The protocol implements a standard ERC-20 token with minting capabilities. The architecture is straightforward and follows established patterns for token management. The primary risk involves the centralized control over the minting function, which allows for supply inflation.
Early-stage security check — honeypot & rug-pull analysis
Is Aero a Scam?
Not verified
This record has not gone through deep verification and is not being monitored. The score is a dated snapshot — the token’s risk can change at any time.Own this token? Put it under verification →The protocol implements a standard ERC-20 token with minting capabilities.
Read the full analysis- Mintable supply — no cap found, dilution unbounded; held by minter: Other-Contract
- Ownership status UNKNOWN
- Liquidity not locked
- Top-10 concentration > 30%
- Imitation: presents as Aerodrome Finance
Exact factors
- Mintable supply — no cap found, dilution unbounded; held by minter: Other-Contract
- Ownership status UNKNOWN (owner could not be resolved)
- Liquidity NOT locked (100% of the pool; this pool is 40% of DEX liquidity) — held by independent providers — market-depth risk
- Top-10 concentration > 30% (99.0% total → 39.7% effective; 0.2% in EOAs, 98.7% in contracts)
- Imitation: presents as Aerodrome Finance (AERO) but is not its contract
Each factor is an on-chain fact recorded at the time of this analysis. The score is computed from them by a deterministic function, so the same contract returns the same score for anyone who runs the audit. How scores are computed
Security Checklist
as of audit · Oct 22Holders
as of audit · Oct 22, 2026- Contractstreasury, vesting, bridge, staking98.7%
- Walletsanonymous holders, free to sell0.2%
- Everyone else2,215 holders1.0%
How holder types affect the score
Share held by contracts — treasury, vesting, bridge or staking — is discounted against share held by wallets when the score is computed: a contract cannot decide to sell the way an anonymous holder can, though it can still be drained or voted to sell. Effective concentration is the figure the risk score is actually calculated from.
Holder balances as recorded by the audit of Oct 22, 2026
Liquidity
as of audit · Oct 22- AeroUSDCAnalysed$2.23M39.5%
- AeroWETH$1.92M34.1%
- AerocbBTC$1.46M25.9%
- AeroUSDC$15.4K0.3%
- Uniswap v3WETH$8.2K0.1%
- Uniswap v4USDC$6.7K0.1%
Show 3 more pairs
The risk score reads depth across every pair.
The LP tokens of the analysed pool are not locked or burned, so whoever holds them can withdraw that liquidity.
0x5ae3…d2f20x44bf…6032No privileged address appears among these holders: the unlocked liquidity sits with independent providers, not with the deployer.
Security Findings
CriticalImitation of Aerodrome Finance (AERO)
Presents itself as Aerodrome Finance (AERO), but the listed AERO contract on base is 0x9401…8631 (CoinGecko). Holders who think they own the real asset own this contract instead; it has none of the real asset's backing, liquidity or redemption.QA-IDENTITY
Issue
Presents itself as Aerodrome Finance (AERO), but the listed AERO contract on base is (CoinGecko). Holders who think they own the real asset own this contract instead; it has none of the real asset's backing, liquidity or redemption.
Fix
Do not buy, hold or accept this token as the asset it names. Verify any token address against the issuer's official site.
Status
Acknowledged
MediumCentralized Minting Authority
The mint(address,uint256) function allows the designated minter to create an unlimited amount of new tokens. This action directly increases the total supply and dilutes the value of existing holdings.CP-01
Issue
The mint(address,uint256) function allows the designated minter to create an unlimited amount of new tokens. This action directly increases the total supply and dilutes the value of existing holdings.
Fix
Restrict the minting authority to a multi-signature wallet or a decentralized governance contract. Implement a maximum supply cap to prevent arbitrary inflation.
Status
Unresolved
MediumLiquidity not locked
0.0% of the pool's LP is burned or time-locked. 100.0% is held, unlocked, by 2 address(es) other than the owner/deployer. One of them — a wallet, 0x5ae3…d2f2 — holds 90.3% and can remove that share at once; who controls it is not visible on-chain, so it is not treated as an independent provider. Some pools are concentrated-liquidity (V3/V4) positions; shares above are by position as GoPlus reports them. This assessment covers the main pool, which holds 40% of the token's DEX liquidity; the other pools were not assessed.QA-LIQUIDITY
Issue
0.0% of the pool's LP is burned or time-locked. 100.0% is held, unlocked, by 2 address(es) other than the owner/deployer. One of them — a wallet, 0x5ae3…d2f2 — holds 90.3% and can remove that share at once; who controls it is not visible on-chain, so it is not treated as an independent provider. Some pools are concentrated-liquidity (V3/V4) positions; shares above are by position as GoPlus reports them. This assessment covers the main pool, which holds 40% of the token's DEX liquidity; the other pools were not assessed.
