Token Security Checklist
Before announcing your token to the public, run through this security checklist. Every item either eliminates a specific risk or builds trust with potential holders.
Pre-launch checklist
No one can mint new tokens. Supply is permanently fixed.
No wallet can ever be frozen. Holders can always transfer.
No admin can change parameters, mint, or pause.
Liquidity is permanently locked. No rug pull possible.
Token name, symbol, image, and description can never be changed.
Source code matches deployed bytecode. Transparent audit trail.
No single wallet holds more than 10% of supply (excluding burned LP).
Founder allocation is locked with a vesting schedule.
$5,000+ for smooth trading; lower creates excessive slippage.
Project has a real online presence, not just a token.
Tokenomics, roadmap, and team info are accessible.
Twitter, Discord, or Telegram with real engagement.
Red flags to avoid
If your token has any of these traits, buyers will likely flag it as a potential scam. Fix these before launching.
- - Mint authority still held by a single wallet
- - LP tokens not burned (liquidity can be removed)
- - Single wallet holds 50%+ of supply
- - No website or social media presence
- - Anonymous team with no track record
- - Unrealistic promises ("1000x returns guaranteed")
- - Contract not verified on block explorer
- - Sudden large transfers to unknown wallets
Implement with free tools
Related
FAQ
What makes a token "safe"?
A safe token has three properties: fixed supply (mint authority revoked or ownership renounced), locked liquidity (LP tokens burned), and transparent distribution (no whale wallet can crash the price). No token is 100% risk-free — market risk always exists — but these properties eliminate the biggest risks of outright scams.
Do I need a smart contract audit?
For standard SPL tokens and ERC-20 contracts deployed via CoinDevTools, no — the underlying contracts are battle-tested by millions of tokens. For custom-coded tokens with unique logic, yes — hire an auditor ($5,000-50,000+ depending on complexity). The risk of unaudited custom code is significant.
How do I verify my token is secure?
Check on Solscan (Solana), Etherscan (Ethereum), or Basescan (Base): mint authority should be null/zero address, freeze authority should be null, contract should be verified, and LP tokens should be burned (sent to dead address or locked). All of this is publicly verifiable.
Can CoinDevTools guarantee my token is secure?
CoinDevTools provides the tools to implement security best practices (revoke authorities, burn LP, make immutable) but cannot guarantee security. You must actually use the tools. A token that hasn't revoked its mint authority is not decentralized, regardless of what platform created it.