API Terms & Conditions

These Terms and Conditions ("Terms") constitute a legally binding agreement between you ("User," "you," or "your") and Predikt ("Company," "we," "us," or "our") governing your access to and use of the Predikt Public API ("API" or "Service").

By accessing or using the API, you represent and warrant that you have the legal capacity to enter into these Terms. If you are using the API on behalf of an organization, you represent and warrant that you have the authority to bind that organization to these Terms.

If you do not agree to these Terms, you must not access or use the API. Your continued use of the API constitutes your ongoing acceptance of these Terms and any modifications thereto.

2.1 Account Creation

To use the API, you must create an API account by connecting a valid Solana wallet address. You are responsible for maintaining the security of your wallet and any associated private keys. We will never ask for your private keys.

2.2 Account Security

You are solely responsible for:

• Maintaining the confidentiality of your API keys
• All activities that occur under your account
• Notifying us immediately of any unauthorized use of your account
• Ensuring your API keys are not exposed in client-side code, public repositories, or shared with unauthorized parties

2.3 Account Information

You agree to provide accurate, current, and complete information during the registration process and to update such information to keep it accurate, current, and complete.

3.1 Prepaid Balance

The API operates on a prepaid balance model. You must deposit funds (SOL or USDC) to your API account before making requests. All API usage is deducted from your prepaid balance in real-time.

3.2 Non-Refundable Deposits

Important: All deposits are final and non-refundable. There are no withdrawals. By depositing funds, you acknowledge and accept that these funds cannot be withdrawn and can only be used for API services. Only deposit what you intend to use.

3.3 Pricing

API pricing is published on our Billing & Pricing page. We reserve the right to modify pricing at any time with reasonable notice. Continued use of the API after pricing changes constitutes acceptance of the new pricing.

3.4 Currency Conversion

Deposits in SOL are converted to USD at the current market rate at the time of deposit. USDC deposits are credited at a 1:1 USD rate. We are not responsible for any losses due to cryptocurrency price fluctuations.

3.5 Minimum Balance

Certain features (such as WebSocket connections) require a minimum account balance. If your balance falls below the required minimum, access to these features may be suspended until additional funds are deposited.

4.1 Permitted Use

You may use the API for lawful purposes only, including but not limited to:

• Building applications that consume price data and market information
• Automating market resolution using AI consensus
• Integrating prediction market data into your products
• Research and development purposes

4.2 Prohibited Use

You agree NOT to:

• Use the API for any illegal, fraudulent, or unauthorized purpose
• Attempt to circumvent rate limits, authentication, or security measures
• Reverse engineer, decompile, or attempt to extract source code from the API
• Use the API to transmit malware, viruses, or other malicious code
• Resell, redistribute, or sublicense API access without authorization
• Use the API in a manner that could damage, disable, or impair our servers
• Scrape, harvest, or collect data in violation of applicable laws
• Use automated systems to make requests beyond your rate limits
• Impersonate any person or entity or misrepresent your affiliation
• Use the API to manipulate markets or engage in market manipulation
• Interfere with other users' access to or use of the API
• Use callback URLs that target internal networks, localhost, or private IP addresses

4.3 Rate Limits

API access is subject to rate limits based on your account tier. Exceeding rate limits may result in temporary throttling or suspension. Persistent abuse may result in permanent account termination.

5.1 Data Collection

We collect and process the following data:

• Wallet addresses associated with API accounts
• API request logs (endpoints, parameters, timestamps)
• Usage statistics and billing information
• Callback URLs provided for webhooks

5.2 Data Use

We use collected data to:

• Provide and improve the API service
• Process billing and maintain account balances
• Enforce rate limits and detect abuse
• Generate aggregate usage statistics
• Comply with legal obligations

5.3 Data Retention

API request logs are retained for 90 days. Account information is retained for the duration of your account and for a reasonable period thereafter for legal and operational purposes.

5.4 Third-Party Data

Price data and market information provided through the API may be sourced from third-party providers including Birdeye, CoinGecko, and Jupiter. Your use of this data is subject to any applicable third-party terms.

6.1 Our Rights

The API, including all software, algorithms, documentation, and related materials, is owned by Predikt and protected by intellectual property laws. Nothing in these Terms grants you any ownership rights in the API.

6.2 License Grant

Subject to your compliance with these Terms, we grant you a limited, non-exclusive, non-transferable, revocable license to access and use the API solely for your internal business purposes.

6.3 Feedback

Any feedback, suggestions, or ideas you provide regarding the API may be used by us without any obligation to you.

