Sashimi.fun
TESTNET

Risk disclosure

Last updated 2 September 2026

Memecoins are among the riskiest assets that exist. Read this before you trade or launch anything.

You can lose everything

Most tokens launched on any launchpad never graduate and go to zero. A token's price is set entirely by what other people are willing to pay. There is no underlying value, no team obligation and no floor.

Bonding-curve mechanics

While a token is on the curve, the price rises as more is bought and falls as more is sold, deterministically. Large buys move the price a lot. Selling into a thin curve returns far less than was paid. The anti-snipe surcharge makes buys in the first 90 seconds materially more expensive.

After graduation

Graduated tokens trade on Uniswap V3 with locked liquidity. Locked liquidity means the pool cannot be drained by its creator; it does not mean the price cannot fall to almost nothing. Large holders can still sell.

Creators and other participants

Creators can buy at launch (disclosed as a dev-buy), sell at any time, and coordinate with others. The risk signals on each token page describe structure, not intent, and cannot detect every form of manipulation.

Smart-contract and network risk

The contracts are immutable and unaudited. They have been tested extensively but any software can contain bugs. Arc is a new blockchain in early production; outages, reorganisations and RPC failures are possible. A transaction that appears to fail may still succeed and vice versa.

Regulatory risk

The legal treatment of tokens differs by jurisdiction and can change. You are solely responsible for determining whether using the Protocol is legal for you and for any taxes that result.

No recourse

Transactions on a blockchain are final. We cannot reverse trades, recover lost funds, freeze tokens or intervene in any market.