| Risk factor | Finding | Evidence | Date |
|---|---|---|---|
| Sellable | Yes | Transfer simulation | 3 Sept 2026 |
| Buy tax | 0% | Contract | 3 Sept 2026 |
| Sell tax | 0% | Contract | 3 Sept 2026 |
| Admin mint | Not present | Contract | 3 Sept 2026 |
| Transfers pausable | Not present | Contract | 3 Sept 2026 |
| Address blacklist | Not present | Contract | 3 Sept 2026 |
| Upgradeable proxy | Yes | Contract | 3 Sept 2026 |
| Source verified | Yes | Block explorer | 3 Sept 2026 |
| Top-10 holders | 71% | Holder distribution | 3 Sept 2026 |
| Liquidity locked | No | LP holders | 3 Sept 2026 |
| Holders | 12567 | Token contract | 3 Sept 2026 |
This automated check scored RLUSD 12 out of 18 on contract-level indicators, and it's worth translating what each of those findings actually means for someone holding the token. The contract uses an upgradeable proxy pattern, which means the underlying logic governing how the token behaves can be swapped out by whoever controls the upgrade function — in practice, this gives the contract owner the ability to change the rules after you've bought in, without needing a new token address. Top-10 wallets hold 71% of the supply, meaning a small number of holders could move large amounts of tokens at once, which can affect available liquidity and price stability. Liquidity is not locked, so whoever supplied it to the trading pool retains the ability to withdraw it. On the positive side, no admin mint function, transfer pause, or blacklist capability was detected as of the date of this check, buy and sell tax both show as 0%, a transfer simulation indicated the token was sellable, and the contract source is verified on the block explorer, which allows the code to be read but does not itself confirm intent or safety.
It's important to be clear about what this check does not cover. This is an automated read of contract mechanics only — it looks at what the code technically allows, not at who is behind the project, how tokens are distributed among the team versus the public, what the token is meant to be used for, or whether there is a legal entity standing behind it. A contract can show favourable technical indicators and still carry risk from governance decisions, business practices, or off-chain factors that no code scan can detect. Equally, an upgradeable proxy or concentrated holdings are not proof of bad intent — they are structural features that increase the degree of control certain parties hold, which is a different thing from certainty of harm.
Given that, a few concrete next steps are worth taking before relying on this check alone. Look up who controls the proxy's upgrade admin key and whether it sits behind a multisig or timelock, since that changes how quickly changes could be pushed through. Check whether the liquidity provider address is a known exchange, treasury, or team wallet, and see if there's any public statement about lock plans. Review the holder distribution list directly on the explorer to see whether the top holders are exchanges, contracts, or individual wallets. Finally, look for independent audits, official project documentation, and regulatory disclosures, since RLUSD's design as a stablecoin means its backing, reserves, and issuer structure matter as much as, if not more than, the contract code itself.
Contracts change after they are checked. Leave an email or a Telegram chat ID and we will tell you the moment this one does — taxes raised, minting switched on, liquidity unlocked. Free for three contracts, no account and no password.
We checked 18 points out of 100.
The other 82 are where money is usually lost: who the team is, where the tokens sit, what the documents actually say, and what the project chose not to put on its front page.