7.1 Availability

We strive to maintain high availability but do not guarantee uninterrupted access to the API. The API may be unavailable due to maintenance, updates, or circumstances beyond our control.

7.2 Modifications

We reserve the right to modify, suspend, or discontinue any part of the API at any time, with or without notice. We will make reasonable efforts to provide advance notice of significant changes.

7.3 Scheduled Maintenance

Scheduled maintenance windows will be announced in advance when possible. During maintenance, some or all API functionality may be unavailable.

8.1 "AS IS" Basis

The API is provided "as is" and "as available" without warranties of any kind, either express or implied, including but not limited to implied warranties of merchantability, fitness for a particular purpose, title, and non-infringement.

8.2 Data Accuracy

While we strive to provide accurate data, we do not warrant the accuracy, completeness, or reliability of any data provided through the API. Price data, AI resolutions, and market information are provided for informational purposes only.

8.3 No Financial Advice

Nothing provided through the API constitutes financial, investment, legal, or tax advice. You should consult qualified professionals before making any financial decisions based on API data.

8.4 AI Resolution Disclaimer

AI-powered market resolutions are generated using multi-model consensus but are not guaranteed to be accurate. AI models may produce incorrect results, and you should not rely solely on AI resolutions for critical decisions.

8.5 Third-Party Services

We are not responsible for the availability, accuracy, or performance of third-party services integrated with the API, including price data providers and blockchain networks.

To the maximum extent permitted by law, in no event shall Predikt, its affiliates, directors, employees, or agents be liable for any indirect, incidental, special, consequential, or punitive damages, including but not limited to loss of profits, data, use, or goodwill, arising out of or related to your use of the API, regardless of whether such damages were foreseeable or whether we were advised of the possibility of such damages.

Our total liability for any claims arising from these Terms or your use of the API shall not exceed the amount you paid to us in the twelve (12) months preceding the claim.

You agree to indemnify, defend, and hold harmless Predikt and its affiliates, directors, officers, employees, and agents from and against any and all claims, damages, losses, liabilities, costs, and expenses (including reasonable attorneys' fees) arising out of or related to:

• Your use of the API
• Your violation of these Terms
• Your violation of any applicable laws or regulations
• Your infringement of any third-party rights
• Any content or data you transmit through the API

11.1 Suspension

We may suspend your API access immediately if:

• You violate these Terms or our Acceptable Use Policy
• We detect suspicious or potentially fraudulent activity
• Your account balance is insufficient for required operations
• Required by law or to protect our systems and users

11.2 Termination

Either party may terminate this agreement at any time. Upon termination, your API access will be revoked, and any remaining balance will be forfeited (deposits are non-refundable).

11.3 Effect of Termination

Upon termination, all licenses granted to you will immediately terminate. Sections of these Terms that by their nature should survive termination will survive, including Disclaimers, Limitation of Liability, and Indemnification.

12.1 Governing Law

These Terms shall be governed by and construed in accordance with the laws of the jurisdiction in which Predikt operates, without regard to its conflict of law provisions.

12.2 Dispute Resolution

Any disputes arising from these Terms or your use of the API shall first be attempted to be resolved through good-faith negotiation. If negotiation fails, disputes shall be resolved through binding arbitration in accordance with applicable arbitration rules.

12.3 Class Action Waiver

You agree to resolve any disputes on an individual basis and waive any right to participate in class action lawsuits or class-wide arbitration.

We reserve the right to modify these Terms at any time. We will notify you of material changes by posting the updated Terms on this page with a new "Last updated" date. Your continued use of the API after such changes constitutes your acceptance of the modified Terms.

It is your responsibility to review these Terms periodically for changes. If you do not agree to the modified Terms, you must stop using the API.

14.1 Entire Agreement

These Terms constitute the entire agreement between you and Predikt regarding the API and supersede all prior agreements and understandings.

14.2 Severability

If any provision of these Terms is found to be unenforceable, the remaining provisions will continue in full force and effect.

14.3 Waiver

Our failure to enforce any right or provision of these Terms will not be considered a waiver of such right or provision.

14.4 Assignment

You may not assign or transfer these Terms or your rights hereunder without our prior written consent. We may assign these Terms without restriction.

14.5 Force Majeure

We shall not be liable for any failure or delay in performance due to circumstances beyond our reasonable control, including natural disasters, war, terrorism, riots, embargoes, acts of civil or military authorities, fire, floods, accidents, strikes, or shortages of transportation, facilities, fuel, energy, labor, or materials.

If you have any questions about these Terms or the API, please contact us through our official channels or submit an enterprise inquiry through the API dashboard.