> For the complete documentation index, see [llms.txt](https://flipper-3.gitbook.io/flipper-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://flipper-3.gitbook.io/flipper-docs/flipper-beta-version/what-to-expect-from-the-beta-version.md).

# What to Expect from the Beta Version

The beta version is an early working release of Flipper. During this phase, users may encounter:

* Incomplete or evolving functionality
* Temporary interface limitations
* Delays or interruptions in transaction execution
* Technical issues or unexpected system behavior
* Changes to supported trading venues, collateral types, or trading conditions

{% hint style="warning" %}
The beta version is provided on an “as is” and “as available” basis. Consider its beta status and the associated risks before depositing funds or opening positions.
{% endhint %}

Perpetual contract trading involves leverage and carries a high risk of loss. Positions and funds may be affected by:

* Market volatility
* Liquidations
* Funding payments
* Slippage
* Smart contract behavior
* Routing or execution errors
* Network disruptions
* Risks associated with third-party trading venues
