Tapathon Terms & Conditions

1. Organizer

The Competition is organized by Euphoria Panama Operations Inc (”Euphoria”, “we”, “us”, or “our”).

2. Eligibility

2.1. Participation is open to individuals who:

• Are at least 18 years old (or legal age to trade cryptocurrency in their jurisdiction, whichever is higher).

• Have been granted access to the Euphoria Testnet via whitelisting or granted an access code.

• Are not restricted or prohibited from using Euphoria services under applicable laws or regulations.

2.2. Employees, contractors, affiliates of Euphoria, and their immediate family members may be excluded from participation.

2.3. Participants are solely responsible for ensuring that participation in the Competition is lawful in their jurisdiction.

2.4. Participants are not eligible to participate if they are residents of, located in, or attempting to participate from any country or region that is subject to economic or trade sanctions, embargoes, or other regulatory restrictions under applicable laws or regulations, or where participation in the Competition or use of the Euphoria platform is prohibited.

3. Competition Period

3.1. The Competition will run from 16th February 2026 9am EST to the 2nd March 2026 9am EST.

3.2. Trades executed outside of the Competition Period will not be counted.

4. Registration & Participation

4.1. The Competition is a private testnet trading competition and is invite-only.

4.2. Participation is limited to a maximum of 5000 selected participants who have been:

• Explicitly whitelisted by Euphoria; and/or

• Provided with a unique access code by Euphoria.

4.3. Only accounts that have been successfully whitelisted and/or have redeemed a valid access code will be permitted to participate.

4.4. Access codes are:

• Issued at Euphoria’s sole discretion

• Non-transferable

• Valid for a single account only

4.5. Trades placed by accounts that are not properly registered, whitelisted, or authorized will not be counted.

4.6. Euphoria reserves the right to revoke access or remove any participants from the Competition at any time.

5. Eligible Trading Activity

5.1. The Competition applies to only the Euphoria Tap-Trading experience.

5.2. The following activities are excluded from the Competition:

• Market manipulation or abusive trading behaviour.

• Trades resulting from system abuse, bugs, or exploits

• Risk-free or hedged trading strategies designed solely to game rankings

5.3. Euphoria reserves the right to disqualify any trades or participants deemed to be acting unfairly or in bad faith .

6. Ranking & Scoring Methodology

6.1. Rankings will be determined based on PNL and Volume, as defined by Euphoria.

6.2. Calculations may include, but are not limited to:

• Realized and/or unrealized profit and/or loss

• Trading volume

• Number of trades

• Risk adjustments or minimum trade requirements

6.3. In the event of a tie, Euphoria reserves the right to apply additional criteria or split rewards at its discretion.

7. Rewards & Prizes

7.1. Rewards will be distributed according to the officially published prize structure.

7.2. Rewards may include tokens or other digital assets.

7.3. Rewards are non-transferable and may not be substituted or exchanged.

7.4. Distribution of rewards will occur within 30 days of the Competition ending, subject to internal verification.

7.5. Participants are solely responsible for any taxes or fees associated with receiving rewards.

8. Disqualification & Enforcement

8.1. Euphoria reserves the right to:

• Disqualify any participant at any time

• Cancel, modify, or suspend the competition

• Withhold or revoke rewards

8.2. Reasons for disqualification may include, but are not limited to:

• Violation of these T&Cs

• Violation of Euphoria platform rules

• Suspected fraud, manipulation, or abuse

8.3. All decisions by Euphoria are final and binding.

9. Platform Risk & Downtime

9.1. Euphoria is not responsible for loses resulting from:

• Network congestion

• Smart contract failures

• System maintenance or downtime

• Delayed transactions or failed orders

9.2. Trading during periods of high volatility carries increased risk.

10. Amendments

10.1. Euphoria reserves the right to amend these T&Cs at any time.

10.2. Any changes will be effective immediately upon publication.

11. Governing Law

These T&Cs shall be governed by and construed in accordance with the laws of Panama , without regard to conflict of law principles.