Risk Disclosure

The short version

Amyth is non-custodial. Your funds stay in your vault, controlled by your wallet. That eliminates one big class of risk (us running away with your money). It does not eliminate the other classes of risk, which are real and worth understanding before you put serious capital into a vault or subscribe to anyone's strategy.

1. Market risk

You are trading perpetual futures on cryptocurrencies. Prices move fast in both directions. Strategies that look great over a week of bull market can lose money quickly when conditions change.

Past performance does not predict future results. A strategy that returned +47% over the last 7 days is not guaranteed — or even particularly likely — to return +47% next week. The marketplace shows historical numbers because they're the only numbers we have, not because they predict anything.

2. Leverage risk

Perpetual futures use leverage. A position with 10× leverage means a 10% adverse price move wipes out your collateral. Amyth strategies can use up to 100× leverage on Jupiter Perps.

With leverage, you can lose more than your initial deposit in extreme cases (negative balance, though Jupiter has insurance fund mechanics that mostly prevent this). At minimum, you can lose 100% of the collateral you put up for any individual position.

3. Smart contract risk

Amyth interacts with several smart contracts:

• The Amyth vault program (we wrote this)
• Jupiter Perpetuals (third-party, audited)
• SPL Token program (Solana standard)
• Memo program (Solana standard)

Smart contracts can have bugs. The Amyth vault program has not been formally audited. We have tested it extensively but cannot guarantee it is bug-free. A bug could cause loss of funds in your vault, or cause trades to behave unexpectedly.

Jupiter Perps has been audited and operates a substantial insurance fund, but Jupiter has had operational incidents in the past and may in the future. If Jupiter has an outage during a market move, your positions may be unable to close at expected prices.

4. Creator risk (if you subscribe)

Strategies on the marketplace are created by other users, not by Amyth. We verify that strategies pass 5 quality gates before listing . We do not verify creators' identities or motivations.

Specific things that can go wrong:

• The creator stops sending signals. Your positions may sit open accruing funding fees. We auto-flatten after 7 days of silence and notify you, but you should still monitor.
• The creator sends bad signals. Even strategies that passed 5-gate evaluation can have bad weeks. The creator may also change their approach, take more risk, or fundamentally break what was working.
• Execution timing diverges. When a creator fires a signal, it fans out to all subscribers in parallel batches. Subscribers later in the batch may execute at slightly different prices than the creator's vault. For 1,000 subscribers, the last subscriber executes 5–10 minutes after the first. This timing divergence means your returns will not exactly match the creator's returns, especially during fast-moving markets.
• The creator could publish a deliberately harmful strategy.We try to detect this with the 5-gate eval, but a determined adversary could pass the gates with one strategy and then change behavior. Your protection: you can manually flatten anytime, you can unsubscribe anytime, and your funds remain in your vault regardless.

5. Infrastructure risk

Amyth runs on commercial infrastructure (Vercel, Helius, Upstash). If any of these have an outage:

• The web interface may become temporarily unavailable.
• Cron jobs (signal fanout, expiry alerts, silence detection) may delay or fail.
• You may be unable to subscribe, unsubscribe, or change settings until service is restored.

Your vault and its positions are unaffected by Amyth web infrastructure outages. They live on Solana. You can interact with the vault program directly via your own RPC + a Solana script if needed. We publish enough information in this codebase for a technical user to do this.

6. Wallet risk

Your wallet is your responsibility. If your private key is compromised (through phishing, malware, a leaked seed phrase, or a compromised hardware device), anyone with the key can drain your vault.

We strongly recommend:

• Use a hardware wallet for any vault holding meaningful capital.
• Never share your seed phrase with anyone, including support.
• Be skeptical of any “Amyth support” account on social media. We do not initiate DMs.
• Verify the URL is amyth.trade before connecting your wallet (phishing sites use lookalike domains).

7. Regulatory risk

The legal status of perpetual futures, on-chain derivatives, and non-custodial trading platforms varies significantly by jurisdiction and is evolving rapidly.

Some things you should consider:

• Tax obligations. Trading gains and losses are generally taxable. Subscription payments you make to creators may or may not be deductible depending on jurisdiction. We do not provide tax advice.
• Restricted jurisdictions. Perpetual futures may not be legal in your country. Using a VPN to access services that would otherwise be blocked is your decision and your risk.
• Future enforcement actions. Regulators may take action against perpetuals platforms in the future. While Amyth is non-custodial and operates as infrastructure, we cannot promise no regulatory changes will affect the platform.

8. Operational risk: signal failures

Things that can prevent a signal from executing on your vault:

• Your vault has no execution vault selected. The signal is silently skipped.
• The position size implied by the signal is below Jupiter's minimum (~$10). The signal is skipped and logged to your activity.
• Solana network congestion causes the transaction to fail or land late.
• Your vault doesn't have enough USDC to cover the trade margin.
• Your vault is paused.
• An RPC error during fanout. We retry up to 3 times, but persistent failures are skipped after retries.

These mean your vault will not always execute every signal a strategy fires. We log each skipped signal to your activity feed.

9. Subscription expiry

When your subscription expires, signals stop routing to your vault. However, any open positions remain open. They will not auto-close unless you renew and the strategy fires a close signal, or you close them manually.

This is a deliberate choice. Auto-flattening on expiry would be a footgun (a forgotten renewal could trigger a market sell at a bad moment). But it does mean you need to actively manage positions if your subscription lapses.

10. The honest summary

You can lose money using Amyth. You can lose all the money in your vault. You can lose money following a strategy that previously made money. You can lose money to bugs, outages, market moves, leverage, and other users' mistakes.

Use only funds you can afford to lose entirely. Treat past performance as historical interest, not a forecast. Diversify across multiple strategies if you subscribe. Monitor your vaults. Automation does not mean “set and forget.”

If you find this disclosure off-putting, that is the correct reaction. Trading derivatives is risky and we're not going to pretend otherwise.