Is EWY a rug? iShares MSCI South Korea ETF - Backpack Securities rug check
Safety checks
- Mint authority is ON — more tokens can be printed
- Freeze authority is ON — your tokens can be frozen
- Permanent delegate: the dev can move tokens out of any wallet
- Pausable: the dev can stop all transfers
- Confidential transfers: some balances and moves are hidden
- Name/image can still be changed by the dev
- Liquidity $88,401
- Rug guard: RugCheck: Mint Authority still enabled
- Rug guard: RugCheck: Permanent Control Enabled
- Rug guard: RugCheck: Freeze Authority still enabled
- Rug guard: RugCheck: Top 10 holders high ownership
- Rug guard: RugCheck: Single holder ownership
- Rug guard: RugCheck: High ownership
- Rug guard: top 10 holders own 109% (max 35%)
What the scan noticed
- Permanent delegate set - one address can move or burn anyone's tokens, including yours.
- Mint authority is still active - more supply can be printed at any time.
- Freeze authority is active - holders' tokens can be frozen, so you might not be able to sell. (Normal for regulated stablecoins like USDC; a red flag on a memecoin.)
- Pausable - an authority can halt all transfers.
Market data
| Price | $153.5200 |
| Market cap | $414.5K |
| Liquidity | $88.4K |
| 24h volume | $88.1K |
| 24h buys / sells | 493 / 605 |
| Holders | 1,621 |
| Organic trading score | 0/100 (low) |
| Age | 24 days |
| Token program | Token-2022 |
| RugCheck score | 83 |
Top holders
| #1 5NWS…mYr4 | 43.21% |
| #2 GRKf…Za1e | 23.59% |
| #3 B4bx…oRA7 | 22.64% |
| #4 5TRB…iQ3C | 4.66% |
| #5 G1jf…QG5a | 4.35% |
| #6 DnZY…Cvzk | 3% |
| #7 bpfe…gtG5 | 2.78% |
| #8 Buek…zr7u | 2.6% |
| #9 5KXD…K6tD | 1% |
| #10 Fhbh…oggA | 0.94% |
Top 10 hold 108.8% of supply.
EWY rug check FAQ
Is EWY a rug pull?
MAD Rugscope rates iShares MSCI South Korea ETF - Backpack Securities (EWY) as high risk with a score of 0 out of 100 (grade F). The dev can print more tokens and dilute you. It found 11 red flags and 2 warnings when last scanned on 20 Oct 2026. No scanner can promise a token is safe.
Can the EWY developer mint more tokens or freeze wallets?
Mint authority is ON — more tokens can be printed. Freeze authority is ON — your tokens can be frozen.
Who holds EWY?
The top 10 holders own 108.8% of the supply, across about 1,621 holders in total.
How much liquidity does EWY have?
About $88.4K in liquidity with $88.1K traded in the last 24 hours and a market cap near $414.5K.
Links
dexscreener · pumpfun · solscan
How this works: Rugscope reads the token contract (mint, freeze, Token-2022 extensions), holder concentration and bundles, the developer's launch history, liquidity and organic volume, and, for pump.fun coins on the curve, a model trained on 48,857 real launch moments. Read the method.