> For the complete documentation index, see [llms.txt](https://dyorhq.gitbook.io/docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://dyorhq.gitbook.io/docs/resources/risk-disclosures.md). # Risk Disclosures DyorHQ is a self-custodial interface to public, permissionless protocols on Monad. Using it involves real risk of loss. Please read this page before you trade, launch, publish or collect. ## General * **Self-custody means self-responsibility.** DyorHQ cannot recover a lost password, phrase or key, reverse a transaction, or freeze funds. See [Self-Custody & Security](/docs/platform/self-custody-and-security.md). * **Nothing here is investment advice.** Prices, charts, "Top Tokens", holder counts and P\&L are information, not recommendations. * **Early access.** The app is in early access. Expect rough edges, and never put in more than you can afford to lose. * **Third-party protocols.** Swaps, perps and bridging run on contracts DyorHQ does not control (Uniswap, Monday Trade, Kuru, Perpl, Aurora). Their availability, fees and behaviour can change. * **Smart contract risk.** Contracts can have bugs. Both the Launchpad and the Moments contracts have had internal security reviews with proof-of-concept, fuzz, invariant and fork testing, and the Launchpad was redeployed with its fixes. No independent audit has been completed yet; one is planned after the Moments validation launch. * **Monad network risk.** RPC outages, reorgs and congestion can delay or fail transactions. Gas is charged on the limit, not usage. * **Tax.** Selling, swapping or earning tokens may be taxable where you live. ## Spot swaps * Any token can be listed by anyone. Names and symbols are not unique. Verify contract addresses. * Thin pools mean high price impact. Watch the **Impact** figure and your slippage tolerance. * Quotes are estimates; the slippage floor is the only guarantee. ## Perpetuals * Leverage magnifies gains and losses. **You can lose your entire margin** on a position through liquidation. * Market orders fill inside your slippage band or cancel; limit orders may never fill. * Funding payments accrue every hour while a position is open. * Take Profit / Stop Loss are keeper-managed triggers; they need One-Click Trading and a live connection, and are not guaranteed to fill at the trigger price in fast markets. * Perpl's exchange is a third-party protocol with its own risks and rules. ## Launchpad * Launch coins are highly speculative. Most will lose most of their value. * The early-buy tax is severe (98% in the first second). Buying in the first seconds without an exemption almost guarantees a loss. * The creator sets a creator tax of up to 10% on every curve trade and whether fees go to holders or to themselves. Check **About** before trading. * Graduation is not guaranteed. Coins that never graduate stay on their curve. While a stuck graduation is pending, the coin can't be traded at all. If graduation fails for 7 days the owner can put the launch into refund mode, where the coin's page lets holders sell back into the curve with no fees. * In the app, coins still on a previous DyorHQ launchpad's curve can be sold but not bought. * Locked liquidity cannot be withdrawn by anyone, which also means it can never be "rescued". * Coins paired with aBIL depend on that asset's liquidity on Monday Trade. ## Moments * **The collector cohort is negative-sum without new demand.** 25% of every collect goes to the creator and DyorHQ before any trading. Absent new buyers after graduation, collectors as a group recover less than they paid. * **Most Moments will never graduate.** That's by design: they remain keepsakes and no coin is created. Do not collect expecting a coin. * **A graduated coin can be thin.** A single wallet can collect a Moment to its threshold and sell into the pool. DyorHQ shows holder counts and the top wallet's share; use them. * **Vesting.** Collector coins unlock 60% at graduation, then 20% a month for two months. Creator coins unlock over five months. The price can move a lot in between. * **Editions are bearer NFTs.** Owning an edition doesn't prove you were there, and nothing verifies that a creator owns the media they publish. The coin entitlement stays with the collecting wallet, not the NFT. * **Media is permanent.** Once published, the media pointer and fingerprint can't be changed by anyone. Publish only what you have the right to publish. * **No KYC, no geofence.** DyorHQ Moments is a permissionless protocol. Whether you may use it, and how gains are taxed, depends on your jurisdiction. It's on you to check. * **Marketplaces are third parties.** OpenSea can delist collections and doesn't guarantee royalties. ## Bridge Cross-chain transfers are settled by Aurora Intents and can be delayed or refunded. Never bridge more than you can wait for. *** By using DyorHQ you accept the [Terms of Use](https://dyorhq.fun/terms). --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation by asking a question. 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