Terms of Service

By accessing or using PreferMarket (the "Service"), you agree to be bound by these Terms of Service. If you do not agree, you may not use the Service. We may update these terms periodically; continued use after changes constitutes acceptance.

You must be at least 18 years old and legally able to enter binding contracts in your jurisdiction. The Service is not available in regions where prediction markets are restricted by law, including but not limited to certain U.S. states and sanctioned jurisdictions.

• You confirm trading on prediction markets is legal in your location
• You are not on any sanctions list (OFAC, UN, EU)
• You are not an employee, contractor, or affiliated party of PreferMarket

You may register with an email address or by connecting a self-custodial wallet (MetaMask, WalletConnect, Coinbase Wallet). You are solely responsible for safeguarding your wallet keys, recovery phrases, and account credentials. PreferMarket cannot recover lost wallets and will never ask for your private keys.

PreferMarket operates binary YES/NO prediction markets settled in USDC. Each market resolves based on a publicly verifiable outcome from the source documented on the market page.

• All positions are final once committed on-chain
• Early cash-out is available at the live market price prior to resolution
• Winning positions split the losing pool, proportional to stake, less the platform fee
• If a market cannot be resolved unambiguously, stakes are returned

PreferMarket charges a flat 5% fee on the winning side's payout. No deposit, withdrawal, or position-entry fees are charged by PreferMarket. On-chain gas fees apply to wallet operations and are paid directly to the network.

Prediction markets involve financial risk. You may lose the entire amount staked on any position. PreferMarket makes no representations about the likelihood of any market outcome.

• Past market behavior does not predict future outcomes
• Crypto-asset values (including USDC peg stability) can fluctuate
• Smart-contract risk: on-chain protocols may contain bugs or exploits
• Trade only with funds you can afford to lose

You may not:

• Use the Service for money laundering, terrorist financing, or fraud
• Manipulate market prices via wash trading, spoofing, or coordinated action
• Place positions on markets where you have material non-public information
• Use bots, scrapers, or automated systems without written permission
• Attempt to reverse-engineer, exploit, or attack our smart contracts or infrastructure

All platform code, branding, copy, and design are the property of PreferMarket Inc. The smart contracts may be open-sourced under permissive licenses as documented in our public repositories. You retain ownership of any wallets and on-chain assets you control.

We may suspend or terminate your access at any time for violations of these terms, for legal compliance, or in response to suspicious activity. You may close your account at any time by contacting support@prefermarket.com. Open positions remain subject to market resolution; remaining balances will be withdrawable to your connected wallet.

To the maximum extent permitted by law, PreferMarket shall not be liable for indirect, incidental, consequential, or punitive damages arising from your use of the Service, including loss of funds, opportunity, or data. Our total liability is capped at the platform fees you have paid to us in the preceding 12 months.

These terms are governed by the laws of the State of Delaware, USA, without regard to conflict-of-laws principles. Any dispute will be resolved through binding arbitration administered by JAMS in Wilmington, Delaware, except where prohibited by your local consumer-protection laws.

Questions about these Terms? Reach our legal team at legal@prefermarket.com, or write to: PreferMarket Inc., 1209 N Orange St, Wilmington, DE 19801, USA.