> For the complete documentation index, see [llms.txt](https://funmarket.gitbook.io/funmarket/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://funmarket.gitbook.io/funmarket/risk-disclosure.md).

# Risk Disclosure

### General Risk Warning

<br>

Participation in prediction markets involves significant risk.

<br>

Users may lose all funds committed to a market.

<br>

FunMarket is experimental technology and should be used with caution.

***

### Smart Contract Risk

<br>

FunMarket relies on smart contracts.

<br>

Risks include:

* Bugs or vulnerabilities
* Unexpected behavior
* Network-level failures

<br>

Smart contracts are immutable once deployed.

***

### Market Risk

<br>

Markets may be affected by:

* Low liquidity
* Sudden price movements
* Manipulation by participants
* Incorrect collective assumptions

<br>

Prices do not guarantee outcomes.

***

### Oracle & Resolution Risk

<br>

Resolution depends on external data sources.

<br>

Risks include:

* Inaccurate data
* Delayed reporting
* Source unavailability
* Ambiguous real-world events

<br>

FunMarket is not responsible for oracle failures.

***

### Regulatory Risk

<br>

Laws governing prediction markets vary by jurisdiction.

<br>

Regulatory changes may:

* Restrict access
* Impact platform availability
* Affect user participation

<br>

Users are responsible for compliance with local laws.

***

### No Insurance

<br>

Funds are not insured.

<br>

Losses are not recoverable.

***

### User Acknowledgement

<br>

By using FunMarket, users acknowledge and accept all associated risks.


---

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