Is MYX Safe? What Our Security Scan of MYX Found
Introduction
The trust score of MYX is 90, with a trust grade of AAA, a scam probability percentage of 10, and the most significant risk factor being that the top 10 holders control 88.4% of the supply. Notably, MYX is currently trending, drawing attention to its on-chain security.
What the scan found
The scan of MYX revealed several key findings. The token has a trust score of 90 and a trust grade of AAA, indicating a high level of security. The scam probability percentage is 10, which is relatively low. The honeypot signal is false, meaning there is no indication of a honeypot trap. The buy and sell tax percentages are both 0, indicating no additional fees for transactions. The contract is not mintable and not freezable, and ownership has been renounced. The contract source code is verified, which is a positive signal. The liquidity in USD is $77,125, and the liquidity locked percent is 0, which is a risk factor. There are 61,558 holders, with the top 10 holders controlling 88.4% of the supply.
What this means for you
For someone considering MYX, these findings have important implications. On the positive side, the verified contract source code and the lack of mint and honeypot functions reduce the risk of unexpected changes to the token supply or malicious traps. The significant number of holders (61,558) also suggests a relatively distributed and active community. However, the high concentration of supply among the top 10 holders (88.4%) and the lack of locked liquidity (0%) are significant risk factors that could impact the token's market dynamics and stability. It's essential to consider these factors carefully.
This analysis is based on automated on-chain analysis and should not be considered as financial advice. For the full live scan of MYX, visit the scan page. To learn more about token security and how to protect yourself, refer to the full token security checklist and utilize tools like our free scanner to make informed decisions.