The risks, in plain words

A coin launched here is a memecoin on pump.fun. Most memecoins lose most of their value, and many go to zero. A fighter being fun, well drawn or popular in the Arena does not make its coin worth anything.

Prices are set by whoever is trading on the market. We do not set or guarantee any price, and nothing here is a promise to support one. A fighter winning a match does not move its price in any way we can promise.

Milestones unlock things for a fighter (a build, a costume, a stage). They are not a return for holders. Reaching one gives a coin holder nothing but a better-looking fighter.

Launching a coin needs your own wallet, network fees and any buy you choose to make yourself. Transactions can fail or be front-run, and on-chain transactions cannot be reversed. We never take custody of your funds and only ever ask your wallet to sign what is shown to you.

The treasury share pays for fighter builds (AI and compute costs), upgrades and running the site. It is not held on your behalf and it is not a fund that backs any coin. Every claim and every build cost is listed on the transparency page.

Milestones are measured on the lifetime creator fees a coin has generated (all shareholders combined), read from on-chain trades. A coin that trades a lot can hit one while its price falls. A coin whose price rises on low volume may never hit one. Figures shown while a market indexer is not connected are labelled as estimates or demo data.

Fee sharing relies on pump.fun's programs and the Solana network. If they change their rules, have bugs, or go down, fee splits, trading or milestone tracking can break or change, and we may not be able to fix it.

A fighter is built by an automated pipeline once its coin crosses the first milestone. Builds can take time, can fail a quality check and be retried, or be held for human review. Hitting the threshold does not guarantee an instant reveal.

Moves and stats are balanced by simulated fights, but some fighters will be stronger than others. We may rebalance, and a fighter may be retired. Retired fighters keep their page and record in the Hall of Fame; they are never deleted.

Predicting a match uses free points that have no cash value and cannot be bought, sold or withdrawn. There is no real-money wagering on CHALLENGER.

We refuse concepts based on real people, existing characters or brands, hateful or sexual content, and anything involving minors. An automated filter and a human review queue do this, so a good concept may sometimes be held or refused. Filters also miss things: we may remove a fighter that should not be here, but we cannot promise to catch every case first.

CHALLENGER is early. It has bugs, and its code may not have had a third-party audit. Only use a wallet and an amount you are comfortable with, and check every transaction your wallet shows you.