Terms of Service

On this page§01 Acceptance

Acceptance#

These Terms form a binding agreement between you and Kyron. You accept them by checking the acceptance box at signup or by using the platform in any way that requires authentication, deposit, or order placement.

If you use Kyron on behalf of an organisation, you represent that you have authority to bind that organisation. References to “you” include any organisation you act for.

Eligibility#

You may use Kyron only if all of the following are true:

You are at least 18 years old (or the age of majority in your jurisdiction, if higher).
You have legal capacity to enter binding contracts under the law of your jurisdiction.
You are not a resident of, located in, or accessing Kyron from a restricted jurisdiction. We maintain a current list of restricted jurisdictions and update it as regulatory positions evolve. We may refuse, suspend, or terminate access at any time based on geographic detection or KYC findings.
You are not on any sanctions list maintained by the United States Office of Foreign Assets Control, the United Nations Security Council, the European Union, His Majesty's Treasury, or any equivalent authority.
Your use of Kyron does not violate the law of any jurisdiction you reside in, trade from, or hold tax residency in.

We do not provide legal advice. Determining whether you may lawfully use Kyron is your responsibility. See Risk Disclosures § 8 for context.

Account and security#

Kyron accounts are created through an authentication provider and are linked to a smart-contract wallet (a Safe) that holds your funds. The wallet is non-custodial: only you can authorise withdrawals from it. Kyron never holds your withdrawal keys.

You are responsible for:

Keeping your authentication credentials secure.
Saving and protecting the recovery details we provide at signup. Loss of recovery details may result in permanent loss of funds. Kyron cannot recover funds from a lost wallet.
All activity that occurs through your authenticated session, including trades, deposits, withdrawals, and consent acknowledgements, except where you have promptly reported unauthorised access.
Using the Security page if you suspect unauthorised access or a security vulnerability.

Kyron's role is to operate the matching engine, the on-chain settlement contracts, and the user interface that connects you to them. We are not a custodian, broker-dealer, or investment adviser.

Trading rules#

Kyron operates a central limit order book on Base. You may place limit orders, market orders, post-only orders, and cancel resting orders at any time prior to fill, subject to network availability. Orders execute on-chain against Kyron's smart contracts.

Where the internal order book is too thin to fill your order at a reasonable price, your order may route to aggregated external liquidity venues. The final price (including any spread adjustment) is shown to you before you confirm. By confirming, you authorise the routed execution.

Markets resolve YES or NO based on the resolution criteria published per market. Resolution criteria cannot be changed retroactively. See Risk Disclosures § 5 for settlement detail.

Fees and the rebate programme are described at /fees. We may change fees with reasonable notice; changes do not affect orders placed before the change took effect.

Deposits and withdrawals#

Deposits are routed using tiered logic (direct burn-and-mint where available; native L2 bridges for ETH; a whitelist-filtered aggregator for long-tail tokens). All deposits ultimately land as USDC in your Safe on Base. See Risk Disclosures § 3 for the full routing model.

Withdrawals are non-custodial: you initiate them and they execute against your Safe. If Kyron's user interface is unavailable, you can self-withdraw directly via the on-chain Safe interface using the recovery details provided at signup. See Risk Disclosures § 11.

Per-deposit caps and per-bridge daily caps may apply, especially for Tier 2 aggregator-routed deposits. We may pause or restrict deposit routes if a third-party bridge or aggregator shows incident signal. We will surface the reason in the deposit flow.

Execution and counterparty disclosure#

Trades execute against (a) other Kyron customers and authorised market makers in the internal order book, or (b) aggregated external liquidity venues mapped, monitored, and spread-adjusted by Kyron. Kyron's smart contracts and execution infrastructure sit between you and the venue.

Aggregated external venues are third-party infrastructure with their own security posture. A bug, governance change, or operational incident at any underlying protocol could affect open routed positions. We apply kill switches when an incident signal appears, but we cannot guarantee third-party integrity.

Risk acknowledgement#

By using Kyron you acknowledge that trading prediction markets carries real financial risk, including the risk of losing all funds you deposit. Prices are not guaranteed. Outcomes are not guaranteed. Network availability is not guaranteed. Kyron is not an insurance product.

