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Early-stage security check — honeypot & rug-pull analysis

Is Mr Veto a Scam?

VETOSolana
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Last checked Nov 4, 2026 · 1 audit on recordNew Launch · 2d old
SummaryAI Copilot

The Mr Veto (VETO) token is a Token-2022 asset with both mint and freeze authorities successfully revoked.

Read the full analysis
What raised the score
  • Liquidity < $50k
  • Volume/Liquidity > 15×
  • Top-10 concentration > 20%
Exact factors
  • Liquidity < $50k ($42,194 across 10 pairs — thin market)
  • Volume/Liquidity > 15× (33.2× — wash-trading signal)
  • Top-10 concentration > 20% (35.3% total → 23.0% effective; 23.0% in EOAs, 0.0% in contracts; 12.3% 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

Early-stage analysis. This token has limited on-chain history (2d old). New tokens carry elevated risk — data may change rapidly. Always verify independently before investing.

Security Checklist

as of audit · Nov 46 of 6 checks passed
Contract verifiedVerified
MintNo mint
Liquidity lockLocked
UpgradeabilityFixed code
HoneypotNone found
Buy / sell tax0% / 0%

Holders

as of audit · Nov 4, 20261,096 holders
23.0%Wallets12.3%DEX pools64.7%Everyone else
23.0%Wallets12.3%64.7%Everyone else
WalletsDEX poolsEveryone elseBubble area = share of supply
35.3%of supply sits with the top 10 holders
  • Walletsanonymous holders, free to sell23.0%
  • DEX poolsthe pools' own liquidity12.3%
  • Everyone else1,086 holders64.7%
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 Nov 4, 2026

Liquidity

as of audit · Nov 4$42.2K across 10 pairs
LP tokensLocked

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

Analysed pool$41.9KShare of depth99.3%

Security Findings

1 High6 Info
High

Wash Trading Signal

The 24-hour volume/liquidity ratio is 32.47, exceeding the 20x threshold. This pattern is strongly associated with artificially inflated trade volume.H-01

Issue

The 24-hour volume/liquidity ratio is 32.47, exceeding the 20x threshold. This pattern is strongly associated with artificially inflated trade volume.

Fix

Exercise caution when interpreting volume metrics; perform independent analysis of trade frequency and order book depth.

Status

Unresolved

Info

Who holds the supply

The ten largest holders own 35.3% of supply. Of that, 12.3% in DEX pools — not holders that can sell, so excluded from the concentration score. What remains: 23.0% in wallets, 0.0% in other contracts. 1,096 holders in total.QA-HOLDERS

Issue

The ten largest holders own 35.3% of supply. Of that, 12.3% in DEX pools — not holders that can sell, so excluded from the concentration score. What remains: 23.0% in wallets, 0.0% in other contracts. 1,096 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

Not listed by any independent source

1,096 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

1,096 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

Liquidity burned — cannot be withdrawn

100.0% of the pool's LP is burned or time-locked. 100.0% of the pool's LP tokens are burned — that liquidity can never be withdrawn by anyone.QA-LIQUIDITY

Issue

100.0% of the pool's LP is burned or time-locked. 100.0% of the pool's LP tokens are burned — that liquidity can never be withdrawn by anyone.

Fix

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

Status

Acknowledged

Info

The market for this token

Liquidity $42K (DexScreener, all pools). 24h trading volume $1.4M (DexScreener, all pools).QA-MARKET

Issue

Liquidity $42K (DexScreener, all pools). 24h trading volume $1.4M (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

Asset class: Meme token

A community token whose value comes from attention rather than a product. Being a meme is not a risk in itself: it is scored on exactly the same contract and market facts as any other token. The class itself adds no points; the contract and market facts decide the score. Basis: launched on pump.fun, a meme launchpad. Tokenomics — Supply: fixed — the contract has no mint function. Control: nobody (ownership renounced). Code: not upgradeable (no proxy). Fees: no buy or sell tax. Market: $42K of DEX liquidity across 10 pools. Launch: launched on pump.fun, 2 days of market history.QA-PROFILE

Issue

A community token whose value comes from attention rather than a product. Being a meme is not a risk in itself: it is scored on exactly the same contract and market facts as any other token. The class itself adds no points; the contract and market facts decide the score. Basis: launched on pump.fun, a meme launchpad. Tokenomics — Supply: fixed — the contract has no mint function. Control: nobody (ownership renounced). Code: not upgradeable (no proxy). Fees: no buy or sell tax. Market: $42K of DEX liquidity across 10 pools. Launch: launched on pump.fun, 2 days of market history.

Fix

Expect attention-driven volatility; the facts in this report say whether the contract itself can be used against holders.

Status

Acknowledged

Info

Recently launched — 2 days of market history

The token's oldest DEX pool is 2 days old. Age is not part of the risk score — a new token is not a risky one by default — but a short history means fewer trades and holder changes behind the facts in this report.QA-RECENT

Issue

The token's oldest DEX pool is 2 days old. Age is not part of the risk score — a new token is not a risky one by default — but a short history means fewer trades and holder changes behind the facts in this report.

Fix

Re-check ownership, liquidity and holder distribution as the token matures; those are the facts that move early.

Status

Acknowledged

Analysis

AI Copilotas of audit · Nov 4
Executive SummaryWhat the contract is and what the review found

The Mr Veto (VETO) token is a Token-2022 asset with both mint and freeze authorities successfully revoked. While the token exhibits a high volume-to-liquidity ratio suggesting potential wash trading, the liquidity itself is 100% burned, preventing rug-pulls via liquidity withdrawal. No adverse flags were reported by third-party registries.

Technical10/10Low risk

The token utilizes the Token-2022 program, ensuring modern extension compatibility. 7.1 Architecture and 7.2 Code Security are standard for SPL mints. 7.3 Access Control is robust, as both mint and freeze authorities are revoked. 7.8 Operations are stable with no active transfer hooks or balance-mutating extensions.

Governance7/10Low risk

7.4 Economic factors show a concentration of 22.99% among the top 10 holders. 7.5 Governance is decentralized due to authority revocation. 7.6 External market data indicates a volume/liquidity ratio of 32.47, which is a high signal for wash trading. Liquidity is $43,348 and is 100% burned, ensuring permanent availability.

Upgrades10/10Low risk

7.7 Upgrades are not applicable as SPL tokens do not use proxy patterns. Metadata is immutable, and extension configurations such as transfer fees and hooks are non-upgradable. The token state is fixed and cannot be altered by any external authority.

Final RecommendationWhat to do about this score

Investors should monitor the high volume-to-liquidity ratio, as it indicates that reported trading activity may not reflect organic market demand.

Given that liquidity is fully burned, the primary risk is price volatility rather than protocol-level rug-pulls. Verify the current holder distribution using a block explorer to ensure that the top 10 holders are not accumulating further supply. No further on-chain action is required to secure the token, as the mint and freeze authorities are already permanently revoked.

Contract & Record

1 audit on record
TypeSPL Token-2022
NetworkSolana
Token age2d
Contract4xWRsd…pump
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Audit History
  1. Nov 4, 202627Low

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

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