Useful

Useful Coin

SolanaRaydium LaunchLabLaunched 1d ago

ADQ8A7nwH5cYY4Zq4XQ3JCHb7vS15HDBBsucE1AREpveExplorer

Is this your project? Verify your profile

42/ 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 · 4/4

Liquidity & market51 · 6/6

Holder distribution76 · 5/5

Identity & community42 · 5/5

Provenance & reputation100 · 3/3

Dove brief

Useful Coin ($Useful) on Solana has been trading for 1 min via Raydium LaunchLab.

Dove Trust Score 42/100: High risk (confidence 50%).

Strengths: Not flagged as rugged. Mint authority is revoked: supply is fixed. Liquidity sits on the launchpad's bonding curve and cannot be withdrawn by the creator.

Concerns: $98: effectively illiquid. Website links to different accounts than the listing (X @sillysoodevs). Only 3 holders.

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

Ask DexVerify about this token

Red flags & warnings

Liquidity depth high
$98: effectively illiquid.
Holder count med
Only 3 holders.
Domain age med
Domain registered 1 days ago.
Reciprocal link verification med
Website links to different accounts than the listing (X @sillysoodevs).
Liquidity vs valuation
Liquidity is 1.11% of FDV.
Market age
Brand new: 1 minutes old. No track record yet.
Trading activity
Only 8 trades in 24h.
Social presence
Only one social channel linked.