Risk Disclosure

Draft for counsel review - not yet in force. Last updated: 10 July 2026.

HyperCombos removes the house, not the risk. Combo tickets on outcome markets can lose their entire stake immediately and completely. Use only money you can afford to lose. This page is a disclosure, not advice.

Total loss: a combo pays only if every leg wins; one losing leg makes the whole ticket worth zero. The probability of losing compounds with each leg you add. Maximum loss is bounded at your stake - outcome markets are fully collateralized, with no leverage and no liquidations - but that bound is the only one.
Sequential execution and price risk: in float mode, capital rolls leg to leg and later legs fill at future prices. The quoted multiplier is an estimate with a published range, not a guarantee; odds can drift against you between quote and entry, and the realized multiplier can land below the estimate.
Liquidity risk: outcome-market books can be thin. Cash-out needs a live bid: exits can cost more than the shown value, wait on liquidity, or - through a market's resolution window - be unavailable entirely, in which case the leg rides to settlement.
Venue and settlement risk: Hyperliquid, not HyperCombos, controls execution, halts, and outcome resolution. Markets can halt, delist, resolve late, resolve wrongly, or settle invalid; the venue's own terms disclaim any involvement in settlement and warn that outcome markets can bring immediate and total loss. Our guard policies apply the void rule (skip at multiplier 1.0) but cannot make the venue resolve correctly. No one warrants that any market is free of manipulation or of participants with better information than you.
Operator and key risk: agent keys can trade but never withdraw (a Hyperliquid protocol property), every order passes a deterministic policy firewall, and each ticket is isolated in its own account - so a compromised trading key is bounded by that ticket's stake. But ticket accounts are operator-secured today: a fully compromised operator could reach stakes held in open tickets, until the roadmap escrow contract removes the operator from custody. If HyperCombos itself goes down, execution parks where it was - USDC between legs, or the already-entered position - and reconciles on restart; the worst case is waiting, not blind trading. Your own wallet software is a further third-party risk we do not control.
Locked combos (vault counterparty and contract risk): a locked multiplier is a claim on the pricing vault. The vault reserves every open ticket's full maximum payout in cash on-chain - solvency does not depend on its hedges - but the vault and ticket contracts are new code: bugs could impair claims despite invariant tests, per-ticket payout caps, and the external audit that gates any uncapped deployment.
Providing liquidity (vault deposits): LP capital takes the other side of locked combos and can lose up to the entire deposit. Yield is spread capture net of ticket losses - never guaranteed. Model error and better-informed flow are the core risks; the caps bound them, they do not remove them. Withdrawals beyond free liquidity join a FIFO queue, redeem at the share price on the day they are paid, and cannot be cancelled.
Irreversibility and no insurance: blockchain transactions are final; there are no refunds, no chargebacks, and no recovery of lost keys. Nothing here is a bank deposit and no balance is protected by FDIC, SIPC, or any deposit-insurance or investor-compensation scheme.
Regulatory risk: prediction markets face active regulatory pressure. HyperCombos geofences restricted jurisdictions (including the United States) server-side, and the venue can exclude outcome markets in further jurisdictions at any time - either can narrow your access with little notice. Every ticket ends in USDC: by cash-out while the book has liquidity, or by riding its legs through settlement.
Collateral risk: everything here settles in USDC, an issuer-backed stablecoin with its own reserve, depeg, and regulatory risks that neither HyperCombos nor Hyperliquid controls.
Taxes: trading outcomes may be taxable where you live. Determining and paying what you owe is your responsibility; we provide no tax advice or reporting.
18+ and responsible use: this product is for adults only. Combo betting is speculative and can be habit-forming; if it stops being entertainment you can afford, stop, and consider seeking help from a problem-gambling support organization.