Is Dojocoin Safe?

The Dojocoin (DOJO) token is implemented using the spl-token-2022 program. Both the mint authority and freeze authority have been revoked, ensuring no new tokens can be minted and no accounts can be frozen, which is a positive security characteristic (7.3 Access Control). A 1.00% transfer fee is active, and this fee is upgradable, allowing the fee authority to modify it in the future (7.2 Code Security). The token does not utilize a transfer hook or default frozen account state.

The token exhibits significant holder concentration, with the top 10 accounts holding 66.15% of the total supply, indicating potential for price volatility from large sell-offs (7.4 Economic). Total DEX liquidity stands at $28,001, which is moderate. The 24-hour volume to liquidity ratio is 7.73, suggesting active trading relative to available liquidity. The DEX pair has been active for 12 days, providing a short but existing track record (7.6 External).

The mint and freeze authorities for Dojocoin (DOJO) are permanently revoked, preventing further minting or freezing of accounts (7.7 Upgrades). However, the token's metadata, including its name, symbol, or image, is mutable and can be changed post-launch. Additionally, the existing 1.00% transfer fee is upgradable, meaning its rate can be adjusted by the fee authority (7.7 Upgrades).