What do we all think before buying a new coin? « Am I about to get rekt? » « Where can I check for hidden threats in this smart contract? » And honestly, why do I need to be a blockchain developer just to trade safely?
Valid questions. Terrible answers, until now.
We’ve all been there. That shiny new token everyone’s talking about. The charts look good. The community’s buzzing. You ape in. Then your tokens become unsellable. Or the dev mints a trillion more. Or your balance mysteriously drops to zero. Welcome to crypto, where 74,000+ scam tokens were launched in 2024 alone.
Meet Glider Token Risk Scanner
Here’s the thing: we’re done watching users get rekt by hidden smart contract risks. That’s why we’ve partnered with Hexens, an elite cybersecurity firm, to bring you something different. Their Glider technology doesn’t just check boxes; it actually reads and analyzes smart contract logic to spot threats.
Glider doesn’t just skim the surface. It decomposes contract logic, breaking down every function, path, and dependency, to reveal threats that others miss. Think of it as an X-ray for tokens, showing you the bones of a contract before you trade.
What makes this special? In benchmark tests, Glider caught all the critical threats and did not produce false positives in that run. The others missed between 40% and 75% of the same risks. That is the difference between probably checked and actually checked.
What This Scanner Actually Catches
The Glider Token Risk scanner currently detects 22 types of issues. Here are the most common ones with a special translation 😂
| Risk Type | % of Tokens Affected | Translation |
|---|---|---|
| Blockable Transfer | 59% | Dev can stop you from moving tokens |
| External Call in Transfer | 29% | Hidden code executes during transfers |
| Balance Manipulation | 25% | Your balance isn’t what it seems |
| Centralized Mint | 21% | Infinite money printer goes brrr |
| Hidden Fees | 10% | Surprise taxes on every move |
| Upgradeable Contracts | 9% | Rules can change after you buy |
| Blacklists/Whitelists | 5% each | Dev decides who can and can’t trade |
| Cooldowns, Pausable Transfers, and others | 4–7% | Time locks, trade stops, and more tricks |
Basically, if it smells like a rug, it will get flagged.
How to Scan Before You Trade
Using it is dead simple. Here’s your new pre-trade ritual:
- Open your CoinStats app
- Paste the token address (or name) in the search bar
- Navigate to the Risks tab
Supported Chains
Risk analysis API is seamlessly integrated with these EVM chains: Ethereum, BNB, Base, Polygon, Arbitrum One, Optimism, Avalanche C Chain, Blast, Linea, Mantle, Polygon zkEVM, Arbitrum Nova, Celo, Cronos, Gnosis, Moonbeam, Moonriver, Abstract, Ape, Berachain, Bit Torrent, Frax, Memecore, Sonic, Sophon, Swellchain, Taiko, Unichain, World, XAI, XDC.
At CoinStats, our mission is to empower people to manage their crypto portfolios with ease and confidence. That mission goes beyond tracking portfolios. It is about giving you the tools and knowledge to stay safe in a risky environment.
Education is the first line of defense. Glider Token Risk is not about blind trust in risk scores. It is about clear and actionable insights into the tokens you interact with. Not every low-trust project is a scam, and not every scam looks suspicious. By breaking down and exposing the risks coded into smart contracts, we help you make smarter, safer decisions.
With this integration, CoinStats is no longer only a portfolio tracker. It becomes your education tool, your security guard, and your BS detector, all inside one app.
Ready to scan your first token? The Glider Token Risk is now live on iOS, Android, and Web for all Degen plan users.
