See the risk. Keep control.
A clear interface cannot remove market, liquidity, oracle, or smart-contract risk.
Stock Tokens are subject to issuer and jurisdictional restrictions. Connecting a wallet does not establish eligibility.
Isolated market risk
Only collateral in a specific market protects that market’s debt. Assets elsewhere in your wallet, or in another market, do not increase its borrowing power. The health factor is collateral value × LLTV ÷ debt. Below 1, permissionless liquidation becomes possible.
Conservative execution limits
AgentMargin caps new borrowing and collateral withdrawals at 95% of the protocol’s liquidation capacity. This is a user-interface buffer, not a guarantee against liquidation. Protocol LLTV is read from the market, not invented. The lending protocol does not impose application-wide supply caps or concentration limits; do not interpret their absence as unlimited safe capacity.
Oracle handling
Risk-increasing actions require supported Chainlink-style market oracle getters and fresh, positive underlying feeds within each canonical feed’s published heartbeat (at most 24 hours). Unknown oracle designs fail closed. Stock Token actions also check oraclePaused(), official asset status and recent tradability. A fresh RPC block is required. Expired feeds and closed-market windows can block new actions.
Oracle limitations
This V1 does not configure a canonical sequencer uptime feed. Canonical feed-specific heartbeat metadata is fetched from Chainlink. The fresh-block check does not replace sequencer recovery protections. Protocol liquidations use the protocol oracle rules, which may differ from AgentMargin checks. Independent oracle review remains required before enabling unlisted markets.
Liquidations and loss
Liquidators repay debt in exchange for collateral under the lending protocol’s incentive formula. Incentives and available amounts depend on live state. Borrowers may lose collateral; suppliers may incur bad debt. Liquidation discovery is bounded and depends on indexer coverage.
Stock Token eligibility
Stock Tokens provide economic exposure, not legal ownership of the underlying shares. Jurisdiction and transfer restrictions may apply, including restrictions on US persons. AgentMargin cannot override issuer controls or establish eligibility merely because a wallet connects. Review the issuer’s current terms.
Operational dependencies
Rates vary. USDG and other stable assets may depeg. RPCs, indexers, bridges, and oracles may fail or lag. Contracts and third-party protocols can contain vulnerabilities. AgentMargin has not been independently audited.