Fetch FET Security Scan Results
Introduction to Fetch
Fetch (FET) is currently drawing attention, prompting us to run it through our RugShield security scanner to provide an assessment of its on-chain security.
What the scan found
The scan of Fetch's Ethereum (ERC-20) contract at address 0xaea46a60368a7bd060eec7df8cba43b7ef41ad85 revealed several key findings. The token has a trust score of 47, corresponding to a trust grade of C, and a scam probability of 53%. The honeypot signal is false, indicating no honeypot trap detected. There are no taxes on buying or selling. The contract is mintable and freezable, but ownership has been renounced. The contract source code is verified. In terms of liquidity, the scan found $30,957 in liquidity, with 0% of tracked liquidity locked. There are 169,981 holders, with the top 10 holders controlling 47.1% of the tokens.
What this means for you
Considering investing in Fetch, it's essential to understand the implications of these findings. The ability to mint new tokens poses a risk of supply inflation. The fact that transfers can be paused by the contract owner and the presence of a hidden owner detected are significant risk factors. Additionally, the low liquidity depth of $30,957 and the lack of locked liquidity are concerns. On the positive side, the contract source code is verified, and there is a reasonable holder distribution, with 169,981 holders. However, the overall trust score and scam probability suggest caution.
This analysis is based on automated on-chain data and should not be considered as financial advice. For the full live scan of Fetch (FET), visit the scan page. To scan other tokens, use our free RugShield scanner.