MVP Notice: This is the MVP version developed during Sonic S-tier Hackathon Aug-Sept 2025. The code has not undergone security audits and is not intended for production use. If you want to learn more, please refer to this page.
Preparing your trading interface...
This Terms of Service Agreement ("Agreement") explains and defines the terms and conditions by which you may access and use the the Pennysia interface (the "Interface"). This Agreement must be read carefully. By accessing or using the Interface, you signify that you have read, understand, and agree to be bound by this Agreement in its entirety. If you do not agree, you are not authorized to access or use the Interface and should not use the Interface.
Notice: This Agreement governs your use of the Interface and contains important information, including a binding arbitration provision and a class action waiver, both of which impact your rights as to how disputes are resolved. You should only access the Interface if you agree completely with these terms.
Your permission to use the Protocol and other related Interfaces is subject to the following conditions:
Pennysia reserves the right to modify or change these Terms at any time, at its sole discretion. Any changes will be announced on the Pennysia website, where the "Last Updated" date at the top of this Agreement will be revised to reflect the latest version. All modifications or changes to these Terms will become effective upon publication on the website or other release to users.
Your continued use of Pennysia services following the announcement of any modifications constitutes your acceptance of the modified Agreement. If you do not agree with any changes to these Terms, you must stop using Pennysia services immediately. We recommend reviewing these Terms frequently to stay informed of the conditions governing your access to and use of Pennysia services.
We reserve the following rights, which do not constitute obligations on our part:
To access or use any Pennysia products, services, or the Interface, you must meet the following criteria:
You must be able to form a legally binding contract with Pennysia. Accordingly, you represent that:
You represent that you are not:
Your access to and use of Pennysia products, services, or the Interface will comply with all applicable laws and regulations, including those related to anti-money laundering, anti-corruption, and counter-terrorist financing. You agree not to access or use Pennysia products or the Interface to conduct, promote, or facilitate any illegal activity.
Pennysia reserves the right to modify, restrict, or limit the availability of its products, services, or certain functionalities in specific jurisdictions or for certain users, at any time, without prior notice. You are solely responsible for understanding and complying with any restrictions or requirements imposed by applicable laws in your location.
By accessing or using Pennysia products, services, or the Interface, you affirm and warrant that you meet the above eligibility criteria and agree to these terms. Failure to comply may result in the suspension or termination of your access to Pennysia services.
The Pennysia Interface and its contents, including but not limited to software, text, images, trademarks, service marks, copyrights, patents, designs, and its overall "look and feel," are owned by us and protected by applicable intellectual property laws, including those of the United States and foreign countries.
We grant you a limited, revocable, non-exclusive, non-sublicensable, and non-transferable license to access and use Pennysia products solely in accordance with this Agreement. Except as expressly permitted by this Agreement, you are prohibited from using, modifying, distributing, tampering with, reverse engineering, disassembling, or decompiling any of our Products for any purpose.
While we own and control the intellectual property of our Products, we do not own or control the underlying software protocols that govern blockchain or cryptocurrency operations in conjunction with our Products. These protocols are typically open source, meaning they can be used, copied, modified, and distributed by anyone. As such, we assume no responsibility for the operation, functionality, or security of the underlying protocols or network operations.
You further acknowledge that the Protocol is not a Product owned or controlled by us, and as such, we cannot guarantee its functionality, security, or ongoing operation.
We reserve the following rights, which do not constitute obligations of ours:
When accessing or using the Pennysia Interface, you agree not to engage in or attempt to engage in any of the following prohibited activities:
You agree and understand that all trades you submit through the Pennysia Interface are considered unsolicited. Pennysia has not provided any investment advice or made any recommendations in connection with your trades. The Interface is for informational purposes only and should not be construed as providing investment, financial, or trading advice.
Pennysia is not your broker, intermediary, agent, or fiduciary and assumes no advisory role in your use of the Interface. Communications or information shared through the Interface should not be interpreted as financial, legal, tax, or investment advice. Trades executed through the Interface are processed automatically based on your instructions, and Pennysia plays no role in determining the suitability or appropriateness of any transaction for your individual circumstances.
You are solely responsible for conducting your own due diligence and consulting with professional advisors, such as financial, legal, or tax experts, when making investment decisions.
