Centrifuge CFG Security Scan Results
Introduction to Centrifuge CFG
Centrifuge (CFG) is currently drawing attention, and we have run it through our RugShield security scanner to provide an assessment of its safety.
What the scan found
The scan found that Centrifuge CFG has a trust score of 55, which corresponds to a trust grade of B. The scam probability percent is 45, indicating a moderate risk. The honeypot signal is false, and there are no taxes on buying or selling. The contract is mintable, but it is not freezable, and ownership has been renounced. The contract has been verified, which is a positive signal. The liquidity is $29,657, with 0% of it locked, and there are 11,185 holders, with the top 10 holders controlling 47.9% of the tokens.
What this means for you
The findings of the scan indicate that while Centrifuge CFG has some positive signals, such as a verified contract and a reasonable holder distribution, it also has some risk factors. The fact that the contract is mintable and has a hidden owner detected means that there is a risk of supply inflation and obscured control. Additionally, the low liquidity depth and lack of locked liquidity are also concerns. On the other hand, the large number of holders and the renounced ownership are positive signs. It is essential to consider these factors when deciding whether to invest in Centrifuge CFG.
This analysis is based on automated on-chain data and should not be considered as financial advice. For the full live scan of Centrifuge CFG, please visit the scan page. You can also use our free RugShield scanner to check the security of other tokens.