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

Is Mert The Pooh Safe?

MERTSolana
Not verified This record has not gone through deep verification and is not being monitored. The score is a dated snapshot — the token’s risk can change at any time.Own this token? Put it under verification →
Last checked Sep 22, 2026 · 2 audits on record
SummaryAI Copilot

This SPL Token Mint, 'Mert The Pooh (Mert)', has been flagged as high-risk by an independent third-party risk registry due to the creator's history of rugged tokens.

Read the full analysis
What raised the score
  • Top-10 concentration > 50%
  • Liquidity < $50k
  • 1 Critical finding(s) from audit
Exact factors
  • Top-10 concentration > 50% (56.3% total → 56.3% effective; 56.3% in EOAs, 0.0% in contracts — heavy)
  • Liquidity < $50k ($16,990 across 1 pairs — thin market)
  • 1 Critical finding(s) from audit

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

Security Checklist

as of audit · Sep 226 of 6 checks passed
Contract verifiedVerified
MintNo mint
Liquidity lockLocked
UpgradeabilityFixed code
HoneypotNone found
Buy / sell tax0% / 0%

Holders

as of audit · Sep 22, 2026
56.3%Top 10 holders43.7%Everyone else
56.3%Top 10 holders43.7%Everyone else
Top 10 holdersEveryone elseBubble area = share of supply
56.3%of supply sits with the top 10 holders
  • Top 10 holdersthe ten largest balances56.3%
  • Everyone elsethe rest of the supply43.7%

Holder balances as recorded by the audit of Sep 22, 2026

Liquidity

as of audit · Sep 22$17.0K

The risk score reads depth across every pair.

LP tokensLocked

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

Analysed pool$17.0KShare of depth100.0%

Security Findings

1 Critical
Critical

Flagged High-Risk by Third-Party Registry

An independent third-party risk registry classifies this token as high-risk based on its own dataset, specifically citing a creator history of rugged tokens. This information is derived from 'Third-party risk registry signals: Creator history of rugged tokens'.C-01

Issue

An independent third-party risk registry classifies this token as high-risk based on its own dataset, specifically citing a creator history of rugged tokens. This information is derived from 'Third-party risk registry signals: Creator history of rugged tokens'.

Fix

Do not interact with this token.

Status

Unresolved

Analysis

AI Copilotas of audit · Sep 22
Executive SummaryWhat the contract is and what the review found

This SPL Token Mint, 'Mert The Pooh (Mert)', has been flagged as high-risk by an independent third-party risk registry due to the creator's history of rugged tokens. While the mint authority and freeze authority are revoked, indicating a fixed supply and unfreezable accounts, this external warning is a critical concern. Chain-native RPC data for holder distribution was unavailable, but a third-party source indicates top 10 holders control 49.86% of the supply.

Technical8/10Low risk

The Mert The Pooh token is implemented using the spl-token-2022 program. Both the Mint Authority and Freeze Authority are revoked, meaning no new tokens can be minted and no existing accounts can be frozen. The token does not utilize a Transfer Hook, nor is the Default Account State Frozen, ensuring standard transfer behavior and account creation. No balance mutation authority is present.

Governance6/10Medium risk

The token exhibits a liquidity of $22,581 with a 24-hour volume of $130,277, resulting in a Volume/Liquidity Ratio of 5.77. The DEX pair has been active for 132 days. While chain-native RPC data for holder distribution was unavailable, external security signals indicate that the top 10 token accounts hold 49.86% of the supply, which does not trigger high concentration warnings.

Upgrades9/10Low risk

The token's mint and freeze authorities are both revoked, preventing any further changes to the token's supply or account freeze status. Metadata is immutable, meaning the token's name, symbol, or image cannot be altered post-launch. Furthermore, extensions like transfer fees and transfer hooks are not upgradable, ensuring stability in the token's core functionality.

Final RecommendationWhat to do about this score

Given the critical flag from an independent third-party risk registry, it is strongly recommended to avoid any interaction with this token.

This external signal, indicating a creator history of rugged tokens, outweighs the positive technical configuration of the mint. Users should verify the current status of the third-party risk registry flag before considering any engagement with this token.

Contract & Record

2 audits on record
TypeSPL Token-2022
NetworkSolana
Token age4mo
ContractGQcNte…pump
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Audit History
  1. Sep 22, 202634Low
  2. Sep 5, 202664Medium

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

Frequently Asked Questions

What is the MERT contract address?

The Mert The Pooh (MERT) contract on Solana is GQcNteQ3CeHgFghixJGzEnJNvKyMPykWbmLES5HSpump. Compare it with the address the project itself publishes before trading: other contracts can carry the same name and ticker.

Is Mert The Pooh a scam?

Quantum Audit's risk score for Mert The Pooh is 34/100 (Low risk) as of Sep 22, 2026, computed by a deterministic function from on-chain facts — Contract verified: Verified; Mint: No mint; Liquidity lock: Locked; Upgradeability: Fixed code; Honeypot: None found; Buy / sell tax: 0% / 0%. A score is a dated snapshot of those facts, not a guarantee; each one is listed on this page.

Is MERT liquidity locked?

Liquidity lock: Locked (as of Sep 22, 2026). Total DEX liquidity: $17.0K.

Who holds MERT?

As of Sep 22, 2026, the 10 largest holders own 56.3% of the supply. The Holders section on this page shows who they are by holder type.

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