tknz operates as a covered user interface in accordance with the SEC Division of Trading and Markets staff statement (April 13 2026). This page documents the operational boundaries that make that designation defensible — at the code level, not just policy.
tknz never takes custody of user assets. All swaps execute via the user's connected wallet signing a transaction directly to the execution engine.
Orders are routed to third-party engines (Li.Fi, DFlow). tknz does not internalize, front-run, or co-mingle order flow with proprietary trading.
Routes are sorted only on price, speed, or gas. Badges (BEST PRICE, FASTEST, LOW GAS) are computed from quote data — never editorial.
A single 0.15% interface fee is disclosed on every quote. No variable fees, no hidden spread, no PFOF rebate paid to the user.
Every active quote attributes its execution engine in the UI. EVM swaps go through Li.Fi; Solana swaps go through DFlow. Never the other way.
Token approvals default to the exact amount required for the swap. tknz does not request unbounded allowances and does not override Li.Fi's approval defaults.
Solana orders are submitted to the DFlow auction. Market makers compete to fill at or above the reference price. Every quote is bundle-eligible via Jito for atomic, MEV-shielded landing. Price improvement is included in the displayed output, not rebated separately.
EVM ↔ Solana swaps execute as a single user-signed transaction against Mayan’s Swift escrow. Funds are time-locked in an on-chain script the user controls absent counterparty performance — never held by an intermediary. Settles atomically on the destination chain in ~30 seconds, no manual bridging step required.
Orders on EVM chains are decomposed across bridges and on-chain DEXs. Quotes are scored on net output after gas, not gross rate. The user receives the final net amount in the quote.