Risk Disclosure

Alpha Dex simulates cryptocurrency trading using live market data. Although no real crypto is bought or sold on your behalf, the following risks apply:

Market Volatility

Solana memecoin markets are extremely volatile. Prices can move 50% or more in minutes. Liquidity can vanish suddenly. A rapid drawdown in a simulated position may cost you a contest, even if your overall strategy is sound.

Data Reliance

Prices are sourced from DexScreener and third-party APIs. Outages, latency, or stale quotes can affect fills inside contests. We use the best-available quote at the time of order and do not guarantee any specific price.

Entry Fees

Cash Tournament entry fees are at risk. You may lose 100% of your entry fee. Past simulated performance is not indicative of future results.

No Custody, No Investment Advice

Alpha Dex does not custody crypto on your behalf and is not a broker-dealer, investment adviser, or exchange. Nothing on the platform is investment, legal, or tax advice.

Tax

Winnings from skill-based contests may be taxable income in your jurisdiction. You are solely responsible for reporting and paying any applicable taxes.