Last Updated: November 3, 2026
1. Acceptance of These Terms
These Terms of Service (these "Terms") constitute a legally binding agreement between you and Kryn Labs LLC, a Wyoming limited liability company ("Kryn Labs," "we," "us," or "our"), governing your access to and use of the Kryn Wallet mobile application (the "App"), the website located at krynwallet.xyz (the "Site"), and any related software, features, and services that we make available (collectively, the "Services").
By downloading, installing, accessing, or using the Services, you acknowledge that you have read, understood, and agree to be bound by these Terms and by our Privacy Policy, which is incorporated into these Terms by reference. If you do not agree to these Terms, you must not access or use the Services.
PLEASE READ SECTION 19 CAREFULLY. IT CONTAINS A BINDING ARBITRATION AGREEMENT AND A CLASS ACTION WAIVER THAT AFFECT HOW DISPUTES BETWEEN YOU AND KRYN LABS ARE RESOLVED. YOU MAY OPT OUT OF THE ARBITRATION AGREEMENT AS DESCRIBED IN SECTION 19.
2. Eligibility
To access or use the Services, you represent and warrant that:
- you are at least eighteen (18) years of age and have the full legal capacity to enter into these Terms;
- you are not the subject of economic or trade sanctions administered or enforced by any governmental authority, including the U.S. Department of the Treasury's Office of Foreign Assets Control ("OFAC"), the United Nations Security Council, the European Union, or the United Kingdom, and you are not owned or controlled by, or acting on behalf of, any such person;
- you are not located, organized, or ordinarily resident in any country or territory that is the subject of comprehensive sanctions, including Cuba, Iran, North Korea, Syria, and the Crimea, Donetsk, and Luhansk regions of Ukraine;
- your access to and use of the Services complies with all laws and regulations applicable to you; and
- any digital assets you use with the Services are lawfully owned by you or you are duly authorized to use them.
If you access the Services on behalf of a legal entity, you represent that you have the authority to bind that entity to these Terms. We may restrict or deny access to the Services in any jurisdiction or to any person at our sole discretion.
3. Description of the Services
The App is non-custodial software that enables you to generate or import a digital asset wallet (a "Wallet") and to view, send, receive, and swap USD Coin ("USDC") and Tether USD ("USDT") on the Arbitrum One network.
Non-Custodial Nature. Kryn Labs does not at any time take possession, custody, or control of your digital assets, and does not have access to your recovery phrase, private keys, or PIN. Kryn Labs cannot initiate, approve, cancel, reverse, or recover any transaction, and cannot freeze or otherwise restrict the digital assets associated with your Wallet.
No Financial Services. Kryn Labs is not a bank, broker, dealer, exchange, custodian, money transmitter, or fiduciary, and the Services do not constitute any such service. Kryn Labs is not a party to any transaction you conduct through the App.
No Advice. Nothing provided through the Services constitutes investment, financial, legal, tax, or other professional advice. Prices, balances, and other information displayed in the Services are provided for informational purposes only, may be delayed or inaccurate, and should not be relied upon as the sole basis for any decision. You are solely responsible for evaluating any transaction you choose to make.
4. Wallet Security and Recovery Phrase
Recovery Phrase. When you create a Wallet, the App generates a recovery phrase on your device in accordance with the BIP-39 standard. Your recovery phrase and private keys are encrypted and stored only on your device, and are never transmitted to Kryn Labs.
Your Sole Responsibility. You are solely responsible for safeguarding your recovery phrase, your device, your PIN, and any biometric authentication methods enabled on your device. Your recovery phrase is the only means of restoring access to your Wallet. KRYN LABS DOES NOT STORE AND CANNOT RECOVER YOUR RECOVERY PHRASE, PRIVATE KEYS, OR PIN. IF YOU LOSE YOUR RECOVERY PHRASE AND YOUR DEVICE, YOU WILL PERMANENTLY LOSE ACCESS TO YOUR DIGITAL ASSETS.
