Is Novig Legit? What Changed in 2026
Yes. Novig is a CFTC-regulated sports exchange. What changed in 2026, current fees, withdrawals, state access, and what to check before you fund.
Yes, Novig is a legitimate sports prediction-market platform. Its exchange entity, Ludlow Exchange LLC, received designation as a contract market from the Commodity Futures Trading Commission (CFTC) on 16 June 2026. Novig announced the launch of its federally regulated exchange on 4 August 2026, replacing the sweepstakes product described in many older reviews.
The important question is now whether its current product fits how you want to trade. Novig uses a custodial account, focuses on sports, and charges fees on certain trades. Its published availability also comes with location restrictions, while litigation continues to shape the broader sports event-contract market.
This review explains what changed in 2026, how contracts and settlement work, what you pay, how withdrawals are handled, and the difference between a legitimate exchange and a risk-free place to keep money.
Disclosure: This article is published by Nika, a non-custodial app offering prediction markets powered by Polymarket alongside other trading and portfolio products. Novig and Nika use different custody, funding, and access models.
The quick answer: is Novig legit?
- Regulation: Ludlow Exchange LLC appears in the CFTC’s designated contract market register. Trades clear through Bitnomial Clearinghouse, a separately registered derivatives clearing organization.
- Real money: The current product trades dollar-denominated sports event contracts. Winning contracts normally settle at $1 and losing contracts at $0, subject to the contract’s settlement terms.
- Custody: You hold an account balance within Novig’s exchange and clearing arrangements, rather than funds in a wallet you control.
- Eligibility: Novig’s published policy excludes Arizona, Michigan, and Nevada. Users must be at least 21, complete identity verification, and be physically in an eligible jurisdiction.
- Fees: Pre-game straight trades and maker fills are fee-free under the published schedule. Certain live, futures, and parlay trades carry taker fees. Card and Apple Pay deposits carry a 3% fee.
- Main limitations: Custody, a relatively short operating history under the regulated model, variable market liquidity, and uncertainty around state challenges to sports event contracts.
These details reflect the official records and product terms reviewed on 7 October 2026. Platform access and terms can change, so the app’s current eligibility checks and order ticket remain important.
What changed at Novig in 2026?
The main change was structural: Novig moved from a sweepstakes product to a federally regulated sports exchange. That affected the currency users trade with, the regulatory framework, clearing arrangements, and the terms governing each contract.
Under the older sweepstakes model, reviews discussed Novig Coins, Novig Cash, and prize redemptions. Those descriptions should not be used as instructions for the current exchange. The regulated product uses dollars and financial event contracts, with exchange and clearing rules governing participation.
The other important update is the fee schedule. Older descriptions of Novig as universally commission-free are incomplete. The current schedule still offers fee-free trading in specific circumstances, but taking liquidity in certain markets creates a charge.
| Topic | Older sweepstakes product | Current regulated exchange |
|---|---|---|
| Trading currency | Novig Coins and Novig Cash | US dollars |
| Product framework | Sweepstakes participation and prize redemption | Sports event contracts |
| Exchange oversight | Sweepstakes model rather than CFTC exchange designation | CFTC-designated Ludlow Exchange LLC |
| Clearing | Earlier product arrangements | Bitnomial Clearinghouse |
| Moving money out | Prize-redemption terminology in older reviews | Withdrawal of available funds; published $10 minimum |
| Fees to compare | Historical terms that may no longer apply | Trading fees by market and order type, plus payment-method costs |
Two dates anchor the transition. The CFTC register records 16 June 2026 as Ludlow’s designation date, while Novig’s launch announcement is dated 4 August 2026. An exchange receiving designation and its consumer product going live are separate milestones.
For an existing user, the practical task is to understand the current account and contract terms. For a new user, a review mentioning sweepstakes currencies or describing all retail trading as free should be checked against the current Help Center before relying on it.
What is Novig, and how does it work?
Novig is a peer-to-peer sports prediction market. Instead of accepting a bookmaker’s fixed line, you buy and sell contracts whose prices are determined by trading activity. Another participant supplies the opposite side of the transaction.
A contract represents a defined outcome, such as whether a team wins a game. A standard binary contract pays $1 if that outcome occurs and $0 if it does not. The purchase price determines how much you put at risk and your potential profit before fees.
For example, suppose you buy 200 contracts at $0.60 each:
- Your purchase costs $120 before fees.
- If the outcome wins, settlement pays $200, producing an $80 profit before fees.
