Solstice SLX Security Scan Findings
Introduction
The trust score for Solstice SLX is 75, with a grade of A, and a scam probability of 25%, with the most significant risk factor being that the contract can mint new tokens, posing a supply inflation risk. Solstice is currently trending, drawing attention to its on-chain security.
What the scan found
Our on-chain security scan found that Solstice SLX has a trust score of 75 and a grade of A, indicating a relatively high level of security. The scam probability is 25%, which is a notable risk. The honeypot signal is false, indicating that the contract does not have any honeypot traps. The buy and sell taxes are both 0%, which means that there are no additional fees associated with buying or selling the token. The contract is mintable, which means that new tokens can be created, and it is not freezable. The ownership of the contract has been renounced, and the contract source code is verified. The liquidity is $579,713, with 0% of tracked liquidity locked. There are 32,209 holders, with the top 10 holders controlling 72.7% of the supply.
What this means for you
For someone considering investing in Solstice SLX, the scan findings indicate a relatively high level of security, but also some significant risks. The ability of the contract to mint new tokens poses a supply inflation risk, and the fact that the top 10 holders control 72.7% of the supply is a concentration risk. On the other hand, the verified contract source code and the liquidity depth of $579,713 are positive signals. It is essential to carefully evaluate these factors before making any investment decisions.
This analysis is based on automated on-chain analysis and should not be considered as financial advice. For more information, please visit the full live scan or use our free scanner to evaluate the security of other tokens. Additionally, you can review the full token security checklist to learn more about the factors that contribute to a token's security.