Is Luigi Mangione (LUIGI) 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 LP lock/burn state, 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 LP lock/burn state, 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 Luigi Mangione (Luigi) token is an SPL token operating under the `spl-token` program (7.1 Architecture). Both the mint authority and freeze authority have been revoked (7.3 Access Control), indicating that no further tokens can be minted and no existing token accounts can be frozen by an external authority. The token is not configured with extensions like permanent delegate, transfer hook, or default account state frozen, as confirmed by `balance_mutable: False`, `freezable: False`, and `default_account_state_frozen: False` (7.2 Code Security).

GovernanceHigh2/10

The token exhibits a holder concentration where the top 10 accounts hold 32.19% of the total supply (7.5 Governance), which is below the threshold for high concentration. Total DEX liquidity stands at $132,911, which is moderate (7.4 Economic). The 24-hour volume of $870,044 results in a Volume/Liquidity Ratio of 6.55, suggesting active trading relative to available liquidity. The DEX pair has been active for 613 days, providing a substantial track record (7.4 Economic).

UpgradesMedium5/10

The token's mint authority and freeze authority are both revoked, meaning no further administrative actions like minting new tokens or freezing accounts can be performed (7.7 Upgrades). Metadata mutability is set to `False`, ensuring that the token's name, symbol, or image cannot be altered post-launch. The token does not utilize Token-2022 specific upgradeable features like `transfer_fee_upgradable` or `transfer_hook_upgradable`, indicating a fixed configuration for these aspects (7.7 Upgrades).

Security Checklist

1/4 checks passed

Contract VerifiedFail

No Mint Function?

Liquidity LockedFail

Not a ProxyPass

Liquidity Depth

$127.6K across 2 pairs

RaydiumSOLanalysed$124.0K Meteora DYN2SOL$3.6K

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.

LP Distribution

LP Burned100.0% · ≈ permanent lock

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% (43.1% total → 43.1% effective; 43.1% 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 Luigi Mangione Safe?