Kandle Finance – Terms of Use
Last Updated: October 2025
Plain-English Summary
- Non-custodial:You always use your own wallet; the Interface Providers never hold your assets.
- High risk:Smart contracts can fail; markets can crash; you could lose everything.
- Irreversible:On-chain transactions are final; no reversals by the Interface.
- Pre-deposits:No guaranteed rights (no promised tokens, yield, or launch).
- No advice / no offer:Nothing here is investment, legal, or tax advice; this is not a securities offering.
- Access limits:No U.S. users and no users in OFAC-sanctioned regions; do not bypass via VPN/proxy.
- Your responsibility:You are responsible for your wallet, transactions, and legal compliance.
- Disputes:Confidential arbitration seated in Hong Kong; no class actions.
1. Acceptance of Terms
By accessing or using the Interface, you agree to be bound by these Terms of Use (the "Terms"). If you do not agree to all provisions of these Terms, you must not access or use the Interface. By accessing or using the Interface, you acknowledge that you understand the technical and legal risks involved and that you assume full responsibility for your use of decentralised smart contracts.
These Terms constitute a binding agreement between you and the persons or entities that make the Interface available (collectively, the "Interface Providers"). The Interface is provided on a non-custodial, permissionless basis and is intended solely as a gateway to decentralised smart contracts deployed on public blockchain networks (the "Protocol"). The Interface Providers do not control or operate the Protocol, do not execute or settle transactions on your behalf, and do not hold or safeguard any digital assets.
2. Nature of the Interface
The Interface is provided for informational and interaction purposes only. It is one of multiple possible means by which users may access the Protocol. The Protocol is composed of autonomous smart contracts that operate independently of the Interface Providers, and may be accessed directly via compatible wallets.
No brokerage, custody, portfolio management, advisory or intermediary services are provided through the Interface. No fiduciary, agency, partnership or joint venture relationship is created between you and the Interface Providers by your use of the Interface.
4. Eligibility and Restricted Jurisdictions
You represent and warrant that you:
- are at least the age of majority in your jurisdiction;
- are not a citizen, resident of, or located in the United States;
- are not a citizen, resident of, or located in any jurisdiction subject to comprehensive sanctions, including Cuba, Iran, North Korea, Syria or any other jurisdiction designated by the Interface Providers for legal or compliance reasons;
- are not listed on any sanctions-related list, including the U.S. Specially Designated Nationals (SDN) list or equivalent;
- will not use VPNs, proxies, or other means to circumvent geographic or compliance restrictions; and
- will comply with all applicable laws and self-executing sanctions regimes.
The Interface Providers may block or restrict access (including by blacklisting wallet addresses, IP ranges, or regions) at their discretion or where required by law.
5. Prohibited Uses
You will not use the Interface or Protocol to:
- engage in unlawful activity (including money laundering, terrorist financing, fraud, or sanctions evasion);
- violate any law, regulation, or third-party right;
- interfere with or attack the Interface or Protocol (including hacking, scraping, denial-of-service, or introducing malicious code);
- circumvent technical restrictions (e.g., geofencing or address blocks);
- impersonate others or provide false information; or
- promote or conduct token sales, investment schemes, or fundraising through the Interface.
The Interface Providers may investigate suspected violations and take appropriate measures, including blocking access or reporting unlawful conduct.
6. Risk Disclosures
Your use of decentralised protocols involves significant risks, including but not limited to:
- Market volatility: digital assets may lose substantial or total value;
- Smart-contract risk: bugs, vulnerabilities, exploits, or upgrade errors may result in loss;
- Oracle/data risk: inaccurate or unavailable data feeds may impact Protocol function or allocations;
- Risk-tranching mechanics: tranche structures may not perform as expected; "senior" is not risk-free and "junior" may experience first-loss/total loss;
- Integration risk: reliance on third-party protocols, tokens, or stablecoins that may fail, de-peg, or change terms;
- MEV/transaction ordering: transactions may be re-ordered, front-run, or back-run, worsening outcomes;
- Regulatory risk: legal changes or enforcement may restrict access or affect functionality or legality;
- No insurance: assets are not bank deposits and are not insured or guaranteed.
You acknowledge that you may lose some or all assets and will have no recourse to the Interface Providers.
7. Prior Vault Deposits
Certain users may have previously interacted with early-stage contract deployments or contributed assets during experimental or pre-launch phases ("Prior Deposits"). Any such interactions were conducted on a voluntary basis and did not create any contractual rights, guarantees, claims, or entitlements to tokens, rewards, allocations, governance participation, or future benefits.
