PRE-LAUNCH · V0 LIVE ON TESTNET · MAINNET TARGETED POST-AUDIT, Q4 2026BUILT ON BASE · BASE SEPOLIA (TESTNET)
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FAQ

Questions and answers

Short answers, with a link to the page that carries the depth. Every answer here is in the page's structured data word for word, so what an engine quotes is what you read. V0 runs on Base Sepolia (testnet); mainnet is targeted post-audit, Q4 2026.

Nothing here is legal advice. LEXI is not a law firm. A credential is not a licence, a registration, or an approval by any regulator.

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For protocols and token issuers

What LEXI is.

What is LEXI Protocol?

LEXI Protocol is compliance infrastructure for crypto on the India, UAE and US corridor. It turns a licensed lawyer's co-signed legal opinion into a dated, scope-bound credential on Base that the parties it names can verify in one call. VARA first, running on Base Sepolia testnet today; the EU (MiCA) and India (FIU-IND) are V1, next up. Mainnet is targeted post-audit, Q4 2026. The LEXI engine runs the first pass as work product; a licensed lawyer runs their own diligence and co-signs. LEXI is not a law firm. The whole flow is on the how it works page.

Is the engine's output a legal opinion?

No. The LEXI engine's first pass is work product: a checklist, a document review and a risk read prepared for the licensed lawyer. It is never the legal opinion, it never goes on-chain as a verdict, and there is no published compliance score. The engine is in development on a proprietary corpus of real regulatory work. No AI signs anything at LEXI.

Which jurisdictions does LEXI cover first?

V0 runs on Base Sepolia (testnet) with VARA (Dubai) as the base jurisdiction. The EU (MiCA) and India (FIU-IND) are V1, next up, and one opinion can then span several jurisdictions. US coverage is on the roadmap. The corridor focus is India, the UAE and the US. Nothing is on mainnet yet; mainnet is targeted post-audit, Q4 2026, VARA first.

How long does clearance take?

Clearing a jurisdiction means obtaining a co-signed legal opinion covering it. Sequential counsel on the corridor takes 8 to 12 weeks. LEXI's design target is about 5 days from complete documents. That is a design target, unmeasured: V0 runs on testnet, and no engagement has run on mainnet.

Do I need $LEXI to use LEXI?

No. Services are priced in USDC. Protocols pay USDC per credential, and reliers pay a fixed USDC fee for reliance access. Customers never need $LEXI. Only licensed lawyers interact with the token, as the USD-pegged eligibility stake, and no $LEXI token has been issued. The pricing model is on the protocols page.

Where does the opinion itself live?

Off-chain, encrypted, in an EU-hosted confidential store, readable by the reliers the credential names. Only hash commitments go on-chain. That split keeps the chain as the integrity layer while deletion and erasure requests under laws like India's DPDP Act and the EU's GDPR can be honoured off-chain.

For exchanges, VASPs and reliers

How a credential is read.

What does a LEXI credential contain?

On-chain, public: firm ID, signatory, jurisdiction, as-of date, expiry, status (Live, Expired or Revoked), reliance mode (Open or Selective), governing law, and hash commitments binding the scope and the opinion text. Off-chain, public: the scope text, assumptions and reservations, and permitted-use terms. Off-chain, gated to the named reliers: the opinion body, encrypted. The credential is non-transferable; the token standard is undecided. No risk score is written on-chain. Field by field: the credential page.

Is a LEXI credential a licence or a regulator approval?

No. A credential records a licensed lawyer's scoped legal opinion, committed on-chain. It is not a licence, a registration, or an approval by any regulator, and LEXI is not licensed or endorsed by VARA or any other regulator.

How do reliers verify a credential?

In three steps against Base: check the status is Live, not Expired or Revoked; check the scope and opinion hashes match the documents you hold; check your entity is a named relier and has accepted the reliance terms. Reading public on-chain metadata is free. Verification runs against mainnet records after the audit; V0 runs on Base Sepolia testnet today. The check in a listing team's language is on the exchanges page.

What does reading a credential cost a relier?

Reading a credential's public on-chain metadata is free for anyone. Reliance access, the gated opinion body plus an on-chain reliance record, is a fixed USDC fee paid by the relier. Price points publish at mainnet, and nothing on testnet carries a charge.

