Non-custodial
In short: A design in which the described provider does not take custody of user assets.
A design in which the described provider does not take custody of user assets. Identify which provider and which transaction stages the description covers. A provider may describe one component as non-custodial while another component introduces permissions, contracts or temporary control. Follow the exact route and identify who can authorize movement. The term does not by itself answer cost, privacy, verification or execution questions for every stage.