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Risks and responsible play

WickPlay is an experimental onchain market. Use it at your own risk.

WickPlay markets settle quickly. A small price movement can decide the result, and a losing trade loses the full stake.

Trading risks

  • The market price can move sharply before settlement.
  • A quoted payout does not guarantee a profit.
  • Delayed or unavailable price data can delay settlement.
  • Short runs of wins or losses do not predict future results.
  • Depositor share value moves with the result of every pool-funded trade.
  • A 2.5% expected pool edge on decisive volume does not guarantee a positive deposit return.
  • Correlated positions can lose together; current limits do not net opposite exposures.

Settlement and withdrawal risks

  • An accepted trade removes its stake from your available balance before the result.
  • The settlement service can delay trade acceptance, results, commitments, or normal withdrawals.
  • A forced exit uses the latest provable account state and has a challenge period.
  • A forced exit values free shares after deducting pending maximum loss. Locked shares remain until their positions settle.
  • The onchain contract checks the settlement signer's transition signature. It does not prove every offchain calculation.

Account and protocol risks

  • An incorrect wallet, network, receiver, or contract address can cause loss.
  • The protocol relies on pricing, result, sequencing, and data-availability services.
  • Governance can upgrade the escrow contract or rotate the settlement signer.
  • Smart contracts can contain defects.
  • Regional rules may limit access to prediction markets.

Responsible play

  • Trade only with funds you can afford to lose.
  • Set a time limit and loss limit before you start.
  • Do not chase losses or treat short-term wins as income.
  • Stop if trading affects your sleep, work, relationships, or debt.
  • Do not trade while impaired or under pressure from another person.