Security Measures
Non-Custodial
Owly never holds custody of your funds.
Permission-Based
Trading permissions only - no withdrawal access.
Open Source
Core contracts are open for public audit.
Monitoring
24/7 system monitoring for anomalies.
Risk Categories
Market Risk
- Price volatility can lead to rapid losses
- Leverage amplifies both gains and losses
- Liquidation is possible in extreme market conditions
Smart Contract Risk
While Owly uses audited contracts, no smart contract is 100% risk-free:- Potential undiscovered vulnerabilities
- Dependency on Hyperliquid’s infrastructure
- Bridge and cross-chain risks
Copy Trading Specific Risks
| Risk | Description |
|---|---|
| Trader Performance | Past performance does not guarantee future results |
| Slippage | Copied trades may execute at different prices |
| Strategy Mismatch | Trader’s strategy may not suit your risk tolerance |
| Concentration | Following one trader creates single-point-of-failure |
Best Practices
Not Financial Advice
The information provided by Owly is for educational purposes only and should not be considered financial advice. Always do your own research and consider consulting a financial advisor before investing.
Reporting Issues
If you discover a security vulnerability:- Telegram: https://t.me/owlyfi_support
- Email: security@owly.fi
- Do not publicly disclose until resolved
- Bug bounty program available for qualifying reports