Terms of use

1. Who we are and what these terms cover

Aetheria (the "Service") is a project run by a private individual ("we", "us"), and not by a company. No company, fund or other organisation stands behind it. Its only revenue is the fee of our own described in section 8: it sells nothing else and shows no advertising.

These terms govern your access to and use of the website aetheria.trade and any interface provided under that name. The Service is offered with no commitment as to its availability, continuity or results.

By using the Service you accept these terms. If you do not accept them, do not use the Service.

2. A non-custodial interface to decentralised protocols

The Service is a non-custodial software interface to decentralised protocols. Swaps are not executed by us: they are executed by smart contracts deployed on public blockchains and by decentralised networks, such as THORChain and Chainflip, and by on-chain liquidity reached through aggregators such as KyberSwap. None of these is owned, operated or controlled by us.

The Service requests quotes from those protocols, shows them side by side, checks them, and helps you prepare either a transaction that you sign in your own wallet and that is sent directly to the smart contract of the protocol, or a deposit address generated by the protocol, to which you send funds yourself.

For a THORChain swap from Tron, you sign the transaction in TronLink, which does not send it: our server passes it on to the Tron network as you signed it, and only after checking that it is the transaction prepared for your swap. A signed transaction cannot be changed without making it invalid, so our server can send it or not send it, never alter where it pays or how much.

At no time do we take custody of your crypto-assets. Your funds never pass through an account, wallet or address of ours: they move only from your wallet to the protocol, and from the protocol to the receiving address you choose. No amount reaches us. Should we ever charge a fee of our own, it would be paid to us by the protocol’s smart contract as part of the same transaction, as shown before you confirm (section 8). We never hold, receive, transmit or control your funds, we cannot move, freeze or recover them, and we never know or store your private keys or recovery phrases. Every transaction is authorised by you alone, from a wallet under your sole control.

We are therefore not a bank, a broker, an exchange, a payment service, a custodian or a counterparty to any swap. We do not execute orders on your behalf, and we do not act as your agent, adviser or fiduciary. The outcome of each swap is determined by the code and the rules of the protocol that executes it.

3. Who may use the Service

You may use the Service only if you are at least 18 years old, or the age of majority where you live if higher, and have the legal capacity to accept these terms. If you use the Service on behalf of a company or other organisation, you confirm that you are authorised to bind it to these terms.

You may not use the Service if you, or anyone who owns or controls you or on whose behalf you act, are named on a sanctions list of the United Nations, the European Union, Italy, the United Kingdom or the United States, or are located, resident or established in a country or territory subject to comprehensive sanctions or embargoes by any of them (together, "Restricted Persons" and "Restricted Territories"). You may not use the Service to transact with or for a Restricted Person.

You may not use the Service where using it, or the protocols it connects to, is prohibited or requires a licence you do not hold. You alone are responsible for complying with the laws that apply to you.

Addresses are screened against sanctions lists. We may refuse to show a quote, prepare a transaction or open a deposit address, and may block access to the Service, at any time and without giving reasons, when screening, the law or any other check requires it.

4. Your responsibilities

You are solely responsible for the security of your wallet, your devices, your private keys and your recovery phrases, and for any transaction signed with them.

Before you sign or send anything, you must check what your wallet shows: the contract, the amount, the receiving address, the network and the minimum you accept. For a deposit address, you must send exactly the asset, on exactly the network and before the deadline shown on the page.

Funds sent to a wrong address, on a wrong network, in a wrong asset, below a protocol minimum or after a deadline may be lost, and we cannot recover them.

You confirm that the crypto-assets you use were lawfully obtained, and that you understand how crypto-assets, wallets and decentralised protocols work and the risks described in these terms.

You alone are responsible for determining, declaring and paying any taxes that apply to your transactions.

5. Prohibited use

You must not use the Service: for any unlawful purpose, including money laundering, terrorist financing or sanctions evasion; with the proceeds of crime; to defraud or mislead us or anyone else; to interfere with, overload, attack or probe the security of the Service or its infrastructure, including by automated means beyond ordinary use; to circumvent its limits, checks or screening; or to suggest any affiliation with or endorsement by us that does not exist.

6. Decentralised protocols and smart contracts

The protocols and smart contracts that execute swaps, such as THORChain, Chainflip and KyberSwap, are independent of us. We do not operate, control or endorse them, we cannot change how they work, and we are not responsible for their availability, pricing, execution, refunds, security or conduct. Their own terms may apply to you.

A protocol may pause trading, halt a chain, change its fees or behave in a way that differs from its quote. Transactions follow the rules of the blockchain and the protocol on which they take place. We show the checks we can perform, but we cannot guarantee the outcome of a swap carried out by a third party.

Links to block explorers, protocol pages and other third-party websites are provided for convenience. We do not control them and are not responsible for their content or services.

