Is XAUt Safe? Tether Gold Security Scan
Introduction
Tether Gold has a trust score of 85, an AA trust grade, and a 15% scam probability, with the top 10 holders controlling 55% of the supply. The token is currently trending, with many investors seeking information about its security.
What the scan found
The scan found that Tether Gold has a trust score of 85 and an AA trust grade, indicating a relatively high level of trustworthiness. The scam probability is 15%, which is a notable risk factor. The contract has no honeypot signal, and there are no taxes on buying or selling. The contract is not mintable and not freezable, with ownership renounced and the source code verified. The liquidity is $923,033, with no liquidity locked. There are 60,718 holders, with the top 10 holders controlling 55% of the supply.
What this means for you
For investors considering Tether Gold, the high trust score and AA trust grade are positive signals. However, the high concentration of ownership among the top 10 holders and the lack of liquidity locking are significant risk factors. The absence of a mint function and the verified source code are also positives. It is essential to weigh these factors carefully before making any investment decisions. For a more comprehensive understanding of token security, refer to the full token security checklist. This analysis is based on automated on-chain data and should not be considered as financial advice. For the full live scan, visit the scan page. To scan other tokens, use our free scanner.