Original title: "GoPlus: In the past three quarters, more than 560,000 potentially risky tokens have been found on 5 major L2 chains, affecting more than 13.6 million user addresses"

Original source: GoPlus

introduce

With the rapid development of Web3.0, more and more users are entering this field and investing. Among them, meme coin has become the most popular and attractive investment target for users in the field of on-chain investment. Meme coin has the characteristics of fast issuance, high fluctuation range, and anonymity of issuers. However, a large number of fraud gangs have taken advantage of users' enthusiasm for meme coins, and carried out a large number of fraud activities against users on the chain under the guise of meme coins. These criminals use the characteristics of smart contracts to design various risky tokens, and then trick users into investing and then make illegal profits by triggering code backdoors. These risky tokens usually have the following characteristics: the creator of the contract has the authority to issue unlimited additional tokens, users can only buy but not sell, malicious black and white list settings, and transaction taxes can be maliciously tampered with. Once users purchase these tokens, they are likely to suffer irreversible financial losses. In order to cope with the increasingly serious risk of fraud, it is particularly important to identify and warn of risky tokens. Based on the GoPlus Security API and real on-chain data, this article will analyze the risky tokens on five popular Ethereum Layer 2 networks (Base, Arbitrum, Optimism, Blast, and Mantle) in the past three quarters, in order to provide reference and warnings for users.