Is DRV Safe? Our Security Scan of Derive
Derive (DRV) scores 70/100 (grade A) on CryptoRefuge's RugShield security scan, with a composite scam-risk reading of 30% — we ran its contract through the scanner as it drew attention. Here is the full breakdown.
What the scan found
On Ethereum (ERC-20), no honeypot signal was detected on the sell function. Buy tax is 0% and sell tax is 0%. The mint function is not active, and ownership is renounced. Tracked liquidity is $47,175 (0% locked), held across 54,574 holders, with the top 10 controlling 85.9%.
What this means for you
The core contract checks look reasonable, but a passing scan is not a guarantee — trends reverse and liquidity can move.
Risk factors flagged:
- Top 10 holders control 85.9% of supply
- Only 0% of tracked liquidity is locked
- Low liquidity depth: $47,175
Positive signals:
- No mint function detected
- Contract source code is verified
- 54,574 holders
Verify it yourself
This is automated on-chain analysis, not financial advice. See the full live result on the Derive scan page, run any token through the free RugShield scanner, or read the complete token security checklist.
Data: CryptoRefuge RugShield on-chain scan via GoPlus. Always do your own research.