What is a rug pull and how do you avoid one?
Rug pulls drain liquidity or dump hidden supply on buyers. Learn the mechanisms and the defenses.
Two main types
Liquidity pulls withdraw pooled SOL instantly; supply dumps sell hidden allocations into buyer demand. Both rely on centralized control the team never gave up.
The technical defense
Burned LP tokens remove liquidity control forever. Renounced mint authority removes hidden inflation. Renounced freeze authority prevents transfer blocking. Together they close every rug mechanism.
Behavioral defense
Even technically safe coins can be sold down by teams. Check distribution declarations and announced sales - platforms like CoinPlex require both by policy.
FAQ
Can a rug pull happen after LP burn?
Not via liquidity. Supply dumping is still possible if allocation was hidden - check distribution.
Are all anonymous launches rugs?
No, but the risk premium is real. Verified identity removes most of it.
Create your own Solana token - no coding, full supply to your wallet.
See packages