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RugCheck API

Insider Trading Detection

Understand how RugCheck detects wash trading and fake holder networks using advanced on-chain analysis.

What are Insider Networks?

A key feature of RugCheck is our insider trading detection service.

We monitor all transactions on Solana , and connect them up into networks of accounts. We detect groups of accounts that are owned by the same person or group, and monitor their activity.

If a significant amount of a token's trade volume comes from these networks, we flag this as possible wash trading.

If a significant amount of a token's supply is held by these networks, we also flag that.

Common with Memecoins

Both of these cases are fairly common to see with Solana memecoins, especially with memecoins that are launched automatically by bots. These can sometimes achieve very high market caps and trade volumes within only a few minutes — by controlling the supply, and wash trading.

API Access

Free API

A summary of the insider networks that are active for a token is available free of charge. So is a detailed report of all the accounts involved, and how they are connected. Remember though, that the free RugCheck API may cache data for some time.

Paid API

On the paid RugCheck API, this data is reasonably close to real-time — generally insider networks are detected within about a millisecond of formation.

3D Network Visualization

On the RugCheck website , you can see a 3D representation of these insider trading networks:

Example of a moderately complex insider network

An example of a moderately complex insider network.

Network Types

RugCheck identifies two primary network types, each with distinct patterns and risk implications:

T

Trade Networks (Wash Trading)

Multiple accounts trading back-and-forth to create fake volume

How It Works:

  • Same entity controls multiple wallet accounts
  • Accounts trade the same token repeatedly between each other
  • Creates illusion of healthy trading activity and liquidity
X

Transfer Networks (Fake Holders)

Coordinated transfers to inflate holder count artificially

How It Works:

  • Large amounts of tokens transferred to many controlled accounts
  • Typically 0.5%+ of total supply distributed across 100+ wallets
  • Creates false appearance of decentralized distribution

Learn More

Get Token Reports

See network data in action with real token reports

RugCheck Overview

Learn about risk scoring and other security features