The security check rates Phoenix (PHB) at medium risk. The three flags behind that level are that the token is mintable, its holdings are concentrated, and its DEX liquidity is low.

• Trading restrictions: the check did not find a honeypot, a sell or buy restriction, a trading cooldown, or anti-whale limits. The buy tax and sell tax are both 0%.
• Minting: the token is flagged as mintable and an owner address exists, so the owner may be able to create new tokens. This is one of the reasons for the medium level.
• Other owner powers: the check did not find a way to change balances, pause transfers, blacklist addresses, upgrade the contract, or self-destruct. It found no hidden owner and no way to take back ownership. The source code is verified.
• Holder concentration: the top 10 holders hold 67.5%, and the largest holder, labelled as a contract, holds 39.8%. There are 9,490 holders. Burn and locked addresses are excluded from these shares, and top holders can include exchange wallets and contracts.
• DEX liquidity: the token has $479 of liquidity across 25 pools, and 0% of LP tokens are locked or burned. Cmc.io market data shows $0 of trading volume in the last 24 hours.