Who counts as a relier?

The parties a credential names: exchanges, VASPs, launchpads, Licensed Distributors and counterparties whose compliance teams read the opinion before they act on it. A relier's compliance officers read the credential; they do not co-sign it. Reliance attaches only after the relier accepts the reliance terms, and the credential records that acceptance. The term is defined in the glossary.

Is LEXI a token listing agent?

No. LEXI has not issued a token and is not a listing agent. If you are an exchange, you are a relier: here is how a credential is read.

For legal professionals

Who signs, what they stake, who their client is.

Who can co-sign a LEXI opinion?

Licensed lawyers only: practising lawyers who pass a licensure check, join through their firm, and post the eligibility stake. Compliance officers do not co-sign. Each engagement has one assigned signatory who co-signs the opinion. What you sign and what you stake: the legal professionals page.

What do licensed lawyers stake?

A USD-pegged amount of $LEXI, about $5,000, re-pegged against price so the dollar cost stays stable. Unstaking has a 14-day unbonding period. The stake is part of the protocol design, and no $LEXI token has been issued.

What can slash a lawyer's stake?

Only proven misconduct, adjudicated by a committee and capped in basis points. Reliers can flag a dispute but cannot slash anyone, and an unpopular conclusion is not misconduct.

Does the co-signing lawyer get paid from protocol revenue?

No. The protocol retains the lawyer's firm and pays the retainer directly, outside LEXI. 0% of LEXI's USDC fee goes to the co-signing lawyer, which keeps the opinion's economics separate from LEXI's.

Who is the lawyer's client?

The protocol, as in any engagement. The firm is retained directly by the protocol. LEXI coordinates the flow and records the credential; it is not a law firm and sits outside the attorney-client relationship.

The token

$LEXI, as designed. No token has been issued.

How does the protocol make money, and where does revenue go?

Revenue is USDC fees: protocols pay per credential, and reliers pay a fixed fee for reliance access. 40% of protocol USDC revenue is used to acquire $LEXI on-market and retire it, 60% funds the treasury and operations, and 0% goes to the co-signing lawyer, whose firm the protocol retains separately, outside LEXI. Documentation on the token page.

Is $LEXI live?

No. No $LEXI token has been issued, and no token is currently offered for sale. Nothing on this site is an offer of securities or a solicitation to invest, in any jurisdiction. Virtual assets carry risk, including the loss of their entire value.

What chain is LEXI built on?

Base, a rollup built on Ethereum. Credentials, reliance records and the staking and buyback contracts are designed for Base, and V0 is Base-only: it runs on Base Sepolia (testnet) today, and mainnet is targeted post-audit, Q4 2026.

Is $LEXI an investment?

$LEXI is designed as the protocol's staking and governance asset: the eligibility stake a licensed lawyer posts, and a vote on jurisdictions, fees, slashing conditions and the treasury. It is not equity and not a share of revenue, and holders never vote on whether a protocol is compliant. No token has been issued, nothing on this site is an offer or solicitation, and virtual assets carry risk, including the loss of their entire value.

The company

Founders, namesakes, and what is true today.

Who founded LEXI Protocol?

LEXI Protocol was co-founded by Lex Arbitrage (Co-Founder and CEO), Karthik (Co-Founder and CTO) and Ben Dhaya Ahmed (Co-Founder and CGO). The team and the key facts for diligence are on the about page.

Is LEXI Protocol related to other companies named LEXI or Lexi?

No. LEXI Protocol (lexiprotocol.com) builds Web3 compliance infrastructure on Base and is not affiliated with other companies or products that use the names LEXI, Lexi or LexiAI. No $LEXI token has been issued.

Is anything live on mainnet?

No. V0 is live on Base Sepolia (testnet), end to end: documentation in, engine first pass, co-signature flow, credential minted. Mainnet is targeted post-audit, Q4 2026, VARA first. Contracts are audited before mainnet; no auditor is engaged yet. Dated entries are in the build log.

The trust layer for institutional Web3.

Early access is a conversation with the founding team about your jurisdictions and your documents. Nothing is live on mainnet yet.