Solana · Smart Contract Security · Updated Jul 24, 2026

Is Mad Coin Safe? $MAD

On-chain security analysis — is it a scam or legit?

Contract Fa7ZE9…pump DexScreener ↗

60 / 100

High Risk How is this score calculated? →

Volume 24h

$9.9K

Liquidity

$150.6K

Price

$0.003625

Token Age

4mo

Top 10 Holders

58.9%

Security Checklist

1/5 checks passed

Contract VerifiedFail

Ownership RenouncedUnknown

No Mint FunctionUnknown

Liquidity LockedFail

Not a ProxyPass

Audit History

2 audits on record

Jul 2360

Every audit run adds a dated snapshot — history is append-only and cannot be edited.

Audit Summary

The Mad Coin ($MAD) SPL Token Mint exhibits a low-risk profile with both mint and freeze authorities revoked, indicating a fixed supply and immutable account states. No high-severity issues were identified by deterministic rules. Holder distribution data was unavailable, preventing an assessment of supply concentration.

Final Recommendation: Holders should verify on-chain that the mint and freeze authorities remain revoked to ensure the token's fixed supply and unfreezable nature. Monitor for any future changes in liquidity or trading patterns, especially if holder distribution data becomes available. Always exercise caution and conduct independent due diligence before engaging with any token.

Category Ratings

TechnicalMedium

6/10

The Mad Coin ($MAD) token is implemented using the spl-token-2022 program. Both the mint authority and freeze authority have been revoked, ensuring no new tokens can be minted and no existing accounts can be frozen post-launch. No Token-2022 transfer hook or permanent delegate is configured, and def

GovernanceHigh

1/10

The token exhibits healthy liquidity at $184,980 USD, with a normal 24-hour volume to liquidity ratio of 0.12, suggesting organic trading activity. The DEX pair has been active for 153 days, providing a reasonable track record. Holder concentration data was unavailable, preventing an assessment of p

UpgradesMedium

5/10

The mint authority and freeze authority are both revoked, meaning the token's supply and account freeze status are immutable. No Token-2022 extensions like transfer hooks or permanent delegates are active that could introduce upgradeability or mutable behavior. Metadata mutability is also disab

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 > 50% (58.9% total → 58.9% effective; 58.9% in EOAs, 0.0% in contracts — heavy)
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

Frequently Asked Questions

Is Mad Coin a scam?

Based solely on the provided data, we cannot definitively label Mad Coin ($MAD) as an outright scam, but several high-risk indicators are present. Ownership is renounced and no mint function exists, which are positive signs against certain manipulations. However, the contract is unverified, liquidity is unlocked, and there's significant token concentration, pointing to substantial inherent risks that investors should be aware of.

Is Mad Coin safe to buy?

Mad Coin ($MAD) carries a high-risk score of 54/100, indicating it is not considered safe for investment without extreme caution. Key risk factors include the unverified contract, making its code inscrutable, and unlocked liquidity, which presents a rug pull vulnerability. Additionally, the highly concentrated token distribution among the top 10 holders allows for potential market manipulation. These factors suggest a high level of speculative risk.

Has Mad Coin been audited?

There is no information provided to suggest Mad Coin ($MAD) has undergone a formal security audit. More importantly, its contract is *not* verified on the blockchain. This means the smart contract's source code is not publicly available for review, making independent security audits or even basic investor scrutiny impossible. An unverified contract significantly increases risk and prevents auditing.