Risk Disclosure

Trading through Miramarket is speculative. You may lose some or all of the amounts you commit to a market, asset, strategy, or transaction. With leveraged perpetual futures, you can lose your entire margin through liquidation.

Miramarket does not recommend markets, assets, or strategies, and does not guarantee execution or profitability. It does not control the venues, asset issuers, wallets, bridges, data providers, smart contracts, or market resolution processes it connects to.

This Risk Disclosure describes material risks of using Miramarket, including our website, strategy builder app, command-line interface (CLI), Model Context Protocol (MCP) server, APIs, market discovery tools, automation workflows, AI-assisted features, and related services (collectively, the Service).

It applies to everyone who views market information, creates strategies, or connects wallets or accounts, and to everyone who trades through or in connection with the Service. Miramarket currently supports Polymarket prediction markets, Hyperliquid perpetual futures (including third-party HIP-3 markets), and tokenized stocks on the Base network.

This disclosure is not exhaustive. Other risks, including risks Miramarket does not currently know about or considers immaterial, may also cause losses, restricted access, failed transactions, or other harm.

You alone are responsible for deciding whether any market, asset, strategy, position, leverage level, automation rule, or transfer is appropriate for you. Before using the Service, consider your objectives, financial circumstances, risk tolerance, legal eligibility, and technical understanding.

Trading through the Service is speculative. You may lose some or all of the amounts you commit to any market, asset, strategy, or transaction. Do not commit funds you cannot afford to lose.

You remain responsible for reviewing, approving, monitoring, modifying, pausing, and stopping any strategy or trade you start through the Service. This includes strategies started through the CLI or by an AI agent you connect.

Prediction markets depend on uncertain future events, the information available about them, how markets interpret it, and how markets are resolved. Outcomes may be affected by breaking news, venue rules, oracle decisions, disputes, delayed resolution, ambiguous event criteria, or changes in public information.

A market may resolve differently from what you expect, even when your analysis seems reasonable. Market prices may reflect incomplete, stale, manipulated, or rapidly changing information. Do not treat them as reliable forecasts or guarantees.

Miramarket does not control market creation, event resolution, dispute procedures, settlement rules, or payouts on Polymarket.

Hyperliquid perpetual futures are leveraged derivatives and are among the riskiest products you can trade through Miramarket. In particular:

• Leverage magnifies both gains and losses. A small price move against you can wipe out your margin
• If your margin falls below the venue's maintenance requirement, your position can be liquidated automatically, often at an unfavorable price, and you can lose all of the margin backing it
• On Hyperliquid's main exchange, positions use cross margin. Losses on one position can reduce the margin available to your other positions and put your whole perpetuals balance at risk
• HIP-3 markets use isolated margin, so each position can be liquidated on its own
• You pay or receive funding payments while a position is open. These can add up to significant costs over time
• Positions may be closed by the venue's auto-deleveraging or other risk mechanisms, regardless of your strategy
• Mark prices, oracle prices, and last-traded prices can differ, and liquidations follow the venue's prices, not the prices you see elsewhere
• Maximum leverage, margin requirements, and minimum order sizes are set by the venue and can change

HIP-3 markets that track stocks, indices, commodities, currencies, and rates are deployed and operated by third parties, not by Hyperliquid or Miramarket. These deployers choose the price oracles and settings for their markets, and they may halt, delist, or settle a market. These markets may trade around the clock while the underlying asset's market is closed, so prices can gap sharply when it reopens. Their prices may also drift away from the underlying asset.

Tokenized stocks on Base are blockchain tokens designed to track the price of a stock. They are not the stock itself, and they carry risks that owning the stock does not:

• They may not give you the rights of a shareholder, such as voting rights or direct claims on dividends
• Their value depends on the issuer, any custodian of the underlying shares, and the smart contracts involved. If any of them fails, is hacked, or becomes insolvent, the tokens may lose some or all of their value
• Miramarket trades them through decentralized exchange pools. Pool prices can differ from the stock's market price, and pools may have little liquidity
• Reference prices from oracles, such as Chainlink feeds or pool time-weighted averages, may lag, be unavailable, or be wrong
• Trading may continue while the stock market is closed, so prices can gap when it reopens. Corporate actions, such as splits or dividends, may be reflected late or imperfectly
• Tokenized securities are subject to legal restrictions and evolving regulation, and may be unavailable in your jurisdiction

