In blockchain trading, malicious tokens and high-risk projects can lead to potential financial losses. To help users trade with greater confidence, MoonX offers a comprehensive Token Security Audit tool. This tool helps users quickly identify potential token risks and make informed trading decisions.

How to Use MoonX’s Security Audit Tool

• Log in to MoonX, select your token, and navigate to the Audit section.
• Review detailed audit results, including blacklist status, contract analysis, liquidity pool health, and other risk indicators.

Audit Features & Standards

Buy/Sell Tax Audit: Analyzes the transaction tax rate for each trade, flagging abnormal taxes (e.g., rates above 50%). Helps users avoid losses due to excessive fees.

Liquidity Pool Locked Audit: Checks the percentage of tokens locked in the liquidity pool. A higher lock ratio means tokens can't be easily pulled from DEXs, making trades safer.

Honeypot Token Audit: Detects honeypot traps where tokens can be bought but not sold. Learn more about What is Honeypot Scam? How to Avoid Being Scammed?

Contract Audit: Verifies if the contract is open-source, whether ownership has been renounced, and if there are hidden permissions that could pose risks.

Blacklist Check: Identifies if a token is flagged as high-risk (e.g., rug pulls, honeypots). Data is sourced from blockchain monitoring tools and community reports.

Token Holder Distribution Audit: Analyzes token holder distribution to detect if large holders (whales) could manipulate the market price.

Investment Risk Tips

• Do Your Own Research (DYOR): Even if a token passes the MoonX security audit, users should still investigate the project’s background and team credibility.
• Test with Small Amounts: When trading high-risk tokens for the first time, it's recommended to start with a small investment.
• Be Wary of High Returns: Don’t fall for promises of sky-high profits. Stay rational and invest wisely.

MoonX’s Token Security Audit tool is designed to offer users an extra layer of protection, but it cannot eliminate all risks. Always ensure you fully understand the risks before engaging in any on-chain transactions.