How to Avoid Solana Rug Pulls

Rug pulls cost Solana investors millions every year. Here are 10 on-chain red flags to check before buying any token.

10 Red Flags to Check

1. Mint authority not revoked. Team can still mint unlimited tokens
2. No liquidity lock. Founders can drain the pool instantly
3. Team wallet holds more than 20% of supply. High dump risk
4. Anonymous team with no doxxing - No accountability
5. No smart contract audit. Unreviewed code
6. Fake social media with bought followers
7. No whitepaper or roadmap
8. Rapid coordinated price pumps
9. No vesting schedule. Team can sell day 1
10. Honeypot mechanics, You can buy but not sell

How to Verify On-Chain

Use SolCraft Verify to check mint authority status, freeze authority, supply distribution, and get an automated trust score for any Solana token - free, instant, no wallet needed.

Tools for Builders

If you are launching a token, prove credibility: revoke mint authority after launch, lock liquidity with Token Locker, and set team vesting schedules. These signals build community trust and reduce sell pressure.