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Risk Watch

How rug pulls work and how to spot one. Below that, newly launched tokens on Ethereum, Base, BNB Chain and Solana whose contracts or liquidity trip objective automated checks, and liquidity pulls we have confirmed on-chain.

Signals, not accusations. The high-risk list shows which automated checks fired on a token. It does not say that anyone has done anything wrong, and a check can be wrong. Only a liquidity pull we have confirmed on-chain is stated as fact, and it always links to the transaction. A token missing from this page is not a safe token. Nothing here is investment advice. Project teams can ask for a listing to be reviewed.

Check a token

Paste a contract address (or a Solana mint) to run the same checks live. The result is not stored and is not a listing. Limited to a few checks per minute.

High-risk signals: tokens launched in the last 72 hours

New pools paired with a major asset (ETH, BNB, SOL, USDC or USDT) that reached at least $5,000 of liquidity, checked at discovery and again at 1, 24 and 72 hours. Each listing names the signals that fired.

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Confirmed liquidity pulls: last 30 days

Pools where the quote side fell to 10% or less of its peak, and removal transactions sent by the token's deployer or its first liquidity provider took out at least 90% of it, within 30 days of launch. Each links to the transaction.

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How rug pulls work

A rug pull is when the people behind a token take the money buyers put in and leave them holding something they can't sell for much. Four patterns cover most cases.

Honeypot

The contract lets you buy but blocks or heavily taxes selling, so the price only goes up on the chart while nobody but the owner can get out.

Mint and dump

The owner keeps the power to create new tokens, mints a large amount, and sells it into the pool, draining the ETH, BNB or SOL that buyers paid in.

Liquidity pull

The deployer holds the pool's liquidity tokens unlocked and withdraws them, taking the paired asset out of the pool. The token is left with no market.

Tax switch

Trading starts with low taxes, then the owner raises the sell tax (sometimes to 100%) or blacklists wallets, trapping holders after they've bought.

A checklist you can run yourself

  1. Is the source code verified on the explorer? Unverified code can hide anything.
  2. Has ownership been renounced? If not, what can the owner still do: mint, pause, blacklist, change taxes, upgrade?
  3. Is the liquidity locked or burned, and for how long? Who holds the liquidity tokens?
  4. How concentrated are the holders, leaving out the pool and burn addresses?
  5. Can you sell? Check a simulator's buy and sell tax before you buy, not after.
  6. On Solana: are the mint and freeze authorities revoked? Was the launch spread across many wallets funded from one source?
  7. Has the deployer launched tokens before, and what happened to them?

Method and scoring rule

The rule is fixed and published; there is no hidden score. A check whose source didn't answer is shown as "not checked" and never counts either way.

High risk: any one critical signal fired, or three or more moderate signals fired.

Elevated: one or two moderate signals fired, and no critical signal.

No signal fired does not mean a token is safe: checks can be incomplete, and a token can change after we look.

SignalWeightHow it's checked
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Coverage right now

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Sources: GoPlus token security (buy/sell simulation and contract flags), RugCheck (Solana), Etherscan-family explorers, DexScreener (Uniswap v4 liquidity), and our own reads of the chains. Discovery reads new pools straight from the DEX factories and launch programs, not from paid listings.

Daily digest

Once a day: stablecoin prices and peg health, plus the day's count of new high-risk tokens and confirmed pulls.

Browser notifications store only your browser's push subscription (an address your browser's push service gives us, and its keys). No name, email or IP. Turning them off deletes it. See the privacy policy.

Corrections

If you're responsible for a listed token and think a listing is wrong, tell us why. An operator reviews every request. If the request is upheld, the listing is removed and the decision is logged.