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Is KingPad a Scam?

KINGSolana
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Last checked Oct 29, 2026 · 1 audit on recordNew Launch · 2d old
SummaryAI Copilot

KingPad (KING) is an SPL Token-2022 asset with both mint and freeze authorities successfully revoked.

Read the full analysis
What raised the score
  • Liquidity < $50k
  • Top-10 concentration > 30%
Exact factors
  • Liquidity < $50k ($16,211 across 2 pairs — thin market)
  • Top-10 concentration > 30% (56.3% total → 38.1% effective; 26.0% in EOAs, 30.3% in contracts)

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 (2d old). New tokens carry elevated risk — data may change rapidly. Always verify independently before investing.

Security Checklist

as of audit · Oct 296 of 6 checks passed
Contract verifiedVerified
MintNo mint
Liquidity lockLocked
UpgradeabilityFixed code
HoneypotNone found
Buy / sell tax0% / 0%

Holders

as of audit · Oct 29, 2026134 holders
30.3%Contracts26.0%Wallets43.7%Everyone else
30.3%Contracts26.0%Wallets43.7%Everyone else
ContractsWalletsEveryone elseBubble area = share of supply
56.3%of supply sits with the top 10 holders
  • Contractstreasury, vesting, bridge, staking30.3%
  • Walletsanonymous holders, free to sell26.0%
  • Everyone else124 holders43.7%
How holder types affect the score

Solana holder types come from the account itself: a program-derived account (no private key — vaults, vesting, pools) counts as a contract; anything else is a wallet. DEX pools are matched to the token's own pools and left out of the concentration the score reads.

Holder balances as recorded by the audit of Oct 29, 2026

Liquidity

as of audit · Oct 29$16.2K across 2 pairs

The risk score reads depth across every pair.

LP tokensLocked

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

Analysed pool$16.2KShare of depth100.0%
LP Locked100.0% · Raydium Lock

Security Findings

1 Medium1 Low7 Info
Medium

Holder Concentration > 50%

The ten largest holders that can sell hold 56.30% of the total supply. Coordinated sell-offs by these entities could cause significant price volatility.M-01

Issue

The ten largest holders that can sell hold 56.30% of the total supply. Coordinated sell-offs by these entities could cause significant price volatility.

Fix

Monitor top holder wallet activity for large divestment patterns.

Status

Unresolved

Low

Mutable Metadata

The token metadata (name, symbol, image) is mutable and can be changed by the current owner of the metadata authority.L-01

Issue

The token metadata (name, symbol, image) is mutable and can be changed by the current owner of the metadata authority.

Fix

Verify the token branding against official sources before interacting.

Status

Unresolved

Info

Who holds the supply

The ten largest holders own 56.3% of supply. What remains: 26.0% in wallets, 30.3% in other contracts. 134 holders in total.QA-HOLDERS

Issue

The ten largest holders own 56.3% of supply. What remains: 26.0% in wallets, 30.3% in other contracts. 134 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

134 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

134 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 locked with no expiry

100.0% of the pool's LP is burned or time-locked. 100.0% of the pool's liquidity is locked for good in Raydium's LP locker (Burn & Earn) — only its trading fees can be collected; no one can withdraw the liquidity.QA-LIQUIDITY

Issue

100.0% of the pool's LP is burned or time-locked. 100.0% of the pool's liquidity is locked for good in Raydium's LP locker (Burn & Earn) — only its trading fees can be collected; no one can withdraw the liquidity.

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 $16K (DexScreener, all pools). 24h trading volume $45K (DexScreener, all pools).QA-MARKET

Issue

Liquidity $16K (DexScreener, all pools). 24h trading volume $45K (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

What the token's controller can do

The contract lets its controller — nobody (ownership renounced) — change the token's name, symbol and image. Ownership is renounced, so nobody can use them now.QA-POWERS

Issue

The contract lets its controller — nobody (ownership renounced) — change the token's name, symbol and image. Ownership is renounced, so nobody can use them now.

Fix

Check who holds these powers and whether a timelock or multisig stands between them and holders.

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: fixed — the contract has no mint function. Control: nobody (ownership renounced). Code: not upgradeable (no proxy). Fees: no buy or sell tax. Market: $16K of DEX liquidity across 2 pools. Launch: 2 days 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: fixed — the contract has no mint function. Control: nobody (ownership renounced). Code: not upgradeable (no proxy). Fees: no buy or sell tax. Market: $16K of DEX liquidity across 2 pools. Launch: 2 days 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 — 2 days of market history

The token's oldest DEX pool is 2 days 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 2 days 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 29
Executive SummaryWhat the contract is and what the review found

KingPad (KING) is an SPL Token-2022 asset with both mint and freeze authorities successfully revoked. The liquidity is fully locked, and no adverse flags were reported by third-party registries. The primary risk factor is the mutable metadata and moderate holder concentration.

Technical10/10Low risk

The token utilizes the SPL Token-2022 program, ensuring robust standard compliance. 7.1 Architecture and 7.2 Code Security are verified through the native program's immutable logic. 7.3 Access Control is effectively secured as both mint and freeze authorities are revoked. 7.8 Operations are standard for a non-transfer-hooked token.

Governance8/10Low risk

7.4 Economic stability is supported by 100% locked liquidity, preventing rug-pull scenarios via pool withdrawal. 7.5 Governance is influenced by a 56.30% concentration among the top 10 holders, which may lead to price volatility. 7.6 External market data indicates healthy trading activity with a 2.96 volume/liquidity ratio.

Upgrades10/10Low risk

7.7 Upgrades are not applicable to SPL mints in the EVM sense; however, the token metadata remains mutable. This allows for potential changes to the token name or symbol. All other authority-related settings are permanently locked.

Final RecommendationWhat to do about this score

Investors should monitor the token metadata for unexpected changes given the mutable status.

While liquidity is locked, the holder concentration suggests that large sell orders from top wallets could significantly impact market price. Verify the current metadata on-chain before making significant trades. No further action is required regarding authority management as the mint is fully renounced.

Contract & Record

1 audit on record
TypeSPL Token-2022
NetworkSolana
Token age2d
ContractGMXf4j…2xsu
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Audit History
  1. Oct 29, 202627Low

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

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