Pyth Network PYTH Security Scan Results
Introduction to Pyth Network
Pyth Network (PYTH) is currently drawing attention, prompting us to run it through our RugShield security scanner to provide an assessment of its on-chain security.
What the Scan Found
The scan of Pyth Network revealed a trust score of 95, earning it a trust grade of AAA. The scam probability is relatively low at 5%. Notably, the honeypot signal is false, indicating no honeypot detected. Both buy and sell taxes are 0%, suggesting no additional fees for transactions. The token is not mintable and not freezable, with its contract verified. The liquidity stands at $380,457, with no liquidity locked. The holder count is substantial at 304,754, with the top 10 holders controlling 49.5% of the tokens.
What This Means for You
Considering Pyth Network, it's essential to understand the implications of our findings. The high trust score and low scam probability are positive indicators. However, the fact that token metadata can still be changed by an authority is a risk factor to consider. On the other hand, the absence of a balance-mutation authority, the renouncement of mint authority, and the lack of freeze authority are all positive signals. The reasonable holder distribution and significant liquidity depth also contribute to the token's credibility. Being listed on GoPlus's trusted-token list further adds to its positive profile.
Our automated on-chain analysis provides insights into Pyth Network's security aspects but should not be considered as financial advice. For the full live scan of Pyth Network, visit the scan page. To scan other tokens for their security, use our free RugShield scanner.