CoinStats Integrates Glider Token Risk to Combat Crypto Scams

The Glider Token Risk tool represents a fundamental shift from superficial security checks to a deep, structural analysis of token contracts. Unlike basic scanners, it decomposes contract logic, breaking down every function, path, and dependency to reveal threats that others miss. Think of it as an X-ray for tokens, showing the skeletal framework of a contract before any capital is committed. This revolutionary approach is designed to identify the specific mechanisms commonly used in ‘rug pulls’ and other exploits.

The scanner’s comprehensive analysis covers 22 distinct risk categories. Data from Hexens reveals the most prevalent threats found in the wild: blockable transfers, which allow a project to prevent users from selling, are present in a staggering 59% of analyzed tokens. External calls during transfers (29% of tokens) can hijack a transaction, while balance manipulation (25% of tokens) can artificially inflate or drain holdings. Other significant risks include centralized minting (21% of tokens), hidden fees (10%), and upgradeable contracts (9%) that can be altered after launch. By flagging these features, the tool provides a clear, data-backed assessment of a token’s inherent safety.

With this integration, CoinStats evolves from a passive portfolio tracker into an active security guard and educational tool. The feature is seamlessly integrated into the platform’s workflow: a trader simply searches for a token, navigates to the new ‘Risks’ tab, and receives an instant, detailed breakdown. Each identified risk is accompanied by a clear explanation, empowering traders with actionable insights without requiring deep technical expertise in smart contract development.

This addresses a critical gap in the market where education is the first line of defense. The philosophy behind Glider Token Risk is not to create blind trust in a single risk score but to foster informed decision-making. As the analysis shows, not every low-trust project is an outright scam, and not every scam looks superficially suspicious. By exposing the specific risks coded directly into the smart contracts on chains like Ethereum, BNB, Polygon, and Avalanche, the tool helps users build safer trading habits and distinguish between innovative projects and potential pitfalls.

The Glider Token Risk feature boasts extensive compatibility, working across a vast array of major EVM-compatible chains. This includes not only giants like Ethereum, BNB Chain, and Polygon but also leading Layer 2 networks such as Arbitrum One, Optimism, and Base, as well as others like Avalanche C-Chain, Celo, Cronos, and Gnosis. This wide coverage ensures that a significant portion of the DeFi and meme token market is within the scanner’s purview.

The technology is powered by Hexens, an elite Web3 cybersecurity firm with a proven track record, trusted by industry leaders like Polygon, Lido, and EigenLayer. The integration is currently available to subscribers of CoinStats’ Degen plan on iOS, Android, and web. CoinStats, which tracks over $100 billion in assets across 120 blockchains and integrates with 300 wallets and exchanges, is positioning itself at the forefront of combining portfolio management with proactive security, offering users a more robust toolkit to navigate the increasingly complex cryptocurrency landscape.