Risk Disclosures
Decentralized finance involves significant risks. Please understand the mechanics and failures modes before interacting.
While the codebase has been tested, there is always a risk of undiscovered bugs or vulnerabilities. Exploits could lead to the irreversible loss of funds deposited in the market contracts. The protocol has no admin keys and no pause functionality, meaning no one can intervene to stop a hack once it begins.
TWAP Oracles: We use Uniswap V3 Time-Weighted Average Prices. While robust, they can be manipulated if an attacker is willing to spend significant capital to move the pool price for the duration of the window.
Mock Oracles: Some markets on testnet are resolved by a centralized "Mock Oracle". These trust the deployer to report the correct result.
Traders: You can lose 100% of your investment if your prediction is incorrect.
Liquidity Providers: LPs are subject to "Impermanent Loss" and "Adverse Selection". If the market probability moves significantly from when you deposited, or if specific traders have better information than the market, your LP tokens may be worth less than the assets you deposited.