What is a Pixiu/honeypot?

A fraudulent token called "Pixiu Coin" or "Honeypot Coin". These tokens are designed to trick users into trading and illegally obtain their funds. In this mechanism, the malicious contract looks normal on the outside and is often promoted by a large number of key opinion leaders (KOLs) or signal group owners to encourage users to buy these tokens. In the early stages, users may be attracted by false profits or returns. However, when users try to sell or transfer these tokens, they will find that the transaction is blocked by the contract. In this way, the malicious party successfully siphons off the user's funds, and the user is trapped in irreparable losses. Regarding the question of whether XEEX can delist these Pixiu coins, we must make it clear that XEEX, as a decentralized trading platform, does not have the traditional function of listing or delisting coins. On XEEX, any token can be traded as long as there is a contract address (CA). This means that XEEX cannot directly intervene or delist a token like centralized exchanges. Therefore, users must conduct sufficient investigation and risk assessment on their own when trading to avoid becoming victims of such fraud.