Effective Date: February 23, 2026 · Last Updated: February 23, 2026
This Risk Disclosure supplements our Terms of Service and is intended to help you understand the risks associated with using Market Line and trading prediction markets. You should read this entire document before placing any trades.
1. Platform Disclaimer
Market Line is a content platform that provides news aggregation, market data display, and a user interface for interacting with prediction markets. Market Line:
- Does not hold customer funds or custody assets
- Does not operate an exchange or matching engine
- Is not a registered broker-dealer, exchange, or investment adviser
- Does not provide investment advice, recommendations, or solicitations
- Does not guarantee the accuracy, completeness, or timeliness of market data or content
- Does not guarantee trade execution, settlement, or market resolution outcomes
Trades initiated through Market Line are executed through dFlow’s permissionless infrastructure on the Solana blockchain. Market Line acts solely as a front-end interface and bears no responsibility for on-chain execution.
2. Prediction Market Trading Risks
- Loss of capital: You may lose some or all of the funds you use to trade. Prediction market contracts can expire worthless (worth $0) if the outcome you selected does not occur.
- Price volatility: Prediction market prices can change rapidly and unpredictably due to news events, sentiment shifts, information asymmetry, and market dynamics.
- Liquidity risk: You may not be able to exit a position at your desired price or at all due to insufficient market liquidity, particularly in less popular markets.
- Resolution risk: Markets are resolved based on predetermined criteria set by the market operator (Kalshi). Resolution may be delayed, disputed, or interpreted differently than you expect.
- Information asymmetry: Other participants may have access to information, resources, or analytical capabilities that you do not.
- Correlation risk: Multiple positions may be correlated, meaning losses in one market may coincide with losses in related markets.
Past performance of any market, trading strategy, or user does not indicate or guarantee future results.
3. Blockchain and Technology Risks
- Smart contract risk: Blockchain protocols, smart contracts, and DeFi protocols may contain bugs, vulnerabilities, or design flaws that could result in loss of funds. These risks exist in dFlow, Solana, and any protocols used for trade execution or settlement.
- Network risk: The Solana blockchain may experience congestion, outages, forks, or degraded performance that could prevent you from executing, modifying, or settling trades in a timely manner.
- Wallet security: You are solely responsible for securing your wallet private keys and seed phrases. Lost, stolen, or compromised keys cannot be recovered by Market Line or any other party. Anyone with access to your private key can control your funds.
- Irreversibility: Blockchain transactions are final and irreversible once confirmed on-chain. Trades executed in error, sent to wrong addresses, or affected by exploits cannot be undone.
- Stablecoin risk: USDC and other stablecoins used for trading may lose their peg to the US dollar, become illiquid, or be subject to regulatory action that affects their availability or value.
- Oracle and data risk: Market pricing and resolution depend on external data sources and oracle systems that may be inaccurate, delayed, or manipulated.
4. Regulatory and Legal Risks
The regulatory landscape for prediction markets, digital assets, and blockchain-based financial services is evolving. Changes in laws or regulations may:
- Restrict or prohibit prediction market trading in your jurisdiction
- Impose additional compliance requirements (KYC, reporting, taxation)
- Affect the availability, functionality, or legality of the Service
- Impact the value or transferability of stablecoins or digital assets
You are solely responsible for understanding and complying with all applicable laws and tax obligations in your jurisdiction.
5. Geographic Restrictions
Trading functionality is not available in certain jurisdictions, including but not limited to:
- OFAC-sanctioned countries (Cuba, Iran, North Korea, Syria, Russia, Belarus)
- European Union and European Economic Area member states
- United Kingdom
- Certain U.S. states, currently including Massachusetts
- Other jurisdictions as required by applicable law
This list is subject to change without prior notice. Users in restricted areas may browse content but are prohibited from executing trades.
6. Third-Party and Counterparty Risks
The Service relies on third-party infrastructure and services including dFlow, Kalshi, Solana, Privy, Firebase, and Helius. Failures, outages, security breaches, or discontinuation of any third-party service may adversely affect the Service and your ability to trade, access your funds, or view your positions. Market Line is not liable for losses arising from third-party service disruptions.
7. No Investment Advice
Nothing on Market Line constitutes financial, investment, legal, or tax advice. Market data, news content, AI-generated market matches, probability displays, and any other information provided through the Service are for informational purposes only and should not be relied upon as a basis for trading decisions. You should consult with qualified professionals before making any financial decisions.
8. Your Acknowledgment
By using Market Line and placing trades through the Service, you acknowledge that:
- You have read, understood, and accepted this Risk Disclosure in its entirety
- You understand that trading involves substantial risk of financial loss
- You are trading voluntarily and at your own risk
- You have the financial capacity to bear potential losses
- You will not hold Market Line liable for any trading losses or technical failures