Trading and token risk
A tiny adverse move at 1000× can liquidate a position. Meme collateral and the primary pool token can lose value quickly. An executable quote can be much lower than a headline spot price. Bet backing can be consumed.
Liquidity and delayed payment
Winning claims depend on available funds and an oldest-first queue. Future revenue and payouts are not guaranteed. A displayed profit is not the same as received USDC.
Program, oracle and operator risk
Smart-contract defects, stale or incorrect oracle data, keeper failures, validator downtime, upgrade authority and infrastructure outages can affect trading and exits. This documentation is not an independent security audit.
Wallet and backup risk
Protect the local signing wallet, backup file and password. Anyone with usable signing material can move funds or place trades. Deposits to the wrong address or network can be unrecoverable.