Understand the risks

Yield is compensation for risk. A displayed APY is neither a guarantee nor an estimate of your return in fiat currency.

Smart contracts

Exploits, faulty accounting, upgrades and compromised authorities can cause loss. PENDRA does not add an audit guarantee to an underlying protocol.

Slashing, credit losses, restaking, depegs, withdrawal queues and exchange-rate reductions can affect principal and yield.

Selling before maturity may realize a loss. Routes may have no liquidity or large price impact. YT expires; LP positions can move out of range.

Borrowing adds liquidation, oracle and variable funding risks. External strategies require independent health-factor and collateral checks.

API observations can be delayed. Quotes expire. RPC outages can leave confirmation unknown. Inspect the transaction signature before retrying.

Review every approval in your wallet. Never share a private key or seed phrase. Confirm the provider domain and token mint.