You may lose the entire amount allocated to a market, asset, strategy, or position. With leveraged perpetuals, you can lose all of your margin. Losses may arise from many causes, including:

• Adverse price movements, event resolution, or liquidation
• Fees and funding payments
• Failed exits or insufficient liquidity
• Venue restrictions
• Smart contract or bridge failures
• Wallet compromise
• Operational errors

A strategy may create concentrated exposure, or exposure that is correlated across related markets, or exposure that changes over time based on its conditions. Automated rules may increase, decrease, maintain, or fail to adjust your exposure in ways you did not anticipate.

No risk control, stop condition, allocation limit, notification, simulation, or automation feature can eliminate the possibility of loss.

Markets may be illiquid. Order books and pools may be thin, spreads may be wide, and trading volume may disappear without notice. You may be unable to enter, modify, hedge, or exit a position when you want, or at the price you expect.

Orders may execute at prices materially different from displayed, estimated, simulated, or expected prices. Slippage tends to increase during volatility, low liquidity, network congestion, or rapid news.

Orders and transactions may fail, partially fill, expire, be rejected, or remain pending. An order may also be refused because it is below a venue's minimum size or above the leverage the venue allows.

Strategies can include conditional triggers, timing rules, order sizes, leverage, exits, and settlement settings. Incorrect configuration, misunderstood logic, stale assumptions, or user error can cause unintended trades or losses.

Live strategies keep running when you are away, and after market conditions have changed or the reason for the strategy no longer applies. You are responsible for monitoring every strategy you start and stopping it when needed.

Other risks of automation include:

• To fund a step, Miramarket may automatically move your funds between networks and venues. Each move adds fees and delay, and a step may fail if funds do not arrive in time
• When a strategy completes, unresolved positions are either held or sold, depending on your settlement setting. Either choice can produce a worse result than the alternative
• Small leftover positions or balances may remain after a strategy ends, and may be uneconomical to sell
• Editing a running strategy changes only its future steps. An edit may interact with earlier steps in ways you did not expect

Demo runs, previews, examples, and simulations are illustrative only. They may rely on simplified assumptions and may not reflect liquidity, fees, slippage, funding, liquidation, outages, market impact, venue restrictions, or future conditions.

Your funds are held in an embedded wallet created through Privy, and in wallets and venue accounts linked to it. When you run strategies, you authorize Miramarket's servers to sign transactions for that wallet through a Privy session signer. This delegated authority creates risks:

• If Miramarket's systems, Privy, or your sign-in methods are compromised, unauthorized transactions could occur
• A software error could cause a transaction you did not intend
• If Privy or Miramarket is unavailable, you may be unable to access your wallet, manage positions, or withdraw funds
• If you lose access to your sign-in methods, you may lose access to your wallet

Miramarket will never ask for your private key or recovery phrase.

Miramarket moves funds between Polygon, Base, Hyperliquid, and other networks using bridge and transfer services, such as Relay and Circle's Cross-Chain Transfer Protocol (CCTP). These moves happen when you request them, and automatically when a strategy needs funds on another network.

Transfers can be delayed, become stuck, require manual recovery, or fail. Bridge fees reduce the amount that arrives. Bridges and their smart contracts have been exploited in the past, which can result in permanent loss of the funds in transit. While a transfer is in progress, your funds may sit on a network or venue you did not expect.

The Service includes AI features that turn plain-English descriptions into strategies and edit existing strategies, and you can connect your own AI agents through MCP. AI outputs and agent actions may be inaccurate, incomplete, outdated, biased, internally inconsistent, or unsuitable for your intended use.

AI-assisted outputs are not recommendations. Do not rely on them as the only basis for any financial, legal, tax, trading, or market decision. Review and validate every AI-generated strategy, parameter, leverage setting, and explanation yourself before acting on it. Supervise any agent you allow to act on your account.

Miramarket does not guarantee that AI tools will identify all relevant risks, detect flawed assumptions, prevent errors in strategy logic, or produce results consistent with your objectives.

The Service displays and relies on data from venues, price oracles, market data providers, blockchain networks, APIs, and indexers. This data may be delayed, incomplete, inaccurate, unavailable, misclassified, or inconsistent across sources.

