An interface to smart contracts, not a broker

These terms are between you and [legal entity name] (“we”). By using the interface you accept them. If you do not, do not use it.

• Self-custodial. You hold your own keys. We never take custody of your assets and cannot move, freeze or recover them.
• Non-custodial routing only. The interface helps you construct transactions. The smart contracts execute them. We are not a broker, exchange, custodian, or money transmitter, and we do not match trades ourselves.
• No reversals. Once you sign, the transaction is out of our hands. There is no cancel, no chargeback, and no support channel that can undo it.
• Availability is not promised. The interface, indexers and price data can go down. The underlying contracts may remain usable without us.

You must be at least the age of majority where you live — 18 in most places — and legally able to enter this agreement.

You may not use the interface if you are a citizen or resident of, or located in, any country or territory subject to comprehensive United States sanctions, or if you appear on any applicable sanctions list. That set is defined by the sanctions programmes themselves rather than fixed by us, so it changes when they do; as at the date above it covers Cuba, Iran, North Korea, Syria, and the Crimea, Donetsk and Luhansk regions of Ukraine. You are responsible for knowing whether your own laws permit what you are doing.

Nothing in the interface is financial, investment, legal or tax advice. Prices, charts, APRs, points, projected earnings and market data are for information only, may be wrong or stale, and are not a recommendation to do anything. Decide for yourself, and take your own professional advice.

• Total loss. Digital assets are volatile and can go to zero. Never commit more than you can afford to lose entirely.
• Smart contract risk. Contracts may contain bugs or be exploited. An audit reduces risk; it does not remove it.
• Execution risk. Slippage, price impact, failed transactions, gas costs, and value extracted by transaction ordering (MEV) can all leave you worse off than the quote suggested.
• Liquidity risk. Providing liquidity can return less than you deposited. A concentrated range earns nothing while the price sits outside it.
• Data risk. Oracles and indexers can be delayed, wrong, or offline, and the interface may display stale information as a result.
• Testnet assets have no value. Testnet tokens, points and rewards are not money and carry no promise of future value or conversion.

If you deploy a token through the interface, you are its author and you are responsible for it. Specifically:

• Deployment is permanent. The name, symbol, decimals and supply are fixed at deploy. There is no owner and no mint function, so nobody — including us — can change them afterwards.
• Listing is not liquidity. Launching deploys your coin and opens a market for it. It does not place orders or provide liquidity, and the supply is sent to you. A market with nothing resting in it cannot be traded until someone posts an order.
• The listing price and fees are not yours to set. Every coin lists against an approved quote token at a rate we configure. Trading fees are set by the contract, not by you: takers pay a higher rate until the coin's total value reaches a set figure, and a lower rate after. That is a separate threshold from the liquidity one described below, which governs where a coin appears in this interface. Meeting one does not mean meeting the other, and both figures are set by us and can change.
• You warrant your content. The name, logo, description and links you supply must be yours to use and must not infringe anyone's rights, impersonate another project, or be unlawful or deceptive.
• We can remove metadata. We may hide, correct or remove the name, logo and description shown in this interface — for example where it impersonates another project. This changes what the interface displays. It does not and cannot alter the deployed contract.
• A listing is not an endorsement. Appearing in the interface, and any badge shown next to a token, does not mean we have reviewed, audited or approved the project, its team or its contracts, and is not a statement that it is safe or a good idea. A badge signifies exactly two things and nothing more: that the market crossed the automatic liquidity threshold described below, or that an operator set the flag by hand. Neither involves examining the project.
• Listing is automatic, and it is a threshold, not a judgement. A new coin starts unlisted: it is reachable by address, by search and in the launches views, but it is left out of rankings, default tables and totals. It is listed automatically once its market holds a set amount of liquidity in the quote asset. No person reviews it at that point, and crossing the threshold says nothing about the project beyond the fact that money is on the other side of its book. The amount is set by us and can change. Once listed, a coin stays listed until an operator hides it — a later fall in liquidity does not remove it on its own.
• You are responsible for your own compliance. Issuing a token may be a regulated activity where you are. That is your problem to solve, not ours.

When you withdraw from an embedded (passkey) wallet, the interface takes 0.01% of the amount — one basis point, one ten-thousandth — and sends it to a wallet we control. The rest goes to the address you gave. Both transfers are sent as a single transaction, so they succeed or fail together; you are never charged for a withdrawal that did not arrive.

• You see it before you sign. The review step shows what the destination receives and what the fee is, in the asset being sent.
• Small withdrawals pay nothing. The fee is computed in the asset's smallest unit and rounds down, so below ten thousand of those units it is zero and the review step says so. We do not round it up.
• It does not apply to every wallet. Withdrawing from an external wallet such as MetaMask sends the full amount with no fee, because that path cannot combine the two transfers into one transaction and we will not charge a fee that can land without the withdrawal it belongs to.
• It is not a network fee. Gas is separate, paid by you to the network, and we receive none of it.

• Use the interface for money laundering, sanctions evasion, fraud, or any other unlawful purpose.
• Manipulate markets, including wash trading and spoofing.
• Attack the interface or its infrastructure — scraping at abusive rates, probing for vulnerabilities without permission, or interfering with anyone else's use of it.
• Misrepresent yourself as Iter or as connected to us.

The Iter name and branding are ours. Source code is licensed under the terms published in the repository, and those terms govern the code. Nothing here grants you a licence to use our branding.

The interface is provided “as is” and “as available”, without warranty of any kind — express or implied, including merchantability, fitness for a particular purpose, and non-infringement. We do not warrant that it will be uninterrupted, timely, secure or free of error, or that any data shown is accurate.

You transact from your own wallet, with contracts we do not control, and we are never a party to it. We take no custody, hold no balance, execute nothing on your behalf and can reverse nothing. There is no point at which your assets pass through us, and so no point at which we could have caused you a loss or could restore one.

Accordingly, and to the fullest extent the law allows, we accept no liability for any loss arising from your use of the interface — including lost profits, lost assets and lost opportunity, and including losses caused by smart contract failure, network congestion, MEV, oracle error, or your own transaction choices. Where liability cannot lawfully be excluded, it is capped at zero: we charge you nothing for the interface and hold nothing of yours, so there is no fee to refund and no balance to make you whole from.

You agree to cover us against claims arising from your use of the interface, your breach of these terms, and any token or content you publish through it.

We may change these terms, and may restrict or withdraw access to the interface at any time, including where required by law. Material changes will be reflected in the date above. These terms are governed by the laws of the Cayman Islands, and disputes will be resolved by confidential binding arbitration seated in the Cayman Islands, conducted under [arbitral rules and institution].

See also the privacy policy and cookie policy.