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This section outlines the principal risks associated with hBTC to support informed evaluation. While the protocol is designed with systematic risk controls and transparency, participation involves exposure to infrastructure, smart contract, economic, operational, and general risks, which should be carefully reviewed prior to deployment of capital.

Infrastructure Risk

Open Infrastructure Risk.

Smart Contract Risk

Open Smart Contract Risk.

Counterparty Risk

Open Counterparty Risk.

Market Risk

Open Market Risk.

Operational Risk

Open Operational Risk.

General Risk

Open General Risk.