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Early-stage security check — honeypot & rug-pull analysis

Is FLY a Scam?

BNB Chain
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Last checked Oct 31, 2026 · 1 audit on recordNew Launch · 15h old
SummaryAI Copilot

The GangMintToken is an ERC-20 compliant token with centralized administrative controls managed by a 'launchpad' address.

Read the full analysis
What raised the score
  • Owner can change any holder's balance
  • Hidden owner — control survives an apparent renounce; held by launchpad: Multisig
  • Owner can pause all transfers; held by launchpad: Multisig
  • Mintable supply — no cap found, dilution unbounded; held by launchpad: Multisig
  • Ownership status UNKNOWN
  • Liquidity < $50k
  • Top-10 concentration > 20%
Exact factors
  • Owner can change any holder's balance (seize or credit tokens); held by launchpad: Multisig
  • Hidden owner — control survives an apparent renounce; held by launchpad: Multisig
  • Owner can pause all transfers; held by launchpad: Multisig
  • Mintable supply — no cap found, dilution unbounded; held by launchpad: Multisig
  • Ownership status UNKNOWN (owner could not be resolved)
  • Liquidity < $50k ($27,455 across 1 pairs — thin market)
  • Top-10 concentration > 20% (76.2% total → 21.6% effective; 21.6% in EOAs, 0.0% in contracts; 54.6% burned, locked or in pools excluded)

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

Early-stage analysis. This token has limited on-chain history (15h old). New tokens carry elevated risk — data may change rapidly. Always verify independently before investing.

Security Checklist

as of audit · Oct 314 of 7 checks passed
Contract verifiedVerified
OwnershipUnknown
MintMintable
Liquidity lockLocked
UpgradeabilityFixed code
HoneypotNone found
Buy / sell tax1% / 2%

Holders

as of audit · Oct 31, 2026270 holders
21.6%Wallets54.6%DEX pools23.8%Everyone else
21.6%Wallets54.6%DEX pools23.8%Everyone else
WalletsDEX poolsEveryone elseBubble area = share of supply
76.2%of supply sits with the top 10 holders
  • Walletsanonymous holders, free to sell21.6%
  • DEX poolsthe pools' own liquidity54.6%
  • Everyone else260 holders23.8%
Effective concentrationwhat the score reads21.6%
How holder types affect the score

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 31, 2026

Liquidity

as of audit · Oct 31$27.5K

The risk score reads depth across every pair.

LP tokensLocked

The LP tokens of the analysed pool are locked or burned.

Analysed pool$27.5KShare of depth100.0%
LP Burned99.6% · ≈ permanent lock
LP Locked99.6% · Null Address
Unlocked LP held by
0x0ed9…9706

No privileged address appears among these holders: the unlocked liquidity sits with independent providers, not with the deployer.

Security Findings

1 Medium6 Info
Medium

Centralized Minting and Reclaim Authority

The 'launchpad' address has the authority to call 'padMint', 'reclaim', and 'pullFor'. These functions allow the controller to mint new tokens, increasing the total supply and diluting existing holders, or to force transfers of tokens from user wallets to the launchpad address.CP-01

Issue

The 'launchpad' address has the authority to call 'padMint', 'reclaim', and 'pullFor'. These functions allow the controller to mint new tokens, increasing the total supply and diluting existing holders, or to force transfers of tokens from user wallets to the launchpad address.

Fix

Restrict the minting capability to a hard-coded maximum supply and consider removing the 'reclaim' and 'pullFor' functions if they are not strictly necessary for the protocol's long-term operation. If they must remain, ensure the 'launchpad' role is held by a secure, multi-signature contract.

Status

Unresolved

Info

Who holds the supply

The ten largest holders own 76.2% of supply. Of that, 54.6% in DEX pools — not holders that can sell, so excluded from the concentration score. What remains: 21.6% in wallets, 0.0% in other contracts. 270 holders in total.QA-HOLDERS

Issue

The ten largest holders own 76.2% of supply. Of that, 54.6% in DEX pools — not holders that can sell, so excluded from the concentration score. What remains: 21.6% in wallets, 0.0% in other contracts. 270 holders in total.

Fix

Watch the largest wallets that are not exchanges, pools or locks — those are the ones that can move the price.

Status

Acknowledged

Info

Not listed by any independent source

270 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.QA-IDENTITY

Issue

270 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.

Fix

Match the contract address against the project's official channels before trading.

