Terms of Use

1. Acceptance of Terms

By accessing or using VPoleMarket ("the Platform," "we," "us," or "our"), you agree to be bound by these Terms of Use ("Terms"). If you do not agree to these Terms, you must not access or use the Platform.

We reserve the right to update these Terms at any time. Continued use of the Platform after changes are posted constitutes your acceptance of the revised Terms. The "Last Updated" date at the top of this page indicates when the most recent changes were made.

2. Platform Description

VPoleMarket is a prediction market platform that allows registered users to trade shares in the outcomes of real-world events across categories including sports, politics, finance, and more. Markets are settled based on publicly verifiable outcomes.

Trading on VPoleMarket uses USDC (USD Coin), a regulated digital dollar stablecoin running on the Base blockchain. All balances, winnings, and withdrawals are denominated in USDC. VPoleMarket does not use, hold, or trade volatile cryptocurrencies as a primary medium of exchange.

VPoleMarket is a trading platform, not a gambling service. Prediction markets are legal in many jurisdictions as financial instruments. It is your responsibility to ensure that participation is lawful in your jurisdiction.

3. Eligibility

You must be at least 18 years old to register and use the Platform. By creating an account, you represent and warrant that you meet this age requirement.

The Platform is not available to residents of jurisdictions where prediction markets are prohibited by law, including but not limited to the United States of America. By using the Platform, you represent that you are not located in, or a citizen or resident of, any such restricted jurisdiction.

We reserve the right to restrict access to any user at any time, with or without notice, for any reason including suspicion of violating these Terms or applicable law.

4. Account Registration & Security

To access trading features you must create an account. You agree to provide accurate, complete, and current information and to update it as necessary.

You are responsible for maintaining the confidentiality of your account credentials and for all activity that occurs under your account. Notify us immediately via our Discord support channel if you suspect unauthorised access.

You may not create more than one account per person. Creating multiple accounts to circumvent restrictions, abuse promotions, or manipulate markets is strictly prohibited and will result in permanent banning of all associated accounts.

We reserve the right to suspend or terminate accounts that violate these Terms, at our sole discretion.

5. Trading Rules

All trades are final once confirmed on the Platform. Share prices are determined algorithmically using a Logarithmic Market Scoring Rule (LMSR). Prices reflect real-time market probability and will move based on trading activity.

You may buy shares (betting an outcome occurs) or sell shares (exiting a position early) at any time while a market is open. Selling early returns value based on the current market price, which may be higher or lower than your purchase price.

A placement fee of 2% is deducted from the cost of each trade at the time of purchase. For markets that resolve in your favour, an additional win commission of up to 3% is deducted from your profit only — never from your principal. No fee is charged on losing trades beyond the initial placement fee.

Large trades may incur an additional whale surcharge to protect market liquidity. This surcharge is calculated and disclosed before you confirm your trade.

Sports markets may be created automatically from live odds data. These markets follow the same trading rules but may have different commission rates as disclosed on the market detail page.

6. Wallets & Funds

Upon registration, a non-custodial smart wallet is created for you on the Base blockchain. Your winnings are held in USDC in this wallet. You retain ownership of your wallet and its contents at all times.

Deposits into open markets are held in a market-specific smart contract escrow. Funds in escrow are only released upon market settlement or via a valid refund claim. VPoleMarket cannot access or move funds from escrow without a valid settlement event.

Withdrawals to an external wallet address are processed on-chain. Gas fees (paid in ETH on Base) are minimal and are the responsibility of the user. Withdrawal times are subject to blockchain confirmation times, typically under 30 seconds on Base.

We are not responsible for funds lost due to incorrect wallet addresses provided by users. Always double-check your withdrawal address before confirming.

We reserve the right to delay or suspend withdrawals if we reasonably suspect fraud, money laundering, or other illegal activity.

7. Market Settlement

Markets are resolved by the Platform administrators based on publicly verifiable real-world outcomes (official sports results, news sources, government announcements, etc.). The resolution source and criteria are stated in each market's rules.

