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Risk Disclaimer

Please read this disclaimer carefully before using PerpX Finance.

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General Risk Warning

Cryptocurrency trading and decentralized finance (DeFi) involve substantial risk of loss. The value of digital assets can be highly volatile and may result in significant financial losses. You should not trade with funds you cannot afford to lose.

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Specific Risks

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Leveraged Trading

Perpetual contract trading with leverage amplifies both gains and losses. A small adverse price movement can result in the complete loss of your margin. Liquidation may occur automatically when your position falls below the maintenance margin threshold.

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Smart Contract Risk

PerpX Finance operates through smart contracts on Base Chain. While these contracts undergo security reviews, no software is completely free from vulnerabilities. Users interact with smart contracts at their own risk.

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Oracle and Price Feed Risk

The Protocol relies on external oracle networks (Pyth, Chainlink) for price data. Oracle failures, delays, or inaccuracies could impact trading, liquidation, and settlement processes.

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Liquidity Risk

Market conditions may affect the ability to open or close positions at desired prices. During periods of extreme volatility, liquidity may be reduced.

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Regulatory Risk

The regulatory landscape for cryptocurrency and DeFi is evolving. Changes in laws or regulations in your jurisdiction may impact your ability to use the Protocol.

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Not Financial Advice

PerpX Finance documentation, community channels, and AI trading assistant outputs do not constitute financial advice. Always conduct your own research (DYOR) and consult with qualified financial advisors before making investment decisions.

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Your Responsibility

By using PerpX Finance, you acknowledge that:

  • You understand the risks involved in cryptocurrency trading

  • You are solely responsible for your trading decisions

  • You will not hold PerpX Finance liable for any losses incurred

  • You are complying with all applicable laws in your jurisdiction

If you do not understand or accept these risks, please do not use the Protocol.

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