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

Is MOVN Safe?

BNB Chain
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Last checked Nov 2, 2026 · 1 audit on record
SummaryAI Copilot

The MOVN token is a standard ERC-20 implementation with added administrative controls for pausing, blacklisting, and minting.

Read the full analysis
What raised the score
  • Hidden owner — control survives an apparent renounce
  • Owner can pause all transfers; held by manager: EOA
  • Owner can blacklist or freeze individual holders; held by manager: EOA
  • Mintable supply — no cap found, dilution unbounded
  • Liquidity not locked
  • Liquidity < $10k
  • Top-10 concentration > 30%
Exact factors
  • Hidden owner — control survives an apparent renounce
  • Owner can pause all transfers; held by manager: EOA
  • Owner can blacklist or freeze individual holders; held by manager: EOA
  • Mintable supply — no cap found, dilution unbounded
  • Liquidity NOT locked (100% of the pool; this pool is 96% of DEX liquidity) — held by independent providers — market-depth risk
  • Liquidity < $10k ($8,797 across 2 pairs — easily drained)
  • Top-10 concentration > 30% (100.0% total → 41.9% effective; 3.3% in EOAs, 96.7% in contracts; deployer/owner holds 96.5%)

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 · Nov 24 of 7 checks passed
Contract verifiedVerified
OwnershipRetained
MintMintable
Liquidity lockNot locked
UpgradeabilityFixed code
HoneypotNone found
Buy / sell tax0% / 0%

Holders

as of audit · Nov 2, 202619,983 holders
96.7%Contracts3.3%
96.7%Contracts3.3%
ContractsWalletsBubble area = share of supply
100.0%of supply sits with the top 10 holders
  • Contractstreasury, vesting, bridge, staking96.7%
  • Walletsanonymous holders, free to sell3.3%
Effective concentrationwhat the score reads41.9%
How holder types affect the score

Share held by contracts — treasury, vesting, bridge or staking — is discounted against share held by wallets when the score is computed: a contract cannot decide to sell the way an anonymous holder can, though it can still be drained or voted to sell. Effective concentration is the figure the risk score is actually calculated from.

Holder balances as recorded by the audit of Nov 2, 2026

Liquidity

as of audit · Nov 2$8.8K across 2 pairs

The risk score reads depth across every pair.

LP tokensNot locked

The LP tokens of the analysed pool are not locked or burned, so whoever holds them can withdraw that liquidity.

Analysed pool$8.5KShare of depth96.3%
Top-1 Unlocked Holder99.9%
Top-3 Unlocked100.0%
Unlocked LP held by
0x46c9…43730xc8cf…31cd0x0c38…ebc4

No privileged address appears among these holders: the unlocked liquidity sits with independent providers, not with the deployer.

Security Findings

1 High5 Medium2 Info
High

Who holds the supply

The ten largest holders own 100.0% of supply. What remains: 3.3% in wallets, 96.7% in other contracts. The deployer/owner wallet itself holds 96.5%. A holder that also controls the contract can sell into its own liquidity. 19,983 holders in total.QA-HOLDERS

Issue

The ten largest holders own 100.0% of supply. What remains: 3.3% in wallets, 96.7% in other contracts. The deployer/owner wallet itself holds 96.5%. A holder that also controls the contract can sell into its own liquidity. 19,983 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

Medium

Centralized Minting Authority

The owner can call the mint function to increase the total supply of tokens, which can dilute the value of existing holdings.CP-01

Issue

The owner can call the mint function to increase the total supply of tokens, which can dilute the value of existing holdings.

Fix

Implement a timelock or a hard cap on total supply to limit the impact of potential administrative abuse.

Status

Unresolved

Medium

Emergency Pause Capability

The manager can pause all token transfers, effectively freezing the market for all users during an emergency or at their discretion.CP-04

Issue

The manager can pause all token transfers, effectively freezing the market for all users during an emergency or at their discretion.

Fix

Restrict the pause functionality to specific emergency scenarios and provide clear communication to users when active.

Status

Unresolved

Medium

Address Blacklisting

The manager can add specific addresses to a blacklist, preventing those holders from transferring or selling their tokens.CP-06

Issue

The manager can add specific addresses to a blacklist, preventing those holders from transferring or selling their tokens.

Fix

Limit the use of blacklisting to regulatory compliance requirements only and ensure the process is transparent.

Status

Unresolved

Medium

Liquidity not locked

0.0% of the pool's LP is burned or time-locked. 100.0% is held, unlocked, by 1 address(es) other than the owner/deployer. One of them — a wallet, 0x46c9…4373 — holds 99.9% and can remove that share at once; who controls it is not visible on-chain, so it is not treated as an independent provider. Some pools are concentrated-liquidity (V3/V4) positions; shares above are by position as GoPlus reports them.QA-LIQUIDITY

Issue

0.0% of the pool's LP is burned or time-locked. 100.0% is held, unlocked, by 1 address(es) other than the owner/deployer. One of them — a wallet, 0x46c9…4373 — holds 99.9% and can remove that share at once; who controls it is not visible on-chain, so it is not treated as an independent provider. Some pools are concentrated-liquidity (V3/V4) positions; shares above are by position as GoPlus reports them.

