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Risks

What can go wrong during the beta, in plain words. Read it before you trade.

This is a beta

  • Colysium is new, and so is Elysium mainnet. Expect rough edges, and only put in what you can afford to lose.
  • The smart contracts have not been audited yet. Their source is verified on the explorer, so anyone can read exactly what runs.

How Predict rounds are decided

  • During the beta, Bitcoin rounds are settled by Colysium from Hyperliquid's price at the bell. The contract checks that a listed reporter signed the price, not that the price is right, so you rely on Colysium to post it honestly.
  • If no price arrives within 10 minutes of a round's end, the round is void and every share, Up or Down, pays $0.50.
  • A round's strike and result can't be changed once posted, and redeems keep working while trading is paused.

What the admin can do

  • One wallet controlled by the founder holds the owner, guardian and treasury roles during the beta.
  • It can pause new orders and new rounds, add or pause a market, and lower the per-order and per-round limits in an emergency. It can never move your funds.
  • On the launchpad, protocol changes wait 6 hours in a public timelock before they take effect, so you can see them coming.

Money and networks

  • USDC on Elysium is bridged from HyperEVM. It is not issued by Circle on Elysium, so it depends on the bridge that carries it.
  • Bridges add their own risk. Transfers through a third-party bridge depend on that bridge, and withdrawals through Kinetiq's bridge take days to clear.
  • Every transaction is yours to sign. Colysium never holds your keys or your funds.