OpenSea may display warnings before you complete a token swap. These warnings can help you make informed decisions before swapping about potential risks based on the token’s behavior or history.
What does a token warning look like?
During a token swap, you may see a warning message appear. Click on the dropdown to view more information about the warning. Multiple warnings can appear for a single token.
The absence of a token warning does not mean that the swap is without risk; be sure to do your own research (DYOR) before swapping any token. For more information about how to evaluate a token’s legitimacy, visit our Help Center guide.
Tokens that are known to be malicious may be delisted from OpenSea, meaning that you won’t be able to swap for them or view them using our site.
Types of token warnings
Here is a list of each of the warnings you might see:
Airdrop pattern: The token's on-chain history reveals prior instances of suspicious airdrop activities
Impersonator: The token attempts to deceive users by mimicking the name, branding, or other identifiable traits of a well-known and reputable token
Inorganic volume: Trading volume of the token is manipulated by someone to deliberately boost its price
Dynamic analysis: Dynamic simulations suggest that this token does not exhibit the intended behavior
Unstable token price: Tokens with limited liquidity in liquidity pools - could potentially become illiquid.
Inappropriate content: Token metadata contains inappropriate content
Honeypot: This token might pose a honeypot risk. It is advised to conduct due diligence before interacting to prevent any potential financial loss
Spam text: The metadata associated with this token contains suspicious, spam-like text that may be deceptive
Insufficient locked liquidity: The lack of adequately locked or burned liquidity leaves the token vulnerable to sudden liquidity withdrawals, potentially causing market instability
Concentrated supply distribution: The majority of the token's supply is held by the top token holders, posing a risk of centralized price manipulation
Wash trading: This token exhibits signs of wash trading, where artificial transactions inflate its trading volume. Such manipulation can mislead investors about the token's actual market activity and demand
Fake volume: A significant portion of the trade volume is artificially generated by a small subset of trade bots, masking the token's true trading activity
Hidden supply by key holder: Most of the token's supply is controlled by a major holder leveraging sock puppet accounts, often the token's minter or an early buyer who sniped the token at launch
Fake trade maker count: An account fakes the amount of unique trade maker of a token, to create the illusion of high maker count trading the token