A rug pull is when the people behind a token take the value out and leave holders unable to exit at any meaningful price — usually by withdrawing the liquidity pool, minting fresh supply into it, or selling a large insider allocation into thin liquidity.
The liquidity pull is the plainest version. The deployer wallet still owns the pool position, sends one withdraw transaction, and the liquidity every quote was priced against is gone in a single block. Balances still show in wallets; there is nothing left to sell into.
Three things are readable before you buy: whether the pool position is locked or burned, whether the mint function can still create supply, and how concentrated holdings are across wallets. None is a verdict. They are the mechanisms that make each version possible or impossible.
"No lock found" means we found none — not that none exists. Locksley does not yet index every locker.
Every token page renders lock state, supply and holder distribution as mechanisms rather than a rating, and locked at birth lists tokens whose liquidity lock was set at pool creation.
Rug pulls, explained honestly walks through each pattern and what it looks like on-chain.
Frequently asked questions
Is a rug pull the same as a honeypot?
No. A rug pull removes the value after people have bought, most often by draining the pool. A honeypot blocks the exit from the start: buys go through, sells revert because the contract refuses them. One is a withdrawal you can watch on-chain, the other is contract logic you can test before buying.
“No lock found” means we found none, not that none exists: we do not index other lockers yet, and it is never a claim about the project.
How rug pulls work, explained honestly
How rug pulls work on Robinhood Chain: the liquidity pull, the supply pull and the sell-side block, what each leaves on-chain, and what a lock stops.
See it liveHow to lock liquidity, step by step
How to lock liquidity on Robinhood Chain in six steps: find your Uniswap v3 position NFT, set a release date, approve, confirm. Costs, gas and what shows after.
