Under our rules, Sperax (SPA) on Ethereum is rated medium risk. The four factors behind this rating are that the token can be minted, transfers can be paused, holdings are concentrated, and DEX liquidity is low.

• Selling and buying: the check did not flag a honeypot, and it did not find that holders cannot sell all their tokens or cannot buy. Buy tax and sell tax are both 0%.
• Owner powers: the owner is listed as renounced (zero or dead address). The check did not find that the owner can change balances, a blacklist function, an upgradeable proxy, or a hidden owner. The token is flagged as mintable, and transfers can be paused.
• Holder concentration: the top 10 holders hold 82.7% of the supply. The largest holder holds 40.3% and is a contract. The check counts 10,983 holders. Burn and locked addresses are excluded, and top holders can include exchange wallets and contracts.
• DEX liquidity: the token is listed in 11 pools with total liquidity of $3009. 0% of LP tokens are locked or burned.
• Other checks: the source code is verified, and the token is not on the GoPlus trust list. Market cap is $3.98M and 24-hour volume is $126.3K. These figures describe checked risks only and are not an assessment of the project.