Squid QUID Security Scan Results
Introduction
The Squid token, QUID, has a trust score of 90 and a trust grade of AAA, with a scam probability of 10%, and the most significant risk factor being that the top 10 holders control 96.2% of the supply. Notably, QUID is currently trending, drawing attention to its security and legitimacy.
What the scan found
Our on-chain security scan found that QUID has a trust score of 90 and a trust grade of AAA, indicating a high level of security. The scam probability is 10%, and there is no honeypot signal detected. The buy and sell tax percentages are both 0%, and the contract is not mintable or freezable. Additionally, the ownership has been renounced, and the contract source code is verified. The liquidity is $2,921,079, with 0% of tracked liquidity locked. There are 966 holders, with the top 10 holders controlling 96.2% of the supply.
What this means for you
For someone considering QUID, the high trust score and grade are positive indicators. However, the significant control of the top 10 holders and the lack of locked liquidity are risk factors to consider. The verified contract source code and lack of a mint function are also positive signals. It is essential to weigh these factors and consider the full token security checklist, available at the full token security checklist, before making any decisions.
This analysis is based on automated on-chain analysis and should not be considered as financial advice. For the full live scan results, visit the QUID scan page. To scan other tokens, use our free token security scanner.