Risks & disclaimers

Sharepool is non-custodial: transactions are signed by you and settle on-chain, and no one can reverse one on your behalf.

Smart contract risk

A bug or exploit in the contracts, or in anything they depend on, can result in the total loss of funds in a pool. Non-custodial does not mean risk-free: it means no one can return your funds if something goes wrong.

Impermanent loss

Providing liquidity is not a savings account. If the two tokens in a pair diverge in price, you can withdraw less value than you deposited even after collecting every fee. See Providing liquidity.

Price impact and shallow pools

Several pools are intentionally shallow at launch. A trade that is large relative to the reserves will move the price against you significantly. Read the price impact before signing — it is not a fee and it is not refunded.

Token risk

Anyone can create a pool for any ERC-20. The existence of a pool is not an endorsement, and a token’s symbol is not proof of what it is. Verify a token’s address against Contract addresses or a source you trust before trading it.

Referral points

Points are a scoring mechanism for the referral program. They are not a token, not transferable, and carry no claim on assets or revenue. Program rules and rewards can change between seasons, and submissions to reviewed missions can be rejected.

No advice

Nothing in this documentation is financial, investment, legal or tax advice. You are responsible for your own decisions and for complying with the laws that apply to you.