Re Protocol (RE) Security Scan Findings
Introduction
The Re Protocol (RE) has a trust score of 70, a trust grade of A, and a scam probability of 30%, with a significant risk factor being that top 10 holders control 97.6% of the supply. The contract has a verified source code and no mint function detected. It's worth noting that Re Protocol is currently trending, drawing attention from potential investors.
What the scan found
Our on-chain security scan found that Re Protocol has a trust score of 70 and a trust grade of A, indicating a relatively high level of trustworthiness. The scam probability is 30%, which is a notable risk. The honeypot signal is false, indicating no honeypot detected. There are no buy or sell taxes, and the contract is not mintable or freezable. The ownership has been renounced, and the contract source code is verified. The liquidity is $10,466, with 0% of tracked liquidity locked. There are 10,032 holders, but the top 10 holders control 97.6% of the supply.
What this means for you
For someone considering investing in Re Protocol, it's essential to be aware of the significant risk factor of the top 10 holders controlling nearly all of the supply. This concentration of ownership could potentially lead to market manipulation. On the other hand, the verified contract source code, lack of mint function, and large number of holders are positive signals. It's crucial to weigh these factors carefully and consider the full token security checklist before making any investment decisions. This analysis is based on automated on-chain analysis and should not be considered as financial advice. For the full live scan, visit the scan page. You can also use our free token security scanner to check the security of other tokens.