PENNYSIA DISCLAIMS ANY RESPONSIBILITY FOR LOSSES, LIABILITIES, OR OUTCOMES ARISING FROM YOUR DECISIONS TO BUY, SELL, HOLD, OR OTHERWISE ENGAGE WITH DIGITAL ASSETS BASED ON THE INFORMATION PROVIDED THROUGH THE INTERFACE.
BY USING THE PENNYSIA INTERFACE, YOU ACKNOWLEDGE AND AGREE THAT:
The Interface is provided on an "AS IS" and "AS AVAILABLE" basis. Pennysia disclaims all warranties, whether express or implied, including warranties of merchantability, fitness for a particular purpose, and non-infringement. We do not guarantee accuracy, completeness, or reliability of any information provided through the Interface.
PENNYSIA DOES NOT ENDORSE, GUARANTEE, OR ASSUME RESPONSIBILITY FOR ANY ADVERTISEMENTS, OFFERS, OR STATEMENTS MADE BY THIRD PARTIES CONCERNING THE INTERFACE. THE SERVICES ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS. PENNYSIA, ALONG WITH ITS PARENT COMPANIES, SUBSIDIARIES, AFFILIATES, RELATED ENTITIES, OFFICERS, DIRECTORS, EMPLOYEES, AGENTS, REPRESENTATIVES, PARTNERS, AND LICENSORS (COLLECTIVELY REFERRED TO AS THE “INDEMNIFIED PARTIES”), DISCLAIMS ALL GUARANTEES, WHETHER EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT, TO THE MAXIMUM EXTENT PERMITTED UNDER APPLICABLE LAW.
WE EXPRESSLY DISCLAIM ANY RESPONSIBILITY FOR: (1) THE ACCURACY, COMPLETENESS, OR RELIABILITY OF THE SERVICES OR ANY INFORMATION (INCLUDING THE VALUE OR OUTCOME OF ANY TRANSACTION) ACCESSED THROUGH THE INTERFACE; (2) INJURY OR DAMAGE RESULTING FROM YOUR USE OF THE SERVICES, INCLUDING ANY PHYSICAL OR SENSORY EFFECTS CAUSED BY AUDIOVISUAL ELEMENTS; (3) HARM CAUSED BY MALICIOUS SOFTWARE, SUCH AS VIRUSES, WORMS, TROJAN HORSES, OR ANY OTHER HARMFUL CODE THAT COULD INTERFERE WITH THE SERVICES.
YOU EXPRESSLY ACKNOWLEDGE THAT PENNYSIA IS NOT RESPONSIBLE FOR ANY LOSS OR DAMAGE CAUSED BY UNAUTHORIZED ACCESS, THE CONDUCT OF OTHER USERS, OR ANY THIRD PARTY’S ACTIONS, INCLUDING ANY BREACH OF SECURITY AFFECTING THE INTERFACE. ANY RELIANCE ON THE SERVICES OR INFORMATION PROVIDED IS AT YOUR OWN RISK.
You are solely responsible for the custody and management of the cryptographic private keys to the digital asset wallets you hold. We owe no fiduciary duties to you beyond those expressly stated in this Agreement. You are responsible for the role of your digital assets at any time. This means you should never share your wallet credentials, including your private keys or seed phrases, with anyone. We accept no responsibility or liability for any loss or damage resulting from your failure to securely manage your wallet or if your wallet is compromised.
This Agreement does not, nor does it intend to, create or impose any fiduciary duties on us. To the fullest extent permitted by law, you acknowledge and agree that we owe no fiduciary duties or liabilities to you or any other party. To the extent any such duties or liabilities may exist at law or in equity, those duties and liabilities are hereby irrevocably disclaimed, waived, and eliminated by you. You further agree that the only duties and obligations we owe you are those expressly stated in this Agreement.
We make no representations or warranties about the compatibility, functionality, or performance of any digital wallets in connection with our services. You are solely responsible for ensuring the proper operation and security of your wallet. Any acts, omissions, or issues arising from your wallet, including its compromise, are solely your responsibility, and we bear no liability in connection with such matters.
The Interface is designed for use within the jurisdiction of Labuan, Malaysia, and may not be appropriate or available for use in other jurisdictions. You are solely responsible for ensuring compliance with all applicable laws and regulations in your locale, including tax obligations.
One or more of our Products may not be available or appropriate for use in your jurisdiction. By accessing or using any of our Products, you agree that you are solely responsible for compliance with all laws, regulations, and requirements that may apply to you.
