The post CoinStats and Hexens Collaborate to Identify Token Smart Contract Risks for Traders appeared on BitcoinEthereumNews.com.

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&nbsp CoinStats, a global leader in cryptocurrency portfolio management, has announced the integration of Glider Token Risk, an advanced smart contract risk analysis tool developed by cybersecurity firm Hexens. The feature provides traders with instant visibility into potential vulnerabilities embedded in token contracts, strengthening protection against scams and exploits. This development comes at a time when malicious activity in the cryptocurrency sector is at an all-time high. In 2024 alone, more than 74,000 scam tokens were launched, collectively draining nearly 10 billion dollars from investors. Research shows that 94 percent of these fraudulent tokens were coded with exploit logic from the outset, underscoring the need for accessible and reliable security tools for both retail and institutional traders. Glider Token Risk operates by conducting deep structural analysis of token contracts, breaking down logic, functions, and dependencies to reveal risks often missed by conventional scanners. The technology is designed to act as an “X-ray” for tokens, giving users a transparent view of how contracts are built before they commit funds. By incorporating this feature, CoinStats expands its role from a portfolio tracking service into a comprehensive trading companion, combining management, security, and education within a single platform. The scanner identifies a wide range of vulnerabilities, including blockable transfers, balance manipulation, centralized minting capabilities, hidden fees, and other exploit mechanisms that can result in loss of funds. Each finding is presented in clear, accessible language, ensuring that even non-technical traders can understand the risks and make informed decisions. Advertisement

&nbsp According to CoinStats, the goal of the integration is not only to flag potential threats but also to encourage safer trading practices. While not every low-trust project is necessarily fraudulent, and not every scam is immediately apparent, the transparency provided by Glider Token Risk equips traders with the knowledge…

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Filed under: News - @ September 27, 2025 11:26 am