Terms of Service

By accessing or using any part of the Services, you agree to be bound by these Terms. If you do not agree, do not access or use the Services.

If you are entering into these Terms on behalf of a company or other legal entity, you represent that you have the authority to bind that entity, and "you" refers to both you and that entity.

Glacis Labs builds infrastructure for moving and settling digital assets. The Services currently include:

• ZeroDelta — settlement rails used by institutions, issuers and payment providers. Access to certain ZeroDelta functionality is gated behind know-your-business ("KYB") onboarding and is not open to the general public.
• AirLift — burn-and-mint cross-chain transport for supported tokens, distributed both directly and through third-party aggregators.
• Glacis Core — the open-source cross-chain messaging layer underneath the products above.
• This website and our public documentation, which are informational.

We may add, change, suspend or discontinue any part of the Services at any time. Some parts of the Services depend on public blockchain networks and third-party infrastructure that we do not operate and cannot control.

To use the Services you must be at least 18 years old and have the legal capacity to enter into a binding contract. If you are acting for an entity, you must be authorised to do so.

You represent and warrant that you are not, and are not acting on behalf of, a person or entity that is:

• listed on any sanctions list maintained by the U.S. Department of the Treasury’s Office of Foreign Assets Control (including the Specially Designated Nationals and Blocked Persons List), the United Nations Security Council, the European Union, the United Kingdom, or any other applicable sanctions authority;
• owned or controlled by, or acting for the benefit of, any such person or entity; or
• ordinarily resident in, located in, or organised under the laws of a territory subject to comprehensive sanctions administered by any of those authorities.

You also represent that your use of the Services is lawful in the jurisdictions that apply to you, and that you will not use the Services to circumvent any sanctions, export control or other trade restriction.

Certain features are additionally restricted to institutional counterparties that have completed our KYB onboarding. We may decline, suspend or terminate onboarding at our discretion.

The Services are software. Where the Services let you interact with a blockchain network, they do so from your own wallet, under your own control, and by broadcasting transactions you authorise.

• We never take custody, possession or control of your digital assets.
• We never hold, request or have access to your private keys, seed phrases or wallet credentials. Anyone who asks you for them is attempting to defraud you.
• We do not initiate transactions on your behalf, and we cannot reverse, cancel, recall or modify a transaction once it has been broadcast.
• We are not your agent, adviser, trustee or fiduciary, and no fiduciary duty is created by these Terms or by your use of the Services.

Nothing in the Services constitutes an offer to buy or sell any digital asset, security, commodity, derivative or other financial instrument. We are not acting as a broker, dealer, exchange, clearing agency, custodian, money services business, money transmitter or investment adviser in providing the Services to you, and the Services are not a bank account or a deposit-taking service.

You are solely responsible for the security of your wallet, devices and credentials, and for verifying every transaction, address, network, token and counterparty before you authorise anything.

All information provided through the Services — including documentation, dashboards, quotes, routes, estimates, analytics and marketing material — is for general informational purposes only. It is not financial, investment, accounting, legal or tax advice, and it is not a recommendation to enter into any transaction.

Quotes, prices, routes and execution estimates are indicative, are generated from third-party data, and may be inaccurate, delayed or unavailable. You should obtain independent professional advice before making decisions and should independently verify anything you rely on.

You are responsible for determining which laws and regulations apply to you and for complying with them. That includes, without limitation, any licensing, registration, anti-money-laundering, counter-terrorist-financing, sanctions screening, travel rule, consumer protection, market conduct, recordkeeping, reporting and tax obligations that attach to your activity.

You are responsible for calculating and paying any taxes arising from your use of the Services. We do not withhold taxes and do not provide tax reporting on your behalf unless we have separately agreed to do so in writing.

Where we onboard you as an institutional counterparty, you agree to provide accurate and complete information, to keep it current, and to cooperate with reasonable due-diligence requests.

The Services interoperate with software, networks and providers that we neither own nor operate — including blockchain networks and their validators, wallet providers, bridges, oracles, liquidity providers, market makers, custodians, stablecoin issuers, and aggregators such as LI.FI and Jumper.

Your use of any third-party service is governed by that third party’s own terms and privacy practices, not ours. We do not endorse, control, guarantee or assume responsibility for third-party services, and we are not liable for any loss arising from them, including from their downtime, insolvency, error, exploit or change in policy.

Where a third party freezes, blocklists, burns or otherwise restricts a token or address, we have no ability to override that action.

