Risk Disclosure
Last Updated: 2025-10-29
⚠️ Important Notice
TRADING CRYPTOCURRENCIES AND PERPETUAL FUTURES INVOLVES SUBSTANTIAL RISK OF LOSS. YOU COULD LOSE ALL INVESTED CAPITAL.
General Risks
Market Risk
Crypto markets are extremely volatile (20%+ moves common)
Market crashes occur without warning
Past performance does not predict future results
Leverage Risk
Perpetual futures allow leverage up to 50x
Magnifies both gains and losses
Small price moves = large PnL swings
Liquidation can occur rapidly
Example: With 10x leverage, a 10% adverse move = 100% loss (plus liquidation fee)
Liquidation Risk
Positions liquidated if margin insufficient
Automatic and cannot be appealed
Liquidation fee charged (~0.5%)
May lose entire position value
Platform-Specific Risks
Smart Contract Risk
Bugs may exist despite audits
Exploits could drain funds
Code is open-source but use at your own risk
Oracle Risk
Oracle updates vault balances every 60s
If oracle fails, trading blocked
Auto-pause may not trigger immediately
Hyperliquid Risk
Exchange could experience outages
Funds at risk if exchange fails
Regulatory risk
Smart contract vulnerabilities
Note: Hyperliquid is independent. Atract not responsible for Hyperliquid risks.
Trading Risks
For Investors
Traders may make poor decisions, take excessive risk, or abandon vaults.
Mitigation: Review history, set tight limits (15-20% drawdown), diversify, start small.
For Traders
Investors may set unrealistic limits or dispute profit share.
Mitigation: Negotiate fair terms, communicate regularly, document performance.
Execution Risk
Orders may not fill at desired price, experience slippage, or fail during volatility.
Funding Rate Risk
Perpetual positions pay/receive funding rates that accumulate over time.
Technology Risks
Wallet Risk
If you lose wallet access, funds remain but are inaccessible.
Mitigation: Backup seed phrase securely, use hardware wallet, never share private keys.
Agent Key Risk
If agent key compromised, unauthorized trades possible (but cannot withdraw).
Mitigation: Monitor activity, revoke if suspicious.
Network Risk
Blockchains can experience congestion, bugs, forks, or governance issues.
Regulatory Risk
Crypto regulations are evolving. Platform could be restricted, assets reclassified, or face enforcement actions.
Your responsibility: Understand local laws, consult professionals, comply with regulations.
Financial Advice Disclaimer
ATRACT DOES NOT PROVIDE FINANCIAL ADVICE.
We do not recommend specific trades, endorse traders, or guarantee returns.
You should: Consult financial advisor, understand products, only invest what you can afford to lose.
No Guarantees
Atract does not guarantee profitability, security, uptime, data accuracy, or any specific outcome.
Tax Obligations
You are responsible for reporting income, paying taxes, keeping records, and understanding tax implications.
Acknowledgment
By using Atract, you acknowledge you have read this disclosure, understand the risks, accept full responsibility, and will not hold Atract liable for losses.
Contact
[email protected] | https://docs.atract.app
Effective Date: 2025-10-29
Last updated