Risk Disclosure
You can lose all the money you put into Nietspe. Only use money you can afford to lose. Read this page before trading.
Your wallet and your Nietspe balance
Money in your own Solana wallet is under your control and on-chain trades are settled by programs. Transactions are final and public. A bug in a program, in the Solana network or in your wallet can cause losses; programs are audited before they handle real money, but an audit does not remove all risk. If you lose access to your wallet or your sign-in, nobody, including Nietspe, can recover the funds. USDC is a stablecoin issued by a third party (Circle) and carries its own risks.
Money in your Nietspe balance is held by Nietspe on your behalf. While it is there you depend on Nietspe: on our security, on our solvency and on our ability to process withdrawals. A hack of our systems, an operational failure or a regulatory order could delay or prevent withdrawals. Keep in your Nietspe balance only what you need to use the features that rely on it.
Prices are synthetic
Each index is calculated by Nietspe from trading on the platform, a pricing curve and the events and data sources described on the market page. It does not follow the price of any share or real asset and can move for reasons unrelated to the person, athlete or artwork it refers to. There may be little liquidity: you may not be able to exit at the price you see.
Leverage multiplies losses
With leverage a small price move against you causes a large loss. When the price reaches the liquidation level your position is closed automatically and you lose the collateral. Take profit and stop loss are executed at the first price available after the level is reached, which in fast markets can be worse than the level you set.
Events and news
Real-world events and news can move prices sharply and suddenly. News shown on Nietspe comes from third-party sources: we do not check it and it is not a recommendation.
No advice
Nothing on Nietspe is investment, financial, legal or tax advice. Rankings, leaderboards and other users' activity are not recommendations.
Platform risk
Markets can be paused, suspended or delisted (for example after a compliance review, a security incident or a legal request). Technical problems can delay or prevent operations.
Regulatory risk
Laws on products like these are changing. New rules may force us to change, limit or stop the Service in some countries.