DEXGRADE TOKEN RISK REPORT
SHX (SHX)
ethereum · 0x516d31321928700c6b4fb0db0c8c6bc5d6799787
Read Wed, 11 Nov 2026 22:50:15 GMT · dexgrade.com/ethereum/0x516d3132…
Price
$0.004257
Liquidity
$1.09M
Market cap
$18.9M
Top 10 wallets
53.9%
Developer holds
—
Tax (buy / sell)
0% / 0%
Age
392 days
Sell before −5%
$13.84K
Analysis
SHX needs caution (66/100). The main concern: a few of the biggest holders could crash the price by selling: exit risk is high. On the plus side, no one can change the rules: code cannot change, no owner, no owner powers found. This reading comes only from on-chain facts and lowers the risk; it never removes it.
- ⚠ A few of the biggest holders could crash the price by selling: exit risk is high.
- ⚠ Ownership is concentrated: the 10 biggest wallets hold 54% of the supply (pools and burns not counted).
- ✓ No one can change the rules: code cannot change, no owner, no owner powers found.
- ✓ The pools hold $1.09M, which is deep enough for normal trades.
- ✓ It has traded for 1.1 years.
Summary
Some warning signs. Read them before you buy.
- Top 10 wallets hold 54% of the supply
- One wallet holds 23%
- Hard to exit: a few sells would crash the price
- Code cannot change
- No owner
- No owner powers found
- Deep liquidity ($1.09M)
Not checked: The sell test has not run yet · Source code is not checked · Whether the liquidity is locked · When the token launched
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.
- Liquidity in v3/v4 positions. This pool uses Uniswap position NFTs; lock status cannot be read like a v2 pool.
- 6 tokens use this ticker. Many tokens share this name. Always check the address before you buy.
- 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
- Top 10 wallets hold 54% of the supply: Spread the supply: avoid big single wallets, and lock team tokens in vesting.
- Hard to exit: a few sells would crash the price: Add liquidity and spread the supply, so a few sells can not crash the price.