Terms of use

Cipher is a software interface. By using it you agree to these terms. If you do not agree, do not use it.

What Cipher is

Cipher shows quotes and creates swap orders on a third-party settlement rail, NEAR Intents, for swaps and Dark Pool vaults. Cipher does not run an exchange, does not make markets and does not hold customer funds.

Custody

• Swaps: your deposit is held by NEAR Intents only while it settles, then paid out or refunded under the rail's rules.
• Dark Pool vaults: funds sit in a NEAR Intents balance controlled by a key created and stored in your browser. Cipher never receives that key and cannot move, freeze or recover those funds. If you lose the key and your browser storage, the balance is lost.

Your responsibilities

• Check every address. Sending the wrong coin, on the wrong chain, or to an address you do not control is usually unrecoverable.
• Send within the quote window. Late, short or excess deposits are handled by the rail as described on the Docs page.
• Keep your vault key file and its password safe.
• Make sure using Cipher is legal where you are.

Prohibited use

You may not use Cipher to launder money, finance terrorism, evade sanctions, move proceeds of crime or fraud, or for any other unlawful purpose. You may not use it if you are a sanctioned person or located in a sanctioned or prohibited jurisdiction. The rail screens activity and may refuse or hold funds; Cipher may block access to anyone at any time.

Quotes, fees and timing

Quotes come from the rails and can move until a swap settles. Every quote shows its full cost. Times are estimates. Cipher's own fee is shown on the quote and may change; it is currently zero.

Privacy features

The Cipher Score, scatter, Vault and other tools reduce how easily a swap can be followed on public chains. They are not a guarantee of anonymity. The settlement rail sees the swaps it processes.

No warranty, limited liability

Cipher is provided as is, without warranties of any kind. To the fullest extent the law allows, Cipher and its contributors are not liable for losses arising from your use of the interface, the rail, blockchain networks, your devices, or your keys.

Changes

We may change these terms or the service at any time. The date above shows the latest version.