Polymarket — Terms

Acceptance of Terms

By accessing or using the services provided by Polymarket at polymarket.com, you agree to be legally bound by these Terms of Service in their entirety. These terms constitute a binding legal agreement between you and the platform, governing your use of all features, content, and functionality offered by this exchange. If you do not agree with any portion of these terms, you must immediately discontinue your use of the service and close any accounts you have registered. The platform reserves the right to require affirmative re-acceptance of these terms following any material updates. Your continued use of this exchange after any modification to the terms constitutes your acceptance of the updated agreement. Users who access the service through third-party integrations or API connections are equally bound by these terms and are responsible for ensuring that their use complies with all applicable provisions.

Eligibility to Use Polymarket

Access to and use of the platform is restricted to individuals who are at least 18 years of age and have the legal capacity to enter into binding contracts under the laws of their jurisdiction. This exchange is not available to residents of the United States or other jurisdictions where prediction market services are prohibited or restricted under applicable law. By using the service, you represent and warrant that you are not located in a restricted jurisdiction and that your use of the platform does not violate any local, national, or international laws applicable to you. The exchange reserves the right to request documentation verifying your identity and eligibility at any time. Providing false information regarding your eligibility constitutes a material breach of these terms and may result in immediate account termination. It is your sole responsibility to ensure that your use of this service complies with all laws and regulations in your jurisdiction.

Account Terms and Responsibilities

To access the full functionality of the platform, you are required to create an account and complete any applicable verification procedures. You are solely responsible for maintaining the confidentiality of your account credentials and for all activity that occurs under your account. This exchange must be notified immediately if you suspect unauthorized access to your account or any other security breach. The service prohibits the creation of multiple accounts by the same individual, and accounts may not be transferred, sold, or assigned to third parties without prior written authorization. You agree to provide accurate, complete, and current information during registration and to promptly update your information if it changes. The platform reserves the right to suspend or terminate accounts that violate these terms, provide false information, or engage in behavior that is harmful to other users or the integrity of the exchange.

Permitted Use of Service

Polymarket grants you a limited, non-exclusive, non-transferable, revocable license to access and use the platform solely for lawful personal or commercial purposes in accordance with these terms. The service is designed for trading on the outcomes of real-world events, and users are expected to engage with the exchange in good faith and in accordance with all applicable market rules. You agree not to use this platform in any manner that could impair its performance, disrupt other users' experience, or undermine the integrity of any market. The exchange's APIs and data feeds may only be accessed for purposes explicitly authorized by the platform, and any commercial use of market data requires a separate written agreement. Users are responsible for all taxes, fees, and regulatory obligations arising from their trading activity on the service. This tool is provided as-is for use in its intended capacity, and any other use is strictly prohibited under these terms.

Intellectual Property Rights

All content, software, design elements, trademarks, and intellectual property displayed on or accessible through the platform are owned by or licensed to the operating entity behind this exchange and are protected by applicable intellectual property laws. You are granted no ownership rights to any content or materials on the service, and nothing in these terms should be construed as transferring any intellectual property rights to you. Users may not copy, reproduce, distribute, modify, create derivative works of, publicly display, or commercially exploit any proprietary content from this platform without prior written consent. The smart contracts underlying the exchange may be open-source and subject to their respective open-source licenses, which are separate from the intellectual property protections applicable to other platform components. Any feedback, suggestions, or ideas you submit to the service may be used by the platform without compensation or attribution to you. Unauthorized use of the exchange's intellectual property may result in account termination and legal action.

Prohibited Conduct on Polymarket

Users of the platform are strictly prohibited from engaging in market manipulation, wash trading, collusion, or any other conduct designed to artificially influence market prices or outcomes. The exchange prohibits the use of bots, scripts, or automated tools to gain an unfair trading advantage unless explicitly authorized through the platform's official API program. Users may not attempt to hack, reverse-engineer, or otherwise compromise the technical infrastructure of this service or its underlying smart contracts. Spreading false information with the intent to manipulate market outcomes is a serious violation of these terms and may expose you to legal liability. The platform prohibits any use of the service to facilitate money laundering, terrorist financing, or any other illegal financial activity. Any attempt to create markets or trade on events involving illegal activity, exploitation of vulnerable persons, or content that violates public decency standards will result in immediate and permanent account termination.

