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

Is MPP32 Safe?

M32Solana
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 Sep 22, 2026 · 2 audits on record
SummaryAI Copilot

The MPP32 (M32) SPL Token Mint audit found no critical or high-severity issues based on the provided on-chain facts.

Read the full analysis
What raised the score
  • Top-10 concentration > 30%
Exact factors
  • Top-10 concentration > 30% (35.2% total → 35.2% effective; 35.2% in EOAs, 0.0% in contracts — moderate)

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 · Sep 226 of 6 checks passed
Contract verifiedVerified
MintNo mint
Liquidity lockLocked
UpgradeabilityFixed code
HoneypotNone found
Buy / sell tax0% / 0%

Holders

as of audit · Sep 22, 2026
35.2%Top 10 holders64.8%Everyone else
35.2%Top 10 holders64.8%Everyone else
Top 10 holdersEveryone elseBubble area = share of supply
35.2%of supply sits with the top 10 holders
  • Top 10 holdersthe ten largest balances35.2%
  • Everyone elsethe rest of the supply64.8%

Holder balances as recorded by the audit of Sep 22, 2026

Liquidity

as of audit · Sep 22$59.3K

The risk score reads depth across every pair.

LP tokensLocked

The LP tokens of the analysed pool are locked or burned.

Analysed pool$59.3KShare of depth100.0%

Security Findings

1 Info
Info

No code-level findings — an SPL mint exposes no auditable program source

This token is an SPL token mint, not a deployed program: there is no contract source code on-chain for a line-by-line review, so no code-level vulnerability could be identified either way. The assessment on this page therefore rests on mint/owner authority, mint capability, LP lock/burn state, holder concentration, which are read directly from chain state and from third-party risk registries.I-01

Issue

This token is an SPL token mint, not a deployed program: there is no contract source code on-chain for a line-by-line review, so no code-level vulnerability could be identified either way. The assessment on this page therefore rests on mint/owner authority, mint capability, LP lock/burn state, holder concentration, which are read directly from chain state and from third-party risk registries.

Fix

Read the risk score breakdown below as the substance of this audit. For a code-level review, the token would need an accompanying verified program.

Status

Acknowledged

Analysis

AI Copilotas of audit · Sep 22
Executive SummaryWhat the contract is and what the review found

The MPP32 (M32) SPL Token Mint audit found no critical or high-severity issues based on the provided on-chain facts. Both mint and freeze authorities are revoked, indicating a fixed supply and immutable account states. A third-party risk registry reported no adverse flags. While chain-native RPC holder distribution data was unavailable, an external security signal indicated a top 10 holder concentration of 30.94%.

Technical10/10Low risk

The MPP32 (M32) token is implemented using the spl-token-2022 program. Its mint authority is revoked, ensuring no new tokens can be created, fixing the total supply at 999,786,235,735,063 raw units with 6 decimals. The freeze authority is also revoked, preventing any individual token accounts from being frozen. No Token-2022 extensions like a transfer hook or default account state frozen are active, indicating standard token transfer behavior.

Governance9/10Low risk

The token exhibits moderate holder concentration, with the top 10 accounts holding 30.94% of the total supply, which does not indicate an immediate risk of market manipulation. Liquidity stands at $96,084 USD, which is sufficient for small to medium trades without severe slippage. The 24-hour volume of $100,275 USD results in a healthy Volume/Liquidity Ratio of 1.04, showing organic trading activity without signs of wash trading. The pair has been active for 138 days, providing a reasonable track record.

Upgrades10/10Low risk

The token's mint and freeze authorities are both revoked, meaning no further changes can be made to the token's supply or account freeze status. The token does not utilize any Token-2022 extensions that would allow for upgradable features like transfer hooks or transfer fees. Furthermore, the metadata is immutable, ensuring that the token's name, symbol, and image cannot be altered post-launch.

Final RecommendationWhat to do about this score

This token appears to have a robust security posture regarding its core mint and freeze functionalities.

Holders should verify on-chain that the mint and freeze authorities remain revoked to confirm the immutability of supply and account states. Monitor DEX liquidity and trading volume for any significant changes that could impact market stability.

Contract & Record

2 audits on record
TypeSPL Token-2022
NetworkSolana
Token age4mo
Contract6hKtz8…pump
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Audit History
  1. Sep 22, 20262Low
  2. Sep 4, 202652Medium
  3. Sep 2, 202640Medium

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

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