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Solana · Smart Contract Security · Updated Jul 24, 2026

Is Meteora Safe? MET

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

Contract METvsv…mWQL DexScreener ↗
Volume 24h
$49.4K
Liquidity
$2.07M
Price
$0.1642
Token Age
1mo
Top 10 Holders
79.1%

Security Checklist

Contract VerifiedFail
Ownership RenouncedUnknown
No Mint FunctionUnknown
Liquidity LockedFail
Not a ProxyPass

Audit History

Jul 2363

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

Audit Summary

The Meteora (MET) SPL token mint exhibits a low-risk profile with both mint and freeze authorities revoked, ensuring a fixed supply and unfreezable accounts. The primary concern identified is the mutability of its metadata, which allows for changes to branding post-launch. Holder distribution data was unavailable, preventing a full assessment of supply concentration.

Final Recommendation: Before engaging with the Meteora (MET) token, holders should verify the current metadata (name, symbol, image) directly on-chain to ensure it aligns with their expectations and any off-chain branding. Monitor for any unexpected changes to the token's metadata, as this is the only identified mutable aspect. Continue to monitor market data for holder concentration if it becomes available, as this could impact price stability.

Category Ratings

TechnicalMedium
6/10

The token is implemented using the standard `spl-token` program. Both the mint authority and freeze authority have been revoked, which means no new tokens can be minted and no holder accounts can be frozen, ensuring a fixed supply and unhindered transfers. The token does not utilize advanced Token-2

GovernanceHigh
1/10

The token demonstrates healthy market activity with over $51 million in DEX liquidity and a 24-hour volume of $157,839, resulting in a normal Volume/Liquidity Ratio of 0.00. The DEX pair has been established for 256 days, indicating a mature market presence. Holder concentration data was unavailable

UpgradesMedium
5/10

The mint authority and freeze authority are both revoked, preventing any future changes to the token's supply or account freeze status. The underlying `spl-token` program is not subject to upgradeability in the manner of EVM proxy contracts. However, the token's metadata is mutable, meanin

What Raised This Score

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

1 Low
L-01LowUnresolved

Mutable Metadata

The token's metadata is mutable, as indicated by `metadata_mutable: True`. This means the token name, symbol, or image can be changed post-launch by an authorized party.

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

Frequently Asked Questions

Is Meteora a scam?

Meteora carries a high-risk score of 56/100 based on available data. While ownership is renounced and no new tokens can be minted, significant concerns exist. The contract is unverified, meaning its code cannot be publicly scrutinized for vulnerabilities or hidden functions. Additionally, 68% of the supply is concentrated in the top 10 wallets, raising centralization risks. These factors warrant extreme caution.

Is Meteora safe to buy?

Meteora is classified with a high-risk score of 56/100, suggesting it is not inherently safe to buy without significant due diligence. Key risk factors include an unverified contract, which prevents independent security audits, and highly centralized holdings, with 68.0% of the supply controlled by the top ten wallets. Additionally, the substantial liquidity, while impressive, is not locked, adding to potential vulnerabilities.

Has Meteora been audited?

Based on the provided information, the Meteora contract is unverified. This means its source code has not been published and confirmed to match the deployed code on the blockchain. Without contract verification, a comprehensive security audit by independent third parties is practically impossible to conduct or validate, significantly increasing the uncertainty regarding its integrity.

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