Honeypot Detector is a tool designed to scan tokens on the Binance Smart Chain (BSC) and Ethereum networks to identify potential honeypots. It simulates buy and sell transactions and performs extra checks to minimize false positives, providing users with insights into a token's honeypot status, fees, and gas usage.
Key features include:
- Honeypot Detection: Simulates transactions to determine if a token is a honeypot.
- Fee Analysis: Checks transaction fees associated with the token.
- Gas Usage: Monitors gas consumption during transactions.
- Multi-Chain Support: Works on both BSC and Ethereum networks.
Use cases:
- Due Diligence: Helps users perform due diligence before investing in new tokens.
- Risk Assessment: Provides information to assess the risk associated with a token.
- Security: Enhances security by identifying potentially malicious tokens.