Limitless

What it is

Limitless is an on-chain event-contract venue on Base. A market is a pair of outcome shares — usually YES and NO — fully collateralised in USDC: one of each always redeems for 1.00 USDC before resolution, a winning share redeems for exactly 1.00 USDC after it, and a losing share is worth nothing. Shares trade between 0.01 and 0.99 USDC, so the price is the market's implied probability.

Two mechanisms run side by side. Most markets are a central limit order book with separate YES and NO books, where you trade against other users' resting orders; the rest are AMM markets, where you trade against a curve. The order book is what the venue is built around, and it is where the fee schedule below is most complicated.

The listing is dominated by short-cadence crypto markets — BTC and ETH up-or-down over 5 minutes, 15 minutes and an hour — alongside football and esports fixtures, equity-index levels, and politics. Users can create their own markets and take a creator fee on them. A separate product, Packs, bundles two to five legs into one position that pays only if every leg lands.

An account is a connected wallet, either an external one or an embedded wallet created at signup. There is no identity check in the ordinary flow.

Availability

The operator named in the terms is Street Chow Inc., a Panamanian company, and the document is dated 15 September 2026. It carries two separate restrictions, and they are not the same thing:

• Not available for trading to users from the United States of America, the "Republic of China", and the Canadian provinces of Ontario and Alberta.
• Not available at all to users accessing from Russia, Belarus, Cuba, Iran, North Korea, Syria, and the Crimea, Donetsk and Luhansk regions.

Everywhere else is served on the venue's own account, subject to the usual sanctions representations and a ban on circumventing the restrictions.

What the terms do not say is how any of this is enforced — whether by IP block, by an attestation at signup, or only by the clause itself. We have not funded an account, so the card does not claim to know. KYC is not part of the ordinary signup, but the company reserves the right to demand proof of age, identity or eligibility at any time and to suspend an account until it is produced.

Pricing

There is no subscription. The venue takes a cut of a fill, and the cut depends on the mechanism, the side and the price.

• Makers pay nothing. A limit order that rests in the book is free even though you sign fee terms with it. Only orders that match immediately are charged.
• AMM markets: a flat 0.40%, with some promotional markets at zero.
• Order-book buys: 3.00% for any price from 0.01 to 0.50, then falling along a curve — 1.51% at 0.70, 1.05% at 0.80, 0.68% at 0.90, 0.42% at 0.99. The fee is taken in outcome tokens.
• Order-book sells: peak at 1.50% at the 0.50 midpoint and fall towards the extremes — 1.32% at 0.70, 0.78% at 0.90, 0.42% at 0.999. The fee is taken in USDC.
• Redemption of a winning share after resolution carries no trading fee.
• Packs carry a 10% vig on crypto and sports packs, already baked into the displayed multiplier. Stakes run from 1 to 70 USDC, the multiplier caps at 20x and the payout at 1,400 USDC.

Those percentages are charged on the value of the fill, not on the $1 a winning share pays, so they are not directly comparable to the per-contract rates elsewhere in this category. The 1.5% in this card's fee field is the same worst case converted: a 3.00% buy at the 50-cent midpoint costs 1.5 cents a contract, or 1.5% of the payout. AMM markets are far cheaper at a flat 0.40%. The curve is not published as a closed-form formula; the venue's answer to that is that every execution reports the rate that was actually applied.

Markets & resolution

Resolution is split three ways, and which one applies is stated on the market page:

• Pyth Network resolves the majority of markets automatically at the deadline, using the full precision of the underlying feed.
• Chainlink TWAP resolves the 5- and 15-minute crypto up-or-down markets against a time-weighted average over a stated window, so a momentary spike at the boundary does not decide the market on its own.
• The Limitless team resolves custom event markets — sports, politics — manually, typically 24 to 72 hours after the deadline.

The market page is the authoritative rule: it defines which real-world results resolve YES, which resolve NO, and how ties, cancellations and unlisted outcomes are handled. If the published criteria turn out to be ambiguous, the venue treats the market as misresolved and falls back to its refund policy.

That refund policy is worth reading before it matters. If a market resolves to the wrong side, holders of the side that should have won get back what they paid for the shares — the cost basis, not the 1.00 USDC payout — while whoever was paid out on the wrong side keeps the money, because the payout settled on-chain and cannot be clawed back. There is no dispute bond, no juror vote and no appeal window: you report a misresolution to support, by email or on Discord, and the team decides.

Integrations

Programmatic access is a separate product with its own audience, its own tokens and its own rate limits — REST and WebSocket endpoints, SDKs in four languages, and a first-party MCP server. It has its own card: see Limitless API.

Limitations

• No US traders, by the venue's own terms, and no Ontario or Alberta.
• A 3% taker fee on a buy below 50 cents is high next to venues that charge takers nothing, and it is charged on exactly the low-probability side where a trader is buying the most shares per dollar.
• The operator is the resolution authority for everything Pyth and Chainlink cannot settle, and the only recourse against a bad resolution is a support ticket. The refund returns your cost basis, so being right and being misresolved still costs you the trade.
• Packs are a 10% vig product. The multiplier is displayed net, which makes the vig invisible rather than absent.
• Web only as far as we can verify — no mobile app is advertised on the site.
• Nobody here has funded an account. Everything above is read from the venue's own documentation and terms on 19 September 2026, not from a trade.