Sports markets are resolved automatically based on official scores from verified data providers. In the event of a data error, we reserve the right to manually correct or void the resolution.

In the event a market cannot be settled (e.g., the event is cancelled or the outcome is indeterminate), the market may be voided and all funds returned to traders at their original cost.

Payout calculations: each winning share pays out $1.00 USDC less the applicable win commission. Losing shares expire worthless.

Settlement is typically processed within 24 hours of the event concluding. Sports markets are resolved automatically, often within minutes of the final score being published.

8. Prohibited Conduct

You agree not to engage in any of the following:

• Market manipulation — coordinating trades with others to artificially move prices
• Insider trading — placing trades based on material non-public information about an event outcome
• Creating or using multiple accounts to abuse promotions or circumvent restrictions
• Using automated bots, scripts, or tools to trade without prior written approval
• Attempting to exploit bugs, glitches, or vulnerabilities in the Platform
• Engaging in any form of money laundering, fraud, or funding of illegal activities
• Harassing, threatening, or abusing other users or Platform staff
• Attempting to reverse-engineer, scrape, or copy the Platform's software or data

Violation of any prohibited conduct may result in immediate account suspension or termination, forfeiture of balances, and referral to relevant authorities where required by law.

9. Agent & Creator Network

VPoleMarket operates an agent and super-agent referral network. Agents earn a commission on the trading volume of users they refer and manage. Commissions are paid in USDC from Platform fees.

Agents and super-agents are bound by additional terms provided at the time of onboarding. Misuse of the network, including referring fictitious users, manipulating commission calculations, or facilitating prohibited conduct by referred users, will result in termination and forfeiture of all unpaid commissions.

Creators who are approved to run content or affiliate programmes are subject to separate creator agreement terms communicated directly.

10. Intellectual Property

All content, software, design, trademarks, and intellectual property on the Platform are owned by or licensed to VPoleMarket. You may not reproduce, distribute, modify, or create derivative works without our express written permission.

You retain ownership of any content you submit (e.g., comments). By submitting content, you grant us a non-exclusive, worldwide, royalty-free licence to display and distribute it on the Platform.

11. Disclaimers

THE PLATFORM IS PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED. WE DO NOT WARRANT THAT THE PLATFORM WILL BE UNINTERRUPTED, ERROR-FREE, OR FREE FROM HARMFUL COMPONENTS.

PREDICTION MARKET TRADING INVOLVES RISK. YOU MAY LOSE ALL FUNDS YOU COMMIT TO A MARKET. PAST MARKET PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. DO NOT TRADE FUNDS YOU CANNOT AFFORD TO LOSE.

We do not provide financial, investment, or legal advice. Nothing on the Platform constitutes a recommendation to trade any particular market.

12. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, VPOLEMARKET AND ITS OFFICERS, DIRECTORS, EMPLOYEES, AND AFFILIATES SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES ARISING FROM YOUR USE OF THE PLATFORM.

Our total aggregate liability to you for any claim arising out of or relating to these Terms or the Platform shall not exceed the greater of (a) the total fees you paid to the Platform in the 30 days preceding the claim, or (b) $100 USD.

13. Privacy

Your use of the Platform is subject to our Privacy Policy. By using the Platform you consent to the collection and use of information as described therein. We use Clerk for authentication and do not store raw passwords.

Blockchain transactions are public by nature. Your wallet address and on-chain trading history may be visible to anyone inspecting the Base blockchain.

14. Governing Law & Disputes

These Terms are governed by and construed in accordance with applicable law. Any disputes arising from these Terms or your use of the Platform shall first be attempted to be resolved informally by contacting us via Discord.

If informal resolution fails, disputes shall be resolved by binding arbitration on an individual basis. You waive any right to participate in a class action lawsuit or class-wide arbitration against VPoleMarket.

15. Contact

If you have questions about these Terms, please contact us via our Discord support server. Our support team typically responds within 24 hours.