Degen (DEGEN)

Summary

Serious warning signs. Most buyers of tokens like this lose money.

• Trading can be paused
• Has an owner

• Code cannot change
• Deep liquidity ($234.3K)
• 3 different wallets sold in 24h: selling works
• Well spread: top 10 wallets hold 0.9%

Not checked: The sell test has not run yet · Source code is not checked · Whether the liquidity is locked · Our data is 20 hours old

Every check

• Code cannot change. Not an upgradeable proxy: the token code is fixed.
• Has an owner. 0x704e…3c0d controls the owner-only functions below.
• Trading can be paused. The owner can pause all transfers.
• Liquidity in v3/v4 positions. This pool uses Uniswap position NFTs; lock status cannot be read like a v2 pool.
• 21 tokens use this ticker. Many tokens share this name. Always check the address before you buy.

How it can improve

• Trading can be paused: Remove or renounce the switch that can pause trading.
• Has an owner: Renounce ownership, or move it to a multisig with a public timelock if the team still needs it.