Skip to main content
LaserSell is an automated trading tool for experienced cryptocurrency users. You are solely responsible for the custody of your private keys and the financial outcomes of your trades.

Software and network risks

  • RPC / network failures: LaserSell depends on third-party RPC providers and the Solana network. Congestion or downtime can delay or fail sell orders, leaving you in a position longer than intended.
  • Execution slippage: The fill price may differ from the trigger price during high volatility. The slippage_pad_bps setting helps, but cannot eliminate slippage entirely.
  • No warranty: This software is provided “as is.” Bugs or future Solana protocol changes could affect performance.

Market risks

New token markets are the highest-risk sector in crypto.
  • Liquidity risk: Tokens can become unsellable if liquidity is withdrawn (rug pull) or the bonding curve stalls.
  • Total loss: Memecoin values commonly drop to zero within minutes. Never deploy capital you cannot afford to lose.
  • Scams: LaserSell cannot predict whether a developer will dump supply or whether token metadata is malicious.

Wallet security

LaserSell creates a hot wallet on your machine, encrypted with Argon2id + XChaCha20-Poly1305.
  • Encryption strength depends entirely on your passphrase.
  • If your machine is compromised, your keystore and passphrase can be stolen.
  • Run LaserSell on a dedicated, clean machine.
  • Do not keep large balances in your trading wallet. Sweep profits to a hardware wallet regularly.

Responsible configuration

  • Always set a stop loss. Relying on manual intervention is too slow for this market.
  • Use a deadline timeout. If a trade has not worked out in a set number of seconds, exiting preserves capital.
  • Start small. Verify LaserSell executes as expected with minimal amounts before increasing position sizes.

Regulatory compliance

  • You are responsible for ensuring your trading activities comply with local laws and regulations.
  • Automated trading generates a high volume of taxable events. You are responsible for tracking and reporting transactions.
By running LaserSell, you affirm that you have read this disclosure and accept these risks.