Disclaimers of Warranties

The platform is provided on an 'as is' and 'as available' basis without warranties of any kind, whether express or implied. This exchange makes no representations or warranties regarding the accuracy, completeness, reliability, or timeliness of any market data, probability estimates, or other information displayed on the service. The platform does not warrant that the service will be uninterrupted, error-free, or free of viruses or other harmful components. All trading on this service involves substantial financial risk, and the exchange expressly disclaims any implied warranty of fitness for a particular purpose or merchantability. Past performance of markets on this platform is not indicative of future results, and no information on the service constitutes financial, investment, or legal advice. Users assume all risk associated with their trading activity on the exchange, and the platform shall not be liable for any financial losses incurred through use of the service.

Limitation of Liability

To the fullest extent permitted by applicable law, Polymarket and its affiliates, officers, directors, employees, and agents shall not be liable for any indirect, incidental, special, consequential, or punitive damages arising from your use of or inability to use the service. The platform's total aggregate liability to any individual user for any claims arising under these terms shall not exceed the total fees paid by that user to the exchange in the twelve months preceding the claim. This limitation of liability applies regardless of the theory of liability, whether based in contract, tort, negligence, strict liability, or otherwise, and even if the service has been advised of the possibility of such damages. Some jurisdictions do not allow the exclusion or limitation of certain damages, and in such jurisdictions the liability of this exchange shall be limited to the maximum extent permitted by law. The platform shall not be liable for any losses arising from blockchain network failures, smart contract bugs, or other decentralized infrastructure events that are beyond its direct control. Users are encouraged to trade only amounts they can afford to lose and to seek independent professional advice before making financial decisions on the service.

Indemnification

You agree to indemnify, defend, and hold harmless the platform and its affiliates, officers, directors, employees, contractors, and agents from and against any claims, liabilities, damages, losses, costs, and expenses, including reasonable legal fees, arising from your use of the exchange or any violation of these terms. This indemnification obligation applies to claims arising from your trading activity, your violation of any applicable law or regulation, your infringement of any third-party intellectual property or privacy rights, and any misrepresentation you make in connection with your use of the service. The platform reserves the right to assume exclusive control of the defense of any matter subject to indemnification by you, at your expense, and you agree to cooperate fully with such defense. You may not settle any indemnified claim without the prior written consent of this exchange. This indemnification obligation survives the termination of your account and your cessation of use of the platform. The exchange will notify you promptly of any claim subject to this indemnification provision.

Dispute Resolution and Polymarket Arbitration

Any dispute, controversy, or claim arising out of or relating to these terms or your use of the platform shall be resolved through binding arbitration rather than litigation, to the fullest extent permitted by applicable law. Arbitration proceedings shall be conducted by a recognized arbitration body in accordance with its commercial arbitration rules, and the decision of the arbitrator shall be final and binding. Before initiating formal arbitration, users are required to submit a written notice of dispute to the exchange and attempt to resolve the matter informally for a period of 30 days. Class action lawsuits and class-wide arbitration are expressly waived, and all disputes must be brought on an individual basis. Nothing in this section prevents either party from seeking emergency injunctive or other equitable relief from a court of competent jurisdiction to prevent irreparable harm. The governing law for all disputes involving the service shall be specified in the platform's official legal documentation, and users consent to the jurisdiction of the designated forum for any disputes that cannot be resolved through arbitration.

Account Termination

The platform reserves the right to suspend or permanently terminate your account and access to the service at any time and for any reason, including but not limited to violation of these terms, fraudulent activity, or regulatory requirements. This exchange will endeavor to provide reasonable notice of termination where practicable, except where immediate action is required to protect the platform, other users, or third parties. Upon termination, your right to access and use the service ceases immediately, and any open positions may be closed or voided at the discretion of the platform in accordance with applicable market rules. You may also terminate your account voluntarily at any time by following the account closure procedures provided within the service. Termination does not relieve you of any obligations incurred prior to the termination date, including outstanding financial liabilities or indemnification obligations. Provisions of these terms that by their nature should survive termination shall continue to apply following the closure of your account on this exchange.

Changes to Terms of Service

Polymarket reserves the right to modify these Terms of Service at any time in its sole discretion. When the platform makes material changes to these terms, it will provide advance notice through the website, registered email addresses, or other prominent means at least 14 days before the changes take effect, except where shorter notice is required by law or emergency circumstances. The updated terms will be posted on the official website with a revised effective date. Your continued use of the service after the effective date of any modification constitutes your binding acceptance of the updated terms. If you disagree with any changes to these terms, your sole remedy is to discontinue use of this exchange and to close your account in accordance with the termination procedures described herein. The platform encourages all users to review these terms periodically to ensure they remain informed of the conditions governing their use of the service.