> For the complete documentation index, see [llms.txt](https://docs.pumphood.fun/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.pumphood.fun/more/risks.md).

# Risks & disclaimers

pumphood is open, permissionless software. Using it means accepting the realities of on-chain crypto. Please read this page before you launch or trade.

{% hint style="danger" %}
**You can lose everything.** Tokens launched on pumphood are highly speculative and most will go to zero. Never spend more than you can afford to lose.
{% endhint %}

## Market risk

* Any token can lose **all** of its value, quickly and permanently.
* pumphood does **not** endorse, vet, or guarantee any token launched through it. Anyone can launch anything.
* Nothing on pumphood is financial, investment, or legal advice.

## On-chain risk

* **Transactions are irreversible.** Funds sent to the wrong address or lost keys cannot be recovered by pumphood.
* Smart contracts, however carefully written and tested, can contain bugs or be affected by issues in their dependencies.
* You are responsible for verifying [contract addresses](/under-the-hood/contract-addresses.md) before you interact.

## Scams to watch for

* **Copycat tokens** — a token can reuse a famous name or logo. A name means nothing; check the contract address.
* **Impersonation** — a fee recipient handle or token metadata can claim to be someone it isn't.
* **Fake sites** — always navigate from the official pumphood link. Bookmark it.

## Your responsibilities

* Secure your own wallet, keys, and login credentials.
* Comply with the laws of your jurisdiction, including any securities, tax, and anti-fraud rules.
* Only launch tokens you have the right to launch — no trademark or IP infringement, no fraud.

## No guarantees

pumphood is provided **"as is,"** without warranties of any kind. The value, liquidity, trading volume, and outcome of any token are never guaranteed.

***

*For the full legal terms, see the Terms of Service and Privacy Policy linked in the pumphood app footer.*


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