← Blog · June 22, 2026
Tens of thousands of Solana tokens launch every day, and most are worthless within hours. The good news: you can screen out the obvious rugs in about two minutes with free tools. Here's the checklist we use — and that we invite people to run on $FRID itself.
If the mint authority is still active, the team can print unlimited new tokens and dilute you to zero. On a legit fixed-supply token, mint authority should read null. Check it on Solscan or RugCheck.
Freeze authority lets the issuer freeze your wallet so you can't sell. A live freeze authority is a serious red flag. It should also be null.
No liquidity means you can't sell at any reasonable price. Unlocked liquidity means the team can pull it and vanish. Look for a pool with meaningful depth whose LP tokens are burned or locked for 6–12 months. A lock under 30 days is itself a warning.
This is the single most reliable rug predictor: if fewer than ten wallets hold more than ~30% of supply, they can crash the price whenever they choose. Use Bubblemaps to see if "different" wallets are actually funded by one source. Concentration is only acceptable when it's transparently locked in vesting.
If every post screams "last chance" or "100x soon," treat that urgency as part of the risk. Real projects show you verifiable facts and let you decide.
We built a verify page that runs through exactly these checks for $FRID — green signals and the parts still in progress — with direct links to every scanner above. If a project can't survive you running the tools, that tells you what you need to know.