This page exists to be read before you trade, not after. Every item below is a real way to lose funds using this protocol as designed.
- Smart contract risk. The contracts have not been audited. A bug could result in total loss of funds in a pool.
- Bridge risk. USDC.e is issued on Kortana against USD Coin held on Ethereum. Its value depends on the bridge that issues it continuing to hold that collateral.
- Impermanent loss. Providing liquidity can return less value than you deposited if the relative price moves, even after fees.
- Price impact. Large trades move the price against themselves. The interface shows this before you confirm.
- MEV. Trades on public blockchains can be frontrun or sandwiched. Slippage tolerance and deadlines bound the damage; they do not prevent the attempt.
- No guarantee of liquidity. A pool can be drained of liquidity by its providers at any time, leaving you unable to exit at a reasonable price.
A token being marked verified means its contract address has been confirmed to match its stated origin. It is not a statement that the token is safe, that its team is trustworthy, or that its price will hold.