Quantum Audit Logo
Launch App

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

Is Monad Safe?

MONSolana
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 Oct 24, 2026 · 1 audit on record
SummaryAI Copilot

The Monad (MON) token mint retains an active mint authority, posing a significant risk of supply inflation.

Read the full analysis
What raised the score
  • Mintable supply — no cap found, dilution unbounded
  • LP lock status UNKNOWN — the pool's LP could not be read; this pool is 58% of DEX liquidity
  • Top-10 concentration > 20%
Exact factors
  • Mintable supply — no cap found, dilution unbounded
  • LP lock status UNKNOWN — the pool's LP could not be read; this pool is 58% of DEX liquidity
  • Top-10 concentration > 20% (33.8% total → 21.6% effective; 19.3% in EOAs, 5.9% in contracts; 8.7% burned, locked or in pools excluded)

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 · Oct 244 of 6 checks passed
Contract verifiedVerified
MintMintable
Liquidity lockUnknown
UpgradeabilityFixed code
HoneypotNone found
Buy / sell tax0% / 0%

Holders

as of audit · Oct 24, 20268,726 holders
5.9%19.3%Wallets8.7%DEX pools66.2%Everyone else
5.9%19.3%Wallets8.7%66.2%Everyone else
ContractsWalletsDEX poolsEveryone elseBubble area = share of supply
33.8%of supply sits with the top 10 holders
  • Contractstreasury, vesting, bridge, staking5.9%
  • Walletsanonymous holders, free to sell19.3%
  • DEX poolsthe pools' own liquidity8.7%
  • Everyone else8,716 holders66.2%
How holder types affect the score

Solana holder types come from the account itself: a program-derived account (no private key — vaults, vesting, pools) counts as a contract; anything else is a wallet. DEX pools are matched to the token's own pools and left out of the concentration the score reads.

Holder balances as recorded by the audit of Oct 24, 2026

Liquidity

as of audit · Oct 24$163.3K across 30 pairs
LP tokensUnknown

Whether the LP tokens are locked could not be determined.

Analysed pool$94.6KShare of depth57.9%

Security Findings

1 Critical1 Medium1 Low5 Info
Critical

Mint Authority Not Revoked

The mint authority is GJF9Xw…9NX2. The holder of this key can mint unlimited new tokens, diluting all current holders to zero value.C-01

Issue

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

Fix

Verify on-chain that the mint authority is set to null before treating supply as fixed.

Status

Unresolved

Medium

Mutable Metadata

Token name, symbol, or image can be changed post-launch.M-01

Issue

Token name, symbol, or image can be changed post-launch.

Fix

Verify metadata against off-chain expectations before trusting branding.

Status

Unresolved

Low

Flagged High-Risk by Third-Party Registry

An independent third-party risk registry classifies this token as high-risk based on its own dataset.L-01

Issue

An independent third-party risk registry classifies this token as high-risk based on its own dataset.

Fix

Do not interact with this token.

Status

Unresolved

Info

Who holds the supply

The ten largest holders own 33.8% of supply. Of that, 8.7% in DEX pools — not holders that can sell, so excluded from the concentration score. What remains: 19.3% in wallets, 5.9% in other contracts. 8,726 holders in total.QA-HOLDERS

Issue

The ten largest holders own 33.8% of supply. Of that, 8.7% in DEX pools — not holders that can sell, so excluded from the concentration score. What remains: 19.3% in wallets, 5.9% in other contracts. 8,726 holders in total.

Fix

Watch the largest wallets that are not exchanges, pools or locks — those are the ones that can move the price.

Status

Acknowledged

Info

Listed, but not independently verified

Listed on CoinGecko as Wrapped MON (WMON), market cap $9M. 8,726 holders.QA-IDENTITY

Issue

Listed on CoinGecko as Wrapped MON (WMON), market cap $9M. 8,726 holders.

Fix

Match the contract address against the project's official channels before trading.

Status

Acknowledged

Info

The market for this token

Liquidity $163K (DexScreener, all pools). 24h trading volume $763K (CoinGecko, all markets, daily snapshot). 24h trading volume $867K (DexScreener, all pools).QA-MARKET

Issue

Liquidity $163K (DexScreener, all pools). 24h trading volume $763K (CoinGecko, all markets, daily snapshot). 24h trading volume $867K (DexScreener, all pools).

