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Caution

Oilification OIL risk scan

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Score

64/100

caution

Heuristic score from on-chain checks against this SPL token. Higher is safer. Run the live tool for the most current results.

AI summary

As a Solana security analyst, I've identified risks associated with the OIL token. The top 10 holders control nearly 94% of the circulating supply, indicating a high concentration of ownership. Additionally, there's no liquidity in the main pool, making it difficult to buy or sell the token. The project is also extremely new, with a track record of only 2 hours. These factors suggest caution when considering an investment in OIL.

On-chain checks

  • Mint authority revoked

    Supply is fixed forever

  • Freeze authority revoked

    No one can freeze holder accounts

  • Holder distribution healthy

    Top 10 holders control 94.0% of circulating supply

  • Liquidity is meaningful

    $0 of liquidity in the main pool

  • Token has track record

    2 hours old

  • Project has external links

    Linked: Website, X

Token metadata

Name
Oilification
Symbol
OIL
Holders
31
Market cap
$3,881
Age
2 hours
Project linksWebsiteX / Twitter

This report is for informational purposes only and does not constitute financial, legal, or investment advice. Cryptocurrency and digital assets are highly speculative. Always conduct your own research and consult a qualified professional. Users are responsible for complying with all laws in their jurisdiction. ManagerNest does not guarantee any outcome from trading or holding the token described above.

Oilification (OIL) risk scan, Caution | ManagerNest