Unauthorized Access. You are responsible for all activity conducted through your Wallet, whether or not authorized by you. Kryn Labs will never ask for your recovery phrase, private keys, or PIN, and any person requesting them is not acting on behalf of Kryn Labs.
Compatibility. Because your Wallet is based on industry standards, you may restore it using your recovery phrase in other compatible wallet software, including if the Services become unavailable.
5. Blockchain Transactions
Irreversibility. Transactions submitted to a blockchain network cannot be reversed, canceled, or modified. You are solely responsible for verifying the recipient address, amount, and network of each transaction before you confirm it. Warnings and other safeguards provided in the App are offered as a convenience and do not guarantee the accuracy or safety of any transaction.
Supported Assets. The App supports only USDC and USDT on the Arbitrum One network. Digital assets sent to your Wallet on any other network, or any other digital assets, may not be displayed in the App and may be permanently lost.
Account Functionality. To enable network fees to be paid in USDC or USDT, the App configures your Wallet to use smart contract account functionality in accordance with the EIP-7702 and ERC-4337 standards. This configuration is authorized by you on your device, is recorded on the blockchain, and does not change your Wallet address or give any third party control over your Wallet.
Transaction Processing. Transactions are signed on your device and submitted to the blockchain through third-party infrastructure providers. Kryn Labs does not control the blockchain network or such providers and does not guarantee that any transaction will be confirmed, or confirmed within any particular time. A transaction may fail after it has been submitted, in which case network fees may still be incurred.
6. Swaps
The App enables you to exchange USDC for USDT and USDT for USDC (each, a "Swap") through third-party swap aggregation services and decentralized liquidity sources (collectively, "Swap Providers"). Kryn Labs does not act as a counterparty to any Swap, does not execute Swaps, and does not determine exchange rates.
Each quote reflects market conditions at the time it is provided, is valid for a limited period, and may change. Each Swap is subject to a minimum amount to be received, as displayed in the App. If that minimum amount cannot be met at the time of execution, the Swap will not be completed, although network fees may still be incurred. Before you sign a Swap, the App performs certain automated checks on the proposed transaction; these checks are designed to reduce risk but do not eliminate the risks associated with Swap Providers or the smart contracts they use.
7. Fees
Kryn Labs does not charge a fee to create a Wallet or to receive or hold digital assets. Kryn Labs may charge a service fee on Swaps. Any service fee applicable to a transaction will be disclosed in the App before you confirm the transaction and will be included in the amounts displayed.
Network fees are charged by the blockchain network and by third-party infrastructure providers, not by Kryn Labs. Network fees are paid in the digital asset being sent or swapped, and the maximum network fee is displayed in the App before you confirm the transaction. Kryn Labs may modify its fees at any time; any modified fee will apply only to transactions confirmed after the change is displayed in the App.
8. Third-Party Services and Digital Assets
The Services rely on blockchain networks, protocols, smart contracts, and services provided by third parties (collectively, "Third-Party Services"). Kryn Labs does not control, endorse, or assume responsibility for any Third-Party Service, and your use of a Third-Party Service may be subject to that third party's terms and policies.
USDC and USDT are issued by third parties that are not affiliated with Kryn Labs. The value, redeemability, and availability of these digital assets depend on their respective issuers, which may freeze, block, or otherwise restrict digital assets held at particular addresses in accordance with their own policies. Kryn Labs has no ability to control or reverse any such action.
9. Notifications
If you enable notifications, the App may send you notifications regarding activity in your Wallet. Notifications are provided for convenience only, may be delayed or not delivered, and do not constitute confirmation that a transaction has been completed. You may disable notifications at any time through your device settings.
