The overall risk level is medium, as set by our rules. The three factors behind it are an upgradeable contract, a concentrated holder base, and low DEX liquidity. Several core checks came back clean, including honeypot, taxes and minting.

• Selling and buying: the check did not flag a honeypot, so holders are not blocked from selling. It found no limit on selling all tokens and no limit on buying.
• Taxes: the buy tax is 0% and the sell tax is 0%.
• Owner powers: the check found no mint function, no pause function, no blacklist function and no ability to change balances. No owner is listed. The contract is an upgradeable proxy, which means its underlying logic can be replaced. The source code is verified.
• Holder concentration: the top 10 holders hold 53.7% of supply, and the largest holder holds 8.4%. There are 9,411 holders. Burned and locked addresses are excluded from these figures, and top holders can include exchange wallets and contracts.
• Liquidity: DEX liquidity is $1030 across 8 pools, and 0% of LP tokens are locked or burned. The check classes this liquidity as low. The 24-hour trading volume is $0.