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Covenant x402$COVENANT

Risk analysis for Covenant x402 (COVENANT) on Robinhood — contract 0x2eef2a627ac024cb9f545f6193b1940f0416a1de. Covers liquidity, holder concentration, creator activity and available contract security signals, with unavailable checks shown as unavailable.

Elevated Risk
Low ConfidenceRisk score 70
0x2eef…a1de Explorer Risk report 5d ago Market snapshot 5d ago
Price
$0.00002829
▼ 43.70%
Market Cap
$27.40K
Liquidity
$15.42K
24h Volume
$289.73K
Holders
339
View risk analysis
Rug.Tools Risk Assessment
Elevated Risk
Low confidenceScore 70
Canonical report 18a920e9 · v3
Scanned 2026-10-18 01:17 UTC
Why this verdict

The token is actively trading, but one holder account holds 27.4% of supply, and sampled holder accounts hold 52.4% of supply, and liquidity is relatively low, so expect slippage when trading.

Top 10 holders
52.43%
Creator holdings
2.85%
Liquidity
$15.42K
LP evidence
Unknown
View complete evidence Market data cannot change this canonical verdict.
Price
$0.00002829
Market cap
$27.40K
Liquidity
$15.42K
24h volume
$289.73K
Holders
339
Age
5 days old

Explore the evidence

Technical snapshot

Trading indicators and observed activity
Indexed intelligence

Technical snapshot

Market structure, order flow and published on-chain evidence from one chain-specific snapshot.

Stale · 7935m
Liquidity / market cap
56.27%

Available depth relative to valuation

24h turnover
18.79×

24h volume divided by liquidity

Buy flow · 24h
Unavailable

Transaction split unavailable

Momentum alignment
1/3 available

Across 1h, 6h and 24h returns

Return windowsPrice performance
1 hour
—
6 hours
—
24 hours
-43.70%
Evidence sets
5/5
Pool age
5 days old
Top holder
27.42%
Top 10
52.43%
How to read these technicals

Turnover measures trading activity against available liquidity. High turnover can also mean volatility.

Momentum alignment compares overlapping return windows. It is context, not independent confirmation or a safety score.

Holder concentration uses the published report’s classified holder evidence when available.

Freshness is the age of Rug.Tools’ indexed market snapshot, separate from the report scan time.

Price chart

Price chart

Price chart

Open on DexScreener ↗

Load verified candle history to explore price and volume directly in this report.

Market overview

Market overview

Rug.Tools indexed snapshot
5 min
—
1 hour
—
6 hours
—
24 hours
-43.70%

Market data

Price (USD)$0.00002829
Market cap$27.4K
Fully diluted valuation$27.4K
Circulating supply968.58MCOVENANT
Total liquidity$15.42K
Liquidity / market cap56.27%

Trading activity

Volume · 24h$289.73K
Volume · 6h—
Volume · 1h—
Volume / market cap (24h)1057.36%
Transactions · 24h—
Buys vs sells · 24h—

Markets & liquidity pools

Markets & liquidity pools

Primary indexed pool

uniswap0x1f960481459a6d30a143b25a17304a1673bae3d17566b739ac671f2eca41bc91

The page opens from Rug.Tools’ indexed snapshot. Load the full pool list only when you need a live provider check.

DexScreener

What is Covenant x402?

What is Covenant x402?

Covenant x402 ($COVENANT) is a ERC-20 token on the Robinhood blockchain Its primary trading venue is uniswap, with roughly $15.42K in live on-chain liquidity. It currently has 339 on-chain holders, and was first traded 5 days old. Rug.Tools' current assessment of Covenant x402 is "Elevated Risk", based on live on-chain signals including holder concentration, liquidity depth, creator wallet history and contract permissions.

Rug.Tools signals

Rug.Tools signals

Creator Trust
—
Solana only
Creator Holdings
2.85%
Of total supply
Contract
Unverified
Source available
Liquidity
LP Unknown
on uniswap

Key statistics

Key statistics

Price
$0.00002829
Market Cap
$27.40K
FDV
$27.40K
Liquidity
$15.42K
24h Volume
$289.73K
Holders
339
Age
5 days old
Top Holder
27.42%
Top 10 Holders
52.43%
Total Supply
—
Primary DEX
uniswap
Chain
Robinhood

Launch activity

Stored funding, acquisition and wallet evidence

Rug.Tools analysis

Rug.Tools analysis

Ruggy verdict
Elevated Risk
Low confidence

The token is actively trading, but one holder account holds 27.4% of supply, and sampled holder accounts hold 52.4% of supply, and liquidity is relatively low, so expect slippage when trading.

Verdict from canonical snapshot 18a920e9 · v3 · scanned 2026-10-18 01:17 UTC · page content updated 2026-10-18 01:17 UTC

Holder distribution

Holder distribution

Total holders
339
Top 1 wallet
27.42%
Top 2-10 wallets
25.00%
Everyone else
47.57%

Creator profile

Creator profile

Creator wallet
0xbc5b70738e954308358eda7bfca740fabb77ea11
View wallet
Trust Score
—
Holdings
2.85%
Projects
—
Active
—
Inactive
—
High Risk
—

Full creator history is currently Solana-only. Multi-chain creator profiles are coming soon.

Token activity

Token activity

  1. 2026-10-17 13:40 UTC
    Token launched
    First on-chain trading pair opened on uniswap.
  2. 2026-10-18 01:17 UTC
    Rug.Tools analyzed this token
    Fresh on-chain snapshot captured.

Similar tokens

Similar tokens

Compared using stored market cap, launch age and trading venue. Similarity is not a safety rating.

Finding comparable tokens…

Learn more

Frequently asked questions

Frequently asked questions

What is Covenant x402?⌄

Covenant x402 is a Robinhood token analyzed by Rug.Tools using public on-chain data — holders, liquidity, creator wallet activity and contract security signals. This page shows the latest cached analysis and refreshes automatically.

Is Covenant x402 safe?⌄

Current Rug.Tools verdict: Elevated Risk. The token is actively trading, but one holder account holds 27.4% of supply, and sampled holder accounts hold 52.4% of supply, and liquidity is relatively low, so expect slippage when trading. No token can be guaranteed safe: verdicts summarize on-chain risk signals only and cannot detect off-chain intent. Always do your own research.

How many holders does Covenant x402 have?⌄

Rug.Tools currently sees 339 holders. The largest holder account holds 27.42% of supply; the top 10 holder accounts together hold 52.43%. These balances alone do not establish individual ownership or independent control.

Where is Covenant x402 traded?⌄

The primary trading venue detected on Robinhood is uniswap. Review the market and liquidity evidence below; trading venue availability does not establish token safety.

How often does this page update?⌄

This page renders from cached data in our database. It refreshes when a new scan runs — either on a scheduled background sync or when a user clicks Refresh above. Opening this page does not trigger a new scan.

Optional Forensic Review

Challenge this report with historical patterns

Runs only when you ask. It compares stored launch and developer patterns and may add an AI adversarial review. It never changes the Rug.Tools verdict or risk score.