Risks

Market risk

• Leverage. Small price moves produce large gains or losses relative to your collateral.
• Gaps. Stocks can jump on earnings, news or at the market open. A gap can take a position past its liquidation price at once.
• Holding costs. Funding and borrowing reduce your margin over time.

Product risk

• Synthetic exposure. You don't own the underlying shares and have no shareholder rights.
• Price data. Positions depend on accurate prices. Faulty or delayed data could affect valuations and liquidations.
• Smart contracts. Onchain software can contain bugs despite audits.
• Stablecoin. Collateral and settlement are in USDG, which depends on its issuer maintaining its value.

Your responsibilities

Leveraged derivatives are restricted in some countries. You are responsible for making sure you're allowed to use Evergreen where you live.