Aerodrome AERO Security Scan Results
Introduction
Aerodrome's trust score is 75 with a grade of A, a scam probability of 25%, and a significant risk factor due to the contract's ability to mint new tokens, which poses a supply inflation risk. Notably, Aerodrome is currently trending, drawing attention from potential investors.
What the scan found
The on-chain security scan of Aerodrome (AERO) on the Base chain revealed several key findings. The token has a trust score of 75 and a trust grade of A, indicating a relatively high level of security. However, there is a 25% scam probability, which is a notable risk. The scan also found that the contract has no honeypot signal, buy tax, or sell tax. Additionally, the contract is mintable but not freezable, and ownership has been renounced. The contract source code is verified, which is a positive signal. The liquidity is $91,697, but only 0% of tracked liquidity is locked. The token has 748,586 holders, but the top 10 holders control 67.4% of the supply.
What this means for you
For someone considering investing in Aerodrome, these findings are crucial. The ability of the contract to mint new tokens poses a significant risk of supply inflation, which could negatively impact the token's value. Furthermore, the concentration of ownership among the top 10 holders is a risk factor that could lead to price manipulation. On the other hand, the verified contract source code and the large number of holders are positive signals. The lack of liquidity locking is also a concern, as it could lead to liquidity issues.
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 of Aerodrome. You can also use our free scanner to check the security of other tokens. To learn more about token security, refer to the full token security checklist.