Is LAYER safe? Solayer (LAYER) token check: mint authority, holders and liquidity
Safety check4 / 6
The project still holds the mint authority. Some projects use it for staking rewards or governance emissions; read the project's tokenomics to see how much can be minted.
The freeze authority can lock this token in any wallet so it can't be sold. Unusual and risky for this kind of token.
The ten largest accounts hold most of the supply. Some may be pools or exchanges, but if they are individuals, a few sells can crash the price.
Liquidity is under 0.3% of its on-chain market cap. The quoted market cap is hard to realise; large sells would slip heavily.
The price has not fallen 60% or more over the past 30 days.
Trading activity over the past 24 hours looks normal.
Summary
Solayer (LAYER) is classified as a project token. Mint authority: still active; freeze authority: set; the top 10 accounts hold 80.6% of supply. 4 risk checks fired — see the items marked “!” below.
Liquidity ranks above 2% of tracked tokens.
Holder concentration is higher than 81% of tracked tokens.
30-day history
History builds up from the first day this token is tracked. The chart appears after a few daily snapshots.
Tokens with similar liquidity
FAQ
Can more LAYER be minted?
Yes. A wallet still holds the mint authority for LAYER and can mint new tokens, diluting existing holders.
Can LAYER be frozen in my wallet?
Yes. A freeze authority is set, so its holder can freeze this token in any wallet and stop it being sold. Common for regulated stablecoins, but a clear risk for a meme token.
Where can I trade LAYER?
According to DexScreener, LAYER currently has liquidity in 4 pools; the deepest is on orca. Always check the token address to avoid look-alike tokens.
Market data: CoinGecko and DexScreener. On-chain data: Solana RPC. Updated daily. Powered by CoinGecko. This page states on-chain and market data only. It is not investment advice.