Fix

Check the lock's end date and beneficiary on the locker's own page before relying on it.

Status

Acknowledged

Medium

The market for this token

Liquidity $9K (DexScreener, all pools). 24h trading volume $45K (DexScreener, all pools).QA-MARKET

Issue

Liquidity $9K (DexScreener, all pools). 24h trading volume $45K (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

Not listed by any independent source

19,983 holders. Not listed by CoinGecko or any exchange GoPlus tracks. Nothing independent confirms who is behind this token, so every power its contract grants is scored at face value.QA-IDENTITY

Issue

19,983 holders. Not listed by CoinGecko or any exchange GoPlus tracks. Nothing independent confirms who is behind this token, so every power its contract grants is scored at face value.

Fix

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

Status

Acknowledged

Info

Asset class: Project token

A token issued by a project for use, governance or fundraising. Scored on its contract and market facts. The class itself adds no points; the contract and market facts decide the score. Basis: no class-specific evidence. Tokenomics — Supply: mintable with no on-chain cap found. Control: a 2-of-3 multisig. Code: not upgradeable (no proxy). Fees: no buy or sell tax. Market: $9K of DEX liquidity across 2 pools. Launch: 101 days of market history.QA-PROFILE

Issue

A token issued by a project for use, governance or fundraising. Scored on its contract and market facts. The class itself adds no points; the contract and market facts decide the score. Basis: no class-specific evidence. Tokenomics — Supply: mintable with no on-chain cap found. Control: a 2-of-3 multisig. Code: not upgradeable (no proxy). Fees: no buy or sell tax. Market: $9K of DEX liquidity across 2 pools. Launch: 101 days of market history.

Fix

Check the project's own documentation for what the token is used for; this report covers what the contract allows.

Status

Acknowledged

Analysis

AI Copilotas of audit · Nov 2
Executive SummaryWhat the contract is and what the review found

The MOVN token is a standard ERC-20 implementation with added administrative controls for pausing, blacklisting, and minting. While the code follows standard OpenZeppelin patterns, the centralized control over token supply and transferability introduces significant trust requirements for holders. 7.1 Architecture: Standard ERC-20 with administrative extensions. 7.2 Code Security: Implementation is clean and follows best practices. 7.3 Access Control: Centralized via Owner and Manager roles. 7.4 Economic: Inflationary risk exists due to minting capabilities. 7.5 Governance: Controlled by a 2/3 multisig. 7.6 External: No external dependencies. 7.7 Upgrades: Not upgradeable. 7.8 Operations: Manager role allows for emergency pausing and blacklisting.

Technical6/10Medium risk

The contract utilizes standard OpenZeppelin libraries for ERC-20 and Pausable functionality. The code is modular and readable, with clear separation between standard token logic and administrative overrides. No reentrancy or overflow vulnerabilities were identified in the core transfer logic.

Governance1/10High risk

The protocol relies on a 2/3 multisig wallet to manage sensitive functions, providing a layer of protection against single-key compromise. However, the ability to mint tokens and blacklist addresses gives the administrators total control over the token's economic state. Holders should be aware that their ability to trade is subject to the manager's discretion.

Upgrades4/10Medium risk

The contract is not upgradeable, meaning the logic is immutable once deployed. This eliminates risks associated with proxy implementation errors or malicious logic updates. The current state is fixed and transparent to all users.

Final RecommendationWhat to do about this score

The protocol should consider implementing a timelock for sensitive administrative actions like minting to provide transparency to the community.

Additionally, clear documentation regarding the criteria for blacklisting addresses should be published to maintain trust with token holders.

Contract & Record

1 audit on record
TypeToken
NetworkBNB Chain
Token age3mo
Contract0x200b…0274
Deployer0xd5fe…a878
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Audit History
  1. Nov 2, 202678High

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

Frequently Asked Questions

What is the MOVN contract address?

The MOVN contract on BNB Chain is 0x200b63aa750c901892d4dcf82439860f9c270274. Compare it with the address the project itself publishes before trading: other contracts can carry the same name and ticker.

Is MOVN a scam?

Quantum Audit's risk score for MOVN is 78/100 (High risk) as of Nov 2, 2026, computed by a deterministic function from on-chain facts — Contract verified: Verified; Ownership: Retained; Mint: Mintable; Liquidity lock: Not locked; 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.

Is MOVN liquidity locked?

Liquidity lock: Not locked (as of Nov 2, 2026). Total DEX liquidity: $8.8K.

Who holds MOVN?

As of Nov 2, 2026, the 10 largest holders own 100.0% of the supply across 19,983 holders. The Holders section on this page shows who they are by holder type.

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