Incorrect or delayed data may cause a strategy to trigger when it should not, or fail to trigger when it should. It may also display incorrect information about exposure, returns, prices, liquidity, fills, balances, positions, or market status.

Miramarket does not independently verify all third-party data, and does not guarantee the accuracy, completeness, timeliness, or availability of any market data or external information.

Miramarket depends on third parties, including:

• Trading venues such as Polymarket and Hyperliquid, and HIP-3 market deployers
• Tokenized-stock issuers and decentralized exchanges
• Privy
• Bridge and transfer services
• RPC providers, indexers, and blockchain networks

Any of these may experience outages, maintenance, rate limits, degraded performance, security incidents, interface changes, policy changes, access restrictions, data errors, or transaction failures. Any such issue may prevent you from accessing the Service, managing strategies, viewing balances, entering or exiting positions, or completing transactions.

Miramarket is not responsible for the operation, availability, security, solvency, rules, fees, or conduct of any venue, issuer, protocol, infrastructure provider, or other third-party service.

Trading through the Service involves digital assets, blockchain transactions, smart contracts, token approvals, decentralized exchanges, and bridges. Any of these may contain bugs, design flaws, vulnerabilities, upgrade risks, governance risks, or economic exploits.

Balances are held in stablecoins and stablecoin-backed tokens, such as USDC, USDC.e, and Polymarket's pUSD. These can lose their peg, be frozen by their issuer, or become illiquid.

Blockchain transactions may be irreversible once submitted or confirmed. You may suffer losses due to many causes, including:

• Incorrect withdrawal addresses
• Unauthorized transactions or compromised credentials
• Malicious approvals
• Network congestion or high fees
• Chain reorganizations or forks
• Failed confirmations or smart contract failures

Your returns are reduced by fees and costs, which add up across many trades and transfers, especially for small or frequently trading strategies. These include:

• Miramarket's builder fees
• Venue trading fees
• Funding payments
• Network fees
• Bridge and swap fees
• Slippage

You are responsible for any tax and reporting obligations arising from your activity, and the tax treatment of these products may be uncertain.

Access to prediction markets, perpetual futures, tokenized securities, and digital assets may be restricted or prohibited depending on many factors, including:

• Your location, citizenship, or residency
• Your user status or identity verification
• Your sanctions status
• Venue or issuer rules
• Applicable law

Miramarket and the venues apply location restrictions, eligibility checks, and compliance controls. These may change without notice. They may prevent you from accessing markets, creating or starting strategies, executing transactions, managing open positions, or using certain features.

Laws and regulations for these products are evolving and may change in ways that restrict or end access to a venue, asset, or feature. You are solely responsible for complying with the laws, regulations, venue terms, tax obligations, reporting obligations, and eligibility requirements that apply to you. Circumventing location restrictions, access controls, or venue rules is prohibited.

Miramarket provides software tools and information for market discovery, strategy construction, automation, and analysis. Miramarket does not provide financial, investment, legal, tax, accounting, trading, or other professional advice.

Nothing in the Service is a recommendation to buy, sell, hold, hedge, trade, leverage, enter, exit, or avoid any market, outcome, contract, token, position, strategy, or platform. No communication from Miramarket creates a fiduciary, advisory, broker-client, investment adviser, agency, or similar relationship.

Past performance, historical prices, simulated results, examples, templates, strategy previews, and market probabilities do not indicate future results. Miramarket does not guarantee profitability, execution, liquidity, market access, data accuracy, tax treatment, or regulatory treatment.

The Service includes new and evolving features, venues, and assets. Any of them may be changed, suspended, limited, discontinued, or withdrawn at any time without notice.

The Service may be unavailable, delayed, degraded, or inaccurate. Causes include maintenance, defects, security incidents, high demand, provider failures, network conditions, and regulatory changes. An interruption may stop strategies from running as intended, or prevent you from monitoring strategies, managing positions, or withdrawing funds.

Do not rely on Miramarket as your only means of monitoring markets, managing risk, or accessing your positions. Keep independent access to your accounts, wallets, venues, and records where appropriate.

By accessing or using the Service, you acknowledge that you have read and understood this Risk Disclosure and the risks it describes. You also accept full responsibility for your use of the Service and any related market activity.

If you do not understand these risks or are not willing to accept them, do not use the Service or trade through Miramarket.