7. Quotes, prices and times

Quotes are estimates provided by third parties and are valid only for a limited time. The amount you receive can differ from the expected amount. A minimum is shown separately; where a protocol enforces it, a swap that cannot meet it is refunded or reverted instead of executed.

The tolerance you may choose is limited to 20%. Above 3% the Service warns you, and above 5% it asks you to accept that value: a wider tolerance is your choice and your risk, and a swap can then deliver up to that much less than the expected amount.

Dollar values, prices, statistics and other information are shown for information only, with their source and time where available, and may be unavailable, incomplete or out of date. Execution times are estimates. You rely on this information at your own risk.

Consolidation, rebalancing and two-step routes are plans made of separate swaps. Each swap is quoted again, checked and confirmed by you on its own, with its own fees, including ours where it applies; a plan's totals are estimates. A plan leaves out a swap whose fees would exceed 5% of what it sends, and a swap whose price moved beyond your tolerance is not started. Nothing runs on its own: some swaps of a plan may complete while others do not, and the funds of a swap not started stay where they are. Which asset to hold, and in what split, is always your choice: a rebalancing starts from the split you hold now and works out the fewest swaps toward the split you set, within the tolerance you choose, and the split it reaches is an estimate at the prices of the moment.

8. Fees

Network fees and the fees of the protocols are set by those networks and protocols, and are shown for each route before you confirm. We do not control them.

We may charge a fee of our own, never higher than 0.5% of the amount sent, currently 0.3% on the routes where it applies (0.44% on NEAR Intents, of which 1Click keeps 0.22%, section 20). It is shown before you confirm and is collected by the protocol as part of the transaction you sign or the swap you send to. We do not charge any other fee or subscription.

9. Risks you accept

Blockchain transactions are irreversible: neither we nor anyone else can cancel or reverse them.

Crypto-assets are highly volatile and can lose all of their value. Network fees and confirmation times can rise sharply at any time.

Smart contracts, protocols, bridges, wallets and blockchains can contain bugs, be exploited or attacked, fail, fork, be halted or be reorganised (including through consensus failures, 51% attacks, validator misconduct or governance decisions). Losses caused by such events may be permanent.

Your wallet, device, keys or internet connection can be compromised, including by malware or phishing. Always check that you are on aetheria.trade and that your wallet shows what you expect.

Laws and regulations on crypto-assets are changing and uncertain, and may restrict or prevent your use of the Service or of crypto-assets.

You use the Service at your own risk and only with funds you can afford to lose.

10. No advice and no fiduciary duties

Nothing on the Service is investment, financial, legal or tax advice, or a recommendation, solicitation or offer to buy, sell or hold any crypto-asset. The ranking of routes reflects only the amount each route is expected to deliver, or its estimated time, as you choose. Consult your own advisers before any transaction.

We are not your agent, broker, adviser, partner or fiduciary. To the fullest extent permitted by law, we owe you no duties other than those expressly set out in these terms.

11. Availability, suspension and termination

The Service is provided as available. We may change, suspend or stop it, or any part of it, at any time and without notice, including by switching off swaps when a check fails or a protocol behaves unexpectedly, and we may restrict or end your access if you breach these terms or the law requires it. A suspension never affects funds already in a protocol: the protocol completes or refunds the swap under its own rules.

12. Intellectual property

The name Aetheria, the logo, the design and the content of the Service belong to us or our licensors. You may use the Service for its intended purpose only, and may link to it provided the link is not misleading.

13. Disclaimer

To the fullest extent permitted by law, the Service is provided "as is" and "as available", without warranties of any kind, express or implied, including warranties that it will be uninterrupted, secure, error-free or free of harmful components, or of accuracy, merchantability, fitness for a particular purpose and non-infringement.

14. Limitation of liability

The Service is run by a private individual, not by a company, and its only revenue is the fee described in section 8. You acknowledge that this is reflected in the limitations below.

To the fullest extent permitted by law, we are not liable for any loss or damage arising from or in connection with your use of, or inability to use, the Service, including loss of crypto-assets, loss of profits, revenue, data or opportunities, and indirect or consequential losses, and in particular for losses caused by: third-party protocols, smart contracts, networks, wallets or services; bugs, exploits or failures of the software and blockchains described in section 9; your own errors, such as a wrong address, network or asset; unauthorised access to your wallet or device; or events outside our reasonable control, such as network outages, attacks, natural disasters, war or acts of public authorities.

If you do not use the Service as a consumer, our total liability to you is in any case limited, to the fullest extent permitted by law, to the greater of 100 US dollars and the fees you paid to us in the six months before the event that gave rise to the claim.

Nothing in these terms excludes or limits liability that cannot be excluded or limited under applicable law, including liability for wilful misconduct or gross negligence, for death or personal injury, or the rights you have as a consumer under the mandatory law of your country of residence.

