On-chain security analysis — is it a scam or legit?
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0x8012…e888
The audit of the M87 contract is severely limited as the source code for the main contract (M87) was not provided, only its interfaces and a utility library. This prevents any meaningful technical security analysis. Based on available metadata, significant economic and governance risks are identified, including centralized control by an EOA and unlocked liquidity pools. Users are strongly advised against interacting with this contract without full source code verification and a comprehensive audit.
Share held by contracts — treasury, vesting, bridge or staking — is discounted against share held by wallets when the score is computed: a contract cannot decide to sell the way an anonymous holder can, though it can still be drained or voted to sell. Effective concentration is the figure the risk score is actually calculated from.
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.
0x962c…ebb30xae1d…f19f0xb3ac…68a00x0000…8a90No privileged address appears among these holders: the unlocked liquidity sits with independent providers, not with the deployer.
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
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