The security check rates OAX (OAX) on Ethereum at medium risk. The main flags are that the token can be minted by its owner, it has a blacklist function, its holdings are concentrated among a few addresses, and it has very little DEX liquidity.

• The checks that test whether holders can sell found no problems: honeypot is false, and the token cannot block selling or buying. Buy and sell taxes are both 0%.
• The owner can create new tokens (mintable is true), and the contract has a blacklist function that can restrict specific addresses. The check also found that the owner cannot change holder balances, there is no hidden owner, transfers cannot be paused, and the contract is not an upgradeable proxy.
• The top 10 holders control 78% of the supply, and the largest single holder has 20%. The top five listed holders are not locked. The check counts 7,516 holders, and it notes that top holders can include exchange wallets and contracts.
• There are 2 liquidity pools with $17 of liquidity, and 0% of LP tokens are locked or burned. The 24-hour trading volume is $0, and the market cap is $3.43M.
• The contract source code is verified, which means its code is publicly viewable.