ALL USERS OF PENNYSIA SERVICES ACKNOWLEDGE AND DECLARE THAT THEIR FUNDS COME FROM LEGITIMATE SOURCES AND DO NOT ORIGINATE FROM ILLEGAL ACTIVITIES; USERS AGREE THAT PENNYSIA WILL REQUIRE THEM TO PROVIDE OR OTHERWISE COLLECT THE NECESSARY INFORMATION AND MATERIALS AS PER RELEVANT LAWS OR GOVERNMENT ORDERS TO VERIFY THE LEGALITY OF THE SOURCES AND USE OF THEIR FUNDS.
It is also your responsibility to determine the potential tax implications of any transactions you initiate or receive through the Products. This may include various tax obligations such as income or capital gains tax, value-added tax (VAT), goods and services tax (GST), or sales tax, depending on the applicable jurisdiction.
You agree that it is your responsibility to report and remit any applicable taxes to the relevant tax authorities in your jurisdiction. You further acknowledge that you must comply with all local tax laws, including any obligations to withhold, collect, report, and remit taxes as required by your jurisdiction.
By accessing or using the Interface, you represent that you understand the risks associated with using cryptographic and Blockchain-based systems, and that you have a knowledge and understanding of the usage and intricacies of digital assets such as Ether (ETH), so–called stable coin, and other digital tokens such as those following the Ethereum Token Standard (ERC-20). You understand that Blockchain-based transactions are irreversible after confirmed.
You agree and fully understand that the market for these digital assets are highly volatile due to factors including (but not limited to) adoption, speculation, technology, security, and regulation. You acknowledge and accept that the cost and speed of transacting with cryptographic and Blockchain-based systems such as Ethereum are variable and may increase dramatically at any time. You further acknowledge and accept the risk that your digital assets may lose some or all of their value while they are supplied to the Protocol through the Interface which means that you may suffer loss from the fluctuation of prices of tokens in a trading pair or liquidity pool, including but is not limited to slippage and other costs. You acknowledge and understand that anyone can create a token and there is a possibility of a fake version of existing tokens and could be falsely claimed to represent the projects and you are fully responsible and accept the risk that you may mistakenly trade those or other tokens. You further acknowledge and understand that we are not responsible for any of these variables or risks. We cannot be held liable for any resulting losses that you experience while using or accessing the Interface. You agree and understand to take full responsibility for all of the risks of accessing and using the Interface to Interact with the Protocol.
The Interface may contain links or references to third-party resources, including information, materials, products, or services, that we do not control or own. We are not responsible for the content, terms, or conditions of these third-party resources or promotions. If you access or participate in any of these third-party resources or promotions, you do so at your own risk. This Agreement does not apply to any dealings or relationships you have with third parties.
You acknowledge that you are solely responsible for your use of any third-party resources and assume all risks associated with such use. We do not endorse, guarantee, or assume responsibility for any advertisements, offers, or statements made by third parties in relation to the Service. Any information provided by third parties, including but not limited to historical data or cryptocurrency price data, is for informational purposes only. We make no representations or warranties regarding the accuracy of such information. Furthermore, we may use third-party tools to monitor and analyze the use of our Service or to automate certain processes related to the development and operation of the Service.
YOU UNDERSTAND AND AGREE THAT WE WILL NOT BE LIABLE FOR ANY LOSSES OR DAMAGES ARISING FROM OR RELATED TO: (A) ANY INACCURACY, DEFECT, OR OMISSION IN CRYPTOCURRENCY PRICE DATA, (B) ANY ERROR OR DELAY IN THE TRANSMISSION OF SUCH DATA, OR (C) ANY INTERRUPTION IN THE AVAILABILITY OF SUCH DATA.
You agree to hold harmless, release, defend, and indemnify us and our officers, directors, employees, contractors, agents, affiliates, and subsidiaries from and against all claims, damages, obligations, losses, liabilities, costs, and expenses arising from:
Under no circumstances shall we or any of our officers, directors, employees, contractors, agents, affiliates, or subsidiaries be liable to you for any indirect, punitive, incidental, special, consequential, or exemplary damages, including (but not limited to) damages for loss of profits, goodwill, use, data, or other intangible property, arising out of or relating to any access or use of the Interface, nor will we be responsible for any damage, loss, or injury resulting from hacking, tampering, or other unauthorized access or use of the Interface or the information contained within it.
