$VELUM rug check: careful

$VELUM on Robinhood Chain, last full read 2026-11-04: 71.8% of supply was bought in the first 3 s of trading through contracts, by wallets that cannot be named…

• careful: 71.8% of supply was bought in the first 3 s of trading through contracts, by wallets that cannot be named. The pool's first trade came 11 s after it was made, and the 3 s are counted from it
• careful: 6 of its 7 pools charge a 45% to 87% fee on every trade (the pool's own fee, not a tax in the token): a swap routed through one of them loses that share, and a price or tax read from them shows it