What financial risks do investors face?
Convex Finance has been built with safety and security in mind. However, there are inherent risks when interacting with any decentralized-finance smart contracts. Our team has vigorously reviewed it's smart contracts, and also pursued external auditors to identify potential vulnerabilities in the platform prior to launch.
Even so, the possibility of losing some or all of your funds is non-zero. Please exercise caution and work within your own risk framework when it comes to interacting with the platform.
Please see the Audits page for information on our external security audit with MixBytes. As well as review tests made via mainnet forking on our GitHub repository.
As well as Convex Finance specific risks, users are also beholden to any risks that pertain to the Curve.fi platform and Frax Finance platform, as Convex integrates directly with them. Please also review their documentation and risk explanations before interfacing with either platform.