- If the outcome loses, the contracts settle at $0, and you lose the $120 purchase cost, plus any applicable fees.
The $200 winning payout includes the value of your initial purchase; it is not $200 of profit. That distinction matters when comparing a contract ticket with sportsbook odds or estimating returns.
What does the contract price tell you?
A 60-cent price is commonly interpreted as a market-implied probability of roughly 60%, before costs. It expresses the price traders are willing to transact at, rather than a guarantee about the real-world outcome.
The price can reflect new information, market sentiment, limited liquidity, or the balance of orders at that moment. A trader’s estimate of the probability can differ from the quoted price. Fees and the price available for your actual order size also affect the transaction’s economics.
Can you exit before the game ends?
An exchange position can potentially be closed before settlement if an eligible opposing trade is available. The price of that exit can be higher or lower than your entry, and available liquidity matters.
For a simple illustration, a position bought for 60 cents and later sold for 70 cents gains 10 cents per contract before fees. Selling it for 40 cents loses 20 cents per contract. An early exit does not receive the $1 winning settlement value unless the exit itself is priced at that level.
Do not assume that seeing a market price guarantees you can close your entire position at that price. Check the available size and the order’s actual execution terms.
How does this differ from a sportsbook?
A traditional sportsbook generally sets its odds and accepts the other side of the wager. Novig operates an exchange, where orders from participants determine trading prices. Its current regulatory structure is a federal designated contract market rather than the state licensing model used by conventional sportsbooks.
Novig’s name refers to the vig, the margin a bookmaker builds into its odds. An exchange without a bookmaker’s embedded margin can still have trading fees, a bid-ask spread, and execution costs. Compare the full transaction, rather than assuming “no vig” means every way of using the product is free.
Is Novig regulated, and what does that establish?
The strongest evidence of Novig’s regulatory status is the regulator’s own record. The CFTC filing for Ludlow Exchange LLC lists the organization as Designated, dated 16 June 2026.
A designated contract market is a recognized exchange category under US commodities regulation. This provides a verifiable legal entity and regulatory framework behind the brand. It is stronger evidence than an app rating, an investor announcement, or a company’s marketing description alone.
Who clears Novig’s trades?
Exchange operation and clearing are separate functions. Novig’s Help Center identifies Bitnomial Clearinghouse LLC in the clearing acknowledgement users accept. The CFTC’s Bitnomial record lists it as a registered derivatives clearing organization.
The acknowledgement says participants become clearing members and are subject to applicable clearinghouse rules. Understanding that relationship helps explain why your Novig account is governed by more than the interface’s basic payment instructions.
The current structure uses fully collateralized contracts. Participants commit the funds required for their positions rather than relying on leveraged exposure. That reduces the need for margin borrowing within the trading model, but it does not protect a losing contract’s purchase price.
What regulation does not establish
Regulatory designation does not guarantee that your prediction will be correct, that every order will fill, or that withdrawals will always be immediate. It also should not be treated as proof that a trading balance has the same insurance protections as a bank deposit.
Likewise, exchange designation does not settle every dispute over state authority. A regulated venue can face litigation concerning the products it lists or the jurisdictions in which it operates.
The useful conclusion is that Novig has a checkable regulated structure. Whether it is appropriate for you still depends on costs, access, custody, market rules, and your ability to manage losses.
Is Novig a scam?
The records reviewed support describing Novig as a legitimate exchange, rather than an unverified platform presenting a fictitious regulatory claim. Its exchange entity and clearing organization appear in official registers, and its product terms describe identifiable contract and payment processes.
That is a narrower and more useful finding than promising that no user can ever have a dispute. A legitimate business can have outages, delayed withdrawals, settlement complaints, or dissatisfied customers. Each allegation needs evidence and context.
For example, a withdrawal undergoing a published compliance review is different from a documented refusal to release eligible funds. An order that has not found a counterparty is different from money disappearing. A jurisdiction lawsuit is different from a finding of fraud.
If you encounter a problem, identify which stage is affected: account verification, an unfilled order, an open position, settlement, withdrawal approval, or payment-provider delivery. That makes it easier to understand the issue and communicate it to support.
Novig fees: what does it actually cost?
Novig’s published trading fee schedule distinguishes between makers, whose resting orders are filled by another participant, and takers, who execute against existing orders.
Under that schedule, maker fills carry no trading fee. Pre-game straight trades on the app and website are also fee-free for takers. Fees apply to specified live markets, futures, and parlays.
