The DERC20 contract is a standard ERC-20 implementation with additional governance, voting, and vesting capabilities. The protocol relies on a centralized owner to manage minting rates and pool access. While the code follows standard OpenZeppelin patterns, the high degree of administrative control over supply and transferability poses a significant trust requirement for token holders.
Early-stage security check — honeypot & rug-pull analysis
Is Digital Oil Asset Supply a Scam?
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 →The DERC20 contract is a standard ERC-20 implementation with additional governance, voting, and vesting capabilities.
Read the full analysis- Owner can pause all transfers
- A privileged address controls a switch that decides whether transfers go through
- Mintable supply — no cap found, dilution unbounded
- LP lock status UNKNOWN — the pool's LP could not be read
- Top-10 concentration > 30%
Exact factors
- Owner can pause all transfers
- A privileged address controls a switch that decides whether transfers go through
- Mintable supply — no cap found, dilution unbounded
- LP lock status UNKNOWN — the pool's LP could not be read
- Top-10 concentration > 30% (100.0% total → 48.2% effective; 16.2% in EOAs, 80.0% in contracts; 3.8% burned, locked or in pools excluded)
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 · Oct 24Holders
as of audit · Oct 24, 2026- Contractstreasury, vesting, bridge, staking80.0%
- Walletsanonymous holders, free to sell16.2%
- Burnedout of circulation3.8%
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 Oct 24, 2026
Liquidity
as of audit · Oct 24The risk score reads depth across every pair.
Whether the LP tokens are locked could not be determined.
Security Findings
MediumCentralized Minting Authority
The owner has the ability to trigger minting via updateMintRate and release functions, which increases the total supply and dilutes existing token holders.CP-01
Issue
The owner has the ability to trigger minting via updateMintRate and release functions, which increases the total supply and dilutes existing token holders.
Fix
Implement a timelock for minting operations or move the minting authority to a decentralized governance contract.
Status
Unresolved
MediumCentralized Transfer Control
The owner can use lockPool and unlockPool to toggle the transferability of tokens, effectively allowing the owner to freeze user assets or restrict market activity.CP-05
Issue
The owner can use lockPool and unlockPool to toggle the transferability of tokens, effectively allowing the owner to freeze user assets or restrict market activity.
Fix
Remove the ability to arbitrarily lock transfers or restrict this functionality to specific, time-bound scenarios with clear community oversight.
Status
Unresolved
InfoWho holds the supply
The ten largest holders own 100.0% of supply. Of that, 3.8% burned — not holders that can sell, so excluded from the concentration score. What remains: 16.2% in wallets, 80.0% in other contracts. The deployer/owner wallet itself holds 16.2%. 2,516 holders in total.QA-HOLDERS
Issue
The ten largest holders own 100.0% of supply. Of that, 3.8% burned — not holders that can sell, so excluded from the concentration score. What remains: 16.2% in wallets, 80.0% in other contracts. The deployer/owner wallet itself holds 16.2%. 2,516 holders in total.
Fix
Watch the largest wallets that are not exchanges, pools or locks — those are the ones that can move the price.
Status
Acknowledged
InfoNot listed by any independent source
2,516 holders. Not listed by CoinGecko or any exchange GoPlus tracks. Nothing independent confirms who is behind this token, so every power its contract grants is scored at face value.QA-IDENTITY
Issue
2,516 holders. Not listed by CoinGecko or any exchange GoPlus tracks. Nothing independent confirms who is behind this token, so every power its contract grants is scored at face value.
Fix
Match the contract address against the project's official channels before trading.
Status
Acknowledged
InfoThe market for this token
Liquidity $75K (DexScreener, all pools). 24h trading volume $209K (DexScreener, all pools).QA-MARKET
Issue
Liquidity $75K (DexScreener, all pools). 24h trading volume $209K (DexScreener, all pools).
Fix
Size any position to the liquidity and daily volume shown — they set how much you can sell and at what price.
