On-chain security analysis — is it a scam or legit?
BNB ChainThe BridgeToken contract is a standard ERC-20 implementation utilizing a Beacon proxy pattern.
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.
The LP tokens of the analysed pool are not locked or burned, so whoever holds them can withdraw that liquidity.
0xf949…02980x9d56…e0ee0x734c…139a0x9626…5bc30x1569…a9480xa395…f4570x3282…c7f00xf32c…58b2No privileged address appears among these holders: the unlocked liquidity sits with independent providers, not with the deployer.
0.0% of the pool's LP is burned or time-locked. 100.0% is held, unlocked, by 8 address(es) other than the owner/deployer. One of them — a wallet, 0xf949…0298 — holds 90.1% 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. This assessment covers the main pool, which holds 91% of the token's DEX liquidity; the other pools were not assessed.
Check the lock's end date and beneficiary on the locker's own page before relying on it.
Acknowledged
The contract lets its controller — a contract — mint new supply. Nothing independent vouches for whoever holds them, so each is a live risk to holders.
Check who holds these powers and whether a timelock or multisig stands between them and holders.
Acknowledged
The verified source code was reviewed and no issue rising to Informational severity or above was identified. This is a statement about the code that was read, not a guarantee: the review covers the published source only. Fact-layer checks (mint/owner authority, mint capability, holder concentration) were applied separately and feed the risk score.
Re-check after any contract upgrade or ownership change, both of which can alter behaviour without changing this page.
Acknowledged
The ten largest holders own 96.3% of supply. Of that, 0.8% in DEX pools — not holders that can sell, so excluded from the concentration score. What remains: 12.2% in wallets, 83.3% in other contracts. 5,764 holders in total.
Watch the largest wallets that are not exchanges, pools or locks — those are the ones that can move the price.
Acknowledged
Listed on CoinGecko as Forest Protocol (FOREST), market cap $2M, rank #2563. 5,764 holders.
Match the contract address against the project's official channels before trading.
Acknowledged
Liquidity $401K (DexScreener, all pools). 24h trading volume $147K (CoinGecko, all markets, daily snapshot). 24h trading volume $1.4M (DexScreener, all pools). CoinGecko's record for this coin: all-time high $0.246 on 2026-05-10; the price is now 92.3949% below it.
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 contract. Code: upgradeable proxy. Fees: no buy or sell tax. Market: $401K of DEX liquidity across 7 pools. Launch: 417 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 BridgeToken contract is a standard ERC-20 implementation utilizing a Beacon proxy pattern. The contract provides core token functionality with centralized administrative control over minting and metadata updates. No critical vulnerabilities were identified in the provided code map.
The architecture follows a standard Beacon proxy pattern, ensuring consistent implementation across multiple instances. 7.1 Architecture and 7.2 Code Security are robust, utilizing standard OpenZeppelin-like patterns for ERC-20 compliance. 7.3 Access Control is strictly enforced via the onlyOwner modifier on sensitive functions like mint and updateDetails. 7.6 External interactions are limited to standard token operations, minimizing attack surface.
7.4 Economic and 7.5 Governance risks are centered on the centralized owner address, which is currently an external contract. The owner has the authority to mint new tokens, which directly impacts the circulating supply and token value. 7.8 Operations are dependent on the owner's security posture to prevent unauthorized minting or metadata manipulation.
7.7 Upgrades are managed via a Beacon proxy, which is a secure and standard approach for multi-contract deployments. This allows for efficient implementation updates while maintaining state consistency. The upgrade mechanism is well-isolated from the core token logic.
The protocol should ensure that the owner address (currently an external contract) is secured by a multi-signature wallet or a decentralized governance contract to mitigate the risk of single-point-of-failure.
Regular monitoring of the mint function is recommended to ensure supply changes remain within expected parameters.
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 Forest contract on BNB Chain is 0x11cf6bf6d87cb0eb9c294fd6cbfec91ee3a1a7d0. 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 Forest is 54/100 (Medium risk) as of Oct 21, 2026, computed by a deterministic function from on-chain facts — Contract verified: Verified; Ownership: Retained; Mint: Mintable; Liquidity lock: Not locked; Upgradeability: Upgradeable; 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 21, 2026). Total DEX liquidity: $400.5K.
As of Oct 21, 2026, the 10 largest holders own 96.3% of the supply across 5,764 holders. The Holders section on this page shows who they are by holder type.
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