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Is Credible Finance a Scam?

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

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Credible Finance CRED
CREDBH…meta
Solana Not verifiedLast checked 3d ago 1 audit on record New Launch · 1d old
How is this score calculated? → Critical Risk
Executive 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. 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.

1 Critical1 Medium1 Low
! 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.
Volume 24h
$123.3K
Liquidity
$2.16M
Price
$0.7287
Token Age
1d
Top 10 Holders
69.7%

Security Findings

Critical

Mint Authority Not Revoked

C-01The mint authority is ATESfx…2er4. The holder of this key can mint unlimited new tokens, diluting all current holders to zero value.
IssueThe mint authority is . The holder of this key can mint unlimited new tokens, diluting all current holders to zero value.
FixVerify on-chain that the mint authority is set to null before treating supply as fixed.
StatusUnresolved
Medium

Very New Pair

M-01DEX pair was created 1 days ago. Insufficient track record to assess team or holder behaviour.
IssueDEX pair was created 1 days ago. Insufficient track record to assess team or holder behaviour.
FixMonitor the token's activity and team communications closely for an extended period before making significant investments.
StatusUnresolved
Low

Mutable Metadata

L-01Token name, symbol, or image can be changed post-launch.
IssueToken name, symbol, or image can be changed post-launch.
FixVerify metadata against off-chain expectations before trusting branding.
StatusUnresolved

Category Ratings

TechnicalMedium4/10

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 The freeze authority, however, has been revoked, preventing the freezing of holder accounts.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.

GovernanceHigh1/10

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.

UpgradesMedium4/10

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.

Security Checklist

Contract VerifiedFail
No Mint Function?
Liquidity LockedFail
Not a ProxyPass

Liquidity Depth

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

  • Ownership status UNKNOWN (owner could not be resolved)
  • Mint capability UNKNOWN (implementation ABI unreadable)
  • Contract source NOT verified
  • Top-10 concentration > 50% (69.7% total → 69.7% effective; 69.7% in EOAs, 0.0% in contracts — heavy)
  • Liquidity NOT locked (owner can withdraw — rug-pull risk)
  • 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

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