The Honeypot Scam: What is it, and how to avoid?

“Relax, “ said the contract, “We are programmed to receive. You can check-out any time you like, But you can never leave! “

The Honeypot Scam — you can buy, but you can never sell
The dreaded TRANSFER_FROM_FAILED error, the hallmark of the honeypot scam

So what is a Honeypot anyway?

Ok, so how do we detect a Honeypot?

Test Buy and Sell

Look at the buys and sells

This Honeypot token has a sell from the owner’s wallet
Only one wallet has been selling, indicating that it’s a Honeypot

Read the Contract

Rug Checkers

This is all so hard! Is all hope lost?

Agents of I.N.U. Token Tracker with inline Honey Detection

What’s next?

  • Why Honeypot Detectors struggle with anti-bot contracts, and how we can work around this limitation
  • What are the different types of Honeypots
  • How to simulate buys and sells

Who are the Agents of I.N.U.?



Agents of I.N.U. Defenders of DeFi.

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