FAQ (Frequently Asked Questions)

General Questions

What is the difference between Oraclyst and a standard exchange? Oraclyst is not an exchange in the traditional sense. It is a Liquidity Abstraction Protocol. We do not host our own order books. Instead, we aggregate liquidity from Polymarket, Kalshi, and Limitless into a single interface. When you trade on Oraclyst, you are technically executing orders on these underlying venues through our smart routing engine.

Do I need to deposit funds separately for each market? No. This is the primary problem Oraclyst solves. You deposit USDC once into your Oraclyst Vault on the Base network. Our protocol handles the bridging and currency conversion required to trade on Polygon (Polymarket) or settle in USD (Kalshi).

Is Oraclyst custodial? It depends on the tier of service.

• Tier 1 (DeFi): For trades routed to Polymarket and Limitless, we are non-custodial. You hold the keys to your funds on the Base network.

• Tier 2 (Regulated): For trades routed to Kalshi, we utilize an Omnibus custody model because Kalshi requires regulated account structures. In this specific case, Oraclyst holds the position on your behalf.

Trading & Fees

Why is the price on Oraclyst different from the price on Polymarket? The price you see on Oraclyst includes the "All-in Cost." While Polymarket might show a raw price of 50 cents, trading there requires gas fees (MATIC) and potentially bridging fees. Oraclyst displays the effective price after accounting for all network costs and protocol fees, providing a more accurate picture of your entry point.

What is the "Smart Router"? The Smart Router is our proprietary algorithm. When you click "Buy," it queries all connected venues to find the best price. If Polymarket offers "Yes" at 55 cents and Kalshi offers "Yes" at 54 cents, the router automatically executes your trade on Kalshi to save you money.