Is TST Safe? What Our Security Scan of Test Found
Introduction
The Test token has a trust score of 90, a trust grade of AAA, and a scam probability of 10%, with its most significant risk factor being that the top 10 holders control 86% of the supply, while also having 97% of its liquidity locked, indicating a relatively secure contract but with notable centralization of ownership.
What the scan found
Our on-chain security scan of the Test token, which is currently trending, found that it has a high trust score and grade, indicating a low scam probability. The scan also detected that the contract has no mint function, its source code is verified, and 97% of its tracked liquidity is locked, which are all positive signals. Additionally, the token has 46,202 holders, a significant number. However, the buy and sell taxes are 0%, and the contract is not freezable. The ownership of the contract has been renounced, which can be seen as a positive step towards decentralization.
What this means for you
For someone considering the Test token, the high trust score and low scam probability are positive indicators. However, the significant control of the top 10 holders over the supply is a risk factor that should be carefully considered. The lack of mintability and the verification of the contract source code are reassuring, as is the substantial liquidity depth of $371,009. To make an informed decision, it's essential to weigh these factors against your own risk tolerance and investment goals, and to consult the full token security checklist for a comprehensive understanding of what to look for in a secure token.
This analysis is based on automated on-chain data and should not be considered as financial advice. For the most current and detailed information, please visit the full live scan of the Test token. You can also use our free scanner to check the security of other tokens.