Status
Acknowledged
InfoAsset class: Project token
A token issued by a project for use, governance or fundraising. Scored on its contract and market facts. The class itself adds no points; the contract and market facts decide the score. Basis: no class-specific evidence. Tokenomics — Supply: mintable with no on-chain cap found. Control: a ProxyAdmin contract. Code: not upgradeable (no proxy). Fees: no buy or sell tax. Market: $75K of DEX liquidity across 1 pools. Launch: under a day of market history.QA-PROFILE
Issue
A token issued by a project for use, governance or fundraising. Scored on its contract and market facts. The class itself adds no points; the contract and market facts decide the score. Basis: no class-specific evidence. Tokenomics — Supply: mintable with no on-chain cap found. Control: a ProxyAdmin contract. Code: not upgradeable (no proxy). Fees: no buy or sell tax. Market: $75K of DEX liquidity across 1 pools. Launch: under a day of market history.
Fix
Check the project's own documentation for what the token is used for; this report covers what the contract allows.
Status
Acknowledged
InfoRecently launched — less than a day of market history
The token's oldest DEX pool is less than a day old. Age is not part of the risk score — a new token is not a risky one by default — but a short history means fewer trades and holder changes behind the facts in this report.QA-RECENT
Issue
The token's oldest DEX pool is less than a day old. Age is not part of the risk score — a new token is not a risky one by default — but a short history means fewer trades and holder changes behind the facts in this report.
Fix
Re-check ownership, liquidity and holder distribution as the token matures; those are the facts that move early.
Status
Acknowledged
Analysis
AI Copilotas of audit · Oct 24The contract utilizes well-audited OpenZeppelin libraries for ERC-20, voting, and permit functionality (7.1 Architecture, 7.2 Code Security). The implementation is clean and follows standard patterns for token minting and vesting (7.8 Operations). However, the reliance on custom logic for pool locking and inflation management introduces potential points of failure if the owner account is compromised (7.3 Access Control).
The economic model is heavily centralized, with the owner having the authority to mint tokens up to a 2% annual cap (7.4 Economic). Governance is currently limited to the owner, with no decentralized voting mechanism for administrative changes (7.5 Governance). This creates a trust-based environment where holders must rely on the owner's discretion regarding supply dilution and market access (7.4 Economic).
The contract is not currently using a proxy pattern, meaning the logic is immutable (7.7 Upgrades). While this prevents malicious logic updates, it also prevents the protocol from patching potential bugs without a migration. The current architecture is stable and predictable for users (7.1 Architecture).
To improve security, consider transitioning the ownership to a multi-signature wallet or a decentralized DAO structure to mitigate the risks associated with a single point of failure.
Additionally, implementing a timelock on sensitive functions like updateMintRate would provide transparency and allow the community to react to significant changes in token supply. Ensure that all administrative actions are logged via events to maintain an audit trail. For long-term sustainability, consider renouncing ownership or moving to a governance-controlled model once the initial distribution and vesting phases are complete.
Contract & Record
Free for any token on the record. It links to this page and always shows the current score and the date it was checked.
- Oct 24, 202656Medium
Score changes are recorded as dated snapshots — history is append-only and cannot be edited.
Frequently Asked Questions
What is the DOAS contract address?
The Digital Oil Asset Supply (DOAS) contract on Base is 0xce8a6353754b74ca2c1559bda72f5c3f78644698. Compare it with the address the project itself publishes before trading: other contracts can carry the same name and ticker.
Is Digital Oil Asset Supply a scam?
Quantum Audit's risk score for Digital Oil Asset Supply is 56/100 (Medium risk) as of Oct 24, 2026, computed by a deterministic function from on-chain facts — Contract verified: Verified; Ownership: Retained; Mint: Mintable; 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.
Who holds DOAS?
As of Oct 24, 2026, the 10 largest holders own 100.0% of the supply across 2,516 holders. The Holders section on this page shows who they are by holder type.
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