The overall security level for TrustSwap (SWAP) on Ethereum is medium. The three factors behind that rating are an upgradeable proxy contract, a high concentration of tokens among top holders, and low liquidity on decentralised exchanges. Several other common checks returned no issues.

• Upgradeable contract: the token uses an upgradeable proxy, which means its underlying code can be replaced through an upgrade mechanism. The check does not show who controls that mechanism, though the listed owner is none.
• Holder concentration: the top 10 holders control 82.3% of the supply, and the largest single holder has 23.1%. The check notes that this can include exchange wallets and contracts. The token has 17,360 holders.
• Liquidity: the token is listed in 11 decentralised exchange pools with a total of $27K in liquidity. None of the liquidity provider tokens are locked or burned (0%), and the 24-hour trading volume is $4170.
• Reassuring results: the check did not detect a honeypot, meaning holders are not blocked from selling, and it found no restriction on buying or selling. Buy and sell taxes are both 0%.
• Other checks: the check found no ability to mint new tokens, no blacklist function, no way to pause transfers, and no hidden owner. The source code is verified and the token is not on the GoPlus trust list.