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Research Reports

Which Blockchain Has the Most High-Risk Tokens?

A per-chain read from Orixa's ledger: Ethereum shows a 50.6% high-risk rate versus ~6% on BNB Chain and Base — and why that reflects what people submit, not which chain is safe.

Which blockchain carries the most risk? It is a common question with a misleading obvious answer. Using Orixa's own scan ledger, we can replace the guesswork with a measurement — as long as we are precise about what that measurement means. The short version: among tokens brought to Orixa, Ethereum stands out sharply, but why it stands out matters more than the headline.

What we measured, and what we did not

As of August 2026, Orixa's ledger holds latest decisions for 41,537 distinct tokens. By chain, submissions concentrate on three networks:

Chain Tokens scanned Flagged very-high-risk (≥75) High-risk rate
Ethereum 5,997 3,036 50.6%
BNB Chain 24,305 1,502 6.2%
Base 11,213 679 6.1%

This is not a census of every deployment on each chain. It is the set of tokens submitted for analysis — and that selection is the whole story. People scan a token when something prompts them to; the mix of prompts differs by chain.

The Ethereum anomaly

By raw count, Ethereum has the most very-high-risk tokens — 3,036 — despite having the fewest total submissions of the three. Its high-risk rate, 50.6%, is roughly eight times BNB Chain's or Base's.

The honest reading is not "Ethereum is the scammiest chain." It is that the Ethereum tokens people bring to Orixa are overwhelmingly ones they already suspect — new, unvetted contracts checked before interacting, precisely the population where high risk concentrates. On BNB Chain and Base, the submitted mix is broader, so the rate settles near 6%. Selection, not the chain's inherent safety, drives the gap.

What is stable across chains

Two things hold regardless of network, and they are the durable lessons:

  • The dominant risk factor is liquidity structure, not exotic traps. Across the high-risk population, removable or unlocked liquidity is by far the most common flag — the same finding detailed in What Makes a Token High-Risk: The Flags Behind the Data.
  • Honeypots are a minority, but a serious one. Outright unsellable tokens cluster on the chains with the most new-token churn; the breakdown is in the Honeypot Report.

What to take from this

Chain choice is not a safety filter. A token on a "reputable" chain is not safer for it, and a token on a high-volume chain is not automatically riskier — the contract's own permissions and liquidity decide that, per token. The value of a per-chain view is operational, not moral: it tells you where new-token risk is densest so you can raise your guard, not which network to trust blindly.

The right move is the same on every chain: verify the exact contract, test the sell path, and check whether the liquidity can be pulled — see How to Identify a High-Risk Crypto Token Before Buying.


Figures are from Orixa's scan ledger as of August 2026 and reflect tokens submitted for analysis, not all deployments; they change as new tokens are scanned. Run any contract through Orixa for a per-token decision instead of a per-chain assumption. Orixa is decision support, not a guarantee of safety.

Turn this research into a practical check

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