Custody

Custody is the control of private keys, determining who can access and move your crypto assets. It's the difference between holding your own funds and trusting a third party to do it for you.

Why it matters on AGON

On AGON, your USDC collateral lives in a smart wallet you control on the Base network. We never take direct possession of your funds. This architecture means your positions on /markets are secured by on-chain logic, not by our company's balance sheet. Your assets are your assets.

Centralized platforms like Stake or most CEXs hold your funds for you. This is convenient until it's not. FTX getting its users rekt is the canonical example of custodial risk. Self-custody on AGON removes that entire class of third-party risk.

How to apply

Choose your model based on your risk tolerance and technical comfort.

Custodial: Simple, familiar, but you are trusting a third party with your capital. It's a dependency. Good for onboarding, bad for tail-risk events.

Self-Custody: Full control, censorship-resistant, but you bear full responsibility. Lose your keys, lose your funds. AGON's smart wallet system aims for the best of both: the security of self-custody with a UX that doesn't require manual seed phrase management for every session. True degen traders will always opt for control.

See also

depeg · repeg · self-custody · smart-wallet

Trading prediction markets involves risk. Not financial advice.