Is Cog 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 Cog token is built on the spl-token-2022 program, indicating modern SPL token standards. Both the Mint Authority and Freeze Authority are revoked, ensuring a fixed token supply and preventing any future freezing of holder accounts. No transfer hook is active, which means token transfers execute directly without external program interference. The token is not balance_mutable, closable, freezable, or non_transferable, enhancing its predictable behavior.

GovernanceHigh1/10

The token maintains moderate liquidity at $36,133, supported by a 24-hour trading volume of $95,037. The Volume/Liquidity Ratio of 2.63 is within normal parameters, suggesting organic trading activity. The DEX pair has been active for 17 days, providing a short but established track record. Holder concentration is not excessive, with the top 10 accounts holding 43.97% of the total supply.

UpgradesMedium5/10

The token's core parameters are immutable, as both the Mint Authority and Freeze Authority have been revoked. This prevents any future changes to the token's total supply or the ability to freeze individual accounts. Furthermore, the token's metadata is not mutable, ensuring its name, symbol, and image cannot be altered post-launch. Key Token-2022 extensions like transfer hook and transfer fee are not upgradable, contributing to stability.

Security Checklist

1/4 checks passed

Contract VerifiedFail

No Mint Function?

Liquidity LockedFail

Not a ProxyPass

Liquidity Depth

$38.0K across 3 pairs

PumpswapSOLanalysed$35.6K Meteora DYN2IME$2.4K Meteora DYN2CSR$15

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 > 30% (42.1% total → 42.1% effective; 42.1% in EOAs, 0.0% in contracts — moderate)
Liquidity NOT locked (owner can withdraw — rug-pull risk)
Liquidity < $50k ($38,019 across 3 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 Cog Safe?