1. Eligibility and Authorized Use
To use the Service, you must be legally capable of forming a binding agreement in your jurisdiction. You must not be subject to any applicable sanctions, export controls, anti-money laundering restrictions, or other legal restrictions that would prohibit your use of the Service. By using the Service, you represent and warrant that you meet these requirements. Certain features of the Service may require invite-based access, account verification, or on-ledger party registration.2. Non-Custodial Nature of the Service
Walley does not operate custodial accounts and does not hold, manage, or control your digital assets on your behalf. You retain sole custody and control of your wallet at all times. Walley cannot unilaterally access your funds, reverse transactions, or recover your wallet access. You are solely responsible for the security and use of your wallet.3. Passkeys, Recovery Phrases, and Session Keys
You are solely responsible for securing your device, passkeys, recovery phrase, and active sessions.- Passkeys: Your passkey is a device-bound credential. Protect the device on which it is registered and do not allow unauthorized individuals to access that device.
- Recovery Phrase: Your 24-word recovery phrase is the sole means of restoring wallet access if your passkey is unavailable. Never share your recovery phrase with anyone. Walley will never ask for it.
- Loss of Access: If you lose access to both your passkey and your recovery phrase, your wallet access is permanently and irrecoverably lost. Walley has no mechanism to restore access in this scenario.
- Session Keys: You are responsible for all actions taken using credentials in your active session. Do not leave active sessions unattended on shared or public devices.
4. Transaction Authorization and Finality
All transactions you approve through the Service are your responsibility. Once submitted to the ledger, transactions may be irreversible. Before submitting any transaction, you must:- Verify the counterparty address or identifier.
- Confirm the asset type and amount.
- Understand any smart contract interaction or delegation you are approving.
5. dApp Connections
The Service allows you to connect external decentralized applications (“dApps”) to your wallet. When you connect a dApp, you are extending trust to third-party software that Walley does not operate, audit, or control. Walley is not responsible for the security, content, terms, or behavior of any connected dApp. You use dApp connections at your own risk and are responsible for reviewing the terms and security posture of any third-party application you connect.6. Automation Features
The Service includes automation features such as transfer pre-approval and merge delegation. Enabling these features may permit future transactions to execute without per-transaction confirmation from you. You are responsible for:- Understanding the scope and effect of any automation settings you enable.
- Reviewing and monitoring your automation and delegation settings on an ongoing basis.
- Revoking settings that no longer reflect your intentions.
7. API and SDK Access
If you access the Service through an API or SDK, you are responsible for:- Securing your development environment, API tokens, and session handling.
- Ensuring your integration complies with applicable laws and these Terms.
- Not abusing, circumventing, or interfering with platform protections, rate limits, or security controls.
8. Fees, Taxes, and Network Costs
You are responsible for all fees, network costs, gas, and similar charges associated with your use of the Service and the underlying ledger. You are also solely responsible for determining and satisfying any tax obligations arising from your use of the Service or from transactions you conduct.9. Prohibited Conduct
You must not use the Service to:- Violate any applicable law or regulation.
- Engage in fraud, market manipulation, or market abuse.
- Conduct unauthorized access to, or interference with, any system, network, or data.
- Facilitate sanctions evasion or other prohibited financial activity.
- Interfere with the integrity, availability, or security of the Service.
- Engage in any activity that harms other users or third parties.