Risk Disclosure
Swapping crypto assets, especially across chains, carries real risk of loss. Read this before you use Shieldz Swap. It is part of our Terms of Service.
Transactions are irreversible
Once a transaction is confirmed on a blockchain it cannot be undone, by us or anyone else. Sending to the wrong address, on the wrong network, in the wrong asset or amount, or without a required memo can lose the funds permanently.
Prices move
A quote is an estimate at the moment it was given. The amount you receive can be lower because of market movement, slippage and price impact, which grows with the size of the swap and the thinness of the market. Quotes expire; acting on an old one can mean a refund instead of a swap.
Cross-chain swaps depend on third parties
Every swap is executed by an independent protocol: NEAR Intents, Chainflip, Relay or THORChain, or Jupiter for Solana memecoins. Each relies on its own smart contracts, validators, solvers, relayers or liquidity providers. Any of them can have bugs, be exploited, pause, delay, censor or fail. A swap can take much longer than estimated, and a refund can take time and arrive less the costs already incurred. We do not control these protocols and cannot recover funds lost in them.
Smart contracts, bridges and wrapped assets
Smart contracts can contain vulnerabilities. Bridged and wrapped assets (for example WBTC, cbBTC or bridged stablecoins) depend on their bridge or custodian staying solvent and honest. If they fail, the token can lose its value.
Stablecoins
Stablecoins can lose their peg, be frozen by their issuer at any address, or be redeemable only on the issuer's terms.
Memecoins
Tokens on the Memes tab are unverified. Many are created to defraud buyers: they can be impossible to sell, have hidden fees, or lose almost all their value in minutes. Assume you can lose everything you put into one.
Tokenised stocks, ETFs and gold
Tokenised stocks, ETFs and USDon are issued by Ondo Finance, and gold tokens by their issuers. They track an underlying asset but are claims on the issuer, not the asset itself, and depend on the issuer's solvency and terms. Liquidity can be thin outside the underlying market's trading hours. They are not available to U.S. persons or in other restricted jurisdictions. Some can be bought but not sold through this app.
Wallets and keys
Whoever has your keys or seed phrase controls your funds. Phishing sites, malicious browser extensions and fake support accounts are common. Only use swap.shieldz.cash, never share your seed phrase, and check what your wallet asks you to sign. Hardware wallets reduce but do not remove these risks.
Availability
The Service, a protocol or a chain can be slow, paused or unavailable at any time, including while your swap is in progress.
Regulation and tax
Laws on crypto assets differ by country and change often. A change in law can restrict or end access to the Service, an asset or a protocol. Swaps can be taxable events; you are responsible for your own taxes.
No protection
Crypto assets are not bank deposits. They are not covered by deposit insurance or investor compensation schemes, and there is no chargeback.
Nothing here is investment advice. If you are unsure, do not swap.