Pyth Network (PYTH) Rug Check

About Pyth Network (PYTH)

Pyth (PYTH) is Solana's flagship oracle network, providing real-time price feeds to dozens of protocols. Rug-check PYTH to verify the canonical mint, confirm authorities are properly managed for a governance-token SPL, and avoid impersonation tokens on Raydium.

How to rug-check PYTH on Solana

Step 1: Copy the canonical PYTH contract address from a trusted source (the project's official website, CoinGecko, or CoinMarketCap). For Pyth Network, the canonical Solana address is HZ1JovNiVvGrGNiiYvEozEVgZ58xaU3RKwX8eACQBCt3. Step 2: Paste the address into Sharpe's Rug Check — or click "Run live rug check" above to pre-fill the scanner. Step 3: Review the 0-100 risk score and the flagged patterns. A legitimate, mature token typically scores above 80; scores below 40 warrant caution. Step 4: Cross-reference with the chain-specific rug patterns on the Solana overview — proxy upgrades, hidden fees, authority risks all differ by chain.

Common Solana rug patterns to watch for

Solana's permissionless token creation via pump.fun, Moonshot, and other launchpads produces thousands of new SPL tokens per day. Most pump.fun launches that graduate to Raydium have locked liquidity and renounced mint authority, but plenty don't — and the risk patterns on Solana differ from EVM chains. Key Solana-specific risks: (1) mint authority not renounced (devs can print unlimited supply and dilute holders to zero); (2) update authority retained (token metadata — name, symbol, image — can be swapped post-launch to impersonate another project); (3) freeze authority retained (devs can freeze specific wallets, legitimate for stablecoins but a critical red flag for memecoins); (4) bonding-curve exit scams (devs accumulate during the pump.fun phase and dump before graduation); (5) pre-graduation liquidity locks that expire before organic buyer interest matures. On Solana, holder-concentration analysis matters more than on EVM chains — most SPL token supply sits in a handful of wallets, and Bubblemaps clustering reveals coordinated dump groups behind seemingly-distributed holder lists. Raydium LP concentration is another Solana-specific signal: a single wallet holding most LP tokens on a supposedly community-launched token is a near-certain rug signal. Sharpe's Rug Check runs a comprehensive security scan specifically built for SPL tokens — honeypot simulation through Jupiter, authority verification via the Solana RPC, and Raydium / Orca LP lock-state lookups. Paste any Solana token mint address to get a 0-100 risk score with specific pattern callouts.

Frequently Asked Questions

What is the canonical PYTH contract address on Solana?

The canonical Pyth Network (PYTH) contract on Solana is HZ1JovNiVvGrGNiiYvEozEVgZ58xaU3RKwX8eACQBCt3. Any token on Solana claiming to be PYTH with a different contract address is almost certainly an impersonation rug. Always paste the address into Sharpe's Rug Check to verify authority state and liquidity lock.

Is PYTH a honeypot?

Sharpe's Rug Check runs a simulated sell transaction against the PYTH contract to detect honeypot behavior. Tokens that block selling are flagged pre-trade. Paste the PYTH address into the scanner to get a live honeypot check plus a full 0-100 risk score.

How do I avoid fake PYTH tokens on Solana?

Always copy the contract address from the project's official website or a trusted aggregator (CoinGecko, CoinMarketCap, the project's pinned social post) — never from a random DEX pool. On Solana, scammers deploy lookalike tokens with identical names and logos; the canonical PYTH address is HZ1JovNiVvGrGNiiYvEozEVgZ58xaU3RKwX8eACQBCt3.

What rug patterns apply to PYTH on Solana?

PYTH inherits the chain-level rug risk profile of Solana. The dominant patterns on this chain: Mint authority not renounced; Update authority retained; Freeze authority retained. Sharpe's Rug Check evaluates the token against all 30+ patterns and surfaces anything flagged on the specific contract.