Docs

Frequently asked

Short, honest answers to the questions people ask most. If something here isn’t covered, the other docs pages go deeper.

Is Slate gambling?

Slate is a prediction market, not a casino. You take a position on a real-world question at a price the crowd sets, and that price reflects how likely the outcome is. There's no house edge baked into the odds and no game designed for you to lose. It still carries real risk, though: a take that resolves against you returns nothing, so only commit what you can afford to lose.

Is my money safe on Slate?

Your funds sit in a wallet only you control, not in a Slate account. Slate is non-custodial: it can place the takes you initiate, but it can't withdraw or move your money, and it can't freeze it. You can export your wallet's key and leave at any time. See Safety & your funds for the full picture.

Can Slate place trades without me?

No. The trading agent only places the takes you tap to commit. It can't open positions on its own, and it can never withdraw or transfer your funds. The keys that can actually move money never leave your hands.

What does Slate cost?

One small builder fee, fixed at 0.4% and shown before you commit, and charged only when you close a take or it settles — opening a position is free. There are no deposit fees, no withdrawal fees, and no monthly cost.

What's the minimum to take?

Takes can be small, and Slate always shows the exact cost, including the fee, before you commit, so there are no surprises. Adding and moving funds onto Hyperliquid has a small minimum, which is shown to you at the time.

How do I add funds?

From your account, choose Add funds and pay with Apple Pay, card, or bank. The money arrives as USDC, then one tap moves it onto Hyperliquid where it's ready to take. Network fees for the move are covered for you.

How do I withdraw or cash out?

Because your balance is in a wallet only you control, withdrawing is always available and free, with no approval to wait on from Slate. Winning takes pay out to your balance in USDC, and exporting your key from your account gives you full, independent control of the wallet whenever you want it.

Do I need crypto, a wallet, or a gas token?

No. Sign in with an email and Slate creates a secure wallet for you behind the scenes. You fund with Apple Pay, card, or bank, and network fees are covered, so you never need to hold a separate gas token. If you already have a crypto wallet, you can use that instead.

What is USDC?

USDC is a dollar-backed stablecoin: one USDC is designed to always be worth one US dollar. Slate uses it as the unit for funding, takes, and payouts, and shows your balance in plain dollars.

How are outcomes decided?

Each question resolves against a stated source, under rules set when the market was created, and settles on Hyperliquid on-chain. Slate writes the question and cites the source; it doesn't adjudicate the result. See How questions resolve for detail.

What happens if I'm right, or wrong?

If your side is right, each share you hold pays $1 in USDC, landing in your balance automatically. If it's wrong, the shares pay $0 and the take isn't returned. The most you can lose on a take is what you put in: there's no leverage and no liquidation.

What if a market is cancelled or unclear?

If an event is cancelled, postponed past the deadline, or genuinely ambiguous, the question can resolve invalid instead of forcing a Yes or No. The position is then unwound at fair value rather than paying a side, so you don't lose a take to a question that turned out to be unanswerable.

Which countries can use Slate?

Slate isn't available in the United States, the United Kingdom, Singapore, Hong Kong, mainland China, Australia, or to people in OFAC-sanctioned jurisdictions. This list can change as the regulatory picture does.

What are Hyperliquid and HIP-4?

Hyperliquid is a high-performance on-chain exchange. HIP-4 is its standard for outcome markets, the on-chain markets Slate is built on. Slate is the calm reading layer on top: it curates the questions and context, while the trading and settlement happen on Hyperliquid.

Is this financial advice?

No. Slate is a tool for forming and testing a view, not advice. The odds are one input; the judgement is yours. Only take what you can afford to lose.