Is Martians 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 Martians token is implemented using the classic Solana SPL Token Program (v3). Both the mint authority and freeze authority have been revoked, ensuring no new tokens can be minted and no accounts can be frozen post-launch. The token does not utilize any of the Token-2022 extensions that could introduce mutable state or special transfer logic, such as balance mutability, transfer hooks, or default frozen accounts.

GovernanceHigh2/10

The token exhibits moderate holder concentration, with the top 10 accounts holding 30.3% of the total supply, which is below thresholds for high concentration risk. Total DEX liquidity stands at $68,479, supporting moderate trading activity. The 24-hour volume of $163,530 results in a healthy Volume/Liquidity ratio of 2.39, indicating organic trading without signs of wash trading. The DEX pair has been active for 28 days, providing a reasonable track record.

UpgradesMedium5/10

The Martians token mint is configured with a high degree of immutability. Both the mint and freeze authorities have been permanently revoked, preventing any future changes to the token's supply or account freeze status. Furthermore, the token's metadata, including its name and symbol, is immutable, as confirmed by `metadata_mutable: False`. This configuration ensures the token's core parameters cannot be altered post-deployment.

Security Checklist

1/4 checks passed

Contract VerifiedFail

No Mint Function?

Liquidity LockedFail

Not a ProxyPass

HoneypotNoneBuy Tax0.0%Sell Tax0.0%

Liquidity Depth

$66.2K across 3 pairs

PumpswapSOLanalysed$64.8K Meteora DLMMSOL$1.1K Meteora DLMMSOL$272

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

6 factors

Ownership status UNKNOWN (owner could not be resolved)
Mint capability UNKNOWN (implementation ABI unreadable)
Contract source NOT verified
Top-10 concentration > 30% (31.9% total → 31.9% effective; 31.9% in EOAs, 0.0% in contracts — moderate)
Liquidity NOT locked (owner can withdraw — rug-pull risk)
Token age < 30 days (still settling)

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 Martians Safe?