Risks

Impermanent loss

Providing liquidity to volatile pairs exposes you to impermanent loss. When the price of the pool tokens diverges significantly, you may end up with less value than if you had simply held the tokens.

Smart contract risk

While our contracts are designed with security in mind, using any DeFi protocol carries smart contract risk. Only deposit what you can afford to lose.

Depeg risk

USDG is a stablecoin. In extreme market conditions, it could depeg from the US dollar, affecting the value of your deposits.