Security
How to spot a scam token
Updated 2026-03-28
Creating a token takes minutes, which is why scams are common. Warning lists from analytics sites flag thousands of suspicious tokens every month. Fortunately, most scams share the same signs.
Contract red flags
- Honeypot: you can buy but the contract blocks selling.
- Owner privileges: the creator can mint unlimited tokens or change fees to 100%.
- Unlocked liquidity: the creator can withdraw the trading pool at any moment — a "rug pull".
Distribution red flags
If a handful of wallets hold most of the supply, they can crash the price at will. Block explorers show the top holders for free.
Marketing red flags
Guaranteed returns, countdown timers, celebrity endorsements and pressure to "buy before listing" are classic manipulation tactics. Real projects publish documentation and code, not just promises.
Fake audits
A logo of an audit company on a website proves nothing. Open the report on the auditor's own website and check the contract address matches.