Risk Disclosures

This page is product-language draft material, not legal advice.

Contract risk

Amoeba contracts can lose money. Bounded risk means maximum loss is known before entry; it does not mean a trade is safe.

Oracle risk

The oracle depends on accepted sources, source weights, update claims, evidence, and dispute handling. A source can be stale, wrong, manipulated, unavailable, duplicated, or miscategorized.

Settlement risk

Settlement uses the published methodology for the contract version. Users should read the product version and settlement rules before trading.

Liquidity risk

Early markets may have thin liquidity, wide spreads, or limited counterparties. Entering a position may be easier than exiting it.

Flat can also trade below par. A Flat transfer does not withdraw assets from the sleeve, and close-to-redeem may require buying an expensive proportional basket of every external series.

Writer and auction risk

Exact solvency does not guarantee a profitable writer trade. A frozen policy can reject a fill for reserve-price, drawdown, tail, series-count, or oracle-security reasons even when enough USDC is present.

Flat holders can lose some or all committed principal in adverse settlement states. Locked primary premium improves sleeve assets but does not guarantee a positive writer return.

Governance and dispute risk

Most disputes should be evidence-based. Rare unresolved cases may require emergency governance. Governance concentration and voter behavior can affect outcomes.

Smart contract and venue risk

On-chain execution, DLMM venues, custody flows, and settlement claims can fail or behave unexpectedly. Users should not assume a successful quote guarantees a final settled claim.

Clients depend on exact deployment, account-layout, SDK, backend, and finalized-chain correspondence. A mismatch should stop signing rather than fall back to an older decoder or route.

Devnet and availability risk

The current release is pre-production Solana Devnet software. Program identity may verify while no active collective pool or writer sleeve exists. Test tokens have no promised real-world value, and Devnet state can be reset or changed.

Flat legal risk

Flat is a transferable residual economic claim with no governance rights. Its legal or regulatory classification can differ by jurisdiction. Protocol documentation is not a legal opinion.

Physical roadmap risk

Warehouse-backed inventory claims and future-output markets are roadmap items unless explicitly launched. Synthetic contracts should not be described as physical delivery products unless a product page says so.

No personal advice

Documentation explains how the system works. It does not tell users what to buy, sell, hedge, or hold.