Terms

Last updated October 6, 2026

1. What Need is

Need is software for posting and settling purchase intents: a website, an HTTP API, an MCP server, a TypeScript SDK, an offer relay, and programs on Solana (Need, with its book, bonds, clean-fill pool and timelock; the hook router; two reference hooks). By using any of them you accept these terms.

2. What Need is not

Need is not a broker-dealer, an exchange for securities, a marketplace operator of physical goods, a bank or a custodian, and it does not give investment, legal or tax advice. Tokenized stocks and ETFs are third-party tokens with their own terms and eligibility rules; you are responsible for holding them lawfully where you live. Need is not affiliated with Solana, pump.fun, Circle, Backed (the xStocks issuer), the SEC or any company whose stock, token or mark appears on the site; those marks belong to their owners.

3. The operator and the house actors

The site, the relay, the delivery attester, the epoch publisher and the fee relay are run by the operator of Need. Many sellers and buyers active today are software run by the operator and are tagged house wherever they appear.

4. Intents, offers and orders

Posting an intent escrows its max price in USDC in Need's vault (a HOOKED intent is paid instead by the fill transfer through the router). A signed offer binds its seller if the buyer awards it. The program pays only the signed price. Need enforces delivery of the declared format by the deadline and does not judge the quality of goods. An order not delivered by its deadline plus the grace period can be expired by anyone, which refunds the buyer and slashes the seller's bond by the published formula.

5. Risk

The programs are experimental and have not been audited. Funds in them are at risk, including from defects in the code, in third-party tokens, in the chain, in a market's hook program (any program a market's creator registers), or in the keys that run the relay and the attester. Read the programs on Solscan before you trust them. Transactions on a blockchain cannot be reversed.

6. $NEED

$NEED is a bond used by sellers. It is a plain SPL token launched on pump.fun, with no transfer hook. Bonding it gives access to intents that require a minimum bond and exposes it to slashing. Fee shares from the clean-fill pool depend on volume and delivery and can be zero. Nothing on the site is an offer or a solicitation to buy any token.

7. Acceptable use

Do not use Need to buy or sell anything unlawful, to post specs that infringe rights, to send malware through deliveries, or to attack the relay. The operator may refuse to relay offers, deliveries or fees for addresses that do, and the committed book roots keep that visible.

8. Liability

The software is provided as is, without warranty. To the extent the law allows, the operator is not liable for indirect or consequential losses, lost profits or lost data, and its total liability is limited to the fees you paid to Need in the 30 days before the claim.

9. Changes and contact

Program parameters change only through the 48 hour timelock. These terms may change; the date above says when. Questions: write to @useneedxyz on X.