Is VGBP safe? VNX British Pound (VGBP) token check: mint authority, holders and liquidity
Liquidity counts only the deepest pool and may be understated.
Safety check1 / 6
The mint authority is still active. For stablecoins this is a common design — supply changes as tokens are issued, bridged or redeemed — so check who controls it in the issuer's documentation.
A freeze authority is set. Regulated issuers of stablecoins often keep it for compliance; it still means the holder can freeze this token in any wallet.
The ten largest accounts hold most of the supply. For stablecoins these are often bridges, custodians, exchanges or protocol vaults rather than individuals, so this is shown as a note.
Liquidity is in a normal range relative to its on-chain market cap.
The price has not fallen 60% or more over the past 30 days.
Fewer than 20 trades in 24 hours. With so little activity, prices can be easily pushed around.
Summary
VNX British Pound (VGBP) is classified as a stablecoin. Mint authority: still active; freeze authority: set; the top 10 accounts hold 98.8% of supply. 1 risk check fired — see the items marked “!” below.
Liquidity ranks above 50% of tracked tokens.
Holder concentration is higher than 97% 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 VGBP be minted?
The mint authority for VGBP is held by its issuer, bridge or protocol. That is normal for this kind of asset: supply changes as tokens are issued, bridged or redeemed.
Can VGBP 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 VGBP?
According to DexScreener, VGBP currently has liquidity in 1 pools; the deepest is on raydium. 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.