Rug Pull

A rug pull is an exit scam. Classic version: devs create a token, seed an LP, market it until buyers arrive, then pull the liquidity — leaving holders with tokens they can't sell. Variants include insider dumps of unvested supply, contract backdoors that mint unlimited tokens, and honeypots where only the owner can sell.

Protect yourself on the way in: locked or burned LP, renounced contract, no mint function, no blacklist, distributed top holders. Once a rug happens, the funds are gone — chain analysis might catch the wallet, but recovery is essentially never.