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Alpha Arcade Review: Check the Risks Before Depositing

Alpha Arcade is an Algorand prediction market, but key details about fees, account requirements and fund safety are unclear. Check these before depositing.

By the SkyBitcoins review team · Updated

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At a glance

Alpha Arcade key facts

Alpha Arcade key facts
TypeAlgorand prediction market
TokenALPHA
CurrencyUSDC listed
LicenceNot stated
ChainsAlgorand
Value locked$189K−11.5% 7d
KYCNot stated
Updated

Alpha Arcade FAQs

What is Alpha Arcade?

Alpha Arcade is described as a decentralized prediction market on Algorand. It covers sports, crypto, politics and other topics; specific markets and settlement rules are not established here.

What fees does Alpha Arcade charge?

The platform says trading fees go to ALPHA holders, but it does not publish the fee rate. You should check the cost shown for a market before committing funds.

Is Alpha Arcade safe or licensed?

Its licence is not stated, and KYC requirements are unknown. No audits are listed, so do not assume the platform or its markets have been independently checked.

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How we checked

Sources

  1. defillama.com/protocol/alpha-arcade(opens in a new tab)

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