The formula is:
Fee = coefficient × contract price × (1 − contract price) × number of contracts
The contract price is expressed in dollars: 50 cents means 0.50. A coefficient of 0.03 is part of this formula; it does not mean a simple 3% charge on the amount you spend.
| Trade type on the app or website | Maker treatment | Taker treatment |
|---|---|---|
| Pre-game straight trade | No trading fee | No trading fee |
| Most live straight trades | No trading fee; maker-credit eligibility may apply | Coefficient of 0.03 |
| Live NCAAF spreads and totals | No trading fee; maker-credit eligibility may apply | Coefficient of 0.06 |
| Futures straight trades | No trading fee; maker-credit eligibility may apply | Coefficient of 0.06; published golf and tennis exemptions apply |
| Parlays | Maker quoting is not offered through the app or website | Coefficient of 0.10, included in the quoted price |
A worked trading-cost example
Suppose you take 100 contracts at $0.50 in a live market using the 0.03 coefficient. The purchase costs $50, and the formula gives:
0.03 × 0.50 × 0.50 × 100 = $0.75
Your total entry cost is $50.75. A winning settlement pays $100, so the profit is $49.25, before any other applicable costs. If the outcome loses, the entry cost is lost.
The same coefficient produces a smaller absolute fee when the contract price moves away from 50 cents. However, a smaller fee in dollars does not necessarily mean a smaller fee as a percentage of the money committed.
| Illustrative live-trade price | Cost of 100 contracts before fees | Calculated trading fee | Fee as a share of the purchase cost |
|---|---|---|---|
| $0.25 | $25.00 | $0.5625 | 2.25% |
| $0.50 | $50.00 | $0.7500 | 1.50% |
| $0.75 | $75.00 | $0.5625 | 0.75% |
These are calculations using the published formula, not quoted executable orders. Review the actual ticket for rounding, the applicable market coefficient, and the final transaction amount.
A limit order is not automatically a maker fill
An order that waits on the book and is subsequently filled is a maker order for that fill. But a limit order priced to match an existing order can execute immediately and be treated as a taker fill.
One order can also contain both types of execution: part fills immediately, while the remainder rests. Where taker fees apply, Novig’s schedule charges the immediately executed portion accordingly. Choosing “limit” does not, by itself, guarantee a fee-free trade.
Waiting for a maker fill also creates a tradeoff. Your order may remain unfilled, or the market can move before someone accepts it. Fee savings need to be considered alongside whether the order accomplishes what you intended.
Why the parlay quote deserves a separate check
The published app and website parlay price already includes the applicable fee. It should be compared using the total quoted cost and potential payout, rather than by adding the fee again as though it were a straight-trade ticket.
A combination contract also depends on its full specified outcome. Understanding the individual selections is not enough; read the combination’s contract terms and final quote before confirming.
Deposits: which payment methods carry fees?
Trading costs and funding costs are separate. Novig’s deposit pricing page distinguishes between fee-free funding methods and methods with a 3% processing charge.
| Funding method | Published Novig deposit fee |
|---|---|
| Bank transfer | No deposit fee |
| Stablecoin or crypto deposit | No deposit fee |
| Credit card | 3% |
| Debit card | 3% |
| Apple Pay | 3% |
The Help Center identifies Stripe and Aeropay for bank transfers and Coinflow for crypto and card-related payments. Method availability can vary by user and location.
At a 3% rate, a $500 fee base creates a $15 charge. Use the confirmation screen to distinguish the total amount charged from the amount credited to your account. Funding through a fee-free method can materially change the economics for someone mainly using fee-free pre-game trades.
For crypto transfers, also check the accepted asset, network, address, and any external wallet or network costs. “No Novig deposit fee” does not establish that sending funds from another service costs nothing.
Does Novig pay out, and how do withdrawals work?
Novig’s current terms describe withdrawal of available funds, rather than the prize-redemption process discussed in sweepstakes reviews. Its withdrawal instructions list bank transfer, debit card, and Venmo, with a $10 minimum and no requirement to trade deposited funds a set number of times first.
The key distinction is between an account’s available balance and money committed to positions. A winning market settling to your account and a payment reaching your bank are also separate stages.
Available balance is not the same as total portfolio value
Money committed to open or unsettled positions is not freely withdrawable. Novig says those funds are held in escrow until the relevant position or transaction releases them back to the balance.
