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Security term

Honeypot

A token you can buy but cannot sell, by design.

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By the Orca Crypto teamUpdated 2026-09-28How we check this3 min readDefinition
Definition

A token you can buy but cannot sell, by design.

A honeypot contract contains code that blocks selling for everyone except addresses the deployer chose. The chart looks like it only goes up, because nobody can take profit.

By the time you discover it, your funds are already unrecoverable.

In practice

Token scanners can simulate a sell before you buy. Use one on any token you have not heard of.

What people get wrong

That a rising chart proves you can sell. In a honeypot the buys are real and the sells are blocked in the contract, so the chart looks healthy right up until it is your turn. Test with a tiny sell before a real buy, or check the contract.

Common questions

How do I check for a honeypot before buying?
Simulate a sell, which several token checkers do automatically, and read the contract for transfer restrictions or a blocklist. If the sell simulation fails, that is your answer.
Why does the chart look normal on a honeypot?
Because buys go through. Only sells are blocked, so the price rises steadily and the chart looks like a winner right up until you try to leave.

Where this comes up on the site

The guides that actually use this word, rather than a list of everything we have written.

Where to go next

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