Risk disclosure

A position in an outcome market can lose its full value. A fair line is an estimate and can be wrong, and nothing in the Console is a recommendation to trade.

Execution and liquidity

Quotes can change between the ticket and the fill. Depth can be thin, and fees vary by market and by account. When an order is split across deployers, or you buy one share of every outcome together as a complete set, each part can fill at a different time or not at all. A price difference is not a promise of profit.

Fair lines are estimates

Fair lines come from options markets, perp prices and quotes on other venues. A source can be late, missing or out of line with the others, and the model behind a line can be wrong. The band and confidence shown with each line describe that uncertainty; they do not remove it.

Rule grades

A grade compares the written rules of two markets. A Same grade does not ensure identical settlement: sources can report differently, events can be postponed, and each deployer settles its own market.

Resolution and venue

Each market settles under its deployer's rules on Hyperliquid, and settlement can come later than the stated time. Hyperliquid, a price oracle, a deployer or the Console can fail or be unavailable, and so can any other service between you and the market.

Your browser's trading key

Enabling trading stores a key in this browser that can place and cancel orders for your wallet. Anyone with access to this browser profile, or software running in it, could use that key to trade. It cannot withdraw or transfer funds. On a shared or untrusted device, turn trading off from the wallet menu when you finish.