If a withdrawal amount looks smaller than expected, check which positions remain open and which funds are actually available. Cancelling an unfilled order, closing a position, and waiting for settlement are different actions; the relevant balance changes depend on your account’s state.
What can delay a withdrawal?
Identity verification is one reason. Novig’s terms state that withdrawals can be held while required verification remains incomplete or rejected documents need to be resolved.
There is also a separate manual withdrawal review process. Novig says these reviews are usually completed within 24 hours, with 24–48-hour delays possible during high-volume periods. Some withdrawals can be processed within minutes when review is unnecessary, but support does not guarantee a completion time.
After approval, the payment provider still has its own processing timeline. “Processed by Novig” should not be read as “already received in my bank account.” Novig advises contacting support if a withdrawal has not been processed after 48 hours.
Keep the request amount, method, date, and status available when reporting a problem. Use the official support channel rather than sharing identity documents or payment details with an account claiming to help through social media.
How does Novig settle contracts?
According to Novig’s settlement guidance, contracts use official results from the relevant league or governing body. A live score displayed in the app is informational; it is not the source that determines settlement.
For normal binary outcomes, the winning side pays $1 per contract and the losing side pays $0. Payouts are reflected in the account balance automatically. Futures and multi-game outcomes require the relevant full result to be determined, rather than necessarily settling after one game.
The applicable contract governs the details. Novig’s contract library provides documents for different sports and market types. Before trading, understand the defined outcome, the official result source, and the provisions for unusual circumstances such as postponements, cancelled events, or unclear results.
For player props, check the statistical definition rather than assuming it matches a casual description of the play. For a winner market, check which period or result the contract specifies. These details can matter even when everyone agrees on what happened on the field.
If a result appears incorrect, contact support with the market, contract, transaction details, and relevant official result. A settlement question should be investigated against the contract’s terms rather than against a screenshot of a live score.
Where is Novig available?
Novig’s published eligibility policy excludes Arizona, Michigan, and Nevada. It uses physical location, rather than billing address or state of residence, to determine access.
Users must be 21 or older, complete identity verification, and comply with the applicable terms and laws. Verification can include legal name, date of birth, address, and, in some cases, the last four digits of an SSN or a photo ID.
Location permissions matter because the app checks where the device is when accessing trading. Being a resident of an eligible state does not override an excluded location while travelling.
The policy also says existing positions continue to settle when a user travels to an excluded state, but new orders, deposits, and withdrawals are unavailable there. This makes location relevant to moving money as well as placing trades.
Treat the published access map as an operational policy, rather than a final court ruling about every jurisdiction. Check your account’s eligibility before funding and before making plans that depend on access while travelling.
Is Novig being sued? What do the legal cases mean?
Novig’s exchange entity has itself brought lawsuits challenging state officials’ authority over its sports event contracts. These are disputes over the relationship between federal commodities regulation and state gambling law. The existence of those cases does not, by itself, establish fraud or determine their ultimate outcome.
Public case records show actions involving officials in New York, Massachusetts, New Mexico, Washington, and Wisconsin. That is broader than the four-state picture described in the older live review.
Two documented procedural developments illustrate why the cases need careful interpretation:
- New York: In an order dated 11 August 2026, Judge Colleen McMahon denied Ludlow’s request for a temporary restraining order and explicitly said the case had not been decided on its merits. The denial of emergency relief was not a final resolution of the underlying dispute.
- New Mexico: A 2 September 2026 order stayed proceedings until 13 August 2027, subject to the court’s ability to change the stay. The order also records an enforcement standstill concerning the listed sports event contracts until at least 14 days after the stay ends.
Neither development establishes a permanent nationwide right to offer every sports contract. A temporary procedural order, a stay, a preliminary injunction, and a final judgment have different effects.
For users, the practical issue is whether a legal development changes market access, available products, or account operations. Do not infer current eligibility solely from an old lawsuit headline or assume every public docket copy contains the latest filing.
Novig’s location checks and current notices should be consulted alongside dated legal information. For a related explanation of the exchange model, see is Kalshi legit.
Is Novig safe to use? The risks to understand
Novig’s regulated structure is relevant, but safety has several parts. A platform can be legitimate while a transaction, account arrangement, or trading strategy remains unsuitable for a particular user.
Custodial account risk
You depend on the exchange, clearing, and payment arrangements to access and move your balance. Verification holds, operational interruptions, and restrictions can affect that access. This is a different model from signing transactions using a wallet you control.
