Terms of Service

Last updated: March 2024

1. Acceptance of Terms

By accessing and using Parallax ("the Service"), you accept and agree to be bound by the terms and provision of this agreement. If you do not agree to abide by these terms, please do not use this service.

2. Description of Service

Parallax provides arbitrage detection and alert services for prediction markets, specifically monitoring price discrepancies between platforms such as Polymarket and Kalshi. The Service includes:

  • Real-time and delayed arbitrage opportunity detection
  • Multi-channel alert notifications
  • Historical data and analytics
  • API access for programmatic integration

3. Not Financial Advice

The information provided by Parallax is for informational purposes only and should not be considered as financial, investment, or trading advice. You acknowledge that:

  • All trading decisions are made solely at your own risk
  • Prediction market trading involves substantial risk of loss
  • Past performance does not guarantee future results
  • We do not recommend any specific trades or positions

4. User Responsibilities

As a user of the Service, you agree to:

  • Provide accurate and complete registration information
  • Maintain the confidentiality of your account credentials
  • Comply with all applicable laws and regulations
  • Not use the Service for any illegal or unauthorized purpose
  • Not attempt to circumvent any security measures

5. Subscription and Billing

Access to certain features requires a paid subscription. By subscribing, you agree to:

  • Pay the applicable subscription fees in advance
  • Automatic renewal unless cancelled before the renewal date
  • No refunds for partial subscription periods, except as required by law
  • Price changes will be communicated 30 days in advance

6. Intellectual Property

All content, features, and functionality of the Service, including but not limited to information, software, text, graphics, and logos, are the exclusive property of Parallax and are protected by international copyright, trademark, and other intellectual property laws.

7. Limitation of Liability

To the maximum extent permitted by law, Parallax shall not be liable for any indirect, incidental, special, consequential, or punitive damages, including but not limited to loss of profits, data, use, or other intangible losses, resulting from:

  • Your use or inability to use the Service
  • Any trading decisions made based on the Service
  • Unauthorized access to your data or account
  • System downtime or technical failures

8. Termination

We reserve the right to terminate or suspend your account and access to the Service at our sole discretion, without notice, for conduct that we believe violates these Terms or is harmful to other users, us, or third parties, or for any other reason.

9. Changes to Terms

We reserve the right to modify these Terms at any time. We will provide notice of significant changes by posting the new Terms on this page and updating the "Last updated" date. Your continued use of the Service after such changes constitutes acceptance of the new Terms.

10. Contact Information

For any questions about these Terms, please contact us at legal@parallax.io.