Phala (PHA)

Summary

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

• Trading can be paused
• Only 0% of liquidity locked
• Has an owner

• Code cannot change
• Deep liquidity ($195.8K)
• Well spread: top 10 wallets hold 19%

Not checked: The sell test has not run yet · Source code is not checked · When the token launched · Our data is 10 hours old

Every check

• Code cannot change. Not an upgradeable proxy: the token code is fixed.
• Has an owner. 0xb768…dd2d controls the owner-only functions below.
• Trading can be paused. The owner can pause all transfers.
• 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

• Trading can be paused: Remove or renounce the switch that can pause trading.
• 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.