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Solana · Smart Contract Security · Updated Jul 24, 2026

Is Metaplex Safe? MPLX

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

Contract METAew…Y18m DexScreener ↗
High Risk How is this score calculated? →
Volume 24h
$74.1K
Liquidity
$1.55M
Price
$0.02501
Token Age
8mo
Top 10 Holders
68.7%

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 2370

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

Audit Summary

The Metaplex Token (MPLX) mint retains an active mint authority, allowing for unlimited new token creation and potential dilution of existing holders. Additionally, the token's metadata is mutable, enabling changes to its name, symbol, or image post-launch. Holder distribution data was unavailable from chain-native RPC, preventing a full assessment of supply concentration risk.

Final Recommendation: Before engaging with this token, verify on-chain that the mint authority has been permanently revoked to prevent future supply dilution. Monitor the token's metadata for any unexpected changes to its branding. Due to the unavailability of holder distribution data, exercise caution regarding potential market manipulation from concentrated holdings. Consider the implications of the mutable metadata for long-term trust in the token's identity.

Category Ratings

TechnicalMedium
4/10

The Metaplex Token (MPLX) is an SPL token operating under the `spl-token` program. A critical risk is present as the mint authority, `BHkk3RTd4Ue6JnqXpa9QHTXbn575ycR8hxVmYx4E254k`, remains active, enabling the creation of new tokens. Conversely, the freeze authority has been revoked, preventing any

GovernanceHigh
1/10

The token exhibits a healthy liquidity of $1,705,177 USD and a normal 24-hour volume to liquidity ratio of 0.05, suggesting organic trading activity rather than wash trading. The DEX pair has been active for 262 days, providing a reasonable track record. However, holder concentration data was unavai

UpgradesMedium
4/10

The mint authority for MPLX is still active, which allows for potential future changes to the token's total supply. In contrast, the freeze authority has been permanently revoked, ensuring that no further changes can be made to account freezing capabilities. The token's metadata, including

What Raised This Score

7 factors

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 Findings

2 total
1 Critical 1 Low
C-01CriticalUnresolved

Mint Authority Not Revoked

The mint authority is BHkk3RTd4Ue6JnqXpa9QHTXbn575ycR8hxVmYx4E254k. The holder of this key can mint unlimited new tokens, diluting all current holders to zero value.

Recommendation: Verify on-chain that the mint authority is set to null before treating supply as fixed.
L-01LowUnresolved

Mutable Metadata

Token name, symbol, or image can be changed post-launch, as indicated by `metadata_mutable: True`.

Recommendation: Verify metadata against off-chain expectations before trusting branding.

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