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Honeypot

A token configured so that buy transactions succeed but sell transactions fail or return near-zero output. Implemented on Solana via Token-2022 TransferFeeConfig at extreme values, freeze authority abuse, or malicious transfer hooks. Quick test: buy a minimal amount, wait one block, simulate the sell on Jupiter.

See also
Tokenomics Token-2022 Solana's extended token standard supporting transfer fees (TransferFeeConfig), transfer hooks, PermanentDelegate, confidential transfers, and other extensions. Not malicious by default, but enables honeypot configurations unavailable in classic SPL. A Token-2022 token on a memecoin is a forced pause requiring investigation of every active extension. → Security Freeze Authority Rug A rug executed by using an unrenounced freeze authority to selectively freeze large holder accounts before dumping. The developer blocks targeted holders from selling, then sells their own bag into the remaining buy pressure. Prevention is simple: verify freeze authority is null before entry. → Tokenomics Transfer Hook A Token-2022 extension that runs a custom program on every token transfer. Can implement arbitrary restrictions including blocking sells while allowing buys. A transfer hook on a memecoin is a kill signal in 2026 — no legitimate memecoin use case justifies it. →
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