Status

Acknowledged

Info

Liquidity burned — cannot be withdrawn

99.6% of the pool's LP is burned or time-locked. 99.6% of the LP tokens were sent to a burn address — that liquidity can never be withdrawn by anyone. 0.4% is held, unlocked, by 1 address(es) other than the owner/deployer. No single one holds a majority: their exits thin the market rather than hand anyone the pool.QA-LIQUIDITY

Issue

99.6% of the pool's LP is burned or time-locked. 99.6% of the LP tokens were sent to a burn address — that liquidity can never be withdrawn by anyone. 0.4% is held, unlocked, by 1 address(es) other than the owner/deployer. No single one holds a majority: their exits thin the market rather than hand anyone the pool.

Fix

Check the lock's end date and beneficiary on the locker's own page before relying on it.

Status

Acknowledged

Info

The market for this token

Liquidity $27K (DexScreener, all pools). 24h trading volume $182K (DexScreener, all pools).QA-MARKET

Issue

Liquidity $27K (DexScreener, all pools). 24h trading volume $182K (DexScreener, all pools).

Fix

Size any position to the liquidity and daily volume shown — they set how much you can sell and at what price.

Status

Acknowledged

Info

Asset class: Project token

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: an owner that could not be resolved. Code: not upgradeable (no proxy). Fees: 1% on buy, 2.01% on sell. Market: $27K of DEX liquidity across 1 pools. Launch: under a day of market history.QA-PROFILE

Issue

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: an owner that could not be resolved. Code: not upgradeable (no proxy). Fees: 1% on buy, 2.01% on sell. Market: $27K of DEX liquidity across 1 pools. Launch: under a day of market history.

Fix

Check the project's own documentation for what the token is used for; this report covers what the contract allows.

Status

Acknowledged

Info

Recently launched — less than a day of market history

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.QA-RECENT

Issue

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.

Fix

Re-check ownership, liquidity and holder distribution as the token matures; those are the facts that move early.

Status

Acknowledged

Analysis

AI Copilotas of audit · Oct 31
Executive SummaryWhat the contract is and what the review found

The GangMintToken is an ERC-20 compliant token with centralized administrative controls managed by a 'launchpad' address. The contract includes mechanisms for minting, reclaiming tokens, and setting liquidity pair rules. While the code follows standard ERC-20 patterns, the high level of centralization poses a risk to token holders if the launchpad address is compromised or acts maliciously.

Technical8/10Low risk

The contract implements standard ERC-20 functionality with clean, modular code. 7.1 Architecture is straightforward, utilizing standard OpenZeppelin-like patterns. 7.2 Code Security is high, with no obvious reentrancy or overflow vulnerabilities. 7.6 External dependencies are minimal, reducing the attack surface.

Governance3/10High risk

7.4 Economic and 7.5 Governance aspects are centralized under the 'launchpad' role. This role has the power to mint tokens and manipulate transfer flows, which directly impacts token value. While this allows for controlled launches, it creates a single point of failure for economic stability.

Upgrades4/10Medium risk

7.7 Upgrades are not supported as the contract is not a proxy. The logic is immutable, which provides certainty for users regarding the token's behavior. 7.8 Operations are limited to the defined privileged functions.

Final RecommendationWhat to do about this score

It is recommended to transition the 'launchpad' role to a multi-signature wallet or a decentralized governance contract to mitigate the risk of a single-point-of-failure.

Additionally, implementing a timelock on sensitive functions like 'padMint' would provide transparency and protection for token holders against sudden supply changes.

Contract & Record

1 audit on record
TypeGangMintToken
NetworkBNB Chain
Token age15h
Contract0xcd41…2c99
Deployer0x359c…e9e0
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Audit History
  1. Oct 31, 202658Medium

Score changes are recorded as dated snapshots — history is append-only and cannot be edited.

Frequently Asked Questions

What is the FLY contract address?

The FLY contract on BNB Chain is 0xcd412f1a25875bbb03b56018905695d930542c99. Compare it with the address the project itself publishes before trading: other contracts can carry the same name and ticker.

Is FLY a scam?

Quantum Audit's risk score for FLY is 58/100 (Medium risk) as of Oct 31, 2026, computed by a deterministic function from on-chain facts — Contract verified: Verified; Mint: Mintable; Liquidity lock: Locked; Upgradeability: Fixed code; Honeypot: None found; Buy / sell tax: 1% / 2%. A score is a dated snapshot of those facts, not a guarantee; each one is listed on this page.

Is FLY liquidity locked?

Liquidity lock: Locked (as of Oct 31, 2026). Total DEX liquidity: $27.5K.

Who holds FLY?

As of Oct 31, 2026, the 10 largest holders own 76.2% of the supply across 270 holders. The Holders section on this page shows who they are by holder type.

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