CoinStats Integrates Glider Token Risk to Enhance Token Security
CoinStats has partnered with Web3 security firm Hexens to integrate the Glider Token Risk scanner into its Degen plan on iOS, Android, and web. The Glider Token Risk tool analyses smart contracts across over 22 risk categories—including blockable transfers, external calls, and centralized minting—and supports major EVM-compatible chains (ETH, BNB, MATIC, ARB, OP, AVAX, CELO, CRO). Designed to help traders avoid hidden fees and balance manipulation, Glider Token Risk delivers clear, non-technical reports before trades. Launched in response to over 74,000 scam tokens and nearly $10 billion in losses in 2024, this feature enhances token security by identifying vulnerabilities instantly, empowering traders with proactive risk assessments. The integration transforms CoinStats from a portfolio tracker into a security-focused trading platform, boosting overall token security and improving trading confidence.
Bullish
The integration of Glider Token Risk improves token security and transparency, reducing trader risk and likely boosting market confidence. In the short term, traders may increase activity on EVM-compatible tokens due to enhanced risk assessments. Over the long term, the proactive security measures should lower vulnerability to scams, attracting more capital to the market and supporting a bullish outlook for EVM tokens.