Token risk analysis

The balance risk analysis is your first glimpse into the risk analysis service by Lossless via the Aegis dApp.

Please consider the limitations as outlined above and be sure to do your own due diligence about the tokens and projects you are invested in. If the risk analysis for a token seems wildly off, please do not hesitate to let us know via one of our channels and help us improve the system for everyone.

Aegis balance risk analysis consists of on chain and off chain checks. The balance risk score should serve as an informative metric that pinpoints potential threats. You can scan each of your balances manually.

Listed on CoinGecko

If a token is listed on CoinGecko, the team behind the token needs to provide at least basic due diligence information. Therefore a CoinGecko listing gives us some confidence that the token is not malicious or risky. If a token is not listed on CoinGecko, this is not an inherently bad sign but some caution should be exercised.

Edge cases: LP tokens, wrapped or governance tokens, soulbound tokens…

Holders

Some tokens could have a low holders count for various reasons.

The number of holders can often indicate that the token is well known and generally safe. This metric does not account for any other kinds of risk like token depegging or devaluation due to extraordinary circumstance.

Edge cases: LP tokens, wrapped or governance tokens, soulbound tokens, new tokens…

Token Risk Profile via Go+ Security

In some cases, the ERC-20 tokens in question need a specific setting in order to be compliant or conform to some rule.

The token risk profile indicates whether the token contract holds some risk based on Go+ Security analyses. This analysis takes into account the basic parameters of a standard ERC-20 contract and indicates if the contract is set up in a way that could pose a threat to holders.

Edge cases: tokens with compliance requirements, wrapped or governance tokens…

Scam check

The scam field indicates whether a token is marked as scam or spam token by Moralis, one of our data providers. This indicator is usually accurate and is also used as a filter when displaying legit balances on Aegis in general.

Edge cases: rare cases when a legit token is marked as spam/scam.

Notes

• In some edge cases the risk score could be higher than the token’s actual risk profile.

• The native token on each chain is exempt from the security analysis. Native tokens are used to pay gas and do not require an allowance by smart contracts to be used. They can generally be considered safe.

• This feature is supported on all networks.