Aave Token Security: AAVE Scan Results
Introduction
Aave Token has a trust score of 95, a trust grade of AAA, and a scam probability of 5%, with no mint function detected and reasonable holder distribution, but it also has a risk factor of only 0% of tracked liquidity being locked. Notably, Aave Token is currently trending, drawing attention from investors and crypto enthusiasts alike.
What the scan found
The scan of Aave Token, which is based on the Ethereum (ERC-20) chain and has the address 0x7fc66500c84a76ad7e9c93437bfc5ac33e2ddae9, revealed several key findings. The token has a trust score of 95 and a trust grade of AAA, indicating a high level of security. The scam probability is 5%, which is relatively low. The honeypot signal is false, and there are no buy or sell taxes. Additionally, the token is not mintable or freezable, and ownership has been renounced. The contract source code is verified, which is a positive signal. The liquidity is $1,567,368, with 0% of tracked liquidity locked, which is a risk factor. There are 201,964 holders, with the top 10 holders owning 41.7% of the tokens.
What this means for you
For someone considering investing in Aave Token, these findings are important to consider. The high trust score and low scam probability suggest that the token is secure, but the lack of liquidity locking is a risk factor that should be taken into account. The reasonable holder distribution and the fact that the contract source code is verified are positive signals. It is essential to weigh these factors carefully before making any investment decisions.
This analysis is based on automated on-chain analysis and should not be considered as financial advice. For more information, please visit the full live scan or use our free scanner to check the security of other tokens. You can also learn more about token security by reviewing the full token security checklist.