Early-stage security check — honeypot & rug-pull analysis
The DERC20 contract is a standard ERC-20 token 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 25, 2026
The risk score reads depth across every pair.
Whether the LP tokens are locked could not be determined.
The owner has the authority to mint new tokens via the updateMintRate and release functions. This allows the owner to increase the total supply, which directly dilutes the value of existing holdings.
Transition ownership to a decentralized governance model or implement a hard-coded, immutable minting schedule to remove owner discretion.
Unresolved
The owner can toggle the isPoolUnlocked switch using the lockPool and unlockPool functions. This allows the owner to unilaterally freeze or unfreeze token transfers, effectively controlling the liquidity of the token.
Remove the ability for the owner to pause transfers, or restrict this functionality to a decentralized emergency pause mechanism with a timelock.
Unresolved
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%. 2,285 holders in total.
Watch the largest wallets that are not exchanges, pools or locks — those are the ones that can move the price.
Acknowledged
2,285 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 $78K (DexScreener, all pools). 24h trading volume $57K (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: $78K of DEX liquidity across 1 pools. Launch: 1 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 token's oldest DEX pool is 1 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 token with additional governance, voting, and vesting capabilities. The protocol relies on a centralized owner to manage inflation rates and pool access. While the code follows standard OpenZeppelin patterns, the high level of administrative control over supply and transferability presents a significant centralization risk.
The architecture utilizes robust, battle-tested OpenZeppelin libraries for ERC-20, voting, and permit functionality. Code security is high, with clear separation of concerns and standard implementation of state variables. 7.1 Architecture and 7.2 Code Security are well-implemented, though 7.3 Access Control is highly centralized. The contract avoids common pitfalls like reentrancy by using standard library patterns.
Economic parameters are governed by the owner, who can mint tokens up to a 2% annual cap. 7.4 Economic and 7.5 Governance rely entirely on the owner's discretion, which may not align with decentralized principles. 7.6 External dependencies are minimal, reducing integration risks. The vesting mechanism provides a structured release schedule for participants.
The contract is not upgradeable, which eliminates risks associated with proxy patterns. 7.7 Upgrades are not applicable as the logic is immutable. 7.8 Operations are straightforward, relying on standard administrative functions to manage the token lifecycle.
To improve security and trust, consider transitioning ownership to a multi-signature wallet or a decentralized governance contract (DAO).
This would mitigate the risks associated with a single point of failure regarding token minting and transfer control. Additionally, implement a timelock mechanism for all privileged functions. A delay on administrative actions like updating mint rates or locking pools would provide transparency and allow the community to react to significant changes in the token's economic policy.
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) (FOTF) contract on Base is 0x35821ba6061fd0a7e9a91751a6d612b88658c0e8. 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 (FOTF) is 55/100 (Medium risk) as of Oct 25, 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.
As of Oct 25, 2026, the 10 largest holders own 100.0% of the supply across 2,285 holders. The Holders section on this page shows who they are by holder type.
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