Risk Disclosure
Digital assets are high-risk. Read this before you send, swap, bridge, or connect to any application.
1. Market risk
Prices can move sharply and without warning. The value shown in the app can change between the moment you quote a swap and the moment it settles. You may lose some or all of your funds.
2. Irreversible transactions
Blockchain transactions cannot be reversed. Sending to the wrong address, choosing the wrong network, or approving a malicious contract can permanently lose your funds. There is no chargeback and no support desk that can undo it.
3. Key loss
If you lose your device and do not have your recovery phrase or an encrypted backup, your funds cannot be recovered. Anyone who obtains your recovery phrase can take everything. Never share it, and never type it into a website or chat.
4. Smart contract and bridge risk
Swaps, bridges, tokens, and dApps rely on code you did not write. Bugs, exploits, malicious tokens, and paused contracts can cause losses. A route being offered does not mean it is safe.
5. Slippage and transaction ordering
Thin markets can move past your slippage limit, and other participants may front-run or sandwich your trade. Review the minimum received and network fee before confirming.
6. Stablecoins and wrapped assets
Stablecoins can lose their peg, and wrapped or bridged assets depend on the issuer or bridge. Holding them carries issuer and counterparty risk.
7. Networks and fees
Networks can congest, fail, or reorganize, and fees can spike. A transaction may be delayed or dropped. Testnet assets have no monetary value.
8. Phishing and approvals
Connecting to a dApp can grant it permission to move assets. Review every approval and revoke permissions you no longer need. Rellum will never ask for your recovery phrase or PIN outside the app.
9. Regulatory and tax
Rules for digital assets differ by country and can change. You are responsible for reporting and paying any taxes that apply to you.
10. No advice
Nothing in Rellum is financial, investment, legal, or tax advice. Do your own research and never use funds you cannot afford to lose.
Questions: support@rellum.io.