RLUSD Security: AA Grade with 85 Trust Score
Introduction
The RLUSD token has a trust score of 85, an AA grade, a 15% scam probability percentage, and a significant risk factor where the top 10 holders control 60.8% of the supply, with no honeypot signal detected. It's worth noting that RLUSD is currently trending, drawing attention to its on-chain security.
What the scan found
The scan of RLUSD, an ERC-20 token on the Ethereum chain, found several key points. The token has a trust score of 85 and a trust grade of AA, indicating a relatively high level of security. The scam probability is 15%, which is a notable risk. There is no honeypot signal, and both the buy and sell tax percentages are 0. The contract is not mintable and not freezable, with ownership renounced and the contract source code verified. The liquidity in USD is $147,282, with 0% of tracked liquidity locked. There are 12,662 holders, with the top 10 holders controlling 60.8% of the supply.
What this means for you
For someone considering RLUSD, the high trust score and AA grade are positive indicators, suggesting a level of security and transparency. However, the significant control of the top 10 holders over the supply and the lack of locked liquidity are risk factors to consider. The verified contract source code and the absence of a mint function are positive signals, indicating a lower risk of unexpected token creation. The large number of holders is also a positive sign, suggesting a diverse and potentially more stable token ecosystem.
This analysis is based on automated on-chain analysis and should not be considered as financial advice. For more detailed information, you can view the full live scan of RLUSD. To learn more about token security and how to protect yourself, you can refer to the full token security checklist and utilize our free scanner tool at CryptoRefuge's tools to make informed decisions.