Last updated: 23 ****July 2026

1. About nilSwap

nilSwap is published by Nillion Association, a Swiss association ("Nillion"). It is a demonstration of experimental research software developed by Nillion.

By accessing or interacting with nilSwap, you agree to these Terms of Use ("Terms"). If you do not agree, please do not use nilSwap.

2. What is it?

nilSwap is a protocol and web app built on top of ETH Sepolia (an Ethereum testnet). It is:

• A technical demonstration of experimental research software.
• Operated on testnet infrastructure only, using testnet tokens which have no monetary value.

nilSwap is not:

• A commercial product or service.
• Available for commercial use or production deployment.
• A financial service, investment product, exchange, broker, custodian, or any other regulated activity.
• A representation, promise, or commitment regarding future availability, deployment, or commercialization by Nillion or any affiliated party.

3. No real assets

nilSwap operates exclusively with testnet tokens, which have no monetary value and cannot be exchanged for any real-world asset or currency. No real assets are transferred, held, or exchanged through nilSwap. You must not attempt to use, connect, or bridge any real assets to nilSwap.

4. Eligibility and permitted use

By using nilSwap, you represent and warrant that:

• You are of legal age in your jurisdiction to enter into these Terms.
• You are not a person subject to sanctions imposed by the United Nations, European Union, Switzerland, the United States, the United Kingdom, or any other applicable jurisdiction, and you are not acting on behalf of such a person.
• You are not using nilSwap for any unlawful purpose or in violation of any applicable law, regulation, or sanction.