← Project CheckSynthetix Network Token $SNX — Project Check
Is Synthetix Network Token legit or a rug? Here's an on-chain read of Synthetix Network Token ($SNX) on ethereum — its liquidity, holder concentration, contract control, and whether its X account matches the official account on its CoinGecko listing. Community health isn't scored here; run the live check for that.
ethereum · 0xc011a73e…af2a6f
High on-chain risk — significant red flags for a KOL considering this project.
Grounding✓ @synthetix verifiedDecentralized Exchange (DEX)CoinGecko #232
Flags
- Valuation ($115.2M) is only 0.1% backed by tradable liquidity.
- Almost no trading ($300 / 24h vs $79k liquidity) — the market looks inactive.
- Top 10 wallets hold 77% of supply — concentrated; a few holders could sell into your audience.
- Ownership is not renounced — the owner can still modify contract behavior.
100
Verified contract
Address is a deployed on-chain contract.
96
Official account verified
X account @synthetix matches the official account on this token's CoinGecko listing.
44
Liquidity depth
Total liquidity is $79k.
15
Liquidity vs. valuation
Valuation ($115.2M) is only 0.1% backed by tradable liquidity.
15
Market activity
Almost no trading ($300 / 24h vs $79k liquidity) — the market looks inactive.
58
Contract control
Ownership is not renounced — the owner can still modify contract behavior.
95
Sellability
No honeypot flag — token appears sellable.
55
Liquidity lock
0% of LP tokens are burned or locked; remainder not verified.
95
Market age
Oldest market is 2178 days old.
96
Supply overhang (unlock risk)
Supply is essentially fully circulating — little unlock overhang.
17
Holder concentration
Top 10 wallets hold 77% of supply — concentrated; a few holders could sell into your audience.
91
Holder base
84,892 holders.
90
Market presence
20 liquidity pools across DEXes.
83
Listing recognition
Listed on CoinGecko at market-cap rank #232.
Synthetix Network Token — frequently asked
Is Synthetix Network Token a honeypot? Can you sell it?
No honeypot flag — token appears sellable.
Does Synthetix Network Token have enough liquidity?
Total liquidity is $79k.
Is Synthetix Network Token's supply concentrated in a few wallets?
Top 10 wallets hold 77% of supply — concentrated; a few holders could sell into your audience.
Can Synthetix Network Token's contract be changed or its supply minted?
Ownership is not renounced — the owner can still modify contract behavior.
Is Synthetix Network Token's liquidity locked?
0% of LP tokens are burned or locked; remainder not verified.
Is Synthetix Network Token's X account the verified official one?
X account @synthetix matches the official account on this token's CoinGecko listing.
Taking a deal with Synthetix Network Token?
Run the live check to add the community-health read — real vs manufactured engagement, and whether vetted creators actually engage — before you put your name on it.
Run the live check →On-chain and CoinGecko signals, cited — not financial advice. Always DYOR.