Is Backpack (BP) Safe? Token Security Scan
Verdict
Trust score: 40/100 (grade C) — composite risk 60%.
Backpack carries significant risk (60% composite risk score) due to a combination of contract permissions and liquidity/ownership concentration flagged above.
Key checks
- Honeypot signal: none detected
- Buy tax 0% · Sell tax 0%
- Mint function: ACTIVE — supply can be inflated
- Pause/freeze: possible
- Liquidity: $4,069 tracked, 0% locked
- Holders: 4,735 (top 10 control 98.6%)
Risk factors (5)
- Mint authority is still active — supply can be inflated
- Freeze authority is still active — accounts can be frozen
- Token metadata can still be changed by an authority
- Top 10 holders control 98.6% of supply
- Low liquidity depth: $4,069
Positive signals (2)
- No balance-mutation authority found
- 4,735 holders
Understand these findings
Data source: GoPlus Security (live on-chain checks). This is an automated check, not financial advice — a passing scan is not a guarantee of safety. Run your own scan with the free RugShield scanner.