Is Daydreams (DREAMS) 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 LP lock/burn state, 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 LP lock/burn state, 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 token is an SPL Token v3 mint, identified by the 'spl-token' program. Both the mint authority and freeze authority are revoked, indicating a fixed supply and unfreezable accounts. It does not utilize Token-2022 extensions like permanent delegate, transfer hook, or default frozen state, nor does it have balance mutability. (7.1 Architecture, 7.3 Access Control)

GovernanceHigh2/10

The token exhibits healthy liquidity at $428,597 USD, with a normal 24-hour volume to liquidity ratio of 1.04. The DEX pair has been active for 577 days, providing a sufficient track record. Holder concentration data indicates that the top 10 accounts hold 36.17% of the supply, which is below thresholds for high concentration risk. (7.4 Economic)

UpgradesMedium5/10

The mint authority and freeze authority are both revoked, meaning no further tokens can be minted and no accounts can be frozen. The token's metadata is immutable, preventing changes to its name, symbol, or image post-launch. This token is based on the `spl-token` program (v3), not the newer Token-2022 program, and therefore does not support Token-2022 specific upgradeable features or extensions. (7.7 Upgrades)

Security Checklist

1/4 checks passed

Contract VerifiedFail

No Mint Function?

Liquidity LockedFail

Not a ProxyPass

Liquidity Depth

$412.3K across 4 pairs

RaydiumSOLanalysed$386.8K Meteora DLMMSOL$19.5K Meteora DLMMSOL$5.8K PumpswapSOL$111

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.

LP Distribution

LP Burned99.8% · ≈ permanent lock

What Raised This Score

5 factors

Ownership status UNKNOWN (owner could not be resolved)
Mint capability UNKNOWN (implementation ABI unreadable)
Contract source NOT verified
Top-10 concentration > 30% (37.7% total → 37.7% effective; 37.7% in EOAs, 0.0% in contracts — moderate)
Liquidity NOT locked (owner can withdraw — rug-pull 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

Is Daydreams Safe?