❓FAQ
🧭 Access & Setup
❓ Who can use Olympus?
Olympus access is limited to SOL Decoder NFT holders and monthly subscribers with the correct Discord role assigned.
❓ How do I log in?
You log in using Discord authentication via Privy. The system checks if your Discord account has the Olympus User role — if not, you’ll see an access denied or waitlist page.
❓ What network does Olympus use?
Olympus operates on Polygon, so your wallet must hold USDC (Polygon) for trading and POL for gas fees.
❓ Can I use my own wallet instead of the burner?
No.
Polymarket uses a proxy wallet system, which means even if you connect your own wallet (like MetaMask or Rabby), Polymarket generates a separate trading address behind the scenes. Because of that, Olympus must use its own automatically created burner wallet for trading.
❓If I export my burner wallet’s private key, can I import it directly into Polymarket?
Also no.
Even if you import that private key, Polymarket will still create a new proxy wallet instead of using the same one. So it won’t give you access to your Olympus trading wallet inside Polymarket.
💰 Fees & Subscriptions
❓ What are the fees?
Olympus charges a 0.9% starting fee on the notional value of each trade you copy. Discounts can reduce this fee based on NFTs you hold or through a subscription.
Discount tiers:
1 NFT → 5% off
2 NFTs → 10% off
3 NFTs → 15% off
5 NFTs → 25% off
10 NFTs → 50% off
Monthly subscription → 40% off
(In the future, higher NFT holdings may unlock up to 100% discounts)
Fees are automatically adjusted based on your verified Discord role and linked wallet via Matrica.
❓ How do I check my current fee tier?
You can check your tier by clicking your username in the top right corner and then clicking Trading Fee.
⚙️ Following & Copying
❓ How many wallets can I follow at once?
You can add an unlimited number of wallets to your Olympus dashboard, but you can only actively copy up to 5 wallets at a time. This limit helps keep trade execution stable and prevents overload while copying multiple leader wallets simultaneously. Higher limits will be unlocked in future updates!
❓ What happens when I disable or unfollow a wallet?
If you disable a wallet, Olympus pauses copying new trades from it — but any existing positions stay open until you either close them manually, re-enable the wallet, or the markets resolve naturally.
If you unfollow (remove) a wallet, all positions linked to that wallet are automatically closed.
❓ What do “Followed Wallets” and “Active Wallets” mean?
Followed Wallets = all wallets you’ve added.
Active Wallets = only those currently enabled for copying.
🪙 Wallet & Trading Behavior
❓ Is my wallet custodial?
No — Olympus is completely non-custodial.
Your wallet, your funds, your control. Olympus never has access to your private keys or funds. All transactions are executed directly from your own trading wallet through Privy, a secure and industry-leading wallet management provider that handles authentication and security on your behalf.
❓ Are trades executed on-chain or off-chain?
All Olympus trades are executed on-chain via your trading wallet — Olympus never takes custody of funds.
❓ How do I withdraw my balance?
Withdrawals are currently manual. You can transfer USDC and POL from your trading wallet to any Polygon address using standard tools. In the near future we will enable withdrawals straight from the dashboard.
❓ What if a trade fails?
Failed trades are automatically retried 3 times for 90 seconds. If it still fails (e.g., market closed), it’s skipped and marked in your activity log.
❓ Why does my dashboard show 0 trades?
Your followed wallet may not have traded yet — or your filters are too restrictive. Try adjusting your minimum odds, liquidity, or trade limits.
⚠️ Risk & Profitability
❓ Can I lose money using Olympus?
Yes. Copy trading carries the same risks as direct Polymarket trading. Always use trade caps, ratios, and stop-loss settings.
❓ Is Olympus guaranteed to be profitable?
No. Performance depends entirely on the wallets you follow and market conditions.
❓ How do I manage risk?
Prediction markets carry real financial risk. Without proper controls, you could lose your entire balance in just one bad trade. See our Risk Management section for more information.
👉 Olympus helps by offering tools like ratio settings, max trade caps, and exposure filters — but ultimately, it’s on you to use them wisely.
💡 Other
❓ What if I lose my Discord access?
As long as you control your wallet keys, your funds remain safe. Contact Olympus support in Discord for role restoration.
❓ Why farm it?
By following consistently profitable traders, you can potentially receive daily or weekly payouts from winning bets.
Profitable leader → copied trades → realized gains flow into your wallet.
Olympus automates the process so you don’t have to monitor every market.
Farming is essentially leveraging other traders’ skill while you reap the rewards.
❓ Will there be a token?
YES!
Polymarket CMO Matthew Modabber has confirmed $POLY token and airdrop!
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