Is PENGU Safe? Our Security Scan of Pudgy Penguins
Pudgy Penguins (PENGU) scores 85/100 (grade AA) on CryptoRefuge's RugShield security scan, with a composite scam-risk reading of 15% — 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 $43,078 (0% locked), held across 1,730 holders, with the top 10 controlling 49.4%.
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:
- Only 0% of tracked liquidity is locked
- Low liquidity depth: $43,078
Positive signals:
- No mint function detected
- Contract source code is verified
- Reasonable holder distribution (top 10: 49.4%)
- 1,730 holders
Verify it yourself
This is automated on-chain analysis, not financial advice. See the full live result on the Pudgy Penguins 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.