SupplyTop-holder concentration and funding patterns between wallets
FBT Swap
What you should know
A rug pull is the deliberate removal of value from a project by the people running it: pulling liquidity, minting and dumping supply, or draining a treasury. The losses are large because the structure made them possible from day one.
Most of the warning signs are visible on-chain before anything happens. They are not predictions; they are facts about who can do what.
Liquidity that can be withdrawn
If the deployer holds the liquidity provider tokens, they can withdraw the pool at any moment and the token becomes untradeable instantly. Locked liquidity moves this risk to the lock duration and to who controls the locker.
Check whether liquidity is locked, for how long, and by what mechanism. "Locked" with an unlock date next week is not a meaningful commitment.
Contract powers that remain
An unrestricted mint function means supply can be created and sold into the pool. A pausable transfer, an owner-modifiable fee or a blacklist means your ability to sell is permission-based.
An upgradeable proxy means the code you reviewed can be replaced entirely. Renouncing ownership removes some of this; it does not remove logic already in the transfer path.
Supply distribution
A handful of addresses holding most of the supply means the price is whatever those holders decide. Explorers show the top holders; a token where the top ten hold ninety percent has a concentrated exit risk regardless of intentions.
Check also whether apparent distribution is real or just many wallets controlled by one entity, which funding patterns often reveal.
Team and treasury
Anonymity is not automatically disqualifying, but anonymity combined with unilateral control over liquidity, supply and upgrades leaves nothing but trust. A multisig with a timelock on privileged functions is a meaningfully different structure.
FBT Swap takes no position on which tokens are worth owning and does not list or endorse them. It routes trades on public markets and shows the quote, the route and the fee — the diligence on the token itself is yours.
At a glance
At a glance
01
Liquidity
Who holds the LP tokens, and for how long are they locked
Top-holder concentration and funding patterns between wallets
04
Governance
A timelocked multisig is structurally different from one key
FAQ
Frequently asked questions
Clear answers before you decide.
Does an audit prevent a rug pull?+
No. An audit assesses code quality against a scope. It does not prevent a team using powers the code legitimately contains, and many rugged tokens were audited.
Is renounced ownership a guarantee?+
It removes the owner's ability to call owner-only functions. It does not affect fees or restrictions already hard-coded, and it does not apply if the contract sits behind an upgradeable proxy someone else controls.
Can I get money back after a rug pull?+
Almost never. The transactions are valid and on-chain, the proceeds are usually dispersed within minutes, and there is no counterparty obliged to return anything.
Risk notice
Crypto assets are volatile and on-chain transactions cannot be reversed. You can lose money, including all of it. Nothing here is financial advice.
