> For the complete documentation index, see [llms.txt](https://bound-1.gitbook.io/bound-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://bound-1.gitbook.io/bound-docs/legal/privacy-policy.md).

# Privacy Policy

## 1. Introduction

This Privacy Policy explains how Bound Exchange, a platform for the trading of digital assets on Bitcoin, and other cryptocurrencies handles data. Like other AMM protocols, we operate via software and aim to facilitate peer-to-pool trading without intermediaries. We also operate an RFQ lending protocol utilizing a similar architecture. We prioritize transparency while acknowledging the public nature of blockchain interactions.

## 2. Information We Collect

Our data collection is minimal and shaped by our structure:

* **Blockchain Data:** When you connect a wallet to our platform or interface, we collect your publicly available blockchain address and transaction details (e.g., token swaps, amounts). This data is logged on-chain and inherently visible to anyone via blockchain explorers.
* **Passkey Accounts:** When you create an account we collect a cryptographic Public Key, a credential ID (a unique identifier for that specific passkey), a AAGUID (identifies the authenticator model/type, not the specific device), and a user handle (your internal account/database ID).
* **Usage Data:** If you use our front-end interface (e.g., a website), we may collect anonymized off-chain data such as device type, browser version, or interaction logs (e.g., clicks on the interface).
* **Voluntary Data:** If you contact us (e.g., via support channels), any info you provide (e.g., email) is processed only for that purpose.

## 3. How We Use Your Information

* **Transaction Processing:** Blockchain data enables trade execution and liquidity provision, core to our AMM functionality.
* **Improvement:** Usage data helps us optimize the interface.
* **Security:** We may screen wallet addresses against illicit activity, to prevent harm or comply with legal standards.

## 4. Data Sharing and Disclosure

* **Public Blockchain:** All on-chain activity (e.g., trades, liquidity provision) is public and immutable, beyond our control.
* **Third Parties:** We may share wallet addresses with service providers for technical support or risk assessment.
* **Legal Obligations:** If compelled by law, we may disclose data, though our platform setup limits our ability to do so.

## 5. Data Security

We secure any off-chain data we control (e.g., interface logs) with industry-standard measures like encryption. However, we're not responsible for blockchain security or your wallet's safety - users must protect their private keys.

## 6. User Rights and Choices

* **Transparency:** Check your on-chain activity via blockchain explorers.
* **Opt-Out:** You can disable interface cookies, if applicable, though core AMM use relies on blockchain interaction.
* **No Accounts:** We don't maintain user accounts, so there's no personal data to delete - your wallet is your control point.

## 7. Changes to the Policy

We may update this policy, posting changes on our site or governance channels.

## 8. Contact Information

Reach us at <hi@bound.exchange> for questions.