Risk disclosures

Trading new tokens is high risk. You can lose everything you put into a token. This page explains the main risks in plain words.

Nothing on Torch is financial advice

• Nothing in the Torch app, the Telegram bot, these docs, the Alpha feed, Torch's social channels or any announcement is financial, investment, legal or tax advice, or a recommendation to buy, sell or hold anything.
• Calls, theses, rankings (Trending, Top holders, Top callers) and posts are made by users or generated from on-chain data. They show what happened, not what will happen, and Torch doesn't endorse any token or trader.
• Torch launchpad tokens are created by their own creators. A token being launched on Torch doesn't mean Torch reviewed, approved or vouches for it.
• $TORCH is a volatile token. Burns, buybacks and holder rewards don't guarantee any price or return.
• You are solely responsible for your own decisions and for complying with the laws and tax rules where you live. Only trade with money you can afford to lose.
• Torch is provided as is. Blockchains, bridges, exchanges and market-data providers are third parties that can fail, be slow or be wrong.

Anyone can copy a name or logo

Anyone can launch a token called anything, with any picture. Always check the contract address before you buy or share a link. Torch launchpad tokens always end in 1111.

Prices move fast

Small pools move a lot with every trade. Charts and market caps are for information; the price you get is the quote at the moment you trade. Slippage and price-impact warnings are there to slow you down, not to promise a fill.

Orders are best-effort

Take-profit, stop-loss and limit orders trigger on observed prices and then trade against whatever liquidity exists. In a crash a stop loss can fill well below its trigger, or fail if liquidity disappears.

Anti-snipe is a deterrent, not a guarantee

On Torch launches the buy tax starts at 80% for the first few seconds, so early bots pay most of their buy as tax. Someone using many wallets, or willing to pay that tax, can still buy a lot of supply early.

Tokens can have their own rules

Some tokens (not Torch launches) charge their own taxes, limit selling, or block it entirely. Torch can't override a token's own contract. If a sell fails for a token you bought elsewhere, the token itself may be the reason.

Partner launchpads are third parties

Tokens launched on partner launchpads follow that launchpad's rules (bonding curves, migrations, fees). Torch connects to them but doesn't control them.

Immutable means immutable

Torch launchpad tokens have no owner, pause or upgrade path. That protects holders from rug pulls, but it also means a mistake in a launch (wrong name, wrong tax) can't be fixed afterwards. Check everything on the review screen.

Custody

Your keys are held in third-party secure hardware under rules you approve. Torch's design limits what could go wrong to trades under your auto-approve limit, into your own wallet, within an hourly cap. It can't make that risk zero. Export your keys and keep your limit sensible.

Bridges and cross-chain trades

Bridges are run by independent providers. Only the guaranteed minimum on a quote is promised. Under congestion, delivery can take longer than estimated. A bridge that started is being delivered; it isn't lost, even if it's slow.

Every chain is different

Gas costs, speed and how transactions are ordered differ per chain. Don't assume what's true on Robinhood Chain is true elsewhere.