Is BULLS'S EYE (EYE) 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 BULLS'S EYE token is implemented using the standard spl-token program (v3). Both the mint authority and freeze authority have been revoked, ensuring that no new tokens can be minted and no holder accounts can be frozen post-launch. The token does not utilize any advanced Token-2022 extensions such as permanent delegates, transfer hooks, or default frozen account states, indicating a straightforward token implementation. The token's balance mutability and metadata mutability are both set to false, preventing unauthorized adjustments to balances or changes to the token's name, symbol, or image.

GovernanceHigh2/10

The token exhibits a relatively healthy holder distribution, with the top 10 token accounts holding 38.92% of the total supply, which is below the threshold for high concentration risk. Total DEX liquidity stands at $84,994, which is sufficient to avoid very low liquidity concerns. The 24-hour trading volume of $154,508 results in a Volume/Liquidity Ratio of 1.82, which is normal and does not suggest wash trading. The DEX pair has been active for 13 days, providing a short but established track record.

UpgradesMedium5/10

The token's mint authority and freeze authority are both revoked, preventing any future changes to the token's supply or the ability to freeze accounts. The metadata is immutable, meaning the token's name, symbol, or image cannot be altered. No Token-2022 extensions that would introduce upgradeability or mutable state, such as upgradable transfer fees or transfer hooks, are active. This configuration indicates a high degree of immutability for core token parameters.

Security Checklist

1/4 checks passed

Contract VerifiedFail

No Mint Function?

Liquidity LockedFail

Not a ProxyPass

Liquidity Depth

$70.0K across 6 pairs

PumpswapSOLanalysed$65.7K Meteora DLMMSOL$4.2K Meteora DYN2Circuit$92 Orca wpSOL$7 Meteora DYN2USDC$2 Meteora DYN2PEPE$2

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% (44.0% total → 44.0% effective; 44.0% in EOAs, 0.0% in contracts — moderate)
Liquidity NOT locked (owner can withdraw — rug-pull risk)
Token age < 30 days (still settling)

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 BULLS'S EYE Safe?