10. Prohibited Conduct
You agree that you will not, and will not attempt to:
- use the Services in violation of any applicable law or regulation, including laws relating to sanctions, anti-money laundering, counter-terrorist financing, fraud, and taxation;
- use the Services to transact with or on behalf of any sanctioned person or in any sanctioned jurisdiction;
- engage in fraud, deception, phishing, address poisoning, or any other conduct intended to harm any person;
- infringe or misappropriate the intellectual property, privacy, or other rights of any person;
- interfere with, disrupt, overburden, or gain unauthorized access to the Services, our systems, or the devices of other users;
- circumvent any security, integrity, or rate-limiting measure of the Services, or access our systems by any means other than the official App and Site;
- copy, modify, distribute, sell, lease, decompile, reverse engineer, or otherwise attempt to derive the source code of the App, except to the extent such restriction is prohibited by applicable law; or
- introduce any virus, malware, or other harmful code, or use any automated means to access the Services in a manner that may harm them.
We may suspend or terminate your access to our systems, without notice, if we reasonably believe that you have violated these Terms or applicable law, or if required to do so by law. Any such suspension or termination will not affect your ability to access your digital assets using your recovery phrase.
11. Intellectual Property
The Services, including all software, content, designs, text, graphics, and logos, are owned by Kryn Labs or its licensors and are protected by intellectual property laws. "Kryn," "Kryn Wallet," and the Kryn logo are trademarks of Kryn Labs and may not be used without our prior written consent.
Subject to your compliance with these Terms, Kryn Labs grants you a limited, personal, non-exclusive, non-transferable, non-sublicensable, and revocable license to install and use the App on devices that you own or control, solely for your personal, non-commercial use. All rights not expressly granted are reserved. The App may include open-source software components, which are subject to their respective license terms.
If you provide us with any feedback or suggestions regarding the Services, you grant Kryn Labs the right to use them without restriction or compensation to you.
12. Mobile Application Stores
These Terms are entered into solely between you and Kryn Labs, and not with Apple Inc. ("Apple") or Google LLC ("Google"). Kryn Labs, not Apple or Google, is solely responsible for the App and its content. Your use of the App must also comply with the terms of service of the application store from which you obtained it.
If you obtained the App from the Apple App Store, you further acknowledge and agree that:
- the license granted to you is limited to use of the App on Apple-branded products that you own or control, as permitted by the Usage Rules set forth in the Apple Media Services Terms and Conditions;
- Apple has no obligation to furnish any maintenance or support services with respect to the App;
- in the event of any failure of the App to conform to any applicable warranty, you may notify Apple, and Apple will refund the purchase price, if any, paid for the App; to the maximum extent permitted by applicable law, Apple will have no other warranty obligation with respect to the App;
- Apple is not responsible for addressing any claims by you or any third party relating to the App or your possession and use of the App, including product liability claims, claims that the App fails to conform to any applicable legal or regulatory requirement, and claims arising under consumer protection, privacy, or similar legislation;
- in the event of any third-party claim that the App or your possession and use of the App infringes that third party's intellectual property rights, Kryn Labs, and not Apple, will be solely responsible for the investigation, defense, settlement, and discharge of such claim;
- you represent and warrant that you are not located in a country that is subject to a U.S. Government embargo or that has been designated by the U.S. Government as a "terrorist supporting" country, and that you are not listed on any U.S. Government list of prohibited or restricted parties; and
- Apple and its subsidiaries are third-party beneficiaries of these Terms and, upon your acceptance of these Terms, will have the right to enforce these Terms against you as a third-party beneficiary.
13. Taxes
You are solely responsible for determining whether, and to what extent, any taxes apply to your transactions, and for reporting and remitting any such taxes to the appropriate authorities. Kryn Labs does not calculate, collect, report, or remit taxes on your behalf.
14. Assumption of Risk
You acknowledge and accept that the use of digital assets and blockchain technology involves substantial risks, including: the loss of digital assets resulting from a lost recovery phrase, a compromised device, malware, phishing, or user error; defects, vulnerabilities, or failures in software, smart contracts, or blockchain networks; network congestion, outages, forks, or protocol changes; the loss of a stablecoin's peg, or its freezing or suspension by its issuer; and changes in laws or regulations affecting digital assets or the Services. You assume all such risks in connection with your use of the Services.
