MAGMA

Magma Finance

BNB ChainPancakeSwap (exchange)Launched 6d agopancakeswap

0xddd23848a050c58c581e58014a12506d0674713aExplorer

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28/ 100

Dove Trust Score

High risk

Serious red flags

Confidence50%

How much of the verification rubric we could actually evaluate. Unknown data never counts as safe.

Contract safety100 · 7/7

Liquidity & market86 · 5/6

Holder distribution0 · 1/1

Identity & community23 · 2/2

Provenance & reputation0 · 2/2

Dove brief

Magma Finance ($MAGMA) on BNB Chain has been trading for 7 min via PancakeSwap (exchange).

Dove Trust Score 28/100: High risk (confidence 50%).

Strengths: Buy and sell simulation succeeded. $335.57M of liquidity. Mint authority is revoked: supply is fixed.

Concerns: Uses the exact name and ticker of Magma Finance (MAGMA, rank #374) but is not its listed contract. Deployer launched 2 other tokens that scored as high-risk. Deployer still holds 100.0% of supply.

Not yet verifiable: Liquidity locked / burned.

Multiple serious red flags. The structure of this token resembles patterns commonly seen in rug pulls.

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Red flags & warnings

Creator holdings high
Deployer still holds 100.0% of supply.
Impersonation check high
Uses the exact name and ticker of Magma Finance (MAGMA, rank #374) but is not its listed contract.
Deployer reputation high
Deployer launched 2 other tokens that scored as high-risk.
Social presence low
No social channels linked.
Market age
Brand new: 8 minutes old. No track record yet.
Trading activity
Only 7 trades in 24h.
Official website
No official website linked.