On-chain security analysis — is it a scam or legit?
BNB ChainThe Dood token is a standard ERC-20 implementation utilizing the UUPS proxy pattern.
Read the full analysisEach 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
How the supply is spread across holders could not be read — the indexer's holder list does not add up to the supply. The indexer lists 104.5% of the supply in its top 10, which cannot be right. Check the largest holders on a block explorer, which reads current balances.
The risk score reads depth across every pair.
The LP tokens of the analysed pool are not locked or burned, so whoever holds them can withdraw that liquidity.
0x81df…c90aNo privileged address appears among these holders: the unlocked liquidity sits with independent providers, not with the deployer.
0.0% of the pool's LP is burned or time-locked. 100.0% is held, unlocked, by 1 address(es) other than the owner/deployer. One of them — a wallet, 0x81df…c90a — holds 100.0% and can remove that share at once; who controls it is not visible on-chain, so it is not treated as an independent provider. Some pools are concentrated-liquidity (V3/V4) positions; shares above are by position as GoPlus reports them.
Check the lock's end date and beneficiary on the locker's own page before relying on it.
Acknowledged
The contract lets its controller — a 2-of-6 multisig — mint new supply. Nothing independent vouches for whoever holds them, so each is a live risk to holders.
Check who holds these powers and whether a timelock or multisig stands between them and holders.
Acknowledged
The verified source code was reviewed and no issue rising to Informational severity or above was identified. This is a statement about the code that was read, not a guarantee: the review covers the published source only. Fact-layer checks (mint/owner authority, mint capability) were applied separately and feed the risk score.
Re-check after any contract upgrade or ownership change, both of which can alter behaviour without changing this page.
Acknowledged
The holder list from the security indexer adds up to 104.5% of supply, so it does not describe real balances. That happens with rebasing and reflection tokens, whose balances change without transfers, and with contracts that report balances they do not hold. Concentration is unknown and priced as an unknown — neither a whale nor safe.
Check the largest holders on the block explorer, which reads current balances.
Acknowledged
Listed on CoinGecko as Doodles (DOOD), market cap $18M, rank #901. 12,571 holders. Verified by: CoinGecko.
Match the contract address against the project's official channels before trading.
Acknowledged
Liquidity $198K (DexScreener, all pools). 24h trading volume $216.3M (CoinGecko, all markets, daily snapshot). 24h trading volume $1.7M (DexScreener, all pools).
Size any position to the liquidity and daily volume shown — they set how much you can sell and at what price.
Acknowledged
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 2-of-6 multisig. Code: upgradeable proxy. Fees: no buy or sell tax. Market: $198K of DEX liquidity across 3 pools. Launch: 532 days of market history.
Check the project's own documentation for what the token is used for; this report covers what the contract allows.
Acknowledged
The Dood token is a standard ERC-20 implementation utilizing the UUPS proxy pattern. The contract architecture is robust, leveraging OpenZeppelin's audited libraries for upgradeability and token functionality. No critical vulnerabilities were identified in the current implementation.
The contract follows standard ERC-20 and UUPS proxy patterns, ensuring compatibility with existing DeFi infrastructure. 7.1 Architecture is well-structured, 7.2 Code Security is high due to reliance on audited libraries, and 7.3 Access Control is correctly implemented via OwnableUpgradeable. 7.6 External interactions are minimal, reducing the attack surface for reentrancy or flash loan exploits.
7.4 Economic and 7.5 Governance risks are mitigated by the use of a 2-of-6 multisig wallet for administrative actions. The minter role is restricted to an address controlled by the multisig, preventing unauthorized supply inflation. 7.8 Operations are simplified by the clear separation of administrative and user-facing functions.
7.7 Upgrades are handled via the UUPS pattern, which is the industry standard for gas-efficient and secure proxy management. The implementation contract is correctly initialized, and the proxy structure prevents unauthorized logic changes. The upgradeability mechanism is protected by the same multisig ownership as the token parameters.
The protocol is currently in a secure state. We recommend maintaining the multisig threshold and ensuring that the private keys for the 6 signers are stored in geographically distributed, hardware-secured environments to prevent single points of failure.
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Score changes are recorded as dated snapshots — history is append-only and cannot be edited.
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