DEXGRADE TOKEN RISK REPORT
Wrapped eETH (weETH)
base · 0x04c0599ae5a44757c0af6f9ec3b93da8976c150a
Read Wed, 11 Nov 2026 16:10:18 GMT · dexgrade.com/base/0x04c0599a…
Price
$2,299.64
Liquidity
$53.42K
Market cap
$33.51M
Top 10 wallets
not read
Developer holds
—
Tax (buy / sell)
0% / 0%
Age
399 days
Sell before −5%
$12.33K
Analysis
weETH is dangerous (39/100). The main concern: the team still has control over the token: upgradeable contract. Those powers can change the rules after you buy. On the plus side, the pools hold $53.4K, which is deep enough for normal trades. This reading comes only from on-chain facts and lowers the risk; it never removes it.
- ⚠ The team still has control over the token: upgradeable contract. Those powers can change the rules after you buy.
- ⚠ Only 0% of liquidity locked: Most pool tokens are not burned or locked, so the liquidity can be pulled.
- ✓ The pools hold $53.4K, which is deep enough for normal trades.
- ✓ About $12.3K can be sold before the price drops 5%.
- ✓ It has traded for 1.1 years.
Summary
Serious warning signs. Most buyers of tokens like this lose money.
- Upgradeable contract
- Only 0% of liquidity locked
- Has an owner
- No owner powers found
- Deep liquidity ($53.4K)
Not checked: Top holders are not read yet · The sell test has not run yet · Source code is not checked · When the token launched
Every check
- Upgradeable contract. This is a proxy: the team can swap the token code for anything, including a honeypot.
- Has an owner. 0x851d…f5c6 controls the owner-only functions below.
- No owner powers found. No mint, blacklist, tax or pause functions in the contract code.
- Only 0% of liquidity locked. Most pool tokens are not burned or locked, so the liquidity can be pulled.
- No description or project links. We found no description, website or social links for this token. Not a risk on its own, but it gives buyers less to check.
How it can improve
- Upgradeable contract: Remove the ability to upgrade the contract (renounce the proxy admin), or put upgrades behind a public timelock.
- Only 0% of liquidity locked: Lock the pool tokens with a well-known locker, or burn them. Graduating from pump.fun burns them for you.
- Has an owner: Renounce ownership, or move it to a multisig with a public timelock if the team still needs it.