RISK DISCLOSURE
Please read this carefully. By using PumpTrader, you acknowledge and accept all risks stated below.
HIGH RISK WARNING
Cryptocurrency trading, particularly in speculative tokens and memecoins on the Solana network, carries extreme risk of total capital loss. You should never trade with money you cannot afford to lose.
IMPORTANT NOTICE
PLEASE READ THIS DISCLAIMER CAREFULLY BEFORE USING THIS SOFTWARE.
By installing or using PumpTrader, you acknowledge that you have read, understood, and agree to be bound by all terms set forth in this document.
1. NOT FINANCIAL ADVICE
PumpTrader is an experimental automation tool provided strictly for educational and research purposes. Nothing in this software, its documentation, or its outputs constitutes financial advice, investment advice, trading advice, or any other type of advice.
The developer is not a licensed financial adviser, broker, or investment professional. Consult a qualified financial professional before making any investment decisions.
2. NO WARRANTY — PROVIDED 'AS IS'
This software is provided 'AS IS' and 'AS AVAILABLE' without any warranty of any kind, express or implied, including but not limited to warranties of merchantability, fitness for a particular purpose, accuracy, reliability, or non-infringement.
The developer does not warrant that the software will be error-free, uninterrupted, secure, or that defects will be corrected. The entire risk from use rests solely with you.
3. SLIPPAGE — WHAT IT IS AND WHY YOUR SELL PRICE WILL BE LOWER
When you see a position at +15% profit on the dashboard, you will NOT receive exactly +15% when it closes. The final PnL will always be lower. This is normal and expected. Here is why:
WHAT IS SLIPPAGE?
On a decentralized exchange (DEX), there is no fixed order book. Price is determined by a liquidity pool formula. When you sell, your sell itself moves the price against you. The larger your trade relative to the pool, the worse the execution price. This gap between the "shown price" and the "actual received price" is called slippage.
WHAT SLIPPAGE IS NOT:
It is not a bug. It is not an error. It is not PumpTrader miscalculating. It is a fundamental property of AMM (automated market maker) DEXes like those on Solana.
WHY DOES THE DISPLAYED PnL DROP AFTER A SELL?
The price shown while the position is open is the mid-market price — what the pool reports. At the moment of the actual sell, Jupiter routes the swap and you receive a slightly worse price due to: (1) slippage impact from your trade size, (2) DEX fees, (3) Jito priority fee, (4) any price movement in the milliseconds between signal and execution. PumpTrader deducts all of these costs automatically to show you the real net PnL.
EXAMPLE:
• Position shows: +15.0% at close trigger
• Slippage (0.8%) + fees (0.6%) + buffer (1.5%) = ~2.9% deducted
• Actual PnL received: ~+12.1%
Tokens with lower liquidity have higher slippage. This is by design. PumpTrader's slippage model scales with pool size — small pools = larger deduction.
4. EXTREME FINANCIAL RISK & CAPITAL LOSS
Cryptocurrency trading, particularly in speculative tokens and memecoins, carries extreme risk. You may lose your entire invested capital within seconds.
Past performance of any strategy, signal, or algorithm does not guarantee future results. Market conditions, liquidity, slippage, and network failures can cause significant unexpected losses. Never trade with money you cannot afford to lose.
Do not use borrowed funds, retirement savings, or emergency funds for cryptocurrency trading.
5. RUG-PULLS, SCAMS & TOKEN SAFETY
Decentralized exchanges (DEXs) on the Solana blockchain are largely unregulated. Tokens may be fraudulent, involve coordinated pump-and-dump schemes, honeypots, or rug-pulls.
PumpTrader's filters (RugCheck score, holder count, dev balance, etc.) are heuristic in nature and do NOT guarantee that any token is safe, legitimate, or free from manipulation.
The developer accepts no liability for losses arising from fraudulent tokens or malicious contracts.
6. ALGORITHMIC FAILURES & EXECUTION ERRORS
Automated trading systems are subject to software bugs, logic errors, network latency, API outages, and hardware failures. Orders may execute at unintended prices, fail to execute at all, or execute multiple times.
The developer is not responsible for losses from software malfunction or unexpected market behavior. You are solely responsible for monitoring the bot and your open positions at all times.
7. THIRD-PARTY SERVICES & DEPENDENCIES
PumpTrader depends on third-party services including: Solana RPC providers, Jupiter Aggregator API, RugCheck API, and Telegram Bot API. The developer has no control over the availability, accuracy, or behavior of these services.
Any downtime, incorrect pricing, failed transactions, or rate limiting may cause unintended losses. The developer is not liable for damages caused by any third-party service.
8. PRIVATE KEYS, WALLETS & SECURITY
You are entirely responsible for the security of your Solana wallet private keys, seed phrases, and all API credentials stored in your .env file. Never share your private key or .env file with anyone.
If your credentials are compromised, you may lose all funds in your wallet. The developer does not have access to your keys and cannot recover lost funds.
9. REGULATORY COMPLIANCE & JURISDICTION
The legality of automated cryptocurrency trading varies across jurisdictions. You are solely responsible for ensuring that your use of PumpTrader complies with all applicable laws, regulations, and tax obligations in your country or region.
The developer makes no representations regarding the legality of using this software in your jurisdiction. You assume all legal and regulatory risk associated with your use.
10. LIMITATION OF LIABILITY
To the maximum extent permitted by applicable law, the developer, contributors, and affiliates of PumpTrader shall not be liable for any direct, indirect, incidental, special, consequential, or exemplary damages including but not limited to: loss of profits, loss of funds, loss of data, business interruption, or any other financial loss arising from your use or inability to use this software, even if advised of the possibility of such damages.
11. ACCEPTANCE OF TERMS
By installing, running, or otherwise using PumpTrader, you unconditionally accept all terms stated in this Disclaimer. You confirm that you are of legal age in your jurisdiction, that you understand the risks involved in cryptocurrency trading, and that you take full and sole responsibility for all trading decisions made by this software on your behalf.