Tether Gold XAUt Security Scan Results
Introduction to Tether Gold
Tether Gold (XAUt) is currently drawing attention and trending, prompting us to run it through our RugShield security scanner to provide an assessment of its security.
What the scan found
Our scan found that Tether Gold has a trust score of 85 and a trust grade of AA, indicating a relatively high level of security. The scan also detected no honeypot signal, and there are no taxes on buying or selling. Additionally, the contract is not mintable and ownership has been renounced, which are positive signs. The contract has also been verified. The liquidity of Tether Gold is $429,184, with 0% of it locked. There are 56,495 holders of the token, but the top 10 holders control 56.4% of the supply.
What this means for you
For someone considering Tether Gold, these findings are important to consider. On the one hand, the high trust score and grade, verified contract, and significant liquidity are positive signals. On the other hand, the fact that the top 10 holders control more than half of the supply and that 99.9% of the tracked liquidity provider tokens are not verifiably burned or locked are risk factors that should be taken into account.
This analysis is based on automated on-chain analysis and should not be considered as financial advice. For the full live scan of Tether Gold, please visit the scan page. You can also use our free RugShield scanner to check the security of other tokens at our tools page.