This Notice applies to users who access or use the Prediction Futures and Flash Futures products provided by the Platform. Prediction Futures and Flash Futures are two types of trading products offered under LBank’s Prediction Market service. Before using these products, users should carefully read, understand, and confirm this Notice, as well as the relevant rules, risk disclosures, and product descriptions published by the Platform from time to time. By using these products, users are deemed to have fully understood and accepted the trading mechanisms, settlement rules, and related risks of these products.

Product Nature

Prediction Futures and Flash Futures are high-risk trading products. Product outcomes may be affected by market price fluctuations, event developments, delays in data sources, inaccuracies in third-party information, network abnormalities, and other uncontrollable factors.

The Platform only provides technical services, including product display, trade matching, data access, outcome calculation, and settlement processing. The Platform is not a counterparty to any user transaction and does not guarantee principal protection, fixed returns, investment returns, or any specific outcome.

Any judgment or trading decision made by a user in connection with these products shall be based on the user’s own independent assessment. Prices, probabilities, outcomes, data, analysis, or third-party information displayed by the Platform are for reference only and do not constitute investment advice, trading advice, or any guarantee of returns.

Special Provisions for Prediction Futures

The outcome of Prediction Futures depends on the final occurrence of a specific event under the agreed time, agreed conditions, and agreed information sources. Relevant reference sources may include Polymarket, authoritative third-party data platforms, and other information sources recognized by the Platform. Due to differences in wording, delays in official results, inconsistent third-party conclusions, or the complexity of real-world circumstances, certain events may result in outcomes that are unclear, disputed, or difficult to classify directly as a single result.

Where the outcome of an event is clear, the Platform will settle the product in accordance with the settlement rules displayed on the product page, the designated data source, publicly available third-party information, or other reasonable grounds.

Where the outcome of an event cannot be clearly determined, falls between different outcomes, involves conflicting third-party conclusions, or lacks official information, the Platform reserves the right to make a final determination in accordance with the product rules, authoritative third-party conclusions, market practice, and principles of fairness and reasonableness. The Platform may refer to, but is not necessarily bound by, conclusions from other third-party platforms, data service providers, news sources, official announcements, or parties related to the event.

Users understand and agree that the determination of event outcomes in Prediction Futures may involve interpretative discretion. The Platform’s final determination regarding a disputed event may differ from a user’s personal understanding, third-party views, or the handling approach adopted by other platforms, and users shall bear any resulting trading losses or opportunity costs.

Special Provisions for Flash Futures

The outcome of Flash Futures usually depends on prices, API data, or other external data sources at a specific point in time or during a specific time period. Relevant data may come from Chainlink, third-party APIs, exchange market data, index service providers, or other data sources recognized by the Platform.

Due to blockchain network congestion, node synchronization delays, API response delays, or other technical reasons, the data displayed to users on the frontend, the data shown at the time of order placement, and the data used for final settlement may differ.

Flash Futures shall be settled based on the final value, valuation time, data source, and calculation method determined under the Platform rules. Users may not request any change to the final settlement result solely on the basis of display delays, results shown on a personal device, screenshots of third-party market data, or any other data not confirmed by the Platform.

If a designated data source is interrupted, clearly abnormal, returns erroneous data, or otherwise fails to satisfy normal settlement requirements, the Platform reserves the right to handle the matter in accordance with backup data sources, reasonable substitute data, abnormal event handling rules, or principles of fairness and reasonableness, including but not limited to delayed settlement, re-sampling, use of backup prices, cancellation of abnormal orders, or other necessary measures.

User Risk Acknowledgement

Before using these products, users should specifically acknowledge and accept the following risks:

These products are highly volatile and highly uncertain. Users may suffer significant losses or a total loss within a short period of time.
Events underlying Prediction Futures may produce outcomes that are not entirely clear or are subject to dispute, and the Platform’s final settlement result may differ from a user’s expectations.
Flash Futures rely on external data sources and technical systems. API delays, data delays, network abnormalities, or differences in system processing time may affect the final settlement result.
The Platform does not guarantee that any data source will remain continuous, accurate, complete, timely, or error-free, and shall not bear responsibility for any interruption, delay, error, or unavailability of third-party data sources beyond the scope provided under the Platform rules.
Users should carefully decide whether to use these products based on their own risk tolerance, financial condition, trading experience, and the legal and regulatory requirements applicable in their place of residence.
Users shall independently ensure that their use of these products does not violate any applicable laws, regulations, regulatory requirements, or Platform restriction rules in their country or region. If any liability arises from a user’s violation of applicable local laws, regulations, or Platform rules, such liability shall be borne solely by the user.

Platform Rights to Take Action

To maintain trading order, system security, and fairness to users, the Platform reserves the right to take necessary measures in the event of abnormal market conditions, abnormal data sources, system failures, exploitation of rule loopholes, or other circumstances affecting normal trading or settlement. Such measures include, but are not limited to, suspension of trading, delayed settlement, cancellation of abnormal orders, recovery of abnormal gains, or other reasonable actions.

The Platform will use reasonable commercial efforts to ensure clear product rules, prudent data handling, and fair settlement procedures. However, users understand and agree that, because these products involve external events, third-party data, and technical systems, disputes, delays, or errors cannot be completely eliminated. By using these products, users acknowledge that they have fully understood and voluntarily assumed the related risks.