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Token safety

Anyone can launch a token, on Signal or anywhere else, and anyone can copy a name. Signal reads every token it lists and says what it found, in words, with the time of the reading.

What the check is

For most tokens Signal runs a test trade that never touches the chain: it simulates a small buy, a transfer and a sale, and reads how much came back. It also reads the contract's shape (can an owner mint, freeze, pause or change the code) and how concentrated the holdings are.

A token launched on Signal v4 is read differently. Its code is the launch's fixed code and its liquidity is locked in its pool, so there is no owner switch to find. What matters there is the launch's own rules: its fee, any tax, and whether an opening fee is still running. The token's page shows them. See Signal v4 launches.

The check reads the contract and a test trade. It is not a review of the team and not advice to buy. A token that passes can still go to zero.

The words

You seeIt means
Sell-tested · 1.3% round trip · 18m agoA buy and a sale were simulated and the sale worked. The percentage is what a round trip cost. The age is when it was read
Safe, made on …The token came from a launchpad whose standard contract has no owner powers
caution: …Something you should know before buying: its rules can change, a transfer keeps a cut, one wallet holds most of it, or it looks like another token
danger: …Money put in may not come back out: a sale failed in the test, transfers are blocked, or a round trip loses nearly everything
not checked: …Signal could not check it yet. That is not a warning and not an all-clear
checking…A check is running

A reading older than 30 minutes is shown quietly and re-read.

What the ticket does with it

  • ok: the buy goes.
  • caution: the first tap sends nothing and shows the reason. A second tap buys.
  • danger: a buy never sends. A sale always can.
  • not checked: the buy asks once before it sends.

Signal never blocks a sale on a safety reading. Getting out is always open.

Marks on a list

A row in a list carries at most two marks: who vouches for the token, and the one most serious problem, in plain words. Some you will meet:

MarkMeaning
Look-alike nameA verified token already uses this name or ticker at another address. This one is a different contract wearing it
Can't sell, Late sells failThe sale failed in the test
N% tax on trades, Tax can changeThe token takes a cut of trades, or its owner can raise it
Owner can mint, Owner can freeze, Owner can pause tradesPowers the contract's owner still holds
Code can changeAn upgradeable contract
Top 10 hold N%, Creator holds N%Concentrated holdings
Thin liquidity, Liquidity can be pulledLittle in the pool, or liquidity that is not locked
HomeOn $SIGNAL only: Signal's own token. It confirms the token, not that it is safe to buy
Reviewed by SignalHand-reviewed identity. It confirms the token, not that it is safe to buy

Look-alikes

A coin that wears $SIGNAL's name or ticker, or another official token's, at a different address gets a red banner on its page: "Not the real SIGNAL", with the real address. A token not launched on Signal and not reviewed says "unverified · not launched here".

Check the address. It is the only thing that cannot be copied.

What a list hides

Lists set some rows aside so the rest stay readable, and count them at the foot of the list with a "show" button: tokens that failed the safety check, look-alikes, and bursts of launch spam. Nothing is removed. A quiet new launch on Signal, with no buyers yet, is not hidden for being quiet.