining provisions will remain in full force and effect. These Terms and any rights and licenses granted hereunder, may not be transferred or assigned by you and any attempted transfer or assignment will be null and void. We may assign these Terms without your consent, including to any affiliate. These Terms constitute the entire agreement between you and Robinhood regarding your access to and use of the Services and supersede all prior or contemporaneous agreements, communications, or understandings, whether written or oral, relating to the subject matter hereof. Robinhood’s failure to enforce any right or provision of these Terms will not constitute a waiver of such right or provision or any other rights under these Terms.