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Token CheckerRug RadarToken CompareEmbed WidgetA honeypot token is a crypto scam where you can buy a token but cannot sell it. The smart contract contains hidden code that blocks sell transactions for anyone except the deployer — making your investment permanently trapped.
~35%
Of New Tokens
$0
Recovery Rate
<24h
Avg Lifespan
All DEXs
Affected
The scammer deploys a token with a normal-looking buy function, but the sell function has a hidden condition — a 99% sell tax, address check, or transfer revert. Since nobody can sell, the price only goes up, creating an illusion of organic demand.
Once enough liquidity accumulates, the scammer sells their own allocation (bypassing the restriction) and drains the entire pool. Victims are left with worthless, unsellable tokens.
Can buy, cannot sell
Full buy & sell access
Only goes up (no sells)
Drained by deployer
From deployment to drain — this is the playbook every honeypot follows.
The scammer deploys a token with a normal-looking buy function, but the sell function has a hidden condition — a 99% sell tax, address check, or transfer revert.
The token appears on DEX charts with growing price and volume. Since nobody can sell, the price only goes up — creating an illusion of organic demand.
Seeing the rising chart, traders FOMO in and buy the token. Their buy transactions succeed normally, so nothing seems suspicious at first glance.
Once enough liquidity accumulates, the scammer sells their own allocation (bypassing the restriction) and drains the entire pool.
Every honeypot uses at least one of these contract-level tricks to prevent victims from selling.
Buy tax shows 0-5%
Sell tax is 99-100%
Transfers work at first
Owner blacklists all holders
Buy amount unrestricted
Sell max set to zero
DEX approved for buy
Approval revoked for sell
Transfers work in buy phase
All transfers frozen later
Scammers evolve constantly. Stay updated with Coinibi.
Spot these signals before you buy — not after.
Token price only goes up with zero sell transactions
No successful sell transactions in trade history
High buy activity but suspiciously no sell activity
Unverified or obfuscated source code on explorer
Contract owner holds majority of total supply
Functions like setTax, blacklist, pause with no limits
Liquidity added recently and not locked
LP tokens held by the deployer wallet
No verifiable lock from Unicrypt or similar
5 checks that take under a minute and can save your entire investment.
Every token on Coinibi gets an automatic safety scan that checks for honeypot characteristics, including sell tax simulation and contract verification.
Look at the token’s transaction history on the block explorer. If there are zero successful sell transactions, it’s almost certainly a honeypot.
Use Coinibi's built-in safety scanner to simulate a sell transaction before committing real funds. If the simulation fails or returns massive tax, stay away.
If the source code is verified, search for functions like setTax, blacklist, pause, or setMaxTx. These are common in malicious contracts.
Verify that LP tokens are locked in a time-lock contract. Unlocked liquidity means the deployer can drain the pool at any time.
If a token is a confirmed honeypot, there is usually no way to recover your funds. The contract is specifically designed to prevent selling. Document the scam contract address, report it to the community and block explorer, and use this experience to strengthen your due diligence process.
Coinibi automatically flags potential honeypots using on-chain analysis, sell simulation, and contract verification.
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