Risk Disclaimer

Why this page exists

Trading on Axiom involves real risk of real loss. The plain-language summary below is not a substitute for the legal terms, but it is the version we would want a friend new to the platform to read first. Take it seriously.

Market risk

The assets traded on Axiom — Solana-based memecoins, perpetual futures, and DeFi positions — are among the most volatile financial instruments in existence. Drawdowns of 50% in a single day are routine. Total losses, including for assets that appeared promising and well-distributed, happen regularly. Past performance of any token, any wallet you follow, or any strategy you read about here or elsewhere is not predictive of future returns.

Leverage risk

Perpetual futures on Hyperliquid allow leverage up to 50x. Leverage magnifies gains and losses symmetrically. A position at 10x leverage that moves 10% against you is fully liquidated; at 50x, a 2% move ends the position. Liquidations are mechanical and irreversible. Use leverage only if you understand the math and can afford the loss.

Liquidity risk

Many tokens on Solana have shallow order books and thin liquidity pools. You may be unable to exit a position at the displayed price, particularly during periods of high volatility or when other holders are also attempting to exit. Price impact figures shown in the trade widget are estimates based on current pool state and can change between quote and execution.

Smart contract and protocol risk

All on-chain trading depends on smart contracts that may contain bugs, including bugs in protocols Axiom routes through. We review the protocols we integrate and limit routing to venues with strong security postures, but we cannot guarantee that an integrated protocol will not suffer an exploit, an upgrade gone wrong, or an oracle failure. Loss of funds due to upstream protocol failure is possible.

MEV and execution risk

Even with MEV protection enabled, you may experience slippage greater than quoted, transactions that fail to confirm, or transactions that confirm at a less favorable price than expected. The MEV modes documented on the platform reduce these risks materially but do not eliminate them.

Custody risk

Axiom is non-custodial: your funds are in wallets you control. This eliminates several categories of risk (Axiom cannot freeze, seize, or rehypothecate your funds) but introduces others. If you lose access to a self-custodied wallet's seed phrase, neither Axiom nor anyone else can recover the funds. If you authorize a session wallet with an over-broad policy and your account is then compromised, an attacker can spend within the policy you authorized.

Regulatory risk

The regulatory treatment of memecoins, perpetuals, and on-chain trading is evolving in nearly every jurisdiction. New regulations may restrict your ability to access certain features, require new disclosures, or have tax consequences not anticipated at the time of your trades. You are responsible for understanding and complying with the rules that apply to you.

Operational risk

Axiom relies on third-party infrastructure including Solana validators, RPC providers, MPC infrastructure, and venue order books. Any of these can experience outages. During outages, you may be unable to trade or to adjust open positions. We work to minimize these risks but cannot eliminate them.

What we recommend

Trade only what you can afford to lose entirely. Start with small positions while you learn the platform's mechanics. Use MEV protection by default and only deviate intentionally. Use stop losses on leveraged positions. Read the postmortems on your own trades and update your process accordingly. If you find yourself trading from emotion rather than process, stop and walk away — the venue will still be here tomorrow.