Privacy Policy

Last updated: December 27, 2024

1. Information We Collect

Parallax collects information to provide and improve our AI-powered DeFi portfolio analysis services:

  • Wallet Addresses: Public blockchain addresses you connect for portfolio analysis
  • Transaction Data: On-chain transaction history for portfolio optimization
  • Usage Analytics: How you interact with our AI personas and analysis features
  • Account Information: Email address and preferences for your Parallax account

2. How We Use Your Information

We use collected information to:

  • • Provide AI-powered portfolio analysis and counterfactual insights
  • • Improve our five AI personas (The Monk, The Steady, The Farmer, The Momentum, The Balanced)
  • • Generate personalized DeFi strategy recommendations
  • • Communicate important updates about your portfolio analysis
  • • Enhance platform security and prevent fraudulent activity

3. Data Security & Blockchain Privacy

Parallax implements enterprise-grade security measures:

  • Zero-Knowledge Analysis: Portfolio analysis without exposing private holdings
  • Encrypted Data Storage: All sensitive data encrypted at rest and in transit
  • Blockchain Privacy: We only access publicly available on-chain data
  • No Private Key Access: We never request or store your private keys

4. Data Sharing & Third Parties

Parallax does not sell your personal information. We may share data with:

  • Service Providers: Virtual Protocol, Base blockchain, and The Graph Protocol for platform functionality
  • Analytics Partners: Aggregated, anonymized data for market research and platform improvement
  • Legal Requirements: When required by law or to protect our rights and users

5. Your Rights & Choices

You have the right to:

  • • Access and download your portfolio analysis data
  • • Correct inaccurate information in your account
  • • Delete your account and associated data
  • • Opt out of non-essential communications
  • • Request information about data processing activities

6. Cookies & Tracking

Parallax uses cookies and similar technologies to enhance your experience, analyze platform usage, and provide personalized AI recommendations. You can control cookie preferences through your browser settings.

7. International Data Transfers

Parallax operates globally and may transfer data across borders to provide our services. We ensure appropriate safeguards are in place for international data transfers in compliance with applicable privacy laws.

8. Changes to This Policy

We may update this Privacy Policy to reflect changes in our practices or legal requirements. We will notify users of material changes through email or platform notifications.

9. Contact Us

For questions about this Privacy Policy or your data rights, contact us at:

Email: privacy@parallax.ai
Address: Parallax AI, Inc.
Legal Department
San Francisco, CA 94105