CoinStats has partnered with Web3 cybersecurity firm Hexens to integrate Glider Token Risk, a new tool that scans token smart contracts for hidden threats before investors commit funds.
The feature, now live for CoinStats Degen plan users, offers pre-trade insights into more than 22 categories of risks coded into tokens on Ethereum, BNB Chain, Polygon, Arbitrum, Optimism, Avalanche, and other major EVM networks.
Rug pulls and malicious tokens remain a systemic problem in crypto. More than 74,000 scam tokens launched in 2024 alone, draining an estimated $10 billion from traders. According to Hexens, 94% of these scams contained exploitable logic from the moment they went live.
That’s where Glider Token Risk comes in. Instead of a superficial scan, the tool performs deep contract analysis, breaking down every function, dependency, and transfer path. It works like an X-ray for tokens, surfacing issues most investors would otherwise miss.
Glider Token Risk identifies patterns linked to common exploits, including:
If a token contains exploit logic, CoinStats users can now see it before making a trade, with clear explanations designed for non-technical traders
The integration marks a shift in CoinStats’ role from a portfolio tracker to a risk management platform. Instead of relying on trust or hype, traders get actionable insights to build safer trading habits.
“Not every low-trust project is a scam, and not every scam looks suspicious,” Hexens noted. “But by exposing the risks coded into smart contracts, traders can make smarter, safer decisions.”
Glider Token Risk is available now across CoinStats’ iOS, Android, and web apps.
