Legal
Risk Disclosures
The ways you can lose money or privacy using Offbook. Please read them.
Market risk
Prediction market positions can go to zero. Prices move quickly, order books can be thin, and large orders can fill at worse prices than expected (slippage) or only partly. Nothing on Offbook is investment advice.
Resolution risk
Markets resolve through Polymarket’s resolution process, not through Offbook. Resolutions can be disputed, delayed, or differ from what you expected.
Technology risk
- Smart contracts (the vault, Polymarket’s contracts, NEAR Intents) can contain bugs.
- The Chain Signatures network relies on a threshold of honest signing nodes.
- The agent runs in secure hardware (a TEE). Hardware flaws and side-channel attacks are possible, and the agent framework has not yet had a formal audit.
- Bridges, relayers and RPC providers can fail, be delayed, or be attacked.
- If the agent is offline, positions cannot be sold until it is restored.
Privacy risk
Offbook reduces, but cannot eliminate, the chance that a bet is linked to you. Timing and amount analysis, small anonymity sets, Fast mode, and your own behavior can all weaken privacy. See the Trust model.
Operational limits
Each betting wallet has an exposure cap of 25,000 USD while Offbook operates it, and the system can be paused for up to 72 hours in an emergency. During a pause, new bets, sells and returns wait.
Regulatory risk
Laws on prediction markets and digital assets change. Offbook may have to restrict or end service in some places, with or without notice.