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Is Coinbase Wrapped Hyperliquid Safe?

CBHYPEBase
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 →
Last checked Sep 4, 2026 · 1 audit on record
SummaryAI Copilot

This audit report is based on the provided contract address 0xb200000000000000000000451d033a5000cb479e on the Base network.

Read the full analysis
What raised the score
  • Ownership status UNKNOWN
  • Mint capability UNKNOWN
  • Liquidity not locked, but no owner/deployer address holds LP — market-depth risk, not rug risk
  • LP top1 unlocked holder = 100.0%
  • LP top3 unlocked holders = 100.0%
Exact factors
  • Ownership status UNKNOWN (owner could not be resolved)
  • Mint capability UNKNOWN (implementation ABI unreadable)
  • Liquidity not locked, but no owner/deployer address holds LP — market-depth risk, not rug risk
  • LP top1 unlocked holder = 100.0% (independent LP — depth risk)
  • LP top3 unlocked holders = 100.0% (independent LP — depth risk)

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 · Sep 44 of 7 checks passed
Contract verifiedVerified
OwnershipUnknown
MintUnknown
Liquidity lockNot locked
UpgradeabilityFixed code
HoneypotNone found
Buy / sell tax0% / 0%

Holders

as of audit · Sep 4, 2026
47.0%Contracts53.0%Everyone else
47.0%Contracts53.0%Everyone else
ContractsEveryone elseBubble area = share of supply
47.0%of supply sits with the top 10 holders
  • Contractstreasury, vesting, bridge, staking47.0%
  • Everyone elsethe rest of the supply53.0%
Effective concentrationwhat the score reads18.8%
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 Sep 4, 2026

Liquidity

as of audit · Sep 4$587.7K across 9 pairs
LP tokensNot locked

The LP tokens of the analysed pool are not locked or burned, so whoever holds them can withdraw that liquidity.

Analysed pool$587.5KShare of depth100.0%
Top-1 Unlocked Holder100.0%
Top-3 Unlocked100.0%
Unlocked LP held by
0x5eb9…63e9

No privileged address appears among these holders: the unlocked liquidity sits with independent providers, not with the deployer.

Security Findings

3 Info
Info

Missing Source Code for Audit

The smart contract at address 0xb200…479e was provided without its corresponding Solidity source code. This prevents any meaningful static or dynamic analysis of the contract's implementation, logic, and potential vulnerabilities (7.2 Code Security, 7.3 Access Control).I-01

Issue

The smart contract at address was provided without its corresponding Solidity source code. This prevents any meaningful static or dynamic analysis of the contract's implementation, logic, and potential vulnerabilities (7.2 Code Security, 7.3 Access Control).

Fix

Provide the complete and verified Solidity source code for the contract. Ideally, the code should be verified on a block explorer (e.g., Basescan) to ensure transparency and immutability of the deployed logic.

Status

Unresolved

Info

Unverified Contract on Block Explorer

The contract at 0xb200…479e is not verified on the Base network's block explorer. This lack of verification hinders public transparency and makes it difficult for users and auditors to confirm the deployed bytecode matches any claimed source code (7.8 Operations).I-02

Issue

The contract at is not verified on the Base network's block explorer. This lack of verification hinders public transparency and makes it difficult for users and auditors to confirm the deployed bytecode matches any claimed source code (7.8 Operations).

Fix

Verify the contract's source code on the Base network's block explorer. This step is crucial for transparency, user trust, and facilitating future audits or incident response.

Status

Unresolved

Info

Inability to Assess Architectural Design

Without access to the source code, it is impossible to evaluate the contract's architectural design, dependencies, and overall system integration (7.1 Architecture). This includes understanding its role within a larger protocol, its interaction with other contracts, and potential external risks (7.6 External).I-03

Issue

Without access to the source code, it is impossible to evaluate the contract's architectural design, dependencies, and overall system integration (7.1 Architecture). This includes understanding its role within a larger protocol, its interaction with other contracts, and potential external risks (7.6 External).

Fix

Provide the source code and, if applicable, architectural diagrams or documentation detailing the contract's role, dependencies, and interaction patterns within the broader protocol.

Status

Unresolved

Analysis

AI Copilotas of audit · Sep 4
Executive SummaryWhat the contract is and what the review found

This audit report is based on the provided contract address 0xb200000000000000000000451d033a5000cb479e on the Base network. No source code was provided for analysis, therefore a comprehensive security audit could not be performed. The risk levels assigned reflect the absence of information rather than an assessment of the contract's inherent security. A full audit requires access to the complete and verified source code.

Technical10/10Low risk

A technical review (7.2 Code Security) could not be conducted due to the absence of source code. Without access to the Solidity implementation, it is impossible to assess common vulnerabilities such as reentrancy, integer overflows, or access control flaws (7.3 Access Control). The current technical risk level is 'Low' only because no vulnerabilities could be identified, not because the code is confirmed secure.

Governance3/10High risk

An economic and governance review (7.4 Economic, 7.5 Governance) could not be performed without understanding the contract's logic and intended functionality. Potential risks related to tokenomics, flash loan attacks, or oracle manipulation cannot be assessed. The current governance and economic risk level is 'Low' due to lack of information, not confirmed safety.

Upgrades6/10Medium risk

The upgradeability status (7.7 Upgrades) of the contract cannot be determined without source code. It is unknown if the contract utilizes a proxy pattern (UUPS, Transparent) or if it is immutable. This prevents assessment of potential upgrade safety issues or risks associated with upgrade mechanisms. The current upgrade risk level is 'Low' due to lack of information.

Final RecommendationWhat to do about this score

To enable a comprehensive security audit, it is crucial to provide the complete and verified source code for the contract at .

This will allow for a thorough analysis of the contract's logic, identification of potential vulnerabilities, and assessment of its overall security posture across all relevant categories.

Contract & Record

1 audit on record
Type-
NetworkBase
Token age1y
Contract0xb200…479e
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Audit History
  1. Sep 4, 202618Low
  2. Sep 2, 202634Low

Score changes are recorded as dated snapshots — history is append-only and cannot be edited.

Frequently Asked Questions

What is the CBHYPE contract address?

The Coinbase Wrapped Hyperliquid (CBHYPE) contract on Base is 0xb200000000000000000000451d033a5000cb479e. Compare it with the address the project itself publishes before trading: other contracts can carry the same name and ticker.

Is Coinbase Wrapped Hyperliquid a scam?

Quantum Audit's risk score for Coinbase Wrapped Hyperliquid is 18/100 (Low risk) as of Sep 4, 2026, computed by a deterministic function from on-chain facts — Contract verified: Verified; Liquidity lock: Not locked; Upgradeability: Fixed code; Honeypot: None found; Buy / sell tax: 0% / 0%. A score is a dated snapshot of those facts, not a guarantee; each one is listed on this page.

Is CBHYPE liquidity locked?

Liquidity lock: Not locked (as of Sep 4, 2026). Total DEX liquidity: $587.7K.

Who holds CBHYPE?

As of Sep 4, 2026, the 10 largest holders own 47.0% of the supply. The Holders section on this page shows who they are by holder type.

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