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Early-stage security check — honeypot & rug-pull analysis

Is Credible Finance a Scam?

CREDSolana
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Last checked Sep 22, 2026 · 2 audits on recordNew Launch · 1d old
SummaryAI Copilot

This audit of the Credible Finance (CRED) SPL token mint reveals a critical risk: the mint authority is still active, allowing for unlimited token creation and potential dilution of all holders.

Read the full analysis
What raised the score
  • Mintable supply — no cap found, dilution unbounded
  • Top-10 concentration > 70%
  • LP lock status UNKNOWN — the pool's LP could not be read
  • Token age < 7 days
  • 1 Critical finding(s) from audit
  • 1 Medium finding(s) from audit
  • 1 Low finding(s) from audit
Exact factors
  • Mintable supply — no cap found, dilution unbounded
  • Top-10 concentration > 70% (71.6% total → 71.6% effective; 71.6% in EOAs, 0.0% in contracts — extreme)
  • LP lock status UNKNOWN — the pool's LP could not be read
  • Token age < 7 days (early, volatile)
  • 1 Critical finding(s) from audit
  • 1 Medium finding(s) from audit
  • 1 Low finding(s) from audit

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

Early-stage analysis. This token has limited on-chain history (1d old). New tokens carry elevated risk — data may change rapidly. Always verify independently before investing.

Security Checklist

as of audit · Sep 222 of 4 checks passed
Contract verifiedVerified
MintMintable
Liquidity lockUnknown
UpgradeabilityFixed code

Holders

as of audit · Sep 22, 2026
71.6%Top 10 holders28.4%Everyone else
71.6%Top 10 holders28.4%Everyone else
Top 10 holdersEveryone elseBubble area = share of supply
71.6%of supply sits with the top 10 holders
  • Top 10 holdersthe ten largest balances71.6%
  • Everyone elsethe rest of the supply28.4%

Holder balances as recorded by the audit of Sep 22, 2026

Liquidity

as of audit · Sep 22$2.50M across 4 pairs
LP tokensUnknown

Whether the LP tokens are locked could not be determined.

Analysed pool$1.94MShare of depth77.6%

Security Findings

1 Critical1 Medium1 Low
Critical

Mint Authority Not Revoked

The mint authority is ATESfx…2er4. The holder of this key can mint unlimited new tokens, diluting all current holders to zero value.C-01

Issue

The mint authority is . The holder of this key can mint unlimited new tokens, diluting all current holders to zero value.

Fix

Verify on-chain that the mint authority is set to null before treating supply as fixed.

Status

Unresolved

Medium

Very New Pair

DEX pair was created 1 days ago. Insufficient track record to assess team or holder behaviour.M-01

Issue

DEX pair was created 1 days ago. Insufficient track record to assess team or holder behaviour.

Fix

Monitor the token's activity and team communications closely for an extended period before making significant investments.

Status

Unresolved

Low

Mutable Metadata

Token name, symbol, or image can be changed post-launch.L-01

Issue

Token name, symbol, or image can be changed post-launch.

Fix

Verify metadata against off-chain expectations before trusting branding.

Status

Unresolved

Analysis

AI Copilotas of audit · Sep 22
Executive SummaryWhat the contract is and what the review found

This audit of the Credible Finance (CRED) SPL token mint reveals a critical risk: the mint authority is still active, allowing for unlimited token creation and potential dilution of all holders. Additionally, the DEX trading pair is very new, lacking sufficient track record, and the token's metadata is mutable. Holder distribution data was unavailable from chain-native RPC.

Technical6/10Medium risk

The Credible Finance (CRED) token is implemented using the standard spl-token program (v3). A critical finding is that the mint authority, , remains active, enabling the creation of new tokens. The freeze authority, however, has been revoked, preventing the freezing of holder accounts. The token does not have balance mutability or default frozen account states.

Governance2/10High risk

The token's DEX pair is very new, having been created only 1 day ago, which means there is insufficient track record for market behavior. Total DEX liquidity stands at $2,031,814, with a 24-hour volume of $1,180,571, resulting in a normal Volume/Liquidity Ratio of 0.58. Holder concentration data was unavailable from chain-native RPC, preventing a full assessment of distribution risk.

Upgrades5/10Medium risk

The mint authority for the token is still active, allowing for potential changes to the total supply. The freeze authority has been revoked, which is a positive security measure. The token's metadata is mutable, meaning its name, symbol, or image can be altered post-launch. There are no active transfer hook or transfer fee extensions that are upgradable.

Final RecommendationWhat to do about this score

Before engaging with this token, verify on-chain that the mint authority () has been permanently revoked to ensure a fixed supply.

Monitor the token's metadata for any unexpected changes that could affect its branding or perceived legitimacy. Due to the very recent launch of the DEX pair, exercise caution and observe market dynamics and team activity over a longer period to assess stability and community trust.

Contract & Record

2 audits on record
TypeSPL Token v3
NetworkSolana
Token age1d
ContractCREDBH…meta
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Audit History
  1. Sep 22, 202669High
  2. Sep 4, 202684High
  3. Jul 23, 202691Critical

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

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