Is CHEEMS 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 CHEEMS token is an SPL token operating under the `spl-token` program. Both the mint authority and freeze authority have been revoked, ensuring that no new tokens can be minted and no existing token accounts can be frozen. The token has 6 decimals and a raw supply of 971,761,585,968,069. No Token-2022 extensions such as permanent delegate, transfer hook, or default frozen state are active, nor are balance mutability or non-transferability features.

GovernanceHigh1/10

The token exhibits a holder concentration of 33.82% among the top 10 accounts, which is below thresholds for high concern. Total DEX liquidity stands at $33,716, supporting a 24-hour trading volume of $63,241. The volume/liquidity ratio is 1.88, indicating normal trading activity without signs of wash trading. The DEX pair has been active for 13 days, providing a short but established track record.

UpgradesMedium5/10

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

Security Checklist

1/4 checks passed

Contract VerifiedFail

No Mint Function?

Liquidity LockedFail

Not a ProxyPass

Liquidity Depth

$14.3K

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

7 factors

Ownership status UNKNOWN (owner could not be resolved)
Mint capability UNKNOWN (implementation ABI unreadable)
Contract source NOT verified
Top-10 concentration > 50% (64.4% total → 64.4% effective; 64.4% in EOAs, 0.0% in contracts — heavy)
Liquidity NOT locked (owner can withdraw — rug-pull risk)
Liquidity < $50k ($14,339 across 1 pairs — thin market)
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 CHEEMS Safe?