Early-stage security check — honeypot & rug-pull analysis
The DERC20 contract is a standard ERC-20 implementation with integrated governance and vesting features.
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 21, 2026
The risk score reads depth across every pair.
Whether the LP tokens are locked could not be determined.
The owner has the ability to call updateMintRate and release, which can increase the total supply of the token. This allows the owner to dilute the holdings of existing token holders at their discretion.
Restrict the minting capability by implementing a hard cap on the total supply or requiring a governance vote for any minting operations.
Unresolved
The owner can use the lockPool and unlockPool functions to enable or disable token transfers. This grants the owner the power to effectively freeze user assets or restrict liquidity at will.
Remove the ability for the owner to arbitrarily lock transfers, or implement a decentralized mechanism that requires community consensus to trigger such restrictions.
Unresolved
The ten largest holders own 100.0% of supply. Of that, 3.7% burned — not holders that can sell, so excluded from the concentration score. What remains: 16.3% in wallets, 80.0% in other contracts. The deployer/owner wallet itself holds 16.3%. 2,007 holders in total.
Watch the largest wallets that are not exchanges, pools or locks — those are the ones that can move the price.
Acknowledged
2,007 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 $52K (DexScreener, all pools). 24h trading volume $117K (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: $52K 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 integrated governance and vesting features. While the code follows established OpenZeppelin standards, it grants significant centralized control to the owner, including the ability to mint tokens and halt transfers. The protocol exhibits strong architectural foundations but requires caution regarding the high level of administrative privilege.
The contract utilizes standard, battle-tested OpenZeppelin libraries for ERC-20, Votes, and Permit functionality. 7.1 Architecture is modular, and 7.2 Code Security is high due to the use of audited base contracts. 7.3 Access Control is implemented via Ownable, though it creates a single point of failure. 7.6 External dependencies are limited to standard libraries, minimizing integration risks.
7.4 Economic and 7.5 Governance aspects are heavily centralized under the owner. The owner has the authority to mint tokens and modify transfer rules, which directly impacts token holder value. While 7.8 Operations are transparent, the lack of a timelock or multi-signature requirement for these functions poses a risk to decentralization.
7.7 Upgrades are not applicable as the contract is not a proxy. The logic is immutable, which provides security against logic-swap attacks. However, this also means that any identified bugs cannot be patched without a migration to a new contract.
It is recommended to transition the ownership of the contract to a multi-signature wallet or a decentralized governance contract to mitigate the risks associated with centralized control.
Implementing a timelock on sensitive functions like updateMintRate and lockPool would provide token holders with sufficient notice before significant changes to the protocol's economic state occur.
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 Private Equity System (FPES) contract on Base is 0x60d9930ece50b27acae00bef80baccc6bcf1fd90. 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 Private Equity System is 55/100 (Medium risk) as of Oct 21, 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 21, 2026, the 10 largest holders own 100.0% of the supply across 2,007 holders. The Holders section on this page shows who they are by holder type.
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