Falcon 9 SpaceX Token Honeypot

Reported loss Not disclosed
Ethereum
Honeypot

What happened

Falcon 9 SpaceX Token (FALCON9$X) is an Ethereum token deployed on 4 May 2021 at 0x539ede26…fa1b7a. The first transferFrom call from a non-zero address stores its recipient in a hidden variable called newun, and from then on every transfer or transferFrom to that address reverts with "please wait". If that first call is the router moving tokens into the Uniswap pair when liquidity is added, the pair becomes newun: buys from the pair still work, but any sale into the pair fails.

The owner can change newun at any time with transfernewun, and can withdraw any ETH held by the contract with clearCNDAO. De.Fi's REKT database lists Falcon 9 SpaceX Token as an exit scam/honeypot, stating that the contract owner could disable transfers and so stop holders from selling.

How it happened

  1. The constructor credits the whole supply of 100,000,000,000,000 FALCON9$X (8 decimals) to the deployer, who is also owner.
  2. In transferFrom, if from is not the zero address and newun is still unset, the contract sets newun = to instead of running any check. Adding liquidity through the Uniswap router moves tokens with transferFrom(owner, pair, amount), which would make the pair newun.
  3. Every later transferFrom and every transfer requires to != newun, so a router sale (transferFrom(holder, pair, amount)) or a direct transfer to the pair reverts with "please wait".
  4. A buy is the pair calling transfer to the buyer, whose address is not newun, so purchases keep going through.
  5. Only the owner can call transfernewun to point newun somewhere else and let sales through. Owned has no renounceOwnership, only a two-step transferOwnership/acceptOwnership, and an eth_call on 2026-09-30 still returned the deployer as owner.

Protocol details

Classification Token
Protocol Type Exit Scam/Honeypot
Affected asset / contract FALCON9$X

Evidence

Same attack technique

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