You understand and accept that using blockchain-based systems carries material risk, and you use the Services at your own risk. These risks include, without limitation:

• Smart contract risk — smart contracts may contain bugs, economic flaws or vulnerabilities despite audit and testing, and may be exploited, resulting in partial or total loss of assets.
• Irreversibility — blockchain transactions are generally final. A transaction sent to a wrong address, wrong network or wrong contract cannot be reversed by us or by anyone else.
• Network risk — congestion, reorganisations, forks, downtime, validator misbehaviour, sequencer failure or changes in protocol rules may delay, fail or alter transactions, and may cause fees to spike.
• Bridging and messaging risk — cross-chain transport depends on the security of the underlying bridges, relayers and messaging layers, any of which may fail or be compromised.
• Liquidity and market risk — digital asset prices are volatile, liquidity may be thin or disappear, quoted rates may move before execution, and slippage may occur.
• Counterparty and issuer risk — stablecoins and other tokenised assets depend on their issuers, reserves and redemption mechanics, which may fail or be suspended.
• Regulatory risk — laws affecting digital assets change frequently and may restrict, tax or prohibit activity that is lawful today.
• Security risk — phishing, malware, key compromise, front-end tampering and social engineering may result in loss of assets from your wallet.

To the fullest extent permitted by law, you release Glacis Labs from liability for losses arising from these risks, and you agree that you alone bear responsibility for evaluating them before you transact.

You agree not to, and not to permit anyone else to:

• use the Services in violation of any applicable law, regulation or sanctions programme;
• use the Services to launder money, finance terrorism, evade sanctions, or conceal or transfer the proceeds of criminal activity;
• use the Services to defraud, deceive or harm any person, or to manipulate any market;
• interfere with, disrupt, overload, or attempt to gain unauthorised access to the Services or to any system, network or account connected to them;
• probe, scan or test the vulnerability of the Services other than under a security disclosure programme we have published or agreed to in writing;
• reverse engineer, decompile or disassemble any part of the Services, except where that restriction is prohibited by law or expressly permitted by an open-source licence;
• scrape, harvest, mine or systematically extract data from the Services, or use automated means to access them, without our prior written consent;
• introduce malware or any other harmful code, or misrepresent your identity or affiliation; or
• use the Services to build a competing product, or resell, sublicense or commercially exploit the Services without our prior written consent.

The Services, including their design, text, graphics, interfaces, documentation and underlying software, are owned by Glacis Labs or our licensors and are protected by intellectual property law. Subject to these Terms, we grant you a limited, revocable, non-exclusive, non-transferable, non-sublicensable licence to access and use the Services for their intended purpose.

"Glacis", "Glacis Labs", "ZeroDelta", "AirLift", "Glacis Core", our logos and our other marks are our property. Nothing in these Terms grants you any right to use them without our prior written permission, except as permitted by our published brand guidelines.

Some of our software — including the Glacis Core contracts — is released under open-source licences in our public repositories. Where an open-source licence applies to a component, that licence governs your use of that component and takes precedence over this section to the extent of any conflict.

If you send us ideas, suggestions, bug reports or other feedback about the Services, you grant us a perpetual, irrevocable, worldwide, royalty-free licence to use it for any purpose without obligation or compensation to you. Please do not send us information you consider confidential unless we have signed a separate agreement covering it.

The Services may link to third-party websites, applications, repositories and resources. We provide those links for convenience only. We do not control, review or endorse their content, and we are not responsible for it. Following a link is at your own risk.

THE SERVICES ARE PROVIDED "AS IS" AND "AS AVAILABLE", WITH ALL FAULTS AND WITHOUT WARRANTY OF ANY KIND. TO THE FULLEST EXTENT PERMITTED BY LAW, GLACIS LABS DISCLAIMS ALL WARRANTIES, EXPRESS, IMPLIED OR STATUTORY, INCLUDING WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, QUIET ENJOYMENT AND NON-INFRINGEMENT.

WE DO NOT WARRANT THAT THE SERVICES WILL BE UNINTERRUPTED, TIMELY, SECURE, ACCURATE OR ERROR-FREE, THAT DEFECTS WILL BE CORRECTED, THAT ANY TRANSACTION WILL SETTLE OR SETTLE AT A PARTICULAR PRICE, OR THAT THE SERVICES ARE FREE OF HARMFUL COMPONENTS. AUDITS, REVIEWS AND SECURITY REPORTS ARE NOT GUARANTEES THAT SOFTWARE IS FREE OF VULNERABILITIES.

Some jurisdictions do not allow the exclusion of certain warranties. In those jurisdictions, the exclusions above apply to the maximum extent permitted by law.

