Legal
Risk disclosure
Last updated 1 October 2026
Newly launched tokens are among the riskiest assets in crypto. Most lose most of their value. Only trade what you can afford to lose entirely.
Market risks
- Prices can move 50–100% in minutes. Liquidity can be thin, so selling may move the price far against you or be impossible.
- Tokens can be abandoned, dumped by their creator or early holders, or manipulated through coordinated wallets ("bundles") and wash trading.
- Some tokens charge buy or sell taxes set by their creator, on top of pool fees and the Pounce fee.
Technical risks
- Trades run through third-party smart contracts (launchpads, pools, routers) that may have bugs, be paused, or be upgraded by their owners.
- Transactions can fail, for example when the price moves past your slippage; network and storage fees are not refunded.
- You are responsible for your wallet and keys. Anyone with your keys can move your funds; no one, including Pounce, can recover them.
Data risks
- Prices, charts, volumes and holder data come from indexers and third-party APIs and can be delayed, incomplete or wrong.
- Pounce Check verdicts (Clean, Caution, Risky) are automated signals, not audits. A Clean token can still go to zero; a Risky label is not an accusation.
Legal and tax
Rules for crypto assets differ by country and change often. You are responsible for following the law where you live and for any taxes.