What can go wrong,
before it does.

Leverage magnifies losses as well as gains. At 5×, a 20% move against you takes everything. A trade is liquidated when a tenth of its collateral is left, and in a fast market the price can pass that point between two signed prices, leaving nothing.

The collateral token earns a few percent a year. A bad leveraged trade can lose far more than that in minutes. The yield is not a cushion and it is not guaranteed: it is whatever the token’s issuer pays, which can fall to zero.

Every price comes from an oracle run by clava. It checks public sources against each other, but a wrong, late or missing price would be acted on, or would stop you trading. When a market is closed you cannot open, close or be liquidated on it, and it can reopen far from where it closed.

A prediction is a position on the price of “yes”, read from a single source, Polymarket. It can jump suddenly, including to 0 or 100 when news breaks. It is not a share in the outcome. Trading stops three days before the question is decided.

USDY, jlUSDC and syrupUSDC are issued by third parties. They can lose value, be frozen, stop being redeemable or change their terms. USDY is not offered to US persons. Swapping into and out of them has its own cost and can be worse in thin markets.

Profits are paid from each vault’s pool. When the pool is busy, a new trade can be refused. If you deposit into the pool you are the counterparty: when traders win, you lose. You cannot withdraw what open trades have set aside.

The program is new and not audited. Smart contracts, wallets and blockchains can fail. Solana can slow down or halt. The team holds an upgrade key and an admin key, described in full on the security page.

Using clava may be illegal or taxed where you are. Checking that is your responsibility. Nothing on this site is advice.