All deposited funds are held either by Underdog Sports, LLC or UDM, LLC in segregated customer accounts that are completely separate from our company's operating funds.

For full details, please refer to the Underdog Fantasy Terms of Use and the UDM, LLC Account Agreement.

For CDNA-powered accounts, customer funds for Prediction Picks were held by Crypto.com | Derivatives North America (CDNA) as part of the third-party exchange relationship. Underdog did not directly hold or manage those funds.

For Kalshi-powered accounts, Underdog Predict (UDM, LLC) now holds customer funds directly as a registered Futures Commission Merchant (FCM). This is required by CFTC regulations, which mandate that FCMs maintain customer funds in segregated accounts separate from their own operating capital.

Segregation is a regulatory requirement that keeps your funds in accounts that are separate from Underdog's own business funds. This is a standard protection in regulated financial markets designed to ensure customer funds are not used for the company's operating expenses.

If your account is powered by Crypto.com | CDNA, your Predictions funds are still held by Crypto.com | CDNA. For details on how CDNA manages customer funds, refer to the Crypto.com Terms of Use and their Membership Agreement.

Is my money safe?
Underdog Predict operates under CFTC regulatory requirements that include specific rules for how customer funds must be held and protected. Your Predictions funds are held in segregated accounts separate from Underdog's operating funds.

What happens to my funds if I stop trading?
Your funds remain in your account until you choose to withdraw them. You can withdraw your withdrawable balance at any time through the standard withdrawal flow in the app. Contact support if you need help accessing your balance.