The security check rates WELL3 (WELL) on Ethereum as medium, based on two results: holder concentration and low DEX liquidity. Most contract checks did not flag problems.

• Selling and buying: the check found no honeypot and no restriction on selling all tokens or on buying. Buy tax and sell tax are both listed as 0%.
• Owner powers: the check found no minting, no transfer pause, no blacklist function, no ability to change balances, no upgradeable proxy and no self-destruct function. An owner address exists, and the source code is verified.
• Holder concentration: the top 10 holders together hold 93%, and the largest holder holds 25%. Burn and locked addresses are excluded. The note says top holders can include exchange wallets and contracts. There are 60,023 holders.
• Liquidity: there are 14 DEX pools, but total liquidity is listed as $80. 0% of LP tokens are locked or burned, which the check treats as a reason for the medium rating.
• Market data from cmc.io: market cap is $10.41M and 24-hour volume is $20.5K. These figures are shown for context only and are not a judgement of the project.