Fully collateralized trading addresses how positions are funded. It does not turn the account into self-custody, eliminate operational dependencies, or promise immediate withdrawal in every circumstance.
Trading and execution risk
You can lose the amount spent on a contract and applicable fees. Without leverage, a losing prediction can still consume the entire purchase cost. Repeated small losses and fees can accumulate across frequent trading.
Execution also matters. On an order book, the bid-ask spread is the gap between the best buying and selling prices. Crossing that gap to enter and exit can create a loss even if the underlying market has barely moved.
For example, buying at 60 cents and immediately selling at an available 58-cent bid loses 2 cents per contract before fees. That hypothetical spread cost is separate from a platform’s published trading fee.
Liquidity and early-exit risk
The amount offered at the best price can be smaller than your intended order. A larger order may execute at several prices or remain partially unfilled. A market’s most recently traded price does not prove that your entire position can be sold there.
Check depth on the specific game, prop, or future you intend to trade. An exchange’s general popularity is not a substitute for available counterparties in a particular market.
Operating-history and access risk
The regulated exchange launched in August 2026, so its history under this structure is relatively short. Experience with the earlier Novig product does not fully establish how the exchange will handle every future settlement, service disruption, or busy trading period.
Geographic availability adds another dependency. Account access can change because of location checks, product policies, or legal developments. Those factors should be considered separately from whether a sports prediction itself is likely to win.
Account security and trading discipline
Use the official site or app, protect account credentials, and verify support channels. A fraudster impersonating Novig is a separate risk from the exchange’s own legitimacy.
Set a clear limit on the money committed to sports outcomes. Avoid treating a regulated product as a reason to chase losses, and keep money needed for ordinary expenses outside trading positions. A sports contract is a financial risk even when the interface feels familiar.
What do app ratings and complaints tell you?
App-store reviews can highlight interface problems, support experiences, or account friction. They are much weaker evidence for regulatory status, the safety of fund arrangements, or the correctness of a disputed settlement.
Read the date and product context. A complaint about Novig Coins or prize redemptions may concern the retired sweepstakes platform. A recent withdrawal complaint may describe a verification hold, a payment-provider delay, or a different unresolved issue.
The useful questions are whether the review explains what happened, whether it distinguishes processing from receipt of funds, and whether the complaint was resolved. A high average rating does not eliminate risk; an unexplained negative review does not establish a scam.
For this review, official registers and current terms carry more weight than aggregate ratings. No first-hand deposit, trade, or withdrawal test was performed.
Who is Novig a good fit for?
Novig may suit someone who wants sports event contracts, understands an order book, and is comfortable using a custodial dollar account. Its fee-free pre-game straight trades and maker fills can be relevant advantages for that workflow, subject to current terms.
It is less suitable when the reader’s priority is self-custody, access outside its supported jurisdictions, or a broader selection of non-sports events. Frequent takers in live markets and parlay users should compare actual transaction costs rather than relying on the brand’s no-vig positioning.
When comparing venues, use the same outcome, stake, and potential payout where possible. Include the funding method, spread, applicable trading fee, and available execution size. A cheaper headline fee is not necessarily a better final price.
Novig, Polymarket, and Nika: different trading models
Novig focuses on a regulated sports exchange account. Polymarket’s international onchain platform uses a different custody and funding model and offers a broader range of event categories. Its separate US exchange is a distinct product; eligibility for one should not be assumed to provide access to the other.
Nika offers prediction markets powered by Polymarket within a non-custodial app that also includes spot, perpetual futures, yield opportunities, and portfolio tools. Its perpetuals are powered by Hyperliquid through builder codes. Users can sign up with email or a supported social login, with product availability depending on jurisdiction.
| Choice | Main reason to consider it | What to compare carefully |
|---|---|---|
| Novig | Sports-focused trading through a regulated exchange account | Location eligibility, custodial arrangements, fees, and sports-contract rules |
| Polymarket’s international platform | Onchain prediction markets across multiple event categories | Regional restrictions, wallet funding, protocol risks, and market liquidity |
| Nika | Polymarket-powered predictions alongside other trading and portfolio products | Availability, applicable fees, wallet security, and the risks of each underlying protocol |
Self-custody gives users control of their wallet, but assets committed to a protocol remain subject to its rules and technical risks. It does not remove settlement uncertainty, trading losses, harmful approvals, or the need to understand the market being traded.
Choose based on the account and product model you need. For more detail, see prediction markets on Nika.
Verdict: is Novig legit in 2026?