Fix

Size any position to the liquidity and daily volume shown — they set how much you can sell and at what price.

Status

Acknowledged

Info

What the token's controller can do

The contract lets its controller — nobody (ownership renounced) — mint new supply; change the token's name, symbol and image. Ownership is renounced, so nobody can use them now.QA-POWERS

Issue

The contract lets its controller — nobody (ownership renounced) — mint new supply; change the token's name, symbol and image. Ownership is renounced, so nobody can use them now.

Fix

Check who holds these powers and whether a timelock or multisig stands between them and holders.

Status

Acknowledged

Info

Asset class: Wrapped or bridged asset

A token representing another asset's units 1:1, backed by a wrapping contract, a custodian or a bridge. The class itself adds no points; the contract and market facts decide the score. Basis: CoinGecko category: Wrapped-Tokens. Tokenomics — Supply: mintable with no on-chain cap found. Control: nobody (ownership renounced). Code: not upgradeable (no proxy). Fees: no buy or sell tax. Market: $163K of DEX liquidity across 30 pools. Launch: 334 days of market history.QA-PROFILE

Issue

A token representing another asset's units 1:1, backed by a wrapping contract, a custodian or a bridge. The class itself adds no points; the contract and market facts decide the score. Basis: CoinGecko category: Wrapped-Tokens. Tokenomics — Supply: mintable with no on-chain cap found. Control: nobody (ownership renounced). Code: not upgradeable (no proxy). Fees: no buy or sell tax. Market: $163K of DEX liquidity across 30 pools. Launch: 334 days of market history.

Fix

The backing is the risk: check who holds the underlying asset and how redemption works.

Status

Acknowledged

Analysis

AI Copilotas of audit · Oct 24
Executive SummaryWhat the contract is and what the review found

The Monad (MON) token mint retains an active mint authority, posing a significant risk of supply inflation. While the freeze authority is revoked, the metadata remains mutable, allowing for potential branding changes. Third-party registry data confirms these risks, though no honeypot behavior was detected.

Technical6/10Medium risk

The token utilizes the standard SPL Token program (v3). 7.1 Architecture is standard for SPL mints. 7.3 Access Control is currently compromised by an active mint authority (). 7.8 Operations are stable with no transfer hooks or permanent delegates detected.

Governance6/10Medium risk

7.4 Economic metrics show a healthy liquidity of $176,796 with a 4.33 volume/liquidity ratio. 7.5 Governance is decentralized with the top 10 holders controlling 25.11% of the supply. 7.6 External data confirms the pair has been active for 334 days, indicating established market presence.

Upgrades6/10Medium risk

7.7 Upgrades are not applicable to SPL mints, but 7.3 Access Control remains a concern due to the mutable metadata. The token name and symbol can be altered by the current authority. No other upgradeable extensions are active.

Final RecommendationWhat to do about this score

Holders should monitor the mint authority address for potential revocation.

Verify the token metadata on-chain before performing large transactions to ensure the branding has not been altered. Investors should treat the token as potentially inflationary until the mint authority is set to null. No further on-chain actions are required for the freeze authority, as it is already revoked.

Contract & Record

1 audit on record
TypeSPL Token v3
NetworkSolana
Token age11mo
ContractCrAr4R…reP2
Badge for your website
Monad security record badge

Free for any token on the record. It links to this page and always shows the current score and the date it was checked.

Audit History
  1. Oct 24, 202667High

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

Frequently Asked Questions

What is the MON contract address?

The Monad (MON) contract on Solana is CrAr4RRJMBVwRsZtT62pEhfA9H5utymC2mVx8e7FreP2. Compare it with the address the project itself publishes before trading: other contracts can carry the same name and ticker.

Is Monad a scam?

Quantum Audit's risk score for Monad is 67/100 (High risk) as of Oct 24, 2026, computed by a deterministic function from on-chain facts — Contract verified: Verified; Mint: Mintable; 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.

Who holds MON?

As of Oct 24, 2026, the 10 largest holders own 33.8% of the supply across 8,726 holders. The Holders section on this page shows who they are by holder type.

Would You Like a More Detailed Audit of Monad?

Our AI-powered scanner gives you a deeper, real-time smart contract analysis — free, with every scoring factor shown.

Get Detailed Audit Is this your token? Publish your own audit on this page