You agree to read Risk Disclosures in full before depositing funds or placing trades. The Risk Disclosures are incorporated by reference into these Terms.

Prohibited use#

You agree not to use Kyron for:

Market manipulation, including wash trading, spoofing, layering, or any practice designed to create a misleading appearance of trading activity.
Coordinated trading with the intent to move price away from organic market consensus.
Exploiting bugs, race conditions, or undocumented behaviour in Kyron's contracts or interfaces for personal gain. Responsible disclosure through the Security page is welcomed and rewarded.
Circumventing geographic restrictions through VPNs, proxies, false jurisdictional declarations, or any other technical or legal means.
Money laundering, terrorist financing, sanctions evasion, or any activity that would cause Kyron to violate applicable financial-crime regulations.
Automated activity (bots, scripts, scrapers) outside of the published API surface and rate limits.
Reverse engineering, decompiling, or extracting source from Kyron's software beyond what applicable law explicitly permits.

We may suspend or terminate accounts that engage in prohibited use, forfeit improper profits in extreme cases, and report to law enforcement where required.

Fees#

Fees are described at /fees. Our current structure is a variance-weighted taker fee with a maker rebate pool and a routed-execution spread on aggregated-liquidity legs. We may change the structure with reasonable notice. Network gas is currently sponsored by Kyron, subject to monthly caps and tier-based spike-defense pauses described in Risk Disclosures § 7.

Intellectual property#

Kyron, the Kyron logo, and related brand marks are our property. You may not use them without our written permission. The platform software, smart contracts, user interface, glossaries, style guides, market resolution criteria, and underlying infrastructure are owned by Kyron or our licensors and protected by intellectual property laws.

You retain ownership of any content you post in community surfaces (chat, comments, support tickets) and grant Kyron a non-exclusive, royalty-free, worldwide licence to host, display, and operate that content as part of the platform.

Disclaimers and limitation of liability#

The platform is provided “as is” and “as available”. We disclaim, to the maximum extent permitted by law, all warranties of any kind, including warranties of merchantability, fitness for a particular purpose, non-infringement, and uninterrupted operation. We do not warrant that the platform will be error-free, secure, or available at any particular time.

Limitation of liability. To the maximum extent permitted by law, Kyron, its officers, directors, employees, agents, and affiliates are not liable for indirect, incidental, special, consequential, punitive, or exemplary damages, or for lost profits, lost data, business interruption, or loss of goodwill arising from your use of the platform. Our aggregate liability for any claim is limited to the greater of (a) the total fees you paid to Kyron in the twelve months preceding the claim, or (b) $100 in USDC.

No liability for third-party infrastructure. We are not liable for losses arising from bugs, governance changes, outages, or operational incidents at third-party protocols, bridges, aggregators, authentication providers, or blockchain networks. See Risk Disclosures § 4, § 6, § 7, and § 9.

Dispute resolution and governing law#

These Terms are governed by the laws of the jurisdiction stated in Kyron's entity registration (to be specified in the final version following counsel review). Disputes will be resolved through binding arbitration administered under internationally recognised arbitration rules, conducted in English. You waive any right to participate in a class action against Kyron.

Nothing in this section limits your statutory rights under mandatory consumer-protection law that applies regardless of choice of forum.

Termination#

You may close your Kyron account at any time by withdrawing all funds and contacting support@kyron.exchange. We may suspend or terminate your account if you breach these Terms, engage in prohibited use, become subject to sanctions or geographic restrictions, or fail KYC re-screening where applicable.

On termination, your right to use the platform ends. Sections relating to risk acknowledgement, prohibited use, intellectual property, disclaimers, limitation of liability, and dispute resolution survive termination.

Funds held in your non-custodial Safe remain accessible to you regardless of account-status changes on Kyron's side. You can self-withdraw at any time using the recovery details provided at signup.

Changes to these Terms#

We may update these Terms from time to time. Material changes will be announced via in-app notification at least seven (7) days before they take effect, except where shorter notice is required by law or regulatory directive. Continued use of the platform after the effective date constitutes acceptance of the updated Terms.

Contact#

For questions about these Terms, contact support@kyron.exchange. For security disclosures, use the Security page.