Early-stage security check — honeypot & rug-pull analysis
The DERC20 contract is a standard ERC-20 implementation with additional governance, voting, and vesting capabilities.
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
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 22, 2026
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.
0x4228…22d6No privileged address appears among these holders: the unlocked liquidity sits with independent providers, not with the deployer.
The owner has the authority to mint new tokens via the updateMintRate and release functions. This allows the owner to increase the total supply at their discretion, which can lead to the dilution of existing token holders' value.
Implement a timelock for minting operations or transition ownership to a decentralized governance model to ensure that supply changes are subject to community consensus.
Unresolved
The owner can toggle the isPoolUnlocked switch using the lockPool and unlockPool functions. This allows the owner to unilaterally freeze or unfreeze transfers, effectively controlling the liquidity and marketability of the token.
Remove the ability for the owner to arbitrarily lock transfers, or restrict this functionality to a decentralized emergency pause mechanism that requires multi-party approval.
Unresolved
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, 0x4228…22d6 — 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 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%. 2,592 holders in total.
Watch the largest wallets that are not exchanges, pools or locks — those are the ones that can move the price.
Acknowledged
2,592 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.
Match the contract address against the project's official channels before trading.
Acknowledged
Liquidity $68K (DexScreener, all pools). 24h trading volume $61K (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 ProxyAdmin contract. Code: not upgradeable (no proxy). Fees: no buy or sell tax. Market: $68K of DEX liquidity across 1 pools. Launch: under a day 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 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.
Re-check ownership, liquidity and holder distribution as the token matures; those are the facts that move early.
Acknowledged
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 inflation rates and liquidity pool access. While the code follows established OpenZeppelin standards, the high degree of administrative control over token supply and transferability introduces significant centralization risks for token holders.
The architecture utilizes robust, battle-tested OpenZeppelin libraries for ERC-20, voting, and permit functionality. 7.1 Architecture and 7.2 Code Security are well-implemented, ensuring standard compliance. However, 7.3 Access Control is highly centralized, granting the owner extensive power over core contract logic. 7.8 Operations are straightforward, though the reliance on block.timestamp for inflation calculations is standard for this type of implementation.
7.4 Economic and 7.5 Governance aspects are dominated by the owner's ability to mint tokens and restrict transfers. While inflation is capped at 2% annually, the owner retains unilateral control over these parameters. 7.6 External dependencies are minimal, reducing the surface area for external exploits, but the centralization of power remains a primary concern for decentralized governance.
7.7 Upgrades are not implemented as this is a non-proxy contract. The logic is immutable, which provides security against proxy-based upgrade vulnerabilities. Future changes to the protocol would require a migration to a new contract address.
To improve security and trust, consider transitioning the owner role to a multi-signature wallet or a decentralized governance contract (DAO).
This would mitigate the risk of a single point of failure and provide transparency for administrative actions like minting or pool locking. Additionally, implement a timelock mechanism for all privileged functions. A delay between the announcement and execution of administrative changes would allow the community to monitor and respond to significant protocol adjustments.
Free for any token on the record. It links to this page and always shows the current score and the date it was checked.
Score changes are recorded as dated snapshots — history is append-only and cannot be edited.
The Federal Oil Trust Fund (FOTF) contract on Base is 0x0de572e4cd47191884d8df07da84db7bf1bdec1d. Compare it with the address the project itself publishes before trading: other contracts can carry the same name and ticker.
Quantum Audit's risk score for Federal Oil Trust Fund is 59/100 (Medium risk) as of Oct 22, 2026, computed by a deterministic function from on-chain facts — Contract verified: Verified; Ownership: Retained; Mint: Mintable; Liquidity lock: Not locked; 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.
Liquidity lock: Not locked (as of Oct 22, 2026). Total DEX liquidity: $68.1K.
As of Oct 22, 2026, the 10 largest holders own 100.0% of the supply across 2,592 holders. The Holders section on this page shows who they are by holder type.
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