Terms

What ORACLE is

ORACLE is a prediction market. People ask yes or no questions about future events, others take a side, and the price shows what the crowd thinks will happen.

Real SOL, held by ORACLE

You bet real SOL. You add SOL by approving a transfer from your wallet to the ORACLE treasury, and your balance is recorded on ORACLE. You can withdraw your balance to the wallet you signed in with at any time, within the limits shown in the app. ORACLE can pause deposits and betting, but not withdrawals. While the site shows a DEVNET badge, the SOL is test SOL with no value.

Pools, payouts and fees

All the SOL bet on both sides of a market forms one pool. When a market resolves, the winning side splits the pool, minus a 2% fee, in proportion to each person's stake. A market only starts once both sides have at least one bettor. If a side is empty when the market closes, or the market is voided, every bet is refunded in full and no fee is taken.

Risk

You can lose everything you bet. Results can be disputed or wrong, software can have bugs, and the Solana network can be slow or unavailable. Nothing is guaranteed. Only bet what you can afford to lose.

Markets and results

Crypto and memecoin price markets created by ORACLE resolve automatically from the Coinbase price at the closing minute. Markets created by users are resolved by their creator after they close, using the rules written on the market. A market that is not resolved within 7 days of closing is voided and everyone's stake is returned. Resolutions by a creator are final.

Your responsibility

You must be 18 or older and you may only use ORACLE where doing so is legal for you. You are responsible for any taxes on your winnings. Do not create misleading markets or markets about private individuals. ORACLE may hide or remove a market.

No advice

Nothing on ORACLE is financial, investment or legal advice. Prices reflect what traders on ORACLE think, not a guarantee of any outcome. ORACLE AI is a simple statistical model and is often wrong.