Comprehensive Guide to the Crypto Scam & Honeypot Checker
The Crypto Scam Checker helps you verify if a new token is safe to trade. By analyzing the smart contract logic and liquidity locks, it detects classic red flags like 'honeypots' (where you can buy but cannot sell).
How to Use the Tool
- Paste the Contract Address: Copy the token's smart contract address (e.g., from Etherscan or BSCScan) and paste it into the tool.
- Check Sell Taxes: Review the buy and sell tax percentages. Anything above 10% is highly suspicious.
- Verify Liquidity: Check if the liquidity pool (LP) tokens are burned or locked in a verifiable third-party locker.
- Review Contract Ownership: Ensure the contract ownership is 'renounced'. If the developer still owns the contract, they can maliciously pause trading.
How We Calculate the Data
Honeypot Simulation
The tool simulates a buy and sell transaction on the blockchain network without executing it to see if the sell function is disabled.
Tax Modification Flags
It scans the contract ABI for functions that allow the owner to arbitrarily change the tax rate to 100%.
Mint Function Detection
It flags contracts that contain a public or owner-only 'mint' function, which allows developers to print infinite tokens and crash the price.
Liquidity Ratio Math
It compares the token's Market Cap against its Liquidity Pool depth. A massive market cap with tiny liquidity is a severe warning sign.