The transition to the live Protocol does not convert any Prior Deposits into claims against the Interface Providers or any present or future entity. No rights are granted or implied by virtue of any historical interaction. Any acknowledgements or allocations (if any) will occur solely at the discretion of the Protocol's autonomous mechanisms and not by promise, obligation, or agreement.
Users remain solely responsible for withdrawing or managing any remaining balances directly through the Protocol if applicable. The Interface Providers have no control over, and no liability for, any such balances.
8. No Financial, Tax or Legal Advice
All content and functionality accessible via the Interface is for informational and technical interaction purposes only. Nothing constitutes investment, legal, or tax advice. You are solely responsible for obtaining independent professional advice before interacting with the Protocol.
9. No Offer of Securities
The Interface and Protocol do not constitute or facilitate an offer or sale of securities, derivatives, collective investment schemes, or other regulated financial products. No promises of profit, passive return, or capital protection are made. Any tokens emergent from the Protocol are designed for technical use, not investment.
10. Fees and Charges
You are responsible for all network fees (e.g., gas) and any disclosed interface or protocol-level fees. Network fees apply even to reverted or failed transactions. The Interface Providers may modify displayed fees or fee parameters at any time to the extent surfaced by the Interface, without obligation to continue providing the Interface.
11. Changes, Suspension, and Termination
The Interface Providers may modify, suspend, or discontinue the Interface (in whole or part) at any time, with or without notice, and without liability. Certain provisions will survive any suspension or termination (see Section 15).
12. Limitation of Liability
To the fullest extent permitted by law, the Interface Providers and their affiliates, contributors, contractors, and service providers (collectively, the "Operator Parties") shall not be liable for any indirect, incidental, consequential, special, exemplary, or punitive damages, or for loss of profits, data, business, goodwill, or other intangible losses, arising out of or related to these Terms or your use of (or inability to use) the Interface or Protocol, whether in contract, tort, strict liability, or otherwise, even if advised of the possibility of such damages.
Without limitation, the Operator Parties have no liability for losses arising from the risks described in Section 6, from unauthorised access to your wallet, from user error, or from regulatory action. In all cases, the total aggregate liability of the Operator Parties to you shall not exceed USD 100. Some jurisdictions do not allow certain limitations; where prohibited, the limitations apply to the maximum extent permitted by law.
13. Indemnification
You agree to defend, indemnify, and hold harmless the Operator Parties from and against any claims, liabilities, damages, losses, and expenses (including reasonable legal fees) arising out of or related to:
- your breach of these Terms;
- your violation of law or third-party rights;
- your use of the Interface or Protocol; or
- any claim by a third party connected to your actions.
We may assume control of the defence, in which case you will cooperate fully and will not settle without our written consent.
14. Governing Law and Dispute Resolution
14.1 Governing Law. These Terms and any dispute, claim, or controversy arising out of or relating to them or to the Interface or Protocol (a "Dispute") are governed by the laws of the Cayman Islands, without regard to conflict-of-law rules.
14.2 Arbitration. Any Dispute shall be finally resolved by confidential binding arbitration administered under the ICC Rules (International Chamber of Commerce). Seat: Hong Kong. Language: English. Tribunal: one arbitrator. The arbitrator may award any relief available at law, excluding punitive damages where permitted.
14.3 Class Action Waiver. Disputes are resolved individually. No class, collective, or representative actions are permitted. If a court finds this waiver unenforceable, Section 14.2 will not apply to that claim.
14.4 Courts. For permitted court proceedings, the parties submit to the exclusive jurisdiction of the courts of Hong Kong.
15. Assignment, Novation, and Miscellaneous
- 15.1 Assignment and Novation. The Interface Providers may assign or novate these Terms to any successor or affiliate upon notice. You may not assign without consent.
- 15.2 Entire Agreement. These Terms are the complete agreement and supersede prior understandings.
- 15.3 Severability. Invalid provisions will be enforced to the maximum extent permitted; others remain in effect.
- 15.4 No Waiver. Failure to enforce is not a waiver; waivers must be in writing.
- 15.5 No Third-Party Beneficiaries. Except Operator Parties, no other person has rights under these Terms.
- 15.6 Survival. Sections 3, 5–9, 12–15 survive termination.
- 15.7 Contact. Notices may be given via the Interface. If a support contact is provided, use it for official notices.