Is BLOXWAP Safe? Smart Contract Security Analysis

Security Findings

1 Info

Info

No code-level findings — an SPL mint exposes no auditable program source

I-01This token is an SPL token mint, not a deployed program: there is no contract source code on-chain for a line-by-line review, so no code-level vulnerability could be identified either way. The assessment on this page therefore rests on holder concentration, which are read directly from chain state and from third-party risk registries.

IssueThis token is an SPL token mint, not a deployed program: there is no contract source code on-chain for a line-by-line review, so no code-level vulnerability could be identified either way. The assessment on this page therefore rests on holder concentration, which are read directly from chain state and from third-party risk registries.

FixRead the risk score breakdown below as the substance of this audit. For a code-level review, the token would need an accompanying verified program.

StatusAcknowledged

Category Ratings

TechnicalMedium6/10

The BLOXWAP token is an SPL token operating under the spl-token program. Both the mint authority and freeze authority have been revoked, ensuring no new tokens can be minted and no existing accounts can be frozen. The token is not configured with extensions such as permanent delegate, transfer hook, or default account state frozen, indicating standard SPL token behavior.

GovernanceHigh1/10

The token exhibits a healthy Volume/Liquidity Ratio of 1.63, suggesting organic trading activity rather than wash trading. Total DEX liquidity stands at $54,300, which is moderate. While chain-native RPC holder distribution was unavailable, a third-party registry reports top 10 holders at 37.87% of supply, which is below thresholds for high concentration risk.

UpgradesMedium5/10

The mint authority and freeze authority are both revoked, meaning the token's supply and account freeze status cannot be altered. The token's metadata is immutable, preventing changes to its name, symbol, or image post-launch. No Token-2022 specific upgradeable features like transfer fee or transfer hook are present or upgradable.

Security Checklist

1/4 checks passed

Contract VerifiedFail

No Mint Function?

Liquidity LockedFail

Not a ProxyPass

Liquidity Depth

$36.6K

The risk score reads depth across every pair. The volume figure and the volume-to-liquidity ratio elsewhere on this page describe only the pair this audit analysed, so the two are not directly comparable.

What Raised This Score

6 factors

Ownership status UNKNOWN (owner could not be resolved)
Mint capability UNKNOWN (implementation ABI unreadable)
Contract source NOT verified
Top-10 concentration > 30% (46.9% total → 46.9% effective; 46.9% in EOAs, 0.0% in contracts — moderate)
Liquidity NOT locked (owner can withdraw — rug-pull risk)
Liquidity < $50k ($36,604 across 1 pairs — thin market)

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

Is BLOXWAP Safe?