Aerodrome AERO Security Review
Introduction
The trust score for Aerodrome (AERO) is 60, with a trust grade of B, and a scam probability percentage of 40%, with the most significant risk factor being the contract's ability to mint new tokens, potentially leading to supply inflation. Aerodrome is currently drawing attention, and understanding its security is crucial for potential investors.
What the scan found
Our on-chain security scan revealed that Aerodrome has a trust score of 60 and a trust grade of B. The scam probability percentage is 40%, indicating some level of risk. The honeypot signal is false, suggesting that the contract does not have mechanisms to trap investor funds. There are no buy or sell taxes, and the contract is mintable but not freezable. Ownership of the contract has been renounced, and the contract source code is verified. The current liquidity is $37,388, with no liquidity locked, and the top 10 holders control 67% of the supply. There are 749,453 holders of the token.
What this means for you
For someone considering investing in Aerodrome, it's essential to understand the implications of these findings. The ability of the contract to mint new tokens poses a risk of supply inflation, which could negatively impact the token's value. Additionally, the high concentration of ownership among the top 10 holders could lead to centralization and potential manipulation. However, the large number of holders and the verification of the contract source code are positive signals. The lack of liquidity locking and the low liquidity depth are also risk factors to consider.
This analysis is based on automated on-chain security scans and should not be considered as financial advice. For more information on Aerodrome's security, visit the full live scan. To learn more about token security and how to protect yourself from potential risks, refer to the full token security checklist. You can also use our free scanner tool to analyze other tokens and make informed decisions.