DeFi Safety
What is Rug pull?
When a token's creators abandon the project and drain its liquidity, leaving holders unable to sell.
How it works
Common in new, low-liquidity tokens. Signals: unlocked LP, anonymous teams, concentrated holders. Real exit liquidity — what you can actually sell into — matters more than the headline liquidity number, which can be one-sided.
Example
In practiceA pool shows millions in headline liquidity but on-chain reserves reveal only a few hundred dollars of real sell depth — you couldn't exit.
How do I spot a likely rug?
Check LP lock status, holder concentration, and real (not headline) exit liquidity. When in doubt, size small.
Go deeper: DeFi From Scratch
The complete, step-by-step guide — every command, config, and the reasoning behind it.
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