TREX Security Report
Security Status
Token Tax
Token Information
Security Analysis
Contract Security
Ownership Security
Trading Security
Recently Checked Tokens
Detailed Token Analysis
Overview
TREX (TREX) represents an emerging cryptocurrency project on the BSC blockchain network. Our thorough security analysis has revealed a well-structured token with standard security implementations and transparent trading mechanics. The token's smart contract has been verified on BscScan, providing complete code transparency and allowing for public audit of its functionality. This verification is crucial as it confirms that the deployed contract matches the published source code, significantly reducing the risk of hidden malicious functions.
Through our comprehensive examination, we've found that TREX implements a standard ERC-20 structure with several concerning security characteristics. The contract ownership remains active, giving the owner significant control over the token's functionality.
Security Assessment
From a security perspective, TREX demonstrates concerning characteristics. The smart contract implementation shows signs of potential honeypot behavior. The presence of active ownership means the contract's behavior could be modified by the owner.
The contract's security features are particularly concerning. The presence of minting capabilities means the total supply can be increased by the owner. The presence of hidden owner privileges raises significant security concerns. External interactions are present and should be carefully monitored.
Trading Environment
The trading mechanics of TREX have been designed with complex restrictions in mind. The token implements a tax structure of 0.0% on buys and NaN% on sells. However, these tax rates can be modified by the contract owner, which requires careful consideration.
Current market metrics reveal that TREX is in its early stages of development. With a total supply of 68.00M TREX and a current price of $0.9883, the project maintains a market capitalization of approximately N/A. However, the trading environment presents some considerations for potential investors. The current liquidity pool stands at $0.0₍5₎3920, with a 24-hour trading volume of $0.0₍12₎, indicating a relatively illiquid market that could be susceptible to significant price impacts during larger transactions.
Market Dynamics and Risk Analysis
The market dynamics of TREX present an interesting picture of an early-stage token. With 2 unique holders, the token is in its initial accumulation phase. The creator maintains a modest position of 0.000000% of the total supply, indicating no concerning level of ownership concentration.
Our analysis has identified characteristics consistent with honeypot behavior. Trading this token carries significant risks, and users should exercise extreme caution.
Trading Recommendations
Due to the identified honeypot characteristics, we strongly advise against trading this token. The risks of losing funds are significant.
Conclusion
TREX presents as a high-risk token with concerning security characteristics from a technical perspective. The active contract ownership introduces additional considerations for potential investors. However, the current market dynamics, particularly the limited liquidity and trading activity, require careful consideration from potential investors. We advise extreme caution and recommend against trading this token.