TO THE FULLEST EXTENT PERMITTED BY LAW, GLACIS LABS AND ITS AFFILIATES, OFFICERS, DIRECTORS, EMPLOYEES, CONTRACTORS, AGENTS AND LICENSORS WILL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, EXEMPLARY OR PUNITIVE DAMAGES, OR FOR ANY LOSS OF PROFITS, REVENUE, DATA, GOODWILL, BUSINESS OPPORTUNITY OR DIGITAL ASSETS, WHETHER OR NOT WE HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, AND REGARDLESS OF THE THEORY OF LIABILITY.

TO THE FULLEST EXTENT PERMITTED BY LAW, OUR TOTAL AGGREGATE LIABILITY ARISING OUT OF OR RELATING TO THESE TERMS OR THE SERVICES WILL NOT EXCEED THE GREATER OF (A) THE AMOUNT YOU PAID US FOR THE SERVICES IN THE THREE MONTHS BEFORE THE EVENT GIVING RISE TO THE CLAIM, AND (B) ONE HUNDRED U.S. DOLLARS (US$100).

These limitations apply even if a limited remedy fails of its essential purpose. Nothing in these Terms excludes or limits liability that cannot lawfully be excluded or limited, including liability for fraud or for death or personal injury caused by negligence.

You agree to indemnify, defend and hold harmless Glacis Labs and its affiliates, officers, directors, employees, contractors and agents from and against any claims, demands, actions, damages, losses, liabilities, costs and expenses (including reasonable legal fees) arising out of or relating to your use of the Services, your breach of these Terms, your violation of any law or the rights of a third party, or any transaction you authorise.

We reserve the right to assume the exclusive defence and control of any matter subject to indemnification by you, at your expense, and you agree to cooperate with us.

We may suspend, restrict or terminate your access to all or part of the Services at any time, with or without notice, including where we reasonably believe you have breached these Terms, where required by law or by a regulator, where necessary to protect the Services or other users, or where continued access would expose us to legal or sanctions risk.

You may stop using the Services at any time. Sections that by their nature should survive termination — including the assumption of risk, intellectual property, disclaimers, limitation of liability, indemnification, governing law and dispute resolution provisions — survive.

These Terms and any dispute arising out of or relating to them or to the Services are governed by the laws of the State of New York, United States, without regard to its conflict-of-laws rules. The United Nations Convention on Contracts for the International Sale of Goods does not apply.

Informal resolution first. Before starting any formal proceeding, you agree to contact us at legal@glacislabs.com with a short description of the dispute and the relief you seek, and to negotiate in good faith for at least 30 days. Most concerns can be resolved this way.

Venue. If a dispute is not resolved informally, you and Glacis Labs agree to the exclusive jurisdiction of the state and federal courts located in the State of New York, and each party waives any objection to venue or forum in those courts.

Individual claims only. To the fullest extent permitted by law, you and Glacis Labs agree that each may bring claims against the other only in an individual capacity, and not as a plaintiff or class member in any purported class, collective, consolidated or representative proceeding. Each party also waives any right to a trial by jury to the fullest extent permitted by law.

Time limit. To the fullest extent permitted by law, any claim arising out of or relating to these Terms or the Services must be brought within one year after it arises, or it is permanently barred.

We may update these Terms from time to time. When we do, we will revise the "Last updated" date at the top of this page and, where the change is material, take reasonable steps to notify you. Changes take effect when posted. Your continued use of the Services after that point means you accept the revised Terms.

• Entire agreement. These Terms, together with our Privacy Policy and any written agreement we sign with you, are the entire agreement between us regarding the Services and supersede any prior understanding on that subject. Where a signed agreement conflicts with these Terms, the signed agreement controls.
• Severability. If any provision is held unenforceable, it will be limited or removed to the minimum extent necessary, and the remaining provisions stay in full force.
• No waiver. Our failure to enforce a provision is not a waiver of our right to enforce it later.
• Assignment. You may not assign or transfer these Terms without our prior written consent. We may assign them freely, including in connection with a merger, acquisition or sale of assets.
• Force majeure. We are not liable for any failure or delay caused by events beyond our reasonable control, including network outages, blockchain failures, acts of government, natural events, labour disputes or third-party service failures.
• No third-party beneficiaries. These Terms do not create rights for anyone other than you and Glacis Labs, except for the indemnified parties named above.
• Headings. Headings are for convenience only and do not affect interpretation.

Questions about these Terms can be sent to legal@glacislabs.com, addressed to Glacis Labs, Inc., Legal.