15. Disclaimer of Warranties
THE SERVICES ARE PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS, WITHOUT WARRANTIES OF ANY KIND, WHETHER EXPRESS, IMPLIED, OR STATUTORY. TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, KRYN LABS DISCLAIMS ALL WARRANTIES, INCLUDING ANY IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, AND NON-INFRINGEMENT, AND ANY WARRANTIES ARISING FROM COURSE OF DEALING OR USAGE OF TRADE. KRYN LABS DOES NOT WARRANT THAT THE SERVICES WILL BE UNINTERRUPTED, SECURE, OR ERROR-FREE, THAT DEFECTS WILL BE CORRECTED, OR THAT ANY INFORMATION PROVIDED THROUGH THE SERVICES IS ACCURATE, COMPLETE, OR CURRENT.
16. Limitation of Liability
TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT WILL KRYN LABS OR ITS MEMBERS, MANAGERS, EMPLOYEES, CONTRACTORS, OR AGENTS BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, EXEMPLARY, OR PUNITIVE DAMAGES, OR FOR ANY LOSS OF PROFITS, REVENUE, DATA, GOODWILL, OR DIGITAL ASSETS, ARISING OUT OF OR RELATING TO THESE TERMS OR THE SERVICES, WHETHER BASED IN CONTRACT, TORT, STRICT LIABILITY, OR ANY OTHER LEGAL THEORY, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.
TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, THE AGGREGATE LIABILITY OF KRYN LABS FOR ALL CLAIMS ARISING OUT OF OR RELATING TO THESE TERMS OR THE SERVICES WILL NOT EXCEED THE GREATER OF (A) THE FEES PAID BY YOU TO KRYN LABS DURING THE TWELVE (12) MONTHS PRECEDING THE EVENT GIVING RISE TO THE CLAIM, AND (B) ONE HUNDRED U.S. DOLLARS (US$100).
Nothing in these Terms excludes or limits liability that cannot be excluded or limited under applicable law. Some jurisdictions do not allow certain exclusions or limitations, so some of the foregoing may not apply to you.
17. Indemnification
To the maximum extent permitted by applicable law, you agree to defend, indemnify, and hold harmless Kryn Labs and its members, managers, employees, contractors, and agents from and against any and all claims, damages, losses, liabilities, costs, and expenses, including reasonable attorneys' fees, arising out of or relating to your use or misuse of the Services, your violation of these Terms, or your violation of any law or the rights of any third party.
18. Modification, Suspension, and Termination of the Services
Kryn Labs may modify, suspend, or discontinue all or any part of the Services at any time, with or without notice, including by adding or removing features, supported digital assets, or Third-Party Services. Kryn Labs will not be liable to you for any such modification, suspension, or discontinuation. Because the Services are non-custodial, your digital assets remain on the blockchain and remain accessible to you through your recovery phrase in compatible wallet software.
Sections 3, 4, 5, 8, and 11 through 22 will survive any termination of these Terms.
19. Dispute Resolution and Binding Arbitration
Informal Resolution. Before commencing any arbitration or court proceeding, you and Kryn Labs agree to attempt to resolve any dispute informally. You must send a written notice describing the dispute and the relief sought to support@krynwallet.xyz. If the dispute is not resolved within sixty (60) days after receipt of the notice, either party may commence proceedings in accordance with this Section.
Agreement to Arbitrate. EXCEPT AS PROVIDED BELOW, YOU AND KRYN LABS AGREE THAT ANY DISPUTE, CLAIM, OR CONTROVERSY ARISING OUT OF OR RELATING TO THESE TERMS OR THE SERVICES WILL BE RESOLVED EXCLUSIVELY BY FINAL AND BINDING ARBITRATION ON AN INDIVIDUAL BASIS, AND THAT YOU AND KRYN LABS ARE EACH WAIVING THE RIGHT TO A TRIAL BY JURY. The arbitration will be administered by the American Arbitration Association ("AAA") in accordance with its Consumer Arbitration Rules then in effect, before a single arbitrator. Unless the parties agree otherwise, any hearing will be conducted by videoconference or, if in person, in the county in which you reside or in Sheridan County, Wyoming. The payment of filing, administrative, and arbitrator fees will be governed by the AAA rules. The arbitrator may award any individual relief that would be available in court, and judgment on the award may be entered in any court of competent jurisdiction. This Section is governed by the Federal Arbitration Act.
