This page summarizes the principal risks and regulatory characteristics of using FUDEX.IO, operated by Fudex DAO, LLC, a Wyoming Corporation ("FUDEX"). It supplements — and should be read together with — our Terms of Service and Privacy Notice.
Nothing on FUDEX.IO — including fund pages, market data, charts, premiums/discounts, reputation metrics, or educational material — is investment, legal, accounting or tax advice, or a recommendation or solicitation to buy, sell or hold any security or to pursue any trading strategy. Listing a fund is not an endorsement of its merits. FUDEX does not act to influence the price of any token it lists.
FUDEX.IO is a peer-to-peer market: you trade by accepting another member's offer or posting your own. There is no market maker and no central order book. As a result:
Tokens on FUDEX.IO are book-entry securities. FUDEX tokenizes each fund 1:1 and lists it on the platform; underlying shares are held in segregated custody accounts, and Empire Stock Transfer, an SEC-approved transfer agent, maintains the master ownership registry as custodian of record. On-chain balances are continuously reconciled against that registry. Mint and burn are authorized only by the transfer-agent wallet — token supply cannot change without a matching registry record.
The regulatory treatment of tokenized securities continues to develop and differs by jurisdiction. FUDEX's status, and the protections available to you, vary depending on where you live, and you may not be protected by government compensation or regulatory protection schemes available for other financial products. Future changes in law or regulation could affect the operation of the platform, the transferability of tokens, or the availability of the Services in your jurisdiction.
FUDEX charges a flat 0.20% fee on each settled P2P trade, displayed before you confirm. Minting at NAV carries no platform fee. Banking partners, card networks and ATM operators may impose their own charges. Fees are subject to prospective change with notice under the Terms of Service.
Trading, redeeming, receiving distributions or cashback, and spending with the FUDEX Card can each create tax consequences, including capital gains or losses and taxable income. Tax may be payable on any return and on any increase in the value of your holdings. FUDEX does not provide tax advice — consult an independent advisor about your individual position. We provide transaction records and may issue tax forms where required by law.
The Services are available only to residents of supported jurisdictions, and individual features (including the FUDEX Card and specific funds) may be restricted further. Eligibility is confirmed during identity verification and reviewed on an ongoing basis. Using a VPN or other means to misrepresent your location violates the Terms of Service and can result in account closure.
If something goes wrong, contact us first — most issues are resolved by support within days:
We acknowledge complaints promptly, investigate, and respond with our findings. If you remain unsatisfied, you may have the right to refer the matter to a regulator or dispute-resolution body in your jurisdiction.