The phrase "No KYC" is misleading; please remove it as KYC may apply according to the Terms of Use.
Our infrastructure applies KYC only in exceptional cases, such as when an automated AML system flags a transaction as suspicious (e.g. funds linked to known illicit activity). In those rare cases the transaction may be paused and identity documents requested. If you decline, you will receive a full refund minus network fees.
Since the platform does not hold reserves, it retransmits your transaction via decentralized bridges.
In the case of XMR, it uses a token on Hyperliquid DEX.
Fair point.
You're right that the ToS clause exists, so let me be straight about how it actually works instead of hiding behind marketing.
ArkonSwap itself has nothing to KYC you with. No accounts, no email, no identity data, nothing. The clause you quoted comes from the liquidity layer underneath.
Their screening is automated and pattern-based on incoming funds, not identity-based. If a deposit matches known dirty-fund patterns it can get paused and docs requested at that level. I can't trigger it, can't see it, and never touch any documents. Decline = refund minus network fees.
So yeah, the precise wording is "no mandatory KYC, with one AML edge case" rather than a blanket "no KYC". Rather than argue semantics I just updated the site. The FAQ now has an explicit entry on exactly where that boundary sits, and I added a "How are XMR swaps routed?" section with the full path since you brought it up: native XMR gets bridged to XMR1 on Hyperliquid, the swap executes on the orderbook there, then it's bridged out native on the destination side.
Privacy policy and terms updated to match.
http://arkonswap.com/faqWorth stating plainly for this audience: your identity is never attached to anything, but amounts and timing do exist on Hyperliquid's books during execution, same as any instant exchanger routing through DEX liquidity.
I'd rather people know that before sending funds than find out in a forum thread.
