Derive (DRV)

Summary

Some warning signs. Read them before you buy.

• Upgradeable contract (long-running token with deep liquidity)
• Has an owner

• No owner powers found
• Deep liquidity ($1.90M)
• Well spread: top 10 wallets hold 1.8%

Not checked: The sell test has not run yet · Source code is not checked · No trades seen in the last 24 hours · Our data is 41 hours old

Every check

• Upgradeable contract. This is a proxy: the team can swap the token code for anything, including a honeypot.
• Has an owner. 0x62c0…90f7 controls the owner-only functions below.
• No owner powers found. No mint, blacklist, tax or pause functions in the contract code.

How it can improve

• Upgradeable contract: Remove the ability to upgrade the contract (renounce the proxy admin), or put upgrades behind a public timelock.
• Has an owner: Renounce ownership, or move it to a multisig with a public timelock if the team still needs it.