Risks & disclaimer
Tessera is experimental DeFi software. Please read this before using it.
Experimental & unaudited-grade software
Tessera is brand-new. The contracts have been reviewed internally but not by a third-party auditor. Use small amounts.
Immutable — no admin, no undo
Once an index is created its recipe is graved forever. There is no owner who can pause, fix, upgrade, or reverse anything, and no one can recover funds sent by mistake.
No insurance, no refunds
If a smart contract bug, a basket token, or a market move loses your money, it is gone. Nobody reimburses you.
Indexes are permissionless
Anyone can create an index with any tokens. A token in a basket can be malicious, illiquid, or go to zero. Always check what an index actually holds before buying.
Pricing is on-chain & approximate
Values shown come from Uniswap v3 spot prices via the on-chain Lens — they can be stale or thin, and are for information only, not a guaranteed execution price.
Not financial advice
Nothing here is investment advice or a solicitation. You are solely responsible for your decisions, and for any taxes or laws that apply to you.
By using Tessera you acknowledge these risks and accept that you use it entirely at your own risk.