Here is a mandatory 30-second checklist before buying any new token:
1. Use Honeypot Checker tools:
- For EVM (ETH, BSC, Base): check on Honeypot.is and TokenSniffer.com.
- For Solana: check on RugCheck.xyz.
2. Key red flags in the audit:
- Mint authority is not revoked (dev can mint unlimited tokens).
- Freeze authority is active (dev can freeze your wallet from selling).
- Top 10 holders own > 30% of supply.
- Sell tax is > 10% or modifiable by the owner at will.
3. Liquidity Lock: Check if LP tokens are burned (sent to null address) or locked on Team Finance / Unicrypt for at least 6 months.
RugCheck on Solana is an essential bookmark. If 'Mint Authority' or 'Freeze Authority' is still enabled, do not touch the token under any circumstances.
1. Use Honeypot Checker tools:
- For EVM (ETH, BSC, Base): check on Honeypot.is and TokenSniffer.com.
- For Solana: check on RugCheck.xyz.
2. Key red flags in the audit:
- Mint authority is not revoked (dev can mint unlimited tokens).
- Freeze authority is active (dev can freeze your wallet from selling).
- Top 10 holders own > 30% of supply.
- Sell tax is > 10% or modifiable by the owner at will.
3. Liquidity Lock: Check if LP tokens are burned (sent to null address) or locked on Team Finance / Unicrypt for at least 6 months.