We cannot be held liable and are not responsible for any:
We will never be liable to you for any claims, proceedings, liabilities, obligations, damages, losses, or costs that exceed the amount you paid to us for access to and use of the Interface, or $100 USD, whichever is greater. This means that, regardless of the legal basis for the claim such as the alleged liability is based on contract, tort, negligence, strict liability, or any other basis, our liability is limited as specified in the agreement, and that this limitation applies even if we were aware that such liability might arise. Note that some jurisdictions do not allow the exclusion of certain warranties or the limitation or exclusion of certain liabilities and damages, so some of the above exclusions may not apply to you. Some of the disclaimers and limitations in this Agreement do not apply to you if they conflict with applicable law. This limitation of liability will apply to the fullest extent permitted by law.
If a potential dispute arises between you and us, you agree to contact us first by sending your inquiries to legal@pennysia.com so that we can attempt to resolve it informally through good faith negotiations. We will use our best efforts to resolve any disputes. However, If we are unable to reach an informal resolution within sixty days of receiving your email, then you and we agree to resolve the potential dispute through the process set forth below.
Any claim or controversy arising out of or relating to any of our Products, this Agreement, or any other acts or omissions for which you may contend that we are liable, including, but not limited to, any claim or controversy as to arbitrability (“Dispute”), shall be finally and exclusively settled by arbitration under the JAMS Optional Expedited Arbitration Procedures. You understand that you are required to resolve all Disputes by binding arbitration. The arbitration shall be held on a confidential basis before a single arbitrator, who shall be selected pursuant to JAMS rules, including where applicable the JAMS’ Mass Arbitration Procedures and Guidelines. The arbitration shall be held in Labuan, Malaysia, unless you and we both agree to hold it elsewhere. Unless we agree otherwise, the arbitrator may not consolidate your claims with those of any other party. Any judgment on the award rendered by the arbitrator may be entered in any court of competent jurisdiction.
You must bring any and all Disputes against us in your individual capacity and not as a plaintiff in or member of any purported class action, collective action, private attorney general action, or other representative proceeding. This provision applies to class arbitration. You and we both agree to waive the right to demand a trial by jury
This Agreement shall be governed by and construed in accordance with the laws of Mauritius, without regard to its conflict of law principles.
Any dispute or claim shall be submitted to the exclusive jurisdiction of the courts of Labuan, Malaysia. You consent to personal jurisdiction and venue in Labuan, acknowledging that the Interface is administered from Labuan, Malaysia.
The arbitration conducted pursuant to this Agreement will be governed by the Federal Arbitration Act. If the binding arbitration clause is found unenforceable, the courts of Labuan, Malaysia will be the proper forum for any appeals or proceedings.
We are not registered with the U.S. Securities and Exchange Commission as a national securities exchange or in any other capacity. You understand and acknowledge that we do not broker trading orders on your behalf. We also do not facilitate the execution or settlement of your trades, which occur entirely on public distributed blockchains like Ethereum. As a result, we do not (and cannot) guarantee market best pricing or best execution through our Products or when using our Auto Routing feature, which routes trades across liquidity pools on the Protocol only. Any references in a Product to "best price" does not constitute a representation or warranty about pricing available through such Product, on the Protocol, or elsewhere.
We may provide any notice to you under this Agreement using commercially reasonable means, including using public communication channels. Notices we provide by using public communication channels will be effective upon posting.
If any provision of this Agreement shall be determined to be invalid or unenforceable under any rule, law, or regulation of any local, state, or federal government agency, such provision will be changed and interpreted to accomplish the objectives of the provision to the greatest extent possible under any applicable law and the validity or enforceability of any other provision of this Agreement shall not be affected.
You may not assign or transfer this Agreement, by operation of law or otherwise, without our prior written consent. Any attempt by you to assign or transfer this Agreement without our prior written consent shall be null and void. We may freely assign or transfer this Agreement. Subject to the foregoing, this Agreement will bind and inure to the benefit of the parties, their successors and permitted assigns.
This Agreement constitutes the entire agreement between you and Pennysia with respect to the subject matter hereof and supersedes all prior or contemporaneous written and oral agreements, and all other communications, understandings and agreements (if any) relating to the subject matter of the terms.
You may contact us with questions about your use of the Services at hello@pennysia.com
By continuing to use Pennysia services, you acknowledge that you have read, understood, and agree to be bound by these Terms of Service.