Is Loom Safe? Smart Contract Security Analysis

Security Findings

1 Info

Info

No code-level findings — an SPL mint exposes no auditable program source

I-01This token is an SPL token mint, not a deployed program: there is no contract source code on-chain for a line-by-line review, so no code-level vulnerability could be identified either way. The assessment on this page therefore rests on holder concentration, which are read directly from chain state and from third-party risk registries.

IssueThis token is an SPL token mint, not a deployed program: there is no contract source code on-chain for a line-by-line review, so no code-level vulnerability could be identified either way. The assessment on this page therefore rests on holder concentration, which are read directly from chain state and from third-party risk registries.

FixRead the risk score breakdown below as the substance of this audit. For a code-level review, the token would need an accompanying verified program.

StatusAcknowledged

Category Ratings

TechnicalMedium6/10

The Loom token is an SPL Token-2022 mint with a total supply of 999,634,079.085182 tokens (6 decimals). Crucially, both the mint authority and freeze authority have been revoked, preventing further token issuance or freezing of holder accounts. No Transfer Hook or Default Account State Frozen extensions are active, indicating standard token transfer behavior. The `balance_mutable` and `metadata_mutable` flags are also false, ensuring immutability of balances and token metadata.

GovernanceHigh2/10

Holder concentration is moderate, with the top 10 accounts holding 33.68% of the supply, which does not trigger high concentration warnings. The token has a liquidity of $50,321 USD and a 24-hour volume of $123,580 USD. The Volume/Liquidity Ratio is 2.46, which is considered normal and does not suggest wash trading. The DEX pair has been active for 35 days, providing a reasonable track record.

UpgradesMedium5/10

The Loom token mint exhibits strong immutability post-launch. Both the mint authority and freeze authority are permanently revoked, meaning no further changes can be made to the token's supply or account freeze status. Key Token-2022 extensions such as transfer hook and transfer fee are not active, and their upgradability flags are false. Furthermore, the `metadata_mutable` flag is false, ensuring that the token's name, symbol, and image cannot be altered.

Security Checklist

1/4 checks passed

Contract VerifiedFail

No Mint Function?

Liquidity LockedFail

Not a ProxyPass

Liquidity Depth

$52.7K across 3 pairs

PumpswapSOLanalysed$52.7K Meteora DYN2CSR$5 Meteora DYN2ANSEM$5

The risk score reads depth across every pair. The volume figure and the volume-to-liquidity ratio elsewhere on this page describe only the pair this audit analysed, so the two are not directly comparable.

What Raised This Score

5 factors

Ownership status UNKNOWN (owner could not be resolved)
Mint capability UNKNOWN (implementation ABI unreadable)
Contract source NOT verified
Top-10 concentration > 30% (44.8% total → 44.8% effective; 44.8% in EOAs, 0.0% in contracts — moderate)
Liquidity NOT locked (owner can withdraw — rug-pull risk)

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

Is Loom Safe?