# Risks #### General Risk Disclaimer Trading perpetual contracts and interacting with decentralized finance protocols involve significant risk. Users should carefully assess their financial situation, risk tolerance, and understanding of the platform before participating. MemeMax does not guarantee profits, and users may lose part or all of their funds. Nothing on this platform should be considered financial, investment, or trading advice. *** #### Smart Contract Risk MemeMax is an onchain spot/perpetual decentralized exchange and relies on the correctness, security, and proper functioning of its smart contracts, including those associated with the Arbitrum or MemeCore bridges. Although these contracts are designed and reviewed with security considerations in mind, smart contracts may contain vulnerabilities, bugs, or unintended behaviors. Any such issues could result in the partial or complete loss of user funds. Users should understand that interacting with smart contracts carries inherent risks that cannot be fully eliminated. *** #### Network Risk Trading activity on MemeMax depends on the performance and availability of underlying decentralized networks. Network congestion, disruptions, or outages may impair access to the platform, delay transaction execution, or prevent timely position management. Such network-related issues may adversely affect the trading experience and, in certain situations, lead to financial losses. *** #### Market Liquidity Risk Liquidity on MemeMax is currently provided through the Orderly network. Liquidity levels may be limited, particularly during the early stages of platform adoption or during periods of heightened market volatility. Low liquidity may result in increased price slippage, unfavorable execution prices, and higher trading risk. These conditions can negatively impact trading performance and may lead to substantial losses for users. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.mememax.com/others/risks.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.