Magma DEX - Privacy Policy
Effective Date: April 9, 2026 | Last Updated: April 9, 2026
1. Introduction
Magma DEX ("Magma," "we," "our," or "Protocol") respects your privacy and is committed to protecting your personal data. This Privacy Policy explains how we collect, use, and safeguard information when you interact with Magma DEX interfaces (web app at magmadex.trade, dashboards), documentation and related services, and smart contracts and blockchain infrastructure. Because Magma DEX is a decentralized, non-custodial protocol, we collect limited personal data.
2. Key Principle: Non-Custodial and Minimal Data Collection
- Magma DEX does not require account registration.
- Magma DEX does not custody user funds.
- Magma DEX does not directly collect personally identifiable information (PII) unless voluntarily provided.
- However, certain data may still be collected automatically or via third-party services.
3. Information We May Collect
- 3.1 Blockchain Data (Public by Nature): Wallet addresses, transaction history, token balances and interactions may be recorded on public blockchains. This data is public, immutable, and not controlled by Magma.
- 3.2 Automatically Collected Data (Web Interface): IP address, browser type and device information, pages visited and interaction data, timestamps and session activity.
- This data is typically collected via cookies, analytics tools, and log files.
- 3.3 Cookies and Tracking Technologies: We may use cookies to improve user experience, analyze usage patterns, and maintain session preferences. You can disable cookies via your browser settings.
- 3.4 Voluntarily Provided Information: If you contact us or interact with community channels, we may collect email address, username or social handle, and any information you choose to provide.
- 3.5 Third-Party Data Sources: We may rely on analytics services, wallet providers, and RPC or node infrastructure providers. These services may collect data independently under their own policies.
4. How We Use Information
- Operate and maintain Magma DEX interfaces.
- Improve performance and user experience.
- Monitor security and prevent abuse.
- Analyze usage trends.
- Comply with legal obligations (if applicable).
- We do not sell personal data.
5. Legal Basis for Processing (GDPR)
- Legitimate interests (e.g., improving services and security).
- Consent (e.g., cookies and analytics where required).
- Legal obligations (if applicable).
6. Data Sharing and Disclosure
- We may share limited data with service providers (analytics, hosting, infrastructure).
- We may share data with legal authorities if required by law.
- We do not share personal data for marketing or resale purposes.
7. Data Retention
We retain collected data only as long as necessary to fulfill operational purposes, maintain security and logs, and comply with legal obligations. Blockchain data is permanently stored on-chain and cannot be deleted.
8. Data Security
We implement reasonable technical and organizational measures to protect data. However, no system is completely secure, and blockchain transactions are irreversible.
- Users are responsible for securing their wallets.
- Users are responsible for protecting private keys.
- Users are responsible for avoiding phishing or malicious interfaces.
9. Your Rights (GDPR and Similar Laws)
- Depending on your jurisdiction, you may have rights to access your personal data, request correction or deletion, object to processing, and withdraw consent.
- Note: These rights do not apply to blockchain data, which is immutable.
- To exercise rights, contact: legal@magmadex.trade
10. International Data Transfers
Data may be processed in multiple jurisdictions where service providers operate. By using Magma DEX, you consent to such transfers.
11. Third-Party Links and Services
Magma DEX may link to third-party platforms. We are not responsible for their privacy practices.
12. Children's Privacy
Magma DEX is not intended for individuals under 18. We do not knowingly collect data from minors.
13. Changes to This Policy
We may update this Privacy Policy at any time. Updates will be reflected by the "Last Updated" date. Continued use of Magma DEX constitutes acceptance of the revised policy.
14. Contact Information
For questions or concerns regarding this Privacy Policy, contact: Email: legal@magmadex.trade Project: Magma DEX