Solana Glossary
What Is a Rug Pull?
A rug pull is a crypto scam where creators remove liquidity, leaving holders with worthless tokens. Learn how to prevent and identify rug pulls.
A rug pull is a type of crypto scam where a token creator removes all liquidity from a trading pool, leaving holders with worthless tokens. The creator profits by selling their tokens while liquidity exists, then withdrawing the remaining SOL from the pool.
How to Prevent Rug Pulls
As a token creator, prevent rug pull accusations by:
- **Burn LP tokens** — Makes liquidity irremovable
- **Revoke mint authority** — Prevents supply inflation
- **Revoke freeze authority** — Guarantees holders can trade
- **Be transparent** — Share contract addresses, team info, roadmap
How to Identify Rug Pulls
As a buyer, check:
- Is LP burned or locked? (Check DexScreener)
- Is mint authority revoked? (Check RugCheck)
- Is freeze authority revoked?
- Does the team hold too many tokens?
- Is the project too good to be true?
Create a Rug-Proof Token
No coding required. Deploy to Solana in under 60 seconds.
Create a Rug-Proof Token