/learn
Token risk, explained
13 guides to the warning signs a scan reports, what each one proves, and — just as important — what it does not. Written to be read before you need them, not after.
Fundamentals
What is a rug pull?
The routes to the same outcome, and which of them are observable in advance.
How to check a token before buying
A ten-minute routine, in the order that catches the most for the least effort.
How to check if a token is risky
A practical framework for reviewing observed warning signs without relying on a single label.
Contract risk
Owner privileges explained: mint, pause, blacklist
The contract powers that decide whether your position is really yours.
Deployer history and why it matters
What a deployer's past tokens can show, and the reputation shortcuts worth refusing.
What is a honeypot token?
How trading restrictions and sell failures appear in a risk review.
What does renounced ownership mean?
Why renouncing reduces some admin risk but does not settle a review.
What is a proxy contract?
Why upgradeable contracts need implementation and admin review.
Market risk
How to read a liquidity lock
The three numbers behind the phrase, and why the phrase alone tells you nothing.
What holder concentration tells you
How to read a distribution figure, and the questions it cannot answer.
What is holder concentration?
Why large holders and clustered wallets can change token risk.
Why unlocked liquidity is risky
How LP unlocks and liquidity drops affect observed risk.
Reading a report
Run the check
Each guide has a matching check you can run against a real token:
These guides are educational. Cryptoassets are high risk and you could lose all money used to buy them. Nothing here is financial advice or a recommendation to buy or sell, and no check described on these pages can establish that a token is safe.