Pendle (PENDLE) Security Scan Results
Introduction to Pendle
Pendle (PENDLE) is currently drawing attention, and we have run it through our RugShield security scanner to provide an assessment of its security.
What the scan found
The scan found that Pendle has a trust score of 75, which corresponds to a trust grade of A. The scam probability is 25%. The honeypot signal is false, indicating that the contract does not have any honeypot-related issues. There are no taxes on buying or selling the token. The contract is mintable, but it is not freezable, and ownership has not been renounced. The contract source code is verified. The liquidity is $263,444, but none of it is locked. There are 73,274 holders, with the top 10 holders controlling 70% of the supply.
What this means for you
The findings of the scan have both positive and negative implications for potential investors. On the positive side, the verified contract source code and the large number of holders are positive signals. However, the fact that the contract can mint new tokens poses a supply inflation risk, and the high concentration of ownership among the top 10 holders is also a risk factor. Additionally, the lack of locked liquidity is a concern.
This analysis is based on automated on-chain data and should not be considered as financial advice. For the full live scan of Pendle, visit the scan page. You can also use our free RugShield scanner to check the security of other tokens.