Is Fartcoin 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 implemented using the standard `spl-token` program (v3) with 6 decimals. Both the mint authority and freeze authority are revoked, ensuring that no new tokens can be minted and no holder accounts can be frozen. The token does not utilize advanced Token-2022 extensions such as balance mutability, transfer hooks, or default frozen account states, indicating a standard and predictable token behavior.

GovernanceHigh2/10

The token exhibits healthy liquidity with $6,354,417 in total DEX liquidity, supporting efficient trading. The 24-hour volume of $530,366 results in a normal Volume/Liquidity Ratio of 0.08, suggesting organic trading activity. The DEX pair has been active for 631 days, indicating an established market presence. Holder concentration data was unavailable, preventing an assessment of supply distribution.

UpgradesMedium5/10

The mint authority is revoked, meaning the token's supply is fixed and cannot be increased. Similarly, the freeze authority is revoked, preventing any entity from freezing token holder accounts. The token's metadata is immutable, ensuring that its name, symbol, or image cannot be changed post-launch. As an SPL Token Mint, there is no upgrade mechanism comparable to EVM proxy contracts; its behavior is determined by the immutable SPL Token Program.

Security Checklist

1/4 checks passed

Contract VerifiedFail

No Mint Function?

Liquidity LockedFail

Not a ProxyPass

Liquidity Depth

$9.83M across 30 pairs

RaydiumSOLanalysed$7.94M Orca wpSOL$1.20M Orca wpSOL$302.1K Meteora DLMMSOL$215.8K Meteora DLMMSOL$32.3K Orca wpUSDC$30.9K

Show 4 more pairsShow less

Meteora DLMMUSDC$19.1K Raydium CLMMPYUSD$14.5K Meteora DLMMUSDC$12.3K Raydium CLMMSOL$11.6K

The 20 remaining pairs hold $50.2K between them and are not listed.

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% (36.7% total → 36.7% effective; 36.7% 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 Fartcoin Safe?