How DexGrade checks a token

Straight from the blockchain

We read each token's contract, pools, trades and holders from the blockchain ourselves. Prices and liquidity come from the pools, not from other websites.

Some numbers from DexScreener (volume and trade counts for tokens we have not read yet) are marked on the page. They never change a verdict.

Contract

Can more tokens be printed? Can wallets be frozen or blacklisted? Can trading be paused, or the code be swapped? Is the source code published? Each power the owner keeps is a way a token can hurt its holders.

Can you sell?

On Ethereum, Base, BNB Chain and the other EVM chains we simulate real holders selling, with no money spent. Real sells always count for more than a simulation: if many wallets sold in the last day, selling works.

We also measure the real tax taken on trades, including fees sent to outside wallets.

Liquidity

How much real money sits in the pools, whether the pool tokens are locked or burned, and how far the price would fall if big holders sold. A pool holding far more token value than real money gets a warning: the price there means little.

Holders

Who holds the supply, wallets funded together (bundles), wallets that pass tokens to each other, fresh wallets with big bags, snipers from the first moments, and known exchange and bridge wallets.

Activity

Fake volume from a few wallets trading with themselves, sudden liquidity drops (confirmed by two readings in a row), and copycats of bigger tokens.

The verdict

Everything adds up to Looks safe, Caution or Danger, with a score out of 100 and every reason listed. A good verdict lowers the risk, it does not remove it. Boosts and Verified badges never change a verdict.