Risk Disclosure

Last updated: December 2025

1. No Financial Advice

iSwap does not provide financial, investment, legal, or tax advice. All information is for educational purposes only. You should:

• Conduct your own research
• Consult qualified professionals
• Only invest what you can afford to lose

2. Volatility Risk

Cryptocurrency prices are extremely volatile. The value of tokens you swap:

• May decrease significantly within minutes
• May become worthless
• May not reflect fair market value during high volatility

3. Smart Contract Risk

Swaps are executed through smart contracts. Risks include:

• Bugs: Code vulnerabilities that could result in loss of funds
• Exploits: Malicious actors exploiting vulnerabilities
• Upgrades: Contract changes that affect functionality

iSwap uses 0x Protocol smart contracts, which have been audited but are not guaranteed to be bug-free.

4. Slippage and Price Impact

Large trades or low-liquidity tokens may experience:

• Slippage: Difference between expected and actual execution price
• Price Impact: Your trade moving the market price against you
• Front-running: Other traders exploiting your pending transaction

Always check the price impact before confirming swaps.

5. Failed Transactions

Transactions may fail due to:

• Insufficient gas
• Price movement exceeding slippage tolerance
• Network congestion
• Smart contract errors

You may still pay gas fees for failed transactions. These fees cannot be recovered.

6. Liquidity Risk

Some tokens may have:

• Low liquidity, resulting in poor execution prices
• Liquidity that disappears suddenly
• Fake liquidity designed to trap traders

7. Token Risks

Tokens swapped through iSwap may:

• Be scam or fraudulent tokens
• Have hidden fees or taxes
• Be blacklisted or frozen by issuers
• Become untradeable
• Have no value

iSwap does not endorse or verify any tokens. Always verify token contracts before swapping.

8. Wallet Security

You are responsible for:

• Securing your private keys and seed phrase
• Verifying transaction details before signing
• Using secure devices and networks
• Avoiding phishing attacks

Lost or stolen private keys cannot be recovered. iSwap cannot access or restore your wallet.

9. Regulatory Risk

Cryptocurrency regulations are evolving. Risks include:

• Services becoming unavailable in your jurisdiction
• Tax implications for swaps
• Reporting requirements
• Changes to legal status of certain tokens

Users in Iceland should be aware of FME (Financial Supervisory Authority) regulations.

10. Third-Party Risk

iSwap relies on third-party services:

• 0x Protocol for swap routing
• Blockchain networks (BNB Chain, etc.)
• Wallet providers
• Price oracles

Failures in these services may affect your ability to use iSwap.

11. No Insurance

Funds used with iSwap are NOT:

• Insured by any government agency
• Protected by deposit insurance
• Guaranteed by iSwap

12. Experimental Technology

Blockchain and DeFi are experimental technologies. By using iSwap, you acknowledge that you:

• Understand the risks involved
• Accept full responsibility for your actions
• Will not hold iSwap liable for losses

13. Summary

By using iSwap, you acknowledge that you have read, understood, and accepted these risks.