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.

On-chain security analysis — is it a scam or legit?
Is Monad Safe?
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 →The Monad (MON) token mint retains an active mint authority, posing a significant risk of supply inflation.
Read the full analysis- 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 24Holders
as of audit · Oct 24, 2026- 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- Orca wpSOLAnalysed$94.6K57.9%
- Orca wpUSDC$30.3K18.6%
- Meteora DLMMSOL$12.3K7.5%
- Meteora DLMMUSDC$5.9K3.6%
- Raydium CPMMMONCAT$5.4K3.3%
- Raydium CPMMMONCAT$4.1K2.5%
Show 4 more pairs
The 20 remaining pairs hold $854 between them and are not listed. The risk score reads depth across every pair.
Whether the LP tokens are locked could not be determined.
Security Findings
CriticalMint 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
MediumMutable 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
LowFlagged 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
InfoWho 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
InfoListed, 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
InfoThe 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
InfoWhat 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
InfoAsset 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 24The 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.
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.
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.
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
Free for any token on the record. It links to this page and always shows the current score and the date it was checked.
- 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.
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