WEB3SCANNER
Guide

What Is a Honeypot Token?

Learn how honeypot tokens trap buyers, what sell restrictions look like, and how to spot common red flags before trading.

What it means

A honeypot token usually allows buys but blocks or punishes sells. Traders can enter a position, then discover exits are restricted, taxed into irrelevance, or technically impossible.

Common red flags

Warning signs include failed sell simulations, extreme sell tax, hidden proxy logic, thin liquidity, and sudden rule changes after launch.

How Web3Scanner helps

Web3Scanner combines contract, market, and AI interpretation layers so you can quickly see tradability risk before committing capital.