15. Indemnity

To the extent permitted by law, you will hold us harmless from claims, losses and reasonable costs brought by third parties and caused by your breach of these terms or of the law, or by your violation of the rights of others. If you are a consumer, this applies only where the breach is your fault.

16. Changes to these terms

We may update these terms. The date of the latest version is shown at the top of this page, and the Service asks you to accept a new version before your next swap. Changes do not affect swaps started before.

17. Governing law and disputes

These terms are governed by Italian law. If you are a consumer, you keep the protection of the mandatory rules of the country where you live, and you may bring proceedings before the courts of your place of residence.

If you are not a consumer, any dispute is subject to the exclusive jurisdiction of the courts of Italy.

Consumers resident in the European Union may also use the European Commission’s online dispute resolution information at ec.europa.eu/consumers/odr.

18. General

These terms, together with the privacy notice, are the entire agreement between you and us about the Service. If any provision is found invalid or unenforceable, the rest remains in force. Our failure to enforce a provision is not a waiver of it. You may not transfer your rights under these terms without our consent.

19. Aetheria Points

Aetheria Points ("Points") record the dollar value of the swaps that a wallet which has joined the programme sends through the Service: one Point for every full 10 US dollars of total volume, rounded down. Only completed swaps signed in an EVM wallet whose sending address our tracker has verified count, at the dollar value shown before the swap was confirmed. Swaps sent to a deposit address or signed in TronLink cannot be linked to a wallet and earn no Points. When a wallet joins, its swaps of the last 30 days still kept by our tracker count too.

Points are not a token, a security, money or a claim of any kind. They have no monetary value, cannot be bought, sold, exchanged or transferred, and give no right to any payment, token, distribution or other benefit. Aetheria has no token. If one is ever created, Points may or may not be taken into account in its distribution, under terms that would be published at that time and that may exclude persons or countries where the law requires it. Nothing about Points is investment advice or an offer of any crypto-asset.

Joining is optional and free, and you can leave at any time: leaving deletes your Points. We may change the rules, correct errors, exclude volume obtained through abuse (such as swapping back and forth, or across many wallets, only to inflate volume), or end the programme at any time.

20. Swaps through NEAR Intents

A swap from Bitcoin, Bitcoin Cash, Litecoin, Dogecoin or Zcash can be carried out through NEAR Intents. Its 1Click service, operated by Intents Technology Limited, a company incorporated in the British Virgin Islands, opens a deposit address for that swap only. You send the funds yourself; NEAR Intents carries out the swap through its own network and bridges and pays out to your receiving address. Neither NEAR Intents nor 1Click is operated by us. The Service is a self-directed tool to reach them: neither we nor Intents Technology recommend or endorse trading crypto-assets, and nothing on the Service is an inducement to deal in them.

If less than the amount shown arrives, or the swap cannot be completed at the minimum by its deadline, NEAR Intents refunds the deposit to your refund address, minus a refund fee. If more arrives, the excess is refunded once the swap is done. A deposit sent after the deadline is refunded while the address still takes deposits, until the time shown on the page; after that it may be lost.

Quotes from NEAR Intents are indicative, and the minimum it quotes is shown as an estimate. If a swap fills at a better price than quoted, part of the difference (currently 50%) may be kept by Intents Technology and others, while a worse price within your tolerance is yours to bear. Our fee on these swaps is 0.44% of the amount sent, of which 1Click keeps 0.22% as its infrastructure fee; network fees, slippage and the payout fee NEAR Intents quotes come on top.

These swaps move assets across chains through bridges, including the proof-of-authority (PoA) bridge NEAR Intents uses for several of these assets. A bridge can fail, be delayed, be halted or be attacked; a deposit it cannot process may need a manual refund that can take days, and funds may be lost. Transactions are irreversible.

Swaps through NEAR Intents may not be used by anyone named on a sanctions list, or located, established or resident in Afghanistan, Belarus, the Central African Republic, Cuba, the Democratic Republic of the Congo, Guinea-Bissau, Haiti, Iran, Libya, Mali, Myanmar, Nicaragua, North Korea, Russia, the Crimea, Donetsk, Luhansk, Zaporizhzhia and Kherson regions and the city of Sevastopol, Somalia, South Sudan, Sudan, Syria, Venezuela, Yemen or Zimbabwe, or in any other jurisdiction Intents Technology excludes.

You have no contract with, and no rights against, Intents Technology. To the fullest extent permitted by law, Intents Technology, its affiliates and their personnel give you no warranty of any kind, do not guarantee pricing, execution or availability, and are not liable to you in connection with these swaps; you accept the risks of your wallet, of blockchains and of crypto-asset transactions.

21. Contact

For any question about these terms, and to exercise your rights, write to support@aetheria.trade.