Exceptions. Either party may bring an individual action in small claims court for disputes within the scope of that court's jurisdiction. Either party may also seek injunctive or other equitable relief in a court of competent jurisdiction to prevent the actual or threatened infringement or misappropriation of intellectual property rights.
Class Action Waiver. YOU AND KRYN 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, OR REPRESENTATIVE PROCEEDING. The arbitrator may not consolidate the claims of more than one person. If this class action waiver is found to be unenforceable with respect to any claim, that claim will be severed and decided by a court, and not in arbitration.
Right to Opt Out. You may opt out of this agreement to arbitrate by sending an email to support@krynwallet.xyz with the subject line "Arbitration Opt-Out" within thirty (30) days after you first accept these Terms. Your notice must state your name and your intent to opt out. Opting out will not affect any other provision of these Terms.
Consumers Outside the United States. If you reside in a jurisdiction whose mandatory consumer protection laws do not permit you to be bound by the agreement to arbitrate or the class action waiver set forth in this Section, including the European Union, the United Kingdom, and Brazil, those provisions will not apply to you, and you may bring claims in the courts of your place of residence.
20. Governing Law and Venue
These Terms are governed by and construed in accordance with the laws of the State of Wyoming, United States, without regard to its conflict of laws principles. Subject to Section 19, any action arising out of or relating to these Terms or the Services will be brought exclusively in the state courts located in Sheridan County, Wyoming, or the United States District Court for the District of Wyoming, and you consent to the personal jurisdiction of those courts, except where the mandatory laws of your country of residence provide otherwise.
To the extent permitted by applicable law, any claim arising out of or relating to these Terms or the Services must be commenced within one (1) year after the claim arises; otherwise, the claim is permanently barred.
21. Changes to These Terms
Kryn Labs may amend these Terms from time to time. We will indicate the date of the most recent revision at the top of these Terms and, for material changes, will provide notice through the App or the Site before the changes take effect. Your continued use of the Services after the effective date of any amendment constitutes your acceptance of the amended Terms. If you do not agree to the amended Terms, you must stop using the Services.
22. General Provisions
Entire Agreement. These Terms, together with the Privacy Policy, constitute the entire agreement between you and Kryn Labs with respect to the Services and supersede all prior agreements and understandings.
Severability. If any provision of these Terms is held invalid or unenforceable, that provision will be enforced to the maximum extent permissible, and the remaining provisions will remain in full force and effect.
No Waiver. The failure of Kryn Labs to enforce any right or provision of these Terms will not constitute a waiver of that right or provision.
Assignment. You may not assign or transfer these Terms without the prior written consent of Kryn Labs. Kryn Labs may assign these Terms without restriction, including in connection with a merger, acquisition, or sale of assets.
Force Majeure. Kryn Labs will not be liable for any delay or failure to perform resulting from causes beyond its reasonable control, including natural disasters, acts of war or terrorism, labor disputes, governmental actions, failures of internet, power, or telecommunications services, failures of Third-Party Services, and failures, forks, or attacks affecting blockchain networks.
Electronic Communications. You consent to receive communications from Kryn Labs electronically, including through the App, the Site, or email, and agree that such communications satisfy any legal requirement that they be in writing.
Export Controls. You may not use, export, or re-export the App except as authorized by U.S. law and the laws of the jurisdiction in which you obtained it.
Language. These Terms are written in English. Any translation is provided for convenience only, and the English version will control in the event of any conflict.
23. Contact Information
If you have any questions regarding these Terms, please contact us at:
Kryn Labs LLC
30 N Gould St Ste N, Sheridan, WY 82801, United States