Coinbase Wrapped Hyperliquid (cbHYPE)

Summary

No major red flags in our checks. That lowers the risk, it does not remove it.

• Top 10 wallets hold 77% of the supply
• One wallet holds 44%

• Code cannot change
• No owner
• No owner powers found
• Deep liquidity ($465.2K)

Not checked: The sell test has not run yet · Source code is not checked · When the token launched · No trades seen in the last 24 hours

Every check

• Code cannot change. Not an upgradeable proxy: the token code is fixed.
• No owner. The contract has no owner function.
• No owner powers found. No mint, blacklist, tax or pause functions in the contract code.

How it can improve

• Top 10 wallets hold 77% of the supply: Spread the supply: avoid big single wallets, and lock team tokens in vesting.