Legal
Risk Disclosures
Draft — pending legal review. Not yet in effect.
Tokenized stocks and wrapping
xStocks are tracker certificates issued by a third party. They follow the price of an underlying share but are not shares, carry no shareholder rights, and depend on the issuer and its custodians. Wrapped xStocks add a wrapping contract on top, and can lose their link to the xStock if it fails.
Bridges
Assets reach Elysium from HyperEVM through a bridge. A bug, exploit or outage in the bridge can delay transfers or cause a loss of funds.
Liquidity
Pools on Volta are still thin. Large orders move the price, the price you trade at can differ from the reference price shown on EQTY, and you may not be able to sell at a fair price when you want to.
Prices outside market hours
Wrapped xStocks trade on-chain around the clock while the underlying exchanges close. Prices on weekends and overnight can move sharply when markets reopen. Reference and oracle prices can lag, be stale or be wrong.
Smart contracts
Tokens, pools and bridges are smart contracts. Software can contain bugs, and any of them can cause losses. EQTY's lending contracts will be audited, and the reports published, before lending launches. Audits reduce risk; they do not remove it.
Lending is not live
EQTY lending has not launched. All lending parameters on this site are planned and subject to change. Once live, borrowing against volatile collateral can end in liquidation and the loss of your collateral.
Network
Elysium is a new chain and can experience congestion, outages or changes. During those periods you may be unable to trade, bridge or manage a position in time.