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SharkBetX Wallet Terms v3-2026-03-08
Effective date: 8 March 2026 Version: v3-2026-03-08
These SharkBetX Wallet Terms ("Terms") govern your use of the SharkBetX wallet and related services (the "Service"). By signing the acceptance message in the wallet interface (the message that includes "SharkBetX Wallet Terms v3-2026-03-08", your wallet address, and the vault contract address), you agree to be bound by these Terms for that wallet and vault.
Trading involves substantial risk of loss, including the possibility of losing some or all of the amounts you deposit or stake.
1. The Service
The Service provides an interface that allows you to:
- Connect your own wallet (e.g. MetaMask or Rabby) on Polygon.
- Deposit and withdraw USDC to and from a designated on-chain smart contract.
- Place and manage bets on prediction markets by routing orders through the SharkBetX infrastructure, which may use third-party execution venues (including Polymarket). Use of those venues is subject to their own terms of use, policies, and any applicable regulation; you are responsible for complying with them where your activity is routed through them.
Your USDC is held in a smart contract on Polygon and is 100% traceable on-chain. All deposits, withdrawals, and settlements are recorded as blockchain transactions. We do not act as a broker or counterparty to your trades. We provide software and optimized execution services that connect your wallet to betting and execution systems.
2. Eligibility
You may use the Service only if:
- You are at least 18 years of age (or the age of majority in your jurisdiction, if higher).
- You are not located in, resident in, or a citizen of any jurisdiction where use of the Service or prediction-market trading is prohibited by applicable law.
- You are not prohibited by law or by these Terms from using the Service.
You are responsible for determining whether your use of the Service is legal in your jurisdiction.
3. Your Responsibilities
- Wallet and keys: You are solely responsible for the security of your wallet and private keys. We do not have access to your keys and cannot recover them.
- Account activity: All activity from your wallet is deemed to be authorized by you. Do not share your wallet or credentials with others.
- Accuracy: You are responsible for ensuring that orders and instructions you submit are accurate. Transactions may be irreversible once executed or settled.
4. Risks
- Trading risk: Prediction markets and betting involve the risk of loss. You may lose some or all of the amounts you deposit or stake.
- Smart contract and technical risk: The Service and the vault rely on smart contracts and third-party systems. Bugs, failures, or attacks could lead to loss or delay. We do not guarantee uninterrupted or error-free operation.
- Third-party risk: Execution, clearing, or settlement may involve third parties (including Polymarket). Their terms, actions, or failures may affect your positions or funds. We are not responsible for third-party services.
- Regulatory risk: Laws and regulations may change. Access to the Service or to certain markets may be restricted or discontinued.
You use the Service at your own risk. We do not guarantee any particular outcome or return.
5. On-Chain Transparency; No Advice
- Your digital assets are held in a smart contract on Polygon. All balances are verifiable on-chain at any time. We do not have access to your private keys.
- We have no fiduciary relationship with you. We do not provide financial, legal, or tax advice. You should seek independent advice if needed.
6. Limitation of Liability
To the maximum extent permitted by applicable law:
- The Service is provided "as is" and "as available" without warranties of any kind (express or implied).
- We are not liable for any indirect, incidental, special, consequential, or punitive damages, or for loss of profits, data, or funds, arising from or in connection with your use of the Service or these Terms.
- Our total aggregate liability to you for any claims arising from or related to the Service or these Terms is limited to the amount of fees you have paid to us in the twelve (12) months preceding the claim (if any), or one hundred US dollars (USD 100), whichever is greater.
Some jurisdictions do not allow certain limitations; in such cases our liability is limited to the maximum permitted by law.
7. Indemnification
You agree to indemnify, defend, and hold harmless SharkBetX and its affiliates, and their officers, directors, employees, and agents, from and against any claims, damages, losses, costs, or expenses (including reasonable legal fees) arising from: (a) your use of the Service, (b) your violation of these Terms or applicable law, or (c) your violation of any third-party rights.
8. Changes to the Terms
We may update these Terms from time to time. We will publish the updated version (with a new version identifier and/or effective date where appropriate) on our documentation site or otherwise make it available. Continued use of the Service after the effective date of the updated Terms constitutes acceptance of the updated Terms. If we introduce a new terms version that requires a new signature (e.g. a new "SharkBetX Wallet Terms v..."), you may need to sign again to continue placing bets.
9. Termination and Suspension
We may suspend or terminate your access to the Service at any time, with or without cause or notice, to the extent permitted by law. You may stop using the Service at any time. Termination or suspension does not relieve you of obligations incurred before termination (e.g. open positions or settlement obligations). Where we have recorded your acceptance of these Terms (message and signature), that record may be retained for audit and compliance purposes.
10. General
- Governing law: These Terms are governed by the laws of the jurisdiction designated by SharkBetX for this version, without regard to conflict-of-law principles.
- Disputes: Any dispute arising from or relating to these Terms or the Service will be resolved in the courts of that jurisdiction, and you consent to the exclusive jurisdiction of those courts.
- Severability: If any provision of these Terms is held invalid or unenforceable, the remaining provisions remain in effect.
- Entire agreement: These Terms, together with the signed acceptance message (version, address, vault), constitute the entire agreement between you and SharkBetX regarding the Service.
- Contact: For questions about these Terms or the Service, see the contact or support information provided on the SharkBetX platform or documentation.
What you sign
When you click Accept terms in the wallet, you sign this exact message (with your address and vault filled in):
SharkBetX Wallet Terms v3-2026-03-08
Address: <your wallet address>
Vault: <customer vault contract address>That signature is stored and proves both that you control the wallet and that you accept these Terms (SharkBetX Wallet Terms v3-2026-03-08) for that address and vault. No gas fee is charged for signing.
For product documentation (deposits, placing bets, settlement), see Getting Started.