Risk Disclosure

1. Your capital is at risk

Crypto assets can lose substantial value, including their entire value. Prices, liquidity and market conditions can change quickly. ATLY does not guarantee returns, preserve the value of an allocation or guarantee that a strategy will meet its objective.

A strategy preset is a configuration tool, not a determination that the strategy is suitable for you. Any example amounts shown in the interface illustrate settings; they are not a forecast of performance. Consider your experience, financial circumstances and ability to bear losses before allocating funds.

2. Automation and AI can make mistakes

An automated strategy follows its configured conditions even when those conditions produce an unfavorable result. Incorrect inputs, unsuitable rules, software defects or unexpected market behavior can lead to unwanted actions or losses. Repeated actions can accumulate costs or exposure.

AI can misinterpret an instruction or produce a configuration that differs from your intention. Review the strategy, assets, conditions and limits before activation. An AI-generated configuration is not a prediction of market movements. Market data can also be delayed, incomplete or incorrect.

3. Different strategies have different risks

DCA spreads purchases over time but can continue buying an asset whose value is falling. Trend strategies can react late or repeatedly trade during short-lived price movements. Portfolio rebalancing can sell appreciating assets, buy declining assets and generate trading costs or taxable events.

An apparent arbitrage spread is not a guaranteed profit. Prices may change before execution, liquidity may be insufficient, and fees may exceed the spread. Where a strategy requires separate transactions, some may execute while others fail. Custom rules can contain conflicting conditions or unintended behavior.

4. Execution prices and costs can change

The executed price may differ from a displayed quote because of slippage, price impact, competing transactions or changing liquidity. A transaction may fail, be delayed or execute after the conditions that prompted it have changed. Protective settings cannot guarantee a particular execution price.

Network, exchange and protocol charges can reduce results. Network fees may apply even when a transaction fails. ATLY is free to use during beta; this does not make blockchain transactions or third-party services free.

5. Blockchain transactions may be irreversible

Blockchain networks can become congested, unavailable or subject to reorganizations. Confirmation times and the point at which a transaction is considered final vary by network. A submitted transaction cannot always be cancelled, and confirmed transactions generally cannot be reversed by ATLY.

An incorrect network, asset or destination can result in permanent loss. Cross-network operations, where used, introduce additional dependencies on the systems that move or represent assets between networks.

6. Smart contracts and protocols carry technical risks

On-chain strategies interact with software outside ATLY. Smart contracts, data oracles and other protocol components can contain defects, be exploited, or change through upgrades or governance decisions. Third-party services may suspend operations or restrict access.

Depending on the selected workflow, DeFi positions can be exposed to liquidity shortages, liquidation, loss from changes in pooled asset prices or failures of underlying collateral. A security review of any component does not guarantee that it is free of vulnerabilities.

7. Staking may restrict access to funds

Staking conditions depend on the network and provider. Funds may be subject to lockups, withdrawal queues or unbonding periods. Rewards can change and are not guaranteed. Validator penalties, including slashing where applicable, can reduce staked funds.

Liquid staking tokens can trade below the value of the assets they represent, and their redemption depends on the relevant protocol. Stopping an Agent does not remove a protocol's withdrawal conditions.

8. Stablecoins are not risk-free

Assets such as USDT seek to track a reference value but may lose that relationship. Their value and availability can depend on an issuer, reserves, redemption arrangements, market liquidity and applicable restrictions. Some token contracts permit an issuer to freeze or restrict transfers. A stablecoin balance is not a guarantee of a fixed cash value.

9. Understand the permissions you approve

Connecting a wallet and authorizing an operation are separate actions. Review the network, contracts, assets, amounts and duration covered by any permission you approve. An approved contract or session may be able to perform actions without requesting a separate confirmation for each action, within the scope of that authorization.

Non-custodial access does not remove smart-contract or permission risks. ATLY's restriction on external withdrawals is not a guarantee against trading losses or failures in authorized protocols. Keep your recovery phrase, private keys and devices secure; do not disclose wallet recovery credentials to anyone.

10. Limits, pause and revocation have distinct effects

An allocation or transaction limit governs the use of funds according to its defined scope. It is not a guarantee of a maximum financial loss: allocated assets can fall in value, fees may be incurred, and separate positions can have their own obligations. Check the unit, time period and scope of each limit.

Pausing the Agent stops new automated actions; it does not reverse completed transactions or necessarily cancel actions already submitted. Disconnecting a wallet does not, by itself, remove on-chain approvals. Revoking an on-chain permission may require a wallet confirmation, a network fee and time for the transaction to be confirmed. Review remaining permissions and open positions when you stop using a strategy.

11. Service availability can affect your strategy

ATLY, wallet software, connection services, infrastructure providers or a selected network can experience outages, delays or errors. These can interrupt monitoring, execution or access to the interface. The beta service may change as testing identifies issues. Do not assume the Agent will always be able to act at the intended time.

12. Consider your local obligations

Rules governing crypto assets, automated trading and taxation vary by location and can change. Transactions, rewards or portfolio adjustments may create reporting or tax obligations. Determine which requirements apply to your circumstances and seek qualified advice when necessary.