We think investors should see the risks as clearly as the opportunity. The offering documents contain the complete risk factors.
Market and price risk
Liquidity positions hold volatile digital assets. Sharp price moves can cause losses that exceed fee income, including impermanent loss.
Fee income is variable
Fees depend on trading volume, competition from other liquidity providers and venue fee policy. Yields can fall sharply or to zero.
Hyperliquid-specific risk
Competition from other exchanges, pushback from incumbents such as CME and ICE, falling crypto-native volumes, or problems in builder-deployed markets could reduce Hyperliquid's activity and fees.
Venue and concentration risk
A large share of activity is concentrated on Hyperliquid and related venues. Outages, governance changes or loss of market share could hurt results.
Smart contract and custody risk
On-chain protocols can contain bugs or be exploited. Keys and wallets can be compromised. Losses may be unrecoverable.
Regulatory risk
U.S. market-structure legislation has not passed, and rules for digital assets and DeFi may change in ways that restrict or end the strategy.
Early-stage company and illiquidity
Farr Out is a new company with a short operating history. Notes are illiquid, subject to a lockup, and investors could lose their entire investment.
Important Disclosures
This website is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities. Any offering will be made only to accredited investors through definitive offering documents, including a note purchase agreement and operating agreement, which should be reviewed carefully together with their risk factors before any investment decision. Terms described here are preliminary and subject to change.
Forward-looking statements. This website contains forward-looking statements, including statements about market growth, the development of Hyperliquid and its ecosystem, regulatory developments, and Farr Out's plans and strategy. Words such as "may," "could," "expect," "plan," "believe" and similar expressions identify these statements. They reflect current views, are based on assumptions, and are subject to risks and uncertainties that could cause actual results to differ materially. We undertake no obligation to update them.
Performance. Fund figures reflect fee income on investor note capital since May 2026. Founder figures reflect the founder's personal accounts only and are shown separately. Both are gross fee yields that exclude changes in asset values, costs and taxes, measure something different from total return, and are unaudited. Hypothetical scenarios are illustrative only. Past performance is not indicative of future results. No representation is made that any investor will achieve similar results.
Third-party data. Market and ecosystem data come from public sources believed to be reliable, including DefiLlama, CoinGecko, Hyperliquid and published reports, but have not been independently verified and may change. References to third parties, quotes and media coverage do not imply endorsement of Farr Out Holdings. Farr Out Holdings is not affiliated with Hyperliquid or Hyper Foundation.
An investment in Farr Out Holdings LLC is speculative, involves a high degree of risk, and is suitable only for accredited investors who have no need for liquidity and can withstand the loss of their entire investment. Nothing here is investment, tax or legal advice.
