OBEX Digital-Asset Risk Disclosure
Effective date: August 30, 2026 Policy version: 2026-08-30
This disclosure describes significant but not exhaustive risks of using OBEX. Digital assets and exchange services are speculative and can result in the rapid, permanent loss of some or all value. You should not deposit or trade assets you cannot afford to lose. Consider obtaining independent legal, financial, tax, and technical advice.
1. Price and liquidity risk
Digital-asset prices can change sharply without warning and may reach zero. Markets may have little or no liquidity, wide spreads, concentrated ownership, unreliable price discovery, manipulation, or no willing counterparty. An order may execute at an unfavorable price, fill partially, remain open, or fail to execute. Historical prices and displayed market data do not predict future results.
2. Custody and counterparty risk
Assets credited by the Service depend on the Operator's wallets, keys, software, procedures, infrastructure, and solvency. Theft, loss of keys, unauthorized access, fraud, human error, insolvency, legal seizure, or operational failure could delay or prevent recovery. Exchange balances are not bank deposits and are not protected by FDIC or SIPC insurance. Wallet and ledger controls reduce but cannot eliminate custody risk.
3. Blockchain and protocol risk
Blockchains can experience reorganizations, forks, stalled finality, congestion, validator or miner attacks, governance disputes, software defects, incompatible upgrades, fee spikes, censorship, or permanent failure. Confirmed transactions may be reversed or become economically impractical. The Service may select which network or fork to support and is not required to support forked assets, airdrops, migrations, or rewards.
4. Token and smart-contract risk
Tokens and smart contracts may contain vulnerabilities, privileged administrator controls, freezes, blacklists, supply changes, upgrade mechanisms, issuer dependencies, or inaccurate metadata. A token issuer or network may cease operation. Contract addresses and network labels must be verified independently. Sending a token on the wrong network or to an incompatible address can permanently destroy access to it.
5. Tempo USDT0 and stable-value risk
USDT0 on Tempo is a token on a particular network and contract, not physical United States currency or a bank account. A quoted or intended stable value can break. Token, issuer, bridge, redemption, smart-contract, network, liquidity, and destination-platform risks can cause delay, rejection, depegging, or loss. A destination that supports another version of USDT may not support Tempo USDT0.
6. Deposit risk
A transaction visible on a blockchain may not be credited because it is below the minimum, uses an unsupported asset or network, lacks required confirmations, is malformed, omits required destination data, is under review, or cannot be reconciled. Confirmations can be lost through reorganizations. Deposit addresses may change. Small or unsupported deposits may be unrecoverable.
7. Withdrawal risk
Withdrawals are irreversible after broadcast. An incorrect address, asset, network, or destination requirement can cause permanent loss. The destination may impose a higher minimum, reject the asset, delay credit, freeze it, or require separate verification. Network and withdrawal fees reduce the amount available and may change. A valid on-chain transfer does not guarantee a third party will credit you.
8. Technology and cybersecurity risk
Software defects, malicious code, compromised dependencies, denial-of-service attacks, credential theft, phishing, malware, SIM swaps, email compromise, device compromise, API misuse, database failure, power loss, network outage, backup failure, or configuration errors can interrupt the Service or cause loss. Security controls cannot eliminate every vulnerability.
9. Account and authentication risk
Instructions authenticated with your password, email code, Authenticator, recovery code, session, or API key may be treated as yours. Losing access to authentication methods can delay access. Sharing credentials or using compromised devices can allow unauthorized trades or withdrawals. Support will never need your password, one-time code, recovery code, private key, or seed phrase.
10. Regulatory and legal risk
Digital-asset laws, classifications, licensing rules, sanctions, tax rules, and enforcement positions are uncertain and can change rapidly. Authorities may restrict an asset, network, market, person, or service; require information; freeze or seize assets; or make continued operation impractical. An asset can be treated differently across jurisdictions. You are responsible for the legality and tax consequences of your activity.
11. Operational and service-availability risk
Trading, deposits, withdrawals, nodes, wallets, email, market data, or the entire Service may be paused without advance notice for maintenance, safety, compliance, reconciliation, reserve protection, or emergencies. The Service may discontinue an asset or market. Delays can expose you to price changes or missed opportunities.
12. Market-abuse and information risk
Other participants may possess superior information, coordinate activity, manipulate markets, submit deceptive orders, exploit thin liquidity, or engage in fraud. Public statements, social-media claims, project materials, explorers, and third-party prices may be inaccurate or misleading. The Operator does not guarantee the identity, honesty, solvency, or conduct of another participant or asset project.
13. No advice or guaranteed return
Nothing on the Service is investment, financial, legal, accounting, or tax advice. Listing an asset, displaying a price, operating a market, or providing technical information is not an endorsement. There is no guaranteed return, redemption value, profit, liquidity, or ability to withdraw.
14. Acceptance of risk
By using the Service, you acknowledge that you understand these risks, that this disclosure cannot describe every possible risk, and that you independently accept the financial and technical consequences of your activity. If you do not understand or cannot bear these risks, do not create an account, deposit, trade, or request a withdrawal.
Questions may be submitted through the Contact page. Do not submit passwords, one-time codes, recovery codes, private keys, or seed phrases.