What Hushd is
Hushd is open-source software for a private over-the-counter desk on NEAR, run by Arham Khan at hushd.net. It includes the website and app, the Hushd API at api.hushd.net, the hosted MCP server at hushd.net/mcp, and the contracts, services and packages in its public repository. By using any of them you accept these terms.
Testnet only
- Every Hushd contract runs on NEAR testnet. The hedge leg trades on Hyperliquid testnet.
- The tokens Hushd lists are test tokens from a faucet. They have no value and cannot be redeemed for anything.
- Do not send real assets to any Hushd account. There are no Hushd contracts on mainnet.
Experimental software
Hushd uses development proving keys, not keys from a multi-party ceremony, and it has not been audited. It may have bugs, be unavailable, change, be reset, or stop at any time, with or without notice. Testnet balances and records may be lost when that happens. Read the threat model for what can go wrong.
Your keys, your notes
Hushd never holds your funds. Only your keys can spend your notes: the relayer can refuse to send an action, but it cannot move funds or change what you proved, and nobody running Hushd can spend for you. That also means nobody can recover a lost seed for you. Keep the wallet key or passkey that opens your private balance.
Not advice
Nothing on Hushd is investment, legal or tax advice. Quotes come from independent makers. The intake model only drafts a request from your words, and you are responsible for checking every number before you ask the desk.
Agents and makers
- If you run an agent with the Hushd MCP server, you are responsible for what it does and for the spending limits you give it.
- Makers other than the reference makers are run by others. Hushd does not vouch for them, beyond what the desk contract enforces.
Fair use
- Do not use Hushd to break the law, or to harm anyone.
- Do not overload the faucet, the relayer or the API, or try to get around their limits. They are shared by everyone testing.
- Look for security problems only within the rules on security, and report them there.
The software license
The code is released under the MIT license, which lets you use, copy, change and share it. These terms cover the services run at hushd.net and api.hushd.net, not copies you run yourself.
No warranty
Hushd is provided as is, without warranty of any kind. To the fullest extent the law allows, nobody who builds or runs Hushd is liable for any loss that comes from using it, including lost test tokens, lost data, or a service that is down.
Changes and contact
These terms may change; the date at the top says when they last did, and the history is public in the repository. For questions, open an issue on GitHub.