> For the complete documentation index, see [llms.txt](https://zycle-protocol.gitbook.io/whitepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://zycle-protocol.gitbook.io/whitepaper/risks-and-challenges/12.2-market-risks.md).

# 12.2 Market Risks