6. Limitations

Everything FILING cannot see, in one place. Each limitation is also printed on the filings at the exact point where it matters. If a limit below would change how you read a number, the page carrying that number says so too.

AN HONEST CAVEAT BEATS A CONFIDENT WRONG NUMBER. THAT TRADEOFF IS THE
ENTIRE PRODUCT.

1. ROUTER-ROUTED TRADES ARE NOT ATTRIBUTABLE
WHAT	Trades routed through aggregator or router contracts carry the router as buyer/seller. 'Creator buys' and 'creator sells' count the creator wallet only.
FOR THE READER	A creator trading through a router is invisible to those counters. Zero creator activity on the page does not prove the creator never traded.

2. ONE PERSON, MANY WALLETS — NOT DETECTABLE
WHAT	Balances are per-address. A person holding through ten wallets appears as ten holders. Bundle detection catches one specific pattern (common-funder, same-burst entry at launch); it cannot catch wallets funded through exchanges, bridges, or patient operators.
FOR THE READER	Holder counts and top-10 tables describe addresses, not people. Concentration can be worse than it looks; it is never reported better than it looks.

3. THE CURVE-SIDE ETH LEVY IS NOT INTERPRETED
WHAT	TokenTradeV2 (0x362fD190fa57ea181B85C86df2E5B2113C2834c7), which computes the Portal's ETH-side charge on taxed tokens' curve trades, is not verified on the RH Chain explorer, and observed charges do not match nominal rates.
FOR THE READER	Filings print the raw configured values and refuse to translate them into an effective curve-phase percentage. Permanent until that source is published and verified.

4. FUNDING EDGES COME FROM THE PROVIDER'S TRACE INDEX
WHAT	Native ETH transfers emit no logs; first-funder edges behind bundle findings are fetched from the RPC provider's trace API.
FOR THE READER	Every edge carries its transaction hash and is independently verifiable one by one — but the enumeration itself trusts the provider's index.

5. THE PORTAL IS AN UPGRADEABLE PROXY
WHAT	Flap can change the mechanism for future tokens at any time. Events that stop decoding after an upgrade are recorded as undecoded, never skipped.
FOR THE READER	The preamble on every filing describes today's verified mechanism. An upgrade would surface as recorded gaps and updated disclosures, not silent guesses.

6. INDEXING LAGS THE CHAIN BY DESIGN
WHAT	RH Chain produces ~10 blocks/second. The index typically trails by under a minute, plus a 10-block confirmation buffer.
FOR THE READER	Every filing prints the exact block its data is current through. For a token launched seconds ago, expect NOT-YET-READ cells and an NG grade — that is the system working, not failing.

7. COVERAGE IS THE FLAP PORTAL ONLY
WHAT	Tokens from other launchpads or direct deployments have no filings.
FOR THE READER	A missing filing is not a verdict of any kind. See Coverage.