❓ FAQ

Frequently asked questions about using Olympus.

🧭 Access & Setup

❓ Who can use Olympus and how do I log in?

Olympus access is limited to SOL Decoder NFT holders and monthly subscribers (via Blinkord or Whop) with the correct Discord role assigned (ask about it in our Discord). If you have a referral code, you can instead sign in with your Gmail account and log in directly—no Discord required.

❓ Can I use my own wallet instead of the burner?

No — Olympus always uses an automatically created burner wallet for trading due to Polymarket’s proxy wallet system.

❓ If I export my burner wallet's private key, can I import it directly into Polymarket?

No. Polymarket assigns a new proxy wallet for any wallet you log in with. Do not log in to Polymarket with your exported key. If you do, your PnL tracking will break within Polymarket.

⚠️ Use your exported key only for transferring out or swapping tokens — never to log into Polymarket.

💰 Fees & Subscriptions

❓ What are the fees?

Olympus charges a 0.75% starting fee on the notional value of each trade you copy (buys, sells, redeems). Discounts can reduce this fee based on NFTs you hold or through a subscription.

When fees apply:

• Charged on each copied buy, sell, and redeem that successfully executes.
• Charged on both winning and losing trades (there is no extra “performance fee” on profits).

When fees do not apply:

• Not charged on unrealized PnL, open positions just sitting in your wallet, or idle balance.
• Not charged on deposits, withdrawals, or failed/cancelled orders that never execute.

Discount tiers:

Monthly Subscription (Whop/Blinkord):

• 70% off (Applies even if you don't have NFTs)

Fees are automatically adjusted based on your verified Discord role and linked wallet via Matrica.

❓ What is the Extreme Price discount?

When copying buy trades at very low prices (≤3¢) or very high prices (≥97¢), the base fee uses a sliding scale that reduces further as prices approach the extremes:

The fee follows a Gaussian-style curve (Price × (1 - Price)), meaning fees collapse toward zero at the most extreme prices. This incentivizes taking high-conviction positions.

❓ 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.

💡 Important: If your Discord roles change (NFT purchase, subscription upgrade, etc.), you must logout and login again for the new fee discount to take effect.

⚙️ Following & Copying

❓ Do I need to keep my browser open or computer on?

No. The bot runs on our servers 24/7. You can safely close your browser, turn off your computer, or disconnect from the internet. As long as the status says "Running", it is working.

❓ How many wallets can I follow at once?

You can only actively copy up to 9 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.

❓ My Max Odds is set to 98%, but the bot still copies trades that fill above 98%. Why?

The Maximum Odds (%) filter checks the leader's entry price, not your actual fill price. If the leader enters at a price that passes your Max Odds check, the trade is submitted — but market movement and slippage can cause your actual fill to land higher.

Your Max Price Deviation (%) setting (in Trading Settings) controls how far your fill price can differ from the leader's entry. These two settings work independently.

If you want to avoid fills above a certain level, consider lowering your Max Odds to leave room for potential price deviation and slippage.

❓ How does "Limit Mode" actually work?

When you enable Limit Mode, Olympus automatically copies the execution price of the trade you are following.

• We do not "see" the target's pending limit orders.
• We wait for their trade to fill (execute).
• Then, we place a Limit Order for you at exactly the price they paid.

This ensures you never pay more than the target wallet did. If the price moves up immediately after they buy, your order will sit on the book waiting for the price to come back down.

🪙 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.

❓ How do I withdraw my balance?

Direct withdrawals from the dashboard are coming soon. For now, you can withdraw manually by exporting your private key:

Step-by-step:

1. Click the wallet button (showing your balance, next to your username) to open your Trading Wallet
2. Click the key icon (🔑) to export your private key
3. Acknowledge the risk warning and copy your private key
4. Import the private key into a wallet like MetaMask or Rabby
5. Send your USDC and POL to any Polygon address

⚠️ Important: Do NOT log into Polymarket with this exported key — it will create a new proxy wallet and break your PNL tracking. Only use it to transfer funds out.

🔜 In-app withdrawals are being developed and will be available soon!

❓ 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. Check your trade activity page.

⚠️ 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 (STOP-LOSS COMING SOON).

❓ 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.

🔧 Troubleshooting

❓ The red "Export Private Key" button isn't showing up. What do I do?

Simply log out and log back in — the button should appear after re-authenticating.

❓ Something isn't working properly. What should I try first?

Most common issues can be fixed by:

1. Logging out and logging back in
2. Clearing your browser cookies and then logging in again

If the issue persists after trying both, reach out in the Olympus Discord for support.

❓ How do I swap tokens?

Olympus doesn't have built-in swapping yet. To swap tokens:

1. Export your private key (click wallet button → key icon 🔑)
2. Import the key into MetaMask or Rabby
3. Go to Uniswap (make sure you're on Polygon network)
4. Swap your tokens as needed

⚠️ Remember: Do NOT log into Polymarket with your exported key — only use it for swapping or transferring funds.

💡 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!

❓ How do odds filters and price deviation interact?

Odds filters (Minimum/Maximum Odds) check the leader's entry price — the price at which the leader wallet entered the trade.

Price Deviation (set in Trading Settings) controls your maximum fill price tolerance — how far your actual execution price can differ from the leader's.

These are two separate checks:

1. First, the Odds filter decides whether to copy the trade at all, based on the leader's price.
2. Then, during execution, the Price Deviation check ensures your fill price doesn't deviate too far from the leader's entry.

Important: Because these are separate checks, your actual fill price can be higher than your Max Odds setting. If the leader's price passes the Odds filter, the trade is submitted — and slippage or market movement may cause your fill to land above your Max Odds value. To avoid this, consider setting your Max Odds lower to account for potential price deviation.