Yes. Novig’s exchange and clearing structure can be verified through official records. The current product is a regulated sports event-contract exchange, with dollar balances and published trading and payment terms.
The major update is that the old sweepstakes description no longer applies. The other important correction is that no-vig trading does not mean every transaction is fee-free: order type, market type, and funding method determine the costs.
Before using it, weigh custody, actual execution prices, withdrawal conditions, physical-location requirements, and the implications of state litigation. Those are the decisions that determine whether this legitimate platform fits your needs.
Is Novig legit: FAQ
Is Novig legit or a scam? Novig’s exchange entity, Ludlow Exchange LLC, is listed as a designated contract market by the CFTC. Its clearing organization is also registered. That supports its legitimacy; it does not guarantee profitable trading or remove account and operational risks.
What changed when Novig relaunched? Ludlow received CFTC designation in June, and Novig launched its regulated exchange in August. The earlier sweepstakes product using Novig Coins and Novig Cash was replaced by dollar-denominated event contracts. Current trading fees also require a more specific explanation than older blanket commission-free claims.
Can you win and withdraw real money on Novig? Yes. Winning contracts ordinarily settle at $1 each under their terms. Novig permits withdrawal of available funds through its supported payment methods, with a published $10 minimum. Money committed to open positions is not part of the freely withdrawable balance.
Does Novig still have zero fees? Some trading is fee-free, including maker fills and pre-game straight trades under the current schedule. Taker fees apply to specified live, futures, and parlay trades. Card and Apple Pay deposits carry a separate 3% fee.
How long do Novig withdrawals take? Timing depends on verification, review, and the payment provider. Novig says manual reviews are generally completed within 24 hours but can take 24–48 hours during busy periods. Processing approval and final delivery are separate stages, and these are published expectations rather than guarantees.
Is Novig available in my state? Its published policy excludes Arizona, Michigan, and Nevada and checks your physical location. Users must also meet age and verification requirements. Confirm eligibility through the app because access policies and the legal context can change.
Why is Novig involved in lawsuits? Ludlow has brought cases concerning whether state officials can apply gambling laws to its federally regulated sports event contracts. These jurisdiction disputes should be distinguished from allegations or findings of fraud. The effect of a particular case depends on its orders and outcome.
Is Novig a sportsbook? Its current legal and trading model is an exchange. Participants trade sports outcome contracts through an order book rather than accepting a conventional bookmaker’s fixed line. The outcome still carries financial risk, regardless of the product’s regulatory category.
Is there a self-custody alternative? Onchain prediction platforms provide a different wallet-based model. Nika offers Polymarket-powered prediction markets alongside spot, perpetuals, yield, and portfolio tools. Compare custody, supported markets, fees, and jurisdictional availability rather than assuming the products are interchangeable.
Sources and review approach
Regulatory information is checked against CFTC records. Product mechanics, fees, payments, settlement, and access are sourced to Novig’s Help Center. Legal examples refer to dated court records; no outcome is inferred from the existence of a complaint. This is a document-based review, with no first-hand trading or withdrawal test.
- CFTC: Ludlow Exchange LLC designated contract market record
- CFTC: Bitnomial Clearinghouse registered clearing organization record
- Novig: regulated exchange launch announcement, 4 August 2026
- Novig Help Center: fees
- Novig Help Center: deposit pricing
- Novig Help Center: withdrawing funds
- Novig Help Center: manual withdrawal review
- Novig Help Center: eligibility and legality
- Novig Help Center: settlement
- Novig Help Center: contracts
- Novig Help Center: Bitnomial Clearinghouse acknowledgement
- New York court: order denying temporary restraining order, 11 August 2026
- New Mexico court: order staying proceedings, 2 September 2026
- Massachusetts court: Ludlow Exchange LLC v. Campbell case record
- Washington court: Ludlow Exchange LLC v. Brown case record
- Wisconsin court: Ludlow Exchange LLC v. Kaul case record
- CFTC: Ludlow order of designation, including fully collateralized clearing requirements
- CFTC: QCX LLC doing business as Polymarket US
Explore prediction markets with Nika
Nika brings Polymarket-powered prediction markets together with spot trading, Hyperliquid-powered perpetuals, yield, and portfolio tools in one self-custody app. Explore the available markets and compare the products that fit your goals and experience.
This article is for informational purposes and is not financial or legal advice. Prediction markets and event contracts involve risk, including loss of capital. Fees, product terms, and availability can change, and legal requirements depend on jurisdiction.