The leaks · 44 / 86
Rugs, honeypots, and blacklists
A rug pulls the money out of a market. A honeypot lets you buy and blocks the sale. A blacklist is a list the contract uses to freeze you. All three are someone keeping the exit.
The shapes
Liquidity is removed, so there is nothing to sell into. Or the code taxes a sell at nearly one hundred percent. Or a function lets the owner block your address after you buy.
Before you buy
Read whether the owner can change fees, mint, or block transfers. If you cannot read the contract, you are trusting a stranger's summary.
This page names the trap. It does not show you how to write one.
Check yourself
If you can buy a token, can you always sell it?
No. The contract can block the sell or tax it into nothing.
After this you can ask whether the seller can stop you selling, before you buy.