Fix
Check the lock's end date and beneficiary on the locker's own page before relying on it.
Status
Acknowledged
InfoWho holds the supply
The ten largest holders own 99.0% of supply. What remains: 0.2% in wallets, 98.7% in other contracts. 2,225 holders in total.QA-HOLDERS
Issue
The ten largest holders own 99.0% of supply. What remains: 0.2% in wallets, 98.7% in other contracts. 2,225 holders in total.
Fix
Watch the largest wallets that are not exchanges, pools or locks — those are the ones that can move the price.
Status
Acknowledged
InfoThe market for this token
Liquidity $5.6M (DexScreener, all pools). 24h trading volume $3.7M (DexScreener, all pools).QA-MARKET
Issue
Liquidity $5.6M (DexScreener, all pools). 24h trading volume $3.7M (DexScreener, all pools).
Fix
Size any position to the liquidity and daily volume shown — they set how much you can sell and at what price.
Status
Acknowledged
InfoAsset class: Imitation of Aerodrome Finance (AERO)
A token presenting itself under the name or ticker of an established asset without being that asset's contract. Its only reason to borrow that identity is to be mistaken for it. Scored as an imitation (see the identity finding). Basis: behaves as: project token. Tokenomics — Supply: mintable with no on-chain cap found. Control: an owner that could not be resolved. Code: not upgradeable (no proxy). Fees: no buy or sell tax. Market: $5.6M of DEX liquidity across 12 pools. Launch: under a day of market history.QA-PROFILE
Issue
A token presenting itself under the name or ticker of an established asset without being that asset's contract. Its only reason to borrow that identity is to be mistaken for it. Scored as an imitation (see the identity finding). Basis: behaves as: project token. Tokenomics — Supply: mintable with no on-chain cap found. Control: an owner that could not be resolved. Code: not upgradeable (no proxy). Fees: no buy or sell tax. Market: $5.6M of DEX liquidity across 12 pools. Launch: under a day of market history.
Fix
Do not treat this token as the asset it names. Use only the official contract address published by that asset's issuer.
Status
Acknowledged
InfoRecently launched — less than a day of market history
The token's oldest DEX pool is less than a day old. Age is not part of the risk score — a new token is not a risky one by default — but a short history means fewer trades and holder changes behind the facts in this report.QA-RECENT
Issue
The token's oldest DEX pool is less than a day old. Age is not part of the risk score — a new token is not a risky one by default — but a short history means fewer trades and holder changes behind the facts in this report.
Fix
Re-check ownership, liquidity and holder distribution as the token matures; those are the facts that move early.
Status
Acknowledged
Analysis
AI Copilotas of audit · Oct 22The contract utilizes standard OpenZeppelin-like ERC-20 implementations, ensuring 7.1 Architecture and 7.2 Code Security standards are met. 7.3 Access Control is enforced via a minter role for the mint() function. 7.6 External interactions are minimal, reducing the attack surface for reentrancy or flash loan exploits.
7.4 Economic and 7.5 Governance risks are centered on the centralized minter role. The ability to mint tokens at will allows the minter to dilute existing holders, which is a significant economic concern. There are no automated governance mechanisms to limit this power.
7.7 Upgrades are not applicable as the contract is not a proxy. 7.8 Operations are limited to standard token transfers and minting. The lack of upgradeability ensures immutability of the current logic.
To mitigate the risk of supply dilution, consider implementing a multi-signature wallet or a time-locked governance contract to manage the minter role.
This ensures that any minting action requires consensus rather than a single point of failure. Additionally, consider adding a hard cap on the total supply to provide transparency and security to token holders regarding the maximum potential dilution.
Contract & Record
Free for any token on the record. It links to this page and always shows the current score and the date it was checked.
- Oct 22, 202698Critical
Score changes are recorded as dated snapshots — history is append-only and cannot be edited.
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