One of the most common schemes to scam token holders in the recent rise of decentralized exchanges is a rug pull. A rug pull is a fraudulent act in which token holders abandon a project and escape with the funds of investors. Rug pulls are more prevalent on decentralized exchanges (DEXs), where criminals generate a coin, list it on a DEX, and then combine it with a successful cryptocurrency like ETH or BNB as part of a liquidity pool.