> For the complete documentation index, see [llms.txt](https://docs.opendelta.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.opendelta.com/risks/secondary-market-price-risk.md).
# Secondary Market Price Risk
The secondary market price of index tokens is determined by the forces of supply and demand among participants who wish to buy or sell them, third-party arbitrageurs, as well as the effects of minting and redemption activities.
OpenDelta does not control, and cannot guarantee, that index tokens will continuously trade at a price that perfectly reflects the underlying value of the basket assets.
Fluctuations in the market price or value of the underlying basket assets will not necessarily lead to a proportional change in the market value of the index tokens.
Accordingly, acquiring index tokens should not be interpreted as equivalent to directly purchasing or holding the assets comprising the corresponding Index Basket.
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