> For the complete documentation index, see [llms.txt](https://docs.trymatrix.xyz/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.trymatrix.xyz/informational/risk-disclosure.md).

# Risk Disclosure

Last updated: August 17, 2026

Sections 10 and 11 of the Terms of Service, copied in full. The Terms of Service are what govern your use of the app.

### 10. Assumption of Risk; Risk Disclosures

You acknowledge and agree that trading digital assets, perpetual futures and prediction markets is highly speculative and involves substantial risk of loss, including the risk of losing the entire value of your assets. Without limiting the foregoing, you acknowledge and accept the following risks:

* Market risk. Digital asset prices are extremely volatile. Leverage amplifies both gains and losses, and losses can accrue quickly, including total loss of collateral through liquidation.
* Technology risk. Blockchain networks, smart contracts, bridges, oracles, wallets and the Services themselves may contain bugs, vulnerabilities or design flaws, may be exploited or attacked, and may fail, fork, congest or reorganize, any of which may result in the partial or total loss of your assets.
* Third-party risk. Third-Party Venues may experience outages, insolvency, security breaches, oracle failures, rule changes, delistings or regulatory action, and may freeze, restrict or lose customer assets. We have no control over and no responsibility for any Third-Party Venue.
* Self-custody risk. Loss of your credentials, devices or private keys may result in the permanent, unrecoverable loss of your assets. Blockchain transactions are irreversible.
* Wallet infrastructure risk. Creation of, access to, signing with and recovery of your Matrix Wallet depend on the continued operation and availability of third-party embedded wallet infrastructure (currently provided by Privy). Suspension, failure, compromise or discontinuation of that infrastructure, or of its availability to us, could delay or prevent access to your wallet or assets.
* Regulatory risk. The legal and regulatory treatment of digital assets, derivatives and prediction markets is uncertain and evolving. New laws, regulations or enforcement actions may adversely affect the Services, the Venues, particular markets, or the value or liquidity of your assets, and may require us to restrict or discontinue the Services in your jurisdiction.
* No legal tender; no insurance. Digital assets are not legal tender, are not backed by any government, and are not subject to deposit insurance or investor protection schemes.
* Information risk. Market data, charts, estimates, funding rates and other information displayed in the Services may be delayed, inaccurate or incomplete and is provided for informational purposes only.

You represent that you are knowledgeable and experienced in digital asset markets, that you understand the risks of leveraged trading and prediction markets, that you have determined that trading through the Services is suitable for you in light of your financial condition, and that you can afford to lose the full amount of any assets you commit to the Services.

### 11. No Investment Advice; No Brokerage or Fiduciary Relationship

The Services are provided for informational and transactional convenience only. Nothing in the Services constitutes, and we do not provide, investment, financial, trading, legal, accounting or tax advice, or any recommendation, solicitation or offer to buy or sell any digital asset or to enter into any transaction or strategy. Any market data, news, research, statistics, leaderboards, shared positions or other content available through the Services is not a recommendation. We are not your broker, dealer, intermediary, agent, advisor or fiduciary, and no communication or information provided to you by us is intended as, or shall be considered or construed as, advice. You are solely responsible for all trading decisions and for evaluating the merits and risks of any transaction before entering into it, and you should consult your own professional advisors.