Risk disclosure

Impermanent loss, honestly

An LP position sells the token that rises and accumulates the token that falls. If prices diverge strongly, holding the tokens would have been worth more than LPing them. Concentrated ranges amplify both fee income and this effect.

Your portfolio page shows exactly what you put in, what you took out, and what your position earned — those numbers are allowed to be negative, and when they are, that is the honest answer.

Smart-contract risk

Audits reduce risk; they do not eliminate it. The vaults build on external protocols (the underlying DEX, reward contracts) that carry their own risk, independent of ours.

Agent limits, not agent magic

The agent optimises range placement within rails. It cannot prevent losses from adverse price moves, and a backtest edge is an estimate — not a guarantee.

Long-tail tokens

Vaults on small or new tokens carry elevated risk: thin liquidity, concentrated holders, and the possibility of a token losing most of its value. Risk labels on signal and vault cards reflect this, but labels are not protection.