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FIELDNOTES articles explain how technologies work, along with concepts and risks. They are not investment recommendations or legal or tax advice, and they do not take your goals or circumstances into account. We do not advise buying or selling assets, do not forecast prices and do not suggest trade parameters. Hypothetical examples in articles illustrate a mechanism and are not calculations of a possible outcome.
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Risks
Leveraged derivatives and crypto assets carry high risk, including the total loss of collateral. Smart contracts, oracles, networks and counterparties can fail. Risk categories are covered in the article “DeFi protocol risks: from smart contracts to counterparties”.
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