What Does Non-Custodial Mean?

The so-what: In a custodial system (like a bank or centralized exchange), they hold your funds and can block or lose them. In a non-custodial system like FiLot, you retain full ownership of your keys and assets. Nobody can move a single cent without your wallet's signature.

The Safe Analogy

Imagine a bank vault. A custodial system is like depositing your money with a banker who holds the keys and decides whether to let you in.

A non-custodial system is like having a secure safe inside your own home. You own the private keys and the safe combination. FiLot is a helper that formats papers for you, but only you can turn the key to open the safe.

Your Keys, Your Approval

Because FiLot is non-custodial:

• FiLot cannot hold or access your seed phrases or private keys.
• Every trade or deposit requires your explicit wallet signature via Phantom or Solflare.
• If FiLot's servers ever go offline, your funds remain safe in your own wallet on-chain.