Strix Lab 首笔交易保障活动条款与条件

This campaign is open to eligible Strix Lab users who meet the campaign requirements.

To qualify, users must:

• Have an active Strix Lab account;
• Place their first-ever trade on Strix Lab during the campaign period; and
• Keep holding at least the shares bought in their first trade until the relevant market is officially resolved.

Users who placed a trade on Strix Lab before the campaign period are not eligible. Each eligible user can receive protection for one qualifying trade only.

Under this campaign, Strix Lab will cover the eligible loss from a user's first qualifying trade, capped at USD30 per user.

If the first qualifying trade settles at a profit, the profit belongs to the user and no protection or additional reward is provided.

If the first qualifying trade settles at a loss, Strix Lab will cover the eligible loss amount up to USD30.

Examples:

• First trade loses USD10 → Strix Lab covers USD10
• First trade loses USD20 → Strix Lab covers USD20
• First trade loses USD30 → Strix Lab covers USD30
• First trade loses USD100 → Strix Lab covers USD30

The maximum protection is USD30 per eligible user.

Only the user's first-ever trade on Strix Lab, placed during the campaign period, qualifies for protection. A trade is the full order that produced the user's first fill, including any further fills of that same order.

Users cannot choose a later trade to replace their first eligible trade.

For example:

• Trade 1: USD20 → Win
• Trade 2: USD50 → Loss

In this case, Trade 2 will not be covered, as the user's first eligible trade was Trade 1.

The protection applies only once per eligible user.

The campaign protection will only apply after the relevant prediction market has been officially resolved by Strix Lab.

The eligible loss is the amount the user paid for the shares in their first qualifying trade, including trading fees, less the value those shares pay out when the market resolves.

The user must keep holding at least the number of shares bought in their first qualifying trade until the market resolves. Buying more shares of the same outcome, or selling some, is allowed as long as the user's holding in that outcome never falls below that number.

If the holding falls below that number at any time before the market resolves — including by selling and later buying back — the trade no longer qualifies for protection. Coverage applies only to the shares and cost of the first qualifying trade; shares bought later are not covered.

For example:

• First trade: buy 10 shares. Later: buy 20 more, then sell 5 (holding never falls below 10) → still protected, for the first 10 shares only
• First trade: buy 10 shares. Later: buy 20 more, then sell 25 (holding falls to 5) → not protected
• First trade: buy 10 shares. Later: sell all 10, then buy 10 back → not protected

Minting (splitting) or merging positions in that market's event after the first qualifying trade and before the market resolves ends protection.

If the user's first qualifying trade results in an eligible loss:

• Strix Lab will determine the final eligible loss amount;
• The loss will be covered up to a maximum of USD30; and
• Any loss above USD30 will remain the responsibility of the user.

Example:

• First Trade Amount: USD80
• Final Eligible Loss: USD80
• Strix Lab Coverage: USD30
• User's Remaining Loss: USD50

Each eligible user can receive a maximum of USD30 in loss coverage throughout the campaign.

The USD30 limit applies per user, not per market or per trade.

Once a user has received protection under this campaign, they will not be eligible to receive additional loss coverage from another trade.

Trades placed on Strix Lab prediction markets during the campaign period qualify, unless a market is excluded.

Strix Lab may exclude certain markets, promotional markets or other specific market types from the campaign. Any excluded markets will be communicated through the campaign page or applicable campaign materials.

The result of the qualifying trade will be determined based on the official resolution of the relevant Strix Lab market.

Trades that are cancelled, voided, refunded or placed on markets that do not reach a valid resolution may not qualify for loss coverage.

The campaign will run from:

21 September 2026, 00:00 UTC (08:00 Malaysia time) to 28 September 2026, 00:00 UTC (08:00 Malaysia time).

The user's first eligible trade must be successfully placed and filled within the campaign period to qualify.

The relevant market may resolve after the campaign period, provided the qualifying trade was placed while the campaign was active.

Once the relevant market has been resolved and Strix Lab has confirmed an eligible loss, the coverage amount will appear on the user's Portfolio page with a Claim button.

Coverage must be claimed from the Portfolio page within 30 days of it becoming available. Unclaimed coverage expires after 30 days and cannot be reinstated.

Claimed coverage is paid in USDC directly to the user's Strix Lab wallet as account balance. It is not issued as Trading Credits and may be used or withdrawn like any other balance.

Coverage is usually paid immediately after it is claimed, and in any case within 1–2 business days of the claim.

If you experience any issues with your coverage, please raise them in the official Strix Lab Discord channel for assistance.

Strix Lab Discord: https://discord.com/invite/QDRmZjB86

Each eligible user may receive protection once only under this campaign.

Creating or using multiple accounts to receive additional campaign protection is not permitted.

Eligibility is checked when coverage is claimed. Accounts are treated as linked where, for example, funds were transferred between the accounts, or the accounts are connected to the same wallet or source of funds, including through analysis of on-chain wallet activity.

Where accounts are linked, only the first account created can receive protection. A claim from any other linked account will be refused, even if its first trade would otherwise qualify.

If the wallet an account was funded from, or withdrew to, has previously been used with an earlier Strix Lab account, the accounts are treated as linked. This does not apply to wallets operated as a service for many users, such as an exchange, bridge or payment provider.

Accounts may also be treated as linked based on their trading activity, including coordinated trading between accounts. Where accounts are linked in this way, none of them can receive protection for the trades concerned, whichever account was created first.

Strix Lab reserves the right to disqualify accounts where there is reasonable evidence of campaign abuse.

This campaign is intended for genuine Strix Lab users.

Strix Lab reserves the right to disqualify users or withhold campaign coverage where there is reasonable evidence of:

• Multiple-account abuse;
• Fraudulent activity;
• Market manipulation;
• Wash trading;
• Coordinated trading intended to exploit the campaign;
• Attempts to artificially create or increase losses; or
• Any activity that violates Strix Lab's Terms of Use.

Strix Lab reserves the right to modify, suspend or cancel the campaign where necessary due to technical issues, regulatory requirements, fraud, abuse or circumstances beyond Strix Lab's reasonable control.

The campaign has a limited budget and may end before the end of the campaign period once that budget has been used.

Any material campaign changes will be communicated through Strix Lab's official channels where reasonably possible.

Participation in this campaign is also subject to Strix Lab's general Terms of Use and Privacy Policy.

Strix Lab reserves the right to determine campaign eligibility, qualifying trades, eligible losses and coverage amounts in accordance with these Terms & Conditions and applicable laws.