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.
On-chain security analysis — is it a scam or legit?
Every audit run adds a dated snapshot — history is append-only and cannot be edited.
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.
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
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.
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.
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.
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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