Early-stage security check — honeypot & rug-pull analysis
The DERC20 contract is a standard ERC-20 implementation with additional governance, voting, and vesting capabilities.
Read the full analysisEach 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
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
The risk score reads depth across every pair.
Whether the LP tokens are locked could not be determined.
The owner has the authority to call updateMintRate and release, which can increase the total supply of the token. This allows the owner to dilute the holdings of all existing token holders at their discretion.
Implement a timelock mechanism for all supply-altering functions to ensure the community has sufficient notice before changes occur.
Unresolved
The owner can use lockPool and unlockPool to toggle the transferability of tokens. This gives the owner the power to effectively freeze user assets or restrict trading activity within the protocol.
Restrict the ability to halt transfers to emergency scenarios only, and consider using a decentralized governance vote to trigger such actions.
Unresolved
The ten largest holders own 95.5% of supply. What remains: 0.5% in wallets, 95.0% in other contracts. 158 holders in total.
Watch the largest wallets that are not exchanges, pools or locks — those are the ones that can move the price.
Acknowledged
158 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.
Match the contract address against the project's official channels before trading.
Acknowledged
Liquidity $30.0M (DexScreener, all pools). 24h trading volume $284K (DexScreener, all pools).
Size any position to the liquidity and daily volume shown — they set how much you can sell and at what price.
Acknowledged
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 ProxyAdmin contract. Code: not upgradeable (no proxy). Fees: no buy or sell tax. Market: $30.0M of DEX liquidity across 1 pools. Launch: under a day of market history.
Check the project's own documentation for what the token is used for; this report covers what the contract allows.
Acknowledged
The token's oldest DEX pool is less than a day 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.
Re-check ownership, liquidity and holder distribution as the token matures; those are the facts that move early.
Acknowledged
The DERC20 contract is a standard ERC-20 implementation with additional governance, voting, and vesting capabilities. The protocol relies on a centralized owner to manage inflation rates and pool access. While the code follows standard OpenZeppelin patterns, the high degree of administrative control over token supply and transferability presents a significant centralization risk.
The architecture utilizes robust, battle-tested OpenZeppelin libraries for ERC-20, voting, and permit functionality. 7.1 Architecture and 7.2 Code Security are well-implemented, adhering to standard patterns. 7.3 Access Control is strictly enforced via Ownable, though the scope of administrative power is broad. 7.6 External dependencies are minimal and standard.
7.4 Economic and 7.5 Governance aspects are heavily centralized under the owner. The owner has the ability to mint tokens and halt transfers, which directly impacts token value and liquidity. While inflation is capped at 2% per year, the lack of a timelock or multi-sig requirement for these actions is a concern.
7.7 Upgrades are not supported as the contract is not a proxy. 7.8 Operations are straightforward, relying on the owner to trigger vesting releases and inflation adjustments. No complex upgrade paths exist to introduce hidden logic.
It is recommended to transition administrative control to a multi-signature wallet or a decentralized governance contract to mitigate the risk of a single point of failure.
Implementing a timelock on sensitive functions like updateMintRate would provide transparency and protection for token holders against sudden supply changes.
Free for any token on the record. It links to this page and always shows the current score and the date it was checked.
Score changes are recorded as dated snapshots — history is append-only and cannot be edited.
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