| Operator risk | A keeper completes your launch. If it is down, compromised or dishonest, a launch can stall or fail, and the refund is a promise, not a contract. |
| Half-launched coin | The chains are separate: a coin can exist on pump.fun and Pons and not on Flap if the third step fails, or on pump.fun only if the second fails. It is refunded minus costs. |
| Three prices | The three coins are independent. They will trade at different prices, and a buyer on one side may pay more than on another. Nothing here promises a single price. |
| Coin risk | A new bonding-curve coin can lose all its value. Creating one on three chains triples the places where that can happen. |
| Contract risk | The Robinhood Chain and BNB Chain contracts are tested on forks and not audited. |
| Flap tax risk | A Flap coin carries a tax on every trade, before and after graduation, for 99 years. A tax token can be unwelcome to some traders and some aggregators. The tax is the creator fee you chose, 1 % at the lowest. |
| Dev buy risk | A dev buy is a real buy on a fresh curve: it can lose its value like any buy, and the price can move between the quote and the launch for the part converted from SOL to ETH or BNB. The margin covers small moves. |
| Float risk | The keeper pays gas on three chains from floats. If a float runs out, requests pause. If the operator's key is lost, so is the float. |
| Smart-wallet and RPC risk | A failed RPC call or a changed pump.fun program can break the pipeline. |
| Fee sharing | pump.fun's fee sharing is locked after one call. A wrong address given at launch cannot be changed. Check the addresses on the launch page. |
| Regulatory risk | Launching and promoting a coin can be regulated where you live. That is yours to check. |